Latest TOBAM Stock Portfolio
TOBAM Performance:
2024 Q3: -9.14%YTD: -7.83%2023: -4.42%
Performance for 2024 Q3 is -9.14%, and YTD is -7.83%, and 2023 is -4.42%.
About TOBAM and 13F Hedge Fund Stock Holdings
In it's latest 13F Holdings report, TOBAM reported an equity portfolio of $548.4 Millions as of 30 Sep, 2024.
The top stock holdings of TOBAM are T, GIS, . The fund has invested 2.9% of it's portfolio in AT&T INC and 2.7% of portfolio in GENERAL MILLS INC.
The fund managers got completely rid off KELLANOVA (K), MARKETAXESS HOLDINGS INC (MKTX) and SUPER MICRO COMPUTER INC (SMCI) stocks. They significantly reduced their stock positions in COGNIZANT TECH SOLUTIONS-A (CTSH), INTEL CORP (INTC) and OPEN TEXT CORP (OTEX). TOBAM opened new stock positions in SUPER MICRO COMPUTER INC (SMCI), INCYTE CORP (INCY) and TESLA MOTORS INC (TSLA). The fund showed a lot of confidence in some stocks as they added substantially to DEXCOM INC (DXCM), EDWARDS LIFESCIENCES CORP (EW) and FORTINET INC (FTNT).
The top stock holdings of TOBAM are T, GIS, . The fund has invested 2.9% of it's portfolio in AT&T INC and 2.7% of portfolio in GENERAL MILLS INC.
The fund managers got completely rid off KELLANOVA (K), MARKETAXESS HOLDINGS INC (MKTX) and SUPER MICRO COMPUTER INC (SMCI) stocks. They significantly reduced their stock positions in COGNIZANT TECH SOLUTIONS-A (CTSH), INTEL CORP (INTC) and OPEN TEXT CORP (OTEX). TOBAM opened new stock positions in SUPER MICRO COMPUTER INC (SMCI), INCYTE CORP (INCY) and TESLA MOTORS INC (TSLA). The fund showed a lot of confidence in some stocks as they added substantially to DEXCOM INC (DXCM), EDWARDS LIFESCIENCES CORP (EW) and FORTINET INC (FTNT).
TOBAM Annual Return Estimates Vs S&P 500
Our best estimate is that TOBAM made a return of -9.14% in the last quarter. In trailing 12 months, it's portfolio return was -4.62%.
New Buys
| Ticker | $ Bought |
|---|---|
| super micro computer inc | 3,987,000 |
| incyte corp | 878,000 |
| tesla motors inc | 678,000 |
| insmed inc | 464,000 |
| amazon.com inc | 337,000 |
| tetra tech inc | 116,000 |
| saia inc | 100,000 |
| travelers cos inc/the | 97,000 |
New stocks bought by TOBAM
Additions
| Ticker | % Inc. |
|---|---|
| dexcom inc | 9,010 |
| edwards lifesciences corp | 2,756 |
| fortinet inc | 2,628 |
| keurig dr pepper inc | 1,424 |
| pure storage inc - class a | 1,402 |
| microstrategy inc-cl a | 1,137 |
| telus corp | 451 |
| deckers outdoor corp | 350 |
Additions to existing portfolio by TOBAM
Reductions
| Ticker | % Reduced |
|---|---|
| cognizant tech solutions-a | -89.83 |
| intel corp | -85.39 |
| open text corp | -84.33 |
| quest diagnostics | -83.51 |
| gildan activewear inc | -78.72 |
| cae inc | -74.3 |
| stantec inc | -72.18 |
| micron technology inc | -67.95 |
TOBAM reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| paramount global-class b | -3,348,000 |
| kellanova | -13,080,000 |
| globe life inc | -4,696,000 |
| marketaxess holdings inc | -8,310,000 |
| sirius xm radio inc | -1,141,000 |
| exact sciences corp | -843,000 |
| dropbox inc-class a | -441,000 |
| vermilion energy inc | -290,000 |
TOBAM got rid off the above stocks
Sector Distribution
TOBAM has about 31.6% of it's holdings in Healthcare sector.
| Sector | % |
|---|---|
| Healthcare | 31.6 |
| Consumer Defensive | 19 |
| Technology | 13.9 |
| Others | 8.5 |
| Communication Services | 7.7 |
| Financial Services | 6.3 |
| Consumer Cyclical | 5.7 |
| Industrials | 4.3 |
| Basic Materials | 1.7 |
Market Cap. Distribution
TOBAM has about 91% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| LARGE-CAP | 74.4 |
| MEGA-CAP | 16.6 |
| UNALLOCATED | 7.4 |
| MID-CAP | 1.2 |
Stocks belong to which Index?
About 74.2% of the stocks held by TOBAM either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| S&P 500 | 73.1 |
| Others | 25.9 |
| RUSSELL 2000 | 1.1 |
TOBAM Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of TOBAM
TOBAM has 319 stocks in it's portfolio. About 24.7% of the portfolio is in top 10 stocks. SMCI proved to be the most loss making stock for the portfolio. NEM was the most profitable stock for TOBAM last quarter.
Last Reported on: 09 Oct, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| A | agilent technologies inc | 0.02 | 824 | 122,000 | added | 50.92 | ||
| AAPL | apple inc | 0.54 | 12,836 | 2,991,000 | added | 0.09 | ||
| ABBV | abbvie inc | 2.45 | 67,967 | 13,422,000 | reduced | -26.62 | ||
| ABC | cencora inc | 1.03 | 25,030 | 5,634,000 | added | 85.67 | ||
| ABT | abbott laboratories | 0.06 | 3,039 | 346,000 | unchanged | 0.00 | ||
| ADBE | adobe inc | 0.08 | 875 | 453,000 | reduced | -9.23 | ||
| ADI | analog devices inc | 0.04 | 854 | 197,000 | unchanged | 0.00 | ||
| ADM | archer-daniels-midland co | 0.25 | 23,249 | 1,389,000 | reduced | -59.01 | ||
| ADP | automatic data processing | 0.04 | 839 | 232,000 | unchanged | 0.00 | ||
| ADSK | autodesk inc | 0.05 | 953 | 263,000 | added | 13.86 | ||
| AFL | aflac inc | 0.02 | 1,067 | 119,000 | unchanged | 0.00 | ||
| AGR | avangrid inc | 0.00 | 228 | 8,000 | added | 0.88 | ||
| AJG | arthur j gallagher & co | 0.02 | 325 | 91,000 | unchanged | 0.00 | ||
| AKAM | akamai technologies inc | 0.95 | 51,830 | 5,232,000 | added | 1.18 | ||
| ALL | allstate corp | 0.20 | 5,750 | 1,090,000 | added | 85.78 | ||
| ALNY | alnylam pharmaceuticals inc | 1.58 | 31,467 | 8,654,000 | added | 5.84 | ||
| AMAT | applied materials inc | 0.02 | 642 | 130,000 | unchanged | 0.00 | ||
| AMD | advanced micro devices | 0.20 | 6,632 | 1,088,000 | added | 10.7 | ||
| AME | ametek inc | 0.01 | 356 | 61,000 | reduced | -0.28 | ||
| AMGN | amgen inc | 0.07 | 1,271 | 410,000 | reduced | -11.67 | ||