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
-0.06%
1 Year Est. Return
+1.91%
3 Year Est. Return
+11.01%
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$2.12B
AUM Growth
-$9.57M
Cap. Flow
-$1.94B
Cap. Flow %
-91.24%
Top 10 Hldgs %
44.31%
Holding
127
New
1
Increased
2
Reduced
13
Closed
7

Top Buys

Rank Stock Value
1
WELL.PRI
Welltower Inc.
WELL.PRI
+$6.05M
2
BAC icon
Bank of America
BAC
+$148K
3
EMMS
Emmis Communications Corp
EMMS
+$52.9K

Top Sells

Rank Stock Value
1
FLG.PRU
Flagstar Bank National Association Bifurcated Option Note Unit Securities
FLG.PRU
+$35.6M
2
SWK icon
Stanley Black & Decker
SWK
+$35.5M
3
HST icon
Host Hotels & Resorts
HST
+$7.17M
4
WFC.PRL icon
Wells Fargo 7.5% Non Cumv Perp Conv
WFC.PRL
+$5.46M
5
CALY
Callaway Golf Company
CALY
+$4.15M

Sector Composition

Rank Sector Weight
1 Communication Services 0.13%
2 Industrials 0.1%
3 Real Estate 0.04%
4 Financials 0.02%
5 Healthcare 0.02%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
WELL.PRI
1
DELISTED
Welltower Inc.
WELL.PRI
$86.9M 4.1%
1,405,382
+103,032
+8% +$6.05M
GM.WS.B
2
DELISTED
General Motors Company
GM.WS.B
$12.3M 0.58%
896,940
-136,867
-13% -$1.73M
WFC.PRL icon
3
Wells Fargo 7.5% Non Cumv Perp Conv
WFC.PRL
$4.72B
$8.52M 0.4%
7,069
-4,639
-40% -$5.46M
KEY.PRG
4
DELISTED
KeyCorp Pfd
KEY.PRG
$7.98M 0.38%
61,226
-450
-0.7% -$58.7K
IRDMB
5
DELISTED
Iridium Communications Inc - 6.75% Series B
IRDMB
$3.38M 0.16%
11,500
-2,500
-18% -$695K
UONEK icon
6
Urban One Class D
UONEK
$22.8M
$2.82M 0.13%
198,433
– –
EVV
7
Eaton Vance Limited Duration Income Fund
EVV
$1.06B
$2.66M 0.13%
201,785
– –
CMLS
8
DELISTED
Cumulus Media Inc. Class A Common Stock
CMLS
$2.52M 0.12%
679,577
– –
JQC icon
9
Nuveen Credit Strategies Income Fund
JQC
$707M
$1.96M 0.09%
248,024
– –
KODK icon
10
Kodak
KODK
$828M
$1.81M 0.09%
167,023
-19,123
-10% -$187K
UVXY icon
11
ProShares Ultra VIX Short-Term Futures ETF
UVXY
$242M
– –
0
– –
BAC.WS.A
12
DELISTED
Bank Of America Corporation Ws A
BAC.WS.A
$1.13M 0.05%
290,833
-174,180
-37% -$707K
EP.PRC icon
13
El Paso Energy Capital Trust I
EP.PRC
$222M
$952K 0.04%
22,000
-3,000
-12% -$127K
EMMS
14
DELISTED
Emmis Communications Corp
EMMS
$910K 0.04%
416,157
+24,978
+6% +$52.9K
JPM.WS
15
DELISTED
JPMorgan Chase
JPM.WS
$876K 0.04%
49,500
– –
DSU icon
16
BlackRock Debt Strategies Fund
DSU
$595M
$649K 0.03%
62,307
– –
EMMSP
17
DELISTED
EMMIS COMMUNICATIONS CRP CV PF
EMMSP
$522K 0.02%
320,592
-39,005
-11% -$63.5K
KMI.WS
18
DELISTED
Kinder Morgan Inc
KMI.WS
$459K 0.02%
12,576,332
-842,598
-6% -$51K
DRRX
19
DELISTED
DURECT Corp
DRRX
$347K 0.02%
25,686
-2,330
-8% -$29.7K
JRO
20
DELISTED
Nuveen Floating Rate Income Opportunty Fund
JRO
$342K 0.02%
34,542
– –
TC
21
DELISTED
Thompson Creek Metals Company Inc. Ordinary Shares (Canada)
TC
$340K 0.02%
1,456,132
-533,210
-27% -$97.8K
JFR icon
22
Nuveen Floating Rate Income Fund
JFR
$1.24B
$323K 0.02%
32,071
– –
SBLK icon
23
Star Bulk Carriers
SBLK
$3.2B
$304K 0.01%
81,031
-43,701
-35% -$122K
JPM icon
24
JPMorgan Chase
JPM
$937B
$296K 0.01%
5,000
– –
AIG.WS
25
DELISTED
American International Group, Inc.
AIG.WS
$229K 0.01%
12,220
-3,227
-21% -$58.7K
1
2

Similar funds

SC
Strategy Capital Los Altos, California $1.22B AUM 27.02% 1-Year Est. Return
IB
Intrust Bank Wichita, Kansas $1.23B AUM 26.34% 1-Year Est. Return
IA
Inspire Advisors Meridian, Idaho $1.23B AUM 18.62% 1-Year Est. Return
DGM
Delta Global Management New York $1.22B AUM 34.86% 1-Year Est. Return
WCM
Windward Capital Management Los Angeles, California $1.23B AUM 23.17% 1-Year Est. Return
GC
Gillson Capital Chicago, Illinois $1.22B AUM 7.54% 1-Year Est. Return
CCM
Coliseum Capital Management Rowayton, Connecticut $1.22B AUM 18.72% 1-Year Est. Return
AG
Atairos Group Bryn Mawr, Pennsylvania $1.22B AUM 38.2% 1-Year Est. Return

Zazove Associates's Q1 2016 Portfolio in Review

As of Q1 2016, Zazove Associates held 127 positions worth $2.12B, down 0.45% from $2.13B the previous quarter. Its ten largest holdings account for 44% of the portfolio.

Zazove Associates withdrew a net $1.94B in Q1 2016, closing 7 positions and reducing 13 holdings. Its most notable exit was Flagstar Bank National Association Bifurcated Option Note Unit Securities, an estimated $35.6M position sold in full.

By sector, the portfolio is most concentrated in Communication Services at 0.13% of assets, down from 0.16% a quarter earlier, followed by Industrials and Real Estate.

Against the trend, Zazove Associates opened a new position in Bank of America worth $149K.

  • Zazove Associates's largest Q1 2016 buy was Bank of America: 11,000 shares worth $149K.
  • Zazove Associates added most to Welltower Inc. in Q1 2016, an estimated $6.05M increase.
  • Zazove Associates's biggest Q1 2016 reduction was Wells Fargo 7.5% Non Cumv Perp Conv, cutting an estimated $5.46M.
  • Zazove Associates fully exited Flagstar Bank National Association Bifurcated Option Note Unit Securities in Q1 2016, selling an estimated $35.6M.
  • Zazove Associates's ten largest holdings make up 44% of its $2.12B portfolio in Q1 2016.
  • Zazove Associates opened 1 new position and closed 7 in Q1 2016.
  • Zazove Associates's portfolio value fell 0.45% quarter-over-quarter to $2.12B.

Based on Zazove Associates's 13F filing for Q1 2016, filed 12 May 2016.