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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
+3.44%
1 Year Est. Return
-3.73%
3 Year Est. Return
+7.69%
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$121M
AUM Growth
+$9.83M
(+8.8%)
Cap. Flow
+$7.61M
Cap. Flow
% of AUM
6.29%
Top 10 Holdings %
Top 10 Hldgs %
50.51%
Holding
115
New
25
Increased
39
Reduced
23
Closed
26
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invesco Senior Income Trust
VVR
|
+$3.18M |
| 2 |
Nuveen AMT-Free Municipal Credit Income Fund
NVG
|
+$2.95M |
| 3 |
GLO
Clough Global Opportunities Fund
GLO
|
+$2.42M |
| 4 |
BRW
Saba Capital Income & Opportunities Fund
BRW
|
+$1.66M |
| 5 |
DRA
Diversified Real Asset Income Fd
DRA
|
+$1.61M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
JSD
NUVEEN SHORT DURATION CREDIT OPPORTUNITIES FUND
JSD
|
+$2.9M |
| 2 |
NIO
NUVEEN MUNICIPAL OPPORTUNITY FUND INC
NIO
|
+$1.8M |
| 3 |
NSL
NUVEEN SENIOR INCM FD
NSL
|
+$1.61M |
| 4 |
State Street SPDR Bloomberg International Treasury Bond ETF
BWX
|
+$1.47M |
| 5 |
NCV
Virtus Convertible & Income Fund
NCV
|
+$1.47M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Energy | 10.63% |
| 2 | Materials | 5.89% |
| 3 | Financials | 4.08% |
| 4 | Communication Services | 2.58% |
| 5 | Technology | 1.75% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
AGN
76
DELISTED
Allergan plc
AGN
| $306K | 0.25% |
+1,322
| New | +$305K |
|
77
TC Energy
TRP
$71.4B
| $299K | 0.25% |
6,620
-7,405
| -53% | -$306K |
|
78
Alphabet (Google) Class A
GOOGL
$4.3T
| $296K | 0.24% |
8,420
| – | – |
|
79
Palo Alto Networks
PANW
$284B
| $284K | 0.23% |
+13,908
| New | +$322K |
|
|
MDR
80
DELISTED
McDermott International
MDR
| $282K | 0.23% |
+19,054
| New | +$257K |
|
|
CLR
81
DELISTED
CONTINENTAL RESOURCES INC.
CLR
| $280K | 0.23% |
+6,193
| New | +$243K |
|
|
VTLE
82
DELISTED
Vital Energy
VTLE
| $270K | 0.22% |
+1,288
| New | +$284K |
|
83
Huntsman Corp
HUN
$2.1B
| $258K | 0.21% |
+19,198
| New | +$282K |
|
84
Frontline
FRO
$8.22B
| $248K | 0.2% |
31,524
-2,872
| -8% | -$23.6K |
|
|
RDC
85
DELISTED
Rowan Companies Plc
RDC
| $234K | 0.19% |
13,273
+3,196
| +32% | +$55.4K |
|
86
Rayonier Advanced Materials
RYAM
$552M
| $224K | 0.19% |
+16,484
| New | +$202K |
|
87
Bank of America
BAC
$424B
| $171K | 0.14% |
12,922
-12,915
| -50% | -$181K |
|
88
Tronox
TROX
$949M
| $142K | 0.12% |
+32,145
| New | +$182K |
|
|
WLL
89
DELISTED
Whiting Petroleum Corporation
WLL
| $137K | 0.11% |
+49
| New | +$162K |
|
|
90
State Street SPDR Bloomberg International Treasury Bond ETF
BWX
$1.33B
| – | – |
-52,730
| Closed | -$1.47M |
|
91
Citigroup
C
$216B
| – | – |
-8,074
| Closed | -$337K |
|
92
CEMIG Preferred Shares
CIG
$6.15B
| – | – |
-669,810
| Closed | -$772K |
|
93
HF Sinclair
DINO
$16.3B
| – | – |
-7,567
| Closed | -$267K |
|
94
Enbridge
ENB
$122B
| – | – |
-9,296
| Closed | -$362K |
|
95
FirstEnergy
FE
$28.1B
| – | – |
-12,308
| Closed | -$443K |
|
96
ICICI Bank
IBN
$107B
| – | – |
-64,312
| Closed | -$419K |
|
97
Dorian LPG
LPG
$1.84B
| – | – |
-28,778
| Closed | -$271K |
|
98
Nordic American Tanker
NAT
$1.3B
| – | – |
-30,985
| Closed | -$433K |
|
|
NCV
99
Virtus Convertible & Income Fund
NCV
$381M
| – | – |
-67,127
| Closed | -$1.47M |
|
100
Netflix
NFLX
$281B
| – | – |
-33,910
| Closed | -$347K |
|
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Newgate Capital Management's Q2 2016 Portfolio in Review
As of Q2 2016, Newgate Capital Management held 115 positions worth $121M, up 8.8% from $111M the previous quarter. Its ten largest holdings account for 51% of the portfolio.
Newgate Capital Management deployed $7.61M of net new capital in Q2 2016, opening 25 new positions and adding to 39 existing holdings. Its largest new stake was Nuveen AMT-Free Municipal Credit Income Fund: 188,667 shares worth $3.05M.
By sector, the portfolio is most concentrated in Energy at 11% of assets, up from 9.3% a quarter earlier, followed by Materials and Financials.
On the sell side, the largest reduction was NUVEEN SENIOR INCM FD, an estimated $1.61M trimmed.
- Newgate Capital Management's largest Q2 2016 buy was Nuveen AMT-Free Municipal Credit Income Fund: 188,667 shares worth $3.05M.
- Newgate Capital Management added most to Invesco Senior Income Trust in Q2 2016, an estimated $3.18M increase.
- Newgate Capital Management's biggest Q2 2016 reduction was NUVEEN SENIOR INCM FD, cutting an estimated $1.61M.
- Newgate Capital Management fully exited NUVEEN SHORT DURATION CREDIT OPPORTUNITIES FUND in Q2 2016, selling an estimated $2.9M.
- Newgate Capital Management's ten largest holdings make up 51% of its $121M portfolio in Q2 2016.
- Newgate Capital Management opened 25 new positions and closed 26 in Q2 2016.
- Newgate Capital Management's portfolio value rose 8.8% quarter-over-quarter to $121M.
Based on Newgate Capital Management's 13F filing for Q2 2016, filed 3 Aug 2016.