We are live on ! Find out more
PCM

Panning Capital Management Portfolio holdings

AUM $97.5M
1-Year Est. Return 302.5%
This Fund
S&P 500
This Quarter Est. Return
-11.6%
1 Year Est. Return
+302.5%
3 Year Est. Return
+348.92%
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$208M
AUM Growth
-$361M
Cap. Flow
-$326M
Cap. Flow %
-157.02%
Top 10 Hldgs %
97.54%
Holding
19
New
9
Increased
3
Reduced
1
Closed
6

Top Buys

Rank Stock Value
1
KMI.WS
Kinder Morgan Inc
KMI.WS
+$29.5M
2
EGLE
Eagle Bulk Shipping Inc.
EGLE
+$10.9M
3
NVGS icon
Navigator Holdings
NVGS
+$9.06M
4
REN
Resolute Energy Corporaton
REN
+$7.63M
5
DISH
DISH Network Corp.
DISH
+$6.73M

Top Sells

Rank Stock Value
1
NEE.PRP
NEXTERA ENERGY INC EQUITY UNIT
NEE.PRP
+$61.4M
2
EPB
EL PASO PIPELINE PARTNERS, L.P. COM UNITS REPSTG LTD PART
EPB
+$2.17M
3
BALT
BALTIC TRADING LIMITED COMMON STOCK
BALT
+$57.9K

Sector Composition

Rank Sector Weight
1 Energy 21.71%
2 Communication Services 18.77%
3 Industrials 14.06%
4 Materials 0.4%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
NVGS icon
1
Navigator Holdings
NVGS
$1.28B
$41.5M 20.01%
1,971,774
+412,860
+26% +$9.06M
KMI.WS
2
DELISTED
Kinder Morgan Inc
KMI.WS
$35.4M 17.05%
+8,307,253
New +$29.5M
GSAT icon
3
Globalstar
GSAT
$10.2B
$31.7M 15.26%
767,495
+67,495
+10% +$2.59M
BALT
4
DELISTED
BALTIC TRADING LIMITED COMMON STOCK
BALT
$18.2M 8.78%
7,262,918
-18,100
-0.2% -$57.9K
RSX
5
CALL
DELISTED
VanEck Russia ETF
RSX
$14.6M 7.05%
+1,000,000
New +$19.6M
EGLE
6
DELISTED
Eagle Bulk Shipping Inc.
EGLE
$10.9M 5.27%
5,326
+5,288
+13,916% +$10.9M
DISH
7
DELISTED
DISH Network Corp.
DISH
$7.29M 3.51%
+100,000
New +$6.73M
REN
8
DELISTED
Resolute Energy Corporaton
REN
$3.53M 1.7%
+534,864
New +$7.63M
MSB
9
Mesabi Trust
MSB
$320M
$828K 0.4%
+47,922
New +$885K
EEM icon
10
CALL
iShares MSCI Emerging Markets ETF
EEM
$28B
– –
-1,100,000
Closed -$45.7M
SPY icon
11
PUT
State Street SPDR S&P 500 ETF Trust
SPY
$774B
– –
-1,450,000
Closed -$286M
XLE icon
12
PUT
State Street Energy Select Sector SPDR ETF
XLE
$38.2B
– –
-800,000
Closed -$36.2M
EPB
13
DELISTED
EL PASO PIPELINE PARTNERS, L.P. COM UNITS REPSTG LTD PART
EPB
– –
-54,131
Closed -$2.17M
KMI.WS
14
CALL
DELISTED
Kinder Morgan Inc
KMI.WS
– –
-6,885,197
Closed -$25.1M
NEE.PRP
15
DELISTED
NEXTERA ENERGY INC EQUITY UNIT
NEE.PRP
– –
-1,125,000
Closed -$61.4M

Similar funds

EDRAML
Edmond de Rothschild Asset Management (Luxembourg) Luxembourg $95.2M AUM 19.45% 1-Year Est. Return
DCMM
DG Capital Management (Massachusetts) Boston, Massachusetts $102M AUM 29.14% 1-Year Est. Return
LOT
Lombard Odier Transatlantic Montreal, Quebec, Canada $105M AUM 10.28% 1-Year Est. Return
BGA
Belmont Global Advisors Dallas, Texas $106M AUM 2.89% 1-Year Est. Return
BCCM
Blue Clay Capital Management Minneapolis, Minnesota $88.7M AUM 6.88% 1-Year Est. Return
EIAM
Equinox Institutional Asset Management Princeton, New Jersey $87.9M AUM 1.01% 1-Year Est. Return
EC
Eachwin Capital New York $108M AUM 14.45% 1-Year Est. Return
SAMNY
Samsung Asset Management (New York) New York $109M AUM 14.34% 1-Year Est. Return

Panning Capital Management's Q4 2014 Portfolio in Review

As of Q4 2014, Panning Capital Management held 19 positions worth $208M, down 63% from $568M the previous quarter. Its ten largest holdings account for 98% of the portfolio.

Panning Capital Management withdrew a net $326M in Q4 2014, closing 6 positions and reducing 1 holding. Its most notable exit was NEXTERA ENERGY INC EQUITY UNIT, an estimated $61.4M position sold in full.

By sector, the portfolio is most concentrated in Energy at 22% of assets, up from 8% a quarter earlier, followed by Communication Services and Industrials.

Against the trend, Panning Capital Management opened a new position in Kinder Morgan Inc worth $35.4M.

  • Panning Capital Management's largest Q4 2014 buy was Kinder Morgan Inc: 8,307,253 shares worth $35.4M.
  • Panning Capital Management added most to Eagle Bulk Shipping Inc. in Q4 2014, an estimated $10.9M increase.
  • Panning Capital Management's biggest Q4 2014 reduction was BALTIC TRADING LIMITED COMMON STOCK, cutting an estimated $57.9K.
  • Panning Capital Management fully exited NEXTERA ENERGY INC EQUITY UNIT in Q4 2014, selling an estimated $61.4M.
  • Panning Capital Management's ten largest holdings make up 98% of its $208M portfolio in Q4 2014.
  • Panning Capital Management opened 9 new positions and closed 6 in Q4 2014.
  • Panning Capital Management's portfolio value fell 63% quarter-over-quarter to $208M.

Based on Panning Capital Management's 13F filing for Q4 2014, filed 17 Feb 2015.