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WAM
Watershed Asset Management Portfolio holdings
AUM
$96.5M
This Fund
S&P 500
This Quarter
Est. Return
+3.37%
1 Year Est. Return
–
3 Year Est. Return
–
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$80.7M
AUM Growth
-$1.76M
(-2.1%)
Cap. Flow
-$4.1M
Cap. Flow
% of AUM
-5.08%
Top 10 Holdings %
Top 10 Hldgs %
58.69%
Holding
156
New
39
Increased
23
Reduced
30
Closed
40
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MSCI India ETF
INDA
|
+$4.14M |
| 2 |
Danaher
DHR
|
+$2.08M |
| 3 |
Repligen
RGEN
|
+$1.12M |
| 4 |
Deere & Co
DE
|
+$1.09M |
| 5 |
EQT Corp
EQT
|
+$884K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vanguard FTSE All-World ex-US ETF
VEU
|
+$5.15M |
| 2 |
JPMorgan BetaBuilders Europe ETF
BBEU
|
+$2.67M |
| 3 |
Crocs
CROX
|
+$1.39M |
| 4 |
Frontline
FRO
|
+$1.18M |
| 5 |
NVO
Novo Nordisk
NVO
|
+$1.04M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 13.99% |
| 2 | Financials | 11.96% |
| 3 | Healthcare | 8.78% |
| 4 | Real Estate | 5.51% |
| 5 | Consumer Discretionary | 5.34% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
126
Covenant Logistics
CVLG
$894M
| – | – |
-14,248
| Closed | -$252K |
|
127
CVS Health
CVS
$133B
| – | – |
-3,395
| Closed | -$252K |
|
128
Diodes
DIOD
$3.78B
| – | – |
-2,795
| Closed | -$259K |
|
|
129
Frontline
FRO
$8.76B
| – | – |
-71,000
| Closed | -$1.18M |
|
130
Hope Bancorp
HOPE
$1.79B
| – | – |
-21,215
| Closed | -$208K |
|
131
Hertz
HTZ
$499M
| – | – |
-14,809
| Closed | -$241K |
|
132
iHeartMedia
IHRT
$543M
| – | – |
-8,920
| Closed | -$34.8K |
|
133
Ingles Markets
IMKTA
$1.71B
| – | – |
-3,064
| Closed | -$272K |
|
134
Eli Lilly
LLY
$1.02T
| – | – |
-3,000
| Closed | -$1.03M |
|
|
MODV
135
DELISTED
ModivCare
MODV
| – | – |
-3,045
| Closed | -$256K |
|
136
Meritage Homes
MTH
$4.58B
| – | – |
-4,700
| Closed | -$274K |
|
137
National Fuel Gas
NFG
$7.82B
| – | – |
-4,851
| Closed | -$280K |
|
|
NVO
138
Novo Nordisk
NVO
$208B
| – | – |
-13,124
| Closed | -$1.04M |
|
139
Nexstar Media Group
NXST
$5.82B
| – | – |
-1,351
| Closed | -$233K |
|
140
Owens Corning
OC
$11.2B
| – | – |
-2,794
| Closed | -$268K |
|
|
ODP
141
DELISTED
ODP
ODP
| – | – |
-5,727
| Closed | -$258K |
|
142
Onto Innovation
ONTO
$12.9B
| – | – |
-2,928
| Closed | -$257K |
|
143
Ryder
R
$9.83B
| – | – |
-2,788
| Closed | -$249K |
|
144
RBB Bancorp
RBB
$448M
| – | – |
-13,458
| Closed | -$209K |
|
145
Scansource
SCSC
$1.15B
| – | – |
-9,450
| Closed | -$288K |
|
146
TD Synnex
SNX
$20.4B
| – | – |
-2,926
| Closed | -$283K |
|
147
E.W. Scripps
SSP
$257M
| – | – |
-10,176
| Closed | -$95.8K |
|
148
Stagwell
STGW
$2.07B
| – | – |
-37,647
| Closed | -$279K |
|
149
TTM Technologies
TTMI
$12B
| – | – |
-21,770
| Closed | -$294K |
|
150
Unisys
UIS
$209M
| – | – |
-55,000
| Closed | -$213K |
|
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Watershed Asset Management's Q2 2023 Portfolio in Review
As of Q2 2023, Watershed Asset Management held 156 positions worth $80.7M, down 2.1% from $82.5M the previous quarter. Its ten largest holdings account for 59% of the portfolio.
Watershed Asset Management withdrew a net $4.1M in Q2 2023, closing 40 positions and reducing 30 holdings. Its most notable exit was JPMorgan BetaBuilders Europe ETF, an estimated $2.67M position sold in full.
By sector, the portfolio is most concentrated in Technology at 14% of assets, down from 15% a quarter earlier, followed by Financials and Healthcare.
Against the trend, Watershed Asset Management opened a new position in iShares MSCI India ETF worth $4.37M.
- Watershed Asset Management's largest Q2 2023 buy was iShares MSCI India ETF: 100,000 shares worth $4.37M.
- Watershed Asset Management added most to Mercado Libre in Q2 2023, an estimated $277K increase.
- Watershed Asset Management's biggest Q2 2023 reduction was Vanguard FTSE All-World ex-US ETF, cutting an estimated $5.15M.
- Watershed Asset Management fully exited JPMorgan BetaBuilders Europe ETF in Q2 2023, selling an estimated $2.67M.
- Watershed Asset Management's ten largest holdings make up 59% of its $80.7M portfolio in Q2 2023.
- Watershed Asset Management opened 39 new positions and closed 40 in Q2 2023.
- Watershed Asset Management's portfolio value fell 2.1% quarter-over-quarter to $80.7M.
Based on Watershed Asset Management's 13F filing for Q2 2023, filed 28 Jul 2023.