Billings Capital Management Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
SYNH
Syneos Health, Inc. Class A Common Stock
SYNH
|
+$12.9M |
| 2 |
Lear
LEA
|
+$6.01M |
| 3 |
Gogo Inc
GOGO
|
+$77.2K |
| 4 |
Sinclair Inc
SBGI
|
+$35.6K |
| 5 |
AerCap
AER
|
+$24.6K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Signet Jewelers
SIG
|
+$16.1M |
| 2 |
TEN
Tenneco Inc. Class A Voting Common Stock
TEN
|
+$14.4M |
| 3 |
Credit Acceptance
CACC
|
+$10.3M |
| 4 |
Advance Auto Parts
AAP
|
+$4.07M |
| 5 |
FOGO
Fogo de Chao, Inc. Common Stock
FOGO
|
+$480K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Communication Services | 37.26% |
| 2 | Consumer Discretionary | 26.15% |
| 3 | Financials | 18.2% |
| 4 | Industrials | 9.29% |
| 5 | Healthcare | 9.1% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Gogo Inc
GOGO
$484M
| $29.2M | 22.77% |
3,387,751
+7,999
| +0.2% | +$77.2K |
|
|
2
Credit Acceptance
CACC
$6.69B
| $23.4M | 18.2% |
70,754
-31,140
| -31% | -$10.3M |
|
|
3
Advance Auto Parts
AAP
$3.21B
| $17.4M | 13.54% |
146,632
-35,617
| -20% | -$4.07M |
|
|
4
Lear
LEA
$7.1B
| $16.2M | 12.61% |
87,028
+31,903
| +58% | +$6.01M |
|
|
5
AerCap
AER
$23.2B
| $11.9M | 9.29% |
235,099
+474
| +0.2% | +$24.6K |
|
|
SYNH
6
DELISTED
Syneos Health, Inc. Class A Common Stock
SYNH
| $11.7M | 9.1% |
+329,238
| New | +$12.9M |
|
7
Nexstar Media Group
NXST
$5.61B
| $9.52M | 7.41% |
143,154
+265
| +0.2% | +$19.5K |
|
|
8
Sinclair Inc
SBGI
$997M
| $9.09M | 7.08% |
290,477
+1,002
| +0.3% | +$35.6K |
|
|
9
Signet Jewelers
SIG
$3.56B
| – | – |
-284,293
| Closed | -$16.1M |
|
|
TEN
10
DELISTED
Tenneco Inc. Class A Voting Common Stock
TEN
| – | – |
-245,937
| Closed | -$14.4M |
|
|
FOGO
11
DELISTED
Fogo de Chao, Inc. Common Stock
FOGO
| – | – |
-41,353
| Closed | -$480K |
|
Similar funds
Billings Capital Management's Q1 2018 Portfolio in Review
As of Q1 2018, Billings Capital Management held 11 positions worth $128M, down 22% from $164M the previous quarter. Its ten largest holdings account for 100% of the portfolio.
Billings Capital Management withdrew a net $26.3M in Q1 2018, closing 3 positions and reducing 2 holdings. Its most notable exit was Signet Jewelers, an estimated $16.1M position sold in full.
By sector, the portfolio is most concentrated in Communication Services at 37% of assets, up from 37% a quarter earlier, followed by Consumer Discretionary and Financials.
Against the trend, Billings Capital Management opened a new position in Syneos Health, Inc. Class A Common Stock worth $11.7M.
- Billings Capital Management's largest Q1 2018 buy was Syneos Health, Inc. Class A Common Stock: 329,238 shares worth $11.7M.
- Billings Capital Management added most to Lear in Q1 2018, an estimated $6.01M increase.
- Billings Capital Management's biggest Q1 2018 reduction was Credit Acceptance, cutting an estimated $10.3M.
- Billings Capital Management fully exited Signet Jewelers in Q1 2018, selling an estimated $16.1M.
- Billings Capital Management's ten largest holdings make up 100% of its $128M portfolio in Q1 2018.
- Billings Capital Management opened 1 new position and closed 3 in Q1 2018.
- Billings Capital Management's portfolio value fell 22% quarter-over-quarter to $128M.
Based on Billings Capital Management's 13F filing for Q1 2018, filed 15 May 2018.