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
+1.25%
1 Year Est. Return
+8.85%
3 Year Est. Return
+15.03%
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$1.59B
AUM Growth
-$158M
Cap. Flow
-$1.01B
Cap. Flow %
-63.66%
Top 10 Hldgs %
34.69%
Holding
131
New
14
Increased
11
Reduced
13
Closed
22

Top Buys

Rank Stock Value
1
BHP icon
BHP
BHP
+$18.8M
2
FOX icon
Fox Class B
FOX
+$13.1M
3
ZG icon
Zillow
ZG
+$9.97M
4
NWSA icon
News Corp Class A
NWSA
+$9.63M
5
CERN
Cerner Corp
CERN
+$8.67M

Top Sells

Rank Stock Value
1
C icon
Citigroup
C
+$36.4M
2
WTW icon
Willis Towers Watson
WTW
+$27.2M
3
PPD
PPD, Inc. Common Stock
PPD
+$17.1M
4
NWS icon
News Corp Class B
NWS
+$13.2M
5
RYAAY icon
Ryanair
RYAAY
+$12.9M

Sector Composition

Rank Sector Weight
1 Miscellaneous 67.16%
2 Communication Services 16.11%
3 Materials 5.48%
4 Consumer Discretionary 2.25%
5 Technology 2.21%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
FOX icon
1
Fox Class B
FOX
$24.5B
$80.6M 5.06%
2,352,717
+358,640
+18% +$13.1M
BHP icon
2
BHP
BHP
$234B
$53.3M 3.35%
992,802
+376,585
+61% +$18.8M
LBTYA icon
3
Liberty Global Class A
LBTYA
$3.65B
$41.9M 2.63%
1,511,817
+130,167
+9% +$3.7M
LSXMK
4
DELISTED
Liberty Media Corporation Series C Liberty SiriusXM Common Stock
LSXMK
$30.7M 1.93%
778,348
+36,014
+5% +$1.4M
UA icon
5
Under Armour Class C
UA
$2.13B
$30.3M 1.91%
1,682,249
+79,491
+5% +$1.54M
OSG
6
Octave Specialty Group
OSG
$223M
$30.3M 1.91%
1,890,000
– –
GDX icon
7
VanEck Gold Miners ETF
GDX
$29.9B
$20M 1.26%
624,093
+195,000
+45% +$6.22M
LBRDK
8
DELISTED
Liberty Broadband Class C
LBRDK
$19.6M 1.23%
121,465
– –
LGF.B
9
DELISTED
Lions Gate Entertainment Corp. Class B Non-Voting Shares
LGF.B
$16.4M 1.03%
1,065,517
+77,193
+8% +$1.08M
PANW icon
10
Palo Alto Networks
PANW
$275B
$16M 1%
172,302
-101,748
-37% -$8.8M
DISCK
11
DELISTED
Discovery, Inc. Series C Common Stock
DISCK
$15.7M 0.98%
684,750
-168,262
-20% -$4.05M
FWONA icon
12
Liberty Media Series A
FWONA
$21.9B
$15.5M 0.97%
272,079
-63,279
-19% -$3.27M
NUAN
13
DELISTED
Nuance Communications, Inc.
NUAN
$15.2M 0.95%
274,305
-95,834
-26% -$5.29M
INFO
14
DELISTED
IHS Markit Ltd. Common Shares
INFO
$14.8M 0.93%
111,113
-27,776
-20% -$3.54M
CENTA icon
15
Central Garden & Pet Co Class A
CENTA
$2.21B
$13.7M 0.86%
356,883
-4,383
-1% -$162K
CWEN.A
16
DELISTED
Clearway Energy Class A
CWEN.A
$10.9M 0.69%
325,855
+72,976
+29% +$2.4M
ATC
17
DELISTED
Atotech Limited
ATC
$10.7M 0.68%
421,180
-148,264
-26% -$3.63M
URG
18
Ur-Energy
URG
$553M
$10.7M 0.67%
8,817,697
+810,000
+10% +$1.33M
CERN
19
DELISTED
Cerner Corp
CERN
$10.6M 0.66%
+113,889
New +$8.67M
ZG icon
20
Zillow
ZG
$7.43B
$10.2M 0.64%
163,904
+138,887
+555% +$9.97M
NWSA icon
21
News Corp Class A
NWSA
$16B
$9.4M 0.59%
+421,305
New +$9.63M
HEI icon
22
HEICO Corp
HEI
$44.2B
$9.3M 0.58%
64,522
-7,781
-11% -$1.1M
RDS.B
23
DELISTED
Royal Dutch Shell PLC ADS Class B
RDS.B
$7.24M 0.45%
+167,228
New +$7.54M
CMPS
24
Compass Pathways
CMPS
$1.94B
$5.95M 0.37%
+269,000
New +$8.56M
QQQ icon
25
Invesco QQQ Trust
QQQ
$490B
$5.35M 0.34%
13,451
-1,179
-8% -$455K
1
2 3

Similar funds

CCMLC
Cardinal Capital Management LLC (Connecticut) Greenwich, Connecticut $365M AUM 18.32% 1-Year Est. Return
LWMG
Levy Wealth Management Group Philadelphia, Pennsylvania $391M AUM 14.68% 1-Year Est. Return
GH
Geisinger Health Danville, Pennsylvania $344M AUM 4.22% 1-Year Est. Return
VFPI
Vantage Financial Partners (Illinois) Arlington Heights, Illinois $402M AUM 12.97% 1-Year Est. Return
RMC
Regis Management Company Menlo Park, California $331M AUM 14.13% 1-Year Est. Return
KS
Karpas Strategies Litchfield, Connecticut $319M AUM 14.42% 1-Year Est. Return
OH
Oikos Holdings New York $422M AUM 13.79% 1-Year Est. Return
GFWEX
G.F.W. Energy XI Dallas, Texas $282M AUM

CQS (US)'s Q4 2021 Portfolio in Review

As of Q4 2021, CQS (US) held 131 positions worth $1.59B, down 9% from $1.75B the previous quarter. Its ten largest holdings account for 35% of the portfolio.

CQS (US) withdrew a net $1.01B in Q4 2021, closing 22 positions and reducing 13 holdings. Its most notable exit was Citigroup, an estimated $36.4M position sold in full.

By sector, the portfolio is most concentrated in Miscellaneous at 67% of assets, up from 64% a quarter earlier, followed by Communication Services and Materials.

Against the trend, CQS (US) opened a new position in News Corp Class A worth $9.4M.

  • CQS (US)'s largest Q4 2021 buy was News Corp Class A: 421,305 shares worth $9.4M.
  • CQS (US) added most to BHP in Q4 2021, an estimated $18.8M increase.
  • CQS (US)'s biggest Q4 2021 reduction was Palo Alto Networks, cutting an estimated $8.8M.
  • CQS (US) fully exited Citigroup in Q4 2021, selling an estimated $36.4M.
  • CQS (US)'s ten largest holdings make up 35% of its $1.59B portfolio in Q4 2021.
  • CQS (US) opened 14 new positions and closed 22 in Q4 2021.
  • CQS (US)'s portfolio value fell 9% quarter-over-quarter to $1.59B.

Based on CQS (US)'s 13F filing for Q4 2021, filed 10 Feb 2022.