Panagora Asset Management Portfolio holdings

Panagora Asset Management's Q3 2019 Portfolio in Review

As of Q3 2019, Panagora Asset Management held 2,893 positions worth $21.7B, down 3.1% from $22.4B the previous quarter. Its ten largest holdings account for 19% of the portfolio.

Panagora Asset Management withdrew a net $839M in Q3 2019, closing 388 positions and reducing 1,165 holdings. Its most notable exit was Elanco Animal Health, an estimated $9.69M position sold in full.

By sector, the portfolio is most concentrated in Technology at 18% of assets, up from 18% a quarter earlier, followed by Financials and Consumer Discretionary.

Against the trend, Panagora Asset Management opened a new position in R1 RCM Inc. Common Stock worth $3.58M.

• Panagora Asset Management's largest Q3 2019 buy was R1 RCM Inc. Common Stock: 401,409 shares worth $3.58M.
• Panagora Asset Management added most to PayPal in Q3 2019, an estimated $122M increase.
• Panagora Asset Management's biggest Q3 2019 reduction was Kimberly-Clark, cutting an estimated $137M.
• Panagora Asset Management fully exited Elanco Animal Health in Q3 2019, selling an estimated $9.69M.
• Panagora Asset Management's ten largest holdings make up 19% of its $21.7B portfolio in Q3 2019.
• Panagora Asset Management opened 246 new positions and closed 388 in Q3 2019.
• Panagora Asset Management's portfolio value fell 3.1% quarter-over-quarter to $21.7B.

Based on Panagora Asset Management's 13F filing for Q3 2019, filed 12 Nov 2019.