CIK 1317613
Long positions in SEC Section 13(f) securities (US-listed stocks, ADRs and ETFs), largest first · Δ vs 2014-Q2. A lagged quarterly snapshot (filed ≤45 days after quarter-end); excludes shorts, options, cash, and shares listed only on non-US exchanges — foreign companies held via a US listing or ADR (e.g. Alibaba, TSMC) ARE included.
As filed = each book applied at its quarter-end (what the reported book did) · As copyable = applied at its statutory 45-day filing deadline (what a 13F follower could have earned).
Computing…
Hypothetical modeled performance constructed with hindsight — not actual results, and not indicative of future results. See the Disclaimer.
| Industry group | Weight | Names |
|---|---|---|
| Unclassified | 43.60% | 8 |
| Banks | 16.07% | 1 |
| Diversified Telecommunication Services | 13.35% | 1 |
| Oil, Gas & Consumable Fuels | 9.88% | 1 |
| Equity Real Estate Investment Trusts (REITs) | 9.19% | 2 |
| Pharmaceuticals & Biotechnology | 7.90% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | JPM | JPMORGAN CHASE & CO | Financials | 16.07% |
| 2 | VZ | VERIZON COMMUNICATIONS INC | Communication Services | 13.35% |
| 3 | VLO | VALERO ENERGY CORP/TX | Energy | 9.88% |
| 4 | XL GROUP PLC | Unclassified | 8.87% | |
| 5 | PFE | PFIZER INC | Health Care | 7.90% |
| 6 | SPIRIT AEROSYSTEMS HLDGS INC | Unclassified | 7.61% | |
| 7 | YAMANA GOLD INC | Unclassified | 6.41% | |
| 8 | ACRE | Ares Commercial Real Estate Corp | Real Estate | 6.25% |
| 9 | PFLT | PENNANTPARK FLOATING RATE CA | Unclassified | 5.87% |
| 10 | EWZ | ISHARES INC MSCI BRAZIL ETF | Unclassified | 5.79% |
6/14 names classified · sector 56.4% of weight · industry 56.4% · mkt cap 56.4%; unclassified names shown, never dropped.
Sector is classified on each name's CURRENT fundamentals, not point-in-time — apparent sector drift can reflect the market re-rating a holding, not a manager trade. 13F is a lagged quarterly snapshot of long positions in US-listed securities only — foreign companies held via a US listing or ADR ARE included, but shares listed only on non-US exchanges (plus shorts, options and cash) are not. Latest quarter: 56.4% of the book is sector-classified (unclassified names shown, never dropped).
Classified: 50.1% of book weight (5/11 names) · unclassified 49.9%: , ACRE, PFLT, EWZ, ARCC, XEVVX. Size: cap 70/20/10 bands; style: value/growth composite on our own metrics — not Morningstar's model.
No contribution data for this period.
| # | Security | Shares | Value | Weight | Δ QoQ |
|---|---|---|---|---|---|
| 1 | JPMJPMORGAN CHASE & CO | 10,000 | $602,000 | 16.1% | HOLD |
| 2 | VZVERIZON COMMUNICATIONS INC | 10,000 | $500,000 | 13.4% | HOLD |
| 3 | VLOVALERO ENERGY CORP | 8,000 | $370,000 | 9.9% | ADD 33% |
| 4 | XL GROUP PLC | 10,000 | $332,000 | 8.9% | NEW |
| 5 | PFEPFIZER INC | 10,000 | $296,000 | 7.9% | NEW |
| 6 | SPIRIT AEROSYSTEMS HLDGS INC | 7,500 | $285,000 | 7.6% | HOLD |
| 7 | YAMANA GOLD INC | 40,000 | $240,000 | 6.4% | HOLD |
| 8 | ACREARES COML REAL ESTATE CORP | 20,000 | $234,000 | 6.2% | HOLD |
| 9 | PFLTPENNANTPARK FLOATING RATE CA | 16,000 | $220,000 | 5.9% | HOLD |
| 10 | EWZISHARES INC MSCI BRAZIL ETF | 5,000 | $217,000 | 5.8% | HOLD |
| 11 | ARCCARES CAPITAL CORP | 10,000 | $162,000 | 4.3% | NEW |
| 12 | XEVVXEATON VANCE LIMITED DURATION | 10,000 | $146,000 | 3.9% | HOLD |
| 13 | STWDSTARWOOD PPTY TR INC | 5,000 | $110,000 | 2.9% | TRIM −50% |
| 14 | PARAGON OFFSHORE PLC SHS NO STOCKHOLDER'S EQUITY 07/18/17 WORTHLESS | 5,000 | $31,000 | 0.8% | NEW |
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