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
+11.61%
1 Year Est. Return
+66.93%
3 Year Est. Return
+159.53%
5 Year Est. Return
+126.53%
10 Year Est. Return
–
AUM
$254M
AUM Growth
+$4.73M
Cap. Flow
-$20.1M
Cap. Flow %
-7.92%
Top 10 Hldgs %
81.57%
Holding
29
New
2
Increased
5
Reduced
12
Closed
4

Top Buys

Rank Stock Value
1
RM icon
Regional Management Corp
RM
+$10.9M
2
TRTN
Triton International Limited
TRTN
+$6.15M
3
PNC icon
PNC Financial Services
PNC
+$5.53M
4
BANC icon
Banc of California
BANC
+$2.19M
5
MFIN icon
Medallion Financial
MFIN
+$328K

Top Sells

Rank Stock Value
1
NEWS
NewStar Financial, Inc.
NEWS
+$15.8M
2
CASH icon
Pathward Financial
CASH
+$6.61M
3
BAC.WS.A
Bank Of America Corporation Ws A
BAC.WS.A
+$4.88M
4
ZIONW
Zions Bancorporation N.A. Warrants
ZIONW
+$3.44M
5
ECPG icon
Encore Capital Group
ECPG
+$3.06M

Sector Composition

Rank Sector Weight
1 Financials 72.15%
2 Consumer Discretionary 17.2%
3 Miscellaneous 7.58%
4 Industrials 3.07%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
C icon
26
Citigroup
C
$231B
– –
-15,000
Closed -$1.09M
BAC.WS.B
27
DELISTED
Bank Of America Corporation Ws B
BAC.WS.B
– –
-441,000
Closed -$345K
NEWS
28
DELISTED
NewStar Financial, Inc.
NEWS
– –
-1,345,349
Closed -$15.8M
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 Q4 2017 Portfolio in Review

As of Q4 2017, Second Curve Capital held 29 positions worth $254M, up 1.9% from $249M the previous quarter. Its ten largest holdings account for 82% of the portfolio.

Second Curve Capital withdrew a net $20.1M in Q4 2017, closing 4 positions and reducing 12 holdings. Its most notable exit was NewStar Financial, Inc., an estimated $15.8M position sold in full.

By sector, the portfolio is most concentrated in Financials at 72% of assets, down from 75% a quarter earlier, followed by Consumer Discretionary and Miscellaneous.

Against the trend, Second Curve Capital opened a new position in PNC Financial Services worth $5.77M.

  • Second Curve Capital's largest Q4 2017 buy was PNC Financial Services: 40,000 shares worth $5.77M.
  • Second Curve Capital added most to Regional Management Corp in Q4 2017, an estimated $10.9M increase.
  • Second Curve Capital's biggest Q4 2017 reduction was Pathward Financial, cutting an estimated $6.61M.
  • Second Curve Capital fully exited NewStar Financial, Inc. in Q4 2017, selling an estimated $15.8M.
  • Second Curve Capital's ten largest holdings make up 82% of its $254M portfolio in Q4 2017.
  • Second Curve Capital opened 2 new positions and closed 4 in Q4 2017.
  • Second Curve Capital's portfolio value rose 1.9% quarter-over-quarter to $254M.

Based on Second Curve Capital's 13F filing for Q4 2017, filed 14 Feb 2018.