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Indaba Capital Management Portfolio holdings
AUM
$33.8M
1-Year Est. Return
33.83%
This Fund
S&P 500
This Quarter
Est. Return
-5.53%
1 Year Est. Return
+33.83%
3 Year Est. Return
+66.66%
5 Year Est. Return
+44.49%
10 Year Est. Return
+91.89%
AUM
$240M
AUM Growth
+$34.1M
(+17%)
Cap. Flow
+$20.9M
Cap. Flow
% of AUM
8.73%
Top 10 Holdings %
Top 10 Hldgs %
98.76%
Holding
13
New
4
Increased
2
Reduced
1
Closed
2
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
FCE.A
Forest City Realty Trust, Inc.
FCE.A
|
+$40M |
| 2 |
CCG
CAMPUS CREST COMMUNITIES INC COM STK (MD)
CCG
|
+$21.7M |
| 3 |
YHOO
Yahoo Inc
YHOO
|
+$18.3M |
| 4 |
TWC
TIME WARNER CABLE INC NEW COM STK
TWC
|
+$15.3M |
| 5 |
CSG
CHAMBERS STR PPTYS COM
CSG
|
+$2.91M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Goldman Sachs BDC
GSBD
|
+$13.5M |
| 2 |
SunCoke Energy
SXC
|
+$10.4M |
| 3 |
Great Elm Group
GEG
|
+$3.67M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Energy | 27.75% |
| 2 | Real Estate | 25% |
| 3 | Financials | 17.31% |
| 4 | Communication Services | 6.86% |
| 5 | Materials | 0% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
YHOO
1
DELISTED
Yahoo Inc
YHOO
| $66.6M | 27.75% |
1,694,400
+425,000
| +33% | +$18.3M |
|
|
FCE.A
2
DELISTED
Forest City Realty Trust, Inc.
FCE.A
| $37.3M | 15.56% |
+1,689,072
| New | +$40M |
|
|
SNC
3
DELISTED
State National Companies, Inc.
SNC
| $25.2M | 10.5% |
2,325,506
| – | – |
|
|
CCG
4
DELISTED
CAMPUS CREST COMMUNITIES INC COM STK (MD)
CCG
| $19.7M | 8.19% |
+3,547,946
| New | +$21.7M |
|
|
TWC
5
DELISTED
TIME WARNER CABLE INC NEW COM STK
TWC
| $16.5M | 6.86% |
+92,350
| New | +$15.3M |
|
|
IFT
6
DELISTED
IMPERIAL HLDGS INC COM STK (FL)
IFT
| $12.3M | 5.11% |
2,117,476
+16,600
| +0.8% | +$105K |
|
|
7
Great Elm Group
GEG
$68.4M
| $4.07M | 1.7% |
547,398
-458,334
| -46% | -$3.67M |
|
|
OHAI
8
DELISTED
OHA Investment Corporation
OHAI
| $3.48M | 1.45% |
612,125
| – | – |
|
|
CSG
9
DELISTED
CHAMBERS STR PPTYS COM
CSG
| $2.97M | 1.24% |
+373,859
| New | +$2.91M |
|
|
10
Goldman Sachs BDC
GSBD
$975M
| – | – |
-652,139
| Closed | -$13.5M |
|
|
11
SunCoke Energy
SXC
$757M
| – | – |
-698,383
| Closed | -$10.4M |
|
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Indaba Capital Management's Q2 2015 Portfolio in Review
As of Q2 2015, Indaba Capital Management held 13 positions worth $240M, up 17% from $206M the previous quarter. Its ten largest holdings account for 99% of the portfolio.
Indaba Capital Management deployed $20.9M of net new capital in Q2 2015, opening 4 new positions and adding to 2 existing holdings. Its largest new stake was Forest City Realty Trust, Inc.: 1,689,072 shares worth $37.3M.
By sector, the portfolio is most concentrated in Energy at 28% of assets, up from 27% a quarter earlier, followed by Real Estate and Financials.
On the sell side, the largest reduction was Great Elm Group, an estimated $3.67M trimmed.
- Indaba Capital Management's largest Q2 2015 buy was Forest City Realty Trust, Inc.: 1,689,072 shares worth $37.3M.
- Indaba Capital Management added most to Yahoo Inc in Q2 2015, an estimated $18.3M increase.
- Indaba Capital Management's biggest Q2 2015 reduction was Great Elm Group, cutting an estimated $3.67M.
- Indaba Capital Management fully exited Goldman Sachs BDC in Q2 2015, selling an estimated $13.5M.
- Indaba Capital Management's ten largest holdings make up 99% of its $240M portfolio in Q2 2015.
- Indaba Capital Management opened 4 new positions and closed 2 in Q2 2015.
- Indaba Capital Management's portfolio value rose 17% quarter-over-quarter to $240M.
Based on Indaba Capital Management's 13F filing for Q2 2015, filed 14 Aug 2015.