Managers / Q3 2020 · view latest →
EQUITEC SPECIALISTS, LLC
CIK 0001108829 · 111 WEST JACKSON BLVD, 20 TH FLOOR, CHICAGO, IL, 60604 · 312-692-5011
Reported Value
$893M
Q3 2020
Positions
168
Filings on Record
12
2019–present window
Filed
Oct 13, 2020
original filing
Summary
Equitec Specialists, LLC reported $893M in U.S.-listed holdings across 168 positions for Q3 2020.
The portfolio is heavily concentrated: Tesla alone accounts for 30.2% of reported value.
Compared with Q2 2020, the fund opened 61 new positions and exited 38.
Portfolio Metrics
Turnover
+29.6%
vs prior filed quarter
Top-10 Concentration
+53.3%
share of reported value
Largest Position
+30.2%
Tesla
New / Exited
61 / 38
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
- US DOMESTIC · 46.8% · $418M
- Common Stock · 33.6% · $300M
- PUBLIC · 11.5% · $102M
- Other · 4.9% · $44M
- GLOBAL · 2.1% · $19M
- Other · 1.1% · $10M
Quarter-over-Quarter Changes full breakdown →
vs Q2 2020 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| PG&E CORP | NEW | +168.6K | 168.6K | +$17M | $17M |
| CAESARS ENTMT CORP | NEW | +7.64M | 7.64M | +$15M | $15M |
| PURPLE INNOVATION INC | NEW | +1.93M | 1.93M | +$13M | $13M |
| GFL ENVIRONMENTAL INC | NEW | +194.4K | 194.4K | +$10M | $10M |
| UTZ BRANDS INC | NEW | +1.19M | 1.19M | +$8M | $8M |
| NEXTERA ENERGY INC | NEW | +152.1K | 152.1K | +$7M | $7M |
| SERVICENOW INC | NEW | +1.75M | 1.75M | +$6M | $6M |
| NIO INC | NEW | +2.50M | 2.50M | +$6M | $6M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q3 2020
99 positions
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | TESLA INC | NOTE 1.250% 3/0 · NOTE 2.375% 3/1 | 30.23% | $270M | 44.84M |
| 2 | TELADOC HEALTH INC | NOTE 3.000%12/1 | 5.02% | $45M | 9.01M |
| 3 | LIBERTY MEDIA CORP DEL | DEB 3.500% 1/1 | 4.02% | $36M | 43.19M |
| 4 | DANAHER CORPORATION | 4.75 MND CV PFD | 2.61% | $23M | 15.8K |
| 5 | NOVELLUS SYS INC | NOTE 2.625% 5/1 | 2.38% | $21M | 2.04M |
| 6 | NEXTERA ENERGY INC | UNIT 99/99/9999 · UNIT 09/01/2022S | 2.12% | $19M | 381.5K |
| 7 | AMERICAN AIRLS GROUP INC | NOTE 6.500% 7/0 | 1.86% | $17M | 18.06M |
| 8 | PG&E CORP | UNIT 99/99/9999 | 1.85% | $17M | 168.6K |
| 9 | CAESARS ENTMT CORP | NOTE 5.000%10/0 | 1.68% | $15M | 7.64M |
| 10 | PURPLE INNOVATION INC | *W EXP 02/02/202 | 1.46% | $13M | 1.93M |
| 11 | GFL ENVIRONMENTAL INC | UNIT 99/99/9999T | 1.16% | $10M | 194.4K |
| 12 | QTS RLTY TR INC | 6.50% CON PFD B | 1.14% | $10M | 71.8K |
| 13 | CHANGE HEALTHCARE INC | UNIT 99/99/9999 | 1.10% | $10M | 184.1K |
| 14 | BLINK CHARGING CO | *W EXP 01/31/202 | 1.01% | $9M | 1.49M |
| 15 | UTZ BRANDS INC | *W EXP 08/28/202 | 0.87% | $8M | 1.19M |
| 16 | SERVICENOW INC | NOTE 6/0 | 0.71% | $6M | 1.75M |
| 17 | HANNON ARMSTRONG SUST INFR C | NOTE 4.125% 9/0 | 0.70% | $6M | 3.91M |
| 18 | NIO INC | NOTE 4.500% 2/0 | 0.67% | $6M | 2.50M |
| 19 | SPYSPDR S&P 500 ETF TR | TR UNIT | 0.48% | $4M | 12.7K |
| 20 | CCLCARNIVAL CORP | UNIT 99/99/9999 | 0.47% | $4M | 275.0K |
| 21 | SEMPRA ENERGY | 6% PFD CONV A · 6.75% CNV PFD B | 0.46% | $4M | 41.3K |
| 22 | PINDUODUO INC | NOTE 10/0 | 0.40% | $4M | 2.00M |
| 23 | ENCORE CAP GROUP INC | NOTE 2.875% 3/1 | 0.33% | $3M | 3.00M |
| 24 | COLFAX CORP | UNIT 01/15/2022T | 0.33% | $3M | 21.9K |
| 25 | VIVINT SMART HOME INC | *W EXP 01/17/202 | 0.31% | $3M | 435.1K |
| 26 | FLYYQSPIRIT AIRLS INC | NOTE 4.750% 5/1 · COM | 0.28% | $3M | 1.52M |
| 27 | HOSTESS BRANDS INC | *W EXP 11/04/202 | 0.28% | $2M | 3.03M |
| 28 | NUANCE COMMUNICATIONS INC | DEBT 1.500%11/0 | 0.28% | $2M | 1.50M |
| 29 | SOUTHERN CO | UNIT 08/01/2022 | 0.26% | $2M | 50.1K |
| 30 | DRAFTKINGS INC | COM CL A | 0.24% | $2M | 37.1K |
| 31 | BILIBILI INC | NOTE 1.375% 4/0 | 0.24% | $2M | 1.20M |
| 32 | ELANCO ANIMAL HEALTH INC | UNIT 02/01/2023T | 0.13% | $1M | 26.7K |
| 33 | AMERICAN ELEC PWR CO INC | UNIT 99/99/9999 | 0.13% | $1M | 23.2K |
| 34 | RCLROYAL CARIBBEAN GROUP | COM | 0.10% | $937,000 | 14.5K |
| 35 | KKRKKR & CO INC | COM | 0.10% | $901,000 | 26.2K |
| 36 | INTERNATIONAL FLAVORS&FRAGRA | UNIT 09/15/2021 | 0.10% | $897,000 | 20.3K |
| 37 | OXY/WSOCCIDENTAL PETE CORP | *W EXP 08/03/202 | 0.07% | $640,000 | 213.3K |
| 38 | VERTIV HOLDINGS CO | *W EXP 06/12/202 | 0.07% | $607,000 | 93.7K |
| 39 | TORTOISE ACQUISITION CORP | *W EXP 03/04/202 | 0.06% | $563,000 | 22.1K |
| 40 | ENERGIZER HLDGS INC NEW | 7.5 MCNV PFD A | 0.06% | $514,000 | 6.2K |
| 41 | GOSSAMER BIO INC | NOTE 5.000% 6/0 | 0.06% | $510,000 | 500.0K |
| 42 | EVERBRIDGE INC | NOTE 1.500%11/0 | 0.05% | $467,000 | 125.0K |
| 43 | CHURCHILL CAP CORP III | *W EXP 03/01/202 | 0.04% | $384,000 | 192.1K |
| 44 | DDOMINION ENERGY INC | COM | 0.04% | $360,000 | 4.6K |
| 45 | BWBABCOCK & WILCOX ENTERPRISES | COM | 0.04% | $360,000 | 155.4K |
| 46 | ZDJ2 GLOBAL INC | COM | 0.03% | $311,000 | 4.5K |
| 47 | FORUM MERGER II CORP | *W EXP 09/30/202 · CL A | 0.03% | $259,000 | 27.9K |
| 48 | WHOLE EARTH BRANDS INC | *W EXP 06/25/202 | 0.03% | $242,000 | 249.2K |
| 49 | PROPTECH ACQUISITION CORP | *W EXP 05/26/202 | 0.03% | $240,000 | 145.9K |
| 50 | LANDCADIA HLDGS II INC | *W EXP 05/09/202 | 0.02% | $212,000 | 48.2K |
| 51 | GLOBAL BLUE GROUP HOLDING AG | *W EXP 08/28/202 | 0.02% | $212,000 | 331.6K |
| 52 | RMG ACQUISITION CORP | *W EXP 02/21/202 | 0.02% | $203,000 | 95.0K |
| 53 | OMEROS CORP | NOTE 5.250% 2/1 | 0.02% | $195,000 | 230.0K |
| 54 | AGFIRST MAJESTIC SILVER CORP | COM | 0.02% | $182,000 | 19.1K |
| 55 | LF CAP ACQUISITION CORP | *W EXP 06/22/202 | 0.02% | $165,000 | 91.8K |
| 56 | RILYB. RILEY FINANCIAL INC | COM | 0.02% | $148,000 | 5.9K |
| 57 | NETFIN ACQUISITION CORP | *W EXP 08/01/202 | 0.02% | $140,000 | 106.5K |
| 58 | BOSTON SCIENTIFIC CORP | 5.50% CNV PFD A | 0.01% | $127,000 | 1.1K |
| 59 | VIRGIN GALACTIC HOLDINGS INC | COM | 0.01% | $122,000 | 6.3K |
| 60 | FLYING EAGLE ACQUISITION COR | *W EXP 02/26/202 | 0.01% | $109,000 | 33.4K |
| 61 | SILVER SPIKE ACQUISITION COR | *W EXP 08/02/202 | 0.01% | $107,000 | 175.0K |
| 62 | AMCI ACQUISITION CORP | *W EXP 05/20/202 | 0.01% | $97,000 | 143.3K |
| 63 | SCHULTZE SPL PURP ACQUSTN CO | *W EXP 12/31/202 | 0.01% | $87,000 | 168.2K |
| 64 | PROPROS HOLDINGS INC | COM | 0.01% | $80,000 | 2.5K |
| 65 | INSURANCE ACQUISITION CORP | *W EXP 03/31/202 | 0.01% | $73,000 | 26.4K |
| 66 | GIGCAPITAL3 INC | *W EXP 05/18/202 | 0.01% | $64,000 | 99.7K |
| 67 | BEBLOOM ENERGY CORP | COM CL A | 0.01% | $52,000 | 2.9K |
| 68 | GIGCAPITAL2 INC | *W EXP 02/28/202 | 0.01% | $46,000 | 50.0K |
| 69 | ALUSSA ENERGY ACQUISITION CO | *W EXP 10/31/202 | 0.01% | $46,000 | 71.0K |
| 70 | AKERNA CORP | *W EXP 06/17/202 | 0.00% | $42,000 | 112.5K |
| 71 | CHGGCHEGG INC | COM | 0.00% | $40,000 | 560 |
| 72 | CONYERS PK II ACQUISITION CO | *W EXP 07/18/202 | 0.00% | $38,000 | 22.5K |
| 73 | CARDLYTICS INC | COM | 0.00% | $35,000 | 500 |
| 74 | COLLECTIVE GROWTH CORP | *W EXP 04/30/202 | 0.00% | $31,000 | 50.0K |
| 75 | MERIDA MERGER CORP I | *W EXP 11/07/202 | 0.00% | $29,000 | 55.0K |
| 76 | EAST RES ACQUISITION CO | *W EXP 07/01/202 | 0.00% | $29,000 | 45.0K |
| 77 | INTERPRIVATE ACQUISITION COR | *W EXP 10/24/202 | 0.00% | $27,000 | 32.6K |
| 78 | LIV CAP ACQUISITION CORP | *W EXP 12/13/202 | 0.00% | $24,000 | 50.0K |
| 79 | HUDSON EXECUTIVE INVT CORP | *W EXP 06/21/202 | 0.00% | $24,000 | 20.0K |
| 80 | MONOCLE ACQUISITION CORP | *W EXP 12/06/202 | 0.00% | $23,000 | 46.3K |
| 81 | INTL GNRL INSURANCE HLDNGS L | *W EXP 03/17/202 | 0.00% | $22,000 | 37.5K |
| 82 | TRIDENT ACQUISITIONS CORP | *W EXP 05/09/202 | 0.00% | $22,000 | 59.9K |
| 83 | GALILEO ACQUISITION CORP | *W EXP 10/31/202 | 0.00% | $21,000 | 33.2K |
| 84 | HL ACQUISITIONS CORP | *W EXP 06/21/202 | 0.00% | $21,000 | 10.2K |
| 85 | LEGACY ACQUISITION CORP | *W EXP 11/30/202 | 0.00% | $19,000 | 35.7K |
| 86 | ANDINA ACQUISITION CORP III | *W EXP 07/31/202 | 0.00% | $17,000 | 50.0K |
| 87 | HPX CORP | *W EXP 07/14/202 | 0.00% | $16,000 | 17.4K |
| 88 | MEGALITH FINL ACQUISITION CO | *W EXP 08/26/202 | 0.00% | $14,000 | 20.6K |
| 89 | KENSINGTON CAP ACQUISITION C | *W EXP 07/01/202 | 0.00% | $13,000 | 3.0K |
| 90 | GNRWQGREENROSE ACQUISITION CORP | *W EXP 08/11/202 | 0.00% | $12,000 | 50.0K |
| 91 | EAST STONE ACQUISITION CORP | *W EXP 12/31/202 | 0.00% | $10,000 | 50.0K |
| 92 | COLONY CAP INC NEW | CL A COM | 0.00% | $9,000 | 3.4K |
| 93 | CHARDAN HEALTHCR ACQSTN 2 CO | *W EXP 03/05/202 | 0.00% | $7,000 | 10.0K |
| 94 | XIFRNEXTERA ENERGY PARTNERS LP | COM UNIT PART IN | 0.00% | $6,000 | 100 |
| 95 | MEDIGUS LTD | *W EXP 07/23/202 | 0.00% | $5,000 | 30.0K |
| 96 | HALL OF FAME RESORT & ENTMT | *W EXP 07/01/202 | 0.00% | $5,000 | 18.5K |
| 97 | NEWBORN ACQUISITION CORP | *W EXP 02/03/202 | 0.00% | $4,000 | 12.1K |
| 98 | METEN EDTECHX ED GROUP LTD | *W EXP 03/31/202 | 0.00% | $2,000 | 10.0K |
| 99 | GLRY STR NW MDIA GRUP HLDG L | *W EXP 02/13/202 | 0.00% | $2,000 | 40.4K |
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 ↗.