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Cortland Advisers Portfolio holdings
AUM
$2.18B
1-Year Est. Return
8.82%
This Fund
S&P 500
This Quarter
Est. Return
+3.95%
1 Year Est. Return
+8.82%
3 Year Est. Return
+40.54%
5 Year Est. Return
+42.79%
10 Year Est. Return
–
AUM
$4.61B
AUM Growth
+$147M
(+3.3%)
Cap. Flow
-$18.1M
Cap. Flow
% of AUM
-0.39%
Top 10 Holdings %
Top 10 Hldgs %
55.06%
Holding
31
New
1
Increased
1
Reduced
2
Closed
1
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Verizon
VZ
|
+$146M |
| 2 |
Phillips 66
PSX
|
+$45.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
CHK
Chesapeake Energy Corporation
CHK
|
+$78.3M |
| 2 |
Blackrock
BLK
|
+$73.2M |
| 3 |
NFX
Newfield Exploration
NFX
|
+$58.8M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 49.52% |
| 2 | Energy | 43.97% |
| 3 | Communication Services | 3.04% |
| 4 | Utilities | 2.47% |
| 5 | Real Estate | 0.99% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
Affiliated Managers Group
AMG
$9.78B
| $54.8M | 1.19% |
300,000
| – | – |
|
27
Extra Space Storage
EXR
$32.2B
| $45.7M | 0.99% |
1,000,000
| – | – |
|
|
CHK
28
DELISTED
Chesapeake Energy Corporation
CHK
| $43.3M | 0.94% |
8,846
-16,886
| -66% | -$78.3M |
|
29
ExxonMobil
XOM
$634B
| $34.4M | 0.75% |
400,000
| – | – |
|
|
NFX
30
DELISTED
Newfield Exploration
NFX
| $13.1M | 0.28% |
479,344
-2,347,262
| -83% | -$58.8M |
|
|
31
Blackrock
BLK
$170B
| – | – |
-285,000
| Closed | -$73.2M |
|
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Cortland Advisers's Q3 2013 Portfolio in Review
As of Q3 2013, Cortland Advisers held 31 positions worth $4.61B, up 3.3% from $4.47B the previous quarter. Its ten largest holdings account for 55% of the portfolio.
Cortland Advisers's Q3 2013 filing shows 1 new, 1 increased, 2 reduced and 1 closed positions. Its largest new stake was Verizon: 3,000,000 shares worth $140M. The largest sale was Chesapeake Energy Corporation, an estimated $78.3M.
By sector, the portfolio is most concentrated in Financials at 50% of assets, down from 51% a quarter earlier, followed by Energy and Communication Services.
- Cortland Advisers's largest Q3 2013 buy was Verizon: 3,000,000 shares worth $140M.
- Cortland Advisers added most to Phillips 66 in Q3 2013, an estimated $45.8M increase.
- Cortland Advisers's biggest Q3 2013 reduction was Chesapeake Energy Corporation, cutting an estimated $78.3M.
- Cortland Advisers fully exited Blackrock in Q3 2013, selling an estimated $73.2M.
- Cortland Advisers's ten largest holdings make up 55% of its $4.61B portfolio in Q3 2013.
- Cortland Advisers opened 1 new position and closed 1 in Q3 2013.
- Cortland Advisers's portfolio value rose 3.3% quarter-over-quarter to $4.61B.
Based on Cortland Advisers's 13F filing for Q3 2013, filed 13 Nov 2013.