Summit Capital Management Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
|
+$13.3M |
| 2 |
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
|
+$7.22M |
| 3 |
First Trust Dow Jones Internet Index Fund ETF
FDN
|
+$6.94M |
| 4 |
ELLI
Ellie Mae Inc
ELLI
|
+$4.52M |
| 5 |
Vanguard FTSE Europe ETF
VGK
|
+$3.43M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Russell 2000 Growth ETF
IWO
|
+$5.98M |
| 2 |
Amgen
AMGN
|
+$3.88M |
| 3 |
Alerian MLP ETF
AMLP
|
+$3.75M |
| 4 |
ProShares Trust Short MSCI Emerging Markets
EUM
|
+$3.04M |
| 5 |
PCH
PotlatchDeltic
PCH
|
+$2.69M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 15.95% |
| 2 | Healthcare | 11.17% |
| 3 | Industrials | 8.75% |
| 4 | Financials | 6.66% |
| 5 | Energy | 4.01% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
76
VanEck Energy Income ETF
EINC
$80.6M
| – | – |
-1,760
| Closed | -$182K |
|
|
77
ProShares Trust Short MSCI Emerging Markets
EUM
$10.9M
| – | – |
-50,870
| Closed | -$3.04M |
|
78
iShares Europe ETF
IEV
$1.7B
| – | – |
-49,144
| Closed | -$1.96M |
|
|
79
iShares Russell 2000 Growth ETF
IWO
$15B
| – | – |
-44,607
| Closed | -$5.98M |
|
80
Lifecore Biomedical
LFCR
$185M
| – | – |
-98,362
| Closed | -$1.15M |
|
81
Omeros
OMER
$945M
| – | – |
-39,309
| Closed | -$431K |
|
82
Pan American Silver
PAAS
$21.4B
| – | – |
-164,145
| Closed | -$1.04M |
|
|
TSYS
83
DELISTED
TELECOMMUNICATIONS SYS INC "A"
TSYS
| – | – |
-65,000
| Closed | -$224K |
|
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Summit Capital Management's Q4 2015 Portfolio in Review
As of Q4 2015, Summit Capital Management held 85 positions worth $247M, up 21% from $205M the previous quarter. Its ten largest holdings account for 52% of the portfolio.
Summit Capital Management deployed $32.2M of net new capital in Q4 2015, opening 21 new positions and adding to 22 existing holdings. Its largest new stake was State Street Consumer Discretionary Select Sector SPDR ETF: 334,904 shares worth $13.1M.
By sector, the portfolio is most concentrated in Technology at 16% of assets, up from 14% a quarter earlier, followed by Healthcare and Industrials.
On the sell side, the largest reduction was Amgen, an estimated $3.88M trimmed.
- Summit Capital Management's largest Q4 2015 buy was State Street Consumer Discretionary Select Sector SPDR ETF: 334,904 shares worth $13.1M.
- Summit Capital Management added most to First Trust Dow Jones Internet Index Fund ETF in Q4 2015, an estimated $6.94M increase.
- Summit Capital Management's biggest Q4 2015 reduction was Amgen, cutting an estimated $3.88M.
- Summit Capital Management fully exited iShares Russell 2000 Growth ETF in Q4 2015, selling an estimated $5.98M.
- Summit Capital Management's ten largest holdings make up 52% of its $247M portfolio in Q4 2015.
- Summit Capital Management opened 21 new positions and closed 10 in Q4 2015.
- Summit Capital Management's portfolio value rose 21% quarter-over-quarter to $247M.
Based on Summit Capital Management's 13F filing for Q4 2015, filed 11 Feb 2016.