IG

Inherent Group Portfolio holdings

AUM $108M Turnover 46.15%
1-Year Est. Return 55.34%
This Fund
S&P 500
This Quarter Est. Return
+13.56%
1 Year Est. Return
+55.34%
3 Year Est. Return
+61.74%
5 Year Est. Return
+520.18%
10 Year Est. Return
–
AUM
$882M
AUM Growth
+$547M
Cap. Flow
-$96.1M
Cap. Flow %
-10.89%
Top 10 Hldgs %
81.98%
Holding
41
New
16
Increased
5
Reduced
–
Closed
6
Avg Time Held Equity + Options
0.7 years
Top 10 Avg Time Held Equity + Options
1 year
Top 20 Avg Time Held Equity + Options
0.8 years
Avg Time Held Equity only
1.2 years
Top 10 Avg Time Held Equity only
1.2 years
Top 20 Avg Time Held Equity only
0.9 years

Top Buys

Rank Stock Value
1
FIS icon
Fidelity National Information Services
FIS
+$20.9M
2
FCNCA icon
First Citizens BancShares
FCNCA
+$3.2M
3
UNP icon
Union Pacific
UNP
+$2.82M
4
VST icon
Vistra
VST
+$693K
5
SG icon
Sweetgreen
SG
+$124K

Top Sells

Rank Stock Value
1
VCSH icon
Vanguard Short-Term Corporate Bond ETF
VCSH
+$62.5M
2
ARCE
Arco Platform Limited Class A Common Shares
ARCE
+$3.11M
3
PCT icon
PureCycle Technologies
PCT
+$154K

Sector Composition

Rank Sector Weight
1 Miscellaneous 83.25%
2 Materials 8.11%
3 Financials 4.81%
4 Technology 1.97%
5 Utilities 1.35%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow Held Since
QQQ icon
1
PUT
Invesco QQQ Trust
QQQ
$488B
$160M 18.19%
+500,000
New +$148M
2023 Q1
0 quarters
HYG icon
2
PUT
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$17.8B
$136M 15.41%
1,800,000
+750,000
+71% +$56.2M
2022 Q2
3 quarters
SPY icon
3
PUT
State Street SPDR S&P 500 ETF Trust
SPY
$813B
$113M 12.76%
275,000
+250,000
+1,000% +$99.7M
2022 Q1
4 quarters
OEC icon
4
Orion
OEC
$321M
$71.5M 8.11%
2,741,655
– –
2018 Q4
17 quarters
XLI icon
5
PUT
State Street Industrial Select Sector SPDR ETF
XLI
$30.5B
$70.8M 8.03%
+700,000
New +$70.4M
2023 Q1
0 quarters
XLF icon
6
PUT
State Street Financial Select Sector SPDR ETF
XLF
$50.7B
$64.3M 7.29%
+2,000,000
New +$69.5M
2023 Q1
0 quarters
LQD icon
7
PUT
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$29.2B
$32.9M 3.73%
+300,000
New +$32.5M
2023 Q1
0 quarters
COOP icon
8
DELISTED
Mr. Cooper
COOP
$30M 3.39%
731,136
– –
2019 Q3
14 quarters
IWM icon
9
CALL
iShares Russell 2000 ETF
IWM
$76.4B
$17.8M 2.02%
+100,000
New +$18.4M
2023 Q1
0 quarters
FIS icon
10
Fidelity National Information Services
FIS
$18.3B
$17.4M 1.97%
+320,688
New +$20.9M
2023 Q1
0 quarters
VST icon
11
Vistra
VST
$50.9B
$11.9M 1.35%
496,701
+29,876
+6% +$693K
2022 Q3
2 quarters
ALLY icon
12
PUT
Ally Financial
ALLY
$11.2B
$11.5M 1.3%
+450,000
New +$12.9M
2023 Q1
0 quarters
IEMG icon
13
iShares Core MSCI Emerging Markets ETF
IEMG
$155B
$10.4M 1.18%
213,405
– –
2020 Q4
9 quarters
ABNB icon
14
PUT
Airbnb
ABNB
$98.5B
$9.33M 1.06%
+75,000
New +$8.56M
2023 Q1
0 quarters
AAL icon
15
PUT
American Airlines Group
AAL
$7.8B
$5.88M 0.67%
398,600
+98,600
+33% +$1.54M
2022 Q3
2 quarters
ETSY icon
16
CALL
Etsy
ETSY
$7.61B
$5.57M 0.63%
50,000
+25,000
+100% +$3.1M
2022 Q4
1 quarter
RIVN icon
17
PUT
Rivian
RIVN
$18.7B
$5.42M 0.61%
+350,000
New +$5.91M
2023 Q1
0 quarters
STEP icon
18
StepStone Group
STEP
$3.4B
$5.26M 0.6%
216,771
– –
2020 Q3
10 quarters
FCNCA icon
19
First Citizens BancShares
FCNCA
$23.2B
$4.19M 0.47%
+4,306
New +$3.2M
2023 Q1
0 quarters
BXP icon
20
PUT
Boston Properties
BXP
$9.21B
$4.06M 0.46%
+75,000
New +$4.89M
2023 Q1
0 quarters
SCHW icon
21
CALL
Charles Schwab
SCHW
$167B
$3.93M 0.45%
+75,000
New +$5.49M
2023 Q1
0 quarters
ALLY icon
22
Ally Financial
ALLY
$11.2B
$3.03M 0.34%
118,890
– –
2020 Q4
9 quarters
UNP icon
23
Union Pacific
UNP
$170B
$2.8M 0.32%
+13,900
New +$2.82M
2023 Q1
0 quarters
BBIO icon
24
PUT
BridgeBio Pharma
BBIO
$12.7B
$1.97M 0.22%
+118,900
New +$1.39M
2023 Q1
0 quarters
GROV icon
25
Grove Collaborative
GROV
$42.4M
$879K 0.1%
401,311
– –
2022 Q4
1 quarter
1
2

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CM
Crystalline Management Montreal, Quebec, Canada $112M AUM 21.13% 1-Year Est. Return
ASGS
Alpha Square Group S New York $103M AUM 63.47% 1-Year Est. Return
ASFA
All Season Financial Advisors Denver, Colorado $117M AUM 25.93% 1-Year Est. Return
MAG
Millrace Asset Group Berwyn, Pennsylvania $98.4M AUM 63.71% 1-Year Est. Return
SAM
Soditic Asset Management Tonbridge, United Kingdom $98.4M AUM 36.65% 1-Year Est. Return
NMM
Naples Money Management Naples, Florida $118M AUM 54.7% 1-Year Est. Return
AIM
Aquila Investment Management New York $89.9M AUM 29.86% 1-Year Est. Return
APS
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Inherent Group's Q1 2023 Portfolio in Review

As of Q1 2023, Inherent Group held 41 positions worth $882M, up 163% from $335M the previous quarter. Its ten largest holdings account for 82% of the portfolio.

Inherent Group withdrew a net $96.1M in Q1 2023, closing 6 positions. Its most notable exit was Vanguard Short-Term Corporate Bond ETF, an estimated $62.5M position sold in full.

By sector, the portfolio is most concentrated in Miscellaneous at 83% of assets, up from 70% a quarter earlier, followed by Materials and Financials.

Against the trend, Inherent Group opened a new position in Fidelity National Information Services worth $17.4M.

  • Inherent Group's largest Q1 2023 buy was Fidelity National Information Services: 320,688 shares worth $17.4M.
  • Inherent Group added most to Vistra in Q1 2023, an estimated $693K increase.
  • Inherent Group fully exited Vanguard Short-Term Corporate Bond ETF in Q1 2023, selling an estimated $62.5M.
  • Inherent Group's ten largest holdings make up 82% of its $882M portfolio in Q1 2023.
  • Inherent Group opened 16 new positions and closed 6 in Q1 2023.
  • Inherent Group's portfolio value rose 163% quarter-over-quarter to $882M.

Based on Inherent Group's 13F filing for Q1 2023, filed 15 May 2023.