MM
Midas Management Portfolio holdings
AUM
$231M
Turnover
15.57%
1-Year Est. Return
7.96%
This Fund
S&P 500
This Quarter
Est. Return
-9.38%
1 Year Est. Return
+7.96%
3 Year Est. Return
+43.27%
5 Year Est. Return
+41.1%
10 Year Est. Return
–
AUM
$155M
AUM Growth
-$30.7M
(-17%)
Cap. Flow
-$12M
Cap. Flow
% of AUM
-7.72%
Top 10 Holdings %
Top 10 Hldgs %
18.88%
Holding
127
New
2
Increased
4
Reduced
8
Closed
6
Avg Time Held
1.5
years
Top 10 Avg Time Held
0.9
years
Top 20 Avg Time Held
0.9
years
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
BXLT
BAXALTA INC COM STK (DE)
BXLT
|
+$932K |
| 2 |
Alamos Gold
AGI
|
+$501K |
| 3 |
Franco-Nevada
FNV
|
+$431K |
| 4 |
Eldorado Gold
EGO
|
+$333K |
| 5 |
Newmont
NEM
|
+$250K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Juniper Networks
JNPR
|
+$2.36M |
| 2 |
Philips
PHG
|
+$2.19M |
| 3 |
CTRX
CATAMARAN CORP COM STK (CDA)
CTRX
|
+$1.99M |
| 4 |
VIAB
Viacom Inc. Class B
VIAB
|
+$1.68M |
| 5 |
Mastercard
MA
|
+$1.41M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 20.83% |
| 2 | Healthcare | 13.49% |
| 3 | Industrials | 12.15% |
| 4 | Consumer Staples | 10.21% |
| 5 | Materials | 9.21% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
26
Avnet
AVT
$7.88B
| $1.75M | 1.13% |
41,000
| – | – |
2015 Q1
2 quarters
|
|
27
Blackstone
BX
$79.7B
| $1.74M | 1.12% |
56,045
| – | – |
2014 Q4
3 quarters
|
|
28
AGCO
AGCO
$7.48B
| $1.73M | 1.11% |
37,000
| – | – |
2014 Q3
4 quarters
|
|
29
Quest Diagnostics
DGX
$25.8B
| $1.72M | 1.11% |
28,000
| – | – |
2014 Q1
6 quarters
|
|
30
Walmart Inc
WMT
$922B
| $1.72M | 1.11% |
79,500
| – | – |
2013 Q2
9 quarters
|
|
31
PepsiCo
PEP
$176B
| $1.7M | 1.09% |
18,000
| – | – |
2013 Q2
9 quarters
|
|
32
Amgen
AMGN
$230B
| $1.67M | 1.08% |
12,100
| – | – |
2013 Q2
9 quarters
|
|
33
IBM
IBM
$215B
| $1.65M | 1.07% |
11,924
-2,040
| -15% | -$301K |
2014 Q4
3 quarters
|
|
34
Western Union
WU
$1.89B
| $1.65M | 1.07% |
90,000
| – | – |
2014 Q3
4 quarters
|
|
35
McCormick & Company Non-Voting
MKC
$12.1B
| $1.64M | 1.06% |
40,000
| – | – |
2013 Q4
7 quarters
|
|
36
ExxonMobil
XOM
$728B
| $1.64M | 1.05% |
22,000
| – | – |
2015 Q1
2 quarters
|
|
37
Ford
F
$48.1B
| $1.63M | 1.05% |
120,000
| – | – |
2014 Q1
6 quarters
|
|
38
Oracle
ORCL
$396B
| $1.63M | 1.05% |
45,000
| – | – |
2013 Q4
7 quarters
|
|
39
US Bancorp
USB
$87.7B
| $1.6M | 1.03% |
39,000
| – | – |
2013 Q2
9 quarters
|
|
40
Procter & Gamble
PG
$364B
| $1.58M | 1.02% |
22,000
-2,900
| -12% | -$217K |
2013 Q2
9 quarters
|
|
41
Phillips 66
PSX
$119B
| $1.57M | 1.02% |
20,500
| – | – |
2014 Q3
4 quarters
|
|
42
Exelon
EXC
$43.9B
| $1.53M | 0.99% |
72,203
| – | – |
2013 Q2
9 quarters
|
|
43
Welltower
WELL
$167B
| $1.52M | 0.98% |
22,500
| – | – |
2013 Q4
7 quarters
|
|
44
DELISTED
Unilever NV New York Registry Shares
UN
| $1.51M | 0.97% |
37,500
| – | – |
2014 Q4
3 quarters
|
|
45
American Express
AXP
$207B
| $1.48M | 0.96% |
20,000
| – | – |
2015 Q1
2 quarters
|
|
46
Loews
L
$22.3B
| $1.48M | 0.96% |
41,000
| – | – |
2014 Q4
3 quarters
|
|
|
TWX
47
DELISTED
Time Warner Inc
TWX
| $1.47M | 0.95% |
21,400
| – | – |
2013 Q2
9 quarters
|
|
48
Alphabet (Google) Class C
GOOG
$4.2T
| $1.47M | 0.95% |
46,000
| – | – |
2014 Q3
4 quarters
|
|
49
Capital One
COF
$119B
| $1.47M | 0.94% |
20,200
| – | – |
2014 Q1
6 quarters
|
|
50
The Gap Inc
GAP
$7.96B
| $1.46M | 0.94% |
51,350
| – | – |
2014 Q4
3 quarters
|
|
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Midas Management's Q3 2015 Portfolio in Review
As of Q3 2015, Midas Management held 127 positions worth $155M, down 17% from $186M the previous quarter. Its ten largest holdings account for 19% of the portfolio.
Midas Management withdrew a net $12M in Q3 2015, closing 6 positions and reducing 8 holdings. Its most notable exit was Juniper Networks, an estimated $2.36M position sold in full.
By sector, the portfolio is most concentrated in Financials at 21% of assets, down from 21% a quarter earlier, followed by Healthcare and Industrials.
Against the trend, Midas Management opened a new position in BAXALTA INC COM STK (DE) worth $851K.
- Midas Management's largest Q3 2015 buy was BAXALTA INC COM STK (DE): 27,000 shares worth $851K.
- Midas Management added most to Alamos Gold in Q3 2015, an estimated $501K increase.
- Midas Management's biggest Q3 2015 reduction was Mastercard, cutting an estimated $1.41M.
- Midas Management fully exited Juniper Networks in Q3 2015, selling an estimated $2.36M.
- Midas Management's ten largest holdings make up 19% of its $155M portfolio in Q3 2015.
- Midas Management opened 2 new positions and closed 6 in Q3 2015.
- Midas Management's portfolio value fell 17% quarter-over-quarter to $155M.
Based on Midas Management's 13F filing for Q3 2015, filed 19 Oct 2015.