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Absolute Return Capital

Absolute Return Capital Portfolio holdings

AUM $1.57B Turnover 38.81%
1-Year Est. Return 6.36%
This Fund
S&P 500
This Quarter Est. Return
-8.38%
1 Year Est. Return
-6.36%
3 Year Est. Return
–
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$1.57B
AUM Growth
-$942M
Cap. Flow
-$750M
Cap. Flow %
-47.93%
Top 10 Hldgs %
14.15%
Holding
675
New
91
Increased
134
Reduced
278
Closed
171
Avg Time Held
1.2 years
Top 10 Avg Time Held
0.1 years
Top 20 Avg Time Held
0.3 years

Top Buys

Rank Stock Value
1
XOM icon
ExxonMobil
XOM
+$18.6M
2
CVX icon
Chevron
CVX
+$13.2M
3
UNP icon
Union Pacific
UNP
+$12.9M
4
EXC icon
Exelon
EXC
+$11.5M
5
RTX icon
RTX Corp
RTX
+$11.2M

Top Sells

Rank Stock Value
1
BF.B icon
Brown-Forman Class B
BF.B
+$23.4M
2
LLY icon
Eli Lilly
LLY
+$21.4M
3
MKC icon
McCormick & Company Non-Voting
MKC
+$19.8M
4
CI icon
Cigna
CI
+$18.9M
5
HAS icon
Hasbro
HAS
+$17M

Sector Composition

Rank Sector Weight
1 Industrials 22.26%
2 Energy 14.73%
3 Consumer Discretionary 13.52%
4 Consumer Staples 10.31%
5 Healthcare 9.62%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake
Capital Flow Held Since
DWA
651
DELISTED
DREAMWORKS ANIMATION SKG INC CL-A
DWA
– –
-6,212
Closed -$164K –
CRC icon
652
DELISTED
California Resources Corporation
CRC
– –
-13,618
Closed -$823K –
SSE
653
DELISTED
SEVENTY SEVEN ENERGY INC COM
SSE
– –
-10,213
Closed -$44K –
BTU icon
654
DELISTED
PEABODY ENERGY CORP COM STK NEW (DE)
BTU
– –
-432
Closed -$14K –
SIRO
655
DELISTED
SIRONA DENTAL SYSTEMS INC COM STK
SIRO
– –
-6,328
Closed -$635K –
PCP
656
DELISTED
PRECISION CASTPARTS CORP
PCP
– –
-1,902
Closed -$380K –
PVA
657
DELISTED
PENN VIRGINIA CORP
PVA
– –
-72,783
Closed -$319K –
SD icon
658
DELISTED
SANDRIDGE ENERGY, INC.
SD
– –
-312,843
Closed -$274K –
UIL
659
DELISTED
UIL HOLDINGS
UIL
– –
-6,615
Closed -$303K –
RCPT
660
DELISTED
RECEPTOS INC COM STK (DE)
RCPT
– –
-2,286
Closed -$434K –
OCR
661
DELISTED
OMNICARE INC
OCR
– –
-14,780
Closed -$1.39M –
INFA icon
662
DELISTED
INFORMATICA CORP
INFA
– –
-4,379
Closed -$212K –
DTV
663
DELISTED
DIRECTV COM STK (DE)
DTV
– –
-85,468
Closed -$7.93M –
CTRX
664
DELISTED
CATAMARAN CORP COM STK (CDA)
CTRX
– –
-53,890
Closed -$3.29M –
ROSE
665
DELISTED
ROSETTA RESOURCES INC
ROSE
– –
-12,838
Closed -$297K –
FDO
666
DELISTED
FAMILY DOLLAR STORES
FDO
– –
-155,983
Closed -$12.3M –
RKT icon
667
DELISTED
ROCK-TENN COMPANY CL-A
RKT
– –
-5,905
Closed -$355K –
DRC
668
DELISTED
DRESSER-RAND GROUP INC
DRC
– –
-5,729
Closed -$488K –
EXXI
669
DELISTED
ENERGY XXI LTD COM SHS
EXXI
– –
-100,205
Closed -$264K –
SGY
670
DELISTED
Stone Energy
SGY
– –
-432
Closed -$309K –
WNR
671
DELISTED
Western Refining Inc
WNR
– –
-7,390
Closed -$322K –
MHR
672
DELISTED
MAGNUM HUNTER RESOURCES CORP (DEL)
MHR
– –
-222,338
Closed -$416K –
CB icon
673
DELISTED
CHUBB CORPORATION
CB
– –
-11,428
Closed -$1.09M –
HK
674
DELISTED
Halcon Resources Corporation
HK
– –
-1,590
Closed -$318K –
ANAC
675
DELISTED
ANACOR PHARMACEUTICALS INC COM
ANAC
– –
-6,222
Closed -$482K –

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Absolute Return Capital's Q3 2015 Portfolio in Review

As of Q3 2015, Absolute Return Capital held 675 positions worth $1.57B, down 38% from $2.51B the previous quarter. Its ten largest holdings account for 14% of the portfolio.

Absolute Return Capital withdrew a net $750M in Q3 2015, closing 171 positions and reducing 278 holdings. Its most notable exit was Eli Lilly, an estimated $21.4M position sold in full.

By sector, the portfolio is most concentrated in Industrials at 22% of assets, up from 16% a quarter earlier, followed by Energy and Consumer Discretionary.

Against the trend, Absolute Return Capital opened a new position in Exelon worth $10.8M.

  • Absolute Return Capital's largest Q3 2015 buy was Exelon: 510,763 shares worth $10.8M.
  • Absolute Return Capital added most to ExxonMobil in Q3 2015, an estimated $18.6M increase.
  • Absolute Return Capital's biggest Q3 2015 reduction was Brown-Forman Class B, cutting an estimated $23.4M.
  • Absolute Return Capital fully exited Eli Lilly in Q3 2015, selling an estimated $21.4M.
  • Absolute Return Capital's ten largest holdings make up 14% of its $1.57B portfolio in Q3 2015.
  • Absolute Return Capital opened 91 new positions and closed 171 in Q3 2015.
  • Absolute Return Capital's portfolio value fell 38% quarter-over-quarter to $1.57B.

Based on Absolute Return Capital's 13F filing for Q3 2015, filed 13 Nov 2015.