IG

Inherent Group Portfolio holdings

AUM $108M Turnover 46.15%
1-Year Est. Return 55.34%
This Fund
S&P 500
This Quarter Est. Return
-18.34%
1 Year Est. Return
+55.34%
3 Year Est. Return
+61.74%
5 Year Est. Return
+520.18%
10 Year Est. Return
–
AUM
$81M
AUM Growth
-$35.3M
Cap. Flow
-$6.1M
Cap. Flow %
-7.53%
Top 10 Hldgs %
96.64%
Holding
15
New
8
Increased
1
Reduced
4
Closed
2
Avg Time Held
0.3 years
Top 10 Avg Time Held
0.3 years
Top 20 Avg Time Held
0.3 years

Top Buys

Rank Stock Value
1
VCSH icon
Vanguard Short-Term Corporate Bond ETF
VCSH
+$13M
2
MSFT icon
Microsoft
MSFT
+$8.58M
3
BALL icon
Ball Corp
BALL
+$6.21M
4
LQD icon
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
+$5.59M
5
ALLY icon
Ally Financial
ALLY
+$5.54M

Top Sells

Rank Stock Value
1
INST icon
Instructure, Inc.
INST
+$17.4M
2
DAR icon
Darling Ingredients
DAR
+$13.7M
3
LVGO
Livongo Health, Inc. Common Stock
LVGO
+$8.93M
4
TPIC icon
TPI Composites
TPIC
+$7.1M
5
COOP icon
Mr. Cooper
COOP
+$2.26M

Sector Composition

Rank Sector Weight
1 Miscellaneous 26.18%
2 Utilities 20.36%
3 Materials 14.21%
4 Communication Services 11.11%
5 Financials 10.37%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow Held Since
EIX icon
1
Edison International
EIX
$21.3B
$16.5M 20.36%
300,787
-32,182
-10% -$2.23M
2019 Q2
3 quarters
VCSH icon
2
Vanguard Short-Term Corporate Bond ETF
VCSH
$43.9B
$12.8M 15.82%
+161,900
New +$13M
2020 Q1
0 quarters
OEC icon
3
Orion
OEC
$321M
$10.7M 13.19%
1,431,802
+151,075
+12% +$2.19M
2018 Q4
5 quarters
LVGO
4
DELISTED
Livongo Health, Inc. Common Stock
LVGO
$8.99M 11.11%
315,203
-344,859
-52% -$8.93M
2019 Q3
2 quarters
MSFT icon
5
Microsoft
MSFT
$3.96T
$8.23M 10.17%
+52,200
New +$8.58M
2020 Q1
0 quarters
BALL icon
6
Ball Corp
BALL
$16B
$5.74M 7.08%
+88,700
New +$6.21M
2020 Q1
0 quarters
LQD icon
7
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$29.2B
$5.42M 6.7%
+43,900
New +$5.59M
2020 Q1
0 quarters
COOP icon
8
DELISTED
Mr. Cooper
COOP
$5.35M 6.61%
729,859
-195,241
-21% -$2.26M
2019 Q3
2 quarters
ALLY icon
9
Ally Financial
ALLY
$11.2B
$3.04M 3.76%
+211,040
New +$5.54M
2020 Q1
0 quarters
VPU icon
10
Vanguard Utilities ETF
VPU
$8.1B
$1.49M 1.84%
+12,200
New +$1.71M
2020 Q1
0 quarters
XLU icon
11
State Street Utilities Select Sector SPDR ETF
XLU
$24.2B
$1.47M 1.82%
+53,200
New +$1.7M
2020 Q1
0 quarters
VMC icon
12
Vulcan Materials
VMC
$31.3B
$821K 1.01%
+7,600
New +$971K
2020 Q1
0 quarters
TPIC icon
13
DELISTED
TPI Composites
TPIC
$426K 0.53%
28,843
-360,977
-93% -$7.1M
2019 Q1
4 quarters
DAR icon
14
Darling Ingredients
DAR
$9.84B
– –
-487,485
Closed -$13.7M –
INST icon
15
DELISTED
Instructure, Inc.
INST
– –
-361,069
Closed -$17.4M –

Similar funds

CM
Crystalline Management Montreal, Quebec, Canada $112M AUM 21.13% 1-Year Est. Return
ASGS
Alpha Square Group S New York $103M AUM 63.47% 1-Year Est. Return
ASFA
All Season Financial Advisors Denver, Colorado $117M AUM 25.93% 1-Year Est. Return
MAG
Millrace Asset Group Berwyn, Pennsylvania $98.4M AUM 63.71% 1-Year Est. Return
SAM
Soditic Asset Management Tonbridge, United Kingdom $98.4M AUM 36.65% 1-Year Est. Return
NMM
Naples Money Management Naples, Florida $118M AUM 54.7% 1-Year Est. Return
AIM
Aquila Investment Management New York $89.9M AUM 29.86% 1-Year Est. Return
APS
American Planning Services Sun City Center, Florida $126M AUM 25.28% 1-Year Est. Return

Inherent Group's Q1 2020 Portfolio in Review

As of Q1 2020, Inherent Group held 15 positions worth $81M, down 30% from $116M the previous quarter. Its ten largest holdings account for 97% of the portfolio.

Inherent Group withdrew a net $6.1M in Q1 2020, closing 2 positions and reducing 4 holdings. Its most notable exit was Instructure, Inc., an estimated $17.4M position sold in full.

By sector, the portfolio is most concentrated in Miscellaneous at 26% of assets, followed by Utilities and Materials.

Against the trend, Inherent Group opened a new position in Vanguard Short-Term Corporate Bond ETF worth $12.8M.

  • Inherent Group's largest Q1 2020 buy was Vanguard Short-Term Corporate Bond ETF: 161,900 shares worth $12.8M.
  • Inherent Group added most to Orion in Q1 2020, an estimated $2.19M increase.
  • Inherent Group's biggest Q1 2020 reduction was Livongo Health, Inc. Common Stock, cutting an estimated $8.93M.
  • Inherent Group fully exited Instructure, Inc. in Q1 2020, selling an estimated $17.4M.
  • Inherent Group's ten largest holdings make up 97% of its $81M portfolio in Q1 2020.
  • Inherent Group opened 8 new positions and closed 2 in Q1 2020.
  • Inherent Group's portfolio value fell 30% quarter-over-quarter to $81M.

Based on Inherent Group's 13F filing for Q1 2020, filed 15 May 2020.