M&R Capital Management Portfolio holdings

M&R Capital Management's Q4 2019 Portfolio in Review

As of Q4 2019, M&R Capital Management held 532 positions worth $445M, up 3.3% from $431M the previous quarter. Its ten largest holdings account for 32% of the portfolio.

M&R Capital Management withdrew a net $19.7M in Q4 2019, closing 34 positions and reducing 171 holdings. Its most notable exit was SunTrust Banks, Inc., an estimated $920K position sold in full.

By sector, the portfolio is most concentrated in Financials at 20% of assets, up from 20% a quarter earlier, followed by Communication Services and Technology.

Against the trend, M&R Capital Management opened a new position in Rithm Capital worth $186K.

• M&R Capital Management's largest Q4 2019 buy was Rithm Capital: 11,600 shares worth $186K.
• M&R Capital Management added most to Truist Financial in Q4 2019, an estimated $820K increase.
• M&R Capital Management's biggest Q4 2019 reduction was Applied Materials, cutting an estimated $2.92M.
• M&R Capital Management fully exited SunTrust Banks, Inc. in Q4 2019, selling an estimated $920K.
• M&R Capital Management's ten largest holdings make up 32% of its $445M portfolio in Q4 2019.
• M&R Capital Management opened 23 new positions and closed 34 in Q4 2019.
• M&R Capital Management's portfolio value rose 3.3% quarter-over-quarter to $445M.

Based on M&R Capital Management's 13F filing for Q4 2019, filed 7 Jan 2020.