Bluefin Capital Management Portfolio holdings

Bluefin Capital Management's Q4 2018 Portfolio in Review

As of Q4 2018, Bluefin Capital Management held 653 positions worth $986M, down 8.5% from $1.08B the previous quarter. Its ten largest holdings account for 56% of the portfolio.

Bluefin Capital Management deployed $308M of net new capital in Q4 2018, opening 148 new positions and adding to 105 existing holdings. Its largest new stake was State Street SPDR Bloomberg High Yield Bond ETF: 990,255 shares worth $99.8M.

By sector, the portfolio is most concentrated in Healthcare at 21% of assets, up from 1.5% a quarter earlier, followed by Financials and Technology.

On the sell side, the largest reduction was State Street SPDR Bloomberg Convertible Securities ETF, an estimated $20.6M trimmed.

• Bluefin Capital Management's largest Q4 2018 buy was State Street SPDR Bloomberg High Yield Bond ETF: 990,255 shares worth $99.8M.
• Bluefin Capital Management added most to Shire pic in Q4 2018, an estimated $151M increase.
• Bluefin Capital Management's biggest Q4 2018 reduction was State Street SPDR Bloomberg Convertible Securities ETF, cutting an estimated $20.6M.
• Bluefin Capital Management fully exited iShares iBoxx $ High Yield Corporate Bond ETF in Q4 2018, selling an estimated $61.9M.
• Bluefin Capital Management's ten largest holdings make up 56% of its $986M portfolio in Q4 2018.
• Bluefin Capital Management opened 148 new positions and closed 244 in Q4 2018.
• Bluefin Capital Management's portfolio value fell 8.5% quarter-over-quarter to $986M.

Based on Bluefin Capital Management's 13F filing for Q4 2018, filed 15 Feb 2019.