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 | |
|---|---|---|---|---|---|---|---|
126
First Trust US Equity Opportunities ETF
FPX
$1.4B
| $156K | 0.08% |
2,900
| – | – |
2014 Q4
1 quarter
|
|
127
Invesco BuyBack Achievers ETF
PKW
$1.71B
| $150K | 0.07% |
3,050
| – | – |
2014 Q4
1 quarter
|
|
128
Invesco S&P Spin-Off ETF
CSD
$209M
| $143K | 0.07% |
3,000
| – | – |
2014 Q4
1 quarter
|
|
129
Cambria Shareholder Yield ETF
SYLD
$983M
| $143K | 0.07% |
4,500
| – | – |
2014 Q4
1 quarter
|
|
|
IM
130
DELISTED
Ingram Micro
IM
| $75K | 0.04% |
+3,000
| New | +$76.3K |
2015 Q1
0 quarters
|
|
|
PNRA
131
DELISTED
Panera Bread Co
PNRA
| $64K | 0.03% |
+400
| New | +$66.3K |
2015 Q1
0 quarters
|
|
132
Sociedad Química y Minera de Chile
SQM
$17.6B
| $49K | 0.02% |
2,767
| – | – |
2014 Q3
2 quarters
|
|
133
Accenture
ACN
$132B
| – | – |
-5,300
| Closed | -$473K | – |
|
|
134
Costco
COST
$435B
| – | – |
-10,000
| Closed | -$1.42M | – |
|
135
DNOW Inc
DNOW
$2.74B
| – | – |
-4,800
| Closed | -$124K | – |
|
136
Freeport-McMoran
FCX
$100B
| – | – |
-25,000
| Closed | -$584K | – |
|
137
Barrick Mining
B
$64B
| – | – |
-125,000
| Closed | -$1.34M | – |
|
138
Home Depot
HD
$295B
| – | – |
-7,000
| Closed | -$735K | – |
|
139
Itaú Unibanco
ITUB
$107B
| – | – |
-28,070
| Closed | -$146K | – |
|
140
Knowles
KN
$2.98B
| – | – |
-6,750
| Closed | -$159K | – |
|
|
141
Medtronic
MDT
$121B
| – | – |
-20,200
| Closed | -$1.46M | – |
|
142
Target
TGT
$70.6B
| – | – |
-16,000
| Closed | -$1.22M | – |
|
143
UnitedHealth
UNH
$355B
| – | – |
-3,500
| Closed | -$354K | – |
|
144
United Parcel Service
UPS
$81.5B
| – | – |
-3,000
| Closed | -$334K | – |
|
145
Vale
VALE
$56.2B
| – | – |
-5,500
| Closed | -$45K | – |
|
|
146
Xerox
XRX
$355M
| – | – |
-51,232
| Closed | -$1.87M | – |
|
|
PBCT
147
DELISTED
People's United Financial Inc
PBCT
| – | – |
-60,000
| Closed | -$911K | – |
|
148
DELISTED
Time Inc.
TIME
| – | – |
-2,675
| Closed | -$66K | – |
|
|
CHL
149
DELISTED
China Mobile Limited
CHL
| – | – |
-3,935
| Closed | -$231K | – |
|
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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.