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
Cap. Flow
-$12M
Cap. Flow %
-7.72%
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
AGI icon
Alamos Gold
AGI
+$501K
3
FNV icon
Franco-Nevada
FNV
+$431K
4
EGO icon
Eldorado Gold
EGO
+$333K
5
NEM icon
Newmont
NEM
+$250K

Top Sells

Rank Stock Value
1
JNPR icon
Juniper Networks
JNPR
+$2.36M
2
PHG icon
Philips
PHG
+$2.19M
3
CTRX
CATAMARAN CORP COM STK (CDA)
CTRX
+$1.99M
4
VIAB
Viacom Inc. Class B
VIAB
+$1.68M
5
MA icon
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
MOS icon
76
The Mosaic Company
MOS
$6.04B
$1.09M 0.7%
35,000
– –
2014 Q4
3 quarters
LUMN icon
77
Lumen Technologies, Inc. Common Stock
LUMN
$4.69B
$1.08M 0.7%
43,000
– –
2013 Q2
9 quarters
QCOM icon
78
Qualcomm
QCOM
$184B
$1.07M 0.69%
20,000
– –
2013 Q2
9 quarters
CPN
79
DELISTED
Calpine Corporation
CPN
$1.02M 0.66%
70,000
– –
2014 Q4
3 quarters
EPD icon
80
Enterprise Products Partners
EPD
$77.3B
$996K 0.64%
40,000
– –
2013 Q2
9 quarters
DBRG icon
81
DELISTED
DigitalBridge
DBRG
$934K 0.6%
16,250
– –
2014 Q3
4 quarters
POT
82
DELISTED
Potash Corp Of Saskatchewan
POT
$925K 0.6%
45,000
– –
2013 Q4
7 quarters
JPM icon
83
JPMorgan Chase
JPM
$890B
$915K 0.59%
15,000
-4,400
-23% -$288K
2013 Q2
9 quarters
BAX icon
84
Baxter International
BAX
$12.8B
$887K 0.57%
27,000
-22,707
-46% -$860K
2013 Q2
9 quarters
AEM icon
85
Agnico Eagle Mines
AEM
$89.6B
$886K 0.57%
35,000
+9,288
+36% +$226K
2013 Q3
8 quarters
GOLD icon
86
DELISTED
Randgold Resources Ltd
GOLD
$886K 0.57%
15,099
– –
2014 Q3
4 quarters
BXLT
87
DELISTED
BAXALTA INC COM STK (DE)
BXLT
$851K 0.55%
+27,000
New +$932K
2015 Q3
0 quarters
AGI icon
88
Alamos Gold
AGI
$12.8B
$830K 0.54%
225,000
+125,000
+125% +$501K
2013 Q2
9 quarters
DOV icon
89
Dover
DOV
$26B
$772K 0.5%
16,713
– –
2013 Q2
9 quarters
EGO icon
90
Eldorado Gold
EGO
$8.98B
$725K 0.47%
45,000
+20,000
+80% +$333K
2013 Q2
9 quarters
NEM icon
91
Newmont
NEM
$118B
$723K 0.47%
45,000
+13,950
+45% +$250K
2013 Q2
9 quarters
ATCO
92
DELISTED
Atlas Corp.
ATCO
$703K 0.45%
45,875
-4,125
-8% -$72.2K
2013 Q2
9 quarters
GG
93
DELISTED
Goldcorp Inc
GG
$689K 0.44%
55,000
– –
2013 Q2
9 quarters
BHP icon
94
BHP
BHP
$212B
$658K 0.42%
23,317
– –
2013 Q2
9 quarters
BEN icon
95
Franklin Templeton
BEN
$15.5B
$559K 0.36%
15,000
– –
2014 Q3
4 quarters
MAT icon
96
Mattel
MAT
$4.76B
$527K 0.34%
25,000
– –
2013 Q2
9 quarters
ESRX
97
DELISTED
Express Scripts Holding Company
ESRX
$526K 0.34%
6,500
– –
2014 Q3
4 quarters
AU icon
98
AngloGold Ashanti
AU
$44.9B
$450K 0.29%
55,000
– –
2013 Q2
9 quarters
FNV icon
99
Franco-Nevada
FNV
$45.3B
$440K 0.28%
+10,000
New +$431K
2015 Q3
0 quarters
JOY
100
DELISTED
Joy Global Inc
JOY
$411K 0.27%
27,500
– –
2013 Q4
7 quarters
2 3
4
5 6

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FAM
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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.