Tide Point Capital Management Portfolio holdings

Tide Point Capital Management's Q2 2016 Portfolio in Review

As of Q2 2016, Tide Point Capital Management held 70 positions worth $1.32B, down 3.5% from $1.37B the previous quarter. Its ten largest holdings account for 53% of the portfolio.

Tide Point Capital Management withdrew a net $100M in Q2 2016, closing 26 positions and reducing 7 holdings. Its most notable exit was Southwest Airlines, an estimated $43.9M position sold in full.

By sector, the portfolio is most concentrated in Materials at 15% of assets, down from 17% a quarter earlier, followed by Energy and Industrials.

Against the trend, Tide Point Capital Management opened a new position in Halliburton worth $41.4M.

• Tide Point Capital Management's largest Q2 2016 buy was Halliburton: 914,055 shares worth $41.4M.
• Tide Point Capital Management added most to Targa Resources in Q2 2016, an estimated $26.3M increase.
• Tide Point Capital Management's biggest Q2 2016 reduction was W.R. Grace & Co., cutting an estimated $11.5M.
• Tide Point Capital Management fully exited Southwest Airlines in Q2 2016, selling an estimated $43.9M.
• Tide Point Capital Management's ten largest holdings make up 53% of its $1.32B portfolio in Q2 2016.
• Tide Point Capital Management opened 29 new positions and closed 26 in Q2 2016.
• Tide Point Capital Management's portfolio value fell 3.5% quarter-over-quarter to $1.32B.

Based on Tide Point Capital Management's 13F filing for Q2 2016, filed 15 Aug 2016.