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Tegean Capital Management Portfolio holdings

AUM $82.1M Turnover 53.85%
1-Year Est. Return 12.91%
This Fund
S&P 500
This Quarter Est. Return
+13.37%
1 Year Est. Return
+12.91%
3 Year Est. Return
–
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$82.1M
AUM Growth
-$12.8M
Cap. Flow
-$17.4M
Cap. Flow %
-21.17%
Top 10 Hldgs %
87.36%
Holding
26
New
3
Increased
5
Reduced
3
Closed
11
Avg Time Held
0.9 years
Top 10 Avg Time Held
0.4 years
Top 20 Avg Time Held
0.7 years

Top Buys

Rank Stock Value
1
BABA icon
Alibaba
BABA
+$5.58M
2
BAC icon
Bank of America
BAC
+$5.1M
3
MRVL icon
Marvell Technology
MRVL
+$3.24M
4
WOLF icon
Wolfspeed
WOLF
+$2.36M
5
CRM icon
Salesforce
CRM
+$1.58M

Top Sells

Rank Stock Value
1
AGO icon
Assured Guaranty
AGO
+$6.05M
2
QCOM icon
Qualcomm
QCOM
+$5.55M
3
NEM icon
Newmont
NEM
+$5.54M
4
PYPL icon
PayPal
PYPL
+$3.51M
5
STT icon
State Street
STT
+$3.35M

Sector Composition

Rank Sector Weight
1 Technology 29.08%
2 Financials 28.24%
3 Communication Services 17.55%
4 Consumer Discretionary 13.81%
5 Miscellaneous 9.06%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow Held Since
C icon
1
Citigroup
C
$204B
$16.5M 20.04%
250,700
-49,300
-16% -$2.18M
2020 Q2
14 quarters
WBD icon
2
DELISTED
Warner Bros
WBD
$9.1M 11.08%
800,000
– –
2023 Q1
3 quarters
BABA icon
3
Alibaba
BABA
$270B
$7.75M 9.44%
100,000
+70,000
+233% +$5.58M
2023 Q1
3 quarters
MRVL icon
4
Marvell Technology
MRVL
$213B
$7.24M 8.81%
120,000
+60,000
+100% +$3.24M
2023 Q1
3 quarters
BAC icon
5
Bank of America
BAC
$352B
$6.73M 8.2%
200,000
+175,000
+700% +$5.1M
2023 Q3
1 quarter
COHR icon
6
Coherent
COHR
$45.7B
$5.44M 6.62%
125,000
-50,000
-29% -$1.8M
2023 Q1
3 quarters
WOLF icon
7
Wolfspeed
WOLF
$1.28B
$5.44M 6.62%
125,000
+65,000
+108% +$2.36M
2023 Q3
1 quarter
META icon
8
Meta Platforms (Facebook)
META
$1.8T
$5.31M 6.46%
15,000
-5,000
-25% -$1.63M
2022 Q4
4 quarters
WDC icon
9
Western Digital
WDC
$132B
$3.93M 4.78%
99,225
+19,845
+25% +$695K
2023 Q3
1 quarter
GM icon
10
General Motors
GM
$72.6B
$3.59M 4.37%
100,000
– –
2023 Q1
3 quarters
CRM icon
11
Salesforce
CRM
$200B
$1.84M 2.24%
+7,000
New +$1.58M
2023 Q4
0 quarters
CIM icon
12
Chimera Investment
CIM
$680M
$1.25M 1.52%
83,333
– –
2023 Q1
3 quarters
GFR icon
13
Greenfire Resources
GFR
$1.58B
$613K 0.75%
126,153
– –
2023 Q3
1 quarter
AEM icon
14
Agnico Eagle Mines
AEM
$95B
– –
-40,000
Closed -$1.82M –
AGO icon
15
Assured Guaranty
AGO
$3.07B
– –
-100,000
Closed -$6.05M –
DELL icon
16
Dell
DELL
$290B
– –
-35,000
Closed -$2.41M –
HPQ icon
17
HP
HPQ
$27.3B
– –
-126,900
Closed -$3.26M –
MBI icon
18
MBIA
MBI
$221M
– –
-150,000
Closed -$1.08M –
NEM icon
19
Newmont
NEM
$124B
– –
-150,000
Closed -$5.54M –
NOK icon
20
Nokia
NOK
$50.8B
– –
-500,000
Closed -$1.87M –
PYPL icon
21
PayPal
PYPL
$48.3B
– –
-60,000
Closed -$3.51M –
QCOM icon
22
Qualcomm
QCOM
$185B
– –
-50,000
Closed -$5.55M –
STT icon
23
State Street
STT
$45.4B
– –
-50,000
Closed -$3.35M –
XYZ icon
24
Block Inc
XYZ
$46.6B
– –
-75,000
Closed -$3.32M –

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BAM
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JAM
JLP Asset Management New York $84.2M AUM 10.86% 1-Year Est. Return
HH
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CPI
Canaan Partners IX Menlo Park, California $87.5M AUM
SLM
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TIMH
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CCFP
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Tegean Capital Management's Q4 2023 Portfolio in Review

As of Q4 2023, Tegean Capital Management held 26 positions worth $82.1M, down 14% from $95M the previous quarter. Its ten largest holdings account for 87% of the portfolio.

Tegean Capital Management withdrew a net $17.4M in Q4 2023, closing 11 positions and reducing 3 holdings. Its most notable exit was Assured Guaranty, an estimated $6.05M position sold in full.

By sector, the portfolio is most concentrated in Technology at 29% of assets, down from 32% a quarter earlier, followed by Financials and Communication Services.

Against the trend, Tegean Capital Management opened a new position in Salesforce worth $1.84M.

  • Tegean Capital Management's largest Q4 2023 buy was Salesforce: 7,000 shares worth $1.84M.
  • Tegean Capital Management added most to Alibaba in Q4 2023, an estimated $5.58M increase.
  • Tegean Capital Management's biggest Q4 2023 reduction was Citigroup, cutting an estimated $2.18M.
  • Tegean Capital Management fully exited Assured Guaranty in Q4 2023, selling an estimated $6.05M.
  • Tegean Capital Management's ten largest holdings make up 87% of its $82.1M portfolio in Q4 2023.
  • Tegean Capital Management opened 3 new positions and closed 11 in Q4 2023.
  • Tegean Capital Management's portfolio value fell 14% quarter-over-quarter to $82.1M.

Based on Tegean Capital Management's 13F filing for Q4 2023, filed 14 Feb 2024.