We are live on
!
Find out more
WCM
Wedge Capital Management Portfolio holdings
AUM
$6.06B
1-Year Est. Return
47.24%
This Fund
S&P 500
This Quarter
Est. Return
+3.5%
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
$10.2B
AUM Growth
-$197M
(-1.9%)
Cap. Flow
-$439M
Cap. Flow
% of AUM
-4.3%
Top 10 Holdings %
Top 10 Hldgs %
16.06%
Holding
643
New
61
Increased
159
Reduced
280
Closed
67
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Evergy
EVRG
|
+$119M |
| 2 |
PG&E
PCG
|
+$119M |
| 3 |
Spectrum Brands
SPB
|
+$111M |
| 4 |
FirstEnergy
FE
|
+$85.9M |
| 5 |
OPTU
Optimum Communications Inc
OPTU
|
+$71.3M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
GXP
Great Plains Energy Incorporated
GXP
|
+$174M |
| 2 |
Pinnacle West Capital
PNW
|
+$137M |
| 3 |
Cullen/Frost Bankers
CFR
|
+$60.5M |
| 4 |
Lockheed Martin
LMT
|
+$49.6M |
| 5 |
RTN
Raytheon Company
RTN
|
+$49.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 19.69% |
| 2 | Industrials | 16.12% |
| 3 | Consumer Discretionary | 11.5% |
| 4 | Technology | 11.08% |
| 5 | Healthcare | 10.82% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
201
FNB Corp
FNB
$6.76B
| $14.9M | 0.15% |
1,111,829
-83,983
| -7% | -$1.13M |
|
202
Johnson Controls International
JCI
$87.8B
| $14.9M | 0.15% |
445,564
-5,824
| -1% | -$202K |
|
203
Quanex
NX
$818M
| $14.6M | 0.14% |
812,266
-67,572
| -8% | -$1.21M |
|
204
Gibraltar Industries
ROCK
$1.27B
| $14.5M | 0.14% |
385,680
-27,386
| -7% | -$1.02M |
|
205
Oil States International
OIS
$456M
| $14.4M | 0.14% |
449,037
-215,436
| -32% | -$7.25M |
|
206
Photronics
PLAB
$1.74B
| $14.3M | 0.14% |
1,793,639
-131,499
| -7% | -$1.09M |
|
|
SYKE
207
DELISTED
SYKES Enterprises Inc
SYKE
| $14.1M | 0.14% |
491,161
-33,934
| -6% | -$972K |
|
208
Hancock Whitney
HWC
$6.14B
| $14M | 0.14% |
300,548
-19,264
| -6% | -$977K |
|
|
SAVE
209
DELISTED
Spirit Airlines, Inc.
SAVE
| $13.7M | 0.13% |
376,954
-24,175
| -6% | -$895K |
|
210
Cabot Corp
CBT
$4.55B
| $13.6M | 0.13% |
219,805
-74,139
| -25% | -$4.39M |
|
211
Waste Management
WM
$90.9B
| $13.6M | 0.13% |
166,815
+36,180
| +28% | +$3M |
|
212
SLB Ltd
SLB
$72.6B
| $13.3M | 0.13% |
198,928
-35,908
| -15% | -$2.47M |
|
213
Progress Software
PRGS
$1.65B
| $13.3M | 0.13% |
341,645
-20,288
| -6% | -$770K |
|
|
CYS
214
DELISTED
CYS Investments Inc.
CYS
| $13.2M | 0.13% |
1,759,774
-128,356
| -7% | -$918K |
|
|
BIG
215
DELISTED
Big Lots, Inc.
BIG
| $13.1M | 0.13% |
312,823
-32,578
| -9% | -$1.37M |
|
216
Expro Ltd
XPRO
$1.71B
| $12.9M | 0.13% |
274,644
+50,693
| +23% | +$2.15M |
|
217
UnitedHealth
UNH
$383B
| $12.8M | 0.13% |
52,309
-13,736
| -21% | -$3.3M |
|
218
Deere & Co
DE
$162B
| $12.8M | 0.13% |
91,756
+15,779
| +21% | +$2.33M |
|
219
OGE Energy
OGE
$9.76B
| $12.6M | 0.12% |
358,827
-33,659
| -9% | -$1.13M |
|
220
Insight Enterprises
NSIT
$3.86B
| $12.3M | 0.12% |
252,229
-21,134
| -8% | -$909K |
|
221
Halliburton
HAL
$26.4B
| $12.3M | 0.12% |
273,465
-38,435
| -12% | -$1.91M |
|
222
Verizon
VZ
$193B
| $11.5M | 0.11% |
229,144
-16,233
| -7% | -$786K |
|
223
Duke Energy
DUK
$98.4B
| $11.3M | 0.11% |
143,117
-4,833
| -3% | -$372K |
|
224
Xcel Energy
XEL
$48.8B
| $11.3M | 0.11% |
247,120
-9,335
| -4% | -$418K |
|
225
Eversource Energy
ES
$27.8B
| $11.2M | 0.11% |
191,287
-4,693
| -2% | -$270K |
|
Similar funds
HPG
EMPI
JWBC
EAM
AA
RCG
CIS
AAM
Wedge Capital Management's Q2 2018 Portfolio in Review
As of Q2 2018, Wedge Capital Management held 643 positions worth $10.2B, down 1.9% from $10.4B the previous quarter. Its ten largest holdings account for 16% of the portfolio.
Wedge Capital Management withdrew a net $439M in Q2 2018, closing 67 positions and reducing 280 holdings. Its most notable exit was Great Plains Energy Incorporated, an estimated $174M position sold in full.
By sector, the portfolio is most concentrated in Financials at 20% of assets, down from 21% a quarter earlier, followed by Industrials and Consumer Discretionary.
Against the trend, Wedge Capital Management opened a new position in Evergy worth $124M.
- Wedge Capital Management's largest Q2 2018 buy was Evergy: 2,214,057 shares worth $124M.
- Wedge Capital Management added most to PG&E in Q2 2018, an estimated $119M increase.
- Wedge Capital Management's biggest Q2 2018 reduction was Apple, cutting an estimated $49.4M.
- Wedge Capital Management fully exited Great Plains Energy Incorporated in Q2 2018, selling an estimated $174M.
- Wedge Capital Management's ten largest holdings make up 16% of its $10.2B portfolio in Q2 2018.
- Wedge Capital Management opened 61 new positions and closed 67 in Q2 2018.
- Wedge Capital Management's portfolio value fell 1.9% quarter-over-quarter to $10.2B.
Based on Wedge Capital Management's 13F filing for Q2 2018, filed 31 Jul 2018.