Churchill Management Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
First Trust Dow Jones Internet Index Fund ETF
FDN
|
+$207M |
| 2 |
State Street Financial Select Sector SPDR ETF
XLF
|
+$166M |
| 3 |
State Street Communication Services Select Sector SPDR ETF
XLC
|
+$111M |
| 4 |
Vanguard Morningstar Mid-Cap ETF
VO
|
+$32M |
| 5 |
Adobe
ADBE
|
+$29M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invesco QQQ Trust
QQQ
|
+$452M |
| 2 |
State Street Health Care Select Sector SPDR ETF
XLV
|
+$179M |
| 3 |
Boeing
BA
|
+$61.3M |
| 4 |
State Street Utilities Select Sector SPDR ETF
XLU
|
+$45M |
| 5 |
First Trust NASDAQ-100 Technology Index Fund
QTEC
|
+$27.8M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 4.69% |
| 2 | Technology | 3.72% |
| 3 | Industrials | 3.44% |
| 4 | Consumer Discretionary | 2.48% |
| 5 | Utilities | 2.47% |
Similar funds
Churchill Management's Q2 2019 Portfolio in Review
As of Q2 2019, Churchill Management held 130 positions worth $3.72B, down 1% from $3.76B the previous quarter. Its ten largest holdings account for 71% of the portfolio.
Churchill Management withdrew a net $195M in Q2 2019, closing 26 positions and reducing 51 holdings. Its most notable exit was State Street Health Care Select Sector SPDR ETF, an estimated $179M position sold in full.
By sector, the portfolio is most concentrated in Financials at 4.7% of assets, up from 2.7% a quarter earlier, followed by Technology and Industrials.
Against the trend, Churchill Management opened a new position in First Trust Dow Jones Internet Index Fund ETF worth $208M.
- Churchill Management's largest Q2 2019 buy was First Trust Dow Jones Internet Index Fund ETF: 1,448,788 shares worth $208M.
- Churchill Management added most to Visa in Q2 2019, an estimated $26.2M increase.
- Churchill Management's biggest Q2 2019 reduction was Invesco QQQ Trust, cutting an estimated $452M.
- Churchill Management fully exited State Street Health Care Select Sector SPDR ETF in Q2 2019, selling an estimated $179M.
- Churchill Management's ten largest holdings make up 71% of its $3.72B portfolio in Q2 2019.
- Churchill Management opened 19 new positions and closed 26 in Q2 2019.
- Churchill Management's portfolio value fell 1% quarter-over-quarter to $3.72B.
Based on Churchill Management's 13F filing for Q2 2019, filed 10 Jul 2019.