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 | |
|---|---|---|---|---|---|---|---|
176
Universal Health Services
UHS
$11B
| $205K | 0.14% |
+1,531
| New | +$202K |
2016 Q2
0 quarters
|
|
177
NXP Semiconductors
NXPI
$55.7B
| $202K | 0.14% |
+2,574
| New | +$221K |
2016 Q2
0 quarters
|
|
178
Amgen
AMGN
$230B
| $201K | 0.14% |
1,320
-987
| -43% | -$153K |
2014 Q4
6 quarters
|
|
179
Boeing
BA
$146B
| $200K | 0.14% |
1,543
-3,395
| -69% | -$443K |
2014 Q3
7 quarters
|
|
180
iShares MSCI Japan ETF
EWJ
$23.3B
| $146K | 0.1% |
3,184
| – | – |
2013 Q4
10 quarters
|
|
181
Mitsubishi UFJ Financial
MUFG
$246B
| $120K | 0.08% |
+26,997
| New | +$128K |
2016 Q2
0 quarters
|
|
182
BGC Group
BGC
$5.37B
| $90K | 0.06% |
16,156
-87,458
| -84% | -$507K |
2015 Q2
4 quarters
|
|
183
American Electric Power
AEP
$68.7B
| – | – |
-12,170
| Closed | -$808K | – |
|
184
DELISTED
Allete
ALE
| – | – |
-6,804
| Closed | -$382K | – |
|
185
AMN Healthcare
AMN
$1.46B
| – | – |
-9,559
| Closed | -$321K | – |
|
186
Baxter International
BAX
$12.8B
| – | – |
-22,230
| Closed | -$913K | – |
|
187
Columbia Banking Systems
COLB
$7.93B
| – | – |
-8,566
| Closed | -$256K | – |
|
188
Emergent Biosolutions
EBS
$354M
| – | – |
-6,072
| Closed | -$221K | – |
|
189
HEICO Corp
HEI
$41.7B
| – | – |
-13,044
| Closed | -$321K | – |
|
190
Intel
INTC
$519B
| – | – |
-19,440
| Closed | -$629K | – |
|
191
Kaiser Aluminum
KALU
$2.42B
| – | – |
-3,224
| Closed | -$273K | – |
|
192
Lumentum
LITE
$81.2B
| – | – |
-10,313
| Closed | -$278K | – |
|
193
Lockheed Martin
LMT
$121B
| – | – |
-2,643
| Closed | -$585K | – |
|
194
Mattel
MAT
$4.76B
| – | – |
-18,427
| Closed | -$620K | – |
|
195
MarketAxess Holdings
MKTX
$5.79B
| – | – |
-2,057
| Closed | -$257K | – |
|
196
Motorcar Parts of America
MPAA
$197M
| – | – |
-8,830
| Closed | -$335K | – |
|
197
Marathon Petroleum
MPC
$136B
| – | – |
-11,291
| Closed | -$420K | – |
|
198
Newell Brands
NWL
$2.33B
| – | – |
-15,378
| Closed | -$681K | – |
|
199
Occidental Petroleum
OXY
$61.4B
| – | – |
-10,600
| Closed | -$725K | – |
|
200
Paychex
PAYX
$38.6B
| – | – |
-15,271
| Closed | -$825K | – |
|
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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.