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Fondren Management Portfolio holdings
AUM
$16.9M
1-Year Est. Return
5.82%
This Fund
S&P 500
This Quarter
Est. Return
+16.44%
1 Year Est. Return
-5.82%
3 Year Est. Return
+14.2%
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$131M
AUM Growth
+$51.6M
(+65%)
Cap. Flow
+$43.4M
Cap. Flow
% of AUM
33.26%
Top 10 Holdings %
Top 10 Hldgs %
48.37%
Holding
81
New
44
Increased
13
Reduced
7
Closed
6
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
World Kinect Corp
WKC
|
+$7.29M |
| 2 |
SMTA
Spirit MTA REIT Common Shares of Beneficial Interest
SMTA
|
+$5.43M |
| 3 |
Biglari Holdings Class B
BH
|
+$5.07M |
| 4 |
Magnolia Oil & Gas
MGY
|
+$2.92M |
| 5 |
DigitalBridge
DBRG
|
+$2.87M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
HTM
U.S. Geothermal Inc.
HTM
|
+$9.82M |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$3.29M |
| 3 |
JMBA
Jamba, Inc.
JMBA
|
+$1.31M |
| 4 |
BGC
General Cable Corporation
BGC
|
+$1.18M |
| 5 |
BVH
Bluegreen Vacations Holding Corporation
BVH
|
+$1.04M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Real Estate | 19.09% |
| 2 | Energy | 16.88% |
| 3 | Industrials | 15.47% |
| 4 | Consumer Discretionary | 11.33% |
| 5 | Technology | 9.53% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
76
State Street SPDR S&P 500 ETF Trust
SPY
$774B
| – | – |
-12,500
| Closed | -$3.29M |
|
|
LGF.A
77
DELISTED
Lions Gate Entertainment Corp. Class A Voting Shares
LGF.A
| – | – |
-25,000
| Closed | -$646K |
|
|
XELA
78
DELISTED
Exela Technologies, Inc. Common Stock
XELA
| – | – |
-8
| Closed | -$553K |
|
|
SHOS
79
DELISTED
Sears Hometown and Outlet Stores, Inc.
SHOS
| – | – |
-100,000
| Closed | -$300K |
|
|
BGC
80
DELISTED
General Cable Corporation
BGC
| – | – |
-40,000
| Closed | -$1.18M |
|
|
HTM
81
DELISTED
U.S. Geothermal Inc.
HTM
| – | – |
-1,831,875
| Closed | -$9.82M |
|
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Fondren Management's Q2 2018 Portfolio in Review
As of Q2 2018, Fondren Management held 81 positions worth $131M, up 65% from $79M the previous quarter. Its ten largest holdings account for 48% of the portfolio.
Fondren Management deployed $43.4M of net new capital in Q2 2018, opening 44 new positions and adding to 13 existing holdings. Its largest new stake was World Kinect Corp: 315,000 shares worth $6.43M.
By sector, the portfolio is most concentrated in Real Estate at 19% of assets, down from 25% a quarter earlier, followed by Energy and Industrials.
On the sell side, the largest reduction was Jamba, Inc., an estimated $1.31M trimmed.
- Fondren Management's largest Q2 2018 buy was World Kinect Corp: 315,000 shares worth $6.43M.
- Fondren Management added most to Harte-Hanks in Q2 2018, an estimated $1.22M increase.
- Fondren Management's biggest Q2 2018 reduction was Jamba, Inc., cutting an estimated $1.31M.
- Fondren Management fully exited U.S. Geothermal Inc. in Q2 2018, selling an estimated $9.82M.
- Fondren Management's ten largest holdings make up 48% of its $131M portfolio in Q2 2018.
- Fondren Management opened 44 new positions and closed 6 in Q2 2018.
- Fondren Management's portfolio value rose 65% quarter-over-quarter to $131M.
Based on Fondren Management's 13F filing for Q2 2018, filed 14 Aug 2018.