We are live on ! Find out more
FA

Financial Advantage Portfolio holdings

AUM $65.2M
1-Year Est. Return 14.55%
This Fund
S&P 500
This Quarter Est. Return
+0.54%
1 Year Est. Return
+14.55%
3 Year Est. Return
+24.33%
5 Year Est. Return
+44.26%
10 Year Est. Return
+126.02%
AUM
$103M
AUM Growth
-$15.6M
Cap. Flow
-$15.4M
Cap. Flow %
-15.05%
Top 10 Hldgs %
61.83%
Holding
240
New
6
Increased
4
Reduced
53
Closed
107

Top Buys

Rank Stock Value
1
BXMT icon
Blackstone Mortgage Trust
BXMT
+$3.04M
2
VTI icon
Vanguard Total Stock Market ETF
VTI
+$883K
3
SO icon
Southern Company
SO
+$312K
4
VIG icon
Vanguard Dividend Appreciation ETF
VIG
+$59K
5
IVOG icon
Vanguard S&P Mid-Cap 400 Growth ETF
IVOG
+$49.5K

Top Sells

Rank Stock Value
1
PCL
PLUM CREEK TIMBER CO (REIT)
PCL
+$3.47M
2
GLD icon
SPDR Gold Trust
GLD
+$2.36M
3
DVN icon
Devon Energy
DVN
+$2.21M
4
UNH icon
UnitedHealth
UNH
+$972K
5
KMR
KINDER MORGAN MANAGEMENT LLC
KMR
+$769K

Sector Composition

Rank Sector Weight
1 Financials 12.49%
2 Energy 11.6%
3 Communication Services 9.63%
4 Real Estate 7.47%
5 Healthcare 7.11%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
CSI
226
DELISTED
Cutwater Select Income Fund
CSI
– –
-19
Closed –
EMC
227
DELISTED
EMC CORPORATION
EMC
– –
-400
Closed -$10K
LINE
228
DELISTED
LINN ENERGY LLC COM UTS REP LTD LIABILITY CO INTS
LINE
– –
-600
Closed -$18K
ALU
229
DELISTED
Alcatel-Lucent
ALU
– –
-97
Closed –
RBY
230
DELISTED
RUBICON MENERALS CORP (F)
RBY
– –
-1,700
Closed -$1K
UIL
231
DELISTED
UIL HOLDINGS
UIL
– –
-200
Closed -$8K
HME
232
DELISTED
HOME PROPERTIES, INC
HME
– –
-150
Closed -$8K
SVLC
233
DELISTED
SILVERCREST MINES INC ORD SHS (CDA)
SVLC
– –
-300
Closed -$1K
AOI
234
DELISTED
Alliance One International
AOI
– –
-42
Closed -$1K
BTF
235
DELISTED
BOULDER TOTAL RETURN FD INC
BTF
– –
-2,000
Closed -$46K
ATVI
236
DELISTED
Activision Blizzard
ATVI
– –
-41
Closed -$1K
PNC.WS
237
DELISTED
PNC Financial Services Group Inc
PNC.WS
– –
-500
Closed -$9K
SSRI
238
DELISTED
Silver Standard Resources
SSRI
– –
-500
Closed -$3K
KMI.WS
239
DELISTED
Kinder Morgan Inc
KMI.WS
– –
-3,500
Closed -$14K
ETP
240
DELISTED
Energy Transfer Partners L.p.
ETP
– –
-260
Closed -$15K
6 7 8 9
10

Similar funds

MCMI
Matrix China Management IV Grand Cayman, Cayman Islands $64.3M AUM 53.64% 1-Year Est. Return
LCM
Lewis Capital Management Beverly Hills, California $64.2M AUM 18.3% 1-Year Est. Return
ACM
Antonetti Capital Management Naples, Florida $64M AUM 3.84% 1-Year Est. Return
GIM
Growth Interface Management Orlando, Florida $64M AUM 33.21% 1-Year Est. Return
AM
Anqa Management Sag Harbor, New York $66.5M AUM 36.45% 1-Year Est. Return
CCM
Community Capital Management Plantation, Florida $62.8M AUM 25.77% 1-Year Est. Return
CFAM
Coury Firm Asset Management Pittsburgh, Pennsylvania $62.6M AUM 16.77% 1-Year Est. Return
IVMX
Institutional Venture Management XIV Menlo Park, California $67.7M AUM 8.12% 1-Year Est. Return

Financial Advantage's Q1 2014 Portfolio in Review

As of Q1 2014, Financial Advantage held 240 positions worth $103M, down 13% from $118M the previous quarter. Its ten largest holdings account for 62% of the portfolio.

Financial Advantage withdrew a net $15.4M in Q1 2014, closing 107 positions and reducing 53 holdings. Its most notable exit was Devon Energy, an estimated $2.21M position sold in full.

By sector, the portfolio is most concentrated in Financials at 12% of assets, up from 12% a quarter earlier, followed by Energy and Communication Services.

Against the trend, Financial Advantage opened a new position in Blackstone Mortgage Trust worth $3.08M.

  • Financial Advantage's largest Q1 2014 buy was Blackstone Mortgage Trust: 107,179 shares worth $3.08M.
  • Financial Advantage added most to Southern Company in Q1 2014, an estimated $312K increase.
  • Financial Advantage's biggest Q1 2014 reduction was PLUM CREEK TIMBER CO (REIT), cutting an estimated $3.47M.
  • Financial Advantage fully exited Devon Energy in Q1 2014, selling an estimated $2.21M.
  • Financial Advantage's ten largest holdings make up 62% of its $103M portfolio in Q1 2014.
  • Financial Advantage opened 6 new positions and closed 107 in Q1 2014.
  • Financial Advantage's portfolio value fell 13% quarter-over-quarter to $103M.

Based on Financial Advantage's 13F filing for Q1 2014, filed 9 May 2014.