Managers / Q2 2023 · view latest →
Siguler Guff Advisers, LLC
CIK 0001328551 · 200 PARK AVENUE, 14TH FLOOR, NEW YORK, NY, 10166 · 212 332-5100
Summary
Siguler Guff Advisers, LLC reported $226M in U.S.-listed holdings across 7 positions for Q2 2023.
The portfolio is heavily concentrated: RPRX alone accounts for 46.2% of reported value.
Compared with Q1 2023, the fund opened 1 new position and exited 0.
Portfolio Metrics
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
Portfolio Composition
- Common Stock · 90.4% · $204M
- REIT · 6.6% · $15M
- Other · 3.0% · $7M
Quarter-over-Quarter Changes full breakdown →
vs Q1 2023 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| TOSTTOAST INC | NEW | +60.4K | 60.4K | +$1M | $1M |
| RPRXROYALTY PHARMA PLC | HELD | +0 | 3.39M | −$18M | $104M |
| FYBRFRONTIER COMMUNICATIONS PARE | HELD | +0 | 1.43M | −$6M | $27M |
| SEMRUSH HLDGS INC | HELD | +50 | 7.27M | −$3M | $70M |
| SVCSERVICE PPTYS TR | HELD | +0 | 1.71M | −$2M | $15M |
| FATHOM DIGITAL MFG CORP | HELD | +0 | 16.63M | −$2M | $7M |
| PNBKPATRIOT NATL BANCORP INC | HELD | +0 | 299.7K | −$281,728 | $2M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q2 2023
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | RPRXROYALTY PHARMA PLChistory → | SHS CL A | 46.16% | $104M | 3.39M |
| 2 | SEMRUSH HLDGS INC | CL A COM | 30.81% | $70M | 7.27M |
| 3 | FYBRFRONTIER COMMUNICATIONS PAREhistory → | COM | 11.79% | $27M | 1.43M |
| 4 | SVCSERVICE PPTYS TRhistory → | COM SH BEN INT | 6.57% | $15M | 1.71M |
| 5 | FATHOM DIGITAL MFG CORP | CLA A COM | 3.02% | $7M | 16.63M |
| 6 | PNBKPATRIOT NATL BANCORP INChistory → | COM NEW | 1.05% | $2M | 299.7K |
| 7 | TOSTTOAST INC | Cl A | 0.60% | $1M | 60.4K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q3 2025 | $56M | 2 | Oct 15, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $70M | 2 | Jul 29, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $72M | 2 | Apr 29, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $201M | 4 | Jan 23, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $269M | 5 | Oct 28, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $233M | 5 | Jul 25, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $251M | 6 | Apr 26, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $250M | 6 | Jan 29, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $196M | 6 | Oct 19, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $226M | 7 | Jul 31, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $256M | 6 | May 5, 2023 | 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 ↗.