Institution

Blackrock Group Ltd

13F for December 31, 2016, filed February 10, 2017 · SEC CIK 1003283 · Holdings history from March 31, 1999

The latest available holdings for this manager are dated December 31, 2016.

Reported value: $210.1bn
Positions we cover: 1,570
Copy, a year: +13.6%
Copy Sharpe ratio: 1.14

Copy-performance statistics: August 16, 2013 to May 26, 2017. Holdings history can start earlier than the price data used for performance.

Historical holdings

Holdings across the available history, including securities outside our stock coverage. Select a date to view the holdings for that period.

Related reporting managers

SEC notices identify these reporting relationships. Each manager retains its own holdings history; changes in reporting scope can involve several managers.

Holdings reported by Blackrock Inc. · SEC notice for March 31, 2017
Holdings reported by Blackrock, Inc. · SEC notice for December 31, 2024

Holdings date Find a security

2,974 reported entries for December 31, 2016.

Issuer	Class / type	Reported value	Quantity
FREDS INC356108100	CL A	$1.4m	77,140
FREEPORT-MCMORAN INC35671D857 · FCX	CL B	$143.5m	10,876,317
GRANA Y MONTERO S A A38500P208	SPONSORED ADR	$694,000	97,000
GRAND CANYON ED INC38526M106 · LOPE	COM	$1.9m	33,120
GRANITE CONSTR INC387328107 · GVA	COM	$1.8m	31,961
GRAPHIC PACKAGING HLDG CO388689101 · GPK	COM	$6.8m	544,260
HERC HLDGS INC42704L104 · HRI	COM	$2.4m	60,945
HERCULES CAPITAL INC427096508 · HTGC	COM	$7.2m	509,336
HERITAGE COMMERCE CORP426927109	COM	$329,000	22,827
HERITAGE FINL CORP WASH42722X106 · HFWA	COM	$610,000	23,668
HERITAGE INS HLDGS INC42727J102 · HRTG	COM	$166,000	10,598
HERON THERAPEUTICS INC427746102 · HRTX	COM	$164,000	12,582
HERSHA HOSPITALITY TR427825500	PR SHS BEN INT	$6.7m	313,457
HERSHEY CO427866108 · HSY	COM	$159.5m	1,541,663
HERTZ GLOBAL HLDGS INC42806J106	COM	$2.3m	108,060
HESS CORP42809H107	COM	$237.7m	3,815,425
INTERDIGITAL INC45867G101 · IDCC	COM	$2.8m	30,775
INTERFACE INC458665304 · TILE	COM	$3.1m	166,888
INTERNATIONAL BANCSHARES COR459044103	COM	$2.1m	52,546
INTERNATIONAL BUSINESS MACHS459200101 · IBM	COM	$1.3bn	7,943,996
INTERNATIONAL FLAVORS&FRAGRA459506101 · IFF	COM	$75.8m	643,683
INTERNATIONAL GAME TECHNOLOGG4863A108 · BRSL	SHS USD	$6.1m	239,482
INTERNATIONAL SEAWAYS INCY41053102 · INSW	COM	$252,000	17,982
INTERNATIONAL SPEEDWAY CORP460335201	CL A	$1.2m	31,898
INTERPUBLIC GROUP COS INC460690100	COM	$110.1m	4,704,492
INTERSECT ENT INC46071F103	COM	$88,000	7,250
INTERSIL CORP46069S109	CL A	$2.9m	128,930
LIBERTY PPTY TR531172104	SH BEN INT	$80.2m	2,031,087
LIBERTY TRIPADVISOR HLDGS IN531465102	COM SER A	$1.2m	77,720
LIFE STORAGE INC53223X107	COM	$28.0m	328,140
LIFELOCK INC53224V100	COM	$1.5m	60,650
LIFEPOINT HEALTH INC53219L109	COM	$1.9m	34,215
LIGAND PHARMACEUTICALS INC53220K504 · LGND	COM NEW	$4.0m	39,535
LILLY ELI & CO532457108 · LLY	COM	$680.2m	9,248,749
LIMELIGHT NETWORKS INC53261M104	COM	$313,000	124,115
LINCOLN ELEC HLDGS INC533900106 · LECO	COM	$5.5m	71,657
LINCOLN NATL CORP IND534187109 · LNC	COM	$154.9m	2,337,815
LINDBLAD EXPEDITIONS HLDGS I535219109 · LIND	COM	$149,000	15,790
WAGEWORKS INC930427109	COM	$5.4m	74,379
WAL-MART STORES INC931142103 · WMT	COM	$940.4m	13,606,025
WALGREENS BOOTS ALLIANCE INC931427108	COM	$753.4m	9,103,427
WALKER & DUNLOP INC93148P102 · WD	COM	$2.4m	77,205
WALTER INVT MGMT CORP93317W102	COM	$200,000	41,992
WASHINGTON FED INC938824109 · WAFD	COM	$2.6m	75,708
WASHINGTON PRIME GROUP NEW93964W108	COM	$13.7m	1,318,853
WASHINGTON REAL ESTATE INVT939653101 · ELME	SH BEN INT	$16.6m	507,270
WASHINGTON TR BANCORP940610108 · WASH	COM	$493,000	8,791
WASTE CONNECTIONS INC94106B101 · WCN	COM	$43.8m	557,692
SYNDAX PHARMACEUTICALS INC87164F105 · SNDX	COM	$1.3m	175,926
SYNERGY PHARMACEUTICALS DEL871639308	COM NEW	$539,000	88,424
SYNERGY RES CORP87164P103	COM	$4.2m	472,336
SYNNEX CORP87162W100 · SNX	COM	$8.7m	72,177
SYNOPSYS INC871607107 · SNPS	COM	$82.9m	1,408,982
SYNOVUS FINL CORP87161C501	COM NEW	$8.0m	194,871
SYNTEL INC87162H103	COM	$471,000	23,848
SYSCO CORP871829107 · SYY	COM	$251.5m	4,541,759
T MOBILE US INC872590104 · TMUS	COM	$122.7m	2,134,338
T MOBILE US INC872590203	CONV PFD SER A	$1.7m	18,050
TABLEAU SOFTWARE INC87336U105	CL A	$2.7m	64,560
NACCO INDS INC629579103 · NC	CL A	$140,000	1,543
NANOMETRICS INC630077105	COM	$1.3m	50,316
NANTKWEST INC63016Q102	COM	$18,000	3,100
NASDAQ INC631103108 · NDAQ	COM	$80.7m	1,202,346
NATERA INC632307104 · NTRA	COM	$298,000	25,404
NATIONAL BEVERAGE CORP635017106 · FIZZ	COM	$430,000	8,442
NATIONAL BK HLDGS CORP633707104 · NBHC	CL A	$2.4m	74,237
NATIONAL CINEMEDIA INC635309107 · NCMI	COM	$835,000	56,728
NATIONAL FUEL GAS CO N J636180101 · NFG	COM	$5.4m	95,397
NATIONAL GEN HLDGS CORP636220303	COM	$1.0m	40,487
PETMED EXPRESS INC716382106 · PETS	COM	$932,000	40,406
PETROLEO BRASILEIRO SA PETRO71654V101	SP ADR NON VTG	$150.8m	17,118,196
PETROLEO BRASILEIRO SA PETRO71654V408 · PBR	SPONSORED ADR	$71.1m	7,030,163
PETROQUEST ENERGY INC716748306	COM NEW	$11,000	3,250
PFENEX INC717071104	COM	$2.5m	280,292
PFIZER INC717081103 · PFE	COM	$2.1bn	65,100,942
PRA HEALTH SCIENCES INC69354M108	COM	$3.5m	63,210
PRAXAIR INC74005P104	COM	$282.0m	2,406,099
PREFERRED BK LOS ANGELES CA740367404	COM NEW	$339,000	6,456
SERVICEMASTER GLOBAL HLDGS I81761R109	COM	$8.3m	221,539
SERVICENOW INC81762P102 · NOW	COM	$75.0m	1,008,522
SERVICESOURCE INTL INC81763U100	COM	$473,000	83,465
SERVISFIRST BANCSHARES INC81768T108 · SFBS	COM	$3.0m	79,446
SHAKE SHACK INC819047101 · SHAK	CL A	$252,000	7,039
SHENANDOAH TELECOMMUNICATION82312B106 · SHEN	COM	$614,000	22,495
SHERWIN WILLIAMS CO824348106 · SHW	COM	$190.9m	710,268
SHINHAN FINANCIAL GROUP CO L824596100	SPN ADR RESTRD	$1.1m	28,227
SHIP FINANCE INTERNATIONAL LG81075106	SHS	$38,000	2,545
SHIRE PLC82481R106	SPONSORED ADR	$21.1m	123,678
TYLER TECHNOLOGIES INC902252105 · TYL	COM	$3.3m	23,229
TYSON FOODS INC902494103 · TSN	CL A	$176.0m	2,853,182
TYSON FOODS INC902494301 · TSN	UNIT 99/99/9999	$7.2m	106,501
U S CONCRETE INC90333L201	COM NEW	$1.7m	26,386
U S G CORP903293405	COM NEW	$1.9m	67,202
U S PHYSICAL THERAPY INC90337L108 · USPH	COM	$1.7m	24,891
U S SILICA HLDGS INC90346E103	COM	$14.0m	246,326
U.S. AUTO PARTS NETWORK INC90343C100	COM	$105,000	29,845
UBIQUITI NETWORKS INC90347A100	COM	$2.1m	36,644
UDR INC902653104 · UDR	COM	$153.2m	4,200,383
UGI CORP NEW902681105 · UGI	COM	$33.0m	716,784
ULTA SALON COSMETCS & FRAG I90384S303 · ULTA	COM	$131.5m	515,884

Values use the units disclosed in the source. Where a dollar scale cannot be established, the original amount is shown as filed. Rows may include separate allocations, options and principal amounts; these are kept separate from the covered-stock portfolio used for performance.

How copying its 13F would have done

CopyS&P 500 $10,000 copying Blackrock Group Ltd's usable filed holdings in companies we cover from August 16, 2013, rebalancing at the first weekly close after each usable filing and holding until the next, against the S&P 500 (total return). Missing prices carry their last observed value. Marked weekly, log scale. Before costs and taxes; misses trading within each quarter and anything 13F does not show (shorts, cash, bonds, non-US holdings).

Biggest drop −11.4% (S&P 500 −11.2%); beta 1.00; alpha +0.7% a year (t = 1.57); last 12 months +21.2% against +20.1%.

Reported value by quarter

Blackrock Group Ltd: 13F reported value Total reported value where the source's dollar units can be established. Earlier filings in thousands of dollars are converted; dates with unresolved value units are omitted.

View chart data

Period	Reported value
2013-06-30	$131.9B
2013-09-30	$149B
2013-12-31	$155.2B
2014-03-31	$159.6B
2014-06-30	$173.9B
2014-09-30	$172.5B
2014-12-31	$186.8B
2015-03-31	$185.5B
2015-06-30	$183.7B
2015-09-30	$170.8B
2015-12-31	$181.7B
2016-03-31	$185.3B
2016-06-30	$192.8B
2016-09-30	$198.7B
2016-12-31	$210.1B

Latest covered holdings and moves

Covered holdings as of December 31, 2016.

Company	Share of portfolio	Value	Shares	Change in shares
AAPLApple Inc.	2.67%	$5.6bn	48.46M	+2.4% Added
MSFTMicrosoft Corporation	1.95%	$4.1bn	65.82M	+1.2% Added
JNJJohnson & Johnson	1.40%	$2.9bn	25.59M	+1.3% Added
JPMJPMorgan Chase	1.33%	$2.8bn	32.32M	+2.3% Added
AMZNAmazon	1.21%	$2.5bn	3.40M	+5.9% Added
METAMeta Platforms	1.11%	$2.3bn	20.20M	+11.8% Added
TAT&T	1.04%	$2.2bn	51.29M	+4.2% Added
WFCWells Fargo	1.03%	$2.2bn	39.40M	−1.8% Reduced
PFEPfizer	1.01%	$2.1bn	65.10M	+10.6% Added
BACBank of America	1.00%	$2.1bn	95.10M	+4.1% Added
CVXChevron Corporation	0.94%	$2.0bn	16.81M	+3.9% Added
GOOGLAlphabet Inc. (Class A)	0.91%	$1.9bn	2.42M	+3.2% Added
VZVerizon	0.91%	$1.9bn	35.81M	+2.2% Added
PGProcter & Gamble	0.90%	$1.9bn	22.37M	+1.2% Added
CSCOCisco	0.80%	$1.7bn	55.53M	+4.1% Added
CCitigroup	0.78%	$1.6bn	27.59M	+4.6% Added
INTCIntel	0.77%	$1.6bn	44.59M	+6.6% Added
UNHUnitedHealth Group	0.76%	$1.6bn	10.01M	+5.4% Added
MRKMerck & Co.	0.75%	$1.6bn	26.78M	+2.4% Added
CMCSAComcast	0.72%	$1.5bn	21.81M	+3.8% Added
HDThe Home Depot	0.69%	$1.5bn	10.87M	+5.7% Added
KOThe Coca-Cola Company	0.69%	$1.5bn	35.03M	+2.2% Added
DISThe Walt Disney Company	0.66%	$1.4bn	13.27M	+10.3% Added
BABAAlibaba Group Holding Ltd	0.64%	$1.3bn	15.33M	−4.6% Reduced
PEPPepsiCo	0.64%	$1.3bn	12.76M	+5.6% Added
IBMIBM	0.63%	$1.3bn	7.94M	+7.5% Added
VVisa Inc.	0.58%	$1.2bn	15.60M	+1.0% Added
SLBSchlumberger	0.56%	$1.2bn	14.01M	+5.4% Added
MOAltria	0.55%	$1.2bn	17.19M	+0.4%
AMGNAmgen	0.51%	$1.1bn	7.30M	+1.4% Added
PMPhilip Morris International	0.50%	$1.0bn	11.47M	+6.6% Added
QCOMQualcomm	0.50%	$1.0bn	16.05M	+2.9% Added
MAMastercard	0.49%	$1.0bn	9.96M	−2.1% Reduced
GILDGilead Sciences	0.48%	$1.0bn	14.22M	+8.2% Added
MCDMcDonald's	0.46%	$970.6m	7.97M	−2.1% Reduced
MMM3M	0.46%	$958.2m	5.37M	+2.4% Added
WMTWalmart	0.45%	$940.4m	13.61M	+9.1% Added
ORCLOracle Corporation	0.44%	$924.4m	24.04M	+4.2% Added
NEMNewmont	0.43%	$910.8m	26.73M	+2.3% Added
MDTMedtronic	0.43%	$898.6m	12.62M	+1.0% Added
ABBVAbbVie	0.42%	$891.9m	14.24M	+6.8% Added
SPGSimon Property Group	0.42%	$890.2m	5.01M	+1.7% Added
GSGoldman Sachs	0.42%	$880.9m	3.68M	+6.8% Added
BMYBristol Myers Squibb	0.41%	$871.9m	14.92M	−0.2%
CVSCVS Health	0.41%	$858.9m	10.88M	+8.3% Added
USBU.S. Bancorp	0.37%	$786.3m	15.31M	−3.3% Reduced
ACNAccenture	0.37%	$777.6m	6.64M	+3.4% Added
TXNTexas Instruments	0.36%	$761.2m	10.43M	+1.1% Added
UPSUnited Parcel Service	0.35%	$727.7m	6.35M	+7.2% Added
SBUXStarbucks	0.34%	$717.1m	12.92M	+0.4%
BABoeing	0.33%	$700.4m	4.50M	+5.7% Added
UNPUnion Pacific Corporation	0.33%	$693.9m	6.69M	+6.6% Added
LLYLilly (Eli)	0.32%	$680.2m	9.25M	−7.9% Reduced
LOWLowe's	0.32%	$673.6m	9.47M	+11.1% Added
CBChubb Limited	0.32%	$665.8m	5.04M	+7.5% Added
COPConocoPhillips	0.31%	$654.4m	13.05M	+5.5% Added
NEENextEra Energy	0.30%	$636.6m	5.33M	+11.2% Added
EOGEOG Resources	0.30%	$635.7m	6.29M	+11.7% Added
BIIBBiogen	0.30%	$621.4m	2.19M	+8.2% Added
MDLZMondelez International	0.29%	$606.6m	13.68M	+0.4%
BKNGBooking Holdings	0.29%	$603.4m	411.6K	+2.6% Added
MSMorgan Stanley	0.28%	$587.8m	14.12M	+13.3% Added
COSTCostco	0.28%	$577.4m	3.61M	+4.3% Added
AIGAmerican International Group	0.28%	$577.0m	8.83M	−5.0% Reduced
ADPAutomatic Data Processing	0.27%	$566.2m	5.51M	−3.5% Reduced
OXYOccidental Petroleum	0.27%	$558.9m	7.85M	+5.2% Added
METMetLife	0.26%	$546.1m	10.13M	−4.2% Reduced
TJXTJX Companies	0.26%	$544.2m	7.24M	+2.2% Added
SCHWCharles Schwab Corporation	0.26%	$537.9m	13.63M	−2.8% Reduced
NKENike, Inc.	0.26%	$536.6m	10.56M	−0.5% Reduced
CHTRCharter Communications	0.25%	$526.7m	1.83M	+4.4% Added
ELVElevance Health	0.25%	$526.5m	3.66M	+1.9% Added
PRUPrudential Financial	0.24%	$514.0m	4.94M	−6.7% Reduced
BIDUBaidu, Inc.	0.24%	$508.6m	3.09M	−11.2% Reduced
DHRDanaher Corporation	0.24%	$500.6m	6.43M	+11.2% Added
PSAPublic Storage	0.24%	$500.4m	2.24M	−1.6% Reduced
ABTAbbott Laboratories	0.24%	$499.9m	13.01M	+1.7% Added
CMECME Group	0.23%	$491.9m	4.26M	−6.0% Reduced
SOSouthern Company	0.23%	$489.0m	9.94M	+2.1% Added
LMTLockheed Martin	0.23%	$484.3m	1.94M	+10.6% Added
DUKDuke Energy	0.23%	$482.7m	6.22M	+4.6% Added
ADBEAdobe Inc.	0.23%	$481.1m	4.67M	−4.2% Reduced
TRVThe Travelers Companies	0.23%	$478.8m	3.91M	+3.3% Added
AXPAmerican Express	0.23%	$477.4m	6.44M	+5.6% Added
CLColgate-Palmolive	0.23%	$475.5m	7.27M	+6.4% Added
TMOThermo Fisher Scientific	0.23%	$473.8m	3.36M	−4.6% Reduced
NVDANVIDIA Corporation	0.23%	$473.4m	4.44M	+2.0% Added
CATCaterpillar Inc.	0.22%	$468.9m	5.06M	+9.4% Added
PNCPNC Financial Services	0.22%	$460.4m	3.94M	+3.3% Added
KHCKraft Heinz	0.22%	$460.3m	5.27M	+5.1% Added
TGTTarget Corporation	0.21%	$448.9m	6.22M	+1.4% Added
DDominion Energy	0.21%	$445.0m	5.81M	+0.8% Added
MRSHMarsh McLennan	0.21%	$441.4m	6.53M	+19.5% Added
MPCMarathon Petroleum	0.21%	$438.4m	8.71M	−0.1%
BNYBNY Mellon	0.21%	$435.1m	9.18M	+5.9% Added
FDXFedEx	0.21%	$434.6m	2.33M	+3.6% Added
SYKStryker Corporation	0.20%	$420.5m	3.51M	+5.8% Added
HALHalliburton	0.20%	$416.2m	7.69M	+8.9% Added
GMGeneral Motors	0.20%	$413.5m	11.87M	+10.6% Added
NFLXNetflix	0.20%	$412.8m	3.33M	+3.6% Added
PSXPhillips 66	0.20%	$410.9m	4.75M	+2.7% Added
COFCapital One	0.19%	$403.1m	4.62M	+5.7% Added
FFord Motor Company	0.19%	$401.4m	33.09M	+5.0% Added
BLKBlackRock	0.19%	$392.3m	1.03M	+6.0% Added
GISGeneral Mills	0.19%	$392.0m	6.35M	−3.9% Reduced
PLDPrologis	0.18%	$389.0m	7.37M	+2.8% Added
KMBKimberly-Clark	0.18%	$387.3m	3.39M	+5.6% Added
AMTAmerican Tower	0.18%	$384.4m	3.64M	−4.4% Reduced
VLOValero Energy	0.18%	$375.9m	5.50M	+3.1% Added
WELLWelltower	0.18%	$375.5m	5.61M	+5.8% Added
BKRBaker Hughes	0.18%	$371.6m	5.72M	+7.9% Added
INTUIntuit	0.17%	$357.9m	3.12M	+3.8% Added
EXCExelon	0.17%	$356.9m	10.06M	+13.2% Added
HUMHumana	0.17%	$355.2m	1.74M	+24.0% Added
BAXBaxter International	0.17%	$355.0m	8.01M	+6.9% Added
JCIJohnson Controls	0.17%	$352.4m	8.55M	+9.0% Added
CICigna	0.17%	$350.8m	2.63M	+9.9% Added
PYPLPayPal	0.17%	$350.4m	8.88M	+3.7% Added
BDXBecton Dickinson	0.17%	$350.2m	2.12M	+0.7% Added
ADMArcher Daniels Midland	0.17%	$348.2m	7.63M	+22.2% Added
ITWIllinois Tool Works	0.16%	$340.0m	2.78M	+1.9% Added
VMRKVivmark Residential	0.16%	$336.3m	5.23M	+1.6% Added
CTSHCognizant	0.16%	$335.2m	5.98M	+17.5% Added
KMIKinder Morgan	0.16%	$331.9m	16.03M	+4.8% Added
CRMSalesforce	0.16%	$331.2m	4.84M	+1.0% Added
DVNDevon Energy	0.16%	$329.0m	7.20M	+5.0% Added
AMATApplied Materials	0.16%	$328.5m	10.18M	+13.8% Added
VTRVentas	0.16%	$328.3m	5.25M	+1.1% Added
HPEHewlett Packard Enterprise	0.15%	$324.2m	14.01M	+8.2% Added
GDGeneral Dynamics	0.15%	$318.7m	1.85M	−24.4% Reduced
NOCNorthrop Grumman	0.15%	$318.2m	1.37M	+8.4% Added
WMWaste Management	0.15%	$309.6m	4.37M	−1.1% Reduced
MCKMcKesson	0.15%	$307.7m	2.19M	−10.9% Reduced
ALLAllstate	0.14%	$305.2m	4.12M	+6.6% Added
CAHCardinal Health	0.14%	$304.7m	4.23M	+8.5% Added
APDAir Products	0.14%	$302.8m	2.11M	+24.0% Added
PCGPG&E Corporation	0.14%	$295.7m	4.87M	+9.4% Added
CCICrown Castle	0.14%	$295.3m	3.40M	+7.7% Added
BSXBoston Scientific	0.14%	$295.1m	13.64M	−1.8% Reduced
CSXCSX Corporation	0.14%	$289.4m	8.06M	+5.0% Added
EMREmerson Electric	0.14%	$289.3m	5.19M	+5.8% Added
IPInternational Paper	0.14%	$288.7m	5.44M	+2.9% Added
DALDelta Air Lines	0.14%	$288.1m	5.86M	+54.8% Added
ETNEaton Corporation	0.14%	$286.0m	4.26M	+7.7% Added
KRKroger	0.14%	$285.5m	8.27M	−3.5% Reduced
AEPAmerican Electric Power	0.14%	$283.6m	4.50M	+7.9% Added
CFGCitizens Financial Group	0.14%	$282.7m	7.93M	−2.6% Reduced
EBAYeBay Inc.	0.13%	$280.5m	9.45M	+12.2% Added
EDConsolidated Edison	0.13%	$279.6m	3.79M	+11.9% Added
BXPBXP, Inc.	0.13%	$279.3m	2.22M	+2.4% Added

Company	Bought (value)	Shares
METAMeta Platforms	$244.9m	2.13M
ICEIntercontinental Exchange	$215.5m	3.82M
PFEPfizer	$202.6m	6.24M
AMZNAmazon	$143.1m	190.9K
DISThe Walt Disney Company	$129.6m	1.24M
AAPLApple Inc.	$129.0m	1.11M
YUMCYum China Holdings, Inc.	$123.0m	4.71M
DALDelta Air Lines	$101.9m	2.07M
INTCIntel	$99.5m	2.74M
MNSTMonster Beverage	$93.2m	2.10M
IBMIBM	$92.2m	555.6K
TAT&T	$87.3m	2.05M
BACBank of America	$83.2m	3.77M
HCAHCA Healthcare	$83.1m	1.12M
UNHUnitedHealth Group	$82.1m	513.0K

Change in shares on the previous quarter's 13F, valued at this quarter's reported price.

Company	Sold (value)	Shares
AAAlcoa Corp	−$310.9m	−11.07M
GDGeneral Dynamics	−$102.7m	−594.7K
ALLYAlly Financial Inc.	−$64.7m	−3.40M
BABAAlibaba Group Holding Ltd	−$64.3m	−732.0K
BIDUBaidu, Inc.	−$64.1m	−390.1K
LLYLilly (Eli)	−$58.6m	−797.2K
URIUnited Rentals	−$40.6m	−384.5K
WFCWells Fargo	−$39.2m	−711.9K
ABEVAmbev S.a.	−$39.0m	−7.93M
MCKMcKesson	−$37.6m	−267.7K
PRUPrudential Financial	−$36.8m	−353.4K
HSYThe Hershey Company	−$36.0m	−348.1K
CMECME Group	−$31.2m	−270.7K
AIGAmerican International Group	−$30.1m	−460.2K
NBHCNational Bank Holdings Corp	−$29.3m	−919.0K

Change in shares on the previous quarter's 13F, valued at this quarter's reported price.

Company	Value last quarter	Shares
CCJCameco Corp	$13.2m	1.54M
QSRRestaurant Brands International Inc.	$4.2m	95.3K
AZNAstrazeneca PLC	$4.1m	124.0K
ERICEricsson LM Telephone Co	$3.6m	505.3K
MPLXMplx LP	$2.2m	65.3K
TTDTrade Desk, Inc.	$265,000	9.1K
LABStandard Biotools Inc.	$98,000	12.2K
OCULOcular Therapeutix, Inc	$90,000	13.1K
YRDYiren Digital Ltd.	$45,000	1.9K
IPIIntrepid Potash, Inc.	$43,000	38.2K
UTIUniversal Technical Institute Inc	$25,000	14.3K

Financials16.9%
Technology15.4%
Health Care14.6%
Consumer Discretionary10.4%
Consumer Staples9.1%
Industrials8.3%
Communication Services8.3%
Energy5.3%
Real Estate4.8%
Utilities3.9%
Materials2.9%

Share of the value held in companies we cover, by sector.

Period	Copy, a year	S&P 500	Sharpe	S&P 500	Biggest drop	Beta
Whole backtestAugust 16, 2013 to May 26, 2017	+13.6%	+12.7%	1.14	1.08	−11.4%	1.00
Last three yearsMay 30, 2014 to May 26, 2017	+11.0%	+10.1%	0.90	0.84	−11.4%	1.01
Last yearMay 27, 2016 to May 26, 2017	+18.5%	+17.4%	1.92	1.84	−4.4%	1.00

From SEC Form 13F data sets. A 13F lists long positions in US-listed shares at the quarter's end, filed up to 45 days later; it does not show shorts, cash, bonds, non-US holdings or trades within the quarter. Positions in companies outside our coverage are not listed here. Research, not investment advice.