We are live on
!
Find out more
SRCM
Sterling Ridge Capital Management Portfolio holdings
AUM
$158M
1-Year Est. Return
7.07%
This Fund
S&P 500
This Quarter
Est. Return
-0.45%
1 Year Est. Return
+7.07%
3 Year Est. Return
–
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$158M
AUM Growth
-$445M
(-74%)
Cap. Flow
-$433M
Cap. Flow
% of AUM
-274.36%
Top 10 Holdings %
Top 10 Hldgs %
40.23%
Holding
131
New
62
Increased
7
Reduced
25
Closed
37
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
JPMorgan Chase
JPM
|
+$4.3M |
| 2 |
Whirlpool
WHR
|
+$3.38M |
| 3 |
Tapestry
TPR
|
+$3.2M |
| 4 |
Lithia Motors
LAD
|
+$2.64M |
| 5 |
Sherwin-Williams
SHW
|
+$2.42M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
SCHW
Charles Schwab
SCHW
|
+$5.98M |
| 2 |
US Bancorp
USB
|
+$4.36M |
| 3 |
McDonald's
MCD
|
+$3.79M |
| 4 |
Alibaba
BABA
|
+$3.59M |
| 5 |
Intercontinental Exchange
ICE
|
+$3.55M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 28.79% |
| 2 | Communication Services | 8.45% |
| 3 | Technology | 8.36% |
| 4 | Financials | 8.32% |
| 5 | Consumer Staples | 6.85% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
PNRA
26
DELISTED
Panera Bread Co
PNRA
| $2.06M | 1.31% |
10,056
+3,274
| +48% | +$652K |
|
|
RAI
27
DELISTED
Reynolds American Inc
RAI
| $1.99M | 1.26% |
+39,606
| New | +$1.94M |
|
28
PUT
State Street SPDR S&P Retail ETF
XRT
$452M
| $1.85M | 1.17% |
40,000
-60,000
| -60% | -$2.54M |
|
|
WBA
29
DELISTED
Walgreens Boots Alliance
WBA
| $1.84M | 1.16% |
+21,809
| New | +$1.74M |
|
30
PUT
Infosys
INFY
$46.7B
| $1.75M | 1.11% |
+184,000
| New | +$1.6M |
|
|
RHT
31
DELISTED
Red Hat Inc
RHT
| $1.6M | 1.02% |
21,517
-18,700
| -46% | -$1.32M |
|
32
Dollar Tree
DLTR
$24.7B
| $1.49M | 0.95% |
18,082
-1,856
| -9% | -$146K |
|
33
Adobe
ADBE
$93.5B
| $1.42M | 0.9% |
15,180
-24,127
| -61% | -$2.09M |
|
34
Trip.com Group
TCOM
$27.5B
| $1.38M | 0.88% |
+31,280
| New | +$1.31M |
|
35
Booking.com
BKNG
$143B
| $1.34M | 0.85% |
+26,075
| New | +$1.25M |
|
|
FIT
36
DELISTED
Fitbit, Inc. Class A common stock
FIT
| $1.32M | 0.84% |
+87,400
| New | +$1.39M |
|
37
CME Group
CME
$89B
| $1.22M | 0.78% |
+12,739
| New | +$1.16M |
|
|
38
McDonald's
MCD
$194B
| $1.17M | 0.74% |
9,342
-31,751
| -77% | -$3.79M |
|
39
Wynn Resorts
WYNN
$10.2B
| $1.15M | 0.73% |
+12,276
| New | +$906K |
|
|
DATA
40
DELISTED
Tableau Software, Inc.
DATA
| $1.14M | 0.72% |
+24,910
| New | +$1.45M |
|
41
Home Depot
HD
$347B
| $1.11M | 0.7% |
8,302
-126
| -1% | -$15.7K |
|
42
TripAdvisor
TRIP
$1.73B
| $1.1M | 0.7% |
+16,560
| New | +$1.1M |
|
43
Regions Financial
RF
$27.6B
| $1.08M | 0.69% |
137,999
-84,163
| -38% | -$677K |
|
44
NXP Semiconductors
NXPI
$68.3B
| $1.03M | 0.65% |
+12,666
| New | +$945K |
|
45
Apple
AAPL
$4.89T
| $1.03M | 0.65% |
+37,652
| New | +$938K |
|
46
Baidu
BIDU
$38.4B
| $986K | 0.63% |
5,163
-14,924
| -74% | -$2.54M |
|
47
Commault Systems
CVLT
$6.2B
| $984K | 0.62% |
+22,792
| New | +$844K |
|
48
Invesco
IVZ
$13.4B
| $978K | 0.62% |
+31,800
| New | +$918K |
|
|
TWTR
49
DELISTED
Twitter, Inc.
TWTR
| $970K | 0.62% |
+58,604
| New | +$1.03M |
|
50
Salesforce
CRM
$141B
| $929K | 0.59% |
12,585
-34,227
| -73% | -$2.36M |
|
Similar funds
CGH
WI
HF
PLCM
PCM
FVF2
SCM
QGM
Sterling Ridge Capital Management's Q1 2016 Portfolio in Review
As of Q1 2016, Sterling Ridge Capital Management held 131 positions worth $158M, down 74% from $602M the previous quarter. Its ten largest holdings account for 40% of the portfolio.
Sterling Ridge Capital Management withdrew a net $433M in Q1 2016, closing 37 positions and reducing 25 holdings. Its most notable exit was Charles Schwab, an estimated $5.98M position sold in full.
By sector, the portfolio is most concentrated in Consumer Discretionary at 29% of assets, up from 6.5% a quarter earlier, followed by Communication Services and Technology.
Against the trend, Sterling Ridge Capital Management opened a new position in JPMorgan Chase worth $4.36M.
- Sterling Ridge Capital Management's largest Q1 2016 buy was JPMorgan Chase: 73,646 shares worth $4.36M.
- Sterling Ridge Capital Management added most to Kraft Heinz in Q1 2016, an estimated $1.06M increase.
- Sterling Ridge Capital Management's biggest Q1 2016 reduction was McDonald's, cutting an estimated $3.79M.
- Sterling Ridge Capital Management fully exited Charles Schwab in Q1 2016, selling an estimated $5.98M.
- Sterling Ridge Capital Management's ten largest holdings make up 40% of its $158M portfolio in Q1 2016.
- Sterling Ridge Capital Management opened 62 new positions and closed 37 in Q1 2016.
- Sterling Ridge Capital Management's portfolio value fell 74% quarter-over-quarter to $158M.
Based on Sterling Ridge Capital Management's 13F filing for Q1 2016, filed 16 May 2016.