P&
Pastel & Associes SA
Sector-focusedQuality / disciplined sizingConcentrated strategy
Total reported value
$43.8M
Reporting period: 2018-09-30 · Number of holdings: 5
PASTEL & ASSOCIES SA disclosed 5 holdings in its latest 13F filing for the period ending 2018-09-30, with total reported value of $43.8M and a quarterly turnover rate of 26.4%.
Personality snowflake
- Concentration
- 88.35
- Portfolio Stability
- 26.43
- Momentum/Contrarian
- 50
- Sector conviction
- 100
- Diversification
- 10
- Sizing Uniformity
- 96.39
Recent moves
Add MKL
0.0% $786.0K
Add DOEUR
0.0% -$609.0K
Add DE
0.0% $509.0K
Add L
-8.7% -$361.0K
Add JEF
-6.0% -$664.0K
Sold out BBBYEUR
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 | DOEUR | Diamond Offshore Drilling | Stock-Other | 32.34% | +5.06% | — | |
| 2 | MKL | Markel Group INC | Stock-Financials | 20.49% | +5.37% | — | |
| 3 | DE | Deere & Co | Stock-Industrials | 16.59% | +4.11% | — | |
| 4 | L | Loews CORP | Stock-Financials | 15.69% | +2.34% | -8.68% | |
| 5 | JEF | Jefferies Financial Group In | Stock-Financials | 14.89% | +1.62% | -6.01% |
Reported value over time
Sector allocation
Sector allocation over time
Quarterly history
| Period | Holdings | Total value | Stability | Top holdings |
|---|---|---|---|---|
| 2018-09-30 | 5 | $43.8M | 26 | |
| 2018-06-30 | 7 | $54.2M | 51 | |
| 2018-03-31 | 9 | $61.4M | 15 | |
| 2017-12-31 | 9 | $65.9M | 17 | |
| 2017-09-30 | 10 | $73.0M | 31 | |
| 2017-06-30 | 9 | $74.2M | 35 | |
| 2017-03-31 | 9 | $73.6M | 8 | |
| 2016-12-31 | 9 | $71.4M | 13 | |
| 2016-09-30 | 10 | $66.2M | 17 | |
| 2016-06-30 | 12 | $71.6M | 0 |
Holding changes this quarter
Pastel & Associes SA's most significant position changes for 2018-09-30: Sold out: 20230930-dk-butterfly-1 INC (BBBYEUR); Sold out: American Express Co (AXP); Trim: Loews CORP (L) — shares -8.68%; Trim: Jefferies Financial Group In (JEF) — shares -6.01%.
| # | Ticker | Issuer | Weight Change | Shares Change | Action |
|---|---|---|---|---|---|
| 1 | MKL | Markel Group INC | +5.4% | — | Unchanged |
| 2 | DOEUR | Diamond Offshore Drilling | +5.1% | — | Unchanged |
| 3 | DE | Deere & Co | +4.1% | — | Unchanged |
| 4 | L | Loews CORP | +2.3% | -8.68% | Trim |
| 5 | JEF | Jefferies Financial Group In | +1.6% | -6.01% | Trim |
| 6 | BBBYEUR | 20230930-dk-butterfly-1 INC | — | EXIT | Sold out |
| 7 | AXP | American Express Co | — | EXIT | Sold out |
FAQ
What is Pastel & Associes SA and what type of investor is it?
Pastel & Associes SA 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 (2018-09-30), the firm manages a tracked equity portfolio valued at approximately $43.8M, spread across 5 disclosed positions.
What are Pastel & Associes SA's largest equity positions?
Based on the latest 13F filing, Pastel & Associes SA's top holdings by market value are:
1. Diamond Offshore Drilling (DOEUR) — $14.2M (32.3%)
2. Markel Group INC (MKL) — $9.0M (20.5%)
3. Deere & Co (DE) — $7.3M (16.6%)
4. Loews CORP (L) — $6.9M (15.7%)
5. Jefferies Financial Group In (JEF) — $6.5M (14.9%)
What changes did Pastel & Associes SA make in its most recent portfolio filing?
In the latest quarter, Pastel & Associes SA took a more defensive posture — trimming 2 positions and completely exiting 2 holdings. The largest of these moves: Sold out: 20230930-dk-butterfly-1 INC (BBBYEUR); Sold out: American Express Co (AXP); Trim: Loews CORP (L) — shares -8.68%; Trim: Jefferies Financial Group In (JEF) — shares -6.01%
What sectors does Pastel & Associes SA focus on?
Pastel & Associes SA is concentrated in the following sectors based on its current disclosed equity portfolio:
• Industrials: 100.0%