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 |
Matsons
MATX
|
+$7.54M |
| 2 |
Park Hotels & Resorts
PK
|
+$6.53M |
| 3 |
Lantheus
LNTH
|
+$6.24M |
| 4 |
Pegasystems
PEGA
|
+$5.99M |
| 5 |
Core & Main
CNM
|
+$5.29M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Armstrong World Industries
AWI
|
+$12.9M |
| 2 |
Rush Enterprises Class A
RUSHA
|
+$8.38M |
| 3 |
Everforth Inc
EFOR
|
+$8.21M |
| 4 |
Modine Manufacturing
MOD
|
+$6.85M |
| 5 |
NNN REIT
NNN
|
+$6.39M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Industrials | 17.74% |
| 2 | Technology | 15.26% |
| 3 | Financials | 14.15% |
| 4 | Healthcare | 13.52% |
| 5 | Consumer Discretionary | 12.07% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1
Emcor
EME
$26.6B
| $16.4M | 0.64% |
46,969
+2,968
| +7% | +$797K |
2022 Q3
6 quarters
|
|
2
BellRing Brands
BRBR
$1.07B
| $15M | 0.59% |
253,467
+26,082
| +11% | +$1.49M |
2022 Q3
6 quarters
|
|
3
Louisiana-Pacific
LPX
$5.27B
| $14.3M | 0.56% |
170,700
+6,910
| +4% | +$497K |
2023 Q2
3 quarters
|
|
4
Ryman Hospitality Properties
RHP
$9.11B
| $13.2M | 0.52% |
114,087
+2,540
| +2% | +$292K |
2021 Q3
10 quarters
|
|
5
Cirrus Logic
CRUS
$5.66B
| $13.1M | 0.51% |
141,622
+49,139
| +53% | +$4.24M |
2020 Q3
14 quarters
|
|
6
Euronet Worldwide
EEFT
$2.6B
| $12.9M | 0.51% |
117,677
+5,607
| +5% | +$588K |
2022 Q2
7 quarters
|
|
7
Outfront Media
OUT
$5.43B
| $12.9M | 0.5% |
780,283
+20,136
| +3% | +$284K |
2021 Q3
10 quarters
|
|
8
Itron
ITRI
$4.32B
| $12.7M | 0.5% |
137,734
+9,000
| +7% | +$725K |
2023 Q3
2 quarters
|
|
9
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $12.6M | 0.49% |
128,423
-8,590
| -6% | -$746K |
2023 Q3
2 quarters
|
|
10
Performance Food Group
PFGC
$17B
| $12.4M | 0.49% |
166,611
-1,800
| -1% | -$132K |
2022 Q2
7 quarters
|
|
11
Group 1 Automotive
GPI
$3.12B
| $12.4M | 0.49% |
42,454
+2,455
| +6% | +$671K |
2022 Q1
8 quarters
|
|
12
Grand Canyon Education
LOPE
$3B
| $12.1M | 0.48% |
89,161
+13,573
| +18% | +$1.77M |
2023 Q3
2 quarters
|
|
13
DELISTED
GMS Inc
GMS
| $12M | 0.47% |
123,398
+3,350
| +3% | +$293K |
2021 Q3
10 quarters
|
|
14
Eagle Materials
EXP
$5.66B
| $11.9M | 0.46% |
43,708
-1,173
| -3% | -$277K |
2022 Q3
6 quarters
|
|
15
Strategy Inc
MSTR
$54.6B
| $11.5M | 0.45% |
67,310
+13,400
| +25% | +$1.22M |
2022 Q1
8 quarters
|
|
16
Medpace
MEDP
$18.3B
| $11.4M | 0.45% |
28,320
-1,174
| -4% | -$413K |
2021 Q3
10 quarters
|
|
17
Avnet
AVT
$6.52B
| $11.4M | 0.45% |
230,703
-7,392
| -3% | -$346K |
2021 Q3
10 quarters
|
|
18
Bruker
BRKR
$9.36B
| $11.4M | 0.45% |
121,530
-4,690
| -4% | -$377K |
2018 Q4
21 quarters
|
|
19
Lincoln National
LNC
$7.63B
| $11.4M | 0.45% |
357,081
+8,340
| +2% | +$230K |
2022 Q2
7 quarters
|
|
20
Commault Systems
CVLT
$6.48B
| $11.3M | 0.44% |
111,696
-15,340
| -12% | -$1.39M |
2020 Q4
13 quarters
|
|
21
Boise Cascade
BCC
$2.44B
| $11.2M | 0.44% |
73,218
-8,157
| -10% | -$1.1M |
2019 Q3
18 quarters
|
|
22
First Bancorp
FBP
$3.92B
| $11.1M | 0.43% |
631,501
+183,834
| +41% | +$3.05M |
2021 Q3
10 quarters
|
|
23
Lamar Advertising Co
LAMR
$15.8B
| $10.9M | 0.42% |
90,884
+779
| +0.9% | +$85.4K |
2021 Q3
10 quarters
|
|
24
SM Energy
SM
$7.03B
| $10.8M | 0.42% |
217,574
-41,632
| -16% | -$1.7M |
2023 Q1
4 quarters
|
|
25
Driven Brands
DRVN
$1.96B
| $10.8M | 0.42% |
684,449
-60,360
| -8% | -$835K |
2023 Q3
2 quarters
|
|
Similar funds
Algert Global's Q1 2024 Portfolio in Review
As of Q1 2024, Algert Global held 1,321 positions worth $2.55B, up 2.9% from $2.48B the previous quarter. Its ten largest holdings account for 5.3% of the portfolio.
Algert Global withdrew a net $81.8M in Q1 2024, closing 270 positions and reducing 432 holdings. Its most notable exit was Armstrong World Industries, an estimated $12.9M position sold in full.
By sector, the portfolio is most concentrated in Industrials at 18% of assets, up from 16% a quarter earlier, followed by Technology and Financials.
Against the trend, Algert Global opened a new position in Jones Lang LaSalle worth $5.67M.
- Algert Global's largest Q1 2024 buy was Jones Lang LaSalle: 29,060 shares worth $5.67M.
- Algert Global added most to Matsons in Q1 2024, an estimated $7.54M increase.
- Algert Global's biggest Q1 2024 reduction was Rush Enterprises Class A, cutting an estimated $8.38M.
- Algert Global fully exited Armstrong World Industries in Q1 2024, selling an estimated $12.9M.
- Algert Global's ten largest holdings make up 5.3% of its $2.55B portfolio in Q1 2024.
- Algert Global opened 211 new positions and closed 270 in Q1 2024.
- Algert Global's portfolio value rose 2.9% quarter-over-quarter to $2.55B.
Based on Algert Global's 13F filing for Q1 2024, filed 15 May 2024.