We are live on
!
Find out more
P8IP
Pier 88 Investment Partners Portfolio holdings
AUM
$421M
1-Year Est. Return
14.71%
This Fund
S&P 500
This Quarter
Est. Return
+0.78%
1 Year Est. Return
+14.71%
3 Year Est. Return
+36.1%
5 Year Est. Return
+43.13%
10 Year Est. Return
–
AUM
$209M
AUM Growth
-$58.4M
(-22%)
Cap. Flow
-$140M
Cap. Flow
% of AUM
-66.8%
Top 10 Holdings %
Top 10 Hldgs %
44.34%
Holding
121
New
20
Increased
21
Reduced
36
Closed
13
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
NEE.PRR
NextEra Energy, Inc.
NEE.PRR
|
+$2.08M |
| 2 |
HES.PRA
Hess Corporation
HES.PRA
|
+$792K |
| 3 |
MIME
Mimecast Limited
MIME
|
+$614K |
| 4 |
MSCC
Microsemi Corp
MSCC
|
+$315K |
| 5 |
HDP
Hortonworks, Inc.
HDP
|
+$280K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
ANTX
Anthem, Inc.
ANTX
|
+$11.2M |
| 2 |
BDXA
Becton, Dickinson and Company Depositary Shares, each Representing a 1/20th Interest in a Share of 6
BDXA
|
+$4.87M |
| 3 |
NEE.PRQ
NextEra Energy, Inc.
NEE.PRQ
|
+$3.1M |
| 4 |
DTV
DTE Energy Company 2016 Corporate Units
DTV
|
+$2.68M |
| 5 |
DCUD
Dominion Energy, Inc 2016 Series A Corporate Units
DCUD
|
+$2.1M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 6.27% |
| 2 | Financials | 1.31% |
| 3 | Communication Services | 1.27% |
| 4 | Consumer Discretionary | 0.67% |
| 5 | Healthcare | 0.24% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
AGN
76
DELISTED
Allergan plc
AGN
| $30K | 0.01% |
+176
| New | +$29.5K |
|
77
MSCI
MSCI
$40.9B
| $27K | 0.01% |
180
| – | – |
|
78
Arch Capital
ACGL
$33.6B
| – | – |
-150
| Closed | -$5K |
|
79
Autodesk
ADSK
$53.4B
| – | – |
-4,823
| Closed | -$506K |
|
80
Bank of America Series L
BAC.PRL
$4B
| – | – |
-85
| Closed | -$112K |
|
81
MACOM Technology Solutions
MTSI
$23.2B
| – | – |
-14,551
| Closed | -$473K |
|
82
Impinj
PI
$5.37B
| – | – |
-19,178
| Closed | -$432K |
|
|
ETFC
83
DELISTED
E*Trade Financial Corporation
ETFC
| – | – |
-11,316
| Closed | -$561K |
|
|
APC
84
DELISTED
Anadarko Petroleum
APC
| – | – |
-5,433
| Closed | -$291K |
|
|
ANTX
85
DELISTED
Anthem, Inc.
ANTX
| – | – |
-199,861
| Closed | -$11.2M |
|
|
CALD
86
DELISTED
Callidus Software, Inc.
CALD
| – | – |
-16,869
| Closed | -$483K |
|
Similar funds
SCV
AI
CMHI
MMG
DBRC
DS
PIMC
VIS
Pier 88 Investment Partners's Q1 2018 Portfolio in Review
As of Q1 2018, Pier 88 Investment Partners held 121 positions worth $209M, down 22% from $268M the previous quarter. Its ten largest holdings account for 44% of the portfolio.
Pier 88 Investment Partners withdrew a net $140M in Q1 2018, closing 13 positions and reducing 36 holdings. Its most notable exit was Anthem, Inc., an estimated $11.2M position sold in full.
By sector, the portfolio is most concentrated in Technology at 6.3% of assets, up from 5.2% a quarter earlier, followed by Financials and Communication Services.
Against the trend, Pier 88 Investment Partners opened a new position in Hess Corporation worth $809K.
- Pier 88 Investment Partners's largest Q1 2018 buy was Hess Corporation: 13,550 shares worth $809K.
- Pier 88 Investment Partners added most to NextEra Energy, Inc. in Q1 2018, an estimated $2.08M increase.
- Pier 88 Investment Partners's biggest Q1 2018 reduction was Becton, Dickinson and Company Depositary Shares, each Representing a 1/20th Interest in a Share of 6, cutting an estimated $4.87M.
- Pier 88 Investment Partners fully exited Anthem, Inc. in Q1 2018, selling an estimated $11.2M.
- Pier 88 Investment Partners's ten largest holdings make up 44% of its $209M portfolio in Q1 2018.
- Pier 88 Investment Partners opened 20 new positions and closed 13 in Q1 2018.
- Pier 88 Investment Partners's portfolio value fell 22% quarter-over-quarter to $209M.
Based on Pier 88 Investment Partners's 13F filing for Q1 2018, filed 7 May 2018.