We are live on
!
Find out more
WEC
White Elm Capital Portfolio holdings
AUM
$118M
1-Year Est. Return
42.18%
This Fund
S&P 500
This Quarter
Est. Return
+10.68%
1 Year Est. Return
+42.18%
3 Year Est. Return
+103.09%
5 Year Est. Return
+136.27%
10 Year Est. Return
–
AUM
$537M
AUM Growth
-$111M
(-17%)
Cap. Flow
-$166M
Cap. Flow
% of AUM
-30.97%
Top 10 Holdings %
Top 10 Hldgs %
56.81%
Holding
28
New
3
Increased
4
Reduced
17
Closed
3
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Golar LNG
GLNG
|
+$9.33M |
| 2 |
ATH
Athene Holding Ltd. Class A Common Shares
ATH
|
+$8.85M |
| 3 |
Autodesk
ADSK
|
+$7.21M |
| 4 |
Vail Resorts
MTN
|
+$6.68M |
| 5 |
Huntington Bancshares
HBAN
|
+$6.62M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
AFSI
AmTrust Financial Services, Inc.
AFSI
|
+$50.7M |
| 2 |
SBA Communications
SBAC
|
+$19.8M |
| 3 |
Charter Communications
CHTR
|
+$19.7M |
| 4 |
Booking.com
BKNG
|
+$15.3M |
| 5 |
Meta Platforms (Facebook)
META
|
+$14.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 32.56% |
| 2 | Consumer Discretionary | 20.47% |
| 3 | Technology | 14.87% |
| 4 | Communication Services | 13.3% |
| 5 | Real Estate | 6.67% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
SBA Communications
SBAC
$19B
| $35.8M | 6.67% |
297,659
-179,200
| -38% | -$19.8M |
|
|
2
Charter Communications
CHTR
$16.5B
| $35.7M | 6.65% |
109,180
-62,000
| -36% | -$19.7M |
|
3
Liberty Global Class C
LBTYK
$3.37B
| $35.7M | 6.65% |
1,019,837
-295,300
| -22% | -$10.2M |
|
4
Synchrony
SYF
$25.1B
| $32.3M | 6.02% |
943,000
-55,500
| -6% | -$1.99M |
|
5
Amazon
AMZN
$2.49T
| $32.1M | 5.98% |
724,760
-300,000
| -29% | -$12.5M |
|
6
Expedia Group
EXPE
$35B
| $31.6M | 5.88% |
250,206
-60,891
| -20% | -$7.43M |
|
7
Visa
V
$702B
| $28.5M | 5.31% |
321,200
-132,700
| -29% | -$11.4M |
|
8
Corpay
CPAY
$25.3B
| $27.8M | 5.17% |
183,569
+18,789
| +11% | +$2.95M |
|
9
Guidewire Software
GWRE
$13.2B
| $23.2M | 4.32% |
411,855
-37,400
| -8% | -$2.04M |
|
10
Citigroup
C
$222B
| $22.3M | 4.15% |
373,100
+63,000
| +20% | +$3.73M |
|
11
Mastercard
MA
$497B
| $21.5M | 4% |
190,860
-57,000
| -23% | -$6.25M |
|
12
Atlassian
TEAM
$25.9B
| $21.5M | 4% |
716,665
-112,800
| -14% | -$3.19M |
|
13
SEI Investments
SEIC
$12.4B
| $21.4M | 3.99% |
424,509
-105,400
| -20% | -$5.32M |
|
|
ATH
14
DELISTED
Athene Holding Ltd. Class A Common Shares
ATH
| $21.3M | 3.97% |
426,355
+178,355
| +72% | +$8.85M |
|
|
15
Booking.com
BKNG
$153B
| $21.3M | 3.96% |
298,725
-232,500
| -44% | -$15.3M |
|
16
TransDigm Group
TDG
$73.3B
| $20.2M | 3.75% |
91,561
-30,300
| -25% | -$7.23M |
|
17
Veeva Systems
VEEV
$32.9B
| $17.9M | 3.33% |
349,400
| – | – |
|
18
Carter's
CRI
$1.45B
| $17.8M | 3.31% |
198,099
-38,100
| -16% | -$3.28M |
|
|
19
Huntington Bancshares
HBAN
$34.8B
| $13.9M | 2.58% |
1,034,700
+484,500
| +88% | +$6.62M |
|
20
PayPal
PYPL
$51.7B
| $13.7M | 2.55% |
318,300
-37,000
| -10% | -$1.55M |
|
|
UNVR
21
DELISTED
Univar Solutions Inc.
UNVR
| $10.1M | 1.88% |
329,032
-171,000
| -34% | -$5.14M |
|
|
22
Golar LNG
GLNG
$4.96B
| $9.75M | 1.81% |
+349,100
| New | +$9.33M |
|
|
23
Autodesk
ADSK
$50.7B
| $7.45M | 1.39% |
+86,100
| New | +$7.21M |
|
|
24
Vail Resorts
MTN
$5.47B
| $7.24M | 1.35% |
+37,700
| New | +$6.68M |
|
25
Verisk Analytics
VRSK
$28.2B
| $7.2M | 1.34% |
88,757
-84,514
| -49% | -$6.94M |
|
Similar funds
BI
AC
MFCM
AC
BCFA
CCIM
WCM
KL
White Elm Capital's Q1 2017 Portfolio in Review
As of Q1 2017, White Elm Capital held 28 positions worth $537M, down 17% from $648M the previous quarter. Its ten largest holdings account for 57% of the portfolio.
White Elm Capital withdrew a net $166M in Q1 2017, closing 3 positions and reducing 17 holdings. Its most notable exit was AmTrust Financial Services, Inc., an estimated $50.7M position sold in full.
By sector, the portfolio is most concentrated in Financials at 33% of assets, up from 27% a quarter earlier, followed by Consumer Discretionary and Technology.
Against the trend, White Elm Capital opened a new position in Golar LNG worth $9.75M.
- White Elm Capital's largest Q1 2017 buy was Golar LNG: 349,100 shares worth $9.75M.
- White Elm Capital added most to Athene Holding Ltd. Class A Common Shares in Q1 2017, an estimated $8.85M increase.
- White Elm Capital's biggest Q1 2017 reduction was SBA Communications, cutting an estimated $19.8M.
- White Elm Capital fully exited AmTrust Financial Services, Inc. in Q1 2017, selling an estimated $50.7M.
- White Elm Capital's ten largest holdings make up 57% of its $537M portfolio in Q1 2017.
- White Elm Capital opened 3 new positions and closed 3 in Q1 2017.
- White Elm Capital's portfolio value fell 17% quarter-over-quarter to $537M.
Based on White Elm Capital's 13F filing for Q1 2017, filed 15 May 2017.