Black-and-white Capital Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Elastic
ESTC
|
+$38.9M |
| 2 |
Walt Disney
DIS
|
+$37.7M |
| 3 |
CrowdStrike
CRWD
|
+$31.4M |
| 4 |
Uber
UBER
|
+$31.3M |
| 5 |
Live Nation Entertainment
LYV
|
+$27.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Snap
SNAP
|
+$46.3M |
| 2 |
AVLR
Avalara, Inc.
AVLR
|
+$44.4M |
| 3 |
Match Group
MTCH
|
+$39.5M |
| 4 |
Meta Platforms (Facebook)
META
|
+$32.7M |
| 5 |
General Motors
GM
|
+$27.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 24.33% |
| 2 | Communication Services | 12.81% |
| 3 | Consumer Discretionary | 5.27% |
| 4 | Industrials | 1.67% |
| 5 | Real Estate | 0.96% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
76
Snap
SNAP
$9.01B
| – | – |
-2,838,000
| Closed | -$46.3M |
|
77
Urban Outfitters
URBN
$6.59B
| – | – |
-100,000
| Closed | -$2.78M |
|
|
78
PUT
Urban Outfitters
URBN
$6.59B
| – | – |
-1,000,000
| Closed | -$27.8M |
|
79
PUT
Walmart Inc
WMT
$890B
| – | – |
-1,950,000
| Closed | -$77.2M |
|
80
PUT
State Street SPDR S&P Retail ETF
XRT
$327M
| – | – |
-1,200,000
| Closed | -$55.2M |
|
|
GAP
81
PUT
The Gap Inc
GAP
$7.37B
| – | – |
-500,000
| Closed | -$8.84M |
|
|
EXPR
82
PUT
DELISTED
Express, Inc.
EXPR
| – | – |
-100,000
| Closed | -$9.74M |
|
|
WWE
83
CALL
DELISTED
World Wrestling Entertainment
WWE
| – | – |
-400,000
| Closed | -$25.9M |
|
|
WWE
84
DELISTED
World Wrestling Entertainment
WWE
| – | – |
-102,300
| Closed | -$6.64M |
|
|
LOGM
85
DELISTED
LogMein, Inc.
LOGM
| – | – |
-112,300
| Closed | -$9.63M |
|
Similar funds
Black-and-white Capital's Q1 2020 Portfolio in Review
As of Q1 2020, Black-and-white Capital held 85 positions worth $1.19B, up 1% from $1.18B the previous quarter. Its ten largest holdings account for 44% of the portfolio.
Black-and-white Capital deployed $306M of net new capital in Q1 2020, opening 48 new positions and adding to 12 existing holdings. Its largest new stake was Elastic: 602,200 shares worth $33.6M.
By sector, the portfolio is most concentrated in Technology at 24% of assets, up from 15% a quarter earlier, followed by Communication Services and Consumer Discretionary.
On the sell side, the largest reduction was Avalara, Inc., an estimated $44.4M trimmed.
- Black-and-white Capital's largest Q1 2020 buy was Elastic: 602,200 shares worth $33.6M.
- Black-and-white Capital added most to Walt Disney in Q1 2020, an estimated $37.7M increase.
- Black-and-white Capital's biggest Q1 2020 reduction was Avalara, Inc., cutting an estimated $44.4M.
- Black-and-white Capital fully exited Snap in Q1 2020, selling an estimated $46.3M.
- Black-and-white Capital's ten largest holdings make up 44% of its $1.19B portfolio in Q1 2020.
- Black-and-white Capital opened 48 new positions and closed 20 in Q1 2020.
- Black-and-white Capital's portfolio value rose 1% quarter-over-quarter to $1.19B.
Based on Black-and-white Capital's 13F filing for Q1 2020, filed 15 May 2020.