SMH CAPITAL ADVISORS INC's Q3 2023 13F: 1 new position, 13 exits
Form 13F-HR for the quarter ended Sep 30, 2023 · filed Nov 8, 2023 · 38 reported positions · accession 0001085146-23-004178
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| New | MAIN STR CAP CORP (MAIN) | — | 6.1% | +6.1 pts | +18,166 sh | new |
| Exited | CHEVRON CORP NEW (CVX) | 3.8% | — | −3.8 pts | −4,099 sh | −100% |
| Exited | SCULPTOR CAP MGMT (SCU) | 3.4% | — | −3.4 pts | −65,432 sh | −100% |
| Exited | EXXON MOBIL CORP (XOM) | 3.0% | — | −3.0 pts | −4,683 sh | −100% |
| Exited | EATON VANCE TAX ADVT DIV INC (EVT) | 1.6% | — | −1.6 pts | −12,023 sh | −100% |
| Exited | GABELLI DIVID & INCOME TR (GDV) | 1.6% | — | −1.6 pts | −12,755 sh | −100% |
| Exited | HANCOCK JOHN TAX-ADVANTAGED (HTD) | 1.4% | — | −1.4 pts | −11,769 sh | −100% |
| Exited | MERCK & CO INC (MRK) | 1.4% | — | −1.4 pts | −2,061 sh | −100% |
| Exited | VANGUARD INTL EQUITY INDEX F (VWO) | 1.4% | — | −1.4 pts | −5,848 sh | −100% |
| Exited | WALMART INC (WMT) | 1.3% | — | −1.3 pts | −1,441 sh | −100% |
| Exited | COHEN & STEERS LTD DURATION (LDP) | 1.2% | — | −1.2 pts | −11,612 sh | −100% |
| Reduced | APOLLO GLOBAL MGMT INC (APO) | 6.3% | 9.1% | +2.8 pts | −1,620 sh | −12% |
| Increased | VERIZON COMMUNICATIONS INC (VZ) | 1.9% | 3.4% | +1.5 pts | +4,001 sh | +46% |
| Exited | SLR INVESTMENT CORP (SLRC) | 0.9% | — | −0.9 pts | −10,878 sh | −100% |
| Exited | NUVEEN PENNSYLVANIA QLT MUN (NQP) | 0.8% | — | −0.8 pts | −12,052 sh | −100% |
| Reduced | ADAMS DIVERSIFIED EQUITY FD (ADX) | 1.9% | 2.0% | +0.1 pts | −4,509 sh | −24% |
| Reduced | COMPASS DIVERSIFIED (CODI) | 9.8% | 11.3% | +1.5 pts | −3,953 sh | −5% |
| Reduced | VIRTUS EQUITY & CONV INCM FD (NIE) | 2.1% | 2.2% | +0.1 pts | −3,689 sh | −22% |
| Reduced | ALLIANCEBERNSTEIN GLOBAL HIG (AWF) | 2.0% | 2.1% | +0.1 pts | −7,285 sh | −22% |
| Reduced | BLACKROCK CORPOR HI YLD FD I (HYT) | 2.0% | 2.1% | +0.1 pts | −7,997 sh | −22% |
| Reduced | BLACKROCK MULTI SECTOR INC T (BIT) | 1.5% | 1.5% | +0.1 pts | −4,627 sh | −26% |
| Reduced | CALAMOS STRATEGIC TOTAL RETU (CSQ) | 1.9% | 2.0% | +0.1 pts | −4,587 sh | −22% |
| Reduced | BLACKROCK CR ALLOCATION INCO (BTZ) | 1.8% | 1.9% | +0.1 pts | −6,547 sh | −22% |
| Reduced | WISDOMTREE INC (WT) | 1.1% | 1.1% | 0.0 pts | −8,942 sh | −33% |
| Reduced | VICTORY CAP HLDGS INC (VCTR) | 1.5% | 1.8% | +0.3 pts | −1,798 sh | −22% |
| Reduced | INTERNATIONAL BUSINESS MACHS (IBM) | 2.8% | 3.6% | +0.8 pts | −408 sh | −12% |
| Reduced | COHEN & STEERS QUALITY INCOM (RQI) | 1.4% | 1.3% | −0.1 pts | −5,049 sh | −25% |
| Reduced | INVESCO QQQ TR (QQQ) | 2.0% | 2.4% | +0.3 pts | −133 sh | −14% |
| Reduced | AT&T INC (T) | 2.8% | 3.3% | +0.5 pts | −3,079 sh | −10% |
| Reduced | KRAFT HEINZ CO (KHC) | 2.0% | 2.3% | +0.3 pts | −1,369 sh | −14% |
| Reduced | U S GLOBAL INVS INC (GROW) | 2.3% | 2.7% | +0.4 pts | −14,943 sh | −12% |
| Reduced | TEMPLETON EMERGING MKTS INCO (TEI) | 1.0% | 0.9% | −0.1 pts | −9,016 sh | −29% |
| Reduced | SPDR S&P 500 ETF TR (SPY) | 1.8% | 2.1% | +0.3 pts | −96 sh | −14% |
| Reduced | ISHARES TR (EFA) | 1.8% | 2.1% | +0.3 pts | −573 sh | −14% |
| Reduced | NEXPOINT DIVERSIFIED REL ET (HCF) | 4.5% | 4.1% | −0.4 pts | −4,298 sh | −7% |
| Reduced | ORION OFFICE REIT INC (ONL) | 1.5% | 1.5% | 0.0 pts | −4,796 sh | −12% |
| Reduced | MEDICAL PPTYS TRUST INC (MPW) | 0.9% | 0.5% | −0.3 pts | −3,546 sh | −23% |
| Reduced | JEFFERIES FINL GROUP INC (JEF) | 1.5% | 2.2% | +0.7 pts | −509 sh | −7% |
| Increased | CAPITAL SOUTHWEST CORP (CSWC) | 1.9% | 3.2% | +1.3 pts | +592 sh | +4% |
| Reduced | VICI PPTYS INC (VICI) | 2.9% | 3.7% | +0.8 pts | −367 sh | −2% |
| Reduced | PERELLA WEINBERG PARTNERS (PWP) | 1.2% | 2.0% | +0.8 pts | −1,045 sh | −4% |
| Exited | POP CULTURE GROUP CO LTD (CPOP) | 0.0% | — | 0.0 pts | −12,500 sh | −100% |
| Increased | EATON VANCE MUN BD FD (EIM) | 0.8% | 1.0% | +0.2 pts | +95 sh | +1% |
| Increased | NUVEEN QUALITY MUNCP INCOME (NAD) | 0.8% | 1.0% | +0.2 pts | +82 sh | +1% |
| Increased | NUVEEN AMT FREE QLTY MUN INC (NEA) | 0.8% | 0.9% | +0.2 pts | +79 sh | +1% |
| Increased | ALLIANCEBERNSTEIN NATL MUN I (AFB) | 0.8% | 0.9% | +0.2 pts | +79 sh | +1% |
| Increased | BLACKROCK MUNICIPAL INCOME (MUI) | 0.8% | 1.0% | +0.2 pts | +72 sh | +1% |
| Increased | PROSPECT CAP CORP (PSEC) | 3.7% | 5.1% | +1.4 pts | +1 sh | 0% |
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 — 52.8% of the equity book
Changes in the top 10 this quarter: MAIN entered · VZ entered · CSWC entered · CVX left · SCU left · XOM left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | COMPASS DIVERSIFIED (CODI) | 9.8% | 11.3% | |
| 2 | APOLLO GLOBAL MGMT INC (APO) | 6.3% | 9.1% | |
| 3 | MAIN STR CAP CORP (MAIN) | 0.0% | 6.1% | Entered the top 10 |
| 4 | PROSPECT CAP CORP (PSEC) | 3.7% | 5.1% | |
| 5 | NEXPOINT DIVERSIFIED REL ET (HCF) | 4.5% | 4.1% | |
| 6 | VICI PPTYS INC (VICI) | 2.9% | 3.7% | |
| 7 | INTERNATIONAL BUSINESS MACHS (IBM) | 2.8% | 3.6% | |
| 8 | VERIZON COMMUNICATIONS INC (VZ) | 1.9% | 3.4% | Entered the top 10 |
| 9 | AT&T INC (T) | 2.8% | 3.3% | |
| 10 | CAPITAL SOUTHWEST CORP (CSWC) | 1.9% | 3.2% | Entered the top 10 |
| — | CHEVRON CORP NEW (CVX) | 3.8% | 0.0% | Left the top 10 |
| — | SCULPTOR CAP MGMT (SCU) | 3.4% | 0.0% | Left the top 10 |
| — | EXXON MOBIL CORP (XOM) | 3.0% | 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).