Q4 2019
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| NOW | Buy | SERVICENOW INC | $17,306,000 | +107.2% | 61,300 | +86.3% | 7.86% | +50.2% |
| MSGS | Buy | MADISON SQUARE GARDEN CO NEWcl a | $16,285,000 | +32.0% | 55,356 | +18.2% | 7.40% | -4.4% |
| AMZN | Buy | AMAZON COM INC | $15,980,000 | +10.1% | 8,648 | +3.5% | 7.26% | -20.2% |
| TEAM | Buy | ATLASSIAN CORP PLCcl a | $13,334,000 | +456.5% | 110,800 | +480.1% | 6.06% | +303.3% |
| LBRDK | Buy | LIBERTY BROADBAND CORP | $12,829,000 | +21.8% | 102,016 | +1.4% | 5.83% | -11.7% |
| IAC | New | IAC INTERACTIVECORP | $11,185,000 | – | 44,900 | – | 5.08% | – |
| IGV | New | ISHARES TRput | $10,137,000 | – | 43,500 | – | 4.60% | – |
| MSFT | Sell | MICROSOFT CORP | $8,877,000 | -44.4% | 56,292 | -51.0% | 4.03% | -59.7% |
| CRM | Sell | SALESFORCE COM INC | $8,726,000 | -15.0% | 53,655 | -22.4% | 3.96% | -38.4% |
| GLIBA | Buy | GCI LIBERTY INC | $8,580,000 | +17.1% | 121,100 | +2.5% | 3.90% | -15.2% |
| NFLX | New | NETFLIX INC | $8,413,000 | – | 26,000 | – | 3.82% | – |
| FB | New | FACEBOOK INCcl a | $8,272,000 | – | 40,300 | – | 3.76% | – |
| SQ | New | SQUARE INCcl a | $7,939,000 | – | 126,900 | – | 3.61% | – |
| EXPE | New | EXPEDIA GROUP INC | $7,797,000 | – | 72,100 | – | 3.54% | – |
| QQQ | New | INVESCO QQQ TRput | $7,654,000 | – | 36,000 | – | 3.48% | – |
| BIDU | New | BAIDU INCspon adr rep a | $6,661,000 | – | 52,700 | – | 3.03% | – |
| PDD | New | PINDUODUO INCsponsored ads | $6,407,000 | – | 169,400 | – | 2.91% | – |
| BILI | Sell | BILIBILI INCspons ads rep z | $6,281,000 | +3.4% | 337,300 | -21.6% | 2.85% | -25.1% |
| CNNE | Sell | CANNAE HLDGS INC | $5,643,000 | -48.4% | 151,742 | -61.9% | 2.56% | -62.6% |
| TMUS | Sell | T MOBILE US INC | $5,358,000 | -71.1% | 68,319 | -70.9% | 2.43% | -79.0% |
| KWEB | New | KRANESHARES TRput | $4,381,000 | – | 90,000 | – | 1.99% | – |
| UPWK | New | UPWORK INC | $4,323,000 | – | 405,140 | – | 1.96% | – |
| ROKU | New | ROKU INC | $3,843,000 | – | 28,700 | – | 1.75% | – |
| ATUS | New | ALTICE USA INCcl a | $3,489,000 | – | 127,600 | – | 1.58% | – |
| ZM | New | ZOOM VIDEO COMMUNICATIONS INcl a | $2,946,000 | – | 43,300 | – | 1.34% | – |
| TLRA | New | TELARIA INC | $2,821,000 | – | 320,200 | – | 1.28% | – |
| WDAY | New | WORKDAY INCcl a | $2,681,000 | – | 16,300 | – | 1.22% | – |
| PD | New | PAGERDUTY INC | $1,988,000 | – | 85,000 | – | 0.90% | – |
| PINS | Exit | PINTEREST INCcl a | $0 | – | -130,800 | – | -2.17% | – |
| PLAN | Exit | ANAPLAN INC | $0 | – | -79,400 | – | -2.34% | – |
| SE | Exit | SEA LTDsponsored ads | $0 | – | -159,600 | – | -3.10% | – |
| ATVI | Exit | ACTIVISION BLIZZARD INC | $0 | – | -116,800 | – | -3.88% | – |
| SPOT | Exit | SPOTIFY TECHNOLOGY S A | $0 | – | -55,704 | – | -3.98% | – |
| GOOG | Exit | ALPHABET INCcap stk cl c | $0 | – | -6,415 | – | -4.90% | – |
| BABA | Exit | ALIBABA GROUP HLDG LTDsponsored ads | $0 | – | -58,669 | – | -6.15% | – |
Q3 2019
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| TMUS | Buy | T MOBILE US INC | $18,508,000 | +22.9% | 234,960 | +15.7% | 11.60% | +51.6% |
| MSFT | Sell | MICROSOFT CORP | $15,960,000 | -9.7% | 114,792 | -13.0% | 10.01% | +11.4% |
| AMZN | Buy | AMAZON COM INC | $14,509,000 | +63.0% | 8,358 | +77.8% | 9.10% | +101.0% |
| MSGS | Buy | MADISON SQUARE GARDEN CO NEWcl a | $12,339,000 | +76.9% | 46,824 | +87.9% | 7.74% | +118.0% |
| CNNE | Buy | CANNAE HLDGS INC | $10,942,000 | -0.8% | 398,342 | +4.6% | 6.86% | +22.2% |
| LBRDK | Sell | LIBERTY BROADBAND CORP | $10,531,000 | -20.1% | 100,616 | -20.4% | 6.60% | -1.5% |
| CRM | Buy | SALESFORCE COM INC | $10,265,000 | +32.0% | 69,155 | +34.9% | 6.44% | +62.7% |
| BABA | Sell | ALIBABA GROUP HLDG LTDsponsored ads | $9,811,000 | -52.1% | 58,669 | -51.5% | 6.15% | -40.9% |
| NOW | New | SERVICENOW INC | $8,352,000 | – | 32,900 | – | 5.24% | – |
| GOOG | Sell | ALPHABET INCcap stk cl c | $7,820,000 | -13.0% | 6,415 | -22.9% | 4.90% | +7.3% |
| GLIBA | New | GCI LIBERTY INC | $7,330,000 | – | 118,100 | – | 4.60% | – |
| SPOT | New | SPOTIFY TECHNOLOGY S A | $6,350,000 | – | 55,704 | – | 3.98% | – |
| ATVI | New | ACTIVISION BLIZZARD INC | $6,181,000 | – | 116,800 | – | 3.88% | – |
| BILI | New | BILIBILI INCspons ads rep z | $6,076,000 | – | 430,300 | – | 3.81% | – |
| SE | Buy | SEA LTDsponsored ads | $4,940,000 | +2.1% | 159,600 | +9.5% | 3.10% | +25.8% |
| PLAN | New | ANAPLAN INC | $3,732,000 | – | 79,400 | – | 2.34% | – |
| PINS | New | PINTEREST INCcl a | $3,460,000 | – | 130,800 | – | 2.17% | – |
| TEAM | New | ATLASSIAN CORP PLCcl a | $2,396,000 | – | 19,100 | – | 1.50% | – |
| RPD | Exit | RAPID7 INC | $0 | – | -90,442 | – | -2.66% | – |
| SONY | Exit | SONY CORPsponsored adr | $0 | – | -103,500 | – | -2.76% | – |
| CMCSA | Exit | COMCAST CORP NEWcl a | $0 | – | -251,664 | – | -5.41% | – |
| ADBE | Exit | ADOBE INC | $0 | – | -39,548 | – | -5.93% | – |
| FB | Exit | FACEBOOK INCcall | $0 | – | -65,000 | – | -6.38% | – |
| BABA | Exit | ALIBABA GROUP HLDG LTDcall | $0 | – | -101,500 | – | -8.75% | – |
| SPY | Exit | SPDR S&P 500 ETF TRput | $0 | – | -65,000 | – | -9.69% | – |
Q2 2019
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| BABA | New | ALIBABA GROUP HLDG LTDsponsored ads | $20,481,000 | – | 120,869 | – | 10.42% | – |
| SPY | New | SPDR S&P 500 ETF TRput | $19,045,000 | – | 65,000 | – | 9.69% | – |
| MSFT | New | MICROSOFT CORP | $17,668,000 | – | 131,892 | – | 8.98% | – |
| BABA | New | ALIBABA GROUP HLDG LTDcall | $17,200,000 | – | 101,500 | – | 8.75% | – |
| TMUS | New | T MOBILE US INC | $15,055,000 | – | 203,060 | – | 7.66% | – |
| LBRDK | New | LIBERTY BROADBAND CORP | $13,175,000 | – | 126,416 | – | 6.70% | – |
| FB | New | FACEBOOK INCcall | $12,545,000 | – | 65,000 | – | 6.38% | – |
| ADBE | New | ADOBE INC | $11,653,000 | – | 39,548 | – | 5.93% | – |
| CNNE | New | CANNAE HLDGS INC | $11,034,000 | – | 380,742 | – | 5.61% | – |
| CMCSA | New | COMCAST CORP NEWcl a | $10,640,000 | – | 251,664 | – | 5.41% | – |
| GOOG | New | ALPHABET INCcap stk cl c | $8,988,000 | – | 8,315 | – | 4.57% | – |
| AMZN | New | AMAZON COM INC | $8,900,000 | – | 4,700 | – | 4.53% | – |
| CRM | New | SALESFORCE COM INC | $7,777,000 | – | 51,255 | – | 3.96% | – |
| MSGS | New | MADISON SQUARE GARDEN CO NEWcl a | $6,977,000 | – | 24,924 | – | 3.55% | – |
| SONY | New | SONY CORPsponsored adr | $5,422,000 | – | 103,500 | – | 2.76% | – |
| RPD | New | RAPID7 INC | $5,231,000 | – | 90,442 | – | 2.66% | – |
| SE | New | SEA LTDsponsored ads | $4,840,000 | – | 145,700 | – | 2.46% | – |
Q4 2018
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| VGR | Exit | VECTOR GROUP LTDput | $0 | – | -150,000 | – | -0.51% | – |
| MTZ | Exit | MASTEC INCput | $0 | – | -48,800 | – | -0.54% | – |
| BDC | Exit | BELDEN INCput | $0 | – | -30,700 | – | -0.54% | – |
| GWRE | Exit | GUIDEWIRE SOFTWARE INC | $0 | – | -40,900 | – | -1.02% | – |
| NFLX | Exit | NETFLIX INC | $0 | – | -22,200 | – | -2.06% | – |
| NFLX | Exit | NETFLIX INCcall | $0 | – | -22,900 | – | -2.13% | – |
| FB | Exit | FACEBOOK INCcl a | $0 | – | -74,300 | – | -3.03% | – |
| FB | Exit | FACEBOOK INCcall | $0 | – | -76,400 | – | -3.12% | – |
| SPOT | Exit | SPOTIFY TECHNOLOGY S A | $0 | – | -82,700 | – | -3.71% | – |
| CMCSA | Exit | COMCAST CORP NEWcl a | $0 | – | -433,476 | – | -3.81% | – |
| SGMS | Exit | SCIENTIFIC GAMES CORPcall | $0 | – | -615,300 | – | -3.88% | – |
| TV | Exit | GRUPO TELEVISA SAspon adr rep ord | $0 | – | -1,003,585 | – | -4.42% | – |
| TTWO | Exit | TAKE-TWO INTERACTIVE SOFTWAR | $0 | – | -133,029 | – | -4.55% | – |
| AMZN | Exit | AMAZON COM INC | $0 | – | -10,569 | – | -5.25% | – |
| MOMO | Exit | MOMO INCadr | $0 | – | -510,708 | – | -5.55% | – |
| PYPL | Exit | PAYPAL HLDGS INC | $0 | – | -303,327 | – | -6.61% | – |
| ADBE | Exit | ADOBE SYS INC | $0 | – | -100,267 | – | -6.72% | – |
| COUP | Exit | COUPA SOFTWARE INC | $0 | – | -389,485 | – | -7.64% | – |
| EA | Exit | ELECTRONIC ARTS INC | $0 | – | -259,100 | – | -7.74% | – |
| FOXA | Exit | TWENTY FIRST CENTY FOX INCcl a | $0 | – | -714,306 | – | -8.21% | – |
| MSFT | Exit | MICROSOFT CORP | $0 | – | -327,164 | – | -9.28% | – |
| TMUS | Exit | T MOBILE US INC | $0 | – | -555,361 | – | -9.67% | – |
Q3 2018
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| TMUS | Buy | T MOBILE US INC | $38,975,000 | +49.4% | 555,361 | +27.2% | 9.67% | +81.1% |
| MSFT | Sell | MICROSOFT CORP | $37,418,000 | +0.5% | 327,164 | -13.3% | 9.28% | +21.8% |
| FOXA | Buy | TWENTY FIRST CENTY FOX INCcl a | $33,094,000 | +67.3% | 714,306 | +79.4% | 8.21% | +102.8% |
| EA | Buy | ELECTRONIC ARTS INC | $31,219,000 | +71.9% | 259,100 | +101.2% | 7.74% | +108.3% |
| COUP | Buy | COUPA SOFTWARE INC | $30,808,000 | +43.0% | 389,485 | +12.5% | 7.64% | +73.3% |
| ADBE | Sell | ADOBE SYS INC | $27,067,000 | -18.5% | 100,267 | -26.4% | 6.72% | -1.2% |
| PYPL | Buy | PAYPAL HLDGS INC | $26,644,000 | +24.4% | 303,327 | +17.9% | 6.61% | +50.8% |
| MOMO | Buy | MOMO INCadr | $22,369,000 | +236.0% | 510,708 | +233.7% | 5.55% | +307.1% |
| AMZN | Buy | AMAZON COM INC | $21,170,000 | +35.7% | 10,569 | +15.1% | 5.25% | +64.4% |
| TTWO | Buy | TAKE-TWO INTERACTIVE SOFTWAR | $18,357,000 | +45.8% | 133,029 | +25.1% | 4.55% | +76.7% |
| TV | Sell | GRUPO TELEVISA SAspon adr rep ord | $17,804,000 | -41.6% | 1,003,585 | -37.6% | 4.42% | -29.2% |
| SGMS | New | SCIENTIFIC GAMES CORPcall | $15,629,000 | – | 615,300 | – | 3.88% | – |
| CMCSA | New | COMCAST CORP NEWcl a | $15,349,000 | – | 433,476 | – | 3.81% | – |
| SPOT | Buy | SPOTIFY TECHNOLOGY S A | $14,955,000 | +42.2% | 82,700 | +32.3% | 3.71% | +72.4% |
| FB | New | FACEBOOK INCcall | $12,565,000 | – | 76,400 | – | 3.12% | – |
| FB | Sell | FACEBOOK INCcl a | $12,219,000 | -79.0% | 74,300 | -75.2% | 3.03% | -74.5% |
| NFLX | New | NETFLIX INCcall | $8,568,000 | – | 22,900 | – | 2.13% | – |
| NFLX | New | NETFLIX INC | $8,306,000 | – | 22,200 | – | 2.06% | – |
| GWRE | New | GUIDEWIRE SOFTWARE INC | $4,131,000 | – | 40,900 | – | 1.02% | – |
| BDC | New | BELDEN INCput | $2,192,000 | – | 30,700 | – | 0.54% | – |
| MTZ | New | MASTEC INCput | $2,179,000 | – | 48,800 | – | 0.54% | – |
| VGR | New | VECTOR GROUP LTDput | $2,067,000 | – | 150,000 | – | 0.51% | – |
| FDC | Exit | FIRST DATA CORP NEW | $0 | – | -253,000 | – | -1.08% | – |
| JD | Exit | JD COM INCspon adr cl a | $0 | – | -142,000 | – | -1.13% | – |
| CMCSA | Exit | COMCAST CORP NEWcall | $0 | – | -250,000 | – | -1.68% | – |
| SBGI | Exit | SINCLAIR BROADCAST GROUP INCcall | $0 | – | -294,100 | – | -1.94% | – |
| SBGI | Exit | SINCLAIR BROADCAST GROUP INCcl a | $0 | – | -335,600 | – | -2.21% | – |
| PFPT | Exit | PROOFPOINT INC | $0 | – | -103,500 | – | -2.44% | – |
| GDDY | Exit | GODADDY INCcl a | $0 | – | -297,300 | – | -4.30% | – |
| AVGO | Exit | BROADCOM INC | $0 | – | -107,050 | – | -5.32% | – |
| BABA | Exit | ALIBABA GROUP HLDG LTDsponsored ads | $0 | – | -175,400 | – | -6.66% | – |
| ELLI | Exit | ELLIE MAE INC | $0 | – | -446,600 | – | -9.49% | – |
Q2 2018
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| FB | New | FACEBOOK INCcl a | $58,160,000 | – | 299,300 | – | 11.90% | – |
| ELLI | New | ELLIE MAE INC | $46,375,000 | – | 446,600 | – | 9.49% | – |
| MSFT | New | MICROSOFT CORP | $37,225,000 | – | 377,500 | – | 7.62% | – |
| ADBE | New | ADOBE SYS INC | $33,214,000 | – | 136,229 | – | 6.80% | – |
| BABA | New | ALIBABA GROUP HLDG LTDsponsored ads | $32,542,000 | – | 175,400 | – | 6.66% | – |
| TV | New | GRUPO TELEVISA SAspon adr rep ord | $30,489,000 | – | 1,608,925 | – | 6.24% | – |
| TMUS | New | T MOBILE US INC | $26,090,000 | – | 436,661 | – | 5.34% | – |
| AVGO | New | BROADCOM INC | $25,975,000 | – | 107,050 | – | 5.32% | – |
| COUP | New | COUPA SOFTWARE INC | $21,545,000 | – | 346,157 | – | 4.41% | – |
| PYPL | New | PAYPAL HLDGS INC | $21,417,000 | – | 257,200 | – | 4.38% | – |
| GDDY | New | GODADDY INCcl a | $20,989,000 | – | 297,300 | – | 4.30% | – |
| FOXA | New | TWENTY FIRST CENTY FOX INCcl a | $19,782,000 | – | 398,100 | – | 4.05% | – |
| EA | New | ELECTRONIC ARTS INC | $18,163,000 | – | 128,800 | – | 3.72% | – |
| AMZN | New | AMAZON COM INC | $15,602,000 | – | 9,179 | – | 3.19% | – |
| TTWO | New | TAKE-TWO INTERACTIVE SOFTWAR | $12,590,000 | – | 106,370 | – | 2.58% | – |
| PFPT | New | PROOFPOINT INC | $11,935,000 | – | 103,500 | – | 2.44% | – |
| SBGI | New | SINCLAIR BROADCAST GROUP INCcl a | $10,790,000 | – | 335,600 | – | 2.21% | – |
| SPOT | New | SPOTIFY TECHNOLOGY S A | $10,515,000 | – | 62,500 | – | 2.15% | – |
| SBGI | New | SINCLAIR BROADCAST GROUP INCcall | $9,455,000 | – | 294,100 | – | 1.94% | – |
| CMCSA | New | COMCAST CORP NEWcall | $8,203,000 | – | 250,000 | – | 1.68% | – |
| MOMO | New | MOMO INCadr | $6,657,000 | – | 153,034 | – | 1.36% | – |
| JD | New | JD COM INCspon adr cl a | $5,531,000 | – | 142,000 | – | 1.13% | – |
| FDC | New | FIRST DATA CORP NEW | $5,295,000 | – | 253,000 | – | 1.08% | – |
Q4 2017
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| CCOI | Exit | COGENT COMMUNICATIONS HLDGS | $0 | – | -218,520 | – | -2.51% | – |
| TV | Exit | GRUPO TELEVISA SAspon adr rep ord | $0 | – | -671,001 | – | -3.89% | – |
| AVGO | Exit | BROADCOM LTD | $0 | – | -96,545 | – | -5.50% | – |
| NOW | Exit | SERVICENOW INC | $0 | – | -208,146 | – | -5.75% | – |
| CMCSA | Exit | COMCAST CORP NEWcl a | $0 | – | -764,100 | – | -6.91% | – |
| TTWO | Exit | TAKE-TWO INTERACTIVE SOFTWAR | $0 | – | -288,115 | – | -6.92% | – |
| ZAYO | Exit | ZAYO GROUP HLDGS INC | $0 | – | -864,678 | – | -6.99% | – |
| PM | Exit | PHILIP MORRIS INTL INC | $0 | – | -283,600 | – | -7.40% | – |
| ADBE | Exit | ADOBE SYS INC | $0 | – | -220,217 | – | -7.72% | – |
| BABA | Exit | ALIBABA GROUP HLDG LTDsponsored ads | $0 | – | -196,849 | – | -7.99% | – |
| EXPE | Exit | EXPEDIA INC DEL | $0 | – | -245,591 | – | -8.30% | – |
| BTI | Exit | BRITISH AMERN TOB PLCsponsored adr | $0 | – | -630,500 | – | -9.25% | – |
| GOOGL | Exit | ALPHABET INCcap stk cl a | $0 | – | -45,153 | – | -10.33% | – |
| FB | Exit | FACEBOOK INCcl a | $0 | – | -262,595 | – | -10.54% | – |
Q3 2017
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| FB | Buy | FACEBOOK INCcl a | $44,870,000 | +123.0% | 262,595 | +97.0% | 10.54% | +46.8% |
| GOOGL | Buy | ALPHABET INCcap stk cl a | $43,966,000 | +26.3% | 45,153 | +20.6% | 10.33% | -16.8% |
| BTI | Buy | BRITISH AMERN TOB PLCsponsored adr | $39,375,000 | +66.2% | 630,500 | +82.4% | 9.25% | +9.5% |
| EXPE | Buy | EXPEDIA INC DEL | $35,350,000 | +241.1% | 245,591 | +253.0% | 8.30% | +124.6% |
| BABA | Buy | ALIBABA GROUP HLDG LTDsponsored ads | $33,998,000 | +64.6% | 196,849 | +34.3% | 7.99% | +8.4% |
| ADBE | Buy | ADOBE SYS INC | $32,852,000 | +215.9% | 220,217 | +199.5% | 7.72% | +108.0% |
| PM | Buy | PHILIP MORRIS INTL INC | $31,482,000 | +202.9% | 283,600 | +220.5% | 7.40% | +99.5% |
| ZAYO | Buy | ZAYO GROUP HLDGS INC | $29,762,000 | +86.7% | 864,678 | +67.6% | 6.99% | +22.9% |
| TTWO | Buy | TAKE-TWO INTERACTIVE SOFTWAR | $29,454,000 | +54.3% | 288,115 | +10.8% | 6.92% | +1.6% |
| CMCSA | New | COMCAST CORP NEWcl a | $29,403,000 | – | 764,100 | – | 6.91% | – |
| NOW | Buy | SERVICENOW INC | $24,463,000 | +49.0% | 208,146 | +34.4% | 5.75% | -1.9% |
| AVGO | Sell | BROADCOM LTD | $23,416,000 | -26.5% | 96,545 | -29.4% | 5.50% | -51.6% |
| TV | New | GRUPO TELEVISA SAspon adr rep ord | $16,554,000 | – | 671,001 | – | 3.89% | – |
| CCOI | Sell | COGENT COMMUNICATIONS HLDGS | $10,686,000 | +10.3% | 218,520 | -9.5% | 2.51% | -27.3% |
| MU | Exit | MICRON TECHNOLOGY INCcall | $0 | – | -210,000 | – | -2.24% | – |
| EA | Exit | ELECTRONIC ARTS INC | $0 | – | -75,164 | – | -2.84% | – |
| AABA | Exit | ALTABA INC | $0 | – | -146,803 | – | -2.85% | – |
| CCI | Exit | CROWN CASTLE INTL CORP NEW | $0 | – | -111,887 | – | -4.00% | – |
| AMC | Exit | AMC ENTMT HLDGS INC | $0 | – | -1,031,212 | – | -8.37% | – |
Q2 2017
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| GOOGL | New | ALPHABET INCcap stk cl a | $34,819,000 | – | 37,453 | – | 12.42% | – |
| AVGO | New | BROADCOM LTD | $31,847,000 | – | 136,655 | – | 11.36% | – |
| BTI | New | BRITISH AMERN TOB PLCsponsored adr | $23,688,000 | – | 345,607 | – | 8.45% | – |
| AMC | New | AMC ENTMT HLDGS INC | $23,460,000 | – | 1,031,212 | – | 8.37% | – |
| BABA | New | ALIBABA GROUP HLDG LTDsponsored ads | $20,649,000 | – | 146,549 | – | 7.37% | – |
| FB | New | FACEBOOK INCcl a | $20,125,000 | – | 133,295 | – | 7.18% | – |
| TTWO | New | TAKE-TWO INTERACTIVE SOFTWAR | $19,087,000 | – | 260,115 | – | 6.81% | – |
| NOW | New | SERVICENOW INC | $16,414,000 | – | 154,846 | – | 5.86% | – |
| ZAYO | New | ZAYO GROUP HLDGS INC | $15,940,000 | – | 515,873 | – | 5.69% | – |
| CCI | New | CROWN CASTLE INTL CORP NEW | $11,209,000 | – | 111,887 | – | 4.00% | – |
| ADBE | New | ADOBE SYS INC | $10,398,000 | – | 73,517 | – | 3.71% | – |
| PM | New | PHILIP MORRIS INTL INC | $10,394,000 | – | 88,500 | – | 3.71% | – |
| EXPE | New | EXPEDIA INC DEL | $10,363,000 | – | 69,576 | – | 3.70% | – |
| CCOI | New | COGENT COMMUNICATIONS HLDGS | $9,684,000 | – | 241,497 | – | 3.46% | – |
| AABA | New | ALTABA INC | $7,998,000 | – | 146,803 | – | 2.85% | – |
| EA | New | ELECTRONIC ARTS INC | $7,946,000 | – | 75,164 | – | 2.84% | – |
| MU | New | MICRON TECHNOLOGY INCcall | $6,271,000 | – | 210,000 | – | 2.24% | – |
Q4 2016
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| SATS | Exit | ECHOSTAR CORPcl a | $0 | – | -36,206 | – | -0.49% | – |
| EVC | Exit | ENTRAVISION COMMUNICATIONS Ccl a | $0 | – | -1,179,936 | – | -2.80% | – |
| EXPE | Exit | EXPEDIA INC DEL | $0 | – | -93,126 | – | -3.39% | – |
| CCOI | Exit | COGENT COMMUNICATIONS HLDGS | $0 | – | -393,868 | – | -4.52% | – |
| AVGO | Exit | BROADCOM LTD | $0 | – | -86,964 | – | -4.67% | – |
| STMP | Exit | STAMPS COM INC | $0 | – | -161,420 | – | -4.75% | – |
| TV | Exit | GRUPO TELEVISA SAspon adr rep ord | $0 | – | -692,353 | – | -5.54% | – |
| CHTR | Exit | CHARTER COMMUNICATIONS INC Ncl a | $0 | – | -91,086 | – | -7.66% | – |
| FOXA | Exit | TWENTY FIRST CENTY FOX INCcl a | $0 | – | -1,059,842 | – | -8.00% | – |
| ZAYO | Exit | ZAYO GROUP HLDGS INC | $0 | – | -1,023,551 | – | -9.47% | – |
| MSFT | Exit | MICROSOFT CORP | $0 | – | -640,070 | – | -11.48% | – |
| GOOGL | Exit | ALPHABET INCcap stk cl a | $0 | – | -45,933 | – | -11.50% | – |
| TMUS | Exit | T MOBILE US INC | $0 | – | -821,220 | – | -11.95% | – |
| CCI | Exit | CROWN CASTLE INTL CORP NEW | $0 | – | -469,530 | – | -13.78% | – |
Q3 2016
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| CCI | Buy | CROWN CASTLE INTL CORP NEW | $44,234,000 | +39.4% | 469,530 | +50.1% | 13.78% | +25.9% |
| TMUS | Sell | T MOBILE US INC | $38,367,000 | -0.9% | 821,220 | -8.2% | 11.95% | -10.5% |
| GOOGL | Buy | ALPHABET INCcap stk cl a | $36,933,000 | +27.8% | 45,933 | +11.9% | 11.50% | +15.5% |
| MSFT | Buy | MICROSOFT CORP | $36,868,000 | +14.1% | 640,070 | +1.4% | 11.48% | +3.1% |
| ZAYO | Buy | ZAYO GROUP HLDGS INC | $30,410,000 | +19.2% | 1,023,551 | +12.1% | 9.47% | +7.7% |
| FOXA | New | TWENTY FIRST CENTY FOX INCcl a | $25,669,000 | – | 1,059,842 | – | 8.00% | – |
| CHTR | Buy | CHARTER COMMUNICATIONS INC Ncl a | $24,590,000 | +23.2% | 91,086 | +4.3% | 7.66% | +11.2% |
| TV | Sell | GRUPO TELEVISA SAspon adr rep ord | $17,787,000 | -13.8% | 692,353 | -12.7% | 5.54% | -22.2% |
| STMP | New | STAMPS COM INC | $15,256,000 | – | 161,420 | – | 4.75% | – |
| AVGO | Sell | BROADCOM LTD | $15,003,000 | +0.2% | 86,964 | -9.7% | 4.67% | -9.5% |
| CCOI | New | COGENT COMMUNICATIONS HLDGS | $14,498,000 | – | 393,868 | – | 4.52% | – |
| EXPE | Sell | EXPEDIA INC DEL | $10,870,000 | -29.5% | 93,126 | -35.8% | 3.39% | -36.3% |
| SATS | New | ECHOSTAR CORPcl a | $1,587,000 | – | 36,206 | – | 0.49% | – |
| ZBRA | Exit | ZEBRA TECHNOLOGIES CORPcl a | $0 | – | -148,778 | – | -2.57% | – |
| BABA | Exit | ALIBABA GROUP HLDG LTDsponsored ads | $0 | – | -129,500 | – | -3.55% | – |
| BIDU | Exit | BAIDU INCspon adr rep a | $0 | – | -90,564 | – | -5.16% | – |
| SBGI | Exit | SINCLAIR BROADCAST GROUP INCcl a | $0 | – | -711,036 | – | -7.32% | – |
Q2 2016
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| TMUS | New | T MOBILE US INC | $38,718,000 | – | 894,798 | – | 13.35% | – |
| MSFT | New | MICROSOFT CORP | $32,303,000 | – | 631,280 | – | 11.14% | – |
| CCI | New | CROWN CASTLE INTL CORP NEW | $31,724,000 | – | 312,772 | – | 10.94% | – |
| GOOGL | New | ALPHABET INCcap stk cl a | $28,890,000 | – | 41,065 | – | 9.96% | – |
| ZAYO | New | ZAYO GROUP HLDGS INC | $25,505,000 | – | 913,186 | – | 8.79% | – |
| SBGI | New | SINCLAIR BROADCAST GROUP INCcl a | $21,232,000 | – | 711,036 | – | 7.32% | – |
| TV | New | GRUPO TELEVISA SAspon adr rep ord | $20,640,000 | – | 792,628 | – | 7.12% | – |
| CHTR | New | CHARTER COMMUNICATIONS INC Ncl a | $19,966,000 | – | 87,326 | – | 6.88% | – |
| EXPE | New | EXPEDIA INC DEL | $15,422,000 | – | 145,078 | – | 5.32% | – |
| AVGO | New | BROADCOM LTD | $14,972,000 | – | 96,346 | – | 5.16% | – |
| BIDU | New | BAIDU INCspon adr rep a | $14,957,000 | – | 90,564 | – | 5.16% | – |
| BABA | New | ALIBABA GROUP HLDG LTDsponsored ads | $10,299,000 | – | 129,500 | – | 3.55% | – |
| EVC | New | ENTRAVISION COMMUNICATIONS Ccl a | $7,929,000 | – | 1,179,936 | – | 2.73% | – |
| ZBRA | New | ZEBRA TECHNOLOGIES CORPcl a | $7,454,000 | – | 148,778 | – | 2.57% | – |