We are live on ! Find out more
TCM

Tegean Capital Management Portfolio holdings

AUM $82.1M
1-Year Est. Return 12.91%
This Fund
S&P 500
This Quarter Est. Return
+4.11%
1 Year Est. Return
+12.91%
3 Year Est. Return
–
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$110M
AUM Growth
+$1.07M
Cap. Flow
-$2.6M
Cap. Flow %
-2.37%
Top 10 Hldgs %
88.19%
Holding
20
New
4
Increased
4
Reduced
2
Closed
5

Top Buys

Rank Stock Value
1
C icon
Citigroup
C
+$7.98M
2
CLF icon
Cleveland-Cliffs
CLF
+$4.75M
3
MET icon
MetLife
MET
+$2.67M
4
GOOGL icon
Alphabet (Google) Class A
GOOGL
+$2.52M
5
MBI icon
MBIA
MBI
+$2.01M

Top Sells

Rank Stock Value
1
AGNC icon
AGNC Investment
AGNC
+$10.9M
2
AL
Air Lease Corp
AL
+$4.7M
3
BAC icon
Bank of America
BAC
+$4.42M
4
ANH
Anworth Mortgage Asset Corporation
ANH
+$3.5M
5
MU icon
Micron Technology
MU
+$1.83M

Sector Composition

Rank Sector Weight
1 Financials 68.94%
2 Industrials 19.71%
3 Technology 5.28%
4 Materials 3.75%
5 Communication Services 2.32%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
ARCC icon
1
Ares Capital
ARCC
$13.5B
$22.6M 20.63%
1,300,000
– –
C icon
2
Citigroup
C
$222B
$17.9M 16.38%
300,000
+135,000
+82% +$7.98M
AGO icon
3
Assured Guaranty
AGO
$3.78B
$11.9M 10.84%
320,000
+20,000
+7% +$793K
AER icon
4
AerCap
AER
$23.9B
$9.19M 8.39%
200,000
– –
AL
5
DELISTED
Air Lease Corp
AL
$7.75M 7.07%
200,000
-125,000
-38% -$4.7M
KEY icon
6
KeyCorp
KEY
$24.3B
$6.22M 5.68%
350,000
– –
MU icon
7
Micron Technology
MU
$1.04T
$5.78M 5.28%
200,000
-75,000
-27% -$1.83M
OFG icon
8
OFG Bancorp
OFG
$2.21B
$5.31M 4.85%
450,000
+50,000
+13% +$637K
MET icon
9
MetLife
MET
$61B
$5.28M 4.82%
112,200
+56,100
+100% +$2.67M
FDC
10
DELISTED
First Data Corporation
FDC
$4.65M 4.24%
300,000
– –
CLF icon
11
Cleveland-Cliffs
CLF
$6.81B
$4.11M 3.75%
+500,000
New +$4.75M
MFIC icon
12
MidCap Financial Investment
MFIC
$784M
$3.28M 2.99%
166,667
– –
GOOGL icon
13
Alphabet (Google) Class A
GOOGL
$3.91T
$2.54M 2.32%
+60,000
New +$2.52M
MBI icon
14
MBIA
MBI
$288M
$1.69M 1.55%
+200,000
New +$2.01M
NNI icon
15
Nelnet
NNI
$4.79B
$1.32M 1.2%
+30,000
New +$1.43M
AGNC icon
16
AGNC Investment
AGNC
$12.3B
– –
-600,200
Closed -$10.9M
BAC icon
17
Bank of America
BAC
$435B
– –
-200,000
Closed -$4.42M
IWM icon
18
PUT
iShares Russell 2000 ETF
IWM
$80.9B
– –
-2,000
Closed -$22K
SPY icon
19
PUT
State Street SPDR S&P 500 ETF Trust
SPY
$778B
– –
-1,000
Closed -$50K
ANH
20
DELISTED
Anworth Mortgage Asset Corporation
ANH
– –
-676,718
Closed -$3.5M

Similar funds

PC
Pavadi Capital New York $81.2M AUM 5.26% 1-Year Est. Return
BAM
Broadmark Asset Management San Francisco, California $80.4M AUM 29.98% 1-Year Est. Return
JAM
JLP Asset Management New York $84.2M AUM 10.86% 1-Year Est. Return
HH
HP Holding New York $84.5M AUM 4.73% 1-Year Est. Return
CPI
Canaan Partners IX Menlo Park, California $87.5M AUM
SLM
Snow Lake Management Menlo Park, California $90.7M AUM 72.65% 1-Year Est. Return
TIMH
Tilt Investment Management Holdings New York $92.6M AUM 28.92% 1-Year Est. Return
CCFP
Charles Carroll Financial Partners Kingston, Massachusetts $93M AUM 39.93% 1-Year Est. Return

Tegean Capital Management's Q1 2017 Portfolio in Review

As of Q1 2017, Tegean Capital Management held 20 positions worth $110M, up 0.99% from $108M the previous quarter. Its ten largest holdings account for 88% of the portfolio.

Tegean Capital Management's Q1 2017 filing shows 4 new, 4 increased, 2 reduced and 5 closed positions. Its largest new stake was Cleveland-Cliffs: 500,000 shares worth $4.11M. The largest sale was AGNC Investment, an estimated $10.9M.

By sector, the portfolio is most concentrated in Financials at 69% of assets, up from 59% a quarter earlier, followed by Industrials and Technology.

  • Tegean Capital Management's largest Q1 2017 buy was Cleveland-Cliffs: 500,000 shares worth $4.11M.
  • Tegean Capital Management added most to Citigroup in Q1 2017, an estimated $7.98M increase.
  • Tegean Capital Management's biggest Q1 2017 reduction was Air Lease Corp, cutting an estimated $4.7M.
  • Tegean Capital Management fully exited AGNC Investment in Q1 2017, selling an estimated $10.9M.
  • Tegean Capital Management's ten largest holdings make up 88% of its $110M portfolio in Q1 2017.
  • Tegean Capital Management opened 4 new positions and closed 5 in Q1 2017.
  • Tegean Capital Management's portfolio value rose 0.99% quarter-over-quarter to $110M.

Based on Tegean Capital Management's 13F filing for Q1 2017, filed 12 May 2017.