WhaleCreep

Montanova Capital, LLC 13F holdings, Q2 2015

Hedge fundSEC filingsCompare with another fundHoldings as of 2015-06-30, filed 2015-08-14

Montanova Capital, LLC disclosed 31 US equity positions worth $2.1bn in its Q2 2015 13F filing. Its largest position is ALLERGAN PLC at 7.1% of the reported book, followed by APD and LNG. Versus Q1 2015 it opened 13 new positions, added to 14, reduced 4 and exited 9.

$2.1bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
31
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
7.1%
Largest position
The largest single position as a share of the reported equity book.
56.4%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
23
Effective positions
1 / HHI of portfolio weights: the number of equal-weight positions the book behaves like.
51
Quarters on file since Q4 2013
Quarters for which this manager's 13F holdings are on record.

Holdings

Against Q1 2015: 13 new, 14 added, 4 reduced, 9 exited

31 rows
ALLERGAN PLC no ticker–7.1%$146m480,241–new
APD AIR PRODUCTS AND CHEMICALS IBasic Materials6.6%$135m985,900+28%added
LNG CHENIERE ENERGY INCEnergy6.6%$135m1.95m+32%added
LIBERTY GLOBAL PLC no ticker–5.9%$121m2.57m+25%added
TIME WARNER CABLE INC no ticker–5.5%$114m639,500–new
PPG PPG INDS INCBasic Materials5.3%$108m941,100+158%added
ARMK ARAMARKIndustrials5.1%$104m3.37m+4.9%added
ADBE ADOBE INCTechnology5.0%$102m1.26m+10%added
KRAFT FOODS GROUP INC no ticker–5.0%$102m1.20m+53%added
STZ CONSTELLATION BRANDS INCConsumer Defensive4.4%$90.8m783,018+17%added
NEE NEXTERA ENERGY INCUtilities4.1%$84.5m862,302−16%reduced
NXPI NXP SEMICONDUCTORS N VTechnology3.9%$80.5m819,989+33%added
FLT1EUR FLEETCOR TECHNOLOGIES INC–3.7%$75.0m480,400+22%added
VALEANT PHARMACEUTICALS INTL no ticker–3.5%$71.2m320,350+5.1%added
QSR RESTAURANT BRANDS INTL INCConsumer Cyclical3.4%$70.8m1.85m–new
99803EUR LABORATORY CORP AMER HLDGS–3.4%$69.5m573,200+141%added
AAPL APPLE INCTechnology2.7%$55.1m439,351–new
RCL ROYAL CARIBBEAN CRUISES LTDConsumer Cyclical2.2%$44.6m566,342–new
CIGNA CORPORATION no ticker–2.1%$43.4m267,800–new
MDT Medtronic PlcHealthcare1.9%$38.5m519,100−41%reduced
ST JUDE MED INC no ticker–1.7%$34.8m476,700–new
PRICELINE GRP INC no ticker–1.7%$34.5m30,006−25%reduced
AETNA INC NEW no ticker–1.7%$34.2m268,400–new
SJM SMUCKER J M COConsumer Defensive1.6%$33.1m305,100–new
FIVE FIVE BELOW INCConsumer Cyclical1.3%$26.1m660,500+27%added
MSTR STRATEGY INCTechnology1.3%$25.8m151,700−6.0%reduced
HMHCUSD HOUGHTON MIFFLIN HARCOURT CO–1.1%$22.3m886,200–new
EXPE EXPEDIA GROUP INCConsumer Cyclical0.8%$17.2m157,300–new
PLAINS GP HLDGS L P no ticker–0.8%$16.9m653,446–new
A AGILENT TECHNOLOGIES INCHealthcare0.8%$16.7m433,800–new
ET ENERGY TRANSFER LPEnergy0.07%$1.5m23,100+50%added

Exited since Q1 2015

9 rows
ACTAVIS PLC no ticker7.2%$117m
SHIRE PLC no ticker3.8%$61.8m
MCD MCDONALDS CORP3.7%$60.7m
AAP ADVANCE AUTO PARTS INC2.6%$42.6m
CDK CDK GLOBAL INC2.6%$42.4m
CHARTER COMMUNICATIONS INC D no ticker1.9%$31.4m
TEVA TEVA PHARMACEUTICAL INDS LTD1.6%$25.3m
STARWOOD HOTELS&RESORTS WRLD no ticker1.4%$22.7m
BXUSD BLACKSTONE GROUP L P0.05%$797k

Sector mix

  • Unclassified43.1%
  • Technology12.8%
  • Basic Materials11.8%
  • Consumer Cyclical7.7%
  • Energy6.6%
  • Consumer Defensive6.0%
  • Industrials5.1%
  • Utilities4.1%
  • Healthcare2.7%

Book over time

Every quarter on file (51)
QuarterPositionsEquity book
Q2 202695$4.8bn
Q1 202688$3.7bn
Q4 202590$4.0bn
Q3 202590$3.3bn
Q2 202595$2.7bn
Q1 202599$2.5bn
Q4 202494$2.7bn
Q3 202496$2.8bn
Q2 202497$2.5bn
Q1 202499$2.4bn
Q4 202387$2.2bn
Q3 202387$1.9bn
Q2 2023100$1.9bn
Q1 202392$2.1bn
Q4 202289$2.4bn
Q3 202272$2.4bn
Q2 202289$2.6bn
Q1 202287$3.3bn
Q4 202194$5.2bn
Q3 2021105$5.9bn
Q2 2021121$6.7bn
Q1 2021105$6.7bn
Q4 2020106$7.0bn
Q3 202092$5.5bn
Q2 202079$4.7bn
Q1 202064$3.7bn
Q4 201937$4.3bn
Q3 201938$3.7bn
Q2 201939$4.0bn
Q1 201934$2.8bn
Q4 201819$1.3bn
Q3 201821$4.3bn
Q2 201819$3.7bn
Q1 201818$3.9bn
Q4 201728$4.2bn
Q3 201716$3.4bn
Q2 201719$3.2bn
Q1 201736$3.1bn
Q4 201639$2.9bn
Q3 201626$2.6bn
Q2 201622$2.2bn
Q1 201620$2.5bn
Q4 201522$1.9bn
Q3 201515$831m
Q2 201531$2.1bn
Q1 201527$1.6bn
Q4 201426$1.4bn
Q3 201428$1.1bn
Q2 201432$1.1bn
Q1 201429$831m
Q4 201334$746m

Where Montanova Capital, LLC was early

71 rows
APD AIR PRODS & CHEMS INCQ1 20149 of 1694.8%7.7%8Exited by Q1 2021+148%
NEE NEXTERA ENERGY INCQ2 20145 of 1824.9%6.5%5Exited by Q3 2015−4.3%
ASH ASHLAND INC NEWQ2 201412 of 1291.3%2.2%2Exited by Q4 2014−4.3%
PEP PEPSICO INCQ2 201414 of 1392.6%2.7%2Exited by Q4 2014+4.2%
PPG PPG INDS INCQ3 20142 of 1381.9%5.3%6Exited by Q1 2017−3.7%
MDT MEDTRONIC PLCQ3 201410 of 1733.1%4.2%26Exited by Q2 2026+40%
CDK CDK GLOBAL INCQ4 20145 of 1393.7%3.7%2Exited by Q2 2015+15%
MSTR MICROSTRATEGY INCQ4 20145 of 1431.3%1.7%3Exited by Q3 2015+4.7%
FIVE FIVE BELOW INCQ1 20153 of 1741.1%2.6%10Exited by Q3 2024+206%
ARMK ARAMARKQ1 20156 of 1776.2%7.6%9Exited by Q4 2019+38%
NXPI NXP SEMICONDUCTORS N VQ1 201516 of 2283.8%3.9%5Exited by Q4 2021+95%
QSR RESTAURANT BRANDS INTL INCQ2 201513 of 1763.4%11.1%18Exited by Q4 2019+86%
PFE PFIZER INCQ3 201516 of 2082.4%7.6%7Exited by Q1 2024−3.4%
GOOG ALPHABET INCQ4 201521 of 3505.0%9.3%12Held at last filing, Q2 2026+831%
NWL NEWELL BRANDS INCQ2 201614 of 1565.2%5.2%2Exited by Q4 2016+8.4%
CHTR CHARTER COMMUNICATIONS INC NQ2 201615 of 26912.4%12.4%10Exited by Q1 2021+189%
USFD US FOODS HLDG CORPQ3 20167 of 1831.0%1.9%6Held at last filing, Q2 2026+333%
OPLN KAR AUCTION SVCS INCQ4 201613 of 1320.9%1.8%5Exited by Q1 2018+19%
CRM SALESFORCE INCQ4 201618 of 3031.4%17.1%17Exited by Q1 2026+287%
UNH UNITEDHEALTH GROUP INCQ4 201626 of 2991.7%5.7%31Held at last filing, Q2 2026+160%
CPRT COPART INCQ1 201712 of 1780.4%2.9%15Exited by Q1 2022+390%
FMC F M C CORPQ1 201712 of 1572.3%7.0%7Exited by Q4 2018+25%
MAR MARRIOTT INTL INC NEWQ2 201711 of 1823.2%3.2%7Exited by Q4 2022+40%
NSC NORFOLK SOUTHERN CORPQ4 201721 of 2052.3%2.5%6Exited by Q3 2020+21%
DE DEERE & COQ1 201815 of 1852.0%4.8%5Exited by Q2 2020−11%
BA BOEING COQ1 201819 of 2215.9%6.9%6Exited by Q1 2025−46%
PBF PBF ENERGY INCQ2 201812 of 1531.1%1.7%2Exited by Q4 2018+19%
BSX BOSTON SCIENTIFIC CORPQ3 201814 of 1932.1%6.1%23Held at last filing, Q2 2026+11%
IQV IQVIA HLDGS INCQ4 201812 of 2079.2%9.2%30Held at last filing, Q2 2026+66%
KBR KBR INCQ2 20197 of 1511.9%2.2%11Exited by Q1 2022+91%
KMB KIMBERLY CLARK CORPQ2 20198 of 1302.4%4.2%2Exited by Q4 2019+6.6%
IR INGERSOLL-RAND PLCQ2 201914 of 1312.4%2.4%2Exited by Q1 2020+6.0%
LMT LOCKHEED MARTIN CORPQ2 201916 of 1785.8%5.8%2Exited by Q4 2019+7.3%
LHX L3HARRIS TECHNOLOGIES INCQ3 20192 of 1604.4%4.4%4Exited by Q3 2020−19%
NVST ENVISTA HLDGS CORPQ3 20195 of 1370.2%1.1%2Exited by Q1 2020+6.3%
FICO FAIR ISAAC CORPQ3 201913 of 1860.5%1.1%2Exited by Q1 2020+23%
LYFT LYFT INCQ3 201917 of 2581.2%1.8%5Exited by Q2 2021+55%
SPCE VIRGIN GALACTIC HOLDINGS INCQ4 20191 of 981.5%1.5%2Exited by Q2 2020+28%
GFL GFL ENVIRONMENTAL INCQ1 20202 of 1201.2%3.4%13Exited by Q3 2023+158%
STRO SUTRO BIOPHARMA INCQ1 20207 of 820.02%1.9%23Exited by Q4 2025−91%
4XC1 KALVISTA PHARMACEUTICALS INCQ1 20209 of 910.02%2.6%25Exited by Q2 2026+163%
INSM INSMED INCQ1 202012 of 1800.03%6.9%23Exited by Q1 2026+986%
RPRX ROYALTY PHARMA PLCQ2 20202 of 1242.2%6.0%18Exited by Q4 2024−42%
OTIS OTIS WORLDWIDE CORPQ2 20206 of 1473.2%4.3%11Exited by Q1 2023+38%
APH AMPHENOL CORPQ2 20209 of 1861.5%1.8%3Held at last filing, Q2 2026+636%
MRNS* MARINUS PHARMACEUTICALS INCQ3 20207 of 680.2%2.7%17Exited by Q4 2024–
GH GUARDANT HEALTH INCQ3 202014 of 1820.9%1.3%3Exited by Q2 2021+37%
OPEN OPENDOOR TECHNOLOGIES INCQ4 20202 of 1452.5%3.3%5Exited by Q1 2022−36%
290A CHINOOK THERAPEUTICS INCQ4 20206 of 770.1%3.6%11Exited by Q3 2023+142%
PWR QUANTA SVCS INCQ4 202016 of 1790.9%2.7%5Exited by Q1 2022+59%

Concentration and tenure

7.7%
Median largest position, all quarters
The largest single position as a share of the reported equity book.
47.6%
Median top 10 weight, all quarters
The ten largest positions together, as a share of the reported equity book.
Concentrated
Style, by median largest position
2
Median completed holding, quarters