Whitebox Advisors Portfolio holdings

Whitebox Advisors's Q1 2015 Portfolio in Review

As of Q1 2015, Whitebox Advisors held 487 positions worth $2.59B, up 3.5% from $2.5B the previous quarter. Its ten largest holdings account for 34% of the portfolio.

Whitebox Advisors withdrew a net $925M in Q1 2015, closing 140 positions and reducing 83 holdings. Its most notable exit was iShares iBoxx $ High Yield Corporate Bond ETF, an estimated $35.8M position sold in full.

By sector, the portfolio is most concentrated in Miscellaneous at 50% of assets, down from 51% a quarter earlier, followed by Financials and Energy.

Against the trend, Whitebox Advisors opened a new position in Atwood Oceanics worth $17.1M.

• Whitebox Advisors's largest Q1 2015 buy was Atwood Oceanics: 607,666 shares worth $17.1M.
• Whitebox Advisors added most to Onity Group in Q1 2015, an estimated $38.3M increase.
• Whitebox Advisors's biggest Q1 2015 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $24.9M.
• Whitebox Advisors fully exited iShares iBoxx $ High Yield Corporate Bond ETF in Q1 2015, selling an estimated $35.8M.
• Whitebox Advisors's ten largest holdings make up 34% of its $2.59B portfolio in Q1 2015.
• Whitebox Advisors opened 119 new positions and closed 140 in Q1 2015.
• Whitebox Advisors's portfolio value rose 3.5% quarter-over-quarter to $2.59B.

Based on Whitebox Advisors's 13F filing for Q1 2015, filed 12 May 2015.