SEC 13F Intelligence

Managers / Q4 2018 · view latest →

Balter Liquid Alternatives, LLC

CIK 0001592450 · 125 HIGH STREET, OLIVER STREET TOWER, SUITE 802, BOSTON, MA, 02110 · 617-742-4226

Reported Value
$144M
Q4 2018
Positions
219
Filings on Record
3
2019–present window
Filed
Feb 8, 2019
original filing

Summary

Balter Liquid Alternatives, LLC reported $144M in U.S.-listed holdings across 219 positions for Q4 2018.

Its largest position, RCMEUR, represents 4.4% of the portfolio.

Portfolio Metrics

Top-10 Concentration
+20.4%
share of reported value
Largest Position
+4.4%
R1 Rcm

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. 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
Q4 ’18: $144MQ4 ’18Q1 ’19: $181MQ1 ’19Q2 ’19: $205MQ2 ’19filingsflow.com

Portfolio Composition

By security type
Common Stock: 86.9%Other: 10.6%REIT: 1.2%ADR: 0.5%MLP: 0.4%Other: 0.4%
  • Common Stock · 86.9% · $125M
  • Other · 10.6% · $15M
  • REIT · 1.2% · $2M
  • ADR · 0.5% · $670,000
  • MLP · 0.4% · $636,000
  • Other · 0.4% · $639,000

Quarter-over-Quarter Changes full breakdown →

IssuerMoveShare ΔShares nowValue ΔValue now
RCMEURR1 RCM IncNEW+788.0K788.0K+$6M$6M
NXSTNexstar Media Group IncNEW+56.3K56.3K+$4M$4M
Craft Brew Alliance IncNEW+266.0K266.0K+$4M$4M
CRAICRA Intl IncNEW+58.2K58.2K+$2M$2M
GRPNCHFGroupon IncNEW+753.1K753.1K+$2M$2M
EBAeBay IncNEW+75.7K75.7K+$2M$2M
MSFTMicrosoft CorpNEW+20.9K20.9K+$2M$2M
CSCOCisco Sys IncNEW+44.2K44.2K+$2M$2M

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

Holdings — Q4 2018

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1RCMEURR1 RCM Inchistory →COM4.35%$6M788.0K
2NXSTNexstar Media Group Inchistory →CL A3.08%$4M56.3K
3Craft Brew Alliance IncCOM2.65%$4M266.0K
4CRAICRA Intl Inchistory →COM1.72%$2M58.2K
5GRPNCHFGroupon Inchistory →COM1.67%$2M751.7K
6EBAeBay Inchistory →COM1.48%$2M75.7K
7MSFTMicrosoft Corphistory →COM1.47%$2M20.9K
8CSCOCisco Sys Inchistory →COM1.33%$2M44.2K
9WDRWaddell & Reed Finl Inchistory →CL A1.32%$2M105.0K
10BDCBelden Inchistory →COM1.31%$2M45.2K
11FOEFerro Corphistory →COM1.27%$2M116.7K
12TECD1USDTech Data Corphistory →COM1.16%$2M20.4K
13DISCKUSDDiscovery Inchistory →COM SER C1.15%$2M71.4K
14CMCSAComcast Corp Newhistory →CL A1.13%$2M47.6K
15WIFIBoingo Wireless Inchistory →COM1.11%$2M77.4K
16GPKGraphic Packaging Hldg Cohistory →COM1.10%$2M149.4K
17EMNEastman Chem Cohistory →COM1.10%$2M21.6K
18CTSHCognizant Technology Solutions Corphistory →CL A1.07%$2M24.2K
19MTZMasTec Inchistory →COM1.06%$2M37.7K
20AWIArmstrong World Inds Inc Newhistory →COM1.04%$2M25.8K
21SWCHFSierra Wireless Inchistory →COM1.04%$1M111.2K
22PRUPrudential Finl Inchistory →COM1.02%$1M18.0K
23SANMSanmina Corporationhistory →COM1.01%$1M60.5K
24MCKMcKesson CorpCOM0.96%$1M12.5K
25HCQAMN Healthcare Services IncCOM0.95%$1M24.2K
26CCKCrown Holdings IncCOM0.95%$1M32.8K
27TAT&T IncCOM0.93%$1M47.0K
28RJFRaymond James Financial IncCOM0.92%$1M17.8K
29FDXFedEx CorpCOM0.91%$1M8.2K
30MIKUSDMichaels Cos IncCOM0.91%$1M96.6K
31ALRMAlarm com Hldgs IncCOM0.90%$1M25.0K
32LKQ1LKQ CorpCOM0.89%$1M54.1K
33Mylan N VSHS EURO0.89%$1M46.7K
34CVSCVS Health CorpCOM0.89%$1M19.5K
35GAPGap Inc DelCOM0.88%$1M49.1K
36AAWWUSDAtlas Air Worldwide Hldgs InCOM NEW0.88%$1M30.0K
37TKRTimken CoCOM0.88%$1M33.8K
38OSISOSI Systems IncCOM0.86%$1M24.5K
39HCAHCA Healthcare IncCOM0.81%$1M9.4K
40BECNUSDBeacon Roofing Supply IncCOM0.80%$1M36.2K
41MIGAMicroStrategy IncCL A NEW0.77%$1M8.7K
42HYREQHyreCar IncCOM0.77%$1M465.5K
43IRDMIridium Communications IncCOM0.74%$1M57.8K
44CSG Systems International IncCOM0.73%$1M33.3K
45Flex LtdORD0.72%$1M135.4K
46VYXNCR Corp NewCOM0.71%$1M44.4K
47Atlassian Corp PLCCL A0.69%$997,00011.2K
48CVLTCommVault Systems IncCOM0.69%$994,00016.8K
49LNWOScientific Games CorpCOM0.67%$962,00053.8K
50IPIntl Paper CoCOM0.66%$956,00023.7K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q2 2019$205M132Jul 31, 201913F-HRchanges · EDGAR ↗
Q1 2019$181M188May 13, 201913F-HRchanges · EDGAR ↗
Q4 2018$144M219Feb 8, 201913F-HRchanges · EDGAR ↗

Other Included Managers

This filing reports holdings on behalf of 2 additional managers.

  • Millrace Asset Group, Inc.028-16781
  • 12th Street Asset Management Company, LLC028-16737

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 ↗.