We are live on ! Find out more
TSP

Tappan Street Partners Portfolio holdings

AUM $35.7M
1-Year Est. Return 42.68%
This Fund
S&P 500
This Quarter Est. Return
-8.7%
1 Year Est. Return
+42.68%
3 Year Est. Return
–
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$82M
AUM Growth
+$4.85M
Cap. Flow
+$15.4M
Cap. Flow %
18.85%
Top 10 Hldgs %
88.15%
Holding
35
New
9
Increased
5
Reduced
5
Closed
7

Top Buys

Rank Stock Value
1
TNET icon
TriNet
TNET
+$6.24M
2
ITRI icon
Itron
ITRI
+$5.18M
3
MCK icon
McKesson
MCK
+$4.04M
4
BFH icon
Bread Financial
BFH
+$3.94M
5
VOYA icon
Voya Financial
VOYA
+$3.93M

Top Sells

Rank Stock Value
1
VSTO
Vista Outdoor Inc.
VSTO
+$7.12M
2
EXTN
Exterran Corporation
EXTN
+$7.03M
3
AROC icon
Archrock
AROC
+$3.2M
4
BNED icon
Barnes & Noble Education
BNED
+$2.96M
5
SHW icon
Sherwin-Williams
SHW
+$1.25M

Sector Composition

Rank Sector Weight
1 Industrials 43.54%
2 Financials 26.64%
3 Healthcare 16.62%
4 Technology 8.95%
5 Consumer Discretionary 0%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
MCK icon
1
McKesson
MCK
$98.5B
$10.2M 12.47%
65,000
+25,000
+63% +$4.04M
VOYA icon
2
Voya Financial
VOYA
$8.94B
$10.1M 12.35%
340,000
+130,000
+62% +$3.93M
SPR
3
DELISTED
Spirit AeroSystems
SPR
$9.98M 12.17%
220,000
+72,962
+50% +$3.32M
BW icon
4
Babcock & Wilcox
BW
$1.43B
$9.63M 11.75%
45,000
-5,798
-11% -$1.16M
GHC icon
5
Graham Holdings Company
GHC
$4.97B
$7.92M 9.66%
16,500
-500
-3% -$238K
TNET icon
6
TriNet
TNET
$2.84B
$6.31M 7.7%
+440,000
New +$6.24M
ITRI icon
7
Itron
ITRI
$3.73B
$6.26M 7.63%
150,000
+140,000
+1,400% +$5.18M
DBRG icon
8
DigitalBridge
DBRG
$2.94B
$4.99M 6.09%
110,000
-15,000
-12% -$663K
BFH icon
9
Bread Financial
BFH
$4.21B
$3.96M 4.83%
+22,554
New +$3.94M
CBM
10
DELISTED
Cambrex Corporation
CBM
$2.86M 3.49%
+64,990
New +$2.56M
BLBD icon
11
Blue Bird Corp
BLBD
$2.41B
$1.85M 2.25%
+170,368
New +$1.64M
RIG icon
12
PUT
Transocean
RIG
$5.92B
$1.69M 2.06%
522,400
-27,600
-5% -$274K
SPA
13
DELISTED
Sparton
SPA
$1.08M 1.32%
+60,000
New +$971K
WBKC
14
DELISTED
Wolverine Bancorp, Inc.
WBKC
$590K 0.72%
23,128
– –
SFBC
15
Sound Financial Bancorp
SFBC
$107M
$558K 0.68%
24,770
– –
BSTG
16
DELISTED
Biostage, Inc. Common Stock
BSTG
$540K 0.66%
300,000
– –
IROQ
17
DELISTED
IF Bancorp
IROQ
$533K 0.65%
28,800
– –
ASBB
18
DELISTED
ASB Bancorp Inc
ASBB
$526K 0.64%
21,681
– –
LPSB
19
DELISTED
LAPORTE BANCORP INC MD COM STK
LPSB
$452K 0.55%
28,700
+10,000
+53% +$150K
CHFN
20
DELISTED
Charter Financial Corp
CHFN
$392K 0.48%
29,060
– –
PBSK
21
DELISTED
Poage Bankshares, Inc.
PBSK
$357K 0.44%
21,500
– –
XOP icon
22
CALL
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.42B
$284K 0.35%
+56,250
New +$6.09M
FNWB icon
23
First Northwest Bancorp
FNWB
$114M
$202K 0.25%
+15,700
New +$200K
HBK
24
DELISTED
Hamilton Bancorp, Inc. Common Stock
HBK
$186K 0.23%
14,000
– –
CBNJ
25
DELISTED
CAPE BANCORP, INC COM
CBNJ
$167K 0.2%
12,390
– –
1
2

Similar funds

A
Aetna Hartford, Connecticut $35.3M AUM 7.55% 1-Year Est. Return
SAC
SPQ Asia Capital Hong Kong $37.7M AUM 121.14% 1-Year Est. Return
CPV
Canaan Partners VII Westport, Connecticut $32.3M AUM 154.97% 1-Year Est. Return
TCM
Trishield Capital Management New York $40.3M AUM
PVMCV
Polaris Venture Management Co VI Boston, Massachusetts $43.1M AUM 78.12% 1-Year Est. Return
NCCM
Nine Chapters Capital Management Short Hills, New Jersey $45.4M AUM 14.43% 1-Year Est. Return
MIGAR
Madison International Global Alpha Realty New York $25.9M AUM
CWM
Concert Wealth Management San Jose, California $24.7M AUM 14.91% 1-Year Est. Return

Tappan Street Partners's Q1 2016 Portfolio in Review

As of Q1 2016, Tappan Street Partners held 35 positions worth $82M, up 6.3% from $77.1M the previous quarter. Its ten largest holdings account for 88% of the portfolio.

Tappan Street Partners deployed $15.4M of net new capital in Q1 2016, opening 9 new positions and adding to 5 existing holdings. Its largest new stake was TriNet: 440,000 shares worth $6.31M.

By sector, the portfolio is most concentrated in Industrials at 44% of assets, up from 43% a quarter earlier, followed by Financials and Healthcare.

On the sell side, the largest reduction was Babcock & Wilcox, an estimated $1.16M trimmed.

  • Tappan Street Partners's largest Q1 2016 buy was TriNet: 440,000 shares worth $6.31M.
  • Tappan Street Partners added most to Itron in Q1 2016, an estimated $5.18M increase.
  • Tappan Street Partners's biggest Q1 2016 reduction was Babcock & Wilcox, cutting an estimated $1.16M.
  • Tappan Street Partners fully exited Vista Outdoor Inc. in Q1 2016, selling an estimated $7.12M.
  • Tappan Street Partners's ten largest holdings make up 88% of its $82M portfolio in Q1 2016.
  • Tappan Street Partners opened 9 new positions and closed 7 in Q1 2016.
  • Tappan Street Partners's portfolio value rose 6.3% quarter-over-quarter to $82M.

Based on Tappan Street Partners's 13F filing for Q1 2016, filed 16 May 2016.