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
+22.84%
1 Year Est. Return
+88.05%
3 Year Est. Return
+389.89%
5 Year Est. Return
+1,483.74%
10 Year Est. Return
–
AUM
$85.7M
AUM Growth
-$90.9M
Cap. Flow
-$96.9M
Cap. Flow %
-112.98%
Top 10 Hldgs %
66.21%
Holding
58
New
17
Increased
8
Reduced
2
Closed
25

Top Buys

Rank Stock Value
1
POSH
Poshmark, Inc. Class A Common Stock
POSH
+$5.84M
2
STOR
STORE Capital Corporation
STOR
+$5.59M
3
AJRD
Aerojet Rocketdyne Holdings
AJRD
+$3.11M
4
COUP
Coupa Software Incorporated
COUP
+$2.39M
5
COWN
Cowen Inc. Class A Common Stock
COWN
+$2.34M

Top Sells

Rank Stock Value
1
DRE
Duke Realty Corp.
DRE
+$17.6M
2
Y
Alleghany Corp
Y
+$16.2M
3
AVLR
Avalara, Inc.
AVLR
+$15.8M
4
ZEN
ZENDESK INC
ZEN
+$13.1M
5
CTXS
Citrix Systems Inc
CTXS
+$11.5M

Sector Composition

Rank Sector Weight
1 Industrials 24.98%
2 Technology 24.46%
3 Healthcare 12.9%
4 Real Estate 10.62%
5 Consumer Discretionary 8.11%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
USER
26
DELISTED
UserTesting, Inc.
USER
$799K 0.93%
+106,431
New +$681K
SGFY
27
DELISTED
Signify Health, Inc.
SGFY
$765K 0.89%
26,700
– –
MNTV
28
DELISTED
Momentive Global Inc. Common Stock
MNTV
$702K 0.82%
100,325
– –
BKI
29
DELISTED
Black Knight, Inc. Common Stock
BKI
$537K 0.63%
8,700
-4,500
-34% -$274K
SAVE
30
DELISTED
Spirit Airlines, Inc.
SAVE
$345K 0.4%
17,700
– –
KSS icon
31
Kohl's
KSS
$1.96B
$210K 0.24%
8,300
-13,400
-62% -$380K
HR icon
32
Healthcare Realty
HR
$7.39B
$170K 0.2%
+8,800
New +$173K
WTW icon
33
Willis Towers Watson
WTW
$27.7B
– –
-11,289
Closed -$2.27M
BTRS
34
DELISTED
BTRS Holdings Inc. Class 1 Common Stock
BTRS
– –
-57,900
Closed -$536K
SWCH
35
DELISTED
Switch, Inc. Class A Common Stock
SWCH
– –
-202,104
Closed -$6.81M
PBFX
36
DELISTED
PBF LOGISTICS LP
PBFX
– –
-132,501
Closed -$2.5M
ZEN
37
DELISTED
ZENDESK INC
ZEN
– –
-171,700
Closed -$13.1M
AERI
38
DELISTED
Aerie Pharmaceuticals
AERI
– –
-124,575
Closed -$1.89M
TEN
39
DELISTED
Tenneco Inc. Class A Voting Common Stock
TEN
– –
-172,492
Closed -$3M
ECOM
40
DELISTED
CHANNELADVISOR CORPORATION
ECOM
– –
-42,156
Closed -$955K
IS
41
DELISTED
ironSource Ltd.
IS
– –
-334,150
Closed -$1.15M
CYBE
42
DELISTED
Cyberoptics Corp
CYBE
– –
-89,300
Closed -$4.8M
PZN
43
DELISTED
Pzena Investment Management, Inc. Class A
PZN
– –
-49,874
Closed -$473K
TWTR
44
DELISTED
Twitter, Inc.
TWTR
– –
-86,100
Closed -$3.77M
CCXI
45
DELISTED
ChemoCentryx, Inc.
CCXI
– –
-93,700
Closed -$4.84M
AVLR
46
DELISTED
Avalara, Inc.
AVLR
– –
-172,655
Closed -$15.8M
SHLX
47
DELISTED
Shell Midstream Partners, L.P.
SHLX
– –
-250,000
Closed -$3.95M
Y
48
DELISTED
Alleghany Corp
Y
– –
-19,315
Closed -$16.2M
PING
49
DELISTED
Ping Identity Holding Corp.
PING
– –
-229,297
Closed -$6.44M
CVET
50
DELISTED
Covetrus, Inc. Common Stock
CVET
– –
-124,200
Closed -$2.59M
1
2
3

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 2022 Portfolio in Review

As of Q4 2022, Kellner Capital held 58 positions worth $85.7M, down 51% from $177M the previous quarter. Its ten largest holdings account for 66% of the portfolio.

Kellner Capital withdrew a net $96.9M in Q4 2022, closing 25 positions and reducing 2 holdings. Its most notable exit was Duke Realty Corp., an estimated $17.6M position sold in full.

By sector, the portfolio is most concentrated in Industrials at 25% of assets, up from 14% a quarter earlier, followed by Technology and Healthcare.

Against the trend, Kellner Capital opened a new position in Poshmark, Inc. Class A Common Stock worth $5.88M.

  • Kellner Capital's largest Q4 2022 buy was Poshmark, Inc. Class A Common Stock: 329,100 shares worth $5.88M.
  • Kellner Capital added most to STORE Capital Corporation in Q4 2022, an estimated $5.59M increase.
  • Kellner Capital's biggest Q4 2022 reduction was Kohl's, cutting an estimated $380K.
  • Kellner Capital fully exited Duke Realty Corp. in Q4 2022, selling an estimated $17.6M.
  • Kellner Capital's ten largest holdings make up 66% of its $85.7M portfolio in Q4 2022.
  • Kellner Capital opened 17 new positions and closed 25 in Q4 2022.
  • Kellner Capital's portfolio value fell 51% quarter-over-quarter to $85.7M.

Based on Kellner Capital's 13F filing for Q4 2022, filed 13 Feb 2023.