Fairbanks Capital Management Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
BIL
|
+$761K |
| 2 |
State Street SPDR Bloomberg 3-12 Month T-Bill ETF
BILS
|
+$485K |
| 3 |
TSMC
TSM
|
+$295K |
| 4 |
Valero Energy
VLO
|
+$237K |
| 5 |
Equifax
EFX
|
+$208K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Progressive
PGR
|
+$1.24M |
| 2 |
Broadcom
AVGO
|
+$1.02M |
| 3 |
TransDigm Group
TDG
|
+$642K |
| 4 |
Nexstar Media Group
NXST
|
+$387K |
| 5 |
Qualcomm
QCOM
|
+$312K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 23.99% |
| 2 | Industrials | 13.95% |
| 3 | Communication Services | 12.14% |
| 4 | Financials | 10.96% |
| 5 | Energy | 10.02% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
51
American Express
AXP
$230B
| $269K | 0.23% |
1,801
-340
| -16% | -$55.6K |
|
|
52
Valero Energy
VLO
$93.3B
| $256K | 0.22% |
+1,807
| New | +$237K |
|
53
Advanced Micro Devices
AMD
$774B
| $206K | 0.17% |
2,000
| – | – |
|
|
54
Progressive
PGR
$123B
| – | – |
-9,405
| Closed | -$1.24M |
|
55
Invesco QQQ Trust
QQQ
$478B
| – | – |
-615
| Closed | -$227K |
|
Similar funds
Fairbanks Capital Management's Q3 2023 Portfolio in Review
As of Q3 2023, Fairbanks Capital Management held 55 positions worth $119M, down 7.6% from $129M the previous quarter. Its ten largest holdings account for 50% of the portfolio.
Fairbanks Capital Management withdrew a net $5.06M in Q3 2023, closing 2 positions and reducing 42 holdings. Its most notable exit was Progressive, an estimated $1.24M position sold in full.
By sector, the portfolio is most concentrated in Technology at 24% of assets, down from 25% a quarter earlier, followed by Industrials and Communication Services.
Against the trend, Fairbanks Capital Management opened a new position in State Street SPDR Bloomberg 3-12 Month T-Bill ETF worth $486K.
- Fairbanks Capital Management's largest Q3 2023 buy was State Street SPDR Bloomberg 3-12 Month T-Bill ETF: 4,890 shares worth $486K.
- Fairbanks Capital Management added most to State Street SPDR Bloomberg 1-3 Month T-Bill ETF in Q3 2023, an estimated $761K increase.
- Fairbanks Capital Management's biggest Q3 2023 reduction was Broadcom, cutting an estimated $1.02M.
- Fairbanks Capital Management fully exited Progressive in Q3 2023, selling an estimated $1.24M.
- Fairbanks Capital Management's ten largest holdings make up 50% of its $119M portfolio in Q3 2023.
- Fairbanks Capital Management opened 2 new positions and closed 2 in Q3 2023.
- Fairbanks Capital Management's portfolio value fell 7.6% quarter-over-quarter to $119M.
Based on Fairbanks Capital Management's 13F filing for Q3 2023, filed 13 Nov 2023.