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
+2.06%
1 Year Est. Return
+25.27%
3 Year Est. Return
+65.41%
5 Year Est. Return
+95.52%
10 Year Est. Return
–
AUM
$384M
AUM Growth
-$140M
Cap. Flow
-$119M
Cap. Flow %
-30.89%
Top 10 Hldgs %
48.32%
Holding
159
New
59
Increased
30
Reduced
22
Closed
19
Avg Time Held Equity + Options
0.4 years
Top 10 Avg Time Held Equity + Options
0.1 years
Top 20 Avg Time Held Equity + Options
0.2 years
Avg Time Held Equity only
0.4 years
Top 10 Avg Time Held Equity only
0.1 years
Top 20 Avg Time Held Equity only
0.4 years

Top Buys

Rank Stock Value
1
DCUE
Dominion Energy, Inc. 2019 Series A Corporate Units
DCUE
+$28.9M
2
AVTR.PRA icon
Avantor, Inc. Series A Mandatory Convertible Preferred Stock
AVTR.PRA
+$18.4M
3
DYNC icon
Vistra Energy Corp.
DYNC
+$10.4M
4
CNP.PRB icon
CenterPoint Energy, Inc. Depositary Shares Each Representing a 1/20th Interest in a Share of 7.00% S
CNP.PRB
+$8.29M
5
BDXA
Becton, Dickinson and Company Depositary Shares, each Representing a 1/20th Interest in a Share of 6
BDXA
+$7.16M

Top Sells

Rank Stock Value
1
IRDMB icon
Iridium Communications Inc - 6.75% Series B
IRDMB
+$111M
2
CCI.PRA icon
Crown Castle International Corp. 6.875% Mandatory Convertible Preferred Stock, Series A
CCI.PRA
+$24.3M
3
EPR.PRC icon
EPR Properties 5.75% Series C Preferred Shares
EPR.PRC
+$18M
4
SRE.PRA icon
Sempra Energy 6% Mandatory Convertible Preferred Stock, Series A
SRE.PRA
+$16.1M
5
DTV
DTE Energy Company 2016 Corporate Units
DTV
+$6.01M

Sector Composition

Rank Sector Weight
1 Miscellaneous 95.76%
2 Financials 1.17%
3 Industrials 1.15%
4 Healthcare 0.64%
5 Real Estate 0.45%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow Held Since
DCUE
1
DELISTED
Dominion Energy, Inc. 2019 Series A Corporate Units
DCUE
$28.9M 7.52%
+278,948
New +$28.9M
2019 Q2
0 quarters
CFXA
2
DELISTED
Colfax Corporation 5.75% Tangible Equity Units
CFXA
$22.3M 5.82%
176,026
+47,764
+37% +$6.02M
2019 Q1
1 quarter
AVTR.PRA icon
3
DELISTED
Avantor, Inc. Series A Mandatory Convertible Preferred Stock
AVTR.PRA
$19.5M 5.09%
+295,487
New +$18.4M
2019 Q2
0 quarters
CCI.PRA icon
4
DELISTED
Crown Castle International Corp. 6.875% Mandatory Convertible Preferred Stock, Series A
CCI.PRA
$17.2M 4.47%
14,288
-20,607
-59% -$24.3M
2017 Q3
7 quarters
ENR.PRA icon
5
DELISTED
Energizer Holdings, Inc. 7.50% Series A Mandatory Convertible Preferred Stock
ENR.PRA
$14.6M 3.8%
168,150
+54,580
+48% +$5.33M
2019 Q1
1 quarter
SRE.PRA icon
6
DELISTED
Sempra Energy 6% Mandatory Convertible Preferred Stock, Series A
SRE.PRA
$14.4M 3.74%
128,852
-147,742
-53% -$16.1M
2018 Q4
2 quarters
BDXA
7
DELISTED
Becton, Dickinson and Company Depositary Shares, each Representing a 1/20th Interest in a Share of 6
BDXA
$14.4M 3.74%
231,934
+120,794
+109% +$7.16M
2018 Q2
4 quarters
SJIU
8
DELISTED
South Jersey Industries, Inc.
SJIU
$12.9M 3.37%
242,861
+131,270
+118% +$6.84M
2018 Q2
4 quarters
D icon
9
CALL
Dominion Energy
D
$55.2B
$12.4M 3.22%
160,000
+100,100
+167% +$7.63M
2019 Q1
1 quarter
DCUD
10
DELISTED
Dominion Energy, Inc 2016 Series A Corporate Units
DCUD
$11.6M 3.03%
231,602
+123,014
+113% +$6.12M
2019 Q1
1 quarter
CNP.PRB icon
11
DELISTED
CenterPoint Energy, Inc. Depositary Shares Each Representing a 1/20th Interest in a Share of 7.00% S
CNP.PRB
$11M 2.86%
218,980
+159,922
+271% +$8.29M
2018 Q4
2 quarters
DYNC icon
12
DELISTED
Vistra Energy Corp.
DYNC
$9.78M 2.55%
+105,594
New +$10.4M
2019 Q2
0 quarters
D icon
13
PUT
Dominion Energy
D
$55.2B
$9.77M 2.55%
126,400
+116,300
+1,151% +$8.86M
2019 Q1
1 quarter
RYAM.PRA icon
14
DELISTED
Rayonier Advanced Materials Inc. 8.00% Series A Mandatory Convertible Preferred Stock
RYAM.PRA
$8.04M 2.09%
155,944
-17,714
-10% -$1.37M
2016 Q3
11 quarters
EPR.PRC icon
15
EPR Properties 5.75% Series C Preferred Shares
EPR.PRC
$131M
$5.26M 1.37%
164,024
-555,110
-77% -$18M
2014 Q4
18 quarters
ZWS icon
16
PUT
Zurn Elkay Water Solutions
ZWS
$7.81B
$5.03M 1.31%
345,654
+40,274
+13% +$542K
2018 Q4
2 quarters
DTV
17
DELISTED
DTE Energy Company 2016 Corporate Units
DTV
$4.79M 1.25%
85,266
-107,634
-56% -$6.01M
2018 Q4
2 quarters
AIG.WS icon
18
DELISTED
American International Group, Inc.
AIG.WS
$3.94M 1.03%
321,456
+162,505
+102% +$1.62M
2018 Q3
3 quarters
TWNKW
19
DELISTED
Hostess Brands, Inc. Warrants
TWNKW
$3.54M 0.92%
1,862,550
+556,619
+43% +$886K
2016 Q4
10 quarters
EPR.PRE icon
20
EPR Properties 9.00% Series E Preferred Shares
EPR.PRE
$104M
$3.48M 0.91%
91,744
+982
+1% +$37.5K
2016 Q4
10 quarters
ENR icon
21
PUT
Energizer
ENR
$1.5B
$3.38M 0.88%
+87,500
New +$3.91M
2019 Q2
0 quarters
DHR.PRA icon
22
DELISTED
Danaher Corporation 4.75% Mandatory Convertible Preferred Stock, Series A
DHR.PRA
$3.33M 0.87%
3,012
-2,837
-49% -$3M
2019 Q1
1 quarter
FTV.PRA icon
23
DELISTED
Fortive Corporation 5.00% Mandatory Convertible Preferred Stock, Series A
FTV.PRA
$2.88M 0.75%
2,809
+2,556
+1,010% +$2.65M
2019 Q1
1 quarter
RILY icon
24
BRC Group Holdings
RILY
$186M
$2.67M 0.7%
128,183
-3,708
-3% -$70.7K
2018 Q4
2 quarters
GM.WS.B icon
25
DELISTED
General Motors Company
GM.WS.B
$2.44M 0.64%
120,484
+107,844
+853% +$2.13M
2018 Q4
2 quarters
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 Q2 2019 Portfolio in Review

As of Q2 2019, Equitec Specialists held 159 positions worth $384M, down 27% from $524M the previous quarter. Its ten largest holdings account for 48% of the portfolio.

Equitec Specialists withdrew a net $119M in Q2 2019, closing 19 positions and reducing 22 holdings. Its most notable exit was Iridium Communications Inc - 6.75% Series B, an estimated $111M position sold in full.

By sector, the portfolio is most concentrated in Miscellaneous at 96% of assets, down from 97% a quarter earlier, followed by Financials and Industrials.

Against the trend, Equitec Specialists opened a new position in Dominion Energy, Inc. 2019 Series A Corporate Units worth $28.9M.

  • Equitec Specialists's largest Q2 2019 buy was Dominion Energy, Inc. 2019 Series A Corporate Units: 278,948 shares worth $28.9M.
  • Equitec Specialists added most to CenterPoint Energy, Inc. Depositary Shares Each Representing a 1/20th Interest in a Share of 7.00% S in Q2 2019, an estimated $8.29M increase.
  • Equitec Specialists's biggest Q2 2019 reduction was Crown Castle International Corp. 6.875% Mandatory Convertible Preferred Stock, Series A, cutting an estimated $24.3M.
  • Equitec Specialists fully exited Iridium Communications Inc - 6.75% Series B in Q2 2019, selling an estimated $111M.
  • Equitec Specialists's ten largest holdings make up 48% of its $384M portfolio in Q2 2019.
  • Equitec Specialists opened 59 new positions and closed 19 in Q2 2019.
  • Equitec Specialists's portfolio value fell 27% quarter-over-quarter to $384M.

Based on Equitec Specialists's 13F filing for Q2 2019, filed 9 Jul 2019.