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
+7%
1 Year Est. Return
+26.41%
3 Year Est. Return
–
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$648M
AUM Growth
+$6.58M
Cap. Flow
-$21.4M
Cap. Flow %
-3.3%
Top 10 Hldgs %
46.46%
Holding
191
New
78
Increased
16
Reduced
29
Closed
61

Top Buys

Rank Stock Value
1
K
Kellanova
K
+$45.2M
2
AMZN icon
Amazon
AMZN
+$30.8M
3
YHOO
Yahoo Inc
YHOO
+$22.3M
4
ATVI
Activision Blizzard
ATVI
+$10.8M
5
BABA icon
Alibaba
BABA
+$7.05M

Top Sells

Rank Stock Value
1
CVC
CABLEVISION SYS CP NY GRP CL-A
CVC
+$57.4M
2
GOOGL icon
Alphabet (Google) Class A
GOOGL
+$20.4M
3
PFPT
Proofpoint, Inc.
PFPT
+$18.7M
4
NFLX icon
Netflix
NFLX
+$18.5M
5
CRM icon
Salesforce
CRM
+$18.2M

Sector Composition

Rank Sector Weight
1 Consumer Staples 11.38%
2 Communication Services 11.1%
3 Technology 9.22%
4 Consumer Discretionary 8.5%
5 Energy 5.67%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
INSY
176
PUT
DELISTED
Insys Therapeutics, Inc.
INSY
– –
-10,000
Closed -$160K
KEYW
177
PUT
DELISTED
The KEYW Holding Corporation
KEYW
– –
-20,000
Closed -$133K
MITL
178
PUT
DELISTED
Mitel Networks Corporation
MITL
– –
-25,000
Closed -$205K
ZOES
179
PUT
DELISTED
Zoe's Kitchen, Inc.
ZOES
– –
-30,000
Closed -$1.17M
TWX
180
CALL
DELISTED
Time Warner Inc
TWX
– –
-50,000
Closed -$3.63M
BWLD
181
DELISTED
Buffalo Wild Wings, Inc.
BWLD
– –
-10,000
Closed -$1.48M
RATE
182
CALL
DELISTED
Bankrate Inc
RATE
– –
-150,000
Closed -$1.38M
BLOX
183
DELISTED
Infoblox Inc
BLOX
– –
-72,613
Closed -$1.24M
CVC
184
DELISTED
CABLEVISION SYS CP NY GRP CL-A
CVC
– –
-1,740,505
Closed -$57.4M
OPWR
185
PUT
DELISTED
OPOWER INC COM STK (DE)
OPWR
– –
-37,000
Closed -$252K
TXTR
186
PUT
DELISTED
TEXTURA CORPORATION COM
TXTR
– –
-55,000
Closed -$1.02M
ADT
187
DELISTED
ADT Corp
ADT
– –
-6,500
Closed -$268K
TWC
188
DELISTED
TIME WARNER CABLE INC NEW COM STK
TWC
– –
-10,439
Closed -$2.14M
4 5 6 7
8

Similar funds

BWM
Braver Wealth Management Needham, Massachusetts $616M AUM 12.48% 1-Year Est. Return
KT
Kanaly Trust Houston, Texas $471M AUM 15.12% 1-Year Est. Return
WHI
William Harris Investors Chicago, Illinois $347M AUM 3.53% 1-Year Est. Return
PC
Perry Capital New York $334M AUM 8.27% 1-Year Est. Return
HPBT
High Point Bank & Trust High Point, North Carolina $315M AUM 12.21% 1-Year Est. Return
JIAI
JCF III AIV I New York $299M AUM 7.51% 1-Year Est. Return
BGE
BLS Global Equities Klampenborg, Denmark $297M AUM
WC
Weatherbie Capital Boston, Massachusetts $797M AUM 23.31% 1-Year Est. Return

Thrax Management's Q2 2016 Portfolio in Review

As of Q2 2016, Thrax Management held 191 positions worth $648M, up 1% from $641M the previous quarter. Its ten largest holdings account for 46% of the portfolio.

Thrax Management withdrew a net $21.4M in Q2 2016, closing 61 positions and reducing 29 holdings. Its most notable exit was CABLEVISION SYS CP NY GRP CL-A, an estimated $57.4M position sold in full.

By sector, the portfolio is most concentrated in Consumer Staples at 11% of assets, up from 5.7% a quarter earlier, followed by Communication Services and Technology.

Against the trend, Thrax Management opened a new position in Kellanova worth $48.3M.

  • Thrax Management's largest Q2 2016 buy was Kellanova: 629,909 shares worth $48.3M.
  • Thrax Management added most to Amazon in Q2 2016, an estimated $30.8M increase.
  • Thrax Management's biggest Q2 2016 reduction was Alphabet (Google) Class A, cutting an estimated $20.4M.
  • Thrax Management fully exited CABLEVISION SYS CP NY GRP CL-A in Q2 2016, selling an estimated $57.4M.
  • Thrax Management's ten largest holdings make up 46% of its $648M portfolio in Q2 2016.
  • Thrax Management opened 78 new positions and closed 61 in Q2 2016.
  • Thrax Management's portfolio value rose 1% quarter-over-quarter to $648M.

Based on Thrax Management's 13F filing for Q2 2016, filed 12 Aug 2016.