We are live on
!
Find out more
WGRM
Waterton Global Resource Management Portfolio holdings
AUM
$64.9M
1-Year Est. Return
17.81%
This Fund
S&P 500
This Quarter
Est. Return
-31.54%
1 Year Est. Return
+17.81%
3 Year Est. Return
+20.98%
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$151M
AUM Growth
-$92.4M
(-38%)
Cap. Flow
-$28.9M
Cap. Flow
% of AUM
-19.11%
Top 10 Holdings %
Top 10 Hldgs %
100%
Holding
5
New
1
Increased
1
Reduced
–
Closed
3
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Freeport-McMoran
FCX
|
+$17.9M |
| 2 |
Hudbay
HBM
|
+$14.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
PVG
PRETIUM RESOURCES INC.
PVG
|
+$29.7M |
| 2 |
MAG
MAG Silver
MAG
|
+$22.1M |
| 3 |
Hecla Mining
HL
|
+$9.95M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Materials | 100% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Hudbay
HBM
$9.76B
| $135M | 88.95% |
37,289,744
+3,640,046
| +11% | +$14.8M |
|
|
2
Freeport-McMoran
FCX
$85.1B
| $16.7M | 11.05% |
+1,748,138
| New | +$17.9M |
|
|
3
Hecla Mining
HL
$9.36B
| – | – |
-5,526,856
| Closed | -$9.95M |
|
|
MAG
4
DELISTED
MAG Silver
MAG
| – | – |
-2,095,447
| Closed | -$22.1M |
|
|
PVG
5
DELISTED
PRETIUM RESOURCES INC.
PVG
| – | – |
-2,962,667
| Closed | -$29.7M |
|
Similar funds
WC
FGIM
VCM
NH
KP
IM
KM
UCIG
Waterton Global Resource Management's Q3 2019 Portfolio in Review
As of Q3 2019, Waterton Global Resource Management held 5 positions worth $151M, down 38% from $244M the previous quarter. Its ten largest holdings account for 100% of the portfolio.
Waterton Global Resource Management withdrew a net $28.9M in Q3 2019, closing 3 positions. Its most notable exit was PRETIUM RESOURCES INC., an estimated $29.7M position sold in full.
By sector, the portfolio is most concentrated in Materials at 100% of assets, unchanged from a quarter earlier.
Against the trend, Waterton Global Resource Management opened a new position in Freeport-McMoran worth $16.7M.
- Waterton Global Resource Management's largest Q3 2019 buy was Freeport-McMoran: 1,748,138 shares worth $16.7M.
- Waterton Global Resource Management added most to Hudbay in Q3 2019, an estimated $14.8M increase.
- Waterton Global Resource Management fully exited PRETIUM RESOURCES INC. in Q3 2019, selling an estimated $29.7M.
- Waterton Global Resource Management's ten largest holdings make up 100% of its $151M portfolio in Q3 2019.
- Waterton Global Resource Management opened 1 new position and closed 3 in Q3 2019.
- Waterton Global Resource Management's portfolio value fell 38% quarter-over-quarter to $151M.
Based on Waterton Global Resource Management's 13F filing for Q3 2019, filed 13 Nov 2019.