We are live on ! Find out more
ADEF

ABS Direct Equity Fund Portfolio holdings

AUM $131M
1-Year Est. Return 7.53%
This Fund
S&P 500
This Quarter Est. Return
+7.61%
1 Year Est. Return
+7.53%
3 Year Est. Return
–
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$102M
AUM Growth
-$4.23M
Cap. Flow
-$10.1M
Cap. Flow %
-9.93%
Top 10 Hldgs %
49.51%
Holding
51
New
8
Increased
9
Reduced
14
Closed
9

Top Buys

Rank Stock Value
1
RTO icon
Rentokil
RTO
+$3.36M
2
VIPS icon
Vipshop
VIPS
+$2.38M
3
KSPI icon
Kaspi.kz JSC
KSPI
+$2.29M
4
PAR icon
PAR Technology
PAR
+$1.99M
5
PDD icon
Pinduoduo
PDD
+$1.79M

Top Sells

Rank Stock Value
1
GFF icon
Griffon
GFF
+$5.83M
2
MELI icon
Mercado Libre
MELI
+$3.24M
3
YUMC icon
Yum China
YUMC
+$2.18M
4
CPNG icon
Coupang
CPNG
+$2.12M
5
INFY icon
Infosys
INFY
+$2.08M

Sector Composition

Rank Sector Weight
1 Consumer Discretionary 30.52%
2 Industrials 23.82%
3 Technology 16.38%
4 Communication Services 9.46%
5 Consumer Staples 9.09%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
IMXI icon
26
International Money Express
IMXI
$392M
$1.37M 1.34%
60,000
-25,047
-29% -$526K
TGS icon
27
Transportadora de Gas del Sur
TGS
$4.59B
$1.36M 1.34%
+90,370
New +$1.26M
VALE icon
28
Vale
VALE
$62.9B
$1.31M 1.28%
107,523
-2,477
-2% -$33.4K
SKY icon
29
Champion Homes
SKY
$4.48B
$1.28M 1.25%
15,000
– –
EMBJ
30
Embraer S.A. ADS
EMBJ
$11.6B
$1.17M 1.14%
+43,750
New +$868K
OMAB icon
31
Grupo Aeroportuario Centro Norte
OMAB
$4.99B
$1.05M 1.03%
13,300
+600
+5% +$43.9K
LEGH icon
32
Legacy Housing
LEGH
$630M
$1.04M 1.02%
48,426
-1,574
-3% -$37.8K
EXTR icon
33
Extreme Networks
EXTR
$3.86B
$981K 0.96%
85,000
-15,000
-15% -$205K
BZ icon
34
Kanzhun
BZ
$6.89B
$947K 0.93%
54,000
-600
-1% -$9.46K
BABA icon
35
Alibaba
BABA
$269B
$861K 0.84%
11,900
– –
IIIV icon
36
i3 Verticals
IIIV
$395M
$687K 0.67%
30,000
-5,000
-14% -$104K
ASO icon
37
Academy Sports + Outdoors
ASO
$2.89B
$675K 0.66%
10,000
-20,000
-67% -$1.35M
VIST icon
38
Vista Energy
VIST
$7.75B
$647K 0.63%
+15,633
New +$544K
BSAC icon
39
Banco Santander Chile
BSAC
$15.8B
$609K 0.6%
30,720
-88,682
-74% -$1.7M
DADA
40
DELISTED
Dada Nexus
DADA
$412K 0.4%
200,900
– –
SWIM icon
41
Latham Group
SWIM
$646M
$396K 0.39%
100,000
+30,648
+44% +$87.4K
NTES icon
42
NetEase
NTES
$76.5B
$321K 0.31%
3,100
– –
ALV icon
43
Autoliv
ALV
$8.6B
– –
-11,554
Closed -$1.27M
ASR icon
44
Grupo Aeroportuario del Sureste
ASR
$8.03B
– –
-6,900
Closed -$2.03M
CCU icon
45
Compañía de Cervecerías Unidas
CCU
$2.12B
– –
-98,213
Closed -$1.23M
CPNG icon
46
Coupang
CPNG
$27.8B
– –
-131,210
Closed -$2.12M
INFY icon
47
Infosys
INFY
$45B
– –
-113,367
Closed -$2.08M
LX
48
LexinFintech Holdings
LX
$244M
– –
-25,606
Closed -$47.1K
RYAAY icon
49
Ryanair
RYAAY
$29.5B
– –
-27,705
Closed -$1.48M
TOL icon
50
Toll Brothers
TOL
$14B
– –
-5,000
Closed -$514K
1
2
3

Similar funds

LC
LTG Capital Newton, Massachusetts $131M AUM 19.7% 1-Year Est. Return
AC
Aldebaran Capital Carmel, Indiana $131M AUM 34.7% 1-Year Est. Return
CIP
Castlefield Investment Partners Manchester $131M AUM
EWP
Evergreen Wealth Partners Kalispell, Montana $131M AUM
EIM
Emmett Investment Management New York $131M AUM 25.7% 1-Year Est. Return
JPT
Jordan Park Trust Portsmouth, New Hampshire $131M AUM 14.11% 1-Year Est. Return
SPWM
Schrum Private Wealth Management St. Augustine, Florida $131M AUM 18.38% 1-Year Est. Return
CF
Collier Financial Denver, Colorado $131M AUM

ABS Direct Equity Fund's Q1 2024 Portfolio in Review

As of Q1 2024, ABS Direct Equity Fund held 51 positions worth $102M, down 4% from $106M the previous quarter. Its ten largest holdings account for 50% of the portfolio.

ABS Direct Equity Fund withdrew a net $10.1M in Q1 2024, closing 9 positions and reducing 14 holdings. Its most notable exit was Yum China, an estimated $2.18M position sold in full.

By sector, the portfolio is most concentrated in Consumer Discretionary at 31% of assets, down from 34% a quarter earlier, followed by Industrials and Technology.

Against the trend, ABS Direct Equity Fund opened a new position in Rentokil worth $3.66M.

  • ABS Direct Equity Fund's largest Q1 2024 buy was Rentokil: 121,260 shares worth $3.66M.
  • ABS Direct Equity Fund added most to Pinduoduo in Q1 2024, an estimated $1.79M increase.
  • ABS Direct Equity Fund's biggest Q1 2024 reduction was Griffon, cutting an estimated $5.83M.
  • ABS Direct Equity Fund fully exited Yum China in Q1 2024, selling an estimated $2.18M.
  • ABS Direct Equity Fund's ten largest holdings make up 50% of its $102M portfolio in Q1 2024.
  • ABS Direct Equity Fund opened 8 new positions and closed 9 in Q1 2024.
  • ABS Direct Equity Fund's portfolio value fell 4% quarter-over-quarter to $102M.

Based on ABS Direct Equity Fund's 13F filing for Q1 2024, filed 9 May 2024.