Bach Option Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$13.4M |
| 2 |
iShares MSCI EAFE ETF
EFA
|
+$5.89M |
| 3 |
iShares Russell 2000 ETF
IWM
|
+$2.96M |
| 4 |
VXX
iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019
VXX
|
+$1.98M |
| 5 |
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
|
+$1.47M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
SPDR Gold Trust
GLD
|
+$2.61M |
| 2 |
Invesco QQQ Trust
QQQ
|
+$1.49M |
| 3 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$382K |
| 4 |
iShares Silver Trust
SLV
|
+$324K |
| 5 |
Blackrock
BLK
|
+$320K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 1.35% |
| 2 | Consumer Discretionary | 1.24% |
| 3 | Communication Services | 0.89% |
| 4 | Technology | 0.88% |
| 5 | Industrials | 0.69% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
176
CALL
United Airlines
UAL
$39.4B
| – | – |
-10,000
| Closed | -$891K |
|
|
177
PUT
United Airlines
UAL
$39.4B
| – | – |
-10,000
| Closed | -$891K |
|
Similar funds
Bach Option's Q4 2018 Portfolio in Review
As of Q4 2018, Bach Option held 177 positions worth $380M, up 22% from $311M the previous quarter. Its ten largest holdings account for 63% of the portfolio.
Bach Option deployed $112M of net new capital in Q4 2018, opening 64 new positions and adding to 33 existing holdings. Its largest new stake was iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019: 53,587 shares worth $2.51M.
By sector, the portfolio is most concentrated in Financials at 1.4% of assets, up from 0.25% a quarter earlier, followed by Consumer Discretionary and Communication Services.
On the sell side, the largest reduction was iShares 20+ Year Treasury Bond ETF, an estimated $382K trimmed.
- Bach Option's largest Q4 2018 buy was iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019: 53,587 shares worth $2.51M.
- Bach Option added most to State Street SPDR S&P 500 ETF Trust in Q4 2018, an estimated $13.4M increase.
- Bach Option's biggest Q4 2018 reduction was iShares 20+ Year Treasury Bond ETF, cutting an estimated $382K.
- Bach Option fully exited SPDR Gold Trust in Q4 2018, selling an estimated $2.61M.
- Bach Option's ten largest holdings make up 63% of its $380M portfolio in Q4 2018.
- Bach Option opened 64 new positions and closed 25 in Q4 2018.
- Bach Option's portfolio value rose 22% quarter-over-quarter to $380M.
Based on Bach Option's 13F filing for Q4 2018, filed 28 Jan 2019.