SEC 13F Intelligence

Managers / Q4 2020 · view latest →

EQUITEC SPECIALISTS, LLC

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

Reported Value
$1.7B
Q4 2020
Positions
219
Filings on Record
12
2019–present window
Filed
Jan 26, 2021
original filing

Summary

Equitec Specialists, LLC reported $1.7B in U.S.-listed holdings across 219 positions for Q4 2020.

The portfolio is heavily concentrated: Tesla alone accounts for 47.8% of reported value.

Compared with Q3 2020, the fund opened 86 new positions and exited 52.

Portfolio Metrics

Turnover
+13.6%
vs prior filed quarter
Top-10 Concentration
+64.4%
share of reported value
Largest Position
+47.8%
Tesla
New / Exited
86 / 52
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: 61.5%Common Stock: 28.8%PUBLIC: 4.6%Other: 3.2%GLOBAL: 1.3%Other: 0.6%
  • US DOMESTIC · 61.5% · $1.0B
  • Common Stock · 28.8% · $479M
  • PUBLIC · 4.6% · $76M
  • Other · 3.2% · $54M
  • GLOBAL · 1.3% · $21M
  • Other · 0.6% · $10M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
TESLA INCNEW+33.37M33.37M+$379M$379M
VELODYNE LIDAR INCNEW+560.7K560.7K+$13M$13M
FISKER INCNEW+2.51M2.51M+$12M$12M
MERCADOLIBRE INCNEW+3.21M3.21M+$12M$12M
AMZNAMAZON COM INCNEW+3.6K3.6K+$12M$12M
COWEN INCNEW+7.01M7.01M+$11M$11M
TATTOOED CHEF INCNEW+776.8K776.8K+$9M$9M
REALPAGE INCNEW+2.50M2.50M+$5M$5M

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

Holdings — Q4 2020

119 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1TESLA INCNOTE 2.000% 5/1 · NOTE 1.250% 3/0 · NOTE 2.375% 3/147.81%$795M74.91M
2TELADOC HEALTH INCNOTE 3.000%12/13.13%$52M11.48M
3NIO INCNOTE 4.500% 2/02.77%$46M8.90M
4LIBERTY MEDIA CORP DELDEB 3.500% 1/12.47%$41M45.71M
5PG&E CORPUNIT 99/99/99991.95%$32M264.3K
6NOVELLUS SYS INCNOTE 2.625% 5/11.82%$30M2.05M
7NEXTERA ENERGY INCUNIT 99/99/9999 · UNIT 09/01/2022S1.35%$22M425.6K
8PINDUODUO INCNOTE 10/01.28%$21M5.00M
9GFL ENVIRONMENTAL INCUNIT 99/99/9999T1.01%$17M239.4K
10AALAMERICAN AIRLS GROUP INCCOM · NOTE 6.500% 7/00.77%$13M4.95M
11FISKER INC*W EXP 12/01/2020.74%$12M2.51M
12MERCADOLIBRE INCNOTE 2.000% 8/10.73%$12M3.21M
13VELODYNE LIDAR INCCOM · *W EXP 09/29/2020.66%$11M552.5K
14COWEN INCNOTE 3.000%12/10.65%$11M7.01M
15NUANCE COMMUNICATIONS INCDEBT 1.500%11/00.58%$10M4.51M
16TTCFQTATTOOED CHEF INC*W EXP 10/15/202 · COM CL A0.55%$9M786.5K
17HOSTESS BRANDS INC*W EXP 11/04/2020.33%$6M3.46M
18REALPAGE INCNOTE 1.500%11/10.31%$5M2.50M
19CHANGE HEALTHCARE INCUNIT 99/99/99990.27%$4M69.9K
20J2 GLOBAL INCNOTE 3.250% 6/10.25%$4M2.85M
21AMZNAMAZON COM INCCOM0.23%$4M1.2K
22FLYYQSPIRIT AIRLS INCNOTE 4.750% 5/1 · COM0.21%$4M1.40M
23MGKVANGUARD WORLD FDMEGA GRWTH IND0.21%$3M17.0K
24PURPLE INNOVATION INCCOM0.21%$3M104.0K
25IQIYI INCNOTE 4.000%12/10.16%$3M2.63M
26SUNPOWER CORPDBCV 4.000% 1/10.16%$3M2.02M
27LORDSTOWN MOTORS CORPCOM CL A · *W EXP 10/23/2020.14%$2M123.9K
28INOVIO PHARMACEUTICALS INCNOTE 6.500% 3/00.12%$2M1.23M
29APTIV PLCSHS0.11%$2M14.4K
30RCLROYAL CARIBBEAN GROUPCOM0.11%$2M23.6K
31OXY/WSOCCIDENTAL PETE CORP*W EXP 08/03/202 · COM0.10%$2M198.0K
32DRAFTKINGS INCCOM CL A0.10%$2M35.7K
33SKILLZ INC*W EXP 02/26/202 · COM0.10%$2M186.6K
34GOLDEN NUGGET ONLINE GAMINCOM CL A · *W EXP 05/09/2020.09%$1M85.8K
35EOSEEOS ENERGY ENTERPRISES INCCOM CL A · *W EXP 05/06/2020.07%$1M57.1K
36CLVRWCLEVER LEAVES HOLDINGS INC*W EXP 12/18/202 · COM0.07%$1M722.3K
37DESKTOP METAL INC*W EXP 03/31/202 · COM CL A0.07%$1M183.0K
38GLOBAL BLUE GROUP HOLDING AG*W EXP 08/28/202 · ORD SHS0.06%$1M375.8K
39DYCOM INDS INCNOTE 0.750% 9/10.05%$909,000881.0K
40MULTIPLAN CORPORATION*W EXP 02/13/202 · COM0.05%$788,000436.8K
41BLNKBLINK CHARGING CO*W EXP 01/31/202 · COM0.03%$577,00014.2K
42BWBABCOCK & WILCOX ENTERPRISESCOM0.03%$510,000145.3K
43TRITERRAS INC*W EXP 02/02/2020.03%$487,000219.4K
44XLISELECT SECTOR SPDR TRSBI INT-INDS0.02%$373,0004.2K
45PORCH GROUP INC*W EXP 12/23/2020.02%$323,000102.5K
46GIGCAPITAL3 INC*W EXP 05/18/202 · COM0.02%$288,00081.8K
47HASIHANNON ARMSTRONG SUST INFR CCOM0.02%$282,0004.4K
48WHOLE EARTH BRANDS INC*W EXP 06/25/2020.02%$276,000200.0K
49UTZUTZ BRANDS INCCOM CL A · *W EXP 08/28/2020.02%$272,00015.6K
50MEDTECH ACQUISITION CORPUNIT 12/18/20250.02%$263,00025.0K
51AGFIRST MAJESTIC SILVER CORPCOM0.02%$257,00019.1K
52RILYB. RILEY FINANCIAL INCCOM0.02%$252,0005.7K
53COLFAX CORPCOM · UNIT 01/15/2022T0.01%$249,0006.2K
54RUSH STREET INTERACTIVE INC*W EXP 02/21/2020.01%$232,00030.3K
55LF CAP ACQUISITION CORP*W EXP 06/22/2020.01%$178,00091.8K
56SOUTH MTN MERGER CORP*W EXP 06/20/2020.01%$178,00041.8K
57HYLNHYLIION HOLDINGS CORPCOMMON STOCK0.01%$170,00010.3K
58INTERPRIVATE ACQUISITION COR*W EXP 10/24/2020.01%$134,00032.6K
59GIGCAPITAL2 INC*W EXP 02/28/2020.01%$118,00060.0K
60CEREVEL THERAPEUTICS HLDNG I*W EXP 06/09/2020.01%$115,00020.3K
61FUSION FUEL GREEN PLC*W EXP 07/01/2020.01%$102,00015.3K
62D8 HOLDINGS CORP*W EXP 08/05/2020.01%$99,00094.2K
63TRIDENT ACQUISITIONS CORP*W EXP 05/09/2020.01%$91,00039.8K
64SHIFT TECHNOLOGIES INCCL A · *W EXP 10/13/2020.01%$88,00011.3K
65SPARTACUS ACQUISITION CORP*W EXP 10/31/2020.01%$84,00074.9K
66HUDSON EXECUTIVE INVT CORP*W EXP 06/21/2020.01%$84,00048.5K
67OPENOPENDOOR TECHNOLOGIES INCCOM0.00%$81,0003.5K
68AKERNA CORP*W EXP 06/17/202 · COM0.00%$80,00086.2K
69MEGALITH FINL ACQUISITION CO*W EXP 08/26/2020.00%$77,00026.6K
70LGL SYS ACQUISITION CORP*W EXP 11/12/2020.00%$71,00043.8K
71CAPSTAR SPL PURP ACQUISITION*W EXP 99/99/9990.00%$71,00050.0K
72ADVANTAGE SOLUTIONS INC*W EXP 07/18/2020.00%$64,00022.5K
73TAILWIND ACQUISITION CORP*W EXP 09/07/2020.00%$64,00045.4K
74ALUSSA ENERGY ACQUISITION CO*W EXP 10/31/2020.00%$61,00049.9K
75LEISURE ACQUISITION CORP*W EXP 99/99/9990.00%$59,00075.0K
76AMERICAN INTL GROUP INC*W EXP 01/19/2020.00%$56,000470.6K
77MERIDA MERGER CORP I*W EXP 11/07/2020.00%$55,00055.0K
78HPX CORP*W EXP 07/14/2020.00%$54,00050.0K
79SEAPORT GLOBAL ACQUISITN COR*W EXP 12/15/2020.00%$51,00050.0K
80EAST RES ACQUISITION CO*W EXP 07/01/2020.00%$51,00045.0K
81CHARDAN HEALTHCR ACQSTN 2 CO*W EXP 03/05/2020.00%$50,00050.4K
82IG ACQUISITION CORP*W EXP 10/05/2020.00%$50,00030.1K
83VIRGIN GALACTIC HOLDINGS INCCOM0.00%$49,0002.0K
84AMCI ACQUISITION CORP*W EXP 05/20/2020.00%$48,00014.2K
85AERSALE CORPORATION*W EXP 11/04/2020.00%$47,00025.3K
86VISTAS MEDIA ACQUISITION CO*W EXP 08/01/2020.00%$43,00050.0K
87AMPLITUDE HLTHCRE AQUSTIN CO*W EXP 12/01/2020.00%$42,00029.2K
88VPC IMPACT ACQUISITION HLDNG*W EXP 10/22/2020.00%$41,00037.3K
89MALLARD ACQUISITION CORP*W EXP 06/30/2020.00%$40,00050.0K
90ANDINA ACQUISITION CORP III*W EXP 07/31/2020.00%$40,00050.0K
91PETRA ACQUISITION INC*W EXP 05/25/2020.00%$38,00042.8K
92BRILLIANT ACQUISITION CORP*W EXP 03/31/2020.00%$37,00050.0K
93ACE CONVERGENCE ACQU CORP*W EXP 09/30/2020.00%$35,00025.5K
94FTVFORTIVE CORPCOM0.00%$35,000500
95LIV CAP ACQUISITION CORP*W EXP 12/13/2020.00%$35,00050.0K
96GREENCITY ACQUISITION CORP*W EXP 04/28/2020.00%$34,00048.6K
97SANDBRIDGE ACQUISITION CORP*W EXP 09/14/2020.00%$32,00024.8K
98HIGHCAPE CAP ACQUISITION COR*W EXP 09/30/2020.00%$32,00028.5K
99EAST STONE ACQUISITION CORP*W EXP 12/31/2020.00%$32,00050.0K
100INTL GNRL INSURANCE HLDNGS L*W EXP 03/17/2020.00%$30,00037.5K

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 ↗.