We are live on
!
Find out more
ZA
Zazove Associates Portfolio holdings
AUM
$1.22B
1-Year Est. Return
1.91%
This Fund
S&P 500
This Quarter
Est. Return
+0.01%
1 Year Est. Return
+1.91%
3 Year Est. Return
+11.01%
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$1.7B
AUM Growth
-$258M
(-13%)
Cap. Flow
-$1.7B
Cap. Flow
% of AUM
-99.97%
Top 10 Holdings %
Top 10 Hldgs %
44.9%
Holding
113
New
3
Increased
6
Reduced
7
Closed
5
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
RLJ Lodging Trust $1.95 Series A Preferred Stock
RLJ.PRA
|
+$1.11M |
| 2 |
Cineverse
CNVS
|
+$995K |
| 3 |
FLG.PRU
Flagstar Bank National Association Bifurcated Option Note Unit Securities
FLG.PRU
|
+$621K |
| 4 |
KMF
Kayne Anderson NextGen Energy & Infrastructure, Inc.
KMF
|
+$252K |
| 5 |
AIG.WS
American International Group, Inc.
AIG.WS
|
+$209K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
IRDMB
Iridium Communications Inc - 6.75% Series B
IRDMB
|
+$3.87M |
| 2 |
BAC.WS.A
Bank Of America Corporation Ws A
BAC.WS.A
|
+$1.39M |
| 3 |
BlackRock Debt Strategies Fund
DSU
|
+$591K |
| 4 |
Teva Pharmaceuticals
TEVA
|
+$528K |
| 5 |
SiriusXM
SIRI
|
+$525K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Communication Services | 0.45% |
| 2 | Real Estate | 0.2% |
| 3 | Financials | 0.06% |
| 4 | Materials | 0.06% |
| 5 | Healthcare | 0.01% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
AIG.WS
26
DELISTED
American International Group, Inc.
AIG.WS
| $192K | 0.01% |
+10,610
| New | +$209K |
|
|
CISN.WS
27
DELISTED
Cision Ltd. Warrants, each to purchase one Ordinary Share
CISN.WS
| $60K | ﹤0.01% |
22,200
+2,800
| +14% | +$7.85K |
|
|
CMLS
28
DELISTED
Cumulus Media Inc. Class A Common Stock
CMLS
| $53K | ﹤0.01% |
706,140
+5,564
| +0.8% | +$1.83K |
|
|
29
BlackRock Debt Strategies Fund
DSU
$595M
| – | – |
-50,668
| Closed | -$591K |
|
|
30
Teva Pharmaceuticals
TEVA
$40.2B
| – | – |
-30,000
| Closed | -$528K |
|
31
Cohen & Steers Infrastructure Fund
UTF
$3.1B
| – | – |
-14,091
| Closed | -$324K |
|
|
IRDMB
32
DELISTED
Iridium Communications Inc - 6.75% Series B
IRDMB
| – | – |
-10,580
| Closed | -$3.87M |
|
|
BAC.WS.A
33
DELISTED
Bank Of America Corporation Ws A
BAC.WS.A
| – | – |
-105,000
| Closed | -$1.39M |
|
|
KODK.WS
34
DELISTED
Eastman Kodak Company
KODK.WS
| $0 | ﹤0.01% |
9,172
-1,956
| -18% | -$67 |
|
|
KODK.WS.A
35
DELISTED
Eastman Kodak Company
KODK.WS.A
| $0 | ﹤0.01% |
9,744
-1,956
| -17% | -$73 |
|
Similar funds
SC
IB
IA
DGM
WCM
GC
CCM
AG
Zazove Associates's Q4 2017 Portfolio in Review
As of Q4 2017, Zazove Associates held 113 positions worth $1.7B, down 13% from $1.95B the previous quarter. Its ten largest holdings account for 45% of the portfolio.
Zazove Associates withdrew a net $1.7B in Q4 2017, closing 5 positions and reducing 7 holdings. Its most notable exit was Iridium Communications Inc - 6.75% Series B, an estimated $3.87M position sold in full.
By sector, the portfolio is most concentrated in Communication Services at 0.45% of assets, up from 0.35% a quarter earlier, followed by Real Estate and Financials.
Against the trend, Zazove Associates opened a new position in RLJ Lodging Trust $1.95 Series A Preferred Stock worth $1.07M.
- Zazove Associates's largest Q4 2017 buy was RLJ Lodging Trust $1.95 Series A Preferred Stock: 39,700 shares worth $1.07M.
- Zazove Associates added most to Cineverse in Q4 2017, an estimated $995K increase.
- Zazove Associates's biggest Q4 2017 reduction was SiriusXM, cutting an estimated $525K.
- Zazove Associates fully exited Iridium Communications Inc - 6.75% Series B in Q4 2017, selling an estimated $3.87M.
- Zazove Associates's ten largest holdings make up 45% of its $1.7B portfolio in Q4 2017.
- Zazove Associates opened 3 new positions and closed 5 in Q4 2017.
- Zazove Associates's portfolio value fell 13% quarter-over-quarter to $1.7B.
Based on Zazove Associates's 13F filing for Q4 2017, filed 9 Feb 2018.