WAM

Watershed Asset Management Portfolio holdings

AUM $85.7M
This Quarter Return
-1.4%
1 Year Return
+17.84%
3 Year Return
–
5 Year Return
–
10 Year Return
–
AUM
$92.5M
AUM Growth
+$92.5M
Cap. Flow
-$26.5M
Cap. Flow %
-28.65%
Top 10 Hldgs %
82.14%
Holding
29
New
2
Increased
5
Reduced
4
Closed
9

Top Buys

1
GRA
W.R. Grace & Co.
GRA
$7.09M
2
KEG
KEY ENERGY SERVICES INC
KEG
$4.36M
3
OUT icon
Outfront Media
OUT
$3.16M
4
VER
VEREIT, Inc.
VER
$3.08M
5
NPO icon
Enpro
NPO
$749K

Top Sells

1
GPK icon
Graphic Packaging
GPK
$8.34M
2
I.PRA
INTELSAT S A MANDATORY CONV JR NON VTG PFD SHS (LUX)
I.PRA
$8M
3
TROX icon
Tronox
TROX
$7.5M
4
HOUS icon
Anywhere Real Estate
HOUS
$5.84M
5
RBS.PRS.CL
The Royal Bank Of Scotland Group
RBS.PRS.CL
$3.72M

Sector Composition

1 Industrials 21.5%
2 Financials 13.86%
3 Energy 9.14%
4 Consumer Discretionary 7.66%
5 Real Estate 6.23%
Name Market Value Portfolio Weight Shares or Principal Shares
Change % 		Capital Flow
VER
1
DELISTED
VEREIT, Inc.
VER
$17.4M 3.69%
1,438,715
+255,580
+22% +$3.08M
EAC
2
DELISTED
Erickson Incorporated
EAC
$8.19M 1.74%
630,385
-63,165
-9% -$821K
APC
3
DELISTED
Anadarko Petroleum
APC
$8.03M 1.71%
79,199
+1,699
+2% +$172K
GRA
4
DELISTED
W.R. Grace & Co.
GRA
$7.09M 1.51%
+77,987
New +$7.09M
NPO icon
5
Enpro
NPO
$4.57B
$6.94M 1.47%
114,621
+12,381
+12% +$749K
CUBI icon
6
Customers Bancorp
CUBI
$2.27B
$6.41M 1.36%
356,820
+2,021
+0.6% +$36.3K
AIG icon
7
American International
AIG
$45.1B
$5.98M 1.27%
110,771
-7,829
-7% -$423K
OUT icon
8
Outfront Media
OUT
$3.12B
$5.76M 1.22%
192,420
+105,424
+121% +$3.16M
NTK
9
DELISTED
NORTEK INC COM NEW (DE)
NTK
$5.48M 1.16%
73,569
– –
PGEM
10
DELISTED
Ply Gem Holdings, Inc.
PGEM
$4.77M 1.01%
440,373
-126,034
-22% -$1.37M
KEG
11
DELISTED
KEY ENERGY SERVICES INC
KEG
$4.36M 0.93%
+900,921
New +$4.36M
ANDV
12
DELISTED
Andeavor
ANDV
$4.09M 0.87%
67,138
-9,386
-12% -$572K
CCO icon
13
Clear Channel Outdoor Holdings
CCO
$616M
$2.97M 0.63%
441,193
– –
NMIH icon
14
NMI Holdings
NMIH
$3.05B
$433K 0.09%
50,000
– –
CLW icon
15
Clearwater Paper
CLW
$347M
– –
-42,006
Closed -$2.59M
GPK icon
16
Graphic Packaging
GPK
$6.6B
– –
-713,122
Closed -$8.34M
HOUS icon
17
Anywhere Real Estate
HOUS
$684M
– –
-154,768
Closed -$5.84M
HYG icon
18
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$17.8B
– –
0
– –
IWM icon
19
iShares Russell 2000 ETF
IWM
$67B
– –
0
– –
IYR icon
20
iShares US Real Estate ETF
IYR
$3.76B
– –
0
– –
LBTYA icon
21
Liberty Global Class A
LBTYA
$4B
– –
-51,000
Closed -$2.26M
LBTYK icon
22
Liberty Global Class C
LBTYK
$4.07B
– –
-65,000
Closed -$2.75M
SPY icon
23
SPDR S&P 500 ETF Trust
SPY
$658B
– –
0
– –
TROX icon
24
Tronox
TROX
$678M
– –
-278,960
Closed -$7.5M
MTOR
25
DELISTED
MERITOR, Inc.
MTOR
– –
0
– –
1
2