SCM

Shoals Capital Management Portfolio holdings

AUM $9.81M
This Quarter Return
+18.65%
1 Year Return
-13.99%
3 Year Return
–
5 Year Return
–
10 Year Return
–
AUM
$112M
AUM Growth
+$112M
Cap. Flow
-$98M
Cap. Flow %
-87.16%
Top 10 Hldgs %
96.27%
Holding
24
New
4
Increased
1
Reduced
6
Closed
8

Top Buys

1
WPC icon
W.P. Carey
WPC
$7.83M
2
CUZ icon
Cousins Properties
CUZ
$7.25M
3
EFC
Ellington Financial
EFC
$4.92M
4
RPT
Rithm Property Trust Inc.
RPT
$3.23M
5
QTS.PRB
QTS Realty Trust, Inc. 6.50% Series B Cumulative Convertible Perpetual Preferred Stock
QTS.PRB
$1.36M

Top Sells

1
ISBC
Investors Bancorp, Inc.
ISBC
$18.2M
2
CCS icon
Century Communities
CCS
$15.5M
3
ESNT icon
Essent Group
ESNT
$14M
4
BKU icon
Bankunited
BKU
$12.7M
5
MTG icon
MGIC Investment
MTG
$12M

Sector Composition

1 Real Estate 61.97%
2 Financials 18.26%
3 Consumer Discretionary 0%
Name Market Value Portfolio Weight Shares or Principal Shares
Change % 		Capital Flow
CCS icon
1
Century Communities
CCS
$1.96B
$19.2M 16.89% 800,000 -645,000 -45% -$15.5M
NRE
2
DELISTED
NorthStar Realty Europe Corp.
NRE
$18M 15.87% 1,037,961 -474,539 -31% -$8.24M
RWT
3
Redwood Trust
RWT
$791M
$15.3M 13.51% 950,000 -275,000 -22% -$4.44M
ESNT icon
4
Essent Group
ESNT
$6.18B
$12.6M 11.1% 290,000 -322,500 -53% -$14M
JCAP
5
DELISTED
Jernigan Capital, Inc.
JCAP
$8.94M 7.88% 425,000 -150,000 -26% -$3.16M
OPB
6
DELISTED
Opus Bank Common Stock
OPB
$7.92M 6.98% 400,090 -199,910 -33% -$3.96M
WPC icon
7
W.P. Carey
WPC
$14.7B
$7.83M 6.9% +100,000 New +$7.83M
CUZ icon
8
Cousins Properties
CUZ
$4.95B
$7.25M 6.38% +750,000 New +$7.25M
RPT
9
Rithm Property Trust Inc.
RPT
$117M
$6.18M 5.45% 450,000 +235,000 +109% +$3.23M
EFC
10
Ellington Financial
EFC
$1.36B
$4.92M 4.34% +275,000 New +$4.92M
QTS.PRB
11
DELISTED
QTS Realty Trust, Inc. 6.50% Series B Cumulative Convertible Perpetual Preferred Stock
QTS.PRB
$1.36M 1.2% +12,500 New +$1.36M
AMBC icon
12
Ambac
AMBC
$419M
– – 0 – –
BANC icon
13
Banc of California
BANC
$2.67B
– – -575,000 Closed -$7.65M
BKU icon
14
Bankunited
BKU
$2.95B
– – -425,000 Closed -$12.7M
IWM icon
15
iShares Russell 2000 ETF
IWM
$67B
– – 0 – –
KRE icon
16
SPDR S&P Regional Banking ETF
KRE
$3.99B
– – 0 – –
LEN icon
17
Lennar Class A
LEN
$34.5B
– – -200,000 Closed -$7.83M
MSBI icon
18
Midland States Bancorp
MSBI
$397M
– – -120,097 Closed -$2.68M
MTG icon
19
MGIC Investment
MTG
$6.42B
– – -1,150,000 Closed -$12M
TCBI icon
20
Texas Capital Bancshares
TCBI
$3.96B
– – -227,246 Closed -$11.6M
FRC
21
DELISTED
First Republic Bank
FRC
– – 0 – –
ISBC
22
DELISTED
Investors Bancorp, Inc.
ISBC
– – -1,750,000 Closed -$18.2M
MFNC
23
DELISTED
Mackinac Financial Corporation
MFNC
– – -40,000 Closed -$546K