Gruss Capital Management Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Dollar Tree
DLTR
|
+$48.3M |
| 2 |
Micron Technology
MU
|
+$30.3M |
| 3 |
Unum
UNM
|
+$19.6M |
| 4 |
COOP
Mr. Cooper
COOP
|
+$13.7M |
| 5 |
SCG
Scana
SCG
|
+$8.63M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Meta Platforms (Facebook)
META
|
+$73.8M |
| 2 |
TFCFA
Twenty-First Century Fox, Inc. Class A
TFCFA
|
+$69.6M |
| 3 |
Marathon Petroleum
MPC
|
+$59.6M |
| 4 |
Lowe's Companies
LOW
|
+$39.6M |
| 5 |
OneMain Financial
OMF
|
+$37.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 42.53% |
| 2 | Communication Services | 27.57% |
| 3 | Consumer Staples | 11.98% |
| 4 | Financials | 6.6% |
| 5 | Consumer Discretionary | 5.14% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
PUT
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$4.06B
| – | – |
-27,500
| Closed | -$4.74M |
|
|
EQC
27
DELISTED
Equity Commonwealth
EQC
| – | – |
-750,000
| Closed | -$23.6M |
|
|
CTWS
28
DELISTED
Connecticut Water Service Inc
CTWS
| – | – |
-250,000
| Closed | -$16.3M |
|
|
TFCFA
29
DELISTED
Twenty-First Century Fox, Inc. Class A
TFCFA
| – | – |
-1,400,000
| Closed | -$69.6M |
|
|
TFCF
30
DELISTED
Twenty-First Century Fox, Inc. Class B
TFCF
| – | – |
-400,000
| Closed | -$19.7M |
|
|
NSM
31
DELISTED
Nationstar Mortgage Holdings
NSM
| – | – |
-1,200,000
| Closed | -$21M |
|
Similar funds
Gruss Capital Management's Q3 2018 Portfolio in Review
As of Q3 2018, Gruss Capital Management held 31 positions worth $715M, down 25% from $955M the previous quarter. Its ten largest holdings account for 92% of the portfolio.
Gruss Capital Management withdrew a net $343M in Q3 2018, closing 15 positions and reducing 6 holdings. Its most notable exit was Meta Platforms (Facebook), an estimated $73.8M position sold in full.
By sector, the portfolio is most concentrated in Miscellaneous at 43% of assets, up from 26% a quarter earlier, followed by Communication Services and Consumer Staples.
Against the trend, Gruss Capital Management opened a new position in Micron Technology worth $27.1M.
- Gruss Capital Management's largest Q3 2018 buy was Micron Technology: 600,000 shares worth $27.1M.
- Gruss Capital Management added most to Dollar Tree in Q3 2018, an estimated $48.3M increase.
- Gruss Capital Management's biggest Q3 2018 reduction was Lowe's Companies, cutting an estimated $39.6M.
- Gruss Capital Management fully exited Meta Platforms (Facebook) in Q3 2018, selling an estimated $73.8M.
- Gruss Capital Management's ten largest holdings make up 92% of its $715M portfolio in Q3 2018.
- Gruss Capital Management opened 8 new positions and closed 15 in Q3 2018.
- Gruss Capital Management's portfolio value fell 25% quarter-over-quarter to $715M.
Based on Gruss Capital Management's 13F filing for Q3 2018, filed 13 Nov 2018.