Weitz Partners III Opportunity Fund Institutional Class (WPOPX)

14.74
Net Asset Value
+0.48%
1 Day
+2.15%
Year-to-Date
Overall Morningstar Rating
Long-short equity
Style or Category
No Load
Sales Expenses
1.80%
Expense Ratio
Above Average
Morningstar Risk Rating™
Investment Objective The investment seeks capital appreciation. The fund is a "multi-cap" fund and may invest in securities of any market capitalization. It invests in long positions in stocks and other securities- when the managers anticipate that the value of such securities will increase. The fund also invests in short positions in stocks and other securities- including short sales of exchange traded funds- when the managers anticipate a decline in the value of such securities.

Performance

1 month-1.54% 3 years+0.47%
3 months-2.38% 5 years+5.93%
1 year+1.95% Since inception+6.94%
Data through --

Peer Comparisonvs. Long-short equity

 WPOPXCategory
Performance 5-yr return+5.93%+4.49%
Expense ratio1.80%1.89%
Risk 5 year sharpe ratio0.580.57
Net assets$653.8M$338.1M
Average market cap$26.5B$39.0B
Average P/E18.418.1
Portfolio turnover23%23%

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Fund Management and Purchase Info

Fund familyWeitz
Fund manager & tenureWallace Weitz / 12 Years
Minimal initial investment$1,000,000.00
Minimum IRA investment--

Holdings

U.S. stock52.39%
Cash38.19%
International stock9.44%
Fixed income0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Media 23.90%
Financial service 14.33%
Business service 9.23%
Hardware 8.45%
Healthcare 8.14%
Top 10 Holdings
Portfolio weighting
SPY SPDR® S&P 500 ETF20.14%
BRKB Berkshire Hathaway11.97%
QQQ PowerShares QQQ11.75%
LBTYK Liberty Global PLC8.68%
LBRDK Liberty Broadband Corp8.35%
MA MasterCard6.85%
-- 4.91%
LH Laboratory Corporation of America Holdings4.81%
AGN Allergan4.44%
TXN Texas Instruments4.33%