We are live on ! Find out more
FAM

Forty4 Asset Management Portfolio holdings

AUM $29.6M
1-Year Est. Return 5.85%
This Fund
S&P 500
This Quarter Est. Return
-6.9%
1 Year Est. Return
-5.85%
3 Year Est. Return
–
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$125M
AUM Growth
-$188M
Cap. Flow
-$167M
Cap. Flow %
-133.76%
Top 10 Hldgs %
87.23%
Holding
232
New
41
Increased
11
Reduced
24
Closed
151

Top Buys

Rank Stock Value
1
ONIT
Onity Group
ONIT
+$11M
2
ANR
Alpha Natural Resources Inc
ANR
+$8.88M
3
WLT
WALTER ENERGY INC COM STK (DE)
WLT
+$6.92M
4
ACI
ARCH COAL, INC.
ACI
+$2.78M
5
MS icon
Morgan Stanley
MS
+$1.97M

Top Sells

Rank Stock Value
1
TLT icon
iShares 20+ Year Treasury Bond ETF
TLT
+$29.6M
2
CEF icon
Sprott Physical Gold and Silver Trust
CEF
+$26.4M
3
SPY icon
State Street SPDR S&P 500 ETF Trust
SPY
+$21.3M
4
GTU
CENTRAL GOLD TR (CANADA)
GTU
+$18.8M
5
XLE icon
State Street Energy Select Sector SPDR ETF
XLE
+$13.8M

Sector Composition

Rank Sector Weight
1 Financials 10.87%
2 Energy 10.59%
3 Consumer Discretionary 0.9%
4 Communication Services 0.28%
5 Industrials 0.25%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
TLT icon
176
PUT
iShares 20+ Year Treasury Bond ETF
TLT
$41.6B
– –
-605,900
Closed -$933K
URBN icon
177
CALL
Urban Outfitters
URBN
$6.65B
– –
-11,600
Closed -$12K
USO icon
178
CALL
United States Oil Fund
USO
$1.86B
– –
-108,100
Closed -$370K
USO icon
179
United States Oil Fund
USO
$1.86B
– –
-2,375
Closed -$671K
USO icon
180
PUT
United States Oil Fund
USO
$1.86B
– –
-121,863
Closed -$483K
VALE icon
181
CALL
Vale
VALE
$62.6B
– –
-480,000
Closed -$161K
VALE icon
182
PUT
Vale
VALE
$62.6B
– –
-50,000
Closed -$39K
WFC icon
183
CALL
Wells Fargo
WFC
$265B
– –
-100,000
Closed -$270K
WFC icon
184
PUT
Wells Fargo
WFC
$265B
– –
-100,000
Closed -$45K
WMB icon
185
Williams Companies
WMB
$87.8B
– –
-9,200
Closed -$355K
X
186
CALL
DELISTED
US Steel
X
– –
-11,100
Closed -$67K
XLE icon
187
State Street Energy Select Sector SPDR ETF
XLE
$38.1B
– –
-312,600
Closed -$13.8M
XLK icon
188
State Street Technology Select Sector SPDR ETF
XLK
$122B
– –
-284,670
Closed -$5.09M
XOP icon
189
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.52B
– –
-9,050
Closed -$2.48M
XRT icon
190
State Street SPDR S&P Retail ETF
XRT
$323M
– –
-2,000
Closed -$88K
ERF
191
CALL
DELISTED
Enerplus Corporation
ERF
– –
-20,349
Closed -$10K
TTM
192
DELISTED
Tata Motors Limited
TTM
– –
-12,700
Closed -$401K
RSX
193
DELISTED
VanEck Russia ETF
RSX
– –
-2,718
Closed -$78K
RSX
194
PUT
DELISTED
VanEck Russia ETF
RSX
– –
-914,500
Closed -$24K
TWTR
195
DELISTED
Twitter, Inc.
TWTR
– –
-18,100
Closed -$1.15M
CTB
196
PUT
DELISTED
Cooper Tire & Rubber Co.
CTB
– –
-35,200
Closed -$7K
DNR
197
DELISTED
Denbury Resources, Inc.
DNR
– –
-18,796
Closed -$309K
DNR
198
PUT
DELISTED
Denbury Resources, Inc.
DNR
– –
-25,900
Closed -$50K
CHK
199
DELISTED
Chesapeake Energy Corporation
CHK
– –
-156
Closed -$803K
JCP
200
CALL
DELISTED
J.C. Penney Company, Inc.
JCP
– –
-577,800
Closed -$175K
6 7
8
9 10

Similar funds

HM
Hochschild Mining Lima, Peru $31.8M AUM 41.91% 1-Year Est. Return
EI
Enterprise Investors New York $34.9M AUM 3.5% 1-Year Est. Return
LCM
Levitt Capital Management Boca Raton, Florida $41.8M AUM 36.18% 1-Year Est. Return
GIA
Global Index Advisors Marietta, Georgia $15.8M AUM
SXM
SC X Management Menlo Park, California $8.03M AUM 1.64% 1-Year Est. Return
LFCM
Lane Five Capital Management Towson, Maryland $52.3M AUM 24.73% 1-Year Est. Return
KSC
Kendall Square Capital San Francisco, California $4.92M AUM 2.25% 1-Year Est. Return
TCM
Touradji Capital Management Boca Raton, Florida $2.74M AUM 52.72% 1-Year Est. Return

Forty4 Asset Management's Q1 2014 Portfolio in Review

As of Q1 2014, Forty4 Asset Management held 232 positions worth $125M, down 60% from $313M the previous quarter. Its ten largest holdings account for 87% of the portfolio.

Forty4 Asset Management withdrew a net $167M in Q1 2014, closing 151 positions and reducing 24 holdings. Its most notable exit was iShares 20+ Year Treasury Bond ETF, an estimated $29.6M position sold in full.

By sector, the portfolio is most concentrated in Financials at 11% of assets, up from 8.6% a quarter earlier, followed by Energy and Consumer Discretionary.

Against the trend, Forty4 Asset Management opened a new position in Onity Group worth $9.99M.

  • Forty4 Asset Management's largest Q1 2014 buy was Onity Group: 17,004 shares worth $9.99M.
  • Forty4 Asset Management added most to Alpha Natural Resources Inc in Q1 2014, an estimated $8.88M increase.
  • Forty4 Asset Management's biggest Q1 2014 reduction was Sprott Physical Gold and Silver Trust, cutting an estimated $26.4M.
  • Forty4 Asset Management fully exited iShares 20+ Year Treasury Bond ETF in Q1 2014, selling an estimated $29.6M.
  • Forty4 Asset Management's ten largest holdings make up 87% of its $125M portfolio in Q1 2014.
  • Forty4 Asset Management opened 41 new positions and closed 151 in Q1 2014.
  • Forty4 Asset Management's portfolio value fell 60% quarter-over-quarter to $125M.

Based on Forty4 Asset Management's 13F filing for Q1 2014, filed 8 May 2014.