Churchill Management Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$70.4M |
| 2 |
State Street Health Care Select Sector SPDR ETF
XLV
|
+$55.2M |
| 3 |
State Street Utilities Select Sector SPDR ETF
XLU
|
+$40.6M |
| 4 |
CenterPoint Energy
CNP
|
+$16.9M |
| 5 |
PepsiCo
PEP
|
+$16.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invesco QQQ Trust
QQQ
|
+$346M |
| 2 |
First Trust NYSE Arca Biotechnology Index Fund
FBT
|
+$346M |
| 3 |
iShares Russell 2000 Growth ETF
IWO
|
+$306M |
| 4 |
Vanguard Information Technology ETF
VGT
|
+$303M |
| 5 |
Vanguard Financials ETF
VFH
|
+$233M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Industrials | 4.56% |
| 2 | Healthcare | 4.45% |
| 3 | Technology | 4.42% |
| 4 | Utilities | 3.77% |
| 5 | Financials | 3.42% |
Similar funds
Churchill Management's Q4 2018 Portfolio in Review
As of Q4 2018, Churchill Management held 159 positions worth $2.28B, down 51% from $4.61B the previous quarter. Its ten largest holdings account for 71% of the portfolio.
Churchill Management withdrew a net $2.01B in Q4 2018, closing 56 positions and reducing 35 holdings. Its most notable exit was Invesco QQQ Trust, an estimated $346M position sold in full.
By sector, the portfolio is most concentrated in Industrials at 4.6% of assets, up from 4.2% a quarter earlier, followed by Healthcare and Technology.
Against the trend, Churchill Management opened a new position in State Street Utilities Select Sector SPDR ETF worth $39.6M.
- Churchill Management's largest Q4 2018 buy was State Street Utilities Select Sector SPDR ETF: 1,495,186 shares worth $39.6M.
- Churchill Management added most to State Street SPDR S&P 500 ETF Trust in Q4 2018, an estimated $70.4M increase.
- Churchill Management's biggest Q4 2018 reduction was Vanguard S&P 500 ETF, cutting an estimated $5.08M.
- Churchill Management fully exited Invesco QQQ Trust in Q4 2018, selling an estimated $346M.
- Churchill Management's ten largest holdings make up 71% of its $2.28B portfolio in Q4 2018.
- Churchill Management opened 32 new positions and closed 56 in Q4 2018.
- Churchill Management's portfolio value fell 51% quarter-over-quarter to $2.28B.
Based on Churchill Management's 13F filing for Q4 2018, filed 15 Jan 2019.