We are live on
!
Find out more
CU
CQS (US) Portfolio holdings
AUM
$367M
Turnover
4.44%
1-Year Est. Return
8.85%
This Fund
S&P 500
This Quarter
Est. Return
+2.83%
1 Year Est. Return
+8.85%
3 Year Est. Return
+15.03%
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$1.8B
AUM Growth
+$198M
(+12%)
Cap. Flow
-$718M
Cap. Flow
% of AUM
-39.87%
Top 10 Holdings %
Top 10 Hldgs %
32.45%
Holding
149
New
13
Increased
19
Reduced
12
Closed
30
Avg Time Held Equity + Options
0.5
years
Top 10 Avg Time Held Equity + Options
0.2
years
Top 20 Avg Time Held Equity + Options
0.3
years
Avg Time Held Equity only
0.5
years
Top 10 Avg Time Held Equity only
0.3
years
Top 20 Avg Time Held Equity only
0.3
years
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Palo Alto Networks
PANW
|
+$17.7M |
| 2 |
VanEck Gold Miners ETF
GDX
|
+$15.6M |
| 3 |
Octave Specialty Group
OSG
|
+$14.3M |
| 4 |
NUAN
Nuance Communications, Inc.
NUAN
|
+$13.6M |
| 5 |
MXIM
Maxim Integrated Products
MXIM
|
+$13M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
BHP
BHP
|
+$39.2M |
| 2 |
Otis Worldwide
OTIS
|
+$13.9M |
| 3 |
Simon Property Group
SPG
|
+$13.7M |
| 4 |
CME Group
CME
|
+$12.9M |
| 5 |
FLIR
FLIR Systems, Inc. (DE) Common Stock
FLIR
|
+$12.8M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 62.72% |
| 2 | Communication Services | 12.97% |
| 3 | Technology | 7.8% |
| 4 | Financials | 4.9% |
| 5 | Healthcare | 3.44% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1
PUT
ARK Innovation ETF
ARKK
$8.79B
| $94.8M | 5.27% |
725,000
-28,000
| -4% | -$3.26M |
2021 Q1
1 quarter
|
|
2
PUT
VanEck Semiconductor ETF
SMH
$68.8B
| $64.2M | 3.57% |
+490,000
| New | +$60.5M |
2021 Q2
0 quarters
|
|
|
DISCK
3
DELISTED
Discovery, Inc. Series C Common Stock
DISCK
| $44.2M | 2.46% |
1,525,838
-52,897
| -3% | -$1.64M |
2019 Q4
6 quarters
|
|
4
Fox Class B
FOX
$23.5B
| $43.8M | 2.43% |
1,243,022
-150,041
| -11% | -$5.43M |
2021 Q1
1 quarter
|
|
5
Citigroup
C
$205B
| $40.1M | 2.23% |
566,958
+96,600
| +21% | +$7.15M |
2021 Q1
1 quarter
|
|
6
Liberty Global Class A
LBTYA
$2.79B
| $36.9M | 2.05% |
1,357,649
+288,507
| +27% | +$7.78M |
2020 Q2
4 quarters
|
|
7
Under Armour Class C
UA
$2B
| $36.7M | 2.04% |
1,975,341
-542,817
| -22% | -$10.2M |
2020 Q3
3 quarters
|
|
|
ALXN
8
DELISTED
Alexion Pharmaceuticals
ALXN
| $35.4M | 1.97% |
192,722
+40,997
| +27% | +$7.04M |
2020 Q4
2 quarters
|
|
|
WORK
9
DELISTED
Slack Technologies, Inc.
WORK
| $35.2M | 1.96% |
795,150
+217,863
| +38% | +$9.32M |
2020 Q4
2 quarters
|
|
|
MXIM
10
DELISTED
Maxim Integrated Products
MXIM
| $32.3M | 1.8% |
306,737
+132,986
| +77% | +$13M |
2020 Q4
2 quarters
|
|
|
11
Octave Specialty Group
OSG
$212M
| $29.6M | 1.64% |
1,890,000
+890,000
| +89% | +$14.3M |
2019 Q4
6 quarters
|
|
12
News Corp Class B
NWS
$17.5B
| $28.1M | 1.56% |
1,156,007
+100,022
| +9% | +$2.47M |
2021 Q1
1 quarter
|
|
13
DELISTED
Liberty Media Corporation Series C Liberty SiriusXM Common Stock
LSXMK
| $27.9M | 1.55% |
775,278
+243,702
| +46% | +$8.4M |
2019 Q4
6 quarters
|
|
|
XLNX
14
DELISTED
Xilinx Inc
XLNX
| $26.9M | 1.49% |
185,984
+69,378
| +59% | +$8.82M |
2020 Q4
2 quarters
|
|
|
15
Palo Alto Networks
PANW
$307B
| $18.4M | 1.02% |
+298,200
| New | +$17.7M |
2021 Q2
0 quarters
|
|
|
LGF.B
16
DELISTED
Lions Gate Entertainment Corp. Class B Non-Voting Shares
LGF.B
| $18.2M | 1.01% |
993,647
+269,111
| +37% | +$4.12M |
2020 Q3
3 quarters
|
|
17
Willis Towers Watson
WTW
$27.6B
| $17.1M | 0.95% |
74,134
-31,704
| -30% | -$7.88M |
2020 Q4
2 quarters
|
|
18
Liberty Media Corporation Series A Common Stock
FWONA
$20.8B
| $16.6M | 0.92% |
406,323
+12,786
| +3% | +$495K |
2020 Q3
3 quarters
|
|
|
19
VanEck Gold Miners ETF
GDX
$25B
| $14.5M | 0.81% |
+426,717
| New | +$15.6M |
2021 Q2
0 quarters
|
|
|
NUAN
20
DELISTED
Nuance Communications, Inc.
NUAN
| $14M | 0.78% |
+257,413
| New | +$13.6M |
2021 Q2
0 quarters
|
|
21
DELISTED
Liberty Broadband Class C
LBRDK
| $13.8M | 0.77% |
79,317
+9,960
| +14% | +$1.6M |
2020 Q4
2 quarters
|
|
|
PPD
22
DELISTED
PPD, Inc. Common Stock
PPD
| $12.7M | 0.71% |
+276,280
| New | +$12.5M |
2021 Q2
0 quarters
|
|
23
Central Garden & Pet Co Class A
CENTA
$2.23B
| $11.3M | 0.63% |
292,909
+27,750
| +10% | +$1.14M |
2020 Q3
3 quarters
|
|
24
Darden Restaurants
DRI
$23.6B
| $10.7M | 0.59% |
73,200
+23,000
| +46% | +$3.24M |
2021 Q1
1 quarter
|
|
|
25
Simon Property Group
SPG
$64.3B
| $10.4M | 0.58% |
80,000
-110,500
| -58% | -$13.7M |
2021 Q1
1 quarter
|
|
Similar funds
CCMLC
LWMG
GH
VFPI
RMC
KS
OH
GFWEX
CQS (US)'s Q2 2021 Portfolio in Review
As of Q2 2021, CQS (US) held 149 positions worth $1.8B, up 12% from $1.6B the previous quarter. Its ten largest holdings account for 32% of the portfolio.
CQS (US) withdrew a net $718M in Q2 2021, closing 30 positions and reducing 12 holdings. Its most notable exit was Otis Worldwide, an estimated $13.9M position sold in full.
By sector, the portfolio is most concentrated in Miscellaneous at 63% of assets, up from 50% a quarter earlier, followed by Communication Services and Technology.
Against the trend, CQS (US) opened a new position in Palo Alto Networks worth $18.4M.
- CQS (US)'s largest Q2 2021 buy was Palo Alto Networks: 298,200 shares worth $18.4M.
- CQS (US) added most to Octave Specialty Group in Q2 2021, an estimated $14.3M increase.
- CQS (US)'s biggest Q2 2021 reduction was BHP, cutting an estimated $39.2M.
- CQS (US) fully exited Otis Worldwide in Q2 2021, selling an estimated $13.9M.
- CQS (US)'s ten largest holdings make up 32% of its $1.8B portfolio in Q2 2021.
- CQS (US) opened 13 new positions and closed 30 in Q2 2021.
- CQS (US)'s portfolio value rose 12% quarter-over-quarter to $1.8B.
Based on CQS (US)'s 13F filing for Q2 2021, filed 10 Aug 2021.