SEC 13F Intelligence

Managers / Q1 2020 · view latest →

Cipher Capital LP

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

Reported Value
$276M
Q1 2020
Positions
364
Filings on Record
18
2019–present window
Filed
May 15, 2020
original filing

Summary

Cipher Capital LP reported $276M in U.S.-listed holdings across 364 positions for Q1 2020.

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

Compared with Q4 2019, the fund opened 181 new positions and exited 296.

Portfolio Metrics

Turnover
+17.5%
vs prior filed quarter
Top-10 Concentration
+12.9%
share of reported value
Largest Position
+1.7%
Coca Cola
New / Exited
181 / 296
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: 85.4%REIT: 10.7%Other: 3.8%Unit: 0.0%
  • Common Stock · 85.4% · $235M
  • REIT · 10.7% · $30M
  • Other · 3.8% · $10M
  • Unit · 0.0% · $103,000

Quarter-over-Quarter Changes full breakdown →

vs Q4 2019 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
KOCOCA COLA CONEW+103.0K103.0K+$5M$5M
ORCLORACLE CORPNEW+91.5K91.5K+$4M$4M
WFCWELLS FARGO CO NEWNEW+121.6K121.6K+$3M$3M
ANNALY CAPITAL MANAGEMENT INNEW+595.4K595.4K+$3M$3M
DHID R HORTON INCNEW+83.7K83.7K+$3M$3M
YUMYUM BRANDS INCNEW+41.1K41.1K+$3M$3M
JPMJPMORGAN CHASE & CONEW+27.9K27.9K+$3M$3M
CBRECBRE GROUP INCNEW+65.2K65.2K+$2M$2M

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

Holdings — Q1 2020

364 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1KOCOCA COLA COhistory →COM1.65%$5M103.0K
2ORCLORACLE CORPhistory →COM1.60%$4M91.5K
3DISDISNEY WALT COhistory →COM DISNEY1.38%$4M39.5K
4APHAMPHENOL CORP NEWhistory →CL A1.29%$4M48.9K
5AEPAMERICAN ELEC PWR CO INChistory →COM1.29%$4M44.4K
6WFCWELLS FARGO CO NEWhistory →COM1.27%$3M121.6K
7CRMSALESFORCE COM INChistory →COM1.13%$3M21.7K
8PSXPHILLIPS 66history →COM1.11%$3M57.2K
9ANNALY CAPITAL MANAGEMENT INCOM1.10%$3M595.4K
10DHID R HORTON INChistory →COM1.03%$3M83.7K
11YUMYUM BRANDS INChistory →COM1.02%$3M41.1K
12EOGEOG RES INCCOM0.95%$3M73.1K
13ETRENTERGY CORP NEWCOM0.94%$3M27.6K
14AGNCAGNC INVT CORPCOM0.91%$3M237.9K
15JPMJPMORGAN CHASE & COCOM0.91%$3M27.9K
16CBRECBRE GROUP INCCL A0.89%$2M65.2K
17CSXCSX CORPCOM0.89%$2M42.7K
18KKRKKR & CO INCCL A0.86%$2M101.0K
19ADMARCHER DANIELS MIDLAND COCOM0.84%$2M65.7K
20FASTFASTENAL COCOM0.83%$2M73.4K
21TXNTEXAS INSTRS INCCOM0.83%$2M22.9K
22CERNER CORPCOM0.80%$2M34.9K
23PLDPROLOGIS INC.COM0.79%$2M27.0K
24EXMOCEXXON MOBIL CORPCOM0.78%$2M56.8K
25ELVANTHEM INCCOM0.77%$2M9.4K
26ITGARTNER INCCOM0.75%$2M20.7K
27KEYKEYCORPCOM0.73%$2M193.4K
28MRSHMARSH & MCLENNAN COS INCCOM0.73%$2M23.2K
29FISFIDELITY NATL INFORMATION SVCOM0.69%$2M15.7K
30WABWABTECCOM0.69%$2M39.7K
31GENERAL ELECTRIC COCOM0.69%$2M239.1K
32HDHOME DEPOT INCCOM0.68%$2M10.1K
33LUVSOUTHWEST AIRLS COCOM0.68%$2M52.4K
34RPMRPM INTL INCCOM0.67%$2M31.1K
35WMTWALMART INCCOM0.67%$2M16.2K
36WDAYWORKDAY INCCL A0.65%$2M13.7K
37CVXCHEVRON CORP NEWCOM0.64%$2M24.4K
38OREALTY INCOME CORPCOM0.64%$2M35.2K
39DDDUPONT DE NEMOURS INCCOM0.64%$2M51.4K
40CUZCOUSINS PPTYS INCCOM NEW0.63%$2M59.5K
41PGPROCTER & GAMBLE COCOM0.60%$2M15.2K
42AMTAMERICAN TOWER CORP NEWCOM0.58%$2M7.4K
43FDXFEDEX CORPCOM0.57%$2M13.0K
44IHS MARKIT LTDSHS0.56%$2M25.8K
45GAPGAP INCCOM0.56%$2M219.7K
46INTCINTEL CORPCOM0.56%$2M28.3K
47AMEAMETEK INCCOM0.55%$2M21.2K
48EQUITABLE HLDGS INCCOM0.54%$1M102.7K
49KRKROGER COCOM0.53%$1M48.1K
50UTXZUNITED TECHNOLOGIES CORPCOM0.50%$1M14.6K
51AMATAPPLIED MATLS INCCOM0.49%$1M29.7K
52BRXBRIXMOR PPTY GROUP INCCOM0.49%$1M142.1K
53HRUSDHEALTHCARE RLTY TRCOM0.49%$1M48.1K
54STWDSTARWOOD PPTY TR INCCOM0.48%$1M130.3K
55CAHCARDINAL HEALTH INCCOM0.45%$1M26.2K
56USBUS BANCORP DELCOM NEW0.44%$1M35.4K
57RMDRESMED INCCOM0.44%$1M8.1K
58MRKMERCK & CO. INCCOM0.43%$1M15.5K
59KELKELLOGG COCOM0.42%$1M19.4K
60TFCTRUIST FINL CORPCOM0.42%$1M37.5K
61RSRELIANCE STEEL & ALUMINUM COCOM0.42%$1M13.2K
62AMERICAN CAMPUS CMNTYS INCCOM0.42%$1M41.3K
63TRUTRANSUNIONCOM0.42%$1M17.3K
64COSTCOSTCO WHSL CORP NEWCOM0.40%$1M3.9K
65DHRDANAHER CORPORATIONCOM0.39%$1M7.8K
66BBYBEST BUY INCCOM0.39%$1M18.9K
67FLEETCOR TECHNOLOGIES INCCOM0.38%$1M5.7K
68KRCKILROY RLTY CORPCOM0.38%$1M16.6K
69QCOMQUALCOMM INCCOM0.38%$1M15.6K
70DXCDXC TECHNOLOGY COCOM0.38%$1M80.7K
71DDOMINION ENERGY INCCOM0.38%$1M14.4K
72REGREGENCY CTRS CORPCOM0.38%$1M26.9K
73HAEHAEMONETICS CORPCOM0.38%$1M10.4K
74VVVVALVOLINE INCCOM0.38%$1M79.0K
75FHNFIRST HORIZON NATL CORPCOM0.37%$1M128.2K
76TAT&T INCCOM0.37%$1M35.4K
77UNMUNUM GROUPCOM0.37%$1M68.2K
78NNNNATIONAL RETAIL PROPERTIES ICOM0.37%$1M31.7K
79ASHASHLAND GLOBAL HLDGS INCCOM0.36%$1M20.1K
80ACNACCENTURE PLC IRELANDSHS CLASS A0.36%$998,0006.1K
81COFCAPITAL ONE FINL CORPCOM0.36%$988,00019.6K
82MAMASTERCARD INCCL A0.36%$987,0004.1K
83ENTGENTEGRIS INCCOM0.36%$987,00022.1K
84CPTCAMDEN PPTY TRSH BEN INT0.35%$966,00012.2K
85ABXBARRICK GOLD CORPORATIONCOM0.34%$944,00051.6K
86LEALEAR CORPCOM NEW0.34%$933,00011.5K
87UNIVAR SOLUTIONS INCCOM0.34%$929,00086.7K
88KSSKOHLS CORPCOM0.34%$925,00063.4K
89VFCV F CORPCOM0.33%$923,00017.1K
90DEDEERE & COCOM0.33%$915,0006.6K
91KDPKEURIG DR PEPPER INCCOM0.33%$910,00037.5K
92TRIPTRIPADVISOR INCCOM0.33%$909,00052.3K
93JLLJONES LANG LASALLE INCCOM0.33%$897,0008.9K
94GLPIGAMING & LEISURE PPTYS INCCOM0.32%$889,00032.1K
95JNPJUNIPER NETWORKS INCCOM0.32%$886,00046.3K
96FHIFEDERATED HERMES INCCL B0.32%$882,00046.3K
97ITTITT INCCOM0.32%$872,00019.2K
98LENLENNAR CORPCL A0.32%$871,00022.8K
99HSTHOST HOTELS & RESORTS INCCOM0.31%$848,00076.8K
100TARGET CORPCOM0.31%$843,0009.1K

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 ↗.