SEC 13F Intelligence

Managers / Q1 2026

Matisse Capital

CIK 0001668256 · 15350 SW SEQUOIA PKWY, SUITE 260, PORTLAND, OR, 97224 · 5032103000

Reported Value
$234M
Q1 2026
Positions
190
Filings on Record
32
2019–present window
Filed
May 8, 2026
original filing

Summary

Matisse Capital reported $234M in U.S.-listed holdings across 190 positions for Q1 2026.

Its largest position, AAPL, represents 3.9% of the portfolio.

Compared with Q4 2025, the fund opened 13 new positions and exited 15.

Portfolio Metrics

Turnover
+11.5%
vs prior filed quarter
Top-10 Concentration
+24.0%
share of reported value
Largest Position
+3.9%
Apple
New / Exited
13 / 15
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. 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: $79MQ4 ’18Q1 ’19: $83MQ2 ’19: $78MQ3 ’19: $81MQ4 ’19: $141MQ4 ’19Q1 ’20: $254MQ2 ’20: $301MQ3 ’20: $250MQ4 ’20: $322MQ4 ’20Q1 ’21: $694MQ2 ’21: $316MQ3 ’21: $272MQ4 ’21: $145MQ4 ’21Q1 ’22: $109MQ2 ’22: $105MQ3 ’22: $79MQ4 ’22: $113MQ4 ’22Q1 ’23: $155MQ2 ’23: $161MQ3 ’23: $142MQ4 ’23: $188MQ4 ’23Q1 ’24: $208MQ2 ’24: $202MQ3 ’24: $206MQ4 ’24: $197MQ4 ’24Q1 ’25: $190MQ2 ’25: $212MQ3 ’25: $222MQ4 ’25: $224MQ4 ’25Q1 ’26: $234Mfilingsflow.com

Portfolio Composition

By security type
Closed-End Fund: 48.7%Common Stock: 27.7%ETP: 16.2%Other: 4.7%REIT: 1.8%Other: 1.0%
  • Closed-End Fund · 48.7% · $114M
  • Common Stock · 27.7% · $65M
  • ETP · 16.2% · $38M
  • Other · 4.7% · $11M
  • REIT · 1.8% · $4M
  • Other · 1.0% · $2M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
XAI OCTAGN FLT RAT & ALT INMNEW+344.1K344.1K+$6M$6M
FSSLFS SPECIALTY LENDING FDNEW+452.2K452.2K+$6M$6M
PIMCO NEW YORK MUN FD IINEW+618.7K618.7K+$4M$4M
JFRNUVEEN FLOATING RATE INCOMENEW+250.0K250.0K+$2M$2M
BGXBLACKSTONE LONG SHORT CR INCNEW+170.0K170.0K+$2M$2M
STATE STR SPDR S&P 500 ETF TNEW+557557+$808,872$808,872
SOFISOFI TECHNOLOGIES INCNEW+46.2K46.2K+$734,085$734,085
BABAALIBABA GROUP HLDG LTDNEW+5.5K5.5K+$694,296$694,296

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

Holdings — Q1 2026

45 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1AAPLAPPLE INChistory →COM3.90%$9M36.0K
2ISHARES TRCORE DIV GRWTH3.34%$8M111.6K
3PIMCO CALIF MUN INCOME FDCOM2.61%$6M712.4K
4ASCENDIS PHARMA A/SSPONSORED ADR2.54%$6M26.1K
5TWNTAIWAN FD INChistory →COM2.36%$6M84.0K
6GOOGLALPHABET INChistory →CAP STK CL A · CAP STK CL C2.34%$5M19.1K
7MSFTMICROSOFT CORPhistory →COM2.27%$5M14.4K
8VANGUARD INDEX FDSSML CP GRW ETF · SM CP VAL ETF2.22%$5M20.2K
9XAI OCTAGN FLT RAT & ALT INMCOM SHS BENF INT1.95%$5M266.0K
10FSCOFS CREDIT OPPORTUNITIES CORPhistory →COMMON STOCK1.91%$4M880.0K
11FSSLFS SPECIALTY LENDING FDhistory →COM SH BEN INT1.87%$4M350.0K
12MXFMEXICO FD INChistory →COM1.83%$4M205.0K
13PIMCO NEW YORK MUN FD IICOM1.81%$4M618.7K
14NXDTNEXPOINT DIVERSIFIED REL EThistory →COM NEW1.79%$4M898.5K
15LRCXLAM RESEARCH CORPhistory →COM NEW1.74%$4M19.1K
16KFKOREA FD INChistory →COM NEW1.58%$4M82.3K
17BLUEROCK PVT REAL ESTATE FDCOM1.13%$3M160.0K
18RGTROYCE GLOBAL TRUST INChistory →COM1.07%$3M188.0K
19BLACKROCK TECH AND PRIVATE ESHS BEN INT1.07%$3M380.0K
20VANGUARD BD INDEX FDSINTERMED TERM1.06%$2M32.2K
21STEWSRH TOTAL RETURN FUND INChistory →COM1.02%$2M140.0K
22AMZNAMAZON COM INChistory →COM1.00%$2M11.3K
23HGLBHIGHLAND GLOBAL ALLOCATION FCOM0.99%$2M290.0K
24GEVGE VERNOVA INCCOM0.97%$2M2.6K
25TDFTEMPLETON DRAGON FD INCCOM0.95%$2M210.0K
26HIGHLAND OPPS & INCOME FDHIGHLAND INCOME0.94%$2M386.0K
27DMADESTRA MULTI-ALTERNATIVE FDCOMMON SHARES0.93%$2M268.0K
28CETCENTRAL SECS CORPCOM0.85%$2M40.0K
29WIWWESTERN AST INFL LKD OPP & ICOM0.83%$2M230.0K
30VVRINVESCO SR INCOME TRCOM0.82%$2M600.0K
31XCAFXMORGAN STANLEY CHINA A SH FDCOM0.82%$2M109.6K
32JFRNUVEEN FLOATING RATE INCOMECOM0.80%$2M250.0K
33BGXBLACKSTONE LONG SHORT CR INCCOM SHS BN INT0.79%$2M170.0K
34BLACKROCK MUN TARGET TERM TRCOM SHS BEN IN0.79%$2M81.6K
35METAMETA PLATFORMS INCCL A0.77%$2M3.1K
36EXMOCEXXON MOBIL CORPCOM0.76%$2M10.5K
37ABRDN NATL MUN INCOME FDSH BEN INT0.74%$2M174.7K
38DISVDIMENSIONAL ETF TRUSTINTL SMALL CAP V0.74%$2M44.1K
39MXEMEXICO EQUITY & INCOME FDCOM0.73%$2M132.0K
40NBXGNEUBERGER NEXT GENERATIONCOMMON STOCK0.71%$2M129.8K
41BRK/BBERKSHIRE HATHAWAY INC DELCL B NEW0.71%$2M3.5K
42GLOCLOUGH GLOBAL OPPORTUNITIESSH BEN INT0.71%$2M298.6K
43SWZTOTAL RETURN SECURITIES FUNDCOM0.66%$2M259.7K
44XJQCXNUVEEN CR STRATEGIES INCOMECOM SHS0.65%$2M314.5K
45NVDANVIDIA CORPORATIONCOM0.65%$2M8.7K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$234M190May 8, 202613F-HRchanges · EDGAR ↗
Q4 2025$224M195Jan 29, 202613F-HRchanges · EDGAR ↗
Q3 2025$222M196Oct 29, 202513F-HRchanges · EDGAR ↗
Q2 2025$212M198Jul 23, 202513F-HRchanges · EDGAR ↗
Q1 2025$190M196Apr 24, 202513F-HRchanges · EDGAR ↗
Q4 2024$197M197Jan 24, 202513F-HRchanges · EDGAR ↗
Q3 2024$206M204Oct 17, 202413F-HRchanges · EDGAR ↗
Q2 2024$202M211Jul 30, 202413F-HRchanges · EDGAR ↗
Q1 2024$208M223Apr 30, 202413F-HRchanges · EDGAR ↗
Q4 2023$188M220Feb 8, 202413F-HRchanges · EDGAR ↗
Q3 2023$142M169Oct 13, 202313F-HRchanges · EDGAR ↗
Q2 2023$161M169Aug 2, 202313F-HRchanges · EDGAR ↗
Q1 2023$155M175Apr 27, 202313F-HRchanges · EDGAR ↗
Q4 2022REVEALED$113M234Jan 20, 202313F-HRchanges · EDGAR ↗
Q3 2022$79M84Nov 8, 202213F-HRchanges · EDGAR ↗
Q2 2022$105M124Jul 28, 202213F-HRchanges · EDGAR ↗
Q1 2022$109M123Apr 12, 202213F-HRchanges · EDGAR ↗
Q4 2021$145M137Feb 4, 202213F-HRchanges · EDGAR ↗
Q3 2021$272M150Nov 8, 202113F-HRchanges · EDGAR ↗
Q2 2021$316M148Aug 11, 202113F-HRchanges · EDGAR ↗
Q1 2021REVEALED$694M330May 14, 202113F-HRchanges · EDGAR ↗
Q4 2020$322M156Feb 12, 202113F-HRchanges · EDGAR ↗
Q3 2020$250M147Nov 4, 202013F-HRchanges · EDGAR ↗
Q2 2020$301M219Jul 28, 202013F-HRchanges · EDGAR ↗
Q1 2020$254M254May 7, 202013F-HRchanges · EDGAR ↗
Q4 2019$141M166Feb 12, 202013F-HRchanges · EDGAR ↗
Q3 2019$81M97Oct 28, 201913F-HRchanges · EDGAR ↗
Q2 2019$78M97Aug 13, 201913F-HRchanges · EDGAR ↗
Q1 2019$83M97Apr 24, 201913F-HRchanges · EDGAR ↗
Q4 2018$79M101Jan 18, 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 ↗.