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
-3.39%
1 Year Est. Return
+7.96%
3 Year Est. Return
+43.27%
5 Year Est. Return
+41.1%
10 Year Est. Return
–
AUM
$180M
AUM Growth
+$24.9M
(+16%)
Cap. Flow
+$32M
Cap. Flow
% of AUM
17.79%
Top 10 Holdings %
Top 10 Hldgs %
16.7%
Holding
146
New
41
Increased
17
Reduced
4
Closed
8
Avg Time Held
0.7
years
Top 10 Avg Time Held
0.6
years
Top 20 Avg Time Held
0.5
years
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Canadian Natural Resources
CNQ
|
+$3.2M |
| 2 |
KBAL
Kimball International
KBAL
|
+$2.31M |
| 3 |
Orange
ORAN
|
+$2.28M |
| 4 |
Rayonier Advanced Materials
RYAM
|
+$2.28M |
| 5 |
C.H. Robinson
CHRW
|
+$2.07M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Extra Space Storage
EXR
|
+$1.06M |
| 2 |
NRF
NorthStar Realty Finance Corp.
NRF
|
+$1M |
| 3 |
LSI
Life Storage, Inc.
LSI
|
+$927K |
| 4 |
Freeport-McMoran
FCX
|
+$908K |
| 5 |
CubeSmart
CUBE
|
+$733K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 15.96% |
| 2 | Energy | 14.48% |
| 3 | Industrials | 12.11% |
| 4 | Materials | 11.68% |
| 5 | Healthcare | 11.41% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
76
DELISTED
DigitalBridge
DBRG
| $1.2M | 0.67% |
+16,250
| New | +$1.22M |
2014 Q3
0 quarters
|
|
77
JPMorgan Chase
JPM
$890B
| $1.17M | 0.65% |
19,400
| – | – |
2013 Q2
5 quarters
|
|
78
Rithm Capital
RITM
$4.66B
| $1.17M | 0.65% |
100,000
| – | – |
2013 Q2
5 quarters
|
|
79
Newmont
NEM
$118B
| $1.15M | 0.64% |
50,000
| – | – |
2013 Q2
5 quarters
|
|
|
NRF
80
DELISTED
NorthStar Realty Finance Corp.
NRF
| $1.15M | 0.64% |
32,500
-28,610
| -47% | -$1M |
2014 Q2
1 quarter
|
|
81
AGCO
AGCO
$7.48B
| $1.14M | 0.63% |
+25,000
| New | +$1.24M |
2014 Q3
0 quarters
|
|
82
Pfizer
PFE
$166B
| $1.12M | 0.62% |
39,972
| – | – |
2013 Q2
5 quarters
|
|
83
Dover
DOV
$26B
| $1.08M | 0.6% |
16,713
| – | – |
2013 Q2
5 quarters
|
|
84
Transocean
RIG
$6.23B
| $1.08M | 0.6% |
33,700
| – | – |
2014 Q1
2 quarters
|
|
|
ATCO
85
DELISTED
Atlas Corp.
ATCO
| $1.07M | 0.6% |
50,000
| – | – |
2013 Q2
5 quarters
|
|
86
Campbell Soup
CPB
$5.7B
| $1.07M | 0.59% |
25,000
| – | – |
2013 Q2
5 quarters
|
|
87
DELISTED
Randgold Resources Ltd
GOLD
| $1.01M | 0.56% |
+15,222
| New | +$1.23M |
2014 Q3
0 quarters
|
|
88
Target
TGT
$70.6B
| $1M | 0.56% |
16,000
| – | – |
2013 Q2
5 quarters
|
|
89
Santander
BSBR
$41.9B
| $974K | 0.54% |
155,556
| – | – |
2014 Q1
2 quarters
|
|
90
Carnival Corporation Ltd
CCL
$34.9B
| $956K | 0.53% |
23,800
| – | – |
2013 Q2
5 quarters
|
|
|
PBCT
91
DELISTED
People's United Financial Inc
PBCT
| $868K | 0.48% |
+60,000
| New | +$891K |
2014 Q3
0 quarters
|
|
92
Entergy
ETR
$49.9B
| $851K | 0.47% |
22,000
| – | – |
2013 Q2
5 quarters
|
|
93
Eldorado Gold
EGO
$8.98B
| $843K | 0.47% |
25,000
| – | – |
2013 Q2
5 quarters
|
|
94
ConocoPhillips
COP
$171B
| $842K | 0.47% |
11,000
| – | – |
2013 Q2
5 quarters
|
|
95
Philip Morris
PM
$320B
| $834K | 0.46% |
10,000
| – | – |
2013 Q2
5 quarters
|
|
96
Franklin Templeton
BEN
$15.5B
| $819K | 0.46% |
+15,000
| New | +$840K |
2014 Q3
0 quarters
|
|
|
97
Freeport-McMoran
FCX
$100B
| $816K | 0.45% |
25,000
-25,000
| -50% | -$908K |
2013 Q2
5 quarters
|
|
98
Alamos Gold
AGI
$12.8B
| $799K | 0.44% |
100,000
| – | – |
2013 Q2
5 quarters
|
|
99
Suncor Energy
SU
$88.8B
| $788K | 0.44% |
21,800
| – | – |
2014 Q1
2 quarters
|
|
100
Mattel
MAT
$4.76B
| $766K | 0.43% |
25,000
| – | – |
2013 Q2
5 quarters
|
|
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Midas Management's Q3 2014 Portfolio in Review
As of Q3 2014, Midas Management held 146 positions worth $180M, up 16% from $155M the previous quarter. Its ten largest holdings account for 17% of the portfolio.
Midas Management deployed $32M of net new capital in Q3 2014, opening 41 new positions and adding to 17 existing holdings. Its largest new stake was Canadian Natural Resources: 155,141 shares worth $2.91M.
By sector, the portfolio is most concentrated in Financials at 16% of assets, up from 12% a quarter earlier, followed by Energy and Industrials.
On the sell side, the largest reduction was NorthStar Realty Finance Corp., an estimated $1M trimmed.
- Midas Management's largest Q3 2014 buy was Canadian Natural Resources: 155,141 shares worth $2.91M.
- Midas Management added most to Wells Fargo in Q3 2014, an estimated $617K increase.
- Midas Management's biggest Q3 2014 reduction was NorthStar Realty Finance Corp., cutting an estimated $1M.
- Midas Management fully exited Extra Space Storage in Q3 2014, selling an estimated $1.06M.
- Midas Management's ten largest holdings make up 17% of its $180M portfolio in Q3 2014.
- Midas Management opened 41 new positions and closed 8 in Q3 2014.
- Midas Management's portfolio value rose 16% quarter-over-quarter to $180M.
Based on Midas Management's 13F filing for Q3 2014, filed 14 Nov 2014.