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 | |
|---|---|---|---|---|---|---|---|
|
101
Rayonier Advanced Materials
RYAM
$477M
| $290K | 0.17% |
+14,160
| New | +$238K |
2017 Q4
0 quarters
|
|
102
Boise Cascade
BCC
$2.58B
| $287K | 0.17% |
7,196
-44
| -0.6% | -$1.63K |
2017 Q3
1 quarter
|
|
103
SAP
SAP
$254B
| $286K | 0.17% |
2,541
| – | – |
2016 Q4
4 quarters
|
|
104
Federal Signal
FSS
$6.9B
| $285K | 0.17% |
14,175
-89
| -0.6% | -$1.87K |
2017 Q3
1 quarter
|
|
105
Merck
MRK
$364B
| $283K | 0.16% |
5,276
-113
| -2% | -$6.26K |
2016 Q4
4 quarters
|
|
106
Philip Morris
PM
$320B
| $280K | 0.16% |
2,650
-45
| -2% | -$4.79K |
2016 Q4
4 quarters
|
|
107
Five Below
FIVE
$12.1B
| $276K | 0.16% |
4,155
-24
| -0.6% | -$1.44K |
2017 Q2
2 quarters
|
|
108
Banco Santander
SAN
$194B
| $276K | 0.16% |
44,084
+7
| +0% | +$44 |
2016 Q3
5 quarters
|
|
109
Valero Energy
VLO
$132B
| $273K | 0.16% |
2,969
-15
| -0.5% | -$1.24K |
2016 Q4
4 quarters
|
|
110
Alamo Group
ALG
$1.87B
| $271K | 0.16% |
2,403
-19
| -0.8% | -$2.12K |
2017 Q2
2 quarters
|
|
111
Everforth Inc
EFOR
$1.58B
| $270K | 0.16% |
4,202
-25
| -0.6% | -$1.51K |
2017 Q3
1 quarter
|
|
112
Scotiabank
BNS
$110B
| $270K | 0.16% |
4,181
| – | – |
2016 Q3
5 quarters
|
|
113
Evercore
EVR
$9.79B
| $270K | 0.16% |
3,003
-32
| -1% | -$2.67K |
2017 Q2
2 quarters
|
|
114
DELISTED
Barnes Group Inc.
B
| $269K | 0.16% |
4,252
-29
| -0.7% | -$1.92K |
2016 Q4
4 quarters
|
|
115
Omnicell
OMCL
$1.61B
| $267K | 0.15% |
5,512
-42
| -0.8% | -$2.12K |
2017 Q1
3 quarters
|
|
116
Union Pacific
UNP
$170B
| $266K | 0.15% |
1,985
-14
| -0.7% | -$1.69K |
2017 Q1
3 quarters
|
|
117
Enova International
ENVA
$4.34B
| $264K | 0.15% |
17,385
-108
| -0.6% | -$1.59K |
2017 Q3
1 quarter
|
|
118
DELISTED
Hillenbrand
HI
| $262K | 0.15% |
5,863
-33
| -0.6% | -$1.38K |
2017 Q2
2 quarters
|
|
119
Applied Materials
AMAT
$354B
| $256K | 0.15% |
5,005
-6
| -0.1% | -$325 |
2017 Q1
3 quarters
|
|
120
NMI Holdings
NMIH
$2.99B
| $254K | 0.15% |
+14,915
| New | +$233K |
2017 Q4
0 quarters
|
|
121
Tetra Tech
TTEK
$8.61B
| $253K | 0.15% |
26,275
-160
| -0.6% | -$1.55K |
2017 Q2
2 quarters
|
|
|
USCR
122
DELISTED
U S Concrete, Inc.
USCR
| $253K | 0.15% |
3,027
-164
| -5% | -$12.9K |
2017 Q2
2 quarters
|
|
123
Vanguard Short-Term Treasury ETF
VGSH
$35.1B
| $252K | 0.15% |
4,186
+95
| +2% | +$5.75K |
2016 Q4
4 quarters
|
|
124
AH Realty Trust
AHRT
$435M
| $251K | 0.15% |
16,148
-114
| -0.7% | -$1.69K |
2017 Q3
1 quarter
|
|
125
Oracle
ORCL
$396B
| $251K | 0.15% |
5,300
-537
| -9% | -$26.3K |
2013 Q3
17 quarters
|
|
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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.