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 |
Philip Morris
PM
|
+$312M |
| 2 |
Alibaba
BABA
|
+$66.9M |
| 3 |
TSMC
TSM
|
+$63.4M |
| 4 |
Yum China
YUMC
|
+$55.2M |
| 5 |
AABA
Altaba Inc
AABA
|
+$47.9M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Comcast
CMCSA
|
+$60.2M |
| 2 |
JD.com
JD
|
+$60M |
| 3 |
Trip.com Group
TCOM
|
+$50.4M |
| 4 |
Yum! Brands
YUM
|
+$46.7M |
| 5 |
Nike
NKE
|
+$44.9M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 27.33% |
| 2 | Communication Services | 20.65% |
| 3 | Consumer Staples | 17.71% |
| 4 | Financials | 11.88% |
| 5 | Technology | 11.1% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
1
Philip Morris
PM
$310B
| $313M | 12.2% |
3,877,270
+3,681,882
| +1,884% | +$312M |
2018 Q1
1 quarter
|
|
|
2
JD.com
JD
$37.7B
| $217M | 8.44% |
5,562,346
-1,556,786
| -22% | -$60M |
2016 Q2
8 quarters
|
|
|
TTM
3
DELISTED
Tata Motors Limited
TTM
| $137M | 5.35% |
7,021,046
-515,326
| -7% | -$12.2M |
2016 Q2
8 quarters
|
|
|
WUBA
4
DELISTED
58.com Inc
WUBA
| $136M | 5.3% |
1,961,658
-536,920
| -21% | -$43.8M |
2016 Q2
8 quarters
|
|
5
Baidu
BIDU
$26.6B
| $135M | 5.26% |
554,995
-24,796
| -4% | -$6.17M |
2016 Q2
8 quarters
|
|
|
6
TSMC
TSM
$2.07T
| $133M | 5.18% |
3,635,524
+1,604,826
| +79% | +$63.4M |
2016 Q2
8 quarters
|
|
7
Alphabet (Google) Class A
GOOGL
$3.64T
| $84.8M | 3.31% |
1,502,540
-241,680
| -14% | -$13.1M |
2016 Q2
8 quarters
|
|
|
8
Trip.com Group
TCOM
$27.4B
| $80.7M | 3.15% |
1,694,513
-1,115,799
| -40% | -$50.4M |
2016 Q2
8 quarters
|
|
9
Cognizant
CTSH
$28.2B
| $79.9M | 3.12% |
1,011,992
+468,542
| +86% | +$36.8M |
2016 Q2
8 quarters
|
|
10
Fomento Económico Mexicano
FMX
$44.9B
| $79.4M | 3.09% |
904,357
+330,042
| +57% | +$29.1M |
2017 Q4
2 quarters
|
|
11
Noah Holdings
NOAH
$448M
| $77.6M | 3.03% |
1,488,621
-285,452
| -16% | -$16.1M |
2017 Q2
4 quarters
|
|
12
Visa
V
$794B
| $65.7M | 2.56% |
495,929
-90,195
| -15% | -$11.6M |
2016 Q2
8 quarters
|
|
13
Charter Communications
CHTR
$15.8B
| $65.6M | 2.56% |
223,821
-8,403
| -4% | -$2.41M |
2016 Q2
8 quarters
|
|
|
14
Alibaba
BABA
$235B
| $65.1M | 2.54% |
+350,744
| New | +$66.9M |
2018 Q2
0 quarters
|
|
15
Meta Platforms (Facebook)
META
$1.64T
| $56.8M | 2.21% |
292,303
-9,578
| -3% | -$1.73M |
2016 Q2
8 quarters
|
|
16
Blackstone
BX
$95B
| $55.5M | 2.16% |
1,724,041
-258,383
| -13% | -$8.22M |
2016 Q2
8 quarters
|
|
|
AABA
17
DELISTED
Altaba Inc
AABA
| $55.2M | 2.15% |
753,454
+640,303
| +566% | +$47.9M |
2017 Q4
2 quarters
|
|
|
18
Yum China
YUMC
$17.1B
| $53.6M | 2.09% |
+1,392,359
| New | +$55.2M |
2018 Q2
0 quarters
|
|
19
Bath & Body Works
BBWI
$4.31B
| $40.1M | 1.56% |
1,345,510
-525,404
| -28% | -$15.2M |
2016 Q2
8 quarters
|
|
20
Optimum Communications Inc
OPTU
$200M
| $36.1M | 1.41% |
2,118,604
+1,709,065
| +417% | +$31.5M |
2018 Q1
1 quarter
|
|
21
Simon Property Group
SPG
$75.1B
| $35.4M | 1.38% |
208,207
-6,439
| -3% | -$1.02M |
2016 Q4
6 quarters
|
|
|
AGN
22
DELISTED
Allergan plc
AGN
| $28.7M | 1.12% |
172,069
-55,273
| -24% | -$8.87M |
2016 Q2
8 quarters
|
|
|
23
Nike
NKE
$56.4B
| $27.7M | 1.08% |
347,821
-636,831
| -65% | -$44.9M |
2016 Q4
6 quarters
|
|
24
Amazon
AMZN
$2.88T
| $27.7M | 1.08% |
325,700
-131,300
| -29% | -$10.4M |
2016 Q2
8 quarters
|
|
25
Johnson Controls International
JCI
$83.6B
| $26.2M | 1.02% |
782,808
-86,670
| -10% | -$3.01M |
2017 Q1
5 quarters
|
|
Similar funds
Coronation Fund Managers's Q2 2018 Portfolio in Review
As of Q2 2018, Coronation Fund Managers held 72 positions worth $2.57B, up 2% from $2.52B the previous quarter. Its ten largest holdings account for 54% of the portfolio.
Coronation Fund Managers deployed $111M of net new capital in Q2 2018, opening 9 new positions and adding to 12 existing holdings. Its largest new stake was Alibaba: 350,744 shares worth $65.1M.
By sector, the portfolio is most concentrated in Consumer Discretionary at 27% of assets, down from 36% a quarter earlier, followed by Communication Services and Consumer Staples.
On the sell side, the largest reduction was JD.com, an estimated $60M trimmed.
- Coronation Fund Managers's largest Q2 2018 buy was Alibaba: 350,744 shares worth $65.1M.
- Coronation Fund Managers added most to Philip Morris in Q2 2018, an estimated $312M increase.
- Coronation Fund Managers's biggest Q2 2018 reduction was JD.com, cutting an estimated $60M.
- Coronation Fund Managers fully exited Comcast in Q2 2018, selling an estimated $60.2M.
- Coronation Fund Managers's ten largest holdings make up 54% of its $2.57B portfolio in Q2 2018.
- Coronation Fund Managers opened 9 new positions and closed 8 in Q2 2018.
- Coronation Fund Managers's portfolio value rose 2% quarter-over-quarter to $2.57B.
Based on Coronation Fund Managers's 13F filing for Q2 2018, filed 10 Aug 2018.