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Weitz Partners III Opportunity Fund Institutional Class (WPOPX)

14.96
Net Asset Value
+0.27%
1 Day
+4.47%
Year-to-Date
Overall Morningstar Rating
Long-short equity
Style or Category
No Load
Sales Expenses
1.95%
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+4.24% 3 years+2.67%
3 months+1.50% 5 years+9.72%
1 year+10.57% Since inception+7.28%
Data through --

Peer Comparisonvs. Long-short equity

 WPOPXCategory
Performance 5-yr return+9.72%+6.29%
Expense ratio1.95%1.90%
Risk 5 year sharpe ratio1.020.78
Net assets$690.6M$290.1M
Average market cap$21.9B$33.7B
Average P/E13.218.6
Portfolio turnover23%23%

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Fund Management and Purchase Info

Fund familyWeitz
Fund manager & tenureWallace Weitz / 11 Years
Minimal initial investment$1,000,000.00
Minimum IRA investment--

Holdings

U.S. stock47.49%
Cash40.78%
International stock9.64%
Fixed income2.16%
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 ETF17.04%
BRKB Berkshire Hathaway9.64%
QQQ PowerShares QQQ9.57%
LBTYK Liberty Global PLC8.61%
LBRDK Liberty Broadband Corp8.12%
IWM iShares Russell 2000 ETF5.96%
MA MasterCard4.88%
CFX Colfax Corp4.54%
AGN Allergan4.49%
RWT Redwood Trust Inc4.08%