Tracking Mick McGuire’s Marcato Capital Management Portfolio – Q1 2018 Update

• Mick McGuire’s 13F portfolio value decreased from $1.09B to $631M this quarter.
• Marcato Capital Management dropped Deckers Outdoor while increasing IAC Interactive and Rayonier Advanced Materials.
• The largest three individual stock positions are IAC Interactive , Terex Corp., and Itron Inc. and they add up to ~51% of the portfolio.

Mick McGuire’s 13F portfolio value decreased ~42% from $1.09B to $631M this quarter. Recent 13F reports show ~20 individual stock positions. The top five stakes are IAC Interactive (IAC),, Terex Corporation (TEX), Itron Inc. (ITRI), DXC Technology (DXC), and AAR Corp.(AIR) and they add up to ~70% of the 13F portfolio.

Note: In September 2017, McGuire said he expects Terex Corporation shares to triple although it has already doubled since he first invested in July 2016. Shares were trading in the low-40s at the time. It currently trades at $41.87.

Below is a spreadsheet that shows the changes to Mick McGuire's Marcato Capital US long portfolio holdings as of Q1 2018. For a look at how the portfolio has progressed, see our previous update:

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