We are live on ! Find out more
OTC

Opera Trading Capital Portfolio holdings

AUM $419M
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

Top Buys

1
FTV.PRA
Fortive Corporation 5.00% Mandatory Convertible Preferred Stock, Series A
FTV.PRA
+$12.8M
2
CNP.PRB
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
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

1
HES.PRA
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

1 Consumer Discretionary 2.2%
2 Healthcare 0.79%
3 Real Estate 0.39%
4 Consumer Staples 0.25%
5 Industrials 0.23%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
FAS icon
51
Direxion Daily Financial Bull 3x ETF
FAS
$2.45B
$37K 0.01%
106
– –
FEZ icon
52
State Street SPDR EURO STOXX 50 ETF
FEZ
$4.29B
$33K 0.01%
999
-1,170
-54% -$41.1K
IGV icon
53
iShares Expanded Tech-Software Sector ETF
IGV
$13.8B
$18K ﹤0.01%
520
– –
HLF icon
54
Herbalife
HLF
$1.24B
$17K ﹤0.01%
288
– –
ENB icon
55
Enbridge
ENB
$124B
$5K ﹤0.01%
+175
New +$5.63K
AAPL icon
56
Apple
AAPL
$4.9T
– –
-11,388
Closed -$643K
ADBE icon
57
Adobe
ADBE
$94.3B
– –
-11
Closed -$3K
ADX icon
58
Adams Diversified Equity Fund
ADX
$3.18B
– –
-12,201
Closed -$203K
AGIO icon
59
Agios Pharmaceuticals
AGIO
$2.36B
– –
-4,847
Closed -$374K
ALNY icon
60
Alnylam Pharmaceuticals
ALNY
$35.7B
– –
-1,562
Closed -$137K
AMZN icon
61
Amazon
AMZN
$2.66T
– –
-9,600
Closed -$961K
BATRA icon
62
Atlanta Braves Holdings Series A
BATRA
$3.63B
– –
-1,458
Closed -$40K
BHC icon
63
Bausch Health
BHC
$1.8B
– –
-70,000
Closed -$1.8M
BMRN icon
64
BioMarin Pharmaceuticals
BMRN
$11.5B
– –
-13,400
Closed -$1.3M
BURL icon
65
Burlington
BURL
$21.7B
– –
-1,500
Closed -$244K
C icon
66
Citigroup
C
$217B
– –
-546
Closed -$39K
CAG icon
67
Conagra Brands
CAG
$6.83B
– –
-8,750
Closed -$297K
CDTX
68
DELISTED
Cidara Therapeutics
CDTX
– –
-188
Closed -$17K
CENTA icon
69
Central Garden & Pet Co Class A
CENTA
$2.4B
– –
-12,255
Closed -$325K
CME icon
70
CME Group
CME
$88.5B
– –
-64
Closed -$11K
CRM icon
71
Salesforce
CRM
$140B
– –
-10
Closed -$2K
CUK
72
DELISTED
Carnival PLC
CUK
– –
-4,377
Closed -$276K
DOCU
73
DocuSign
DOCU
$10.1B
– –
-1,912
Closed -$101K
DSU icon
74
BlackRock Debt Strategies Fund
DSU
$595M
– –
-31,965
Closed -$356K
DXC icon
75
DXC Technology
DXC
$1.53B
– –
-83
Closed -$8K
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 Consumer Discretionary at 2.2% of assets, up from 1.1% a quarter earlier, followed by Healthcare and Real Estate.

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.