SEC 13F Intelligence

Managers / Q2 2020 · view latest →

Cipher Capital LP

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

Reported Value
$632M
Q2 2020
Positions
456
Filings on Record
18
2019–present window
Filed
Aug 14, 2020
original filing

Summary

Cipher Capital LP reported $632M in U.S.-listed holdings across 456 positions for Q2 2020.

Its largest position, JPM, represents 1.6% of the portfolio.

Compared with Q1 2020, the fund opened 303 new positions and exited 211.

Portfolio Metrics

Turnover
+39.1%
vs prior filed quarter
Top-10 Concentration
+13.7%
share of reported value
Largest Position
+1.6%
Jpmorgan Chase
New / Exited
303 / 211
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: 91.9%REIT: 7.1%Other: 0.9%Tracking Stk: 0.1%
  • Common Stock · 91.9% · $581M
  • REIT · 7.1% · $45M
  • Other · 0.9% · $6M
  • Tracking Stk · 0.1% · $688,000

Quarter-over-Quarter Changes full breakdown →

vs Q1 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
LULULULULEMON ATHLETICA INCNEW+32.0K32.0K+$10M$10M
GOOGLALPHABET INC CAP STKNEW+6.6K6.6K+$9M$9M
AAPLAPPLE INCNEW+22.0K22.0K+$8M$8M
VVISA INCNEW+38.4K38.4K+$7M$7M
MKCMCCORMICK & CO INCNEW+39.2K39.2K+$7M$7M
MSFTMICROSOFT CORPNEW+33.5K33.5K+$7M$7M
CMECME GROUP INCNEW+35.5K35.5K+$6M$6M
FISVFISERV INCNEW+55.2K55.2K+$5M$5M

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

Holdings — Q2 2020

456 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1JPMJPMORGAN CHASE & COhistory →COM1.62%$10M109.1K
2MAMASTERCARD INCORPORATEDhistory →CL A1.58%$10M33.9K
3LULULULULEMON ATHLETICA INChistory →COM1.58%$10M32.0K
4GOOGLALPHABET INC CAP STKhistory →CL A1.47%$9M6.6K
5DISDISNEY WALT COhistory →COM DISNEY1.42%$9M80.2K
6AAPLAPPLE INChistory →COM1.27%$8M22.0K
7BACBK OF AMERICA CORPhistory →COM1.23%$8M327.8K
8VVISA INChistory →COM CL A1.17%$7M38.4K
9LHXL3HARRIS TECHNOLOGIES INChistory →COM1.17%$7M43.6K
10TAT&T INChistory →COM1.17%$7M244.2K
11PNCPNC FINL SVCS GROUP INChistory →COM1.12%$7M67.1K
12MKCMCCORMICK & CO INChistory →COM NON VTG1.11%$7M39.2K
13WFCWELLS FARGO CO NEWhistory →COM1.10%$7M272.7K
14MSFTMICROSOFT CORPhistory →COM1.08%$7M33.5K
15WMTWALMART INChistory →COM1.06%$7M55.9K
16KOCOCA COLA COhistory →COM1.00%$6M141.8K
17PLDPROLOGIS INC.COM0.94%$6M64.0K
18CMECME GROUP INCCOM0.91%$6M35.5K
19FISVFISERV INCCOM0.85%$5M55.2K
20PSAPUBLIC STORAGECOM0.79%$5M26.0K
21MRKMERCK & CO. INCCOM0.77%$5M63.0K
22THOTHOR INDS INCCOM0.77%$5M45.7K
23PGPROCTER AND GAMBLE COCOM0.74%$5M39.0K
24SPOTSPOTIFY TECHNOLOGY S ASHS0.71%$5M17.5K
25CVSCVS HEALTH CORPCOM0.71%$4M69.1K
26ICEINTERCONTINENTAL EXCHANGE INCOM0.65%$4M45.1K
27OLLIOLLIES BARGAIN OUTLET HLDGSCOM0.64%$4M41.6K
28CAGCONAGRA BRANDS INCCOM0.63%$4M112.9K
29CERNER CORPCOM0.62%$4M57.4K
30CONCHO RES INCCOM0.62%$4M76.3K
31ACTIVISION BLIZZARD INCCOM0.61%$4M51.0K
32VEEVVEEVA SYS INCCL A COM0.60%$4M16.1K
33GMGENERAL MTRS COCOM0.58%$4M144.9K
34NEMNEWMONT CORPCOM0.57%$4M58.9K
35TREXTREX CO INCCOM0.57%$4M27.7K
36GNTXGENTEX CORPCOM0.54%$3M132.1K
37SBUXSTARBUCKS CORPCOM0.54%$3M46.1K
38CGNXCOGNEX CORPCOM0.53%$3M55.6K
39BRK/BBERKSHIRE HATHAWAY INC DELCL B NEW0.52%$3M18.6K
40MMM3M COCOM0.51%$3M20.8K
41OGEOGE ENERGY CORPCOM0.51%$3M106.1K
42DUKDUKE ENERGY CORP NEWCOM NEW0.51%$3M40.2K
43EAELECTRONIC ARTS INCCOM0.49%$3M23.6K
44ARISTA NETWORKS INCCOM0.49%$3M14.8K
45KNXKNIGHT SWIFT TRANSN HLDGS INCL A0.48%$3M72.9K
46HOGHARLEY DAVIDSON INCCOM0.48%$3M126.9K
47HIGHARTFORD FINL SVCS GROUP INCCOM0.48%$3M78.0K
48OPTUALTICE USA INCCL A0.47%$3M132.1K
49HBANHUNTINGTON BANCSHARES INCCOM0.47%$3M328.8K
50IFFINTERNATIONAL FLAVORS&FRAGRACOM0.47%$3M24.1K
51KMIKINDER MORGAN INC DELCOM0.46%$3M190.1K
52COFCAPITAL ONE FINL CORPCOM0.46%$3M46.0K
53AFLAFLAC INCCOM0.45%$3M78.7K
54JBLUJETBLUE AWYS CORPCOM0.45%$3M259.0K
55OREALTY INCOME CORPCOM0.45%$3M47.3K
56UGIUGI CORP NEWCOM0.44%$3M87.4K
57SYKSTRYKER CORPORATIONCOM0.44%$3M15.4K
58FCXFREEPORT-MCMORAN INCCL B0.44%$3M238.9K
59TDOCTELADOC HEALTH INCCOM0.43%$3M14.2K
60CFGCITIZENS FINANCIAL GROUP INCCOM0.43%$3M106.9K
61XILINX INCCOM0.43%$3M27.3K
62WMWASTE MGMT INC DELCOM0.42%$3M25.3K
63JCIJOHNSON CTLS INTL PLCSHS0.42%$3M78.5K
64TTTRANE TECHNOLOGIES PLCSHS0.42%$3M29.6K
65LOWLOWES COS INCCOM0.41%$3M19.3K
66DOCUDOCUSIGN INCCOM0.41%$3M15.1K
67NOMDNOMAD FOODS LTD USDORD SHS0.41%$3M121.0K
68TTDTHE TRADE DESK INCCOM CL A0.40%$3M6.3K
69PENNPENN NATL GAMING INCCOM0.40%$3M83.5K
70AEPAMERICAN ELEC PWR CO INCCOM0.40%$3M32.0K
71NSCNORFOLK SOUTHERN CORPCOM0.40%$3M14.5K
72BCBRUNSWICK CORPCOM0.40%$3M39.4K
73XELXCEL ENERGY INCCOM0.40%$2M40.0K
74EXREXTRA SPACE STORAGE INCCOM0.39%$2M26.9K
75ZBHZIMMER BIOMET HOLDINGS INCCOM0.39%$2M20.6K
76ETNEATON CORP PLCSHS0.38%$2M27.4K
77URIUNITED RENTALS INCCOM0.37%$2M15.8K
78AAGILENT TECHNOLOGIES INCCOM0.37%$2M26.3K
79SPGSIMON PPTY GROUP INC NEWCOM0.36%$2M33.5K
80FISFIDELITY NATL INFORMATION SVCOM0.36%$2M16.8K
81RMDRESMED INCCOM0.35%$2M11.7K
82UBERUBER TECHNOLOGIES INCCOM0.35%$2M71.6K
83PNRPENTAIR PLCSHS0.35%$2M58.5K
84PEOPLES UNITED FINANCIAL INCCOM0.35%$2M191.1K
85MSMMSC INDL DIRECT INCCL A0.35%$2M30.1K
86ALBALBEMARLE CORPCOM0.33%$2M27.2K
87FNVFRANCO NEV CORPCOM0.33%$2M15.0K
88ETRENTERGY CORP NEWCOM0.33%$2M22.1K
89DDDUPONT DE NEMOURS INCCOM0.33%$2M38.9K
90CLCOLGATE PALMOLIVE COCOM0.33%$2M28.2K
91CTSHCOGNIZANT TECHNOLOGY SOLUTIOCL A0.33%$2M36.2K
92CHGGCHEGG INCCOM0.32%$2M30.1K
93SGITEMPUR SEALY INTL INCCOM0.32%$2M28.1K
94LDOSLEIDOS HOLDINGS INCCOM0.32%$2M21.3K
95VRSKVERISK ANALYTICS INCCOM0.32%$2M11.7K
96HSTHOST HOTELS & RESORTS INCCOM0.32%$2M184.8K
97DALDELTA AIR LINES INC DELCOM NEW0.32%$2M71.0K
98RLRALPH LAUREN CORPCL A0.31%$2M27.4K
99HRBBLOCK H & R INCCOM0.31%$2M135.0K
100AYIACUITY BRANDS INCCOM0.30%$2M19.6K

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 ↗.