Billings Capital Management Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Credit Acceptance
CACC
|
+$7.59M |
| 2 |
Gogo Inc
GOGO
|
+$4.1M |
| 3 |
TEN
Tenneco Inc. Class A Voting Common Stock
TEN
|
+$1.21M |
| 4 |
Signet Jewelers
SIG
|
+$1.06M |
| 5 |
TLRD
Tailored Brands, Inc.
TLRD
|
+$903K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
MasTec
MTZ
|
+$19.9M |
| 2 |
Century Communities
CCS
|
+$10.5M |
| 3 |
HAPN
Happen Inc
HAPN
|
+$10.1M |
| 4 |
United Rentals
URI
|
+$8.31M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 37.4% |
| 2 | Financials | 28.09% |
| 3 | Communication Services | 20.89% |
| 4 | Industrials | 13.63% |
| 5 | Real Estate | 0% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Credit Acceptance
CACC
$6.69B
| $28.7M | 23.87% |
132,004
+39,138
| +42% | +$7.59M |
|
|
TEN
2
DELISTED
Tenneco Inc. Class A Voting Common Stock
TEN
| $16.2M | 13.44% |
258,669
+20,611
| +9% | +$1.21M |
|
|
TLRD
3
DELISTED
Tailored Brands, Inc.
TLRD
| $14.9M | 12.36% |
581,831
+46,713
| +9% | +$903K |
|
|
4
Gogo Inc
GOGO
$484M
| $14.5M | 12.05% |
1,572,256
+415,778
| +36% | +$4.1M |
|
|
5
Signet Jewelers
SIG
$3.56B
| $14M | 11.6% |
148,074
+12,074
| +9% | +$1.06M |
|
|
6
MasTec
MTZ
$26B
| $12.1M | 10.05% |
316,035
-585,103
| -65% | -$19.9M |
|
7
Nexstar Media Group
NXST
$5.61B
| $9.05M | 7.52% |
142,975
+10,146
| +8% | +$581K |
|
|
8
United Rentals
URI
$65.5B
| $4.3M | 3.58% |
40,747
-91,352
| -69% | -$8.31M |
|
9
Wells Fargo
WFC
$265B
| $3.79M | 3.15% |
68,824
+3,781
| +6% | +$190K |
|
10
Sinclair Inc
SBGI
$997M
| $1.57M | 1.31% |
47,238
+3,191
| +7% | +$95K |
|
11
JPMorgan Chase
JPM
$907B
| $1.27M | 1.06% |
14,767
+4,088
| +38% | +$312K |
|
|
12
Century Communities
CCS
$1.89B
| – | – |
-489,967
| Closed | -$10.5M |
|
|
HAPN
13
Happen Inc
HAPN
$2.22B
| – | – |
-326,836
| Closed | -$10.1M |
|
Similar funds
Billings Capital Management's Q4 2016 Portfolio in Review
As of Q4 2016, Billings Capital Management held 13 positions worth $120M, down 10% from $134M the previous quarter. Its ten largest holdings account for 99% of the portfolio.
Billings Capital Management withdrew a net $32.8M in Q4 2016, closing 2 positions and reducing 2 holdings. Its most notable exit was Century Communities, an estimated $10.5M position sold in full.
By sector, the portfolio is most concentrated in Consumer Discretionary at 37% of assets, up from 24% a quarter earlier, followed by Financials and Communication Services.
Against the trend, Billings Capital Management added an estimated $7.59M to Credit Acceptance.
- Billings Capital Management added most to Credit Acceptance in Q4 2016, an estimated $7.59M increase.
- Billings Capital Management's biggest Q4 2016 reduction was MasTec, cutting an estimated $19.9M.
- Billings Capital Management fully exited Century Communities in Q4 2016, selling an estimated $10.5M.
- Billings Capital Management's ten largest holdings make up 99% of its $120M portfolio in Q4 2016.
- Billings Capital Management opened 0 new positions and closed 2 in Q4 2016.
- Billings Capital Management's portfolio value fell 10% quarter-over-quarter to $120M.
Based on Billings Capital Management's 13F filing for Q4 2016, filed 14 Feb 2017.