Beryl Capital Management’s Returns, AUM, and Holdings

During the fourth quarter of 2018, the Beryl Capital incorporated 26 positions to its equity portfolio. Among them is the stock that represents its second largest holding.  The fund purchased a total of 1,837,288 shares in  Scana Corp (NYSE:SCG). The stock was assessed in $87.79 million and corresponds to 14.41% of the fund’s portfolio value.   Scana was a holding company with participation in regulated electric and natural gas utility operations as well as telecommunications. In January 2019, Scana was acquired by Dominion Energy.
Furthermore, Beryl Capital raised its enthusiasm and boosted its investment in four of its positions. One of them was Twenty-First Century Fox Corp (NASDAQ:FOXA) where its stake was raised by 135% to 408,050 shares worth $19.64 million. Twenty-First Century Fox is a multinational mass media corporation, and it’s among the 30 most popular stocks among hedge funds. Also, its stake in Dun & Bradstreet Corp (NYSE:DNB)  was boosted by 45%, counting 36,725 shares valued at $5.24 million.

At the end of the Q4 of 2018, Beryl Capital Management decided to say goodbye to thirty-five of its holdings. Among those were Andeavor (NYSE:ANDV) with 910,516 shares valued at $139.76 million and Envision Healthcare Corp (NYSE:EVHC) with 1,454,504 shares assessed in $66.51 million.

Disclosure: None

This article was originally published in Insider Monkey.