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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
+6.4%
1 Year Est. Return
+13.25%
3 Year Est. Return
+61.51%
5 Year Est. Return
+70.95%
10 Year Est. Return
–
AUM
$43.5M
AUM Growth
-$60.6M
Cap. Flow
-$54.8M
Cap. Flow %
-126.04%
Top 10 Hldgs %
87.41%
Holding
17
New
1
Increased
4
Reduced
8
Closed
2

Top Buys

Rank Stock Value
1
MAXR
Maxar Technologies Inc. Common Stock
MAXR
+$2.87M
2
IHRT icon
iHeartMedia
IHRT
+$1.12M
3
DISH
DISH Network Corp.
DISH
+$313K
4
CCO icon
Clear Channel Outdoor Holdings
CCO
+$168K

Top Sells

Rank Stock Value
1
SBGI icon
Sinclair Inc
SBGI
+$1.61M
2
GTN icon
Gray Television
GTN
+$1.22M
3
POLY
Plantronics, Inc.
POLY
+$1.11M
4
LGF.B
Lions Gate Entertainment Corp. Class B Non-Voting Shares
LGF.B
+$423K
5
GLD icon
SPDR Gold Trust
GLD
+$134K

Sector Composition

Rank Sector Weight
1 Communication Services 22.73%
2 Technology 6.96%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
SPY icon
1
PUT
State Street SPDR S&P 500 ETF Trust
SPY
$772B
$10.1M 23.25%
25,500
-62,200
-71% -$24M
OEF icon
2
PUT
iShares S&P 100 ETF
OEF
$19.5B
$9.94M 22.87%
+45,000
New +$7.93M
GLD icon
3
CALL
SPDR Gold Trust
GLD
$131B
$3.65M 8.39%
22,800
-2,200
-9% -$370K
MAXR
4
DELISTED
Maxar Technologies Inc. Common Stock
MAXR
$3.03M 6.96%
80,000
+64,358
+411% +$2.87M
DISH
5
DELISTED
DISH Network Corp.
DISH
$1.98M 4.55%
54,659
+9,405
+21% +$313K
AMLP icon
6
Alerian MLP ETF
AMLP
$12.9B
$1.88M 4.31%
61,478
– –
CCO icon
7
Clear Channel Outdoor Holdings
CCO
$1.22B
$1.86M 4.29%
1,036,189
+88,836
+9% +$168K
IHRT icon
8
iHeartMedia
IHRT
$529M
$1.81M 4.17%
99,948
+74,467
+292% +$1.12M
SBGI icon
9
Sinclair Inc
SBGI
$1.02B
$1.64M 3.76%
55,909
-48,500
-46% -$1.61M
GTN icon
10
Gray Television
GTN
$437M
$1.46M 3.35%
79,257
-66,000
-45% -$1.22M
GLD icon
11
SPDR Gold Trust
GLD
$131B
$1.37M 3.14%
8,539
-798
-9% -$134K
LGF.B
12
DELISTED
Lions Gate Entertainment Corp. Class B Non-Voting Shares
LGF.B
$1.13M 2.59%
87,413
-32,163
-27% -$423K
GDX icon
13
VanEck Gold Miners ETF
GDX
$22.5B
$855K 1.97%
26,307
-2,460
-9% -$83.8K
GDXJ icon
14
VanEck Junior Gold Miners ETF
GDXJ
$6.86B
$665K 1.53%
14,764
-1,381
-9% -$67.9K
IWM icon
15
PUT
iShares Russell 2000 ETF
IWM
$79.2B
– –
-135,000
Closed -$32.6M
POLY
16
DELISTED
Plantronics, Inc.
POLY
– –
-41,000
Closed -$1.11M

Similar funds

PFM
Probabilities Fund Management White Plains, New York $28.1M AUM 54.68% 1-Year Est. Return
A
Attestor London, United Kingdom $27.8M AUM 32.32% 1-Year Est. Return
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
H Capital III LP Grand Cayman, Cayman Islands $40.2M AUM
WLRC
W.L. Ross & Co Dallas, Texas $40.2M AUM 14.46% 1-Year Est. Return
HR
Hayden Royal Charlotte, North Carolina $42.7M AUM 33.86% 1-Year Est. Return

Sound Point Capital Management's Q1 2021 Portfolio in Review

As of Q1 2021, Sound Point Capital Management held 17 positions worth $43.5M, down 58% from $104M the previous quarter. Its ten largest holdings account for 87% of the portfolio.

Sound Point Capital Management withdrew a net $54.8M in Q1 2021, closing 2 positions and reducing 8 holdings. Its most notable exit was Plantronics, Inc., an estimated $1.11M position sold in full.

By sector, the portfolio is most concentrated in Communication Services at 23% of assets, up from 10% a quarter earlier, followed by Technology.

Against the trend, Sound Point Capital Management added an estimated $2.87M to Maxar Technologies Inc. Common Stock.

  • Sound Point Capital Management added most to Maxar Technologies Inc. Common Stock in Q1 2021, an estimated $2.87M increase.
  • Sound Point Capital Management's biggest Q1 2021 reduction was Sinclair Inc, cutting an estimated $1.61M.
  • Sound Point Capital Management fully exited Plantronics, Inc. in Q1 2021, selling an estimated $1.11M.
  • Sound Point Capital Management's ten largest holdings make up 87% of its $43.5M portfolio in Q1 2021.
  • Sound Point Capital Management opened 1 new position and closed 2 in Q1 2021.
  • Sound Point Capital Management's portfolio value fell 58% quarter-over-quarter to $43.5M.

Based on Sound Point Capital Management's 13F filing for Q1 2021, filed 17 May 2021.