Latest Millrace Asset Group, Inc. Stock Portfolio
Millrace Asset Group, Inc. Performance:
2024 Q3: 7.1%YTD: 16.64%2023: 10.29%
Performance for 2024 Q3 is 7.1%, and YTD is 16.64%, and 2023 is 10.29%.
About Millrace Asset Group, Inc. and 13F Hedge Fund Stock Holdings
Millrace Asset Group, Inc. is a hedge fund based in BERWYN, PA. On 30-Mar-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $223.8 Millions. In it's latest 13F Holdings report, Millrace Asset Group, Inc. reported an equity portfolio of $98.4 Millions as of 30 Sep, 2024.
The top stock holdings of Millrace Asset Group, Inc. are BIL, HURN, BIL. The fund has invested 3.3% of it's portfolio in SPDR SP BIOTECH ETFETF and 2.7% of portfolio in HURON CONSULTING GROUP INC.CMN.
The fund managers got completely rid off ULTA BEAUTY INCCMN (ULTA), URBAN OUTFITTERS INCCMN (URBN) and MAXLINEAR INC.CMN (MXL) stocks. They significantly reduced their stock positions in PROS HOLDINGS INC.CMN (PRO), SEZZLE INC.CMN and COHERENT CORPCMN (COHR). Millrace Asset Group, Inc. opened new stock positions in SPDR SP REGIONAL BANKING ETFETF (BIL), SEMTECH CORPORATIONCMN (SMTC) and RUSH STREET INTERACTIVE INCCMN (RSI). The fund showed a lot of confidence in some stocks as they added substantially to REPAY HOLDINGS CORPCMN (RPAY), LOVESAC COMPANYCMN (LOVE) and ARLO TECHNOLOGIES INCCMN (ARLO).
The top stock holdings of Millrace Asset Group, Inc. are BIL, HURN, BIL. The fund has invested 3.3% of it's portfolio in SPDR SP BIOTECH ETFETF and 2.7% of portfolio in HURON CONSULTING GROUP INC.CMN.
The fund managers got completely rid off ULTA BEAUTY INCCMN (ULTA), URBAN OUTFITTERS INCCMN (URBN) and MAXLINEAR INC.CMN (MXL) stocks. They significantly reduced their stock positions in PROS HOLDINGS INC.CMN (PRO), SEZZLE INC.CMN and COHERENT CORPCMN (COHR). Millrace Asset Group, Inc. opened new stock positions in SPDR SP REGIONAL BANKING ETFETF (BIL), SEMTECH CORPORATIONCMN (SMTC) and RUSH STREET INTERACTIVE INCCMN (RSI). The fund showed a lot of confidence in some stocks as they added substantially to REPAY HOLDINGS CORPCMN (RPAY), LOVESAC COMPANYCMN (LOVE) and ARLO TECHNOLOGIES INCCMN (ARLO).
Millrace Asset Group, Inc. Annual Return Estimates Vs S&P 500
Our best estimate is that Millrace Asset Group, Inc. made a return of 7.1% in the last quarter. In trailing 12 months, it's portfolio return was 31.73%.
New Buys
| Ticker | $ Bought |
|---|---|
| spdr sp regional banking etfetf | 2,686,000 |
| semtech corporationcmn | 2,393,000 |
| rush street interactive inccmn | 2,135,000 |
| sentinelone inccmn | 2,034,000 |
| trex company inccmn | 2,010,000 |
| tandem diabetes care inc.cmn | 1,964,000 |
| genius sports ltdcmn | 1,897,000 |
| conmed corporationcmn | 1,665,000 |
New stocks bought by Millrace Asset Group, Inc.
Additions
| Ticker | % Inc. |
|---|---|
| repay holdings corpcmn | 216 |
| lovesac companycmn | 63.02 |
| arlo technologies inccmn | 43.52 |
| universal technical institutecmn | 34.22 |
| sitime corpcmn | 28.26 |
| natera inc.cmn | 22.47 |
| c.h. robinson worldwide inc.cmn | 20.81 |
| viemed healthcare inc.cmn | 13.26 |
Additions to existing portfolio by Millrace Asset Group, Inc.
Reductions
| Ticker | % Reduced |
|---|---|
| pros holdings inc.cmn | -88.54 |
| sezzle inc.cmn | -82.34 |
| coherent corpcmn | -81.7 |
| inari medical inccmn | -76.68 |
| bowman consulting group ltdcmn | -73.94 |
| ollie's bargain outlet hldginc cmn | -72.59 |
| mama's creations inccmn | -67.07 |
| zeta global holdings corp.cmn | -51.81 |
Millrace Asset Group, Inc. reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| neuronetics inc.cmn | -987,000 |
| tetra technologies inc (del)cmn | -606,000 |
| indie semiconductor inccmn | -1,035,000 |
| mitek systems inc (new)cmn | -1,636,000 |
| alphatec holdings inc.cmn | -1,146,000 |
| maxlinear inc.cmn | -2,137,000 |
| bowlero corpcmn | -1,437,000 |
| hillman solutions corpcmn | -868,000 |
Millrace Asset Group, Inc. got rid off the above stocks
Sector Distribution
Millrace Asset Group, Inc. has about 27.1% of it's holdings in Healthcare sector.
| Sector | % |
|---|---|
| Healthcare | 27.1 |
| Technology | 24.1 |
| Industrials | 22.6 |
| Others | 12.3 |
| Consumer Cyclical | 7.6 |
| Communication Services | 2.3 |
| Consumer Defensive | 1.7 |
| Basic Materials | 1.3 |
Market Cap. Distribution
Millrace Asset Group, Inc. has about 6.3% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| SMALL-CAP | 43.5 |
| MID-CAP | 32.2 |
| UNALLOCATED | 12.3 |
| MICRO-CAP | 5.6 |
| LARGE-CAP | 3.6 |
| MEGA-CAP | 2.7 |
Stocks belong to which Index?
About 66.7% of the stocks held by Millrace Asset Group, Inc. either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| RUSSELL 2000 | 64.6 |
| Others | 33.3 |
| S&P 500 | 2.1 |
Millrace Asset Group, Inc. Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of Millrace Asset Group, Inc.
Millrace Asset Group, Inc. has 70 stocks in it's portfolio. About 25.6% of the portfolio is in top 10 stocks. ENVX proved to be the most loss making stock for the portfolio. ZETA was the most profitable stock for Millrace Asset Group, Inc. last quarter.
Last Reported on: 13 Nov, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| ADPT | adaptive biotechnologies corpcmn | 1.42 | 272,681 | 1,396,000 | new | |||
| ANF | abercrombie fitch co.class a common stock | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| ARHS | arhaus inc.cmn | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| ARLO | arlo technologies inccmn | 1.56 | 127,131 | 1,540,000 | added | 43.52 | ||
| ATEC | alphatec holdings inc.cmn | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| ATRC | atricure inccmn | 2.04 | 71,708 | 2,011,000 | added | 2.37 | ||
| AVNT | avient corcmn | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| AVNW | aviat networks inc.cmn | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| AVPT | avepoint inccmn | 2.44 | 204,142 | 2,403,000 | reduced | -12.32 | ||
| BIL | spdr sp biotech etfetf | 3.30 | 32,847 | 3,245,000 | reduced | -6.18 | ||
| BIL | spdr sp regional banking etfetf | 2.73 | 47,464 | 2,686,000 | new | |||
| BOWL | bowlero corpcmn | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| BWMN | bowman consulting group ltdcmn | 0.50 | 20,533 | 494,000 | reduced | -73.94 | ||
| CDMO | avid bioservices inc.cmn | 1.80 | 155,796 | 1,773,000 | reduced | -15.08 | ||
| CDXC | chromadex corporationcmn | 0.09 | 25,503 | 93,000 | new | |||
| CECE | ceco environmental corpcmn | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| CHRW | c.h. robinson worldwide inc.cmn | 2.07 | 18,471 | 2,039,000 | added | 20.81 | ||
| CNMD | conmed corporationcmn | 1.69 | 23,145 | 1,665,000 | new | |||
| COHR | coherent corpcmn | 0.31 | 3,407 | 303,000 | reduced | -81.7 | ||
| CPS | cooper-standard holdings inc.cmn | 1.11 | 79,020 | 1,096,000 | new | |||