Manifold Partners Portfolio holdings

Manifold Partners's Q1 2016 Portfolio in Review

As of Q1 2016, Manifold Partners held 105 positions worth $111M, down 1.8% from $113M the previous quarter. Its ten largest holdings account for 67% of the portfolio.

Manifold Partners withdrew a net $5.75M in Q1 2016, closing 68 positions and reducing 2 holdings. Its most notable exit was iShares Core US Aggregate Bond ETF, an estimated $11.1M position sold in full.

By sector, the portfolio is most concentrated in Miscellaneous at 88% of assets, down from 89% a quarter earlier, followed by Healthcare and Consumer Discretionary.

Against the trend, Manifold Partners opened a new position in SPDR Gold Trust worth $3.87M.

• Manifold Partners's largest Q1 2016 buy was SPDR Gold Trust: 32,917 shares worth $3.87M.
• Manifold Partners added most to iShares 20+ Year Treasury Bond ETF in Q1 2016, an estimated $8.05M increase.
• Manifold Partners's biggest Q1 2016 reduction was State Street SPDR S&P MIDCAP 400 ETF Trust, cutting an estimated $8.63M.
• Manifold Partners fully exited iShares Core US Aggregate Bond ETF in Q1 2016, selling an estimated $11.1M.
• Manifold Partners's ten largest holdings make up 67% of its $111M portfolio in Q1 2016.
• Manifold Partners opened 24 new positions and closed 68 in Q1 2016.
• Manifold Partners's portfolio value fell 1.8% quarter-over-quarter to $111M.

Based on Manifold Partners's 13F filing for Q1 2016, filed 2 Jun 2016.