We are live on ! Find out more
GL

Governors Lane Portfolio holdings

AUM $1.56B
1-Year Est. Return 30.42%
This Fund
S&P 500
This Quarter Est. Return
-1.59%
1 Year Est. Return
+30.42%
3 Year Est. Return
+140.68%
5 Year Est. Return
+205.89%
10 Year Est. Return
+1,160.61%
AUM
$750M
AUM Growth
-$525M
Cap. Flow
-$456M
Cap. Flow %
-60.83%
Top 10 Hldgs %
56.93%
Holding
78
New
16
Increased
2
Reduced
28
Closed
22

Top Buys

Rank Stock Value
1
AGN
Allergan plc
AGN
+$82.4M
2
DKNG icon
DraftKings
DKNG
+$29.5M
3
ADV icon
Advantage Solutions
ADV
+$24.2M
4
EXPCU
Experience Investment Corp. Unit
EXPCU
+$15M
5
ARKO icon
ARKO Corp
ARKO
+$13.9M

Top Sells

Rank Stock Value
1
RHT
Red Hat Inc
RHT
+$112M
2
AABA
Altaba Inc
AABA
+$103M
3
APC
Anadarko Petroleum
APC
+$88.7M
4
ASH icon
Ashland
ASH
+$33.4M
5
DEACU
Diamond Eagle Acquisition Corp. Unit
DEACU
+$30.2M

Sector Composition

Rank Sector Weight
1 Healthcare 32.05%
2 Consumer Discretionary 17.79%
3 Industrials 8.91%
4 Financials 6.69%
5 Communication Services 4.47%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
SKIL icon
26
Skillsoft
SKIL
$58.9M
$10M 1.34%
+50,000
New +$9.96M
ZAYO
27
DELISTED
Zayo Group Holdings, Inc.
ZAYO
$9.59M 1.28%
282,918
-145,184
-34% -$4.89M
TMUS icon
28
T-Mobile US
TMUS
$190B
$9.31M 1.24%
118,165
+46,368
+65% +$3.63M
HHH icon
29
Howard Hughes
HHH
$3.93B
$9.19M 1.22%
74,375
-3,251
-4% -$402K
WLH
30
DELISTED
WILLIAM LYON HOMES
WLH
$8.57M 1.14%
420,892
-95,290
-18% -$1.78M
CWEN icon
31
Clearway Energy Class C
CWEN
$5B
$8.22M 1.1%
450,503
-208,832
-32% -$3.7M
IMVT icon
32
Immunovant
IMVT
$8.23B
$8.21M 1.09%
+828,004
New +$8.17M
SPCE icon
33
Virgin Galactic
SPCE
$325M
$7.58M 1.01%
35,426
-114,574
-76% -$24M
PCG icon
34
PUT
PG&E
PCG
$47.2B
$6.16M 0.82%
+615,600
New +$9.31M
DRH icon
35
Diamondrock Hospitality Co
DRH
$2.64B
$4.33M 0.58%
422,382
-459,051
-52% -$4.53M
TMQ
36
Trilogy Metals
TMQ
$536M
$3.09M 0.41%
1,858,839
-80,443
-4% -$162K
CWEN.A
37
DELISTED
Clearway Energy Class A
CWEN.A
$2.57M 0.34%
148,419
-71,856
-33% -$1.21M
GSAH.WS
38
DELISTED
GS Acquisition Holdings Corp Warrants, each whole warrant exercisable for one share of Class A Commo
GSAH.WS
$1.69M 0.23%
1,191,483
-52,107
-4% -$70.2K
IPOA.WS
39
DELISTED
Social Capital Hedosophia Holdings Corp. Warrants, each whole warrant exercisable for one Class A Or
IPOA.WS
$1.15M 0.15%
461,799
-38,201
-8% -$70.3K
CPAAW
40
DELISTED
Conyers Park II Acquisition Corp. Warrant
CPAAW
$1.01M 0.13%
+609,750
New +$1.11M
DEACW
41
DELISTED
Diamond Eagle Acquisition Corp. Warrant
DEACW
$905K 0.12%
+999,999
New +$869K
CCH.WS
42
DELISTED
Collier Creek Holdings Warrants, each whole warrant exercisable for one Class A ordinary share at an
CCH.WS
$895K 0.12%
638,973
-27,693
-4% -$36.2K
GMHIW
43
DELISTED
Gores Metropoulos, Inc. Warrant
GMHIW
$815K 0.11%
639,037
-27,629
-4% -$37.2K
ARYAW
44
DELISTED
ARYA Sciences Acquisiton Corp. Warrant
ARYAW
$712K 0.09%
479,305
-20,695
-4% -$31.4K
HSACW
45
DELISTED
Health Sciences Acquisitions Corporation Warrants
HSACW
$696K 0.09%
+828,004
New +$754K
HYACW
46
DELISTED
Haymaker Acquisition Corp. II Warrant
HYACW
$670K 0.09%
+447,309
New +$566K
TPGH.WS
47
DELISTED
TPG Pace Holdings Corp. Warrants, each exercisable for one Class A Ordinary Share at an exercise pri
TPGH.WS
$597K 0.08%
346,349
-15,128
-4% -$24.3K
THWWW
48
DELISTED
Target Hospitality Corp. Warrant expiring 3/15/2024
THWWW
$553K 0.07%
578,756
-25,280
-4% -$33.8K
LOTZW
49
DELISTED
CarLotz, Inc. Warrant
LOTZW
$481K 0.06%
733,666
– –
CCX.WS
50
DELISTED
Churchill Capital Corp II Warrants, each exercisable for one share of Class A common stock at an exe
CCX.WS
$471K 0.06%
+319,373
New +$440K
1
2
3 4

Similar funds

FCM
Fernbridge Capital Management Los Angeles, California $1.56B AUM 12.38% 1-Year Est. Return
BFIM
Beese Fulmer Investment Management Canton, Ohio $1.56B AUM 26.01% 1-Year Est. Return
1WM
1900 Wealth Management San Antonio, Texas $1.56B AUM 14.13% 1-Year Est. Return
APF
Alaska Permanent Fund Juneau, Alaska $1.57B AUM 15.23% 1-Year Est. Return
AC
Avestar Capital New York $1.56B AUM 31.38% 1-Year Est. Return
FDCP
Foster Dykema Cabot & Partners Waltham, Massachusetts $1.57B AUM 20.41% 1-Year Est. Return
TNBTD
Trustmark National Bank Trust Department Jackson, Mississippi $1.56B AUM 16.53% 1-Year Est. Return
VWM
Valley Wealth Managers Paramus, New Jersey $1.55B AUM 28.47% 1-Year Est. Return

Governors Lane's Q3 2019 Portfolio in Review

As of Q3 2019, Governors Lane held 78 positions worth $750M, down 41% from $1.28B the previous quarter. Its ten largest holdings account for 57% of the portfolio.

Governors Lane withdrew a net $456M in Q3 2019, closing 22 positions and reducing 28 holdings. Its most notable exit was Red Hat Inc, an estimated $112M position sold in full.

By sector, the portfolio is most concentrated in Healthcare at 32% of assets, up from 15% a quarter earlier, followed by Consumer Discretionary and Industrials.

Against the trend, Governors Lane opened a new position in Allergan plc worth $85.1M.

  • Governors Lane's largest Q3 2019 buy was Allergan plc: 505,513 shares worth $85.1M.
  • Governors Lane added most to PG&E in Q3 2019, an estimated $3.94M increase.
  • Governors Lane's biggest Q3 2019 reduction was Altaba Inc, cutting an estimated $103M.
  • Governors Lane fully exited Red Hat Inc in Q3 2019, selling an estimated $112M.
  • Governors Lane's ten largest holdings make up 57% of its $750M portfolio in Q3 2019.
  • Governors Lane opened 16 new positions and closed 22 in Q3 2019.
  • Governors Lane's portfolio value fell 41% quarter-over-quarter to $750M.

Based on Governors Lane's 13F filing for Q3 2019, filed 14 Nov 2019.