We are live on
!
Find out more
NTC
North Tide Capital Portfolio holdings
AUM
$469M
1-Year Est. Return
6.57%
This Fund
S&P 500
This Quarter
Est. Return
+1.54%
1 Year Est. Return
+6.57%
3 Year Est. Return
+14.81%
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$1B
AUM Growth
-$142M
(-12%)
Cap. Flow
-$188M
Cap. Flow
% of AUM
-18.67%
Top 10 Holdings %
Top 10 Hldgs %
87.39%
Holding
18
New
2
Increased
4
Reduced
5
Closed
4
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Community Health Systems
CYH
|
+$93.8M |
| 2 |
Brookdale Senior Living
BKD
|
+$75.4M |
| 3 |
KND
Kindred Healthcare
KND
|
+$32.4M |
| 4 |
SVU
SUPERVALU Inc.
SVU
|
+$20.5M |
| 5 |
TVTY
Tivity Health, Inc. Common Stock
TVTY
|
+$7.91M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Teva Pharmaceuticals
TEVA
|
+$105M |
| 2 |
Viatris
VTRS
|
+$96.2M |
| 3 |
AMED
Amedisys
AMED
|
+$80M |
| 4 |
IMS
IMS HEALTH HLDGS INC COM STK (DE)
IMS
|
+$50.9M |
| 5 |
Align Technology
ALGN
|
+$28.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 80.41% |
| 2 | Consumer Discretionary | 4.76% |
| 3 | Technology | 0% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
SEM
1
DELISTED
Select Medical
SEM
| $156M | 15.53% |
24,313,600
| – | – |
|
|
SVU
2
DELISTED
SUPERVALU Inc.
SVU
| $122M | 12.15% |
2,571,429
+428,572
| +20% | +$20.5M |
|
|
3
Viatris
VTRS
$20.1B
| $108M | 10.76% |
2,000,000
-2,000,000
| -50% | -$96.2M |
|
|
KND
4
DELISTED
Kindred Healthcare
KND
| $89.3M | 8.89% |
7,500,000
+2,500,000
| +50% | +$32.4M |
|
|
5
Community Health Systems
CYH
$465M
| $79.6M | 7.92% |
+3,630,000
| New | +$93.8M |
|
|
AMED
6
DELISTED
Amedisys
AMED
| $78.6M | 7.83% |
2,000,000
-2,000,000
| -50% | -$80M |
|
|
7
Teva Pharmaceuticals
TEVA
$37.3B
| $65.6M | 6.53% |
1,000,000
-1,700,000
| -63% | -$105M |
|
|
8
Brookdale Senior Living
BKD
$3.58B
| $64.6M | 6.43% |
+3,500,000
| New | +$75.4M |
|
|
TVTY
9
DELISTED
Tivity Health, Inc. Common Stock
TVTY
| $57.9M | 5.76% |
4,500,000
+650,000
| +17% | +$7.91M |
|
|
MNK
10
DELISTED
MALLINCKRODT PUBLIC LIMITED COMPANY
MNK
| $56M | 5.57% |
750,000
-250,000
| -25% | -$16.8M |
|
|
AFAM
11
DELISTED
Almost Family Inc
AFAM
| $47.8M | 4.76% |
1,250,000
| – | – |
|
12
Orthofix Medical
OFIX
$468M
| $39.2M | 3.9% |
1,000,000
-500,000
| -33% | -$18.7M |
|
|
ELOS
13
DELISTED
Syneron Medical Ltd
ELOS
| $27M | 2.69% |
3,500,000
+500,000
| +17% | +$3.81M |
|
|
VVUS
14
DELISTED
Vivus Inc
VVUS
| $12.8M | 1.27% |
1,250,000
| – | – |
|
|
15
Align Technology
ALGN
$12.7B
| – | – |
-500,000
| Closed | -$28.4M |
|
|
NXGN
16
DELISTED
NextGen Healthcare, Inc. Common Stock
NXGN
| – | – |
-1,020,000
| Closed | -$12.7M |
|
|
AEGR
17
DELISTED
Aegerion Pharmaceuticals
AEGR
| – | – |
-919,414
| Closed | -$12.5M |
|
|
IMS
18
DELISTED
IMS HEALTH HLDGS INC COM STK (DE)
IMS
| – | – |
-1,750,000
| Closed | -$50.9M |
|
Similar funds
SD
DG
NBC
JWM
JPCCM
MCL
GIIO
FC
North Tide Capital's Q4 2015 Portfolio in Review
As of Q4 2015, North Tide Capital held 18 positions worth $1B, down 12% from $1.15B the previous quarter. Its ten largest holdings account for 87% of the portfolio.
North Tide Capital withdrew a net $188M in Q4 2015, closing 4 positions and reducing 5 holdings. Its most notable exit was IMS HEALTH HLDGS INC COM STK (DE), an estimated $50.9M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 80% of assets, up from 79% a quarter earlier, followed by Consumer Discretionary and Technology.
Against the trend, North Tide Capital opened a new position in Community Health Systems worth $79.6M.
- North Tide Capital's largest Q4 2015 buy was Community Health Systems: 3,630,000 shares worth $79.6M.
- North Tide Capital added most to Kindred Healthcare in Q4 2015, an estimated $32.4M increase.
- North Tide Capital's biggest Q4 2015 reduction was Teva Pharmaceuticals, cutting an estimated $105M.
- North Tide Capital fully exited IMS HEALTH HLDGS INC COM STK (DE) in Q4 2015, selling an estimated $50.9M.
- North Tide Capital's ten largest holdings make up 87% of its $1B portfolio in Q4 2015.
- North Tide Capital opened 2 new positions and closed 4 in Q4 2015.
- North Tide Capital's portfolio value fell 12% quarter-over-quarter to $1B.
Based on North Tide Capital's 13F filing for Q4 2015, filed 16 Feb 2016.