We are live on ! Find out more
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
+2.39%
1 Year Est. Return
+25.27%
3 Year Est. Return
+65.41%
5 Year Est. Return
+95.52%
10 Year Est. Return
–
AUM
$411M
AUM Growth
+$132M
Cap. Flow
-$105M
Cap. Flow %
-25.54%
Top 10 Hldgs %
67.35%
Holding
151
New
32
Increased
25
Reduced
26
Closed
43
Avg Time Held Equity + Options
0.4 years
Top 10 Avg Time Held Equity + Options
0.5 years
Top 20 Avg Time Held Equity + Options
0.4 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
0.4 years

Top Buys

Rank Stock Value
1
DCUA
DOMINION RESOURCES INC. CORP UNIT 2013 SER A (VA)
DCUA
+$21.9M
2
NEE.PRP icon
NEXTERA ENERGY INC EQUITY UNIT
NEE.PRP
+$20M
3
DCUB
DOMINION RESOURCES INC CORP UNIT 2013 SER B (VA)
DCUB
+$4.73M
4
FTRPR
Frontier Communications Corporation 11.125% Series A Mandatory Convertible Preferred Stock
FTRPR
+$4.02M
5
BKHU
Black Hills Corporation
BKHU
+$3.78M

Top Sells

Rank Stock Value
1
TMUSP icon
T-Mobile US, Inc.5.50% Mandatory Convertible Preferred Stock, Series A
TMUSP
+$1.86M
2
TSNU
Tyson Foods, Inc.
TSNU
+$1.74M
3
EP.PRC icon
El Paso Energy Capital Trust I
EP.PRC
+$941K
4
HZNP
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
+$789K
5
AMSGP
Amsurg Corp. 5.25% Mandatory Convertible Pft Stk Ser A-1
AMSGP
+$730K

Sector Composition

Rank Sector Weight
1 Miscellaneous 98.75%
2 Healthcare 0.77%
3 Financials 0.23%
4 Energy 0.12%
5 Materials 0.07%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow Held Since
FTR
126
CALL
DELISTED
Frontier Communications Corp.
FTR
– –
-2,640
Closed -$185K –
2 3 4 5
6

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 Q1 2016 Portfolio in Review

As of Q1 2016, Equitec Specialists held 151 positions worth $411M, up 48% from $279M the previous quarter. Its ten largest holdings account for 67% of the portfolio.

Equitec Specialists withdrew a net $105M in Q1 2016, closing 43 positions and reducing 26 holdings. Its most notable exit was Horizon Therapeutics Public Limited Company Ordinary Shares, an estimated $789K position sold in full.

By sector, the portfolio is most concentrated in Miscellaneous at 99% of assets, up from 98% a quarter earlier, followed by Healthcare and Financials.

Against the trend, Equitec Specialists opened a new position in DOMINION RESOURCES INC. CORP UNIT 2013 SER A (VA) worth $23.3M.

  • Equitec Specialists's largest Q1 2016 buy was DOMINION RESOURCES INC. CORP UNIT 2013 SER A (VA): 396,959 shares worth $23.3M.
  • Equitec Specialists added most to Frontier Communications Corporation 11.125% Series A Mandatory Convertible Preferred Stock in Q1 2016, an estimated $4.02M increase.
  • Equitec Specialists's biggest Q1 2016 reduction was T-Mobile US, Inc.5.50% Mandatory Convertible Preferred Stock, Series A, cutting an estimated $1.86M.
  • Equitec Specialists fully exited Horizon Therapeutics Public Limited Company Ordinary Shares in Q1 2016, selling an estimated $789K.
  • Equitec Specialists's ten largest holdings make up 67% of its $411M portfolio in Q1 2016.
  • Equitec Specialists opened 32 new positions and closed 43 in Q1 2016.
  • Equitec Specialists's portfolio value rose 48% quarter-over-quarter to $411M.

Based on Equitec Specialists's 13F filing for Q1 2016, filed 29 Apr 2016.