We are live on
!
Find out more
BIC
Beach Investment Counsel Portfolio holdings
AUM
$679M
1-Year Est. Return
20.28%
This Fund
S&P 500
This Quarter
Est. Return
+3.03%
1 Year Est. Return
+20.28%
3 Year Est. Return
+36%
5 Year Est. Return
+172.93%
10 Year Est. Return
+252.3%
AUM
$951M
AUM Growth
-$24.1M
(-2.5%)
Cap. Flow
-$46.3M
Cap. Flow
% of AUM
-4.87%
Top 10 Holdings %
Top 10 Hldgs %
41.59%
Holding
169
New
10
Increased
8
Reduced
47
Closed
10
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
International Paper
IP
|
+$13.3M |
| 2 |
Morgan Stanley
MS
|
+$8.47M |
| 3 |
Royal Caribbean
RCL
|
+$5.28M |
| 4 |
Enterprise Products Partners
EPD
|
+$5.07M |
| 5 |
Carnival Corporation Ltd
CCL
|
+$5.06M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
AGN
Allergan plc
AGN
|
+$10.6M |
| 2 |
Union Pacific
UNP
|
+$8.39M |
| 3 |
Thermo Fisher Scientific
TMO
|
+$7.76M |
| 4 |
Southwest Airlines
LUV
|
+$7.04M |
| 5 |
CAFD
8point3 Energy Partners LP
CAFD
|
+$6.96M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 16.53% |
| 2 | Energy | 15.53% |
| 3 | Utilities | 13.53% |
| 4 | Healthcare | 12.49% |
| 5 | Industrials | 6.41% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
FOE
151
DELISTED
Ferro Corporation
FOE
| $221K | 0.02% |
9,897
-8,937
| -47% | -$174K |
|
152
Warner Bros
WBD
$66.2B
| $209K | 0.02% |
9,831
| – | – |
|
153
Univest Financial
UVSP
$1.21B
| $207K | 0.02% |
6,461
-1,325
| -17% | -$39.6K |
|
154
Thomson Reuters
TRI
$43.4B
| $201K | 0.02% |
3,773
| – | – |
|
155
Dominion Energy
D
$58.8B
| – | – |
-2,950
| Closed | -$226K |
|
156
Danaher
DHR
$141B
| – | – |
-60,303
| Closed | -$4.51M |
|
157
The Mosaic Company
MOS
$7.46B
| – | – |
-10,000
| Closed | -$228K |
|
158
Plains GP Holdings
PAGP
$5.02B
| – | – |
-13,273
| Closed | -$347K |
|
159
J.M. Smucker
SJM
$12.7B
| – | – |
-6,170
| Closed | -$730K |
|
160
United Airlines
UAL
$41.9B
| – | – |
-3,020
| Closed | -$227K |
|
|
DBD
161
DELISTED
Diebold Nixdorf Incorporated
DBD
| – | – |
-19,823
| Closed | -$555K |
|
|
STON
162
DELISTED
StoneMor Inc.
STON
| – | – |
-48,370
| Closed | -$457K |
|
|
BWP
163
DELISTED
Boardwalk Pipeline Partners
BWP
| – | – |
-19,904
| Closed | -$358K |
|
|
JFC
164
DELISTED
JPMorgan China Region Fund, Inc.
JFC
| – | – |
-35,209
| Closed | -$707K |
|
Similar funds
ACP
FP
PAM
PFC
BBNA
MIS
KTA
SWC
Beach Investment Counsel's Q3 2017 Portfolio in Review
As of Q3 2017, Beach Investment Counsel held 169 positions worth $951M, down 2.5% from $975M the previous quarter. Its ten largest holdings account for 42% of the portfolio.
Beach Investment Counsel withdrew a net $46.3M in Q3 2017, closing 10 positions and reducing 47 holdings. Its most notable exit was Danaher, an estimated $4.51M position sold in full.
By sector, the portfolio is most concentrated in Financials at 17% of assets, up from 15% a quarter earlier, followed by Energy and Utilities.
Against the trend, Beach Investment Counsel opened a new position in International Paper worth $13.7M.
- Beach Investment Counsel's largest Q3 2017 buy was International Paper: 253,704 shares worth $13.7M.
- Beach Investment Counsel added most to Enterprise Products Partners in Q3 2017, an estimated $5.07M increase.
- Beach Investment Counsel's biggest Q3 2017 reduction was Allergan plc, cutting an estimated $10.6M.
- Beach Investment Counsel fully exited Danaher in Q3 2017, selling an estimated $4.51M.
- Beach Investment Counsel's ten largest holdings make up 42% of its $951M portfolio in Q3 2017.
- Beach Investment Counsel opened 10 new positions and closed 10 in Q3 2017.
- Beach Investment Counsel's portfolio value fell 2.5% quarter-over-quarter to $951M.
Based on Beach Investment Counsel's 13F filing for Q3 2017, filed 27 Oct 2017.