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Precept Management Portfolio holdings
AUM
$126M
1-Year Est. Return
36.77%
This Fund
S&P 500
This Quarter
Est. Return
+37.67%
1 Year Est. Return
+36.77%
3 Year Est. Return
+110.35%
5 Year Est. Return
+336.28%
10 Year Est. Return
–
AUM
$523M
AUM Growth
-$284M
(-35%)
Cap. Flow
-$397M
Cap. Flow
% of AUM
-75.92%
Top 10 Holdings %
Top 10 Hldgs %
40.61%
Holding
150
New
25
Increased
18
Reduced
22
Closed
61
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Russell 2000 ETF
IWM
|
+$12.7M |
| 2 |
Charles River Laboratories
CRL
|
+$12M |
| 3 |
HEICO Corp
HEI
|
+$6.46M |
| 4 |
FIVE9
FIVN
|
+$5.84M |
| 5 |
ServiceNow
NOW
|
+$3.53M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Okta
OKTA
|
+$4.92M |
| 2 |
EGIO
Edgio, Inc. Common Stock
EGIO
|
+$3.71M |
| 3 |
Advanced Micro Devices
AMD
|
+$2.65M |
| 4 |
Frontline
FRO
|
+$2.31M |
| 5 |
CMBT
CMB.TECH NV
CMBT
|
+$2.14M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 12.98% |
| 2 | Healthcare | 5.44% |
| 3 | Consumer Discretionary | 3.75% |
| 4 | Energy | 2.64% |
| 5 | Industrials | 2.51% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
26
FIVE9
FIVN
$2.01B
| $7.97M | 1.52% |
72,000
+60,000
| +500% | +$5.84M |
|
27
CALL
Teledyne Technologies
TDY
$29.2B
| $7.77M | 1.49% |
25,000
+5,000
| +25% | +$1.64M |
|
28
PUT
VanEck Semiconductor ETF
SMH
$67.7B
| $7.64M | 1.46% |
100,000
-100,000
| -50% | -$6.87M |
|
29
CALL
General Dynamics
GD
$101B
| $7.47M | 1.43% |
50,000
+30,000
| +150% | +$4.24M |
|
|
30
HEICO Corp
HEI
$47.5B
| $7.08M | 1.35% |
71,000
+70,000
| +7,000% | +$6.46M |
|
31
PUT
Amazon
AMZN
$2.69T
| $6.9M | 1.32% |
+50,000
| New | +$6.04M |
|
32
Tyler Technologies
TYL
$13.1B
| $6.76M | 1.29% |
19,500
| – | – |
|
33
Upland Software
UPLD
$14.9M
| $5.71M | 1.09% |
16,425
-604
| -4% | -$188K |
|
|
34
Advanced Micro Devices
AMD
$840B
| $5.26M | 1.01% |
100,000
-50,000
| -33% | -$2.65M |
|
|
GLUU
35
DELISTED
Glu Mobile Inc.
GLUU
| $5.1M | 0.98% |
550,000
+190,600
| +53% | +$1.62M |
|
|
FISV
36
CALL
Fiserv Inc
FISV
$27.4B
| $4.88M | 0.93% |
50,000
-30,000
| -38% | -$3.02M |
|
|
RETA
37
DELISTED
Reata Pharmaceuticals, Inc. Class A Common Stock
RETA
| $4.84M | 0.93% |
31,000
+21,000
| +210% | +$3.19M |
|
38
Cue Biopharma
CUE
$130M
| $4.72M | 0.9% |
6,417
-583
| -8% | -$422K |
|
39
CALL
Meta Platforms (Facebook)
META
$1.65T
| $4.54M | 0.87% |
20,000
-20,000
| -50% | -$4.18M |
|
|
SCPL
40
CALL
DELISTED
SciPlay Corporation Class A Common Stock
SCPL
| $4.15M | 0.79% |
+280,000
| New | +$3.44M |
|
|
APTO
41
DELISTED
Aptose Biosciences, Inc.
APTO
| $3.76M | 0.72% |
1,325
-400
| -23% | -$1.29M |
|
|
STMP
42
CALL
DELISTED
Stamps.com, Inc.
STMP
| $3.67M | 0.7% |
+20,000
| New | +$3.42M |
|
43
Netflix
NFLX
$284B
| $3.64M | 0.7% |
80,000
| – | – |
|
44
Grand Canyon Education
LOPE
$3.71B
| $3.62M | 0.69% |
40,000
-16,000
| -29% | -$1.42M |
|
45
BJs Wholesale Club
BJ
$12B
| $3.13M | 0.6% |
84,000
+28,000
| +50% | +$860K |
|
46
Paycom
PAYC
$7B
| $3.1M | 0.59% |
10,000
+5,000
| +100% | +$1.33M |
|
47
Smith & Wesson
SWBI
$669M
| $3.01M | 0.58% |
182,140
+27,321
| +18% | +$254K |
|
|
NXRT
48
NexPoint Residential Trust
NXRT
$667M
| $2.97M | 0.57% |
84,000
| – | – |
|
49
Fidelity National Information Services
FIS
$21.8B
| $2.68M | 0.51% |
20,000
| – | – |
|
50
LGI Homes
LGIH
$1.33B
| $2.64M | 0.51% |
+30,000
| New | +$2.1M |
|
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Precept Management's Q2 2020 Portfolio in Review
As of Q2 2020, Precept Management held 150 positions worth $523M, down 35% from $807M the previous quarter. Its ten largest holdings account for 41% of the portfolio.
Precept Management withdrew a net $397M in Q2 2020, closing 61 positions and reducing 22 holdings. Its most notable exit was Edgio, Inc. Common Stock, an estimated $3.71M position sold in full.
By sector, the portfolio is most concentrated in Technology at 13% of assets, up from 6.1% a quarter earlier, followed by Healthcare and Consumer Discretionary.
Against the trend, Precept Management opened a new position in iShares Russell 2000 ETF worth $13.9M.
- Precept Management's largest Q2 2020 buy was iShares Russell 2000 ETF: 97,000 shares worth $13.9M.
- Precept Management added most to Charles River Laboratories in Q2 2020, an estimated $12M increase.
- Precept Management's biggest Q2 2020 reduction was Okta, cutting an estimated $4.92M.
- Precept Management fully exited Edgio, Inc. Common Stock in Q2 2020, selling an estimated $3.71M.
- Precept Management's ten largest holdings make up 41% of its $523M portfolio in Q2 2020.
- Precept Management opened 25 new positions and closed 61 in Q2 2020.
- Precept Management's portfolio value fell 35% quarter-over-quarter to $523M.
Based on Precept Management's 13F filing for Q2 2020, filed 14 Aug 2020.