FC
Florence Capital Advisors, LLC
Concentrated strategySector-focusedMomentum follower
Total reported value
$105.1M
Reporting period: 2019-06-30 · Number of holdings: 15
Florence Capital Advisors, LLC disclosed 15 holdings in its latest 13F filing for the period ending 2019-06-30, with total reported value of $105.1M and a quarterly turnover rate of 6.3%.
Personality snowflake
- Concentration
- 100
- Portfolio Stability
- 6.26
- Momentum/Contrarian
- 100
- Sector conviction
- 100
- Diversification
- 30
- Sizing Uniformity
- 82.3
Recent moves
Add LBEUR
+823.9% $1.7M
Trim G31249108
+0.7% -$1.1M
Trim LARK
-0.0% -$194.0K
Add JPM
0.0% $842.0K
Add WMS
0.0% $526.0K
Add AAPL
-0.0% $1.7M
Holdings Map
New buyAddUnchangedTrim
Top 10 holdings by weight
Full holdings list this quarter
| # | Ticker | Issuer | Asset Subclass | Weight | Weight Change | Shares Change | 4Q Trend |
|---|---|---|---|---|---|---|---|
| 1 | AAPL | Apple INC | Stock-Tech | 39.82% | +0.40% | -0.04% | |
| 2 | LARK | Landmark Bancorp, Inc. | Stock-Other | 28.03% | -1.06% | -0.01% | |
| 3 | ✓ | Establishment Labs Hldgs INC | Stock-Other | 12.08% | -1.44% | +0.68% | |
| 4 | JPM | Jpmorgan Chase & Co | Stock-Financials | 8.47% | +0.56% | — | |
| 5 | DSL | Doubleline Income Solutions | Stock-Other | 4.19% | -0.14% | -0.45% | |
| 6 | WMS | Advanced Drainage Systems In | Stock-Industrials | 2.34% | +0.44% | — | |
| 7 | LBEUR | L Brands INC | Stock-Other | 1.79% | +1.58% | +823.91% | |
| 8 | PJT | Pjt Partners INC - A | Stock-Financials | 0.71% | -0.04% | — | |
| 9 | CMCSA | Comcast Corp-class A | Stock-Comm Services | 0.56% | +0.01% | — | |
| 10 | PFE | Pfizer INC | Stock-Healthcare | 0.52% | — | — | |
| 11 | FTNT | Fortinet INC | Stock-Tech | 0.37% | -0.04% | — | |
| 12 | DIS | Walt Disney Co/the | Stock-Comm Services | 0.33% | +0.06% | — | |
| 13 | CERS | Cerus CORP | Stock-Other | 0.30% | -0.05% | — | |
| 14 | META | Meta Platforms Inc-class A | Stock-Comm Services | 0.28% | — | -11.63% | |
| 15 | LRADUSD | Lrad CORP | Stock-Other | 0.22% | -0.01% | -16.67% |
Reported value over time
Sector allocation
Sector allocation over time
Quarterly history
| Period | Holdings | Total value | Stability | Top holdings |
|---|---|---|---|---|
| 2019-06-30 | 15 | $105.1M | 6 | |
| 2019-03-31 | 18 | $101.9M | 48 | |
| 2018-12-31 | 20 | $103.4M | 40 | |
| 2017-12-31 | 82 | $100.7M | 10 | |
| 2017-09-30 | 73 | $92.1M | 100 | |
| 2017-06-30 | 78 | $30.3M | 10 | |
| 2017-03-31 | 87 | $29.7M | 100 | |
| 2016-12-31 | 81 | $90.7M | 0 |
Holding changes this quarter
Florence Capital Advisors, LLC's most significant position changes for 2019-06-30: Sold out: Denison Mines CORP (DNN); Sold out: Aquantia CORP (AQ); Sold out: Nexgen Energy LTD (NXE); Add: L Brands INC (LBEUR) — shares +823.91%; Add: Establishment Labs Hldgs INC — shares +0.68%.
| # | Ticker | Issuer | Weight Change | Shares Change | Action |
|---|---|---|---|---|---|
| 1 | LBEUR | L Brands INC | +1.6% | +823.91% | Add |
| 2 | JPM | Jpmorgan Chase & Co | +0.6% | — | Unchanged |
| 3 | WMS | Advanced Drainage Systems In | +0.4% | — | Unchanged |
| 4 | AAPL | Apple INC | +0.4% | -0.04% | Trim |
| 5 | DIS | Walt Disney Co/the | +0.1% | — | Unchanged |
| 6 | CMCSA | Comcast Corp-class A | 0% | — | Unchanged |
| 7 | PFE | Pfizer INC | — | — | Unchanged |
| 8 | META | Meta Platforms Inc-class A | — | -11.63% | Trim |
| 9 | LRADUSD | Lrad CORP | 0% | -16.67% | Trim |
| 10 | FTNT | Fortinet INC | 0% | — | Unchanged |
| 11 | PJT | Pjt Partners INC - A | 0% | — | Unchanged |
| 12 | CERS | Cerus CORP | -0.1% | — | Unchanged |
| 13 | DSL | Doubleline Income Solutions | -0.1% | -0.45% | Trim |
| 14 | LARK | Landmark Bancorp, Inc. | -1.1% | -0.01% | Trim |
| 15 | ✓ | Establishment Labs Hldgs INC | -1.4% | +0.68% | Add |
| 16 | DNN | Denison Mines CORP | — | EXIT | Sold out |
| 17 | AQ | Aquantia CORP | — | EXIT | Sold out |
| 18 | NXE | Nexgen Energy LTD | — | EXIT | Sold out |
FAQ
What is Florence Capital Advisors, LLC and what type of investor is it?
Florence Capital Advisors, 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 (2019-06-30), the firm manages a tracked equity portfolio valued at approximately $105.1M, spread across 15 disclosed positions.
What are Florence Capital Advisors, LLC's largest equity positions?
Based on the latest 13F filing, Florence Capital Advisors, LLC's top holdings by market value are:
1. Apple INC (AAPL) — $41.8M (39.8%)
2. Landmark Bancorp, Inc. (LARK) — $29.4M (28.0%)
3. Establishment Labs Hldgs INC — $12.7M (12.1%)
4. Jpmorgan Chase & Co (JPM) — $8.9M (8.5%)
5. Doubleline Income Solutions (DSL) — $4.4M (4.2%)
What changes did Florence Capital Advisors, LLC make in its most recent portfolio filing?
In the latest reported quarter, Florence Capital Advisors, LLC made 10 notable position adjustments: 0 new positions were initiated, 2 existing holdings were added to, 5 positions were partially reduced, and 3 were completely exited. The largest of these moves: Sold out: Denison Mines CORP (DNN); Sold out: Aquantia CORP (AQ); Sold out: Nexgen Energy LTD (NXE); Add: L Brands INC (LBEUR) — shares +823.91%; Add: Establishment Labs Hldgs INC — shares +0.68%
What sectors does Florence Capital Advisors, LLC focus on?
Florence Capital Advisors, LLC is concentrated in the following sectors based on its current disclosed equity portfolio:
• Information Technology: 79.7%
• Financials: 17.0%
• Communication Services: 2.4%
• Health Care: 1.0%