Latest ABS Direct Equity Fund LLC Stock Portfolio
ABS Direct Equity Fund LLC Performance:
2024 Q3: 1.9%YTD: 3.69%
Performance for 2024 Q3 is 1.9%, and YTD is 3.69%.
About ABS Direct Equity Fund LLC and 13F Hedge Fund Stock Holdings
In it's latest 13F Holdings report, ABS Direct Equity Fund LLC reported an equity portfolio of $89.8 Millions as of 30 Sep, 2024.
The top stock holdings of ABS Direct Equity Fund LLC are PDD, FMX, AMX. The fund has invested 9% of it's portfolio in PDD HOLDINGS INC and 8.5% of portfolio in FOMENTO ECONOMICO MEXICANO S.
The fund managers got completely rid off R1 RCM INC (RCM), KASPI KZ JSC and VALE S A (VALE) stocks. They significantly reduced their stock positions in MERCADOLIBRE INC (MELI), BLUELINX HLDGS INC (BXC) and EXTREME NETWORKS (EXTR). ABS Direct Equity Fund LLC opened new stock positions in UNITED PARKS & RESORTS INC (SEAS), COCA-COLA FEMSA SAB DE CV (KOF) and MONTROSE ENVIRONMENTAL GROUP (MEG). The fund showed a lot of confidence in some stocks as they added substantially to PHINIA INC, KANZHUN LIMITED (BZ) and CROCS INC (CROX).
The top stock holdings of ABS Direct Equity Fund LLC are PDD, FMX, AMX. The fund has invested 9% of it's portfolio in PDD HOLDINGS INC and 8.5% of portfolio in FOMENTO ECONOMICO MEXICANO S.
The fund managers got completely rid off R1 RCM INC (RCM), KASPI KZ JSC and VALE S A (VALE) stocks. They significantly reduced their stock positions in MERCADOLIBRE INC (MELI), BLUELINX HLDGS INC (BXC) and EXTREME NETWORKS (EXTR). ABS Direct Equity Fund LLC opened new stock positions in UNITED PARKS & RESORTS INC (SEAS), COCA-COLA FEMSA SAB DE CV (KOF) and MONTROSE ENVIRONMENTAL GROUP (MEG). The fund showed a lot of confidence in some stocks as they added substantially to PHINIA INC, KANZHUN LIMITED (BZ) and CROCS INC (CROX).
ABS Direct Equity Fund LLC Annual Return Estimates Vs S&P 500
Our best estimate is that ABS Direct Equity Fund LLC made a return of 1.9% in the last quarter. In trailing 12 months, it's portfolio return was 14.97%.
New Buys
| Ticker | $ Bought |
|---|---|
| united parks & resorts inc | 3,542,000 |
| coca-cola femsa sab de cv | 1,002,540 |
| montrose environmental group | 451,413 |
| ke hldgs inc | 436,029 |
| pampa energia s a | 360,240 |
| ypf sociedad anonima | 318,150 |
New stocks bought by ABS Direct Equity Fund LLC
Additions
| Ticker | % Inc. |
|---|---|
| phinia inc | 12,400 |
| kanzhun limited | 84.47 |
| crocs inc | 66.67 |
| i3 verticals inc | 40.00 |
| full truck alliance co ltd | 36.72 |
| pdd holdings inc | 24.16 |
| euronet worldwide inc | 21.77 |
| america movil sab de cv | 21.42 |
Additions to existing portfolio by ABS Direct Equity Fund LLC
Reductions
| Ticker | % Reduced |
|---|---|
| mercadolibre inc | -64.99 |
| bluelinx hldgs inc | -53.87 |
| extreme networks | -43.33 |
| transportadora de gas sur | -32.59 |
| cemex sab de cv | -20.22 |
| griffon corp | -10.71 |
| fomento economico mexicano s | -7.5 |
| asbury automotive group inc | -6.67 |
ABS Direct Equity Fund LLC reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| r1 rcm inc | -4,710,000 |
| controladora vuela comp de a | -750,480 |
| vale s a | -1,234,540 |
| kaspi kz jsc | -2,314,180 |
| skyline champion corporation | -677,500 |
| vipshop hldgs ltd | -64,840 |
ABS Direct Equity Fund LLC got rid off the above stocks
Sector Distribution
ABS Direct Equity Fund LLC has about 63.1% of it's holdings in Others sector.
| Sector | % |
|---|---|
| Others | 63.1 |
| Technology | 14.8 |
| Consumer Cyclical | 13 |
| Industrials | 9.2 |
Market Cap. Distribution
ABS Direct Equity Fund LLC has about 1.1% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| UNALLOCATED | 63.1 |
| SMALL-CAP | 19.8 |
| MID-CAP | 16 |
| LARGE-CAP | 1.1 |
Stocks belong to which Index?
About 30.5% of the stocks held by ABS Direct Equity Fund LLC either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| Others | 69.5 |
| RUSSELL 2000 | 30.5 |
ABS Direct Equity Fund LLC Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of ABS Direct Equity Fund LLC
ABS Direct Equity Fund LLC has 39 stocks in it's portfolio. About 54% of the portfolio is in top 10 stocks. XPOF proved to be the most loss making stock for the portfolio. SWIM was the most profitable stock for ABS Direct Equity Fund LLC last quarter.
Last Reported on: 15 Nov, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| ABG | asbury automotive group inc | 1.86 | 7,000 | 1,670,130 | reduced | -6.67 | ||
| ALTG | alta equipment group inc | 1.57 | 209,200 | 1,410,010 | reduced | -4.91 | ||
| AMX | america movil sab de cv | 7.54 | 413,922 | 6,771,760 | added | 21.42 | ||
| ASR | grupo aeroportuario del sure | 2.19 | 6,970 | 1,970,840 | added | 4.65 | ||
| BABA | alibaba group hldg ltd | 1.41 | 11,900 | 1,262,830 | unchanged | 0.00 | ||
| BEKE | ke hldgs inc | 0.49 | 21,900 | 436,029 | new | |||
| BXC | bluelinx hldgs inc | 1.08 | 9,226 | 972,605 | reduced | -53.87 | ||
| BZ | kanzhun limited | 2.01 | 104,172 | 1,808,430 | added | 84.47 | ||
| CROX | crocs inc | 2.02 | 12,500 | 1,810,120 | added | 66.67 | ||
| CX | cemex sab de cv | 4.00 | 588,000 | 3,586,800 | reduced | -20.22 | ||
| EEFT | euronet worldwide inc | 3.32 | 30,000 | 2,976,900 | added | 21.77 | ||
| EXTR | extreme networks | 1.42 | 85,000 | 1,277,550 | reduced | -43.33 | ||
| FMX | fomento economico mexicano s | 8.54 | 77,700 | 7,669,770 | reduced | -7.5 | ||
| GFF | griffon corp | 4.87 | 62,500 | 4,375,000 | reduced | -10.71 | ||
| HTHT | h world group ltd | 2.69 | 64,994 | 2,417,780 | unchanged | 0.00 | ||
| IIIV | i3 verticals inc | 0.83 | 35,000 | 745,850 | added | 40.00 | ||
| IMXI | international mny express in | 1.54 | 75,000 | 1,386,750 | unchanged | 0.00 | ||
| KOF | coca-cola femsa sab de cv | 1.12 | 11,300 | 1,002,540 | new | |||
| LEGH | legacy housing corp | 1.52 | 50,000 | 1,367,500 | added | 3.25 | ||
| MEG | montrose environmental group | 0.50 | 17,164 | 451,413 | new | |||