Midas Management Corp 13F annual report
Midas Management Corp is an investment fund managing more than $231 million ran by Russell Kamerman. There are currently 109 companies in Mr. Kamerman’s portfolio. The largest investments include Credit Acceptance and AutoZone, together worth $11 million.
$231 million Assets Under Management (AUM)
As of 7th October 2020, Midas Management Corp’s top holding is 11,500 shares of Credit Acceptance currently worth over $5.56 million and making up 2.4% of the portfolio value.
Relative to the number of outstanding shares of Credit Acceptance, Midas Management Corp owns more than approximately 0.1% of the company.
In addition, the fund holds 4,950 shares of AutoZone worth $5.44 million, whose value grew 19.2% in the past six months.
The third-largest holding is PACCAR worth $4.8 million and the next is Apple worth $4.77 million, with 24,100 shares owned.
Currently, Midas Management Corp's portfolio is worth at least $231 million. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Midas Management Corp
The Midas Management Corp office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Russell Kamerman serves as the Chief Compliance Officer at Midas Management Corp.
Recent trades
In the most recent 13F filing, Midas Management Corp revealed that it had opened a new position in Credit Acceptance and bought 11,500 shares worth $5.56 million.
One of the smaller hedge funds
The two most similar investment funds to Midas Management Corp are Paragon Capital Management Ltd and Global Wealth Management Investment Advisory. They manage $231 million and $231 million respectively.
Russell Kamerman investment strategy
Midas Management Corp’s portfolio is diversified across 12 sectors.
Currently, their heaviest sector is Industrials — making up 16.9% of
the total portfolio value.
The fund focuses on investments in the United States as
67.9% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
46% of the total holdings value.
On the other hand, small-cap stocks make up only 4.6% of the portfolio.
The average market cap of the portfolio companies is close to $71 billion.
The complete list of Midas Management Corp trades based on 13F SEC filings
These positions were updated on July 9th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Credit Acceptance Corp. |
Opened
11,500
|
$5,564,000 | 2.41% |
| AutoZone, Inc. |
Opened
4,950
|
$5,443,000 | 2.36% |
| PACCAR, Inc. |
Opened
67,000
|
$4,802,000 | 2.08% |
| Apple, Inc. |
Opened
24,100
|
$4,770,000 | 2.07% |
| Tractor Supply Co. |
Opened
43,700
|
$4,755,000 | 2.06% |
| Tyson Foods, Inc. |
Opened
57,500
|
$4,643,000 | 2.01% |
| TE Connectivity Ltd. |
Opened
43,800
|
$4,196,000 | 1.82% |
| Broadcom, Inc. |
Opened
13,950
|
$4,015,000 | 1.74% |
| Acuity Brands, Inc. |
Opened
27,600
|
$3,806,000 | 1.65% |
| Discovery, Inc. |
Opened
123,000
|
$3,776,000 | 1.64% |
| Walt Disney Co./the |
Opened
26,500
|
$3,701,000 | 1.61% |
| Prudential Financial, Inc. |
Opened
36,200
|
$3,656,000 | 1.59% |
| Home Depot, Inc./the |
Opened
17,400
|
$3,619,000 | 1.57% |
| Williams-Sonoma, Inc. |
Opened
55,500
|
$3,608,000 | 1.57% |
| Mastercard, Inc. |
Opened
13,400
|
$3,545,000 | 1.54% |
| Skyworks Solutions, Inc. |
Opened
45,000
|
$3,477,000 | 1.51% |
| T. Rowe Price Group, Inc. |
Opened
31,200
|
$3,423,000 | 1.48% |
| Viacom, Inc. |
Opened
111,000
|
$3,316,000 | 1.44% |
| Intel Corp. |
Opened
68,200
|
$3,265,000 | 1.42% |
| AMERCO |
Opened
8,300
|
$3,142,000 | 1.36% |
| Amgen, Inc. |
Opened
17,000
|
$3,132,000 | 1.36% |
| Robert Half International, Inc. |
Opened
54,500
|
$3,107,000 | 1.35% |
| Oshkosh Corp. |
Opened
37,100
|
$3,097,000 | 1.34% |
| Magna International, Inc. |
Opened
61,500
|
$3,056,000 | 1.33% |
| Ameriprise Financial, Inc. |
Opened
20,800
|
$3,019,000 | 1.31% |
| LyondellBasell Industries NV |
Opened
35,000
|
$3,015,000 | 1.31% |
| Snap-On, Inc. |
Opened
18,000
|
$2,981,000 | 1.29% |
| Westlake Chemical Corp. |
Opened
42,800
|
$2,973,000 | 1.29% |
| Comcast Corp. |
Opened
70,000
|
$2,960,000 | 1.28% |
| Cummins, Inc. |
Opened
17,250
|
$2,955,000 | 1.28% |
| Texas Instruments Incorporated |
Opened
25,600
|
$2,938,000 | 1.27% |
| Allegiant Travel Co. |
Opened
20,100
|
$2,884,000 | 1.25% |
| Dollar General Corp. |
Opened
20,600
|
$2,784,000 | 1.21% |
| Packaging Corp. Of America |
Opened
29,200
|
$2,783,000 | 1.21% |
| Discover Financial Services |
Opened
35,650
|
$2,766,000 | 1.20% |
| AT&T Inc. |
Opened
82,500
|
$2,764,000 | 1.20% |
| SEI Investments Co. |
Opened
48,000
|
$2,693,000 | 1.17% |
| Alaska Air Group, Inc. |
Opened
42,000
|
$2,684,000 | 1.16% |
| Laboratory Corp. of America Holdings |
Opened
15,300
|
$2,646,000 | 1.15% |
| Lam Research Corp. |
Opened
14,000
|
$2,630,000 | 1.14% |
| Celanese Corp. |
Opened
24,000
|
$2,588,000 | 1.12% |
| Valvoline, Inc. |
Opened
128,000
|
$2,500,000 | 1.08% |
| Signature Bank |
Opened
20,500
|
$2,477,000 | 1.07% |
| Hawaiian Holdings, Inc. |
Opened
90,000
|
$2,468,000 | 1.07% |
| LCI Industries |
Opened
26,600
|
$2,394,000 | 1.04% |
| BlackRock, Inc. |
Opened
5,100
|
$2,394,000 | 1.04% |
| Southwest Airlines Co. |
Opened
47,000
|
$2,386,000 | 1.04% |
| Alphabet, Inc. |
Opened
2,170
|
$2,350,000 | 1.02% |
| Lear Corp. |
Opened
16,700
|
$2,326,000 | 1.01% |
| Apogee Enterprises, Inc. |
Opened
53,000
|
$2,302,000 | 1.00% |
| AmerisourceBergen Corp. |
Opened
26,750
|
$2,281,000 | 0.99% |
| Philip Morris International, Inc. |
Opened
29,000
|
$2,278,000 | 0.99% |
| Applied Materials, Inc. |
Opened
50,000
|
$2,246,000 | 0.97% |
| Kansas City Southern |
Opened
18,350
|
$2,236,000 | 0.97% |
| Citizens Financial Group, Inc. |
Opened
62,500
|
$2,210,000 | 0.96% |
| Ciner Resources LP |
Opened
111,302
|
$2,158,000 | 0.94% |
| Walgreens Boots Alliance, Inc. |
Opened
39,050
|
$2,135,000 | 0.93% |
| Wells Fargo & Co. |
Opened
45,000
|
$2,129,000 | 0.92% |
| Dollar Tree, Inc. |
Opened
19,400
|
$2,083,000 | 0.90% |
| Altria Group, Inc. |
Opened
43,250
|
$2,048,000 | 0.89% |
| Jb Hunt Transport Services, Inc. |
Opened
22,400
|
$2,048,000 | 0.89% |
| Grand Canyon Education, Inc. |
Opened
17,500
|
$2,048,000 | 0.89% |
| Kroger Co./the |
Opened
94,000
|
$2,041,000 | 0.89% |
| British American Tobacco plc |
Opened
55,000
|
$1,918,000 | 0.83% |
| Tapestry, Inc. |
Opened
60,000
|
$1,904,000 | 0.83% |
| Berkshire Hathaway Inc. |
Opened
8,580
|
$1,829,000 | 0.79% |
| Agnico Eagle Mines Ltd. |
Opened
35,000
|
$1,793,000 | 0.78% |
| Taiwan Semiconductor Manufacturing Co., Ltd. |
Opened
45,000
|
$1,763,000 | 0.76% |
| Ingredion, Inc. |
Opened
20,000
|
$1,650,000 | 0.72% |
| Barrick Gold Corp. |
Opened
98,048
|
$1,546,000 | 0.67% |
| Spdr Gold Shares Etf |
Opened
11,600
|
$1,545,000 | 0.67% |
| United Rentals, Inc. |
Opened
11,600
|
$1,539,000 | 0.67% |
| Eaton Corp. Plc |
Opened
18,000
|
$1,499,000 | 0.65% |
| Methode Electronics, Inc. |
Opened
50,000
|
$1,429,000 | 0.62% |
| Lazard Ltd. |
Opened
41,500
|
$1,427,000 | 0.62% |
| Alamos Gold, Inc. |
Opened
225,000
|
$1,361,000 | 0.59% |
| Cardinal Health, Inc. |
Opened
27,000
|
$1,272,000 | 0.55% |
| Thor Industries, Inc. |
Opened
21,200
|
$1,239,000 | 0.54% |
| Enterprise Products Partners LP |
Opened
40,000
|
$1,155,000 | 0.50% |
| SSR Mining, Inc. |
Opened
80,000
|
$1,094,000 | 0.47% |
| Huntington Ingalls Industries, Inc. |
Opened
4,700
|
$1,056,000 | 0.46% |
| Enbridge, Inc. |
Opened
27,108
|
$978,000 | 0.42% |
| Tanger Factory Outlet Centers, Inc. |
Opened
56,250
|
$912,000 | 0.40% |
| Johnson & Johnson |
Opened
6,300
|
$877,000 | 0.38% |
| Rio Tinto Plc |
Opened
14,000
|
$873,000 | 0.38% |
| Franco-Nevada Corp. |
Opened
10,000
|
$849,000 | 0.37% |
| B2Gold Corp. |
Opened
275,000
|
$833,000 | 0.36% |
| JPMorgan Chase & Co. |
Opened
6,800
|
$760,000 | 0.33% |
| Warrior Met Coal, Inc. |
Opened
28,500
|
$744,000 | 0.32% |
| Kirkland Lake Gold Ltd. |
Opened
14,500
|
$622,000 | 0.27% |
| Royal Gold, Inc. |
Opened
5,300
|
$543,000 | 0.24% |
| Essent Group Ltd. |
Opened
11,500
|
$540,000 | 0.23% |
| Pretium Resources, Inc. |
Opened
50,000
|
$501,000 | 0.22% |
| Michaels Cos, Inc./the |
Opened
54,400
|
$473,000 | 0.21% |
| Marcus & Millichap, Inc. |
Opened
15,000
|
$463,000 | 0.20% |
| Advanced Energy Industries, Inc. |
Opened
7,700
|
$433,000 | 0.19% |
| Minerals Technologies, Inc. |
Opened
8,000
|
$428,000 | 0.19% |
| Ishares Silver Trust |
Opened
24,643
|
$353,000 | 0.15% |
| Biogen, Inc. |
Opened
1,400
|
$327,000 | 0.14% |
| Check Point Software Technologies Ltd. |
Opened
2,300
|
$266,000 | 0.12% |
| IPG Photonics Corp. |
Opened
1,500
|
$231,000 | 0.10% |
| Osisko Gold Royalties Ltd. |
Opened
17,500
|
$183,000 | 0.08% |
| LGI Homes, Inc. |
Opened
2,550
|
$182,000 | 0.08% |
| Delaware Enhanced Global Dividend & Income |
Opened
16,000
|
$158,000 | 0.07% |
| Sandstorm Gold Ltd. |
Opened
27,000
|
$150,000 | 0.07% |
| Wheaton Precious Metals Corp. |
Opened
6,000
|
$145,000 | 0.06% |
| Maverix Metals, Inc. |
Opened
23,900
|
$106,000 | 0.05% |
| Hennessy Advisors, Inc. |
Opened
4,500
|
$44,000 | 0.02% |
| Permianville Royalty Trust |
Opened
8,000
|
$21,000 | 0.01% |
| No transactions found | |||
| Showing first 500 out of 109 holdings | |||
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