We are live on ! Find out more
SCC

Second Curve Capital Portfolio holdings

AUM $93.1M
1-Year Est. Return 66.93%
This Fund
S&P 500
This Quarter Est. Return
-0.21%
1 Year Est. Return
+66.93%
3 Year Est. Return
+159.53%
5 Year Est. Return
+126.53%
10 Year Est. Return
–
AUM
$253M
AUM Growth
+$6.54M
Cap. Flow
+$11.4M
Cap. Flow %
4.5%
Top 10 Hldgs %
72.73%
Holding
28
New
3
Increased
13
Reduced
4
Closed
4

Top Buys

Rank Stock Value
1
TSC
TriState Capital Holdings, Inc.
TSC
+$4.69M
2
OFG icon
OFG Bancorp
OFG
+$3.9M
3
CASH icon
Pathward Financial
CASH
+$3.11M
4
SGM
Stonegate Mortgage Corporation
SGM
+$3.03M
5
WLH
WILLIAM LYON HOMES
WLH
+$2.69M

Top Sells

Rank Stock Value
1
NEWS
NewStar Financial, Inc.
NEWS
+$8.72M
2
FBP icon
First Bancorp
FBP
+$3.97M
3
TREE icon
LendingTree
TREE
+$2.91M
4
RM icon
Regional Management Corp
RM
+$582K
5
PRAA icon
PRA Group
PRAA
+$406K

Sector Composition

Rank Sector Weight
1 Financials 68.94%
2 Consumer Discretionary 18.3%
3 Miscellaneous 8.48%
4 Industrials 2.87%
5 Real Estate 1.4%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
PRAA icon
26
PRA Group
PRAA
$716M
– –
-7,000
Closed -$406K
OMCC
27
DELISTED
Old Market Capital Corp
OMCC
– –
-15,000
Closed -$224K
WAC
28
DELISTED
Walter Investment Mgt Corp
WAC
– –
-10,000
Closed -$165K
1
2

Similar funds

MTM
Millennium TVP Management New York $93.1M AUM 35.8% 1-Year Est. Return
CG1
Canvas GP 1 Portola Valley, California $95.3M AUM
LMAM
Legg Mason Asset Management Tokyo, Japan $90.5M AUM 28.21% 1-Year Est. Return
VIA
Vantis Investment Advisers Miami, Florida $96.6M AUM 2.92% 1-Year Est. Return
ST
Sphinx Trading Chicago, Illinois $98M AUM
MI
Markston International White Plains, New York $99.1M AUM 27.9% 1-Year Est. Return
MCS
Metatron Capital SICAV Mriehel, Malta $105M AUM
BCM
Billings Capital Management Arlington, Virginia $79.3M AUM 37.63% 1-Year Est. Return

Second Curve Capital's Q1 2015 Portfolio in Review

As of Q1 2015, Second Curve Capital held 28 positions worth $253M, up 2.7% from $247M the previous quarter. Its ten largest holdings account for 73% of the portfolio.

Second Curve Capital deployed $11.4M of net new capital in Q1 2015, opening 3 new positions and adding to 13 existing holdings. Its largest new stake was TriState Capital Holdings, Inc.: 469,544 shares worth $4.92M.

By sector, the portfolio is most concentrated in Financials at 69% of assets, down from 71% a quarter earlier, followed by Consumer Discretionary and Miscellaneous.

On the sell side, the largest reduction was NewStar Financial, Inc., an estimated $8.72M trimmed.

  • Second Curve Capital's largest Q1 2015 buy was TriState Capital Holdings, Inc.: 469,544 shares worth $4.92M.
  • Second Curve Capital added most to OFG Bancorp in Q1 2015, an estimated $3.9M increase.
  • Second Curve Capital's biggest Q1 2015 reduction was NewStar Financial, Inc., cutting an estimated $8.72M.
  • Second Curve Capital fully exited PRA Group in Q1 2015, selling an estimated $406K.
  • Second Curve Capital's ten largest holdings make up 73% of its $253M portfolio in Q1 2015.
  • Second Curve Capital opened 3 new positions and closed 4 in Q1 2015.
  • Second Curve Capital's portfolio value rose 2.7% quarter-over-quarter to $253M.

Based on Second Curve Capital's 13F filing for Q1 2015, filed 13 May 2015.