SEC 13F Intelligence

Managers / Q1 2019 · view latest →

TEGEAN CAPITAL MANAGEMENT, LLC

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

Reported Value
$147M
Q1 2019
Positions
21
Filings on Record
24
2019–present window
Filed
May 15, 2019
original filing

Summary

Tegean Capital Management, LLC reported $147M in U.S.-listed holdings across 21 positions for Q1 2019.

Its largest position, AGO, represents 9.5% of the portfolio.

Portfolio Metrics

Top-10 Concentration
+70.7%
share of reported value
Largest Position
+9.5%
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
Q1 ’19: $147MQ1 ’19Q2 ’19: $114MQ3 ’19: $84MQ3 ’19Q4 ’19: $67MQ1 ’20: $28MQ1 ’20Q2 ’20: $35MQ3 ’20: $35MQ3 ’20Q4 ’21: $194MQ1 ’22: $188MQ1 ’22Q2 ’22: $2.4BQ3 ’22: $4.7BQ3 ’22Q1 ’23: $147MQ2 ’23: $149MQ2 ’23Q3 ’23: $95MQ4 ’23: $82MQ4 ’23filingsflow.com

Portfolio Composition

By security type
Common Stock: 98.5%Other: 1.2%Closed-End Fund: 0.3%
  • Common Stock · 98.5% · $145M
  • Other · 1.2% · $2M
  • Closed-End Fund · 0.3% · $445,000

Quarter-over-Quarter Changes full breakdown →

IssuerMoveShare ΔShares nowValue ΔValue now
AGOASSURED GUARANTY LTDNEW+315.1K315.1K+$14M$14M
GSGOLDMAN SACHS GROUP INCNEW+70.0K70.0K+$13M$13M
CCITIGROUP INCNEW+210.0K210.0K+$13M$13M
MSMORGAN STANLEYNEW+300.0K300.0K+$13M$13M
MUMICRON TECHNOLOGY INCNEW+300.0K300.0K+$12M$12M
ALAIR LEASE CORPNEW+327.5K327.5K+$11M$11M
COFCAPITAL ONE FINL CORPNEW+125.0K125.0K+$10M$10M
AERAERCAP HOLDINGS NVNEW+200.0K200.0K+$9M$9M

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

Holdings — Q1 2019

20 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1AGOASSURED GUARANTY LTDhistory →COM9.52%$14M315.1K
2GSGOLDMAN SACHS GROUP INChistory →COM9.14%$13M70.0K
3CCITIGROUP INChistory →COM NEW8.88%$13M210.0K
4MSMORGAN STANLEYhistory →COM NEW8.61%$13M300.0K
5ALAIR LEASE CORPhistory →CL A7.65%$11M327.5K
6COFCAPITAL ONE FINL CORPhistory →COM6.94%$10M125.0K
7AERAERCAP HOLDINGS NVhistory →SHS6.33%$9M200.0K
8MCHPMICROCHIP TECHNOLOGY INChistory →COM5.08%$7M90.0K
9KEYKEYCORP NEWhistory →COM4.82%$7M450.0K
10NNINELNET INChistory →CL A3.74%$6M100.0K
11CLFCLEVELAND CLIFFS INChistory →COM3.39%$5M498.7K
12AAPLAPPLE INChistory →COM3.23%$5M25.0K
13CADENCE BANCORPORATIONCL A3.15%$5M250.0K
14MUMICRON TECHNOLOGY INChistory →COM2.81%$4M100.0K
15AMATAPPLIED MATLS INChistory →COM2.70%$4M100.0K
16MBIMBIA INChistory →COM2.59%$4M400.0K
17WDCWESTERN DIGITAL CORPhistory →COM2.29%$3M70.0K
18HBANHUNTINGTON BANCSHARES INChistory →COM2.00%$3M232.1K
19CM FIN INCCOM1.22%$2M243.8K
20JPCNUVEEN PFD & INCM OPPORTNYSCOM0.30%$445,00046.7K

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 2022REVEALEDUnder review27Feb 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 ↗

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 ↗.