MESSNER & SMITH THEME VALUE INVESTMENT MANAGEMENT LTD /CA/
Q2 2014 13F-HR Holdings
Net value change ($000)
-3,086
(-4.6%)
New positions
4
Sold out positions
7
Turnover %
7.3%
Sector allocation + QoQ delta (equities-only)
Snapshot: Change Analysis
Compared to Q1 2014
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)
| OMC | 522 | NEW |
| UNP | 444 | 41.0% |
| TRONOX LTD | 333 | 13.0% |
| WFC | 326 | NEW |
| CRK | 324 | 26.0% |
| MTS SYSTEMS CORP | 240 | NEW |
| ENSCO PLC | 238 | 13.1% |
| IPI | 228 | 9.6% |
| BKH | 179 | 8.0% |
| GLDI | 164 | 2050.0% |
Top Reduces (Value $000, Stocks/ETFs)
| FIRST CASH FINL SVCS INC | -1,472 | -100.0% |
| JOY GLOBAL INC | -1,322 | -100.0% |
| ZION | -777 | -31.7% |
| MTZ | -732 | -27.2% |
| ILMN | -549 | -23.0% |
| IWS | -456 | -100.0% |
| CONTANGO OIL & GAS CO | -274 | -9.8% |
| SENOMYX INC COM | -264 | -19.1% |
| PSMT | -260 | -13.6% |
| HTO | -229 | -100.0% |
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 |
|---|