SECTOR AND INDUSTRY EXPOSURE Sector Breakdown As of 2014 our active portfolio holds a double digit exposure to three sectors: Industrials (13.%), Technology (10%) and Consumer Cyclical (10%). CSX and SPX Corp as a whole represent approximately 48% of our portfolio’s current exposure to the Industrials sector. Within the technology sector EMC comprises 35% and Cerner 32% of the exposure. The consumer cyclical sector is mostly comprised of Whirlpool (36%) and Packaging Corporation of America (33%).
Industry Breakdown Since 2013, we have maintained a much more diversified portfolio. Throughout the year we exited our portfolio’s exposure to the Oil & Gas Industry and minimized our exposure to the Asset Management industry, our two largest exposures in 2013. The fund holds more cash & cash equivalents (4.8%) than any other industry in the portfolio. This is to have the ability to purchase new positions for the next round of stock pitches that take place in the Spring of 2015. The SMIF portfolio does not have multiple holdings in any industry this year. The largest holding is in Durable Household Products (3.8%) represented by Whirlpool Corporation. Data Storage and Packaging & Containers each represent 3.6% of the portfolio. These industries are represented in the SMIF by EMC and PKG respectively.
University of South Florida Muma College of Business
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