Grandmaster Capital Management LLC 13F Holdings · last filed Q1 2015

Grandmaster Capital Management LLC reported 13 securities worth $160.63M in its SEC 13F filing for Q1 2015 (period ended 2015-03-31). Top holdings: HHC (11.15%), ELV (10.47%), MSFT (9.85%). Among its top 25 positions this quarter: 4 new, 1 added, 8 trimmed, 9 exited.

Rank	Ticker	Company	Value	% Portfolio	Shares	Action
1	HHC	HOWARD HUGHES CORP/THE	$17.9M	11.15%	115,557	Trimmed
2	ELV	ANTHEM INC	$16.8M	10.47%	108,890	Trimmed
3	MSFT	MICROSOFT CORP	$15.8M	9.85%	389,338	Trimmed
4	MTN	VAIL RESORTS INC	$15.6M	9.73%	151,113	Trimmed
5	WFC	WELLS FARGO & CO	$15.0M	9.33%	275,559	Trimmed
6	NVR	NVR INC	$14.2M	8.82%	10,667	Trimmed
7	SYF	SYNCHRONY FINL	$14.0M	8.73%	462,228	New
8	HLT	HILTON WORLDWIDE HLDGS INC	$12.9M	8.03%	435,561	New
9	PGR	PROGRESSIVE CORP OHIO	$12.3M	7.68%	453,339	Trimmed
10	ADEA	TESSERA TECHNOLOGIES INC	$11.3M	7.02%	280,003	Added
11	SPGI	MCGRAW HILL FINL INC	$7.9M	4.92%	76,445	New
12	ALSN	ALLISON TRANSMISSION HLDGS I	$4.7M	2.93%	147,157	Trimmed
13	BRG	BLUEROCK RESIDENT GR REIT IN	$2.1M	1.33%	160,000	New
14	AXP	AMERICAN EXPRESS CO	$0	0.00%	0	Exited
15	BBSI	BARRETT BUSINESS SERVICES IN	$0	0.00%	0	Exited
16	HOG	HARLEY DAVIDSON INC	$0	0.00%	0	Exited
17	MA	MASTERCARD INC CL A	$0	0.00%	0	Exited
18	MAR	MARRIOTT INTL INC CL A	$0	0.00%	0	Exited
19	MSI	MOTOROLA SOLUTIONS INC	$0	0.00%	0	Exited
20	TFCFA	TWENTY FIRST CENTY FOX INC CL A	$0	0.00%	0	Exited
21	THO	THOR INDS INC	$0	0.00%	0	Exited
22	USB	US BANCORP	$0	0.00%	0	Exited

Source: SEC Form 13F filings · as of 2015-03-31

Every position in this 13F-HR, with its change from the prior quarter.

13F holdings, latest quarter

SourceSEC EDGAR13F-HR