We are live on !
Find out more
Peconic Partners Portfolio holdings
AUM
$8.04B
Turnover
30%
1-Year Est. Return
107.18%
Peconic Partners runs long/short equity hedge funds that look for big trends lasting beyond a single economic cycle. Its strategy dates to the late 1970s, when founder William Harnisch began managing money at a predecessor firm. That firm's long-only business was sold in 1997 to a privately held financial services firm, while Harnisch and his partners kept the hedge fund business and, in December 2004, split off with their team to form Peconic Partners.
This Fund
S&P 500
This Quarter Est. Return
+2.48%
1 Year Est. Return
+107.18%
3 Year Est. Return
+300.02%
5 Year Est. Return
+691.8%
10 Year Est. Return
+3,202.62%
AUM
$881M
AUM Growth
-$177M
(-17%)
Cap. Flow
-$171M
Cap. Flow % of AUM
Cap. Flow %
-19.41%
Top 10 Holdings %
Top 10 Hldgs %
63.73%
Holding
79
New
11
Increased
16
Reduced
21
Closed
15
Avg Time Held
Equity + Options
0.6
years
Top 10 Avg Time Held
Equity + Options
0.5
years
Top 20 Avg Time Held
Equity + Options
0.5
years
Avg Time Held Equity only
0.6
years
Top 10 Avg Time Held Equity only
0.5
years
Top 20 Avg Time Held Equity only
0.5
years
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
WFT
Weatherford International plc
WFT
|
+$28M |
| 2 |
Meta Platforms (Facebook)
META
|
+$24.3M |
| 3 |
Cemex
CX
|
+$18.5M |
| 4 |
Alphabet (Google) Class C
GOOG
|
+$17.9M |
| 5 |
ICA
EMPRESAS ICA, S.A. DE C.V. ADS (EA REPTG 4 ORD PART CERT)
ICA
|
+$13.6M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
United Rentals
URI
|
+$65.9M |
| 2 |
Trinity Industries
TRN
|
+$53.8M |
| 3 |
Crown Castle
CCI
|
+$37.8M |
| 4 |
Jacobs Solutions
J
|
+$34.3M |
| 5 |
iShares MSCI Mexico ETF
EWW
|
+$32.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Industrials | 58.51% |
| 2 | Energy | 19.87% |
| 3 | Miscellaneous | 6.78% |
| 4 | Communication Services | 6% |
| 5 | Real Estate | 2.81% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1
Quanta Services
PWR
$91.6B
| $126M | 14.25% |
3,629,876
+10,700
| +0.3% | +$370K |
2013 Q2
4 quarters
|
|
2
Dycom Industries
DY
$6.88B
| $72.4M | 8.22% |
2,311,704
+62,400
| +3% | +$1.94M |
2013 Q2
4 quarters
|
|
3
MasTec
MTZ
$15.2B
| $62M | 7.04% |
2,012,375
-191,500
| -9% | -$7.22M |
2013 Q2
4 quarters
|
|
|
WFT
4
DELISTED
Weatherford International plc
WFT
| $61.2M | 6.95% |
2,661,100
+1,361,100
| +105% | +$28M |
2013 Q4
2 quarters
|
|
5
Fluor
FLR
$6.49B
| $60.8M | 6.9% |
790,200
-242,800
| -24% | -$18.5M |
2013 Q2
4 quarters
|
|
|
KEG
6
DELISTED
KEY ENERGY SERVICES INC
KEG
| $54.5M | 6.19% |
5,962,834
-100,798
| -2% | -$921K |
2013 Q2
4 quarters
|
|
7
Wabash National
WNC
$490M
| $38.3M | 4.35% |
2,685,590
+202,900
| +8% | +$2.78M |
2013 Q2
4 quarters
|
|
8
DELISTED
General Motors Company
GM.WS.B
| – | – |
0
| – | – |
2013 Q2
4 quarters
|
|
|
9
DELISTED
GENERAL MOTORS COMPANY WARRANT (EXPIRES 07/10/2016)
GM.WS.A
| – | – |
0
| – | – |
2013 Q2
4 quarters
|
|
10
Tutor Perini Cor
TPC
$5.33B
| $27.5M | 3.12% |
865,493
+3,400
| +0.4% | +$103K |
2013 Q3
3 quarters
|
|
11
Flotek Industries
FTK
$959M
| $26.7M | 3.03% |
138,206
| – | – |
2013 Q2
4 quarters
|
|
|
12
Meta Platforms (Facebook)
META
$1.61T
| $26.6M | 3.02% |
+395,100
| New | +$24.3M |
2014 Q2
0 quarters
|
|
|
13
Alphabet (Google) Class C
GOOG
$3.57T
| $26.3M | 2.98% |
900,465
+659,565
| +274% | +$17.9M |
2014 Q1
1 quarter
|
|
|
ICA
14
DELISTED
EMPRESAS ICA, S.A. DE C.V. ADS (EA REPTG 4 ORD PART CERT)
ICA
| $26.1M | 2.96% |
3,332,216
+1,825,316
| +121% | +$13.6M |
2013 Q3
3 quarters
|
|
15
WESCO International
WCC
$15.9B
| $24.6M | 2.8% |
285,300
+85,200
| +43% | +$7.43M |
2014 Q1
1 quarter
|
|
|
CBI
16
DELISTED
Chicago Bridge & Iron Nv
CBI
| $22.9M | 2.6% |
335,700
-78,200
| -19% | -$6.22M |
2013 Q3
3 quarters
|
|
|
17
Cemex
CX
$15.4B
| $19.2M | 2.18% |
+1,631,053
| New | +$18.5M |
2014 Q2
0 quarters
|
|
18
SBA Communications
SBAC
$19.8B
| $16.8M | 1.9% |
163,885
-500
| -0.3% | -$48K |
2013 Q2
4 quarters
|
|
19
Ryder
R
$10.8B
| $16M | 1.82% |
181,673
-51,901
| -22% | -$4.35M |
2013 Q4
2 quarters
|
|
20
Powell Industries
POWL
$5.32B
| $10.9M | 1.24% |
501,663
+474,000
| +1,713% | +$10M |
2014 Q1
1 quarter
|
|
|
21
United Rentals
URI
$71.3B
| $10.3M | 1.17% |
98,233
-674,132
| -87% | -$65.9M |
2013 Q2
4 quarters
|
|
|
PDCE
22
DELISTED
PDC Energy, Inc.
PDCE
| $9.15M | 1.04% |
144,900
+139,900
| +2,798% | +$8.79M |
2013 Q2
4 quarters
|
|
23
DELISTED
VCA Inc.
WOOF
| $8.61M | 0.98% |
245,300
+140,300
| +134% | +$4.56M |
2014 Q1
1 quarter
|
|
|
AEGN
24
DELISTED
Aegion Corp
AEGN
| $8.23M | 0.93% |
353,535
-410,368
| -54% | -$9.7M |
2013 Q2
4 quarters
|
|
|
25
Crown Castle
CCI
$37.9B
| $7.98M | 0.91% |
107,500
-504,070
| -82% | -$37.8M |
2013 Q2
4 quarters
|
|
Similar funds
Peconic Partners's Q2 2014 Portfolio in Review
As of Q2 2014, Peconic Partners held 79 positions worth $881M, down 17% from $1.06B the previous quarter. Its ten largest holdings account for 64% of the portfolio.
Peconic Partners withdrew a net $171M in Q2 2014, closing 15 positions and reducing 21 holdings. Its most notable exit was Trinity Industries, an estimated $53.8M position sold in full.
By sector, the portfolio is most concentrated in Industrials at 59% of assets, down from 67% a quarter earlier, followed by Energy and Miscellaneous.
Against the trend, Peconic Partners opened a new position in Meta Platforms (Facebook) worth $26.6M.
- Peconic Partners's largest Q2 2014 buy was Meta Platforms (Facebook): 395,100 shares worth $26.6M.
- Peconic Partners added most to Weatherford International plc in Q2 2014, an estimated $28M increase.
- Peconic Partners's biggest Q2 2014 reduction was United Rentals, cutting an estimated $65.9M.
- Peconic Partners fully exited Trinity Industries in Q2 2014, selling an estimated $53.8M.
- Peconic Partners's ten largest holdings make up 64% of its $881M portfolio in Q2 2014.
- Peconic Partners opened 11 new positions and closed 15 in Q2 2014.
- Peconic Partners's portfolio value fell 17% quarter-over-quarter to $881M.
Based on Peconic Partners's 13F filing for Q2 2014, filed 14 Aug 2014.