We are live on ! Find out more
FTCM

Fir Tree Capital Management Portfolio holdings

AUM $21.8M
1-Year Est. Return 1.61%
This Fund
S&P 500
This Quarter Est. Return
+4.95%
1 Year Est. Return
-1.61%
3 Year Est. Return
+17.29%
5 Year Est. Return
+41.7%
10 Year Est. Return
+54.64%
AUM
$7.01B
AUM Growth
-$2.58B
Cap. Flow
-$2.83B
Cap. Flow %
-40.39%
Top 10 Hldgs %
49.59%
Holding
93
New
9
Increased
8
Reduced
23
Closed
28

Top Buys

Rank Stock Value
1
AAP icon
Advance Auto Parts
AAP
+$240M
2
MET icon
MetLife
MET
+$213M
3
HCA icon
HCA Healthcare
HCA
+$77.2M
4
AGN
Allergan plc
AGN
+$61.5M
5
ARMK icon
Aramark
ARMK
+$52.4M

Top Sells

Rank Stock Value
1
WMB icon
Williams Companies
WMB
+$345M
2
ESRX
Express Scripts Holding Company
ESRX
+$314M
3
EBAY icon
eBay
EBAY
+$264M
4
AGN
Allergan Inc
AGN
+$257M
5
MSI icon
Motorola Solutions
MSI
+$195M

Sector Composition

Rank Sector Weight
1 Industrials 16.45%
2 Healthcare 14.7%
3 Energy 11.92%
4 Real Estate 11.82%
5 Financials 10.87%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
ZAIS
76
DELISTED
ZAIS Group Holdings, Inc.
ZAIS
– –
-1,215,000
Closed -$12.6M
CACG
77
DELISTED
CHART ACQUISITION CORP COM
CACG
– –
-675,000
Closed -$6.68M
CIT
78
DELISTED
CIT Group Inc.
CIT
– –
-736,039
Closed -$35.2M
AGN
79
DELISTED
Allergan Inc
AGN
– –
-1,210,000
Closed -$257M
PACD
80
DELISTED
Pacific Drilling S A
PACD
– –
-581,600
Closed -$27M
1 2 3
4

Similar funds

CSD
Clear Street Derivatives New York $12.4M AUM 1.7% 1-Year Est. Return
AVM
Altos Ventures Management Burlingame, California $11.7M AUM 182.72% 1-Year Est. Return
PC
Prysm Capital Princeton, New Jersey $10.6M AUM 2.38% 1-Year Est. Return
WHP
Washington Harbour Partners Arlington, Virginia $33.8M AUM 73.62% 1-Year Est. Return
ADIM
Alpha DNA Investment Management Columbia, Maryland $8.98M AUM 26.05% 1-Year Est. Return
CAWM
Capital A Wealth Management New Castle, Pennsylvania $8.94M AUM
AI
Allostery Investments Stamford, Connecticut $7.85M AUM
CP
Castalian Partners Excelsior, Minnesota $7.36M AUM

Fir Tree Capital Management's Q1 2015 Portfolio in Review

As of Q1 2015, Fir Tree Capital Management held 93 positions worth $7.01B, down 27% from $9.59B the previous quarter. Its ten largest holdings account for 50% of the portfolio.

Fir Tree Capital Management withdrew a net $2.83B in Q1 2015, closing 28 positions and reducing 23 holdings. Its most notable exit was Express Scripts Holding Company, an estimated $314M position sold in full.

By sector, the portfolio is most concentrated in Industrials at 16% of assets, up from 13% a quarter earlier, followed by Healthcare and Energy.

Against the trend, Fir Tree Capital Management opened a new position in Aramark worth $52.2M.

  • Fir Tree Capital Management's largest Q1 2015 buy was Aramark: 2,286,085 shares worth $52.2M.
  • Fir Tree Capital Management added most to Advance Auto Parts in Q1 2015, an estimated $240M increase.
  • Fir Tree Capital Management's biggest Q1 2015 reduction was Williams Companies, cutting an estimated $345M.
  • Fir Tree Capital Management fully exited Express Scripts Holding Company in Q1 2015, selling an estimated $314M.
  • Fir Tree Capital Management's ten largest holdings make up 50% of its $7.01B portfolio in Q1 2015.
  • Fir Tree Capital Management opened 9 new positions and closed 28 in Q1 2015.
  • Fir Tree Capital Management's portfolio value fell 27% quarter-over-quarter to $7.01B.

Based on Fir Tree Capital Management's 13F filing for Q1 2015, filed 15 May 2015.