Opera Trading Capital Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
NBR.PRA
Nabors Industries Ltd. 6.00% Mandatory Convertible Preferred Shares, Series A
NBR.PRA
|
+$13.3M |
| 2 |
VXX
iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019
VXX
|
+$11.6M |
| 3 |
HES.PRA
Hess Corporation
HES.PRA
|
+$9.19M |
| 4 |
SJIU
South Jersey Industries, Inc.
SJIU
|
+$8.55M |
| 5 |
DYNC
Vistra Energy Corp.
DYNC
|
+$8.43M |
Top Sells
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Communication Services | 2.95% |
| 2 | Consumer Discretionary | 0.95% |
| 3 | Healthcare | 0.6% |
| 4 | Financials | 0.51% |
| 5 | Consumer Staples | 0.49% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
151
Steris
STE
$21B
| $0 | ﹤0.01% |
+2
| New | +$201 |
|
152
Voya Financial
VOYA
$9B
| – | – |
-16,000
| Closed | -$808 |
|
153
Vistra
VST
$53.2B
| – | – |
-400
| Closed | -$8 |
|
154
Xcel Energy
XEL
$49.1B
| – | – |
-1,100
| Closed | -$50 |
|
|
ATH
155
DELISTED
Athene Holding Ltd. Class A Common Shares
ATH
| – | – |
-206,151
| Closed | -$9.86K |
|
|
AIZP
156
DELISTED
Assurant, Inc. 6.50% Series D Mandatory Convertible Preferred Stock, $1.00 par value
AIZP
| – | – |
-160,000
| Closed | -$16.5K |
|
|
AABA
157
DELISTED
Altaba Inc
AABA
| – | – |
-18,976
| Closed | -$1.41K |
|
|
MON
158
DELISTED
Monsanto Co
MON
| – | – |
-7,992
| Closed | -$933 |
|
|
STB
159
DELISTED
Student Transportation Inc
STB
| – | – |
-667,000
| Closed | -$5K |
|
|
SIVB
160
DELISTED
SVB Financial Group
SIVB
| – | – |
-7,000
| Closed | -$1.68K |
|
|
HAWK
161
DELISTED
Blackhawk Network Holdings, Inc. Common Stock
HAWK
| – | – |
-10,000
| Closed | -$447 |
|
Similar funds
Opera Trading Capital's Q2 2018 Portfolio in Review
As of Q2 2018, Opera Trading Capital held 199 positions worth $627M, up 48,375% from $1.29M the previous quarter. Its ten largest holdings account for 37% of the portfolio.
Opera Trading Capital deployed $29.1M of net new capital in Q2 2018, opening 43 new positions and adding to 14 existing holdings. Its largest new stake was Nabors Industries Ltd. 6.00% Mandatory Convertible Preferred Shares, Series A: 270,000 shares worth $12.3M.
By sector, the portfolio is most concentrated in Communication Services at 2.9% of assets, up from 1.6% a quarter earlier, followed by Consumer Discretionary and Healthcare.
On the sell side, the largest reduction was Becton, Dickinson and Company Depositary Shares, each Representing a 1/20th Interest in a Share of 6, an estimated $18.8M trimmed.
- Opera Trading Capital's largest Q2 2018 buy was Nabors Industries Ltd. 6.00% Mandatory Convertible Preferred Shares, Series A: 270,000 shares worth $12.3M.
- Opera Trading Capital added most to iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019 in Q2 2018, an estimated $11.6M increase.
- Opera Trading Capital's biggest Q2 2018 reduction was Becton, Dickinson and Company Depositary Shares, each Representing a 1/20th Interest in a Share of 6, cutting an estimated $18.8M.
- Opera Trading Capital fully exited Assurant, Inc. 6.50% Series D Mandatory Convertible Preferred Stock, $1.00 par value in Q2 2018, selling an estimated $16.5K.
- Opera Trading Capital's ten largest holdings make up 37% of its $627M portfolio in Q2 2018.
- Opera Trading Capital opened 43 new positions and closed 33 in Q2 2018.
- Opera Trading Capital's portfolio value rose 48,375% quarter-over-quarter to $627M.
Based on Opera Trading Capital's 13F filing for Q2 2018, filed 10 Aug 2018.