SEC 13F Intelligence

Managers / Q4 2019 · view latest →

Matisse Capital

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

Reported Value
$141M
Q4 2019
Positions
166
Filings on Record
32
2019–present window
Filed
Feb 12, 2020
original filing

Summary

Matisse Capital reported $141M in U.S.-listed holdings across 166 positions for Q4 2019.

Its largest position, Blackrock Munihldngs Cali Ql, represents 4.1% of the portfolio.

Compared with Q3 2019, the fund opened 25 new positions and exited 8.

Portfolio Metrics

Turnover
+11.5%
vs prior filed quarter
Top-10 Concentration
+32.3%
share of reported value
Largest Position
+4.1%
Blackrock Munihldngs Cali Ql
New / Exited
25 / 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: 49.6%Other: 28.7%Common Stock: 13.7%ETP: 4.1%REIT: 3.5%Other: 0.4%
  • Closed-End Fund · 49.6% · $70M
  • Other · 28.7% · $40M
  • Common Stock · 13.7% · $19M
  • ETP · 4.1% · $6M
  • REIT · 3.5% · $5M
  • Other · 0.4% · $509,000

Quarter-over-Quarter Changes full breakdown →

vs Q3 2019 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
BLACKROCK MUNIHLDNGS CALI QLNEW+424.2K424.2K+$6M$6M
NUVEEN FLTNG RTE INCM OPP FDNEW+439.3K439.3K+$4M$4M
INVESCO DYNAMIC CR OPP FDNEW+385.7K385.7K+$4M$4M
XMUIXBLACKROCK MUNI INTER DR FD INEW+282.5K282.5K+$4M$4M
MUJBLACKROCK MUNIHLDGS NJ QLTYNEW+246.3K246.3K+$4M$4M
BRANDYWINEGBL GLBAL INM OPRTNEW+218.5K218.5K+$3M$3M
VVRINVESCO SR INCOME TRNEW+636.0K636.0K+$3M$3M
NUVEEN SHT DUR CR OPP FDNEW+167.8K167.8K+$3M$3M

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

Holdings — Q4 2019

49 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1BLACKROCK MUNIHLDNGS CALI QLCOM4.12%$6M416.0K
2SYNTHORX INCCOM3.80%$5M76.7K
3RMR REAL ESTATE INCOME FUNDCOM3.60%$5M251.6K
4NXDTNEXPOINT STRATEGIC OPORTUNThistory →COM NEW3.39%$5M270.1K
5DIVIDEND & INCOME FUNDCOM NEW3.18%$4M333.7K
6NUVEEN FLTNG RTE INCM OPP FDCOM SHS3.11%$4M439.3K
7INVESCO DYNAMIC CR OPP FDCOM3.10%$4M385.7K
8HIGHLAND INCOME FUNDHIGHLAND INCOME3.08%$4M350.1K
9ISHARES TRCORE DIV GRWTH2.78%$4M93.2K
10XMUIXBLACKROCK MUNI INTER DR FD Ihistory →COM2.77%$4M274.4K
11MUJBLACKROCK MUNIHLDGS NJ QLTYhistory →COM2.45%$3M240.8K
12ABERDEEN ASIA PACIFIC INCOMCOM2.08%$3M690.8K
13BRANDYWINEGBL GLBAL INM OPRTCOM1.96%$3M218.5K
14MSFTMICROSOFT CORPhistory →COM1.95%$3M17.5K
15VVRINVESCO SR INCOME TRhistory →COM1.93%$3M636.0K
16CCIFVERTICAL CAP INCOME FUNDhistory →SHS BEN INT1.90%$3M258.0K
17NUVEEN SHT DUR CR OPP FDCOM1.81%$3M167.8K
18AAPLAPPLE INChistory →COM1.55%$2M7.4K
19ASA GOLD AND PRECIOUS MTLS LSHS1.54%$2M159.9K
20USBUS BANCORP DELhistory →COM NEW1.54%$2M36.8K
21GDLGDL FUNDhistory →COM SH BEN IT1.54%$2M233.7K
22WIWWESTERN AST INFL LKD OPP & Ihistory →COM1.50%$2M183.4K
23IIFMORGAN STANLEY INDIA INVS FDhistory →COM1.45%$2M102.8K
24GGZGABELLI GLB SML & MD CP VALhistory →COM1.44%$2M172.0K
25TEITEMPLETON EMERG MKTS INCOMEhistory →COM1.41%$2M216.9K
26EATON VANCE FLTING RATE INCCOM1.40%$2M143.9K
27HGLBHIGHLAND GLOBAL ALLOCATION Fhistory →COM1.33%$2M201.4K
28SALIENT MIDSTREAM & MLP FDSH BEN INT1.26%$2M228.3K
29STEWBOULDER GROWTH & INCOME FD Ihistory →COM1.21%$2M144.8K
30RIVERNORTH MARKETPLACE LENDICOM1.15%$2M89.0K
31VOYA NAT RES EQUITY INCOME FCOM1.14%$2M391.0K
32KAYNE ANDERSON MDSTM ENERGYCOM1.14%$2M153.0K
33ASCENDIS PHARMA A SSPONSORED ADR1.08%$2M11.0K
34VLTINVESCO HIGH INCOME TR IIhistory →COM1.08%$2M106.7K
35APOLLO SR FLOATING RATE FD ICOM1.06%$2M99.2K
36ARES DYNAMIC CR ALLOCATION FCOM1.05%$1M96.7K
37NEW IRELAND FUND INCCOM1.01%$1M144.2K
38MXEMEXICO EQUITY & INCOME FDCOM0.95%$1M115.9K
39HIXWESTERN ASSET HIGH INCM FD ICOM0.86%$1M180.3K
40AMZNAMAZON COM INCCOM0.85%$1M647
41XJEQXABERDEEN JAPAN EQUITY FD INCCOM0.81%$1M147.8K
42SWZSWISS HELVETIA FD INCCOM0.77%$1M129.3K
43THL CR SR LN FDCOM0.74%$1M69.2K
44RGTROYCE GLOBAL VALUE TR INCCOM0.73%$1M88.7K
45ISHARES INCEM MKT SM-CP ETF0.69%$976,00021.6K
46TORTOISE ENERGY INDEPENDENCCOM0.68%$960,000221.4K
47TWNTAIWAN FD INCCOM0.67%$943,00045.8K
48INTCINTEL CORPCOM0.62%$877,00014.6K
49NKENIKE INCCL B0.60%$851,0008.4K

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 ↗

Other Included Managers

This filing reports holdings on behalf of 2 additional managers.

  • CITY NATIONAL ROCHDALE, LLC028-05392
  • Round Table Services, LLC028-12173

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 ↗.