Act II Management Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
PARA
Paramount Global Class B
PARA
|
+$5.36M |
| 2 |
VG
Vonage Holdings Corporation
VG
|
+$4.83M |
| 3 |
DESP
Despegar.com
DESP
|
+$2.45M |
| 4 |
Outfront Media
OUT
|
+$1.28M |
| 5 |
Paylocity
PCTY
|
+$1.17M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
TFCFA
Twenty-First Century Fox, Inc. Class A
TFCFA
|
+$5.47M |
| 2 |
T-Mobile US
TMUS
|
+$5.07M |
| 3 |
Chegg
CHGG
|
+$3.01M |
| 4 |
Twilio
TWLO
|
+$2.99M |
| 5 |
Nexstar Media Group
NXST
|
+$2.77M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Communication Services | 70.89% |
| 2 | Consumer Staples | 9.66% |
| 3 | Technology | 9.24% |
| 4 | Consumer Discretionary | 2.4% |
| 5 | Real Estate | 1.65% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
Fox Class A
FOXA
$23.2B
| $351K | 0.29% |
+9,566
| New | +$373K |
|
27
Netflix
NFLX
$292B
| – | – |
-80,000
| Closed | -$2.14M |
|
28
Spotify
SPOT
$99.2B
| – | – |
-8,320
| Closed | -$944K |
|
|
29
Twilio
TWLO
$29.1B
| – | – |
-33,459
| Closed | -$2.99M |
|
|
CONE
30
DELISTED
CyrusOne Inc Common Stock
CONE
| – | – |
-45,000
| Closed | -$2.38M |
|
|
TFCFA
31
DELISTED
Twenty-First Century Fox, Inc. Class A
TFCFA
| – | – |
-113,700
| Closed | -$5.47M |
|
Similar funds
Act II Management's Q1 2019 Portfolio in Review
As of Q1 2019, Act II Management held 31 positions worth $120M, up 7.8% from $112M the previous quarter. Its ten largest holdings account for 74% of the portfolio.
Act II Management withdrew a net $9.84M in Q1 2019, closing 5 positions and reducing 9 holdings. Its most notable exit was Twenty-First Century Fox, Inc. Class A, an estimated $5.47M position sold in full.
By sector, the portfolio is most concentrated in Communication Services at 71% of assets, down from 72% a quarter earlier, followed by Consumer Staples and Technology.
Against the trend, Act II Management opened a new position in Paramount Global Class B worth $5.23M.
- Act II Management's largest Q1 2019 buy was Paramount Global Class B: 110,000 shares worth $5.23M.
- Act II Management added most to Outfront Media in Q1 2019, an estimated $1.28M increase.
- Act II Management's biggest Q1 2019 reduction was T-Mobile US, cutting an estimated $5.07M.
- Act II Management fully exited Twenty-First Century Fox, Inc. Class A in Q1 2019, selling an estimated $5.47M.
- Act II Management's ten largest holdings make up 74% of its $120M portfolio in Q1 2019.
- Act II Management opened 7 new positions and closed 5 in Q1 2019.
- Act II Management's portfolio value rose 7.8% quarter-over-quarter to $120M.
Based on Act II Management's 13F filing for Q1 2019, filed 14 May 2019.