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
+3.19%
1 Year Est. Return
+88.05%
3 Year Est. Return
+389.89%
5 Year Est. Return
+1,483.74%
10 Year Est. Return
–
AUM
$152M
AUM Growth
-$129M
Cap. Flow
-$127M
Cap. Flow %
-83.31%
Top 10 Hldgs %
73.17%
Holding
51
New
16
Increased
8
Reduced
5
Closed
21

Top Buys

Rank Stock Value
1
ATHN
Athenahealth, Inc.
ATHN
+$18.4M
2
VLP
Valero Energy Partners LP
VLP
+$16M
3
ARRS
ARRIS International plc Ordinary Shares
ARRS
+$8.42M
4
DNB
Dun & Bradstreet
DNB
+$6.34M
5
ITG
Investment Technology Group Inc
ITG
+$5.49M

Top Sells

Rank Stock Value
1
AET
Aetna Inc
AET
+$25.8M
2
PF
Pinnacle Foods, Inc.
PF
+$25.5M
3
ANDV
Andeavor
ANDV
+$17.4M
4
GPT
Gramercy Property Trust
GPT
+$16.6M
5
ESRX
Express Scripts Holding Company
ESRX
+$14.7M

Sector Composition

Rank Sector Weight
1 Financials 20.17%
2 Technology 16.69%
3 Communication Services 16.1%
4 Industrials 13.82%
5 Energy 11.34%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
COBZ
51
DELISTED
CoBiz Financial,Inc
COBZ
– –
-190,400
Closed -$4.21M
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 2018 Portfolio in Review

As of Q4 2018, Kellner Capital held 51 positions worth $152M, down 46% from $281M the previous quarter. Its ten largest holdings account for 73% of the portfolio.

Kellner Capital withdrew a net $127M in Q4 2018, closing 21 positions and reducing 5 holdings. Its most notable exit was Aetna Inc, an estimated $25.8M position sold in full.

By sector, the portfolio is most concentrated in Financials at 20% of assets, up from 17% a quarter earlier, followed by Technology and Communication Services.

Against the trend, Kellner Capital opened a new position in Athenahealth, Inc. worth $19M.

  • Kellner Capital's largest Q4 2018 buy was Athenahealth, Inc.: 143,700 shares worth $19M.
  • Kellner Capital added most to Dun & Bradstreet in Q4 2018, an estimated $6.34M increase.
  • Kellner Capital's biggest Q4 2018 reduction was Express Scripts Holding Company, cutting an estimated $14.7M.
  • Kellner Capital fully exited Aetna Inc in Q4 2018, selling an estimated $25.8M.
  • Kellner Capital's ten largest holdings make up 73% of its $152M portfolio in Q4 2018.
  • Kellner Capital opened 16 new positions and closed 21 in Q4 2018.
  • Kellner Capital's portfolio value fell 46% quarter-over-quarter to $152M.

Based on Kellner Capital's 13F filing for Q4 2018, filed 11 Feb 2019.