We are live on
!
Find out more
HCM
Highline Capital Management Portfolio holdings
AUM
$53.5M
1-Year Est. Return
21.72%
This Fund
S&P 500
This Quarter
Est. Return
+6.03%
1 Year Est. Return
-21.72%
3 Year Est. Return
+197.64%
5 Year Est. Return
+251.63%
10 Year Est. Return
–
AUM
$3.16B
AUM Growth
-$302M
(-8.7%)
Cap. Flow
-$428M
Cap. Flow
% of AUM
-13.54%
Top 10 Holdings %
Top 10 Hldgs %
48.02%
Holding
54
New
13
Increased
15
Reduced
7
Closed
18
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Hilton Grand Vacations
HGV
|
+$115M |
| 2 |
Liberty Media Series C
FWONK
|
+$113M |
| 3 |
UNIT
Uniti Group
UNIT
|
+$89.2M |
| 4 |
Liberty Global Class C
LBTYK
|
+$84.7M |
| 5 |
NBL
Noble Energy, Inc.
NBL
|
+$81.5M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Corpay
CPAY
|
+$167M |
| 2 |
Molson Coors Class B
TAP
|
+$112M |
| 3 |
Comcast
CMCSA
|
+$110M |
| 4 |
Weyerhaeuser
WY
|
+$108M |
| 5 |
CIT
CIT Group Inc.
CIT
|
+$94.9M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 26.09% |
| 2 | Communication Services | 17.94% |
| 3 | Healthcare | 14.72% |
| 4 | Financials | 11.34% |
| 5 | Real Estate | 7.59% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
Commercial Metals
CMC
$7.5B
| $36.9M | 1.17% |
1,900,000
+1,850,000
| +3,700% | +$34.3M |
|
|
SEE
27
DELISTED
Sealed Air
SEE
| $36.9M | 1.17% |
+823,700
| New | +$36.3M |
|
28
CALL
Golar LNG
GLNG
$4.93B
| $34.4M | 1.09% |
1,548,200
+48,200
| +3% | +$1.21M |
|
29
NovoCure
NVCR
$2.01B
| $30M | 0.95% |
1,735,810
-59,900
| -3% | -$773K |
|
|
P
30
DELISTED
Pandora Media Inc
P
| $24.5M | 0.78% |
+2,750,000
| New | +$26.5M |
|
31
RingCentral
RNG
$4.44B
| $21.7M | 0.69% |
+594,000
| New | +$19.6M |
|
32
Adient
ADNT
$1.6B
| $19.1M | 0.6% |
292,058
-506,731
| -63% | -$34.5M |
|
33
Community Health Systems
CYH
$386M
| $18.3M | 0.58% |
1,841,700
+924,278
| +101% | +$8.45M |
|
34
LivaNova
LIVN
$4.39B
| $15M | 0.48% |
+245,600
| New | +$13.9M |
|
35
UroGen Pharma
URGN
$1.97B
| $7.68M | 0.24% |
+425,300
| New | +$7.38M |
|
|
CZR
36
DELISTED
Caesars Entertainment Corporation
CZR
| $2.76M | 0.09% |
230,000
| – | – |
|
37
CALL
Crown Castle
CCI
$32.8B
| – | – |
-847,300
| Closed | -$80M |
|
|
38
CALL
Comcast
CMCSA
$81.5B
| – | – |
-2,950,300
| Closed | -$111M |
|
|
39
Comcast
CMCSA
$81.5B
| – | – |
-2,930,400
| Closed | -$110M |
|
40
CALL
Walt Disney
DIS
$168B
| – | – |
-1,530,500
| Closed | -$174M |
|
41
Graphic Packaging
GPK
$3.3B
| – | – |
-3,290,200
| Closed | -$42.3M |
|
42
CALL
Marriott International
MAR
$100B
| – | – |
-604,300
| Closed | -$56.9M |
|
43
CALL
MGM Resorts International
MGM
$11.8B
| – | – |
-1,312,600
| Closed | -$36M |
|
44
Red Rock Resorts
RRR
$3.8B
| – | – |
-3,435,850
| Closed | -$76.2M |
|
45
Steel Dynamics
STLD
$35.8B
| – | – |
-1,430,100
| Closed | -$49.7M |
|
46
Constellation Brands
STZ
$22.2B
| – | – |
-288,871
| Closed | -$51.4M |
|
|
47
Molson Coors Class B
TAP
$7.72B
| – | – |
-1,168,639
| Closed | -$112M |
|
|
48
CALL
Weyerhaeuser
WY
$17.4B
| – | – |
-1,052,600
| Closed | -$35.8M |
|
|
49
Weyerhaeuser
WY
$17.4B
| – | – |
-3,171,500
| Closed | -$108M |
|
|
50
Corpay
CPAY
$24.7B
| – | – |
-1,103,800
| Closed | -$167M |
|
Similar funds
NHSP
DTIM
BI
MCAI
PCM
FC
AEPIP
SAM
Highline Capital Management's Q2 2017 Portfolio in Review
As of Q2 2017, Highline Capital Management held 54 positions worth $3.16B, down 8.7% from $3.46B the previous quarter. Its ten largest holdings account for 48% of the portfolio.
Highline Capital Management withdrew a net $428M in Q2 2017, closing 18 positions and reducing 7 holdings. Its most notable exit was Corpay, an estimated $167M position sold in full.
By sector, the portfolio is most concentrated in Consumer Discretionary at 26% of assets, up from 19% a quarter earlier, followed by Communication Services and Healthcare.
Against the trend, Highline Capital Management opened a new position in Hilton Grand Vacations worth $121M.
- Highline Capital Management's largest Q2 2017 buy was Hilton Grand Vacations: 3,343,600 shares worth $121M.
- Highline Capital Management added most to Liberty Global Class C in Q2 2017, an estimated $84.7M increase.
- Highline Capital Management's biggest Q2 2017 reduction was Willis Towers Watson, cutting an estimated $63.3M.
- Highline Capital Management fully exited Corpay in Q2 2017, selling an estimated $167M.
- Highline Capital Management's ten largest holdings make up 48% of its $3.16B portfolio in Q2 2017.
- Highline Capital Management opened 13 new positions and closed 18 in Q2 2017.
- Highline Capital Management's portfolio value fell 8.7% quarter-over-quarter to $3.16B.
Based on Highline Capital Management's 13F filing for Q2 2017, filed 14 Aug 2017.