Sarbit Advisory Services Portfolio holdings

Sarbit Advisory Services's Q3 2016 Portfolio in Review

As of Q3 2016, Sarbit Advisory Services held 18 positions worth $433M, down 15% from $509M the previous quarter. Its ten largest holdings account for 99% of the portfolio.

Sarbit Advisory Services withdrew a net $103M in Q3 2016, closing 4 positions and reducing 7 holdings. Its most notable exit was Twenty-First Century Fox, Inc. Class A, an estimated $59.7M position sold in full.

By sector, the portfolio is most concentrated in Communication Services at 35% of assets, down from 50% a quarter earlier, followed by Financials and Technology.

Against the trend, Sarbit Advisory Services opened a new position in Stamps.com, Inc. worth $9.17M.

• Sarbit Advisory Services's largest Q3 2016 buy was Stamps.com, Inc.: 97,000 shares worth $9.17M.
• Sarbit Advisory Services added most to Lions Gate Entertainment in Q3 2016, an estimated $36.9M increase.
• Sarbit Advisory Services's biggest Q3 2016 reduction was Skyworks Solutions, cutting an estimated $37.6M.
• Sarbit Advisory Services fully exited Twenty-First Century Fox, Inc. Class A in Q3 2016, selling an estimated $59.7M.
• Sarbit Advisory Services's ten largest holdings make up 99% of its $433M portfolio in Q3 2016.
• Sarbit Advisory Services opened 2 new positions and closed 4 in Q3 2016.
• Sarbit Advisory Services's portfolio value fell 15% quarter-over-quarter to $433M.

Based on Sarbit Advisory Services's 13F filing for Q3 2016, filed 14 Nov 2016.