Gruss Capital Management Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
ALR
Alere Inc
ALR
|
+$8.09M |
| 2 |
PARAA
Paramount Global Class A
PARAA
|
+$3.22M |
| 3 |
SandRidge Energy
SD
|
+$2.44M |
| 4 |
Tenet Healthcare
THC
|
+$1.35M |
| 5 |
FWP
Forward Pharma A/S American Depositary Shares
FWP
|
+$941K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Wells Fargo
WFC
|
+$156M |
| 2 |
AGN
Allergan plc
AGN
|
+$86M |
| 3 |
Humana
HUM
|
+$42.3M |
| 4 |
AGU
Agrium
AGU
|
+$36.7M |
| 5 |
Dollar General
DG
|
+$35M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Communication Services | 4.81% |
| 2 | Technology | 2.18% |
| 3 | Materials | 1.26% |
| 4 | Energy | 1.23% |
| 5 | Financials | 0.68% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
51
Wells Fargo
WFC
$261B
| – | – |
-3,100,000
| Closed | -$156M |
|
|
52
PUT
Wells Fargo
WFC
$261B
| – | – |
-3,100,000
| Closed | -$137M |
|
|
AGN
53
DELISTED
Allergan plc
AGN
| – | – |
-415,000
| Closed | -$86M |
|
|
AGU
54
DELISTED
Agrium
AGU
| – | – |
-404,555
| Closed | -$36.7M |
|
|
CQH
55
DELISTED
Cheniere Energy Partners LP Holdings LLC
CQH
| – | – |
-395,026
| Closed | -$8.98M |
|
Similar funds
Gruss Capital Management's Q4 2016 Portfolio in Review
As of Q4 2016, Gruss Capital Management held 55 positions worth $4.19B, up 16% from $3.61B the previous quarter. Its ten largest holdings account for 66% of the portfolio.
Gruss Capital Management deployed $488M of net new capital in Q4 2016, opening 13 new positions and adding to 8 existing holdings. Its largest new stake was Alere Inc: 200,000 shares worth $7.79M.
By sector, the portfolio is most concentrated in Communication Services at 4.8% of assets, down from 5.1% a quarter earlier, followed by Technology and Materials.
On the sell side, the largest reduction was Synchrony, an estimated $29.9M trimmed.
- Gruss Capital Management's largest Q4 2016 buy was Alere Inc: 200,000 shares worth $7.79M.
- Gruss Capital Management added most to Paramount Global Class A in Q4 2016, an estimated $3.22M increase.
- Gruss Capital Management's biggest Q4 2016 reduction was Synchrony, cutting an estimated $29.9M.
- Gruss Capital Management fully exited Wells Fargo in Q4 2016, selling an estimated $156M.
- Gruss Capital Management's ten largest holdings make up 66% of its $4.19B portfolio in Q4 2016.
- Gruss Capital Management opened 13 new positions and closed 10 in Q4 2016.
- Gruss Capital Management's portfolio value rose 16% quarter-over-quarter to $4.19B.
Based on Gruss Capital Management's 13F filing for Q4 2016, filed 13 Feb 2017.