MAKAIRA PARTNERS Top 10 Holdings in Q1 2015

Share with your friends










Submit

Makaira Partners Llc 13F Filing

Thomas Bancroft’s Makaira Partners Llc just filed its Q1 2015 13F. Dated 27/05/2015, the 13f report reveals the hedge fund has a portfolio value of $575.08 million, representing an increase of $8.39 million from the previous quarter when it was $566.70 million. Note: This filling reprents about 83.22% of Makaira Partners Llc’s assets, which which are listed in the US.

Portfolio Q12015
Market Value:$575,083,000
Previous Mkt Value:$566,696,000
Chg Mkt Value %:1.48%
Sentiment:
Turnover %:8.90%
Stocks Activity
New Purchases:1
Additional Purchases:3
Sold out:1
Reduced:1
Top 10 Holdings %:95.93%

Based on $691.02 million in assets under management, Makaira Partners Llc’s equity exposure is 83.22% of assets.

Top 5 New Buys
Ubiquity Networks4.26%
-
-
-
-
13F Sector Allocation
Consumer Discretionary33%
Other29%
Information Technology22%
Industrials16%
-

Increased Positions

The hedge fund didn’t report any increased holdings in this quarter.

Reduced Positions

The fund also slashed its postiton in Iron Mtn Inc by -56.04%.

Top 3 Holdings

Wesco Aircraft Hldg Inc (WAIR), Verisign Inc (VRSN) and Cdw Corp (CDW) made up the majority of Makaira Partners Llc’s total US long portfolio in Q1 2015. These holdings were top 3 and constitute 50.79% of Makaira Partners Llc’s US-listed securities. The top 10 holdings make about 95.93% of the investment manager’s portfolio.

Portfolio Top Holdings

It seems Thomas Bancroft ‘s Makaira Partners Llc holds concentrated portfolio. We wonder do they believe, same as many legendary traders, that diversification is losing investment strategy? The chart above provides a summary of Makaira Partners Llc’s top 10 US-listed stock positions in Q1 2015.

13F Sector Analysis

Information Technology Sector Makaira Partners Llc - Thomas BancroftMakaira Partners Llc increased the information technology sector from 15% to 22%. The fund slashed the Consumer Discretionary sector holdings by 33%.

So these are Q1 2015 fund’s sector weights now: consumer discretionary 33% for $189.78 million, information technology 22% for $126.52 million and industrials 16% for $92.01 million.

Important Position Changes

Top 10 Q1 2015 New Positions: Ubiquity Networks (UBNT).

Top 10 Q1 2015 Sold Out Completely: Corrections Corp (CXW).

#img1

Download the full 13F form in CSV: Q1-2015-Makaira-Partners-Llc-Thomas-Bancroft-13F-Portfolio-Stock-Holdings.csv

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

New Stocks

In this quarter, Thomas Bancroft’s Makaira Partners Llc started position in Ubiquity Networks (UBNT) for $24.47 million. 1 is the only new position.

13F Filing Link: 000154086615000014

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.