We are live on
!
Find out more
MCM
Masters Capital Management Portfolio holdings
AUM
$3.03B
1-Year Est. Return
57.21%
This Fund
S&P 500
This Quarter
Est. Return
-23.25%
1 Year Est. Return
+57.21%
3 Year Est. Return
+118.82%
5 Year Est. Return
+120.72%
10 Year Est. Return
+600.65%
AUM
$1.84B
AUM Growth
-$2.21B
(-55%)
Cap. Flow
-$1.89B
Cap. Flow
% of AUM
-102.96%
Top 10 Holdings %
Top 10 Hldgs %
50.51%
Holding
92
New
17
Increased
13
Reduced
8
Closed
40
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Citigroup
C
|
+$50.7M |
| 2 |
First Solar
FSLR
|
+$26.3M |
| 3 |
CRC
California Resources Corporation
CRC
|
+$25.6M |
| 4 |
GE Aerospace
GE
|
+$18.8M |
| 5 |
STI
SunTrust Banks, Inc.
STI
|
+$18M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Verizon
VZ
|
+$56.7M |
| 2 |
MetLife
MET
|
+$38.6M |
| 3 |
AT&T
T
|
+$30.8M |
| 4 |
BLUE
bluebird bio
BLUE
|
+$30.7M |
| 5 |
Vale
VALE
|
+$28.6M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 6.21% |
| 2 | Industrials | 5.28% |
| 3 | Technology | 4.15% |
| 4 | Consumer Discretionary | 3.08% |
| 5 | Materials | 2.39% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
CALL
Tesla
TSLA
$1.24T
| $200M | 10.86% |
9,000,000
+1,500,000
| +20% | +$32.3M |
|
2
PUT
iShares 20+ Year Treasury Bond ETF
TLT
$42.1B
| $122M | 6.61% |
1,000,000
-1,000,000
| -50% | -$116M |
|
|
3
CALL
Citigroup
C
$222B
| $104M | 5.66% |
2,000,000
| – | – |
|
4
CALL
General Motors
GM
$74.7B
| $100M | 5.46% |
3,000,000
| – | – |
|
5
CALL
Delta Air Lines
DAL
$55.9B
| $99.8M | 5.43% |
2,000,000
+1,000,000
| +100% | +$54.5M |
|
6
CALL
iShares MSCI Emerging Markets ETF
EEM
$28B
| $78.1M | 4.25% |
+2,000,000
| New | +$80.1M |
|
7
CALL
American Airlines Group
AAL
$9.58B
| $64.2M | 3.49% |
2,000,000
-1,000,000
| -33% | -$34.8M |
|
|
8
CALL
AT&T
T
$165B
| $57.1M | 3.11% |
2,649,324
-2,648,000
| -50% | -$61.6M |
|
9
CALL
State Street SPDR S&P Metals & Mining ETF
XME
$4.05B
| $52.4M | 2.85% |
+2,000,000
| New | +$60.4M |
|
10
CALL
United Rentals
URI
$71.1B
| $51.3M | 2.79% |
+500,000
| New | +$60.2M |
|
|
11
Delta Air Lines
DAL
$55.9B
| $49.9M | 2.71% |
1,000,000
| – | – |
|
|
12
CALL
First Solar
FSLR
$21.8B
| $42.5M | 2.31% |
+1,000,000
| New | +$43.9M |
|
|
13
CALL
Verizon
VZ
$194B
| $42.2M | 2.29% |
750,000
-1,250,000
| -63% | -$70.9M |
|
|
14
Citigroup
C
$222B
| $41.6M | 2.27% |
+800,000
| New | +$50.7M |
|
|
15
CALL
MetLife
MET
$61B
| $41.1M | 2.23% |
1,000,000
| – | – |
|
|
CRC
16
CALL
DELISTED
California Resources Corporation
CRC
| $34.1M | 1.85% |
2,000,000
+1,900,000
| +1,900% | +$54.1M |
|
|
17
General Motors
GM
$74.7B
| $33.5M | 1.82% |
1,000,000
| – | – |
|
|
18
American Airlines Group
AAL
$9.58B
| $32.1M | 1.75% |
1,000,000
| – | – |
|
|
CRC
19
DELISTED
California Resources Corporation
CRC
| $30.7M | 1.67% |
1,800,000
+900,000
| +100% | +$25.6M |
|
20
CALL
Brighthouse Financial
BHF
$3.63B
| $30.5M | 1.66% |
1,000,000
| – | – |
|
|
21
Brighthouse Financial
BHF
$3.63B
| $30.5M | 1.66% |
1,000,000
| – | – |
|
22
CALL
Corning
GLW
$126B
| $30.2M | 1.64% |
1,000,000
+500,000
| +100% | +$16M |
|
23
CALL
Marathon Petroleum
MPC
$90.3B
| $29.5M | 1.61% |
+500,000
| New | +$34.1M |
|
24
Banco Santander
SAN
$194B
| $26.9M | 1.46% |
6,260,870
-3,130,434
| -33% | -$14.2M |
|
25
CALL
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.42B
| $26.5M | 1.44% |
+250,000
| New | +$34.9M |
|
Similar funds
CM
JIC
CFM
SM
TAM
MB
KIA
MCM
Masters Capital Management's Q4 2018 Portfolio in Review
As of Q4 2018, Masters Capital Management held 92 positions worth $1.84B, down 55% from $4.05B the previous quarter. Its ten largest holdings account for 51% of the portfolio.
Masters Capital Management withdrew a net $1.89B in Q4 2018, closing 40 positions and reducing 8 holdings. Its most notable exit was Verizon, an estimated $56.7M position sold in full.
By sector, the portfolio is most concentrated in Financials at 6.2% of assets, up from 3.2% a quarter earlier, followed by Industrials and Technology.
Against the trend, Masters Capital Management opened a new position in Citigroup worth $41.6M.
- Masters Capital Management's largest Q4 2018 buy was Citigroup: 800,000 shares worth $41.6M.
- Masters Capital Management added most to California Resources Corporation in Q4 2018, an estimated $25.6M increase.
- Masters Capital Management's biggest Q4 2018 reduction was Banco Santander, cutting an estimated $14.2M.
- Masters Capital Management fully exited Verizon in Q4 2018, selling an estimated $56.7M.
- Masters Capital Management's ten largest holdings make up 51% of its $1.84B portfolio in Q4 2018.
- Masters Capital Management opened 17 new positions and closed 40 in Q4 2018.
- Masters Capital Management's portfolio value fell 55% quarter-over-quarter to $1.84B.
Based on Masters Capital Management's 13F filing for Q4 2018, filed 12 Feb 2019.