Managers / Q3 2019 · view latest →
EQUITEC SPECIALISTS, LLC
CIK 0001108829 · 111 WEST JACKSON BLVD, 20 TH FLOOR, CHICAGO, IL, 60604 · 312-692-5011
Reported Value
$434M
Q3 2019
Positions
140
Filings on Record
12
2019–present window
Filed
Nov 1, 2019
amendment (RESTATEMENT)
Summary
Equitec Specialists, LLC reported $434M in U.S.-listed holdings across 140 positions for Q3 2019.
Its largest position, Dte Energy, represents 19.3% of the portfolio.
Compared with Q2 2019, the fund opened 37 new positions and exited 36.
Portfolio Metrics
Turnover
+47.2%
vs prior filed quarter
Top-10 Concentration
+56.0%
share of reported value
Largest Position
+19.3%
Dte Energy
New / Exited
37 / 36
positions this quarter
Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.
Reported Value by Quarter
13F Reported Value
Portfolio Composition
By security type
- PUBLIC · 57.9% · $251M
- US DOMESTIC · 18.5% · $81M
- Common Stock · 12.5% · $54M
- Other · 7.0% · $30M
- REIT · 1.9% · $8M
- Other · 2.2% · $9M
Quarter-over-Quarter Changes full breakdown →
vs Q2 2019 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| SOUTHERN CO | NEW | +177.1K | 177.1K | +$9M | $9M |
| NEXTERA ENERGY INC | NEW | +182.4K | 182.4K | +$9M | $9M |
| SILVER STD RES INC | NEW | +6.54M | 6.54M | +$7M | $7M |
| MEDICINES CO | NEW | +3.85M | 3.85M | +$6M | $6M |
| ENCORE CAP GROUP INC | NEW | +4.13M | 4.13M | +$4M | $4M |
| TTM TECHNOLOGIES INC | NEW | +2.71M | 2.71M | +$4M | $4M |
| NXPINXP SEMICONDUCTORS N V | NEW | +33.1K | 33.1K | +$4M | $4M |
| RESTORATION HARDWARE HLDGS I | NEW | +2.00M | 2.00M | +$3M | $3M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q3 2019
96 positions
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | DTE ENERGY CO | UNIT 99/99/9999 | 19.32% | $84M | 1.45M |
| 2 | SEMPRA ENERGY | 6% PFD CONV A · 6.75% CNV PFD B | 6.34% | $28M | 232.9K |
| 3 | DOMINION ENERGY INC | UNIT 99/99/9999 | 4.77% | $21M | 195.8K |
| 4 | CLARIVATE ANALYTICS PLC | *W EXP 11/09/201 | 4.50% | $20M | 3.32M |
| 5 | AIGAMERICAN INTL GROUP INChistory → | *W EXP 01/19/202 | 4.41% | $19M | 1.34M |
| 6 | COLFAX CORP | UNIT 01/15/2022T | 4.37% | $19M | 145.3K |
| 7 | FORTIVE CORP | 5% PFD CNV SER A | 3.81% | $17M | 18.4K |
| 8 | CHANGE HEALTHCARE INC | UNIT 99/99/9999 | 3.10% | $13M | 282.4K |
| 9 | SOUTH JERSEY INDS INC | UNIT 99/99/9999 | 2.76% | $12M | 231.6K |
| 10 | NOVELLUS SYS INC | NOTE 2.625% 5/1 | 2.62% | $11M | 1.59M |
| 11 | AVANTOR INC | 6.25 PFD CNV SR | 2.40% | $10M | 193.9K |
| 12 | SOUTHERN CO | UNIT 08/01/2022 | 2.18% | $9M | 177.1K |
| 13 | NEXTERA ENERGY INC | UNIT 09/01/2022S | 2.10% | $9M | 182.4K |
| 14 | ENERGIZER HLDGS INC NEW | 7.5 MCNV PFD A | 2.07% | $9M | 95.0K |
| 15 | COUPA SOFTWARE INC | NOTE 0.375% 1/1 | 2.01% | $9M | 3.00M |
| 16 | NXP SEMICONDUCTORS N V | NOTE 1.000%12/0 | 1.63% | $7M | 6.50M |
| 17 | ANI PHARMACEUTICALS INC | NOTE 3.000%12/0 | 1.61% | $7M | 6.41M |
| 18 | SILVER STD RES INC | NOTE 2.875% 2/0 | 1.54% | $7M | 6.54M |
| 19 | PROS HOLDINGS INC | NOTE 2.000%12/0 | 1.47% | $6M | 3.62M |
| 20 | LIBERTY MEDIA CORP | DEB 3.500% 1/1 | 1.46% | $6M | 12.35M |
| 21 | MEDICINES CO | NOTE 2.500% 1/1 | 1.33% | $6M | 3.85M |
| 22 | EPR PPTYS | PFD C CNV 5.75% · CONV PFD 9% SR E | 1.21% | $5M | 158.2K |
| 23 | CENTERPOINT ENERGY INC | DEP RP PFD CV B | 1.08% | $5M | 89.8K |
| 24 | ENVESTNET INC | NOTE 1.750%12/1 | 1.05% | $5M | 4.48M |
| 25 | MICRON TECHNOLOGY INC | NOTE 2.125% 2/1 | 0.99% | $4M | 1.10M |
| 26 | ENCORE CAP GROUP INC | NOTE 3.000% 7/0 | 0.96% | $4M | 4.13M |
| 27 | MOLINA HEALTHCARE INC | NOTE 1.125% 1/1 | 0.96% | $4M | 1.55M |
| 28 | TTM TECHNOLOGIES INC | NOTE 1.750%12/1 | 0.83% | $4M | 2.71M |
| 29 | HOSTESS BRANDS INC | *W EXP 11/04/202 | 0.76% | $3M | 1.92M |
| 30 | TSLATESLA INC | NOTE 1.250% 3/0 · COM | 0.69% | $3M | 2.79M |
| 31 | RESTORATION HARDWARE HLDGS I | DBCV 7/1 | 0.69% | $3M | 2.00M |
| 32 | ASSURANT INC | 6.50% CONV PFD D | 0.65% | $3M | 22.5K |
| 33 | DANAHER CORPORATION | 4.75 MND CV PFD · DBCV 1/2 | 0.65% | $3M | 32.3K |
| 34 | BXCBLUELINX HLDGS INC | COM NEW | 0.61% | $3M | 82.0K |
| 35 | RILYB RILEY FINL INC | COM | 0.55% | $2M | 100.3K |
| 36 | INTERNATIONAL FLAVORS&FRAGRA | UNIT 09/15/2021 | 0.54% | $2M | 50.2K |
| 37 | FIRST MAJESTIC SILVER CORP | NOTE 1.875% 3/0 | 0.54% | $2M | 2.00M |
| 38 | CCICROWN CASTLE INTL CORP NEW | COM | 0.53% | $2M | 16.7K |
| 39 | HC2 HLDGS INC | COM | 0.51% | $2M | 945.6K |
| 40 | AQUA AMERICA INC | UNIT 04/30/2022 | 0.48% | $2M | 34.5K |
| 41 | ALEXANDRIA REAL ESTATE EQ IN | PFD CONV SER D | 0.45% | $2M | 50.6K |
| 42 | DEXCOM INC | NOTE 0.750% 5/1 | 0.37% | $2M | 1.00M |
| 43 | NEW SR INVT GROUP INC | COM | 0.30% | $1M | 194.5K |
| 44 | NATIONAL HOLDINGS CORP | COM NEW | 0.25% | $1M | 399.7K |
| 45 | NFLXNETFLIX INC | COM | 0.21% | $910,000 | 3.4K |
| 46 | PRUPRUDENTIAL FINL INC | COM | 0.17% | $729,000 | 8.1K |
| 47 | LYFTLYFT INC | CL A COM | 0.15% | $658,000 | 16.1K |
| 48 | VIRTUS INVT PARTNERS INC | PFD CV SER D | 0.11% | $492,000 | 5.1K |
| 49 | NABORS INDUSTRIES LTD | 6% PFD CNV SR A | 0.10% | $442,000 | 27.5K |
| 50 | GOOGLALPHABET INC | CAP STK CL A | 0.08% | $366,000 | 300 |
| 51 | DARDARLING INGREDIENTS INC | COM | 0.08% | $349,000 | 18.3K |
| 52 | NEW MEDIA INVT GROUP INC | COM | 0.07% | $317,000 | 36.0K |
| 53 | TRINITY MERGER CORP | *W EXP 05/11/202 | 0.07% | $292,000 | 229.7K |
| 54 | XNCRXENCOR INC | COM | 0.04% | $185,000 | 5.5K |
| 55 | CYEURCYPRESS SEMICONDUCTOR CORP | COM | 0.04% | $175,000 | 7.5K |
| 56 | INTCINTEL CORP | COM | 0.03% | $113,000 | 2.2K |
| 57 | PIVOTAL ACQUISITION CORP | *W EXP 12/01/202 | 0.02% | $84,000 | 66.0K |
| 58 | BLINK CHARGING CO | *W EXP 01/31/202 | 0.01% | $65,000 | 146.9K |
| 59 | SOCIAL CAP HEDOSOPHIA HLDGS | *W EXP 09/14/202 | 0.01% | $63,000 | 25.0K |
| 60 | NESCO HLDGS INC | *W EXP 01/01/202 | 0.01% | $57,000 | 66.5K |
| 61 | BWBABCOCK & WILCOX ENTERPRIS I | COM | 0.01% | $50,000 | 10.5K |
| 62 | BECTON DICKINSON & CO | PFD SHS CONV A | 0.01% | $49,000 | 797 |
| 63 | AKERNA CORP | *W EXP 06/17/202 | 0.01% | $41,000 | 56.2K |
| 64 | GRAF INDL CORP | *W EXP 12/31/202 | 0.01% | $39,000 | 100.0K |
| 65 | MUDRICK CAP ACQUISITION CORP | *W EXP 02/12/202 | 0.01% | $38,000 | 63.2K |
| 66 | LF CAP ACQUISITION CORP | *W EXP 06/22/202 | 0.01% | $35,000 | 109.5K |
| 67 | GIGCAPITAL INC | *W EXP 06/08/202 | 0.01% | $34,000 | 50.0K |
| 68 | CF FIN ACQUISITION CORP | *W EXP 04/30/202 | 0.01% | $33,000 | 50.0K |
| 69 | GPREGREEN PLAINS INC | COM | 0.01% | $32,000 | 3.0K |
| 70 | INVITAE CORP | COM | 0.01% | $32,000 | 1.6K |
| 71 | HENNESSY CAP ACQUSTION CORP | *W EXP 09/05/202 | 0.01% | $31,000 | 40.0K |
| 72 | TIBERIUS ACQUISITION CORP | *W EXP 02/28/202 | 0.01% | $30,000 | 50.0K |
| 73 | FAR PT ACQUISITION CORP | *W EXP 06/01/202 | 0.01% | $30,000 | 25.0K |
| 74 | FORUM MERGER II CORP | *W EXP 09/30/202 | 0.01% | $30,000 | 50.0K |
| 75 | BOXWOOD MERGER CORP | *W EXP 11/26/202 | 0.01% | $27,000 | 39.0K |
| 76 | PURE ACQUISITION CORP | *W EXP 04/17/202 | 0.01% | $26,000 | 24.8K |
| 77 | PTBPOTBELLY CORP | COM | 0.01% | $26,000 | 5.9K |
| 78 | MONOCLE ACQUISITION CORP | *W EXP 12/06/202 | 0.01% | $25,000 | 60.0K |
| 79 | B RILEY PRINCIPAL MERGER COR | *W EXP 04/08/202 | 0.01% | $23,000 | 50.0K |
| 80 | TRINE ACQUISITION CORP | *W EXP 03/31/202 | 0.00% | $20,000 | 25.0K |
| 81 | AMCI ACQUISITION CORP | *W EXP 05/20/202 | 0.00% | $19,000 | 55.0K |
| 82 | MEGALITH FINL ACQUISITION CO | *W EXP 08/26/202 | 0.00% | $19,000 | 50.0K |
| 83 | SCHULTZE SPL PURP ACQUSTN CO | *W EXP 12/31/202 | 0.00% | $18,000 | 50.0K |
| 84 | LEGACY ACQUISITION CORP | *W EXP 11/30/202 | 0.00% | $18,000 | 50.0K |
| 85 | DD3 ACQUISITION CORP | *W EXP 10/20/202 | 0.00% | $17,000 | 50.0K |
| 86 | RANPAK HLDGS CORP | *W EXP 06/03/202 | 0.00% | $17,000 | 22.3K |
| 87 | NETFIN ACQUISITION CORP | *W EXP 08/01/202 | 0.00% | $15,000 | 50.0K |
| 88 | VECTOIQ ACQUISITION CORP | *W EXP 05/11/202 | 0.00% | $13,000 | 29.3K |
| 89 | SENTINEL ENERGY SVCS INC | *W EXP 11/02/202 | 0.00% | $12,000 | 28.8K |
| 90 | SB FINL GROUP INC | DEP SHS PFD 6.5% | 0.00% | $12,000 | 700 |
| 91 | TRIDENT ACQUISITIONS CORP | *W EXP 05/09/202 | 0.00% | $9,000 | 59.9K |
| 92 | TKK SYMPHONY ACQUISITION COR | *W EXP 02/20/202 | 0.00% | $9,000 | 99.7K |
| 93 | NIONIO INC | SPON ADS | 0.00% | $8,000 | 5.0K |
| 94 | SONIM TECHNOLOGIES INC | COM | 0.00% | $7,000 | 2.4K |
| 95 | OPES ACQUISITION CORP | *W EXP 03/13/202 | 0.00% | $5,000 | 27.1K |
| 96 | SPYSPDR S&P 500 ETF TR | TR UNIT | 0.00% | $0 | 1 |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q2 2021 | Under review | 2 | Jul 20, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q1 2021 | $519M | 245 | Apr 19, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q4 2020 | $1.7B | 219 | Jan 26, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q3 2020 | $893M | 168 | Oct 13, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q2 2020 | $662M | 142 | Jul 20, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q1 2020 | $436M | 122 | Apr 23, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q4 2019 | $363M | 145 | Jan 17, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q3 2019 | $434M | 140 | Nov 1, 2019 | RESTATEMENT | changes · EDGAR ↗ |
| Q2 2019 | $384M | 141 | Jul 9, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q1 2019 | $524M | 98 | Apr 8, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q4 2018 | $360M | 80 | Jan 30, 2019 | 13F-HR | changes · EDGAR ↗ |
13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.