We are live on
!
Find out more
EGM
Espalier Global Management Portfolio holdings
AUM
$308M
1-Year Est. Return
14.19%
This Fund
S&P 500
This Quarter
Est. Return
+5.03%
1 Year Est. Return
+14.19%
3 Year Est. Return
+97.16%
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$1.29B
AUM Growth
-$499M
(-28%)
Cap. Flow
-$590M
Cap. Flow
% of AUM
-45.68%
Top 10 Holdings %
Top 10 Hldgs %
46.33%
Holding
159
New
60
Increased
12
Reduced
17
Closed
64
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$36.3M |
| 2 |
Microsoft
MSFT
|
+$22.3M |
| 3 |
TWTR
Twitter, Inc.
TWTR
|
+$18M |
| 4 |
Cisco
CSCO
|
+$14.9M |
| 5 |
NetApp
NTAP
|
+$12.5M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alphabet (Google) Class C
GOOG
|
+$22.3M |
| 2 |
Check Point Software Technologies
CHKP
|
+$19.6M |
| 3 |
Citigroup
C
|
+$16.7M |
| 4 |
Wells Fargo
WFC
|
+$16.2M |
| 5 |
Goldman Sachs
GS
|
+$12.3M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 16.01% |
| 2 | Financials | 11.46% |
| 3 | Communication Services | 3.58% |
| 4 | Industrials | 3.01% |
| 5 | Consumer Discretionary | 3% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
51
CALL
Yelp
YELP
$1.38B
| $7.67M | 0.59% |
+100,000
| New | +$6.51M |
|
|
NAV
52
CALL
DELISTED
Navistar International
NAV
| $7.5M | 0.58% |
+200,000
| New | +$7.1M |
|
53
Veeco
VECO
$3.15B
| $7.45M | 0.58% |
+200,000
| New | +$7.14M |
|
|
SHLD
54
PUT
DELISTED
Sears Holding Corporation
SHLD
| $6.99M | 0.54% |
187,894
-10,845
| -5% | -$401K |
|
|
GTLS
55
DELISTED
Chart Industries
GTLS
| $6.21M | 0.48% |
+75,000
| New | +$5.68M |
|
|
OSG
56
Octave Specialty Group
OSG
$252M
| $6.14M | 0.48% |
225,000
+25,000
| +13% | +$725K |
|
|
GRMN
57
CALL
Garmin
GRMN
$46.9B
| $6.09M | 0.47% |
100,000
| – | – |
|
|
P
58
CALL
DELISTED
Pandora Media Inc
P
| $5.9M | 0.46% |
+200,000
| New | +$5.22M |
|
59
CALL
Revvity
RVTY
$12.3B
| $5.87M | 0.45% |
+125,400
| New | +$5.63M |
|
60
Gogo Inc
GOGO
$515M
| $5.87M | 0.45% |
300,000
| – | – |
|
61
CALL
Delta Air Lines
DAL
$55.9B
| $5.81M | 0.45% |
+150,000
| New | +$5.66M |
|
62
CALL
Franklin Resources
BEN
$16.9B
| $5.78M | 0.45% |
+100,000
| New | +$5.47M |
|
|
63
CALL
Veeco
VECO
$3.15B
| $5.59M | 0.43% |
+150,000
| New | +$5.36M |
|
|
MNK
64
DELISTED
MALLINCKRODT PUBLIC LIMITED COMPANY
MNK
| $5.43M | 0.42% |
+67,812
| New | +$4.91M |
|
|
SCHW
65
Charles Schwab
SCHW
$177B
| $5.39M | 0.42% |
200,000
-50,000
| -20% | -$1.31M |
|
66
Western Union
WU
$2.57B
| $5.2M | 0.4% |
+300,000
| New | +$4.85M |
|
67
CALL
Tapestry
TPR
$28.8B
| $5.13M | 0.4% |
+150,000
| New | +$6.44M |
|
68
CALL
Green Dot
GDOT
$753M
| $4.75M | 0.37% |
+250,000
| New | +$4.61M |
|
|
TRLA
69
CALL
DELISTED
TRULIA INC (DEL)
TRLA
| $4.74M | 0.37% |
+100,000
| New | +$3.68M |
|
70
Navient
NAVI
$774M
| $4.43M | 0.34% |
+250,000
| New | +$4.14M |
|
|
LVLT
71
CALL
DELISTED
Level 3 Communications Inc
LVLT
| $4.39M | 0.34% |
+100,000
| New | +$4.19M |
|
|
KING
72
DELISTED
KING DIGITAL ENTMT PLC ORD SHS (IRL)
KING
| $4.25M | 0.33% |
+206,800
| New | +$3.59M |
|
73
Micron Technology
MU
$1.04T
| $4.12M | 0.32% |
+125,000
| New | +$3.41M |
|
|
MOVE
74
CALL
DELISTED
MOVE INC COM STK NEW (DE)
MOVE
| $4M | 0.31% |
+270,500
| New | +$3.26M |
|
|
MM
75
DELISTED
MILLENNIAL MEDIA INC COM STK (DE)
MM
| $3.74M | 0.29% |
750,000
| – | – |
|
Similar funds
DCM
AFWA
EDRS
AT
ACM
MHAM
ZBI
TI
Espalier Global Management's Q2 2014 Portfolio in Review
As of Q2 2014, Espalier Global Management held 159 positions worth $1.29B, down 28% from $1.79B the previous quarter. Its ten largest holdings account for 46% of the portfolio.
Espalier Global Management withdrew a net $590M in Q2 2014, closing 64 positions and reducing 17 holdings. Its most notable exit was Alphabet (Google) Class C, an estimated $22.3M position sold in full.
By sector, the portfolio is most concentrated in Technology at 16% of assets, up from 8.7% a quarter earlier, followed by Financials and Communication Services.
Against the trend, Espalier Global Management opened a new position in Apple worth $39.6M.
- Espalier Global Management's largest Q2 2014 buy was Apple: 1,705,024 shares worth $39.6M.
- Espalier Global Management added most to Cisco in Q2 2014, an estimated $14.9M increase.
- Espalier Global Management's biggest Q2 2014 reduction was Delta Air Lines, cutting an estimated $5.66M.
- Espalier Global Management fully exited Alphabet (Google) Class C in Q2 2014, selling an estimated $22.3M.
- Espalier Global Management's ten largest holdings make up 46% of its $1.29B portfolio in Q2 2014.
- Espalier Global Management opened 60 new positions and closed 64 in Q2 2014.
- Espalier Global Management's portfolio value fell 28% quarter-over-quarter to $1.29B.
Based on Espalier Global Management's 13F filing for Q2 2014, filed 14 Aug 2014.