ES

Equitec Specialists Portfolio holdings

AUM $708K Turnover 98.64%
1-Year Est. Return 25.27%
This Fund
S&P 500
This Quarter Est. Return
-1.66%
1 Year Est. Return
+25.27%
3 Year Est. Return
+65.41%
5 Year Est. Return
+95.52%
10 Year Est. Return
–
AUM
$641M
AUM Growth
+$189M
Cap. Flow
-$93.1M
Cap. Flow %
-14.51%
Top 10 Hldgs %
80.52%
Holding
121
New
45
Increased
17
Reduced
20
Closed
16
Avg Time Held Equity + Options
0.5 years
Top 10 Avg Time Held Equity + Options
0.5 years
Top 20 Avg Time Held Equity + Options
0.8 years
Avg Time Held Equity only
0.5 years
Top 10 Avg Time Held Equity only
0.5 years
Top 20 Avg Time Held Equity only
0.7 years

Top Buys

Rank Stock Value
1
DCUC
Dominion Energy, Inc.
DCUC
+$39.5M
2
ARNC.PRB
Arconic Inc.
ARNC.PRB
+$11.6M
3
WELL.PRI icon
Welltower Inc.
WELL.PRI
+$8.4M
4
DYN.PRA icon
Dynegy Inc.
DYN.PRA
+$7.67M
5
BKHU
Black Hills Corporation
BKHU
+$6.91M

Top Sells

Rank Stock Value
1
RILY icon
BRC Group Holdings
RILY
+$30M
2
AMT.PRA icon
American Tower Corporation
AMT.PRA
+$11.6M
3
RPT.PRD icon
RPT Realty 7.25% Series D Cumulative Convertible Perpetual Preferred Shares of Beneficial Interest
RPT.PRD
+$4.25M
4
WPXP
WPX Energy, Inc.
WPXP
+$3.61M
5
TIME icon
Time Inc.
TIME
+$2.15M

Sector Composition

Rank Sector Weight
1 Miscellaneous 99.68%
2 Utilities 0.18%
3 Financials 0.04%
4 Technology 0.04%
5 Consumer Staples 0.03%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow Held Since
MNKD icon
76
PUT
MannKind Corp
MNKD
$971M
$20K ﹤0.01%
14,100
+3,400
+32% +$4.37K
2014 Q4
10 quarters
FTRPR
77
DELISTED
Frontier Communications Corporation 11.125% Series A Mandatory Convertible Preferred Stock
FTRPR
$20K ﹤0.01%
693
-44,670
-98% -$1.69M
2015 Q2
8 quarters
SLS icon
78
PUT
SELLAS Life Sciences
SLS
$2.4B
$13K ﹤0.01%
15
– –
2016 Q4
2 quarters
SGYP
79
DELISTED
Synergy Pharmaceuticals, Inc Common Stock
SGYP
$13K ﹤0.01%
+3,000
New +$12.4K
2017 Q2
0 quarters
SGYP
80
PUT
DELISTED
Synergy Pharmaceuticals, Inc Common Stock
SGYP
$13K ﹤0.01%
+3,000
New +$12.4K
2017 Q2
0 quarters
KND
81
PUT
DELISTED
Kindred Healthcare
KND
$12K ﹤0.01%
+1,000
New +$9.86K
2017 Q2
0 quarters
DYN icon
82
PUT
DELISTED
Dynegy, Inc.
DYN
$11K ﹤0.01%
+1,300
New +$9.85K
2017 Q2
0 quarters
WTFCW
83
DELISTED
Wintrust Financial Corporation
WTFCW
$11K ﹤0.01%
+200
New +$9.75K
2017 Q2
0 quarters
IONS icon
84
Ionis Pharmaceuticals
IONS
$7.1B
$8K ﹤0.01%
+158
New +$7.36K
2017 Q2
0 quarters
RYAM icon
85
PUT
Rayonier Advanced Materials
RYAM
$477M
$8K ﹤0.01%
+500
New +$7.14K
2017 Q2
0 quarters
EHC icon
86
Encompass Health
EHC
$12.5B
$2K ﹤0.01%
+52
New +$1.9K
2017 Q2
0 quarters
TACOW icon
87
DELISTED
Del Taco Restaurants, Inc. Warrants
TACOW
$2K ﹤0.01%
+636
New +$2.42K
2017 Q2
0 quarters
AMT icon
88
PUT
American Tower
AMT
$83.6B
– –
-44,100
Closed -$5.36M –
GM icon
89
General Motors
GM
$72.9B
– –
-20,866
Closed -$738K –
JPM icon
90
JPMorgan Chase
JPM
$890B
– –
-4,760
Closed -$418K –
RILY icon
91
BRC Group Holdings
RILY
$186M
– –
-2,000,000
Closed -$30M –
SPY icon
92
State Street SPDR S&P 500 ETF Trust
SPY
$813B
$0 ﹤0.01%
1
-1,299
-100% -$311K
2017 Q1
1 quarter
SPY icon
93
PUT
State Street SPDR S&P 500 ETF Trust
SPY
$813B
– –
-1,200
Closed -$283K –
TWI icon
94
PUT
Titan International
TWI
$433M
– –
-10,000
Closed -$103K –
MDR
95
CALL
DELISTED
McDermott International
MDR
– –
-3,833
Closed -$78K –
MDR
96
PUT
DELISTED
McDermott International
MDR
– –
-10,367
Closed -$210K –
ARRY icon
97
CALL
DELISTED
Array Biopharma Inc
ARRY
– –
-15,000
Closed -$134K –
AFSI
98
DELISTED
AmTrust Financial Services, Inc.
AFSI
– –
-12,118
Closed -$179K –
CMA.WS icon
99
DELISTED
Comerica Incorporated Ws
CMA.WS
– –
-26,051
Closed -$1.02M –
EVHC
100
PUT
DELISTED
Envision Healthcare Holdings Inc
EVHC
– –
-6,000
Closed -$368K –
1 2 3
4
5

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Equitec Specialists's Q2 2017 Portfolio in Review

As of Q2 2017, Equitec Specialists held 121 positions worth $641M, up 42% from $453M the previous quarter. Its ten largest holdings account for 81% of the portfolio.

Equitec Specialists withdrew a net $93.1M in Q2 2017, closing 16 positions and reducing 20 holdings. Its most notable exit was BRC Group Holdings, an estimated $30M position sold in full.

By sector, the portfolio is most concentrated in Miscellaneous at 100% of assets, up from 92% a quarter earlier, followed by Utilities and Financials.

Against the trend, Equitec Specialists opened a new position in Dominion Energy, Inc. worth $37.5M.

  • Equitec Specialists's largest Q2 2017 buy was Dominion Energy, Inc.: 783,948 shares worth $37.5M.
  • Equitec Specialists added most to Welltower Inc. in Q2 2017, an estimated $8.4M increase.
  • Equitec Specialists's biggest Q2 2017 reduction was RPT Realty 7.25% Series D Cumulative Convertible Perpetual Preferred Shares of Beneficial Interest, cutting an estimated $4.25M.
  • Equitec Specialists fully exited BRC Group Holdings in Q2 2017, selling an estimated $30M.
  • Equitec Specialists's ten largest holdings make up 81% of its $641M portfolio in Q2 2017.
  • Equitec Specialists opened 45 new positions and closed 16 in Q2 2017.
  • Equitec Specialists's portfolio value rose 42% quarter-over-quarter to $641M.

Based on Equitec Specialists's 13F filing for Q2 2017, filed 19 Jul 2017.