SEC 13F Intelligence

Managers / Q4 2021 · view latest →

BDCM CT, L.L.C.

CIK 0001282197 · 2187 ATLANTIC STREET, 9TH FLOOR, STAMFORD, CT, 06902 · 203-552-0888

Reported Value
$188M
Q4 2021
Positions
16
Filings on Record
23
2019–present window
Filed
Feb 14, 2022
original filing

Summary

Bdcm Ct, L.L.C. reported $188M in U.S.-listed holdings across 16 positions for Q4 2021.

The portfolio is heavily concentrated: CPSS alone accounts for 25.6% of reported value.

Compared with Q3 2020, the fund opened 12 new positions and exited 3.

Portfolio Metrics

Turnover
+8.8%
vs prior filed quarter
Top-10 Concentration
+95.8%
share of reported value
Largest Position
+25.6%
Consumer Portfolio Svcs
New / Exited
12 / 3
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: $79MQ4 ’18Q1 ’19: $101MQ2 ’19: $87MQ3 ’19: $74MQ3 ’19Q4 ’19: $93MQ1 ’20: $25MQ2 ’20: $30MQ2 ’20Q3 ’20: $44MQ4 ’21: $188MQ1 ’22: $198MQ1 ’22Q2 ’22: $184MQ3 ’22: $164MQ4 ’22: $163MQ4 ’22Q1 ’23: $173MQ2 ’23: $160MQ3 ’23: $139MQ3 ’23Q4 ’23: $139MQ1 ’24: $152MQ2 ’24: $165MQ2 ’24Q3 ’24: $169MQ4 ’24: $186MQ1 ’25: $168MQ1 ’25Q2 ’25: $172Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 79.9%ETP: 13.5%Other: 6.6%
  • Common Stock · 79.9% · $151M
  • ETP · 13.5% · $25M
  • Other · 6.6% · $13M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2020 (amended baseline) · note: prior filed quarter, not the immediately preceding one

IssuerMoveShare ΔShares nowValue ΔValue now
FSKFS KKR CAP CORPNEW+1.87M1.87M+$39M$39M
BKLNINVESCO EXCH TRADED FD TR IINEW+1.15M1.15M+$25M$25M
KVHIKVH INDS INCNEW+1.28M1.28M+$12M$12M
UBSUBS GROUP AGNEW+537.1K537.1K+$10M$10M
PONTEM CORPORATIONNEW+249.8K249.8K+$2M$2M
AF ACQUISITION CORPNEW+250.0K250.0K+$2M$2M
TLG ACQUISITION ONE CORPNEW+250.0K250.0K+$2M$2M
BUILD ACQUISITION CORPNEW+200.0K200.0K+$2M$2M

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

Holdings — Q4 2021

16 positions
#IssuerClass% PortfolioValueShares
1CPSSCONSUMER PORTFOLIO SVCS INChistory →COM25.60%$48M4.07M
2FSKFS KKR CAP CORPhistory →COM20.83%$39M1.87M
3SARSARATOGA INVT CORPhistory →COM NEW15.25%$29M978.4K
4BKLNINVESCO EXCH TRADED FD TR IIhistory →SR LN ETF13.49%$25M1.15M
5KVHIKVH INDS INChistory →COM6.26%$12M1.28M
6CPHCCANTERBURY PK HLDG CORPhistory →COM5.44%$10M593.4K
7UBSUBS GROUP AGhistory →SHS5.09%$10M537.1K
8AF ACQUISITION CORPUNIT 03/23/20281.30%$2M250.0K
9PONTEM CORPORATIONSHS CL A1.30%$2M249.8K
10TLG ACQUISITION ONE CORPCOM CL A1.29%$2M250.0K
11BUILD ACQUISITION CORPCOM CLASS A1.04%$2M200.0K
12BRK/ABERKSHIRE HATHAWAY INC DELCL A0.96%$2M4
13MASON INDUSTRIAL TECHNOLGY ICOM CL A0.90%$2M174.6K
14NOTVQINOTIV INCCOM0.44%$831,00019.8K
15NORTH ATLANTIC ACQUISITN CORCL A SHS0.44%$822,00083.5K
16POEMA GLOBAL HOLDINGS CORPCL A SHS0.38%$715,00072.4K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q2 2025$172M13Aug 14, 202513F-HRchanges · EDGAR ↗
Q1 2025$168M13May 15, 202513F-HRchanges · EDGAR ↗
Q4 2024$186M14Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$169M12Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$165M12Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$152M13May 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$139M11Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$139M10Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$160M12Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$173M12May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022$163M12Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$164M12Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$184M11Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$198M19May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$188M16Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2020$44M7Nov 16, 202013F-HRchanges · EDGAR ↗
Q2 2020$30M4Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$25M5May 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$93M6Feb 14, 202013F-HRchanges · EDGAR ↗
Q3 2019$74M6Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019$87M6Aug 14, 201913F-HRchanges · EDGAR ↗
Q1 2019$101M7May 15, 201913F-HRchanges · EDGAR ↗
Q4 2018$79M5Feb 14, 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 ↗.