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
+5.41%
1 Year Est. Return
+7.96%
3 Year Est. Return
+43.27%
5 Year Est. Return
+41.1%
10 Year Est. Return
–
AUM
$190M
AUM Growth
+$1.2M
(+0.64%)
Cap. Flow
-$6.37M
Cap. Flow
% of AUM
-3.36%
Top 10 Holdings %
Top 10 Hldgs %
17.37%
Holding
131
New
7
Increased
7
Reduced
1
Closed
10
Avg Time Held
1.9
years
Top 10 Avg Time Held
0.6
years
Top 20 Avg Time Held
0.7
years
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Synchrony
SYF
|
+$1.94M |
| 2 |
KLA
KLAC
|
+$1.81M |
| 3 |
InterDigital
IDCC
|
+$1.72M |
| 4 |
Hanesbrands
HBI
|
+$1.7M |
| 5 |
Tractor Supply
TSCO
|
+$1.63M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
ILG
ILG, Inc Common Stock
ILG
|
+$3.41M |
| 2 |
Sherwin-Williams
SHW
|
+$2.98M |
| 3 |
Ubiquiti
UI
|
+$2.44M |
| 4 |
Southern Company
SO
|
+$2.27M |
| 5 |
SNI
Scripps Networks Interactive, Inc Common Class A
SNI
|
+$2.25M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 20.46% |
| 2 | Technology | 16.57% |
| 3 | Consumer Discretionary | 15.41% |
| 4 | Materials | 12.29% |
| 5 | Industrials | 12.23% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
MON
51
DELISTED
Monsanto Co
MON
| $1.8M | 0.95% |
15,000
| – | – |
2014 Q4
11 quarters
|
|
|
52
DELISTED
Hanesbrands
HBI
| $1.75M | 0.92% |
+71,000
| New | +$1.7M |
2017 Q3
0 quarters
|
|
|
53
InterDigital
IDCC
$8.41B
| $1.73M | 0.91% |
+23,500
| New | +$1.72M |
2017 Q3
0 quarters
|
|
54
Capital One
COF
$119B
| $1.71M | 0.9% |
20,200
| – | – |
2014 Q1
14 quarters
|
|
55
TSMC
TSM
$2.23T
| $1.69M | 0.89% |
45,000
| – | – |
2017 Q1
2 quarters
|
|
56
Newmont
NEM
$118B
| $1.69M | 0.89% |
45,000
| – | – |
2013 Q2
17 quarters
|
|
57
Dollar General
DG
$28.7B
| $1.67M | 0.88% |
20,600
| – | – |
2016 Q4
3 quarters
|
|
58
Texas Instruments
TXN
$256B
| $1.66M | 0.87% |
18,500
| – | – |
2016 Q1
6 quarters
|
|
59
Southwest Airlines
LUV
$19.2B
| $1.62M | 0.86% |
29,000
| – | – |
2016 Q1
6 quarters
|
|
60
Grand Canyon Education
LOPE
$4.18B
| $1.59M | 0.84% |
17,500
| – | – |
2016 Q3
4 quarters
|
|
61
Agnico Eagle Mines
AEM
$89.6B
| $1.58M | 0.83% |
35,000
| – | – |
2013 Q3
16 quarters
|
|
62
Walt Disney
DIS
$188B
| $1.58M | 0.83% |
16,000
| – | – |
2016 Q4
3 quarters
|
|
63
Signet Jewelers
SIG
$4.14B
| $1.57M | 0.83% |
23,650
| – | – |
2016 Q4
3 quarters
|
|
64
Alamos Gold
AGI
$12.8B
| $1.52M | 0.8% |
225,000
| – | – |
2013 Q2
17 quarters
|
|
|
WBK
65
DELISTED
Westpac Banking Corporation
WBK
| $1.51M | 0.8% |
60,000
| – | – |
2013 Q4
15 quarters
|
|
66
DELISTED
Randgold Resources Ltd
GOLD
| $1.47M | 0.77% |
15,000
| – | – |
2014 Q3
12 quarters
|
|
|
ANDV
67
DELISTED
Andeavor
ANDV
| $1.44M | 0.76% |
13,998
| – | – |
2017 Q2
1 quarter
|
|
68
Johnson & Johnson
JNJ
$612B
| $1.43M | 0.75% |
11,000
| – | – |
2013 Q2
17 quarters
|
|
69
Ameriprise Financial
AMP
$43.8B
| $1.43M | 0.75% |
9,600
| – | – |
2015 Q4
7 quarters
|
|
70
DELISTED
Discover Financial Services
DFS
| $1.42M | 0.75% |
22,000
| – | – |
2016 Q1
6 quarters
|
|
71
SPDR Gold Trust
GLD
$139B
| $1.41M | 0.74% |
11,600
| – | – |
2013 Q2
17 quarters
|
|
72
Rio Tinto
RIO
$148B
| $1.4M | 0.74% |
29,749
| – | – |
2013 Q2
17 quarters
|
|
73
Eaton
ETN
$159B
| $1.38M | 0.73% |
18,000
| – | – |
2016 Q1
6 quarters
|
|
74
Invesco
IVZ
$12.3B
| $1.37M | 0.72% |
39,000
| – | – |
2015 Q1
10 quarters
|
|
75
Hexcel
HXL
$6.64B
| $1.35M | 0.71% |
23,500
| – | – |
2016 Q1
6 quarters
|
|
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Midas Management's Q3 2017 Portfolio in Review
As of Q3 2017, Midas Management held 131 positions worth $190M, up 0.64% from $188M the previous quarter. Its ten largest holdings account for 17% of the portfolio.
Midas Management withdrew a net $6.37M in Q3 2017, closing 10 positions and reducing 1 holding. Its most notable exit was ILG, Inc Common Stock, an estimated $3.41M position sold in full.
By sector, the portfolio is most concentrated in Financials at 20% of assets, up from 18% a quarter earlier, followed by Technology and Consumer Discretionary.
Against the trend, Midas Management opened a new position in Synchrony worth $2.02M.
- Midas Management's largest Q3 2017 buy was Synchrony: 65,000 shares worth $2.02M.
- Midas Management added most to Transocean in Q3 2017, an estimated $542K increase.
- Midas Management's biggest Q3 2017 reduction was AngloGold Ashanti, cutting an estimated $101K.
- Midas Management fully exited ILG, Inc Common Stock in Q3 2017, selling an estimated $3.41M.
- Midas Management's ten largest holdings make up 17% of its $190M portfolio in Q3 2017.
- Midas Management opened 7 new positions and closed 10 in Q3 2017.
- Midas Management's portfolio value rose 0.64% quarter-over-quarter to $190M.
Based on Midas Management's 13F filing for Q3 2017, filed 18 Oct 2017.