We are live on
!
Find out more
CU
CQS (US) Portfolio holdings
AUM
$367M
1-Year Est. Return
8.85%
This Fund
S&P 500
This Quarter
Est. Return
-7.19%
1 Year Est. Return
+8.85%
3 Year Est. Return
+15.03%
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$1.36B
AUM Growth
-$781M
(-37%)
Cap. Flow
-$1.3B
Cap. Flow
% of AUM
-96.02%
Top 10 Holdings %
Top 10 Hldgs %
32.37%
Holding
171
New
18
Increased
21
Reduced
30
Closed
57
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Johnson & Johnson
JNJ
|
+$23M |
| 2 |
Merck
MRK
|
+$23M |
| 3 |
Kimberly-Clark
KMB
|
+$18.2M |
| 4 |
AbbVie
ABBV
|
+$17.5M |
| 5 |
BHP
BHP
|
+$12.9M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
DISCK
Discovery, Inc. Series C Common Stock
DISCK
|
+$117M |
| 2 |
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
|
+$62.4M |
| 3 |
Alphabet (Google) Class A
GOOGL
|
+$56.7M |
| 4 |
Liberty Global Class C
LBTYK
|
+$29.8M |
| 5 |
Fox Class B
FOX
|
+$26.9M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 6.89% |
| 2 | Communication Services | 3.79% |
| 3 | Technology | 2.34% |
| 4 | Consumer Staples | 2.11% |
| 5 | Financials | 2.03% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
PUT
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$16.3B
| $69.4M | 5.11% |
+900,000
| New | +$76M |
|
2
CALL
State Street SPDR S&P 500 ETF Trust
SPY
$778B
| $45.1M | 3.32% |
+175,000
| New | +$53.4M |
|
3
CALL
iShares Russell 2000 ETF
IWM
$80.9B
| $29.8M | 2.19% |
+260,000
| New | +$38.8M |
|
|
4
PUT
State Street SPDR S&P 500 ETF Trust
SPY
$778B
| $25.8M | 1.9% |
+100,000
| New | +$30.5M |
|
|
5
Liberty Global Class C
LBTYK
$3.27B
| $22.6M | 1.67% |
1,439,058
-1,588,677
| -52% | -$29.8M |
|
|
6
Merck
MRK
$324B
| $21.5M | 1.58% |
+292,182
| New | +$23M |
|
|
7
Johnson & Johnson
JNJ
$635B
| $21.3M | 1.57% |
+162,400
| New | +$23M |
|
|
LSXMA
8
DELISTED
Liberty Media Corporation Series A Liberty SiriusXM Common Stock
LSXMA
| $18.4M | 1.36% |
803,669
+67,181
| +9% | +$2.12M |
|
|
9
Kimberly-Clark
KMB
$36.4B
| $16.9M | 1.24% |
+131,840
| New | +$18.2M |
|
10
Ryanair
RYAAY
$29.5B
| $15.7M | 1.16% |
715,455
+218,525
| +44% | +$6.89M |
|
|
11
AbbVie
ABBV
$458B
| $15.6M | 1.15% |
+205,120
| New | +$17.5M |
|
|
DISCK
12
DELISTED
Discovery, Inc. Series C Common Stock
DISCK
| $14.9M | 1.1% |
847,780
-4,527,190
| -84% | -$117M |
|
|
13
Alphabet (Google) Class A
GOOGL
$3.91T
| $10.9M | 0.8% |
187,640
-837,400
| -82% | -$56.7M |
|
|
14
BHP
BHP
$213B
| $10.5M | 0.77% |
+309,468
| New | +$12.9M |
|
|
ANSS
15
DELISTED
Ansys
ANSS
| $10M | 0.74% |
43,158
+14,260
| +49% | +$3.68M |
|
16
Abbott
ABT
$180B
| $9.27M | 0.68% |
117,500
-3,589
| -3% | -$299K |
|
17
Idexx Laboratories
IDXX
$42.9B
| $9.2M | 0.68% |
37,976
+12,063
| +47% | +$3.15M |
|
|
LSXMK
18
DELISTED
Liberty Media Corporation Series C Liberty SiriusXM Common Stock
LSXMK
| $9.01M | 0.66% |
374,223
+110,050
| +42% | +$3.69M |
|
|
BBL
19
DELISTED
BHP Group Plc American Depositary Shares (Each representing two Ordinary Shares)
BBL
| $8.8M | 0.65% |
287,064
+149,072
| +108% | +$5.87M |
|
20
Nike
NKE
$61.9B
| $8.33M | 0.61% |
100,626
-2,184
| -2% | -$203K |
|
21
CME Group
CME
$92.2B
| $7.44M | 0.55% |
43,018
+6,057
| +16% | +$1.21M |
|
22
Liberty Media Series A
FWONA
$22.3B
| $7.44M | 0.55% |
300,791
-245,558
| -45% | -$8.85M |
|
23
Xylem
XYL
$28.5B
| $7.34M | 0.54% |
112,772
-15,545
| -12% | -$1.22M |
|
24
Moody's
MCO
$81.7B
| $7.21M | 0.53% |
34,067
+7,039
| +26% | +$1.71M |
|
25
Automatic Data Processing
ADP
$100B
| $7.05M | 0.52% |
51,559
+5,438
| +12% | +$876K |
|
Similar funds
CCMLC
LWMG
GH
VFPI
RMC
KS
OH
GFWEX
CQS (US)'s Q1 2020 Portfolio in Review
As of Q1 2020, CQS (US) held 171 positions worth $1.36B, down 37% from $2.14B the previous quarter. Its ten largest holdings account for 32% of the portfolio.
CQS (US) withdrew a net $1.3B in Q1 2020, closing 57 positions and reducing 30 holdings. Its most notable exit was iShares iBoxx $ High Yield Corporate Bond ETF, an estimated $62.4M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 6.9% of assets, up from 2.1% a quarter earlier, followed by Communication Services and Technology.
Against the trend, CQS (US) opened a new position in Johnson & Johnson worth $21.3M.
- CQS (US)'s largest Q1 2020 buy was Johnson & Johnson: 162,400 shares worth $21.3M.
- CQS (US) added most to Ryanair in Q1 2020, an estimated $6.89M increase.
- CQS (US)'s biggest Q1 2020 reduction was Discovery, Inc. Series C Common Stock, cutting an estimated $117M.
- CQS (US) fully exited iShares iBoxx $ High Yield Corporate Bond ETF in Q1 2020, selling an estimated $62.4M.
- CQS (US)'s ten largest holdings make up 32% of its $1.36B portfolio in Q1 2020.
- CQS (US) opened 18 new positions and closed 57 in Q1 2020.
- CQS (US)'s portfolio value fell 37% quarter-over-quarter to $1.36B.
Based on CQS (US)'s 13F filing for Q1 2020, filed 7 May 2020.