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SPCM

Sound Point Capital Management Portfolio holdings

AUM $28.3M
1-Year Est. Return 13.25%
This Fund
S&P 500
This Quarter Est. Return
+23.99%
1 Year Est. Return
+13.25%
3 Year Est. Return
+61.51%
5 Year Est. Return
+70.95%
10 Year Est. Return
–
AUM
$59.9M
AUM Growth
+$28.1M
Cap. Flow
-$11.4M
Cap. Flow %
-19.08%
Top 10 Hldgs %
88.79%
Holding
23
New
10
Increased
1
Reduced
5
Closed
6

Top Buys

Rank Stock Value
1
GLD icon
SPDR Gold Trust
GLD
+$2.01M
2
GDX icon
VanEck Gold Miners ETF
GDX
+$1.26M
3
GDXJ icon
VanEck Junior Gold Miners ETF
GDXJ
+$911K
4
LGF.B
Lions Gate Entertainment Corp. Class B Non-Voting Shares
LGF.B
+$826K
5
DISH
DISH Network Corp.
DISH
+$786K

Top Sells

Rank Stock Value
1
PVG
PRETIUM RESOURCES INC.
PVG
+$1.69M
2
MAXR
Maxar Technologies Inc. Common Stock
MAXR
+$1.54M
3
AMLP icon
Alerian MLP ETF
AMLP
+$944K
4
BATL icon
Battalion Oil
BATL
+$475K
5
LEE icon
Lee Enterprises
LEE
+$386K

Sector Composition

Rank Sector Weight
1 Miscellaneous 84.07%
2 Communication Services 11.23%
3 Technology 4.7%
4 Energy 0%
5 Materials 0%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
IWM icon
1
PUT
iShares Russell 2000 ETF
IWM
$77.6B
$12.7M 21.15%
+88,500
New +$11.6M
SPY icon
2
PUT
State Street SPDR S&P 500 ETF Trust
SPY
$803B
$8.14M 13.59%
+26,400
New +$7.73M
GLD icon
3
CALL
SPDR Gold Trust
GLD
$145B
$5.86M 9.78%
+35,000
New +$5.64M
XES icon
4
CALL
State Street SPDR S&P Oil & Gas Equipment & Services ETF
XES
$391M
$4.43M 7.4%
+85,000
New +$2.58M
GLD icon
5
SPDR Gold Trust
GLD
$145B
$2.08M 3.48%
+12,437
New +$2.01M
MAXR
6
DELISTED
Maxar Technologies Inc. Common Stock
MAXR
$2.01M 3.36%
111,942
-119,077
-52% -$1.54M
GTN icon
7
Gray Television
GTN
$507M
$1.84M 3.07%
131,650
-4,094
-3% -$52.4K
AMLP icon
8
Alerian MLP ETF
AMLP
$13.5B
$1.52M 2.53%
61,478
-38,522
-39% -$944K
CCO icon
9
Clear Channel Outdoor Holdings
CCO
$1.21B
$1.45M 2.43%
1,397,353
+287,414
+26% +$270K
SBGI icon
10
Sinclair Inc
SBGI
$1.04B
$1.43M 2.39%
77,546
-3,454
-4% -$59.9K
GDX icon
11
VanEck Gold Miners ETF
GDX
$28.3B
$1.4M 2.34%
+38,267
New +$1.26M
GDXJ icon
12
VanEck Junior Gold Miners ETF
GDXJ
$8.96B
$1.07M 1.78%
+21,525
New +$911K
DISH
13
DELISTED
DISH Network Corp.
DISH
$975K 1.63%
+28,254
New +$786K
LGF.B
14
DELISTED
Lions Gate Entertainment Corp. Class B Non-Voting Shares
LGF.B
$817K 1.36%
+119,576
New +$826K
POLY
15
DELISTED
Plantronics, Inc.
POLY
$807K 1.35%
+55,000
New +$717K
IHRT icon
16
iHeartMedia
IHRT
$423M
$213K 0.36%
25,481
-10,146
-28% -$79K
BATL icon
17
Battalion Oil
BATL
$74.5M
– –
-101,641
Closed -$475K
LEE icon
18
Lee Enterprises
LEE
$168M
– –
-39,282
Closed -$386K
TLT icon
19
CALL
iShares 20+ Year Treasury Bond ETF
TLT
$46.6B
– –
-48,800
Closed -$8.05M
USWSW
20
DELISTED
U.S. Well Services, Inc. Warrants
USWSW
– –
-372,422
Closed -$7K
PVG
21
DELISTED
PRETIUM RESOURCES INC.
PVG
– –
-298,694
Closed -$1.69M
ENT
22
DELISTED
Global Eagle Entertainment Inc.
ENT
– –
-11,319
Closed -$45K

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A
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CFRPA
Castle Financial & Retirement Planning Associates Fair Haven, New Jersey $29.5M AUM
SH
Scepter Holdings Fort Worth, Texas $22.4M AUM
FSCP
Franklin Street Capital Partners New York $21.5M AUM 13.45% 1-Year Est. Return
HCIL
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WLRC
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HR
Hayden Royal Charlotte, North Carolina $42.7M AUM 33.86% 1-Year Est. Return

Sound Point Capital Management's Q2 2020 Portfolio in Review

As of Q2 2020, Sound Point Capital Management held 23 positions worth $59.9M, up 88% from $31.8M the previous quarter. Its ten largest holdings account for 89% of the portfolio.

Sound Point Capital Management withdrew a net $11.4M in Q2 2020, closing 6 positions and reducing 5 holdings. Its most notable exit was PRETIUM RESOURCES INC., an estimated $1.69M position sold in full.

By sector, the portfolio is most concentrated in Miscellaneous at 84% of assets, up from 72% a quarter earlier, followed by Communication Services and Technology.

Against the trend, Sound Point Capital Management opened a new position in SPDR Gold Trust worth $2.08M.

  • Sound Point Capital Management's largest Q2 2020 buy was SPDR Gold Trust: 12,437 shares worth $2.08M.
  • Sound Point Capital Management added most to Clear Channel Outdoor Holdings in Q2 2020, an estimated $270K increase.
  • Sound Point Capital Management's biggest Q2 2020 reduction was Maxar Technologies Inc. Common Stock, cutting an estimated $1.54M.
  • Sound Point Capital Management fully exited PRETIUM RESOURCES INC. in Q2 2020, selling an estimated $1.69M.
  • Sound Point Capital Management's ten largest holdings make up 89% of its $59.9M portfolio in Q2 2020.
  • Sound Point Capital Management opened 10 new positions and closed 6 in Q2 2020.
  • Sound Point Capital Management's portfolio value rose 88% quarter-over-quarter to $59.9M.

Based on Sound Point Capital Management's 13F filing for Q2 2020, filed 14 Aug 2020.