Weitz Partners III Opportunity Fund Institutional Class (WPOPX)

15.17
Net Asset Value
+1.20%
1 Day
+5.13%
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+2.99% 3 years+1.68%
3 months+3.41% 5 years+5.20%
1 year+6.90% Since inception+6.78%
Data through --

Peer Comparisonvs. Long-short equity

 WPOPXCategory
Performance 5-yr return+5.20%+4.49%
Expense ratio1.80%1.89%
Risk 5 year sharpe ratio0.460.52
Net assets$631.5M$340.5M
Average market cap$27.6B$43.4B
Average P/E13.417.5
Portfolio turnover31%31%

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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. stock52.51%
Cash39.22%
International stock8.26%
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 ETF20.06%
BRKB Berkshire Hathaway12.16%
-- 8.54%
LBTYK Liberty Global PLC7.65%
LBRDK Liberty Broadband Corp7.19%
AGN Allergan5.13%
LH Laboratory Corporation of America Holdings4.93%
MA MasterCard4.67%
RWT Redwood Trust Inc4.60%
GOOG Google4.25%