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NCM
Newgate Capital Management Portfolio holdings
AUM
$121M
1-Year Est. Return
3.73%
This Fund
S&P 500
This Quarter
Est. Return
+7.93%
1 Year Est. Return
-3.73%
3 Year Est. Return
+7.69%
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$382M
AUM Growth
-$67.5M
(-15%)
Cap. Flow
-$95.4M
Cap. Flow
% of AUM
-24.99%
Top 10 Holdings %
Top 10 Hldgs %
27.84%
Holding
129
New
23
Increased
13
Reduced
66
Closed
23
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
AWF
AllianceBernstein Global High Income Fund
AWF
|
+$6.19M |
| 2 |
AngloGold Ashanti
AU
|
+$5.03M |
| 3 |
Banco Bradesco
BBD
|
+$3.92M |
| 4 |
FEI
FIRST TRUST MLP AND ENERGY INCOME FUND
FEI
|
+$3.01M |
| 5 |
Melco Resorts & Entertainment
MLCO
|
+$2.64M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
IRR
VOYA NATURAL RESOURCES EQUITY INCOME FUND
IRR
|
+$6.72M |
| 2 |
Vale
VALE
|
+$6.33M |
| 3 |
Infosys
INFY
|
+$6.28M |
| 4 |
SSRI
Silver Standard Resources
SSRI
|
+$5.74M |
| 5 |
CEMIG Preferred Shares
CIG
|
+$5.05M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Materials | 17.85% |
| 2 | Energy | 12.52% |
| 3 | Financials | 10.95% |
| 4 | Technology | 8.6% |
| 5 | Communication Services | 4.12% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
26
AngloGold Ashanti
AU
$40.3B
| $5.08M | 1.33% |
+294,858
| New | +$5.03M |
|
|
SABA
27
Saba Capital Income & Opportunities Fund II
SABA
$220M
| $5.04M | 1.32% |
304,837
+135,441
| +80% | +$2.16M |
|
28
Companhia Siderúrgica Nacional
SID
$1.43B
| $4.92M | 1.29% |
1,154,682
-425,744
| -27% | -$1.76M |
|
|
NBIS
29
Nebius Group N.V.
NBIS
$47.7B
| $4.91M | 1.29% |
137,685
-32,737
| -19% | -$1M |
|
30
Nuveen Floating Rate Income Fund
JFR
$1.23B
| $4.91M | 1.29% |
405,433
+90,040
| +29% | +$1.06M |
|
|
NSL
31
DELISTED
NUVEEN SENIOR INCM FD
NSL
| $4.83M | 1.27% |
685,557
-24,716
| -3% | -$173K |
|
|
BGX
32
Blackstone Long-Short Credit Income Fund
BGX
$135M
| $4.79M | 1.26% |
270,287
-17,158
| -6% | -$305K |
|
|
VTA
33
DELISTED
INVESCO DYNAMIC CREDIT OPPORTUNITIES FUND
VTA
| $4.78M | 1.25% |
369,342
-21,103
| -5% | -$273K |
|
34
Freeport-McMoran
FCX
$90B
| $3.99M | 1.05% |
109,327
-33,796
| -24% | -$1.16M |
|
|
35
Banco Bradesco
BBD
$38.1B
| $3.82M | 1% |
+670,974
| New | +$3.92M |
|
|
JMF
36
DELISTED
NUVEEN ENERGY MLP TOTAL RETURN FUND
JMF
| $3.73M | 0.98% |
168,016
-65
| -0% | -$1.34K |
|
37
Huntsman Corp
HUN
$2.24B
| $3.42M | 0.9% |
121,771
-38,505
| -24% | -$1.01M |
|
38
LyondellBasell Industries
LYB
$19.5B
| $3.34M | 0.87% |
34,172
-11,045
| -24% | -$1.05M |
|
|
FEI
39
DELISTED
FIRST TRUST MLP AND ENERGY INCOME FUND
FEI
| $3.16M | 0.83% |
+146,440
| New | +$3.01M |
|
40
Celanese
CE
$5.09B
| $3.1M | 0.81% |
48,301
-15,204
| -24% | -$923K |
|
|
EVF
41
Eaton Vance Senior Income Trust
EVF
$90.3M
| $3M | 0.79% |
440,042
-18,007
| -4% | -$123K |
|
|
JSD
42
DELISTED
NUVEEN SHORT DURATION CREDIT OPPORTUNITIES FUND
JSD
| $2.99M | 0.78% |
162,604
-5,795
| -3% | -$106K |
|
43
Deere & Co
DE
$170B
| $2.99M | 0.78% |
33,025
-10,249
| -24% | -$942K |
|
|
WLL
44
DELISTED
Whiting Petroleum Corporation
WLL
| $2.97M | 0.78% |
124
-38
| -23% | -$843K |
|
|
NFX
45
DELISTED
Newfield Exploration
NFX
| $2.86M | 0.75% |
64,605
-40,874
| -39% | -$1.47M |
|
46
BHP
BHP
$213B
| $2.82M | 0.74% |
48,757
-15,455
| -24% | -$908K |
|
|
47
Melco Resorts & Entertainment
MLCO
$2.1B
| $2.72M | 0.71% |
+76,249
| New | +$2.64M |
|
|
MUE
48
DELISTED
BlackRock MuniHoldings Quality Fund II
MUE
| $2.71M | 0.71% |
204,263
-35,166
| -15% | -$461K |
|
|
CLR
49
DELISTED
CONTINENTAL RESOURCES INC.
CLR
| $2.65M | 0.69% |
33,562
-10,768
| -24% | -$749K |
|
50
Banco de Chile
BCH
$20.6B
| $2.55M | 0.67% |
+109,707
| New | +$2.58M |
|
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VP
Newgate Capital Management's Q2 2014 Portfolio in Review
As of Q2 2014, Newgate Capital Management held 129 positions worth $382M, down 15% from $449M the previous quarter. Its ten largest holdings account for 28% of the portfolio.
Newgate Capital Management withdrew a net $95.4M in Q2 2014, closing 23 positions and reducing 66 holdings. Its most notable exit was abrdn Total Dynamic Dividend Fund, an estimated $4.32M position sold in full.
By sector, the portfolio is most concentrated in Materials at 18% of assets, down from 22% a quarter earlier, followed by Energy and Financials.
Against the trend, Newgate Capital Management opened a new position in AllianceBernstein Global High Income Fund worth $6.09M.
- Newgate Capital Management's largest Q2 2014 buy was AllianceBernstein Global High Income Fund: 423,886 shares worth $6.09M.
- Newgate Capital Management added most to ClearBridge MLP and Midstream Total Return Fund Inc. in Q2 2014, an estimated $2.33M increase.
- Newgate Capital Management's biggest Q2 2014 reduction was VOYA NATURAL RESOURCES EQUITY INCOME FUND, cutting an estimated $6.72M.
- Newgate Capital Management fully exited abrdn Total Dynamic Dividend Fund in Q2 2014, selling an estimated $4.32M.
- Newgate Capital Management's ten largest holdings make up 28% of its $382M portfolio in Q2 2014.
- Newgate Capital Management opened 23 new positions and closed 23 in Q2 2014.
- Newgate Capital Management's portfolio value fell 15% quarter-over-quarter to $382M.
Based on Newgate Capital Management's 13F filing for Q2 2014, filed 8 Aug 2014.