Manchester Capital Management LLC

Q1 2014 13F-HR Holdings

Location
Manchester, VT
Holdings as of
3/31/2014
Date filed
5/2/2014
Form type
13F-HR
Num holdings
1,000
Total value ($000)
$623,526
Net value change ($000)
-18,477 (-2.9%)
New positions
123
Sold out positions
40
Turnover %
5.4%
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)
XLV 2,719 32.8%
XLK 2,176 44.2%
VOD 2,108 NEW
XLP 1,884 16.2%
ACXIOM CORP 883 NEW
Vitamin Shoppe Inc 846 NEW
VZ 670 73.9%
BFH 639 NEW
PFF 530 8.5%
RWR 481 9.5%
Top Reduces (Value $000, Stocks/ETFs)
UPS -17,051 -5.9%
BRK-B -7,500 -100.0%
Alphabet Inc. Class C -3,549 -100.0%
DBA -3,148 -92.7%
VOD -2,315 -100.0%
EEM -2,163 -17.8%
Vitamin Shoppe Inc -894 -100.0%
Tronox Ltd Class A -639 -98.2%
VWO -611 -9.0%
UTHR -517 -67.3%
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.
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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