Churchill Management Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$139M |
| 2 |
State Street Consumer Staples Select Sector SPDR ETF
XLP
|
+$31.4M |
| 3 |
NNN REIT
NNN
|
+$13.4M |
| 4 |
General Motors
GM
|
+$13.2M |
| 5 |
AbbVie
ABBV
|
+$11.5M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
First Trust Dow Jones Internet Index Fund ETF
FDN
|
+$338M |
| 2 |
Invesco QQQ Trust
QQQ
|
+$215M |
| 3 |
State Street Financial Select Sector SPDR ETF
XLF
|
+$73.6M |
| 4 |
State Street Technology Select Sector SPDR ETF
XLK
|
+$47.1M |
| 5 |
Microsoft
MSFT
|
+$45.3M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Staples | 8.19% |
| 2 | Utilities | 7.99% |
| 3 | Industrials | 6.8% |
| 4 | Consumer Discretionary | 5.06% |
| 5 | Healthcare | 4.54% |
Similar funds
Churchill Management's Q1 2016 Portfolio in Review
As of Q1 2016, Churchill Management held 155 positions worth $1.42B, down 33% from $2.13B the previous quarter. Its ten largest holdings account for 59% of the portfolio.
Churchill Management withdrew a net $736M in Q1 2016, closing 47 positions and reducing 37 holdings. Its most notable exit was First Trust Dow Jones Internet Index Fund ETF, an estimated $338M position sold in full.
By sector, the portfolio is most concentrated in Consumer Staples at 8.2% of assets, up from 4.2% a quarter earlier, followed by Utilities and Industrials.
Against the trend, Churchill Management opened a new position in NNN REIT worth $14.3M.
- Churchill Management's largest Q1 2016 buy was NNN REIT: 309,179 shares worth $14.3M.
- Churchill Management added most to State Street SPDR S&P 500 ETF Trust in Q1 2016, an estimated $139M increase.
- Churchill Management's biggest Q1 2016 reduction was State Street Technology Select Sector SPDR ETF, cutting an estimated $47.1M.
- Churchill Management fully exited First Trust Dow Jones Internet Index Fund ETF in Q1 2016, selling an estimated $338M.
- Churchill Management's ten largest holdings make up 59% of its $1.42B portfolio in Q1 2016.
- Churchill Management opened 28 new positions and closed 47 in Q1 2016.
- Churchill Management's portfolio value fell 33% quarter-over-quarter to $1.42B.
Based on Churchill Management's 13F filing for Q1 2016, filed 13 Apr 2016.