# MILES CAPITAL, INC.

> Institutional holdings reported to the SEC as of Q1 2020 on Form 13F. CIK 1276151. Source: https://holderbook.com/funds/1276151-miles-capital-inc/

- Reported value: $92.8M
- Positions: 129
- Weight of the ten largest: 40.5%
- Filed: 2020-05-13

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| VANGUARD BD INDEX FDS | [BND](https://holderbook.com/stocks/BND/) | $9.8M | 114,869 | 10.6% | 6 |
| ISHARES TR | [HYG](https://holderbook.com/stocks/HYG/) | $8.9M | 115,966 | 9.6% | 6 |
| VANGUARD TAX-MANAGED FDS | [VEA](https://holderbook.com/stocks/VEA/) | $4.9M | 146,445 | 5.3% | 6 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $3.1M | 19,379 | 3.3% | 6 |
| ISHARES TR | [IWM](https://holderbook.com/stocks/IWM/) | $2.0M | 17,812 | 2.2% | 6 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $2.0M | 7,724 | 2.1% | 6 |
| NEXTERA ENERGY INC | [NEE](https://holderbook.com/stocks/NEE/) | $1.9M | 7,847 | 2.0% | 6 |
| MONDELEZ INTL INC | [MDLZ](https://holderbook.com/stocks/MDLZ/) | $1.8M | 36,027 | 1.9% | 6 |
| PROLOGIS INC. | [PLD](https://holderbook.com/stocks/PLD/) | $1.7M | 20,544 | 1.8% | 6 |
| VANGUARD WHITEHALL FDS | [VYM](https://holderbook.com/stocks/VYM/) | $1.6M | 22,737 | 1.7% | 6 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $1.5M | 5,919 | 1.6% | 6 |
| VANGUARD INDEX FDS | [VNQ](https://holderbook.com/stocks/VNQ/) | $1.4M | 20,712 | 1.6% | 6 |
| BLACKROCK INC | [BLKXXXX](https://holderbook.com/stocks/BLKXXXX/) | $1.4M | 3,187 | 1.5% | 6 |
| INTERCONTINENTAL EXCHANGE IN | [ICE](https://holderbook.com/stocks/ICE/) | $1.3M | 16,270 | 1.4% | 6 |
| DISNEY WALT CO | [DIS](https://holderbook.com/stocks/DIS/) | $1.2M | 12,858 | 1.3% | 3 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $1.1M | 588 | 1.2% | 6 |
| SPDR SERIES TRUST | [JNK](https://holderbook.com/stocks/JNK/) | $1.1M | 11,600 | 1.2% | 4 |
| COMCAST CORP NEW | [CMCSA](https://holderbook.com/stocks/CMCSA/) | $1.1M | 31,775 | 1.2% | 6 |
| THERMO FISHER SCIENTIFIC INC | [TMO](https://holderbook.com/stocks/TMO/) | $1.1M | 3,701 | 1.1% | 6 |
| HONEYWELL INTL INC | [HONZZZZ](https://holderbook.com/stocks/HONZZZZ/) | $1.0M | 7,775 | 1.1% | 6 |
| GILEAD SCIENCES INC | [GILD](https://holderbook.com/stocks/GILD/) | $964.0K | 12,900 | 1.0% | 6 |
| PHILIP MORRIS INTL INC | [PM](https://holderbook.com/stocks/PM/) | $963.0K | 13,205 | 1.0% | 6 |
| MEDICAL PROPERTIES TRUST INC | [MPT](https://holderbook.com/stocks/MPT/) | $840.0K | 48,567 | 0.9% | 6 |
| MORGAN STANLEY | [MS](https://holderbook.com/stocks/MS/) | $833.0K | 24,514 | 0.9% | 6 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $785.0K | 10,827 | 0.8% | 6 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $772.0K | 3,257 | 0.8% | 6 |
| MCDONALDS CORP | [MCD](https://holderbook.com/stocks/MCD/) | $772.0K | 4,668 | 0.8% | 6 |
| EQUINIX INC | [EQIX](https://holderbook.com/stocks/EQIX/) | $766.0K | 1,227 | 0.8% | 6 |
| CERNER CORP | [CERN](https://holderbook.com/stocks/CERN/) | $760.0K | 12,059 | 0.8% | 6 |
| VANGUARD SCOTTSDALE FDS | [VGSH](https://holderbook.com/stocks/VGSH/) | $755.0K | 12,104 | 0.8% | 6 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $707.0K | 5,889 | 0.8% | 6 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $703.0K | 605 | 0.8% | 6 |
| TARGET CORP | [TGT](https://holderbook.com/stocks/TGT/) | $699.0K | 7,515 | 0.8% | 1 |
| PUBLIC SVC ENTERPRISE GROUP | [PEG](https://holderbook.com/stocks/PEG/) | $679.0K | 15,112 | 0.7% | 6 |
| HCA HEALTHCARE INC | [HCA](https://holderbook.com/stocks/HCA/) | $669.0K | 7,445 | 0.7% | 6 |
| CAPITAL ONE FINL CORP | [COF](https://holderbook.com/stocks/COF/) | $666.0K | 13,214 | 0.7% | 6 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $657.0K | 8,540 | 0.7% | 6 |
| CITIGROUP INC | [C](https://holderbook.com/stocks/C/) | $645.0K | 15,321 | 0.7% | 5 |
| TAKE-TWO INTERACTIVE SOFTWAR | [TTWO](https://holderbook.com/stocks/TTWO/) | $608.0K | 5,123 | 0.7% | 4 |
| VANGUARD INTL EQUITY INDEX F | [VWO](https://holderbook.com/stocks/VWO/) | $568.0K | 16,910 | 0.6% | 6 |
| ABBOTT LABORATORIES | [ABT](https://holderbook.com/stocks/ABT/) | $565.0K | 7,166 | 0.6% | 6 |
| AMERIPRISE FINL INC | [AMP](https://holderbook.com/stocks/AMP/) | $558.0K | 5,449 | 0.6% | 3 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $557.0K | 2,232 | 0.6% | 6 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $541.0K | 3,357 | 0.6% | 6 |
| INVITATION HOMES INC | [INVH](https://holderbook.com/stocks/INVH/) | $538.0K | 25,179 | 0.6% | 4 |
| L3HARRIS TECHNOLOGIES INC | [LHX](https://holderbook.com/stocks/LHX/) | $534.0K | 2,964 | 0.6% | 3 |
| DELTA AIR LINES INC | [DAL](https://holderbook.com/stocks/DAL/) | $532.0K | 18,656 | 0.6% | 6 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $532.0K | 2,204 | 0.6% | 6 |
| PFIZER INC | [PFE](https://holderbook.com/stocks/PFE/) | $530.0K | 16,244 | 0.6% | 6 |
| SPDR SERIES TRUST | [XBI](https://holderbook.com/stocks/XBI/) | $520.0K | 6,717 | 0.6% | 6 |
| ENCOMPASS HEALTH CORP | [EHC](https://holderbook.com/stocks/EHC/) | $507.0K | 7,918 | 0.5% | 3 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $506.0K | 1,776 | 0.5% | 6 |
| LAM RESEARCH CORP | [LRCXXXXX](https://holderbook.com/stocks/LRCXXXXX/) | $503.0K | 2,095 | 0.5% | 6 |
| HUNTSMAN CORP | [HUN](https://holderbook.com/stocks/HUN/) | $483.0K | 33,488 | 0.5% | 6 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $453.0K | 8,425 | 0.5% | 4 |
| SALESFORCE INC | [CRM](https://holderbook.com/stocks/CRM/) | $449.0K | 3,118 | 0.5% | 6 |
| SYNCHRONY FINANCIAL | [SYF](https://holderbook.com/stocks/SYF/) | $446.0K | 27,709 | 0.5% | 3 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $444.0K | 2,660 | 0.5% | 6 |
| ELEVANCE HEALTH INC FORMERLY | [ELV](https://holderbook.com/stocks/ELV/) | $441.0K | 1,944 | 0.5% | 3 |
| EMERSON ELEC CO | [EMR](https://holderbook.com/stocks/EMR/) | $432.0K | 9,059 | 0.5% | 6 |
| GENERAL MTRS CO | [GM](https://holderbook.com/stocks/GM/) | $427.0K | 20,528 | 0.5% | 4 |
| WILLIAMS COS INC | [WMB](https://holderbook.com/stocks/WMB/) | $419.0K | 29,577 | 0.5% | 5 |
| FIDELITY NATL FINL INC | [FNF](https://holderbook.com/stocks/FNF/) | $417.0K | 16,777 | 0.4% | 5 |
| CITIZENS FINL GROUP INC | [CFG](https://holderbook.com/stocks/CFG/) | $408.0K | 21,688 | 0.4% | 5 |
| VERTEX PHARMACEUTICALS INC | [VRTX](https://holderbook.com/stocks/VRTX/) | $394.0K | 1,657 | 0.4% | 6 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $388.0K | 9,872 | 0.4% | 6 |
| RAYTHEON CO | [RTN](https://holderbook.com/stocks/RTN/) | $375.0K | 2,859 | 0.4% | 5 |
| TIMKEN CO | [TKR](https://holderbook.com/stocks/TKR/) | $375.0K | 11,588 | 0.4% | 5 |
| FIRST AMERN FINL CORP | [FAF](https://holderbook.com/stocks/FAF/) | $370.0K | 8,721 | 0.4% | 4 |
| VALERO ENERGY CORP | [VLO](https://holderbook.com/stocks/VLO/) | $365.0K | 8,051 | 0.4% | 3 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $359.0K | 309 | 0.4% | 6 |
| EASTERLY GOVT PPTYS INC | [DEAXXXX](https://holderbook.com/stocks/DEAXXXX/) | $359.0K | 14,580 | 0.4% | 4 |
| BOSTON SCIENTIFIC CORP | [BSX](https://holderbook.com/stocks/BSX/) | $351.0K | 10,756 | 0.4% | 6 |
| T-MOBILE US INC | [TMUS](https://holderbook.com/stocks/TMUS/) | $349.0K | 4,160 | 0.4% | 4 |
| STARWOOD PPTY TR INC | [STWD](https://holderbook.com/stocks/STWD/) | $342.0K | 33,390 | 0.4% | 6 |
| AGREE RLTY CORP | [ADC](https://holderbook.com/stocks/ADC/) | $331.0K | 5,343 | 0.4% | 6 |
| ISHARES TR | [TIP](https://holderbook.com/stocks/TIP/) | $330.0K | 2,796 | 0.4% | 6 |
| QTS RLTY TR INC | [QTS](https://holderbook.com/stocks/QTS/) | $322.0K | 5,548 | 0.3% | 2 |
| EASTMAN CHEM CO | [EMN](https://holderbook.com/stocks/EMN/) | $320.0K | 6,869 | 0.3% | 1 |
| F N B CORP | [FNB](https://holderbook.com/stocks/FNB/) | $312.0K | 42,313 | 0.3% | 4 |
| AMERICAN TOWER CORP | [AMT](https://holderbook.com/stocks/AMT/) | $309.0K | 1,418 | 0.3% | 6 |
| EHEALTH INC | [EHTH](https://holderbook.com/stocks/EHTH/) | $309.0K | 2,193 | 0.3% | 2 |
| VISTRA CORP | [VST](https://holderbook.com/stocks/VST/) | $305.0K | 19,127 | 0.3% | 4 |
| PRUDENTIAL FINL INC | [PRU](https://holderbook.com/stocks/PRU/) | $295.0K | 5,653 | 0.3% | 6 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $288.0K | 6,276 | 0.3% | 4 |
| DANAHER CORP DEL | [DHR](https://holderbook.com/stocks/DHR/) | $287.0K | 2,070 | 0.3% | 6 |
| LHC GROUP INC | [LHCG](https://holderbook.com/stocks/LHCG/) | $286.0K | 2,040 | 0.3% | 5 |
| ALLY FINL INC | [ALLY](https://holderbook.com/stocks/ALLY/) | $271.0K | 18,765 | 0.3% | 4 |
| HUMANA INC | [HUM](https://holderbook.com/stocks/HUM/) | $271.0K | 864 | 0.3% | 2 |
| NEOGENOMICS INC | [NEO](https://holderbook.com/stocks/NEO/) | $261.0K | 9,442 | 0.3% | 2 |
| AMETEK INC | [AME](https://holderbook.com/stocks/AME/) | $260.0K | 3,612 | 0.3% | 4 |
| KEYSIGHT TECHNOLOGIES INC | [KEYS](https://holderbook.com/stocks/KEYS/) | $259.0K | 3,093 | 0.3% | 6 |
| NOVARTIS AG | [NVS](https://holderbook.com/stocks/NVS/) | $258.0K | 3,133 | 0.3% | 6 |
| QUIDEL CORP | [QDELXXXX](https://holderbook.com/stocks/QDELXXXX/) | $254.0K | 2,596 | 0.3% | 1 |
| MEDTRONIC PLC | [MDT](https://holderbook.com/stocks/MDT/) | $254.0K | 2,814 | 0.3% | 6 |
| FABRINET | [FN](https://holderbook.com/stocks/FN/) | $253.0K | 4,635 | 0.3% | 6 |
| CONSTELLATION BRANDS INC | [STZ](https://holderbook.com/stocks/STZ/) | $247.0K | 1,720 | 0.3% | 6 |
| SEMPRA | [SRE](https://holderbook.com/stocks/SRE/) | $244.0K | 2,160 | 0.3% | 4 |
| JACOBS ENGR GROUP INC | [JXXXX](https://holderbook.com/stocks/JXXXX/) | $240.0K | 3,033 | 0.3% | 4 |
| DUPONT DE NEMOURS INC | [DD](https://holderbook.com/stocks/DD/) | $234.0K | 6,857 | 0.3% | 1 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q1 2020 | -21.7% | -19.9% | -1.8% | 100% |
| Q4 2019 | +6.1% | +8.5% | -2.4% | 100% |
| Q3 2019 | +1.1% | +1.3% | -0.2% | 100% |
| Q2 2019 | +2.6% | +3.7% | -1.1% | 100% |
| Q1 2019 | +11.0% | +13.0% | -2.1% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q1 2020 | $92.8M | 129 |
| Q4 2019 | $124.6M | 186 |
| Q3 2019 | $121.3M | 177 |
| Q2 2019 | $122.6M | 180 |
| Q1 2019 | $115.3M | 165 |
| Q4 2018 | $101.3M | 153 |