We are live on
!
Find out more
SA
SPO Advisory Portfolio holdings
AUM
$2.11B
1-Year Est. Return
14.87%
This Fund
S&P 500
This Quarter
Est. Return
-1.83%
1 Year Est. Return
-14.87%
3 Year Est. Return
+28.41%
5 Year Est. Return
+38.25%
10 Year Est. Return
–
AUM
$5.09B
AUM Growth
-$453M
(-8.2%)
Cap. Flow
-$228M
Cap. Flow
% of AUM
-4.48%
Top 10 Holdings %
Top 10 Hldgs %
89.92%
Holding
18
New
3
Increased
3
Reduced
7
Closed
1
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alphabet (Google) Class C
GOOG
|
+$191M |
| 2 |
Zillow
Z
|
+$100M |
| 3 |
Liberty Global Class C
LBTYK
|
+$97.4M |
| 4 |
VTLE
Vital Energy
VTLE
|
+$36.6M |
| 5 |
ZAYO
Zayo Group Holdings, Inc.
ZAYO
|
+$27.7M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Qualcomm
QCOM
|
+$226M |
| 2 |
Charter Communications
CHTR
|
+$118M |
| 3 |
SBA Communications
SBAC
|
+$112M |
| 4 |
SCHW
Charles Schwab
SCHW
|
+$78.5M |
| 5 |
Liberty Latin America Class C
LILAK
|
+$63.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Communication Services | 46.55% |
| 2 | Financials | 19.21% |
| 3 | Energy | 16.55% |
| 4 | Real Estate | 9.54% |
| 5 | Technology | 0% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Liberty Global Class C
LBTYK
$3.41B
| $1.02B | 20.12% |
32,827,107
+3,120,300
| +11% | +$97.4M |
|
|
SCHW
2
Charles Schwab
SCHW
$177B
| $630M | 12.37% |
14,653,324
-1,961,600
| -12% | -$78.5M |
|
|
PXD
3
DELISTED
Pioneer Natural Resource Co.
PXD
| $580M | 11.41% |
3,636,446
| – | – |
|
|
4
Charter Communications
CHTR
$16.2B
| $540M | 10.62% |
1,603,780
-354,600
| -18% | -$118M |
|
|
ZAYO
5
DELISTED
Zayo Group Holdings, Inc.
ZAYO
| $415M | 8.16% |
13,426,541
+845,300
| +7% | +$27.7M |
|
6
Liberty Media Series C
FWONK
$25.6B
| $363M | 7.14% |
10,256,423
| – | – |
|
7
LPL Financial
LPLA
$26B
| $348M | 6.83% |
8,186,026
-447,600
| -5% | -$18.2M |
|
8
Equinix
EQIX
$101B
| $255M | 5.01% |
593,773
-108,517
| -15% | -$46M |
|
|
9
SBA Communications
SBAC
$19.7B
| $231M | 4.53% |
1,709,721
-859,900
| -33% | -$112M |
|
|
10
Alphabet (Google) Class C
GOOG
$4.22T
| $190M | 3.73% |
+4,174,000
| New | +$191M |
|
|
VTLE
11
DELISTED
Vital Energy
VTLE
| $179M | 3.52% |
851,490
+148,540
| +21% | +$36.6M |
|
|
12
Zillow
Z
$7.76B
| $117M | 2.3% |
+2,388,500
| New | +$100M |
|
|
13
Liberty Latin America Class C
LILAK
$1.48B
| $82.7M | 1.63% |
4,511,278
-3,472,941
| -43% | -$63.7M |
|
14
Chord Energy
CHRD
$7.21B
| $82.5M | 1.62% |
10,246,726
-3,015,700
| -23% | -$33M |
|
15
Liberty Global Class A
LBTYA
$3.52B
| $33.2M | 0.65% |
1,033,059
| – | – |
|
16
Zillow
ZG
$7.71B
| $17.3M | 0.34% |
+354,800
| New | +$14.8M |
|
|
17
Liberty Latin America Class A
LILA
$1.48B
| $1.1M | 0.02% |
78,842
| – | – |
|
|
18
Qualcomm
QCOM
$181B
| – | – |
-3,940,169
| Closed | -$226M |
|
Similar funds
AC
MFG
HK
OA
PWM
APFBOT
RCM
CFIC
SPO Advisory's Q2 2017 Portfolio in Review
As of Q2 2017, SPO Advisory held 18 positions worth $5.09B, down 8.2% from $5.54B the previous quarter. Its ten largest holdings account for 90% of the portfolio.
SPO Advisory withdrew a net $228M in Q2 2017, closing 1 position and reducing 7 holdings. Its most notable exit was Qualcomm, an estimated $226M position sold in full.
By sector, the portfolio is most concentrated in Communication Services at 47% of assets, up from 40% a quarter earlier, followed by Financials and Energy.
Against the trend, SPO Advisory opened a new position in Alphabet (Google) Class C worth $190M.
- SPO Advisory's largest Q2 2017 buy was Alphabet (Google) Class C: 4,174,000 shares worth $190M.
- SPO Advisory added most to Liberty Global Class C in Q2 2017, an estimated $97.4M increase.
- SPO Advisory's biggest Q2 2017 reduction was Charter Communications, cutting an estimated $118M.
- SPO Advisory fully exited Qualcomm in Q2 2017, selling an estimated $226M.
- SPO Advisory's ten largest holdings make up 90% of its $5.09B portfolio in Q2 2017.
- SPO Advisory opened 3 new positions and closed 1 in Q2 2017.
- SPO Advisory's portfolio value fell 8.2% quarter-over-quarter to $5.09B.
Based on SPO Advisory's 13F filing for Q2 2017, filed 14 Aug 2017.