Tortoise Investment Management, LLC
Q4 2013 13F-HR Holdings
Net value change ($000)
+16,481
(9.9%)
New positions
33
Sold out positions
51
Turnover %
3.8%
Sector allocation + QoQ delta (equities-only)
Snapshot: Change Analysis
Compared to Q3 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)
| NBB | 8,930 | 63785.7% |
| NUVEEN BUILD AMERICA BOND OPPT | 4,474 | 1132.7% |
| IVV | 3,121 | 34.4% |
| SRLN | 2,939 | NEW |
| NUVEEN MARYLAND QUALITY MUNICIPAL INCOME FUND | 2,198 | 182.7% |
| Nuveen NY Div Adv Munu | 1,772 | 31.5% |
| FAX | 1,609 | 70.6% |
| IEMG | 1,228 | 40.5% |
| SPY | 1,059 | 13.3% |
| NAN | 777 | 21.9% |
Top Reduces (Value $000, Stocks/ETFs)
| HYG | -5,376 | -78.1% |
| SJNK | -4,712 | -76.9% |
| SPDR SERIES TRUST | -3,878 | -76.9% |
| WISDOMTREE DREYFUS NEW ZEALAND | -954 | -40.7% |
| AAPL | -737 | -41.0% |
| SPDR SERIES TRUST | -663 | -18.8% |
| NYF | -654 | -59.3% |
| POWERSHARES | -616 | -65.7% |
| MUB | -594 | -19.5% |
| LQD | -557 | -79.1% |
Instrument mix + QoQ Δ (ex-options)
Derivatives reported exposure ($000):
267
(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.
Filter:
Instrument:
| Issuer Name | Ticker | Sector | Industry | Class | History | Value ($000) | % | Shares | Shares Δ | Shares Δ% | Value Δ ($000) | Value Δ% | Principal | Option Type |
|---|