MILLER HOWARD INVESTMENTS INC /NY
Q1 2014 13F-HR Holdings
Net value change ($000)
+458,257
(9.2%)
New positions
19
Sold out positions
10
Turnover %
10.5%
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)
| MSFT | 81,868 | NEW |
| NVS | 59,336 | NEW |
| DRI | 59,274 | NEW |
| VOD | 57,624 | NEW |
| ET | 49,083 | 19.4% |
| MAT | 48,699 | NEW |
| POTASH CORP OF SASKATCHEWAN INC | 39,334 | 67.2% |
| VZ | 36,390 | 948.6% |
| WEP | 36,085 | 29.0% |
| EPD | 34,944 | 7.7% |
Top Reduces (Value $000, Stocks/ETFs)
| VOD | -135,241 | -100.0% |
| Ca Inc | -59,899 | -100.0% |
| EL PASO PIPELINE PARTNERS | -38,718 | -72.9% |
| GE | -28,008 | -18.0% |
| NATIONAL GRID PLC | -14,618 | -22.8% |
| KINDER MORGAN ENERGY PARTNER UT LTD PARTNER | -11,642 | -6.7% |
| INTC | -11,615 | -9.1% |
| SEADRILL LIMITED | -11,052 | -13.0% |
| DVY | -9,910 | -100.0% |
| OKE | -9,853 | -14.3% |
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 |
|---|