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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

Q4 2023 · Filed 2024-02-02
Market Value
$86M
+2.6%
Holdings
149
-8
New Purchases
30
Added To
31
Closed
33
Reduced
31
Top 10 Concentration
57.5%
Turnover
42.3%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
SPY 8.84% 7.12% +1.73% $8M
DHR 4.39% 2.99% +1.39% $4M
GOOGL 2.53% 1.83% +0.69% $2M
RGEN 1.87% 1.33% +0.53% $2M
INDA 5.69% 5.29% +0.40% $5M
MTCH 0.38% 0.00% +0.38% $328K
RYN 3.00% 2.62% +0.38% $3M
TPR 0.37% 0.00% +0.37% $321K
CFB 0.37% 0.00% +0.37% $317K
COF 0.37% 0.00% +0.37% $316K
TEX 0.36% 0.00% +0.36% $312K
SWI 0.36% 0.00% +0.36% $311K
DGII 0.36% 0.00% +0.36% $307K
TDY 0.35% 0.00% +0.35% $304K
ORCL 0.35% 0.00% +0.35% $303K

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
NEE 0.00% 4.04% -4.04% $0
FNV 0.00% 1.73% -1.73% $0
DE 1.24% 2.24% -1.00% $1M
VEU 20.61% 21.43% -0.81% $18M
VLTO 0.00% 0.40% -0.40% $0
FLEX 0.00% 0.34% -0.34% $0
HPE 0.00% 0.34% -0.34% $0
NTCT 0.00% 0.33% -0.33% $0
FOXA 0.00% 0.33% -0.33% $0
BDC 0.00% 0.33% -0.33% $0
SPTN 0.00% 0.33% -0.33% $0
SANM 0.00% 0.33% -0.33% $0
IMXI 0.00% 0.33% -0.33% $0
AVT 0.00% 0.32% -0.32% $0
CALM 0.00% 0.32% -0.32% $0

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 9 $17M 20.0%
Large Cap 50 $38M 44.2%
Mid Cap 50 $20M 23.3%
Small Cap 33 $7M 7.8%
Micro Cap 7 $4M 4.7%

Portfolio Analytics

Avg Market Cap
$111.4B
Median Market Cap
$6.2B
Avg P/E
34.6
Median P/E
19.7
Avg Dividend Yield
0.10%
Avg Beta
1.00
# Stocks
144
# ETFs / Funds
5

Top Holdings (149 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 VEU 20.61% 314,739 $18M $56.14 -$226K -30,261 -8.8%
2 SPY 8.84% 15,946 $8M $475.31 $2M +2,040 +14.7%
3 INDA 5.69% 100,000 $5M $48.81 $459K
4 DHR 4.39% 16,250 $4M $231.34 $1M +4,550 +38.9%
5 MA 4.00% 8,035 $3M $426.51 $246K
6 VWO 3.21% 67,000 $3M $41.10 $127K
7 RYN 3.00% 77,000 $3M $33.41 $381K
8 MSFT 2.94% 6,700 $3M $376.04 -$101K -1,600 -19.3%
9 GOOGL 2.53% 15,500 $2M $139.69 $634K +3,800 +32.5%
10 EQC 2.24% 100,000 $2M $19.20 $83K
11 RGEN 1.87% 8,900 $2M $179.80 $487K +1,900 +27.1%
12 EQT 1.68% 37,300 $1M $38.66 -$72K
13 SE 1.40% 29,600 $1M $40.50 $245K +7,900 +36.4%
14 SITM 1.34% 9,400 $1M $122.08 $74K
15 DE 1.24% 2,650 $1M $399.87 -$808K -2,300 -46.5%
16 EPHE 0.91% 30,000 $780K $25.99 $32K
17 BKCC 0.86% 189,878 $735K $3.87 $30K
18 TRIP 0.39% 15,576 $335K $21.53 $59K -1,089 -6.5%
19 PLUS 0.38% 4,123 $329K $79.84 $67K
20 ATNI 0.38% 8,428 $328K $38.97 $55K -244 -2.8%
21 META 0.38% 926 $328K $353.96 $50K
22 MTCH 0.38% 8,975 $328K $36.50 +8,975 NEW
23 PLAB 0.38% 10,402 $326K $31.37 $69K -2,348 -18.4%
24 TPR 0.37% 8,720 $321K $36.81 +8,720 NEW
25 CFB 0.37% 23,351 $317K $13.58 +23,351 NEW
26 COF 0.37% 2,410 $316K $131.12 +2,410 NEW
27 BLMN 0.37% 11,207 $315K $28.15 $58K +756 +7.2%
28 EEFT 0.37% 3,107 $315K $101.49 $46K -288 -8.5%
29 PHM 0.37% 3,054 $315K $103.22 $50K -529 -14.8%
30 TEX 0.36% 5,430 $312K $57.46 +5,430 NEW
31 ACMR 0.36% 15,933 $311K $19.54 $52K +1,582 +11.0%
32 SWI 0.36% 24,911 $311K $12.49 +24,911 NEW
33 OMC 0.36% 3,585 $310K $86.51 $30K -170 -4.5%
34 FNB 0.36% 22,368 $308K $13.77 $67K
35 HEES 0.36% 5,872 $307K $52.32 $47K -158 -2.6%
36 CMCSA 0.36% 7,006 $307K $43.85 $33K +829 +13.4%
37 DGII 0.36% 11,813 $307K $26.00 +11,813 NEW
38 STEL 0.36% 10,975 $306K $27.84 $40K -1,483 -11.9%
39 AVNW 0.36% 9,346 $305K $32.66 $40K +841 +9.9%
40 TDY 0.35% 681 $304K $446.29 +681 NEW
41 KE 0.35% 11,261 $303K $26.95 $40K +1,621 +16.8%
42 ORCL 0.35% 2,874 $303K $105.43 +2,874 NEW
43 UNM 0.35% 6,672 $302K $45.22 $54K +1,639 +32.6%
44 RNST 0.35% 8,957 $302K $33.68 $67K
45 SMLR 0.35% 6,747 $299K $44.29 $54K -2,885 -29.9%
46 MCK 0.35% 643 $298K $462.98 $43K +58 +9.9%
47 WEX 0.35% 1,529 $297K $194.55 $49K +206 +15.6%
48 PYPL 0.35% 4,830 $297K $61.41 $47K +559 +13.1%
49 MLR 0.35% 7,012 $297K $42.29 +7,012 NEW
50 URI 0.35% 517 $296K $573.42 $38K -65 -11.2%
51 OSIS 0.35% 2,297 $296K $129.05 $25K
52 ACIW 0.35% 9,687 $296K $30.60 +9,687 NEW
53 TDC 0.35% 6,808 $296K $43.51 +6,808 NEW
54 AGX 0.35% 6,321 $296K $46.79 $28K +441 +7.5%
55 PSMT 0.34% 3,900 $296K $75.78 $27K +293 +8.1%
56 PCAR 0.34% 3,024 $295K $97.65 +3,024 NEW
57 CPAY 0.34% 1,042 $294K $282.61 $35K +26 +2.6%
58 NSSC 0.34% 8,596 $294K $34.25 +8,596 NEW
59 AKAM 0.34% 2,487 $294K $118.35 +2,487 NEW
60 FULT 0.34% 17,874 $294K $16.46 $53K -2,035 -10.2%
61 COLL 0.34% 9,546 $294K $30.78 $50K -1,348 -12.4%
62 FFIV 0.34% 1,640 $294K $178.98 $29K
63 MCS 0.34% 20,044 $292K $14.58 $26K +2,836 +16.5%
64 ALGM 0.34% 9,650 $292K $30.27 +9,650 NEW
65 AVGO 0.34% 261 $291K $1,116.25 +261 NEW
66 CENT 0.34% 5,812 $291K $50.11 +5,812 NEW
67 GXO 0.34% 4,760 $291K $61.16 +4,760 NEW
68 ONB 0.34% 17,230 $291K $16.89 $40K
69 HTBK 0.34% 29,300 $291K $9.92 $42K
70 PFGC 0.34% 4,192 $290K $69.15 +4,192 NEW
71 CI 0.34% 967 $290K $299.45 $36K +79 +8.9%
72 CARS 0.34% 15,191 $288K $18.97 $13K -1,114 -6.8%
73 MCHP 0.34% 3,185 $287K $90.18 $12K -342 -9.7%
74 CVSA 0.33% 4,865 $287K $58.95 $22K -1,326 -21.4%
75 TRMK 0.33% 10,274 $286K $27.88 +10,274 NEW
76 IBM 0.33% 1,746 $286K $163.55 +1,746 NEW
77 HCA 0.33% 1,054 $285K $270.68 $39K +52 +5.2%
78 ADNT 0.33% 7,818 $284K $36.36 $19K +595 +8.2%
79 DOX 0.33% 3,232 $284K $87.89 $11K
80 L 0.33% 4,059 $282K $69.59 $25K
81 JKHY 0.33% 1,727 $282K $163.41 +1,727 NEW
82 UTHR 0.33% 1,275 $280K $219.89 $17K +108 +9.2%
83 HCKT 0.33% 12,302 $280K $22.77 $21K +1,297 +11.8%
84 HUM 0.33% 609 $279K $457.81 $28K +93 +18.0%
85 AGCO 0.32% 2,292 $278K $121.41 $7K
86 VLGEA 0.32% 10,576 $277K $26.23 -$2K -1,783 -14.4%
87 ANF 0.32% 3,144 $277K $88.22 -$27K -2,256 -41.8%
88 MOH 0.32% 767 $277K $361.31 $16K -30 -3.8%
89 GEN 0.32% 12,131 $277K $22.82 $19K -2,424 -16.6%
90 OPY 0.32% 6,694 $277K $41.32 +6,694 NEW
91 ANTM 0.32% 586 $276K $471.56 $24K +7 +1.2%
92 FI 0.32% 2,071 $275K $132.84 $19K -197 -8.7%
93 COKE 0.32% 296 $275K $928.40 $20K -104 -26.0%
94 ADUS 0.32% 2,957 $275K $92.85 +2,957 NEW
95 DAKT 0.32% 32,326 $274K $8.48 $18K +3,655 +12.8%
96 BBW 0.32% 11,918 $274K $22.99 -$19K +1,953 +19.6%
97 LRN 0.32% 4,596 $273K $59.37 $7K -1,308 -22.1%
98 ODC 0.32% 4,059 $272K $67.08 +4,059 NEW
99 CIVB 0.32% 14,744 $272K $18.44 $43K
100 UHS 0.31% 1,771 $270K $152.44 $14K -266 -13.1%

Options Breakdown

0 Calls $0 Call Value 1 Puts $369K Put Value

Top Puts

SymbolSharesValueStatus
MSTR 35 $369K

New Positions

SymbolValue% Port
MTCH $328K 0.38%
TPR $321K 0.37%
CFB $317K 0.37%
COF $316K 0.37%
TEX $312K 0.36%
SWI $311K 0.36%
DGII $307K 0.36%
TDY $304K 0.35%
ORCL $303K 0.35%
MLR $297K 0.35%
ACIW $296K 0.35%
TDC $296K 0.35%
PCAR $295K 0.34%
NSSC $294K 0.34%
AKAM $294K 0.34%

Sold Out Positions

SymbolValue% Port
WNC —%
HPE —%
NEE —%
FNV —%
ASB —%
BDC —%
AEE —%
DAR —%
VLTO —%
GM —%
ALGT —%
IMXI —%
CALM —%
FOXA —%
FLEX —%
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