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
-2.84%
1 Year Est. Return
+8.82%
3 Year Est. Return
+40.54%
5 Year Est. Return
+42.79%
10 Year Est. Return
–
AUM
$2.18B
AUM Growth
+$5.23M
(+0.24%)
Cap. Flow
+$81.5M
Cap. Flow
% of AUM
3.73%
Top 10 Holdings %
Top 10 Hldgs %
59.62%
Holding
32
New
1
Increased
6
Reduced
3
Closed
1
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Goldman Sachs
GS
|
+$38.9M |
| 2 |
Chevron
CVX
|
+$28.3M |
| 3 |
JPMorgan Chase
JPM
|
+$18M |
| 4 |
Bank of America
BAC
|
+$18M |
| 5 |
FRC
First Republic Bank
FRC
|
+$14.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
BNY
Bank of New York Mellon
BNY
|
+$35.2M |
| 2 |
Suncor Energy
SU
|
+$14.6M |
| 3 |
CME Group
CME
|
+$5.57M |
| 4 |
Simon Property Group
SPG
|
+$5.17M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 63.73% |
| 2 | Energy | 17.85% |
| 3 | Utilities | 10.09% |
| 4 | Real Estate | 6.02% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
Berkshire Hathaway Class B
BRK.B
$1.07T
| $168M | 7.7% |
842,799
| – | – |
|
|
2
JPMorgan Chase
JPM
$939B
| $157M | 7.21% |
1,431,250
+159,400
| +13% | +$18M |
|
3
Zions Bancorporation
ZION
$10.1B
| $155M | 7.11% |
2,943,807
| – | – |
|
|
4
Chevron
CVX
$388B
| $152M | 6.98% |
1,336,297
+236,500
| +22% | +$28.3M |
|
5
Wells Fargo
WFC
$261B
| $124M | 5.69% |
2,371,156
| – | – |
|
6
Kinder Morgan
KMI
$73.1B
| $124M | 5.66% |
8,205,613
| – | – |
|
|
7
Bank of America
BAC
$435B
| $121M | 5.55% |
4,037,123
+571,900
| +17% | +$18M |
|
|
BNY
8
Bank of New York Mellon
BNY
$108B
| $118M | 5.43% |
2,299,205
-632,500
| -22% | -$35.2M |
|
9
Royal Bank of Canada
RY
$291B
| $98.7M | 4.52% |
1,276,552
| – | – |
|
10
NextEra Energy
NEE
$187B
| $82.3M | 3.77% |
2,015,144
| – | – |
|
11
Intercontinental Exchange
ICE
$82.4B
| $78.6M | 3.6% |
1,084,305
| – | – |
|
12
Citigroup
C
$222B
| $76.9M | 3.52% |
1,139,524
| – | – |
|
13
Prologis
PLD
$138B
| $67M | 3.07% |
1,063,675
| – | – |
|
14
American Tower
AMT
$77.7B
| $64.4M | 2.95% |
443,292
| – | – |
|
|
15
CME Group
CME
$92.2B
| $61.1M | 2.8% |
377,888
-35,000
| -8% | -$5.57M |
|
16
Toronto Dominion Bank
TD
$198B
| $60.6M | 2.78% |
1,065,899
| – | – |
|
17
SLB Ltd
SLB
$77.8B
| $56.9M | 2.61% |
878,202
+185,100
| +27% | +$12.9M |
|
18
Southern Company
SO
$110B
| $55.4M | 2.54% |
1,240,714
| – | – |
|
19
US Bancorp
USB
$99.6B
| $52.6M | 2.41% |
1,041,527
| – | – |
|
|
FRC
20
DELISTED
First Republic Bank
FRC
| $50.5M | 2.31% |
544,965
+160,000
| +42% | +$14.8M |
|
21
Northern Trust
NTRS
$22.2B
| $45M | 2.06% |
436,122
| – | – |
|
|
22
Suncor Energy
SU
$77.7B
| $42.6M | 1.95% |
1,234,298
-418,000
| -25% | -$14.6M |
|
|
23
Goldman Sachs
GS
$313B
| $37.7M | 1.73% |
+149,600
| New | +$38.9M |
|
24
Aon
AON
$77.3B
| $27M | 1.24% |
192,109
| – | – |
|
25
Dominion Energy
D
$62.5B
| $24.2M | 1.11% |
358,529
+150,100
| +72% | +$11.1M |
|
Similar funds
CC
STMM
BA
GVI
RCM
GMI
AWM
TAM
Cortland Advisers's Q1 2018 Portfolio in Review
As of Q1 2018, Cortland Advisers held 32 positions worth $2.18B, up 0.24% from $2.18B the previous quarter. Its ten largest holdings account for 60% of the portfolio.
Cortland Advisers deployed $81.5M of net new capital in Q1 2018, opening 1 new position and adding to 6 existing holdings. Its largest new stake was Goldman Sachs: 149,600 shares worth $37.7M.
By sector, the portfolio is most concentrated in Financials at 64% of assets, up from 63% a quarter earlier, followed by Energy and Utilities.
On the sell side, the largest reduction was Bank of New York Mellon, an estimated $35.2M trimmed.
- Cortland Advisers's largest Q1 2018 buy was Goldman Sachs: 149,600 shares worth $37.7M.
- Cortland Advisers added most to Chevron in Q1 2018, an estimated $28.3M increase.
- Cortland Advisers's biggest Q1 2018 reduction was Bank of New York Mellon, cutting an estimated $35.2M.
- Cortland Advisers fully exited Simon Property Group in Q1 2018, selling an estimated $5.17M.
- Cortland Advisers's ten largest holdings make up 60% of its $2.18B portfolio in Q1 2018.
- Cortland Advisers opened 1 new position and closed 1 in Q1 2018.
- Cortland Advisers's portfolio value rose 0.24% quarter-over-quarter to $2.18B.
Based on Cortland Advisers's 13F filing for Q1 2018, filed 9 May 2018.