SEC 13F Intelligence

Managers / Q2 2021 · view latest →

Cipher Capital LP

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

Reported Value
$181M
Q2 2021
Positions
284
Filings on Record
18
2019–present window
Filed
Aug 16, 2021
original filing

Summary

Cipher Capital LP reported $181M in U.S.-listed holdings across 284 positions for Q2 2021.

Its largest position, BRK/B, represents 1.2% of the portfolio.

Compared with Q1 2021, the fund opened 155 new positions and exited 357.

Portfolio Metrics

Turnover
+20.0%
vs prior filed quarter
Top-10 Concentration
+11.2%
share of reported value
Largest Position
+1.2%
Berkshire Hathaway
New / Exited
155 / 357
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: 88.3%REIT: 9.6%Other: 2.1%
  • Common Stock · 88.3% · $160M
  • REIT · 9.6% · $17M
  • Other · 2.1% · $4M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
BRK/BBERKSHIRE HATHAWAY INC DELNEW+7.9K7.9K+$2M$2M
CLCOLGATE PALMOLIVE CONEW+26.2K26.2K+$2M$2M
BALLBALL CORPNEW+23.3K23.3K+$2M$2M
ITWILLINOIS TOOL WKS INCNEW+8.2K8.2K+$2M$2M
KRKROGER CONEW+47.2K47.2K+$2M$2M
MASMASCO CORPNEW+28.9K28.9K+$2M$2M
ECLECOLAB INCNEW+8.2K8.2K+$2M$2M
ELSEQUITY LIFESTYLE PPTYS INCNEW+22.3K22.3K+$2M$2M

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

Holdings — Q2 2021

284 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1BRK/BBERKSHIRE HATHAWAY INC DELhistory →CL B NEW1.21%$2M7.9K
2WMTWALMART INChistory →COM1.20%$2M15.5K
3CLCOLGATE PALMOLIVE COhistory →COM1.17%$2M26.2K
4BXBLACKSTONE GROUP INChistory →COM1.15%$2M21.5K
5BSXBOSTON SCIENTIFIC CORPhistory →COM1.11%$2M46.9K
6WCNWASTE CONNECTIONS INChistory →COM1.10%$2M16.7K
7DOXAMDOCS LTDhistory →SHS1.09%$2M25.7K
8CFGCITIZENS FINL GROUP INChistory →COM1.07%$2M42.5K
9BALLBALL CORPhistory →COM1.04%$2M23.3K
10ITWILLINOIS TOOL WKS INChistory →COM1.01%$2M8.2K
11KRKROGER COCOM1.00%$2M47.2K
12CMSCMS ENERGY CORPCOM0.98%$2M30.2K
13TRUTRANSUNIONCOM0.97%$2M16.1K
14KKRKKR & CO INCCOM0.95%$2M29.0K
15MASMASCO CORPCOM0.94%$2M28.9K
16ECLECOLAB INCCOM0.93%$2M8.2K
17FCXFREEPORT-MCMORAN INCCL B0.92%$2M44.9K
18ELSEQUITY LIFESTYLE PPTYS INCCOM0.91%$2M22.3K
19AIGAMERICAN INTL GROUP INCCOM NEW0.91%$2M34.5K
20DELLDELL TECHNOLOGIES INCCL C0.88%$2M15.9K
21ONON SEMICONDUCTOR CORPCOM0.87%$2M41.2K
22FHNFIRST HORIZON CORPORATIONCOM0.87%$2M91.2K
23CBCHUBB LIMITEDCOM0.86%$2M9.8K
24ETRENTERGY CORP NEWCOM0.85%$2M15.4K
25REXRREXFORD INDL RLTY INCCOM0.82%$1M26.2K
26FISFIDELITY NATL INFORMATION SVCOM0.80%$1M10.3K
27PSXPHILLIPS 66COM0.79%$1M16.7K
28PKGPACKAGING CORP AMERCOM0.79%$1M10.6K
29DDOMINION ENERGY INCCOM0.76%$1M18.8K
30WRBBERKLEY W R CORPCOM0.75%$1M18.2K
31LUVSOUTHWEST AIRLS COCOM0.74%$1M25.4K
32KOCOCA COLA COCOM0.73%$1M24.6K
33FLEX LTDORD0.73%$1M74.3K
34MAMASTERCARD INCORPORATEDCL A0.71%$1M3.5K
35SOSOUTHERN COCOM0.70%$1M21.0K
36CICIGNA CORP NEWCOM0.70%$1M5.3K
37LPLALPL FINL HLDGS INCCOM0.68%$1M9.1K
38METMETLIFE INCCOM0.67%$1M20.2K
39DEIDOUGLAS EMMETT INCCOM0.66%$1M35.5K
40EMREMERSON ELEC COCOM0.66%$1M12.3K
41AEEAMEREN CORPCOM0.65%$1M14.7K
42MTBM & T BK CORPCOM0.64%$1M8.0K
43DLRDIGITAL RLTY TR INCCOM0.64%$1M7.8K
44NEENEXTERA ENERGY INCCOM0.63%$1M15.6K
45REGREGENCY CTRS CORPCOM0.62%$1M17.6K
46ALCALCON AG ORDSHS0.61%$1M15.8K
47CGCARLYLE GROUP INCCOM0.61%$1M23.7K
48WDAYWORKDAY INCCL A0.61%$1M4.6K
49CAGCONAGRA BRANDS INCCOM0.60%$1M29.9K
50IRMIRON MTN INC NEWCOM0.59%$1M25.4K
51EMNEASTMAN CHEM COCOM0.59%$1M9.1K
52UNPUNION PAC CORPCOM0.58%$1M4.8K
53FFIVF5 NETWORKS INCCOM0.57%$1M5.6K
54BANCORPSOUTH BK TUPELO MISSCOM0.57%$1M36.5K
55TJXTJX COS INC NEWCOM0.56%$1M15.1K
56SWKSTANLEY BLACK & DECKER INCCOM0.55%$1M4.9K
57ARWARROW ELECTRS INCCOM0.55%$993,0008.7K
58VICIVICI PPTYS INCCOM0.54%$980,00031.6K
59ICEINTERCONTINENTAL EXCHANGE INCOM0.54%$978,0008.2K
60IAA INCCOM0.52%$949,00017.4K
61WPCWP CAREY INCCOM0.52%$939,00012.6K
62LVSLAS VEGAS SANDS CORPCOM0.51%$925,00017.6K
63TROXTRONOX HOLDINGS PLCSHS0.51%$920,00041.1K
64AMZNAMAZON COM INCCOM0.50%$908,000264
65AAALCOA CORPCOM0.49%$893,00024.3K
66OPTUALTICE USA INCCL A0.49%$891,00026.1K
67IQVIQVIA HLDGS INCCOM0.49%$880,0003.6K
68NNNNATIONAL RETAIL PROPERTIES ICOM0.48%$866,00018.5K
69HRBBLOCK H & R INCCOM0.46%$841,00035.8K
70MCOMOODYS CORPCOM0.46%$834,0002.3K
71PAYXPAYCHEX INCCOM0.46%$831,0007.7K
72LHXL3HARRIS TECHNOLOGIES INCCOM0.46%$828,0003.8K
73EQREQUITY RESIDENTIALSH BEN INT0.45%$820,00010.7K
74CCEPCOCA-COLA EUROPACIFIC PARTNESHS0.45%$816,00013.7K
75DDDUPONT DE NEMOURS INCCOM0.45%$809,00010.4K
76ICLRICON PLCSHS0.44%$791,0003.8K
77PCARPACCAR INCCOM0.43%$788,0008.8K
78GRMNGARMIN LTDSHS0.43%$783,0005.4K
79LYBLYONDELLBASELL INDUSTRIES NSHS - A -0.43%$775,0007.5K
80AEOAMERICAN EAGLE OUTFITTERS INCOM0.42%$763,00020.3K
81STXSEAGATE TECHNOLOGY HLDNGS PL ORDSHS0.42%$757,0008.6K
82AEMAGNICO EAGLE MINES LTDCOM0.42%$756,00012.5K
83CMCSACOMCAST CORP NEWCL A0.42%$755,00013.2K
84CMECME GROUP INCCOM0.41%$751,0003.5K
85SYNOVUS FINL CORPCOM NEW0.41%$740,00016.9K
86OREALTY INCOME CORPCOM0.41%$735,00011.0K
87SJMSMUCKER J M COCOM NEW0.40%$732,0005.7K
88KELKELLOGG COCOM0.40%$726,00011.3K
89BENFRANKLIN RESOURCES INCCOM0.40%$723,00022.6K
90AMHAMERICAN HOMES 4 RENTCL A0.40%$723,00018.6K
91MCKMCKESSON CORPCOM0.39%$716,0003.7K
92DISCOVER FINL SVCSCOM0.39%$713,0006.0K
93GGENPACT LIMITEDSHS0.39%$708,00015.6K
94FANGDIAMONDBACK ENERGY INCCOM0.39%$701,0007.5K
95MTCHMATCH GROUP INC NEWCOM0.38%$694,0004.3K
96SOUTH JERSEY INDS INCCOM0.38%$684,00026.4K
97LENLENNAR CORPCL A0.36%$656,0006.6K
98GMGENERAL MTRS COCOM0.36%$652,00011.0K
99SKAASKECHERS U S A INCCL A0.35%$640,00012.8K
100FBINFORTUNE BRANDS HOME & SEC INCOM0.35%$637,0006.4K

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 ↗

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 ↗.