FNY Managed Accounts Portfolio holdings

FNY Managed Accounts's Q4 2015 Portfolio in Review

As of Q4 2015, FNY Managed Accounts held 524 positions worth $20.2M, down 43% from $35.7M the previous quarter. Its ten largest holdings account for 57% of the portfolio.

FNY Managed Accounts withdrew a net $14.7M in Q4 2015, closing 352 positions and reducing 27 holdings. Its most notable exit was Apollo Senior Floating Rate Fund Inc., an estimated $1.84M position sold in full.

By sector, the portfolio is most concentrated in Industrials at 31% of assets, up from 7.2% a quarter earlier, followed by Financials and Energy.

Against the trend, FNY Managed Accounts opened a new position in United Airlines worth $1.49M.

• FNY Managed Accounts's largest Q4 2015 buy was United Airlines: 26,000 shares worth $1.49M.
• FNY Managed Accounts added most to American Airlines Group in Q4 2015, an estimated $3.92M increase.
• FNY Managed Accounts's biggest Q4 2015 reduction was Guess Inc, cutting an estimated $452K.
• FNY Managed Accounts fully exited Apollo Senior Floating Rate Fund Inc. in Q4 2015, selling an estimated $1.84M.
• FNY Managed Accounts's ten largest holdings make up 57% of its $20.2M portfolio in Q4 2015.
• FNY Managed Accounts opened 110 new positions and closed 352 in Q4 2015.
• FNY Managed Accounts's portfolio value fell 43% quarter-over-quarter to $20.2M.

Based on FNY Managed Accounts's 13F filing for Q4 2015, filed 25 Jan 2016.