We are live on ! Find out more
AU

Algebris (UK) Portfolio holdings

AUM $1.38B
1-Year Est. Return 3.87%
This Fund
S&P 500
This Quarter Est. Return
+7.96%
1 Year Est. Return
-3.87%
3 Year Est. Return
+19.47%
5 Year Est. Return
-21.98%
10 Year Est. Return
–
AUM
$342M
AUM Growth
-$154M
Cap. Flow
-$185M
Cap. Flow %
-54.06%
Top 10 Hldgs %
58.77%
Holding
64
New
17
Increased
7
Reduced
16
Closed
22

Top Buys

Rank Stock Value
1
NLY icon
Annaly Capital Management
NLY
+$8.87M
2
ATH
Athene Holding Ltd. Class A Common Shares
ATH
+$6.78M
3
AGNC icon
AGNC Investment
AGNC
+$5.46M
4
SNV
Synovus
SNV
+$5.05M
5
DB icon
Deutsche Bank
DB
+$3.9M

Top Sells

Rank Stock Value
1
BX icon
Blackstone
BX
+$23.8M
2
PRU icon
Prudential Financial
PRU
+$14.1M
3
KEY icon
KeyCorp
KEY
+$13.6M
4
LNC icon
Lincoln National
LNC
+$10.4M
5
LM
Legg Mason, Inc.
LM
+$9.59M

Sector Composition

Rank Sector Weight
1 Financials 69.09%
2 Real Estate 4.96%
3 Consumer Discretionary 0.19%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
DB icon
26
Deutsche Bank
DB
$69B
$3.9M 1.14%
+505,214
New +$3.9M
FITB
27
Fifth Third Bancorp
FITB
$51.2B
$3.73M 1.09%
133,861
-305,665
-70% -$8.38M
BPOP icon
28
Popular Inc
BPOP
$11.2B
$3.56M 1.04%
+65,544
New +$3.58M
MKTX icon
29
PUT
MarketAxess Holdings
MKTX
$5.71B
$3.21M 0.94%
+10,000
New +$2.89M
KEY icon
30
CALL
KeyCorp
KEY
$24.2B
$3.19M 0.93%
+180,000
New +$3.04M
TWO
31
Two Harbors Investment
TWO
$1.27B
$3.17M 0.93%
+62,638
New +$3.29M
CG icon
32
CALL
Carlyle Group
CG
$16.6B
$2.71M 0.79%
120,000
-80,000
-40% -$1.65M
LAZ icon
33
Lazard
LAZ
$4.13B
$2.55M 0.75%
74,264
-50,540
-40% -$1.81M
BAC icon
34
Bank of America
BAC
$435B
$1.34M 0.39%
46,215
-165,761
-78% -$4.78M
OMF icon
35
OneMain Financial
OMF
$7.23B
$931K 0.27%
+27,548
New +$899K
AMG icon
36
Affiliated Managers Group
AMG
$9.69B
$894K 0.26%
+9,700
New +$952K
ETFC
37
DELISTED
E*Trade Financial Corporation
ETFC
$892K 0.26%
+20,000
New +$955K
WAL icon
38
Western Alliance Bancorporation
WAL
$8.79B
$783K 0.23%
+17,500
New +$781K
COF icon
39
Capital One
COF
$128B
$763K 0.22%
8,411
-5,100
-38% -$456K
STLA icon
40
Stellantis
STLA
$16.7B
$662K 0.19%
+47,500
New +$690K
ABCB icon
41
Ameris Bancorp
ABCB
$5.85B
$509K 0.15%
13,000
-92,550
-88% -$3.38M
APO icon
42
CALL
Apollo Global Management
APO
$72.4B
– –
-200,000
Closed -$5.65M
BKU icon
43
CALL
Bankunited
BKU
$3.37B
– –
-150,000
Closed -$5.01M
BKU icon
44
Bankunited
BKU
$3.37B
– –
-184,462
Closed -$6.16M
BX icon
45
CALL
Blackstone
BX
$102B
– –
-187,500
Closed -$6.56M
BX icon
46
Blackstone
BX
$102B
– –
-681,894
Closed -$23.8M
CFG icon
47
CALL
Citizens Financial Group
CFG
$30.3B
– –
-150,000
Closed -$4.88M
EQH icon
48
CALL
Equitable Holdings
EQH
$13B
– –
-200,000
Closed -$4.03M
FHN icon
49
First Horizon
FHN
$12.2B
– –
-267,971
Closed -$3.75M
LNC icon
50
Lincoln National
LNC
$8.72B
– –
-177,642
Closed -$10.4M
1
2
3

Similar funds

RIM
Ranger Investment Management Dallas, Texas $1.38B AUM 24.55% 1-Year Est. Return
OCAM
Owl Creek Asset Management New York $1.38B AUM 59.67% 1-Year Est. Return
AO
Advisor OS Chicago, Illinois $1.38B AUM 16.6% 1-Year Est. Return
FFM
Fairmount Funds Management West Conshohocken, Pennsylvania $1.38B AUM 407.79% 1-Year Est. Return
JHU
Johns Hopkins University Baltimore, Maryland $1.38B AUM 9.48% 1-Year Est. Return
NCGI
Next Century Growth Investors Plymouth, Minnesota $1.38B AUM 102.34% 1-Year Est. Return
NIP
Nicholas Investment Partners Rancho Santa Fe, California $1.39B AUM 97.11% 1-Year Est. Return
RAM
Robinhood Asset Management Menlo Park, California $1.38B AUM

Algebris (UK)'s Q2 2019 Portfolio in Review

As of Q2 2019, Algebris (UK) held 64 positions worth $342M, down 31% from $496M the previous quarter. Its ten largest holdings account for 59% of the portfolio.

Algebris (UK) withdrew a net $185M in Q2 2019, closing 22 positions and reducing 16 holdings. Its most notable exit was Blackstone, an estimated $23.8M position sold in full.

By sector, the portfolio is most concentrated in Financials at 69% of assets, up from 66% a quarter earlier, followed by Real Estate and Consumer Discretionary.

Against the trend, Algebris (UK) opened a new position in Annaly Capital Management worth $8.5M.

  • Algebris (UK)'s largest Q2 2019 buy was Annaly Capital Management: 232,770 shares worth $8.5M.
  • Algebris (UK) added most to Athene Holding Ltd. Class A Common Shares in Q2 2019, an estimated $6.78M increase.
  • Algebris (UK)'s biggest Q2 2019 reduction was Prudential Financial, cutting an estimated $14.1M.
  • Algebris (UK) fully exited Blackstone in Q2 2019, selling an estimated $23.8M.
  • Algebris (UK)'s ten largest holdings make up 59% of its $342M portfolio in Q2 2019.
  • Algebris (UK) opened 17 new positions and closed 22 in Q2 2019.
  • Algebris (UK)'s portfolio value fell 31% quarter-over-quarter to $342M.

Based on Algebris (UK)'s 13F filing for Q2 2019, filed 14 Aug 2019.