Churchill Management Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Russell 2000 ETF
IWM
|
+$107M |
| 2 |
Chipotle Mexican Grill
CMG
|
+$49.1M |
| 3 |
Biogen
BIIB
|
+$46.5M |
| 4 |
Home Depot
HD
|
+$45.2M |
| 5 |
Gilead Sciences
GILD
|
+$43M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Starbucks
SBUX
|
+$135M |
| 2 |
iShares Russell 1000 Value ETF
IWD
|
+$109M |
| 3 |
State Street SPDR EURO STOXX 50 ETF
FEZ
|
+$91M |
| 4 |
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
|
+$55.3M |
| 5 |
iShares Russell Mid-Cap Value ETF
IWS
|
+$48.9M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 10.97% |
| 2 | Consumer Discretionary | 6.71% |
| 3 | Communication Services | 4.94% |
| 4 | Technology | 2.48% |
| 5 | Industrials | 1.64% |
Similar funds
Churchill Management's Q1 2014 Portfolio in Review
As of Q1 2014, Churchill Management held 234 positions worth $2.55B, down 2.4% from $2.61B the previous quarter. Its ten largest holdings account for 61% of the portfolio.
Churchill Management withdrew a net $101M in Q1 2014, closing 52 positions and reducing 50 holdings. Its most notable exit was Starbucks, an estimated $135M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 11% of assets, up from 6.9% a quarter earlier, followed by Consumer Discretionary and Communication Services.
Against the trend, Churchill Management opened a new position in iShares US Aerospace & Defense ETF worth $14.2M.
- Churchill Management's largest Q1 2014 buy was iShares US Aerospace & Defense ETF: 260,968 shares worth $14.2M.
- Churchill Management added most to iShares Russell 2000 ETF in Q1 2014, an estimated $107M increase.
- Churchill Management's biggest Q1 2014 reduction was iShares Russell 1000 Value ETF, cutting an estimated $109M.
- Churchill Management fully exited Starbucks in Q1 2014, selling an estimated $135M.
- Churchill Management's ten largest holdings make up 61% of its $2.55B portfolio in Q1 2014.
- Churchill Management opened 51 new positions and closed 52 in Q1 2014.
- Churchill Management's portfolio value fell 2.4% quarter-over-quarter to $2.55B.
Based on Churchill Management's 13F filing for Q1 2014, filed 9 Apr 2014.