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
-11.22%
1 Year Est. Return
-5%
3 Year Est. Return
+57.07%
5 Year Est. Return
+61.48%
10 Year Est. Return
+413.35%
AUM
$605M
AUM Growth
-$180M
(-23%)
Cap. Flow
-$75.8M
Cap. Flow
% of AUM
-12.53%
Top 10 Holdings %
Top 10 Hldgs %
66.97%
Holding
63
New
6
Increased
7
Reduced
28
Closed
6
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
SPDR Gold Trust
GLD
|
+$12.6M |
| 2 |
Booking.com
BKNG
|
+$12.6M |
| 3 |
Union Pacific
UNP
|
+$387K |
| 4 |
Chevron
CVX
|
+$342K |
| 5 |
Emerson Electric
EMR
|
+$229K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Meta Platforms (Facebook)
META
|
+$18M |
| 2 |
PayPal
PYPL
|
+$8.37M |
| 3 |
Visa
V
|
+$8.19M |
| 4 |
Cigna
CI
|
+$8.01M |
| 5 |
Willis Towers Watson
WTW
|
+$7.25M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 28.4% |
| 2 | Healthcare | 21.27% |
| 3 | Communication Services | 11.23% |
| 4 | Technology | 8.85% |
| 5 | Industrials | 8.4% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Cigna
CI
$74.5B
| $63.7M | 10.53% |
241,656
-31,090
| -11% | -$8.01M |
|
|
2
Visa
V
$683B
| $61.3M | 10.13% |
311,151
-39,615
| -11% | -$8.19M |
|
3
Global Payments
GPN
$23.6B
| $49.8M | 8.22% |
449,665
-56,032
| -11% | -$7.09M |
|
|
4
Willis Towers Watson
WTW
$31.7B
| $44.6M | 7.37% |
225,977
-33,833
| -13% | -$7.25M |
|
5
Danaher
DHR
$137B
| $41.9M | 6.93% |
186,441
-25,182
| -12% | -$5.8M |
|
6
First Citizens BancShares
FCNCA
$25.3B
| $36.7M | 6.07% |
56,173
-7,759
| -12% | -$5.06M |
|
|
FISV
7
Fiserv Inc
FISV
$29B
| $36M | 5.95% |
404,301
-57,359
| -12% | -$5.56M |
|
8
Alphabet (Google) Class C
GOOG
$4.59T
| $25.1M | 4.14% |
229,200
-36,960
| -14% | -$4.37M |
|
9
Texas Pacific Land
TPL
$28B
| $23.1M | 3.82% |
139,842
-19,026
| -12% | -$3.11M |
|
|
10
Alphabet (Google) Class A
GOOGL
$4.62T
| $23.1M | 3.82% |
211,840
-17,360
| -8% | -$2.04M |
|
11
Franco-Nevada
FNV
$41.4B
| $20.9M | 3.45% |
158,479
-19,487
| -11% | -$2.88M |
|
|
12
Meta Platforms (Facebook)
META
$1.5T
| $19.8M | 3.27% |
122,773
-93,405
| -43% | -$18M |
|
13
Centene
CNC
$31.7B
| $19.2M | 3.17% |
226,682
-30,410
| -12% | -$2.53M |
|
|
14
PayPal
PYPL
$49.5B
| $14.5M | 2.4% |
207,753
-96,453
| -32% | -$8.37M |
|
15
JD.com
JD
$44.6B
| $13.3M | 2.19% |
206,741
-33,382
| -14% | -$1.93M |
|
16
Amazon
AMZN
$2.99T
| $12.3M | 2.04% |
116,044
-15,856
| -12% | -$1.98M |
|
|
17
SPDR Gold Trust
GLD
$132B
| $12.2M | 2.02% |
+72,425
| New | +$12.6M |
|
18
Intercontinental Exchange
ICE
$85.2B
| $12.1M | 2% |
128,598
-17,348
| -12% | -$1.85M |
|
19
Salesforce
CRM
$156B
| $10.9M | 1.8% |
66,139
-9,567
| -13% | -$1.69M |
|
|
20
Booking.com
BKNG
$151B
| $10.3M | 1.7% |
+147,075
| New | +$12.6M |
|
21
Alibaba
BABA
$309B
| $8.17M | 1.35% |
71,882
-11,553
| -14% | -$1.13M |
|
22
Apple
AAPL
$4.52T
| $4.36M | 0.72% |
31,867
+159
| +0.5% | +$24.1K |
|
23
Airbnb
ABNB
$89.4B
| $3.2M | 0.53% |
35,944
-5,020
| -12% | -$653K |
|
24
Idexx Laboratories
IDXX
$44.8B
| $2.29M | 0.38% |
6,533
-953
| -13% | -$389K |
|
25
Berkshire Hathaway Class B
BRK.B
$1.11T
| $2.06M | 0.34% |
7,555
-476
| -6% | -$149K |
|
Similar funds
CL
CPA
NMC
SSA
WC
CGIC
LCP
SAM
Cortland Associates's Q2 2022 Portfolio in Review
As of Q2 2022, Cortland Associates held 63 positions worth $605M, down 23% from $785M the previous quarter. Its ten largest holdings account for 67% of the portfolio.
Cortland Associates withdrew a net $75.8M in Q2 2022, closing 6 positions and reducing 28 holdings. Its most notable exit was US Ecology, Inc., an estimated $881K position sold in full.
By sector, the portfolio is most concentrated in Financials at 28% of assets, down from 31% a quarter earlier, followed by Healthcare and Communication Services.
Against the trend, Cortland Associates opened a new position in SPDR Gold Trust worth $12.2M.
- Cortland Associates's largest Q2 2022 buy was SPDR Gold Trust: 72,425 shares worth $12.2M.
- Cortland Associates added most to Union Pacific in Q2 2022, an estimated $387K increase.
- Cortland Associates's biggest Q2 2022 reduction was Meta Platforms (Facebook), cutting an estimated $18M.
- Cortland Associates fully exited US Ecology, Inc. in Q2 2022, selling an estimated $881K.
- Cortland Associates's ten largest holdings make up 67% of its $605M portfolio in Q2 2022.
- Cortland Associates opened 6 new positions and closed 6 in Q2 2022.
- Cortland Associates's portfolio value fell 23% quarter-over-quarter to $605M.
Based on Cortland Associates's 13F filing for Q2 2022, filed 22 Jul 2022.