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FCM

Firsthand Capital Management Portfolio holdings

AUM $46.9M
1-Year Est. Return 114.33%
This Fund
S&P 500
This Quarter Est. Return
+10.22%
1 Year Est. Return
+114.33%
3 Year Est. Return
+154.35%
5 Year Est. Return
+87.81%
10 Year Est. Return
+1,826.13%
AUM
$191M
AUM Growth
-$27.6M
Cap. Flow
-$52.2M
Cap. Flow %
-27.32%
Top 10 Hldgs %
65.15%
Holding
59
New
2
Increased
–
Reduced
5
Closed
2

Top Buys

Rank Stock Value
1
INVN
Invensense Inc
INVN
+$2.83M
2
ICAD
iCAD Inc
ICAD
+$186K

Top Sells

Rank Stock Value
1
META icon
Meta Platforms (Facebook)
META
+$44M
2
GTAT
GT ADVANCED TECHNOLOGIES INC COM STK (DE)
GTAT
+$7.62M
3
AAPL icon
Apple
AAPL
+$982K
4
VMW
VMware, Inc
VMW
+$973K
5
IVAC
Intevac Inc
IVAC
+$948K

Sector Composition

Rank Sector Weight
1 Communication Services 44.21%
2 Technology 28.34%
3 Consumer Discretionary 3.37%
4 Industrials 3.21%
5 Real Estate 2.22%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
INTU icon
26
Intuit
INTU
$85.6B
$1.75M 0.92%
20,000
– –
EMC
27
DELISTED
EMC CORPORATION
EMC
$1.46M 0.77%
50,000
– –
PAY
28
DELISTED
Verifone Systems Inc
PAY
$1.38M 0.72%
40,000
– –
RAX
29
DELISTED
Rackspace Hosting Inc
RAX
$1.3M 0.68%
40,000
– –
GTAT
30
DELISTED
GT ADVANCED TECHNOLOGIES INC COM STK (DE)
GTAT
$1.16M 0.61%
106,900
-500,000
-82% -$7.62M
ROC
31
DELISTED
ROCKWOOD HLDGS INC
ROC
$994K 0.52%
13,000
– –
FSLR icon
32
First Solar
FSLR
$21.8B
$987K 0.52%
15,000
– –
FUEL
33
DELISTED
Rocket Fuel Inc.
FUEL
$948K 0.5%
60,000
– –
SUNE
34
DELISTED
SUNEDISON, INC COM
SUNE
$946K 0.5%
50,130
– –
SCTY
35
DELISTED
SolarCity Corporation
SCTY
$894K 0.47%
15,000
– –
SPWR
36
DELISTED
SunPower Corporation Common Stock
SPWR
$879K 0.46%
39,597
– –
POWI icon
37
Power Integrations
POWI
$3.3B
$852K 0.45%
31,598
– –
GOGO icon
38
Gogo Inc
GOGO
$550M
$843K 0.44%
50,000
– –
WOLF icon
39
Wolfspeed
WOLF
$1.14B
$819K 0.43%
20,000
– –
PX
40
DELISTED
Praxair Inc
PX
$697K 0.36%
5,400
– –
JCI icon
41
Johnson Controls International
JCI
$85.6B
$669K 0.35%
14,516
– –
ABB
42
DELISTED
ABB Ltd
ABB
$650K 0.34%
29,000
– –
HON icon
43
Honeywell
HON
$78.3B
$566K 0.3%
6,766
– –
MMM icon
44
3M
MMM
$94.1B
$468K 0.24%
3,947
– –
CVA
45
DELISTED
Covanta Holding Corporation
CVA
$424K 0.22%
20,000
– –
PWR icon
46
Quanta Services
PWR
$88.3B
$363K 0.19%
10,000
– –
PHG icon
47
Philips
PHG
$24.8B
$361K 0.19%
16,418
– –
ESE icon
48
ESCO Technologies
ESE
$8.18B
$348K 0.18%
10,000
– –
RTX icon
49
RTX Corp
RTX
$295B
$264K 0.14%
3,973
– –
JKS
50
JinkoSolar
JKS
$782M
$220K 0.12%
8,000
– –
1
2
3

Similar funds

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RRC
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EGI
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IPHI
Inflection Point Holdings II New York $47.3M AUM
MCMC
Matrix Capital Management Company Portsmouth, New Hampshire $46.3M AUM 114.38% 1-Year Est. Return
CM
Crestline Management Fort Worth, Texas $46.3M AUM 48.82% 1-Year Est. Return
RP
Regeneron Pharmaceuticals Tarrytown, New York $47.9M AUM 29.29% 1-Year Est. Return
PCM
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Firsthand Capital Management's Q3 2014 Portfolio in Review

As of Q3 2014, Firsthand Capital Management held 59 positions worth $191M, down 13% from $219M the previous quarter. Its ten largest holdings account for 65% of the portfolio.

Firsthand Capital Management withdrew a net $52.2M in Q3 2014, closing 2 positions and reducing 5 holdings. Its most notable exit was Ericsson, an estimated $483K position sold in full.

By sector, the portfolio is most concentrated in Communication Services at 44% of assets, down from 52% a quarter earlier, followed by Technology and Consumer Discretionary.

Against the trend, Firsthand Capital Management opened a new position in Invensense Inc worth $2.37M.

  • Firsthand Capital Management's largest Q3 2014 buy was Invensense Inc: 120,000 shares worth $2.37M.
  • Firsthand Capital Management's biggest Q3 2014 reduction was Meta Platforms (Facebook), cutting an estimated $44M.
  • Firsthand Capital Management fully exited Ericsson in Q3 2014, selling an estimated $483K.
  • Firsthand Capital Management's ten largest holdings make up 65% of its $191M portfolio in Q3 2014.
  • Firsthand Capital Management opened 2 new positions and closed 2 in Q3 2014.
  • Firsthand Capital Management's portfolio value fell 13% quarter-over-quarter to $191M.

Based on Firsthand Capital Management's 13F filing for Q3 2014, filed 12 Nov 2014.