We are live on ! Find out more
FM

Fondren Management Portfolio holdings

AUM $16.9M
1-Year Est. Return 5.82%
This Fund
S&P 500
This Quarter Est. Return
-37.14%
1 Year Est. Return
-5.82%
3 Year Est. Return
+14.2%
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$39.4M
AUM Growth
-$58.3M
Cap. Flow
-$28.7M
Cap. Flow %
-72.94%
Top 10 Hldgs %
51.4%
Holding
118
New
34
Increased
13
Reduced
18
Closed
48

Top Buys

Rank Stock Value
1
LDL
Lydall, Inc.
LDL
+$1.8M
2
QUMU
Qumu Corp.
QUMU
+$1.72M
3
IMMR icon
Immersion
IMMR
+$1.52M
4
TBRG
TruBridge
TBRG
+$1.08M
5
AMLP icon
Alerian MLP ETF
AMLP
+$847K

Top Sells

Rank Stock Value
1
CAI
CAI International, Inc.
CAI
+$6.67M
2
HWCC
Houston Wire & Cable Company
HWCC
+$2.2M
3
STRS icon
Stratus Properties
STRS
+$2M
4
ENZ
Enzo Biochem, Inc.
ENZ
+$1.91M
5
TTI icon
TETRA Technologies
TTI
+$1.82M

Sector Composition

Rank Sector Weight
1 Technology 18.97%
2 Consumer Discretionary 15.85%
3 Healthcare 14.65%
4 Energy 9.14%
5 Consumer Staples 7.56%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
ENZ
101
DELISTED
Enzo Biochem, Inc.
ENZ
– –
-727,000
Closed -$1.91M
VOXX
102
DELISTED
VOXX International Corporation Class A
VOXX
– –
-83,500
Closed -$366K
SCTL
103
DELISTED
Societal CDMO, Inc. Common Stock
SCTL
– –
-40,000
Closed -$733K
BVH
104
DELISTED
Bluegreen Vacations Holding Corporation
BVH
– –
-60,000
Closed -$1.43M
FRGI
105
DELISTED
Fiesta Restaurant Group, Inc.
FRGI
– –
-60,000
Closed -$593K
LOV
106
DELISTED
Spark Networks SE American Depositary Shares
LOV
– –
-90,000
Closed -$408K
PDCE
107
DELISTED
PDC Energy, Inc.
PDCE
– –
-30,000
Closed -$785K
VNTR
108
DELISTED
Venator Materials PLC
VNTR
– –
-165,000
Closed -$632K
HIL
109
DELISTED
Hill International, Inc. Common Stock
HIL
– –
-200,000
Closed -$632K
GCP
110
DELISTED
GCP Applied Technologies Inc.
GCP
– –
-15,000
Closed -$341K
CAI
111
DELISTED
CAI International, Inc.
CAI
– –
-230,000
Closed -$6.67M
SIC
112
DELISTED
Select Interior Concepts, Inc. Class A Common Stock
SIC
– –
-151,000
Closed -$1.36M
RLH
113
DELISTED
Red Lions Hotel Corporation
RLH
– –
-43,614
Closed -$163K
ZAGG
114
DELISTED
ZAGG Inc Common Stock (Delaware)
ZAGG
– –
-60,000
Closed -$487K
MR
115
DELISTED
Montage Resources Corporation Common Stock
MR
– –
-90,000
Closed -$715K
BFYT
116
DELISTED
Benefytt Technologies, Inc. Class A Common Stock
BFYT
– –
-25,000
Closed -$482K
CSS
117
DELISTED
CSS Industries, Inc.
CSS
– –
-370,000
Closed -$1.63M
PDLI
118
DELISTED
PDL BioPharma, Inc.
PDLI
– –
-225,000
Closed -$730K
1 2 3 4
5

Similar funds

PCM
Puissance Capital Management New York $17.3M AUM 149.36% 1-Year Est. Return
FP
FFL Partners San Francisco, California $16.1M AUM 46.91% 1-Year Est. Return
IAM
ICM Asset Management Spokane, Washington $18.1M AUM 30.29% 1-Year Est. Return
AF
AMG Funds Stamford, Connecticut $20M AUM 3.75% 1-Year Est. Return
NC
Numen Capital London, United Kingdom $13.5M AUM 47.6% 1-Year Est. Return
TCS
Texas Children's Houston, Texas $20.5M AUM 51.2% 1-Year Est. Return
JJ
JDC-JSC New York $20.8M AUM 30.94% 1-Year Est. Return
PCM
Proxima Capital Management New York $21M AUM 3.49% 1-Year Est. Return

Fondren Management's Q1 2020 Portfolio in Review

As of Q1 2020, Fondren Management held 118 positions worth $39.4M, down 60% from $97.7M the previous quarter. Its ten largest holdings account for 51% of the portfolio.

Fondren Management withdrew a net $28.7M in Q1 2020, closing 48 positions and reducing 18 holdings. Its most notable exit was CAI International, Inc., an estimated $6.67M position sold in full.

By sector, the portfolio is most concentrated in Technology at 19% of assets, up from 6.9% a quarter earlier, followed by Consumer Discretionary and Healthcare.

Against the trend, Fondren Management opened a new position in Lydall, Inc. worth $711K.

  • Fondren Management's largest Q1 2020 buy was Lydall, Inc.: 110,000 shares worth $711K.
  • Fondren Management added most to Immersion in Q1 2020, an estimated $1.52M increase.
  • Fondren Management's biggest Q1 2020 reduction was Houston Wire & Cable Company, cutting an estimated $2.2M.
  • Fondren Management fully exited CAI International, Inc. in Q1 2020, selling an estimated $6.67M.
  • Fondren Management's ten largest holdings make up 51% of its $39.4M portfolio in Q1 2020.
  • Fondren Management opened 34 new positions and closed 48 in Q1 2020.
  • Fondren Management's portfolio value fell 60% quarter-over-quarter to $39.4M.

Based on Fondren Management's 13F filing for Q1 2020, filed 15 May 2020.