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
FMX icon
1
Fomento Económico Mexicano
FMX
$43.3B
$9.28M 9.09%
71,200
+2,100
+3% +$274K
AMX icon
2
America Movil
AMX
$78.1B
$6.99M 6.85%
374,400
+33,400
+10% +$615K
MELI icon
3
Mercado Libre
MELI
$91.3B
$5.05M 4.95%
3,341
-1,981
-37% -$3.24M
CX icon
4
Cemex
CX
$17.4B
$5.03M 4.93%
558,700
-217,500
-28% -$1.74M
RCM
5
DELISTED
R1 RCM Inc. Common Stock
RCM
$4.83M 4.73%
375,000
-25,000
-6% -$291K
GFF icon
6
Griffon
GFF
$4.16B
$4.77M 4.67%
65,000
-89,282
-58% -$5.83M
PDD icon
7
Pinduoduo
PDD
$118B
$4.38M 4.29%
37,700
+13,700
+57% +$1.79M
RTO icon
8
Rentokil
RTO
$14.3B
$3.66M 3.58%
+121,260
New +$3.36M
EEFT icon
9
Euronet Worldwide
EEFT
$3.02B
$3.3M 3.23%
30,000
– –
BXC icon
10
BlueLinx
BXC
$455M
$3.26M 3.19%
25,000
-2,600
-9% -$306K
TCOM icon
11
Trip.com Group
TCOM
$27.5B
$3.1M 3.03%
70,531
-22,100
-24% -$898K
YMM icon
12
Full Truck Alliance
YMM
$9.56B
$2.94M 2.88%
404,000
+139,800
+53% +$933K
XPOF icon
13
Xponential Fitness
XPOF
$265M
$2.89M 2.84%
175,000
+50,000
+40% +$615K
KSPI icon
14
Kaspi.kz JSC
KSPI
$16.3B
$2.88M 2.82%
+22,362
New +$2.29M
CROX icon
15
Crocs
CROX
$6.69B
$2.88M 2.82%
20,000
– –
ALTG icon
16
Alta Equipment Group
ALTG
$210M
$2.85M 2.79%
220,000
– –
HTHT icon
17
Huazhu Hotels Group
HTHT
$12.4B
$2.66M 2.61%
68,794
– –
SWI
18
DELISTED
SolarWinds Corporation Common Stock
SWI
$2.52M 2.47%
200,000
– –
PAC icon
19
Grupo Aeroportuario del Pacifico
PAC
$12.9B
$2.34M 2.29%
14,350
+400
+3% +$62K
VIPS icon
20
Vipshop
VIPS
$6.84B
$2.34M 2.29%
+141,385
New +$2.38M
PAR icon
21
PAR Technology
PAR
$637M
$2.04M 2%
+45,000
New +$1.99M
YPF icon
22
YPF
YPF
$20.2B
$1.99M 1.95%
+100,400
New +$1.74M
MNSO icon
23
MINISO
MNSO
$3.64B
$1.81M 1.78%
88,441
+12,600
+17% +$241K
ABG icon
24
Asbury Automotive
ABG
$4.19B
$1.77M 1.73%
7,500
– –
BIDU icon
25
Baidu
BIDU
$35.8B
$1.4M 1.38%
13,339
– –
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.