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
+10.57%
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
$1.52B
AUM Growth
-$110M
Cap. Flow
-$239M
Cap. Flow %
-15.72%
Top 10 Hldgs %
93.77%
Holding
15
New
1
Increased
2
Reduced
4
Closed
3

Top Buys

Rank Stock Value
1
INTU icon
Intuit
INTU
+$69.8M
2
NICE icon
Nice
NICE
+$23.1M
3
PTC icon
PTC
PTC
+$22.3M

Top Sells

Rank Stock Value
1
PYPL icon
PayPal
PYPL
+$96.4M
2
AXTA icon
Axalta
AXTA
+$89M
3
CLVT icon
Clarivate
CLVT
+$57.8M
4
FIVE icon
Five Below
FIVE
+$33.5M
5
FIS icon
Fidelity National Information Services
FIS
+$32.5M

Sector Composition

Rank Sector Weight
1 Technology 59.74%
2 Financials 15.76%
3 Healthcare 12.86%
4 Consumer Discretionary 8.75%
5 Consumer Staples 2.89%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
WDAY icon
1
Workday
WDAY
$39B
$231M 15.23%
1,119,150
– –
NICE icon
2
Nice
NICE
$5.79B
$225M 14.8%
981,250
+110,000
+13% +$23.1M
ATR icon
3
AptarGroup
ATR
$8.54B
$195M 12.86%
1,651,500
– –
MA icon
4
Mastercard
MA
$510B
$166M 10.95%
457,157
– –
FIVE icon
5
Five Below
FIVE
$12.1B
$133M 8.75%
644,700
-170,000
-21% -$33.5M
FISV
6
Fiserv Inc
FISV
$28.8B
$132M 8.67%
1,164,800
-250,000
-18% -$27.5M
FIS icon
7
Fidelity National Information Services
FIS
$23.8B
$98.9M 6.51%
1,819,700
-500,000
-22% -$32.5M
PTC icon
8
PTC
PTC
$15.7B
$94.1M 6.2%
733,800
+175,000
+31% +$22.3M
INTU icon
9
Intuit
INTU
$86.3B
$75.8M 4.99%
+170,000
New +$69.8M
DNB
10
DELISTED
Dun & Bradstreet
DNB
$73M 4.81%
6,218,500
– –
FICO icon
11
Fair Isaac
FICO
$24.6B
$50.6M 3.33%
72,000
-25,550
-26% -$17M
DLTR icon
12
Dollar Tree
DLTR
$24.7B
$43.9M 2.89%
306,003
– –
AXTA icon
13
Axalta
AXTA
$7.71B
– –
-3,493,823
Closed -$89M
CLVT icon
14
Clarivate
CLVT
$1.29B
– –
-6,929,450
Closed -$57.8M
PYPL icon
15
PayPal
PYPL
$49.3B
– –
-1,353,100
Closed -$96.4M

Similar funds

SAMU
Stenham Asset Management UK London $89.8M AUM
SFG
Skyview Financial Group Ponte Vedra Beach, Florida $96.9M AUM
EECFV
EnCap Energy Capital Fund VIII Houston, Texas $84.9M AUM 18.68% 1-Year Est. Return
TAI
Terra Alpha Investments Washington, District of Columbia $97.7M AUM 11.42% 1-Year Est. Return
SHWA
Safe Harbor Wealth Advisors Dublin, Ohio $103M AUM
AFA
Aznar Financial Advisors Morris Plains, New Jersey $104M AUM
KCM
Kempner Capital Management Galveston, Texas $106M AUM 29.1% 1-Year Est. Return
RAM
RK Asset Management Grosse Pointe Farms, Michigan $106M AUM 0.38% 1-Year Est. Return

Rivulet Capital's Q1 2023 Portfolio in Review

As of Q1 2023, Rivulet Capital held 15 positions worth $1.52B, down 6.8% from $1.63B the previous quarter. Its ten largest holdings account for 94% of the portfolio.

Rivulet Capital withdrew a net $239M in Q1 2023, closing 3 positions and reducing 4 holdings. Its most notable exit was PayPal, an estimated $96.4M position sold in full.

By sector, the portfolio is most concentrated in Technology at 60% of assets, up from 52% a quarter earlier, followed by Financials and Healthcare.

Against the trend, Rivulet Capital opened a new position in Intuit worth $75.8M.

  • Rivulet Capital's largest Q1 2023 buy was Intuit: 170,000 shares worth $75.8M.
  • Rivulet Capital added most to Nice in Q1 2023, an estimated $23.1M increase.
  • Rivulet Capital's biggest Q1 2023 reduction was Five Below, cutting an estimated $33.5M.
  • Rivulet Capital fully exited PayPal in Q1 2023, selling an estimated $96.4M.
  • Rivulet Capital's ten largest holdings make up 94% of its $1.52B portfolio in Q1 2023.
  • Rivulet Capital opened 1 new position and closed 3 in Q1 2023.
  • Rivulet Capital's portfolio value fell 6.8% quarter-over-quarter to $1.52B.

Based on Rivulet Capital's 13F filing for Q1 2023, filed 15 May 2023.