TAM
TPH Asset Management Portfolio holdings
AUM
$1.01B
Turnover
24.21%
1-Year Est. Return
2.1%
This Fund
S&P 500
This Quarter
Est. Return
-11.53%
1 Year Est. Return
-2.1%
3 Year Est. Return
-8.46%
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$893M
AUM Growth
-$81.7M
(-8.4%)
Cap. Flow
+$73.8M
Cap. Flow
% of AUM
8.26%
Top 10 Holdings %
Top 10 Hldgs %
35.75%
Holding
95
New
10
Increased
27
Reduced
47
Closed
11
Avg Time Held Equity + Options
1.7
years
Top 10 Avg Time Held Equity + Options
0.8
years
Top 20 Avg Time Held Equity + Options
1
year
Avg Time Held Equity only
1.7
years
Top 10 Avg Time Held Equity only
0.8
years
Top 20 Avg Time Held Equity only
1
year
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
ETP
Energy Transfer Partners, L.P.
ETP
|
+$32.8M |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$23.9M |
| 3 |
NGL Energy Partners
NGL
|
+$18.5M |
| 4 |
ExxonMobil
XOM
|
+$12.4M |
| 5 |
Antero Midstream
AM
|
+$12.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Macquarie Infrastructure Holdings, LLC
MIC
|
+$13M |
| 2 |
EEP
Enbridge Energy Partners
EEP
|
+$10.2M |
| 3 |
WNRL
Western Refining Logistics, LP
WNRL
|
+$8.45M |
| 4 |
EQM
EQM Midstream Partners, LP
EQM
|
+$7.75M |
| 5 |
Western Gas Partners Lp
WES
|
+$6.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Energy | 91.28% |
| 2 | Utilities | 3.29% |
| 3 | Materials | 3% |
| 4 | Miscellaneous | 2.43% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
RICE
76
DELISTED
Rice Energy Inc.
RICE
| $896K | 0.1% |
33,656
-98,943
| -75% | -$2.2M |
2015 Q2
8 quarters
|
|
77
CMS Energy
CMS
$21B
| $733K | 0.08% |
15,846
-6,063
| -28% | -$280K |
2013 Q3
15 quarters
|
|
78
DELISTED
Chesapeake Energy Corporation
CHK
| $538K | 0.06% |
+541
| New | +$581K |
2017 Q2
0 quarters
|
|
|
PE
79
DELISTED
PARSLEY ENERGY INC
PE
| $440K | 0.05% |
15,855
-11,138
| -41% | -$332K |
2015 Q3
7 quarters
|
|
80
Ovintiv
OVV
$18.5B
| $334K | 0.04% |
7,590
-5,137
| -40% | -$266K |
2015 Q3
7 quarters
|
|
|
QEP
81
DELISTED
QEP RESOURCES, INC.
QEP
| $315K | 0.04% |
31,202
+9,939
| +47% | +$108K |
2016 Q3
3 quarters
|
|
82
Antero Resources
AR
$11.3B
| $262K | 0.03% |
12,111
+499
| +4% | +$10.7K |
2016 Q2
4 quarters
|
|
|
CAFD
83
DELISTED
8point3 Energy Partners LP
CAFD
| $257K | 0.03% |
+17,014
| New | +$225K |
2017 Q2
0 quarters
|
|
|
84
State Street SPDR S&P 500 ETF Trust
SPY
$813B
| $73K | 0.01% |
+99,700
| New | +$23.9M |
2017 Q2
0 quarters
|
|
|
85
PUT
State Street SPDR S&P 500 ETF Trust
SPY
$813B
| – | – |
-105,900
| Closed | -$315K | – |
|
86
Valero Energy
VLO
$132B
| – | – |
-10,895
| Closed | -$722K | – |
|
|
PDCE
87
DELISTED
PDC Energy, Inc.
PDCE
| – | – |
-5,570
| Closed | -$347K | – |
|
|
88
DELISTED
Macquarie Infrastructure Holdings, LLC
MIC
| – | – |
-160,933
| Closed | -$13M | – |
|
|
BPL
89
DELISTED
Buckeye Partners, L.P.
BPL
| – | – |
-51,665
| Closed | -$3.54M | – |
|
|
ANDX
90
DELISTED
Andeavor Logistics LP
ANDX
| – | – |
-41,565
| Closed | -$2.26M | – |
|
|
SDLP
91
CALL
DELISTED
SEADRILL PARTNERS LLC
SDLP
| – | – |
-5,000
| Closed | -$6K | – |
|
|
EEP
92
DELISTED
Enbridge Energy Partners
EEP
| – | – |
-536,784
| Closed | -$10.2M | – |
|
|
ANDV
93
DELISTED
Andeavor
ANDV
| – | – |
-16,683
| Closed | -$1.35M | – |
|
|
PTXP
94
DELISTED
PennTex Midstream Partners, LP Common Units Reresenting Limited Partnership Interests
PTXP
| – | – |
-336,004
| Closed | -$5.79M | – |
|
|
FMSA
95
CALL
DELISTED
Fairmount Santrol Holdings Inc.
FMSA
| – | – |
-140,000
| Closed | -$119K | – |
|
Similar funds
SI
GES
AS
QAM
GL
BTIS
IH
HHC
TPH Asset Management's Q2 2017 Portfolio in Review
As of Q2 2017, TPH Asset Management held 95 positions worth $893M, down 8.4% from $975M the previous quarter. Its ten largest holdings account for 36% of the portfolio.
TPH Asset Management deployed $73.8M of net new capital in Q2 2017, opening 10 new positions and adding to 27 existing holdings. Its largest new stake was Energy Transfer Partners, L.P.: 1,470,026 shares worth $30M.
By sector, the portfolio is most concentrated in Energy at 91% of assets, up from 91% a quarter earlier, followed by Utilities and Materials.
On the sell side, the largest reduction was Western Refining Logistics, LP, an estimated $8.45M trimmed.
- TPH Asset Management's largest Q2 2017 buy was Energy Transfer Partners, L.P.: 1,470,026 shares worth $30M.
- TPH Asset Management added most to NGL Energy Partners in Q2 2017, an estimated $18.5M increase.
- TPH Asset Management's biggest Q2 2017 reduction was Western Refining Logistics, LP, cutting an estimated $8.45M.
- TPH Asset Management fully exited Macquarie Infrastructure Holdings, LLC in Q2 2017, selling an estimated $13M.
- TPH Asset Management's ten largest holdings make up 36% of its $893M portfolio in Q2 2017.
- TPH Asset Management opened 10 new positions and closed 11 in Q2 2017.
- TPH Asset Management's portfolio value fell 8.4% quarter-over-quarter to $893M.
Based on TPH Asset Management's 13F filing for Q2 2017, filed 14 Aug 2017.