MC
Miles Capital Portfolio holdings
AUM
$92.8M
Turnover
35.94%
1-Year Est. Return
4.29%
This Fund
S&P 500
This Quarter
Est. Return
+2.59%
1 Year Est. Return
-4.29%
3 Year Est. Return
+15.37%
5 Year Est. Return
+31.98%
10 Year Est. Return
–
AUM
$147M
AUM Growth
-$2.09M
(-1.4%)
Cap. Flow
-$5.35M
Cap. Flow
% of AUM
-3.64%
Top 10 Holdings %
Top 10 Hldgs %
43.35%
Holding
215
New
61
Increased
50
Reduced
62
Closed
32
Avg Time Held
0.8
years
Top 10 Avg Time Held
1.3
years
Top 20 Avg Time Held
0.8
years
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
|
+$8.4M |
| 2 |
Berkshire Hathaway Class B
BRK.B
|
+$1.13M |
| 3 |
Gilead Sciences
GILD
|
+$1.11M |
| 4 |
CERN
Cerner Corp
CERN
|
+$1.06M |
| 5 |
GE Aerospace
GE
|
+$1.05M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vanguard FTSE Developed Markets ETF
VEA
|
+$12.8M |
| 2 |
Exelon
EXC
|
+$1.08M |
| 3 |
Sysco
SYY
|
+$1.04M |
| 4 |
Cisco
CSCO
|
+$1.03M |
| 5 |
Procter & Gamble
PG
|
+$1M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 40.88% |
| 2 | Financials | 11.57% |
| 3 | Healthcare | 8.61% |
| 4 | Technology | 8.21% |
| 5 | Industrials | 6.16% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
51
KKR & Co
KKR
$76.8B
| $786K | 0.54% |
+63,676
| New | +$852K |
2016 Q2
0 quarters
|
|
52
Expro Ltd
XPRO
$1.77B
| $758K | 0.52% |
+8,642
| New | +$821K |
2016 Q2
0 quarters
|
|
53
UnitedHealth
UNH
$355B
| $738K | 0.5% |
5,227
-5,320
| -50% | -$709K |
2014 Q4
6 quarters
|
|
54
DELISTED
CBL& Associates Properties, Inc.
CBL
| $736K | 0.5% |
+79,078
| New | +$855K |
2016 Q2
0 quarters
|
|
|
55
Procter & Gamble
PG
$364B
| $689K | 0.47% |
8,135
-12,193
| -60% | -$1M |
2014 Q2
8 quarters
|
|
56
Oracle
ORCL
$396B
| $624K | 0.43% |
15,252
-15,306
| -50% | -$611K |
2013 Q3
11 quarters
|
|
|
AGN
57
DELISTED
Allergan plc
AGN
| $585K | 0.4% |
2,531
+284
| +13% | +$65.5K |
2014 Q4
6 quarters
|
|
58
Constellation Brands
STZ
$21.6B
| $584K | 0.4% |
3,528
-483
| -12% | -$75.6K |
2015 Q4
2 quarters
|
|
59
JPMorgan Chase
JPM
$890B
| $577K | 0.39% |
9,292
-14,586
| -61% | -$911K |
2013 Q2
12 quarters
|
|
60
iShares Russell 2000 ETF
IWM
$76.4B
| $557K | 0.38% |
4,845
| – | – |
2013 Q2
12 quarters
|
|
61
State Street SPDR Bloomberg International Treasury Bond ETF
BWX
$1.28B
| $539K | 0.37% |
18,868
-3,888
| -17% | -$109K |
2013 Q2
12 quarters
|
|
62
Comcast
CMCSA
$74.7B
| $533K | 0.36% |
16,364
-23,910
| -59% | -$742K |
2015 Q4
2 quarters
|
|
|
63
Cisco
CSCO
$448B
| $525K | 0.36% |
18,316
-36,683
| -67% | -$1.03M |
2013 Q4
10 quarters
|
|
64
Starbucks
SBUX
$106B
| $512K | 0.35% |
8,965
+1,843
| +26% | +$105K |
2015 Q4
2 quarters
|
|
65
Openlane
OPLN
$4.49B
| $505K | 0.34% |
31,960
-51,770
| -62% | -$774K |
2013 Q2
12 quarters
|
|
66
Nasdaq
NDAQ
$51.4B
| $497K | 0.34% |
23,064
-42,870
| -65% | -$917K |
2015 Q2
4 quarters
|
|
67
Illinois Tool Works
ITW
$76.7B
| $489K | 0.33% |
4,693
-9,487
| -67% | -$993K |
2015 Q2
4 quarters
|
|
68
Cintas
CTAS
$82.8B
| $457K | 0.31% |
18,620
-3,532
| -16% | -$81.3K |
2015 Q2
4 quarters
|
|
|
69
Exelon
EXC
$43.9B
| $454K | 0.31% |
17,489
-43,525
| -71% | -$1.08M |
2015 Q2
4 quarters
|
|
|
CONE
70
DELISTED
CyrusOne Inc Common Stock
CONE
| $451K | 0.31% |
8,108
+797
| +11% | +$38.4K |
2015 Q4
2 quarters
|
|
|
XL
71
DELISTED
XL Group Ltd.
XL
| $449K | 0.31% |
13,484
-21,020
| -61% | -$717K |
2015 Q2
4 quarters
|
|
|
ISBC
72
DELISTED
Investors Bancorp, Inc.
ISBC
| $448K | 0.31% |
40,461
-52,651
| -57% | -$609K |
2015 Q1
5 quarters
|
|
73
Northrop Grumman
NOC
$70.4B
| $445K | 0.3% |
2,001
-3,865
| -66% | -$814K |
2016 Q1
1 quarter
|
|
74
DELISTED
Coresite Realty Corporation
COR
| $439K | 0.3% |
4,953
+70
| +1% | +$5.39K |
2015 Q4
2 quarters
|
|
75
Cinemark Holdings
CNK
$4.43B
| $435K | 0.3% |
11,936
+173
| +1% | +$6.06K |
2013 Q2
12 quarters
|
|
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Miles Capital's Q2 2016 Portfolio in Review
As of Q2 2016, Miles Capital held 215 positions worth $147M, down 1.4% from $149M the previous quarter. Its ten largest holdings account for 43% of the portfolio.
Miles Capital withdrew a net $5.35M in Q2 2016, closing 32 positions and reducing 62 holdings. Its most notable exit was Baxter International, an estimated $913K position sold in full.
By sector, the portfolio is most concentrated in Miscellaneous at 41% of assets, down from 42% a quarter earlier, followed by Financials and Healthcare.
Against the trend, Miles Capital opened a new position in Berkshire Hathaway Class B worth $1.15M.
- Miles Capital's largest Q2 2016 buy was Berkshire Hathaway Class B: 7,908 shares worth $1.15M.
- Miles Capital added most to iShares iBoxx $ High Yield Corporate Bond ETF in Q2 2016, an estimated $8.4M increase.
- Miles Capital's biggest Q2 2016 reduction was Vanguard FTSE Developed Markets ETF, cutting an estimated $12.8M.
- Miles Capital fully exited Baxter International in Q2 2016, selling an estimated $913K.
- Miles Capital's ten largest holdings make up 43% of its $147M portfolio in Q2 2016.
- Miles Capital opened 61 new positions and closed 32 in Q2 2016.
- Miles Capital's portfolio value fell 1.4% quarter-over-quarter to $147M.
Based on Miles Capital's 13F filing for Q2 2016, filed 11 Aug 2016.