Algert Global Portfolio holdings
Algert Global is a systematic equity manager that uses data science and machine learning to rank stocks against each other. Peter Algert, a former head of research for stock selection strategies at Barclays Global Investors, co-founded the firm in 2002 and is its chief executive and co-chief investment officer. The firm, called Algert Coldiron Investors until 2014, runs long-only, extension and market neutral strategies: the extension strategies take both long and short positions, and the market neutral strategy aims for returns that do not depend on the direction of global markets. Its clients include pension funds, insurance companies and sovereign wealth funds, and its employees own it.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Grand Canyon Education
LOPE
|
+$8.34M |
| 2 |
Beacon Roofing Supply, Inc.
BECN
|
+$7.63M |
| 3 |
Euronet Worldwide
EEFT
|
+$5.12M |
| 4 |
BellRing Brands
BRBR
|
+$4.92M |
| 5 |
Summit Materials, Inc. Class A Common Stock
SUM
|
+$4.29M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vertiv
VRT
|
+$7.77M |
| 2 |
Manhattan Associates
MANH
|
+$7.74M |
| 3 |
UFP Industries
UFPI
|
+$6.86M |
| 4 |
East-West Bancorp
EWBC
|
+$6M |
| 5 |
Taylor Morrison
TMHC
|
+$5.98M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 15.31% |
| 2 | Industrials | 15.25% |
| 3 | Financials | 14.28% |
| 4 | Consumer Discretionary | 13.9% |
| 5 | Healthcare | 13.18% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1
Harley-Davidson
HOG
$3.25B
| $12.9M | 0.52% |
351,128
+46,973
| +15% | +$1.45M |
2021 Q3
9 quarters
|
|
2
Armstrong World Industries
AWI
$6.96B
| $12.9M | 0.52% |
131,499
+38,105
| +41% | +$3.15M |
2023 Q1
3 quarters
|
|
3
Everforth Inc
EFOR
$1.57B
| $12.8M | 0.51% |
132,665
-4,500
| -3% | -$393K |
2021 Q1
11 quarters
|
|
|
4
BellRing Brands
BRBR
$1.07B
| $12.6M | 0.51% |
227,385
+101,980
| +81% | +$4.92M |
2022 Q3
5 quarters
|
|
5
Ryman Hospitality Properties
RHP
$9.19B
| $12.3M | 0.49% |
111,547
+4,333
| +4% | +$413K |
2021 Q3
9 quarters
|
|
6
Group 1 Automotive
GPI
$3.12B
| $12.2M | 0.49% |
39,999
+2,316
| +6% | +$631K |
2022 Q1
7 quarters
|
|
7
M/I Homes
MHO
$3.24B
| $12.1M | 0.49% |
87,977
-15,094
| -15% | -$1.51M |
2022 Q1
7 quarters
|
|
8
Avnet
AVT
$7.25B
| $12M | 0.48% |
238,095
+11,388
| +5% | +$542K |
2021 Q3
9 quarters
|
|
|
9
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $11.9M | 0.48% |
137,013
+97,342
| +245% | +$7.63M |
2023 Q3
1 quarter
|
|
10
Performance Food Group
PFGC
$15.6B
| $11.6M | 0.47% |
168,411
-4,586
| -3% | -$282K |
2022 Q2
6 quarters
|
|
11
Louisiana-Pacific
LPX
$5.13B
| $11.6M | 0.47% |
163,790
+33,297
| +26% | +$1.99M |
2023 Q2
2 quarters
|
|
12
Clearway Energy Class C
CWEN
$3.88B
| $11.5M | 0.46% |
417,483
-5,760
| -1% | -$134K |
2023 Q1
3 quarters
|
|
13
Syndax Pharmaceuticals
SNDX
$1.22B
| $11.4M | 0.46% |
528,157
+71,938
| +16% | +$1.11M |
2021 Q4
8 quarters
|
|
|
14
Euronet Worldwide
EEFT
$2.36B
| $11.4M | 0.46% |
112,070
+60,056
| +115% | +$5.12M |
2022 Q2
6 quarters
|
|
15
Brady Corp
BRC
$3.88B
| $10.9M | 0.44% |
184,883
+2,786
| +2% | +$154K |
2022 Q1
7 quarters
|
|
16
Toll Brothers
TOL
$13.4B
| $10.6M | 0.43% |
103,548
-16,519
| -14% | -$1.38M |
2023 Q2
2 quarters
|
|
17
Driven Brands
DRVN
$2.05B
| $10.6M | 0.43% |
744,809
+52,541
| +8% | +$655K |
2023 Q3
1 quarter
|
|
18
Frontdoor
FTDR
$6.04B
| $10.6M | 0.43% |
301,177
-11,694
| -4% | -$389K |
2021 Q3
9 quarters
|
|
19
Boise Cascade
BCC
$2.75B
| $10.5M | 0.42% |
81,375
-2,013
| -2% | -$216K |
2019 Q3
17 quarters
|
|
20
Outfront Media
OUT
$5.64B
| $10.4M | 0.42% |
760,147
-72,778
| -9% | -$822K |
2021 Q3
9 quarters
|
|
21
Rush Enterprises Class A
RUSHA
$5.02B
| $10.2M | 0.41% |
304,503
+73,951
| +32% | +$1.99M |
2021 Q3
9 quarters
|
|
22
Commault Systems
CVLT
$6.76B
| $10.1M | 0.41% |
127,036
-6,126
| -5% | -$438K |
2020 Q4
12 quarters
|
|
23
Duolingo
DUOL
$6.16B
| $10.1M | 0.41% |
44,463
+15,723
| +55% | +$3.06M |
2023 Q1
3 quarters
|
|
24
SM Energy
SM
$9.6B
| $10M | 0.4% |
259,206
-17,779
| -6% | -$686K |
2023 Q1
3 quarters
|
|
25
Xenon Pharmaceuticals
XENE
$3.62B
| $10M | 0.4% |
217,320
+88,833
| +69% | +$3.14M |
2022 Q1
7 quarters
|
|
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Algert Global's Q4 2023 Portfolio in Review
As of Q4 2023, Algert Global held 1,320 positions worth $2.48B, up 17% from $2.13B the previous quarter. Its ten largest holdings account for 5% of the portfolio.
Algert Global's Q4 2023 filing shows 235 new, 392 increased, 379 reduced and 210 closed positions. Its largest new stake was Oshkosh: 43,650 shares worth $4.73M. The largest sale was Vertiv, an estimated $7.77M.
By sector, the portfolio is most concentrated in Technology at 15% of assets, up from 15% a quarter earlier, followed by Industrials and Financials.
- Algert Global's largest Q4 2023 buy was Oshkosh: 43,650 shares worth $4.73M.
- Algert Global added most to Grand Canyon Education in Q4 2023, an estimated $8.34M increase.
- Algert Global's biggest Q4 2023 reduction was Manhattan Associates, cutting an estimated $7.74M.
- Algert Global fully exited Vertiv in Q4 2023, selling an estimated $7.77M.
- Algert Global's ten largest holdings make up 5% of its $2.48B portfolio in Q4 2023.
- Algert Global opened 235 new positions and closed 210 in Q4 2023.
- Algert Global's portfolio value rose 17% quarter-over-quarter to $2.48B.
Based on Algert Global's 13F filing for Q4 2023, filed 14 Feb 2024.