We are live on
!
Find out more
TM
Thrax Management Portfolio holdings
AUM
$547M
1-Year Est. Return
26.41%
This Fund
S&P 500
This Quarter
Est. Return
+16.89%
1 Year Est. Return
+26.41%
3 Year Est. Return
–
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$280M
AUM Growth
-$368M
(-57%)
Cap. Flow
-$228M
Cap. Flow
% of AUM
-81.31%
Top 10 Holdings %
Top 10 Hldgs %
55.56%
Holding
225
New
95
Increased
12
Reduced
24
Closed
90
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Electronic Arts
EA
|
+$17.2M |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$16.1M |
| 3 |
Qualcomm
QCOM
|
+$6.95M |
| 4 |
Broadcom
AVGO
|
+$6.87M |
| 5 |
JOYY
JOYY Inc
JOYY
|
+$6.41M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
K
Kellanova
K
|
+$48.3M |
| 2 |
YHOO
Yahoo Inc
YHOO
|
+$36.7M |
| 3 |
Amazon
AMZN
|
+$31.1M |
| 4 |
Salesforce
CRM
|
+$13.5M |
| 5 |
Charter Communications
CHTR
|
+$12.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Communication Services | 37.05% |
| 2 | Technology | 28.84% |
| 3 | Consumer Discretionary | 15.11% |
| 4 | Financials | 6.43% |
| 5 | Consumer Staples | 1.81% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
76
PUT
Capri Holdings
CPRI
$1.83B
| $104K | 0.04% |
+30,000
| New | +$1.5M |
|
77
PUT
W.W. Grainger
GWW
$65.3B
| $102K | 0.04% |
20,000
+10,000
| +100% | +$2.25M |
|
|
P
78
CALL
Everpure Inc
P
$25.7B
| $101K | 0.04% |
+50,000
| New | +$624K |
|
79
PUT
Criteo S.A. Ordinary Shares
CRTO
$1.1B
| $91K | 0.03% |
+30,000
| New | +$1.19M |
|
|
MOBL
80
DELISTED
MobileIron, Inc.
MOBL
| $83K | 0.03% |
+30,000
| New | +$92.7K |
|
81
CALL
Micron Technology
MU
$930B
| $78K | 0.03% |
+70,000
| New | +$1.07M |
|
82
PUT
Encore Capital Group
ECPG
$2.02B
| $75K | 0.03% |
+70,000
| New | +$1.58M |
|
83
PUT
Deutsche Bank
DB
$69B
| $69K | 0.02% |
+168,000
| New | +$2.06M |
|
84
PUT
Wayfair
W
$11.2B
| $69K | 0.02% |
+35,000
| New | +$1.41M |
|
85
PUT
Leggett & Platt
LEG
$1.34B
| $68K | 0.02% |
+15,000
| New | +$771K |
|
|
JOYY
86
CALL
JOYY Inc
JOYY
$3.71B
| $68K | 0.02% |
+15,000
| New | +$685K |
|
87
PUT
JD.com
JD
$44.6B
| $65K | 0.02% |
+100,000
| New | +$2.41M |
|
88
CALL
Cognizant
CTSH
$24.9B
| $61K | 0.02% |
+35,000
| New | +$1.99M |
|
|
RP
89
CALL
DELISTED
RealPage, Inc.
RP
| $61K | 0.02% |
+35,000
| New | +$871K |
|
90
PUT
Gogo Inc
GOGO
$565M
| $60K | 0.02% |
100,000
-40,000
| -29% | -$425K |
|
|
AKRX
91
PUT
DELISTED
Akorn Inc
AKRX
| $54K | 0.02% |
+40,000
| New | +$1.18M |
|
|
MNK
92
PUT
DELISTED
MALLINCKRODT PUBLIC LIMITED COMPANY
MNK
| $52K | 0.02% |
+7,000
| New | +$507K |
|
93
PUT
Akamai
AKAM
$16.7B
| $47K | 0.02% |
+50,000
| New | +$2.68M |
|
94
PUT
Goodyear
GT
$2B
| $47K | 0.02% |
+70,000
| New | +$2.04M |
|
|
INSY
95
PUT
DELISTED
Insys Therapeutics, Inc.
INSY
| $46K | 0.02% |
+50,000
| New | +$760K |
|
96
PUT
IBM
IBM
$211B
| $45K | 0.02% |
+10,460
| New | +$1.59M |
|
|
MBLY
97
PUT
DELISTED
Mobileye N.V.
MBLY
| $43K | 0.02% |
25,000
-5,000
| -17% | -$231K |
|
98
PUT
AutoZone
AZO
$49.2B
| $41K | 0.01% |
+12,000
| New | +$9.34M |
|
99
PUT
Avis
CAR
$4.86B
| $40K | 0.01% |
20,000
+10,000
| +100% | +$362K |
|
|
ZLTQ
100
PUT
DELISTED
ZELTIQ Aesthetics, Inc.
ZLTQ
| $40K | 0.01% |
35,000
-5,000
| -13% | -$179K |
|
Similar funds
BWM
KT
WHI
PC
HPBT
JIAI
BGE
WC
Thrax Management's Q3 2016 Portfolio in Review
As of Q3 2016, Thrax Management held 225 positions worth $280M, down 57% from $648M the previous quarter. Its ten largest holdings account for 56% of the portfolio.
Thrax Management withdrew a net $228M in Q3 2016, closing 90 positions and reducing 24 holdings. Its most notable exit was Kellanova, an estimated $48.3M position sold in full.
By sector, the portfolio is most concentrated in Communication Services at 37% of assets, up from 11% a quarter earlier, followed by Technology and Consumer Discretionary.
Against the trend, Thrax Management opened a new position in Electronic Arts worth $18.4M.
- Thrax Management's largest Q3 2016 buy was Electronic Arts: 214,883 shares worth $18.4M.
- Thrax Management added most to Alphabet (Google) Class C in Q3 2016, an estimated $16.1M increase.
- Thrax Management's biggest Q3 2016 reduction was Amazon, cutting an estimated $31.1M.
- Thrax Management fully exited Kellanova in Q3 2016, selling an estimated $48.3M.
- Thrax Management's ten largest holdings make up 56% of its $280M portfolio in Q3 2016.
- Thrax Management opened 95 new positions and closed 90 in Q3 2016.
- Thrax Management's portfolio value fell 57% quarter-over-quarter to $280M.
Based on Thrax Management's 13F filing for Q3 2016, filed 14 Nov 2016.