WhaleCreep

Montanova Capital, LLC 13F holdings, Q1 2017

Hedge fundSEC filingsCompare with another fundHoldings as of 2017-03-31, filed 2017-05-15

Montanova Capital, LLC disclosed 36 US equity positions worth $3.1bn in its Q1 2017 13F filing. Its largest position is ADBE at 11.3% of the reported book, followed by GOOG and CHTR. Versus Q4 2016 it opened 16 new positions, added to 13, reduced 7 and exited 19.

$3.1bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
36
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
11.3%
Largest position
The largest single position as a share of the reported equity book.
62.1%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
19
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 Q4 2016: 16 new, 13 added, 7 reduced, 19 exited

36 rows
ADBE ADOBE INCTechnology11.3%$348m2.68m+3.0%added
GOOG ALPHABET INCCommunication Services9.3%$288m347,590–new
CHTR CHARTER COMMUNICATIONS INCCommunication Services7.9%$244m745,481−30%reduced
STZ CONSTELLATION BRANDS INCConsumer Defensive6.9%$212m1.31m−14%reduced
QSR RESTAURANT BRANDS INTL INCConsumer Cyclical6.6%$204m3.67m+2.5%added
MPC Marathon Petroleum CorpEnergy5.5%$172m3.39m+59%added
DIS DISNEY WALT COCommunication Services4.5%$141m1.24m+67%added
CMCSA COMCAST CORP NEWCommunication Services4.2%$130m3.47m+128%added
JD JD.COM INCConsumer Cyclical3.0%$94.0m3.02m+63%added
MHK MOHAWK INDS INCConsumer Cyclical2.8%$86.6m377,361+13%added
ORLY OREILLY AUTOMOTIVE INCConsumer Cyclical2.7%$84.3m312,280–new
AZO AUTOZONE INCConsumer Cyclical2.6%$80.8m111,690+32%added
HD HOME DEPOT INCConsumer Cyclical2.6%$80.7m549,400−7.9%reduced
FMC FMC CORPBasic Materials2.3%$71.7m1.03m–new
UNH UNITEDHEALTH GROUP INCHealthcare2.3%$71.6m436,540+44%added
CRM SALESFORCE INCTechnology2.3%$69.9m847,340+44%added
USFD US FOODS HLDG CORPConsumer Defensive1.9%$59.1m2.11m+27%added
BABA ALIBABA GROUP HLDG LTDConsumer Cyclical1.9%$58.2m539,950–new
OPLN OPENLANE INCConsumer Cyclical1.8%$57.1m1.31m+111%added
COCA-COLA EUROPACIFIC PARTNE no ticker–1.8%$56.7m1.51m+2.2%added
MCD MCDONALDS CORPConsumer Cyclical1.8%$56.5m435,960–new
LOW LOWES COS INCConsumer Cyclical1.7%$51.3m624,560–new
GT GOODYEAR TIRE & RUBR COConsumer Cyclical1.6%$48.5m1.35m–new
PK PARK HOTELS & RESORTS INCReal Estate1.4%$44.5m1.74m–new
CIGNA CORPORATION no ticker–1.4%$43.6m297,360−12%reduced
AETNA INC NEW no ticker–1.4%$43.1m337,780−13%reduced
ENVISION HEALTHCARE CORP no ticker–1.3%$41.3m673,247–new
HONGBP HONEYWELL INTL INC–0.9%$28.8m231,000−63%reduced
FRONTIER COMMUNICATIONS CORP no ticker–0.8%$23.8m11.12m–new
MIKUSD MICHAELS COS INC–0.7%$22.7m1.01m−22%reduced
NOMD NOMAD FOODS LTDConsumer Defensive0.6%$17.3m1.51m–new
CL COLGATE PALMOLIVE COConsumer Defensive0.5%$14.2m193,650–new
MDLZ MONDELEZ INTL INCConsumer Defensive0.4%$13.5m312,740–new
KHC KRAFT HEINZ COConsumer Defensive0.4%$13.4m147,390–new
CPRT COPART INCIndustrials0.4%$13.1m211,725–new
8L8C LIBERTY BROADBAND CORP–0.2%$7.1m82,000–new

Exited since Q4 2016

19 rows
JPM JPMORGAN CHASE & CO4.6%$134m
FLT1EUR FLEETCOR TECHNOLOGIES INC3.6%$103m
GS GOLDMAN SACHS GROUP INC2.8%$80.6m
MS MORGAN STANLEY2.8%$80.3m
XBI SPDR SERIES TRUST2.5%$72.4m
DOV DOVER CORP2.4%$68.4m
SHW SHERWIN WILLIAMS CO2.3%$65.9m
PPG PPG INDS INC1.7%$50.2m
HDSUSD HD SUPPLY HLDGS INC1.7%$48.4m
MO ALTRIA GROUP INC1.4%$41.2m
WOO FOOT LOCKER INC1.3%$38.1m
ELV ELEVANCE HEALTH INC1.2%$35.2m
SYF SYNCHRONY FINANCIAL1.0%$27.8m
C CITIGROUP INC0.9%$27.0m
ULTA ULTA BEAUTY INC0.9%$26.5m
CITUSD CIT GROUP INC0.9%$26.2m
MOBILEYE N V AMSTELVEEN no ticker0.7%$21.7m
COF CAPITAL ONE FINL CORP0.5%$13.5m
LULU LULULEMON ATHLETICA INC0.4%$12.0m

Sector mix

  • Consumer Cyclical29.2%
  • Communication Services26.0%
  • Technology13.5%
  • Consumer Defensive10.7%
  • Unclassified8.6%
  • Energy5.5%
  • Basic Materials2.3%
  • Healthcare2.3%
  • Real Estate1.4%
  • Industrials0.4%

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