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WCM

Wedge Capital Management Portfolio holdings

AUM $6.06B
1-Year Est. Return 47.24%
This Fund
S&P 500
This Quarter Est. Return
+3.24%
1 Year Est. Return
+47.24%
3 Year Est. Return
+138.72%
5 Year Est. Return
+177.67%
10 Year Est. Return
+528.98%
AUM
$8.74B
AUM Growth
-$33.9M
Cap. Flow
-$269M
Cap. Flow %
-3.08%
Top 10 Hldgs %
15.82%
Holding
664
New
92
Increased
152
Reduced
351
Closed
62

Top Buys

Rank Stock Value
1
CNDT icon
Conduent
CNDT
+$76.1M
2
CMCSA icon
Comcast
CMCSA
+$43.4M
3
TER icon
Teradyne
TER
+$41.9M
4
ACN icon
Accenture
ACN
+$41.9M
5
CERN
Cerner Corp
CERN
+$40.1M

Top Sells

Rank Stock Value
1
TSS
Total System Services, Inc.
TSS
+$43.9M
2
WCG
Wellcare Health Plans, Inc.
WCG
+$43.4M
3
APH icon
Amphenol
APH
+$41.9M
4
UTHR icon
United Therapeutics
UTHR
+$39.3M
5
INTC icon
Intel
INTC
+$38.7M

Sector Composition

Rank Sector Weight
1 Financials 19.68%
2 Industrials 14.93%
3 Technology 12.68%
4 Consumer Discretionary 11.59%
5 Healthcare 11.05%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
EQT icon
26
EQT Corp
EQT
$32.3B
$72.3M 0.83%
4,572,898
-167,056
-4% -$3.21M
TNL icon
27
Travel + Leisure Co
TNL
$4.81B
$68.1M 0.78%
1,550,580
-216,390
-12% -$9.22M
CNDT icon
28
Conduent
CNDT
$251M
$67.5M 0.77%
+7,035,186
New +$76.1M
EVRG icon
29
Evergy
EVRG
$19.7B
$66.6M 0.76%
1,107,071
-9,406
-0.8% -$550K
PNFP icon
30
Pinnacle Financial Partners Inc
PNFP
$15.9B
$62.7M 0.72%
1,091,158
-47,670
-4% -$2.68M
EMN icon
31
Eastman Chemical
EMN
$7.79B
$61.2M 0.7%
785,782
-4,618
-0.6% -$351K
QVCGA
32
DELISTED
QVC Group Inc Series A
QVCGA
$60.2M 0.69%
100,035
+36,741
+58% +$26.2M
ALK icon
33
Alaska Air
ALK
$5.42B
$59.2M 0.68%
926,350
+39,288
+4% +$2.39M
MGP
34
DELISTED
MGM Growth Properties LLC Class A common shares representing limited liability company interests
MGP
$59.1M 0.68%
1,927,777
-75,430
-4% -$2.39M
BFH icon
35
Bread Financial
BFH
$4.36B
$58.7M 0.67%
524,585
+20,216
+4% +$2.44M
MFA
36
MFA Financial
MFA
$935M
$53.2M 0.61%
1,853,939
-76,075
-4% -$2.22M
VAC icon
37
Marriott Vacations Worldwide
VAC
$3.52B
$52.2M 0.6%
541,596
+175,785
+48% +$17.3M
FITB
38
Fifth Third Bancorp
FITB
$52.4B
$51.4M 0.59%
1,842,926
-104,332
-5% -$2.86M
CDW icon
39
CDW
CDW
$18.4B
$48.7M 0.56%
439,071
-14,249
-3% -$1.49M
LMT icon
40
Lockheed Martin
LMT
$134B
$48M 0.55%
131,952
-7,296
-5% -$2.44M
ORCL icon
41
Oracle
ORCL
$346B
$47.9M 0.55%
841,491
+15,977
+2% +$865K
ANET icon
42
Arista Networks
ANET
$214B
$47.5M 0.54%
2,926,096
+855,984
+41% +$14.8M
ANSS
43
DELISTED
Ansys
ANSS
$47.3M 0.54%
231,156
-3,712
-2% -$707K
KLAC icon
44
KLA
KLAC
$249B
$47.1M 0.54%
3,985,520
+600,370
+18% +$6.94M
PAYC icon
45
Paycom
PAYC
$7.54B
$47M 0.54%
207,457
-27,321
-12% -$5.61M
MSI icon
46
Motorola Solutions
MSI
$73.1B
$47M 0.54%
282,017
-16,976
-6% -$2.56M
MSFT icon
47
Microsoft
MSFT
$2.92T
$46.9M 0.54%
350,093
-31,611
-8% -$4.01M
AZPN
48
DELISTED
ASPEN TECHNOLOGY INC
AZPN
$46.6M 0.53%
375,148
-55,332
-13% -$6.88M
AGN
49
DELISTED
Allergan plc
AGN
$46M 0.53%
274,939
-185
-0.1% -$25.6K
GPN icon
50
Global Payments
GPN
$23.9B
$46M 0.53%
287,298
-34,764
-11% -$5.17M
1
2
3 4 5

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EAM
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Wedge Capital Management's Q2 2019 Portfolio in Review

As of Q2 2019, Wedge Capital Management held 664 positions worth $8.74B, down 0.39% from $8.77B the previous quarter. Its ten largest holdings account for 16% of the portfolio.

Wedge Capital Management withdrew a net $269M in Q2 2019, closing 62 positions and reducing 351 holdings. Its most notable exit was Total System Services, Inc., an estimated $43.9M position sold in full.

By sector, the portfolio is most concentrated in Financials at 20% of assets, up from 19% a quarter earlier, followed by Industrials and Technology.

Against the trend, Wedge Capital Management opened a new position in Conduent worth $67.5M.

  • Wedge Capital Management's largest Q2 2019 buy was Conduent: 7,035,186 shares worth $67.5M.
  • Wedge Capital Management added most to Comcast in Q2 2019, an estimated $43.4M increase.
  • Wedge Capital Management's biggest Q2 2019 reduction was Intel, cutting an estimated $38.7M.
  • Wedge Capital Management fully exited Total System Services, Inc. in Q2 2019, selling an estimated $43.9M.
  • Wedge Capital Management's ten largest holdings make up 16% of its $8.74B portfolio in Q2 2019.
  • Wedge Capital Management opened 92 new positions and closed 62 in Q2 2019.
  • Wedge Capital Management's portfolio value fell 0.39% quarter-over-quarter to $8.74B.

Based on Wedge Capital Management's 13F filing for Q2 2019, filed 1 Aug 2019.