VF

Vilas Fund, LP

Sector-focusedQuality / disciplined sizingContrarian

Total reported value

$74.3M

Reporting period: 2019-09-30 · Number of holdings: 24

Vilas Fund, LP disclosed 24 holdings in its latest 13F filing for the period ending 2019-09-30, with total reported value of $74.3M and a quarterly turnover rate of 44.4%.

Personality snowflake

Concentration
35.43
Portfolio Stability
44.37
Momentum/Contrarian
28.86
Sector conviction
100
Diversification
48
Sizing Uniformity
89.16

Recent moves

  • Trim NMIH

    -68.7%　-$6.7M

  • Add VIAB

    +121.6%　$4.8M

  • Trim WFC

    -50.0%　-$1.8M

  • Add LNC

    +27.2%　$659.0K

  • Trim AL

    -30.6%　-$885.0K

  • Add FDX

    +200.0%　$545.0K

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

#TickerIssuerAsset SubclassWeightWeight ChangeShares Change4Q Trend
1CVSCvs Health CORPStock-Healthcare19.24%-0.67%-23.95%
2VIABViacom Inc-class BStock-Other14.62%+7.15%+121.57%
3WBAWalgreens Boots Alliance INCStock-Other9.38%-0.54%-14.86%
4CITHE Cigna GroupStock-Healthcare6.54%+6.54%NEW
5HMCHonda Motor Co Ltd-spons AdrStock-Consumer Disc5.90%-0.69%-19.23%
6LNCLincoln National CORPStock-Financials5.54%+1.30%+27.24%
7CCitigroup INCStock-Financials4.65%+0.36%—
8NMIHNmi Holdings INCStock-Financials3.68%-7.89%-68.72%
9STTState Street CORPStock-Financials3.06%+0.04%-12.73%
10MTGMgic Investment CORPStock-Financials3.05%-0.40%-15.89%
11MSMorgan StanleyStock-Financials2.87%+0.18%—
12ALAir Lease CORPStock-Other2.81%-0.84%-30.56%
13WFCWells Fargo & CoStock-Financials2.72%-1.92%-50.00%
14UBSUBS Group AGStock-Financials2.44%-0.01%-4.99%
15ABBVAbbvie INCStock-Healthcare2.24%+2.24%NEW
16GSGoldman Sachs Group INCStock-Financials2.23%-0.28%-20.00%
17BCSBarclays Plc-spons AdrStock-Financials2.06%+0.19%+4.00%
18METMetlife INCStock-Financials1.52%-0.19%-14.29%
19BACBank Of America CORPStock-Financials1.26%-0.16%-20.00%
20PRUPrudential Financial INCStock-Financials1.21%+1.21%NEW
21FDXFedex CORPStock-Industrials1.18%+0.78%+200.00%
22RCLRoyal Caribbean Cruises Ltd.Stock-Consumer Disc1.10%+0.13%+14.29%
23BHCBausch Health Cos INCStock-Healthcare0.41%+0.04%+16.67%
24✓ ClearbridgeStock-Other0.31%+0.31%NEW

Holding changes this quarter

Vilas Fund, LP's most significant position changes for 2019-09-30: New buy: THE Cigna Group (CI); New buy: Abbvie INC (ABBV); Sold out: Mckesson CORP (MCK); Sold out: Alphabet Inc-cl C (GOOG); Sold out: Kraft Heinz Co/the (KHC).

Position changes disclosed by Vilas Fund, LP for the quarter ending 2019-09-30, including ticker, issuer, weight change, shares change, and action
#TickerIssuerWeight ChangeShares ChangeAction
1VIABViacom Inc-class B+7.2%+121.57%Add
2LNCLincoln National CORP+1.3%+27.24%Add
3FDXFedex CORP+0.8%+200.00%Add
4CCitigroup INC+0.4%—Unchanged
5BCSBarclays Plc-spons Adr+0.2%+4.00%Add
6MSMorgan Stanley+0.2%—Unchanged
7RCLRoyal Caribbean Cruises Ltd.+0.1%+14.29%Add
8STTState Street CORP0%-12.73%Trim
9BHCBausch Health Cos INC0%+16.67%Add
10UBSUBS Group AG0%-4.99%Trim
11BACBank Of America CORP-0.2%-20.00%Trim
12METMetlife INC-0.2%-14.29%Trim
13GSGoldman Sachs Group INC-0.3%-20.00%Trim
14MTGMgic Investment CORP-0.4%-15.89%Trim
15WBAWalgreens Boots Alliance INC-0.5%-14.86%Trim
16CVSCvs Health CORP-0.7%-23.95%Trim
17HMCHonda Motor Co Ltd-spons Adr-0.7%-19.23%Trim
18ALAir Lease CORP-0.8%-30.56%Trim
19WFCWells Fargo & Co-1.9%-50.00%Trim
20NMIHNmi Holdings INC-7.9%-68.72%Trim
21CITHE Cigna Group—NEWNew buy
22ABBVAbbvie INC—NEWNew buy
23MCKMckesson CORP—EXITSold out
24GOOGAlphabet Inc-cl C—EXITSold out
25KHCKraft Heinz Co/the—EXITSold out
26PRUPrudential Financial INC—NEWNew buy
27MUFGMitsubishi Ufj Finl-spon Adr—EXITSold out
28CAHCardinal Health INC—EXITSold out
29RIGTransocean Ltd.—EXITSold out
30STLAStellantis N.V.—EXITSold out
31GNWGenworth Financial INC—EXITSold out
32✓ Clearbridge—NEWNew buy

FAQ

What is Vilas Fund, LP and what type of investor is it?
Vilas Fund, LP 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 (2019-09-30), the firm manages a tracked equity portfolio valued at approximately $74.3M, spread across 24 disclosed positions.
What are Vilas Fund, LP's largest equity positions?
Based on the latest 13F filing, Vilas Fund, LP's top holdings by market value are: 1. Cvs Health CORP (CVS) — $14.3M (19.2%) 2. Viacom Inc-class B (VIAB) — $10.9M (14.6%) 3. Walgreens Boots Alliance INC (WBA) — $7.0M (9.4%) 4. THE Cigna Group (CI) — $4.9M (6.5%) 5. Honda Motor Co Ltd-spons Adr (HMC) — $4.4M (5.9%)
What changes did Vilas Fund, LP make in its most recent portfolio filing?
In the latest reported quarter, Vilas Fund, LP made 30 notable position adjustments: 4 new positions were initiated, 6 existing holdings were added to, 12 positions were partially reduced, and 8 were completely exited. The largest of these moves: New buy: THE Cigna Group (CI); New buy: Abbvie INC (ABBV); Sold out: Mckesson CORP (MCK); Sold out: Alphabet Inc-cl C (GOOG); Sold out: Kraft Heinz Co/the (KHC)
What sectors does Vilas Fund, LP focus on?
Vilas Fund, LP is concentrated in the following sectors based on its current disclosed equity portfolio: • Health Care: 65.3% • Financials: 32.0% • Industrials: 2.7%