SMH CAPITAL ADVISORS INC's Q1 2023 13F: 5 new positions, 18 exits
Form 13F-HR for the quarter ended Mar 31, 2023 · filed May 15, 2023 · 51 reported positions · accession 0001085146-23-002406
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Exited | HELLO GROUP INC (MOMO 1.25 07/01/25) | 18.2% | — | −18.2 pts | −13.13M sh | −100% |
| Exited | NIO INC (NIO 0.5 02/01/27) | 15.7% | — | −15.7 pts | −14.41M sh | −100% |
| Exited | WISDOMTREE INC (WT 3.25 06/15/26) | 12.9% | — | −12.9 pts | −9.55M sh | −100% |
| Exited | DIGITALBRIDGE GROUP INC (DBRG) | 11.3% | — | −11.3 pts | −7.86M sh | −100% |
| Exited | FUBOTV INC (FUBO 3.25 02/15/26) | 8.6% | — | −8.6 pts | −12.66M sh | −100% |
| Exited | EZCORP INC (EZPW 2.375 05/01/25) | 2.9% | — | −2.9 pts | −2.26M sh | −100% |
| New | ISHARES TR (EFA) | — | 1.8% | +1.8 pts | +4,168 sh | new |
| New | INVESCO QQQ TR (QQQ) | — | 1.8% | +1.8 pts | +931 sh | new |
| New | SPDR S&P 500 ETF TR (SPY) | — | 1.7% | +1.7 pts | +701 sh | new |
| New | VANGUARD INTL EQUITY INDEX F (VWO) | — | 1.4% | +1.4 pts | +5,841 sh | new |
| Reduced | ISHARES TR (HYG) | 0.7% | 1.5% | +0.9 pts | −2,770 sh | −45% |
| Exited | ISHARES TR (IGSB) | 0.9% | — | −0.9 pts | −11,789 sh | −100% |
| Exited | ISHARES TR (TIP) | 0.8% | — | −0.8 pts | −5,193 sh | −100% |
| Exited | AMERICOLD REALTY TRUST INC (COLD) | 0.7% | — | −0.7 pts | −17,910 sh | −100% |
| Reduced | COMPASS DIVERSIFIED (CODI) | 2.2% | 8.7% | +6.6 pts | −3,918 sh | −5% |
| Exited | OAKTREE SPECIALTY LENDING CO (OCSL) | 0.4% | — | −0.4 pts | −44,232 sh | −100% |
| Reduced | BLACKROCK CR ALLOCATION INCO (BTZ) | 0.5% | 1.9% | +1.3 pts | −6,159 sh | −17% |
| Exited | STORE CAP CORP (STOR) | 0.4% | — | −0.4 pts | −7,572 sh | −100% |
| Exited | INNOVATIVE INDL PPTYS INC (IIPR) | 0.4% | — | −0.4 pts | −2,390 sh | −100% |
| Reduced | SCULPTOR CAP MGMT (SCU) | 0.9% | 3.2% | +2.3 pts | −6,994 sh | −10% |
| Reduced | COHEN & STEERS QUALITY INCOM (RQI) | 0.4% | 1.4% | +1.0 pts | −4,733 sh | −19% |
| Reduced | MERCK & CO INC (MRK) | 0.4% | 1.4% | +1.0 pts | −450 sh | −18% |
| Reduced | TEMPLETON EMERGING MKTS INCO (TEI) | 0.3% | 1.0% | +0.6 pts | −10,224 sh | −24% |
| Exited | JPMORGAN CHASE & CO (JPM) | 0.3% | — | −0.3 pts | −1,572 sh | −100% |
| Exited | CARLYLE GROUP INC (CG) | 0.3% | — | −0.3 pts | −6,864 sh | −100% |
| Exited | PETMED EXPRESS INC (PETS) | 0.3% | — | −0.3 pts | −11,521 sh | −100% |
| Reduced | ADAMS DIVERSIFIED EQUITY FD (ADX) | 0.5% | 1.8% | +1.3 pts | −2,972 sh | −14% |
| Reduced | WALMART INC (WMT) | 0.4% | 1.3% | +0.9 pts | −305 sh | −17% |
| Reduced | VICTORY CAP HLDGS INC (VCTR) | 0.4% | 1.6% | +1.2 pts | −1,502 sh | −15% |
| Exited | KINDER MORGAN INC DEL (KMI) | 0.3% | — | −0.3 pts | −10,115 sh | −100% |
| Reduced | CHEVRON CORP NEW (CVX) | 1.2% | 4.2% | +3.0 pts | −262 sh | −6% |
| Reduced | WISDOMTREE INC (WT) | 0.3% | 1.0% | +0.8 pts | −6,863 sh | −20% |
| Reduced | VERIZON COMMUNICATIONS INC (VZ) | 0.6% | 2.0% | +1.5 pts | −1,095 sh | −11% |
| Reduced | HP INC (HPQ) | 0.6% | 2.5% | +1.9 pts | −1,421 sh | −9% |
| Reduced | KRAFT HEINZ CO (KHC) | 0.6% | 2.3% | +1.6 pts | −1,055 sh | −10% |
| Reduced | CALAMOS STRATEGIC TOTAL RETU (CSQ) | 0.5% | 1.8% | +1.3 pts | −2,994 sh | −12% |
| Reduced | ALLIANCEBERNSTEIN GLOBAL HIG (AWF) | 0.5% | 2.0% | +1.5 pts | −4,059 sh | −11% |
| Reduced | GABELLI DIVID & INCOME TR (GDV) | 0.4% | 1.6% | +1.2 pts | −1,898 sh | −13% |
| Reduced | AT&T INC (T) | 0.9% | 3.1% | +2.2 pts | −2,228 sh | −7% |
| Reduced | EXXON MOBIL CORP (XOM) | 1.1% | 4.6% | +3.5 pts | −325 sh | −5% |
| Reduced | BLACKROCK CORPOR HI YLD FD I (HYT) | 0.5% | 1.9% | +1.4 pts | −4,360 sh | −10% |
| Reduced | APOLLO GLOBAL MGMT INC (APO) | 1.3% | 5.2% | +3.9 pts | −589 sh | −4% |
| Reduced | BLACKROCK MULTI SECTOR INC T (BIT) | 0.4% | 1.6% | +1.1 pts | −2,529 sh | −12% |
| Reduced | EATON VANCE TAX ADVT DIV INC (EVT) | 0.5% | 1.6% | +1.2 pts | −1,593 sh | −12% |
| Reduced | HANCOCK JOHN TAX-ADVANTAGED (HTD) | 0.5% | 1.5% | +1.1 pts | −1,657 sh | −12% |
| Reduced | INTERNATIONAL BUSINESS MACHS (IBM) | 0.8% | 2.6% | +1.8 pts | −280 sh | −7% |
| Reduced | COHEN & STEERS LTD DURATION (LDP) | 0.4% | 1.2% | +0.8 pts | −1,936 sh | −14% |
| Reduced | VIRTUS EQUITY & CONV INCM FD (NIE) | 0.5% | 2.0% | +1.5 pts | −1,626 sh | −9% |
| Exited | WARNER BROS DISCOVERY INC (WBD) | 0.2% | — | −0.2 pts | −11,927 sh | −100% |
| Reduced | QUEST DIAGNOSTICS INC (DGX) | 0.4% | 1.2% | +0.8 pts | −197 sh | −12% |
The 50 largest of 67 changes, by size of the trade. Full holdings for this quarter.
Reported by the fund in its Form 13F filed with the SEC; holdings are as of the quarter-end report date and may have changed since. For informational purposes only — not investment advice or a recommendation to buy or sell any security. FilingExplorer is not affiliated with or endorsed by this fund. How this brief is compiled
Top 10 positions — 42.1% of the equity book
Changes in the top 10 this quarter: PSEC entered · HCF entered · SCU entered · T entered · IBM entered · HPQ entered · MOMO 1.25 07/01/25 left · NIO 0.5 02/01/27 left · WT 3.25 06/15/26 left · DBRG left · FUBO 3.25 02/15/26 left · EZPW 2.375 05/01/25 left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | COMPASS DIVERSIFIED (CODI) | 2.2% | 8.7% | |
| 2 | APOLLO GLOBAL MGMT INC (APO) | 1.3% | 5.2% | |
| 3 | EXXON MOBIL CORP (XOM) | 1.1% | 4.6% | |
| 4 | CHEVRON CORP NEW (CVX) | 1.2% | 4.2% | |
| 5 | PROSPECT CAP CORP (PSEC) | 1.0% | 4.1% | Entered the top 10 |
| 6 | NEXPOINT DIVERSIFIED REL ET (HCF) | 1.0% | 3.9% | Entered the top 10 |
| 7 | SCULPTOR CAP MGMT (SCU) | 0.9% | 3.2% | Entered the top 10 |
| 8 | AT&T INC (T) | 0.9% | 3.1% | Entered the top 10 |
| 9 | INTERNATIONAL BUSINESS MACHS (IBM) | 0.8% | 2.6% | Entered the top 10 |
| 10 | HP INC (HPQ) | 0.6% | 2.5% | Entered the top 10 |
| — | HELLO GROUP INC (MOMO 1.25 07/01/25) | 18.2% | 0.0% | Left the top 10 |
| — | NIO INC (NIO 0.5 02/01/27) | 15.7% | 0.0% | Left the top 10 |
| — | WISDOMTREE INC (WT 3.25 06/15/26) | 12.9% | 0.0% | Left the top 10 |
| — | DIGITALBRIDGE GROUP INC (DBRG) | 11.3% | 0.0% | Left the top 10 |
| — | FUBOTV INC (FUBO 3.25 02/15/26) | 8.6% | 0.0% | Left the top 10 |
| — | EZCORP INC (EZPW 2.375 05/01/25) | 2.9% | 0.0% | Left the top 10 |
Weights are each position's reported value as a share of the fund's reported equity positions (options and principal-amount holdings excluded).