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Elequin Capital Portfolio holdings
AUM
$1.19B
1-Year Est. Return
16.08%
This Fund
S&P 500
This Quarter
Est. Return
-8.01%
1 Year Est. Return
+16.08%
3 Year Est. Return
+46.25%
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$437M
AUM Growth
-$154M
(-26%)
Cap. Flow
-$278M
Cap. Flow
% of AUM
-63.62%
Top 10 Holdings %
Top 10 Hldgs %
85.63%
Holding
469
New
128
Increased
133
Reduced
148
Closed
42
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
AVGOP
Broadcom Inc. 8.00% Mandatory Convertible Preferred Stock, Series A
AVGOP
|
+$164M |
| 2 |
SJIV
South Jersey Industries, Inc. Corporate Units
SJIV
|
+$18.1M |
| 3 |
ASZ
Austerlitz Acquisition Corporation II
ASZ
|
+$2.3M |
| 4 |
AGCB
Altimeter Growth Corp 2
AGCB
|
+$2.21M |
| 5 |
CVII
Churchill Capital Corp VII Class A Common Stock
CVII
|
+$2.13M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
DHR.PRA
Danaher Corporation 4.75% Mandatory Convertible Preferred Stock, Series A
DHR.PRA
|
+$453M |
| 2 |
AVTR.PRA
Avantor, Inc. Series A Mandatory Convertible Preferred Stock
AVTR.PRA
|
+$25.4M |
| 3 |
WTRU
Essential Utilities, Inc.6.00% Tangible Equity Units
WTRU
|
+$3.22M |
| 4 |
Aptiv
APTV
|
+$1.04M |
| 5 |
Algonquin Power & Utilities
AQN
|
+$933K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 9.4% |
| 2 | Technology | 0.93% |
| 3 | Healthcare | 0.89% |
| 4 | Industrials | 0.67% |
| 5 | Communication Services | 0.35% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
HOUS
351
DELISTED
Anywhere Real Estate
HOUS
| $1K | ﹤0.01% |
110
-426
| -79% | -$5.02K |
|
|
INN
352
Summit Hotel Properties
INN
$749M
| $1K | ﹤0.01% |
111
-155
| -58% | -$1.36K |
|
353
Marathon Digital Holdings
MARA
$4.38B
| $1K | ﹤0.01% |
140
-285
| -67% | -$3.81K |
|
354
Magnite
MGNI
$2.72B
| $1K | ﹤0.01% |
86
-22
| -20% | -$236 |
|
|
CALY
355
Callaway Golf Company
CALY
$3.32B
| $1K | ﹤0.01% |
64
-52
| -45% | -$1.12K |
|
356
Natera
NTRA
$37.7B
| $1K | ﹤0.01% |
39
-4
| -9% | -$148 |
|
357
PagerDuty
PD
$797M
| $1K | ﹤0.01% |
27
-1
| -4% | -$27 |
|
|
PMT
358
PennyMac Mortgage Investment
PMT
$807M
| $1K | ﹤0.01% |
50
-16
| -24% | -$244 |
|
359
PTC Therapeutics
PTCT
$5.68B
| $1K | ﹤0.01% |
27
+6
| +29% | +$210 |
|
360
Peloton Interactive
PTON
$2.74B
| $1K | ﹤0.01% |
92
+45
| +96% | +$722 |
|
361
Transocean
RIG
$5.78B
| $1K | ﹤0.01% |
247
+4
| +2% | +$16 |
|
362
RingCentral
RNG
$4.58B
| $1K | ﹤0.01% |
25
-26
| -51% | -$1.97K |
|
363
RUM Group Inc
RUM
$1.63B
| $1K | ﹤0.01% |
+102
| New | +$1.11K |
|
364
Sunrun
RUN
$2.32B
| $1K | ﹤0.01% |
40
-13
| -25% | -$312 |
|
365
Sabre
SABR
$712M
| $1K | ﹤0.01% |
232
-65
| -22% | -$543 |
|
366
Supernus Pharmaceuticals
SUPN
$2.6B
| $1K | ﹤0.01% |
44
-16
| -27% | -$458 |
|
367
Tandem Diabetes Care
TNDM
$1.28B
| $1K | ﹤0.01% |
9
-15
| -63% | -$1.23K |
|
368
LendingTree
TREE
$452M
| $1K | ﹤0.01% |
25
+8
| +47% | +$593 |
|
|
TWO
369
Two Harbors Investment
TWO
$1.27B
| $1K | ﹤0.01% |
39
| – | – |
|
|
UNIT
370
Uniti Group
UNIT
$2.3B
| $1K | ﹤0.01% |
112
-13
| -10% | -$150 |
|
371
Upstart Holdings
UPST
$2.57B
| $1K | ﹤0.01% |
18
-72
| -80% | -$4.29K |
|
372
Visa
V
$678B
| $1K | ﹤0.01% |
3
| – | – |
|
|
VNET
373
VNET Group
VNET
$2.03B
| $1K | ﹤0.01% |
168
-10
| -6% | -$59 |
|
374
Vroom Inc
VRM
$38.4M
| $1K | ﹤0.01% |
5
| – | – |
|
375
Varonis Systems
VRNS
$4.58B
| $1K | ﹤0.01% |
44
-7
| -14% | -$260 |
|
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Elequin Capital's Q2 2022 Portfolio in Review
As of Q2 2022, Elequin Capital held 469 positions worth $437M, down 26% from $590M the previous quarter. Its ten largest holdings account for 86% of the portfolio.
Elequin Capital withdrew a net $278M in Q2 2022, closing 42 positions and reducing 148 holdings. Its most notable exit was Danaher Corporation 4.75% Mandatory Convertible Preferred Stock, Series A, an estimated $453M position sold in full.
By sector, the portfolio is most concentrated in Financials at 9.4% of assets, up from 0.03% a quarter earlier, followed by Technology and Healthcare.
Against the trend, Elequin Capital opened a new position in Austerlitz Acquisition Corporation II worth $2.29M.
- Elequin Capital's largest Q2 2022 buy was Austerlitz Acquisition Corporation II: 235,000 shares worth $2.29M.
- Elequin Capital added most to Broadcom Inc. 8.00% Mandatory Convertible Preferred Stock, Series A in Q2 2022, an estimated $164M increase.
- Elequin Capital's biggest Q2 2022 reduction was Aptiv, cutting an estimated $1.04M.
- Elequin Capital fully exited Danaher Corporation 4.75% Mandatory Convertible Preferred Stock, Series A in Q2 2022, selling an estimated $453M.
- Elequin Capital's ten largest holdings make up 86% of its $437M portfolio in Q2 2022.
- Elequin Capital opened 128 new positions and closed 42 in Q2 2022.
- Elequin Capital's portfolio value fell 26% quarter-over-quarter to $437M.
Based on Elequin Capital's 13F filing for Q2 2022, filed 11 Aug 2022.