Mcclain Value Management 13F annual report
Mcclain Value Management is an investment fund managing more than $50.9 million ran by Phillip Mcclain. There are currently 21 companies in Mr. Mcclain’s portfolio. The largest investments include Science Applications Intl Corp and Perdoceo Education, together worth $8.24 million.
$50.9 million Assets Under Management (AUM)
As of 7th October 2020, Mcclain Value Management’s top holding is 55,176 shares of Science Applications Intl Corp currently worth over $4.29 million and making up 8.4% of the portfolio value.
In addition, the fund holds 248,312 shares of Perdoceo Education worth $3.96 million, whose value grew 1.0% in the past six months.
The third-largest holding is Vistra Energy Corp worth $3.76 million and the next is Barrick Gold Corporation worth $3.5 million, with 129,953 shares owned.
Currently, Mcclain Value Management's portfolio is worth at least $50.9 million. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Mcclain Value Management
The Mcclain Value Management office and employees reside in New Canaan, Connecticut. According to the last 13-F report filed with the SEC, Phillip Mcclain serves as the Managing Partner at Mcclain Value Management.
Recent trades
In the most recent 13F filing, Mcclain Value Management revealed that it had opened a new position in
Perdoceo Education and bought 248,312 shares worth $3.96 million.
This means they effectively own approximately 0.1% of the company.
Perdoceo Education makes up
75.8%
of the fund's Consumer Discretionary sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in Science Applications Intl Corp by buying
8,751 additional shares.
This makes their stake in Science Applications Intl Corp total 55,176 shares worth $4.29 million.
On the other hand, there are companies that Mcclain Value Management is getting rid of from its portfolio.
Mcclain Value Management closed its position in Amarin Corporation Plc on 4th August 2020.
It sold the previously owned 205,378 shares for $822 thousand.
Phillip Mcclain also disclosed a decreased stake in Vistra Energy Corp by 0.4%.
This leaves the value of the investment at $3.76 million and 201,670 shares.
One of the smallest hedge funds
The two most similar investment funds to Mcclain Value Management are Trv Gp and Rosenbaum Jay D. They manage $50.9 million and $51 million respectively.
Phillip Mcclain investment strategy
Mcclain Value Management’s portfolio is diversified across 9 sectors.
Currently, their heaviest sector is Finance — making up 17.1% of
the total portfolio value.
The fund focuses on investments in the United States as
76.2% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
10% of the total holdings value.
On the other hand, small-cap stocks make up only 4.8% of the portfolio.
The average market cap of the portfolio companies is close to $4.92 billion.
The complete list of Mcclain Value Management trades based on 13F SEC filings
These positions were updated on August 4th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Science Applications Intl Corp |
18.85%
55,176
|
$4,286,000 | 8.42% |
| Perdoceo Education Corp. |
Opened
248,312
|
$3,956,000 | 7.77% |
| Vistra Energy Corp |
38.78%
201,670
|
$3,755,000 | 7.37% |
| Barrick Gold Corporation |
4.29%
129,953
|
$3,501,000 | 6.87% |
| Knowles Corp. |
12.29%
227,429
|
$3,471,000 | 6.82% |
| Bunge Limited |
30.48%
83,746
|
$3,444,000 | 6.76% |
| The AES Corp. |
Opened
231,741
|
$3,358,000 | 6.59% |
| Patterson Companies, Inc |
11.84%
146,061
|
$3,213,000 | 6.31% |
| Donnelley Financial Solutions, Inc. |
0.70%
377,882
|
$3,174,000 | 6.23% |
| Brightcove, Inc. |
22.05%
395,645
|
$3,118,000 | 6.12% |
| General Mills, Inc. |
No change
48,467
|
$2,988,000 | 5.87% |
| Alleghany Corp. |
104.76%
5,934
|
$2,903,000 | 5.70% |
| Unum Group |
20.23%
157,714
|
$2,616,000 | 5.14% |
| Allegheny Technologies, Inc. |
No change
212,637
|
$2,167,000 | 4.25% |
| Entercom Communications Corp. |
No change
897,062
|
$1,238,000 | 2.43% |
| ICF International, Inc. |
39.71%
17,634
|
$1,143,000 | 2.24% |
| Occidental Petroleum Corp. |
49.65%
60,853
|
$1,114,000 | 2.19% |
| Universal Technical Institute, Inc. |
11.99%
136,791
|
$951,000 | 1.87% |
| Amarin Corporation Plc |
Closed
205,378
|
$822,000 | |
| Spirit Airlines, Inc. |
Closed
23,960
|
$309,000 | |
| Parsley Energy, Inc. |
Opened
20,940
|
$224,000 | 0.44% |
| The New Home Co., Inc. |
Opened
47,000
|
$158,000 | 0.31% |
| Beazer Homes USA, Inc. |
Opened
15,220
|
$153,000 | 0.30% |
| No transactions found | |||
| Showing first 500 out of 23 holdings | |||
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