SEC 13F Intelligence

Managers / Q2 2019 · view latest →

Cipher Capital LP

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

Reported Value
$1.2B
Q2 2019
Positions
959
Filings on Record
18
2019–present window
Filed
Aug 13, 2019
original filing

Summary

Cipher Capital LP reported $1.2B in U.S.-listed holdings across 959 positions for Q2 2019.

Its largest position, MDT, represents 1.1% of the portfolio.

Compared with Q1 2019, the fund opened 229 new positions and exited 240.

Portfolio Metrics

Turnover
+60.9%
vs prior filed quarter
Top-10 Concentration
+9.8%
share of reported value
Largest Position
+1.1%
Medtronic
New / Exited
229 / 240
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: 86.7%REIT: 8.1%Other: 5.0%Tracking Stk: 0.2%
  • Common Stock · 86.7% · $1.0B
  • REIT · 8.1% · $96M
  • Other · 5.0% · $59M
  • Tracking Stk · 0.2% · $2M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2019 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
MRKMERCK & CO INCNEW+153.2K153.2K+$13M$13M
PGRPROGRESSIVE CORP OHIONEW+148.4K148.4K+$12M$12M
CSCOCISCO SYS INCNEW+208.9K208.9K+$11M$11M
AIGAMERICAN INTL GROUP INCNEW+196.1K196.1K+$10M$10M
PPGPPG INDS INCNEW+87.7K87.7K+$10M$10M
EXCEXELON CORPNEW+211.5K211.5K+$10M$10M
PGPROCTER AND GAMBLE CONEW+89.7K89.7K+$10M$10M
NTAPNETAPP INCNEW+158.3K158.3K+$10M$10M

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

Holdings — Q2 2019

401 positions (from 500 filing rows — )
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MDTMEDTRONIC PLChistory →SHS1.10%$13M133.5K
2MRKMERCK & CO INChistory →COM1.09%$13M153.2K
3GGENPACT LIMITEDhistory →SHS1.01%$12M312.4K
4PGRPROGRESSIVE CORP OHIOhistory →COM1.00%$12M148.4K
5SBUXSTARBUCKS CORPhistory →COM1.00%$12M140.6K
6CSCOCISCO SYS INChistory →COM0.97%$11M208.9K
7SWKSTANLEY BLACK & DECKER INChistory →COM0.92%$11M75.5K
8COPCONOCOPHILLIPShistory →COM0.91%$11M176.7K
9AIGAMERICAN INTL GROUP INChistory →COM NEW0.88%$10M196.1K
10PPGPPG INDS INChistory →COM0.87%$10M87.7K
11EXCEXELON CORPhistory →COM0.86%$10M211.5K
12GSGOLDMAN SACHS GROUP INChistory →COM0.85%$10M49.2K
13PGPROCTER AND GAMBLE COCOM0.83%$10M89.7K
14NTAPNETAPP INCCOM0.83%$10M158.3K
15SJMSMUCKER J M COCOM NEW0.82%$10M84.4K
16BXPBOSTON PROPERTIES INCCOM0.82%$10M75.2K
17VSTVISTRA ENERGY CORPCOM0.78%$9M407.1K
18MSMORGAN STANLEYCOM NEW0.78%$9M209.2K
19INTUINTUITCOM0.77%$9M35.0K
20CVSCVS HEALTH CORPCOM0.77%$9M167.1K
21ADIANALOG DEVICES INCCOM0.77%$9M80.6K
22MCDMCDONALDS CORPCOM0.76%$9M43.0K
23SYNOVUS FINL CORPCOM NEW0.75%$9M252.8K
24BLACK KNIGHT INCCOM0.74%$9M145.9K
25FDXFEDEX CORPCOM0.71%$8M51.4K
26BNYBANK NEW YORK MELLON CORPCOM0.68%$8M182.1K
27MDLZMONDELEZ INTL INCCL A0.68%$8M149.1K
28UNPUNION PACIFIC CORPCOM0.66%$8M46.4K
29QRVOQORVO INCCOM0.66%$8M117.3K
30DALDELTA AIR LINES INC DELCOM NEW0.66%$8M136.8K
31GRMNGARMIN LTDSHS0.64%$8M94.7K
32ETRAE TRADE FINANCIAL CORPCOM NEW0.63%$7M166.3K
33AXPAMERICAN EXPRESS COCOM0.59%$7M56.8K
34LVSLAS VEGAS SANDS CORPCOM0.59%$7M117.7K
35HSYHERSHEY COCOM0.58%$7M50.7K
36RCLROYAL CARIBBEAN CRUISES LTDCOM0.55%$6M53.5K
37CCICROWN CASTLE INTL CORP NEWCOM0.55%$6M49.4K
38LENLENNAR CORPCL A0.54%$6M130.7K
39CNCCENTENE CORP DELCOM0.53%$6M120.1K
40SOSOUTHERN COCOM0.53%$6M112.2K
41NYTNEW YORK TIMES COCL A0.52%$6M188.3K
42WESTROCK COCOM0.52%$6M167.1K
43PORPORTLAND GEN ELEC COCOM NEW0.50%$6M109.7K
44GENERAL ELECTRIC COCOM0.50%$6M563.3K
45PHPARKER HANNIFIN CORPCOM0.50%$6M34.7K
46OUTFRONT MEDIA INCCOM0.50%$6M228.4K
47HESHESS CORPCOM0.50%$6M92.5K
48AXSAXIS CAPITAL HOLDINGS LTDSHS0.50%$6M98.2K
49MAMASTERCARD INCCL A0.49%$6M21.9K
50DEIDOUGLAS EMMETT INCCOM0.49%$6M145.4K
51STLSTERLING BANCORP DELCOM0.49%$6M271.6K
52ALLALLSTATE CORPCOM0.48%$6M56.2K
53KMBKIMBERLY CLARK CORPCOM0.48%$6M42.6K
54FTNTFORTINET INCCOM0.48%$6M73.6K
55HUDSON PAC PPTYS INCCOM0.48%$6M169.7K
56FHBFIRST HAWAIIAN INCCOM0.46%$5M211.5K
57IHS MARKIT LTDSHS0.46%$5M84.5K
58MNSTMONSTER BEVERAGE CORP NEWCOM0.45%$5M83.6K
59SHOSUNSTONE HOTEL INVS INC NEWCOM0.45%$5M387.1K
60JPMJPMORGAN CHASE & COCOM0.45%$5M47.3K
61APHAMPHENOL CORP NEWCL A0.45%$5M54.9K
62AMZNAMAZON COM INCCOM0.44%$5M2.7K
63BRBROADRIDGE FINL SOLUTIONS INCOM0.44%$5M40.4K
64KANSAS CITY SOUTHERNCOM NEW0.44%$5M42.3K
65FLEETCOR TECHNOLOGIES INCCOM0.42%$5M17.8K
66GTGOODYEAR TIRE & RUBR COCOM0.42%$5M325.4K
67FISFIDELITY NATL INFORMATION SVCOM0.42%$5M40.5K
68DGDOLLAR GEN CORP NEWCOM0.42%$5M36.8K
69EHCENCOMPASS HEALTH CORPCOM0.42%$5M77.9K
70ITTITT INCCOM0.42%$5M75.0K
71FLEX LTDORD0.41%$5M510.8K
72QSRRESTAURANT BRANDS INTL INCCOM0.41%$5M69.3K
73SPGIS&P GLOBAL INCCOM0.41%$5M21.1K
74ALAIR LEASE CORPCL A0.40%$5M114.8K
75LMTLOCKHEED MARTIN CORPCOM0.40%$5M13.0K
76MRSHMARSH & MCLENNAN COS INCCOM0.40%$5M47.2K
77STTSTATE STR CORPCOM0.39%$5M83.2K
78MOALTRIA GROUP INCCOM0.39%$5M98.0K
79CINFCINCINNATI FINL CORPCOM0.39%$5M43.9K
80TE CONNECTIVITY LTDREG SHS0.38%$5M47.2K
81LINDE PLCSHS0.38%$4M22.4K
82PMTPENNYMAC MTG INVT TRCOM0.37%$4M201.2K
83CIENCIENA CORPCOM NEW0.37%$4M106.5K
84AGCOAGCO CORPCOM0.37%$4M56.2K
85HALHALLIBURTON COCOM0.36%$4M187.1K
86ROKUROKU INCCOM CL A0.35%$4M46.2K
87CHDCHURCH & DWIGHT INCCOM0.35%$4M56.9K
88PWRQUANTA SVCS INCCOM0.35%$4M107.5K
89CDPCORPORATE OFFICE PPTYS TRSH BEN INT0.35%$4M155.6K
90WBAWALGREENS BOOTS ALLIANCE INCCOM0.34%$4M73.9K
91VEEVVEEVA SYS INCCL A COM0.34%$4M24.9K
92URIUNITED RENTALS INCCOM0.34%$4M30.4K
93IPINTL PAPER COCOM0.34%$4M91.7K
94SINCLAIR BROADCAST GROUP INCCL A0.33%$4M73.0K
95WBSWEBSTER FINL CORP CONNCOM0.33%$4M81.6K
96CMICUMMINS INCCOM0.32%$4M22.3K
97AMEAMETEK INC NEWCOM0.32%$4M42.0K
98LIBERTY PPTY TRSH BEN INT0.32%$4M76.0K
99HPQHP INCCOM0.32%$4M182.5K
100DISDISNEY WALT COCOM DISNEY0.32%$4M27.1K

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 ↗

Other Included Managers

This filing reports holdings on behalf of 1 additional manager.

  • Paloma Partners Management Co028-05431

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 ↗.