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
-0.19%
1 Year Est. Return
+0.22%
3 Year Est. Return
-2.66%
5 Year Est. Return
+14%
10 Year Est. Return
–
AUM
$121M
AUM Growth
-$13.7M
Cap. Flow
-$66.6M
Cap. Flow %
-55.07%
Top 10 Hldgs %
95.15%
Holding
45
New
15
Increased
2
Reduced
1
Closed
15

Top Buys

Rank Stock Value
1
ELECU
Electrum Special Acquisition Corporation
ELECU
+$9.54M
2
NXRT
NexPoint Residential Trust
NXRT
+$2.38M
3
HCACW
Hennessy Capital Acquisition Corp. II
HCACW
+$64.4K
4
ELECW
Electrum Special Acquisition Corporation
ELECW
+$8.74K

Top Sells

Rank Stock Value
1
GLNG icon
Golar LNG
GLNG
+$10M
2
JACK icon
Jack in the Box
JACK
+$3.11M
3
UTIW
UTI WORLDWIDE INC
UTIW
+$1.22M
4
VTRS icon
Viatris
VTRS
+$729K
5
HIL
Hill International, Inc. Common Stock
HIL
+$369K

Sector Composition

Rank Sector Weight
1 Miscellaneous 91.14%
2 Financials 4.65%
3 Real Estate 2.13%
4 Industrials 1.22%
5 Consumer Discretionary 0.86%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
ELECU
1
DELISTED
Electrum Special Acquisition Corporation
ELECU
$9.46M 7.82%
+967,110
New +$9.54M
AAPC
2
DELISTED
Atlantic Alliance Partnership Corp
AAPC
$5.03M 4.16%
482,200
– –
NXRT
3
NexPoint Residential Trust
NXRT
$600M
$2.57M 2.13%
+196,639
New +$2.38M
HIL
4
DELISTED
Hill International, Inc. Common Stock
HIL
$1.48M 1.22%
439,088
-113,350
-21% -$369K
CALY
5
Callaway Golf Company
CALY
$2.76B
$1.04M 0.86%
113,880
– –
ARCC icon
6
Ares Capital
ARCC
$14.3B
$594K 0.49%
40,000
– –
AAP icon
7
CALL
Advance Auto Parts
AAP
$2.63B
$468K 0.39%
30,000
+15,000
+100% +$2.26M
HP icon
8
CALL
Helmerich & Payne
HP
$4.24B
$447K 0.37%
+78,500
New +$4.15M
TAP.A icon
9
CALL
Molson Coors Class A
TAP.A
$410K 0.34%
+46,800
New +$4.15M
SFL icon
10
PUT
SFL Corp
SFL
$1.64B
$268K 0.22%
+670,000
New +$9.01M
BHC icon
11
CALL
Bausch Health
BHC
$2.36B
$241K 0.2%
+20,000
New +$1.48M
RRC icon
12
PUT
Range Resources
RRC
$9.73B
$238K 0.2%
+250,000
New +$6.95M
GILD icon
13
CALL
Gilead Sciences
GILD
$185B
$221K 0.18%
+30,000
New +$2.71M
JOY
14
PUT
DELISTED
Joy Global Inc
JOY
$85K 0.07%
+500,000
New +$6.29M
FAST icon
15
PUT
Fastenal
FAST
$58.7B
$63K 0.05%
+920,000
New +$10M
HCACW
16
DELISTED
Hennessy Capital Acquisition Corp. II
HCACW
$61K 0.05%
+408,510
New +$64.4K
DE icon
17
PUT
Deere & Co
DE
$168B
$57K 0.05%
+85,000
New +$6.65M
BKD icon
18
CALL
Brookdale Senior Living
BKD
$2.89B
$56K 0.05%
57,400
– –
GAP
19
PUT
The Gap Inc
GAP
$7.48B
$46K 0.04%
+100,000
New +$2.63M
HCR
20
CALL
DELISTED
Hi-Crush Inc. Common Stock
HCR
$44K 0.04%
139,000
– –
ELECW
21
DELISTED
Electrum Special Acquisition Corporation
ELECW
$19K 0.02%
+48,303
New +$8.74K
RAD
22
CALL
DELISTED
Rite Aid Corporation
RAD
$17K 0.01%
4,460
– –
AIG icon
23
CALL
American International
AIG
$40.1B
$11K 0.01%
+300,000
New +$16.2M
CAG icon
24
CALL
Conagra Brands
CAG
$7.69B
– –
-59,881
Closed -$72K
GLNG icon
25
Golar LNG
GLNG
$5.26B
– –
-636,136
Closed -$10M
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 Q1 2016 Portfolio in Review

As of Q1 2016, Birch Grove Capital held 45 positions worth $121M, down 10% from $135M the previous quarter. Its ten largest holdings account for 95% of the portfolio.

Birch Grove Capital withdrew a net $66.6M in Q1 2016, closing 15 positions and reducing 1 holding. Its most notable exit was Golar LNG, an estimated $10M position sold in full.

By sector, the portfolio is most concentrated in Miscellaneous at 91% of assets, up from 83% a quarter earlier, followed by Financials and Real Estate.

Against the trend, Birch Grove Capital opened a new position in Electrum Special Acquisition Corporation worth $9.46M.

  • Birch Grove Capital's largest Q1 2016 buy was Electrum Special Acquisition Corporation: 967,110 shares worth $9.46M.
  • Birch Grove Capital's biggest Q1 2016 reduction was Hill International, Inc. Common Stock, cutting an estimated $369K.
  • Birch Grove Capital fully exited Golar LNG in Q1 2016, selling an estimated $10M.
  • Birch Grove Capital's ten largest holdings make up 95% of its $121M portfolio in Q1 2016.
  • Birch Grove Capital opened 15 new positions and closed 15 in Q1 2016.
  • Birch Grove Capital's portfolio value fell 10% quarter-over-quarter to $121M.

Based on Birch Grove Capital's 13F filing for Q1 2016, filed 16 May 2016.