We are live on ! Find out more
KCM

Kingdon Capital Management Portfolio holdings

AUM $976M
1-Year Est. Return 66.76%
This Fund
S&P 500
This Quarter Est. Return
+13.31%
1 Year Est. Return
+66.76%
3 Year Est. Return
+217.15%
5 Year Est. Return
+352.97%
10 Year Est. Return
+2,412.55%
AUM
$1.55B
AUM Growth
+$16.3M
Cap. Flow
-$259M
Cap. Flow %
-16.73%
Top 10 Hldgs %
34.19%
Holding
160
New
41
Increased
21
Reduced
30
Closed
49
Avg Time Held Equity + Options
1.9 quarters
Top 10 Avg Time Held Equity + Options
0.9 quarters
Top 20 Avg Time Held Equity + Options
1.2 quarters
Avg Time Held Equity only
2.2 quarters
Top 10 Avg Time Held Equity only
1.1 quarters
Top 20 Avg Time Held Equity only
1.5 quarters

Top Buys

Rank Stock Value
1
AABA
Altaba Inc
AABA
+$47.7M
2
RF icon
Regions Financial
RF
+$23.2M
3
SLM icon
SLM Corp
SLM
+$20.6M
4
ELV icon
Elevance Health
ELV
+$17.4M
5
MDLZ icon
Mondelez International
MDLZ
+$16.9M

Top Sells

Rank Stock Value
1
CCEP icon
Coca-Cola Europacific Partners
CCEP
+$32.8M
2
AIG icon
American International
AIG
+$29.2M
3
MU icon
Micron Technology
MU
+$28.6M
4
DD icon
DuPont de Nemours
DD
+$23.4M
5
TAL icon
TAL Education Group
TAL
+$22.5M

Sector Composition

Rank Sector Weight
1 Miscellaneous 31.07%
2 Technology 16.57%
3 Healthcare 11.97%
4 Materials 9.15%
5 Industrials 7.88%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow Held Since
AABA
1
DELISTED
Altaba Inc
AABA
$121M 7.78%
1,727,428
+685,300
+66% +$47.7M
2017 Q2
2 quarters
SPY icon
2
PUT
State Street SPDR S&P 500 ETF Trust
SPY
$822B
$66.7M 4.3%
+250,000
New +$65M
2017 Q4
0 quarters
XBI icon
3
PUT
State Street SPDR S&P Biotech ETF
XBI
$9.71B
$63.7M 4.1%
+750,000
New +$62.8M
2017 Q4
0 quarters
QQQ icon
4
PUT
Invesco QQQ Trust
QQQ
$497B
$60.7M 3.92%
390,000
-110,000
-22% -$16.8M
2017 Q2
2 quarters
IWM icon
5
PUT
iShares Russell 2000 ETF
IWM
$77.9B
$53.4M 3.44%
+350,000
New +$52.6M
2017 Q4
0 quarters
XPO icon
6
XPO
XPO
$21.2B
$34.8M 2.24%
1,098,368
-623,356
-36% -$15.9M
2017 Q2
2 quarters
BA icon
7
Boeing
BA
$147B
$34.1M 2.2%
115,462
-2,113
-2% -$572K
2017 Q3
1 quarter
DD icon
8
DuPont de Nemours
DD
$17.5B
$33M 2.13%
183,249
-129,959
-41% -$23.4M
2016 Q4
4 quarters
MU icon
9
Micron Technology
MU
$1.08T
$31.9M 2.06%
775,667
-663,841
-46% -$28.6M
2017 Q2
2 quarters
HRTX icon
10
Heron Therapeutics
HRTX
$74.2M
$31.3M 2.02%
1,729,657
-280,668
-14% -$4.58M
2014 Q1
15 quarters
SMH icon
11
PUT
VanEck Semiconductor ETF
SMH
$71.7B
$31M 2%
+635,000
New +$31.7M
2017 Q4
0 quarters
UNH icon
12
UnitedHealth
UNH
$339B
$30M 1.93%
136,009
+72,651
+115% +$15.4M
2017 Q2
2 quarters
SHLM
13
DELISTED
Schulman (A.) Inc
SHLM
$29.9M 1.93%
801,602
– –
2017 Q3
1 quarter
BFH icon
14
CALL
Bread Financial
BFH
$3.93B
$26.6M 1.72%
+131,565
New +$24.4M
2017 Q4
0 quarters
RF icon
15
Regions Financial
RF
$23B
$25.1M 1.62%
+1,451,245
New +$23.2M
2017 Q4
0 quarters
NTRS icon
16
CALL
Northern Trust
NTRS
$30.6B
$25M 1.61%
+250,000
New +$23.8M
2017 Q4
0 quarters
CSTM icon
17
Constellium
CSTM
$3.49B
$25M 1.61%
2,239,342
+426,478
+24% +$4.54M
2017 Q3
1 quarter
NXST icon
18
Nexstar Media Group
NXST
$4.95B
$23.1M 1.49%
295,113
-174,737
-37% -$11.7M
2015 Q4
8 quarters
XLP icon
19
PUT
State Street Consumer Staples Select Sector SPDR ETF
XLP
$14.1B
$22.8M 1.47%
400,000
+100,000
+33% +$5.5M
2017 Q3
1 quarter
FLXN icon
20
DELISTED
Flexion Therapeutics, Inc.
FLXN
$22.2M 1.43%
886,220
+2,899
+0.3% +$71K
2014 Q1
15 quarters
SAGE icon
21
DELISTED
Sage Therapeutics
SAGE
$21.5M 1.39%
+130,516
New +$12.7M
2017 Q4
0 quarters
SLM icon
22
SLM Corp
SLM
$4.27B
$21.3M 1.37%
+1,881,714
New +$20.6M
2017 Q4
0 quarters
META icon
23
Meta Platforms (Facebook)
META
$1.94T
$19.1M 1.23%
108,128
-71,630
-40% -$12.7M
2016 Q4
4 quarters
CCEP icon
24
Coca-Cola Europacific Partners
CCEP
$46.3B
$19M 1.23%
476,962
-820,617
-63% -$32.8M
2017 Q1
3 quarters
ELV icon
25
Elevance Health
ELV
$92.2B
$18.4M 1.18%
+81,619
New +$17.4M
2017 Q4
0 quarters
1
2 3 4 5

Similar funds

PHP
Parkman Healthcare Partners Stamford, Connecticut $977M AUM 110.37% 1-Year Est. Return
ACM
Arini Captial Management London, United Kingdom $975M AUM
FM
Family Management New York $975M AUM 23.16% 1-Year Est. Return
PFGIA
Patriot Financial Group Insurance Agency Westborough, Massachusetts $974M AUM 29.77% 1-Year Est. Return
PAMI
Perseverance Asset Management International George Town, Cayman Islands $979M AUM 50.58% 1-Year Est. Return
SI
Seeds Investor New York $973M AUM 33.7% 1-Year Est. Return
ZI
ZEGA Investments Palm Beach Gardens, Florida $973M AUM 27.27% 1-Year Est. Return
RIA
RPG Investment Advisory Pleasanton, California $973M AUM 39.93% 1-Year Est. Return

Kingdon Capital Management's Q4 2017 Portfolio in Review

As of Q4 2017, Kingdon Capital Management held 160 positions worth $1.55B, up 1.1% from $1.53B the previous quarter. Its ten largest holdings account for 34% of the portfolio.

Kingdon Capital Management withdrew a net $259M in Q4 2017, closing 49 positions and reducing 30 holdings. Its most notable exit was TAL Education Group, an estimated $22.5M position sold in full.

By sector, the portfolio is most concentrated in Miscellaneous at 31% of assets, up from 24% a quarter earlier, followed by Technology and Healthcare.

Against the trend, Kingdon Capital Management opened a new position in Regions Financial worth $25.1M.

  • Kingdon Capital Management's largest Q4 2017 buy was Regions Financial: 1,451,245 shares worth $25.1M.
  • Kingdon Capital Management added most to Altaba Inc in Q4 2017, an estimated $47.7M increase.
  • Kingdon Capital Management's biggest Q4 2017 reduction was Coca-Cola Europacific Partners, cutting an estimated $32.8M.
  • Kingdon Capital Management fully exited TAL Education Group in Q4 2017, selling an estimated $22.5M.
  • Kingdon Capital Management's ten largest holdings make up 34% of its $1.55B portfolio in Q4 2017.
  • Kingdon Capital Management opened 41 new positions and closed 49 in Q4 2017.
  • Kingdon Capital Management's portfolio value rose 1.1% quarter-over-quarter to $1.55B.

Based on Kingdon Capital Management's 13F filing for Q4 2017, filed 14 Feb 2018.