Westchester Capital Management, Inc.
Q1 2014 13F-HR Holdings
Net value change ($000)
+13,033
(7.0%)
New positions
3
Sold out positions
16
Turnover %
4.3%
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)
| ENSCO PLC | 8,387 | NEW |
| CAT | 769 | 8.8% |
| SPY | 742 | 46.4% |
| EMC | 730 | 9.2% |
| DVN | 691 | 10.9% |
| MSFT | 602 | 7.4% |
| TTE | 477 | 7.0% |
| JNJ | 387 | 6.2% |
| BDX | 354 | 5.2% |
| CVS | 308 | 4.4% |
Top Reduces (Value $000, Stocks/ETFs)
| MAT | -1,113 | -13.6% |
| HMC | -528 | -9.3% |
| WM | -377 | -5.4% |
| CLIFFS NATURAL RESOURCES | -346 | -16.9% |
| AVON PRODUCTS INC | -240 | -14.7% |
| GE | -89 | -2.0% |
| DUK | -46 | -100.0% |
| CL | -39 | -100.0% |
| RWX | -36 | -100.0% |
| AAPL | -33 | -0.5% |
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 |
|---|