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
+2.86%
1 Year Est. Return
+7.96%
3 Year Est. Return
+43.27%
5 Year Est. Return
+41.1%
10 Year Est. Return
–
AUM
$223M
AUM Growth
+$12.8M
(+6.1%)
Cap. Flow
+$9.47M
Cap. Flow
% of AUM
4.24%
Top 10 Holdings %
Top 10 Hldgs %
17.74%
Holding
133
New
16
Increased
12
Reduced
7
Closed
14
Avg Time Held
1.9
years
Top 10 Avg Time Held
0.5
years
Top 20 Avg Time Held
0.4
years
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Broadcom
AVGO
|
+$3.13M |
| 2 |
PACCAR
PCAR
|
+$2.45M |
| 3 |
Tyson Foods
TSN
|
+$2.44M |
| 4 |
British American Tobacco
BTI
|
+$2.29M |
| 5 |
Altria Group
MO
|
+$2.24M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Hanesbrands
HBI
|
+$3.37M |
| 2 |
SCG
Scana
SCG
|
+$3.17M |
| 3 |
Ford
F
|
+$2.8M |
| 4 |
Molson Coors Class B
TAP
|
+$2.62M |
| 5 |
EQM
EQM Midstream Partners, LP
EQM
|
+$2.3M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Industrials | 16.26% |
| 2 | Financials | 15.78% |
| 3 | Consumer Discretionary | 15.69% |
| 4 | Consumer Staples | 13.13% |
| 5 | Healthcare | 10.7% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
76
Cardinal Health
CAH
$57.4B
| $1.46M | 0.65% |
27,000
-4,000
| -13% | -$205K |
2016 Q4
7 quarters
|
|
77
Ameriprise Financial
AMP
$43.8B
| $1.42M | 0.64% |
9,600
| – | – |
2015 Q4
11 quarters
|
|
78
Johnson & Johnson
JNJ
$612B
| $1.31M | 0.59% |
9,500
-1,500
| -14% | -$199K |
2013 Q2
21 quarters
|
|
79
SPDR Gold Trust
GLD
$139B
| $1.31M | 0.59% |
11,600
| – | – |
2013 Q2
21 quarters
|
|
80
Newmont
NEM
$118B
| $1.3M | 0.58% |
43,000
-2,000
| -4% | -$67.7K |
2013 Q2
21 quarters
|
|
81
Tanger
SKT
$3.94B
| $1.29M | 0.58% |
56,250
| – | – |
2017 Q2
5 quarters
|
|
82
Mativ Holdings
MATV
$640M
| $1.28M | 0.57% |
33,343
| – | – |
2017 Q4
3 quarters
|
|
83
The Gap Inc
GAP
$7.96B
| $1.26M | 0.56% |
43,600
| – | – |
2014 Q4
15 quarters
|
|
84
Bath & Body Works
BBWI
$3.82B
| $1.21M | 0.54% |
49,480
+7,422
| +18% | +$186K |
2018 Q2
1 quarter
|
|
85
Huntington Ingalls Industries
HII
$10.4B
| $1.2M | 0.54% |
4,700
| – | – |
2016 Q3
8 quarters
|
|
86
Agnico Eagle Mines
AEM
$89.6B
| $1.2M | 0.54% |
35,000
| – | – |
2013 Q3
20 quarters
|
|
87
Enterprise Products Partners
EPD
$77.3B
| $1.15M | 0.51% |
40,000
| – | – |
2013 Q2
21 quarters
|
|
88
DELISTED
Randgold Resources Ltd
GOLD
| $1.13M | 0.51% |
16,000
| – | – |
2014 Q3
16 quarters
|
|
89
Alamos Gold
AGI
$12.8B
| $1.04M | 0.46% |
225,000
| – | – |
2013 Q2
21 quarters
|
|
90
Dick's Sporting Goods
DKS
$13.5B
| $1.04M | 0.46% |
29,203
| – | – |
2015 Q4
11 quarters
|
|
91
Sinclair Inc
SBGI
$895M
| $992K | 0.44% |
+35,000
| New | +$995K |
2018 Q3
0 quarters
|
|
|
SEP
92
DELISTED
Spectra Engy Parters Lp
SEP
| $978K | 0.44% |
27,400
| – | – |
2016 Q1
10 quarters
|
|
93
Citizens Financial Group
CFG
$26.4B
| $964K | 0.43% |
+25,000
| New | +$1.01M |
2018 Q3
0 quarters
|
|
94
Methode Electronics
MEI
$508M
| $905K | 0.41% |
25,000
| – | – |
2016 Q1
10 quarters
|
|
95
JPMorgan Chase
JPM
$890B
| $767K | 0.34% |
6,800
-200
| -3% | -$22.7K |
2013 Q2
21 quarters
|
|
96
SSR Mining
SSRM
$6.26B
| $697K | 0.31% |
80,000
| – | – |
2018 Q1
2 quarters
|
|
97
B2Gold
BTG
$6.59B
| $633K | 0.28% |
275,000
+75,000
| +38% | +$178K |
2013 Q2
21 quarters
|
|
98
Franco-Nevada
FNV
$45.3B
| $626K | 0.28% |
10,000
| – | – |
2015 Q3
12 quarters
|
|
99
Minerals Technologies
MTX
$1.96B
| $541K | 0.24% |
8,000
| – | – |
2015 Q2
13 quarters
|
|
100
Marcus & Millichap
MMI
$1.04B
| $521K | 0.23% |
15,000
| – | – |
2016 Q3
8 quarters
|
|
Similar funds
MC
BLA
HI
FAM
PSG
ACM
SC
SFPIA
Midas Management's Q3 2018 Portfolio in Review
As of Q3 2018, Midas Management held 133 positions worth $223M, up 6.1% from $210M the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Midas Management deployed $9.47M of net new capital in Q3 2018, opening 16 new positions and adding to 12 existing holdings. Its largest new stake was Broadcom: 139,500 shares worth $3.44M.
By sector, the portfolio is most concentrated in Industrials at 16% of assets, up from 15% a quarter earlier, followed by Financials and Consumer Discretionary.
On the sell side, the largest reduction was GAMCO Investors, Inc., an estimated $1.88M trimmed.
- Midas Management's largest Q3 2018 buy was Broadcom: 139,500 shares worth $3.44M.
- Midas Management added most to Cencora in Q3 2018, an estimated $1.82M increase.
- Midas Management's biggest Q3 2018 reduction was GAMCO Investors, Inc., cutting an estimated $1.88M.
- Midas Management fully exited Hanesbrands in Q3 2018, selling an estimated $3.37M.
- Midas Management's ten largest holdings make up 18% of its $223M portfolio in Q3 2018.
- Midas Management opened 16 new positions and closed 14 in Q3 2018.
- Midas Management's portfolio value rose 6.1% quarter-over-quarter to $223M.
Based on Midas Management's 13F filing for Q3 2018, filed 9 Oct 2018.