Tide Point Capital Management Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
American Airlines Group
AAL
|
+$56.5M |
| 2 |
JetBlue
JBLU
|
+$53.4M |
| 3 |
Steel Dynamics
STLD
|
+$35.8M |
| 4 |
SAVE
Spirit Airlines, Inc.
SAVE
|
+$30.6M |
| 5 |
Marathon Petroleum
MPC
|
+$29.4M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Targa Resources
TRGP
|
+$56M |
| 2 |
CSX Corp
CSX
|
+$44.2M |
| 3 |
Williams Companies
WMB
|
+$42.1M |
| 4 |
Air Products & Chemicals
APD
|
+$39.8M |
| 5 |
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
|
+$38.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Materials | 18.45% |
| 2 | Energy | 17.94% |
| 3 | Industrials | 17.35% |
| 4 | Consumer Discretionary | 4.05% |
| 5 | Technology | 1.93% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
51
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.59B
| – | – |
-250,000
| Closed | -$38.5M |
|
|
GCP
52
DELISTED
GCP Applied Technologies Inc.
GCP
| – | – |
-1,000,000
| Closed | -$28.3M |
|
|
CXO
53
DELISTED
CONCHO RESOURCES INC.
CXO
| – | – |
-150,000
| Closed | -$20.6M |
|
|
APC
54
DELISTED
Anadarko Petroleum
APC
| – | – |
-400,000
| Closed | -$25.3M |
|
|
PX
55
DELISTED
Praxair Inc
PX
| – | – |
-75,000
| Closed | -$9.06M |
|
|
MON
56
DELISTED
Monsanto Co
MON
| – | – |
-205,000
| Closed | -$21M |
|
|
GRA
57
DELISTED
W.R. Grace & Co.
GRA
| – | – |
-50,000
| Closed | -$3.69M |
|
Similar funds
Tide Point Capital Management's Q4 2016 Portfolio in Review
As of Q4 2016, Tide Point Capital Management held 57 positions worth $1.36B, down 25% from $1.83B the previous quarter. Its ten largest holdings account for 58% of the portfolio.
Tide Point Capital Management withdrew a net $538M in Q4 2016, closing 25 positions and reducing 7 holdings. Its most notable exit was CSX Corp, an estimated $44.2M position sold in full.
By sector, the portfolio is most concentrated in Materials at 18% of assets, up from 16% a quarter earlier, followed by Energy and Industrials.
Against the trend, Tide Point Capital Management opened a new position in American Airlines Group worth $60.5M.
- Tide Point Capital Management's largest Q4 2016 buy was American Airlines Group: 1,296,571 shares worth $60.5M.
- Tide Point Capital Management added most to Permian Resources in Q4 2016, an estimated $29.3M increase.
- Tide Point Capital Management's biggest Q4 2016 reduction was Targa Resources, cutting an estimated $56M.
- Tide Point Capital Management fully exited CSX Corp in Q4 2016, selling an estimated $44.2M.
- Tide Point Capital Management's ten largest holdings make up 58% of its $1.36B portfolio in Q4 2016.
- Tide Point Capital Management opened 19 new positions and closed 25 in Q4 2016.
- Tide Point Capital Management's portfolio value fell 25% quarter-over-quarter to $1.36B.
Based on Tide Point Capital Management's 13F filing for Q4 2016, filed 14 Feb 2017.