Mountain Road Advisors, 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 Sep 30, 2020, never from the firm's own description.
Closest benchmark: the S&P MidCap 400 as of 2020-09-30, active share 98.9%; sector active share 92.2% against the combined 13F book's sector weights.
Over time 3 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
15 tracked positions · as of Sep 30, 2020 · Δ vs Jun 30, 2020Portfolio Trend
Sector Breakdown
As of Sep 30, 2020| Sector | % Portfolio | Value |
|---|---|---|
| Financial Services | 100.0% | $76,658,442 |
| Unclassified | 0.0% | $0 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increasedTrimmed
Positions the filer reduced| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| PGR | Progressive Corp | −30,000 | 45,000 | $4,260,150 | |
| BWIN | Baldwin Insurance Group, Inc. | −29,668 | 185,972 | $4,632,562 | |
| RNR | Renaissancere Holdings Ltd | −20,000 | 47,156 | $8,004,259 | |
| MRSH | Marsh & Mclennan Companies, Inc. | −10,000 | 10,000 | $1,147,000 | |
| AFG | American Financial Group Inc | −5,000 | 185,701 | $12,438,252 | |
| — | −2,540 | 26,460 | $0 | ||
| MKL | Markel Group Inc. | −253 | 11,497 | $11,194,628 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| CB | Chubb Ltd | 25,000 | $2,903,000 | |
| — | 275,000 | $0 | ||
| — | 10,000 | $0 | ||
| No positions match the current search. | ||||
Sold Out
Positions the filer fully exited| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| — | 5,000 | $764,000 | ||
| No positions match the current search. | ||||
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| ACGL |
Arch Capital Group Ltd.
Financial Services
|
Added | 444,330 | $12,996,652 | 16.95% | |
| AFG |
American Financial Group Inc
Financial Services
|
Reduced | 185,701 | $12,438,252 | 16.23% | |
| MKL |
Markel Group Inc.
Financial Services
|
Reduced | 11,497 | $11,194,628 | 14.60% | |
| WRB |
Berkley W R Corp
Financial Services
|
Added | 135,000 | $8,255,256 | 10.77% | |
| RNR |
Renaissancere Holdings Ltd
Financial Services
|
Reduced | 47,156 | $8,004,259 | 10.44% | |
| RLI |
Rli Corp
Financial Services
|
Added | 73,196 | $6,128,701 | 7.99% | |
| BWIN |
Baldwin Insurance Group, Inc.
Financial Services
|
Reduced | 185,972 | $4,632,562 | 6.04% | |
| PGR |
Progressive Corp
Financial Services
|
Reduced | 45,000 | $4,260,150 | 5.56% | |
| EIG |
Employers Holdings, Inc.
Financial Services
|
Added | 112,205 | $3,394,201 | 4.43% | |
| CB |
Chubb Ltd
Financial Services
|
NEW | 25,000 | $2,903,000 | 3.79% | |
| IGIC |
International General Insurance Holdings Ltd.
Financial Services
|
Held | 182,347 | $1,303,781 | 1.70% | |
| MRSH |
Marsh & Mclennan Companies, Inc.
Financial Services
|
Reduced | 10,000 | $1,147,000 | 1.50% | |
|
|
NEW | 275,000 | $0 | 0.00% | ||
|
|
Reduced | 26,460 | $0 | 0.00% | ||
|
|
NEW | 10,000 | $0 | 0.00% |
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.