Toscafund Asset Management LLP's Q2 2021 13F: 1 new position, 3 exits
Form 13F-HR for the quarter ended Jun 30, 2021 · filed Aug 16, 2021 · 13 reported positions · accession 0001104659-21-106058
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Exited | FIRST CITIZENS BANCSHARES INC (FCNCA) | 12.1% | — | −12.1 pts | −13,911 sh | −100% |
| Reduced | MORGAN STANLEY (MS) | 7.3% | 2.7% | −4.7 pts | −65,462 sh | −72% |
| Exited | GIFCAPITAL4 INC (GIGGU) | 4.6% | — | −4.6 pts | −450K sh | −100% |
| New | SPARTAN ACQUISITION CORP III (SPAQ) | — | 4.0% | +4.0 pts | +350K sh | new |
| Exited | SPARTAN ACQUISITION CORP II (SPRQ) | 3.8% | — | −3.8 pts | −350K sh | −100% |
| Increased | APARTMENT INCOME REIT CORP (AIRC) | 6.7% | 10.7% | +4.1 pts | +45,803 sh | +31% |
| Increased | FIGURE ACQUIION CORP I (FACAU) | 2.6% | 5.1% | +2.4 pts | +190K sh | +76% |
| Increased | BRIGHTSPHERE INVT GROUP (AAMI) | 6.6% | 10.4% | +3.8 pts | +74,854 sh | +24% |
| Reduced | CAESARS ENTERTAINMENT INC (CZR) | 9.5% | 10.6% | +1.1 pts | −15,666 sh | −15% |
| Reduced | SCULPTOR CAP MGMT (SCU) | 15.6% | 17.8% | +2.1 pts | −62,789 sh | −9% |
| Increased | BRP GROUP INC (BRP) | 5.0% | 6.5% | +1.5 pts | +35,811 sh | +20% |
| Increased | GLOBAL MED REIT INC (GMRE) | 1.0% | 1.9% | +0.9 pts | +35,000 sh | +47% |
| Reduced | WELLS FARGO CO (WFC) | 7.3% | 8.9% | +1.6 pts | −10,425 sh | −6% |
| Reduced | PAYPAL HLDGS INC (PYPL) | 6.0% | 7.5% | +1.5 pts | −1,523 sh | −6% |
| Increased | SIGNATURE BK NEW YORK NY (SBNY) | 6.8% | 8.5% | +1.7 pts | +991 sh | +3% |
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 — 91.5% of the equity book
Changes in the top 10 this quarter: BRP entered · FACAU entered · FCNCA left · MS left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | SCULPTOR CAP MGMT (SCU) | 15.6% | 17.8% | |
| 2 | APARTMENT INCOME REIT CORP (AIRC) | 6.7% | 10.7% | |
| 3 | CAESARS ENTERTAINMENT INC (CZR) | 9.5% | 10.6% | |
| 4 | BRIGHTSPHERE INVT GROUP (AAMI) | 6.6% | 10.4% | |
| 5 | WELLS FARGO CO (WFC) | 7.3% | 8.9% | |
| 6 | SIGNATURE BK NEW YORK NY (SBNY) | 6.8% | 8.5% | |
| 7 | PAYPAL HLDGS INC (PYPL) | 6.0% | 7.5% | |
| 8 | BRP GROUP INC (BRP) | 5.0% | 6.5% | Entered the top 10 |
| 9 | JOFF FINTECH ACQUISITION COR (JOFF) | 5.1% | 5.6% | |
| 10 | FIGURE ACQUIION CORP I (FACAU) | 2.6% | 5.1% | Entered the top 10 |
| — | FIRST CITIZENS BANCSHARES INC (FCNCA) | 12.1% | 0.0% | Left the top 10 |
| — | MORGAN STANLEY (MS) | 7.3% | 2.7% | 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).