Latest Summit Street Capital Management, LLC Stock Portfolio
$273Million– No. of Holdings #29
Summit Street Capital Management, LLC Performance:
2024 Q2: -0.7%YTD: 3.71%2023: 13.05%
Performance for 2024 Q2 is -0.7%, and YTD is 3.71%, and 2023 is 13.05%.
About Summit Street Capital Management, LLC and 13F Hedge Fund Stock Holdings
In it's latest 13F Holdings report, Summit Street Capital Management, LLC reported an equity portfolio of $273.7 Millions as of 30 Jun, 2024.
The top stock holdings of Summit Street Capital Management, LLC are , UTHR, LRCX. The fund has invested 13% of it's portfolio in BERKSHIRE HATHAWAY INC DEL and 4.2% of portfolio in UNITED THERAPEUTICS CORP DEL.
The fund managers got completely rid off GILEAD SCIENCES INC (GILD) and MEDIFAST INC (MED) stocks. They significantly reduced their stock positions in MICRON TECHNOLOGY INC (MU), KLA CORP (KLAC) and APPLIED MATLS INC (AMAT). The fund showed a lot of confidence in some stocks as they added substantially to HUMANA INC (HUM), MAGNA INTL INC and GENTEX CORP (GNTX).
The top stock holdings of Summit Street Capital Management, LLC are , UTHR, LRCX. The fund has invested 13% of it's portfolio in BERKSHIRE HATHAWAY INC DEL and 4.2% of portfolio in UNITED THERAPEUTICS CORP DEL.
The fund managers got completely rid off GILEAD SCIENCES INC (GILD) and MEDIFAST INC (MED) stocks. They significantly reduced their stock positions in MICRON TECHNOLOGY INC (MU), KLA CORP (KLAC) and APPLIED MATLS INC (AMAT). The fund showed a lot of confidence in some stocks as they added substantially to HUMANA INC (HUM), MAGNA INTL INC and GENTEX CORP (GNTX).
Summit Street Capital Management, LLC Equity Portfolio Value
Last Reported on: 14 Aug, 2024
Summit Street Capital Management, LLC Annual Return Estimates Vs S&P 500
Our best estimate is that Summit Street Capital Management, LLC made a return of -0.7% in the last quarter. In trailing 12 months, it's portfolio return was 13.57%.
New Buys
Additions
| Ticker | % Inc. |
|---|---|
| humana inc | 53.52 |
| magna intl inc | 37.95 |
| gentex corp | 36.05 |
| cisco sys inc | 33.1 |
| molina healthcare inc | 27.14 |
| warner bros discovery inc | 21.98 |
| buckle inc | 21.43 |
| kulicke & soffa inds inc | 21.35 |
Additions to existing portfolio by Summit Street Capital Management, LLC
Reductions
| Ticker | % Reduced |
|---|---|
| micron technology inc | -21.78 |
| kla corp | -11.56 |
| applied matls inc | -8.89 |
Summit Street Capital Management, LLC reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| medifast inc | -1,130,440 |
| gilead sciences inc | -1,835,940 |
Summit Street Capital Management, LLC got rid off the above stocks
Sector Distribution
Summit Street Capital Management, LLC has about 27.7% of it's holdings in Technology sector.
| Sector | % |
|---|---|
| Technology | 27.7 |
| Others | 18.4 |
| Healthcare | 13.8 |
| Energy | 13.1 |
| Basic Materials | 12.2 |
| Communication Services | 7.4 |
| Consumer Cyclical | 5.1 |
| Industrials | 2.3 |
Market Cap. Distribution
Summit Street Capital Management, LLC has about 54.9% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| LARGE-CAP | 54.9 |
| MID-CAP | 23.9 |
| UNALLOCATED | 18.4 |
| SMALL-CAP | 2.9 |
Stocks belong to which Index?
About 69.7% of the stocks held by Summit Street Capital Management, LLC either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| S&P 500 | 50.6 |
| Others | 30.2 |
| RUSSELL 2000 | 19.1 |
Summit Street Capital Management, LLC Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of Summit Street Capital Management, LLC
Summit Street Capital Management, LLC has 29 stocks in it's portfolio. About 48.5% of the portfolio is in top 10 stocks. MOH proved to be the most loss making stock for the portfolio. UTHR was the most profitable stock for Summit Street Capital Management, LLC last quarter.
Last Reported on: 14 Aug, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| AMAT | applied matls inc | 4.13 | 47,908 | 11,305,800 | reduced | -8.89 | ||
| BKE | buckle inc | 2.92 | 216,452 | 7,995,740 | added | 21.43 | ||
| CEIX | consol energy inc new | 3.37 | 90,368 | 9,220,250 | added | 12.85 | ||
| CF | cf inds hldgs inc | 3.02 | 111,420 | 8,258,450 | added | 18.49 | ||
| CSCO | cisco sys inc | 2.93 | 168,713 | 8,015,560 | added | 33.1 | ||
| DINO | hf sinclair corp | 2.99 | 153,606 | 8,193,340 | added | 5.92 | ||
| ELV | elevance health inc | 3.35 | 16,941 | 9,179,650 | added | 6.61 | ||
| FOX | fox corp | 0.79 | 62,801 | 2,158,470 | unchanged | 0.00 | ||
| GILD | gilead sciences inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| GNTX | gentex corp | 2.19 | 178,028 | 6,001,320 | added | 36.05 | ||
| HCC | warrior met coal inc | 3.93 | 171,211 | 10,746,900 | added | 4.61 | ||
| HPQ | hp inc | 3.07 | 240,168 | 8,410,680 | added | 10.19 | ||
| HUM | humana inc | 3.06 | 22,398 | 8,369,010 | added | 53.52 | ||
| HUN | huntsman corp | 2.46 | 295,308 | 6,724,160 | added | 20.16 | ||
| IDCC | interdigital inc | 3.64 | 85,585 | 9,975,790 | unchanged | 0.00 | ||
| INTC | intel corp | 2.28 | 201,117 | 6,228,590 | unchanged | 0.00 | ||
| KLAC | kla corp | 4.11 | 13,648 | 11,252,900 | reduced | -11.56 | ||
| KLIC | kulicke & soffa inds inc | 2.95 | 164,370 | 8,085,360 | added | 21.35 | ||
| LRCX | lam research corp | 4.24 | 10,889 | 11,595,200 | added | 11.26 | ||
| LYB | lyondellbasell industries n | 2.83 | 81,002 | 7,748,650 | added | 14.04 | ||