By: Manisha Sethi May. 31, 2018

Bach Investment Advisors Ltd SEC 13F filings on April 11, 2018 shows an increase in portfolio value by 21.76% to $178.718 million compared to the previous quarter. The investor reported a total of 65 holdings this quarter consisting of 4 new stocks. Bach Investment Advisors Ltd is based in Grand Cayman. It was founded by Jeremy Bach & the portfolio is well diversified across various sectors with a mix of stocks and ETFs. The top 10 holdings form 74.38% of the investor’s portfolio.

According to the Raltin, around 62.13% or 40 new stock buys of Bach Investment Advisors outperform the S&P 500, whereas only 37.87% or 25 new stock buys 5 (between Q1 2014 & Q1 2018) underperform the S&P 500. Raltin’s detailed methodology for calculating the S&P 500 outperformance is given here. The below table shows the total number of new stock purchases and the various S&P outperformance categories.

S&P Outperformance CategoryNumber of New Stock Purchases% of total new purchases
>20%2537.88
10% to 20%710.61
0 to 10%913.64
-10% to 01319.7
-20% to -10%812.12
<-20%46.06
Total stocks66

Bach Investment Advisors Ltd, bought 4 new stocks this quarter including 2 ETFs. The following table mentions the number of shares of the new buys along with their holding value. The firm invested $1,047,000 to buy the ETFs.

StocksNumber of sharesHolding value ($1000)
Biogen Inc. (BIIB)1,180323
AT&T Inc. (T)6,253223
Ishares 20+ year Treasury Bond ETF (TLT)3,825466
Barclays BK PLC / Ipath S&P 500 VIX (VXX)12,290581

The following table shows the portfolio value of the investor for the last 5 quarters starting from 2017 Q1 with the top 3 holdings in each period outperforming the S&P 500 IRR by at least 20%.  Several new picks by the fund like Alibaba group, PNC financial services, Valero energy corp have been extremely successful.

PeriodTotal Portfolio Value (in $Mn)Top Holdings (Ticker, % IRR difference from S&P 500)
Q4 2016220.853Alibaba Group Holding Limited (BABA, 77.29), Tesla Motors, Inc. (TSLA, 26.41), Monster Beverage Corporation New (MNST, 23.43)
Q3 2016215.185Valero Energy Corp. (VLO, 29.1), Price (T.) Rowe Group, Inc. (TROW, 20.24),
Q2 2016247.077PNC Financial Services Group, Inc. (The) (PNC, 37.99), Apple, Inc. (AAPL, 35.22), Carnival Corp. (CCL, 32.92)
Q1 2016166.821Bank of America Corp. (BAC, 59.78), Morgan Stanley (MS, 56.59), Amazon.com, Inc. (AMZN, 34.64)