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WM
Wishbone Management Portfolio holdings
AUM
$232M
1-Year Est. Return
40.77%
This Fund
S&P 500
This Quarter
Est. Return
+10.56%
1 Year Est. Return
+40.77%
3 Year Est. Return
+58.68%
5 Year Est. Return
-5.26%
10 Year Est. Return
–
AUM
$226M
AUM Growth
-$55.8M
(-20%)
Cap. Flow
-$77.8M
Cap. Flow
% of AUM
-34.47%
Top 10 Holdings %
Top 10 Hldgs %
100%
Holding
6
New
–
Increased
–
Reduced
2
Closed
3
Top Buys
No buys this quarter
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
ARCE
Arco Platform Limited Class A Common Shares
ARCE
|
+$39.9M |
| 2 |
Elevance Health
ELV
|
+$17.1M |
| 3 |
nCino
NCNO
|
+$12M |
| 4 |
Compass
COMP
|
+$8.7M |
| 5 |
Ferguson
FERG
|
+$87.4K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Industrials | 40.58% |
| 2 | Healthcare | 31.96% |
| 3 | Financials | 27.46% |
| 4 | Consumer Staples | 0% |
| 5 | Real Estate | 0% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Ferguson
FERG
$44.2B
| $91.6M | 40.58% |
474,482
-518
| -0.1% | -$87.4K |
|
|
2
Elevance Health
ELV
$85.5B
| $72.1M | 31.96% |
153,000
-37,000
| -19% | -$17.1M |
|
3
ICICI Bank
IBN
$107B
| $62M | 27.46% |
2,600,000
| – | – |
|
|
4
Compass
COMP
$8.42B
| – | – |
-3,000,000
| Closed | -$8.7M |
|
|
5
nCino
NCNO
$2.43B
| – | – |
-377,761
| Closed | -$12M |
|
|
ARCE
6
DELISTED
Arco Platform Limited Class A Common Shares
ARCE
| – | – |
-2,895,932
| Closed | -$39.9M |
|
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Wishbone Management's Q4 2023 Portfolio in Review
As of Q4 2023, Wishbone Management held 6 positions worth $226M, down 20% from $282M the previous quarter. Its ten largest holdings account for 100% of the portfolio.
Wishbone Management withdrew a net $77.8M in Q4 2023, closing 3 positions and reducing 2 holdings. Its most notable exit was Arco Platform Limited Class A Common Shares, an estimated $39.9M position sold in full.
By sector, the portfolio is most concentrated in Industrials at 41% of assets, up from 28% a quarter earlier, followed by Healthcare and Financials.
- Wishbone Management's biggest Q4 2023 reduction was Elevance Health, cutting an estimated $17.1M.
- Wishbone Management fully exited Arco Platform Limited Class A Common Shares in Q4 2023, selling an estimated $39.9M.
- Wishbone Management's ten largest holdings make up 100% of its $226M portfolio in Q4 2023.
- Wishbone Management opened 0 new positions and closed 3 in Q4 2023.
- Wishbone Management's portfolio value fell 20% quarter-over-quarter to $226M.
Based on Wishbone Management's 13F filing for Q4 2023, filed 14 Feb 2024.