Managers / Q1 2021 · view latest →
Cipher Capital LP
CIK 0001542420 · 400 MADISON AVENUE, SUITE 12A, NEW YORK, NY, 10017 · 646-416-6009
Summary
Cipher Capital LP reported $854M in U.S.-listed holdings across 486 positions for Q1 2021.
Its largest position, CB, represents 1.1% of the portfolio.
Compared with Q4 2020, the fund opened 269 new positions and exited 233.
Portfolio Metrics
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
Portfolio Composition
- Common Stock · 89.2% · $762M
- REIT · 8.2% · $70M
- Other · 2.6% · $22M
Quarter-over-Quarter Changes full breakdown →
vs Q4 2020 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| CBCHUBB LIMITED | NEW | +56.9K | 56.9K | +$9M | $9M |
| ACTIVISION BLIZZARD INC | NEW | +93.4K | 93.4K | +$9M | $9M |
| CMSCMS ENERGY CORP | NEW | +135.3K | 135.3K | +$8M | $8M |
| NKENIKE INC | NEW | +59.9K | 59.9K | +$8M | $8M |
| ZBHZIMMER BIOMET HOLDINGS INC | NEW | +49.4K | 49.4K | +$8M | $8M |
| MSMORGAN STANLEY | NEW | +98.7K | 98.7K | +$8M | $8M |
| ICEINTERCONTINENTAL EXCHANGE IN | NEW | +67.7K | 67.7K | +$8M | $8M |
| GDGENERAL DYNAMICS CORP | NEW | +37.5K | 37.5K | +$7M | $7M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q1 2021
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2024 | $216M | 411 | May 15, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $309M | 483 | Feb 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $141M | 291 | Nov 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $585M | 489 | Aug 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $542M | 487 | May 15, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | $530M | 465 | Feb 13, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | $616M | 415 | Nov 14, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022 | $442M | 369 | Aug 12, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2021 | $181M | 284 | Aug 16, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q1 2021 | $854M | 486 | May 14, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q4 2020 | $830M | 450 | Feb 12, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q3 2020 | $760M | 453 | Nov 13, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q2 2020 | $632M | 456 | Aug 14, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q1 2020 | $276M | 364 | May 15, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q4 2019 | $1.4B | 950 | Feb 13, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q3 2019 | $1.3B | 977 | Nov 13, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q2 2019 | $1.2B | 959 | Aug 13, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q1 2019 | $1.3B | 972 | May 15, 2019 | 13F-HR | changes · 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 ↗.