We are live on ! Find out more
CA

Cortland Associates Portfolio holdings

AUM $692M
1-Year Est. Return 5%
This Fund
S&P 500
This Quarter Est. Return
-11.9%
1 Year Est. Return
-5%
3 Year Est. Return
+57.07%
5 Year Est. Return
+61.48%
10 Year Est. Return
+413.35%
AUM
$533M
AUM Growth
-$174M
Cap. Flow
-$92.1M
Cap. Flow %
-17.28%
Top 10 Hldgs %
75.13%
Holding
61
New
2
Increased
6
Reduced
29
Closed
13

Top Buys

Rank Stock Value
1
GPN icon
Global Payments
GPN
+$28.1M
2
BDX icon
Becton Dickinson
BDX
+$27.1M
3
JD icon
JD.com
JD
+$18.1M
4
CI icon
Cigna
CI
+$1.58M
5
BLBD icon
Blue Bird Corp
BLBD
+$410K

Top Sells

Rank Stock Value
1
ICE icon
Intercontinental Exchange
ICE
+$34.3M
2
CVS icon
CVS Health
CVS
+$30.8M
3
V icon
Visa
V
+$20.9M
4
CTSH icon
Cognizant
CTSH
+$18.5M
5
CNC icon
Centene
CNC
+$18.1M

Sector Composition

Rank Sector Weight
1 Healthcare 32.86%
2 Financials 22.45%
3 Communication Services 21.03%
4 Consumer Discretionary 9.18%
5 Industrials 6.16%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
CSCO icon
26
Cisco
CSCO
$479B
$547K 0.1%
13,907
-5,604
-29% -$246K
MRK icon
27
Merck
MRK
$318B
$470K 0.09%
6,399
-56
-0.9% -$4.4K
IWB icon
28
iShares Russell 1000 ETF
IWB
$50.1B
$464K 0.09%
3,275
– –
IYY icon
29
iShares Dow Jones US ETF
IYY
$3.06B
$457K 0.09%
7,250
– –
XOM icon
30
ExxonMobil
XOM
$634B
$423K 0.08%
11,149
-16
-0.1% -$883
IVV icon
31
iShares Core S&P 500 ETF
IVV
$902B
$383K 0.07%
1,484
-817
-36% -$250K
BLBD icon
32
Blue Bird Corp
BLBD
$2.18B
$362K 0.07%
33,160
+22,500
+211% +$410K
IBM icon
33
IBM
IBM
$224B
$348K 0.07%
3,278
-12
-0.4% -$1.52K
CVS icon
34
CVS Health
CVS
$122B
$321K 0.06%
5,415
-460,781
-99% -$30.8M
K
35
DELISTED
Kellanova
K
$300K 0.06%
5,325
– –
PFE icon
36
Pfizer
PFE
$153B
$254K 0.05%
8,217
-35
-0.4% -$1.19K
FIS icon
37
Fidelity National Information Services
FIS
$22.1B
$249K 0.05%
2,049
– –
BN icon
38
Brookfield
BN
$108B
$235K 0.04%
14,874
-196
-1% -$4.03K
PBA icon
39
Pembina Pipeline
PBA
$27.6B
$225K 0.04%
11,939
– –
EFG icon
40
iShares MSCI EAFE Growth ETF
EFG
$17.3B
$224K 0.04%
3,150
– –
JNJ icon
41
Johnson & Johnson
JNJ
$625B
$217K 0.04%
1,654
-360
-18% -$51.1K
PEP icon
42
PepsiCo
PEP
$190B
$206K 0.04%
1,719
– –
DSKE
43
DELISTED
Daseke, Inc. Common Stock
DSKE
$48K 0.01%
34,564
– –
ABBV icon
44
AbbVie
ABBV
$435B
– –
-2,674
Closed -$237K
CAT icon
45
Caterpillar
CAT
$387B
– –
-1,417
Closed -$209K
CBOE icon
46
Cboe Global Markets
CBOE
$29.9B
– –
-2,203
Closed -$264K
CTAS icon
47
Cintas
CTAS
$81.3B
– –
-4,000
Closed -$269K
CTSH icon
48
Cognizant
CTSH
$26B
– –
-297,735
Closed -$18.5M
EMR icon
49
Emerson Electric
EMR
$88.3B
– –
-4,824
Closed -$368K
HD icon
50
Home Depot
HD
$355B
– –
-969
Closed -$212K
1
2
3

Similar funds

CL
CIM LLC Albany, New York $692M AUM 22.9% 1-Year Est. Return
CPA
Capital Planning Advisors Roseville, California $692M AUM 21.81% 1-Year Est. Return
WC
Wexford Capital West Palm Beach, Florida $690M AUM 57.88% 1-Year Est. Return
CGIC
Continental General Insurance Company Austin, Texas $693M AUM 90.58% 1-Year Est. Return
LCP
Larch Capital Partners Miami, Florida $690M AUM
SAM
Southernsun Asset Management Memphis, Tennessee $690M AUM 30.68% 1-Year Est. Return
MCM
Manchester Capital Management Manchester, Vermont $694M AUM 22.34% 1-Year Est. Return
PPI
Platinum Paramount Investment Nassau $689M AUM

Cortland Associates's Q1 2020 Portfolio in Review

As of Q1 2020, Cortland Associates held 61 positions worth $533M, down 25% from $707M the previous quarter. Its ten largest holdings account for 75% of the portfolio.

Cortland Associates withdrew a net $92.1M in Q1 2020, closing 13 positions and reducing 29 holdings. Its most notable exit was Cognizant, an estimated $18.5M position sold in full.

By sector, the portfolio is most concentrated in Healthcare at 33% of assets, up from 31% a quarter earlier, followed by Financials and Communication Services.

Against the trend, Cortland Associates opened a new position in Becton Dickinson worth $24.6M.

  • Cortland Associates's largest Q1 2020 buy was Becton Dickinson: 109,936 shares worth $24.6M.
  • Cortland Associates added most to Global Payments in Q1 2020, an estimated $28.1M increase.
  • Cortland Associates's biggest Q1 2020 reduction was Intercontinental Exchange, cutting an estimated $34.3M.
  • Cortland Associates fully exited Cognizant in Q1 2020, selling an estimated $18.5M.
  • Cortland Associates's ten largest holdings make up 75% of its $533M portfolio in Q1 2020.
  • Cortland Associates opened 2 new positions and closed 13 in Q1 2020.
  • Cortland Associates's portfolio value fell 25% quarter-over-quarter to $533M.

Based on Cortland Associates's 13F filing for Q1 2020, filed 30 Apr 2020.