Latest Algebris (UK) Ltd Stock Portfolio
$310Million– No. of Holdings #42
Algebris (UK) Ltd Performance:
2024 Q2: -2.54%YTD: 5.89%2023: -3.85%
Performance for 2024 Q2 is -2.54%, and YTD is 5.89%, and 2023 is -3.85%.
About Algebris (UK) Ltd and 13F Hedge Fund Stock Holdings
In it's latest 13F Holdings report, Algebris (UK) Ltd reported an equity portfolio of $310.6 Millions as of 30 Jun, 2024.
The top stock holdings of Algebris (UK) Ltd are EQH, WBS, LNC. The fund has invested 9.4% of it's portfolio in EQUITABLE HLDGS INC and 6.3% of portfolio in WEBSTER FINL CORP.
The fund managers got completely rid off CITIGROUP INC (C), FIRST HORIZON CORPORATION (FHN) and JEFFERIES FINL GROUP INC (JEF) stocks. They significantly reduced their stock positions in APPLIED MATLS INC (AMAT), CENCORA INC (ABC) and ANNALY CAPITAL MANAGEMENT IN (NLY). Algebris (UK) Ltd opened new stock positions in HUNTINGTON BANCSHARES INC (HBAN), US BANCORP DEL (USB) and PRUDENTIAL FINL INC (PRU). The fund showed a lot of confidence in some stocks as they added substantially to COREBRIDGE FINL INC (CRBG), AFFILIATED MANAGERS GROUP IN (AMG) and CITIZENS FINL GROUP INC (CFG).
The top stock holdings of Algebris (UK) Ltd are EQH, WBS, LNC. The fund has invested 9.4% of it's portfolio in EQUITABLE HLDGS INC and 6.3% of portfolio in WEBSTER FINL CORP.
The fund managers got completely rid off CITIGROUP INC (C), FIRST HORIZON CORPORATION (FHN) and JEFFERIES FINL GROUP INC (JEF) stocks. They significantly reduced their stock positions in APPLIED MATLS INC (AMAT), CENCORA INC (ABC) and ANNALY CAPITAL MANAGEMENT IN (NLY). Algebris (UK) Ltd opened new stock positions in HUNTINGTON BANCSHARES INC (HBAN), US BANCORP DEL (USB) and PRUDENTIAL FINL INC (PRU). The fund showed a lot of confidence in some stocks as they added substantially to COREBRIDGE FINL INC (CRBG), AFFILIATED MANAGERS GROUP IN (AMG) and CITIZENS FINL GROUP INC (CFG).
Algebris (UK) Ltd Equity Portfolio Value
Last Reported on: 13 Aug, 2024
Algebris (UK) Ltd Annual Return Estimates Vs S&P 500
Our best estimate is that Algebris (UK) Ltd made a return of -2.54% in the last quarter. In trailing 12 months, it's portfolio return was 16.29%.
New Buys
| Ticker | $ Bought |
|---|---|
| huntington bancshares inc | 12,456,000 |
| us bancorp del | 11,845,700 |
| prudential finl inc | 11,638,700 |
| carlyle group inc | 9,253,240 |
| m & t bk corp | 8,870,820 |
| american intl group inc | 6,283,030 |
| shift4 pmts inc | 1,309,330 |
New stocks bought by Algebris (UK) Ltd
Additions
| Ticker | % Inc. |
|---|---|
| banco bradesco s a | 265 |
| corebridge finl inc | 101 |
| affiliated managers group in | 92.83 |
| citizens finl group inc | 44.28 |
| carlisle cos inc | 36.66 |
| dynex cap inc | 28.11 |
| webster finl corp | 27.68 |
Additions to existing portfolio by Algebris (UK) Ltd
Reductions
| Ticker | % Reduced |
|---|---|
| applied matls inc | -98.22 |
| cencora inc | -98.2 |
| annaly capital management in | -91.75 |
| q2 hldgs inc | -74.93 |
| lincoln natl corp ind | -67.21 |
| metlife inc | -62.38 |
| unum group | -59.37 |
| radian group inc | -58.73 |
Algebris (UK) Ltd reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| first horizon corporation | -11,497,800 |
| citigroup inc | -12,141,700 |
| jefferies finl group inc | -4,307,250 |
| smith a o corp | -1,013,000 |
| waste mgmt inc del | -1,402,560 |
Algebris (UK) Ltd got rid off the above stocks
Sector Distribution
Algebris (UK) Ltd has about 85.3% of it's holdings in Financial Services sector.
| Sector | % |
|---|---|
| Financial Services | 85.3 |
| Others | 4.4 |
| Real Estate | 3.8 |
| Industrials | 2.9 |
| Technology | 2.4 |
Market Cap. Distribution
Algebris (UK) Ltd has about 55.4% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| LARGE-CAP | 55.4 |
| MID-CAP | 37.1 |
| UNALLOCATED | 3.9 |
| SMALL-CAP | 2.7 |
Stocks belong to which Index?
About 41.1% of the stocks held by Algebris (UK) Ltd either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| Others | 58.9 |
| S&P 500 | 36.6 |
| RUSSELL 2000 | 4.5 |
Algebris (UK) Ltd Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of Algebris (UK) Ltd
Algebris (UK) Ltd has 42 stocks in it's portfolio. About 50.7% of the portfolio is in top 10 stocks. NLY proved to be the most loss making stock for the portfolio. EQH was the most profitable stock for Algebris (UK) Ltd last quarter.
Last Reported on: 13 Aug, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| ABC | cencora inc | 0.39 | 5,807 | 1,221,130 | reduced | -98.2 | ||
| AIG | american intl group inc | 2.02 | 90,674 | 6,283,030 | new | |||
| AMAT | applied matls inc | 0.26 | 3,741 | 824,005 | reduced | -98.22 | ||
| AMG | affiliated managers group in | 1.26 | 26,831 | 3,912,460 | added | 92.83 | ||
| AOS | smith a o corp | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| BATRA | liberty media corp del | 1.58 | 5,000,000 | 4,917,510 | reduced | -50.00 | ||
| BBD | banco bradesco s a | 6.56 | 9,747,350 | 20,379,000 | added | 265 | ||
| BHF | brighthouse finl inc | 2.28 | 175,278 | 7,090,300 | reduced | -39.65 | ||
| C | citigroup inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| CCK | crown hldgs inc | 0.19 | 8,456 | 587,121 | reduced | -33.22 | ||
| CFG | citizens finl group inc | 5.07 | 468,293 | 15,748,200 | added | 44.28 | ||
| CG | carlyle group inc | 2.98 | 246,922 | 9,253,240 | new | |||
| CLH | clean harbors inc | 0.36 | 5,349 | 1,129,060 | reduced | -40.58 | ||
| CMA | comerica inc | 3.57 | 232,929 | 11,096,400 | reduced | -50.00 | ||
| CNM | core & main inc | 0.24 | 16,384 | 748,397 | reduced | -56.76 | ||
| CRBG | corebridge finl inc | 4.76 | 543,801 | 14,780,200 | added | 101 | ||
| CSL | carlisle cos inc | 0.29 | 2,371 | 896,727 | added | 36.66 | ||
| DX | dynex cap inc | 0.99 | 274,984 | 3,064,500 | added | 28.11 | ||
| EQH | equitable hldgs inc | 9.36 | 761,984 | 29,059,800 | reduced | -1.57 | ||
| FBMS | first bancshares inc ms | 1.26 | 161,316 | 3,911,700 | reduced | -44.43 | ||