Point Break Capital Management Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Caesars Entertainment
CZR
|
+$150M |
| 2 |
Meta Platforms (Facebook)
META
|
+$9.91M |
| 3 |
iShares Expanded Tech Sector ETF
IGM
|
+$7.29M |
| 4 |
Alibaba
BABA
|
+$5.27M |
| 5 |
GDS Holdings
GDS
|
+$4.98M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
T-Mobile US
TMUS
|
+$11.6M |
| 2 |
CZR
Caesars Entertainment Corporation
CZR
|
+$8.3M |
| 3 |
iShares MSCI Brazil ETF
EWZ
|
+$7.25M |
| 4 |
WORK
Slack Technologies, Inc.
WORK
|
+$544K |
| 5 |
Goldman Sachs
GS
|
+$509K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 86.5% |
| 2 | Communication Services | 4.5% |
| 3 | Financials | 2.99% |
| 4 | Technology | 2.76% |
| 5 | Energy | 0.36% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
Frontline
FRO
$8.76B
| $195K | 0.04% |
30,000
-4,400
| -13% | -$33.7K |
|
27
Regis Corp
RGS
$68.4M
| $192K | 0.04% |
+1,560
| New | +$235K |
|
28
Occidental Petroleum Corp Warrants
OXY.WS
$33B
| $12K | ﹤0.01% |
+3,887
| New | +$12.4K |
|
|
29
iShares MSCI Brazil ETF
EWZ
$9.28B
| – | – |
-252,120
| Closed | -$7.25M |
|
30
Philip Morris
PM
$297B
| – | – |
-7,000
| Closed | -$490K |
|
|
WORK
31
DELISTED
Slack Technologies, Inc.
WORK
| – | – |
-17,500
| Closed | -$544K |
|
|
CZR
32
DELISTED
Caesars Entertainment Corporation
CZR
| – | – |
-683,961
| Closed | -$8.3M |
|
Similar funds
Point Break Capital Management's Q3 2020 Portfolio in Review
As of Q3 2020, Point Break Capital Management held 32 positions worth $543M, up 115% from $253M the previous quarter. Its ten largest holdings account for 96% of the portfolio.
Point Break Capital Management deployed $168M of net new capital in Q3 2020, opening 12 new positions and adding to 6 existing holdings. Its largest new stake was iShares Expanded Tech Sector ETF: 144,600 shares worth $7.45M.
By sector, the portfolio is most concentrated in Consumer Discretionary at 86% of assets, up from 79% a quarter earlier, followed by Communication Services and Financials.
On the sell side, the largest reduction was T-Mobile US, an estimated $11.6M trimmed.
- Point Break Capital Management's largest Q3 2020 buy was iShares Expanded Tech Sector ETF: 144,600 shares worth $7.45M.
- Point Break Capital Management added most to Caesars Entertainment in Q3 2020, an estimated $150M increase.
- Point Break Capital Management's biggest Q3 2020 reduction was T-Mobile US, cutting an estimated $11.6M.
- Point Break Capital Management fully exited Caesars Entertainment Corporation in Q3 2020, selling an estimated $8.3M.
- Point Break Capital Management's ten largest holdings make up 96% of its $543M portfolio in Q3 2020.
- Point Break Capital Management opened 12 new positions and closed 4 in Q3 2020.
- Point Break Capital Management's portfolio value rose 115% quarter-over-quarter to $543M.
Based on Point Break Capital Management's 13F filing for Q3 2020, filed 13 Nov 2020.