SEC 13F Intelligence

Managers / Q4 2021 · view latest →

Matisse Capital

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

Reported Value
$145M
Q4 2021
Positions
137
Filings on Record
32
2019–present window
Filed
Feb 4, 2022
original filing

Summary

Matisse Capital reported $145M in U.S.-listed holdings across 137 positions for Q4 2021.

Its largest position, Alps Etf Tr, represents 9.1% of the portfolio.

Compared with Q3 2021, the fund opened 23 new positions and exited 36.

Portfolio Metrics

Turnover
+25.9%
vs prior filed quarter
Top-10 Concentration
+41.0%
share of reported value
Largest Position
+9.1%
Alps Etf Tr
New / Exited
23 / 36
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
ETP: 33.3%Common Stock: 29.5%Closed-End Fund: 21.2%Other: 13.1%REIT: 2.7%Other: 0.3%
  • ETP · 33.3% · $48M
  • Common Stock · 29.5% · $43M
  • Closed-End Fund · 21.2% · $31M
  • Other · 13.1% · $19M
  • REIT · 2.7% · $4M
  • Other · 0.3% · $402,000

Quarter-over-Quarter Changes full breakdown →

vs Q3 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
ALPS ETF TRNEW+400.0K400.0K+$13M$13M
SPDR S&P 500 ETF TRNEW+11.4K11.4K+$5M$5M
NDQINVESCO QQQ TRNEW+13.4K13.4K+$5M$5M
BLACKROCK INNOVATION AND GRWNEW+150.0K150.0K+$2M$2M
SEVNSEVEN HILLS REALTY TRUSTNEW+204.4K204.4K+$2M$2M
NBXGNEUBERGER BERMAN NEXT GENERANEW+120.0K120.0K+$2M$2M
CLEARBRIDGE MLP AND MIDSTRMNEW+56.5K56.5K+$2M$2M
ACCENTURE PLC IRELANDNEW+3.3K3.3K+$1M$1M

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

Holdings — Q4 2021

48 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1ALPS ETF TRALERIAN MLP · MED BREAKTHGH13.20%$19M542.0K
2ISHARES TRCORE DIV GRWTH5.80%$8M150.9K
3MSFTMICROSOFT CORPhistory →COM4.18%$6M18.0K
4AAPLAPPLE INChistory →COM4.10%$6M33.4K
5SPDR S&P 500 ETF TRTR UNIT3.76%$5M11.4K
6NDQINVESCO QQQ TRhistory →UNIT SER 13.67%$5M13.4K
7ASCENDIS PHARMA A/SSPONSORED ADR2.22%$3M23.8K
8AMZNAMAZON COM INChistory →COM2.12%$3M920
9LRCXEURLAM RESEARCH CORPhistory →COM1.99%$3M4.0K
10CLEARBRIDGE MLP AND MIDSTRMCOM1.57%$2M88.3K
11BLACKROCK INNOVATION AND GRWSHS BEN INT1.51%$2M150.0K
12USBUS BANCORP DELhistory →COM NEW1.47%$2M37.8K
13SEVNSEVEN HILLS REALTY TRUSThistory →COM1.47%$2M204.4K
14NRGXEURPIMCO ENERGY & TACTICAL CR Ohistory →COM SHS BEN INT1.45%$2M163.3K
15NBXGNEUBERGER BERMAN NEXT GENERAhistory →COMMON STOCK1.43%$2M120.0K
16XCAFXMORGAN STANLEY CHINA A SH FDhistory →COM1.39%$2M98.7K
17GOLDMAN SACHS MLP ENERGY RENCOM1.33%$2M186.4K
18GOOGLALPHABET INChistory →CAP STK CL A1.32%$2M658
19NXDTNEXPOINT DIVERSIFIED REL EThistory →COM NEW1.22%$2M129.5K
20TYGTORTOISE ENERGY INFRA CORPhistory →COM1.17%$2M60.7K
21CEECENTRAL & EASTERN EUROPE FDhistory →COM1.08%$2M59.0K
22SWAVUSDSHOCKWAVE MED INChistory →COM1.06%$2M8.6K
23ELVANTHEM INChistory →COM1.05%$2M3.3K
24PERSHING SQUARE TONTINE HLDGCOM CL A0.97%$1M71.5K
25ACCENTURE PLC IRELANDSHS CLASS A0.94%$1M3.3K
26SOFISOFI TECHNOLOGIES INCCOM0.87%$1M79.4K
27NKENIKE INCCL B0.83%$1M7.2K
28ABERDEEN ASIA-PACIFIC INCOMECOM0.83%$1M314.7K
29NEUBERGER BRMAN CLIFRN MUNICOM0.82%$1M85.1K
30MORGAN STANLEY EMERGING MKTSCOM0.80%$1M210.1K
31HDHOME DEPOT INCCOM0.74%$1M2.6K
32MXFMEXICO FD INCCOM0.72%$1M66.3K
33CCIFVERTICAL CAP INCOME FDSHS BEN INT0.70%$1M99.0K
34DELAWARE INVTS MINN MUN INCOCOM0.68%$988,00070.0K
35ANGEL OAK DYNAMIC FINL STRATCOM BEN INT0.67%$968,00047.0K
36ISRGINTUITIVE SURGICAL INCCOM NEW0.65%$942,0002.6K
37ANGEL OAK FINL STRATEGIES INCOM BEN INT0.64%$928,00054.4K
38SHOPSHOPIFY INCCL A0.61%$882,000640
39NUVEEN NEW JERSEY QULT MUN FCOM0.60%$864,00056.1K
40XNBOXNEUBERGER BERMAN N Y MUN FDCOM0.60%$861,00066.2K
41NUVEEN SHORT DURATION CR OPPCOM0.59%$859,00058.0K
42FIDUCIARY CLAYMORE ENGRY INFCOM0.56%$806,00077.8K
43BRANDYWINEGBL GBL INCM OPP FCOM0.55%$796,00068.0K
44MORGAN STANLEY EMKT DBT FD ICOM0.55%$789,00087.6K
45GHYPGIM GLOBAL HIGH YIELD FD FOCOM0.54%$785,00052.0K
46EATON VANCE CALIF MUN INCOMSH BEN INT0.54%$783,00057.8K
47INVESCO PA VALUE MUN INC TRCOM0.54%$780,00055.8K
48APOLLO TACTICAL INCOME FD INCOM0.54%$779,00050.8K

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 ↗.