North American Management Portfolio holdings

North American Management's Q4 2014 Portfolio in Review

As of Q4 2014, North American Management held 140 positions worth $639M, down 0.49% from $642M the previous quarter. Its ten largest holdings account for 37% of the portfolio.

North American Management withdrew a net $21.8M in Q4 2014, closing 6 positions and reducing 55 holdings. Its most notable exit was Scripps Networks Interactive, Inc Common Class A, an estimated $9.8M position sold in full.

By sector, the portfolio is most concentrated in Healthcare at 16% of assets, up from 15% a quarter earlier, followed by Industrials and Financials.

Against the trend, North American Management opened a new position in CDK Global, Inc. worth $1.19M.

• North American Management's largest Q4 2014 buy was CDK Global, Inc.: 29,203 shares worth $1.19M.
• North American Management added most to Qualcomm in Q4 2014, an estimated $4.22M increase.
• North American Management's biggest Q4 2014 reduction was COMCAST CORP SPL A (NEW), cutting an estimated $10M.
• North American Management fully exited Scripps Networks Interactive, Inc Common Class A in Q4 2014, selling an estimated $9.8M.
• North American Management's ten largest holdings make up 37% of its $639M portfolio in Q4 2014.
• North American Management opened 5 new positions and closed 6 in Q4 2014.
• North American Management's portfolio value fell 0.49% quarter-over-quarter to $639M.

Based on North American Management's 13F filing for Q4 2014, filed 11 Feb 2015.