New Century Advisors Portfolio holdings

New Century Advisors's Q2 2014 Portfolio in Review

As of Q2 2014, New Century Advisors held 46 positions worth $120M, down 3.4% from $124M the previous quarter. Its ten largest holdings account for 45% of the portfolio.

New Century Advisors withdrew a net $10.9M in Q2 2014, closing 6 positions and reducing 8 holdings. Its most notable exit was Hess, an estimated $4.84M position sold in full.

By sector, the portfolio is most concentrated in Materials at 20% of assets, up from 18% a quarter earlier, followed by Energy and Technology.

Against the trend, New Century Advisors opened a new position in iShares Silver Trust worth $3.23M.

• New Century Advisors's largest Q2 2014 buy was iShares Silver Trust: 160,000 shares worth $3.23M.
• New Century Advisors added most to iShares MSCI Japan ETF in Q2 2014, an estimated $1.48M increase.
• New Century Advisors's biggest Q2 2014 reduction was Microsoft, cutting an estimated $3.24M.
• New Century Advisors fully exited Hess in Q2 2014, selling an estimated $4.84M.
• New Century Advisors's ten largest holdings make up 45% of its $120M portfolio in Q2 2014.
• New Century Advisors opened 1 new position and closed 6 in Q2 2014.
• New Century Advisors's portfolio value fell 3.4% quarter-over-quarter to $120M.

Based on New Century Advisors's 13F filing for Q2 2014, filed 31 Jul 2014.