Wolverine Asset Management Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
SRE.PRA
Sempra Energy 6% Mandatory Convertible Preferred Stock, Series A
SRE.PRA
|
+$68.2M |
| 2 |
CFXA
Colfax Corporation 5.75% Tangible Equity Units
CFXA
|
+$29.9M |
| 3 |
Rithm Capital
RITM
|
+$29M |
| 4 |
TWO
Two Harbors Investment
TWO
|
+$26.6M |
| 5 |
FTV.PRA
Fortive Corporation 5.00% Mandatory Convertible Preferred Stock, Series A
FTV.PRA
|
+$18.5M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$122M |
| 2 |
iShares Russell 2000 ETF
IWM
|
+$105M |
| 3 |
State Street Consumer Staples Select Sector SPDR ETF
XLP
|
+$32.1M |
| 4 |
Amazon
AMZN
|
+$20.4M |
| 5 |
VRTSP
Virtus Investment Partners, Inc. 7.25% Series D Mandatory Convertible Preferred Stock
VRTSP
|
+$17.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Real Estate | 2.78% |
| 2 | Industrials | 1.6% |
| 3 | Technology | 1.51% |
| 4 | Financials | 1.35% |
| 5 | Consumer Discretionary | 1.06% |
Similar funds
Wolverine Asset Management's Q1 2020 Portfolio in Review
As of Q1 2020, Wolverine Asset Management held 1,881 positions worth $6.89B, down 20% from $8.61B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Wolverine Asset Management withdrew a net $3.76B in Q1 2020, closing 439 positions and reducing 337 holdings. Its most notable exit was State Street SPDR S&P 500 ETF Trust, an estimated $122M position sold in full.
By sector, the portfolio is most concentrated in Real Estate at 2.8% of assets, up from 2.7% a quarter earlier, followed by Industrials and Technology.
Against the trend, Wolverine Asset Management opened a new position in Two Harbors Investment worth $7.92M.
- Wolverine Asset Management's largest Q1 2020 buy was Two Harbors Investment: 519,859 shares worth $7.92M.
- Wolverine Asset Management added most to Sempra Energy 6% Mandatory Convertible Preferred Stock, Series A in Q1 2020, an estimated $68.2M increase.
- Wolverine Asset Management's biggest Q1 2020 reduction was iShares 20+ Year Treasury Bond ETF, cutting an estimated $14.9M.
- Wolverine Asset Management fully exited State Street SPDR S&P 500 ETF Trust in Q1 2020, selling an estimated $122M.
- Wolverine Asset Management's ten largest holdings make up 23% of its $6.89B portfolio in Q1 2020.
- Wolverine Asset Management opened 522 new positions and closed 439 in Q1 2020.
- Wolverine Asset Management's portfolio value fell 20% quarter-over-quarter to $6.89B.
Based on Wolverine Asset Management's 13F filing for Q1 2020, filed 13 May 2020.