Tortoise Investment Management Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR Bloomberg Short Term High Yield Bond ETF
SJNK
|
+$4.22M |
| 2 |
Invesco National AMT-Free Municipal Bond ETF
PZA
|
+$3.15M |
| 3 |
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
|
+$2.84M |
| 4 |
NXK
NUVEEN N.Y. DIV ADV MUNI FD
NXK
|
+$2.23M |
| 5 |
Invesco New York AMT-Free Municipal Bond ETF
PZT
|
+$1.93M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR Portfolio Short Term Corporate Bond ETF
SPSB
|
+$4M |
| 2 |
iShares National Muni Bond ETF
MUB
|
+$1.83M |
| 3 |
Vanguard Short-Term Corporate Bond ETF
VCSH
|
+$1.79M |
| 4 |
Apple
AAPL
|
+$1.44M |
| 5 |
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
|
+$787K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Energy | 5.56% |
| 2 | Financials | 2.06% |
| 3 | Technology | 1.9% |
| 4 | Healthcare | 1.5% |
| 5 | Real Estate | 1.33% |
Similar funds
Tortoise Investment Management's Q3 2013 Portfolio in Review
As of Q3 2013, Tortoise Investment Management held 410 positions worth $166M, up 9.4% from $151M the previous quarter. Its ten largest holdings account for 40% of the portfolio.
Tortoise Investment Management deployed $6.97M of net new capital in Q3 2013, opening 27 new positions and adding to 42 existing holdings. Its largest new stake was Invesco National AMT-Free Municipal Bond ETF: 137,000 shares worth $3.16M.
By sector, the portfolio is most concentrated in Energy at 5.6% of assets, down from 6.5% a quarter earlier, followed by Financials and Technology.
On the sell side, the largest reduction was State Street SPDR Portfolio Short Term Corporate Bond ETF, an estimated $4M trimmed.
- Tortoise Investment Management's largest Q3 2013 buy was Invesco National AMT-Free Municipal Bond ETF: 137,000 shares worth $3.16M.
- Tortoise Investment Management added most to State Street SPDR Bloomberg Short Term High Yield Bond ETF in Q3 2013, an estimated $4.22M increase.
- Tortoise Investment Management's biggest Q3 2013 reduction was State Street SPDR Portfolio Short Term Corporate Bond ETF, cutting an estimated $4M.
- Tortoise Investment Management fully exited Celgene Corp in Q3 2013, selling an estimated $28K.
- Tortoise Investment Management's ten largest holdings make up 40% of its $166M portfolio in Q3 2013.
- Tortoise Investment Management opened 27 new positions and closed 46 in Q3 2013.
- Tortoise Investment Management's portfolio value rose 9.4% quarter-over-quarter to $166M.
Based on Tortoise Investment Management's 13F filing for Q3 2013, filed 10 Mar 2014.