We are live on ! Find out more
ES

Equitec Specialists Portfolio holdings

AUM $708K
1-Year Est. Return 25.27%
This Fund
S&P 500
This Quarter Est. Return
-0.36%
1 Year Est. Return
+25.27%
3 Year Est. Return
+65.41%
5 Year Est. Return
+95.52%
10 Year Est. Return
–
AUM
$523M
AUM Growth
-$127M
Cap. Flow
-$279M
Cap. Flow %
-53.45%
Top 10 Hldgs %
70.42%
Holding
123
New
26
Increased
30
Reduced
21
Closed
20

Top Buys

Rank Stock Value
1
NEE.PRQ
NextEra Energy, Inc.
NEE.PRQ
+$64.2M
2
AGN.PRA
Allergan plc
AGN.PRA
+$52.6M
3
AMT.PRB
American Tower Corporation
AMT.PRB
+$16.2M
4
ANTX
Anthem, Inc.
ANTX
+$6.09M
5
RYAM.PRA
Rayonier Advanced Materials Inc. 8.00% Series A Mandatory Convertible Preferred Stock
RYAM.PRA
+$4.62M

Top Sells

Rank Stock Value
1
TMUSP
T-Mobile US, Inc.5.50% Mandatory Convertible Preferred Stock, Series A
TMUSP
+$145M
2
ARNC.PRB
Arconic Inc.
ARNC.PRB
+$64M
3
BKHU
Black Hills Corporation
BKHU
+$16.2M
4
WELL.PRI
Welltower Inc.
WELL.PRI
+$12.5M
5
CCI.PRA
Crown Castle International Corp. 6.875% Mandatory Convertible Preferred Stock, Series A
CCI.PRA
+$10.3M

Sector Composition

Rank Sector Weight
1 Industrials 0.65%
2 Energy 0.2%
3 Communication Services 0.09%
4 Technology 0.09%
5 Healthcare 0.05%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
DYNC
101
DELISTED
Vistra Energy Corp.
DYNC
– –
-48,023
Closed -$3.24M
KND
102
CALL
DELISTED
Kindred Healthcare
KND
– –
-48,500
Closed -$330K
KND
103
PUT
DELISTED
Kindred Healthcare
KND
– –
-6,000
Closed -$41K
TMUSP
104
DELISTED
T-Mobile US, Inc.5.50% Mandatory Convertible Preferred Stock, Series A
TMUSP
– –
-1,455,724
Closed -$145M
CFCOW
105
DELISTED
CF Corporation
CFCOW
– –
-12,000
Closed -$25K
DYN.PRA
106
DELISTED
Dynegy Inc.
DYN.PRA
– –
-239,737
Closed -$7.93M
ARNC.PRB
107
DELISTED
Arconic Inc.
ARNC.PRB
– –
-1,645,051
Closed -$64M
AHPAW
108
DELISTED
Avista Healthcare Public Acquisition Corp. Warrants
AHPAW
– –
-25,000
Closed -$10K
1 2 3 4
5

Similar funds

FFIM
Founders Fund II Management San Francisco, California $1.32M AUM
YECIP
YT Extraction Co Investment Partners New York $1.73M AUM
SA
Silversage Advisors Irvine, California $2.41M AUM 46.55% 1-Year Est. Return
FRGX
First Reserve GP XII Stamford, Connecticut $3.16M AUM 24.66% 1-Year Est. Return
KA
KSL Advisors Denver, Colorado $16.1M AUM
TG
TRV GP Boston, Massachusetts $18.9M AUM 541.67% 1-Year Est. Return
DHRFI
DCM Hybrid RMB Fund International Menlo Park, California $35.3M AUM
HCMT
Highland Capital Management (Texas) Dallas, Texas $39M AUM

Equitec Specialists's Q4 2017 Portfolio in Review

As of Q4 2017, Equitec Specialists held 123 positions worth $523M, down 20% from $650M the previous quarter. Its ten largest holdings account for 70% of the portfolio.

Equitec Specialists withdrew a net $279M in Q4 2017, closing 20 positions and reducing 21 holdings. Its most notable exit was T-Mobile US, Inc.5.50% Mandatory Convertible Preferred Stock, Series A, an estimated $145M position sold in full.

By sector, the portfolio is most concentrated in Industrials at 0.65% of assets, up from 0.35% a quarter earlier, followed by Energy and Communication Services.

Against the trend, Equitec Specialists opened a new position in Anthem, Inc. worth $6.28M.

  • Equitec Specialists's largest Q4 2017 buy was Anthem, Inc.: 112,144 shares worth $6.28M.
  • Equitec Specialists added most to NextEra Energy, Inc. in Q4 2017, an estimated $64.2M increase.
  • Equitec Specialists's biggest Q4 2017 reduction was Black Hills Corporation, cutting an estimated $16.2M.
  • Equitec Specialists fully exited T-Mobile US, Inc.5.50% Mandatory Convertible Preferred Stock, Series A in Q4 2017, selling an estimated $145M.
  • Equitec Specialists's ten largest holdings make up 70% of its $523M portfolio in Q4 2017.
  • Equitec Specialists opened 26 new positions and closed 20 in Q4 2017.
  • Equitec Specialists's portfolio value fell 20% quarter-over-quarter to $523M.

Based on Equitec Specialists's 13F filing for Q4 2017, filed 24 Jan 2018.