We are live on !
Find out more
Endicott Management Portfolio holdings
AUM
$81.7M
Turnover
50%
1-Year Est. Return
36.01%
This Fund
S&P 500
This Quarter Est. Return
+9.41%
1 Year Est. Return
+36.01%
3 Year Est. Return
+228.98%
5 Year Est. Return
+218.45%
10 Year Est. Return
–
AUM
$175M
AUM Growth
-$18.4M
(-9.5%)
Cap. Flow
-$28M
Cap. Flow % of AUM
Cap. Flow %
-15.98%
Top 10 Holdings %
Top 10 Hldgs %
98.04%
Holding
33
New
2
Increased
–
Reduced
3
Closed
21
Avg Time Held
Equity + Options
2.1
years
Top 10 Avg Time Held
Equity + Options
1.4
years
Top 20 Avg Time Held
Equity + Options
2.1
years
Avg Time Held Equity only
2.1
years
Top 10 Avg Time Held Equity only
1.4
years
Top 20 Avg Time Held Equity only
2.1
years
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
NI Holdings
NODK
|
+$2.09M |
| 2 |
SmartFinancial
SMBK
|
+$1.15M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
The Bancorp
TBBK
|
+$5.14M |
| 2 |
Equity Bancshares
EQBK
|
+$4.72M |
| 3 |
TWX
Time Warner Inc
TWX
|
+$1.95M |
| 4 |
Conduent
CNDT
|
+$1.68M |
| 5 |
L3Harris
LHX
|
+$1.67M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 100% |
| 2 | Consumer Discretionary | 0% |
| 3 | Communication Services | 0% |
| 4 | Industrials | 0% |
| 5 | Real Estate | 0% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
WFBI
1
DELISTED
WashingtonFirst Bankshares Inc
WFBI
| $41.4M | 23.66% |
1,199,032
| – | – |
2013 Q2
16 quarters
|
|
2
Bankwell Financial Group
BWFG
$570M
| $21.5M | 12.31% |
689,676
| – | – |
2014 Q2
12 quarters
|
|
3
Banc of California
BANC
$2.82B
| $21.5M | 12.28% |
1,000,000
-70,000
| -7% | -$1.48M |
2013 Q3
15 quarters
|
|
4
QCR Holdings
QCRH
$1.68B
| $20.4M | 11.67% |
431,079
| – | – |
2015 Q2
8 quarters
|
|
5
DELISTED
First Foundation Inc
FFWM
| $18.8M | 10.73% |
1,143,304
| – | – |
2015 Q3
7 quarters
|
|
6
Peapack-Gladstone Financial
PGC
$816M
| $15.6M | 8.94% |
500,000
| – | – |
2016 Q1
5 quarters
|
|
7
Unity Bancorp
UNTY
$588M
| $11.4M | 6.49% |
660,635
| – | – |
2015 Q2
8 quarters
|
|
|
8
Equity Bancshares
EQBK
$1.01B
| $9.3M | 5.31% |
303,362
-152,652
| -33% | -$4.72M |
2015 Q4
6 quarters
|
|
9
DELISTED
Codorus Valley Bancorp Inc
CVLY
| $6.59M | 3.77% |
268,607
| – | – |
2015 Q4
6 quarters
|
|
|
10
The Bancorp
TBBK
$1.93B
| $5.02M | 2.87% |
662,983
-833,648
| -56% | -$5.14M |
2013 Q2
16 quarters
|
|
|
11
NI Holdings
NODK
$304M
| $2.24M | 1.28% |
+125,000
| New | +$2.09M |
2017 Q2
0 quarters
|
|
|
12
SmartFinancial
SMBK
$819M
| $1.2M | 0.69% |
+50,000
| New | +$1.15M |
2017 Q2
0 quarters
|
|
13
Bank of America
BAC
$349B
| – | – |
-40,000
| Closed | -$944K | – |
|
14
PUT
Bausch Health
BHC
$3.09B
| – | – |
-100,000
| Closed | -$1.1M | – |
|
15
Builders FirstSource
BLDR
$6.47B
| – | – |
-20,000
| Closed | -$298K | – |
|
16
CALL
Bristol-Myers Squibb
BMY
$127B
| – | – |
-10,000
| Closed | -$544K | – |
|
|
17
Bristol-Myers Squibb
BMY
$127B
| – | – |
-30,000
| Closed | -$1.63M | – |
|
|
18
Conduent
CNDT
$193M
| – | – |
-100,000
| Closed | -$1.68M | – |
|
19
CSX Corp
CSX
$96.6B
| – | – |
-45,000
| Closed | -$698K | – |
|
|
20
L3Harris
LHX
$50.6B
| – | – |
-15,000
| Closed | -$1.67M | – |
|
21
Magnachip Semiconductor
MX
$107M
| – | – |
-80,000
| Closed | -$764K | – |
|
22
NexPoint Residential Trust
NXRT
$392M
| – | – |
-17,000
| Closed | -$411K | – |
|
23
Planet Fitness
PLNT
$4.47B
| – | – |
-60,000
| Closed | -$1.16M | – |
|
24
PUT
State Street SPDR S&P 500 ETF Trust
SPY
$803B
| – | – |
-10,000
| Closed | -$2.36M | – |
|
25
Seritage Growth Properties
SRG
$86.7M
| – | – |
-10,000
| Closed | -$432K | – |
|
Similar funds
SCMU
LSC
TLCM
A
AAI
Endicott Management's Q2 2017 Portfolio in Review
As of Q2 2017, Endicott Management held 33 positions worth $175M, down 9.5% from $193M the previous quarter. Its ten largest holdings account for 98% of the portfolio.
Endicott Management withdrew a net $28M in Q2 2017, closing 21 positions and reducing 3 holdings. Its most notable exit was Time Warner Inc, an estimated $1.95M position sold in full.
By sector, the portfolio is most concentrated in Financials at 100% of assets, up from 89% a quarter earlier, followed by Consumer Discretionary and Communication Services.
Against the trend, Endicott Management opened a new position in NI Holdings worth $2.24M.
- Endicott Management's largest Q2 2017 buy was NI Holdings: 125,000 shares worth $2.24M.
- Endicott Management's biggest Q2 2017 reduction was The Bancorp, cutting an estimated $5.14M.
- Endicott Management fully exited Time Warner Inc in Q2 2017, selling an estimated $1.95M.
- Endicott Management's ten largest holdings make up 98% of its $175M portfolio in Q2 2017.
- Endicott Management opened 2 new positions and closed 21 in Q2 2017.
- Endicott Management's portfolio value fell 9.5% quarter-over-quarter to $175M.
Based on Endicott Management's 13F filing for Q2 2017, filed 14 Aug 2017.