Elequin Capital Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
IIVI
Coherent Corp. 6.00% Series A Mandatory Convertible Preferred Stock
IIVI
|
+$11M |
| 2 |
State Street SPDR Bloomberg Convertible Securities ETF
CWB
|
+$7.63M |
| 3 |
CLVT.PRA
Clarivate Plc 5.25% Series A Mandatory Convertible Preferred Shares
CLVT.PRA
|
+$7.54M |
| 4 |
Rexford Industrial Realty
REXR
|
+$3.84M |
| 5 |
Broadstone Net Lease
BNL
|
+$3.39M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
DHR.PRB
Danaher Corporation 5.00% Mandatory Convertible Preferred Stock, Series B
DHR.PRB
|
+$6.37M |
| 2 |
Invesco Preferred ETF
PGX
|
+$2.54M |
| 3 |
CIIG
CIIG Capital Partners II, Inc. Class A Common Stock
CIIG
|
+$1.74M |
| 4 |
iShares Convertible Bond ETF
ICVT
|
+$1.35M |
| 5 |
Fluor
FLR
|
+$1.33M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Real Estate | 17.39% |
| 2 | Financials | 7.05% |
| 3 | Healthcare | 1.13% |
| 4 | Technology | 0.66% |
| 5 | Consumer Discretionary | 0.3% |
Similar funds
Elequin Capital's Q2 2023 Portfolio in Review
As of Q2 2023, Elequin Capital held 688 positions worth $196M, up 38% from $142M the previous quarter. Its ten largest holdings account for 68% of the portfolio.
Elequin Capital withdrew a net $20.6M in Q2 2023, closing 155 positions and reducing 38 holdings. Its most notable exit was Danaher Corporation 5.00% Mandatory Convertible Preferred Stock, Series B, an estimated $6.37M position sold in full.
By sector, the portfolio is most concentrated in Real Estate at 17% of assets, up from 0% a quarter earlier, followed by Financials and Healthcare.
Against the trend, Elequin Capital opened a new position in Coherent Corp. 6.00% Series A Mandatory Convertible Preferred Stock worth $14.5M.
- Elequin Capital's largest Q2 2023 buy was Coherent Corp. 6.00% Series A Mandatory Convertible Preferred Stock: 63,711 shares worth $14.5M.
- Elequin Capital added most to Liberty All-Star Equity Fund in Q2 2023, an estimated $316K increase.
- Elequin Capital's biggest Q2 2023 reduction was iShares Silver Trust, cutting an estimated $798K.
- Elequin Capital fully exited Danaher Corporation 5.00% Mandatory Convertible Preferred Stock, Series B in Q2 2023, selling an estimated $6.37M.
- Elequin Capital's ten largest holdings make up 68% of its $196M portfolio in Q2 2023.
- Elequin Capital opened 375 new positions and closed 155 in Q2 2023.
- Elequin Capital's portfolio value rose 38% quarter-over-quarter to $196M.
Based on Elequin Capital's 13F filing for Q2 2023, filed 14 Aug 2023.