SEC 13F Intelligence

Managers / Q4 2018 · view latest →

TEGEAN CAPITAL MANAGEMENT, LLC

CIK 0001536063 · 405 LEXINGTON AVENUE, 26TH FLOOR, SUITE 2622, NEW YORK, NY, 10174 · 212-201-1953

Reported Value
$103M
Q4 2018
Positions
19
Filings on Record
26
2019–present window
Filed
May 15, 2019
amendment (RESTATEMENT)

Summary

Tegean Capital Management, LLC reported $103M in U.S.-listed holdings across 19 positions for Q4 2018.

Its largest position, AGO, represents 10.8% of the portfolio.

Portfolio Metrics

Top-10 Concentration
+56.7%
share of reported value
Largest Position
+10.8%
Assured Guaranty

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: $103MQ4 ’18Q1 ’19: $147MQ2 ’19: $114MQ3 ’19: $84MQ3 ’19Q4 ’19: $67MQ1 ’20: $28MQ2 ’20: $35MQ2 ’20Q3 ’20: $35MQ4 ’21: $194MQ1 ’22: $188MQ1 ’22Q2 ’22: $2.4BQ3 ’22: $4.7BQ4 ’22: $58MQ4 ’22Q1 ’23: $147MQ2 ’23: $149MQ3 ’23: $95MQ3 ’23Q4 ’23: $82Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 73.5%ETP: 24.3%Other: 1.9%Closed-End Fund: 0.3%
  • Common Stock · 73.5% · $76M
  • ETP · 24.3% · $25M
  • Other · 1.9% · $2M
  • Closed-End Fund · 0.3% · $264,000

Quarter-over-Quarter Changes full breakdown →

IssuerMoveShare ΔShares nowValue ΔValue now
SPYSPDR S&P 500 ETF TRNEW+100.0K100.0K+$25M$25M
AGOASSURED GUARANTY LTDNEW+290.0K290.0K+$11M$11M
MUMICRON TECHNOLOGY INCNEW+325.0K325.0K+$10M$10M
AERAERCAP HOLDINGS NVNEW+183.4K183.4K+$7M$7M
ALAIR LEASE CORPNEW+200.0K200.0K+$6M$6M
COFCAPITAL ONE FINL CORPNEW+75.0K75.0K+$6M$6M
KEYKEYCORP NEWNEW+362.5K362.5K+$5M$5M
NNINELNET INCNEW+100.0K100.0K+$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 2018

17 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1AGOASSURED GUARANTY LTDhistory →COM10.79%$11M290.0K
2AERAERCAP HOLDINGS NVhistory →SHS7.06%$7M183.4K
3ALAIR LEASE CORPhistory →CL A5.87%$6M200.0K
4COFCAPITAL ONE FINL CORPhistory →COM5.51%$6M75.0K
5MUMICRON TECHNOLOGY INChistory →COM5.40%$6M175.0K
6KEYKEYCORP NEWhistory →COM5.21%$5M362.5K
7NNINELNET INChistory →CL A5.09%$5M100.0K
8CCITIGROUP INChistory →COM NEW4.55%$5M90.0K
9CLFCLEVELAND CLIFFS INChistory →COM3.74%$4M500.0K
10MCHPMICROCHIP TECHNOLOGY INChistory →COM3.49%$4M50.0K
11HBANHUNTINGTON BANCSHARES INChistory →COM3.47%$4M300.0K
12MBIMBIA INChistory →COM3.47%$4M400.0K
13MSMORGAN STANLEYhistory →COM NEW2.89%$3M75.0K
14JPMJPMORGAN CHASE & COhistory →COM2.37%$2M25.0K
15CM FIN INCCOM1.60%$2M264.2K
16BELLATRIX EXPLORATION LTDCOM NEW0.33%$341,000738.2K
17JPCNUVEEN PFD & INCM OPPORTNYSCOM0.26%$264,00031.6K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q4 2023$82M16Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$95M26Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023REVEALED$149M39Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023REVEALED$147M39May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022REVEALED$58M27Feb 13, 202313F-HRchanges · EDGAR ↗
Q3 2022REVEALED$4.7B73Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022REVEALED$2.4B176Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022REVEALED$188M135May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021REVEALED$194M141Feb 11, 202213F-HRchanges · EDGAR ↗
Q3 2020$35M11Nov 16, 202013F-HRchanges · EDGAR ↗
Q2 2020$35M8Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$28M11May 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$67M13Feb 14, 202013F-HRchanges · EDGAR ↗
Q3 2019$84M15Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019$114M17Aug 14, 201913F-HRchanges · EDGAR ↗
Q1 2019$147M21May 15, 201913F-HRchanges · EDGAR ↗
Q4 2018$103M19May 15, 2019RESTATEMENTchanges · 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 ↗.