WhaleCreep

Montanova Capital, LLC 13F holdings, Q4 2019

Hedge fundSEC filingsCompare with another fundHoldings as of 2019-12-31, filed 2020-02-14

Montanova Capital, LLC disclosed 37 US equity positions worth $4.3bn in its Q4 2019 13F filing. Its largest position is ADBE at 7.5% of the reported book, followed by AMZN and FIS. Versus Q3 2019 it opened 19 new positions, added to 6, reduced 9 and exited 20.

$4.3bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
37
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
7.5%
Largest position
The largest single position as a share of the reported equity book.
47.9%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
27
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 Q3 2019: 19 new, 6 added, 9 reduced, 20 exited

37 rows
ADBE ADOBE INCTechnology7.5%$324m981,755−0.5%held
AMZN AMAZON COM INCConsumer Cyclical6.0%$259m140,000–new
FIS FIDELITY NATL INFORMATION SVTechnology6.0%$258m1.85m−2.2%reduced
CRM SALESFORCE INCTechnology6.0%$256m1.57m+3.7%added
GPN GLOBAL PMTS INCIndustrials4.3%$184m1.01m−17%reduced
JNJ JOHNSON & JOHNSONHealthcare4.1%$177m1.22m–new
SONY SONY GROUP CORPTechnology3.7%$158m2.32m+1.1%added
ATVIEUR ACTIVISION BLIZZARD INC–3.6%$156m2.62m−14%reduced
TSN TYSON FOODS INCConsumer Defensive3.3%$143m1.57m+8.9%added
MO ALTRIA GROUP INCConsumer Defensive3.3%$143m2.86m–new
LOW LOWES COS INCConsumer Cyclical3.3%$142m1.19m–new
LHX L3HARRIS TECHNOLOGIES INCIndustrials3.1%$135m682,730−12%reduced
CANADIAN PAC RY LTD no ticker–3.1%$133m522,110–new
UNH UNITEDHEALTH GROUP INCHealthcare3.0%$130m442,040–new
NKE NIKE INCConsumer Cyclical2.9%$125m1.23m–new
ELV ELEVANCE HEALTH INCHealthcare2.9%$124m411,750–new
PYPL PAYPAL HLDGS INCFinancial Services2.8%$121m1.12m–new
BAX BAXTER INTL INCHealthcare2.5%$105m1.26m–new
NSC NORFOLK SOUTHERN CORPIndustrials2.5%$105m541,820–new
MDT Medtronic PlcHealthcare2.3%$99.2m874,650+0.5%held
KBR KBR INCIndustrials2.2%$96.5m3.16m+0.1%held
CNC CENTENE CORP DELHealthcare2.2%$94.6m1.51m–new
JECUSD JACOBS ENGR GROUP INC–2.1%$88.2m982,370−32%reduced
RTN1USD RAYTHEON CO–2.0%$86.2m392,100–new
LYFT LYFT INCTechnology1.8%$77.4m1.80m+63%added
DXC DXC TECHNOLOGY COTechnology1.8%$76.4m2.03m–new
BSX BOSTON SCIENTIFIC CORPHealthcare1.8%$75.8m1.68m−2.6%reduced
DD DUPONT DE NEMOURS INCBasic Materials1.6%$68.7m1.07m–new
ZBH ZIMMER BIOMET HOLDINGS INCHealthcare1.6%$68.0m454,560−27%reduced
IR INGERSOLL-RAND PLCIndustrials1.6%$67.8m509,970–new
SPCE VIRGIN GALACTIC HOLDINGS INCIndustrials1.5%$63.5m5.50m–new
FICO FAIR ISAAC CORPTechnology1.1%$48.8m130,170+96%added
NVST ENVISTA HOLDINGS CORPORATIONHealthcare1.1%$45.6m1.54m+413%added
NVR NVR INCConsumer Cyclical0.8%$34.4m9,020–new
KBH KB HOMEConsumer Cyclical0.4%$17.4m506,417−48%reduced
VIRGIN GALACTIC HOLDINGS INC no ticker–0.09%$3.9m1.17m–new
FAR PT ACQUISITION CORP no ticker–0.01%$299k232,042−53%reduced

Exited since Q3 2019

20 rows
QSR RESTAURANT BRANDS INTL INC5.5%$202m
DHI D R HORTON INC4.3%$158m
LMT LOCKHEED MARTIN CORP4.2%$156m
KMB KIMBERLY-CLARK CORP4.2%$155m
UPS UNITED PARCEL SERVICE INC3.8%$141m
IQV IQVIA HLDGS INC3.3%$123m
NOC NORTHROP GRUMMAN CORP3.0%$112m
NOW SERVICENOW INC2.4%$87.9m
EA ELECTRONIC ARTS INC2.2%$82.5m
DE DEERE & CO1.9%$69.1m
CPRT COPART INC1.6%$58.1m
SOCIAL CAP HEDOSOPHIA HLDGS no ticker1.3%$49.3m
RCL ROYAL CARIBBEAN CRUISES LTD1.3%$49.2m
OC Owens Corning Inc1.1%$40.4m
BUD ANHEUSER BUSCH INBEV SA NV1.0%$35.2m
7SU SUMMIT MATLS INC0.8%$30.9m
ARMK ARAMARK0.7%$25.5m
LEN LENNAR CORP0.7%$24.5m
SOCIAL CAP HEDOSOPHIA HLDGS no ticker0.08%$2.9m
BX BLACKSTONE INC0.02%$777k

Sector mix

  • Technology27.9%
  • Healthcare21.4%
  • Industrials15.2%
  • Consumer Cyclical13.5%
  • Unclassified10.9%
  • Consumer Defensive6.7%
  • Financial Services2.8%
  • Basic Materials1.6%

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