Granite Point Capital Management Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Gentherm
THRM
|
+$2.83M |
| 2 |
DL
China Distance Education Holdings Limited
DL
|
+$2.29M |
| 3 |
DGI
DigitalGlobe Inc.
DGI
|
+$1.91M |
| 4 |
WX
WUXI PHARMATECH, CAYMAN INC REPSTG 8 ORD SHS
WX
|
+$1.91M |
| 5 |
EOCN
Eocene Ltd. Ordinary Shares
EOCN
|
+$1.5M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
HIMX
Himax Technologies
HIMX
|
+$6.96M |
| 2 |
RDA
RDA MICROELECTRONICS INC SPONSORED ADR
RDA
|
+$6.05M |
| 3 |
ARIA
Ariad Pharmaceuticals Inc
ARIA
|
+$4.3M |
| 4 |
Apple
AAPL
|
+$4.15M |
| 5 |
EJ
E HOUSE (CHINA) HOLDINGS LIMITED
EJ
|
+$3.47M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 31.55% |
| 2 | Healthcare | 30.46% |
| 3 | Communication Services | 9.96% |
| 4 | Consumer Discretionary | 8.72% |
| 5 | Technology | 8.62% |
Similar funds
Granite Point Capital Management's Q1 2014 Portfolio in Review
As of Q1 2014, Granite Point Capital Management held 136 positions worth $140M, down 77% from $603M the previous quarter. Its ten largest holdings account for 39% of the portfolio.
Granite Point Capital Management withdrew a net $57.8M in Q1 2014, closing 34 positions and reducing 53 holdings. Its most notable exit was RDA MICROELECTRONICS INC SPONSORED ADR, an estimated $6.05M position sold in full.
By sector, the portfolio is most concentrated in Miscellaneous at 32% of assets, down from 77% a quarter earlier, followed by Healthcare and Communication Services.
Against the trend, Granite Point Capital Management opened a new position in Gentherm worth $3.5M.
- Granite Point Capital Management's largest Q1 2014 buy was Gentherm: 100,800 shares worth $3.5M.
- Granite Point Capital Management added most to China Distance Education Holdings Limited in Q1 2014, an estimated $2.29M increase.
- Granite Point Capital Management's biggest Q1 2014 reduction was Himax Technologies, cutting an estimated $6.96M.
- Granite Point Capital Management fully exited RDA MICROELECTRONICS INC SPONSORED ADR in Q1 2014, selling an estimated $6.05M.
- Granite Point Capital Management's ten largest holdings make up 39% of its $140M portfolio in Q1 2014.
- Granite Point Capital Management opened 34 new positions and closed 34 in Q1 2014.
- Granite Point Capital Management's portfolio value fell 77% quarter-over-quarter to $140M.
Based on Granite Point Capital Management's 13F filing for Q1 2014, filed 14 May 2014.