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
+5.12%
1 Year Est. Return
+7.96%
3 Year Est. Return
+43.27%
5 Year Est. Return
+41.1%
10 Year Est. Return
–
AUM
$156M
AUM Growth
+$6.29M
(+4.2%)
Cap. Flow
+$154K
Cap. Flow
% of AUM
0.1%
Top 10 Holdings %
Top 10 Hldgs %
18.99%
Holding
143
New
4
Increased
2
Reduced
–
Closed
2
Avg Time Held
0.2
years
Top 10 Avg Time Held
0.2
years
Top 20 Avg Time Held
0.2
years
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
AUY
Yamana Gold, Inc.
AUY
|
+$379K |
| 2 |
Agnico Eagle Mines
AEM
|
+$371K |
| 3 |
Franco-Nevada
FNV
|
+$370K |
| 4 |
Wheaton Precious Metals
WPM
|
+$369K |
| 5 |
Gold Fields
GFI
|
+$332K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Silvercorp Metals
SVM
|
+$846K |
| 2 |
Staples Inc
SPLS
|
+$844K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Materials | 16.42% |
| 2 | Financials | 14.3% |
| 3 | Industrials | 14.03% |
| 4 | Healthcare | 12.9% |
| 5 | Consumer Staples | 10.04% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
126
Church & Dwight Co
CHD
$24.3B
| $318K | 0.2% |
10,600
| – | – |
2013 Q2
1 quarter
|
|
127
Phillips 66
PSX
$119B
| $318K | 0.2% |
5,500
| – | – |
2013 Q2
1 quarter
|
|
128
Mondelez International
MDLZ
$79.9B
| $314K | 0.2% |
10,000
| – | – |
2013 Q2
1 quarter
|
|
129
Goldman Sachs
GS
$256B
| $301K | 0.19% |
1,900
| – | – |
2013 Q2
1 quarter
|
|
|
CERN
130
DELISTED
Cerner Corp
CERN
| $294K | 0.19% |
5,600
| – | – |
2013 Q2
1 quarter
|
|
|
131
Gold Fields
GFI
$31.7B
| $283K | 0.18% |
+62,000
| New | +$332K |
2013 Q3
0 quarters
|
|
132
DELISTED
Chesapeake Energy Corporation
CHK
| $259K | 0.17% |
53
| – | – |
2013 Q2
1 quarter
|
|
133
UnitedHealth
UNH
$355B
| $251K | 0.16% |
3,500
| – | – |
2013 Q2
1 quarter
|
|
134
Novartis
NVS
$279B
| $230K | 0.15% |
3,348
| – | – |
2013 Q2
1 quarter
|
|
|
CHL
135
DELISTED
China Mobile Limited
CHL
| $222K | 0.14% |
3,935
| – | – |
2013 Q2
1 quarter
|
|
|
SYT
136
DELISTED
Syngenta Ag
SYT
| $218K | 0.14% |
2,678
| – | – |
2013 Q2
1 quarter
|
|
137
Automatic Data Processing
ADP
$111B
| $217K | 0.14% |
3,417
| – | – |
2013 Q2
1 quarter
|
|
138
Canadian National Railway
CNI
$72.4B
| $213K | 0.14% |
4,200
| – | – |
2013 Q2
1 quarter
|
|
|
PSB
139
DELISTED
PS Business Parks, Inc.
PSB
| $211K | 0.13% |
2,825
| – | – |
2013 Q2
1 quarter
|
|
140
Banco Bradesco
BBD
$43.8B
| $148K | 0.09% |
27,141
| – | – |
2013 Q2
1 quarter
|
|
141
Itaú Unibanco
ITUB
$107B
| $144K | 0.09% |
28,070
| – | – |
2013 Q2
1 quarter
|
|
|
142
Silvercorp Metals
SVM
$2.09B
| – | – |
-300,000
| Closed | -$846K | – |
|
|
143
DELISTED
Staples Inc
SPLS
| – | – |
-53,200
| Closed | -$844K | – |
|
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Midas Management's Q3 2013 Portfolio in Review
As of Q3 2013, Midas Management held 143 positions worth $156M, up 4.2% from $150M the previous quarter. Its ten largest holdings account for 19% of the portfolio.
Trading was light in Q3 2013: portfolio turnover was 4.2%. Midas Management opened 4 new positions and exited 2, leaving the 143-position portfolio largely intact.
By sector, the portfolio is most concentrated in Materials at 16% of assets, up from 15% a quarter earlier, followed by Financials and Industrials.
- Midas Management's largest Q3 2013 buy was Yamana Gold, Inc.: 36,000 shares worth $374K.
- Midas Management added most to Wheaton Precious Metals in Q3 2013, an estimated $369K increase.
- Midas Management fully exited Silvercorp Metals in Q3 2013, selling an estimated $846K.
- Midas Management's ten largest holdings make up 19% of its $156M portfolio in Q3 2013.
- Midas Management opened 4 new positions and closed 2 in Q3 2013.
- Midas Management's portfolio value rose 4.2% quarter-over-quarter to $156M.
Based on Midas Management's 13F filing for Q3 2013, filed 12 Nov 2013.