White Elm Capital Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
ONIT
Onity Group
ONIT
|
+$52.9M |
| 2 |
DISCK
Discovery, Inc. Series C Common Stock
DISCK
|
+$37.5M |
| 3 |
Altisource Portfolio Solutions
ASPS
|
+$32M |
| 4 |
ZNGA
ZYNGA INC. CL A COMMON
ZNGA
|
+$28.7M |
| 5 |
P
Pandora Media Inc
P
|
+$24.6M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
SAP
SAP
|
+$50.7M |
| 2 |
SiriusXM
SIRI
|
+$36.1M |
| 3 |
ASML
ASML
|
+$34.9M |
| 4 |
TransDigm Group
TDG
|
+$17.5M |
| 5 |
Golar LNG
GLNG
|
+$15.3M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Real Estate | 24.6% |
| 2 | Communication Services | 18.94% |
| 3 | Financials | 14.42% |
| 4 | Consumer Discretionary | 13.8% |
| 5 | Technology | 12.16% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
HSNI
26
DELISTED
HSN, Inc.
HSNI
| $14.6M | 1.27% |
+245,200
| New | +$14.2M |
|
27
Liberty Global Class A
LBTYA
$3.49B
| $11M | 0.95% |
321,029
-233,731
| -42% | -$8.22M |
|
28
FirstCash
FCFS
$9.06B
| $10.9M | 0.94% |
215,851
| – | – |
|
|
29
ASML
ASML
$608B
| – | – |
-371,982
| Closed | -$34.9M |
|
|
30
SAP
SAP
$209B
| – | – |
-581,967
| Closed | -$50.7M |
|
|
31
SiriusXM
SIRI
$10.7B
| – | – |
-1,033,260
| Closed | -$36.1M |
|
32
VeriSign
VRSN
$25.4B
| – | – |
-227,100
| Closed | -$13.6M |
|
Similar funds
White Elm Capital's Q1 2014 Portfolio in Review
As of Q1 2014, White Elm Capital held 32 positions worth $1.16B, up 4.6% from $1.1B the previous quarter. Its ten largest holdings account for 59% of the portfolio.
White Elm Capital deployed $90.6M of net new capital in Q1 2014, opening 5 new positions and adding to 10 existing holdings. Its largest new stake was Discovery, Inc. Series C Common Stock: 981,986 shares worth $37.8M.
By sector, the portfolio is most concentrated in Real Estate at 25% of assets, up from 23% a quarter earlier, followed by Communication Services and Financials.
On the sell side, the largest reduction was TransDigm Group, an estimated $17.5M trimmed.
- White Elm Capital's largest Q1 2014 buy was Discovery, Inc. Series C Common Stock: 981,986 shares worth $37.8M.
- White Elm Capital added most to Onity Group in Q1 2014, an estimated $52.9M increase.
- White Elm Capital's biggest Q1 2014 reduction was TransDigm Group, cutting an estimated $17.5M.
- White Elm Capital fully exited SAP in Q1 2014, selling an estimated $50.7M.
- White Elm Capital's ten largest holdings make up 59% of its $1.16B portfolio in Q1 2014.
- White Elm Capital opened 5 new positions and closed 4 in Q1 2014.
- White Elm Capital's portfolio value rose 4.6% quarter-over-quarter to $1.16B.
Based on White Elm Capital's 13F filing for Q1 2014, filed 15 May 2014.