Diversified Portfolio with Strong Focus on Meta and Financial Services
Stephen Mandel's portfolio shows a strong concentration in Meta, with significant allocations to Financial Services and Consumer Defensive sectors. The fund has seen notable changes in holdings, particularly increases in Meta and PM.
Portfolio Overview
Stephen Mandel's investment portfolio demonstrates a strategic approach to asset allocation, with a strong emphasis on key sectors such as Communication Services, Technology, Financial Services, and Consumer Defensive. The total value of the portfolio is not explicitly provided but is calculated based on the holdings listed.
Top Holdings by Sector
The portfolio's top holdings are concentrated in Meta (META), with a significant allocation to VISTRA CORP (VST) and TAIWAN SEMICONDUCTOR MFG LTD (TSM). These sectors represent approximately 7.07%, 6.7%, and 6.2% of the total portfolio value, respectively.
Allocation Breakdown
- Communication Services: Meta (META) holds a prominent position with a portfolio percentage allocation of 7.07%. This sector contributes significantly to the overall portfolio value.
- Technology: Additional allocations are made to companies like TSM, APP, and PM, which collectively account for approximately 6.2% + 5.8% + 5.45% = 17.45% of the portfolio.
- Financial Services: A notable allocation is directed towards LPLA (LPL FINL HLDGS INC) and PM (PHILIP MORRIS INTL INC), contributing around 5.46% + 5.45% = 10.91% to the portfolio.
- Consumer Cyclical: A smaller allocation is made to CVNA (CARVANA CO), accounting for approximately 4.85% of the total value.
Notable Changes in Holdings
Analysis of the portfolio reveals significant changes in certain holdings over the prior period. For instance, Meta (META) has seen a decrease in shares by 342,757 units, representing a change percentage of -20.59%. Conversely, PM (PHILIP MORRIS INTL INC) has experienced a substantial increase in shares by 1,856,749 units, reflecting a growth of approximately 67.33%.
Conclusion
Stephen Mandel's portfolio exhibits a balanced approach to investment, with strategic allocations across multiple sectors. The fund's diversification efforts are evident in its spread across Communication Services, Technology, Financial Services, and Consumer Cyclical industries. Notable changes in holdings highlight active management strategies, particularly in Meta and PM.