Somerset Capital Management Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Fomento Económico Mexicano
FMX
|
+$11.9M |
| 2 |
Infosys
INFY
|
+$9.59M |
| 3 |
ICICI Bank
IBN
|
+$8.68M |
| 4 |
NBIS
Nebius Group N.V.
NBIS
|
+$2.32M |
| 5 |
ProShares Trust Short MSCI Emerging Markets
EUM
|
+$445K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MSCI India ETF
INDA
|
+$27.4M |
| 2 |
iShares MSCI Emerging Markets ETF
EEM
|
+$17M |
| 3 |
iShares S&P India Nifty 50 Index Fund
INDY
|
+$863K |
| 4 |
Copa Holdings
CPA
|
+$798K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Staples | 43.81% |
| 2 | Technology | 22.05% |
| 3 | Financials | 14.64% |
| 4 | Communication Services | 10.26% |
| 5 | Industrials | 4.1% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Fomento Económico Mexicano
FMX
$44B
| $110M | 43.67% |
1,233,655
+133,561
| +12% | +$11.9M |
|
|
2
Infosys
INFY
$46.5B
| $55.6M | 22.05% |
5,824,482
+1,121,210
| +24% | +$9.59M |
|
|
3
ICICI Bank
IBN
$107B
| $36.9M | 14.64% |
4,844,648
+1,016,875
| +27% | +$8.68M |
|
|
NBIS
4
Nebius Group N.V.
NBIS
$45.1B
| $25.9M | 10.26% |
2,411,182
+177,583
| +8% | +$2.32M |
|
|
5
Copa Holdings
CPA
$5.67B
| $10.3M | 4.1% |
246,618
-12,658
| -5% | -$798K |
|
|
6
iShares S&P India Nifty 50 Index Fund
INDY
$557M
| $9.5M | 3.77% |
340,366
-29,848
| -8% | -$863K |
|
|
7
iShares MSCI India ETF
INDA
$6.83B
| $3M | 1.19% |
105,124
-932,849
| -90% | -$27.4M |
|
|
8
ProShares Trust Short MSCI Emerging Markets
EUM
$11.4M
| $471K | 0.19% |
+7,888
| New | +$445K |
|
9
Compañía de Cervecerías Unidas
CCU
$2.07B
| $355K | 0.14% |
16,036
| – | – |
|
|
10
iShares MSCI Emerging Markets ETF
EEM
$28B
| – | – |
-428,780
| Closed | -$17M |
|
Similar funds
Somerset Capital Management's Q3 2015 Portfolio in Review
As of Q3 2015, Somerset Capital Management held 11 positions worth $252M, down 12% from $287M the previous quarter. Its ten largest holdings account for 100% of the portfolio.
Somerset Capital Management withdrew a net $13.5M in Q3 2015, closing 2 positions and reducing 3 holdings. Its most notable exit was iShares MSCI Emerging Markets ETF, an estimated $17M position sold in full.
By sector, the portfolio is most concentrated in Consumer Staples at 44% of assets, up from 34% a quarter earlier, followed by Technology and Financials.
Against the trend, Somerset Capital Management opened a new position in ProShares Trust Short MSCI Emerging Markets worth $471K.
- Somerset Capital Management's largest Q3 2015 buy was ProShares Trust Short MSCI Emerging Markets: 7,888 shares worth $471K.
- Somerset Capital Management added most to Fomento Económico Mexicano in Q3 2015, an estimated $11.9M increase.
- Somerset Capital Management's biggest Q3 2015 reduction was iShares MSCI India ETF, cutting an estimated $27.4M.
- Somerset Capital Management fully exited iShares MSCI Emerging Markets ETF in Q3 2015, selling an estimated $17M.
- Somerset Capital Management's ten largest holdings make up 100% of its $252M portfolio in Q3 2015.
- Somerset Capital Management opened 1 new position and closed 2 in Q3 2015.
- Somerset Capital Management's portfolio value fell 12% quarter-over-quarter to $252M.
Based on Somerset Capital Management's 13F filing for Q3 2015, filed 14 Oct 2015.