JP
Jana Partners Portfolio holdings
AUM
$1.34B
Turnover
20%
1-Year Est. Return
4.95%
This Fund
S&P 500
This Quarter
Est. Return
+9.74%
1 Year Est. Return
+4.95%
3 Year Est. Return
+36.05%
5 Year Est. Return
+49.5%
10 Year Est. Return
+234.68%
AUM
$1.24B
AUM Growth
+$45M
(+3.8%)
Cap. Flow
-$83.4M
Cap. Flow
% of AUM
-6.72%
Top 10 Holdings %
Top 10 Hldgs %
100%
Holding
12
New
2
Increased
1
Reduced
4
Closed
2
Avg Time Held Equity + Options
1.7
years
Top 10 Avg Time Held Equity + Options
1.1
years
Top 20 Avg Time Held Equity + Options
1.5
years
Avg Time Held Equity only
1.6
years
Top 10 Avg Time Held Equity only
1.4
years
Top 20 Avg Time Held Equity only
1.6
years
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Bloomin' Brands
BLMN
|
+$139M |
| 2 |
Instructure, Inc.
INST
|
+$13.6M |
| 3 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$7.99M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Zimmer Biomet
ZBH
|
+$143M |
| 2 |
Axalta
AXTA
|
+$54.6M |
| 3 |
HDS
HD Supply Holdings, Inc.
HDS
|
+$28.8M |
| 4 |
Jack in the Box
JACK
|
+$12.5M |
| 5 |
Sitio Royalties
STR
|
+$3.45M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Staples | 36.99% |
| 2 | Consumer Discretionary | 31.29% |
| 3 | Materials | 9.72% |
| 4 | Healthcare | 8.85% |
| 5 | Industrials | 6.32% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1
Conagra Brands
CAG
$6.61B
| $459M | 36.99% |
14,961,717
| – | – |
2015 Q2
17 quarters
|
|
2
Callaway Golf Company
CALY
$2.42B
| $168M | 13.57% |
8,671,810
| – | – |
2019 Q2
1 quarter
|
|
|
3
Bloomin' Brands
BLMN
$801M
| $148M | 11.93% |
+7,819,899
| New | +$139M |
2019 Q3
0 quarters
|
|
|
4
Axalta
AXTA
$7.1B
| $121M | 9.72% |
4,000,000
-1,850,000
| -32% | -$54.6M |
2019 Q2
1 quarter
|
|
|
5
Zimmer Biomet
ZBH
$17.5B
| $110M | 8.85% |
824,000
-1,105,397
| -57% | -$143M |
2017 Q2
9 quarters
|
|
|
HDS
6
DELISTED
HD Supply Holdings, Inc.
HDS
| $78.4M | 6.32% |
2,002,273
-733,657
| -27% | -$28.8M |
2016 Q1
14 quarters
|
|
|
7
Jack in the Box
JACK
$226M
| $71.9M | 5.8% |
789,586
-149,946
| -16% | -$12.5M |
2017 Q3
8 quarters
|
|
|
8
State Street SPDR S&P 500 ETF Trust
SPY
$813B
| $64.9M | 5.23% |
218,698
+27,050
| +14% | +$7.99M |
2018 Q1
6 quarters
|
|
|
9
DELISTED
Instructure, Inc.
INST
| $12.9M | 1.04% |
+334,089
| New | +$13.6M |
2019 Q3
0 quarters
|
|
|
TIF
10
CALL
DELISTED
Tiffany & Co.
TIF
| $6.82M | 0.55% |
73,600
| – | – |
2017 Q1
10 quarters
|
|
|
11
DELISTED
Sitio Royalties
STR
| – | – |
-116,559
| Closed | -$3.45M | – |
|
12
DELISTED
Sitio Royalties Corp. Warrant
STRDW
| – | – |
-2,521,551
| Closed | -$2.4M | – |
|
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Jana Partners's Q3 2019 Portfolio in Review
As of Q3 2019, Jana Partners held 12 positions worth $1.24B, up 3.8% from $1.2B the previous quarter. Its ten largest holdings account for 100% of the portfolio.
Jana Partners withdrew a net $83.4M in Q3 2019, closing 2 positions and reducing 4 holdings. Its most notable exit was Sitio Royalties, an estimated $3.45M position sold in full.
By sector, the portfolio is most concentrated in Consumer Staples at 37% of assets, up from 33% a quarter earlier, followed by Consumer Discretionary and Materials.
Against the trend, Jana Partners opened a new position in Bloomin' Brands worth $148M.
- Jana Partners's largest Q3 2019 buy was Bloomin' Brands: 7,819,899 shares worth $148M.
- Jana Partners added most to State Street SPDR S&P 500 ETF Trust in Q3 2019, an estimated $7.99M increase.
- Jana Partners's biggest Q3 2019 reduction was Zimmer Biomet, cutting an estimated $143M.
- Jana Partners fully exited Sitio Royalties in Q3 2019, selling an estimated $3.45M.
- Jana Partners's ten largest holdings make up 100% of its $1.24B portfolio in Q3 2019.
- Jana Partners opened 2 new positions and closed 2 in Q3 2019.
- Jana Partners's portfolio value rose 3.8% quarter-over-quarter to $1.24B.
Based on Jana Partners's 13F filing for Q3 2019, filed 14 Nov 2019.