Latest Algebris (UK) Ltd Stock Portfolio
$494Million– No. of Holdings #40
Algebris (UK) Ltd Performance:
2024 Q1: 8.65%YTD: 8.65%2023: -3.02%
Performance for 2024 Q1 is 8.65%, and YTD is 8.65%, and 2023 is -3.02%.
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 $494.1 Millions as of 31 Mar, 2024.
The top stock holdings of Algebris (UK) Ltd are NLY, LNC, EQH. The fund has invested 19.5% of it's portfolio in ANNALY CAPITAL MANAGEMENT IN and 10.3% of portfolio in LINCOLN NATL CORP IND.
The fund managers got completely rid off M & T BK CORP (MTB), PROSPERITY BANCSHARES INC (PB) and ROCKWELL AUTOMATION INC (ROK) stocks. They significantly reduced their stock positions in EQUITABLE HLDGS INC (EQH) and CITIGROUP INC (C). Algebris (UK) Ltd opened new stock positions in COMERICA INC (CMA), VOYA FINANCIAL INC (VOYA) and BRIGHTHOUSE FINL INC (BHF). The fund showed a lot of confidence in some stocks as they added substantially to LINCOLN NATL CORP IND (LNC), ANNALY CAPITAL MANAGEMENT IN (NLY) and MICROSOFT CORP (MSFT).
The top stock holdings of Algebris (UK) Ltd are NLY, LNC, EQH. The fund has invested 19.5% of it's portfolio in ANNALY CAPITAL MANAGEMENT IN and 10.3% of portfolio in LINCOLN NATL CORP IND.
The fund managers got completely rid off M & T BK CORP (MTB), PROSPERITY BANCSHARES INC (PB) and ROCKWELL AUTOMATION INC (ROK) stocks. They significantly reduced their stock positions in EQUITABLE HLDGS INC (EQH) and CITIGROUP INC (C). Algebris (UK) Ltd opened new stock positions in COMERICA INC (CMA), VOYA FINANCIAL INC (VOYA) and BRIGHTHOUSE FINL INC (BHF). The fund showed a lot of confidence in some stocks as they added substantially to LINCOLN NATL CORP IND (LNC), ANNALY CAPITAL MANAGEMENT IN (NLY) and MICROSOFT CORP (MSFT).
Algebris (UK) Ltd Equity Portfolio Value
Last Reported on: 20 May, 2024
Algebris (UK) Ltd Annual Return Estimates Vs S&P 500
Our best estimate is that Algebris (UK) Ltd made a return of 8.65% in the last quarter. In trailing 12 months, it's portfolio return was 20.84%.
New Buys
| Ticker | $ Bought |
|---|---|
| jetblue airways corp | 46,121,400 |
| comerica inc | 23,744,300 |
| voya financial inc | 20,723,000 |
| brighthouse finl inc | 13,876,400 |
| first horizon corporation | 11,497,800 |
| citizens finl group inc | 10,918,400 |
| corebridge finl inc | 7,187,170 |
| banco bradesco s a | 7,075,270 |
New stocks bought by Algebris (UK) Ltd
Additions
| Ticker | % Inc. |
|---|---|
| lincoln natl corp ind | 344 |
| annaly capital management in | 231 |
| microsoft corp | 208 |
| cencora inc | 153 |
| synopsys inc | 149 |
| stryker corporation | 130 |
| smith a o corp | 104 |
| liberty media corp del | 100 |
Additions to existing portfolio by Algebris (UK) Ltd
Reductions
| Ticker | % Reduced |
|---|---|
| equitable hldgs inc | -57.08 |
| citigroup inc | -47.56 |
Algebris (UK) Ltd reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| m & t bk corp | -6,648,210 |
| prosperity bancshares inc | -1,296,700 |
| rockwell automation inc | -413,448 |
Algebris (UK) Ltd got rid off the above stocks
Sector Distribution
Algebris (UK) Ltd has about 62.1% of it's holdings in Financial Services sector.
| Sector | % |
|---|---|
| Financial Services | 62.1 |
| Real Estate | 22.9 |
| Others | 7.4 |
| Industrials | 3.5 |
| Technology | 2.9 |
Market Cap. Distribution
Algebris (UK) Ltd has about 28.4% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| MID-CAP | 64.2 |
| LARGE-CAP | 28.4 |
| UNALLOCATED | 4.5 |
| SMALL-CAP | 2.2 |
Stocks belong to which Index?
About 25.3% of the stocks held by Algebris (UK) Ltd either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| Others | 74.8 |
| S&P 500 | 20.1 |
| RUSSELL 2000 | 5.2 |
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 40 stocks in it's portfolio. About 63% 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: 20 May, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| ABC | cencora inc | 2.54 | 322,606 | 12,551,300 | added | 153 | ||
| AMAT | applied matls inc | 0.63 | 210,008 | 3,128,840 | added | 3.08 | ||
| AMG | affiliated managers group in | 0.44 | 13,914 | 2,160,760 | new | |||
| AOS | smith a o corp | 0.20 | 12,218 | 1,013,000 | added | 104 | ||
| BATRA | liberty media corp del | 1.91 | 10,000,000 | 9,410,150 | added | 100 | ||
| BBD | banco bradesco s a | 1.43 | 2,669,310 | 7,075,270 | new | |||
| BHF | brighthouse finl inc | 2.81 | 290,432 | 13,876,400 | new | |||
| C | citigroup inc | 2.46 | 207,122 | 12,141,700 | reduced | -47.56 | ||
| CCK | crown hldgs inc | 0.19 | 12,662 | 930,112 | added | 100 | ||
| CFG | citizens finl group inc | 2.21 | 324,570 | 10,918,400 | new | |||
| CLH | clean harbors inc | 0.34 | 9,002 | 1,679,510 | added | 100 | ||
| CMA | comerica inc | 4.81 | 465,822 | 23,744,300 | new | |||
| CNM | core & main inc | 0.41 | 37,888 | 2,010,280 | added | 100 | ||
| CRBG | corebridge finl inc | 1.46 | 269,870 | 7,187,170 | new | |||
| CSL | carlisle cos inc | 0.13 | 1,735 | 630,083 | new | |||
| DX | dynex cap inc | 0.50 | 214,650 | 2,476,730 | new | |||
| EQH | equitable hldgs inc | 5.52 | 774,150 | 27,275,600 | reduced | -57.08 | ||
| FBMS | first bancshares inc ms | 1.41 | 290,288 | 6,983,270 | new | |||
| FHI | federated hermes inc | 4.14 | 610,802 | 20,451,300 | added | 74.59 | ||
| FHN | first horizon corporation | 2.33 | 805,442 | 11,497,800 | new | |||