Churchill Management Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vanguard Materials ETF
VAW
|
+$148M |
| 2 |
State Street Health Care Select Sector SPDR ETF
XLV
|
+$89.6M |
| 3 |
State Street Technology Select Sector SPDR ETF
XLK
|
+$29.4M |
| 4 |
State Street Financial Select Sector SPDR ETF
XLF
|
+$28M |
| 5 |
Eagle Materials
EXP
|
+$27.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$87.9M |
| 2 |
Cincinnati Financial
CINF
|
+$21.5M |
| 3 |
Chevron
CVX
|
+$21.3M |
| 4 |
State Street Materials Select Sector SPDR ETF
XLB
|
+$16M |
| 5 |
Dominion Energy
D
|
+$15.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 4.76% |
| 2 | Communication Services | 4.41% |
| 3 | Financials | 4.22% |
| 4 | Industrials | 3.86% |
| 5 | Materials | 1.99% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
126
Dominion Energy
D
$62B
| – | – |
-202,759
| Closed | -$15.5M |
|
127
Delta Air Lines
DAL
$56.7B
| – | – |
-18,871
| Closed | -$928K |
|
128
H&R Block
HRB
$5.98B
| – | – |
-228,154
| Closed | -$5.25M |
|
129
iShares Core S&P 500 ETF
IVV
$858B
| – | – |
-954
| Closed | -$215K |
|
130
iShares Russell 2000 Value ETF
IWN
$14.3B
| – | – |
-25,265
| Closed | -$3M |
|
131
O'Reilly Automotive
ORLY
$75.1B
| – | – |
-84,045
| Closed | -$1.56M |
|
132
Qualcomm
QCOM
$164B
| – | – |
-61,308
| Closed | -$4M |
|
133
WEC Energy
WEC
$36.3B
| – | – |
-256,123
| Closed | -$15M |
|
|
ACAS
134
DELISTED
American Capital Ltd
ACAS
| – | – |
-221,296
| Closed | -$3.97M |
|
Similar funds
Churchill Management's Q1 2017 Portfolio in Review
As of Q1 2017, Churchill Management held 134 positions worth $3.53B, up 17% from $3B the previous quarter. Its ten largest holdings account for 64% of the portfolio.
Churchill Management deployed $318M of net new capital in Q1 2017, opening 27 new positions and adding to 42 existing holdings. Its largest new stake was Vanguard Materials ETF: 1,250,922 shares worth $149M.
By sector, the portfolio is most concentrated in Consumer Discretionary at 4.8% of assets, up from 3.8% a quarter earlier, followed by Communication Services and Financials.
On the sell side, the largest reduction was State Street SPDR S&P 500 ETF Trust, an estimated $87.9M trimmed.
- Churchill Management's largest Q1 2017 buy was Vanguard Materials ETF: 1,250,922 shares worth $149M.
- Churchill Management added most to State Street Technology Select Sector SPDR ETF in Q1 2017, an estimated $29.4M increase.
- Churchill Management's biggest Q1 2017 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $87.9M.
- Churchill Management fully exited Cincinnati Financial in Q1 2017, selling an estimated $21.5M.
- Churchill Management's ten largest holdings make up 64% of its $3.53B portfolio in Q1 2017.
- Churchill Management opened 27 new positions and closed 12 in Q1 2017.
- Churchill Management's portfolio value rose 17% quarter-over-quarter to $3.53B.
Based on Churchill Management's 13F filing for Q1 2017, filed 7 Apr 2017.