Absolute Investment Advisers is an investment fund managing more than $7.83 million ran by Eric Hage. There are currently 2 companies in Mr. Hage’s portfolio. The largest investments include Harmonic and Ishares Tr, together worth $7.83 million.
As of 4th October 2022, Absolute Investment Advisers’s top holding is 2,750,000 shares of Harmonic currently worth over $4.26 million and making up 54.4% of the portfolio value.
Relative to the number of outstanding shares of Harmonic, Absolute Investment Advisers owns more than approximately 0.1% of the company.
In addition, the fund holds 50,000 shares of Ishares Tr worth $3.57 million.
Currently, Absolute Investment Advisers's portfolio is worth at least $7.83 million. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
The Absolute Investment Advisers office and employees reside in Hingham, Massachusetts. According to the last 13-F report filed with the SEC, Eric Hage serves as the CHIEF INVESTMENT OFFICER at Absolute Investment Advisers.
In the most recent 13F filing, Absolute Investment Advisers revealed that it had opened a new position in
Ishares Tr and bought 50,000 shares worth $3.57 million.
On the other hand, Eric Hage disclosed a decreased stake in Harmonic by 0.3%.
This leaves the value of the investment at $4.26 million and 2,750,000 shares.
The two most similar investment funds to Absolute Investment Advisers are Domini Impact Investments and Coltrane Asset Management L.P.. They manage $7.6 million and $8.1 million respectively.
Absolute Investment Advisers’s portfolio is diversified across 2 sectors.
Currently, their heaviest sector is Technology — making up 54.4% of
the total portfolio value.
The fund focuses on investments in the United States as
50.0% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
approximately 0.1% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $1.36 billion.
These positions were updated on October 11th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Harmonic, Inc. |
26.67%
2,750,000
|
$4,263,000 | 54.42% |
| Ishares Tr |
Opened
50,000
|
$3,570,000 | 45.58% |
| No transactions found | |||
| Showing first 500 out of 2 holdings | |||