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
+0.5%
1 Year Est. Return
+7.96%
3 Year Est. Return
+43.27%
5 Year Est. Return
+41.1%
10 Year Est. Return
–
AUM
$200M
AUM Growth
+$8.66M
(+4.5%)
Cap. Flow
+$8.86M
Cap. Flow
% of AUM
4.42%
Top 10 Holdings %
Top 10 Hldgs %
15.78%
Holding
149
New
12
Increased
5
Reduced
3
Closed
17
Avg Time Held
1
year
Top 10 Avg Time Held
0.9
years
Top 20 Avg Time Held
0.8
years
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Tanger
SKT
|
+$2.02M |
| 2 |
ExxonMobil
XOM
|
+$1.95M |
| 3 |
Philip Morris
PM
|
+$1.95M |
| 4 |
IBM
IBM
|
+$1.87M |
| 5 |
Apollo Global Management
APO
|
+$1.86M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Xerox
XRX
|
+$1.87M |
| 2 |
Randgold Resources Ltd
GOLD
|
+$1.73M |
| 3 |
AUY
Yamana Gold, Inc.
AUY
|
+$1.62M |
| 4 |
Medtronic
MDT
|
+$1.46M |
| 5 |
Costco
COST
|
+$1.42M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 20.04% |
| 2 | Healthcare | 12.98% |
| 3 | Industrials | 11.08% |
| 4 | Consumer Discretionary | 9.13% |
| 5 | Materials | 8.97% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
ATCO
101
DELISTED
Atlas Corp.
ATCO
| $912K | 0.45% |
50,000
| – | – |
2013 Q2
7 quarters
|
|
102
Platinum Group Metals
PLG
$141M
| $841K | 0.42% |
15,000
| – | – |
2013 Q2
7 quarters
|
|
103
Rayonier Advanced Materials
RYAM
$477M
| $818K | 0.41% |
54,900
| – | – |
2014 Q3
2 quarters
|
|
|
DCM
104
DELISTED
NTT DOCOMO, Inc.
DCM
| $795K | 0.4% |
45,600
| – | – |
2014 Q1
4 quarters
|
|
105
Franklin Templeton
BEN
$15.5B
| $770K | 0.38% |
15,000
| – | – |
2014 Q3
2 quarters
|
|
106
Agnico Eagle Mines
AEM
$89.6B
| $718K | 0.36% |
25,712
| – | – |
2013 Q3
6 quarters
|
|
|
LNCO
107
DELISTED
LINNCO LLC COM SHS REPSTG LTD LIABILITY
LNCO
| $718K | 0.36% |
75,000
| – | – |
2014 Q4
1 quarter
|
|
108
Santander
BSBR
$41.9B
| $657K | 0.33% |
155,556
| – | – |
2014 Q1
4 quarters
|
|
109
Alamos Gold
AGI
$12.8B
| $586K | 0.29% |
100,000
| – | – |
2013 Q2
7 quarters
|
|
110
Eldorado Gold
EGO
$8.98B
| $574K | 0.29% |
25,000
-45,000
| -64% | -$1.23M |
2013 Q2
7 quarters
|
|
111
Mattel
MAT
$4.76B
| $571K | 0.28% |
25,000
| – | – |
2013 Q2
7 quarters
|
|
|
ESRX
112
DELISTED
Express Scripts Holding Company
ESRX
| $564K | 0.28% |
6,500
| – | – |
2014 Q3
2 quarters
|
|
113
AngloGold Ashanti
AU
$44.9B
| $514K | 0.26% |
55,000
| – | – |
2013 Q2
7 quarters
|
|
114
Compañía de Minas Buenaventura
BVN
$7.75B
| $456K | 0.23% |
45,000
| – | – |
2014 Q3
2 quarters
|
|
|
NGD
115
DELISTED
New Gold Inc
NGD
| $424K | 0.21% |
125,000
| – | – |
2014 Q3
2 quarters
|
|
|
AUY
116
DELISTED
Yamana Gold, Inc.
AUY
| $413K | 0.21% |
115,000
-400,000
| -78% | -$1.62M |
2013 Q3
6 quarters
|
|
117
iShares Silver Trust
SLV
$27B
| $393K | 0.2% |
24,643
| – | – |
2013 Q2
7 quarters
|
|
118
B2Gold
BTG
$6.59B
| $304K | 0.15% |
200,000
| – | – |
2013 Q2
7 quarters
|
|
119
Novartis
NVS
$279B
| $296K | 0.15% |
3,348
| – | – |
2014 Q3
2 quarters
|
|
|
TFCFA
120
DELISTED
Twenty-First Century Fox, Inc. Class A
TFCFA
| $250K | 0.12% |
7,400
| – | – |
2014 Q4
1 quarter
|
|
121
Kinross Gold
KGC
$26.4B
| $224K | 0.11% |
100,000
| – | – |
2014 Q3
2 quarters
|
|
122
Myriad Genetics
MYGN
$397M
| $212K | 0.11% |
6,000
| – | – |
2014 Q3
2 quarters
|
|
123
Northern Dynasty Minerals
NAK
$532M
| $193K | 0.1% |
500,000
| – | – |
2013 Q2
7 quarters
|
|
|
SYT
124
DELISTED
Syngenta Ag
SYT
| $182K | 0.09% |
2,678
| – | – |
2014 Q3
2 quarters
|
|
125
Nucor
NUE
$58.3B
| $167K | 0.08% |
3,519
| – | – |
2014 Q3
2 quarters
|
|
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Midas Management's Q1 2015 Portfolio in Review
As of Q1 2015, Midas Management held 149 positions worth $200M, up 4.5% from $192M the previous quarter. Its ten largest holdings account for 16% of the portfolio.
Midas Management deployed $8.86M of net new capital in Q1 2015, opening 12 new positions and adding to 5 existing holdings. Its largest new stake was Tanger: 54,000 shares worth $1.9M.
By sector, the portfolio is most concentrated in Financials at 20% of assets, up from 18% a quarter earlier, followed by Healthcare and Industrials.
On the sell side, the largest reduction was Randgold Resources Ltd, an estimated $1.73M trimmed.
- Midas Management's largest Q1 2015 buy was Tanger: 54,000 shares worth $1.9M.
- Midas Management added most to Philip Morris in Q1 2015, an estimated $1.95M increase.
- Midas Management's biggest Q1 2015 reduction was Randgold Resources Ltd, cutting an estimated $1.73M.
- Midas Management fully exited Xerox in Q1 2015, selling an estimated $1.87M.
- Midas Management's ten largest holdings make up 16% of its $200M portfolio in Q1 2015.
- Midas Management opened 12 new positions and closed 17 in Q1 2015.
- Midas Management's portfolio value rose 4.5% quarter-over-quarter to $200M.
Based on Midas Management's 13F filing for Q1 2015, filed 11 May 2015.