SEC 13F Intelligence

Managers / Q1 2022 · view latest →

Matisse Capital

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

Reported Value
$109M
Q1 2022
Positions
123
Filings on Record
32
2019–present window
Filed
Apr 12, 2022
original filing

Summary

Matisse Capital reported $109M in U.S.-listed holdings across 123 positions for Q1 2022.

Its largest position, Ishares Tr, represents 7.9% of the portfolio.

Compared with Q4 2021, the fund opened 20 new positions and exited 34.

Portfolio Metrics

Turnover
+14.4%
vs prior filed quarter
Top-10 Concentration
+35.0%
share of reported value
Largest Position
+7.9%
Ishares Tr
New / Exited
20 / 34
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
Common Stock: 37.8%Closed-End Fund: 30.1%Other: 15.2%ETP: 14.7%REIT: 1.9%Other: 0.3%
  • Common Stock · 37.8% · $41M
  • Closed-End Fund · 30.1% · $33M
  • Other · 15.2% · $17M
  • ETP · 14.7% · $16M
  • REIT · 1.9% · $2M
  • Other · 0.3% · $379,000

Quarter-over-Quarter Changes full breakdown →

vs Q4 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
WESTERN ASSET EMERGING MKTSNEW+241.3K241.3K+$3M$3M
EATON VANCE CALIF MUN BD FDNEW+99.0K99.0K+$994,000$994,000
XENWXEATON VANCE NEW YORK MUN BDNEW+91.0K91.0K+$953,000$953,000
NUVEEN NEW YORK AMT QLT MUNINEW+69.9K69.9K+$849,000$849,000
PIONEER MUN HIGH INCOME TRNEW+48.3K48.3K+$507,000$507,000
MFS MUN INCOME TRNEW+74.0K74.0K+$453,000$453,000
WESTERN ASSET MUN PARTNERS FNEW+31.4K31.4K+$423,000$423,000
XCXHXMFS INVT GRADE MUN TRNEW+42.3K42.3K+$361,000$361,000

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

Holdings — Q1 2022

49 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1ISHARES TRCORE DIV GRWTH7.89%$9M160.7K
2AAPLAPPLE INChistory →COM5.59%$6M34.8K
3MSFTMICROSOFT CORPhistory →COM5.00%$5M17.6K
4CLEARBRIDGE MLP AND MIDSTRMCOM3.14%$3M108.0K
5AMZNAMAZON COM INChistory →COM2.86%$3M955
6ASCENDIS PHARMA A/SSPONSORED ADR2.68%$3M24.8K
7WESTERN ASSET EMERGING MKTSCOM2.38%$3M241.3K
8NRGXEURPIMCO ENRGY TACTICAL CR OPPhistory →COM SHS BEN INT2.21%$2M162.0K
9SWAVUSDSHOCKWAVE MED INChistory →COM2.16%$2M11.3K
10ALPS ETF TRMED BREAKTHGH2.13%$2M68.8K
11GOLDMAN SACHS MLP ENERGY RENCOM2.07%$2M186.4K
12LRCXEURLAM RESEARCH CORPhistory →COM2.05%$2M4.1K
13NXDTNEXPOINT STRATEGIC OPPORTEShistory →COM NEW1.89%$2M129.5K
14USBUS BANCORP DELhistory →COM NEW1.85%$2M37.8K
15PERSHING SQUARE TONTINE HLDGCOM CL A1.83%$2M100.0K
16ELVANTHEM INChistory →COM1.64%$2M3.6K
17GOOGLALPHABET INChistory →CAP STK CL A1.64%$2M639
18BLACKROCK INNOVATION AND GRWSHS BEN INT1.57%$2M150.0K
19XCAFXMORGAN STANLEY CHINA A SH FDhistory →COM1.48%$2M98.2K
20KYNEURKAYNE ANDERSON ENERGY INFRSThistory →COM1.41%$2M166.5K
21ABERDEEN ASIA-PACIFIC INCOMECOM1.10%$1M354.7K
22MORGAN STANLEY EMERGING MKTSCOM1.09%$1M237.1K
23ACCENTURE PLC IRELANDSHS CLASS A1.02%$1M3.3K
24MXFMEXICO FD INChistory →COM1.01%$1M66.3K
25NUVEEN NEW JERSEY QULT MUN FCOM1.00%$1M81.2K
26NEUBERGER BRMAN CLIFRN MUNICOM0.93%$1M83.0K
27EATON VANCE CALIF MUN BD FDCOM0.91%$994,00099.0K
28NUVEEN OHIO QLTY MUN INCOMECOM0.90%$982,00070.8K
29NKENIKE INCCL B0.89%$971,0007.2K
30CCIFVERTICAL CAP INCOME FDSHS BEN INT0.88%$958,00095.8K
31TYGTORTOISE ENERGY INFRA CORPCOM0.88%$954,00027.6K
32XENWXEATON VANCE NEW YORK MUN BDCOM0.88%$953,00091.0K
33BRANDYWINEGBL GBL INCM OPP FCOM0.87%$946,00093.5K
34ISRGINTUITIVE SURGICAL INCCOM NEW0.87%$942,0003.1K
35EATON VANCE CALIF MUN INCOMSH BEN INT0.85%$921,00080.2K
36MORGAN STANLEY EMER MKTS DEBCOM0.83%$900,000115.6K
37BLACKROCK CALIF MUN INCOME TSH BEN INT0.83%$897,00073.0K
38EMOCLEARBRIDGE ENERGY MIDSTRM OCOM0.81%$877,00031.1K
39NUVEEN NEW YORK AMT QLT MUNICOM0.78%$849,00069.9K
40HDHOME DEPOT INCCOM0.73%$797,0002.7K
41ANGEL OAK DYNAMIC FINL STRATCOM BEN INT0.73%$797,00043.1K
42BRK/BBERKSHIRE HATHAWAY INC DELCL B NEW0.72%$778,0002.2K
43COSTCOSTCO WHSL CORP NEWCOM0.71%$776,0001.3K
44XNBOXNEUBERGER BRMAN NY MUNI FD ICOM0.71%$774,00066.7K
45VPUVANGUARD WORLD FDSUTILITIES ETF0.66%$712,0004.4K
46GHYPGIM GLOBAL HIGH YIELD FD FOCOM0.64%$695,00052.0K
47SHOPSHOPIFY INCCL A0.62%$669,000990
48INVESCO PA VALUE MUN INC TRCOM0.60%$652,00055.8K
49DTFDTF TAX-FREE INCOME INCCOM0.56%$608,00046.8K

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 ↗.