14 November 2009

Columbus Circle - Our Portfolio Template (alpha)

We've been crunching up the new portfolio numbers from the 13f filings. We've combined them with Ford factors to give a picture of overall risk and recent (October) returns. We've created a template that we can replicate quickly as new companies report. Here's a look at Columbus Circle. You can learn more about them at columbuscircle.com (FYI They moved to Stamford,CT. Jeepers, Stamford is so '80s.)

Here are some nifty graphics showing the distribution by sector for CC's old and new portfolio with changes. CC loaded up on retailers and eased up on tech and consumer goods.

These show the changes by sector and ticker. You can see that tech and consumer are still the biggest areas of concentration. CC sold a chunk of ATVI and STJ and bought lots of standard momentum names.

The blue charts show the distribution of CC portfolio by sector again and by beta as well. You can see that CC runs a high beta portfolio as you'd expect. We've also estimated CC's October losses by beta (high beta names got hit worst) and industry (lost money on semiconductors, drugs, electronics; made money on financing).

No comments:

Post a Comment