We are live on ! Find out more
KC

Kellner Capital Portfolio holdings

AUM $55.5M
1-Year Est. Return 88.05%
This Fund
S&P 500
This Quarter Est. Return
+11.28%
1 Year Est. Return
+88.05%
3 Year Est. Return
+389.89%
5 Year Est. Return
+1,483.74%
10 Year Est. Return
–
AUM
$219M
AUM Growth
-$38.6M
Cap. Flow
-$53.1M
Cap. Flow %
-24.29%
Top 10 Hldgs %
86.11%
Holding
41
New
14
Increased
5
Reduced
3
Closed
13

Top Buys

Rank Stock Value
1
MGLN
Magellan Health Services, Inc.
MGLN
+$8.78M
2
ATH
Athene Holding Ltd. Class A Common Shares
ATH
+$7.49M
3
PBCT
People's United Financial Inc
PBCT
+$6.85M
4
CONE
CyrusOne Inc Common Stock
CONE
+$6.08M
5
MIME
Mimecast Limited
MIME
+$4.72M

Top Sells

Rank Stock Value
1
VER
VEREIT, Inc.
VER
+$21.5M
2
CSOD
Cornerstone OnDemand, Inc.
CSOD
+$16M
3
UFS
DOMTAR CORPORATION (New)
UFS
+$14.4M
4
KSU
Kansas City Southern
KSU
+$10.2M
5
CADE
Cadence Bancorporation
CADE
+$7.45M

Sector Composition

Rank Sector Weight
1 Financials 31.77%
2 Communication Services 22.01%
3 Technology 14.78%
4 Healthcare 13.79%
5 Industrials 1.87%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
VG
26
DELISTED
Vonage Holdings Corporation
VG
$293K 0.13%
+14,082
New +$257K
PAE
27
DELISTED
PAE Incorporated Class A Common Stock
PAE
$267K 0.12%
+26,900
New +$240K
FRTA
28
DELISTED
Forterra, Inc
FRTA
$208K 0.1%
8,728
– –
KSU
29
DELISTED
Kansas City Southern
KSU
– –
-37,631
Closed -$10.2M
PPD
30
DELISTED
PPD, Inc. Common Stock
PPD
– –
-76,200
Closed -$3.56M
CXP
31
DELISTED
COLUMBIA PROPERTY TRUST, INC.
CXP
– –
-183,400
Closed -$3.49M
CVA
32
DELISTED
Covanta Holding Corporation
CVA
– –
-107,700
Closed -$2.17M
MDLA
33
DELISTED
Medallia, Inc.
MDLA
– –
-129,900
Closed -$4.4M
SCR
34
DELISTED
Score Media and Gaming Inc. Class A Subordinate Voting Shares
SCR
– –
-38,698
Closed -$1.32M
CSOD
35
DELISTED
Cornerstone OnDemand, Inc.
CSOD
– –
-278,771
Closed -$16M
CLDR
36
DELISTED
Cloudera, Inc.
CLDR
– –
-196,214
Closed -$3.13M
LDL
37
DELISTED
Lydall, Inc.
LDL
– –
-67,758
Closed -$4.21M
VER
38
DELISTED
VEREIT, Inc.
VER
– –
-475,584
Closed -$21.5M
UFS
39
DELISTED
DOMTAR CORPORATION (New)
UFS
– –
-264,298
Closed -$14.4M
STMP
40
DELISTED
Stamps.com, Inc.
STMP
– –
-9,000
Closed -$2.97M
CADE
41
DELISTED
Cadence Bancorporation
CADE
– –
-339,451
Closed -$7.45M
1
2

Similar funds

UFG
United Fire Group Cedar Rapids, Iowa $55M AUM 6% 1-Year Est. Return
ACJ
Autonomy Capital (Jersey) St. Helier, Jersey $54.8M AUM 37.27% 1-Year Est. Return
LR
Library Research Hong Kong $58.1M AUM 41.17% 1-Year Est. Return
SC
Sonen Capital San Francisco, California $52.7M AUM 25.58% 1-Year Est. Return
JCI
Jet Capital Investors New York $51M AUM 48.01% 1-Year Est. Return
AP
AtonRa Partners Geneva, Switzerland $50.2M AUM 47.76% 1-Year Est. Return
RTM
Rizvi Traverse Management West Palm Beach, Florida $63.4M AUM 53.91% 1-Year Est. Return
AOGP
Addition One General Partner New York $45.7M AUM

Kellner Capital's Q4 2021 Portfolio in Review

As of Q4 2021, Kellner Capital held 41 positions worth $219M, down 15% from $257M the previous quarter. Its ten largest holdings account for 86% of the portfolio.

Kellner Capital withdrew a net $53.1M in Q4 2021, closing 13 positions and reducing 3 holdings. Its most notable exit was VEREIT, Inc., an estimated $21.5M position sold in full.

By sector, the portfolio is most concentrated in Financials at 32% of assets, up from 24% a quarter earlier, followed by Communication Services and Technology.

Against the trend, Kellner Capital opened a new position in People's United Financial Inc worth $6.85M.

  • Kellner Capital's largest Q4 2021 buy was People's United Financial Inc: 384,300 shares worth $6.85M.
  • Kellner Capital added most to Magellan Health Services, Inc. in Q4 2021, an estimated $8.78M increase.
  • Kellner Capital's biggest Q4 2021 reduction was Willis Towers Watson, cutting an estimated $6.74M.
  • Kellner Capital fully exited VEREIT, Inc. in Q4 2021, selling an estimated $21.5M.
  • Kellner Capital's ten largest holdings make up 86% of its $219M portfolio in Q4 2021.
  • Kellner Capital opened 14 new positions and closed 13 in Q4 2021.
  • Kellner Capital's portfolio value fell 15% quarter-over-quarter to $219M.

Based on Kellner Capital's 13F filing for Q4 2021, filed 10 Feb 2022.