Westchester Capital Management, Inc.

Q2 2014 13F-HR Holdings

Location
Omaha, NE
Holdings as of
6/30/2014
Date filed
7/11/2014
Form type
13F-HR
Num holdings
55
Total value ($000)
$212,486
Net value change ($000)
+13,290 (6.7%)
New positions
5
Sold out positions
4
Turnover %
7.8%
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)
ABBV 9,052 NEW
INTC 1,487 19.8%
DVN 1,466 20.9%
AAPL 1,422 23.2%
VLO 1,226 24.1%
CAT 846 8.9%
BP 834 13.7%
CSCO 742 11.3%
WM 711 10.9%
SPY 689 29.4%
Top Reduces (Value $000, Stocks/ETFs)
TTE -7,339 -100.0%
CLIFFS NATURAL RESOURCES -453 -26.7%
EMC -322 -3.7%
PFE -261 -4.6%
DU PONT E I DE NEMOUR&CO -177 -2.6%
MAT -120 -1.7%
TEN -92 -14.2%
T -49 -58.3%
Alphabet Inc. Class C -25 -49.0%
MDY -16 -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.
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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