New Century Advisors 13F annual report

New Century Advisors is an investment fund managing more than $82.1 million ran by Thomas Hines. There are currently 100 companies in Mr. Hines’s portfolio. The largest investments include Vanguard Short-term Corporate Bond Etf and Spdr Gold Tr Gold, together worth $20.2 million.

Limited to 30 biggest holdings

$82.1 million Assets Under Management (AUM)

As of 6th October 2022, New Century Advisors’s top holding is 139,920 shares of Vanguard Short-term Corporate Bond Etf currently worth over $10.4 million and making up 12.7% of the portfolio value. In addition, the fund holds 63,230 shares of Spdr Gold Tr Gold worth $9.78 million. The third-largest holding is Vaneck Vectors J.p. Morgan Em Local Eft worth $8.69 million and the next is Ishares Silver Trust worth $5.76 million, with 328,880 shares owned.

Currently, New Century Advisors's portfolio is worth at least $82.1 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 New Century Advisors

The New Century Advisors office and employees reside in Chevy Chase, Maryland. According to the last 13-F report filed with the SEC, Thomas Hines serves as the CCO at New Century Advisors.

Recent trades

In the most recent 13F filing, New Century Advisors revealed that it had opened a new position in Store Capital Corp and bought 6,000 shares worth $188 thousand. This means they effectively own approximately 0.1% of the company. Store Capital Corp makes up 27.1% of the fund's Real Estate sector allocation and has decreased its share price by 6.5% in the past year.

The investment fund also strengthened its position in Vanguard Short-term Corporate Bond Etf by buying 25,000 additional shares. This makes their stake in Vanguard Short-term Corporate Bond Etf total 139,920 shares worth $10.4 million.

On the other hand, there are companies that New Century Advisors is getting rid of from its portfolio. New Century Advisors closed its position in Invesco Db Oil Fund on 13th October 2022. It sold the previously owned 57,550 shares for $1.05 million. Thomas Hines also disclosed a decreased stake in Ishares Silver Trust by 0.1%. This leaves the value of the investment at $5.76 million and 328,880 shares.

One of the smallest hedge funds

The two most similar investment funds to New Century Advisors are Mount Vernon Associates Inc md/ and Trustees Of The University Of Pennsylvania. They manage $82 million and $82 million respectively.


Thomas Hines investment strategy

New Century Advisors’s portfolio is diversified across 12 sectors. Currently, their heaviest sector is Energy — making up 5.7% of the total portfolio value. The fund focuses on investments in the United States as 50.0% 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 17% of the total holdings value. On the other hand, small-cap stocks make up only 3.0% of the portfolio. The average market cap of the portfolio companies is close to $25 billion.

The complete list of New Century Advisors trades based on 13F SEC filings

These positions were updated on October 13th 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
Vanguard Short-term Corporate Bond Etf
21.75%
139,920
$10,399,000 12.66%
Spdr Gold Tr Gold
No change
63,230
$9,783,000 11.91%
Vaneck Vectors J.p. Morgan Em Local Eft
No change
381,250
$8,689,000 10.58%
Ishares Silver Trust
10.19%
328,880
$5,759,000 7.01%
Invesco Db Agriculture Fund Etf
34.24%
234,030
$4,688,000 5.71%
Invesco Emerging Markets Sovereign Debt
18.02%
183,370
$3,103,000 3.78%
Ishares J.p Morgan Em Corporate Bond Etf
No change
57,883
$2,387,000 2.91%
Hess Corporation
7.73%
19,810
$2,159,000 2.63%
Health Care Select Sector Spdr Fund Etf
No change
17,390
$2,106,000 2.56%
Conocophillips
No change
19,760
$2,024,000 2.46%
Pioneer Natural Res
No change
8,400
$1,821,000 2.22%
Spdr Sp Regional Banking Etf
No change
30,370
$1,788,000 2.18%
Mosaic Company
No change
35,570
$1,721,000 2.10%
Deere Co
15.09%
4,500
$1,504,000 1.83%
Schlumberger Ltd.
No change
39,310
$1,411,000 1.72%
Invesco Db Base Metals Fund
40.05%
78,060
$1,396,000 1.70%
Wisdom Tree Emerging Mkts Corp Etf
No change
21,932
$1,282,000 1.56%
Target Corp
No change
8,540
$1,268,000 1.54%
Spdr Sp Biotech Etf
18,279.07%
15,806
$1,254,000 1.53%
Autozone Inc.
No change
580
$1,243,000 1.51%
T-Mobile US, Inc.
No change
8,720
$1,170,000 1.42%
Jpmorgan Chase Co
24.07%
10,310
$1,079,000 1.31%
Steel Dynamics Inc.
No change
14,850
$1,053,000 1.28%
Invesco Db Oil Fund
Closed
57,550
$1,049,000
Mastercard Incorporated
No change
3,630
$1,034,000 1.26%
Palo Alto Networks Inc
273.39%
6,105
$1,000,000 1.22%
Clearfield Inc
2.29%
7,791
$815,000 0.99%
Salesforce.com Inc
No change
5,240
$754,000 0.92%
Exxon Mobil Corp.
No change
7,580
$663,000 0.81%
Freeport-mcmoran Cg
No change
21,160
$579,000 0.71%
Barrick Gold Corp.
No change
35,060
$543,000 0.66%
Halliburton Co.
No change
18,400
$453,000 0.55%
Ishares Msci Mexico Etf
No change
9,160
$406,000 0.49%
Cameco Corp.
0.05%
12,483
$331,000 0.40%
United States Copper Index
Closed
12,600
$280,000
Wal Mart Stores Inc
49.65%
2,130
$276,000 0.34%
Ishares Msci South Africa Etf
No change
7,410
$267,000 0.33%
Regions Finl Corp
No change
13,130
$264,000 0.32%
Realty Income Corp.
46.84%
4,540
$264,000 0.32%
Gentex Corp.
0.06%
9,819
$234,000 0.28%
Ishares Jp Morgan Em Local Cncy Bond Etf
No change
7,200
$233,000 0.28%
Fifth Third Bancorp
No change
7,300
$233,000 0.28%
Citizens Financial
No change
6,670
$229,000 0.28%
Rambus Inc.
1.48%
8,478
$216,000 0.26%
Newmont Mining Corp
No change
5,070
$213,000 0.26%
KeyCorp
No change
13,070
$210,000 0.26%
Ishares Msci Indonesia Etf
64.26%
8,910
$208,000 0.25%
Civitas Resources Inc
0.14%
3,512
$201,000 0.24%
Broadcom Inc.
No change
450
$200,000 0.24%
Store Capital Corp
Opened
6,000
$188,000 0.23%
United Therapeutics Corp
16.46%
893
$187,000 0.23%
Thermo Fisher Sci
No change
360
$183,000 0.22%
Oxford Industries, Inc.
4.92%
1,982
$178,000 0.22%
D.R. Horton Inc.
No change
2,200
$148,000 0.18%
Chemed Corp.
4.63%
339
$148,000 0.18%
Spirit Realty Capital Inc
Opened
4,000
$145,000 0.18%
Stag Indl Inc
Opened
5,000
$142,000 0.17%
ePlus Inc
0.89%
3,283
$136,000 0.17%
ITT Inc
0.29%
2,048
$134,000 0.16%
Century Communities Inc
0.34%
2,641
$113,000 0.14%
Cf Industries Hldgs
Opened
1,170
$113,000 0.14%
Ishares Msci Brazil Etf
63.61%
3,290
$97,000 0.12%
Teradyne, Inc.
No change
1,100
$83,000 0.10%
Lam Research Corp.
No change
220
$81,000 0.10%
Nutrien Ltd
Opened
960
$80,000 0.10%
Spdr Sp Retail Etf
No change
1,200
$68,000 0.08%
Safehold Inc
No change
2,270
$60,000 0.07%
Comfort Sys Usa Inc
6.72%
541
$53,000 0.06%
Lancaster Colony Corp.
5.52%
342
$51,000 0.06%
Aviat Networks Inc
4.77%
1,616
$44,000 0.05%
Autonation Inc.
1.71%
416
$42,000 0.05%
Ingredion Inc
1.52%
468
$38,000 0.05%
Agree Realty Corp.
2.08%
564
$38,000 0.05%
Dolby Laboratories Inc
1.66%
551
$36,000 0.04%
Maximus Inc.
1.34%
607
$35,000 0.04%
Vectrus Inc
0.72%
959
$34,000 0.04%
Littelfuse, Inc.
1.84%
166
$33,000 0.04%
Methode Electronics, Inc.
1.55%
850
$32,000 0.04%
Ntal Storage Afflts
157.95%
730
$30,000 0.04%
Ally Finl Inc
28.25%
1,067
$30,000 0.04%
Oasis Petroleum Inc.
0.47%
210
$29,000 0.04%
Peoples Bancorp
1.43%
993
$29,000 0.04%
Heartland Finl Usa
2.27%
675
$29,000 0.04%
Heritage Crystal
1.71%
954
$28,000 0.03%
SPX Technologies Inc
Opened
506
$28,000 0.03%
Quaker Houghton
1.60%
190
$27,000 0.03%
Ritchie Bros Auctnrs
99.09%
436
$27,000 0.03%
MKS Instruments, Inc.
1.59%
319
$26,000 0.03%
Quidel Corp
1.71%
357
$26,000 0.03%
Mitek Sys Inc
156.88%
2,818
$26,000 0.03%
Oshkosh Corp
137.16%
351
$25,000 0.03%
Axos Financial Inc.
1.74%
701
$24,000 0.03%
Liberty Oilfield Svc
1.44%
1,553
$20,000 0.02%
Harsco Corp.
Closed
2,339
$17,000
SPX Technologies Inc
Closed
311
$16,000
Ryan Specialty Group Hldgs-a
Opened
348
$14,000 0.02%
F.N.B. Corp.
Opened
1,213
$14,000 0.02%
Concolidated Water Co-ord Sh
Opened
844
$13,000 0.02%
Build A Bear Workshp
68.38%
823
$11,000 0.01%
Intrepid Potash Inc
132.95%
205
$8,000 0.01%
Arcus Biosciences Inc
Opened
288
$8,000 0.01%
Turquoise Hill Res
Closed
246
$7,000
Alaska Air Group Inc.
30.16%
164
$6,000 0.01%
Exelixis Inc
Opened
403
$6,000 0.01%
Organogenesis Hldgs
Opened
1,401
$5,000 0.01%
Barrett Business Svcs Inc
Closed
25
$2,000
No transactions found
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