Latest ATLANTIC INVESTMENT MANAGEMENT, INC. Stock Portfolio
$227Million– No. of Holdings #11
ATLANTIC INVESTMENT MANAGEMENT, INC. Performance:
2024 Q1: 7.58%YTD: 7.58%2023: 16.55%
Performance for 2024 Q1 is 7.58%, and YTD is 7.58%, and 2023 is 16.55%.
About ATLANTIC INVESTMENT MANAGEMENT, INC. and 13F Hedge Fund Stock Holdings
ATLANTIC INVESTMENT MANAGEMENT, INC. is a hedge fund based in NEW YORK, NY. On 05-Jul-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $336.7 Millions. In it's latest 13F Holdings report, ATLANTIC INVESTMENT MANAGEMENT, INC. reported an equity portfolio of $227.8 Millions as of 31 Mar, 2024.
The top stock holdings of ATLANTIC INVESTMENT MANAGEMENT, INC. are EMN, WCC, WFRD. The fund has invested 16.2% of it's portfolio in EASTMAN CHEM CO and 15.1% of portfolio in WESCO INTL INC.
They significantly reduced their stock positions in TIMKEN CO (TKR), ASHLAND INC (ASH) and FLOWSERVE CORP (FLS). ATLANTIC INVESTMENT MANAGEMENT, INC. opened new stock positions in CAPRI HOLDINGS LIMITED (CPRI). The fund showed a lot of confidence in some stocks as they added substantially to PATTERSON-UTI ENERGY INC (PTEN), GOODYEAR TIRE & RUBR CO (GT) and WESCO INTL INC (WCC).
The top stock holdings of ATLANTIC INVESTMENT MANAGEMENT, INC. are EMN, WCC, WFRD. The fund has invested 16.2% of it's portfolio in EASTMAN CHEM CO and 15.1% of portfolio in WESCO INTL INC.
They significantly reduced their stock positions in TIMKEN CO (TKR), ASHLAND INC (ASH) and FLOWSERVE CORP (FLS). ATLANTIC INVESTMENT MANAGEMENT, INC. opened new stock positions in CAPRI HOLDINGS LIMITED (CPRI). The fund showed a lot of confidence in some stocks as they added substantially to PATTERSON-UTI ENERGY INC (PTEN), GOODYEAR TIRE & RUBR CO (GT) and WESCO INTL INC (WCC).
ATLANTIC INVESTMENT MANAGEMENT, INC. Equity Portfolio Value
Last Reported on: 15 May, 2024
ATLANTIC INVESTMENT MANAGEMENT, INC. Annual Return Estimates Vs S&P 500
Our best estimate is that ATLANTIC INVESTMENT MANAGEMENT, INC. made a return of 7.58% in the last quarter. In trailing 12 months, it's portfolio return was 22.84%.
New Buys
| Ticker | $ Bought |
|---|---|
| capri holdings limited | 5,436,000 |
New stocks bought by ATLANTIC INVESTMENT MANAGEMENT, INC.
Additions
| Ticker | % Inc. |
|---|---|
| patterson-uti energy inc | 108 |
| goodyear tire & rubr co | 30.76 |
| wesco intl inc | 9.39 |
| terex corp new | 0.85 |
| eastman chem co | 0.55 |
Additions to existing portfolio by ATLANTIC INVESTMENT MANAGEMENT, INC.
Reductions
| Ticker | % Reduced |
|---|---|
| timken co | -58.49 |
| ashland inc | -48.06 |
| flowserve corp | -26.04 |
| weatherford intl plc | -1.01 |
ATLANTIC INVESTMENT MANAGEMENT, INC. reduced stake in above stock
Sold off
Sector Distribution
ATLANTIC INVESTMENT MANAGEMENT, INC. has about 43.4% of it's holdings in Industrials sector.
| Sector | % |
|---|---|
| Industrials | 43.4 |
| Energy | 23.5 |
| Basic Materials | 22.3 |
| Consumer Cyclical | 10.9 |
Market Cap. Distribution
ATLANTIC INVESTMENT MANAGEMENT, INC. has about 16.2% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| MID-CAP | 83.8 |
| LARGE-CAP | 16.2 |
Stocks belong to which Index?
About 61.6% of the stocks held by ATLANTIC INVESTMENT MANAGEMENT, INC. either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| RUSSELL 2000 | 45.4 |
| Others | 38.5 |
| S&P 500 | 16.2 |
ATLANTIC INVESTMENT MANAGEMENT, INC. Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of ATLANTIC INVESTMENT MANAGEMENT, INC.
ATLANTIC INVESTMENT MANAGEMENT, INC. has 11 stocks in it's portfolio. GT proved to be the most loss making stock for the portfolio. WFRD was the most profitable stock for ATLANTIC INVESTMENT MANAGEMENT, INC. last quarter.
Last Reported on: 15 May, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| ASH | ashland inc | 3.85 | 90,012 | 8,764,470 | reduced | -48.06 | ||
| CPRI | capri holdings limited | 2.39 | 120,000 | 5,436,000 | new | |||
| EMN | eastman chem co | 16.16 | 367,257 | 36,806,500 | added | 0.55 | ||
| FLS | flowserve corp | 8.94 | 445,882 | 20,367,900 | reduced | -26.04 | ||
| GT | goodyear tire & rubr co | 8.48 | 1,407,000 | 19,318,100 | added | 30.76 | ||
| HUN | huntsman corp | 2.29 | 200,000 | 5,206,000 | unchanged | 0.00 | ||
| PTEN | patterson-uti energy inc | 8.60 | 1,640,000 | 19,581,600 | added | 108 | ||
| TEX | terex corp new | 13.40 | 473,838 | 30,515,200 | added | 0.85 | ||
| TKR | timken co | 5.95 | 155,049 | 13,555,900 | reduced | -58.49 | ||
| WCC | wesco intl inc | 15.07 | 200,400 | 34,324,500 | added | 9.39 | ||
| WFRD | weatherford intl plc | 14.88 | 293,701 | 33,899,000 | reduced | -1.01 | ||