We are live on ! Find out more
OTC

Opera Trading Capital Portfolio holdings

AUM $419M Turnover 65.31%
1-Year Est. Return 0.58%
This Fund
S&P 500
This Quarter Est. Return
-0.33%
1 Year Est. Return
+0.58%
3 Year Est. Return
+11.35%
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$419M
AUM Growth
-$111M
Cap. Flow
-$328M
Cap. Flow %
-78.26%
Top 10 Hldgs %
38.61%
Holding
196
New
19
Increased
10
Reduced
16
Closed
109
Avg Time Held
0.6 years
Top 10 Avg Time Held
0.4 years
Top 20 Avg Time Held
0.4 years

Top Buys

Rank Stock Value
1
FTV.PRA icon
Fortive Corporation 5.00% Mandatory Convertible Preferred Stock, Series A
FTV.PRA
+$12.8M
2
CNP.PRB icon
CenterPoint Energy, Inc. Depositary Shares Each Representing a 1/20th Interest in a Share of 7.00% S
CNP.PRB
+$7.54M
3
SODA
SodaStream International Ltd
SODA
+$6.34M
4
CCI.PRA icon
Crown Castle International Corp. 6.875% Mandatory Convertible Preferred Stock, Series A
CCI.PRA
+$5.79M
5
SJIU
South Jersey Industries, Inc.
SJIU
+$3.1M

Top Sells

Rank Stock Value
1
HES.PRA icon
Hess Corporation
HES.PRA
+$8.63M
2
IFFT
International Flavors & Fragrances Inc. 6.00% Tangible Equity Units
IFFT
+$8.21M
3
DTV
DTE Energy Company 2016 Corporate Units
DTV
+$8.01M
4
EVHC
Envision Healthcare Holdings Inc
EVHC
+$7.86M
5
IWM icon
iShares Russell 2000 ETF
IWM
+$7.32M

Sector Composition

Rank Sector Weight
1 Miscellaneous 96.08%
2 Consumer Discretionary 2.2%
3 Healthcare 0.79%
4 Real Estate 0.39%
5 Consumer Staples 0.25%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow Held Since
FTV.PRA icon
1
DELISTED
Fortive Corporation 5.00% Mandatory Convertible Preferred Stock, Series A
FTV.PRA
$11.8M 2.81%
+13,000
New +$12.8M
2018 Q4
0 quarters
SRE.PRA icon
2
DELISTED
Sempra Energy 6% Mandatory Convertible Preferred Stock, Series A
SRE.PRA
$11M 2.63%
115,000
-30,000
-21% -$3.03M
2018 Q1
3 quarters
DTV
3
DELISTED
DTE Energy Company 2016 Corporate Units
DTV
$9.6M 2.3%
186,300
-150,000
-45% -$8.01M
2017 Q2
6 quarters
SJIU
4
DELISTED
South Jersey Industries, Inc.
SJIU
$9.04M 2.16%
195,000
+60,000
+44% +$3.1M
2018 Q2
2 quarters
SODA
5
DELISTED
SodaStream International Ltd
SODA
$8.54M 2.04%
59,307
+44,307
+295% +$6.34M
2018 Q3
1 quarter
CCI.PRA icon
6
DELISTED
Crown Castle International Corp. 6.875% Mandatory Convertible Preferred Stock, Series A
CCI.PRA
$8.41M 2.01%
8,000
+5,500
+220% +$5.79M
2017 Q3
5 quarters
VXX icon
7
DELISTED
iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019
VXX
$7.97M 1.9%
173,666
+71,133
+69% +$2.63M
2017 Q3
5 quarters
VNQ icon
8
Vanguard Real Estate ETF
VNQ
$36.4B
$7.78M 1.86%
104,384
-37,165
-26% -$2.93M
2018 Q1
3 quarters
CNP.PRB icon
9
DELISTED
CenterPoint Energy, Inc. Depositary Shares Each Representing a 1/20th Interest in a Share of 7.00% S
CNP.PRB
$7.52M 1.79%
+150,000
New +$7.54M
2018 Q4
0 quarters
GDX icon
10
VanEck Gold Miners ETF
GDX
$26.4B
$7.09M 1.69%
336,033
+40,000
+14% +$784K
2016 Q3
9 quarters
IWM icon
11
iShares Russell 2000 ETF
IWM
$77.7B
$6.97M 1.66%
52,057
-49,032
-49% -$7.32M
2018 Q3
1 quarter
MOSC.U
12
DELISTED
Mosaic Acquisition Corp. Units, each consisting of one share of Class A Common Stock and one-third o
MOSC.U
$2.8M 0.67%
276,735
– –
2017 Q4
4 quarters
NBR.PRA icon
13
DELISTED
Nabors Industries Ltd. 6.00% Mandatory Convertible Preferred Shares, Series A
NBR.PRA
$2.68M 0.64%
150,000
+67,500
+82% +$2.22M
2018 Q2
2 quarters
NEBUU
14
DELISTED
Nebula Acquisition Corporation Unit
NEBUU
$2.54M 0.61%
253,403
+3
+0% +$30
2018 Q1
3 quarters
GSAH.U
15
DELISTED
GS Acquisition Holdings Corp. Units, each consisting of one share of Class A common stock and one-th
GSAH.U
$2.09M 0.5%
203,808
– –
2018 Q2
2 quarters
TPGH.U
16
DELISTED
TPG Pace Holdings Corp. Units, each consisting of one Class A ordinary share, $.0001 par value, and
TPGH.U
$2.08M 0.5%
200,000
– –
2017 Q2
6 quarters
SHPG
17
DELISTED
Shire pic
SHPG
$1.86M 0.44%
+10,700
New +$1.87M
2018 Q4
0 quarters
GOV
18
DELISTED
Government Properties Income Trust
GOV
$1.63M 0.39%
237,692
+38,500
+19% +$342K
2018 Q3
1 quarter
ECYT
19
DELISTED
Endocyte, Inc. Common Stock
ECYT
$1.44M 0.34%
+59,930
New +$1.31M
2018 Q4
0 quarters
VXX icon
20
iPath Series B S&P 500 VIX Short-Term Futures ETN
VXX
$129M
$1.16M 0.28%
+31
New +$73.4K
2018 Q4
0 quarters
UNG icon
21
United States Natural Gas Fund
UNG
$467M
$1.14M 0.27%
11,375
-37,125
-77% -$4.5M
2017 Q2
6 quarters
CEF icon
22
Sprott Physical Gold and Silver Trust
CEF
$7.08B
$971K 0.23%
77,621
-407,058
-84% -$4.83M
2017 Q2
6 quarters
EAGLU icon
23
DELISTED
Platinum Eagle Acquisition Corp. Unit
EAGLU
$920K 0.22%
87,157
-63,443
-42% -$661K
2018 Q1
3 quarters
CEFS icon
24
Saba Opportunistically Hedged Closed-End Funds ETF
CEFS
$422M
$580K 0.14%
+30,700
New +$580K
2018 Q4
0 quarters
SPY icon
25
State Street SPDR S&P 500 ETF Trust
SPY
$818B
$575K 0.14%
+2,300
New +$620K
2018 Q4
0 quarters
1
2 3 4 5

Similar funds

SFM
Signature Financial Management Norfolk, Virginia $416M AUM 8.59% 1-Year Est. Return
BTNA
Bremer Trust National Association St. Cloud, Minnesota $458M AUM 5.5% 1-Year Est. Return
NCMW
Northern Capital Management (Wisconsin) Madison, Wisconsin $373M AUM 11.01% 1-Year Est. Return
EA
Evanston Advisors Schaumburg, Illinois $368M AUM 7.83% 1-Year Est. Return
MCTIC
MacGuire Cheswick & Tuttle Investment Counsel Darien, Connecticut $477M AUM 1.17% 1-Year Est. Return
GCP
Garelick Capital Partners Boston, Massachusetts $359M AUM 31.52% 1-Year Est. Return
PC
Precocity Capital Stamford, Connecticut $352M AUM 21.79% 1-Year Est. Return
CLM
ClearBridge LLC (Maryland) Baltimore, Maryland $329M AUM 9.73% 1-Year Est. Return

Opera Trading Capital's Q4 2018 Portfolio in Review

As of Q4 2018, Opera Trading Capital held 196 positions worth $419M, down 21% from $530M the previous quarter. Its ten largest holdings account for 39% of the portfolio.

Opera Trading Capital withdrew a net $328M in Q4 2018, closing 109 positions and reducing 16 holdings. Its most notable exit was Hess Corporation, an estimated $8.63M position sold in full.

By sector, the portfolio is most concentrated in Miscellaneous at 96% of assets, up from 90% a quarter earlier, followed by Consumer Discretionary and Healthcare.

Against the trend, Opera Trading Capital opened a new position in Fortive Corporation 5.00% Mandatory Convertible Preferred Stock, Series A worth $11.8M.

  • Opera Trading Capital's largest Q4 2018 buy was Fortive Corporation 5.00% Mandatory Convertible Preferred Stock, Series A: 13,000 shares worth $11.8M.
  • Opera Trading Capital added most to SodaStream International Ltd in Q4 2018, an estimated $6.34M increase.
  • Opera Trading Capital's biggest Q4 2018 reduction was DTE Energy Company 2016 Corporate Units, cutting an estimated $8.01M.
  • Opera Trading Capital fully exited Hess Corporation in Q4 2018, selling an estimated $8.63M.
  • Opera Trading Capital's ten largest holdings make up 39% of its $419M portfolio in Q4 2018.
  • Opera Trading Capital opened 19 new positions and closed 109 in Q4 2018.
  • Opera Trading Capital's portfolio value fell 21% quarter-over-quarter to $419M.

Based on Opera Trading Capital's 13F filing for Q4 2018, filed 22 Jan 2019.