We are live on
!
Find out more
CA
Cortland Advisers Portfolio holdings
AUM
$2.18B
1-Year Est. Return
8.82%
This Fund
S&P 500
This Quarter
Est. Return
-2.18%
1 Year Est. Return
+8.82%
3 Year Est. Return
+40.54%
5 Year Est. Return
+42.79%
10 Year Est. Return
–
AUM
$4.58B
AUM Growth
+$159M
(+3.6%)
Cap. Flow
+$265M
Cap. Flow
% of AUM
5.78%
Top 10 Holdings %
Top 10 Hldgs %
64.65%
Holding
31
New
7
Increased
2
Reduced
–
Closed
1
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
American Tower
AMT
|
+$194M |
| 2 |
PPL
PPL Corp
PPL
|
+$34.5M |
| 3 |
American Electric Power
AEP
|
+$23.7M |
| 4 |
Dominion Energy
D
|
+$22.3M |
| 5 |
Suncor Energy
SU
|
+$12.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
JPMorgan Chase
JPM
|
+$50.1M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 49.55% |
| 2 | Energy | 37.29% |
| 3 | Real Estate | 5.91% |
| 4 | Communication Services | 4.24% |
| 5 | Utilities | 3.01% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
Kinder Morgan
KMI
$73.1B
| $438M | 9.56% |
10,416,474
+2
| +0% | +$83 |
|
|
BNY
2
Bank of New York Mellon
BNY
$108B
| $364M | 7.94% |
9,050,000
| – | – |
|
3
Enterprise Products Partners
EPD
$83.8B
| $310M | 6.75% |
9,400,000
| – | – |
|
4
Wells Fargo
WFC
$261B
| $299M | 6.53% |
5,500,000
| – | – |
|
5
Berkshire Hathaway Class B
BRK.B
$1.07T
| $289M | 6.3% |
2,000,000
| – | – |
|
6
CME Group
CME
$92.2B
| $284M | 6.2% |
3,000,000
| – | – |
|
7
SLB Ltd
SLB
$77.8B
| $267M | 5.82% |
3,200,000
| – | – |
|
8
Chevron
CVX
$388B
| $262M | 5.73% |
2,500,000
| – | – |
|
9
State Street
STT
$50.9B
| $228M | 4.98% |
3,104,206
| – | – |
|
10
American International
AIG
$41.9B
| $222M | 4.84% |
4,052,602
| – | – |
|
11
Verizon
VZ
$194B
| $195M | 4.24% |
4,000,000
| – | – |
|
|
12
American Tower
AMT
$77.7B
| $188M | 4.11% |
+2,000,000
| New | +$194M |
|
13
US Bancorp
USB
$99.6B
| $175M | 3.81% |
4,000,000
| – | – |
|
|
14
Suncor Energy
SU
$77.7B
| $161M | 3.51% |
5,500,000
+430,000
| +8% | +$12.8M |
|
15
Zions Bancorporation
ZION
$10.1B
| $135M | 2.94% |
5,000,000
| – | – |
|
16
Phillips 66
PSX
$82.9B
| $115M | 2.51% |
1,464,724
| – | – |
|
17
Aon
AON
$77.3B
| $96.1M | 2.1% |
1,000,000
| – | – |
|
18
Intercontinental Exchange
ICE
$82.4B
| $93.3M | 2.04% |
2,000,000
| – | – |
|
19
Affiliated Managers Group
AMG
$9.46B
| $85.9M | 1.87% |
400,000
| – | – |
|
20
Crown Castle
CCI
$32.7B
| $82.5M | 1.8% |
1,000,000
| – | – |
|
21
ConocoPhillips
COP
$147B
| $56M | 1.22% |
900,000
| – | – |
|
|
SWN
22
DELISTED
Southwestern Energy Company
SWN
| $55.7M | 1.21% |
2,400,000
| – | – |
|
23
Southern Company
SO
$110B
| $44.3M | 0.97% |
1,000,000
| – | – |
|
24
ExxonMobil
XOM
$651B
| $34M | 0.74% |
400,000
| – | – |
|
|
PPL
25
PPL Corp
PPL
$27.3B
| $33.7M | 0.73% |
+1,073,653
| New | +$34.5M |
|
Similar funds
CC
STMM
BA
GVI
RCM
GMI
AWM
TAM
Cortland Advisers's Q1 2015 Portfolio in Review
As of Q1 2015, Cortland Advisers held 31 positions worth $4.58B, up 3.6% from $4.43B the previous quarter. Its ten largest holdings account for 65% of the portfolio.
Cortland Advisers deployed $265M of net new capital in Q1 2015, opening 7 new positions and adding to 2 existing holdings. Its largest new stake was American Tower: 2,000,000 shares worth $188M.
By sector, the portfolio is most concentrated in Financials at 50% of assets, down from 53% a quarter earlier, followed by Energy and Real Estate.
On the sell side, the most notable exit was JPMorgan Chase, an estimated $50.1M sold.
- Cortland Advisers's largest Q1 2015 buy was American Tower: 2,000,000 shares worth $188M.
- Cortland Advisers added most to Suncor Energy in Q1 2015, an estimated $12.8M increase.
- Cortland Advisers fully exited JPMorgan Chase in Q1 2015, selling an estimated $50.1M.
- Cortland Advisers's ten largest holdings make up 65% of its $4.58B portfolio in Q1 2015.
- Cortland Advisers opened 7 new positions and closed 1 in Q1 2015.
- Cortland Advisers's portfolio value rose 3.6% quarter-over-quarter to $4.58B.
Based on Cortland Advisers's 13F filing for Q1 2015, filed 12 May 2015.