We are live on
!
Find out more
RCM
Red Cedar Management Portfolio holdings
AUM
$60.3M
1-Year Est. Return
14.27%
This Fund
S&P 500
This Quarter
Est. Return
+1.84%
1 Year Est. Return
-14.27%
3 Year Est. Return
–
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$93M
AUM Growth
-$11M
(-11%)
Cap. Flow
-$12.4M
Cap. Flow
% of AUM
-13.29%
Top 10 Holdings %
Top 10 Hldgs %
84.27%
Holding
21
New
4
Increased
5
Reduced
3
Closed
6
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alibaba
BABA
|
+$6.01M |
| 2 |
Avantor
AVTR
|
+$5.08M |
| 3 |
Booking.com
BKNG
|
+$2.81M |
| 4 |
HealthEquity
HQY
|
+$2.79M |
| 5 |
AVTA
Avantax, Inc. Common Stock
AVTA
|
+$2.14M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Advance Auto Parts
AAP
|
+$5.55M |
| 2 |
Simply Good Foods
SMPL
|
+$5.29M |
| 3 |
Trip.com Group
TCOM
|
+$4.98M |
| 4 |
Caterpillar
CAT
|
+$4.09M |
| 5 |
TIF
Tiffany & Co.
TIF
|
+$3.98M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Materials | 18.39% |
| 2 | Industrials | 16.66% |
| 3 | Communication Services | 15.86% |
| 4 | Consumer Discretionary | 13.13% |
| 5 | Healthcare | 11.35% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
USCR
1
DELISTED
U S Concrete, Inc.
USCR
| $12.4M | 13.37% |
225,000
+3,000
| +1% | +$140K |
|
2
United Rentals
URI
$67.9B
| $10.6M | 11.39% |
85,000
+5,000
| +6% | +$606K |
|
|
ECHO
3
EchoStar
ECHO
$24.9B
| $9.34M | 10.04% |
235,740
-55,163
| -19% | -$1.99M |
|
|
SUM
4
DELISTED
Summit Materials, Inc. Class A Common Stock
SUM
| $8.89M | 9.56% |
407,347
-159,669
| -28% | -$3.15M |
|
5
Martin Marietta Materials
MLM
$35B
| $8.22M | 8.84% |
30,000
-10,000
| -25% | -$2.47M |
|
6
GoDaddy
GDDY
$13.6B
| $6.6M | 7.09% |
100,000
| – | – |
|
|
7
HealthEquity
HQY
$8.46B
| $6.15M | 6.61% |
107,616
+42,000
| +64% | +$2.79M |
|
|
8
Alibaba
BABA
$276B
| $5.85M | 6.29% |
+35,000
| New | +$6.01M |
|
9
QuinStreet
QNST
$916M
| $5.41M | 5.82% |
430,000
+100,000
| +30% | +$1.36M |
|
10
ZTO Express
ZTO
$18.2B
| $4.91M | 5.27% |
230,000
| – | – |
|
|
11
Avantor
AVTR
$8.48B
| $4.41M | 4.74% |
+300,000
| New | +$5.08M |
|
12
Lowe's Companies
LOW
$122B
| $3.52M | 3.78% |
32,000
+12,000
| +60% | +$1.27M |
|
|
13
Booking.com
BKNG
$154B
| $2.85M | 3.06% |
+36,250
| New | +$2.81M |
|
14
WEX
WEX
$6.23B
| $2.02M | 2.17% |
10,000
| – | – |
|
|
AVTA
15
DELISTED
Avantax, Inc. Common Stock
AVTA
| $1.84M | 1.98% |
+85,000
| New | +$2.14M |
|
|
16
Advance Auto Parts
AAP
$3.54B
| – | – |
-36,000
| Closed | -$5.55M |
|
|
17
Caterpillar
CAT
$387B
| – | – |
-30,000
| Closed | -$4.09M |
|
|
18
Simply Good Foods
SMPL
$941M
| – | – |
-219,745
| Closed | -$5.29M |
|
|
19
Trip.com Group
TCOM
$28.5B
| – | – |
-135,000
| Closed | -$4.98M |
|
|
TIF
20
DELISTED
Tiffany & Co.
TIF
| – | – |
-42,500
| Closed | -$3.98M |
|
|
DISH
21
DELISTED
DISH Network Corp.
DISH
| – | – |
-80,000
| Closed | -$3.07M |
|
Similar funds
ACP
GAM
OI
PCM
MF
AIM
QCMA
SC
Red Cedar Management's Q3 2019 Portfolio in Review
As of Q3 2019, Red Cedar Management held 21 positions worth $93M, down 11% from $104M the previous quarter. Its ten largest holdings account for 84% of the portfolio.
Red Cedar Management withdrew a net $12.4M in Q3 2019, closing 6 positions and reducing 3 holdings. Its most notable exit was Advance Auto Parts, an estimated $5.55M position sold in full.
By sector, the portfolio is most concentrated in Materials at 18% of assets, down from 19% a quarter earlier, followed by Industrials and Communication Services.
Against the trend, Red Cedar Management opened a new position in Alibaba worth $5.85M.
- Red Cedar Management's largest Q3 2019 buy was Alibaba: 35,000 shares worth $5.85M.
- Red Cedar Management added most to HealthEquity in Q3 2019, an estimated $2.79M increase.
- Red Cedar Management's biggest Q3 2019 reduction was Summit Materials, Inc. Class A Common Stock, cutting an estimated $3.15M.
- Red Cedar Management fully exited Advance Auto Parts in Q3 2019, selling an estimated $5.55M.
- Red Cedar Management's ten largest holdings make up 84% of its $93M portfolio in Q3 2019.
- Red Cedar Management opened 4 new positions and closed 6 in Q3 2019.
- Red Cedar Management's portfolio value fell 11% quarter-over-quarter to $93M.
Based on Red Cedar Management's 13F filing for Q3 2019, filed 13 Nov 2019.