SEC 13F Intelligence

Managers / Q2 2019 · view latest →

Matisse Capital

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

Reported Value
$78M
Q2 2019
Positions
97
Filings on Record
32
2019–present window
Filed
Aug 13, 2019
original filing

Summary

Matisse Capital reported $78M in U.S.-listed holdings across 97 positions for Q2 2019.

Its largest position, NXDT, represents 7.1% of the portfolio.

Compared with Q1 2019, the fund opened 8 new positions and exited 8.

Portfolio Metrics

Turnover
+13.7%
vs prior filed quarter
Top-10 Concentration
+42.3%
share of reported value
Largest Position
+7.1%
Nexpoint Strategic Oportunt
New / Exited
8 / 8
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: 37.9%Other: 28.5%Common Stock: 22.5%REIT: 7.1%ETP: 4.0%
  • Closed-End Fund · 37.9% · $30M
  • Other · 28.5% · $22M
  • Common Stock · 22.5% · $18M
  • REIT · 7.1% · $6M
  • ETP · 4.0% · $3M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2019 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
SWZSWISS HELVETIA FD INCNEW+173.1K173.1K+$1M$1M
HIGHLAND INCOME FUNDNEW+55.1K55.1K+$763,000$763,000
TAT&T INCNEW+8.5K8.5K+$286,000$286,000
SWAVUSDSHOCKWAVE MED INCNEW+4.4K4.4K+$249,000$249,000
HERZFELD CARIBBEAN BASIN FDNEW+27.7K27.7K+$176,000$176,000
JOFJAPAN SMALLER CAPTLZTN FD INNEW+15.2K15.2K+$129,000$129,000
CCIFVERTICAL CAP INCOME FUNDNEW+10.3K10.3K+$98,000$98,000
NGNOVAGOLD RES INCNEW+10.0K10.0K+$59,000$59,000

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

Holdings — Q2 2019

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1NXDTNEXPOINT STRATEGIC OPORTUNThistory →COM NEW7.05%$6M292.6K
2RMR REAL ESTATE INCOME FUNDCOM6.41%$5M274.5K
3GDLGDL FUNDhistory →COM SH BEN IT5.42%$4M459.3K
4DIVIDEND & INCOME FUNDCOM NEW5.20%$4M353.9K
5EAGLE GRWTH & INCOME OPPTY FCOM SHS BEN IN4.39%$3M224.4K
6ADAMS NAT RES FD INCCOM3.06%$2M145.2K
7STEWBOULDER GROWTH & INCOME FD Ihistory →COM2.93%$2M204.8K
8GGZGABELLI GLB SML & MD CP VALhistory →COM2.86%$2M193.5K
9MSFTMICROSOFT CORPhistory →COM2.54%$2M14.9K
10USBUS BANCORP DELhistory →COM NEW2.46%$2M36.8K
11SALIENT MIDSTREAM & MLP FDSH BEN INT2.33%$2M212.7K
12HGLBHIGHLAND GLOBAL ALLOCATION Fhistory →COM2.22%$2M155.3K
13CLEARBRIDGE MLP AND MIDSTRMCOM2.18%$2M182.7K
14CETCENTRAL SECS CORPhistory →COM2.18%$2M56.1K
15WAVE LIFE SCIENCES LTDSHS2.02%$2M60.8K
16KAYNE ANDERSON MDSTM ENERGYCOM1.95%$2M131.9K
17AAPLAPPLE INChistory →COM1.82%$1M7.2K
18SWZSWISS HELVETIA FD INChistory →COM1.74%$1M173.1K
19NAZNUVEEN ARIZONA QLTY MUN INChistory →COM1.68%$1M100.9K
20AMZNAMAZON COM INChistory →COM1.52%$1M628
21NEW IRELAND FUND INCCOM1.49%$1M130.4K
22ASCENDIS PHARMA A SSPONSORED ADR1.47%$1M10.0K
23SYNTHORX INCCOM1.21%$946,00070.0K
24ISHARES INCEM MKT SM-CP ETF1.20%$939,00021.2K
25INTCINTEL CORPhistory →COM1.07%$839,00017.5K
26XXGRFXXEAGLE CAP GROWTH FD INChistory →COM1.05%$824,000103.5K
27ASA GOLD AND PRECIOUS MTLS LSHS1.02%$803,00070.2K
28NKENIKE INChistory →CL B1.00%$785,0009.4K
29ARVNARVINAS INChistory →COM1.00%$785,00035.7K
30HIGHLAND INCOME FUNDHIGHLAND INCOME0.97%$763,00055.1K
31VANGUARD WORLD FDSHEALTH CAR ETF0.96%$757,0004.4K
32LMTLOCKHEED MARTIN CORPCOM0.77%$602,0001.7K
33NOCNORTHROP GRUMMAN CORPCOM0.74%$577,0001.8K
34IGRCBRE CLARION GLOBAL REAL ESTCOM0.68%$533,00071.2K
35BROOKFIELD GLOBL LISTED INFRCOM SHS0.68%$532,00041.6K
36GENERAL AMERN INVS INCCOM0.66%$519,00014.6K
37MXEMEXICO EQUITY & INCOME FDCOM0.66%$515,00046.4K
38NUVEEN NEW JERSEY QULT MUN FCOM0.64%$504,00035.7K
39BRK/BBERKSHIRE HATHAWAY INC DELCL B NEW0.63%$491,0002.3K
40ABERDEEN ASIA PACIFIC INCOMCOM0.61%$478,000114.3K
41EVNEATON VANCE MUNI INCOME TRUSSH BEN INT0.60%$472,00037.9K
42GDGENERAL DYNAMICS CORPCOM0.59%$460,0002.5K
43BLACKROCK FLOATING RATE INCOCOM0.56%$443,00035.7K
44EATON VANCE FLTG RATE INCOMCOM SHS BEN INT0.55%$433,00028.9K
45WISDOMTREE TRINTL SMCAP DIV0.53%$417,0006.4K
46ELVANTHEM INCCOM0.52%$408,0001.4K
47ISHARES TRCORE DIV GRWTH0.52%$408,00010.7K
48MEDMEDIFAST INCCOM0.51%$402,0003.1K
49MMM3M COCOM0.49%$387,0002.2K
50VANECK VECTORS ETF TRJP MORGAN MKTS0.48%$380,00010.9K

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 ↗.