We are live on
!
Find out more
NCM
Newgate Capital Management Portfolio holdings
AUM
$121M
1-Year Est. Return
3.73%
This Fund
S&P 500
This Quarter
Est. Return
+1.93%
1 Year Est. Return
-3.73%
3 Year Est. Return
+7.69%
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$111M
AUM Growth
-$23.2M
(-17%)
Cap. Flow
-$24.4M
Cap. Flow
% of AUM
-21.96%
Top 10 Holdings %
Top 10 Hldgs %
50.16%
Holding
117
New
21
Increased
25
Reduced
39
Closed
27
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invesco National AMT-Free Municipal Bond ETF
PZA
|
+$2.48M |
| 2 |
VanEck High Yield Muni ETF
HYD
|
+$1.77M |
| 3 |
BlackRock Enhanced Global Dividend Trust
BOE
|
+$1.66M |
| 4 |
AWP
abrdn Global Premier Properties Fund
AWP
|
+$1.43M |
| 5 |
State Street SPDR Bloomberg International Treasury Bond ETF
BWX
|
+$1.4M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
PCI
PIMCO Dynamic Credit and Mortgage Income Fund
PCI
|
+$5.48M |
| 2 |
AWF
AllianceBernstein Global High Income Fund
AWF
|
+$4.23M |
| 3 |
BGX
Blackstone Long-Short Credit Income Fund
BGX
|
+$3.35M |
| 4 |
Nuveen Credit Strategies Income Fund
JQC
|
+$3.22M |
| 5 |
BlackRock Debt Strategies Fund
DSU
|
+$2.87M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Energy | 9.3% |
| 2 | Financials | 5.71% |
| 3 | Materials | 4.97% |
| 4 | Communication Services | 3.48% |
| 5 | Utilities | 2.74% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
SHI
26
DELISTED
Sinopec Shanghai Petrochemical Co., Ltd.
SHI
| $1.04M | 0.94% |
+20,707
| New | +$883K |
|
27
Apple
AAPL
$4.99T
| $993K | 0.89% |
36,456
| – | – |
|
|
HQH
28
abrdn Healthcare Investors
HQH
$1.25B
| $930K | 0.84% |
+38,744
| New | +$922K |
|
29
SLB Ltd
SLB
$74.2B
| $877K | 0.79% |
11,894
+3,264
| +38% | +$230K |
|
30
Halliburton
HAL
$26.1B
| $801K | 0.72% |
22,433
-333
| -1% | -$10.9K |
|
31
CEMIG Preferred Shares
CIG
$6.21B
| $772K | 0.69% |
669,810
-100,964
| -13% | -$82.4K |
|
32
State Street SPDR Nuveen ICE Municipal Bond ETF
TFI
$3.06B
| $717K | 0.64% |
+14,554
| New | +$716K |
|
33
Alibaba
BABA
$276B
| $663K | 0.6% |
8,389
+646
| +8% | +$45.5K |
|
34
NetEase
NTES
$81.5B
| $649K | 0.58% |
+22,615
| New | +$678K |
|
35
Cemex
CX
$17.3B
| $598K | 0.54% |
88,800
-16,048
| -15% | -$79.1K |
|
36
TC Energy
TRP
$70.5B
| $551K | 0.5% |
14,025
+380
| +3% | +$13.3K |
|
37
PBF Energy
PBF
$7.22B
| $550K | 0.49% |
16,561
+747
| +5% | +$23.9K |
|
38
Infosys
INFY
$50B
| $547K | 0.49% |
57,548
-30,114
| -34% | -$262K |
|
39
Meta Platforms (Facebook)
META
$1.51T
| $540K | 0.49% |
4,737
| – | – |
|
40
Valero Energy
VLO
$88.7B
| $529K | 0.48% |
8,253
-626
| -7% | -$39.8K |
|
41
SFL Corp
SFL
$1.61B
| $524K | 0.47% |
37,693
+3,499
| +10% | +$47K |
|
42
Braskem
BAK
$944M
| $512K | 0.46% |
+42,041
| New | +$537K |
|
43
LyondellBasell Industries
LYB
$18.8B
| $509K | 0.46% |
5,942
-1,226
| -17% | -$98.4K |
|
|
TSE
44
DELISTED
Trinseo
TSE
| $509K | 0.46% |
13,841
-3,671
| -21% | -$104K |
|
|
ANDV
45
DELISTED
Andeavor
ANDV
| $508K | 0.46% |
5,904
-401
| -6% | -$34.4K |
|
46
OGE Energy
OGE
$10.2B
| $498K | 0.45% |
17,558
+618
| +4% | +$16.3K |
|
47
Wheaton Precious Metals
WPM
$49.8B
| $488K | 0.44% |
+29,441
| New | +$426K |
|
48
Newmont
NEM
$96.4B
| $486K | 0.44% |
+18,277
| New | +$423K |
|
49
Celanese
CE
$4.77B
| $478K | 0.43% |
7,335
-2,547
| -26% | -$158K |
|
|
MBT
50
DELISTED
Mobile TeleSystems Public Joint Stock Company American Depositary Shares (Each representing 2 Shares
MBT
| $477K | 0.43% |
58,985
-10,918
| -16% | -$76K |
|
Similar funds
HDE
BPV
FV2GP
EIGI
EGA
WCM
WCM
VP
Newgate Capital Management's Q1 2016 Portfolio in Review
As of Q1 2016, Newgate Capital Management held 117 positions worth $111M, down 17% from $134M the previous quarter. Its ten largest holdings account for 50% of the portfolio.
Newgate Capital Management withdrew a net $24.4M in Q1 2016, closing 27 positions and reducing 39 holdings. Its most notable exit was PIMCO Dynamic Credit and Mortgage Income Fund, an estimated $5.48M position sold in full.
By sector, the portfolio is most concentrated in Energy at 9.3% of assets, up from 7.4% a quarter earlier, followed by Financials and Materials.
Against the trend, Newgate Capital Management opened a new position in Invesco National AMT-Free Municipal Bond ETF worth $2.49M.
- Newgate Capital Management's largest Q1 2016 buy was Invesco National AMT-Free Municipal Bond ETF: 96,908 shares worth $2.49M.
- Newgate Capital Management added most to Saba Capital Income & Opportunities Fund in Q1 2016, an estimated $1.34M increase.
- Newgate Capital Management's biggest Q1 2016 reduction was Nuveen Credit Strategies Income Fund, cutting an estimated $3.22M.
- Newgate Capital Management fully exited PIMCO Dynamic Credit and Mortgage Income Fund in Q1 2016, selling an estimated $5.48M.
- Newgate Capital Management's ten largest holdings make up 50% of its $111M portfolio in Q1 2016.
- Newgate Capital Management opened 21 new positions and closed 27 in Q1 2016.
- Newgate Capital Management's portfolio value fell 17% quarter-over-quarter to $111M.
Based on Newgate Capital Management's 13F filing for Q1 2016, filed 29 Apr 2016.