Brigade Capital Management Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invesco Senior Loan ETF
BKLN
|
+$8.5M |
| 2 |
Magnachip Semiconductor
MX
|
+$5.08M |
| 3 |
Valaris Ltd Warrants
VAL.WS
|
+$85.1K |
| 4 |
SandRidge Energy
SD
|
+$2.52K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Russell 2000 ETF
IWM
|
+$28M |
| 2 |
Noble Corp
NE
|
+$11.2M |
| 3 |
State Street SPDR S&P Retail ETF
XRT
|
+$6.27M |
| 4 |
VanEck Oil Services ETF
OIH
|
+$6.19M |
| 5 |
State Street SPDR S&P Homebuilders ETF
XHB
|
+$6.07M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Energy | 18.79% |
| 2 | Technology | 3.89% |
| 3 | Consumer Discretionary | 3.8% |
| 4 | Communication Services | 3.16% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
26
State Street SPDR S&P Homebuilders ETF
XHB
$1.56B
| – | – |
-110,800
| Closed | -$6.07M |
|
|
27
State Street SPDR S&P Retail ETF
XRT
$329M
| – | – |
-111,000
| Closed | -$6.27M |
|
Similar funds
Brigade Capital Management's Q4 2022 Portfolio in Review
As of Q4 2022, Brigade Capital Management held 32 positions worth $356M, down 64% from $989M the previous quarter. Its ten largest holdings account for 91% of the portfolio.
Brigade Capital Management withdrew a net $722M in Q4 2022, closing 10 positions and reducing 6 holdings. Its most notable exit was iShares Russell 2000 ETF, an estimated $28M position sold in full.
By sector, the portfolio is most concentrated in Energy at 19% of assets, up from 6.2% a quarter earlier, followed by Technology and Consumer Discretionary.
Against the trend, Brigade Capital Management opened a new position in Invesco Senior Loan ETF worth $8.42M.
- Brigade Capital Management's largest Q4 2022 buy was Invesco Senior Loan ETF: 410,000 shares worth $8.42M.
- Brigade Capital Management added most to Magnachip Semiconductor in Q4 2022, an estimated $5.08M increase.
- Brigade Capital Management's biggest Q4 2022 reduction was Noble Corp, cutting an estimated $11.2M.
- Brigade Capital Management fully exited iShares Russell 2000 ETF in Q4 2022, selling an estimated $28M.
- Brigade Capital Management's ten largest holdings make up 91% of its $356M portfolio in Q4 2022.
- Brigade Capital Management opened 2 new positions and closed 10 in Q4 2022.
- Brigade Capital Management's portfolio value fell 64% quarter-over-quarter to $356M.
Based on Brigade Capital Management's 13F filing for Q4 2022, filed 14 Feb 2023.