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
+5.61%
1 Year Est. Return
+25.27%
3 Year Est. Return
+65.41%
5 Year Est. Return
+95.52%
10 Year Est. Return
–
AUM
$893M
AUM Growth
+$231M
(+35%)
Cap. Flow
-$239M
Cap. Flow
% of AUM
-26.71%
Top 10 Holdings %
Top 10 Hldgs %
67.2%
Holding
207
New
67
Increased
28
Reduced
34
Closed
39
Avg Time Held Equity + Options
0.4
years
Top 10 Avg Time Held Equity + Options
0.3
years
Top 20 Avg Time Held Equity + Options
0.3
years
Avg Time Held Equity only
0.4
years
Top 10 Avg Time Held Equity only
0.2
years
Top 20 Avg Time Held Equity only
0.2
years
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
PCGU
PG&E Corporation
PCGU
|
+$16.5M |
| 2 |
Purple Innovation, Inc.
PRPLW
|
+$10.6M |
| 3 |
GFLU
GFL Environmental Inc. Tangible Equity Units
GFLU
|
+$10.1M |
| 4 |
Utz Brands, Inc. Warrants, each whole warrant exercisable for one Class A common stock at an exercis
UTZ.WS
|
+$7.33M |
| 5 |
NextEra Energy, Inc. 6.219% Corporate Units
NEE.PRQ
|
+$7.25M |
Top Sells
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 98.59% |
| 2 | Consumer Discretionary | 0.82% |
| 3 | Utilities | 0.3% |
| 4 | Financials | 0.12% |
| 5 | Industrials | 0.1% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1
PUT
Tesla
TSLA
$1.43T
| $112M | 12.54% |
783,000
-237,000
| -23% | -$28M |
2019 Q4
3 quarters
|
|
|
2
CALL
Tesla
TSLA
$1.43T
| $38.7M | 4.33% |
270,600
-6,900
| -2% | -$815K |
2019 Q4
3 quarters
|
|
3
PUT
American International
AIG
$41.4B
| $30.5M | 3.42% |
1,108,100
+138,000
| +14% | +$4.11M |
2017 Q3
12 quarters
|
|
4
PUT
Sempra
SRE
$53.6B
| $23.6M | 2.64% |
398,400
+115,000
| +41% | +$7.08M |
2020 Q1
2 quarters
|
|
5
DELISTED
Danaher Corporation 4.75% Mandatory Convertible Preferred Stock, Series A
DHR.PRA
| $23.3M | 2.61% |
15,776
+678
| +4% | +$952K |
2019 Q1
6 quarters
|
|
|
PCGU
6
DELISTED
PG&E Corporation
PCGU
| $16.5M | 1.85% |
+168,631
| New | +$16.5M |
2020 Q3
0 quarters
|
|
|
7
CALL
American International
AIG
$41.4B
| $14.7M | 1.64% |
532,200
+452,800
| +570% | +$13.5M |
2019 Q1
6 quarters
|
|
|
8
DELISTED
Purple Innovation, Inc.
PRPLW
| $13M | 1.46% |
+1,925,183
| New | +$10.6M |
2020 Q3
0 quarters
|
|
|
9
CALL
Sempra
SRE
$53.6B
| $11M | 1.23% |
185,400
+107,200
| +137% | +$6.6M |
2019 Q3
4 quarters
|
|
|
GFLU
10
DELISTED
GFL Environmental Inc. Tangible Equity Units
GFLU
| $10.4M | 1.16% |
+194,439
| New | +$10.1M |
2020 Q3
0 quarters
|
|
|
QTS.PRB
11
DELISTED
QTS Realty Trust, Inc. 6.50% Series B Cumulative Convertible Perpetual Preferred Stock
QTS.PRB
| $10.2M | 1.14% |
71,808
+23,778
| +50% | +$3.56M |
2020 Q1
2 quarters
|
|
|
CHNGU
12
DELISTED
Change Healthcare Inc. Tangible Equity Units
CHNGU
| $9.83M | 1.1% |
184,077
-7,764
| -4% | -$373K |
2020 Q2
1 quarter
|
|
13
DELISTED
Blink Charging Co. Warrant
BLNKW
| $9.04M | 1.01% |
1,489,724
+951,056
| +177% | +$4.31M |
2019 Q1
6 quarters
|
|
14
PUT
American Airlines Group
AAL
$8.13B
| $8.3M | 0.93% |
675,600
+425,500
| +170% | +$5.33M |
2020 Q2
1 quarter
|
|
|
15
DELISTED
Utz Brands, Inc. Warrants, each whole warrant exercisable for one Class A common stock at an exercis
UTZ.WS
| $7.81M | 0.87% |
+1,194,152
| New | +$7.33M |
2020 Q3
0 quarters
|
|
|
16
PUT
NextEra Energy
NEE
$165B
| $7.33M | 0.82% |
105,600
+50,000
| +90% | +$3.45M |
2020 Q2
1 quarter
|
|
|
17
DELISTED
NextEra Energy, Inc. 6.219% Corporate Units
NEE.PRQ
| $7.26M | 0.81% |
+152,124
| New | +$7.25M |
2020 Q3
0 quarters
|
|
|
18
DELISTED
NextEra Energy, Inc. 4.872% Corporate Units
NEE.PRO
| $7.26M | 0.81% |
134,037
-324,552
| -71% | -$17.7M |
2019 Q3
4 quarters
|
|
19
PUT
Carnival Corporation Ltd
CCL
$35.6B
| $5.19M | 0.58% |
341,800
-891,900
| -72% | -$13.8M |
2020 Q2
1 quarter
|
|
|
20
CALL
Carnival Corporation Ltd
CCL
$35.6B
| $5.12M | 0.57% |
337,100
+312,400
| +1,265% | +$4.83M |
2020 Q2
1 quarter
|
|
|
21
DELISTED
NextEra Energy, Inc. 5.279% Corporate Units
NEE.PRP
| $4.45M | 0.5% |
95,349
+70,349
| +281% | +$3.35M |
2020 Q2
1 quarter
|
|
22
State Street SPDR S&P 500 ETF Trust
SPY
$815B
| $4.26M | 0.48% |
12,721
+12,713
| +158,913% | +$4.21M |
2020 Q2
1 quarter
|
|
|
23
Carnival Corporation Ltd
CCL
$35.6B
| $4.17M | 0.47% |
+275,019
| New | +$4.25M |
2020 Q3
0 quarters
|
|
24
PUT
Norwegian Cruise Line
NCLH
$7.07B
| $3.82M | 0.43% |
223,100
-100
| -0% | -$1.58K |
2020 Q2
1 quarter
|
|
|
25
DELISTED
Sempra Energy 6% Mandatory Convertible Preferred Stock, Series A
SRE.PRA
| $3.49M | 0.39% |
35,435
-35,045
| -50% | -$3.57M |
2018 Q4
7 quarters
|
|
Similar funds
FFIM
YECIP
SA
FRGX
KA
TG
DHRFI
HCMT
Equitec Specialists's Q3 2020 Portfolio in Review
As of Q3 2020, Equitec Specialists held 207 positions worth $893M, up 35% from $662M the previous quarter. Its ten largest holdings account for 67% of the portfolio.
Equitec Specialists withdrew a net $239M in Q3 2020, closing 39 positions and reducing 34 holdings. Its most notable exit was Crown Castle International Corp. 6.875% Mandatory Convertible Preferred Stock, Series A, an estimated $59.3M 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 Consumer Discretionary and Utilities.
Against the trend, Equitec Specialists opened a new position in PG&E Corporation worth $16.5M.
- Equitec Specialists's largest Q3 2020 buy was PG&E Corporation: 168,631 shares worth $16.5M.
- Equitec Specialists added most to Blink Charging Co. Warrant in Q3 2020, an estimated $4.31M increase.
- Equitec Specialists's biggest Q3 2020 reduction was NextEra Energy, Inc. 4.872% Corporate Units, cutting an estimated $17.7M.
- Equitec Specialists fully exited Crown Castle International Corp. 6.875% Mandatory Convertible Preferred Stock, Series A in Q3 2020, selling an estimated $59.3M.
- Equitec Specialists's ten largest holdings make up 67% of its $893M portfolio in Q3 2020.
- Equitec Specialists opened 67 new positions and closed 39 in Q3 2020.
- Equitec Specialists's portfolio value rose 35% quarter-over-quarter to $893M.
Based on Equitec Specialists's 13F filing for Q3 2020, filed 13 Oct 2020.