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
+12.87%
1 Year Est. Return
-14.27%
3 Year Est. Return
–
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$115M
AUM Growth
+$21.8M
(+23%)
Cap. Flow
+$11.4M
Cap. Flow
% of AUM
9.96%
Top 10 Holdings %
Top 10 Hldgs %
77.77%
Holding
17
New
2
Increased
8
Reduced
2
Closed
1
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
AVTA
Avantax, Inc. Common Stock
AVTA
|
+$4.81M |
| 2 |
Euronet Worldwide
EEFT
|
+$3.77M |
| 3 |
General Motors
GM
|
+$3.63M |
| 4 |
QuinStreet
QNST
|
+$2.42M |
| 5 |
USCR
U S Concrete, Inc.
USCR
|
+$1.14M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Booking.com
BKNG
|
+$2.85M |
| 2 |
SUM
Summit Materials, Inc. Class A Common Stock
SUM
|
+$2.31M |
| 3 |
ECHO
EchoStar
ECHO
|
+$1.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Industrials | 17.42% |
| 2 | Communication Services | 15.57% |
| 3 | Materials | 13.56% |
| 4 | Consumer Discretionary | 13.3% |
| 5 | Healthcare | 12.8% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
United Rentals
URI
$68.5B
| $14.2M | 12.34% |
85,000
| – | – |
|
|
USCR
2
DELISTED
U S Concrete, Inc.
USCR
| $10.4M | 9.07% |
250,000
+25,000
| +11% | +$1.14M |
|
|
3
QuinStreet
QNST
$917M
| $9.19M | 8% |
600,000
+170,000
| +40% | +$2.42M |
|
4
HealthEquity
HQY
$8.47B
| $8.9M | 7.75% |
120,116
+12,500
| +12% | +$780K |
|
|
ECHO
5
EchoStar
ECHO
$24.7B
| $8.69M | 7.57% |
200,740
-35,000
| -15% | -$1.4M |
|
6
Martin Marietta Materials
MLM
$34.9B
| $8.39M | 7.3% |
30,000
| – | – |
|
|
AVTA
7
DELISTED
Avantax, Inc. Common Stock
AVTA
| $7.84M | 6.83% |
300,000
+215,000
| +253% | +$4.81M |
|
8
Alibaba
BABA
$277B
| $7.42M | 6.46% |
35,000
| – | – |
|
|
SUM
9
DELISTED
Summit Materials, Inc. Class A Common Stock
SUM
| $7.18M | 6.25% |
305,647
-101,700
| -25% | -$2.31M |
|
10
GoDaddy
GDDY
$13.5B
| $7.13M | 6.21% |
105,000
+5,000
| +5% | +$331K |
|
11
ZTO Express
ZTO
$18.2B
| $5.84M | 5.08% |
250,000
+20,000
| +9% | +$432K |
|
12
Avantor
AVTR
$8.39B
| $5.81M | 5.06% |
320,000
+20,000
| +7% | +$318K |
|
13
Lowe's Companies
LOW
$122B
| $4.19M | 3.65% |
35,000
+3,000
| +9% | +$343K |
|
|
14
Euronet Worldwide
EEFT
$3.14B
| $3.94M | 3.43% |
+25,000
| New | +$3.77M |
|
|
15
General Motors
GM
$81.1B
| $3.66M | 3.19% |
+100,000
| New | +$3.63M |
|
16
WEX
WEX
$6.21B
| $2.1M | 1.82% |
10,000
| – | – |
|
|
17
Booking.com
BKNG
$153B
| – | – |
-36,250
| Closed | -$2.85M |
|
Similar funds
ACP
GAM
OI
PCM
MF
AIM
QCMA
SC
Red Cedar Management's Q4 2019 Portfolio in Review
As of Q4 2019, Red Cedar Management held 17 positions worth $115M, up 23% from $93M the previous quarter. Its ten largest holdings account for 78% of the portfolio.
Red Cedar Management deployed $11.4M of net new capital in Q4 2019, opening 2 new positions and adding to 8 existing holdings. Its largest new stake was Euronet Worldwide: 25,000 shares worth $3.94M.
By sector, the portfolio is most concentrated in Industrials at 17% of assets, up from 17% a quarter earlier, followed by Communication Services and Materials.
On the sell side, the largest reduction was Summit Materials, Inc. Class A Common Stock, an estimated $2.31M trimmed.
- Red Cedar Management's largest Q4 2019 buy was Euronet Worldwide: 25,000 shares worth $3.94M.
- Red Cedar Management added most to Avantax, Inc. Common Stock in Q4 2019, an estimated $4.81M increase.
- Red Cedar Management's biggest Q4 2019 reduction was Summit Materials, Inc. Class A Common Stock, cutting an estimated $2.31M.
- Red Cedar Management fully exited Booking.com in Q4 2019, selling an estimated $2.85M.
- Red Cedar Management's ten largest holdings make up 78% of its $115M portfolio in Q4 2019.
- Red Cedar Management opened 2 new positions and closed 1 in Q4 2019.
- Red Cedar Management's portfolio value rose 23% quarter-over-quarter to $115M.
Based on Red Cedar Management's 13F filing for Q4 2019, filed 14 Feb 2020.