Buckingham Capital Management’s Return, AUM, and Holdings

The largest two positions held by Buckingham Capital Management at the end of the third quarter were in Amazon Com, Inc. (NASDAQ:AMZN) and Burlington Stores, Inc. (NYSE:BURL) which occupied 3.95% and 2.94% of its portfolio, respectively. The fund reduced its stake by 5% in both companies, holding 19,349 shares of Amazon Com, Inc. (NASDAQ:AMZN) valued at $38.76 million and 177,002 shares Burlington Stores, Inc. (NYSE:BURL) worth $28.84 million. Amazon is the third most popular stock among hedge funds (see 30 most popular hedge fund stocks).

As for the new biggest positions added to the fund’s portfolio during the third quarter, the Weight Watchers International, Inc. (NASDAQ:WTW), a weight management service provider, tops the list of newcomers since the fund acquired 171,000 shares of the company valued at $12.31 million followed by a flooring manufacturer Mohawk Industries, Inc. (NYSE:MHK) and its 31,100 shares valued at $5.45 million which the fund obtained.

Meanwhile, there were significant ups and downs when it comes to positions held by the fund during Q3. The fund raised its stake in Carrizo Oil & Gas, Inc. (NASDAQ:CRZO) and American Airlines Group, Inc. (NASDAQ:AAL) by 212% to 389,500 shares and 199% to 248,000 shares, respectively. On the other side, there are companies such as Roku, Inc. (NASDAQ:ROKU) and Wideopenwest, Inc. (NYSE:WOW) in which the fund actually lowered its stake by 88% to 60,328 shares and 87% to 86,796 shares, respectively.

Finally, the biggest positions Buckingham Capital Management decided to say goodbye to were in KapStone Paper & Packaging Corp (NYSE‎:KS) and Jefferies Financial Group Inc. (NYSE:JEF) whose 48,430 shares and 79,154 shares, respectively, were completely sold.

Disclosure: None. This article was originally published at Insider Monkey.