Equitec Specialists Portfolio holdings

Equitec Specialists's Q4 2020 Portfolio in Review

As of Q4 2020, Equitec Specialists held 276 positions worth $1.66B, up 86% from $893M the previous quarter. Its ten largest holdings account for 77% of the portfolio.

Equitec Specialists withdrew a net $434M in Q4 2020, closing 58 positions and reducing 41 holdings. Its most notable exit was Danaher Corporation 4.75% Mandatory Convertible Preferred Stock, Series A, an estimated $23.3M position sold in full.

By sector, the portfolio is most concentrated in Industrials at 1.2% of assets, up from 0.1% a quarter earlier, followed by Consumer Discretionary and Energy.

Against the trend, Equitec Specialists opened a new position in Fisker Inc. Warrants, each whole warrant exercisable for one Class A common stock at an exercise pri worth $12.3M.

• Equitec Specialists's largest Q4 2020 buy was Fisker Inc. Warrants, each whole warrant exercisable for one Class A common stock at an exercise pri: 2,505,786 shares worth $12.3M.
• Equitec Specialists added most to PG&E Corporation in Q4 2020, an estimated $10.9M increase.
• Equitec Specialists's biggest Q4 2020 reduction was Blink Charging Co. Warrant, cutting an estimated $23M.
• Equitec Specialists fully exited Danaher Corporation 4.75% Mandatory Convertible Preferred Stock, Series A in Q4 2020, selling an estimated $23.3M.
• Equitec Specialists's ten largest holdings make up 77% of its $1.66B portfolio in Q4 2020.
• Equitec Specialists opened 105 new positions and closed 58 in Q4 2020.
• Equitec Specialists's portfolio value rose 86% quarter-over-quarter to $1.66B.

Based on Equitec Specialists's 13F filing for Q4 2020, filed 26 Jan 2021.