Managers / Q2 2023 · view latest →
Rovida Advisors Inc.
CIK 0001653857 · C/O SMAART COMPANY, 2319 N. ANDREWS AVENUE, FORT LAUDERDALE, FL, 33311 · 345-949-4700
Summary
Rovida Advisors Inc. reported $229M in U.S.-listed holdings across 18 positions for Q2 2023.
The portfolio is heavily concentrated: NTB alone accounts for 21.3% of reported value.
Compared with Q1 2023, the fund opened 2 new positions and exited 6.
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 · 87.8% · $202M
- ADR · 10.7% · $24M
- ETP · 0.8% · $2M
- Other · 0.7% · $2M
Quarter-over-Quarter Changes full breakdown →
vs Q1 2023 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| SRESEMPRA | NEW | +57.0K | 57.0K | +$8M | $8M |
| DVNDEVON ENERGY CORP NEW | NEW | +92.0K | 92.0K | +$4M | $4M |
| BTUPEABODY ENERGY CORP | ADDED | +335.0K | 410.0K | +$7M | $9M |
| HUNHUNTSMAN | ADDED | +233.2K | 310.0K | +$6M | $8M |
| WECWEC ENERGY GROUP INC | SOLD OUT | −132.6K | 0 | −$13M | $0 |
| SONYSONY GROUP CORPORATION | SOLD OUT | −122.7K | 0 | −$11M | $0 |
| TTWOTAKE-TWO INTERACTIVE SOFTWAR | SOLD OUT | −85.0K | 0 | −$10M | $0 |
| XELXCEL ENERGY INC | SOLD OUT | −40.0K | 0 | −$3M | $0 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q2 2023
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | NTBBANK OF NT BUTTERFIELD&SON Lhistory → | SHS NEW | 21.34% | $49M | 1.79M |
| 2 | PARPAR TECHNOLOGY CORPhistory → | COM | 17.18% | $39M | 1.20M |
| 3 | KTOSKRATOS DEFENSE & SEC SOLUTIOhistory → | COM NEW | 11.08% | $25M | 1.77M |
| 4 | DADA NEXUS LTD | ADS | 10.68% | $24M | 4.61M |
| 5 | NEENEXTERA ENERGY INChistory → | COM | 5.66% | $13M | 175.0K |
| 6 | KKRKKR & CO INChistory → | COM | 4.27% | $10M | 175.0K |
| 7 | BTUPEABODY ENERGY CORPhistory → | COM | 3.87% | $9M | 410.0K |
| 8 | MSFTMICROSOFT CORPhistory → | COM | 3.71% | $9M | 25.0K |
| 9 | HUNHUNTSMANhistory → | CORP | 3.65% | $8M | 310.0K |
| 10 | SRESEMPRAhistory → | COM | 3.62% | $8M | 57.0K |
| 11 | AMZNAMAZON COM INChistory → | COM | 3.41% | $8M | 60.0K |
| 12 | GOOGLALPHABET INChistory → | CAP STK CL A | 3.13% | $7M | 60.0K |
| 13 | VVISA INChistory → | COM CL A | 2.59% | $6M | 25.0K |
| 14 | PPLIIAC INChistory → | COM NEW | 2.39% | $5M | 87.3K |
| 15 | DVNDEVON ENERGY CORP NEWhistory → | COM | 1.94% | $4M | 92.0K |
| 16 | MSOSADVISORSHARES TR | PURE US CANNABIS | 0.76% | $2M | 316.1K |
| 17 | RVL PHARMACEUTICALS PLC | SHS | 0.73% | $2M | 3.00M |
| 18 | OZONOZON HLDGS PLC | SPONSORED ADS | 0.00% | $0 | 358.8K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q4 2025 | $0 | 1 | Feb 10, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $116M | 12 | Nov 12, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $112M | 12 | Aug 12, 2025 | RESTATEMENT | changes · EDGAR ↗ |
| Q1 2025 | $134M | 12 | May 12, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $129M | 12 | Feb 12, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $318M | 23 | Nov 12, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $280M | 23 | Aug 13, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $288M | 26 | May 10, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $245M | 17 | Feb 12, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $263M | 19 | Nov 13, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $229M | 18 | Aug 11, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $256M | 22 | May 11, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | $272M | 25 | Feb 10, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | $215M | 20 | Nov 10, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022 | $389M | 25 | Aug 12, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | $466M | 28 | May 10, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q4 2021 | $2.2B | 48 | Feb 14, 2022 | RESTATEMENT | changes · EDGAR ↗ |
| Q3 2021 | $2.4B | 52 | Nov 12, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q2 2021 | $2.3B | 47 | Aug 10, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q1 2021 | $2.1B | 49 | May 14, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q4 2020 | $1.7B | 42 | Feb 9, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q3 2020 | $1.4B | 49 | Nov 13, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q2 2020 | $1.0B | 47 | Aug 12, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q1 2020 | $213M | 26 | May 13, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q4 2019 | $1.9B | 58 | Feb 12, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q3 2019 | $1.7B | 39 | Nov 8, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q2 2019 | $1.7B | 41 | Aug 13, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q1 2019 | $1.5B | 40 | May 13, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q4 2018 | $1.2B | 35 | Feb 11, 2019 | 13F-HR | changes · 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 ↗.