SEC 13F Intelligence

Managers / Q4 2018 · view latest →

Matisse Capital

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

Reported Value
$79M
Q4 2018
Positions
101
Filings on Record
32
2019–present window
Filed
Jan 18, 2019
original filing

Summary

Matisse Capital reported $79M in U.S.-listed holdings across 101 positions for Q4 2018.

Its largest position, GDL, represents 5.3% of the portfolio.

Portfolio Metrics

Top-10 Concentration
+39.1%
share of reported value
Largest Position
+5.3%
Gdl Fund

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
Other: 36.1%Closed-End Fund: 36.1%Common Stock: 20.1%ETP: 4.1%REIT: 3.7%
  • Other · 36.1% · $29M
  • Closed-End Fund · 36.1% · $29M
  • Common Stock · 20.1% · $16M
  • ETP · 4.1% · $3M
  • REIT · 3.7% · $3M

Quarter-over-Quarter Changes full breakdown →

IssuerMoveShare ΔShares nowValue ΔValue now
GDLGDL FUNDNEW+461.5K461.5K+$4M$4M
RMR REAL ESTATE INCOME FUNDNEW+270.8K270.8K+$4M$4M
MORGAN STANLEY EMER MKTS FDNEW+237.2K237.2K+$4M$4M
DIVIDEND & INCOME FUNDNEW+341.8K341.8K+$3M$3M
MXFMEXICO FD INCNEW+236.7K236.7K+$3M$3M
NXDTNEXPOINT STRATEGIC OPORTUNTNEW+145.7K145.7K+$3M$3M
EAGLE GRWTH & INCOME OPPTY FNEW+199.9K199.9K+$3M$3M
XXCHNXXCHINA FD INCNEW+145.2K145.2K+$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
1GDLGDL FUNDhistory →COM SH BEN IT5.33%$4M461.5K
2RMR REAL ESTATE INCOME FUNDCOM5.14%$4M270.8K
3MORGAN STANLEY EMER MKTS FDCOM4.81%$4M237.2K
4DIVIDEND & INCOME FUNDCOM NEW4.10%$3M341.8K
5MXFMEXICO FD INChistory →COM3.95%$3M236.7K
6NXDTNEXPOINT STRATEGIC OPORTUNThistory →COM NEW3.66%$3M145.7K
7EAGLE GRWTH & INCOME OPPTY FCOM SHS BEN IN3.18%$3M199.9K
8XXCHNXXCHINA FD INChistory →COM3.09%$2M145.2K
9NUVEEN GEORGIA QLTY MUN INCCOM2.99%$2M217.0K
10BLACKROCK MUNIYIELD N J FD ICOM2.92%$2M179.1K
11EATON VANCE TAX ADV BD OPT SCOM SH BEN INT2.58%$2M240.5K
12AEFABERDEEN EMRG MRKTS EQT INMhistory →COM2.43%$2M304.1K
13CEETHE CENTRAL AND EASTERN EU Ihistory →COM2.42%$2M87.4K
14WAVE LIFE SCIENCES LTDSHS2.35%$2M44.5K
15GGZGABELLI GLB SML & MD CP VALhistory →COM2.21%$2M179.2K
16EATON VANCE NJ MUNI INCOME TSH BEN INT2.16%$2M153.6K
17USBUS BANCORP DELhistory →COM NEW2.11%$2M36.8K
18MSFTMICROSOFT CORPhistory →COM1.97%$2M15.4K
19NAZNUVEEN ARIZONA QLTY MUN INChistory →COM1.80%$1M120.7K
20ASIA PAC FD INCCOM1.59%$1M110.8K
21AAPLAPPLE INChistory →COM1.50%$1M7.5K
22AMZNAMAZON COM INChistory →COM1.31%$1M693
23ISHARES INCEM MKT SM-CP ETF1.26%$1M24.0K
24SYNTHORX INCCOM1.20%$956,00055.0K
25VANGUARD WORLD FDSHEALTH CAR ETF1.11%$882,0005.5K
26INTCINTEL CORPhistory →COM1.08%$857,00018.3K
27VANECK VECTORS ETF TRJP MORGAN MKTS0.99%$789,00023.9K
28EATON VANCE N J MUN BD FDCOM0.99%$787,00065.7K
29TWNTAIWAN FD INCCOM0.97%$774,00051.1K
30NEUBERGER BERMAN CA INT MUNCOM0.95%$751,00062.0K
31NKENIKE INCCL B0.92%$734,0009.9K
32MXEMEXICO EQUITY & INCOME FDCOM0.88%$696,00069.1K
33MFS CALIF MUN FDCOM0.81%$643,00064.3K
34DRNAUSDDICERNA PHARMACEUTICALS INCCOM0.78%$620,00058.0K
35BLACKROCK NY MUN INCOME TR ICOM0.75%$593,00047.8K
36STEWBOULDER GROWTH & INCOME FD ICOM0.74%$590,00056.6K
37ARVNARVINAS INCCOM0.67%$535,00041.6K
38NUVEEN NEW JERSEY QULT MUN FCOM0.65%$520,00040.8K
39NOCNORTHROP GRUMMAN CORPCOM0.64%$512,0002.1K
40BRK/BBERKSHIRE HATHAWAY INC DELCL B NEW0.59%$471,0002.3K
41ADXADAMS DIVERSIFIED EQUITY FDCOM0.59%$466,00036.9K
42CETCENTRAL SECS CORPCOM0.58%$461,00018.6K
43GDGENERAL DYNAMICS CORPCOM0.55%$435,0002.8K
44ADAMS NAT RES FD INCCOM0.54%$431,00029.6K
45ASCENDIS PHARMA A SSPONSORED ADR0.53%$422,0006.7K
46LMTLOCKHEED MARTIN CORPCOM0.52%$415,0001.6K
47LRCXEURLAM RESEARCH CORPCOM0.51%$404,0003.0K
48ELVANTHEM INCCOM0.51%$403,0001.5K
49WESTERN ASSET EMRG MKT DEBTCOM0.50%$398,00032.4K
50XCAFXMORGAN STANLEY CHINA A SH FDCOM0.50%$398,00021.8K

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 ↗.