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Churchill Management Portfolio holdings
AUM
$9.21B
1-Year Est. Return
19.91%
This Fund
S&P 500
This Quarter
Est. Return
+9.07%
1 Year Est. Return
+19.91%
3 Year Est. Return
+84.39%
5 Year Est. Return
+162.19%
10 Year Est. Return
+484.01%
AUM
$5.92B
AUM Growth
+$1.04B
(+21%)
Cap. Flow
+$615M
Cap. Flow
% of AUM
10.4%
Top 10 Holdings %
Top 10 Hldgs %
61.96%
Holding
166
New
38
Increased
26
Reduced
75
Closed
27
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invesco QQQ Trust
QQQ
|
+$352M |
| 2 |
Vanguard S&P 500 ETF
VOO
|
+$351M |
| 3 |
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
|
+$199M |
| 4 |
iShares Russell 1000 Growth ETF
IWF
|
+$172M |
| 5 |
State Street Communication Services Select Sector SPDR ETF
XLC
|
+$111M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vanguard Morningstar Value ETF
VTV
|
+$182M |
| 2 |
iShares Russell 2000 ETF
IWM
|
+$161M |
| 3 |
State Street Health Care Select Sector SPDR ETF
XLV
|
+$132M |
| 4 |
State Street Energy Select Sector SPDR ETF
XLE
|
+$87.7M |
| 5 |
State Street Materials Select Sector SPDR ETF
XLB
|
+$55.8M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 4.14% |
| 2 | Energy | 2.11% |
| 3 | Consumer Staples | 1.88% |
| 4 | Consumer Discretionary | 1.73% |
| 5 | Industrials | 1.7% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
151
iShares Russell 2000 ETF
IWM
$82B
| – | – |
-899,859
| Closed | -$161M |
|
152
iShares Russell 2000 Value ETF
IWN
$14.5B
| – | – |
-83,749
| Closed | -$11.5M |
|
153
Kroger
KR
$35B
| – | – |
-90,327
| Closed | -$4.46M |
|
154
Lockheed Martin
LMT
$134B
| – | – |
-5,544
| Closed | -$2.62M |
|
155
Pfizer
PFE
$141B
| – | – |
-33,472
| Closed | -$1.37M |
|
156
Prudential Financial
PRU
$42.2B
| – | – |
-58,949
| Closed | -$4.88M |
|
157
PayPal
PYPL
$49.2B
| – | – |
-50,468
| Closed | -$3.83M |
|
158
Qualcomm
QCOM
$164B
| – | – |
-14,557
| Closed | -$1.86M |
|
159
Star Bulk Carriers
SBLK
$3.19B
| – | – |
-210,078
| Closed | -$4.44M |
|
160
Target
TGT
$66.8B
| – | – |
-15,190
| Closed | -$2.52M |
|
161
UnitedHealth
UNH
$375B
| – | – |
-24,859
| Closed | -$11.7M |
|
162
Williams Companies
WMB
$85.3B
| – | – |
-243,133
| Closed | -$7.26M |
|
163
W.R. Berkley
WRB
$26.3B
| – | – |
-116,775
| Closed | -$4.85M |
|
|
164
State Street Materials Select Sector SPDR ETF
XLB
$8.38B
| – | – |
-1,384,420
| Closed | -$55.8M |
|
|
SLCA
165
DELISTED
U.S. SILICA HOLDINGS, INC.
SLCA
| – | – |
-105,395
| Closed | -$1.26M |
|
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Churchill Management's Q2 2023 Portfolio in Review
As of Q2 2023, Churchill Management held 166 positions worth $5.92B, up 21% from $4.88B the previous quarter. Its ten largest holdings account for 62% of the portfolio.
Churchill Management deployed $615M of net new capital in Q2 2023, opening 38 new positions and adding to 26 existing holdings. Its largest new stake was Vanguard S&P 500 ETF: 908,602 shares worth $370M.
By sector, the portfolio is most concentrated in Technology at 4.1% of assets, up from 3.4% a quarter earlier, followed by Energy and Consumer Staples.
On the sell side, the largest reduction was Vanguard Morningstar Value ETF, an estimated $182M trimmed.
- Churchill Management's largest Q2 2023 buy was Vanguard S&P 500 ETF: 908,602 shares worth $370M.
- Churchill Management added most to Invesco QQQ Trust in Q2 2023, an estimated $352M increase.
- Churchill Management's biggest Q2 2023 reduction was Vanguard Morningstar Value ETF, cutting an estimated $182M.
- Churchill Management fully exited iShares Russell 2000 ETF in Q2 2023, selling an estimated $161M.
- Churchill Management's ten largest holdings make up 62% of its $5.92B portfolio in Q2 2023.
- Churchill Management opened 38 new positions and closed 27 in Q2 2023.
- Churchill Management's portfolio value rose 21% quarter-over-quarter to $5.92B.
Based on Churchill Management's 13F filing for Q2 2023, filed 18 Jul 2023.