SEC 13F Intelligence

Managers / Q2 2020 · view latest →

EQUITEC SPECIALISTS, LLC

CIK 0001108829 · 111 WEST JACKSON BLVD, 20 TH FLOOR, CHICAGO, IL, 60604 · 312-692-5011

Reported Value
$662M
Q2 2020
Positions
142
Filings on Record
12
2019–present window
Filed
Jul 20, 2020
original filing

Summary

Equitec Specialists, LLC reported $662M in U.S.-listed holdings across 142 positions for Q2 2020.

Its largest position, Tesla, represents 17.6% of the portfolio.

Compared with Q1 2020, the fund opened 49 new positions and exited 30.

Portfolio Metrics

Turnover
+36.3%
vs prior filed quarter
Top-10 Concentration
+48.8%
share of reported value
Largest Position
+17.6%
Tesla
New / Exited
49 / 30
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
Q4 ’18: $360MQ4 ’18Q1 ’19: $524MQ2 ’19: $384MQ2 ’19Q3 ’19: $434MQ4 ’19: $363MQ4 ’19Q1 ’20: $436MQ2 ’20: $662MQ2 ’20Q3 ’20: $893MQ4 ’20: $1.7BQ4 ’20Q1 ’21: $519Mfilingsflow.com

Portfolio Composition

By security type
US DOMESTIC: 36.4%Common Stock: 33.7%PUBLIC: 26.1%Other: 3.0%REIT: 0.4%Other: 0.5%
  • US DOMESTIC · 36.4% · $241M
  • Common Stock · 33.7% · $223M
  • PUBLIC · 26.1% · $172M
  • Other · 3.0% · $20M
  • REIT · 0.4% · $3M
  • Other · 0.5% · $3M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
CCLCARNIVAL CORPNEW+1.26M1.26M+$21M$21M
WAYFAIR INCNEW+7.58M7.58M+$14M$14M
QUIDEL CORPNEW+1.50M1.50M+$10M$10M
CHANGE HEALTHCARE INCNEW+191.8K191.8K+$8M$8M
TESLA INCNEW+2.00M2.00M+$7M$7M
DRAFTKINGS INCNEW+171.5K171.5K+$6M$6M
NIKOLA CORPNEW+81.8K81.8K+$6M$6M
AMERICAN AIRLS GROUP INCNEW+5.81M5.81M+$5M$5M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q2 2020

75 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1TESLA INCNOTE 1.250% 3/0 · NOTE 2.375% 3/117.64%$117M38.73M
2CROWN CASTLE INTL CORP NEW6.875% CON PFD A8.97%$59M40.0K
3LIBERTY MEDIA CORPDEB 3.500% 1/14.25%$28M38.17M
4RESTORATION HARDWARE HLDGS IDBCV 7/13.85%$25M13.19M
5NEXTERA ENERGY INCUNIT 09/01/2022S · UNIT 99/99/99993.53%$23M483.6K
6DANAHER CORPORATION4.75 MND CV PFD2.85%$19M15.1K
7WAYFAIR INCNOTE 0.375% 9/0 · NOTE 1.125%11/02.45%$16M8.58M
8DOMINION ENERGY INCUNIT 99/99/99992.02%$13M131.8K
9TELADOC HEALTH INCNOTE 3.000%12/11.66%$11M2.54M
10EPR PPTYSPFD C CNV 5.75%1.60%$11M582.7K
11QUIDEL CORPNOTE 3.250%12/11.48%$10M1.50M
12ENERGIZER HLDGS INC NEW7.5 MCNV PFD A1.33%$9M91.2K
13CHANGE HEALTHCARE INCUNIT 99/99/99991.27%$8M191.8K
14SEMPRA ENERGY6% PFD CONV A · 6.75% CNV PFD B1.10%$7M74.7K
15QTS RLTY TR INC6.50% CON PFD B · COM CL A1.04%$7M48.6K
16AALAMERICAN AIRLS GROUP INCNOTE 6.500% 7/0 · COM1.03%$7M5.91M
17NOVELLUS SYS INCNOTE 2.625% 5/10.93%$6M606.0K
18COLFAX CORPUNIT 01/15/2022T0.91%$6M49.6K
19SOUTHERN COUNIT 08/01/20220.74%$5M111.6K
20GOSSAMER BIO INCNOTE 5.000% 6/00.69%$5M4.57M
21NIKOLA CORP*W EXP 06/03/2020.69%$5M137.0K
22HANNON ARMSTRONG SUST INFR CNOTE 4.125% 9/00.61%$4M3.50M
23DRAFTKINGS INCCOM CL A0.50%$3M99.7K
24ILLUMINA INCNOTE 0.500% 6/10.45%$3M2.00M
25SPIRIT AIRLS INCNOTE 4.750% 5/1 · COM0.42%$3M1.53M
26HOSTESS BRANDS INC*W EXP 11/04/2020.41%$3M3.18M
27CENTERPOINT ENERGY INCDEP RP PFD CV B0.39%$3M72.9K
28PENN NATL GAMING INCNOTE 2.750% 5/10.34%$2M1.50M
29ECPGENCORE CAP GROUP INCNOTE 3.000% 7/0 · NOTE 2.875% 3/1 · COM0.34%$2M2.25M
30AIGAMERICAN INTL GROUP INC*W EXP 01/19/2020.30%$2M1.41M
31BIOMARIN PHARMACEUTICAL INCNOTE 1.500%10/10.30%$2M1.50M
32BLINK CHARGING CO*W EXP 01/31/2020.22%$1M538.7K
33ASSURANT INC6.50% CONV PFD D0.22%$1M13.9K
34AVGOBROADCOM INCCOM0.20%$1M4.1K
35COUPA SOFTWARE INCNOTE 0.375% 1/10.18%$1M193.0K
36VERTIV HOLDINGS CO*W EXP 06/12/2020.17%$1M284.8K
37TMUST-MOBILE US INCCOM0.17%$1M10.7K
38ACCEL ENTERTAINMENT INC*W EXP 11/20/2020.17%$1M471.2K
39CLVTCLARIVATE PLCORD SHS0.12%$826,00037.0K
40RCLROYAL CARIBBEAN CRUISES LTDCOM0.09%$598,00011.9K
41BOSTON SCIENTIFIC CORP5.50% CNV PFD A0.09%$593,0005.7K
42EVERBRIDGE INCNOTE 1.500%11/00.08%$513,000125.0K
43VIRGIN GALACTIC HOLDINGS INCCOM0.08%$502,00030.7K
44SWKSTANLEY BLACK & DECKER INCCOM0.07%$445,0003.2K
45COLLIER CREEK HOLDINGS*W EXP 99/99/9990.06%$406,000125.1K
46BDXBECTON DICKINSON & COCOM0.05%$301,0001.3K
47NETFIN ACQUISITION CORP*W EXP 08/01/2020.04%$240,000145.1K
48AGFIRST MAJESTIC SILVER CORPCOM0.03%$190,00019.1K
49FORUM MERGER II CORP*W EXP 09/30/2020.03%$179,00038.1K
50SCHULTZE SPL PURP ACQUSTN CO*W EXP 12/31/2020.02%$137,000106.1K
51RILYB. RILEY FINANCIAL INCCOM0.02%$128,0005.9K
52AKERNA CORP*W EXP 06/17/2020.02%$112,000112.5K
53RMG ACQUISITION CORP*W EXP 02/21/2020.02%$101,000103.0K
54SILVER SPIKE ACQUISITION COR*W EXP 08/02/2020.01%$88,000175.0K
55LF CAP ACQUISITION CORP*W EXP 06/22/2020.01%$85,00094.5K
56SPARTAN ENERGY ACQUISITION C*W EXP 08/27/2020.01%$73,00040.7K
57VREXVAREX IMAGING CORPCOM0.01%$65,0004.3K
58GORDON POINTE ACQUISITION CO*W EXP 07/30/2020.01%$55,00025.0K
59AMCI ACQUISITION CORP*W EXP 05/20/2020.01%$55,000100.3K
60MEGALITH FINL ACQUISITION CO*W EXP 08/26/2020.01%$49,00058.5K
61HENNESSY CAP ACQUSTION CORP*W EXP 09/05/2020.01%$41,00036.9K
62KALEYRA INCCOM0.01%$39,0009.6K
63MONOCLE ACQUISITION CORP*W EXP 12/06/2020.00%$30,00046.3K
64TRIDENT ACQUISITIONS CORP*W EXP 05/09/2020.00%$28,00059.9K
65GIGCAPITAL2 INC*W EXP 02/28/2020.00%$25,00050.0K
66ANDINA ACQUISITION CORP III*W EXP 07/31/2020.00%$22,00050.0K
67LEGACY ACQUISITION CORP*W EXP 11/30/2020.00%$21,00043.1K
68GALILEO ACQUISITION CORP*W EXP 10/31/2020.00%$19,00033.2K
69INTL GNRL INSURANCE HLDNGS L*W EXP 03/17/2020.00%$13,00037.5K
70METEN EDTECHX ED GROUP LTD*W EXP 03/31/2020.00%$6,00010.0K
71MEDIGUS LTD*W EXP 07/23/2020.00%$6,00030.0K
72GLRY STR NW MDIA GRUP HLDG L*W EXP 02/13/2020.00%$4,00087.6K
73MERIDA MERGER CORP I*W EXP 11/07/2020.00%$3,0005.0K
74OSWONESPAWORLD HOLDINGS LIMITEDCOM0.00%$2,000500
75SPYSPDR S&P 500 ETF TRTR UNIT0.00%$2,0008

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q2 2021Under review2Jul 20, 202113F-HRchanges · EDGAR ↗
Q1 2021$519M245Apr 19, 202113F-HRchanges · EDGAR ↗
Q4 2020$1.7B219Jan 26, 202113F-HRchanges · EDGAR ↗
Q3 2020$893M168Oct 13, 202013F-HRchanges · EDGAR ↗
Q2 2020$662M142Jul 20, 202013F-HRchanges · EDGAR ↗
Q1 2020$436M122Apr 23, 202013F-HRchanges · EDGAR ↗
Q4 2019$363M145Jan 17, 202013F-HRchanges · EDGAR ↗
Q3 2019$434M140Nov 1, 2019RESTATEMENTchanges · EDGAR ↗
Q2 2019$384M141Jul 9, 201913F-HRchanges · EDGAR ↗
Q1 2019$524M98Apr 8, 201913F-HRchanges · EDGAR ↗
Q4 2018$360M80Jan 30, 201913F-HRchanges · 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 ↗.