BOOTHBAY FUND MANAGEMENT Is The Latest 13F Q3 2015 Filler

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Boothbay Fund Management Llc 13F Filing

Boothbay Fund Management Llc just filed its Q3 2015 13F. Dated 09/06/2016, the 13f filing shows the investment professional has a portfolio value of $31.37 million, representing a decrease of $215.33 million from the previous quarter when it was $246.71 million. Note: This filling reprents only about 6.45% of Boothbay Fund Management Llc’s assets, which which are listed in the US.

Portfolio Q32015
Market Value:$31,374,000
Previous Mkt Value:$246,706,000
Chg Mkt Value %:-87.28 %
Sentiment:
Turnover %:68.67 %
Stocks Activity
New Purchases:68
Additional Purchases:15
Sold out:318
Reduced:14
Top 10 Holdings %:37.52%

Based on $486.48 million in assets under management, Boothbay Fund Management Llc’s equity exposure is only 6.45% of assets. Please also keep in mind that we can’t know the Boothbay Fund Management Llc’s shorts and net exposure.

Fund New Holdings

During this quarter, Boothbay Fund Management Llc started new positions in Whirlpool Corp (WHR) for $572,000, Spdr Dow Jones Indl Avrg Etf (DIA) for $488,000, Select Sector Spdr Tr (XLK) for $426,000, Con (CNW) for $388,000 and Ishares Tr (IBB) for $379,000. These were the 5 biggest new positions. In total the investment professional bought 68 new stocks.

Portfolio New Buys

Top 5 New Buys
Whirlpool Corp1.82%
Spdr Dow Jones Indl Avrg Etf1.56%
Select Sector Spdr Tr1.36%
Con1.24%
Ishares Tr1.21%
13F Sector Allocation
Finance28 %
Energy13 %
Information Technology13 %
Industrials10 %
Consumer Discretionary9 %

Increased Positions

According to this 13f filing the investment professional raised its stakes in Yahoo Inc (YHOO) by 58% to $816,000, Xpo Logistics Inc (XPO) by 67% to $524,000, Danaher Corp Del (DHR) by 14% to $559,000, Yelp Inc (YELP) by 313% to $964,000 and Verizon Communications Inc (VZ) by 20% to $302,000. Boothbay Fund Management Llc also acquired smaller stakes in Williams Cos Inc Del (WMB) by 513.96% to $1.05 million, Chevron Corp New (CVX) by 45.12% to $282,000 and Whitestone Reit (WSR) by 67.24% to $380,000. Building positions gradually is common strategy for many hedge funds.

Sold Holdings

This fund got rid of its stakes in Netflix Inc (Put) (NFLX), Powershares Qqq Trust (Put) (QQQ), Amazon Com Inc (Put) (AMZN), Check Point Software Tech Lt (Call) (CHKP) and Qualcomm Inc (Call) (QCOM). These stocks constituted 3.99 %, 3.99 %, 2.64 %, 1.69 % and 1.36 % of the fund’s portfolio, respectively. We can only speculate about the reasons for this selling but we believe it has to do with either value, momentum or a better place for Boothbay Fund Management Llc’s capital.

Portfolio Sold All

Reduced Positions

The fund also reduced its postitons in Spdr S&P 500 Etf Tr (SPY) by -86.52%, Ishares Tr (IWM) by -27.62%, Western Digital Corp (WDC) by -61.35%, Watts Water Technologies Inc (WTS) by -16.36% and Wal (WMT) by -35.30%.

Top 5 Holdings

Spdr S&P 500 Etf Tr (SPY), Ishares Tr (IWM) and Williams Cos Inc Del (WMB) made up the majority of Boothbay Fund Management Llc’s total US long portfolio in this quarter. These securities were top 3 and constitute 22.36% of Boothbay Fund Management Llc’s US-listed securities. The top 10 securities make approximately 37.52% of the fund’s portfolio.

Portfolio Top Holdings

The picture above provides an overview of Boothbay Fund Management Llc’s top 10 US-listed holdings in this quarter.

13F Sector Allocation

Energy Sector Boothbay Fund Management Llc - Boothbay Fund Management Llc raised the energy sector from 2 % to 13 %. According to the 13f filing, the institutional investor also has securities for 10 % in the industrials sector. The utilities & telecommunications sector is 6 % of Boothbay Fund Management Llc’s 13f assets. The fund reduced the Finance, Information Technology and Consumer Discretionary sector positions by 28 %, 41 % and 50 %, respectively.

So these are Q3 2015 fund’s sector weights now: finance 28 % for $8.78 million, energy 13 % for $4.08 million, information technology 13 % for $4.08 million, industrials 10 % for $3.14 million, consumer discretionary 9 % for $2.82 million, utilities & telecommunications 6 % for $1.88 million, materials 4 % for $1.25 million, health care 4 % for $1.25 million, consumer staples 3 % for $941,220 and transports 3 % for $941,220.

Important Position Changes

Top 10 Q3 2015 New Positions: Whirlpool Corp (WHR), Spdr Dow Jones Indl Avrg Etf (DIA), Select Sector Spdr Tr (XLK), Con (CNW), Ishares Tr (IBB), Straight Path Communicatns I (STRP), Kinder Morgan Inc Del (KMI), Toll Brothers Inc (TOL), Sothebys (BID) and Walgreens Boots Alliance Inc.

Top 10 Q3 2015 Sold Out Completely: Netflix Inc (Put) (NFLX), Powershares Qqq Trust (Put) (QQQ), Amazon Com Inc (Put) (AMZN), Check Point Software Tech Lt (Call) (CHKP), Qualcomm Inc (Call) (QCOM), Gilead Sciences Inc (Call) (GILD), Broadcom Corp (Call) (BRCM), Tesla Mtrs Inc (Call) (TSLA), Magna Intl Inc (Call) (MGA) and Google Inc (GOOG).

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Download the full 13F form in CSV: Q3-2015-Boothbay-Fund-Management-Llc-13F-Portfolio-Stock-Holdings.csv

Research more New York hedge funds in our free database. Read ‘What is a Hedge Fund’ at our Hedge Funds resource page.

Boothbay Fund Management Llc – website

13F Filing Link: 000149315216010680

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