We are live on ! Find out more
EC

Elequin Capital Portfolio holdings

AUM $1.19B
1-Year Est. Return 16.08%
This Fund
S&P 500
This Quarter Est. Return
+0.48%
1 Year Est. Return
+16.08%
3 Year Est. Return
+46.25%
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$142M
AUM Growth
-$213M
Cap. Flow
-$159M
Cap. Flow %
-111.77%
Top 10 Hldgs %
78.16%
Holding
701
New
82
Increased
14
Reduced
117
Closed
394

Top Buys

Rank Stock Value
1
DHR.PRB
Danaher Corporation 5.00% Mandatory Convertible Preferred Stock, Series B
DHR.PRB
+$6.49M
2
PGX icon
Invesco Preferred ETF
PGX
+$2.66M
3
FLR icon
Fluor
FLR
+$1.48M
4
ICVT icon
iShares Convertible Bond ETF
ICVT
+$1.35M
5
PCG icon
PG&E
PCG
+$1.08M

Top Sells

Rank Stock Value
1
SJIV
South Jersey Industries, Inc. Corporate Units
SJIV
+$27.4M
2
CWB icon
State Street SPDR Bloomberg Convertible Securities ETF
CWB
+$9.9M
3
ELAT
Elanco Animal Health Incorporated 5.00% Tangible Equity Units
ELAT
+$7.86M
4
TFI icon
State Street SPDR Nuveen ICE Municipal Bond ETF
TFI
+$5.28M
5
HYD icon
VanEck High Yield Muni ETF
HYD
+$4.99M

Sector Composition

Rank Sector Weight
1 Financials 7.27%
2 Utilities 1.5%
3 Healthcare 1.48%
4 Industrials 1.06%
5 Technology 0.74%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
BBN icon
326
BlackRock Taxable Municipal Bond Trust
BBN
$978M
– –
-34,951
Closed -$589K
BDN
327
Brandywine Realty Trust
BDN
$541M
– –
-79,735
Closed -$490K
BHK icon
328
BlackRock Core Bond Trust
BHK
$649M
– –
-7,781
Closed -$80.8K
BIT icon
329
BlackRock Multi-Sector Income Trust
BIT
$698M
– –
-9,300
Closed -$132K
BITO icon
330
ProShares Bitcoin Strategy ETF
BITO
$1.42B
– –
-56,964
Closed -$594K
BNY
331
Bank of New York Mellon
BNY
$106B
– –
-478
Closed -$21.8K
BKNG icon
332
Booking.com
BKNG
$149B
– –
-200
Closed -$16.1K
BKT icon
333
BlackRock Income Trust
BKT
$334M
– –
-4,594
Closed -$56.7K
BLW icon
334
BlackRock Limited Duration Income Trust
BLW
$490M
– –
-2,131
Closed -$27.9K
BME icon
335
BlackRock Health Sciences Trust
BME
$562M
– –
-1,734
Closed -$75.6K
BNL icon
336
Broadstone Net Lease
BNL
$4.08B
– –
-48,830
Closed -$792K
BRW
337
Saba Capital Income & Opportunities Fund
BRW
$337M
– –
-22,379
Closed -$170K
BST icon
338
BlackRock Science and Technology Trust
BST
$1.65B
– –
-13,467
Closed -$382K
BSTZ icon
339
BlackRock Science and Technology Term Trust
BSTZ
$1.99B
– –
-137,807
Closed -$2.16M
BTO
340
John Hancock Financial Opportunities Fund
BTO
$808M
– –
-6,977
Closed -$232K
BTZ icon
341
BlackRock Credit Allocation Income Trust
BTZ
$933M
– –
-67,166
Closed -$678K
BTU icon
342
Peabody Energy
BTU
$2.65B
– –
-71
Closed -$1.88K
BUI icon
343
BlackRock Utilities, Infrastructure & Power Opportunities Trust
BUI
$726M
– –
-5,679
Closed -$118K
BURL icon
344
Burlington
BURL
$23.2B
– –
-83
Closed -$16.8K
BXP icon
345
Boston Properties
BXP
$11.2B
– –
-30,271
Closed -$2.05M
CARR icon
346
Carrier Global
CARR
$52.1B
– –
-904
Closed -$37.3K
CDT icon
347
CDT Equity Inc
CDT
$1.81M
– –
0
– -$683K
CFG icon
348
Citizens Financial Group
CFG
$30.7B
– –
-500
Closed -$19.7K
CG icon
349
Carlyle Group
CG
$17.6B
– –
-438
Closed -$13.1K
CHTR icon
350
Charter Communications
CHTR
$17.2B
– –
-121
Closed -$41K
12 13
14
15 16

Similar funds

MMFA
Main Management Fund Advisors San Francisco, California $1.19B AUM 26.24% 1-Year Est. Return
SCM
Sone Capital Management New York $1.19B AUM 14% 1-Year Est. Return
CCS
Concentric Capital Strategies Stamford, Connecticut $1.19B AUM 44.7% 1-Year Est. Return
KOC
Koss-Olinger Consulting Gainesville, Florida $1.19B AUM 15.91% 1-Year Est. Return
KA
KLCM Advisors Milwaukee, Wisconsin $1.19B AUM 34.45% 1-Year Est. Return
PAMJ
Parvus Asset Management Jersey St. Helier, Jersey $1.18B AUM 53.98% 1-Year Est. Return
CCM
Condor Capital Management Martinsville, New Jersey $1.2B AUM 13.18% 1-Year Est. Return
SC
Shay Capital New York $1.2B AUM 37.47% 1-Year Est. Return

Elequin Capital's Q1 2023 Portfolio in Review

As of Q1 2023, Elequin Capital held 701 positions worth $142M, down 60% from $355M the previous quarter. Its ten largest holdings account for 78% of the portfolio.

Elequin Capital withdrew a net $159M in Q1 2023, closing 394 positions and reducing 117 holdings. Its most notable exit was South Jersey Industries, Inc. Corporate Units, an estimated $27.4M position sold in full.

By sector, the portfolio is most concentrated in Financials at 7.3% of assets, down from 12% a quarter earlier, followed by Utilities and Healthcare.

Against the trend, Elequin Capital opened a new position in Danaher Corporation 5.00% Mandatory Convertible Preferred Stock, Series B worth $6.37M.

  • Elequin Capital's largest Q1 2023 buy was Danaher Corporation 5.00% Mandatory Convertible Preferred Stock, Series B: 5,000 shares worth $6.37M.
  • Elequin Capital added most to Vanguard Mortgage-Backed Securities ETF in Q1 2023, an estimated $893K increase.
  • Elequin Capital's biggest Q1 2023 reduction was BlackRock Health Sciences Trust II, cutting an estimated $1.44M.
  • Elequin Capital fully exited South Jersey Industries, Inc. Corporate Units in Q1 2023, selling an estimated $27.4M.
  • Elequin Capital's ten largest holdings make up 78% of its $142M portfolio in Q1 2023.
  • Elequin Capital opened 82 new positions and closed 394 in Q1 2023.
  • Elequin Capital's portfolio value fell 60% quarter-over-quarter to $142M.

Based on Elequin Capital's 13F filing for Q1 2023, filed 11 May 2023.