Commonwealth Opportunity Capital Portfolio holdings

Commonwealth Opportunity Capital's Q3 2015 Portfolio in Review

As of Q3 2015, Commonwealth Opportunity Capital held 39 positions worth $221M, down 37% from $354M the previous quarter. Its ten largest holdings account for 100% of the portfolio.

Commonwealth Opportunity Capital withdrew a net $95.7M in Q3 2015, closing 29 positions and reducing 1 holding. Its most notable exit was Raytheon Company, an estimated $18.2M position sold in full.

By sector, the portfolio is most concentrated in Communication Services at 0% of assets, down from 7.3% a quarter earlier, followed by Consumer Discretionary and Consumer Staples.

Against the trend, Commonwealth Opportunity Capital opened a new position in iShares MSCI Emerging Markets ETF worth $20.8M.

• Commonwealth Opportunity Capital's largest Q3 2015 buy was iShares MSCI Emerging Markets ETF: 635,689 shares worth $20.8M.
• Commonwealth Opportunity Capital's biggest Q3 2015 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $6.96M.
• Commonwealth Opportunity Capital fully exited Raytheon Company in Q3 2015, selling an estimated $18.2M.
• Commonwealth Opportunity Capital's ten largest holdings make up 100% of its $221M portfolio in Q3 2015.
• Commonwealth Opportunity Capital opened 6 new positions and closed 29 in Q3 2015.
• Commonwealth Opportunity Capital's portfolio value fell 37% quarter-over-quarter to $221M.

Based on Commonwealth Opportunity Capital's 13F filing for Q3 2015, filed 30 Oct 2015.