P2P

Phase 2 Partners Portfolio holdings

AUM $133M
1-Year Return 30.49%
This Quarter Return
-4.52%
1 Year Return
+30.49%
3 Year Return
+25.2%
5 Year Return
–
10 Year Return
–
AUM
$166M
AUM Growth
-$25.1M
Cap. Flow
-$18.5M
Cap. Flow %
-11.13%
Top 10 Hldgs %
53.13%
Holding
39
New
12
Increased
6
Reduced
9
Closed
12

Top Buys

1
EZPW icon
Ezcorp Inc
EZPW
$9.54M
2
HHH icon
Howard Hughes
HHH
$9.43M
3
NOAH
Noah Holdings
NOAH
$6M
4
GRBK icon
Green Brick Partners
GRBK
$5.18M
5
WLFC icon
Willis Lease Finance
WLFC
$4.88M

Top Sells

1
FLYW icon
Flywire
FLYW
$10.5M
2
BXP icon
Boston Properties
BXP
$9.6M
3
FHI icon
Federated Hermes
FHI
$8.1M
4
ENV
ENVESTNET, INC.
ENV
$6.46M
5
ALL icon
Allstate
ALL
$6.18M

Sector Composition

1 Financials 53.29%
2 Real Estate 18.4%
3 Technology 14.7%
4 Industrials 5.47%
5 Communication Services 4.95%
Name Market Value Portfolio Weight Shares or Principal Shares
Change % 		Capital Flow
IMXI icon
26
International Money Express
IMXI
$433M
$2.12M 1.27%
+101,665
New +$2.12M
GCMGW icon
27
GCM Grosvenor Inc. Warrant
GCMGW
$31.3M
$133K 0.08%
+271,048
New +$133K
AB icon
28
AllianceBernstein
AB
$4.35B
– –
-136,376
Closed -$4.74M
ALL icon
29
Allstate
ALL
$54.8B
– –
-35,724
Closed -$6.18M
BRDG
30
DELISTED
Bridge Investment Group
BRDG
– –
-408,543
Closed -$2.8M
BXP icon
31
Boston Properties
BXP
$11.8B
– –
-147,012
Closed -$9.6M
CG icon
32
Carlyle Group
CG
$23.4B
– –
-107,830
Closed -$5.06M
FCFS icon
33
FirstCash
FCFS
$6.68B
– –
-47,199
Closed -$6.02M
FHI icon
34
Federated Hermes
FHI
$4.13B
– –
-224,165
Closed -$8.1M
FLYW icon
35
Flywire
FLYW
$1.6B
– –
-421,229
Closed -$10.5M
LAZ icon
36
Lazard
LAZ
$5.32B
– –
-64,704
Closed -$2.71M
NLY icon
37
Annaly Capital Management
NLY
$14B
– –
-260,174
Closed -$5.12M
TMHC icon
38
Taylor Morrison
TMHC
$6.87B
– –
-87,306
Closed -$5.43M
ENV
39
DELISTED
ENVESTNET, INC.
ENV
– –
-111,497
Closed -$6.46M
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