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
+4.1%
1 Year Est. Return
-4.29%
3 Year Est. Return
+15.37%
5 Year Est. Return
+31.98%
10 Year Est. Return
–
AUM
$172M
AUM Growth
-$3.97M
(-2.3%)
Cap. Flow
-$9.29M
Cap. Flow
% of AUM
-5.39%
Top 10 Holdings %
Top 10 Hldgs %
47.22%
Holding
204
New
22
Increased
24
Reduced
107
Closed
18
Avg Time Held
1.3
years
Top 10 Avg Time Held
1.8
years
Top 20 Avg Time Held
1.2
years
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
|
+$2.2M |
| 2 |
State Street SPDR S&P Biotech ETF
XBI
|
+$799K |
| 3 |
SJI
South Jersey Industries, Inc.
SJI
|
+$328K |
| 4 |
Fabrinet
FN
|
+$253K |
| 5 |
Rayonier Advanced Materials
RYAM
|
+$238K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR Bloomberg High Yield Bond ETF
JNK
|
+$11.1M |
| 2 |
Intuitive Surgical
ISRG
|
+$615K |
| 3 |
Procter & Gamble
PG
|
+$478K |
| 4 |
AJRD
Aerojet Rocketdyne Holdings
AJRD
|
+$401K |
| 5 |
Allete
ALE
|
+$311K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 46.16% |
| 2 | Financials | 11.24% |
| 3 | Technology | 8.2% |
| 4 | Healthcare | 6.18% |
| 5 | Energy | 5.98% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
76
British American Tobacco
BTI
$122B
| $361K | 0.21% |
5,390
| – | – |
2016 Q3
5 quarters
|
|
77
Marriott Vacations Worldwide
VAC
$3.65B
| $360K | 0.21% |
2,661
-17
| -0.6% | -$2.24K |
2017 Q2
2 quarters
|
|
78
Royal Bank of Canada
RY
$268B
| $358K | 0.21% |
4,387
| – | – |
2016 Q3
5 quarters
|
|
79
Constellation Brands
STZ
$21.6B
| $357K | 0.21% |
1,564
| – | – |
2015 Q4
8 quarters
|
|
80
SLB Ltd
SLB
$72B
| $352K | 0.2% |
5,229
-206
| -4% | -$13.3K |
2017 Q2
2 quarters
|
|
81
Healthcare Services Group
HCSG
$1.44B
| $351K | 0.2% |
6,652
-56
| -0.8% | -$2.94K |
2016 Q1
7 quarters
|
|
82
Toronto Dominion Bank
TD
$192B
| $349K | 0.2% |
5,958
| – | – |
2016 Q3
5 quarters
|
|
83
Cisco
CSCO
$448B
| $348K | 0.2% |
9,095
-486
| -5% | -$17.4K |
2013 Q4
16 quarters
|
|
84
Installed Building Products
IBP
$4.79B
| $347K | 0.2% |
4,569
-29
| -0.6% | -$2.01K |
2017 Q3
1 quarter
|
|
85
Summit Hotel Properties
INN
$669M
| $343K | 0.2% |
22,525
-125
| -0.6% | -$1.93K |
2017 Q3
1 quarter
|
|
86
MKS Inc
MKSI
$15.9B
| $329K | 0.19% |
3,480
-28
| -0.8% | -$2.79K |
2016 Q4
4 quarters
|
|
87
iShares TIPS Bond ETF
TIP
$14.3B
| $329K | 0.19% |
2,883
+11
| +0.4% | +$1.25K |
2017 Q1
3 quarters
|
|
88
TSMC
TSM
$2.23T
| $329K | 0.19% |
8,293
| – | – |
2016 Q3
5 quarters
|
|
89
Darling Ingredients
DAR
$9.84B
| $324K | 0.19% |
17,849
-138
| -0.8% | -$2.38K |
2016 Q4
4 quarters
|
|
90
MarineMax
HZO
$1.16B
| $322K | 0.19% |
17,048
-132
| -0.8% | -$2.54K |
2017 Q3
1 quarter
|
|
91
Mitsubishi UFJ Financial
MUFG
$246B
| $317K | 0.18% |
43,580
| – | – |
2016 Q2
6 quarters
|
|
|
SJI
92
DELISTED
South Jersey Industries, Inc.
SJI
| $310K | 0.18% |
+9,927
| New | +$328K |
2017 Q4
0 quarters
|
|
93
Alphabet (Google) Class C
GOOG
$4.2T
| $306K | 0.18% |
5,840
-60
| -1% | -$3.05K |
2017 Q1
3 quarters
|
|
94
Toyota
TM
$222B
| $304K | 0.18% |
2,392
| – | – |
2016 Q3
5 quarters
|
|
|
95
Intuitive Surgical
ISRG
$148B
| $303K | 0.18% |
2,487
-4,911
| -66% | -$615K |
2016 Q3
5 quarters
|
|
96
Synopsys
SNPS
$92B
| $302K | 0.18% |
3,546
+32
| +0.9% | +$2.77K |
2017 Q1
3 quarters
|
|
97
Delta Air Lines
DAL
$50.4B
| $298K | 0.17% |
5,328
-72
| -1% | -$3.76K |
2016 Q4
4 quarters
|
|
98
Monolithic Power Systems
MPWR
$61.1B
| $294K | 0.17% |
2,620
-21
| -0.8% | -$2.44K |
2016 Q3
5 quarters
|
|
99
JBT Marel
JBTM
$5.43B
| $293K | 0.17% |
2,644
-16
| -0.6% | -$1.75K |
2017 Q2
2 quarters
|
|
|
EBIX
100
DELISTED
Ebix Inc
EBIX
| $291K | 0.17% |
3,673
-32
| -0.9% | -$2.33K |
2017 Q3
1 quarter
|
|
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Miles Capital's Q4 2017 Portfolio in Review
As of Q4 2017, Miles Capital held 204 positions worth $172M, down 2.3% from $176M the previous quarter. Its ten largest holdings account for 47% of the portfolio.
Miles Capital withdrew a net $9.29M in Q4 2017, closing 18 positions and reducing 107 holdings. Its most notable exit was Procter & Gamble, an estimated $478K position sold in full.
By sector, the portfolio is most concentrated in Miscellaneous at 46% of assets, down from 50% a quarter earlier, followed by Financials and Technology.
Against the trend, Miles Capital opened a new position in State Street SPDR S&P Biotech ETF worth $809K.
- Miles Capital's largest Q4 2017 buy was State Street SPDR S&P Biotech ETF: 9,533 shares worth $809K.
- Miles Capital added most to iShares iBoxx $ High Yield Corporate Bond ETF in Q4 2017, an estimated $2.2M increase.
- Miles Capital's biggest Q4 2017 reduction was State Street SPDR Bloomberg High Yield Bond ETF, cutting an estimated $11.1M.
- Miles Capital fully exited Procter & Gamble in Q4 2017, selling an estimated $478K.
- Miles Capital's ten largest holdings make up 47% of its $172M portfolio in Q4 2017.
- Miles Capital opened 22 new positions and closed 18 in Q4 2017.
- Miles Capital's portfolio value fell 2.3% quarter-over-quarter to $172M.
Based on Miles Capital's 13F filing for Q4 2017, filed 31 Jan 2018.