Forty4 Asset Management Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Russell 2000 ETF
IWM
|
+$11M |
| 2 |
GTU
CENTRAL GOLD TR (CANADA)
GTU
|
+$9.69M |
| 3 |
Citigroup
C
|
+$8.63M |
| 4 |
VanEck Gold Miners ETF
GDX
|
+$8.11M |
| 5 |
Sprott Physical Gold and Silver Trust
CEF
|
+$8.07M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invesco QQQ Trust
QQQ
|
+$12.9M |
| 2 |
iShares MSCI Emerging Markets ETF
EEM
|
+$10.8M |
| 3 |
State Street Energy Select Sector SPDR ETF
XLE
|
+$8.32M |
| 4 |
State Street Materials Select Sector SPDR ETF
XLB
|
+$6.99M |
| 5 |
Alcoa
AA
|
+$6.56M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 19.48% |
| 2 | Consumer Discretionary | 5.24% |
| 3 | Energy | 3.54% |
| 4 | Healthcare | 3% |
| 5 | Materials | 2.32% |
Similar funds
Forty4 Asset Management's Q3 2013 Portfolio in Review
As of Q3 2013, Forty4 Asset Management held 551 positions worth $267M, down 6.7% from $286M the previous quarter. Its ten largest holdings account for 60% of the portfolio.
Forty4 Asset Management deployed $125M of net new capital in Q3 2013, opening 160 new positions and adding to 52 existing holdings. Its largest new stake was iShares Russell 2000 ETF: 106,500 shares worth $11.4M.
By sector, the portfolio is most concentrated in Financials at 19% of assets, up from 9.3% a quarter earlier, followed by Consumer Discretionary and Energy.
On the sell side, the largest reduction was State Street Energy Select Sector SPDR ETF, an estimated $8.32M trimmed.
- Forty4 Asset Management's largest Q3 2013 buy was iShares Russell 2000 ETF: 106,500 shares worth $11.4M.
- Forty4 Asset Management added most to CENTRAL GOLD TR (CANADA) in Q3 2013, an estimated $9.69M increase.
- Forty4 Asset Management's biggest Q3 2013 reduction was State Street Energy Select Sector SPDR ETF, cutting an estimated $8.32M.
- Forty4 Asset Management fully exited Invesco QQQ Trust in Q3 2013, selling an estimated $12.9M.
- Forty4 Asset Management's ten largest holdings make up 60% of its $267M portfolio in Q3 2013.
- Forty4 Asset Management opened 160 new positions and closed 277 in Q3 2013.
- Forty4 Asset Management's portfolio value fell 6.7% quarter-over-quarter to $267M.
Based on Forty4 Asset Management's 13F filing for Q3 2013, filed 12 Nov 2013.