We are live on
!
Find out more
RC
Rivulet Capital Portfolio holdings
AUM
$91.2M
1-Year Est. Return
6.8%
This Fund
S&P 500
This Quarter
Est. Return
+3.5%
1 Year Est. Return
-6.8%
3 Year Est. Return
+27.38%
5 Year Est. Return
+23.68%
10 Year Est. Return
+190.02%
AUM
$878M
AUM Growth
-$35.8M
(-3.9%)
Cap. Flow
-$59.7M
Cap. Flow
% of AUM
-6.79%
Top 10 Holdings %
Top 10 Hldgs %
97.9%
Holding
14
New
1
Increased
5
Reduced
5
Closed
3
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
SBA Communications
SBAC
|
+$64.2M |
| 2 |
Equinix
EQIX
|
+$42.1M |
| 3 |
O'Reilly Automotive
ORLY
|
+$27.6M |
| 4 |
VISN
Vistance Networks Inc
VISN
|
+$3.6M |
| 5 |
Nice
NICE
|
+$2.56M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
AutoZone
AZO
|
+$47.7M |
| 2 |
Liberty Global Class A
LBTYA
|
+$46.3M |
| 3 |
American Tower
AMT
|
+$45.2M |
| 4 |
Dell
DELL
|
+$33.2M |
| 5 |
Evertec
EVTC
|
+$12M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 37.61% |
| 2 | Communication Services | 29.64% |
| 3 | Real Estate | 18.47% |
| 4 | Consumer Discretionary | 9.33% |
| 5 | Consumer Staples | 4.94% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
VISN
1
Vistance Networks Inc
VISN
$2.64B
| $153M | 17.4% |
3,823,524
+92,241
| +2% | +$3.6M |
|
|
2
SBA Communications
SBAC
$19.3B
| $120M | 13.71% |
704,400
+387,300
| +122% | +$64.2M |
|
|
3
Nice
NICE
$5.79B
| $116M | 13.24% |
1,238,120
+27,500
| +2% | +$2.56M |
|
|
INXN
4
DELISTED
Interxion Holding N.V.
INXN
| $108M | 12.35% |
1,746,274
+11,200
| +0.6% | +$668K |
|
5
Cinemark Holdings
CNK
$4.19B
| $103M | 11.74% |
2,736,391
-122,825
| -4% | -$4.66M |
|
|
6
O'Reilly Automotive
ORLY
$71.3B
| $82M | 9.33% |
4,970,400
+1,629,000
| +49% | +$27.6M |
|
|
7
Evertec
EVTC
$1.95B
| $61.2M | 6.97% |
3,741,923
-765,382
| -17% | -$12M |
|
8
Nomad Foods
NOMD
$1.73B
| $43.4M | 4.94% |
2,755,543
-206,100
| -7% | -$3.41M |
|
|
9
Equinix
EQIX
$103B
| $41.8M | 4.76% |
+100,000
| New | +$42.1M |
|
|
10
Liberty Global Class A
LBTYA
$3.56B
| $30.3M | 3.45% |
968,481
-1,340,119
| -58% | -$46.3M |
|
|
HMHC
11
DELISTED
Houghton Mifflin Harcourt Company
HMHC
| $18.4M | 2.1% |
2,654,521
-987,574
| -27% | -$7.81M |
|
|
12
American Tower
AMT
$81.3B
| – | – |
-317,100
| Closed | -$45.2M |
|
|
13
AutoZone
AZO
$49.1B
| – | – |
-67,000
| Closed | -$47.7M |
|
|
14
Dell
DELL
$262B
| – | – |
-1,455,583
| Closed | -$33.2M |
|
Similar funds
SAMU
SFG
EECFV
TAI
SHWA
AFA
KCM
RAM
Rivulet Capital's Q1 2018 Portfolio in Review
As of Q1 2018, Rivulet Capital held 14 positions worth $878M, down 3.9% from $914M the previous quarter. Its ten largest holdings account for 98% of the portfolio.
Rivulet Capital withdrew a net $59.7M in Q1 2018, closing 3 positions and reducing 5 holdings. Its most notable exit was AutoZone, an estimated $47.7M position sold in full.
By sector, the portfolio is most concentrated in Technology at 38% of assets, down from 38% a quarter earlier, followed by Communication Services and Real Estate.
Against the trend, Rivulet Capital opened a new position in Equinix worth $41.8M.
- Rivulet Capital's largest Q1 2018 buy was Equinix: 100,000 shares worth $41.8M.
- Rivulet Capital added most to SBA Communications in Q1 2018, an estimated $64.2M increase.
- Rivulet Capital's biggest Q1 2018 reduction was Liberty Global Class A, cutting an estimated $46.3M.
- Rivulet Capital fully exited AutoZone in Q1 2018, selling an estimated $47.7M.
- Rivulet Capital's ten largest holdings make up 98% of its $878M portfolio in Q1 2018.
- Rivulet Capital opened 1 new position and closed 3 in Q1 2018.
- Rivulet Capital's portfolio value fell 3.9% quarter-over-quarter to $878M.
Based on Rivulet Capital's 13F filing for Q1 2018, filed 14 May 2018.