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Algebris (UK) Portfolio holdings
AUM
$1.38B
1-Year Est. Return
3.87%
This Fund
S&P 500
This Quarter
Est. Return
+2.22%
1 Year Est. Return
-3.87%
3 Year Est. Return
+19.47%
5 Year Est. Return
-21.98%
10 Year Est. Return
–
AUM
$204M
AUM Growth
-$45.4M
(-18%)
Cap. Flow
-$45.9M
Cap. Flow
% of AUM
-22.56%
Top 10 Holdings %
Top 10 Hldgs %
81.84%
Holding
46
New
4
Increased
9
Reduced
17
Closed
8
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
MetLife
MET
|
+$11.4M |
| 2 |
Webster Financial
WBS
|
+$3.64M |
| 3 |
Corebridge Financial
CRBG
|
+$2.15M |
| 4 |
Equitable Holdings
EQH
|
+$1.04M |
| 5 |
Citizens Financial Group
CFG
|
+$528K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Truist Financial
TFC
|
+$16.6M |
| 2 |
US Bancorp
USB
|
+$14.6M |
| 3 |
Citigroup
C
|
+$5.83M |
| 4 |
Wells Fargo
WFC
|
+$4.76M |
| 5 |
Unum
UNM
|
+$4.38M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 87.62% |
| 2 | Technology | 6.11% |
| 3 | Industrials | 2.14% |
| 4 | Healthcare | 1.1% |
| 5 | Utilities | 0.51% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
Advanced Drainage Systems
WMS
$10.6B
| $586K | 0.29% |
5,173
-873
| -14% | -$82.4K |
|
27
Wabtec
WAB
$49.1B
| $584K | 0.29% |
5,349
| – | – |
|
28
Sempra
SRE
$57.9B
| $580K | 0.28% |
7,994
+614
| +8% | +$46.1K |
|
29
Synopsys
SNPS
$74.4B
| $564K | 0.28% |
1,300
| – | – |
|
30
Crown Holdings
CCK
$12.8B
| $548K | 0.27% |
6,331
| – | – |
|
31
A.O. Smith
AOS
$8.29B
| $516K | 0.25% |
7,121
-690
| -9% | -$47.2K |
|
32
Xylem
XYL
$27.3B
| $476K | 0.23% |
+4,242
| New | +$449K |
|
33
NextEra Energy
NEE
$181B
| $449K | 0.22% |
+6,080
| New | +$460K |
|
34
Thermo Fisher Scientific
TMO
$213B
| $380K | 0.19% |
732
-230
| -24% | -$124K |
|
35
Agilent Technologies
A
$39.1B
| $293K | 0.14% |
2,447
-1,222
| -33% | -$156K |
|
36
Nuveen Preferred & Income Opportunities Fund
JPC
$2.89B
| $281K | 0.14% |
43,528
| – | – |
|
|
GNTA
37
Genenta Science
GNTA
$71.8M
| $267K | 0.13% |
45,000
| – | – |
|
|
38
CALL
Citizens Financial Group
CFG
$30.3B
| – | – |
-8,300
| Closed | -$291K |
|
39
Grupo Cibest SA
CIB
$22B
| – | – |
-114,190
| Closed | -$2.88M |
|
40
Darling Ingredients
DAR
$9.64B
| – | – |
-5,488
| Closed | -$322K |
|
41
nCino
NCNO
$2.02B
| – | – |
-110,362
| Closed | -$2.74M |
|
|
SF
42
Stifel
SF
$12.6B
| – | – |
-43,755
| Closed | -$1.73M |
|
|
SNV
43
DELISTED
Synovus
SNV
| – | – |
-79,677
| Closed | -$2.46M |
|
|
44
Truist Financial
TFC
$63.3B
| – | – |
-483,844
| Closed | -$16.6M |
|
|
45
Wells Fargo
WFC
$261B
| – | – |
-127,065
| Closed | -$4.76M |
|
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Algebris (UK)'s Q2 2023 Portfolio in Review
As of Q2 2023, Algebris (UK) held 46 positions worth $204M, down 18% from $249M the previous quarter. Its ten largest holdings account for 82% of the portfolio.
Algebris (UK) withdrew a net $45.9M in Q2 2023, closing 8 positions and reducing 17 holdings. Its most notable exit was Truist Financial, an estimated $16.6M position sold in full.
By sector, the portfolio is most concentrated in Financials at 88% of assets, down from 90% a quarter earlier, followed by Technology and Industrials.
Against the trend, Algebris (UK) opened a new position in Corebridge Financial worth $2.27M.
- Algebris (UK)'s largest Q2 2023 buy was Corebridge Financial: 128,943 shares worth $2.27M.
- Algebris (UK) added most to MetLife in Q2 2023, an estimated $11.4M increase.
- Algebris (UK)'s biggest Q2 2023 reduction was US Bancorp, cutting an estimated $14.6M.
- Algebris (UK) fully exited Truist Financial in Q2 2023, selling an estimated $16.6M.
- Algebris (UK)'s ten largest holdings make up 82% of its $204M portfolio in Q2 2023.
- Algebris (UK) opened 4 new positions and closed 8 in Q2 2023.
- Algebris (UK)'s portfolio value fell 18% quarter-over-quarter to $204M.
Based on Algebris (UK)'s 13F filing for Q2 2023, filed 11 Aug 2023.