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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
+3.86%
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
$3B
AUM Growth
+$556M
(+23%)
Cap. Flow
+$470M
Cap. Flow
% of AUM
15.66%
Top 10 Holdings %
Top 10 Hldgs %
68.86%
Holding
121
New
20
Increased
38
Reduced
49
Closed
14
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invesco QQQ Trust
QQQ
|
+$231M |
| 2 |
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
|
+$217M |
| 3 |
State Street Materials Select Sector SPDR ETF
XLB
|
+$40.6M |
| 4 |
State Street Financial Select Sector SPDR ETF
XLF
|
+$38.1M |
| 5 |
State Street Industrial Select Sector SPDR ETF
XLI
|
+$37.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street Health Care Select Sector SPDR ETF
XLV
|
+$62M |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$42.5M |
| 3 |
RAI
Reynolds American Inc
RAI
|
+$25.8M |
| 4 |
Altria Group
MO
|
+$21.2M |
| 5 |
Ameren
AEE
|
+$20.1M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 5.29% |
| 2 | Consumer Discretionary | 3.83% |
| 3 | Industrials | 3.77% |
| 4 | Communication Services | 3.62% |
| 5 | Utilities | 2.37% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Invesco QQQ Trust
QQQ
$455B
| $393M | 13.08% |
3,314,997
+1,960,680
| +145% | +$231M |
|
2
Vanguard S&P 500 ETF
VOO
$968B
| $321M | 10.69% |
1,563,046
-18,688
| -1% | -$3.75M |
|
|
3
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$45.8B
| $303M | 10.08% |
1,532,978
+1,149,611
| +300% | +$217M |
|
|
4
State Street SPDR S&P 500 ETF Trust
SPY
$778B
| $271M | 9.04% |
1,213,850
-194,487
| -14% | -$42.5M |
|
5
iShares Russell 1000 Growth ETF
IWF
$122B
| $178M | 5.93% |
6,795,464
+173,396
| +3% | +$4.5M |
|
6
iShares Core S&P Mid-Cap ETF
IJH
$123B
| $174M | 5.8% |
5,264,420
+142,845
| +3% | +$4.53M |
|
7
iShares S&P 500 Growth ETF
IVW
$72.5B
| $172M | 5.74% |
5,658,812
+139,504
| +3% | +$4.21M |
|
8
State Street Technology Select Sector SPDR ETF
XLK
$115B
| $98.2M | 3.27% |
4,059,892
+203,216
| +5% | +$4.85M |
|
9
First Trust Dow Jones Internet Index Fund ETF
FDN
$4.86B
| $91.4M | 3.04% |
1,145,054
-70,334
| -6% | -$5.67M |
|
|
10
State Street Financial Select Sector SPDR ETF
XLF
$55.6B
| $65.9M | 2.2% |
2,836,385
+1,777,536
| +168% | +$38.1M |
|
11
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$21.4B
| $42.5M | 1.42% |
1,044,222
+51,688
| +5% | +$2.09M |
|
|
12
State Street Materials Select Sector SPDR ETF
XLB
$8.51B
| $41.6M | 1.39% |
+1,674,288
| New | +$40.6M |
|
|
13
State Street Industrial Select Sector SPDR ETF
XLI
$33.9B
| $38.5M | 1.28% |
+618,269
| New | +$37.2M |
|
14
Alphabet (Google) Class A
GOOGL
$3.91T
| $32.2M | 1.07% |
813,600
-23,240
| -3% | -$929K |
|
15
Booking.com
BKNG
$138B
| $31.7M | 1.05% |
539,875
-24,475
| -4% | -$1.46M |
|
16
Republic Services
RSG
$66.7B
| $23.8M | 0.79% |
416,356
+5,365
| +1% | +$288K |
|
17
Chevron
CVX
$388B
| $22.6M | 0.75% |
192,385
+144,339
| +300% | +$15.7M |
|
|
PBCT
18
DELISTED
People's United Financial Inc
PBCT
| $22.3M | 0.74% |
1,153,330
+37,599
| +3% | +$664K |
|
19
Cincinnati Financial
CINF
$28.3B
| $21.5M | 0.72% |
284,064
+8,056
| +3% | +$599K |
|
20
General Motors
GM
$74.7B
| $21.2M | 0.7% |
+607,268
| New | +$20.4M |
|
21
Principal Financial Group
PFG
$23.6B
| $20.8M | 0.69% |
359,244
+11,595
| +3% | +$650K |
|
22
Old Republic International
ORI
$10.3B
| $20.3M | 0.67% |
1,066,027
+44,760
| +4% | +$806K |
|
23
LyondellBasell Industries
LYB
$19.5B
| $20.2M | 0.67% |
+235,355
| New | +$19.8M |
|
24
AT&T
T
$165B
| $20.1M | 0.67% |
626,421
+27,920
| +5% | +$824K |
|
25
Wells Fargo
WFC
$261B
| $20M | 0.67% |
+363,318
| New | +$18.3M |
|
Similar funds
CWM
CIA
AWS
FHA
MME
MC
NFC
WBA
Churchill Management's Q4 2016 Portfolio in Review
As of Q4 2016, Churchill Management held 121 positions worth $3B, up 23% from $2.45B the previous quarter. Its ten largest holdings account for 69% of the portfolio.
Churchill Management deployed $470M of net new capital in Q4 2016, opening 20 new positions and adding to 38 existing holdings. Its largest new stake was State Street Materials Select Sector SPDR ETF: 1,674,288 shares worth $41.6M.
By sector, the portfolio is most concentrated in Financials at 5.3% of assets, up from 4.9% a quarter earlier, followed by Consumer Discretionary and Industrials.
On the sell side, the largest reduction was State Street SPDR S&P 500 ETF Trust, an estimated $42.5M trimmed.
- Churchill Management's largest Q4 2016 buy was State Street Materials Select Sector SPDR ETF: 1,674,288 shares worth $41.6M.
- Churchill Management added most to Invesco QQQ Trust in Q4 2016, an estimated $231M increase.
- Churchill Management's biggest Q4 2016 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $42.5M.
- Churchill Management fully exited State Street Health Care Select Sector SPDR ETF in Q4 2016, selling an estimated $62M.
- Churchill Management's ten largest holdings make up 69% of its $3B portfolio in Q4 2016.
- Churchill Management opened 20 new positions and closed 14 in Q4 2016.
- Churchill Management's portfolio value rose 23% quarter-over-quarter to $3B.
Based on Churchill Management's 13F filing for Q4 2016, filed 9 Jan 2017.