Coronation Fund Managers Portfolio holdings
Coronation Fund Managers is a South African asset manager that began in Cape Town in 1993 as an independent firm with no tied distribution channels. It follows a long-term, valuation-driven approach and runs multi-asset, equity, fixed income and hedge funds across developed and emerging markets. Coronation opened offices in Dublin in 1998 and London in 1999, and listed on the Johannesburg Stock Exchange in 2003. It was involved in launching Namibia Asset Management in 1996 and Kagiso Asset Management, since renamed Camissa Asset Management, in 2001. Its clients include pension funds, family offices and individual investors.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
TSMC
TSM
|
+$67.2M |
| 2 |
Noah Holdings
NOAH
|
+$35.5M |
| 3 |
TTM
Tata Motors Limited
TTM
|
+$35.3M |
| 4 |
Bath & Body Works
BBWI
|
+$27.8M |
| 5 |
Advance Auto Parts
AAP
|
+$16.7M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Baidu
BIDU
|
+$90.7M |
| 2 |
Liberty Latin America Class C
LILAK
|
+$39.5M |
| 3 |
Trip.com Group
TCOM
|
+$37.7M |
| 4 |
Philip Morris
PM
|
+$31M |
| 5 |
Credicorp
BAP
|
+$27.9M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 40.91% |
| 2 | Communication Services | 25.26% |
| 3 | Financials | 15.12% |
| 4 | Technology | 8.58% |
| 5 | Healthcare | 4.68% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1
JD.com
JD
$38.2B
| $340M | 10.15% |
8,899,810
-231,605
| -3% | -$9.9M |
2016 Q2
5 quarters
|
|
|
WUBA
2
DELISTED
58.com Inc
WUBA
| $264M | 7.87% |
4,174,403
-217,482
| -5% | -$12.4M |
2016 Q2
5 quarters
|
|
|
3
Baidu
BIDU
$27.1B
| $227M | 6.78% |
916,672
-415,833
| -31% | -$90.7M |
2016 Q2
5 quarters
|
|
|
TTM
4
DELISTED
Tata Motors Limited
TTM
| $206M | 6.15% |
6,591,244
+1,096,397
| +20% | +$35.3M |
2016 Q2
5 quarters
|
|
5
Yum! Brands
YUM
$43.2B
| $165M | 4.91% |
2,236,924
+67,689
| +3% | +$5.09M |
2016 Q2
5 quarters
|
|
|
6
TSMC
TSM
$2.06T
| $161M | 4.79% |
4,274,542
+1,838,749
| +75% | +$67.2M |
2016 Q2
5 quarters
|
|
7
Nike
NKE
$57.4B
| $147M | 4.38% |
2,832,797
+178,971
| +7% | +$10M |
2016 Q4
3 quarters
|
|
8
Visa
V
$789B
| $143M | 4.27% |
1,360,243
-22,289
| -2% | -$2.26M |
2016 Q2
5 quarters
|
|
9
Melco Resorts & Entertainment
MLCO
$1.6B
| $107M | 3.18% |
4,415,781
-4,598
| -0.1% | -$100K |
2016 Q2
5 quarters
|
|
10
Alibaba
BABA
$256B
| $73.9M | 2.2% |
427,689
-156,417
| -27% | -$25.4M |
2017 Q2
1 quarter
|
|
11
Alphabet (Google) Class A
GOOGL
$3.53T
| $71.7M | 2.14% |
1,472,060
+23,920
| +2% | +$1.13M |
2016 Q2
5 quarters
|
|
|
12
Bath & Body Works
BBWI
$4.37B
| $68.1M | 2.03% |
2,024,015
+829,371
| +69% | +$27.8M |
2016 Q2
5 quarters
|
|
13
Meta Platforms (Facebook)
META
$1.64T
| $67.2M | 2.01% |
393,147
-30,079
| -7% | -$5.02M |
2016 Q2
5 quarters
|
|
14
Blackstone
BX
$98.1B
| $67.1M | 2% |
2,009,814
-54,411
| -3% | -$1.79M |
2016 Q2
5 quarters
|
|
15
Cognizant
CTSH
$28.4B
| $63.8M | 1.9% |
879,007
-27,699
| -3% | -$1.95M |
2016 Q2
5 quarters
|
|
|
16
Trip.com Group
TCOM
$27.8B
| $62.4M | 1.86% |
1,183,566
-694,654
| -37% | -$37.7M |
2016 Q2
5 quarters
|
|
17
Yum China
YUMC
$16.8B
| $60M | 1.79% |
1,501,156
-54,347
| -3% | -$2.03M |
2016 Q4
3 quarters
|
|
18
KKR & Co
KKR
$87.9B
| $58.5M | 1.75% |
2,878,659
+269,718
| +10% | +$5.12M |
2016 Q2
5 quarters
|
|
19
Amazon
AMZN
$2.93T
| $57.9M | 1.73% |
1,203,600
+18,900
| +2% | +$928K |
2016 Q2
5 quarters
|
|
20
DELISTED
Walgreens Boots Alliance
WBA
| $57.5M | 1.72% |
744,834
+813
| +0.1% | +$65.1K |
2016 Q2
5 quarters
|
|
|
21
Liberty Latin America Class C
LILAK
$1.74B
| $53.9M | 1.61% |
2,701,017
-1,847,003
| -41% | -$39.5M |
2016 Q3
4 quarters
|
|
22
Charter Communications
CHTR
$15.3B
| $49.7M | 1.48% |
136,653
-16,488
| -11% | -$6.14M |
2016 Q2
5 quarters
|
|
23
Booking.com
BKNG
$118B
| $43.8M | 1.31% |
598,725
+59,925
| +11% | +$4.55M |
2016 Q2
5 quarters
|
|
|
24
Noah Holdings
NOAH
$458M
| $40.5M | 1.21% |
1,260,678
+1,163,956
| +1,203% | +$35.5M |
2017 Q2
1 quarter
|
|
25
CVS Health
CVS
$109B
| $39M | 1.17% |
480,176
-11,886
| -2% | -$940K |
2016 Q2
5 quarters
|
|
Similar funds
Coronation Fund Managers's Q3 2017 Portfolio in Review
As of Q3 2017, Coronation Fund Managers held 85 positions worth $3.35B, up 3.2% from $3.25B the previous quarter. Its ten largest holdings account for 55% of the portfolio.
Coronation Fund Managers withdrew a net $105M in Q3 2017, closing 11 positions and reducing 32 holdings. Its most notable exit was Philip Morris, an estimated $31M position sold in full.
By sector, the portfolio is most concentrated in Consumer Discretionary at 41% of assets, down from 43% a quarter earlier, followed by Communication Services and Financials.
Against the trend, Coronation Fund Managers opened a new position in Advance Auto Parts worth $16.4M.
- Coronation Fund Managers's largest Q3 2017 buy was Advance Auto Parts: 165,654 shares worth $16.4M.
- Coronation Fund Managers added most to TSMC in Q3 2017, an estimated $67.2M increase.
- Coronation Fund Managers's biggest Q3 2017 reduction was Baidu, cutting an estimated $90.7M.
- Coronation Fund Managers fully exited Philip Morris in Q3 2017, selling an estimated $31M.
- Coronation Fund Managers's ten largest holdings make up 55% of its $3.35B portfolio in Q3 2017.
- Coronation Fund Managers opened 6 new positions and closed 11 in Q3 2017.
- Coronation Fund Managers's portfolio value rose 3.2% quarter-over-quarter to $3.35B.
Based on Coronation Fund Managers's 13F filing for Q3 2017, filed 14 Nov 2017.