Managers / Q4 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 $250M in U.S.-listed holdings across 6 positions for Q4 2023.
The portfolio is heavily concentrated: Semrush alone accounts for 39.7% of reported value.
Compared with Q3 2023, the fund opened 1 new position and exited 1.
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 · 92.7% · $232M
- REIT · 5.8% · $15M
- Other · 1.5% · $4M
Quarter-over-Quarter Changes full breakdown →
vs Q3 2023 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| FATHOM DIGITAL MFG CORP | NEW | +831.7K | 831.7K | +$4M | $4M |
| FATHOM DIGITAL MFG CORP | SOLD OUT | −831.7K | 0 | −$5M | $0 |
| SEMRUSH HLDGS INC | HELD | +0 | 7.27M | +$38M | $99M |
| FYBRFRONTIER COMMUNICATIONS PARE | HELD | +0 | 1.43M | +$14M | $36M |
| RPRXROYALTY PHARMA PLC | HELD | +0 | 3.39M | +$3M | $95M |
| SVCSERVICE PPTYS TR | HELD | +0 | 1.71M | +$1M | $15M |
| PNBKPATRIOT NATL BANCORP INC | HELD | +0 | 299.7K | −$373,615 | $1M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q4 2023
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | SEMRUSH HLDGS INC | CL A COM | 39.69% | $99M | 7.27M |
| 2 | RPRXROYALTY PHARMA PLChistory → | SHS CL A | 38.07% | $95M | 3.39M |
| 3 | FYBRFRONTIER COMMUNICATIONS PAREhistory → | COM | 14.47% | $36M | 1.43M |
| 4 | SVCSERVICE PPTYS TRhistory → | COM SH BEN INT | 5.83% | $15M | 1.71M |
| 5 | FATHOM DIGITAL MFG CORP | CL A | 1.48% | $4M | 831.7K |
| 6 | PNBKPATRIOT NATL BANCORP INC | COM NEW | 0.46% | $1M | 299.7K |
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 ↗.