Cadence Capital Management Portfolio holdings

Cadence Capital Management's Q1 2016 Portfolio in Review

As of Q1 2016, Cadence Capital Management held 708 positions worth $1.42B, down 4.5% from $1.49B the previous quarter. Its ten largest holdings account for 10% of the portfolio.

Cadence Capital Management withdrew a net $108M in Q1 2016, closing 91 positions and reducing 278 holdings. Its most notable exit was Chubb, an estimated $5.84M position sold in full.

By sector, the portfolio is most concentrated in Industrials at 16% of assets, down from 18% a quarter earlier, followed by Financials and Technology.

Against the trend, Cadence Capital Management opened a new position in Abbott worth $8.04M.

• Cadence Capital Management's largest Q1 2016 buy was Abbott: 192,087 shares worth $8.04M.
• Cadence Capital Management added most to American International in Q1 2016, an estimated $8.7M increase.
• Cadence Capital Management's biggest Q1 2016 reduction was Las Vegas Sands, cutting an estimated $11.6M.
• Cadence Capital Management fully exited Chubb in Q1 2016, selling an estimated $5.84M.
• Cadence Capital Management's ten largest holdings make up 10% of its $1.42B portfolio in Q1 2016.
• Cadence Capital Management opened 104 new positions and closed 91 in Q1 2016.
• Cadence Capital Management's portfolio value fell 4.5% quarter-over-quarter to $1.42B.

Based on Cadence Capital Management's 13F filing for Q1 2016, filed 2 May 2016.