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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
-9.34%
1 Year Est. Return
+13.25%
3 Year Est. Return
+61.51%
5 Year Est. Return
+70.95%
10 Year Est. Return
–
AUM
$30.9M
AUM Growth
-$20.2M
Cap. Flow
-$21M
Cap. Flow %
-67.87%
Top 10 Hldgs %
83.41%
Holding
18
New
3
Increased
1
Reduced
4
Closed
1

Top Buys

Rank Stock Value
1
MUDS
Mudrick Capital Acquisition Corporation II Class A Common Stock
MUDS
+$946K
2
MAXR
Maxar Technologies Inc. Common Stock
MAXR
+$642K
3
LORL
Loral Space and Communications, Inc.
LORL
+$455K

Top Sells

Rank Stock Value
1
IHRT icon
iHeartMedia
IHRT
+$308K
2
CCO icon
Clear Channel Outdoor Holdings
CCO
+$250K
3
LGF.B
Lions Gate Entertainment Corp. Class B Non-Voting Shares
LGF.B
+$162K

Sector Composition

Rank Sector Weight
1 Communication Services 18.85%
2 Technology 8.6%
3 Consumer Discretionary 2.9%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
GLD icon
1
CALL
SPDR Gold Trust
GLD
$130B
$7.03M 22.77%
42,800
– –
SPY icon
2
PUT
State Street SPDR S&P 500 ETF Trust
SPY
$776B
$6.44M 20.85%
15,000
-18,200
-55% -$8.03M
MAXR
3
DELISTED
Maxar Technologies Inc. Common Stock
MAXR
$2.15M 6.97%
76,000
+20,000
+36% +$642K
HYG icon
4
PUT
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$15.9B
$1.75M 5.67%
+20,000
New +$1.75M
GLD icon
5
SPDR Gold Trust
GLD
$130B
$1.4M 4.54%
8,539
– –
IHRT icon
6
iHeartMedia
IHRT
$529M
$1.31M 4.25%
52,448
-12,500
-19% -$308K
AMLP icon
7
Alerian MLP ETF
AMLP
$12.9B
$1.25M 4.05%
37,478
– –
SBGI icon
8
Sinclair Inc
SBGI
$1.03B
$1.22M 3.94%
38,409
– –
LGF.B
9
DELISTED
Lions Gate Entertainment Corp. Class B Non-Voting Shares
LGF.B
$911K 2.95%
70,063
-12,350
-15% -$162K
GTN icon
10
Gray Television
GTN
$437M
$896K 2.9%
39,257
– –
MUDS
11
DELISTED
Mudrick Capital Acquisition Corporation II Class A Common Stock
MUDS
$896K 2.9%
+90,000
New +$946K
CCO icon
12
Clear Channel Outdoor Holdings
CCO
$1.23B
$884K 2.86%
326,189
-100,000
-23% -$250K
GDX icon
13
VanEck Gold Miners ETF
GDX
$22.3B
$775K 2.51%
26,307
– –
DISH
14
DELISTED
DISH Network Corp.
DISH
$600K 1.94%
13,809
– –
GDXJ icon
15
VanEck Junior Gold Miners ETF
GDXJ
$6.81B
$566K 1.83%
14,764
– –
LORL
16
DELISTED
Loral Space and Communications, Inc.
LORL
$504K 1.63%
+11,716
New +$455K
OEF icon
17
PUT
iShares S&P 100 ETF
OEF
$19.7B
– –
-60,000
Closed -$13.8M

Similar funds

PFM
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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 Q3 2021 Portfolio in Review

As of Q3 2021, Sound Point Capital Management held 18 positions worth $30.9M, down 40% from $51.1M the previous quarter. Its ten largest holdings account for 83% of the portfolio.

Sound Point Capital Management withdrew a net $21M in Q3 2021, closing 1 position and reducing 4 holdings. Its largest reduction was iHeartMedia, cutting an estimated $308K.

By sector, the portfolio is most concentrated in Communication Services at 19% of assets, up from 14% a quarter earlier, followed by Technology and Consumer Discretionary.

Against the trend, Sound Point Capital Management opened a new position in Mudrick Capital Acquisition Corporation II Class A Common Stock worth $896K.

  • Sound Point Capital Management's largest Q3 2021 buy was Mudrick Capital Acquisition Corporation II Class A Common Stock: 90,000 shares worth $896K.
  • Sound Point Capital Management added most to Maxar Technologies Inc. Common Stock in Q3 2021, an estimated $642K increase.
  • Sound Point Capital Management's biggest Q3 2021 reduction was iHeartMedia, cutting an estimated $308K.
  • Sound Point Capital Management's ten largest holdings make up 83% of its $30.9M portfolio in Q3 2021.
  • Sound Point Capital Management opened 3 new positions and closed 1 in Q3 2021.
  • Sound Point Capital Management's portfolio value fell 40% quarter-over-quarter to $30.9M.

Based on Sound Point Capital Management's 13F filing for Q3 2021, filed 15 Nov 2021.