King Investment Advisors Inc/tx

Concentrated strategySector-focusedQuality / disciplined sizing

Total reported value

$9.4M

Reporting period: 2015-12-31 · Number of holdings: 4

KING INVESTMENT ADVISORS INC/TX disclosed 4 holdings in its latest 13F filing for the period ending 2015-12-31, with total reported value of $9.4M and a quarterly turnover rate of 49.4%.

Personality snowflake

Concentration: 100
Portfolio Stability: 49.36
Momentum/Contrarian: 50
Sector conviction: 100
Diversification: 8
Sizing Uniformity: 86.35

Recent moves

Add T
-1.5%　$275.0K
Add VZ
-6.9%　-$13.0K
Add IBM
0.0%　-$30.0K
Add CMCSA
0.0%　-$3.0K
Sold out AMCX
Sold out BPOP

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

#	Ticker	Issuer	Asset Subclass	Weight	Weight Change	Shares Change
1	T	At&t INC	Stock-Comm Services	75.87%	+29.63%	-1.49%
2	VZ	Verizon Communications INC	Stock-Comm Services	13.29%	+4.78%	-6.90%
3	IBM	Intl Business Machines CORP	Stock-Tech	5.88%	+1.95%	—
4	CMCSA	Comcast Corp-class A	Stock-Comm Services	4.96%	+1.79%	—

Reported value over time

Sector allocation

Sector allocation over time

Quarterly history

Period	Holdings	Total value	Stability	Top holdings
2015-12-31	4	$9.4M	49	1T 2VZ 3IBM Top holdings2015-12-31 1.T 2.VZ 3.IBM 4.CMCSA
2015-09-30	30	$14.8M	100	1T 2VZ 3IBM Top holdings2015-09-30 1.T 2.VZ 3.IBM 4.CMCSA 5.AMCX 6.BPOP 7.05358K 8.ALLY 9.IACIEUR 10.690070
2015-06-30	55	$43.5M	100	1T 2HO1 3IACIEUR Top holdings2015-06-30 1.T 2.HO1 3.IACIEUR 4.VZ 5.AMCX 6.KKR 7.MSFT 8.TRGP 9.AAPL 10.ADT
2015-03-31	111	$224.4M	0	1AAPL 2MSFT 3HO1 Top holdings2015-03-31 1.AAPL 2.MSFT 3.HO1 4.KKR 5.T 6.BPOP 7.AXP 8.UTHR 9.690070 10.ADT
2014-12-31	111	$224.4M	32	1AAPL 2MSFT 3HO1 Top holdings2014-12-31 1.AAPL 2.MSFT 3.HO1 4.KKR 5.T 6.BPOP 7.AXP 8.UTHR 9.690070 10.ADT
2014-09-30	109	$219.7M	30	1AAPL 2MSFT305334D Top holdings2014-09-30 1.AAPL 2.MSFT 3.05334D 4.T 5.HO1 6.KKR 7.HAL 8.UTHR 9.GLNG 10.IACIEUR
2014-06-30	110	$235.0M	21	1AAPL 2GLNG 3MSFT Top holdings2014-06-30 1.AAPL 2.GLNG 3.MSFT 4.KKR 5.HAL 6.T 7.HO1 8.BPOP 9.IACIEUR 10.FCX
2014-03-31	109	$218.1M	27	1MSFT 2AAPL 3T Top holdings2014-03-31 1.MSFT 2.AAPL 3.T 4.KKR 5.AXP 6.690070 7.HAL 8.IACIEUR 9.GLNG 10.TEVA
2013-12-31	118	$218.9M	47	1KKR 2AAPL 3MSFT Top holdings2013-12-31 1.KKR 2.AAPL 3.MSFT 4.T 5.690070 6.AXP 7.FCX 8.HAL 9.IACIEUR 10.05334D
2013-09-30	130	$232.0M	50	105334D28681573KKR Top holdings2013-09-30 1.05334D 2.868157 3.KKR 4.MSFT 5.T 6.885175 7.690070 8.AXP 9.HO1 10.AAPL
2013-06-30	115	$241.2M	0	1HO1 2CALY3868157 Top holdings2013-06-30 1.HO1 2.CALY 3.868157 4.19259P 5.05334D 6.KKR 7.T 8.OMCL 9.10567B 10.AXP

Holding changes this quarter

King Investment Advisors Inc/tx's most significant position changes for 2015-12-31: Sold out: Amc Global Media INC (AMCX); Sold out: Popular INC (BPOP); Sold out: Avenue Financial Holdings INC; Sold out: Ally Financial INC (ALLY); Sold out: Iac/interactivecorp (IACIEUR).

Position changes disclosed by King Investment Advisors Inc/tx for the quarter ending 2015-12-31, including ticker, issuer, weight change, shares change, and action
#	Ticker	Issuer	Weight Change	Shares Change	Action
1	T	At&t INC	+29.6%	-1.49%	Trim
2	VZ	Verizon Communications INC	+4.8%	-6.90%	Trim
3	IBM	Intl Business Machines CORP	+2%	—	Unchanged
4	CMCSA	Comcast Corp-class A	+1.8%	—	Unchanged
5	AMCX	Amc Global Media INC	—	EXIT	Sold out
6	BPOP	Popular INC	—	EXIT	Sold out
7	✓	Avenue Financial Holdings INC	—	EXIT	Sold out
8	ALLY	Ally Financial INC	—	EXIT	Sold out
9	IACIEUR	Iac/interactivecorp	—	EXIT	Sold out
10	✓	Outerwall INC	—	EXIT	Sold out
11	C	Citigroup INC	—	EXIT	Sold out
12	HTZ	Hertz Global Holdings, Inc.	—	EXIT	Sold out
13	VYX	Ncr Voyix CORP	—	EXIT	Sold out
14	2362120D	Sinclair Broadcast Group LLC	—	EXIT	Sold out
15	SNI	Scripps Networks Inter-cl A	—	EXIT	Sold out
16	ADT	ADT Inc.	—	EXIT	Sold out
17	DISCAUSD	Discovery INC - A	—	EXIT	Sold out
18	WBK	Westpac Banking Corp-sp Adr	—	EXIT	Sold out
19	CAR	Avis Budget Group INC	—	EXIT	Sold out
20	REFI	Chicago Atlantic Real Estate Finance, Inc.	—	EXIT	Sold out
21	AAPL	Apple INC	—	EXIT	Sold out
22	UTHR	United Therapeutics CORP	—	EXIT	Sold out
23	MSFT	Microsoft CORP	—	EXIT	Sold out
24	GILD	Gilead Sciences INC	—	EXIT	Sold out
25	KKR	KKR & Co. Inc.	—	EXIT	Sold out
26	BAC	Bank of America Corporation	—	EXIT	Sold out
27	SLG	SL Green Realty Corp.	—	EXIT	Sold out
28	ARCC 5.75 02-01-16	Ares Capital CORP	—	EXIT	Sold out
29	MFIC 5.75 01-15-16	Apollo Investment CORP	—	EXIT	Sold out
30	STWD 4.55 03-01-18	Starwood Property Trust	—	EXIT	Sold out

FAQ

What is King Investment Advisors Inc/tx and what type of investor is it?

King Investment Advisors Inc/tx is a investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2015-12-31), the firm manages a tracked equity portfolio valued at approximately $9.4M, spread across 4 disclosed positions.

What are King Investment Advisors Inc/tx's largest equity positions?

Based on the latest 13F filing, King Investment Advisors Inc/tx's top holdings by market value are: 1. At&t INC (T) — $7.1M (75.9%) 2. Verizon Communications INC (VZ) — $1.2M (13.3%) 3. Intl Business Machines CORP (IBM) — $550.0K (5.9%) 4. Comcast Corp-class A (CMCSA) — $464.0K (5.0%)

What changes did King Investment Advisors Inc/tx make in its most recent portfolio filing?

In the latest quarter, King Investment Advisors Inc/tx took a more defensive posture — trimming 2 positions and completely exiting 26 holdings. The largest of these moves: Sold out: Amc Global Media INC (AMCX); Sold out: Popular INC (BPOP); Sold out: Avenue Financial Holdings INC; Sold out: Ally Financial INC (ALLY); Sold out: Iac/interactivecorp (IACIEUR)

What sectors does King Investment Advisors Inc/tx focus on?

King Investment Advisors Inc/tx is concentrated in the following sectors based on its current disclosed equity portfolio: • Communication Services: 94.1% • Information Technology: 5.9%