We are live on ! Find out more
VCM

Voce Capital Management Portfolio holdings

AUM $57.8M
1-Year Est. Return 9.28%
This Fund
S&P 500
This Quarter Est. Return
+2.93%
1 Year Est. Return
-9.28%
3 Year Est. Return
+69.22%
5 Year Est. Return
+12.27%
10 Year Est. Return
–
AUM
$53.9M
AUM Growth
-$8.46M
Cap. Flow
-$9.66M
Cap. Flow %
-17.92%
Top 10 Hldgs %
100%
Holding
11
New
1
Increased
2
Reduced
6
Closed
1

Top Buys

Rank Stock Value
1
COWN
Cowen Inc. Class A Common Stock
COWN
+$1.07M
2
COHU icon
Cohu
COHU
+$333K
3
CUTR
Cutera, Inc.
CUTR
+$3.64K

Top Sells

Rank Stock Value
1
NTUS
Natus Medical Inc
NTUS
+$6.49M
2
ONTO icon
Onto Innovation
ONTO
+$2.31M
3
MPAA icon
Motorcar Parts of America
MPAA
+$965K
4
AZTA icon
Azenta
AZTA
+$628K
5
AMAG
AMAG Pharmaceuticals
AMAG
+$347K

Sector Composition

Rank Sector Weight
1 Healthcare 53.5%
2 Technology 22.9%
3 Consumer Discretionary 8.96%
4 Financials 2.17%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
NTUS
1
DELISTED
Natus Medical Inc
NTUS
$19.3M 35.79%
541,406
-183,703
-25% -$6.49M
CALX icon
2
Calix
CALX
$2.31B
$9.34M 17.32%
1,153,044
– –
CUTR
3
DELISTED
Cutera, Inc.
CUTR
$6.42M 11.9%
197,131
+100
+0.1% +$3.64K
MPAA icon
4
Motorcar Parts of America
MPAA
$261M
$4.83M 8.96%
205,976
-41,442
-17% -$965K
AMAG
5
DELISTED
AMAG Pharmaceuticals
AMAG
$3.37M 6.25%
168,598
-15,250
-8% -$347K
ARRS
6
DELISTED
ARRIS International plc Ordinary Shares
ARRS
$3.36M 6.23%
129,223
-9,698
-7% -$247K
AZTA icon
7
Azenta
AZTA
$1.26B
$3.13M 5.81%
89,469
-19,112
-18% -$628K
COHU icon
8
Cohu
COHU
$2.41B
$1.89M 3.5%
75,276
+13,312
+21% +$333K
COWN
9
DELISTED
Cowen Inc. Class A Common Stock
COWN
$1.17M 2.17%
+71,676
New +$1.07M
RTEC
10
DELISTED
Rudolph Technologies Inc
RTEC
$1.12M 2.08%
45,968
-3,342
-7% -$92K
ONTO icon
11
Onto Innovation
ONTO
$13.6B
– –
-65,101
Closed -$2.31M

Similar funds

FGIM
First Growth Investment Manager San Francisco, California $59.5M AUM 30.53% 1-Year Est. Return
NH
NNS Holding Camana Bay, Grand Cayman, Cayman Islands $53.2M AUM
KP
Kuvari Partners London, United Kingdom $52.2M AUM
WGRM
Waterton Global Resource Management Toronto, Ontario, Canada $64.9M AUM 17.81% 1-Year Est. Return
WC
Wealth CMT Cherry Hill, New Jersey $66.2M AUM 8.1% 1-Year Est. Return
IM
Islet Management New York $49.1M AUM 17.59% 1-Year Est. Return
KM
Kalos Management Alpharetta, Georgia $46.6M AUM 11.52% 1-Year Est. Return
UCIG
Ulrich Consultants & Investment Group Albuquerque, New Mexico $41.4M AUM 20.81% 1-Year Est. Return

Voce Capital Management's Q3 2018 Portfolio in Review

As of Q3 2018, Voce Capital Management held 11 positions worth $53.9M, down 14% from $62.4M the previous quarter. Its ten largest holdings account for 100% of the portfolio.

Voce Capital Management withdrew a net $9.66M in Q3 2018, closing 1 position and reducing 6 holdings. Its most notable exit was Onto Innovation, an estimated $2.31M position sold in full.

By sector, the portfolio is most concentrated in Healthcare at 53% of assets, down from 59% a quarter earlier, followed by Technology and Consumer Discretionary.

Against the trend, Voce Capital Management opened a new position in Cowen Inc. Class A Common Stock worth $1.17M.

  • Voce Capital Management's largest Q3 2018 buy was Cowen Inc. Class A Common Stock: 71,676 shares worth $1.17M.
  • Voce Capital Management added most to Cohu in Q3 2018, an estimated $333K increase.
  • Voce Capital Management's biggest Q3 2018 reduction was Natus Medical Inc, cutting an estimated $6.49M.
  • Voce Capital Management fully exited Onto Innovation in Q3 2018, selling an estimated $2.31M.
  • Voce Capital Management's ten largest holdings make up 100% of its $53.9M portfolio in Q3 2018.
  • Voce Capital Management opened 1 new position and closed 1 in Q3 2018.
  • Voce Capital Management's portfolio value fell 14% quarter-over-quarter to $53.9M.

Based on Voce Capital Management's 13F filing for Q3 2018, filed 14 Nov 2018.