Latest McGowan Group Asset Management, Inc. Stock Portfolio
McGowan Group Asset Management, Inc. Performance:
2024 Q3: 1.87%YTD: 9.42%2023: 1.57%
Performance for 2024 Q3 is 1.87%, and YTD is 9.42%, and 2023 is 1.57%.
About McGowan Group Asset Management, Inc. and 13F Hedge Fund Stock Holdings
McGowan Group Asset Management, Inc. is a hedge fund based in DALLAS, TX. On 30-Mar-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $776.6 Millions. In it's latest 13F Holdings report, McGowan Group Asset Management, Inc. reported an equity portfolio of $759.1 Millions as of 30 Sep, 2024.
The top stock holdings of McGowan Group Asset Management, Inc. are , , . The fund has invested 10.2% of it's portfolio in GENERAL MNY MKT FUND and 7.2% of portfolio in ALLIANCEBERSTEIN GLOBAL HIGH INCOME FD INC.
The fund managers got completely rid off HP INC COM (HPQ), SUPER MICRO COMPUTER INC (SMCI) and MESA RTY TR UNIT BEN INT (MTR) stocks. They significantly reduced their stock positions in VANECK VECTORS ETF TR GOLD MINERS ETF (AFK), MONDELEZ INTL INC CL A (MDLZ) and PEPSICO INC COM (PEP). McGowan Group Asset Management, Inc. opened new stock positions in DELL TECHNOLOGIES INC CL C (DELL), ALLSTATE CORP COM (ALL) and HONDA MTR LTD ADR (HMC). The fund showed a lot of confidence in some stocks as they added substantially to GOLDMAN SACHS ETF TR TR ACCESS ULTRA SHORT (GBIL), TOAST INC CL A (TOST) and NUVEEN DIVIDEND MUNICIPAL FUND.
The top stock holdings of McGowan Group Asset Management, Inc. are , , . The fund has invested 10.2% of it's portfolio in GENERAL MNY MKT FUND and 7.2% of portfolio in ALLIANCEBERSTEIN GLOBAL HIGH INCOME FD INC.
The fund managers got completely rid off HP INC COM (HPQ), SUPER MICRO COMPUTER INC (SMCI) and MESA RTY TR UNIT BEN INT (MTR) stocks. They significantly reduced their stock positions in VANECK VECTORS ETF TR GOLD MINERS ETF (AFK), MONDELEZ INTL INC CL A (MDLZ) and PEPSICO INC COM (PEP). McGowan Group Asset Management, Inc. opened new stock positions in DELL TECHNOLOGIES INC CL C (DELL), ALLSTATE CORP COM (ALL) and HONDA MTR LTD ADR (HMC). The fund showed a lot of confidence in some stocks as they added substantially to GOLDMAN SACHS ETF TR TR ACCESS ULTRA SHORT (GBIL), TOAST INC CL A (TOST) and NUVEEN DIVIDEND MUNICIPAL FUND.
McGowan Group Asset Management, Inc. Annual Return Estimates Vs S&P 500
Our best estimate is that McGowan Group Asset Management, Inc. made a return of 1.87% in the last quarter. In trailing 12 months, it's portfolio return was 10.49%.
New Buys
| Ticker | $ Bought |
|---|---|
| dell technologies inc cl c | 15,785,100 |
| allstate corp com | 390,448 |
| honda mtr ltd adr | 356,677 |
| permian res corp cl a | 279,673 |
| goodyear tire & rubber co com | 242,189 |
| palantir technologies inc cl a | 240,275 |
| mercadolibre inc | 231,871 |
| purecycle technologies inc | 223,041 |
New stocks bought by McGowan Group Asset Management, Inc.
Additions
| Ticker | % Inc. |
|---|---|
| goldman sachs etf tr tr access ultra short | 2,205 |
| toast inc cl a | 237 |
| nuveen dividend municipal fund | 228 |
| nuveen municipal credit income fund | 126 |
| verizon communications com | 99.62 |
| ford motor co del com par | 91.55 |
| nuveen insured tax free advantage | 80.78 |
| nuveen dividend advantage municipal fund | 80.77 |
Additions to existing portfolio by McGowan Group Asset Management, Inc.
Reductions
| Ticker | % Reduced |
|---|---|
| vaneck vectors etf tr gold miners etf | -57.49 |
| mondelez intl inc cl a | -39.8 |
| pepsico inc com | -39.18 |
| tesla mtrs inc com | -32.91 |
| cincinnati financial corp | -32.5 |
| novo nordisk as adr | -30.62 |
| unum group | -30.33 |
| merck & co inc new com | -30.15 |
McGowan Group Asset Management, Inc. reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| united sts treas nts 4.250 09/30/24 b/e dtd 09/30/22 | -461,727 |
| hp inc com | -15,594,600 |
| united states treas nts 2.000 06/30/24 b/e dtd 06/30/17 | -370,000 |
| united states treas nts 2.125 07/31/24 b/edtd 07/31/17 | -225,397 |
| mesa rty tr unit ben int | -279,196 |
| nuscale pwr corp | -204,259 |
| pbf energy inc cl a | -265,914 |
| vistra corp | -204,804 |
McGowan Group Asset Management, Inc. got rid off the above stocks
Sector Distribution
McGowan Group Asset Management, Inc. has about 59.8% of it's holdings in Others sector.
| Sector | % |
|---|---|
| Others | 59.8 |
| Energy | 13.6 |
| Healthcare | 6.8 |
| Technology | 6.5 |
| Industrials | 5 |
| Financial Services | 3.6 |
| Consumer Cyclical | 2.3 |
Market Cap. Distribution
McGowan Group Asset Management, Inc. has about 34.7% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| UNALLOCATED | 59.8 |
| LARGE-CAP | 18.2 |
| MEGA-CAP | 16.5 |
| MID-CAP | 5.5 |
Stocks belong to which Index?
About 24.3% of the stocks held by McGowan Group Asset Management, Inc. either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| Others | 74.7 |
| S&P 500 | 24.3 |
McGowan Group Asset Management, Inc. Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of McGowan Group Asset Management, Inc.
McGowan Group Asset Management, Inc. has 110 stocks in it's portfolio. About 53% of the portfolio is in top 10 stocks. MRK proved to be the most loss making stock for the portfolio. MMM was the most profitable stock for McGowan Group Asset Management, Inc. last quarter.
Last Reported on: 12 Nov, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| AAPL | apple inc com | 0.64 | 20,992 | 4,891,020 | reduced | -0.14 | ||
| ABBV | abbvie inc | 1.98 | 76,128 | 15,033,800 | reduced | -29.38 | ||
| ACES | alps etf tr alerian mlp etf | 0.11 | 18,146 | 855,225 | added | 0.02 | ||
| ACN | accenture plc ireland class shs isin#ie00b | 0.10 | 2,138 | 755,800 | reduced | -18.68 | ||
| ADBE | adobe sys inc com | 0.03 | 495 | 256,301 | added | 2.06 | ||
| AFK | vaneck vectors etf tr gold miners etf | 0.03 | 5,133 | 204,408 | reduced | -57.49 | ||
| ALL | allstate corp com | 0.05 | 2,059 | 390,448 | new | |||
| AMAT | applied materials inc | 0.08 | 2,868 | 579,426 | added | 0.14 | ||
| AMZN | amazon com inc | 0.50 | 20,169 | 3,758,090 | added | 1.84 | ||
| APH | amphenol corp new cl a | 0.09 | 9,967 | 649,550 | added | 0.01 | ||
| AZO | autozone inc | 0.03 | 67.00 | 211,053 | new | |||
| BWXT | bwx technologies inc com | 1.79 | 125,275 | 13,617,400 | added | 1.23 | ||
| CAT | caterpillar inc | 0.07 | 1,363 | 533,179 | added | 0.15 | ||
| CG | carlyle group inc com | 0.06 | 11,244 | 484,152 | reduced | -1.26 | ||
| CI | cigna corp | 0.07 | 1,583 | 548,480 | added | 0.64 | ||
| CINF | cincinnati financial corp | 0.07 | 3,787 | 515,486 | reduced | -32.5 | ||
| CL | colgate palmolive co com | 0.03 | 2,217 | 230,147 | reduced | -5.9 | ||
| COP | conocophillips com | 0.09 | 6,513 | 685,677 | unchanged | 0.00 | ||
| CQP | cheniere energy partners l p com unit rept | 1.53 | 238,570 | 11,623,100 | added | 0.37 | ||
| CSCO | cisco systems inc | 0.04 | 4,949 | 263,366 | added | 0.26 | ||