Wolverine Asset Management Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$51.4M |
| 2 |
Invesco QQQ Trust
QQQ
|
+$26M |
| 3 |
Herbalife
HLF
|
+$10.6M |
| 4 |
VXX
iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019
VXX
|
+$9.21M |
| 5 |
State Street SPDR S&P Regional Banking ETF
KRE
|
+$8.92M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$127M |
| 2 |
McDonald's
MCD
|
+$74.1M |
| 3 |
Citigroup
C
|
+$43.8M |
| 4 |
Goldman Sachs
GS
|
+$43.2M |
| 5 |
ExxonMobil
XOM
|
+$40.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Industrials | 2.76% |
| 2 | Energy | 2.32% |
| 3 | Technology | 1.42% |
| 4 | Financials | 1.38% |
| 5 | Consumer Discretionary | 1.26% |
Similar funds
Wolverine Asset Management's Q1 2016 Portfolio in Review
As of Q1 2016, Wolverine Asset Management held 1,946 positions worth $3.52B, down 24% from $4.64B the previous quarter. Its ten largest holdings account for 19% of the portfolio.
Wolverine Asset Management withdrew a net $3.01B in Q1 2016, closing 739 positions and reducing 454 holdings. Its most notable exit was Apple, an estimated $127M position sold in full.
By sector, the portfolio is most concentrated in Industrials at 2.8% of assets, down from 3.2% a quarter earlier, followed by Energy and Technology.
Against the trend, Wolverine Asset Management opened a new position in State Street SPDR S&P 500 ETF Trust worth $54.1M.
- Wolverine Asset Management's largest Q1 2016 buy was State Street SPDR S&P 500 ETF Trust: 263,423 shares worth $54.1M.
- Wolverine Asset Management added most to Invesco QQQ Trust in Q1 2016, an estimated $26M increase.
- Wolverine Asset Management's biggest Q1 2016 reduction was Citigroup, cutting an estimated $43.8M.
- Wolverine Asset Management fully exited Apple in Q1 2016, selling an estimated $127M.
- Wolverine Asset Management's ten largest holdings make up 19% of its $3.52B portfolio in Q1 2016.
- Wolverine Asset Management opened 267 new positions and closed 739 in Q1 2016.
- Wolverine Asset Management's portfolio value fell 24% quarter-over-quarter to $3.52B.
Based on Wolverine Asset Management's 13F filing for Q1 2016, filed 16 May 2016.