CIK 1426665
Long positions in SEC Section 13(f) securities (US-listed stocks, ADRs and ETFs), largest first · Δ vs 2016-Q4. 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 |
|---|---|---|
| Banks | 43.08% | 12 |
| Unclassified | 37.39% | 12 |
| Insurance | 11.97% | 5 |
| Capital Markets | 3.54% | 3 |
| Equity Real Estate Investment Trusts (REITs) | 3.16% | 2 |
| Commercial Services & Supplies | 0.85% | 2 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | WFC | WELLS FARGO & COMPANY/MN | Financials | 10.77% |
| 2 | C | CITIGROUP INC | Financials | 9.71% |
| 3 | WELLS FARGO CO NEW | Unclassified | 7.94% | |
| 4 | ROYAL BK SCOTLAND GROUP PLC | Unclassified | 7.07% | |
| 5 | BLACKSTONE GROUP LP | Unclassified | 7.05% | |
| 6 | MET | METLIFE INC | Financials | 5.67% |
| 7 | DISCOVER FINL SVCS | Unclassified | 4.84% | |
| 8 | FITB | FIFTH THIRD BANCORP | Financials | 3.53% |
| 9 | E TRADE FINANCIAL CORP | Unclassified | 3.25% | |
| 10 | HBAN | HUNTINGTON BANCSHARES INC /MD/ | Financials | 3.19% |
24/36 names classified · sector 62.6% of weight · industry 62.6% · mkt cap 60.7%; 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: 62.6% of the book is sector-classified (unclassified names shown, never dropped).
Classified: 59.0% of book weight (22/26 names) · unclassified 41.0%: , KRE, MFC, AB. 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 | WFCWELLS FARGO CO NEW | 461,950 | $26M | 10.8% | ADD 102% |
| 2 | CCITIGROUP INC | 387,323 | $23M | 9.7% | ADD 196% |
| 3 | WELLS FARGO CO NEW | 15,300 | $19M | 7.9% | ADD 283% |
| 4 | ROYAL BK SCOTLAND GROUP PLC | 666,080 | $17M | 7.1% | TRIM −13% |
| 5 | BLACKSTONE GROUP LP | 566,200 | $17M | 7.0% | ADD 58% |
| 6 | METMETLIFE INC | 256,130 | $14M | 5.7% | ADD 464% |
| 7 | DISCOVER FINL SVCS | 168,850 | $12M | 4.8% | ADD 138% |
| 8 | FITBFIFTH THIRD BANCORP | 331,800 | $8M | 3.5% | ADD 3363% |
| 9 | E TRADE FINANCIAL CORP | 222,400 | $8M | 3.3% | NEW |
| 10 | HBANHUNTINGTON BANCSHARES INC | 567,800 | $8M | 3.2% | ADD 618% |
| 11 | BNYBANK NEW YORK MELLON CORP | 147,000 | $7M | 2.9% | NEW |
| 12 | BACBANK AMERICA CORP | 277,688 | $7M | 2.7% | TRIM −19% |
| 13 | RFREGIONS FINANCIAL CORP NEW | 423,400 | $6M | 2.6% | ADD 2274% |
| 14 | JPMJPMORGAN CHASE & CO | 69,400 | $6M | 2.6% | NEW |
| 15 | PMTPENNYMAC MTG INVT TR | 225,000 | $6M | 2.5% | NEW |
| 16 | The Carlyle Group | 358,097 | $6M | 2.4% | ADD 45% |
| 17 | MTGMGIC INVT CORP WIS | 554,000 | $6M | 2.4% | NEW |
| 18 | KRESPDR SERIES TRUST | 89,400 | $5M | 2.0% | NEW |
| 19 | MFCMANULIFE FINL CORP | 251,900 | $4M | 1.9% | ADD 9% |
| 20 | ABALLIANCEBERNSTEIN HLDG L P | 176,164 | $4M | 1.7% | NEW |
| 21 | COFCAPITAL ONE FINL CORP | 46,450 | $4M | 1.7% | ADD 142% |
| 22 | LEGG MASON INC | 99,650 | $4M | 1.5% | TRIM −71% |
| 23 | LNCLINCOLN NATL CORP IND | 53,050 | $3M | 1.5% | ADD 1279% |
| 24 | BPOPPOPULAR INC | 81,616 | $3M | 1.4% | NEW |
| 25 | STTSTATE STR CORP | 37,550 | $3M | 1.3% | ADD 1089% |
| 26 | CNSCOHEN & STEERS INC | 65,393 | $3M | 1.1% | TRIM −20% |
| 27 | AXPAMERICAN EXPRESS CO | 23,000 | $2M | 0.8% | NEW |
| 28 | SCHWSCHWAB CHARLES CORP | 44,450 | $2M | 0.8% | NEW |
| 29 | TCF FINL CORP | 89,350 | $2M | 0.6% | ADD 4% |
| 30 | SPGSIMON PPTY GROUP INC NEW | 8,800 | $2M | 0.6% | NEW |
| 31 | CNOCNO FINL GROUP INC | 73,100 | $1M | 0.6% | TRIM −48% |
| 32 | MAMASTERCARD INCORPORATED | 9,300 | $1M | 0.4% | NEW |
| 33 | VVISA INC | 11,050 | $982,000 | 0.4% | NEW |
| 34 | BROOKLINE BANCORP INC DEL COM | 36,000 | $563,000 | 0.2% | NEW |
| 35 | CBL & ASSOC PPTYS INC | 55,700 | $531,000 | 0.2% | NEW |
| 36 | WASHINGTONFIRST BANKSHARES I | 17,000 | $476,000 | 0.2% | NEW |
Where this firm's principals came from and which firms its alumni went on to found.
