SEC 13F Intelligence

Managers / Q2 2022 · view latest →

Cipher Capital LP

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

Reported Value
$442M
Q2 2022
Positions
369
Filings on Record
18
2019–present window
Filed
Aug 12, 2022
original filing

Summary

Cipher Capital LP reported $442M in U.S.-listed holdings across 369 positions for Q2 2022.

Its largest position, GM, represents 1.0% of the portfolio.

Compared with Q2 2021, the fund opened 279 new positions and exited 194.

Portfolio Metrics

Turnover
+40.8%
vs prior filed quarter
Top-10 Concentration
+10.1%
share of reported value
Largest Position
+1.0%
General Mtrs
New / Exited
279 / 194
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: 88.2%REIT: 10.4%Other: 1.2%Tracking Stk: 0.3%
  • Common Stock · 88.2% · $390M
  • REIT · 10.4% · $46M
  • Other · 1.2% · $5M
  • Tracking Stk · 0.3% · $1M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2021 (amended baseline) · note: prior filed quarter, not the immediately preceding one

IssuerMoveShare ΔShares nowValue ΔValue now
MRVLMARVELL TECHNOLOGY INCNEW+103.8K103.8K+$5M$5M
CDNSCADENCE DESIGN SYSTEM INCNEW+29.8K29.8K+$4M$4M
YUMYUM BRANDS INCNEW+39.2K39.2K+$4M$4M
WFCWELLS FARGO CO NEWNEW+112.8K112.8K+$4M$4M
HSYHERSHEY CONEW+20.5K20.5K+$4M$4M
BACBK OF AMERICA CORPNEW+141.8K141.8K+$4M$4M
ESEVERSOURCE ENERGYNEW+52.2K52.2K+$4M$4M
MRKMERCK & CO INCNEW+48.1K48.1K+$4M$4M

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

Holdings — Q2 2022

369 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1GMGENERAL MTRS COhistory →COM1.04%$5M144.7K
2MRVLMARVELL TECHNOLOGY INChistory →COM1.02%$5M103.8K
3CDNSCADENCE DESIGN SYSTEM INChistory →COM1.01%$4M29.8K
4YUMYUM BRANDS INChistory →COM1.01%$4M39.2K
5ACNACCENTURE PLC IRELANDhistory →SHS CLASS A1.00%$4M16.0K
6HSYHERSHEY COCOM1.00%$4M20.5K
7WFCWELLS FARGO CO NEWCOM1.00%$4M112.8K
8BACBK OF AMERICA CORPCOM1.00%$4M141.8K
9ESEVERSOURCE ENERGYCOM1.00%$4M52.2K
10CMSCMS ENERGY CORPCOM0.99%$4M65.2K
11MRKMERCK & CO INCCOM0.99%$4M48.1K
12CVXCHEVRON CORP NEWCOM0.98%$4M30.1K
13FISFIDELITY NATL INFORMATION SVCOM0.98%$4M47.4K
14BRK/BBERKSHIRE HATHAWAY INC DELCL B NEW0.98%$4M15.9K
15DHRDANAHER CORPORATIONCOM0.95%$4M16.6K
16SLBSCHLUMBERGER LTDCOM STK0.95%$4M118.0K
17METMETLIFE INCCOM0.95%$4M66.9K
18MCDMCDONALDS CORPCOM0.93%$4M16.7K
19EDCONSOLIDATED EDISON INCCOM0.92%$4M43.0K
20AJGGALLAGHER ARTHUR J & COCOM0.91%$4M24.8K
21HPQHP INCCOM0.91%$4M123.1K
22JCIJOHNSON CTLS INTL PLCSHS0.87%$4M79.9K
23SRESEMPRACOM0.83%$4M24.5K
24APHAMPHENOL CORP NEWCL A0.83%$4M57.1K
25ELSEQUITY LIFESTYLE PPTYS INCCOM0.82%$4M51.6K
26CICIGNA CORP NEWCOM0.82%$4M13.8K
27TRMBTRIMBLE INCCOM0.82%$4M62.3K
28CTVACORTEVA INCCOM0.81%$4M65.8K
29FRCBFIRST REP BK SAN FRANCISCO CCOM0.80%$4M24.5K
30CVSCVS HEALTH CORPCOM0.79%$3M37.7K
31AMATAPPLIED MATLS INCCOM0.70%$3M33.9K
32SWKSSKYWORKS SOLUTIONS INCCOM0.68%$3M32.6K
33GPCGENUINE PARTS COCOM0.68%$3M22.7K
34WPCWP CAREY INCCOM0.68%$3M36.4K
35SJMSMUCKER J M COCOM NEW0.68%$3M23.5K
36WECWEC ENERGY GROUP INCCOM0.67%$3M29.5K
37SHOPSHOPIFY INCCL A0.66%$3M94.0K
38AWKAMERICAN WTR WKS CO INC NEWCOM0.66%$3M19.7K
39KRKROGER COCOM0.66%$3M61.7K
40JNPJUNIPER NETWORKS INCCOM0.66%$3M102.2K
41SSNCSS&C TECHNOLOGIES HLDGS INCCOM0.65%$3M49.3K
42PSXPHILLIPS 66COM0.65%$3M34.8K
43STORE CAP CORPCOM0.64%$3M108.5K
44SNPSSYNOPSYS INCCOM0.63%$3M9.2K
45ZTSZOETIS INCCL A0.62%$3M15.8K
46NDAQNASDAQ INCCOM0.61%$3M17.8K
47EMREMERSON ELEC COCOM0.61%$3M34.0K
48STAGSTAG INDL INCCOM0.60%$3M86.0K
49VLOVALERO ENERGY CORPCOM0.58%$3M24.2K
50MDLZMONDELEZ INTL INCCL A0.58%$3M41.3K
51CFGCITIZENS FINL GROUP INCCOM0.58%$3M71.4K
52TERTERADYNE INCCOM0.57%$3M28.3K
53RMDRESMED INCCOM0.57%$3M12.0K
54DTDYNATRACE INCCOM NEW0.57%$3M63.8K
55GENERAL ELECTRIC COCOM NEW0.57%$3M39.4K
56LLOEWS CORPCOM0.57%$3M42.3K
57MASMASCO CORPCOM0.56%$2M49.4K
58MARMARRIOTT INTL INC NEWCL A0.56%$2M18.2K
59MLMMARTIN MARIETTA MATLS INCCOM0.56%$2M8.3K
60FTNTFORTINET INCCOM0.54%$2M42.3K
61REGREGENCY CTRS CORPCOM0.53%$2M39.6K
62FDXFEDEX CORPCOM0.53%$2M10.3K
63MRSHMARSH & MCLENNAN COS INCCOM0.53%$2M15.0K
64HRLHORMEL FOODS CORPCOM0.52%$2M48.4K
65AMEAMETEK INCCOM0.52%$2M20.8K
66AAPADVANCE AUTO PARTS INCCOM0.52%$2M13.2K
67OVVOVINTIV INCCOM0.51%$2M50.9K
68AMTAMERICAN TOWER CORP NEWCOM0.50%$2M8.7K
69EXREXTRA SPACE STORAGE INCCOM0.50%$2M12.9K
70ALLALLSTATE CORPCOM0.49%$2M17.3K
71CFCF INDS HLDGS INCCOM0.49%$2M25.1K
72LENLENNAR CORPCL A0.48%$2M30.4K
73CSXCSX CORPCOM0.46%$2M70.7K
74FTVFORTIVE CORPCOM0.44%$2M36.1K
75LIFE STORAGE INCCOM0.44%$2M17.6K
76RSGREPUBLIC SVCS INCCOM0.44%$2M14.9K
77AREALEXANDRIA REAL ESTATE EQ INCOM0.44%$2M13.4K
78AONAON PLC SHSCL A0.43%$2M7.1K
79TSCOTRACTOR SUPPLY COCOM0.43%$2M9.9K
80DOWDOW INCCOM0.43%$2M36.9K
81VTRVENTAS INCCOM0.41%$2M35.7K
82ENTGENTEGRIS INCCOM0.41%$2M19.9K
83LSCCLATTICE SEMICONDUCTOR CORPCOM0.40%$2M36.9K
84TTTRANE TECHNOLOGIES PLCSHS0.40%$2M13.7K
85STTSTATE STR CORPCOM0.40%$2M28.6K
86NEENEXTERA ENERGY INCCOM0.40%$2M22.6K
87AQNALGONQUIN PWR UTILS CORPCOM0.39%$2M128.6K
88EQTEQT CORPCOM0.38%$2M49.5K
89BBYBEST BUY INCCOM0.38%$2M25.6K
90WTWWILLIS TOWERS WATSON PLC LTDSHS0.38%$2M8.4K
91BKRBAKER HUGHES COMPANYCL A0.38%$2M57.7K
92LAMRLAMAR ADVERTISING CO NEWCL A0.37%$2M18.8K
93EWBCEAST WEST BANCORP INCCOM0.37%$2M25.5K
94BROOKFIELD ASSET MGMT INCCL A LTD VT SH0.37%$2M37.0K
95IDXXIDEXX LABS INCCOM0.37%$2M4.6K
96JPMJPMORGAN CHASE & COCOM0.36%$2M14.3K
97RRCRANGE RES CORPCOM0.36%$2M63.7K
98AVTRAVANTOR INCCOM0.36%$2M50.6K
99JBGSJBG SMITH PPTYSCOM0.36%$2M66.5K
100ZBRAZEBRA TECHNOLOGIES CORPORATICL A0.35%$2M5.3K

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 ↗

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 ↗.