We are live on
!
Find out more
IM
Islet Management Portfolio holdings
AUM
$49.1M
1-Year Est. Return
17.59%
This Fund
S&P 500
This Quarter
Est. Return
+0.24%
1 Year Est. Return
+17.59%
3 Year Est. Return
+74.89%
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$800M
AUM Growth
-$73.9M
(-8.5%)
Cap. Flow
-$62.9M
Cap. Flow
% of AUM
-7.86%
Top 10 Holdings %
Top 10 Hldgs %
55.91%
Holding
120
New
36
Increased
16
Reduced
10
Closed
56
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Norfolk Southern
NSC
|
+$18.4M |
| 2 |
Baker Hughes
BKR
|
+$18.3M |
| 3 |
Adobe
ADBE
|
+$17.5M |
| 4 |
Microsoft
MSFT
|
+$17.2M |
| 5 |
Middleby
MIDD
|
+$12.5M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Walt Disney
DIS
|
+$14M |
| 2 |
Uber
UBER
|
+$13.9M |
| 3 |
Petrobras
PBR
|
+$13.6M |
| 4 |
Live Nation Entertainment
LYV
|
+$11.9M |
| 5 |
Alibaba
BABA
|
+$11.9M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Industrials | 15.08% |
| 2 | Technology | 13.2% |
| 3 | Communication Services | 6.95% |
| 4 | Financials | 5% |
| 5 | Energy | 3.32% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
Dollar General
DG
$27.7B
| $7.95M | 0.99% |
+50,000
| New | +$7.23M |
|
|
ATVI
27
DELISTED
Activision Blizzard
ATVI
| $7.94M | 0.99% |
+150,000
| New | +$7.48M |
|
28
CrowdStrike
CRWD
$207B
| $7.29M | 0.91% |
500,000
+160,000
| +47% | +$3.18M |
|
29
Corpay
CPAY
$23.9B
| $7.17M | 0.9% |
+25,000
| New | +$7.26M |
|
30
Elastic
ESTC
$6.4B
| $7M | 0.87% |
85,000
+60,534
| +247% | +$5.38M |
|
31
Baxter International
BAX
$11.7B
| $6.56M | 0.82% |
+75,000
| New | +$6.4M |
|
32
Americold
COLD
$4.54B
| $6.49M | 0.81% |
+175,000
| New | +$6.16M |
|
33
Match Group
MTCH
$9.13B
| $6.07M | 0.76% |
+85,000
| New | +$6.63M |
|
34
GrafTech
EAF
$181M
| $5.93M | 0.74% |
46,307
-10,000
| -18% | -$1.19M |
|
|
35
CALL
CrowdStrike
CRWD
$207B
| $5.83M | 0.73% |
400,000
+200,000
| +100% | +$3.97M |
|
|
FSCT
36
DELISTED
ForeScout Technologies, Inc. Common Stock
FSCT
| $5.5M | 0.69% |
145,000
+95,000
| +190% | +$3.47M |
|
37
Ares Management
ARES
$28.3B
| $5.36M | 0.67% |
200,000
+50,000
| +33% | +$1.43M |
|
38
Equitable Holdings
EQH
$13.4B
| $5.3M | 0.66% |
+239,200
| New | +$5.13M |
|
39
Prosperity Bancshares
PB
$8.81B
| $5.3M | 0.66% |
+75,000
| New | +$5.04M |
|
40
Annaly Capital Management
NLY
$16.9B
| $5.28M | 0.66% |
150,000
-87,500
| -37% | -$3.15M |
|
41
PUT
PTC
PTC
$14.4B
| $5.11M | 0.64% |
+75,000
| New | +$5.48M |
|
42
Advanced Micro Devices
AMD
$808B
| $5.07M | 0.63% |
+175,000
| New | +$5.49M |
|
|
AVLR
43
DELISTED
Avalara, Inc.
AVLR
| $5.05M | 0.63% |
75,000
-65,000
| -46% | -$5.26M |
|
|
EVOP
44
DELISTED
EVO Payments, Inc. Class A Common Stock
EVOP
| $4.92M | 0.61% |
+175,000
| New | +$5.14M |
|
45
Laureate Education
LAUR
$5.1B
| $4.14M | 0.52% |
+250,000
| New | +$4.2M |
|
|
AVLR
46
PUT
DELISTED
Avalara, Inc.
AVLR
| $3.37M | 0.42% |
+50,000
| New | +$4.04M |
|
|
MDCO
47
DELISTED
Medicines Co
MDCO
| $3.25M | 0.41% |
65,000
+55,000
| +550% | +$2.19M |
|
48
ServiceNow
NOW
$106B
| $3.05M | 0.38% |
60,000
-190,000
| -76% | -$10.3M |
|
49
Trip.com Group
TCOM
$26.7B
| $2.93M | 0.37% |
+100,000
| New | +$3.52M |
|
50
Cenovus Energy
CVE
$52.1B
| $2.81M | 0.35% |
+300,000
| New | +$2.72M |
|
Similar funds
KM
KP
NH
UCIG
VCM
FGIM
DCM
WGRM
Islet Management's Q3 2019 Portfolio in Review
As of Q3 2019, Islet Management held 120 positions worth $800M, down 8.5% from $874M the previous quarter. Its ten largest holdings account for 56% of the portfolio.
Islet Management withdrew a net $62.9M in Q3 2019, closing 56 positions and reducing 10 holdings. Its most notable exit was Walt Disney, an estimated $14M position sold in full.
By sector, the portfolio is most concentrated in Industrials at 15% of assets, up from 12% a quarter earlier, followed by Technology and Communication Services.
Against the trend, Islet Management opened a new position in Norfolk Southern worth $18M.
- Islet Management's largest Q3 2019 buy was Norfolk Southern: 100,000 shares worth $18M.
- Islet Management added most to Baker Hughes in Q3 2019, an estimated $18.3M increase.
- Islet Management's biggest Q3 2019 reduction was ServiceNow, cutting an estimated $10.3M.
- Islet Management fully exited Walt Disney in Q3 2019, selling an estimated $14M.
- Islet Management's ten largest holdings make up 56% of its $800M portfolio in Q3 2019.
- Islet Management opened 36 new positions and closed 56 in Q3 2019.
- Islet Management's portfolio value fell 8.5% quarter-over-quarter to $800M.
Based on Islet Management's 13F filing for Q3 2019, filed 14 Nov 2019.