QCM Cayman Ltd's Q4 2019 13F: 20 new positions, 31 exits
Form 13F-HR for the quarter ended Dec 31, 2019 · filed Feb 14, 2020 · 26 reported positions · accession 0001172661-20-000541
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| New | ISHARES TR (EEM) | — | 13.2% | +13.2 pts | +16,130 sh | new |
| New | ISHARES INC (IEMG) | — | 13.0% | +13.0 pts | +13,260 sh | new |
| New | FORD MTR CO DEL (F) | — | 8.7% | +8.7 pts | +51,004 sh | new |
| New | VANGUARD INTL EQUITY INDEX F (VWO) | — | 7.2% | +7.2 pts | +8,875 sh | new |
| Exited | SBA COMMUNICATIONS CORP NEW (SBAC) | 5.9% | — | −5.9 pts | −1,687 sh | −100% |
| Exited | ROKU INC (ROKU) | 5.8% | — | −5.8 pts | −3,952 sh | −100% |
| Reduced | NETFLIX INC (NFLX) | 6.4% | 4.3% | −2.1 pts | −930 sh | −56% |
| Exited | MERCK & CO INC (MRK) | 5.1% | — | −5.1 pts | −4,149 sh | −100% |
| Exited | COSTAR GROUP INC (CSGP) | 5.0% | — | −5.0 pts | −584 sh | −100% |
| New | ALPHABET INC (GOOG) | — | 5.0% | +5.0 pts | +203 sh | new |
| New | SELECT SECTOR SPDR TR (XLI) | — | 4.6% | +4.6 pts | +3,104 sh | new |
| Exited | VMWARE INC (VMW) | 4.6% | — | −4.6 pts | −2,100 sh | −100% |
| Exited | MICROSOFT CORP (MSFT) | 4.4% | — | −4.4 pts | −2,188 sh | −100% |
| Exited | 3M CO (MMM) | 4.3% | — | −4.3 pts | −1,796 sh | −100% |
| Exited | ROPER TECHNOLOGIES INC (ROP) | 4.1% | — | −4.1 pts | −790 sh | −100% |
| Exited | SHERWIN WILLIAMS CO (SHW) | 4.0% | — | −4.0 pts | −505 sh | −100% |
| New | CREDIT SUISSE GROUP (CS) | — | 3.9% | +3.9 pts | +15,678 sh | new |
| New | ISHARES TR (ICF) | — | 3.7% | +3.7 pts | +1,736 sh | new |
| New | ZYNGA INC (ZNGA) | — | 3.5% | +3.5 pts | +31,614 sh | new |
| Exited | ITAU UNIBANCO HLDG SA (ITU) | 3.3% | — | −3.3 pts | −26,884 sh | −100% |
| Exited | LYONDELLBASELL INDUSTRIES N (LYB) | 3.2% | — | −3.2 pts | −2,438 sh | −100% |
| Exited | COSTCO WHSL CORP NEW (COST) | 3.1% | — | −3.1 pts | −748 sh | −100% |
| Exited | NEXTERA ENERGY INC (NEE) | 3.0% | — | −3.0 pts | −899 sh | −100% |
| Exited | CVS HEALTH CORP (CVS) | 3.0% | — | −3.0 pts | −3,262 sh | −100% |
| Exited | LAUDER ESTEE COS INC (EL) | 2.9% | — | −2.9 pts | −1,016 sh | −100% |
| Reduced | DENBURY RES INC (DRVN) | 2.7% | 1.2% | −1.5 pts | −112K sh | −71% |
| Exited | SNAP INC (SNAP) | 2.7% | — | −2.7 pts | −11,662 sh | −100% |
| Exited | INTELSAT S A (INTEQ) | 2.6% | — | −2.6 pts | −11,197 sh | −100% |
| New | FREEPORT-MCMORAN INC (FCX) | — | 2.6% | +2.6 pts | +10,696 sh | new |
| New | INFOSYS LTD (INFY) | — | 2.4% | +2.4 pts | +12,877 sh | new |
| Increased | SPDR S&P 500 ETF TR (SPY) | 4.3% | 8.0% | +3.7 pts | +358 sh | +36% |
| Reduced | AMAZON COM INC (AMZN) | 7.4% | 7.8% | +0.5 pts | −62 sh | −21% |
| Exited | NABORS INDUSTRIES LTD (NBR) | 1.8% | — | −1.8 pts | −66,911 sh | −100% |
| Exited | BANCO BRADESCO S A (BBD) | 1.2% | — | −1.2 pts | −10,277 sh | −100% |
| Exited | AURORA CANNABIS INC (ACB) | 1.2% | — | −1.2 pts | −18,749 sh | −100% |
| New | IAMGOLD CORP (IAG) | — | 1.2% | +1.2 pts | +16,773 sh | new |
| New | AURORA CANNABIS INC | — | 1.1% | +1.1 pts | +27,242 sh | new |
| Exited | MALLINCKRODT PUB LTD CO (MNKKQ) | 1.0% | — | −1.0 pts | −29,618 sh | −100% |
| New | AK STL HLDG CORP (AKS) | — | 1.0% | +1.0 pts | +17,056 sh | new |
| Exited | NOKIA CORP (NOK) | 0.9% | — | −0.9 pts | −12,420 sh | −100% |
| New | HARMONY GOLD MNG LTD (HMY) | — | 0.8% | +0.8 pts | +11,475 sh | new |
| New | OASIS PETE INC NEW (OASPQ) | — | 0.8% | +0.8 pts | +12,664 sh | new |
| Exited | ECOPETROL S A (EC) | 0.7% | — | −0.7 pts | −11,177 sh | −100% |
| New | ENDEAVOUR SILVER CORP (EXK) | — | 0.7% | +0.7 pts | +16,687 sh | new |
| New | YAMANA GOLD INC (AUY) | — | 0.7% | +0.7 pts | +10,252 sh | new |
| Exited | CHICOS FAS INC (CHS) | 0.7% | — | −0.7 pts | −12,445 sh | −100% |
| Exited | ENDO INTL PLC (ENDPQ) | 0.7% | — | −0.7 pts | −13,923 sh | −100% |
| New | OFFICE DEPOT INC (ODP) | — | 0.6% | +0.6 pts | +12,940 sh | new |
| Exited | CLOVIS ONCOLOGY INC (CLVSQ) | 0.6% | — | −0.6 pts | −10,512 sh | −100% |
| Exited | GERDAU S A (GGB) | 0.6% | — | −0.6 pts | −12,999 sh | −100% |
The 50 largest of 57 changes, by size of the trade. Full holdings for this quarter.
Reported by the fund in its Form 13F filed with the SEC; holdings are as of the quarter-end report date and may have changed since. For informational purposes only — not investment advice or a recommendation to buy or sell any security. FilingExplorer is not affiliated with or endorsed by this fund. How this brief is compiled
Top 10 positions — 75.7% of the equity book
Changes in the top 10 this quarter: EEM entered · IEMG entered · F entered · VWO entered · GOOG entered · XLI entered · CS entered · SBAC left · ROKU left · MRK left · CSGP left · VMW left · MSFT left · MMM left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | ISHARES TR (EEM) | 0.0% | 13.2% | Entered the top 10 |
| 2 | ISHARES INC (IEMG) | 0.0% | 13.0% | Entered the top 10 |
| 3 | FORD MTR CO DEL (F) | 0.0% | 8.7% | Entered the top 10 |
| 4 | SPDR S&P 500 ETF TR (SPY) | 4.3% | 8.0% | |
| 5 | AMAZON COM INC (AMZN) | 7.4% | 7.8% | |
| 6 | VANGUARD INTL EQUITY INDEX F (VWO) | 0.0% | 7.2% | Entered the top 10 |
| 7 | ALPHABET INC (GOOG) | 0.0% | 5.0% | Entered the top 10 |
| 8 | SELECT SECTOR SPDR TR (XLI) | 0.0% | 4.6% | Entered the top 10 |
| 9 | NETFLIX INC (NFLX) | 6.4% | 4.3% | |
| 10 | CREDIT SUISSE GROUP (CS) | 0.0% | 3.9% | Entered the top 10 |
| — | SBA COMMUNICATIONS CORP NEW (SBAC) | 5.9% | 0.0% | Left the top 10 |
| — | ROKU INC (ROKU) | 5.8% | 0.0% | Left the top 10 |
| — | MERCK & CO INC (MRK) | 5.1% | 0.0% | Left the top 10 |
| — | COSTAR GROUP INC (CSGP) | 5.0% | 0.0% | Left the top 10 |
| — | VMWARE INC (VMW) | 4.6% | 0.0% | Left the top 10 |
| — | MICROSOFT CORP (MSFT) | 4.4% | 0.0% | Left the top 10 |
| — | 3M CO (MMM) | 4.3% | 0.0% | Left the top 10 |
Weights are each position's reported value as a share of the fund's reported equity positions (options and principal-amount holdings excluded).