Weitz Partners III Opportunity Fund (WPOPX)

16.36
Net Asset Value
+0.06%
1 Day
+0.06%
Year-to-Date
Overall Morningstar Rating
Mid-cap blend
Style or Category
No Load
Sales Expenses
1.60%
Expense Ratio
Below 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. The fund may invest without limitation in high-quality cash and cash equivalents such as U.S. government securities or government money market fund shares. It is non-diversified.

Performance

1 month-1.33% 3 years+13.68%
3 months-0.67% 5 years+21.23%
1 year+19.60% Since inception+9.30%
Data through --

Peer Comparisonvs. Mid-cap blend

 WPOPXCategory
Performance 5-yr return+21.23%+22.97%
Expense ratio1.60%1.23%
Risk 5 year sharpe ratio1.581.28
Net assets$1.2B$2.0B
Average market cap$15.6B$7.3B
Average P/E11.919.8
Portfolio turnover32%32%

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Fund Management and Purchase Info

Fund familyWeitz
Fund manager & tenureWallace Weitz / 8 Years
Minimal initial investment$25,000.00
Minimum IRA investment--

Holdings

U.S. stock51.80%
Cash37.45%
International stock11.61%
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
-- Valeant Pharmaceuticals International Inc6.85%
DTV Directv4.34%
WFC Wells Fargo & Co3.67%
RWT Redwood Trust, Inc.3.48%
LBTYK Liberty Global PLC Class C3.41%
IWM iShares Russell 20003.31%
LMCA Liberty Media Corporation Class A3.29%
ICON Iconix Brand Group, Inc.3.21%
BRKB Berkshire Hathaway Inc Class B3.19%
TDG TransDigm Group Inc3.18%

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