We are live on
!
Find out more
ICAP
Independence Capital Asset Partners Portfolio holdings
AUM
$9.3M
1-Year Est. Return
28.89%
This Fund
S&P 500
This Quarter
Est. Return
+16.77%
1 Year Est. Return
+28.89%
3 Year Est. Return
–
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$643M
AUM Growth
-$82.1M
(-11%)
Cap. Flow
-$131M
Cap. Flow
% of AUM
-20.42%
Top 10 Holdings %
Top 10 Hldgs %
35.45%
Holding
119
New
48
Increased
18
Reduced
13
Closed
40
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
NXP Semiconductors
NXPI
|
+$25.1M |
| 2 |
Cigna
CI
|
+$23.1M |
| 3 |
Crown Castle
CCI
|
+$15.9M |
| 4 |
CBI
Chicago Bridge & Iron Nv
CBI
|
+$14.8M |
| 5 |
MGM Resorts International
MGM
|
+$14.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
HCA Healthcare
HCA
|
+$27.8M |
| 2 |
Charter Communications
CHTR
|
+$24.8M |
| 3 |
LTM
LIFE TIME FITNESS INC
LTM
|
+$24.1M |
| 4 |
American Airlines Group
AAL
|
+$24M |
| 5 |
CELG
Celgene Corp
CELG
|
+$23.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 29.25% |
| 2 | Consumer Discretionary | 16.15% |
| 3 | Communication Services | 11% |
| 4 | Industrials | 10.81% |
| 5 | Financials | 10.47% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
DigitalBridge
DBRG
$2.99B
| $30.1M | 4.68% |
322,273
+44,398
| +16% | +$4.02M |
|
|
2
NXP Semiconductors
NXPI
$57B
| $28.6M | 4.45% |
+285,045
| New | +$25.1M |
|
|
3
Cigna
CI
$73.4B
| $25.7M | 4% |
+198,472
| New | +$23.1M |
|
|
LVNTA
4
DELISTED
Liberty Interactive Corporation Series A Liberty Ventures
LVNTA
| $24.8M | 3.85% |
589,652
+19,747
| +3% | +$767K |
|
5
Tenet Healthcare
THC
$21.6B
| $23.4M | 3.64% |
472,088
+266,312
| +129% | +$12.4M |
|
|
TWX
6
DELISTED
Time Warner Inc
TWX
| $20.6M | 3.21% |
244,177
-41,604
| -15% | -$3.46M |
|
7
Vulcan Materials
VMC
$35.5B
| $19.2M | 2.99% |
227,983
+12,336
| +6% | +$953K |
|
8
Madison Square Garden
MSGS
$9.48B
| $18.8M | 2.92% |
311,041
+26,598
| +9% | +$1.46M |
|
9
Williams Companies
WMB
$90.7B
| $18.5M | 2.88% |
366,513
-51,865
| -12% | -$2.4M |
|
|
LBRDA
10
DELISTED
Liberty Broadband Class A
LBRDA
| $18.2M | 2.84% |
322,803
+132,212
| +69% | +$6.71M |
|
11
Halliburton
HAL
$29.6B
| $17.9M | 2.79% |
408,943
+95,867
| +31% | +$4M |
|
|
LVLT
12
DELISTED
Level 3 Communications Inc
LVLT
| $17.9M | 2.79% |
333,285
-39,234
| -11% | -$2.05M |
|
13
Vail Resorts
MTN
$5.15B
| $17.6M | 2.74% |
170,023
-32,891
| -16% | -$2.98M |
|
|
CBI
14
DELISTED
Chicago Bridge & Iron Nv
CBI
| $17.3M | 2.69% |
+351,230
| New | +$14.8M |
|
|
15
Crown Castle
CCI
$31.9B
| $15.4M | 2.4% |
+186,919
| New | +$15.9M |
|
|
HOLX
16
DELISTED
Hologic
HOLX
| $14.9M | 2.32% |
+451,337
| New | +$13.9M |
|
|
ESPR
17
DELISTED
Esperion Therapeutics
ESPR
| $14.7M | 2.28% |
+158,480
| New | +$10.2M |
|
|
18
MGM Resorts International
MGM
$10.8B
| $14.2M | 2.21% |
+676,252
| New | +$14.2M |
|
19
Teva Pharmaceuticals
TEVA
$43.8B
| $14.2M | 2.21% |
+227,601
| New | +$13.2M |
|
|
XLRN
20
DELISTED
Acceleron Pharma
XLRN
| $13.8M | 2.15% |
363,136
+25,054
| +7% | +$996K |
|
|
ICPT
21
DELISTED
Intercept Pharmaceuticals, Inc.
ICPT
| $13.8M | 2.15% |
+48,934
| New | +$10.6M |
|
22
United Airlines
UAL
$36.5B
| $13.8M | 2.15% |
205,148
+6,164
| +3% | +$418K |
|
|
BNY
23
Bank of New York Mellon
BNY
$110B
| $13.3M | 2.08% |
+331,536
| New | +$12.9M |
|
24
Lowe's Companies
LOW
$116B
| $13.3M | 2.07% |
+178,515
| New | +$12.8M |
|
25
General Motors
GM
$75.6B
| $12.8M | 2% |
342,233
+100,157
| +41% | +$3.64M |
|
Similar funds
KIA
KCM
CP
AIM
CC
RRCM
SCM
TVM
Independence Capital Asset Partners's Q1 2015 Portfolio in Review
As of Q1 2015, Independence Capital Asset Partners held 119 positions worth $643M, down 11% from $725M the previous quarter. Its ten largest holdings account for 35% of the portfolio.
Independence Capital Asset Partners withdrew a net $131M in Q1 2015, closing 40 positions and reducing 13 holdings. Its most notable exit was HCA Healthcare, an estimated $27.8M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 29% of assets, up from 21% a quarter earlier, followed by Consumer Discretionary and Communication Services.
Against the trend, Independence Capital Asset Partners opened a new position in NXP Semiconductors worth $28.6M.
- Independence Capital Asset Partners's largest Q1 2015 buy was NXP Semiconductors: 285,045 shares worth $28.6M.
- Independence Capital Asset Partners added most to Tenet Healthcare in Q1 2015, an estimated $12.4M increase.
- Independence Capital Asset Partners's biggest Q1 2015 reduction was Sotheby's, cutting an estimated $15.6M.
- Independence Capital Asset Partners fully exited HCA Healthcare in Q1 2015, selling an estimated $27.8M.
- Independence Capital Asset Partners's ten largest holdings make up 35% of its $643M portfolio in Q1 2015.
- Independence Capital Asset Partners opened 48 new positions and closed 40 in Q1 2015.
- Independence Capital Asset Partners's portfolio value fell 11% quarter-over-quarter to $643M.
Based on Independence Capital Asset Partners's 13F filing for Q1 2015, filed 14 May 2015.