Weitz Partners III Opportunity Fund Institutional Class

 (MUTF:WPOPX)   Watch this mutual fund  
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Performance

Trailing returns

1 day   +0.00%  
1 week   +0.67%
   
4 week   +3.20%
   
3 month   +0.31%
   
YTD   +7.81%
   
1 year   +10.51%
   
3 years*   +2.77%
   
5 years*   +9.94%
   
*annualized
Best 3 month return+27.38%  
Worst 3 month return-26.88%  

Morningstar statistics

Morningstar category: Long-Short Equity
  Return Risk Rating
3 years Average Above Average
5 years Above Average Above Average
10 years Above Average Above Average
Overall Above Average Above Average
Morningstar style  Learn more
      Large
      Mid
      Small
Value Blend Growth  

Key statistics

Total assets690.64M 
Front load-  
Deferred load-  
Expense ratio1.17%  
Management fee-  
Fund familyWeitz 

Asset allocation

Cash40.78%  
Stocks57.13%  
Bonds2.16%  
Other-0.07%  

Purchase information

Initial$1,000,000  
Additional$25  
14.930.00(0.00%)
Jul 24, 8:00PM EDT Overall Morningstar RatingTM

Description

The investment seeks capital appreciation. The fund is a "multi-cap" fund and may invest in securities of any market capitalization. It invests in long positions in stocks and other securities, when the managers anticipate that the value of such securities will increase. The fund also invests in short positions in stocks and other securities, including short sales of exchange traded funds, when the managers anticipate a decline in the value of such securities.
Fund filings (PDF) »
Asset manager:
Wallace Weitz (Started: Dec 30, 2005)
Advisor Company:
Weitz Investment Management, Inc
Fund family reports on Morningstar »
Weitz Funds, 1125 South 103rd Street, Suite 200, Omaha, Nebraska 68124-1071, USA

Risk

  1 year 3 years 5 years 10 years  
Alpha* 0.12 -5.12 -1.34 -0.02
Beta* 0.66 0.74 0.75 0.86
Mean annual return 0.95 0.18 0.78 0.59
R-squared* 31.94 64.93 63.74 74.94
Standard deviation 7.14 9.50 8.95 15.12
Sharpe ratio 1.52 0.20 1.02 0.43
* Against standard index

Top 10 holdings

Security Net Assets  
SPDR� S&P 500 ETF 17.04%  
Berkshire Hathaway Inc B (BRK.B) 9.64%  
PowerShares QQQ ETF 9.57%  
Liberty Global PLC C (LBTYK) 8.61%  
Liberty Broadband Corp C (LBRDK) 8.12%  
iShares Russell 2000 5.96%  
Mastercard Inc A (MA) 4.88%  
Colfax Corp (CFX) 4.54%  
Allergan PLC (AGN) 4.49%  
Redwood Trust Inc (RWT) 4.08%