Tavio Capital LLC
Regulatory profile
From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.
Portfolio style
Measured from the filed 13F common-share book for Jun 30, 2020, never from the firm's own description.
Closest benchmark: the S&P MidCap 400 as of 2020-06-30, active share 99.2%; sector active share 79.9% against the combined 13F book's sector weights.
Over time 2 measured quarters
How the bands are measured
Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.
Clone Performance
Build a hypothetical price-return history from this filer's public 13F holdings.
View clone backtestPortfolio Concentration
8 tracked positions · as of Jun 30, 2020 · Δ vs Mar 31, 2020Portfolio Trend
Sector Breakdown
As of Jun 30, 2020| Sector | % Portfolio | Value |
|---|---|---|
| Healthcare | 90.1% | $67,994,608 |
| Unclassified | 9.9% | $7,450,000 |
Last Quarter's Activity
Export CSVNew Positions
Positions the filer opened this quarter| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| BAX | Baxter International Inc | 68,405 | $5,889,670 | |
| — | 202,943 | $4,465,000 | ||
| — | 34,329 | $2,985,000 | ||
| No positions match the current search. | ||||
Sold Out
Positions the filer fully exited| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| HCA | HCA Healthcare, Inc. | 9,125 | $819,881 | |
| No positions match the current search. | ||||
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| MOH |
Molina Healthcare, Inc.
Healthcare
|
Reduced | 91,479 | $16,281,432 | 21.58% | |
| MCK |
Mckesson Corp
Healthcare
|
Reduced | 99,594 | $15,279,711 | 20.25% | |
| ZBH |
Zimmer Biomet Holdings, Inc.
Healthcare
|
Added | 127,819 | $15,256,476 | 20.22% | |
| CI |
Cigna Group
Healthcare
|
Added | 75,163 | $14,104,336 | 18.69% | |
| BAX |
Baxter International Inc
Healthcare
|
NEW | 68,405 | $5,889,670 | 7.81% | |
|
|
NEW | 202,943 | $4,465,000 | 5.92% | ||
|
|
NEW | 34,329 | $2,985,000 | 3.96% | ||
| CNC |
Centene Corp
Healthcare
|
Reduced | 18,615 | $1,182,983 | 1.57% |
Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.