We are live on
!
Find out more
GCM
Gruss Capital Management Portfolio holdings
AUM
$715M
1-Year Est. Return
9.91%
This Fund
S&P 500
This Quarter
Est. Return
+11.66%
1 Year Est. Return
+9.91%
3 Year Est. Return
+62.11%
5 Year Est. Return
+60.72%
10 Year Est. Return
–
AUM
$4.19B
AUM Growth
+$583M
(+16%)
Cap. Flow
+$488M
Cap. Flow
% of AUM
11.65%
Top 10 Holdings %
Top 10 Hldgs %
65.61%
Holding
55
New
13
Increased
8
Reduced
12
Closed
10
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 | |
|---|---|---|---|---|---|---|
1
CALL
iShares 20+ Year Treasury Bond ETF
TLT
$42.1B
| $548M | 13.08% |
+4,600,000
| New | +$576M |
|
2
CALL
SPDR Gold Trust
GLD
$131B
| $324M | 7.75% |
2,960,000
-1,690,000
| -36% | -$196M |
|
3
CALL
Microsoft
MSFT
$3.45T
| $293M | 7.01% |
4,722,400
-1,147,600
| -20% | -$69M |
|
4
PUT
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$15.9B
| $260M | 6.2% |
+3,000,000
| New | +$258M |
|
|
5
CALL
Wells Fargo
WFC
$261B
| $237M | 5.66% |
4,300,000
+1,340,000
| +45% | +$67.4M |
|
6
CALL
Qualcomm
QCOM
$155B
| $236M | 5.64% |
3,625,500
+289,500
| +9% | +$19.4M |
|
|
AGN
7
CALL
DELISTED
Allergan plc
AGN
| $231M | 5.52% |
1,100,000
+870,000
| +378% | +$180M |
|
8
CALL
Pfizer
PFE
$143B
| $228M | 5.44% |
7,393,810
| – | – |
|
9
PUT
State Street Financial Select Sector SPDR ETF
XLF
$56.7B
| $221M | 5.27% |
9,500,000
-2,500,000
| -21% | -$53.6M |
|
10
PUT
iShares US Real Estate ETF
IYR
$4.66B
| $169M | 4.04% |
+2,200,000
| New | +$167M |
|
11
PUT
State Street SPDR S&P Metals & Mining ETF
XME
$3.87B
| $152M | 3.63% |
+5,000,000
| New | +$144M |
|
|
PARAA
12
DELISTED
Paramount Global Class A
PARAA
| $152M | 3.62% |
2,341,800
+53,653
| +2% | +$3.22M |
|
13
PUT
State Street Consumer Staples Select Sector SPDR ETF
XLP
$14.2B
| $103M | 2.47% |
2,000,000
+600,000
| +43% | +$31.1M |
|
|
AET
14
CALL
DELISTED
Aetna Inc
AET
| $102M | 2.43% |
820,000
+70,000
| +9% | +$8.38M |
|
15
VeriSign
VRSN
$26.2B
| $91.3M | 2.18% |
1,200,000
-57,700
| -5% | -$4.56M |
|
16
PUT
State Street Materials Select Sector SPDR ETF
XLB
$8.5B
| $89.5M | 2.14% |
+3,600,000
| New | +$87.4M |
|
17
CALL
American Express
AXP
$227B
| $84.1M | 2.01% |
1,135,000
| – | – |
|
|
18
PUT
VeriSign
VRSN
$26.2B
| $76.1M | 1.82% |
1,000,000
-257,700
| -20% | -$20.4M |
|
19
CALL
Charter Communications
CHTR
$17.3B
| $65.1M | 1.55% |
250,000
| – | – |
|
20
Madison Square Garden
MSGS
$9.48B
| $49.7M | 1.19% |
406,580
-58,884
| -13% | -$7.15M |
|
21
PUT
ExxonMobil
XOM
$644B
| $45.1M | 1.08% |
+500,000
| New | +$43.7M |
|
22
Ingevity
NGVT
$2.51B
| $44.7M | 1.07% |
815,000
-135,000
| -14% | -$6.47M |
|
|
BHI
23
PUT
DELISTED
Baker Hughes
BHI
| $39M | 0.93% |
600,000
| – | – |
|
24
PUT
SLB Ltd
SLB
$73.6B
| $37.8M | 0.9% |
+450,000
| New | +$36.9M |
|
25
PUT
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.65B
| $37.3M | 0.89% |
225,000
| – | – |
|
Similar funds
AC
CCM
BCM
BWCA
SE
TBC
RW
SPC
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.