Investment Outlook: Impax Asset Management Q1 2018 vs. Q2 2018 Holding Changes

In today's market, success is not just about picking stocks. Understanding how to allocate funds is just as important. Impax Asset Management is one of the largest investment management firms, managing approximately $27.7 billion in assets. In this article, we will analyze the changes in the holdings of Impax Asset Management during Q1 2018 and Q2 2018. We will discuss the changes in the value of shares, the company's percentage of flip (sold and repurchased shares), and the top gainers and losers.

First, let's take a look at the overall performance during Q1 and Q2. The holdings report shows that the total value of the shares held by the company increased from $259.96 million in Q1 to $290.35 million in Q2. This represents an increase of 11.69%. Impressively, the company's allocation of shares increased by 22.68%, a notable achievement. It shows that the company has been actively investing and reinvesting while also selling certain positions.

The highest gaining stock held by Impax Asset Management in Q1 and Q2 was Trimble Inc (TRMB) which rose by 39.5%. TRMB started at $34.55 per share in Q1 and rose to $48.15 per share in Q2. Meanwhile, the biggest losing stock held by Impax Asset Management was Rayonier Inc (RYN) which decreased by 13.2%. Fortunately, RYN only accounted for 5.8% of Impax Asset Management's total portfolio, cushioning the loss to a degree.

Another significant change was the growth of the shares in Welbilt Inc (WBT). The shares rose from 829,363 in Q1 to 936,991 in Q2, an increase of 12.96%. Furthermore, the value of the shares increased by 29.6% from $16.13 million in Q1 to $20.90 million in Q2. This helped to increase Impax Asset Management's total portfolio value in Q2.

Now, let's explore some of the other major changes in holdings during Q1 and Q2. Sensata Technologies Holding (ST) had a noteworthy impact, as shares grew from zero in Q1 to 388,896 in Q2. The value of shares represented 6.36% of Impax Asset Management's total portfolio value. Meanwhile, shares in Cia de Saneamento Basico do Es (SBS) decreased from 1,356,883 in Q1 to 1,948,945 in Q2. This 30.08% decrease was the largest decline in the company's portfolio, losing 1.5% of the overall portfolio value.

Power Integrations Inc (POWI) shares decreased by 6.7% in overall value, but the number of shares only decreased by 12.05%. The percentage flip of this stock was only 12.5%, meaning that Impax Asset Management did not buy and sell the same amount of POWI during Q1 and Q2.

In conclusion, Impax Asset Management played a solid game during Q1 and Q2. The company increased its allocation of shares, benefiting from sizable gains in TRMB and WBT. The biggest loss belonged to RYN, but the percentage of the portfolio cushioned the impact to an extent. Overall, Impax Asset Management seems to be in a strong position for growth, as it focuses on expanding its portfolio and identifying future winning investments.