SEC 13F Intelligence

Managers / Q4 2019 · view latest →

NWQ INVESTMENT MANAGEMENT COMPANY, LLC

CIK 0000763848 · 2029 CENTURY PARK EAST, 16TH FLOOR, LOS ANGELES, CA, 90067 · (310) 552-5114

Reported Value
$4.0B
Q4 2019
Positions
160
Filings on Record
9
2019–present window
Filed
Feb 14, 2020
original filing

Summary

Nwq Investment Management Company, LLC reported $4.0B in U.S.-listed holdings across 160 positions for Q4 2019.

Its largest position, TRVC, represents 2.7% of the portfolio.

Compared with Q3 2019, the fund opened 16 new positions and exited 12.

Portfolio Metrics

Turnover
+13.7%
vs prior filed quarter
Top-10 Concentration
+20.8%
share of reported value
Largest Position
+2.7%
Citigroup
New / Exited
16 / 12
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $4.2BQ4 ’18Q1 ’19: $4.6BQ1 ’19Q2 ’19: $4.4BQ2 ’19Q3 ’19: $4.1BQ3 ’19Q4 ’19: $4.0BQ4 ’19Q1 ’20: $2.5BQ1 ’20Q2 ’20: $3.0BQ2 ’20Q3 ’20: $2.2BQ3 ’20filingsflow.com

Portfolio Composition

By security type
Common Stock: 68.9%Other: 16.2%ADR: 6.9%REIT: 5.0%MLP: 1.3%Other: 1.7%
  • Common Stock · 68.9% · $2.8B
  • Other · 16.2% · $651M
  • ADR · 6.9% · $277M
  • REIT · 5.0% · $202M
  • MLP · 1.3% · $51M
  • Other · 1.7% · $69M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2019 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
VIACOMCBS INCNEW+1.22M1.22M+$51M$51M
VSATVIASAT INCNEW+686.8K686.8K+$50M$50M
GENNORTONLIFELOCK INCNEW+1.37M1.37M+$35M$35M
TDCTERADATA CORP DELNEW+1.06M1.06M+$28M$28M
CHANGE HEALTHCARE INCNEW+372.5K372.5K+$22M$22M
ADMARCHER DANIELS MIDLAND CONEW+478.0K478.0K+$22M$22M
ISHARES TRNEW+262.7K262.7K+$18M$18M
AEOAMERICAN EAGLE OUTFITTERS INNEW+1.12M1.12M+$16M$16M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q4 2019

50 positions
#IssuerClass% PortfolioValueShares
1TRVCCITIGROUP INChistory →COM NEW2.70%$109M1.36M
2FEFIRSTENERGY CORPhistory →COM2.67%$107M2.21M
3GLAXOSMITHKLINE PLCSPONSORED ADR2.34%$94M2.00M
4JPMJPMORGAN CHASE & COhistory →COM2.19%$88M631.5K
5RENAISSANCERE HOLDINGS LTDCOM2.12%$85M434.9K
6BMYBRISTOL MYERS SQUIBB COhistory →COM2.02%$81M1.26M
7DALDELTA AIR LINES INC DELhistory →COM NEW1.99%$80M1.36M
8MELLANOX TECHNOLOGIES LTDSHS1.68%$67M575.7K
9DWDPEURDUPONT DE NEMOURS INChistory →COM1.54%$62M964.7K
10BACBANK AMER CORPhistory →COM1.54%$62M1.76M
11GILDGILEAD SCIENCES INChistory →COM1.50%$60M928.8K
12ORCLORACLE CORPhistory →COM1.48%$59M1.12M
13ALLERGAN PLCSHS1.43%$58M301.6K
14ETRNUSDEQUITRANS MIDSTREAM CORPORAThistory →COM1.40%$56M4.21M
15MGM GROWTH PPTYS LLCCL A COM1.39%$56M1.80M
16WEAWESTERN ALLIANCE BANCORPhistory →COM1.35%$54M954.8K
17SK TELECOM LTDSPONSORED ADR1.34%$54M2.34M
18CITUSDCIT GROUP INChistory →COM NEW1.30%$52M1.15M
19GMGENERAL MTRS COhistory →COM1.30%$52M1.42M
20VIACOMCBS INCCL B1.27%$51M1.22M
21BANK OF NT BUTTERFIELD&SON LSHS NEW1.25%$50M1.36M
22FT2FIRST HORIZON NATL CORPhistory →COM1.25%$50M3.04M
23VSATVIASAT INChistory →COM1.25%$50M686.8K
24EPDENTERPRISE PRODS PARTNERS Lhistory →COM1.20%$48M1.71M
25BUWABIO RAD LABS INChistory →CL A1.17%$47M127.3K
26CHVCHEVRON CORP NEWhistory →COM1.14%$46M380.3K
27ORIOLD REP INTL CORPhistory →COM1.13%$46M2.04M
28AXIS CAPITAL HOLDINGS LTDSHS1.13%$45M762.6K
29DFSEURDISCOVER FINL SVCShistory →COM1.12%$45M533.0K
30ATVIEURACTIVISION BLIZZARD INChistory →COM1.12%$45M755.2K
31RPTUSDRPT REALTYhistory →SH BEN INT1.08%$43M2.88M
32TMTOYOTA MOTOR CORPhistory →SP ADR REP2COM1.07%$43M305.4K
33ABCBAMERIS BANCORPhistory →COM1.03%$41M973.0K
34AWNADVANCE AUTO PARTS INChistory →COM1.01%$41M254.0K
35PWRQUANTA SVCS INChistory →COM0.94%$38M929.4K
36AON PLCSHS CL A0.94%$38M181.3K
37KOCOCA COLA COhistory →COM0.93%$37M677.5K
38INGERSOLL-RAND PLCSHS0.93%$37M282.0K
39TRNTRINITY INDS INChistory →COM0.92%$37M1.67M
40BWABORGWARNER INChistory →COM0.90%$36M838.5K
41CRCCANADIAN NAT RES LTDhistory →COM0.88%$35M1.09M
42GENNORTONLIFELOCK INChistory →COM0.87%$35M1.37M
43GOOGLALPHABET INChistory →CAP STK CL A0.86%$34M25.7K
44AVGOBROADCOM INChistory →COM0.85%$34M108.3K
45AIGAMERICAN INTL GROUP INChistory →COM NEW0.84%$34M655.0K
46SUSUNCOR ENERGY INC NEWhistory →COM0.83%$33M1.01M
47AZNNASTRAZENECA PLChistory →SPONSORED ADR0.81%$32M650.8K
48FISVFISERV INChistory →COM0.78%$31M271.1K
49SEAGATE TECHNOLOGY PLCSHS0.75%$30M504.2K
50UBS GROUP AGSHS0.72%$29M2.29M

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q3 2020$2.2B152Nov 16, 202013F-HRchanges · EDGAR ↗
Q2 2020$3.0B155Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$2.5B156May 14, 202013F-HRchanges · EDGAR ↗
Q4 2019$4.0B160Feb 14, 202013F-HRchanges · EDGAR ↗
Q3 2019$4.1B155Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019$4.4B150Aug 14, 201913F-HRchanges · EDGAR ↗
Q1 2019$4.6B150May 14, 201913F-HRchanges · EDGAR ↗
Q4 2018$4.2B149Feb 14, 201913F-HRchanges · EDGAR ↗

Other Included Managers

This filing reports holdings on behalf of 2 additional managers.

  • Nuveen Investments, Inc.028-11405
  • SEI Investments Management Corporation028-16475

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.