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
-33.21%
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
$1.56B
AUM Growth
+$433M
(+38%)
Cap. Flow
+$1.09B
Cap. Flow
% of AUM
69.73%
Top 10 Holdings %
Top 10 Hldgs %
91.02%
Holding
17
New
7
Increased
7
Reduced
–
Closed
3
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
CSOD
Cornerstone OnDemand, Inc.
CSOD
|
+$192M |
| 2 |
Mastercard
MA
|
+$179M |
| 3 |
Axalta
AXTA
|
+$178M |
| 4 |
Booking.com
BKNG
|
+$153M |
| 5 |
Cinemark Holdings
CNK
|
+$128M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Equinix
EQIX
|
+$134M |
| 2 |
INST
Instructure, Inc.
INST
|
+$94.7M |
| 3 |
INXN
Interxion Holding N.V.
INXN
|
+$42.9M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 43.28% |
| 2 | Technology | 15.4% |
| 3 | Consumer Staples | 13.05% |
| 4 | Financials | 9.32% |
| 5 | Materials | 7.7% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Booking.com
BKNG
$150B
| $208M | 13.32% |
3,866,250
+2,178,750
| +129% | +$153M |
|
2
Dollar Tree
DLTR
$24.7B
| $204M | 13.05% |
2,775,000
+886,700
| +47% | +$75.5M |
|
|
SEE
3
DELISTED
Sealed Air
SEE
| $190M | 12.19% |
7,704,093
+3,060,200
| +66% | +$99.9M |
|
|
4
Mastercard
MA
$510B
| $146M | 9.32% |
+602,550
| New | +$179M |
|
5
TE Connectivity
TEL
$59.9B
| $132M | 8.45% |
2,094,859
+1,215,159
| +138% | +$104M |
|
|
CSOD
6
DELISTED
Cornerstone OnDemand, Inc.
CSOD
| $125M | 7.98% |
+3,925,000
| New | +$192M |
|
|
7
Axalta
AXTA
$7.71B
| $120M | 7.7% |
+6,967,492
| New | +$178M |
|
8
Crown Holdings
CCK
$12.9B
| $102M | 6.55% |
1,762,567
+325,850
| +23% | +$22.7M |
|
9
Evertec
EVTC
$1.95B
| $102M | 6.55% |
4,497,822
+1,871,900
| +71% | +$57.4M |
|
10
Ulta Beauty
ULTA
$22.2B
| $92.3M | 5.91% |
525,610
+215,260
| +69% | +$53.7M |
|
11
O'Reilly Automotive
ORLY
$71.3B
| $54.2M | 3.47% |
+2,700,000
| New | +$69M |
|
|
12
Cinemark Holdings
CNK
$4.19B
| $50.9M | 3.26% |
+4,996,973
| New | +$128M |
|
13
Five Below
FIVE
$12.1B
| $28.8M | 1.84% |
+408,750
| New | +$41.6M |
|
14
BlackLine
BL
$1.8B
| $6.37M | 0.41% |
+121,095
| New | +$7.08M |
|
|
15
Equinix
EQIX
$103B
| – | – |
-229,350
| Closed | -$134M |
|
|
INST
16
DELISTED
Instructure, Inc.
INST
| – | – |
-1,964,935
| Closed | -$94.7M |
|
|
INXN
17
DELISTED
Interxion Holding N.V.
INXN
| – | – |
-512,358
| Closed | -$42.9M |
|
Similar funds
SAMU
SFG
EECFV
TAI
SHWA
AFA
KCM
RAM
Rivulet Capital's Q1 2020 Portfolio in Review
As of Q1 2020, Rivulet Capital held 17 positions worth $1.56B, up 38% from $1.13B the previous quarter. Its ten largest holdings account for 91% of the portfolio.
Rivulet Capital deployed $1.09B of net new capital in Q1 2020, opening 7 new positions and adding to 7 existing holdings. Its largest new stake was Cornerstone OnDemand, Inc.: 3,925,000 shares worth $125M.
By sector, the portfolio is most concentrated in Consumer Discretionary at 43% of assets, down from 45% a quarter earlier, followed by Technology and Consumer Staples.
On the sell side, the most notable exit was Equinix, an estimated $134M sold.
- Rivulet Capital's largest Q1 2020 buy was Cornerstone OnDemand, Inc.: 3,925,000 shares worth $125M.
- Rivulet Capital added most to Booking.com in Q1 2020, an estimated $153M increase.
- Rivulet Capital fully exited Equinix in Q1 2020, selling an estimated $134M.
- Rivulet Capital's ten largest holdings make up 91% of its $1.56B portfolio in Q1 2020.
- Rivulet Capital opened 7 new positions and closed 3 in Q1 2020.
- Rivulet Capital's portfolio value rose 38% quarter-over-quarter to $1.56B.
Based on Rivulet Capital's 13F filing for Q1 2020, filed 15 May 2020.