SEC 13F Intelligence

Managers / Q1 2024

Cipher Capital LP

CIK 0001542420 · 400 MADISON AVENUE, SUITE 12A, NEW YORK, NY, 10017 · 646-416-6009

Reported Value
$216M
Q1 2024
Positions
411
Filings on Record
18
2019–present window
Filed
May 15, 2024
original filing

Summary

Cipher Capital LP reported $216M in U.S.-listed holdings across 411 positions for Q1 2024.

Its largest position, AAPL, represents 1.7% of the portfolio.

Compared with Q4 2023, the fund opened 171 new positions and exited 243.

Portfolio Metrics

Turnover
+39.0%
vs prior filed quarter
Top-10 Concentration
+10.5%
share of reported value
Largest Position
+1.7%
Apple
New / Exited
171 / 243
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
Q1 ’19: $1.3BQ1 ’19Q2 ’19: $1.2BQ3 ’19: $1.3BQ4 ’19: $1.4BQ4 ’19Q1 ’20: $276MQ2 ’20: $632MQ3 ’20: $760MQ3 ’20Q4 ’20: $830MQ1 ’21: $854MQ2 ’21: $181MQ2 ’21Q2 ’22: $442MQ3 ’22: $616MQ4 ’22: $530MQ4 ’22Q1 ’23: $542MQ2 ’23: $585MQ3 ’23: $141MQ3 ’23Q4 ’23: $309MQ1 ’24: $216Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 92.6%REIT: 6.0%Other: 1.4%
  • Common Stock · 92.6% · $200M
  • REIT · 6.0% · $13M
  • Other · 1.4% · $3M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
AMATAPPLIED MATLS INCNEW+11.2K11.2K+$2M$2M
WECWEC ENERGY GROUP INCNEW+23.3K23.3K+$2M$2M
LAM RESEARCH CORPNEW+1.7K1.7K+$2M$2M
MGYMAGNOLIA OIL & GAS CORPNEW+61.1K61.1K+$2M$2M
MDUMDU RES GROUP INCNEW+50.7K50.7K+$1M$1M
ITWILLINOIS TOOL WKS INCNEW+4.6K4.6K+$1M$1M
NTAPNETAPP INCNEW+11.7K11.7K+$1M$1M
AOSSMITH A O CORPNEW+11.8K11.8K+$1M$1M

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

Holdings — Q1 2024

411 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1AAPLAPPLE INChistory →COM1.69%$4M21.4K
2PGRPROGRESSIVE CORPhistory →COM1.14%$2M11.9K
3LENLENNAR CORPhistory →CL A1.08%$2M13.5K
4AMATAPPLIED MATLS INChistory →COM1.07%$2M11.2K
5HPQHP INChistory →COM1.04%$2M74.2K
6SRESEMPRAhistory →COM1.01%$2M30.5K
7PPGPPG INDS INCCOM0.92%$2M13.7K
8DHID R HORTON INCCOM0.90%$2M11.8K
9WECWEC ENERGY GROUP INCCOM0.89%$2M23.3K
10CNMCORE & MAIN INCCL A0.82%$2M30.8K
11KMBKIMBERLY-CLARK CORPCOM0.80%$2M13.3K
12NDAQNASDAQ INCCOM0.77%$2M26.3K
13ALLALLSTATE CORPCOM0.75%$2M9.4K
14HCAHCA HEALTHCARE INCCOM0.75%$2M4.9K
15LAM RESEARCH CORPCOM0.75%$2M1.7K
16MGYMAGNOLIA OIL & GAS CORPCL A0.73%$2M61.1K
17MAMASTERCARD INCORPORATEDCL A0.71%$2M3.2K
18LLOEWS CORPCOM0.71%$2M19.5K
19NVDANVIDIA CORPORATIONCOM0.70%$2M1.7K
20TE CONNECTIVITY LTDSHS0.69%$2M10.3K
21ABBVABBVIE INCCOM0.62%$1M7.3K
22HDHOME DEPOT INCCOM0.60%$1M3.4K
23MDUMDU RES GROUP INCCOM0.59%$1M50.7K
24KLACKLA CORPCOM NEW0.59%$1M1.8K
25ITWILLINOIS TOOL WKS INCCOM0.57%$1M4.6K
26NTAPNETAPP INCCOM0.57%$1M11.7K
27ETRENTERGY CORP NEWCOM0.56%$1M11.5K
28SHWSHERWIN WILLIAMS COCOM0.56%$1M3.5K
29BKNGBOOKING HOLDINGS INCCOM0.56%$1M332
30PFGPRINCIPAL FINANCIAL GROUP INCOM0.53%$1M13.3K
31NFLXNETFLIX INCCOM0.51%$1M1.8K
32EVRGEVERGY INCCOM0.50%$1M20.3K
33ODFLOLD DOMINION FREIGHT LINE INCOM0.50%$1M4.9K
34AOSSMITH A O CORPCOM0.49%$1M11.8K
35FLSFLOWSERVE CORPCOM0.49%$1M23.1K
36WERNWERNER ENTERPRISES INCCOM0.48%$1M26.7K
37EIXEDISON INTLCOM0.48%$1M14.7K
38HSYHERSHEY COCOM0.46%$991,1725.1K
39IDAIDACORP INCCOM0.45%$978,59610.5K
40MCOMOODYS CORPCOM0.44%$957,8142.4K
41WWDWOODWARD INCCOM0.44%$950,3046.2K
42TRMBTRIMBLE INCCOM0.44%$941,78014.6K
43STZCONSTELLATION BRANDS INCCL A0.44%$941,3773.5K
44PRGSPROGRESS SOFTWARE CORPCOM0.43%$936,39017.6K
45STXSEAGATE TECHNOLOGY HLDNGS PLORD SHS0.43%$934,96610.0K
46RYROYAL BK CDACOM0.43%$934,5529.3K
47DOVDOVER CORPCOM0.43%$933,7915.3K
48AMZNAMAZON COM INCCOM0.43%$930,5805.2K
49MUMICRON TECHNOLOGY INCCOM0.43%$924,6117.8K
50MSCIMSCI INCCOM0.43%$920,2591.6K
51TRNOTERRENO RLTY CORPCOM0.42%$916,05413.8K
52BKHBLACK HILLS CORPCOM0.42%$911,82016.7K
53CINFCINCINNATI FINL CORPCOM0.42%$909,5457.3K
54GPNGLOBAL PMTS INCCOM0.41%$887,9036.6K
55HHHHOWARD HUGHES HOLDINGS INCCOM0.40%$862,58011.9K
56FULFULLER H B COCOM0.39%$852,02210.7K
57VERIS RESIDENTIAL INCCOM0.39%$846,17855.6K
58MWAMUELLER WTR PRODS INCCOM SER A0.39%$844,38752.5K
59MTDMETTLER TOLEDO INTERNATIONALCOM0.39%$844,038634
60MPCMARATHON PETE CORPCOM0.39%$841,8674.2K
61MASMASCO CORPCOM0.39%$840,86110.7K
62SBACSBA COMMUNICATIONS CORP NEWCL A0.39%$839,0623.9K
63AMGNAMGEN INCCOM0.39%$833,9112.9K
64METMETLIFE INCCOM0.38%$831,21811.2K
65NEENEXTERA ENERGY INCCOM0.38%$828,72113.0K
66AWKAMERICAN WTR WKS CO INC NEWCOM0.38%$816,4856.7K
67HUNHUNTSMAN CORPCOM0.38%$811,56331.2K
68KEYKEYCORPCOM0.37%$810,05751.2K
69CMECME GROUP INCCOM0.37%$807,7683.8K
70XELXCEL ENERGY INCCOM0.37%$806,46515.0K
71FCXFREEPORT-MCMORAN INCCL B0.37%$803,33717.1K
72NNNNNN REIT INCCOM0.37%$795,90418.6K
73ENBENBRIDGE INCCOM0.36%$788,68821.8K
74TFCTRUIST FINL CORPCOM0.36%$785,33020.1K
75AXTAAXALTA COATING SYS LTDCOM0.36%$780,75622.7K
76PYPLPAYPAL HLDGS INCCOM0.36%$779,29511.6K
77BATRKATLANTA BRAVES HLDGS INCCOM SER C0.36%$778,34919.9K
78NVRNVR INCCOM0.36%$769,49695
79FHIFEDERATED HERMES INCCL B0.35%$759,09821.0K
80STTSTATE STR CORPCOM0.35%$745,8299.6K
81HUMHUMANA INCCOM0.34%$741,6342.1K
82AMGAFFILIATED MANAGERS GROUP INCOM0.34%$738,5434.4K
83AXPAMERICAN EXPRESS COCOM0.34%$727,0143.2K
84MMM3M COCOM0.33%$719,0496.8K
85RPMRPM INTL INCCOM0.33%$713,8196.0K
86KRGKITE RLTY GROUP TRCOM NEW0.33%$708,56732.7K
87CTASCINTAS CORPCOM0.33%$704,8931.0K
88DKNGDRAFTKINGS INC NEWCOM CL A0.33%$704,67215.5K
89HOLOGIC INCCOM0.33%$703,3559.0K
90CPAYCORPAY INCCOM SHS0.32%$700,0772.3K
91BRBROADRIDGE FINL SOLUTIONS INCOM0.32%$697,1393.4K
92PHPARKER-HANNIFIN CORPCOM0.32%$690,2911.2K
93PAYCPAYCOM SOFTWARE INCCOM0.32%$689,7693.5K
94KMIKINDER MORGAN INC DELCOM0.32%$686,74137.4K
95MURMURPHY OIL CORPCOM0.32%$686,36815.0K
96TROWPRICE T ROWE GROUP INCCOM0.32%$685,1905.6K
97IDXXIDEXX LABS INCCOM0.32%$681,3921.3K
98WCNWASTE CONNECTIONS INCCOM0.31%$680,3004.0K
99CDWCDW CORPCOM0.31%$679,0962.7K
100SBUXSTARBUCKS CORPCOM0.31%$678,2057.4K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2024$216M411May 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$309M483Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$141M291Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$585M489Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$542M487May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022$530M465Feb 13, 202313F-HRchanges · EDGAR ↗
Q3 2022$616M415Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$442M369Aug 12, 202213F-HRchanges · EDGAR ↗
Q2 2021$181M284Aug 16, 202113F-HRchanges · EDGAR ↗
Q1 2021$854M486May 14, 202113F-HRchanges · EDGAR ↗
Q4 2020$830M450Feb 12, 202113F-HRchanges · EDGAR ↗
Q3 2020$760M453Nov 13, 202013F-HRchanges · EDGAR ↗
Q2 2020$632M456Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$276M364May 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$1.4B950Feb 13, 202013F-HRchanges · EDGAR ↗
Q3 2019$1.3B977Nov 13, 201913F-HRchanges · EDGAR ↗
Q2 2019$1.2B959Aug 13, 201913F-HRchanges · EDGAR ↗
Q1 2019$1.3B972May 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 ↗.