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Piermont Capital Management Portfolio holdings
AUM
$211M
1-Year Est. Return
8.09%
This Fund
S&P 500
This Quarter
Est. Return
+0.96%
1 Year Est. Return
-8.09%
3 Year Est. Return
+33.18%
5 Year Est. Return
+53.13%
10 Year Est. Return
–
AUM
$350M
AUM Growth
-$69.9M
(-17%)
Cap. Flow
-$68.2M
Cap. Flow
% of AUM
-19.5%
Top 10 Holdings %
Top 10 Hldgs %
10.28%
Holding
280
New
38
Increased
14
Reduced
162
Closed
35
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
FSP
Franklin Street Properties
FSP
|
+$2.47M |
| 2 |
Portland General Electric
POR
|
+$2.37M |
| 3 |
Chord Energy
CHRD
|
+$2.35M |
| 4 |
WLL
Whiting Petroleum Corporation
WLL
|
+$2.33M |
| 5 |
Cooper-Standard Automotive
CPS
|
+$2.14M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Timken Company
TKR
|
+$3.6M |
| 2 |
CTB
Cooper Tire & Rubber Co.
CTB
|
+$3.41M |
| 3 |
M/I Homes
MHO
|
+$3.19M |
| 4 |
CONE
CyrusOne Inc Common Stock
CONE
|
+$3.16M |
| 5 |
UMPQ
Umpqua Holdings Corp
UMPQ
|
+$3.16M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 21.43% |
| 2 | Industrials | 14.97% |
| 3 | Technology | 13.73% |
| 4 | Consumer Discretionary | 12.59% |
| 5 | Healthcare | 11.4% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
101
Oceaneering
OII
$5.04B
| $1.46M | 0.42% |
63,840
-16,200
| -20% | -$412K |
|
|
MASI
102
DELISTED
Masimo
MASI
| $1.43M | 0.41% |
15,626
-2,530
| -14% | -$232K |
|
|
TIER
103
DELISTED
TIER REIT, Inc.
TIER
| $1.42M | 0.41% |
76,930
-19,670
| -20% | -$338K |
|
|
RPT
104
DELISTED
RPT Realty Common Shares of Beneficial Interest (MD)
RPT
| $1.39M | 0.4% |
107,840
-28,200
| -21% | -$374K |
|
|
PRSU
105
Pursuit Attractions and Hospitality Inc
PRSU
$1.36B
| $1.37M | 0.39% |
+29,030
| New | +$1.3M |
|
106
SM Energy
SM
$8.71B
| $1.35M | 0.38% |
81,400
-20,800
| -20% | -$413K |
|
107
TriCo Bancshares
TCBK
$1.72B
| $1.34M | 0.38% |
38,015
-10,527
| -22% | -$371K |
|
108
Applied Industrial Technologies
AIT
$11.8B
| $1.33M | 0.38% |
22,461
-3,968
| -15% | -$243K |
|
109
Bruker
BRKR
$8.7B
| $1.32M | 0.38% |
45,870
-8,574
| -16% | -$221K |
|
|
DFRG
110
DELISTED
Del Frisco's Restaurant Group, Inc. Common Stock
DFRG
| $1.32M | 0.38% |
+81,820
| New | +$1.41M |
|
111
Interparfums
IPAR
$3.77B
| $1.31M | 0.37% |
+35,770
| New | +$1.28M |
|
112
Commault Systems
CVLT
$5.65B
| $1.3M | 0.37% |
23,074
-4,021
| -15% | -$220K |
|
113
Evercore
EVR
$11.2B
| $1.29M | 0.37% |
18,350
-1,680
| -8% | -$122K |
|
|
PPLI
114
People Inc
PPLI
$2.91B
| $1.29M | 0.37% |
70,110
| – | – |
|
|
CBB
115
DELISTED
Cincinnati Bell Inc.
CBB
| $1.29M | 0.37% |
+66,090
| New | +$1.18M |
|
116
Spok Holdings
SPOK
$223M
| $1.28M | 0.37% |
72,366
-18,763
| -21% | -$336K |
|
117
Employers Holdings
EIG
$883M
| $1.28M | 0.37% |
30,215
-5,511
| -15% | -$221K |
|
|
PRXL
118
DELISTED
Parexel International Corp
PRXL
| $1.25M | 0.36% |
14,444
-2,550
| -15% | -$190K |
|
119
Comfort Systems
FIX
$53.5B
| $1.24M | 0.36% |
33,490
-5,910
| -15% | -$210K |
|
|
GWR
120
DELISTED
Genesee & Wyoming Inc.
GWR
| $1.23M | 0.35% |
17,990
-1,848
| -9% | -$122K |
|
|
RTEC
121
DELISTED
Rudolph Technologies Inc
RTEC
| $1.21M | 0.35% |
52,920
-8,830
| -14% | -$210K |
|
122
BancFirst
BANF
$3.71B
| $1.2M | 0.34% |
24,898
-6,378
| -20% | -$303K |
|
|
AZPN
123
DELISTED
ASPEN TECHNOLOGY INC
AZPN
| $1.18M | 0.34% |
21,380
-3,760
| -15% | -$208K |
|
124
Ennis
EBF
$544M
| $1.16M | 0.33% |
60,740
-15,500
| -20% | -$261K |
|
|
CNR
125
DELISTED
Cornerstone Building Brands, Inc.
CNR
| $1.15M | 0.33% |
69,100
-12,288
| -15% | -$208K |
|
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Piermont Capital Management's Q2 2017 Portfolio in Review
As of Q2 2017, Piermont Capital Management held 280 positions worth $350M, down 17% from $420M the previous quarter. Its ten largest holdings account for 10% of the portfolio.
Piermont Capital Management withdrew a net $68.2M in Q2 2017, closing 35 positions and reducing 162 holdings. Its most notable exit was Timken Company, an estimated $3.6M position sold in full.
By sector, the portfolio is most concentrated in Financials at 21% of assets, down from 22% a quarter earlier, followed by Industrials and Technology.
Against the trend, Piermont Capital Management opened a new position in Franklin Street Properties worth $2.36M.
- Piermont Capital Management's largest Q2 2017 buy was Franklin Street Properties: 213,150 shares worth $2.36M.
- Piermont Capital Management added most to Cooper-Standard Automotive in Q2 2017, an estimated $2.14M increase.
- Piermont Capital Management's biggest Q2 2017 reduction was Rambus, cutting an estimated $3.1M.
- Piermont Capital Management fully exited Timken Company in Q2 2017, selling an estimated $3.6M.
- Piermont Capital Management's ten largest holdings make up 10% of its $350M portfolio in Q2 2017.
- Piermont Capital Management opened 38 new positions and closed 35 in Q2 2017.
- Piermont Capital Management's portfolio value fell 17% quarter-over-quarter to $350M.
Based on Piermont Capital Management's 13F filing for Q2 2017, filed 11 Aug 2017.