We are live on ! Find out more
SCM

Shoals Capital Management Portfolio holdings

AUM $21.5M Turnover 93.75%
1-Year Est. Return 38.8%
This Fund
S&P 500
This Quarter Est. Return
-42.74%
1 Year Est. Return
-38.8%
3 Year Est. Return
–
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$21.5M
AUM Growth
-$80.7M
Cap. Flow
-$84M
Cap. Flow %
-390.36%
Top 10 Hldgs %
100%
Holding
16
New
1
Increased
–
Reduced
1
Closed
14
Avg Time Held Equity + Options
0.6 years
Top 10 Avg Time Held Equity + Options
0.6 years
Top 20 Avg Time Held Equity + Options
0.6 years
Avg Time Held Equity only
1.3 years
Top 10 Avg Time Held Equity only
1.3 years
Top 20 Avg Time Held Equity only
1.3 years

Top Buys

No buys this quarter

Top Sells

Rank Stock Value
1
CONE
CyrusOne Inc Common Stock
CONE
+$10.5M
2
BPOP icon
Popular Inc
BPOP
+$10M
3
RPT icon
Rithm Property Trust
RPT
+$9.6M
4
OCSL icon
Oaktree Specialty Lending
OCSL
+$8.22M
5
HWC icon
Hancock Whitney
HWC
+$8.12M

Sector Composition

Rank Sector Weight
1 Miscellaneous 54.44%
2 Real Estate 45.56%
3 Financials 0%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow Held Since
SPY icon
1
PUT
State Street SPDR S&P 500 ETF Trust
SPY
$820B
$11.7M 54.44%
+17,500
New +$5.34M
2020 Q1
0 quarters
JCAP icon
2
DELISTED
Jernigan Capital, Inc.
JCAP
$9.8M 45.56%
894,861
-205,139
-19% -$3.61M
2018 Q4
5 quarters
BPOP icon
3
Popular Inc
BPOP
$10.1B
– –
-170,000
Closed -$10M –
FBP icon
4
First Bancorp
FBP
$4.17B
– –
-750,000
Closed -$7.94M –
HWC icon
5
Hancock Whitney
HWC
$5.86B
– –
-185,000
Closed -$8.12M –
HYG icon
6
PUT
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$16.9B
– –
-10,000
Closed -$375K –
IWM icon
7
PUT
iShares Russell 2000 ETF
IWM
$78B
– –
-6,750
Closed -$108K –
KRE icon
8
PUT
State Street SPDR S&P Regional Banking ETF
KRE
$3.41B
– –
-16,250
Closed -$236K –
LXP icon
9
LXP Industrial Trust
LXP
$3.6B
– –
-152,000
Closed -$8.07M –
OCSL icon
10
Oaktree Specialty Lending
OCSL
$1000M
– –
-501,672
Closed -$8.22M –
RPT icon
11
Rithm Property Trust
RPT
$83.2M
– –
-112,126
Closed -$9.6M –
CONE
12
DELISTED
CyrusOne Inc Common Stock
CONE
– –
-160,000
Closed -$10.5M –
QTS.PRB
13
DELISTED
QTS Realty Trust, Inc. 6.50% Series B Cumulative Convertible Perpetual Preferred Stock
QTS.PRB
– –
-50,000
Closed -$6.46M –
MDLY
14
DELISTED
Medley Management Inc
MDLY
– –
-11,200
Closed -$332K –
COWN
15
DELISTED
Cowen Inc. Class A Common Stock
COWN
– –
-184,103
Closed -$2.9M –

Similar funds

CC
Caldera Capital Dallas, Texas $18.2M AUM 9.11% 1-Year Est. Return
ABC
Anchor Bolt Capital Chicago, Illinois $18M AUM 26.14% 1-Year Est. Return
GP
Gresham Partners Chicago, Illinois $26.2M AUM 18.05% 1-Year Est. Return
JA
JVL Advisors Houston, Texas $14.6M AUM 82.81% 1-Year Est. Return
BIM
Beach Investment Management West Conshohocken, Pennsylvania $28.8M AUM 11.57% 1-Year Est. Return
SC
Salzman & Co Pittsford, New York $29.7M AUM 12.12% 1-Year Est. Return
QCMA
Quad Capital Management Advisors New York $31.4M AUM 22.55% 1-Year Est. Return
AIM
Act II Management New York $33.8M AUM 8.86% 1-Year Est. Return

Shoals Capital Management's Q1 2020 Portfolio in Review

As of Q1 2020, Shoals Capital Management held 16 positions worth $21.5M, down 79% from $102M the previous quarter. Its ten largest holdings account for 100% of the portfolio.

Shoals Capital Management withdrew a net $84M in Q1 2020, closing 14 positions and reducing 1 holding. Its most notable exit was CyrusOne Inc Common Stock, an estimated $10.5M position sold in full.

By sector, the portfolio is most concentrated in Miscellaneous at 54% of assets, up from 15% a quarter earlier, followed by Real Estate and Financials.

  • Shoals Capital Management's biggest Q1 2020 reduction was Jernigan Capital, Inc., cutting an estimated $3.61M.
  • Shoals Capital Management fully exited CyrusOne Inc Common Stock in Q1 2020, selling an estimated $10.5M.
  • Shoals Capital Management's ten largest holdings make up 100% of its $21.5M portfolio in Q1 2020.
  • Shoals Capital Management opened 1 new position and closed 14 in Q1 2020.
  • Shoals Capital Management's portfolio value fell 79% quarter-over-quarter to $21.5M.

Based on Shoals Capital Management's 13F filing for Q1 2020, filed 13 May 2020.