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YCM
Yakira Capital Management Portfolio holdings
AUM
$342M
1-Year Est. Return
26.97%
This Fund
S&P 500
This Quarter
Est. Return
+4.11%
1 Year Est. Return
+26.97%
3 Year Est. Return
+77.41%
5 Year Est. Return
+128.32%
10 Year Est. Return
+542.44%
AUM
$205M
AUM Growth
-$171M
(-45%)
Cap. Flow
-$175M
Cap. Flow
% of AUM
-85.49%
Top 10 Holdings %
Top 10 Hldgs %
49.56%
Holding
106
New
26
Increased
11
Reduced
13
Closed
22
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
ACAS
American Capital Ltd
ACAS
|
+$13.9M |
| 2 |
SE
Spectra Energy Corp Wi
SE
|
+$9.05M |
| 3 |
SYT
Syngenta Ag
SYT
|
+$6.47M |
| 4 |
RAD
Rite Aid Corporation
RAD
|
+$5.69M |
| 5 |
WNR
Western Refining Inc
WNR
|
+$4.74M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Procter & Gamble
PG
|
+$91.3M |
| 2 |
ITC
ITC HOLDINGS CORP
ITC
|
+$19.2M |
| 3 |
KLA
KLAC
|
+$17.5M |
| 4 |
LNKD
LinkedIn Corporation
LNKD
|
+$15.1M |
| 5 |
IM
Ingram Micro
IM
|
+$7.8M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Communication Services | 13.46% |
| 2 | Energy | 8.82% |
| 3 | Financials | 7.99% |
| 4 | Healthcare | 6.22% |
| 5 | Consumer Staples | 3.71% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
ACAS
1
DELISTED
American Capital Ltd
ACAS
| $30.3M | 14.76% |
1,688,660
+806,385
| +91% | +$13.9M |
|
|
RAD
2
DELISTED
Rite Aid Corporation
RAD
| $12.6M | 6.16% |
76,564
+37,675
| +97% | +$5.69M |
|
|
YHOO
3
DELISTED
Yahoo Inc
YHOO
| $9.9M | 4.83% |
255,925
+24,000
| +10% | +$984K |
|
|
MEG
4
DELISTED
Media General, Inc
MEG
| $9.3M | 4.54% |
493,893
+190,000
| +63% | +$3.44M |
|
|
SE
5
DELISTED
Spectra Energy Corp Wi
SE
| $8.98M | 4.38% |
+218,450
| New | +$9.05M |
|
|
STJ
6
DELISTED
St Jude Medical
STJ
| $7.06M | 3.44% |
88,000
+12,000
| +16% | +$952K |
|
|
SFE
7
DELISTED
Safeguard Scientifics, Inc.
SFE
| $6.39M | 3.12% |
475,138
-14,303
| -3% | -$176K |
|
|
SYT
8
DELISTED
Syngenta Ag
SYT
| $6.35M | 3.1% |
+80,368
| New | +$6.47M |
|
|
WNR
9
DELISTED
Western Refining Inc
WNR
| $5.46M | 2.66% |
+144,115
| New | +$4.74M |
|
|
BLVDU
10
DELISTED
Boulevard Acquisition Corp. II
BLVDU
| $5.28M | 2.57% |
519,500
| – | – |
|
|
WWAV
11
DELISTED
The WhiteWave Foods Company
WWAV
| $4.84M | 2.36% |
87,000
+67,000
| +335% | +$3.67M |
|
|
EAGLU
12
DELISTED
Double Eagle Acquisition Corp.
EAGLU
| $4.68M | 2.29% |
444,000
| – | – |
|
|
WR
13
DELISTED
Westar Energy Inc
WR
| $4.58M | 2.24% |
81,337
-45,636
| -36% | -$2.59M |
|
14
PUT
Broadcom
AVGO
$1.8T
| $4.24M | 2.07% |
240,000
| – | – |
|
|
CAB
15
DELISTED
Cabela's Inc
CAB
| $3.88M | 1.89% |
+66,200
| New | +$4.11M |
|
|
TWX
16
DELISTED
Time Warner Inc
TWX
| $3.86M | 1.88% |
+40,000
| New | +$3.56M |
|
17
Cornerstone Strategic Value Fund
CLM
$2.21B
| $3.57M | 1.74% |
+238,833
| New | +$3.51M |
|
18
Liberty Latin America Class C
LILAK
$1.47B
| $3.32M | 1.62% |
182,973
+92,643
| +103% | +$1.86M |
|
|
OACQ
19
DELISTED
Origo Acquisition Corporation
OACQ
| $3.21M | 1.57% |
309,070
+296,570
| +2,373% | +$3.07M |
|
|
BEAV
20
DELISTED
B/E Aerospace Inc
BEAV
| $3.19M | 1.56% |
+53,000
| New | +$3.05M |
|
21
Reaves Utility Income Fund
UTG
$3.66B
| $3.09M | 1.51% |
100,500
-32,723
| -25% | -$973K |
|
|
NRO
22
Neuberger Real Estate Securities Income Fund Inc
NRO
$193M
| $2.96M | 1.44% |
576,889
-88,579
| -13% | -$448K |
|
|
23
KLA
KLAC
$273B
| $2.93M | 1.43% |
372,680
-2,295,810
| -86% | -$17.5M |
|
24
Liberty Global Class A
LBTYA
$3.48B
| $2.83M | 1.38% |
92,610
-8,156
| -8% | -$258K |
|
25
Coty
COTY
$2.4B
| $2.77M | 1.35% |
+151,294
| New | +$3.13M |
|
Similar funds
GAM
SC
SW
FCM
WPA
SFA
EC
RW
Yakira Capital Management's Q4 2016 Portfolio in Review
As of Q4 2016, Yakira Capital Management held 106 positions worth $205M, down 45% from $376M the previous quarter. Its ten largest holdings account for 50% of the portfolio.
Yakira Capital Management withdrew a net $175M in Q4 2016, closing 22 positions and reducing 13 holdings. Its most notable exit was Procter & Gamble, an estimated $91.3M position sold in full.
By sector, the portfolio is most concentrated in Communication Services at 13% of assets, up from 8.4% a quarter earlier, followed by Energy and Financials.
Against the trend, Yakira Capital Management opened a new position in Spectra Energy Corp Wi worth $8.98M.
- Yakira Capital Management's largest Q4 2016 buy was Spectra Energy Corp Wi: 218,450 shares worth $8.98M.
- Yakira Capital Management added most to American Capital Ltd in Q4 2016, an estimated $13.9M increase.
- Yakira Capital Management's biggest Q4 2016 reduction was KLA, cutting an estimated $17.5M.
- Yakira Capital Management fully exited Procter & Gamble in Q4 2016, selling an estimated $91.3M.
- Yakira Capital Management's ten largest holdings make up 50% of its $205M portfolio in Q4 2016.
- Yakira Capital Management opened 26 new positions and closed 22 in Q4 2016.
- Yakira Capital Management's portfolio value fell 45% quarter-over-quarter to $205M.
Based on Yakira Capital Management's 13F filing for Q4 2016, filed 13 Feb 2017.