We are live on ! Find out more
BGC

Birch Grove Capital Portfolio holdings

AUM $9.51M
1-Year Est. Return 0.22%
This Fund
S&P 500
This Quarter Est. Return
+1.23%
1 Year Est. Return
+0.22%
3 Year Est. Return
-2.66%
5 Year Est. Return
+14%
10 Year Est. Return
–
AUM
$185M
AUM Growth
+$64M
Cap. Flow
-$26.8M
Cap. Flow %
-14.5%
Top 10 Hldgs %
60.71%
Holding
58
New
11
Increased
14
Reduced
2
Closed
12

Top Buys

Rank Stock Value
1
BCO icon
Brink's
BCO
+$4.18M
2
CCIV.U
Churchill Capital Corp IV Units, each consisting of one share of Class A common stock and one-fifth
CCIV.U
+$3M
3
JPM icon
JPMorgan Chase
JPM
+$2.75M
4
BMRN icon
BioMarin Pharmaceuticals
BMRN
+$2.7M
5
GS icon
Goldman Sachs
GS
+$2.54M

Top Sells

Rank Stock Value
1
SGRY icon
Surgery Partners
SGRY
+$1.17M
2
BYD icon
Boyd Gaming
BYD
+$640K
3
HCA icon
HCA Healthcare
HCA
+$446K

Sector Composition

Rank Sector Weight
1 Miscellaneous 70.79%
2 Financials 6.54%
3 Consumer Discretionary 5.52%
4 Communication Services 4.66%
5 Industrials 3.54%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
CCX.U
26
DELISTED
Churchill Capital Corp II
CCX.U
$1.15M 0.62%
100,000
– –
EVRI
27
DELISTED
Everi Holdings
EVRI
$1.12M 0.6%
+135,330
New +$939K
SPY icon
28
PUT
State Street SPDR S&P 500 ETF Trust
SPY
$827B
$922K 0.5%
152,500
-82,300
-35% -$27.3M
ATRO icon
29
Astronics
ATRO
$3.35B
$877K 0.48%
136,349
+40,349
+42% +$307K
SLRC icon
30
SLR Investment Corp
SLRC
$681M
$674K 0.37%
+42,500
New +$697K
CCAP icon
31
Crescent Capital BDC
CCAP
$391M
$357K 0.19%
+28,000
New +$350K
ICPT
32
DELISTED
Intercept Pharmaceuticals, Inc.
ICPT
$257K 0.14%
+6,200
New +$285K
LYV icon
33
PUT
Live Nation Entertainment
LYV
$42.1B
$2K ﹤0.01%
11,000
– –
BYD icon
34
CALL
Boyd Gaming
BYD
$5.78B
– –
-79,500
Closed -$107K
DIS icon
35
CALL
Walt Disney
DIS
$184B
– –
-52,700
Closed -$146K
GS icon
36
CALL
Goldman Sachs
GS
$303B
– –
-29,000
Closed -$422K
HCA icon
37
CALL
HCA Healthcare
HCA
$90.8B
– –
-16,000
Closed -$67K
HCA icon
38
HCA Healthcare
HCA
$90.8B
– –
-4,600
Closed -$446K
JPM icon
39
CALL
JPMorgan Chase
JPM
$942B
– –
-43,900
Closed -$191K
OI icon
40
CALL
O-I Glass
OI
$1.11B
– –
-214,500
Closed -$231K
PLNT icon
41
PUT
Planet Fitness
PLNT
$3.91B
– –
-60,000
Closed -$185K
SGRY icon
42
Surgery Partners
SGRY
$1.82B
– –
-100,692
Closed -$1.17M
SYY icon
43
CALL
Sysco
SYY
$39.5B
– –
-27,000
Closed -$123K
SIX
44
CALL
DELISTED
Six Flags Entertainment Corp.
SIX
– –
-107,000
Closed -$83K
EGLE
45
CALL
DELISTED
Eagle Bulk Shipping Inc.
EGLE
– –
-50,000
Closed -$9K
1
2

Similar funds

ACM
Athyrium Capital Management New York $8.69M AUM 34.58% 1-Year Est. Return
DA
DSC Advisors Chicago, Illinois $11M AUM 5.88% 1-Year Est. Return
RJTCONH
Raymond James Trust Company of New Hampshire Portsmouth, New Hampshire $12.1M AUM 28.84% 1-Year Est. Return
RVM
RiverVest Venture Management St. Louis, Missouri $6.84M AUM 7.71% 1-Year Est. Return
HSC
Harbor Spring Capital New York $12.3M AUM
JDR
Jay D. Rosenbaum $6.69M AUM 4.68% 1-Year Est. Return
KIM
Kaizen Investment Management Singapore $6.23M AUM
AG
Arctis Global San Juan, Puerto Rico $14.5M AUM 58.16% 1-Year Est. Return

Birch Grove Capital's Q3 2020 Portfolio in Review

As of Q3 2020, Birch Grove Capital held 58 positions worth $185M, up 53% from $121M the previous quarter. Its ten largest holdings account for 61% of the portfolio.

Birch Grove Capital withdrew a net $26.8M in Q3 2020, closing 12 positions and reducing 2 holdings. Its most notable exit was Surgery Partners, an estimated $1.17M position sold in full.

By sector, the portfolio is most concentrated in Miscellaneous at 71% of assets, down from 83% a quarter earlier, followed by Financials and Consumer Discretionary.

Against the trend, Birch Grove Capital opened a new position in Brink's worth $3.64M.

  • Birch Grove Capital's largest Q3 2020 buy was Brink's: 94,923 shares worth $3.64M.
  • Birch Grove Capital added most to JPMorgan Chase in Q3 2020, an estimated $2.75M increase.
  • Birch Grove Capital's biggest Q3 2020 reduction was Boyd Gaming, cutting an estimated $640K.
  • Birch Grove Capital fully exited Surgery Partners in Q3 2020, selling an estimated $1.17M.
  • Birch Grove Capital's ten largest holdings make up 61% of its $185M portfolio in Q3 2020.
  • Birch Grove Capital opened 11 new positions and closed 12 in Q3 2020.
  • Birch Grove Capital's portfolio value rose 53% quarter-over-quarter to $185M.

Based on Birch Grove Capital's 13F filing for Q3 2020, filed 16 Nov 2020.