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
+0.46%
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
$1.79B
AUM Growth
-$82.5M
Cap. Flow
-$73.6M
Cap. Flow %
-4.12%
Top 10 Hldgs %
44.12%
Holding
98
New
20
Increased
11
Reduced
11
Closed
19

Top Buys

Rank Stock Value
1
TMX
Terminix Global Holdings, Inc.
TMX
+$68.5M
2
AET
Aetna Inc
AET
+$49.2M
3
AABA
Altaba Inc
AABA
+$43.5M
4
TFCF
Twenty-First Century Fox, Inc. Class B
TFCF
+$41.5M
5
VRT icon
Vertiv
VRT
+$38M

Top Sells

Rank Stock Value
1
TFCFA
Twenty-First Century Fox, Inc. Class A
TFCFA
+$90.9M
2
CNDT icon
Conduent
CNDT
+$49.5M
3
GSAH.U
GS Acquisition Holdings Corp. Units, each consisting of one share of Class A common stock and one-th
GSAH.U
+$39.6M
4
PX
Praxair Inc
PX
+$37M
5
ILG
ILG, Inc Common Stock
ILG
+$35.2M

Sector Composition

Rank Sector Weight
1 Technology 20.59%
2 Financials 13.51%
3 Industrials 13.35%
4 Consumer Discretionary 12.15%
5 Real Estate 6.56%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
COTY icon
51
CALL
Coty
COTY
$2.49B
$8.79M 0.49%
+700,000
New +$9.06M
GPRE icon
52
Green Plains
GPRE
$1.15B
$7M 0.39%
+407,095
New +$6.97M
HRTX icon
53
CALL
Heron Therapeutics
HRTX
$90.9M
$6.33M 0.35%
+200,000
New +$7.45M
TMQ
54
Trilogy Metals
TMQ
$518M
$4.42M 0.25%
2,210,555
+17,555
+0.8% +$32.5K
MGY.WS
55
DELISTED
Magnolia Oil & Gas Corporation
MGY.WS
$3.12M 0.17%
+666,667
New +$2.6M
GSAH.WS
56
DELISTED
GS Acquisition Holdings Corp Warrants, each whole warrant exercisable for one share of Class A Commo
GSAH.WS
$2.1M 0.12%
+1,290,033
New +$2.34M
FSACW
57
DELISTED
Federal Street Acquisition Corp. Warrant
FSACW
$1.81M 0.1%
1,250,000
– –
GSHTW
58
DELISTED
Gores Holdings II, Inc. Warrants
GSHTW
$1.77M 0.1%
833,333
– –
DVA icon
59
DaVita
DVA
$15.3B
$1.55M 0.09%
+21,700
New +$1.53M
TPGH.WS
60
DELISTED
TPG Pace Holdings Corp. Warrants, each exercisable for one Class A Ordinary Share at an exercise pri
TPGH.WS
$1.31M 0.07%
750,000
– –
SCACW
61
DELISTED
Saban Capital Acquisition Corp. Warrants
SCACW
$1.23M 0.07%
1,000,000
– –
VEACW
62
DELISTED
Vantage Energy Acquisition Corp.
VEACW
$1.08M 0.06%
666,666
– –
HRTX icon
63
Heron Therapeutics
HRTX
$90.9M
$1.06M 0.06%
+33,600
New +$1.25M
GTYHW
64
DELISTED
GTY Technology Holdings, Inc. Warrants
GTYHW
$1M 0.06%
800,000
– –
LHC.WS
65
DELISTED
Leo Holdings Corp. Warrants, each whole warrant exercisable for one Class A Ordinary Share at an exe
LHC.WS
$941K 0.05%
750,000
– –
EAGLW
66
DELISTED
Platinum Eagle Acquisition Corp. Warrant
EAGLW
$900K 0.05%
666,666
– –
CIC.WS
67
DELISTED
Capitol Investment Corp. IV
CIC.WS
$740K 0.04%
500,000
– –
RWGE.WS
68
DELISTED
Regalwood Global Energy Ltd. Warrants, each whole warrant exercisable for one Class A ordinary share
RWGE.WS
$715K 0.04%
490,000
– –
KAACW
69
DELISTED
Kayne Anderson Acquisition Corp.
KAACW
$707K 0.04%
533,333
– –
STNLW
70
DELISTED
Sentinel Energy Services Inc. Warrant
STNLW
$627K 0.04%
490,000
– –
KERX
71
DELISTED
Keryx Biopharmaceuticals Inc
KERX
$582K 0.03%
+171,300
New +$618K
IPOA.WS
72
DELISTED
Social Capital Hedosophia Holdings Corp. Warrants, each whole warrant exercisable for one Class A Or
IPOA.WS
$535K 0.03%
500,000
-500,000
-50% -$755K
NEBUW
73
DELISTED
Nebula Acquisition Corporation Warrant
NEBUW
$520K 0.03%
400,000
– –
AMRWW
74
DELISTED
Alta Mesa Resources Inc Warrant
AMRWW
$500K 0.03%
1,000,000
– –
STRDW
75
DELISTED
Sitio Royalties Corp. Warrant
STRDW
$426K 0.02%
+250,000
New +$453K
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 2018 Portfolio in Review

As of Q3 2018, Governors Lane held 98 positions worth $1.79B, down 4.4% from $1.87B the previous quarter. Its ten largest holdings account for 44% of the portfolio.

Governors Lane withdrew a net $73.6M in Q3 2018, closing 19 positions and reducing 11 holdings. Its most notable exit was GS Acquisition Holdings Corp. Units, each consisting of one share of Class A common stock and one-th, an estimated $39.6M position sold in full.

By sector, the portfolio is most concentrated in Technology at 21% of assets, down from 22% a quarter earlier, followed by Financials and Industrials.

Against the trend, Governors Lane opened a new position in Terminix Global Holdings, Inc. worth $71.1M.

  • Governors Lane's largest Q3 2018 buy was Terminix Global Holdings, Inc.: 1,710,232 shares worth $71.1M.
  • Governors Lane added most to Aetna Inc in Q3 2018, an estimated $49.2M increase.
  • Governors Lane's biggest Q3 2018 reduction was Twenty-First Century Fox, Inc. Class A, cutting an estimated $90.9M.
  • Governors Lane fully exited GS Acquisition Holdings Corp. Units, each consisting of one share of Class A common stock and one-th in Q3 2018, selling an estimated $39.6M.
  • Governors Lane's ten largest holdings make up 44% of its $1.79B portfolio in Q3 2018.
  • Governors Lane opened 20 new positions and closed 19 in Q3 2018.
  • Governors Lane's portfolio value fell 4.4% quarter-over-quarter to $1.79B.

Based on Governors Lane's 13F filing for Q3 2018, filed 14 Nov 2018.