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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
+15.74%
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
$8.77B
AUM Growth
+$669M
Cap. Flow
-$451M
Cap. Flow %
-5.14%
Top 10 Hldgs %
16.6%
Holding
604
New
50
Increased
211
Reduced
305
Closed
32

Top Buys

Rank Stock Value
1
AZPN
ASPEN TECHNOLOGY INC
AZPN
+$44.9M
2
ORCL icon
Oracle
ORCL
+$42.1M
3
CDW icon
CDW
CDW
+$40.5M
4
SJM icon
J.M. Smucker
SJM
+$39.5M
5
CIEN icon
Ciena
CIEN
+$39.5M

Top Sells

Rank Stock Value
1
TTE icon
TotalEnergies
TTE
+$312M
2
PCG icon
PG&E
PCG
+$155M
3
DHI icon
D.R. Horton
DHI
+$57.3M
4
SPB icon
Spectrum Brands
SPB
+$54.3M
5
QCOM icon
Qualcomm
QCOM
+$40.5M

Sector Composition

Rank Sector Weight
1 Financials 18.6%
2 Industrials 16.45%
3 Technology 11.59%
4 Healthcare 11.46%
5 Consumer Discretionary 11.16%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
VSTO
601
DELISTED
Vista Outdoor Inc.
VSTO
– –
-508,262
Closed -$5.77M
QADA
602
DELISTED
QAD Inc.
QADA
– –
-14,564
Closed -$573K
CELG
603
DELISTED
Celgene Corp
CELG
– –
-476,377
Closed -$30.5M
GCI
604
DELISTED
Gannett Co., Inc
GCI
– –
-23,266
Closed -$198K
21 22 23 24
25

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Wedge Capital Management's Q1 2019 Portfolio in Review

As of Q1 2019, Wedge Capital Management held 604 positions worth $8.77B, up 8.3% from $8.1B the previous quarter. Its ten largest holdings account for 17% of the portfolio.

Wedge Capital Management withdrew a net $451M in Q1 2019, closing 32 positions and reducing 305 holdings. Its most notable exit was PG&E, an estimated $155M position sold in full.

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

Against the trend, Wedge Capital Management opened a new position in ASPEN TECHNOLOGY INC worth $44.9M.

  • Wedge Capital Management's largest Q1 2019 buy was ASPEN TECHNOLOGY INC: 430,480 shares worth $44.9M.
  • Wedge Capital Management added most to Ciena in Q1 2019, an estimated $39.5M increase.
  • Wedge Capital Management's biggest Q1 2019 reduction was TotalEnergies, cutting an estimated $312M.
  • Wedge Capital Management fully exited PG&E in Q1 2019, selling an estimated $155M.
  • Wedge Capital Management's ten largest holdings make up 17% of its $8.77B portfolio in Q1 2019.
  • Wedge Capital Management opened 50 new positions and closed 32 in Q1 2019.
  • Wedge Capital Management's portfolio value rose 8.3% quarter-over-quarter to $8.77B.

Based on Wedge Capital Management's 13F filing for Q1 2019, filed 2 May 2019.