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Asset Manager ← All Institutions

Watershed Asset Management, L.L.C.

601 CALIFORNIA STREET, SUITE 1701, SAN FRANCISCO, CA 94108 • (415) 391-8900

Q3 2023 · Filed 2023-10-30
Market Value
$84M
+3.5%
Holdings
157
+1
New Purchases
41
Added To
32
Closed
38
Reduced
31
Top 10 Concentration
55.8%
Turnover
50.3%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
NEE 4.04% 0.00% +4.04% $3M
GOOGL 1.83% 0.00% +1.83% $2M
FNV 1.73% 0.00% +1.73% $1M
SE 1.14% 0.00% +1.14% $954K
DE 2.24% 1.43% +0.81% $2M
EQT 1.81% 1.27% +0.54% $2M
DHR 2.99% 2.59% +0.41% $3M
VLTO 0.40% 0.00% +0.40% $332K
ANF 0.36% 0.00% +0.36% $304K
VLGEA 0.34% 0.00% +0.34% $280K
SPTN 0.33% 0.00% +0.33% $274K
CMCSA 0.33% 0.00% +0.33% $274K
ATNI 0.33% 0.00% +0.33% $274K
OSIS 0.32% 0.00% +0.32% $271K
PSMT 0.32% 0.00% +0.32% $268K

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
V 0.00% 3.50% -3.50% $0
VEU 21.43% 23.25% -1.83% $18M
MELI 0.00% 1.70% -1.70% $0
SPY 7.12% 7.64% -0.52% $6M
ARHS 0.00% 0.43% -0.43% $0
MHO 0.00% 0.41% -0.41% $0
VSH 0.00% 0.39% -0.39% $0
BHE 0.00% 0.39% -0.39% $0
JBL 0.00% 0.38% -0.38% $0
PCAR 0.00% 0.37% -0.37% $0
RYN 2.62% 3.00% -0.37% $2M
VPG 0.00% 0.36% -0.36% $0
CLMB 0.00% 0.36% -0.36% $0
KLAC 0.00% 0.36% -0.36% $0
MSFT 3.14% 3.50% -0.36% $3M

Sector Allocation Over Time

Industry Breakdown

IndustryWeight
Financial Services 31.5%
Technology 30.8%
Healthcare 11.8%
Consumer Cyclical 11.5%
Communication Services 6.4%

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 8 $14M 16.6%
Large Cap 49 $42M 50.4%
Mid Cap 46 $17M 19.9%
Small Cap 43 $7M 8.0%
Micro Cap 11 $4M 5.2%

Portfolio Analytics

Avg Market Cap
$93.5B
Median Market Cap
$4.3B
Avg P/E
35.0
Median P/E
17.9
Avg Dividend Yield
0.09%
Avg Beta
1.00
# Stocks
152
# ETFs / Funds
5

Top Holdings (157 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 VEU 21.43% 345,000 $18M $51.87 -$876K
2 SPY 7.12% 13,906 $6M $427.48 -$220K
3 INDA 5.29% 100,000 $4M $44.22 $52K
4 NEE 4.04% 58,900 $3M $57.29 +58,900 NEW
5 MA 3.81% 8,035 $3M $395.91 $21K
6 VWO 3.15% 67,000 $3M $39.21 -$98K
7 MSFT 3.14% 8,300 $3M $315.75 -$206K
8 DHR 2.99% 11,700 $3M $213.74 $413K +3,000 +34.5%
9 RYN 2.62% 77,000 $2M $28.46 -$226K
10 DE 2.24% 4,950 $2M $377.38 $713K +2,100 +73.7%
11 EQC 2.20% 100,000 $2M $18.37 -$189K
12 GOOGL 1.83% 11,700 $2M $130.86 +11,700 NEW
13 EQT 1.81% 37,300 $2M $40.58 $485K +12,300 +49.2%
14 FNV 1.73% 10,800 $1M $133.49 +10,800 NEW
15 RGEN 1.33% 7,000 $1M $159.01 $123K
16 SITM 1.29% 9,400 $1M $114.25 $166K +1,700 +22.1%
17 SE 1.14% 21,700 $954K $43.95 +21,700 NEW
18 EPHE 0.89% 30,000 $747K $24.91 -$34K
19 BKCC 0.84% 189,878 $704K $3.71 $82K
20 VLTO 0.40% 3,900 $332K $85.12 +3,900 NEW
21 ANF 0.36% 5,400 $304K $56.37 +5,400 NEW
22 BBW 0.35% 9,965 $293K $29.41 -$1K -3,782 -27.5%
23 FLEX 0.34% 10,527 $284K $26.98 -$7K
24 HPE 0.34% 16,313 $283K $17.37 -$14K -1,406 -7.9%
25 PRDO 0.34% 16,493 $282K $17.10 $5K -6,062 -26.9%
26 VLGEA 0.34% 12,359 $280K $22.64 +12,359 NEW
27 OMC 0.33% 3,755 $280K $74.48 $3K +852 +29.4%
28 NTCT 0.33% 9,935 $278K $28.02 -$7K +703 +7.6%
29 META 0.33% 926 $278K $300.21 -$27K -136 -12.8%
30 FOXA 0.33% 8,887 $277K $31.20 -$5K +582 +7.0%
31 TRIP 0.33% 16,665 $276K $16.58 -$7K -505 -2.9%
32 MCHP 0.33% 3,527 $275K $78.05 -$22K +206 +6.2%
33 CARS 0.33% 16,305 $275K $16.86 -$15K +1,688 +11.6%
34 BDC 0.33% 2,844 $275K $96.55 -$23K -268 -8.6%
35 SPTN 0.33% 12,452 $274K $22.00 +12,452 NEW
36 CMCSA 0.33% 6,177 $274K $44.34 +6,177 NEW
37 ATNI 0.33% 8,672 $274K $31.56 +8,672 NEW
38 DOX 0.33% 3,232 $273K $84.49 -$28K +183 +6.0%
39 INGR 0.33% 2,774 $273K $98.40 $32K +499 +21.9%
40 SANM 0.33% 5,028 $273K $54.28 -$38K -125 -2.4%
41 IMXI 0.33% 16,066 $272K $16.93 -$21K +4,123 +34.5%
42 AVT 0.32% 5,630 $271K $48.19 -$44K -624 -10.0%
43 OSIS 0.32% 2,297 $271K $118.04 +2,297 NEW
44 AGCO 0.32% 2,292 $271K $118.28 -$27K +20 +0.9%
45 CSCO 0.32% 5,035 $271K $53.76 -$15K -496 -9.0%
46 CNK 0.32% 14,743 $271K $18.35 $3K -1,484 -9.2%
47 EEFT 0.32% 3,395 $269K $79.38 -$27K +868 +34.4%
48 PSMT 0.32% 3,607 $268K $74.43 +3,607 NEW
49 AGX 0.32% 5,880 $268K $45.52 +5,880 NEW
50 CALM 0.32% 5,509 $267K $48.42 $47K +631 +12.9%
51 ASB 0.32% 15,589 $267K $17.11 $44K +1,886 +13.8%
52 MCS 0.32% 17,208 $267K $15.50 $5K -467 -2.6%
53 DAR 0.32% 5,102 $266K $52.20 +5,102 NEW
54 TH 0.32% 16,762 $266K $15.88 $3K -2,831 -14.4%
55 LRN 0.32% 5,904 $266K $45.03 +5,904 NEW
56 STEL 0.32% 12,458 $266K $21.32 +12,458 NEW
57 AVNW 0.32% 8,505 $265K $31.20 -$21K -87 -1.0%
58 PHM 0.32% 3,583 $265K $74.05 -$33K -251 -6.5%
59 CVSA 0.32% 6,191 $265K $42.85 +6,191 NEW
60 ADNT 0.32% 7,223 $265K $36.70 +7,223 NEW
61 FFIV 0.32% 1,640 $264K $161.14 -$9K -227 -12.2%
62 KE 0.32% 9,640 $264K $27.38 -$43K -1,480 -13.3%
63 UTHR 0.32% 1,167 $264K $225.87 $16K +45 +4.0%
64 F-PD 0.31% 21,162 $263K $12.42 -$44K +882 +4.3%
65 PLUS 0.31% 4,123 $262K $63.52 -$27K -1,008 -19.6%
66 MOH 0.31% 797 $261K $327.89 $9K -39 -4.7%
67 WNC 0.31% 12,372 $261K $21.12 -$3K +2,056 +19.9%
68 INTT 0.31% 17,203 $261K $15.17 +17,203 NEW
69 UAL 0.31% 6,162 $261K $42.30 -$39K +707 +13.0%
70 CIEN 0.31% 5,511 $260K $47.26 +5,511 NEW
71 HEES 0.31% 6,030 $260K $43.19 -$24K -193 -3.1%
72 ACMR 0.31% 14,351 $260K $18.11 +14,351 NEW
73 HCKT 0.31% 11,005 $260K $23.59 +11,005 NEW
74 CPAY 0.31% 1,016 $259K $255.34 -$38K -170 -14.3%
75 PDCO 0.31% 8,751 $259K $29.64 +8,751 NEW
76 URI 0.31% 582 $259K $444.57 -$57K -127 -17.9%
77 PLAB 0.31% 12,750 $258K $20.21 +12,750 NEW
78 GEN 0.31% 14,555 $257K $17.68 +14,555 NEW
79 ALGT 0.31% 3,347 $257K $76.86 +3,347 NEW
80 BLMN 0.31% 10,451 $257K $24.59 -$37K -466 -4.3%
81 L 0.31% 4,059 $257K $63.31 $12K -72 -1.7%
82 JNPR 0.31% 9,244 $257K $27.79 -$27K +189 +2.1%
83 FI 0.31% 2,268 $256K $112.96 +2,268 NEW
84 UHS 0.31% 2,037 $256K $125.73 -$6K +373 +22.4%
85 GMS 0.31% 4,000 $256K $63.97 -$21K
86 DAKT 0.31% 28,671 $256K $8.92 +28,671 NEW
87 PNTG 0.31% 22,919 $255K $11.13 +22,919 NEW
88 COKE 0.30% 400 $255K $636.32 $23K +36 +9.9%
89 MCK 0.30% 585 $254K $434.85 +585 NEW
90 CI 0.30% 888 $254K $286.07 -$19K -84 -8.6%
91 NVEC 0.30% 3,088 $254K $82.14 +3,088 NEW
92 ANTM 0.30% 579 $252K $435.42 $4K +21 +3.8%
93 RGCO 0.30% 14,545 $252K $17.30 +14,545 NEW
94 SEM 0.30% 9,946 $251K $25.27 +9,946 NEW
95 HUM 0.30% 516 $251K $486.52 $12K -19 -3.5%
96 ONB 0.30% 17,230 $251K $14.54 $8K -144 -0.8%
97 ON 0.30% 2,687 $250K $92.95 +2,687 NEW
98 PYPL 0.30% 4,271 $250K $58.46 -$43K -119 -2.7%
99 WEX 0.30% 1,323 $249K $188.09 +1,323 NEW
100 HTBK 0.30% 29,300 $248K $8.47 +29,300 NEW

Options Breakdown

0 Calls $0 Call Value 1 Puts $1M Put Value

Top Puts

SymbolSharesValueStatus
MSTR 36 $1M NEW

New Positions

SymbolValue% Port
NEE $3M 4.04%
GOOGL $2M 1.83%
FNV $1M 1.73%
SE $954K 1.14%
VLTO $332K 0.40%
ANF $304K 0.36%
VLGEA $280K 0.34%
SPTN $274K 0.33%
CMCSA $274K 0.33%
ATNI $274K 0.33%
OSIS $271K 0.32%
PSMT $268K 0.32%
AGX $268K 0.32%
DAR $266K 0.32%
LRN $266K 0.32%

Sold Out Positions

SymbolValue% Port
CFG —%
SSTK —%
VPG —%
WMK —%
YELP —%
PBH —%
EBF —%
TWI —%
MHO —%
UTL —%
BHE —%
V —%
LZB —%
NWN —%
JBL —%
View SEC EDGAR Filings for Watershed Asset Management, L.L.C. →

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms