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
Cap. Flow
+$154K
Cap. Flow %
0.1%
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
AEM icon
Agnico Eagle Mines
AEM
+$371K
3
FNV icon
Franco-Nevada
FNV
+$370K
4
WPM icon
Wheaton Precious Metals
WPM
+$369K
5
GFI icon
Gold Fields
GFI
+$332K

Top Sells

Rank Stock Value
1
SVM icon
Silvercorp Metals
SVM
+$846K
2
SPLS icon
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
MA icon
1
Mastercard
MA
$528B
$3.68M 2.35%
54,750
– –
2013 Q2
1 quarter
GE icon
2
GE Aerospace
GE
$319B
$3.53M 2.26%
30,861
– –
2013 Q2
1 quarter
BBWI icon
3
Bath & Body Works
BBWI
$3.82B
$3.3M 2.11%
66,798
– –
2013 Q2
1 quarter
BRK.B icon
4
Berkshire Hathaway Class B
BRK.B
$1.13T
$3.23M 2.07%
28,500
– –
2013 Q2
1 quarter
JNJ icon
5
Johnson & Johnson
JNJ
$612B
$2.96M 1.89%
34,100
– –
2013 Q2
1 quarter
JPM icon
6
JPMorgan Chase
JPM
$890B
$2.9M 1.86%
56,200
– –
2013 Q2
1 quarter
INTC icon
7
Intel
INTC
$519B
$2.75M 1.76%
120,000
– –
2013 Q2
1 quarter
MMM icon
8
3M
MMM
$84.8B
$2.63M 1.68%
26,312
– –
2013 Q2
1 quarter
BMY icon
9
Bristol-Myers Squibb
BMY
$121B
$2.54M 1.63%
55,000
– –
2013 Q2
1 quarter
GLD icon
10
SPDR Gold Trust
GLD
$139B
$2.16M 1.38%
16,871
– –
2013 Q2
1 quarter
HON icon
11
Honeywell
HON
$65.8B
$2.08M 1.33%
27,822
– –
2013 Q2
1 quarter
ETP
12
DELISTED
Energy Transfer Partners L.p.
ETP
$2.03M 1.3%
39,000
– –
2013 Q2
1 quarter
GOOG icon
13
Alphabet (Google) Class C
GOOG
$4.2T
$2.02M 1.29%
92,345
– –
2013 Q2
1 quarter
WFC icon
14
Wells Fargo
WFC
$243B
$1.99M 1.27%
48,140
– –
2013 Q2
1 quarter
MRK icon
15
Merck
MRK
$364B
$1.92M 1.23%
42,234
– –
2013 Q2
1 quarter
MET icon
16
MetLife
MET
$63.4B
$1.88M 1.2%
44,880
– –
2013 Q2
1 quarter
CB icon
17
Chubb
CB
$135B
$1.87M 1.2%
20,000
– –
2013 Q2
1 quarter
FCX icon
18
Freeport-McMoran
FCX
$100B
$1.65M 1.06%
50,000
– –
2013 Q2
1 quarter
AVB icon
19
DELISTED
AvalonBay Communities
AVB
$1.63M 1.04%
12,850
– –
2013 Q2
1 quarter
VZ icon
20
Verizon
VZ
$185B
$1.63M 1.04%
35,000
– –
2013 Q2
1 quarter
KGC icon
21
Kinross Gold
KGC
$26.3B
$1.61M 1.03%
319,369
– –
2013 Q2
1 quarter
PLG icon
22
Platinum Group Metals
PLG
$142M
$1.6M 1.03%
15,000
– –
2013 Q2
1 quarter
AGI icon
23
Alamos Gold
AGI
$12.8B
$1.56M 1%
100,000
– –
2013 Q2
1 quarter
ORI icon
24
Old Republic International
ORI
$9.27B
$1.54M 0.98%
100,000
– –
2013 Q2
1 quarter
T icon
25
AT&T
T
$158B
$1.52M 0.97%
59,580
– –
2013 Q2
1 quarter
1
2 3 4 5

Similar funds

MC
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BLA
Balter Liquid Alternatives Boston, Massachusetts $205M AUM 2.95% 1-Year Est. Return
HI
Honeywell International Charlotte, North Carolina $258M AUM 6.33% 1-Year Est. Return
FAM
Foresters Asset Management Toronto, Ontario, Canada $195M AUM 9.74% 1-Year Est. Return
PSG
Planning Solutions Group Fulton, Maryland $194M AUM
ACM
Ailanthus Capital Management New York $194M AUM 2.54% 1-Year Est. Return
SC
Sageview Capital Greenwich, Connecticut $177M AUM 36.56% 1-Year Est. Return
SFPIA
Stevens First Principles Investment Advisors Newport Beach, California $172M AUM 9.93% 1-Year Est. Return

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.