WhaleCreep

Montanova Capital, LLC 13F holdings, Q2 2020

Hedge fundSEC filingsCompare with another fundHoldings as of 2020-06-30, filed 2020-08-14

Montanova Capital, LLC disclosed 79 US equity positions worth $4.7bn in its Q2 2020 13F filing. Its largest position is ADBE at 9.1% of the reported book, followed by AMZN and META. Versus Q1 2020 it opened 43 new positions, added to 20, reduced 15 and exited 28.

$4.7bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
79
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
9.1%
Largest position
The largest single position as a share of the reported equity book.
42.4%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
32
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 2020: 43 new, 20 added, 15 reduced, 28 exited

50 of 79
ADBE ADOBE INCTechnology9.1%$422m970,035−0.1%held
AMZN AMAZON COM INCConsumer Cyclical5.9%$274m99,150−22%reduced
META META PLATFORMS INCCommunication Services5.4%$253m1.11m–new
CHTR CHARTER COMMUNICATIONS INCCommunication Services3.6%$166m326,320−12%reduced
ATVIEUR ACTIVISION BLIZZARD INC–3.3%$152m2.00m−22%reduced
UNP UNION PACIFIC CORPIndustrials3.2%$150m885,350−22%reduced
FIS FIDELITY NATL INFORMATION SVTechnology3.2%$149m1.11m−41%reduced
OTIS OTIS WORLDWIDE CORPIndustrials3.2%$148m2.60m–new
IQV IQVIA HLDGS INCHealthcare2.9%$134m944,290−9.6%reduced
UBER UBER TECHNOLOGIES INCTechnology2.7%$124m3.98m+201%added
FIVE FIVE BELOW INCConsumer Cyclical2.6%$119m1.11m–new
DG DOLLAR GEN CORPConsumer Defensive2.5%$118m617,280+21%added
TTWO TAKE-TWO INTERACTIVE SOFTWARCommunication Services2.4%$114m813,573+30%added
CANADIAN PAC RY LTD no ticker–2.3%$108m422,610–new
GPN GLOBAL PMTS INCIndustrials2.3%$107m628,043+2.9%added
RPRX ROYALTY PHARMA PLCHealthcare2.2%$105m2.15m–new
BAX BAXTER INTL INCHealthcare2.2%$104m1.20m–new
JECUSD JACOBS ENGR GROUP INC–2.2%$103m1.22m+9.9%added
UNH UNITEDHEALTH GROUP INCHealthcare2.1%$96.6m327,480−39%reduced
PYPL PAYPAL HLDGS INCFinancial Services2.0%$94.2m540,700–new
TJX TJX COS INC NEWConsumer Cyclical2.0%$91.6m1.81m+56%added
MCK MCKESSON CORPHealthcare1.9%$89.0m579,900−40%reduced
CNC CENTENE CORP DELHealthcare1.9%$87.9m1.38m−35%reduced
KBR KBR INCIndustrials1.5%$71.3m3.16m+1.4%added
APH AMPHENOL CORPTechnology1.5%$71.1m741,760–new
NSC NORFOLK SOUTHERN CORPIndustrials1.5%$70.3m400,587−26%reduced
ROK ROCKWELL AUTOMATION INCIndustrials1.4%$67.1m314,810–new
99803EUR LABORATORY CORP AMER HLDGS–1.4%$66.1m398,040–new
NKE NIKE INCConsumer Cyclical1.4%$65.2m665,300−32%reduced
DHI D R HORTON INCConsumer Cyclical1.4%$65.0m1.17m–new
LHX L3HARRIS TECHNOLOGIES INCIndustrials1.4%$63.8m376,082+4.1%added
GAP GAP INCConsumer Cyclical1.4%$63.1m5.00m–new
HUM HUMANA INCHealthcare1.3%$61.7m159,210–new
CVNA CARVANA COConsumer Cyclical1.3%$59.5m495,020–new
GFL GFL ENVIRONMENTAL INCIndustrials1.3%$58.9m3.14m+8.7%added
HO1 HOLOGIC INC–1.2%$53.6m941,054–new
PLANUSD ANAPLAN INC–1.1%$51.4m1.13m−7.4%reduced
CTLTEUR CATALENT INC–1.1%$49.6m676,100–new
ROST ROSS STORES INCConsumer Cyclical0.9%$44.1m517,584−3.2%reduced
DGX QUEST DIAGNOSTICS INCHealthcare0.9%$40.8m357,835–new
CSGP COSTAR GROUP INCReal Estate0.7%$32.6m45,900–new
FOLEY TRASIMENE ACQUISTN COR no ticker–0.6%$29.2m2.73m–new
SOCIAL CAP HEDSPIA HLDG CO I no ticker–0.6%$28.3m2.53m–new
INSM INSMED INCHealthcare0.5%$24.7m895,560+1245%added
TORTOISE ACQUISITION CORP no ticker–0.5%$24.4m890,000–new
JAWS ACQUISITION CORP no ticker–0.5%$21.1m2.02m–new
BRISTOL-MYERS SQUIBB CO no ticker–0.4%$17.0m4.76m+5.3%added
BSX BOSTON SCIENTIFIC CORPHealthcare0.3%$16.0m455,000−90%reduced
SOCIAL CAP HDOSPHIA HLDG CO no ticker–0.3%$14.3m1.21m–new
TREBIA ACQUISITION CORP no ticker–0.3%$13.8m1.32m–new

Exited since Q1 2020

28 rows
CRM SALESFORCE INC6.1%$226m
JNJ JOHNSON & JOHNSON3.3%$121m
DE DEERE & CO1.8%$66.4m
BABA ALIBABA GROUP HLDG LTD1.7%$64.4m
CVS CVS HEALTH CORP1.7%$64.1m
MNST MONSTER BEVERAGE CORP NEW1.7%$62.8m
ALXN ALEXION PHARMACEUTICALS INC1.3%$49.5m
BIIB BIOGEN INC1.3%$48.6m
CMG CHIPOTLE MEXICAN GRILL INC1.1%$42.6m
SBUX STARBUCKS CORP1.1%$38.9m
SERVUSD SERVICEMASTER GLOBAL HLDGS I0.9%$35.0m
JD JD.COM INC0.8%$30.5m
GD GENERAL DYNAMICS CORP0.6%$22.5m
SPCE VIRGIN GALACTIC HOLDINGS INC0.5%$18.9m
LYFT LYFT INC0.3%$9.9m
VIRGIN GALACTIC HOLDINGS INC no ticker0.2%$8.6m
DXC DXC TECHNOLOGY CO0.2%$8.5m
STMLEUR STEMLINE THERAPEUTICS INC0.04%$1.4m
GBTUSD GLOBAL BLOOD THERAPEUTICS IN0.03%$1.1m
ARNAEUR ARENA PHARMACEUTICALS INC0.03%$1.1m
IOVA IOVANCE BIOTHERAPEUTICS INC0.02%$898k
RGNX REGENXBIO INC0.02%$674k
CCXIEUR CHEMOCENTRYX INC0.02%$643k
PBYI PUMA BIOTECHNOLOGY INC0.02%$603k
APLSUSD APELLIS PHARMACEUTICALS INC0.02%$579k
HRTX HERON THERAPEUTICS INC0.01%$475k
ARGX ARGENX SE0.01%$437k
ARVN ARVINAS INC0.01%$228k

Sector mix

  • Healthcare17.2%
  • Consumer Cyclical16.9%
  • Unclassified16.6%
  • Technology16.5%
  • Industrials15.8%
  • Communication Services11.5%
  • Consumer Defensive2.5%
  • Financial Services2.3%
  • Real Estate0.7%

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