We are live on !
Find out more
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
+4.9%
1 Year Est. Return
+7.96%
3 Year Est. Return
+43.27%
5 Year Est. Return
+41.1%
10 Year Est. Return
–
AUM
$231M
AUM Growth
-$3.56M
(-1.5%)
Cap. Flow
-$12.3M
Cap. Flow % of AUM
Cap. Flow %
-5.32%
Top 10 Holdings %
Top 10 Hldgs %
19.85%
Holding
122
New
6
Increased
4
Reduced
2
Closed
13
Avg Time Held
2.1
years
Top 10 Avg Time Held
0.9
years
Top 20 Avg Time Held
0.8
years
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Cummins
CMI
|
+$2.82M |
| 2 |
Celanese
CE
|
+$2.49M |
| 3 |
Valvoline
VVV
|
+$2.36M |
| 4 |
Tapestry
TPR
|
+$1.87M |
| 5 |
Warrior Met Coal
HCC
|
+$812K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Sinclair Inc
SBGI
|
+$3.66M |
| 2 |
WBC
WABCO HOLDINGS INC.
WBC
|
+$2.89M |
| 3 |
Cohen & Steers
CNS
|
+$2.75M |
| 4 |
SAFM
Sanderson Farms Inc
SAFM
|
+$2.7M |
| 5 |
Big Lots, Inc.
BIG
|
+$2.09M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Industrials | 19.7% |
| 2 | Financials | 16.69% |
| 3 | Consumer Discretionary | 14.87% |
| 4 | Technology | 13.55% |
| 5 | Materials | 9.76% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
101
IPG Photonics
IPGP
$3.08B
| $231K | 0.1% |
1,500
| – | – |
2016 Q4
10 quarters
|
|
102
OR Royalties Inc
OR
$6.51B
| $183K | 0.08% |
17,500
| – | – |
2016 Q3
11 quarters
|
|
103
LGI Homes
LGIH
$1B
| $182K | 0.08% |
2,550
| – | – |
2017 Q4
6 quarters
|
|
|
DEX
104
DELISTED
DELAWARE ENHANCED GLOBAL DIVIDEND & INCOME FUND
DEX
| $158K | 0.07% |
16,000
| – | – |
2019 Q1
1 quarter
|
|
105
DELISTED
Sandstorm Gold
SAND
| $150K | 0.07% |
27,000
| – | – |
2018 Q4
2 quarters
|
|
106
Wheaton Precious Metals
WPM
$59.6B
| $145K | 0.06% |
6,000
| – | – |
2018 Q4
2 quarters
|
|
|
MMX
107
DELISTED
Maverix Metals Inc. Common Shares
MMX
| $106K | 0.05% |
+23,900
| New | +$105K |
2019 Q2
0 quarters
|
|
108
Hennessy Advisors
HNNA
$81.2M
| $44K | 0.02% |
4,500
| – | – |
2016 Q4
10 quarters
|
|
109
Permianville Royalty Trust
PVL
$59.2M
| $21K | 0.01% |
8,000
| – | – |
2018 Q3
3 quarters
|
|
110
Affiliated Managers Group
AMG
$10.1B
| – | – |
-17,200
| Closed | -$1.84M | – |
|
|
111
Cohen & Steers
CNS
$3.7B
| – | – |
-65,000
| Closed | -$2.75M | – |
|
112
Diversified Healthcare Trust
DHC
$1.87B
| – | – |
-65,000
| Closed | -$766K | – |
|
113
DELISTED
Diamond Hill
DHIL
| – | – |
-5,392
| Closed | -$755K | – |
|
114
Mativ Holdings
MATV
$636M
| – | – |
-33,343
| Closed | -$1.29M | – |
|
115
McKesson
MCK
$120B
| – | – |
-11,365
| Closed | -$1.33M | – |
|
116
Prestige Consumer Healthcare
PBH
$2.34B
| – | – |
-52,000
| Closed | -$1.56M | – |
|
|
117
Sinclair Inc
SBGI
$962M
| – | – |
-95,000
| Closed | -$3.66M | – |
|
118
Valero Energy
VLO
$125B
| – | – |
-19,325
| Closed | -$1.64M | – |
|
119
Worthington Enterprises
WOR
$3.15B
| – | – |
-52,715
| Closed | -$1.21M | – |
|
|
120
DELISTED
Big Lots, Inc.
BIG
| – | – |
-55,000
| Closed | -$2.09M | – |
|
|
SAFM
121
DELISTED
Sanderson Farms Inc
SAFM
| – | – |
-20,500
| Closed | -$2.7M | – |
|
|
WBC
122
DELISTED
WABCO HOLDINGS INC.
WBC
| – | – |
-21,900
| Closed | -$2.89M | – |
|
Similar funds
BLA
PSG
ACM
Midas Management's Q2 2019 Portfolio in Review
As of Q2 2019, Midas Management held 122 positions worth $231M, down 1.5% from $234M the previous quarter. Its ten largest holdings account for 20% of the portfolio.
Midas Management withdrew a net $12.3M in Q2 2019, closing 13 positions and reducing 2 holdings. Its most notable exit was Sinclair Inc, an estimated $3.66M position sold in full.
By sector, the portfolio is most concentrated in Industrials at 20% of assets, up from 18% a quarter earlier, followed by Financials and Consumer Discretionary.
Against the trend, Midas Management opened a new position in Cummins worth $2.96M.
- Midas Management's largest Q2 2019 buy was Cummins: 17,250 shares worth $2.96M.
- Midas Management added most to LyondellBasell Industries in Q2 2019, an estimated $640K increase.
- Midas Management's biggest Q2 2019 reduction was Thor Industries, cutting an estimated $133K.
- Midas Management fully exited Sinclair Inc in Q2 2019, selling an estimated $3.66M.
- Midas Management's ten largest holdings make up 20% of its $231M portfolio in Q2 2019.
- Midas Management opened 6 new positions and closed 13 in Q2 2019.
- Midas Management's portfolio value fell 1.5% quarter-over-quarter to $231M.
Based on Midas Management's 13F filing for Q2 2019, filed 9 Jul 2019.