We are live on ! Find out more
PP

Peconic Partners Portfolio holdings

AUM $5.78B
1-Year Est. Return 127.23%
This Fund
S&P 500
This Quarter Est. Return
-4.34%
1 Year Est. Return
+127.23%
3 Year Est. Return
+252.1%
5 Year Est. Return
+515.79%
10 Year Est. Return
+2,745.17%
AUM
$396M
AUM Growth
-$149M
Cap. Flow
-$121M
Cap. Flow %
-30.5%
Top 10 Hldgs %
92.72%
Holding
59
New
10
Increased
3
Reduced
7
Closed
10

Top Buys

Rank Stock Value
1
MSFT icon
Microsoft
MSFT
+$12.8M
2
GOOGL icon
Alphabet (Google) Class A
GOOGL
+$10.9M
3
PAGP icon
Plains GP Holdings
PAGP
+$10.6M
4
WMT icon
Walmart Inc
WMT
+$8.13M
5
VMW
VMware, Inc
VMW
+$7.52M

Top Sells

Rank Stock Value
1
PWR icon
Quanta Services
PWR
+$58.3M
2
KMI icon
Kinder Morgan
KMI
+$36.4M
3
URI icon
United Rentals
URI
+$35.8M
4
TRGP icon
Targa Resources
TRGP
+$13.8M
5
FLXN
Flexion Therapeutics, Inc.
FLXN
+$10.9M

Sector Composition

Rank Sector Weight
1 Industrials 74.22%
2 Technology 6.38%
3 Real Estate 4.86%
4 Energy 4.35%
5 Communication Services 3.29%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
CX icon
51
Cemex
CX
$16.9B
– –
-26,000
Closed -$171K
HAL icon
52
Halliburton
HAL
$26.1B
– –
-10,000
Closed -$451K
KMI icon
53
Kinder Morgan
KMI
$70.9B
– –
-2,059,385
Closed -$36.4M
MTW icon
54
Manitowoc
MTW
$491M
– –
-10,000
Closed -$259K
TRGP icon
55
Targa Resources
TRGP
$56.8B
– –
-278,940
Closed -$13.8M
URI icon
56
United Rentals
URI
$65.7B
– –
-242,224
Closed -$35.8M
VNOM icon
57
Viper Energy
VNOM
$8.43B
– –
-5,200
Closed -$166K
LOGM
58
DELISTED
LogMein, Inc.
LOGM
– –
-5,647
Closed -$583K
WRD
59
DELISTED
WildHorse Resource Development
WRD
– –
-50,000
Closed -$1.27M
1 2
3

Similar funds

SAM
Scopus Asset Management New York $5.77B AUM 36.85% 1-Year Est. Return
RWM
Ritholtz Wealth Management New York $5.76B AUM 24.57% 1-Year Est. Return
KIM
Kestra Investment Management Austin, Texas $5.8B AUM 14.71% 1-Year Est. Return
AAM
Alphadyne Asset Management New York $5.76B AUM 22.07% 1-Year Est. Return
HW
Hancock Whitney Gulfport, Mississippi $5.75B AUM 24.3% 1-Year Est. Return
XT
XTX Topco George Town, Cayman Islands $5.75B AUM 30.56% 1-Year Est. Return
MWM
Modern Wealth Management Lenexa, Kansas $5.84B AUM 16.73% 1-Year Est. Return
VH
ValueAct Holdings San Francisco, California $5.71B AUM 7.41% 1-Year Est. Return

Peconic Partners's Q3 2018 Portfolio in Review

As of Q3 2018, Peconic Partners held 59 positions worth $396M, down 27% from $545M the previous quarter. Its ten largest holdings account for 93% of the portfolio.

Peconic Partners withdrew a net $121M in Q3 2018, closing 10 positions and reducing 7 holdings. Its most notable exit was Kinder Morgan, an estimated $36.4M position sold in full.

By sector, the portfolio is most concentrated in Industrials at 74% of assets, down from 80% a quarter earlier, followed by Technology and Real Estate.

Against the trend, Peconic Partners opened a new position in Microsoft worth $13.5M.

  • Peconic Partners's largest Q3 2018 buy was Microsoft: 118,265 shares worth $13.5M.
  • Peconic Partners added most to Crown Castle in Q3 2018, an estimated $2.23M increase.
  • Peconic Partners's biggest Q3 2018 reduction was Quanta Services, cutting an estimated $58.3M.
  • Peconic Partners fully exited Kinder Morgan in Q3 2018, selling an estimated $36.4M.
  • Peconic Partners's ten largest holdings make up 93% of its $396M portfolio in Q3 2018.
  • Peconic Partners opened 10 new positions and closed 10 in Q3 2018.
  • Peconic Partners's portfolio value fell 27% quarter-over-quarter to $396M.

Based on Peconic Partners's 13F filing for Q3 2018, filed 14 Nov 2018.