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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 | |
|---|---|---|---|---|---|---|
51
Camtek
CAMT
$6.53B
| $20.5K | 0.01% |
+164
| New | +$15.7K |
|
52
Caesars Entertainment
CZR
$6.1B
| $19.9K | 0.01% |
+500
| New | +$18.8K |
|
53
Fair Isaac
FICO
$31B
| $19.4K | 0.01% |
+13
| New | +$16.8K |
|
54
Amgen
AMGN
$212B
| $19.1K | 0.01% |
+61
| New | +$17.9K |
|
55
Humana
HUM
$46.7B
| $19.1K | 0.01% |
+51
| New | +$17.2K |
|
56
Hilton Worldwide
HLT
$73.4B
| $19K | 0.01% |
+87
| New | +$17.9K |
|
57
Carpenter Technology
CRS
$27.8B
| $19K | 0.01% |
+173
| New | +$16.6K |
|
58
SolarEdge
SEDG
$2.44B
| $18.9K | 0.01% |
750
+745
| +14,900% | +$38.7K |
|
59
TSMC
TSM
$2.03T
| $18.9K | 0.01% |
+109
| New | +$16.5K |
|
60
Iron Mountain
IRM
$37.4B
| $18.9K | 0.01% |
+211
| New | +$17.1K |
|
61
MakeMyTrip
MMYT
$5.1B
| $18.8K | 0.01% |
+224
| New | +$16.7K |
|
62
Uber
UBER
$144B
| $18.8K | 0.01% |
+259
| New | +$18K |
|
63
Glaukos
GKOS
$8.89B
| $18.8K | 0.01% |
+159
| New | +$16.9K |
|
64
Tyson Foods
TSN
$21.5B
| $18.7K | 0.01% |
+328
| New | +$19.2K |
|
65
Alphabet (Google) Class C
GOOG
$4.07T
| $18.7K | 0.01% |
+102
| New | +$17.4K |
|
66
Macerich
MAC
$7.52B
| $18.7K | ﹤0.01% |
+1,208
| New | +$18.5K |
|
67
Prosperity Bancshares
PB
$8.82B
| $18.6K | ﹤0.01% |
+304
| New | +$18.7K |
|
68
Commerce Bancshares
CBSH
$8.64B
| $18.5K | ﹤0.01% |
+366
| New | +$18.1K |
|
69
Royal Caribbean
RCL
$86.5B
| $18.5K | ﹤0.01% |
+116
| New | +$16.7K |
|
70
Bunge Global
BG
$22.8B
| $18.5K | ﹤0.01% |
+173
| New | +$18.1K |
|
71
Power Integrations
POWI
$3.3B
| $18.5K | ﹤0.01% |
+263
| New | +$18.9K |
|
72
Citigroup
C
$222B
| $18.4K | ﹤0.01% |
+290
| New | +$17.9K |
|
73
Marriott International
MAR
$101B
| $18.4K | ﹤0.01% |
+76
| New | +$18.2K |
|
74
Caterpillar
CAT
$387B
| $18.3K | ﹤0.01% |
+55
| New | +$19.1K |
|
75
APA Corp
APA
$12.3B
| $18.3K | ﹤0.01% |
+622
| New | +$19.3K |
|
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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.