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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
-0.7%
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
$5.67B
AUM Growth
-$1.5B
(-21%)
Cap. Flow
-$1.36B
Cap. Flow
% of AUM
-23.9%
Top 10 Holdings %
Top 10 Hldgs %
64.81%
Holding
170
New
28
Increased
48
Reduced
42
Closed
51
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$432M |
| 2 |
State Street Health Care Select Sector SPDR ETF
XLV
|
+$205M |
| 3 |
State Street Consumer Staples Select Sector SPDR ETF
XLP
|
+$158M |
| 4 |
Molson Coors Class B
TAP
|
+$16.3M |
| 5 |
Elevance Health
ELV
|
+$12M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares S&P 500 Growth ETF
IVW
|
+$256M |
| 2 |
Invesco QQQ Trust
QQQ
|
+$251M |
| 3 |
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
|
+$241M |
| 4 |
Vanguard Small-Cap ETF
VB
|
+$211M |
| 5 |
Vanguard Mid-Cap ETF
VO
|
+$204M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 3.43% |
| 2 | Industrials | 2.52% |
| 3 | Energy | 2.47% |
| 4 | Financials | 2.16% |
| 5 | Healthcare | 2.15% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
Vanguard Value ETF
VTV
$189B
| $583M | 10.27% |
3,943,332
+59,084
| +2% | +$8.62M |
|
2
State Street Technology Select Sector SPDR ETF
XLK
$115B
| $534M | 9.42% |
6,722,132
-636,306
| -9% | -$50M |
|
|
3
State Street SPDR S&P 500 ETF Trust
SPY
$778B
| $483M | 8.51% |
1,068,843
+971,319
| +996% | +$432M |
|
4
iShares Core S&P 500 ETF
IVV
$876B
| $408M | 7.19% |
899,254
-13,550
| -1% | -$6.06M |
|
5
Vanguard S&P 500 ETF
VOO
$968B
| $406M | 7.16% |
977,870
+1
| +0% | +$409 |
|
|
6
State Street Health Care Select Sector SPDR ETF
XLV
$42.1B
| $310M | 5.46% |
2,259,631
+1,551,290
| +219% | +$205M |
|
7
State Street Financial Select Sector SPDR ETF
XLF
$55.6B
| $307M | 5.42% |
8,018,833
+155,010
| +2% | +$6.06M |
|
8
State Street Industrial Select Sector SPDR ETF
XLI
$33.9B
| $227M | 3.99% |
2,200,860
+75,221
| +4% | +$7.64M |
|
9
State Street Energy Select Sector SPDR ETF
XLE
$39.5B
| $216M | 3.8% |
5,641,098
-4,608
| -0.1% | -$160K |
|
10
iShares Russell 1000 ETF
IWB
$47.7B
| $204M | 3.6% |
817,716
+6,502
| +0.8% | +$1.61M |
|
11
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$45.8B
| $199M | 3.52% |
575,155
+25,391
| +5% | +$8.81M |
|
12
Vanguard Total Stock Market ETF
VTI
$654B
| $190M | 3.35% |
833,577
-805,231
| -49% | -$181M |
|
|
13
State Street Consumer Staples Select Sector SPDR ETF
XLP
$14.2B
| $159M | 2.8% |
+2,092,164
| New | +$158M |
|
14
State Street Real Estate Select Sector SPDR ETF
XLRE
$8.69B
| $115M | 2.02% |
2,370,240
+61,004
| +3% | +$2.86M |
|
15
Invesco S&P 500 Equal Weight ETF
RSP
$96.1B
| $114M | 2.02% |
725,567
-54,923
| -7% | -$8.56M |
|
16
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$21.4B
| $61.6M | 1.09% |
666,030
-1,942,226
| -74% | -$178M |
|
17
Apple
AAPL
$4.89T
| $43.2M | 0.76% |
247,661
-13,252
| -5% | -$2.23M |
|
18
Alphabet (Google) Class A
GOOGL
$3.91T
| $37.6M | 0.66% |
270,440
-7,500
| -3% | -$1.02M |
|
19
Broadcom
AVGO
$1.82T
| $36.8M | 0.65% |
584,960
+1,840
| +0.3% | +$109K |
|
20
Microsoft
MSFT
$2.84T
| $35.2M | 0.62% |
114,225
-3,160
| -3% | -$951K |
|
21
Chevron
CVX
$388B
| $34.6M | 0.61% |
212,449
+6,880
| +3% | +$987K |
|
22
Applied Materials
AMAT
$426B
| $34M | 0.6% |
258,192
-9,010
| -3% | -$1.24M |
|
23
Home Depot
HD
$332B
| $25.4M | 0.45% |
84,805
-864
| -1% | -$300K |
|
24
Amazon
AMZN
$2.5T
| $24.6M | 0.43% |
151,060
-96,480
| -39% | -$14.9M |
|
25
Oneok
OKE
$58.7B
| $21.9M | 0.39% |
309,961
+527
| +0.2% | +$33.7K |
|
Similar funds
CWM
CIA
AWS
FHA
MME
MC
NFC
WBA
Churchill Management's Q1 2022 Portfolio in Review
As of Q1 2022, Churchill Management held 170 positions worth $5.67B, down 21% from $7.18B the previous quarter. Its ten largest holdings account for 65% of the portfolio.
Churchill Management withdrew a net $1.36B in Q1 2022, closing 51 positions and reducing 42 holdings. Its most notable exit was iShares S&P 500 Growth ETF, an estimated $256M position sold in full.
By sector, the portfolio is most concentrated in Technology at 3.4% of assets, down from 4.8% a quarter earlier, followed by Industrials and Energy.
Against the trend, Churchill Management opened a new position in State Street Consumer Staples Select Sector SPDR ETF worth $159M.
- Churchill Management's largest Q1 2022 buy was State Street Consumer Staples Select Sector SPDR ETF: 2,092,164 shares worth $159M.
- Churchill Management added most to State Street SPDR S&P 500 ETF Trust in Q1 2022, an estimated $432M increase.
- Churchill Management's biggest Q1 2022 reduction was Invesco QQQ Trust, cutting an estimated $251M.
- Churchill Management fully exited iShares S&P 500 Growth ETF in Q1 2022, selling an estimated $256M.
- Churchill Management's ten largest holdings make up 65% of its $5.67B portfolio in Q1 2022.
- Churchill Management opened 28 new positions and closed 51 in Q1 2022.
- Churchill Management's portfolio value fell 21% quarter-over-quarter to $5.67B.
Based on Churchill Management's 13F filing for Q1 2022, filed 12 Apr 2022.