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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
+5%
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
$3.72B
AUM Growth
-$39.4M
(-1%)
Cap. Flow
-$195M
Cap. Flow
% of AUM
-5.25%
Top 10 Holdings %
Top 10 Hldgs %
71.01%
Holding
130
New
19
Increased
34
Reduced
51
Closed
26
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
First Trust Dow Jones Internet Index Fund ETF
FDN
|
+$207M |
| 2 |
State Street Financial Select Sector SPDR ETF
XLF
|
+$166M |
| 3 |
State Street Communication Services Select Sector SPDR ETF
XLC
|
+$111M |
| 4 |
Vanguard Mid-Cap ETF
VO
|
+$32M |
| 5 |
Adobe
ADBE
|
+$29M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invesco QQQ Trust
QQQ
|
+$452M |
| 2 |
State Street Health Care Select Sector SPDR ETF
XLV
|
+$179M |
| 3 |
Boeing
BA
|
+$61.3M |
| 4 |
State Street Utilities Select Sector SPDR ETF
XLU
|
+$45M |
| 5 |
First Trust NASDAQ-100 Technology Index Fund
QTEC
|
+$27.8M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 4.69% |
| 2 | Technology | 3.72% |
| 3 | Industrials | 3.44% |
| 4 | Consumer Discretionary | 2.48% |
| 5 | Utilities | 2.47% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
State Street SPDR S&P 500 ETF Trust
SPY
$778B
| $730M | 19.63% |
2,491,969
-13,770
| -0.5% | -$3.97M |
|
2
iShares Russell 1000 Growth ETF
IWF
$122B
| $351M | 9.43% |
8,921,096
+57,036
| +0.6% | +$2.21M |
|
3
iShares S&P 500 Growth ETF
IVW
$72.5B
| $338M | 9.08% |
7,540,552
+60,624
| +0.8% | +$2.67M |
|
4
State Street Technology Select Sector SPDR ETF
XLK
$115B
| $305M | 8.2% |
7,820,406
+246,008
| +3% | +$9.38M |
|
|
5
First Trust Dow Jones Internet Index Fund ETF
FDN
$4.86B
| $208M | 5.6% |
+1,448,788
| New | +$207M |
|
6
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$21.4B
| $178M | 4.78% |
2,980,808
+104,100
| +4% | +$6.09M |
|
|
7
State Street Financial Select Sector SPDR ETF
XLF
$55.6B
| $169M | 4.55% |
+6,132,083
| New | +$166M |
|
|
8
Invesco QQQ Trust
QQQ
$455B
| $161M | 4.33% |
861,463
-2,457,127
| -74% | -$452M |
|
|
9
State Street Communication Services Select Sector SPDR ETF
XLC
$21.9B
| $113M | 3.03% |
+2,293,122
| New | +$111M |
|
10
State Street Consumer Staples Select Sector SPDR ETF
XLP
$14.2B
| $88.2M | 2.37% |
1,518,879
+56,196
| +4% | +$3.22M |
|
11
iShares Russell Mid-Cap Growth ETF
IWP
$20B
| $64M | 1.72% |
897,546
-39,562
| -4% | -$2.75M |
|
12
Visa
V
$677B
| $38.6M | 1.04% |
222,529
+160,085
| +256% | +$26.2M |
|
|
13
Vanguard Mid-Cap ETF
VO
$106B
| $32.7M | 0.88% |
+781,692
| New | +$32M |
|
|
14
Adobe
ADBE
$89.5B
| $30.8M | 0.83% |
+104,561
| New | +$29M |
|
15
Home Depot
HD
$332B
| $30.3M | 0.81% |
145,580
-7,582
| -5% | -$1.51M |
|
16
iShares US Medical Devices ETF
IHI
$3.02B
| $27.4M | 0.74% |
681,834
-43,674
| -6% | -$1.65M |
|
17
iShares Expanded Tech-Software Sector ETF
IGV
$13B
| $27.1M | 0.73% |
620,490
-40,665
| -6% | -$1.74M |
|
18
State Street SPDR S&P Dividend ETF
SDY
$21.9B
| $26M | 0.7% |
257,434
-16,337
| -6% | -$1.63M |
|
19
Republic Services
RSG
$66.7B
| $22.6M | 0.61% |
260,608
-20,423
| -7% | -$1.7M |
|
20
Broadcom
AVGO
$1.82T
| $21.7M | 0.58% |
752,260
-23,130
| -3% | -$674K |
|
21
MetLife
MET
$61B
| $20.2M | 0.54% |
406,317
+57,559
| +17% | +$2.71M |
|
22
Waste Management
WM
$95.9B
| $19.2M | 0.52% |
166,071
-13,998
| -8% | -$1.52M |
|
23
Amazon
AMZN
$2.5T
| $18.2M | 0.49% |
191,980
-680
| -0.4% | -$63.3K |
|
24
Lockheed Martin
LMT
$134B
| $18M | 0.48% |
49,547
-3,653
| -7% | -$1.22M |
|
25
Oneok
OKE
$58.7B
| $17.7M | 0.48% |
256,854
-17,277
| -6% | -$1.16M |
|
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CWM
CIA
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FHA
MME
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NFC
WBA
Churchill Management's Q2 2019 Portfolio in Review
As of Q2 2019, Churchill Management held 130 positions worth $3.72B, down 1% from $3.76B the previous quarter. Its ten largest holdings account for 71% of the portfolio.
Churchill Management withdrew a net $195M in Q2 2019, closing 26 positions and reducing 51 holdings. Its most notable exit was State Street Health Care Select Sector SPDR ETF, an estimated $179M position sold in full.
By sector, the portfolio is most concentrated in Financials at 4.7% of assets, up from 2.7% a quarter earlier, followed by Technology and Industrials.
Against the trend, Churchill Management opened a new position in First Trust Dow Jones Internet Index Fund ETF worth $208M.
- Churchill Management's largest Q2 2019 buy was First Trust Dow Jones Internet Index Fund ETF: 1,448,788 shares worth $208M.
- Churchill Management added most to Visa in Q2 2019, an estimated $26.2M increase.
- Churchill Management's biggest Q2 2019 reduction was Invesco QQQ Trust, cutting an estimated $452M.
- Churchill Management fully exited State Street Health Care Select Sector SPDR ETF in Q2 2019, selling an estimated $179M.
- Churchill Management's ten largest holdings make up 71% of its $3.72B portfolio in Q2 2019.
- Churchill Management opened 19 new positions and closed 26 in Q2 2019.
- Churchill Management's portfolio value fell 1% quarter-over-quarter to $3.72B.
Based on Churchill Management's 13F filing for Q2 2019, filed 10 Jul 2019.