TM

Thrax Management, LLC

Diversified strategyHigh-turnover traderMomentum follower

Total reported value

$547.1M

Reporting period: 2016-12-31 · Number of holdings: 181

Thrax Management, LLC disclosed 181 holdings in its latest 13F filing for the period ending 2016-12-31, with total reported value of $547.1M and a quarterly turnover rate of 133.4%.

Personality snowflake

Concentration
6.99
Portfolio Stability
100
Momentum/Contrarian
100
Sector conviction
70.88
Diversification
100
Sizing Uniformity
87.22

Recent moves

  • Trim GOOG

    -29.3%　-$7.1M

  • Trim CHTR

    -52.1%　-$8.1M

  • Trim EA

    -16.6%　-$4.2M

  • Add TSLA

    +71.7%　$17.7M

  • Trim AVGO

    +22.2%　$4.5M

  • Trim TTWO

    -93.8%　-$5.5M

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

Showing top 150 holdings (of 181 total)

#TickerIssuerAsset SubclassWeightWeight ChangeShares Change4Q Trend
1VVisa Inc-class A SharesStock-Financials4.65%-1.12%+66.95%
2AVGOBroadcom Inc.Stock-Tech4.11%-2.31%+22.16%
3METAMeta Platforms Inc-class AStock-Comm Services4.06%—+15.12%
4TSLATesla INCStock-Consumer Disc3.32%+3.14%+71.72%
5✓ Booking Hldgs INCStock-Other3.16%+1.84%+14.51%
6GOOGAlphabet Inc-cl CStock-Comm Services3.06%-5.45%-29.26%
7✓ Gigamon INCStock-Other3.04%+3.04%NEW
8EAElectronic Arts INCStock-Comm Services2.58%-3.97%-16.57%
9STZConstellation Brands Inc-aStock-Consumer Staples2.45%+1.34%+370.59%
10MSFTMicrosoft CORPStock-Tech2.23%+0.16%+95.18%
11AMZNAmazon.com INCStock-Consumer Disc2.02%+2.02%NEW
12XMESs Spdr S&p Metals MiningETF-Other1.97%+1.97%NEW
13PSAPublic StorageStock-Real Estate1.78%+1.78%NEW
14CMCSAComcast Corp-class AStock-Comm Services1.71%+1.71%NEW
15VISNVistance Networks INCStock-Tech1.68%+1.68%NEW
16DISHDish Network Corp-aStock-Other1.66%+0.53%+104.18%
17YUMYum! Brands INCStock-Consumer Disc1.62%+1.62%NEW
18CHTRCharter Communications Inc-aStock-Comm Services1.55%-4.38%-52.12%
19TMUST-mobile US INCStock-Comm Services1.55%+1.55%NEW
20RNGRingcentral Inc-class AStock-Tech1.51%+1.51%NEW
21✓ Stock-Other1.47%+1.48%NEW
22GDDYGodaddy INC - Class AStock-Tech1.47%+1.47%NEW
23MAMastercard INC - AStock-Financials1.35%+0.70%+296.71%
24LDOSLeidos Holdings INCStock-Tech1.27%+1.27%NEW
25ECHOEchostar Corp-aStock-Comm Services1.19%—-15.30%
26MRVLMarvell Technology, Inc.Stock-Tech1.16%—+112.68%
27GOOGLAlphabet Inc-cl AStock-Comm Services1.15%+1.15%NEW
28GRMNGarmin Ltd.Stock-Tech1.11%+1.11%NEW
29PTCPtc INCStock-Tech1.08%—+30.15%
30✓ Cyberark Software LTDStock-Other0.92%+0.92%NEW
31TDGTransdigm Group INCStock-Industrials0.91%+0.91%NEW
32VMWEURVmware Inc-class AStock-Other0.89%+0.89%NEW
33URIUnited Rentals INCStock-Industrials0.87%+0.87%NEW
34GMEGamestop Corp-class AStock-Consumer Disc0.74%+0.74%NEW
35FIVEFive BelowStock-Consumer Disc0.74%+0.74%NEW
36CRMSalesforce INCStock-Tech0.74%+0.74%NEW
37SJMJm Smucker Co/theStock-Consumer Staples0.70%+0.70%NEW
38MSGNMsg Networks Inc- AStock-Other0.70%+0.70%NEW
39PEverpure Inc-aStock-Tech0.69%—+65.77%
40NVDANvidia CORPStock-Tech0.68%+0.68%NEW
41ADBEAdobe INCStock-Tech0.68%—-19.98%
42CRTOCriteo Sa-spon AdrStock-Other0.68%+0.65%+200.00%
43MARMarriott International -cl AStock-Consumer Disc0.67%+0.66%NEW
44ACNAccenture plcStock-Tech0.64%+0.64%-25.00%
45AAAlcoa CORPStock-Materials0.64%+0.64%NEW
46GWWWw Grainger INCStock-Industrials0.64%—-25.00%
47CATCaterpillar INCStock-Industrials0.63%—+85.00%
48LEGLeggett & Platt INCStock-Consumer Disc0.63%—+366.67%
49✓ Ellie Mae INC ComStock-Other0.62%——
50ZGZillow Group INC - AStock-Comm Services0.60%——
1–50 of 150

Holding changes this quarter

Thrax Management, LLC's most significant position changes for 2016-12-31: New buy: Gigamon INC; Sold out: Alibaba Group Holding-sp Adr (BABA); Sold out: Amazon.com, Inc. (AMZN); New buy: Amazon.com INC (AMZN); New buy: Ss Spdr S&p Metals Mining (XME).

Position changes disclosed by Thrax Management, LLC for the quarter ending 2016-12-31, including ticker, issuer, weight change, shares change, and action
#TickerIssuerWeight ChangeShares ChangeAction
1TSLATesla INC+3.1%+71.72%Add
2✓ Booking Hldgs INC+1.8%+14.51%Add
3STZConstellation Brands Inc-a+1.3%+370.59%Add
4MAMastercard INC - A+0.7%+296.71%Add
5CRTOCriteo Sa-spon Adr+0.7%+200.00%Add
6ACNAccenture plc+0.6%-25.00%Trim
7DISHDish Network Corp-a+0.5%+104.18%Add
8MSFTMicrosoft CORP+0.2%+95.18%Add
9VVisa Inc-class A Shares-1.1%+66.95%Add
10SBUXStarbucks CORP-1.7%-85.04%Trim
11TTWOTake-two Interactive Softwre-2%-93.77%Trim
12AVGOBroadcom Inc.-2.3%+22.16%Add
13EAElectronic Arts INC-4%-16.57%Trim
14CHTRCharter Communications Inc-a-4.4%-52.12%Trim
15GOOGAlphabet Inc-cl C-5.5%-29.26%Trim
16✓ Gigamon INC—NEWNew buy
17BABAAlibaba Group Holding-sp Adr—EXITSold out
18AMZNAmazon.com, Inc.—EXITSold out
19AMZNAmazon.com INC—NEWNew buy
20XMESs Spdr S&p Metals Mining—NEWNew buy
21PSAPublic Storage—NEWNew buy
22CMCSAComcast Corp-class A—NEWNew buy
23VISNVistance Networks INC—NEWNew buy
24YUMYum! Brands INC—NEWNew buy
25TMUST-mobile US INC—NEWNew buy
26RNGRingcentral Inc-class A—NEWNew buy
27✓ —NEWNew buy
28GDDYGodaddy INC - Class A—NEWNew buy
29QCOMQualcomm INC—EXITSold out
30YYEURYy Inc-adr—EXITSold out
31LDOSLeidos Holdings INC—NEWNew buy
32GOOGLAlphabet Inc-cl A—NEWNew buy
33IPHIInphi CORP—EXITSold out
34GRMNGarmin Ltd.—NEWNew buy
35✓ Cyberark Software LTD—NEWNew buy
36TDGTransdigm Group INC—NEWNew buy
37LOGMEURLogmein INC—EXITSold out
38VMWEURVmware Inc-class A—NEWNew buy
39ATVIEURActivision Blizzard INC—EXITSold out
40URIUnited Rentals INC—NEWNew buy
41SONYSony Group CORP - Sp Adr—EXITSold out
42GMEGamestop Corp-class A—NEWNew buy
43FIVEFive Below—NEWNew buy
44CRMSalesforce INC—NEWNew buy
45SJMJm Smucker Co/the—NEWNew buy
46MSGNMsg Networks Inc- A—NEWNew buy
47NVDANvidia CORP—NEWNew buy
48PACBPacific Biosciences Of Calif—EXITSold out
49MARMarriott International -cl A—NEWNew buy
50AAAlcoa CORP—NEWNew buy

FAQ

What is Thrax Management, LLC and what type of investor is it?
Thrax Management, LLC 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 (2016-12-31), the firm manages a tracked equity portfolio valued at approximately $547.1M, spread across 181 disclosed positions.
What are Thrax Management, LLC's largest equity positions?
Based on the latest 13F filing, Thrax Management, LLC's top holdings by market value are: 1. Visa Inc-class A Shares (V) — $25.5M (4.7%) 2. Broadcom Inc. (AVGO) — $22.5M (4.1%) 3. Meta Platforms Inc-class A (META) — $22.2M (4.1%) 4. Tesla INC (TSLA) — $18.2M (3.3%) 5. Booking Hldgs INC — $17.3M (3.2%)
What changes did Thrax Management, LLC make in its most recent portfolio filing?
In the latest reported quarter, Thrax Management, LLC made 50 notable position adjustments: 26 new positions were initiated, 9 existing holdings were added to, 6 positions were partially reduced, and 9 were completely exited. The largest of these moves: New buy: Gigamon INC; Sold out: Alibaba Group Holding-sp Adr (BABA); Sold out: Amazon.com, Inc. (AMZN); New buy: Amazon.com INC (AMZN); New buy: Ss Spdr S&p Metals Mining (XME)
What sectors does Thrax Management, LLC focus on?
Thrax Management, LLC is concentrated in the following sectors based on its current disclosed equity portfolio: • Communication Services: 33.1% • Information Technology: 26.0% • Financials: 17.6% • Consumer Discretionary: 15.4% • Consumer Staples: 6.2% • Industrials: 1.6%
What Is Thrax Management, LLC Buying and Selling Right Now? | AlphaSMO