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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
+8.5%
1 Year Est. Return
-3.87%
3 Year Est. Return
+19.47%
5 Year Est. Return
-21.98%
10 Year Est. Return
–
AUM
$225M
AUM Growth
+$33.7M
(+18%)
Cap. Flow
-$56.1M
Cap. Flow
% of AUM
-24.89%
Top 10 Holdings %
Top 10 Hldgs %
64.89%
Holding
46
New
15
Increased
5
Reduced
13
Closed
3
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Lincoln National
LNC
|
+$13.1M |
| 2 |
CMA
Comerica
CMA
|
+$12.2M |
| 3 |
Voya Financial
VOYA
|
+$10.7M |
| 4 |
Banco Bradesco
BBD
|
+$7.95M |
| 5 |
Brighthouse Financial
BHF
|
+$7.21M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Applied Materials
AMAT
|
+$36.5M |
| 2 |
Equitable Holdings
EQH
|
+$35M |
| 3 |
Cencora
COR
|
+$28.3M |
| 4 |
Annaly Capital Management
NLY
|
+$16.9M |
| 5 |
Citigroup
C
|
+$16.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 70.73% |
| 2 | Real Estate | 5.05% |
| 3 | Industrials | 3.48% |
| 4 | Technology | 2.51% |
| 5 | Healthcare | 1.15% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
26
Cencora
COR
$60.6B
| $969K | 0.43% |
4,303
-122,998
| -97% | -$28.3M |
|
|
27
Applied Materials
AMAT
$403B
| $956K | 0.42% |
5,004
-198,729
| -98% | -$36.5M |
|
28
Xylem
XYL
$27.3B
| $877K | 0.39% |
7,323
| – | – |
|
29
Stryker
SYK
$125B
| $877K | 0.39% |
2,644
+349
| +15% | +$117K |
|
30
Clean Harbors
CLH
$16.5B
| $840K | 0.37% |
4,501
| – | – |
|
31
W.W. Grainger
GWW
$65.3B
| $783K | 0.35% |
+830
| New | +$774K |
|
32
Hubbell
HUBB
$25B
| $715K | 0.32% |
1,860
| – | – |
|
33
Simpson Manufacturing
SSD
$7.72B
| $713K | 0.32% |
+3,749
| New | +$726K |
|
34
Waste Management
WM
$90.6B
| $701K | 0.31% |
3,550
-1,122
| -24% | -$220K |
|
35
Synopsys
SNPS
$74.4B
| $675K | 0.3% |
1,274
+251
| +25% | +$138K |
|
36
Advanced Drainage Systems
WMS
$10.6B
| $669K | 0.3% |
4,194
| – | – |
|
37
Carlisle Companies
CSL
$14.6B
| $630K | 0.28% |
+1,735
| New | +$589K |
|
38
Thermo Fisher Scientific
TMO
$213B
| $600K | 0.27% |
1,114
-250
| -18% | -$140K |
|
39
A.O. Smith
AOS
$8.29B
| $506K | 0.22% |
6,109
+140
| +2% | +$11.5K |
|
40
Crown Holdings
CCK
$12.8B
| $465K | 0.21% |
6,331
| – | – |
|
|
GNTA
41
Genenta Science
GNTA
$71.8M
| $146K | 0.06% |
45,000
| – | – |
|
42
M&T Bank
MTB
$35.7B
| – | – |
-53,522
| Closed | -$6.65M |
|
43
Prosperity Bancshares
PB
$8.97B
| – | – |
-21,117
| Closed | -$1.3M |
|
44
Rockwell Automation
ROK
$53.4B
| – | – |
-1,470
| Closed | -$413K |
|
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Algebris (UK)'s Q1 2024 Portfolio in Review
As of Q1 2024, Algebris (UK) held 46 positions worth $225M, up 18% from $192M the previous quarter. Its ten largest holdings account for 65% of the portfolio.
Algebris (UK) withdrew a net $56.1M in Q1 2024, closing 3 positions and reducing 13 holdings. Its most notable exit was M&T Bank, an estimated $6.65M position sold in full.
By sector, the portfolio is most concentrated in Financials at 71% of assets, up from 65% a quarter earlier, followed by Real Estate and Industrials.
Against the trend, Algebris (UK) opened a new position in Comerica worth $11.9M.
- Algebris (UK)'s largest Q1 2024 buy was Comerica: 232,911 shares worth $11.9M.
- Algebris (UK) added most to Lincoln National in Q1 2024, an estimated $13.1M increase.
- Algebris (UK)'s biggest Q1 2024 reduction was Applied Materials, cutting an estimated $36.5M.
- Algebris (UK) fully exited M&T Bank in Q1 2024, selling an estimated $6.65M.
- Algebris (UK)'s ten largest holdings make up 65% of its $225M portfolio in Q1 2024.
- Algebris (UK) opened 15 new positions and closed 3 in Q1 2024.
- Algebris (UK)'s portfolio value rose 18% quarter-over-quarter to $225M.
Based on Algebris (UK)'s 13F filing for Q1 2024, filed 7 May 2024.