SEC 13F Intelligence

Managers / Q3 2022 · view latest →

Cipher Capital LP

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

Reported Value
$616M
Q3 2022
Positions
415
Filings on Record
18
2019–present window
Filed
Nov 14, 2022
original filing

Summary

Cipher Capital LP reported $616M in U.S.-listed holdings across 415 positions for Q3 2022.

Its largest position, BRK/B, represents 1.0% of the portfolio.

Compared with Q2 2022, the fund opened 276 new positions and exited 230.

Portfolio Metrics

Turnover
+59.5%
vs prior filed quarter
Top-10 Concentration
+10.1%
share of reported value
Largest Position
+1.0%
Berkshire Hathaway
New / Exited
276 / 230
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: 88.8%REIT: 8.6%Other: 2.4%Tracking Stk: 0.3%
  • Common Stock · 88.8% · $547M
  • REIT · 8.6% · $53M
  • Other · 2.4% · $14M
  • Tracking Stk · 0.3% · $2M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
CATCATERPILLAR INCNEW+38.3K38.3K+$6M$6M
CLCOLGATE PALMOLIVE CONEW+89.1K89.1K+$6M$6M
TMUST-MOBILE US INCNEW+45.7K45.7K+$6M$6M
MSFTMICROSOFT CORPNEW+25.8K25.8K+$6M$6M
AEPAMERICAN ELEC PWR CO INCNEW+69.3K69.3K+$6M$6M
LNTALLIANT ENERGY CORPNEW+112.9K112.9K+$6M$6M
PPLPPL CORPNEW+235.8K235.8K+$6M$6M
AIGAMERICAN INTL GROUP INCNEW+125.7K125.7K+$6M$6M

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

Holdings — Q3 2022

415 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1BRK/BBERKSHIRE HATHAWAY INC DELhistory →CL B NEW1.05%$6M24.2K
2HDHOME DEPOT INChistory →COM1.04%$6M23.3K
3CATCATERPILLAR INChistory →COM1.02%$6M38.3K
4CLCOLGATE PALMOLIVE COhistory →COM1.02%$6M89.1K
5AXPAMERICAN EXPRESS COhistory →COM1.01%$6M45.9K
6JPMJPMORGAN CHASE & COhistory →COM1.00%$6M59.1K
7INTUINTUIThistory →COM1.00%$6M15.9K
8TMUST-MOBILE US INCCOM1.00%$6M45.7K
9MSFTMICROSOFT CORPCOM0.97%$6M25.8K
10AEPAMERICAN ELEC PWR CO INCCOM0.97%$6M69.3K
11LNTALLIANT ENERGY CORPCOM0.97%$6M112.9K
12PPLPPL CORPCOM0.97%$6M235.8K
13AIGAMERICAN INTL GROUP INCCOM NEW0.97%$6M125.7K
14IFFINTERNATIONAL FLAVORS&FRAGRACOM0.97%$6M65.6K
15PLDPROLOGIS INC.COM0.96%$6M58.4K
16MDTMEDTRONIC PLCSHS0.96%$6M73.4K
17FISFIDELITY NATL INFORMATION SVCOM0.96%$6M77.9K
18CTSHCOGNIZANT TECHNOLOGY SOLUTIOCL A0.94%$6M101.4K
19MSMORGAN STANLEYCOM NEW0.91%$6M70.7K
20ABNBAIRBNB INCCOM CL A0.88%$5M51.8K
21JBHTHUNT J B TRANS SVCS INCCOM0.85%$5M33.3K
22ATOATMOS ENERGY CORPCOM0.84%$5M51.0K
23RTXRAYTHEON TECHNOLOGIES CORPCOM0.84%$5M63.0K
24AMTAMERICAN TOWER CORP NEWCOM0.84%$5M24.0K
25TTTRANE TECHNOLOGIES PLCSHS0.82%$5M34.8K
26CBRECBRE GROUP INCCL A0.82%$5M74.5K
27HONHONEYWELL INTL INCCOM0.81%$5M30.0K
28RCLROYAL CARIBBEAN GROUPCOM0.79%$5M128.3K
29PNRPENTAIR PLCSHS0.79%$5M119.1K
30ZTSZOETIS INCCL A0.76%$5M31.7K
31UALUNITED AIRLS HLDGS INCCOM0.75%$5M141.5K
32LWLAMB WESTON HLDGS INCCOM0.70%$4M55.9K
33MRKMERCK & CO INCCOM0.70%$4M49.8K
34AMDADVANCED MICRO DEVICES INCCOM0.69%$4M67.4K
35SUISUN CMNTYS INCCOM0.69%$4M31.4K
36INVHINVITATION HOMES INCCOM0.68%$4M124.8K
37MGMMGM RESORTS INTERNATIONALCOM0.66%$4M137.9K
38ECLECOLAB INCCOM0.66%$4M28.3K
39HIGHARTFORD FINL SVCS GROUP INCCOM0.64%$4M63.9K
40SNOWSNOWFLAKE INCCL A0.63%$4M23.0K
41TRVTRAVELERS COMPANIES INCCOM0.63%$4M25.2K
42APTIV PLCSHS0.62%$4M48.5K
43CALMCAL MAINE FOODS INCCOM NEW0.61%$4M67.9K
44ISRGINTUITIVE SURGICAL INCCOM NEW0.61%$4M20.1K
45AWKAMERICAN WTR WKS CO INC NEWCOM0.61%$4M28.9K
46SWKSSKYWORKS SOLUTIONS INCCOM0.59%$4M42.5K
47QCOMQUALCOMM INCCOM0.58%$4M31.5K
48CSCOCISCO SYS INCCOM0.57%$4M87.9K
49BJBJS WHSL CLUB HLDGS INCCOM0.56%$3M47.2K
50PYPLPAYPAL HLDGS INCCOM0.56%$3M39.8K
51CPRTCOPART INCCOM0.55%$3M31.7K
52WDAYWORKDAY INCCL A0.53%$3M21.5K
53CADECADENCE BANKCOM0.53%$3M128.2K
54CVSCVS HEALTH CORPCOM0.53%$3M34.1K
55SJMSMUCKER J M COCOM NEW0.52%$3M23.4K
56PFEPFIZER INCCOM0.52%$3M72.7K
57DISDISNEY WALT COCOM0.51%$3M33.6K
58CNQCANADIAN NAT RES LTDCOM0.51%$3M67.6K
59UNHUNITEDHEALTH GROUP INCCOM0.50%$3M6.2K
60APAAPA CORPORATIONCOM0.50%$3M90.6K
61CCJCAMECO CORPCOM0.49%$3M114.6K
62APARTMENT INCOME REIT CORPCOM0.49%$3M78.6K
63MPCMARATHON PETE CORPCOM0.49%$3M30.5K
64ACNACCENTURE PLC IRELANDSHS CLASS A0.49%$3M11.7K
65DOCUDOCUSIGN INCCOM0.48%$3M55.2K
66USBUS BANCORP DELCOM NEW0.48%$3M72.8K
67VLOVALERO ENERGY CORPCOM0.47%$3M27.2K
68CMECME GROUP INCCOM0.47%$3M16.2K
69CHDCHURCH & DWIGHT CO INCCOM0.46%$3M40.1K
70DLTRDOLLAR TREE INCCOM0.46%$3M20.9K
71ADBEADOBE SYSTEMS INCORPORATEDCOM0.45%$3M10.1K
72ICEINTERCONTINENTAL EXCHANGE INCOM0.45%$3M30.4K
73MURMURPHY OIL CORPCOM0.44%$3M77.5K
74GPCGENUINE PARTS COCOM0.43%$3M17.9K
75KBHKB HOMECOM0.43%$3M102.9K
76EMREMERSON ELEC COCOM0.43%$3M36.4K
77IRDMIRIDIUM COMMUNICATIONS INCCOM0.43%$3M59.7K
78WESTROCK COCOM0.43%$3M85.6K
79NOWSERVICENOW INCCOM0.43%$3M7.0K
80LSCCLATTICE SEMICONDUCTOR CORPCOM0.42%$3M53.1K
81ACHCACADIA HEALTHCARE COMPANY INCOM0.42%$3M33.3K
82KMBKIMBERLY-CLARK CORPCOM0.41%$3M22.5K
83ADMARCHER DANIELS MIDLAND COCOM0.41%$3M31.2K
84CRMSALESFORCE INCCOM0.41%$3M17.4K
85HIWHIGHWOODS PPTYS INCCOM0.41%$3M92.8K
86NRGNRG ENERGY INCCOM NEW0.39%$2M63.5K
87AVANGRID INCCOM0.39%$2M57.8K
88SHWSHERWIN WILLIAMS COCOM0.38%$2M11.4K
89ALBALBEMARLE CORPCOM0.37%$2M8.6K
90WCCWESCO INTL INCCOM0.36%$2M18.8K
91YUMYUM BRANDS INCCOM0.36%$2M20.7K
92LEVILEVI STRAUSS & CO NEW CL ACOM STK0.36%$2M151.6K
93CCITIGROUP INCCOM NEW0.36%$2M52.6K
94PMPHILIP MORRIS INTL INCCOM0.36%$2M26.4K
95NETCLOUDFLARE INCCL A COM0.35%$2M39.5K
96SPIRIT RLTY CAP INC NEWCOM NEW0.35%$2M60.0K
97OUTFRONT MEDIA INCCOM0.35%$2M142.3K
98VMCVULCAN MATLS COCOM0.35%$2M13.7K
99STXSEAGATE TECHNOLOGY HLDNGS PLORD SHS0.35%$2M40.0K
100NDAQNASDAQ INCCOM0.35%$2M37.6K

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 ↗

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 ↗.