M&R Capital Management Portfolio holdings

M&R Capital Management's Q2 2016 Portfolio in Review

As of Q2 2016, M&R Capital Management held 578 positions worth $342M, up 2.8% from $332M the previous quarter. Its ten largest holdings account for 27% of the portfolio.

M&R Capital Management deployed $40.9M of net new capital in Q2 2016, opening 393 new positions and adding to 86 existing holdings. Its largest new stake was Berkshire Hathaway Class B: 80,680 shares worth $11.7M.

By sector, the portfolio is most concentrated in Financials at 21% of assets, up from 17% a quarter earlier, followed by Healthcare and Communication Services.

On the sell side, the largest reduction was Express Scripts Holding Company, an estimated $8.16M trimmed.

• M&R Capital Management's largest Q2 2016 buy was Berkshire Hathaway Class B: 80,680 shares worth $11.7M.
• M&R Capital Management added most to Johnson & Johnson in Q2 2016, an estimated $5.54M increase.
• M&R Capital Management's biggest Q2 2016 reduction was Express Scripts Holding Company, cutting an estimated $8.16M.
• M&R Capital Management fully exited MORGAN STANLEY CAPITAL TRUST III in Q2 2016, selling an estimated $4.18M.
• M&R Capital Management's ten largest holdings make up 27% of its $342M portfolio in Q2 2016.
• M&R Capital Management opened 393 new positions and closed 32 in Q2 2016.
• M&R Capital Management's portfolio value rose 2.8% quarter-over-quarter to $342M.

Based on M&R Capital Management's 13F filing for Q2 2016, filed 10 Aug 2016.