Elequin Capital Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR Bloomberg Convertible Securities ETF
CWB
|
+$10M |
| 2 |
State Street SPDR Nuveen ICE Municipal Bond ETF
TFI
|
+$5.2M |
| 3 |
VanEck High Yield Muni ETF
HYD
|
+$4.99M |
| 4 |
ELAT
Elanco Animal Health Incorporated 5.00% Tangible Equity Units
ELAT
|
+$3.26M |
| 5 |
Sun Communities
SUI
|
+$3.13M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
SWT
Stanley Black & Decker, Inc.
SWT
|
+$41.1M |
| 2 |
SJIV
South Jersey Industries, Inc. Corporate Units
SJIV
|
+$29.4M |
| 3 |
DTP
DTE Energy Company 2019 Corporate Units
DTP
|
+$23M |
| 4 |
CVII
Churchill Capital Corp VII Class A Common Stock
CVII
|
+$2.14M |
| 5 |
AGCB
Altimeter Growth Corp 2
AGCB
|
+$2.13M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 12.23% |
| 2 | Real Estate | 9.6% |
| 3 | Healthcare | 2.33% |
| 4 | Technology | 2.24% |
| 5 | Consumer Discretionary | 0.44% |
Similar funds
Elequin Capital's Q4 2022 Portfolio in Review
As of Q4 2022, Elequin Capital held 966 positions worth $355M, up 33% from $267M the previous quarter. Its ten largest holdings account for 59% of the portfolio.
Elequin Capital withdrew a net $58.3M in Q4 2022, closing 347 positions and reducing 50 holdings. Its most notable exit was Stanley Black & Decker, Inc., an estimated $41.1M position sold in full.
By sector, the portfolio is most concentrated in Financials at 12% of assets, down from 14% a quarter earlier, followed by Real Estate and Healthcare.
Against the trend, Elequin Capital opened a new position in State Street SPDR Bloomberg Convertible Securities ETF worth $9.9M.
- Elequin Capital's largest Q4 2022 buy was State Street SPDR Bloomberg Convertible Securities ETF: 153,900 shares worth $9.9M.
- Elequin Capital added most to Elanco Animal Health Incorporated 5.00% Tangible Equity Units in Q4 2022, an estimated $3.26M increase.
- Elequin Capital's biggest Q4 2022 reduction was South Jersey Industries, Inc. Corporate Units, cutting an estimated $29.4M.
- Elequin Capital fully exited Stanley Black & Decker, Inc. in Q4 2022, selling an estimated $41.1M.
- Elequin Capital's ten largest holdings make up 59% of its $355M portfolio in Q4 2022.
- Elequin Capital opened 409 new positions and closed 347 in Q4 2022.
- Elequin Capital's portfolio value rose 33% quarter-over-quarter to $355M.
Based on Elequin Capital's 13F filing for Q4 2022, filed 9 Feb 2023.