Decade Capital Management Portfolio holdings

Decade Capital Management's Q4 2014 Portfolio in Review

As of Q4 2014, Decade Capital Management held 188 positions worth $584M, down 32% from $853M the previous quarter. Its ten largest holdings account for 30% of the portfolio.

Decade Capital Management withdrew a net $304M in Q4 2014, closing 62 positions and reducing 35 holdings. Its most notable exit was St Jude Medical, an estimated $24.4M position sold in full.

By sector, the portfolio is most concentrated in Healthcare at 35% of assets, up from 30% a quarter earlier, followed by Financials and Real Estate.

Against the trend, Decade Capital Management opened a new position in Universal Health Services worth $22M.

• Decade Capital Management's largest Q4 2014 buy was Universal Health Services: 197,580 shares worth $22M.
• Decade Capital Management added most to FIRST NIAGARA FINANCIAL GROUP INC in Q4 2014, an estimated $10.6M increase.
• Decade Capital Management's biggest Q4 2014 reduction was Anadarko Petroleum, cutting an estimated $16.4M.
• Decade Capital Management fully exited St Jude Medical in Q4 2014, selling an estimated $24.4M.
• Decade Capital Management's ten largest holdings make up 30% of its $584M portfolio in Q4 2014.
• Decade Capital Management opened 54 new positions and closed 62 in Q4 2014.
• Decade Capital Management's portfolio value fell 32% quarter-over-quarter to $584M.

Based on Decade Capital Management's 13F filing for Q4 2014, filed 17 Feb 2015.