Midas Management Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
PX
Praxair Inc
PX
|
+$1.51M |
| 2 |
PACCAR
PCAR
|
+$1.32M |
| 3 |
SEP
Spectra Engy Parters Lp
SEP
|
+$1.2M |
| 4 |
Verizon
VZ
|
+$1.1M |
| 5 |
DFS
Discover Financial Services
DFS
|
+$1.06M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Merck
MRK
|
+$2.37M |
| 2 |
Clorox
CLX
|
+$2.16M |
| 3 |
Procter & Gamble
PG
|
+$1.75M |
| 4 |
AGCO
AGCO
|
+$1.68M |
| 5 |
Deere & Co
DE
|
+$1.33M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 19.87% |
| 2 | Industrials | 14.41% |
| 3 | Consumer Discretionary | 12.9% |
| 4 | Materials | 10.22% |
| 5 | Technology | 10.04% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
176
Pfizer
PFE
$159B
| – | – |
-42,160
| Closed | -$1.29M |
|
|
177
Procter & Gamble
PG
$333B
| – | – |
-22,000
| Closed | -$1.75M |
|
178
Invesco BuyBack Achievers ETF
PKW
$1.81B
| – | – |
-3,050
| Closed | -$139K |
|
179
Cambria Shareholder Yield ETF
SYLD
$1.03B
| – | – |
-4,500
| Closed | -$130K |
|
|
KBAL
180
DELISTED
Kimball International
KBAL
| – | – |
-106,139
| Closed | -$1.04M |
|
|
WDR
181
DELISTED
Waddell & Reed Financial, Inc.
WDR
| – | – |
-33,000
| Closed | -$946K |
|
|
JOY
182
DELISTED
Joy Global Inc
JOY
| – | – |
-50,000
| Closed | -$631K |
|
Similar funds
Midas Management's Q1 2016 Portfolio in Review
As of Q1 2016, Midas Management held 182 positions worth $193M, up 15% from $168M the previous quarter. Its ten largest holdings account for 16% of the portfolio.
Midas Management deployed $14.1M of net new capital in Q1 2016, opening 37 new positions and adding to 3 existing holdings. Its largest new stake was Praxair Inc: 14,500 shares worth $1.66M.
By sector, the portfolio is most concentrated in Financials at 20% of assets, down from 20% a quarter earlier, followed by Industrials and Consumer Discretionary.
On the sell side, the largest reduction was Advent Convertible and Income Fund, an estimated $81.5K trimmed.
- Midas Management's largest Q1 2016 buy was Praxair Inc: 14,500 shares worth $1.66M.
- Midas Management added most to The Greenbrier Companies in Q1 2016, an estimated $707K increase.
- Midas Management's biggest Q1 2016 reduction was Advent Convertible and Income Fund, cutting an estimated $81.5K.
- Midas Management fully exited Merck in Q1 2016, selling an estimated $2.37M.
- Midas Management's ten largest holdings make up 16% of its $193M portfolio in Q1 2016.
- Midas Management opened 37 new positions and closed 14 in Q1 2016.
- Midas Management's portfolio value rose 15% quarter-over-quarter to $193M.
Based on Midas Management's 13F filing for Q1 2016, filed 28 Apr 2016.