TPCM
Tide Point Capital Management Portfolio holdings
AUM
$851M
Turnover
63.64%
1-Year Est. Return
25.25%
This Fund
S&P 500
This Quarter
Est. Return
-4.46%
1 Year Est. Return
+25.25%
3 Year Est. Return
+144.47%
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$825M
AUM Growth
+$56.4M
(+7.3%)
Cap. Flow
+$29.8M
Cap. Flow
% of AUM
3.62%
Top 10 Holdings %
Top 10 Hldgs %
37.37%
Holding
75
New
29
Increased
10
Reduced
8
Closed
27
Avg Time Held Equity + Options
0.3
years
Top 10 Avg Time Held Equity + Options
0.2
years
Top 20 Avg Time Held Equity + Options
0.2
years
Avg Time Held Equity only
0.4
years
Top 10 Avg Time Held Equity only
0.2
years
Top 20 Avg Time Held Equity only
0.2
years
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Masco
MAS
|
+$29.5M |
| 2 |
Southwest Airlines
LUV
|
+$27.7M |
| 3 |
Visteon
VC
|
+$26.7M |
| 4 |
Lockheed Martin
LMT
|
+$24.4M |
| 5 |
Celanese
CE
|
+$22.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
HIFR
InfraREIT, Inc.
HIFR
|
+$33.3M |
| 2 |
Magna International
MGA
|
+$30.3M |
| 3 |
OneMain Financial
OMF
|
+$23.4M |
| 4 |
RTX Corp
RTX
|
+$20M |
| 5 |
DuPont de Nemours
DD
|
+$20M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Industrials | 32.68% |
| 2 | Consumer Discretionary | 27.55% |
| 3 | Miscellaneous | 20.47% |
| 4 | Materials | 12.55% |
| 5 | Energy | 5.45% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1
PUT
Valero Energy
VLO
$132B
| $36.1M | 4.37% |
+600,000
| New | +$38.1M |
2015 Q3
0 quarters
|
|
2
LyondellBasell Industries
LYB
$19.8B
| $33.3M | 4.04% |
400,000
+200,000
| +100% | +$17.8M |
2015 Q2
1 quarter
|
|
3
Lear
LEA
$5.89B
| $32.6M | 3.95% |
300,000
+20,000
| +7% | +$2.08M |
2014 Q1
6 quarters
|
|
4
Delta Air Lines
DAL
$50.4B
| $32.5M | 3.94% |
725,000
+475,000
| +190% | +$21.3M |
2014 Q4
3 quarters
|
|
5
PUT
State Street SPDR S&P Biotech ETF
XBI
$9.71B
| $31.1M | 3.77% |
+500,000
| New | +$39.4M |
2015 Q3
0 quarters
|
|
6
Textron
TXT
$12.7B
| $30.9M | 3.74% |
820,000
| – | – |
2013 Q4
7 quarters
|
|
|
7
Masco
MAS
$13.7B
| $29M | 3.51% |
+1,150,000
| New | +$29.5M |
2015 Q3
0 quarters
|
|
|
8
Southwest Airlines
LUV
$19.2B
| $28.5M | 3.46% |
+750,000
| New | +$27.7M |
2015 Q3
0 quarters
|
|
9
DELISTED
Vista Outdoor Inc.
VSTO
| $27.5M | 3.34% |
619,558
-76,756
| -11% | -$3.5M |
2015 Q1
2 quarters
|
|
|
10
Visteon
VC
$2.31B
| $26.8M | 3.25% |
+265,000
| New | +$26.7M |
2015 Q3
0 quarters
|
|
|
11
Celanese
CE
$5.03B
| $26M | 3.15% |
440,000
+350,300
| +391% | +$22.2M |
2015 Q2
1 quarter
|
|
12
PUT
Amazon
AMZN
$2.74T
| $25.6M | 3.1% |
+1,000,000
| New | +$25.3M |
2015 Q3
0 quarters
|
|
13
Northrop Grumman
NOC
$70.4B
| $24.9M | 3.02% |
150,000
+70,000
| +88% | +$11.7M |
2015 Q2
1 quarter
|
|
|
14
Lockheed Martin
LMT
$121B
| $24.9M | 3.01% |
+120,000
| New | +$24.4M |
2015 Q3
0 quarters
|
|
15
Toll Brothers
TOL
$12B
| $22.9M | 2.78% |
670,000
+170,000
| +34% | +$6.44M |
2015 Q2
1 quarter
|
|
16
JetBlue
JBLU
$1.14B
| $21.9M | 2.65% |
+850,000
| New | +$20M |
2015 Q3
0 quarters
|
|
|
17
CALL
OneMain Financial
OMF
$6.29B
| $21.9M | 2.65% |
+500,000
| New | +$23.4M |
2015 Q3
0 quarters
|
|
|
GRA
18
DELISTED
W.R. Grace & Co.
GRA
| $20.6M | 2.5% |
221,700
+91,700
| +71% | +$9.1M |
2015 Q1
2 quarters
|
|
19
DELISTED
Sealed Air
SEE
| $19.9M | 2.41% |
425,000
-210,000
| -33% | -$10.8M |
2014 Q3
4 quarters
|
|
20
Vulcan Materials
VMC
$31.3B
| $19.6M | 2.38% |
+220,000
| New | +$20.5M |
2015 Q3
0 quarters
|
|
21
Golar LNG
GLNG
$4.7B
| $18.6M | 2.26% |
667,525
-157,475
| -19% | -$6.1M |
2013 Q4
7 quarters
|
|
22
Norwegian Cruise Line
NCLH
$6.83B
| $18.1M | 2.19% |
315,000
-90,000
| -22% | -$5.3M |
2014 Q4
3 quarters
|
|
23
PUT
State Street SPDR S&P Metals & Mining ETF
XME
$3.96B
| $16.7M | 2.03% |
+1,000,000
| New | +$19.9M |
2015 Q3
0 quarters
|
|
24
Mohawk Industries
MHK
$8.13B
| $16.4M | 1.98% |
+90,000
| New | +$17.8M |
2015 Q3
0 quarters
|
|
25
Stellantis
STLA
$12.4B
| $15.9M | 1.92% |
1,840,452
+766,855
| +71% | +$7.33M |
2014 Q4
3 quarters
|
|
Similar funds
OMCS
CCM
EA
AAC
IIM
CS
CCM
IAMA
Tide Point Capital Management's Q3 2015 Portfolio in Review
As of Q3 2015, Tide Point Capital Management held 75 positions worth $825M, up 7.3% from $769M the previous quarter. Its ten largest holdings account for 37% of the portfolio.
Tide Point Capital Management deployed $29.8M of net new capital in Q3 2015, opening 29 new positions and adding to 10 existing holdings. Its largest new stake was Masco: 1,150,000 shares worth $29M.
By sector, the portfolio is most concentrated in Industrials at 33% of assets, up from 25% a quarter earlier, followed by Consumer Discretionary and Miscellaneous.
On the sell side, the largest reduction was Graphic Packaging, an estimated $12.6M trimmed.
- Tide Point Capital Management's largest Q3 2015 buy was Masco: 1,150,000 shares worth $29M.
- Tide Point Capital Management added most to Celanese in Q3 2015, an estimated $22.2M increase.
- Tide Point Capital Management's biggest Q3 2015 reduction was Graphic Packaging, cutting an estimated $12.6M.
- Tide Point Capital Management fully exited InfraREIT, Inc. in Q3 2015, selling an estimated $33.3M.
- Tide Point Capital Management's ten largest holdings make up 37% of its $825M portfolio in Q3 2015.
- Tide Point Capital Management opened 29 new positions and closed 27 in Q3 2015.
- Tide Point Capital Management's portfolio value rose 7.3% quarter-over-quarter to $825M.
Based on Tide Point Capital Management's 13F filing for Q3 2015, filed 16 Nov 2015.