SCM

Shoals Capital Management Portfolio holdings

AUM $9.81M
1-Year Return 13.99%
This Quarter Return
+3.21%
1 Year Return
-13.99%
3 Year Return
–
5 Year Return
–
10 Year Return
–
AUM
$109M
AUM Growth
-$3.66M
Cap. Flow
-$5.91M
Cap. Flow %
-5.43%
Top 10 Hldgs %
92.62%
Holding
21
New
4
Increased
4
Reduced
3
Closed
2

Top Buys

1
RESI
Front Yard Residential Corporation Common Stock
RESI
+$11M
2
CUZ icon
Cousins Properties
CUZ
+$5.16M
3
NRE
NorthStar Realty Europe Corp.
NRE
+$4.72M
4
QTS.PRB
QTS Realty Trust, Inc. 6.50% Series B Cumulative Convertible Perpetual Preferred Stock
QTS.PRB
+$4.15M
5
BPOP icon
Popular Inc
BPOP
+$4.07M

Top Sells

1
CCS icon
Century Communities
CCS
+$14M
2
OPB
Opus Bank Common Stock
OPB
+$7.92M
3
ESNT icon
Essent Group
ESNT
+$6.58M
4
RWT
Redwood Trust
RWT
+$5.79M
5
EFC
Ellington Financial
EFC
+$4.92M

Sector Composition

1 Real Estate 61.02%
2 Financials 13.8%
Name Market Value Portfolio Weight Shares or Principal Shares
Change % 		Capital Flow
NRE
1
DELISTED
NorthStar Realty Europe Corp.
NRE
$21.8M 19.84%
1,325,000
+287,039
+28% +$4.72M
CUZ icon
2
Cousins Properties
CUZ
$4.94B
$11.9M 10.88%
330,030
+142,530
+76% +$5.16M
JCAP
3
DELISTED
Jernigan Capital, Inc.
JCAP
$11.8M 10.74%
575,000
+150,000
+35% +$3.08M
RESI
4
DELISTED
Front Yard Residential Corporation Common Stock
RESI
$11M 10.02%
+900,000
New +$11M
RWT
5
Redwood Trust
RWT
$804M
$9.92M 9.04%
600,000
-350,000
-37% -$5.79M
WPC icon
6
W.P. Carey
WPC
$15B
$8.12M 7.4%
102,100
– –
CCS icon
7
Century Communities
CCS
$2B
$7.28M 6.64%
274,000
-526,000
-66% -$14M
ESNT icon
8
Essent Group
ESNT
$6.29B
$7.05M 6.42%
150,000
-140,000
-48% -$6.58M
RPT
9
Rithm Property Trust Inc.
RPT
$124M
$6.3M 5.74%
465,755
– –
QTS.PRB
10
DELISTED
QTS Realty Trust, Inc. 6.50% Series B Cumulative Convertible Perpetual Preferred Stock
QTS.PRB
$5.54M 5.05%
50,000
+37,500
+300% +$4.15M
BPOP icon
11
Popular Inc
BPOP
$8.34B
$4.07M 3.71%
+75,000
New +$4.07M
PFSI icon
12
PennyMac Financial
PFSI
$6.44B
$3.88M 3.54%
+175,000
New +$3.88M
MDLY
13
DELISTED
Medley Management Inc
MDLY
$73K 0.07%
+2,982
New +$73K
EFC
14
Ellington Financial
EFC
$1.34B
– –
-275,000
Closed -$4.92M
IWM icon
15
iShares Russell 2000 ETF
IWM
$66.9B
– –
0
– –
KRE icon
16
SPDR S&P Regional Banking ETF
KRE
$4.24B
– –
0
– –
SPY icon
17
SPDR S&P 500 ETF Trust
SPY
$670B
– –
0
– –
FRC
18
DELISTED
First Republic Bank
FRC
– –
0
– –
VER
19
DELISTED
VEREIT, Inc.
VER
– –
0
– –
OPB
20
DELISTED
Opus Bank Common Stock
OPB
– –
-400,090
Closed -$7.92M