Element Capital Management Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street Energy Select Sector SPDR ETF
XLE
|
+$116M |
| 2 |
State Street Financial Select Sector SPDR ETF
XLF
|
+$22.6M |
| 3 |
State Street Technology Select Sector SPDR ETF
XLK
|
+$15M |
| 4 |
State Street Materials Select Sector SPDR ETF
XLB
|
+$8.93M |
| 5 |
CarMax
KMX
|
+$6.5M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street Consumer Staples Select Sector SPDR ETF
XLP
|
+$171M |
| 2 |
State Street Utilities Select Sector SPDR ETF
XLU
|
+$62.9M |
| 3 |
State Street Industrial Select Sector SPDR ETF
XLI
|
+$60.4M |
| 4 |
Thomson Reuters
TRI
|
+$15.5M |
| 5 |
RHT
Red Hat Inc
RHT
|
+$8.45M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 76.57% |
| 2 | Consumer Discretionary | 6.18% |
| 3 | Communication Services | 5.01% |
| 4 | Industrials | 3.37% |
| 5 | Materials | 2.6% |
Similar funds
Element Capital Management's Q3 2017 Portfolio in Review
As of Q3 2017, Element Capital Management held 149 positions worth $243M, down 51% from $494M the previous quarter. Its ten largest holdings account for 88% of the portfolio.
Element Capital Management withdrew a net $206M in Q3 2017, closing 84 positions and reducing 46 holdings. Its most notable exit was State Street Consumer Staples Select Sector SPDR ETF, an estimated $171M position sold in full.
By sector, the portfolio is most concentrated in Miscellaneous at 77% of assets, up from 74% a quarter earlier, followed by Consumer Discretionary and Communication Services.
Against the trend, Element Capital Management opened a new position in State Street Energy Select Sector SPDR ETF worth $122M.
- Element Capital Management's largest Q3 2017 buy was State Street Energy Select Sector SPDR ETF: 3,565,166 shares worth $122M.
- Element Capital Management added most to State Street Technology Select Sector SPDR ETF in Q3 2017, an estimated $15M increase.
- Element Capital Management's biggest Q3 2017 reduction was Thomson Reuters, cutting an estimated $15.5M.
- Element Capital Management fully exited State Street Consumer Staples Select Sector SPDR ETF in Q3 2017, selling an estimated $171M.
- Element Capital Management's ten largest holdings make up 88% of its $243M portfolio in Q3 2017.
- Element Capital Management opened 15 new positions and closed 84 in Q3 2017.
- Element Capital Management's portfolio value fell 51% quarter-over-quarter to $243M.
Based on Element Capital Management's 13F filing for Q3 2017, filed 13 Nov 2017.