We are live on
!
Find out more
MCM
Melvin Capital Management Portfolio holdings
AUM
$9.86B
1-Year Est. Return
16.31%
This Fund
S&P 500
This Quarter
Est. Return
-19.66%
1 Year Est. Return
+16.31%
3 Year Est. Return
+156.45%
5 Year Est. Return
+314.56%
10 Year Est. Return
–
AUM
$7.35B
AUM Growth
-$2.15B
(-23%)
Cap. Flow
-$520M
Cap. Flow
% of AUM
-7.07%
Top 10 Holdings %
Top 10 Hldgs %
41.48%
Holding
127
New
33
Increased
29
Reduced
19
Closed
45
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Adobe
ADBE
|
+$377M |
| 2 |
Las Vegas Sands
LVS
|
+$259M |
| 3 |
Amazon
AMZN
|
+$231M |
| 4 |
Align Technology
ALGN
|
+$221M |
| 5 |
PayPal
PYPL
|
+$184M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Microsoft
MSFT
|
+$300M |
| 2 |
Alibaba
BABA
|
+$296M |
| 3 |
Constellation Brands
STZ
|
+$190M |
| 4 |
Salesforce
CRM
|
+$170M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$165M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 21.68% |
| 2 | Technology | 13.92% |
| 3 | Communication Services | 10.35% |
| 4 | Financials | 10.06% |
| 5 | Consumer Staples | 7.75% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Constellation Brands
STZ
$22.5B
| $438M | 5.95% |
2,721,601
-957,233
| -26% | -$190M |
|
|
2
Adobe
ADBE
$105B
| $353M | 4.8% |
+1,559,928
| New | +$377M |
|
3
PagSeguro Digital
PAGS
$2.67B
| $323M | 4.39% |
17,243,691
+1,158,512
| +7% | +$28.4M |
|
|
4
PayPal
PYPL
$49.9B
| $318M | 4.33% |
3,783,655
+2,208,655
| +140% | +$184M |
|
|
5
Amazon
AMZN
$2.44T
| $299M | 4.07% |
3,982,780
+2,782,780
| +232% | +$231M |
|
6
Deere & Co
DE
$165B
| $277M | 3.77% |
1,858,638
+97,193
| +6% | +$14.2M |
|
7
Mastercard
MA
$498B
| $269M | 3.66% |
1,427,168
+529,165
| +59% | +$105M |
|
8
Netflix
NFLX
$307B
| $267M | 3.63% |
9,956,990
+2,358,740
| +31% | +$70.6M |
|
9
Electronic Arts
EA
$52.7B
| $257M | 3.49% |
3,252,616
-753,834
| -19% | -$69.2M |
|
|
10
Las Vegas Sands
LVS
$31.4B
| $249M | 3.38% |
+4,779,355
| New | +$259M |
|
11
IQVIA
IQV
$40.7B
| $247M | 3.36% |
2,124,158
+1,374,158
| +183% | +$166M |
|
|
FDC
12
DELISTED
First Data Corporation
FDC
| $224M | 3.05% |
13,275,983
+2,223,729
| +20% | +$43.4M |
|
13
Wynn Resorts
WYNN
$10.3B
| $223M | 3.04% |
2,256,919
-202,203
| -8% | -$21.8M |
|
14
Ferrari
RACE
$67.8B
| $198M | 2.69% |
1,991,398
+195,313
| +11% | +$21.9M |
|
|
15
Align Technology
ALGN
$12.9B
| $184M | 2.5% |
+876,215
| New | +$221M |
|
16
Restaurant Brands International
QSR
$26.2B
| $174M | 2.36% |
3,318,996
+1,353,996
| +69% | +$75.2M |
|
|
17
CALL
Restaurant Brands International
QSR
$26.2B
| $160M | 2.17% |
3,053,400
+2,753,400
| +918% | +$153M |
|
18
Visa
V
$677B
| $152M | 2.06% |
1,150,000
+425,000
| +59% | +$58.7M |
|
|
19
CALL
Adobe
ADBE
$105B
| $120M | 1.63% |
+531,000
| New | +$128M |
|
20
Spotify
SPOT
$108B
| $119M | 1.62% |
1,050,000
-469,683
| -31% | -$65.6M |
|
21
ServiceNow
NOW
$120B
| $111M | 1.51% |
3,125,000
+2,500,000
| +400% | +$88.7M |
|
|
22
CALL
Las Vegas Sands
LVS
$31.4B
| $104M | 1.41% |
+1,991,400
| New | +$108M |
|
23
Autodesk
ADSK
$51.8B
| $99.7M | 1.36% |
775,000
+450,000
| +138% | +$60.8M |
|
|
24
CALL
Wynn Resorts
WYNN
$10.3B
| $98.5M | 1.34% |
995,600
-800,300
| -45% | -$86.3M |
|
25
Laureate Education
LAUR
$5.38B
| $88.4M | 1.2% |
5,800,000
+600,000
| +12% | +$8.98M |
|
Similar funds
AF
PSUF
IA
SCC
BAM
ACI
ACM
PP
Melvin Capital Management's Q4 2018 Portfolio in Review
As of Q4 2018, Melvin Capital Management held 127 positions worth $7.35B, down 23% from $9.5B the previous quarter. Its ten largest holdings account for 41% of the portfolio.
Melvin Capital Management withdrew a net $520M in Q4 2018, closing 45 positions and reducing 19 holdings. Its most notable exit was Microsoft, an estimated $300M position sold in full.
By sector, the portfolio is most concentrated in Consumer Discretionary at 22% of assets, up from 17% a quarter earlier, followed by Technology and Communication Services.
Against the trend, Melvin Capital Management opened a new position in Adobe worth $353M.
- Melvin Capital Management's largest Q4 2018 buy was Adobe: 1,559,928 shares worth $353M.
- Melvin Capital Management added most to Amazon in Q4 2018, an estimated $231M increase.
- Melvin Capital Management's biggest Q4 2018 reduction was Constellation Brands, cutting an estimated $190M.
- Melvin Capital Management fully exited Microsoft in Q4 2018, selling an estimated $300M.
- Melvin Capital Management's ten largest holdings make up 41% of its $7.35B portfolio in Q4 2018.
- Melvin Capital Management opened 33 new positions and closed 45 in Q4 2018.
- Melvin Capital Management's portfolio value fell 23% quarter-over-quarter to $7.35B.
Based on Melvin Capital Management's 13F filing for Q4 2018, filed 14 Feb 2019.