Tortoise Investment Management, LLC

Q1 2014 13F-HR Holdings

Location
White Plains, NY
Holdings as of
3/31/2014
Date filed
5/2/2014
Form type
13F-HR
Num holdings
368
Total value ($000)
$216,577
Net value change ($000)
+34,457 (18.9%)
New positions
50
Sold out positions
8
Turnover %
1.2%
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)
IVV 10,995 90.2%
NUVEEN BUILD AMERICA BOND OPPT 3,688 75.7%
IEMG 3,252 76.4%
FAX 2,760 71.0%
NBB 2,587 28.9%
Nuveen NY Div Adv Munu 1,635 22.1%
SCZ 1,204 38.8%
POWERSHARES 993 308.4%
PIMCO ETF TR 845 44.9%
SCHX 811 284.6%
Top Reduces (Value $000, Stocks/ETFs)
HYG -1,001 -66.2%
WISDOMTREE DREYFUS NEW ZEALAND -751 -54.0%
EEM -676 -15.8%
SPDR SERIES TRUST -639 -55.0%
SJNK -552 -39.1%
KINDER MORGAN MANAGE -386 -5.1%
MUB -352 -14.4%
SPDR SERIES TRUST -213 -7.4%
PLUM CREEK -201 -11.8%
AAPL -140 -13.2%
Instrument mix + QoQ Δ (ex-options)
Derivatives reported exposure ($000): 166 (0.1% of total reported value)
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.
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Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type