Southport Capital Management Portfolio holdings

Southport Capital Management's Q3 2016 Portfolio in Review

As of Q3 2016, Southport Capital Management held 561 positions worth $144M, down 20% from $179M the previous quarter. Its ten largest holdings account for 24% of the portfolio.

Southport Capital Management withdrew a net $38.9M in Q3 2016, closing 391 positions and reducing 80 holdings. Its most notable exit was State Street Blackstone Senior Loan ETF, an estimated $2.07M position sold in full.

By sector, the portfolio is most concentrated in Miscellaneous at 19% of assets, down from 26% a quarter earlier, followed by Healthcare and Industrials.

Against the trend, Southport Capital Management opened a new position in Fortive worth $591K.

• Southport Capital Management's largest Q3 2016 buy was Fortive: 18,415 shares worth $591K.
• Southport Capital Management added most to Duke Energy in Q3 2016, an estimated $339K increase.
• Southport Capital Management's biggest Q3 2016 reduction was Danaher, cutting an estimated $1.67M.
• Southport Capital Management fully exited State Street Blackstone Senior Loan ETF in Q3 2016, selling an estimated $2.07M.
• Southport Capital Management's ten largest holdings make up 24% of its $144M portfolio in Q3 2016.
• Southport Capital Management opened 10 new positions and closed 391 in Q3 2016.
• Southport Capital Management's portfolio value fell 20% quarter-over-quarter to $144M.

Based on Southport Capital Management's 13F filing for Q3 2016, filed 19 Oct 2016.