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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 | |
|---|---|---|---|---|---|---|
151
Bridger Aerospace Warrant
BAERW
$13.2M
| $6.15K | ﹤0.01% |
47,317
| – | – |
|
152
Annaly Capital Management
NLY
$17.4B
| $5.72K | ﹤0.01% |
+300
| New | +$5.82K |
|
|
SIX
153
DELISTED
Six Flags Entertainment Corp.
SIX
| $5.67K | ﹤0.01% |
+171
| New | +$4.5K |
|
154
MSC Industrial Direct
MSM
$6.97B
| $5.23K | ﹤0.01% |
+66
| New | +$5.86K |
|
155
Amdocs
DOX
$5.83B
| $4.74K | ﹤0.01% |
+60
| New | +$4.93K |
|
156
SLB Ltd
SLB
$74.2B
| $4.72K | ﹤0.01% |
+100
| New | +$4.83K |
|
157
EPAM Systems
EPAM
$5.25B
| $4.7K | ﹤0.01% |
+25
| New | +$5.33K |
|
158
UDR
UDR
$12.7B
| $4.69K | ﹤0.01% |
+114
| New | +$4.39K |
|
159
Fidelity National Financial
FNF
$14.6B
| $4.6K | ﹤0.01% |
+93
| New | +$4.68K |
|
160
UnitedHealth
UNH
$389B
| $4.58K | ﹤0.01% |
+9
| New | +$4.41K |
|
161
Prudential Financial
PRU
$43B
| $4.57K | ﹤0.01% |
+39
| New | +$4.5K |
|
162
MetLife
MET
$62.7B
| $4.56K | ﹤0.01% |
+65
| New | +$4.64K |
|
163
Aflac
AFL
$65.9B
| $4.55K | ﹤0.01% |
+51
| New | +$4.38K |
|
164
TE Connectivity
TEL
$62.1B
| $4.51K | ﹤0.01% |
+30
| New | +$4.4K |
|
165
BHP
BHP
$213B
| $4.51K | ﹤0.01% |
+79
| New | +$4.59K |
|
166
LKQ Corp
LKQ
$6.77B
| $4.49K | ﹤0.01% |
+108
| New | +$4.83K |
|
167
AXIS Capital
AXS
$8.79B
| $4.45K | ﹤0.01% |
+63
| New | +$4.27K |
|
168
Realty Income
O
$61.3B
| $4.44K | ﹤0.01% |
+84
| New | +$4.49K |
|
169
American Airlines Group
AAL
$10.2B
| $4.43K | ﹤0.01% |
391
-691
| -64% | -$9.08K |
|
170
Amcor
AMCR
$21.6B
| $4.39K | ﹤0.01% |
+90
| New | +$4.37K |
|
171
News Corp Class A
NWSA
$15.3B
| $4.36K | ﹤0.01% |
+158
| New | +$4.08K |
|
172
Becton Dickinson
BDX
$45.8B
| $4.21K | ﹤0.01% |
+18
| New | +$4.24K |
|
173
Mettler-Toledo International
MTD
$28.1B
| $4.19K | ﹤0.01% |
+3
| New | +$4.1K |
|
174
Crown Holdings
CCK
$13.2B
| $4.02K | ﹤0.01% |
+54
| New | +$4.36K |
|
175
Liberty Live Group Series A
LLYVA
$9.15B
| $1.5K | ﹤0.01% |
40
| – | – |
|
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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.