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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
-3.72%
1 Year Est. Return
+16.08%
3 Year Est. Return
+46.25%
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$378M
AUM Growth
-$143M
(-27%)
Cap. Flow
-$250M
Cap. Flow
% of AUM
-66.19%
Top 10 Holdings %
Top 10 Hldgs %
90.55%
Holding
392
New
151
Increased
10
Reduced
14
Closed
200
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR Bloomberg Convertible Securities ETF
CWB
|
+$13.6M |
| 2 |
Vanguard Tax-Exempt Bond Index Fund
VTEB
|
+$6.29M |
| 3 |
iShares Convertible Bond ETF
ICVT
|
+$5.27M |
| 4 |
VanEck High Yield Muni ETF
HYD
|
+$4.93M |
| 5 |
State Street SPDR Nuveen ICE Municipal Bond ETF
TFI
|
+$4.76M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
CLVT.PRA
Clarivate Plc 5.25% Series A Mandatory Convertible Preferred Shares
CLVT.PRA
|
+$23.8M |
| 2 |
Fidelity Wise Origin Bitcoin Fund
FBTC
|
+$22.7M |
| 3 |
Bitwise Bitcoin ETF
BITB
|
+$13.1M |
| 4 |
UGIC
UGI Corporation
UGIC
|
+$4.57M |
| 5 |
WisdomTree Bitcoin Fund
BTCW
|
+$4.44M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Staples | 0.57% |
| 2 | Consumer Discretionary | 0.18% |
| 3 | Real Estate | 0.14% |
| 4 | Technology | 0.08% |
| 5 | Financials | 0.08% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
Best Buy
BBY
$18.6B
| $59.1K | 0.02% |
+705
| New | +$56K |
|
27
State Street SPDR S&P 500 ETF Trust
SPY
$779B
| $56.6K | 0.02% |
328
-4,011
| -92% | -$2.1M |
|
28
Petrobras
PBR
$117B
| $39.1K | 0.01% |
+2,700
| New | +$42K |
|
29
TPG
TPG
$6.94B
| $36.5K | 0.01% |
+880
| New | +$37.6K |
|
30
State Street SPDR S&P Retail ETF
XRT
$446M
| $35.7K | 0.01% |
+476
| New | +$35.6K |
|
31
British American Tobacco
BTI
$131B
| $34K | 0.01% |
+1,100
| New | +$33.4K |
|
32
Kinross Gold
KGC
$28.3B
| $30.3K | 0.01% |
+3,644
| New | +$26.4K |
|
33
Sprouts Farmers Market
SFM
$7.22B
| $29.9K | 0.01% |
+357
| New | +$26K |
|
34
Targa Resources
TRGP
$58.1B
| $29K | 0.01% |
+225
| New | +$26.3K |
|
35
SPX Corp
SPXC
$10.8B
| $28.9K | 0.01% |
+203
| New | +$26.8K |
|
36
Brinker International
EAT
$8.4B
| $28.4K | 0.01% |
+392
| New | +$23.4K |
|
37
Williams Companies
WMB
$87.5B
| $28.1K | 0.01% |
+660
| New | +$26.5K |
|
38
Accenture
ACN
$94.7B
| $27.9K | 0.01% |
+92
| New | +$28.2K |
|
39
Oneok
OKE
$57.2B
| $27.9K | 0.01% |
+342
| New | +$27.3K |
|
40
Clorox
CLX
$11.7B
| $27.8K | 0.01% |
+204
| New | +$28.3K |
|
41
iShares Bitcoin Trust
IBIT
$47.9B
| $27.5K | 0.01% |
805
-3,470
| -81% | -$130K |
|
42
Costco
COST
$423B
| $27.2K | 0.01% |
+32
| New | +$25K |
|
43
Phillips 66
PSX
$82.4B
| $27.1K | 0.01% |
+192
| New | +$28.4K |
|
44
Tenet Healthcare
THC
$21.3B
| $26.9K | 0.01% |
+202
| New | +$24.3K |
|
45
Eaton
ETN
$151B
| $26.7K | 0.01% |
+85
| New | +$27.4K |
|
46
WEX
WEX
$6.11B
| $26.4K | 0.01% |
+149
| New | +$30.4K |
|
47
Capri Holdings
CPRI
$1.83B
| $26.3K | 0.01% |
+796
| New | +$28.8K |
|
48
KeyCorp
KEY
$24.2B
| $26.3K | 0.01% |
1,849
-3,400
| -65% | -$49.3K |
|
49
Boeing
BA
$167B
| $25.7K | 0.01% |
+141
| New | +$25.1K |
|
50
Capital Group Municipal Income ETF
CGMU
$6.4B
| $25.5K | 0.01% |
+948
| New | +$25.4K |
|
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Elequin Capital's Q2 2024 Portfolio in Review
As of Q2 2024, Elequin Capital held 392 positions worth $378M, down 27% from $521M the previous quarter. Its ten largest holdings account for 91% of the portfolio.
Elequin Capital withdrew a net $250M in Q2 2024, closing 200 positions and reducing 14 holdings. Its most notable exit was Clarivate Plc 5.25% Series A Mandatory Convertible Preferred Shares, an estimated $23.8M position sold in full.
By sector, the portfolio is most concentrated in Consumer Staples at 0.57% of assets, up from 0.48% a quarter earlier, followed by Consumer Discretionary and Real Estate.
Against the trend, Elequin Capital opened a new position in Vanguard Tax-Exempt Bond Index Fund worth $6.3M.
- Elequin Capital's largest Q2 2024 buy was Vanguard Tax-Exempt Bond Index Fund: 125,739 shares worth $6.3M.
- Elequin Capital added most to State Street SPDR Bloomberg Convertible Securities ETF in Q2 2024, an estimated $13.6M increase.
- Elequin Capital's biggest Q2 2024 reduction was Fidelity Wise Origin Bitcoin Fund, cutting an estimated $22.7M.
- Elequin Capital fully exited Clarivate Plc 5.25% Series A Mandatory Convertible Preferred Shares in Q2 2024, selling an estimated $23.8M.
- Elequin Capital's ten largest holdings make up 91% of its $378M portfolio in Q2 2024.
- Elequin Capital opened 151 new positions and closed 200 in Q2 2024.
- Elequin Capital's portfolio value fell 27% quarter-over-quarter to $378M.
Based on Elequin Capital's 13F filing for Q2 2024, filed 12 Aug 2024.