MESSNER & SMITH THEME VALUE INVESTMENT MANAGEMENT LTD /CA/
Q1 2014 13F-HR Holdings
Net value change ($000)
+20,527
(44.8%)
New positions
23
Sold out positions
3
Turnover %
9.9%
Sector allocation + QoQ delta (equities-only)
Snapshot: Change Analysis
Compared to Q4 2013
Methodology:
sector metrics are equities-only;
instrument mix chart is ex-options;
options exposure is shown separately.
Why this matters.
Top Adds (Value $000, Stocks/ETFs)
| MICROSEMI CORP COM | 1,782 | NEW |
| CASY | 1,522 | NEW |
| WDC | 1,303 | 57.8% |
| Nuance Communications, Inc. | 1,194 | 114.0% |
| MTZ | 1,177 | 77.8% |
| ILMN | 1,144 | 91.9% |
| PSMT | 1,124 | 142.1% |
| SENOMYX INC COM | 910 | 192.4% |
| ENSCO PLC | 874 | 92.1% |
| CPT | 870 | 96.2% |
Top Reduces (Value $000, Stocks/ETFs)
| LIFE TECHNOLOGIES | -1,219 | -100.0% |
| CME | -843 | -100.0% |
| IWS | -335 | -42.4% |
| TKR | -275 | -100.0% |
| GENOMIC HEALTH INC | -78 | -9.9% |
| BA | -40 | -9.2% |
| GE | -32 | -9.4% |
| CORE | -27 | -5.7% |
| KKR & Co LP | -26 | -6.1% |
| XOM | -25 | -3.5% |
Instrument mix + QoQ Δ (ex-options)
How this table is calculated:
SEC
VALUE ($000) is used as reported.
For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received.
Column % is bucket-based:
non-options share is calculated inside non-option total, options share is calculated inside options total.
Details.
Filter:
Instrument:
| Issuer Name | Ticker | Sector | Industry | Class | History | Value ($000) | % | Shares | Shares Δ | Shares Δ% | Value Δ ($000) | Value Δ% | Principal | Option Type |
|---|