Managers / Q2 2020 · view latest →
Tibra Equities Europe Ltd
CIK 0001729684 · LEVEL 11, 5 ALDERMANBURY SQUARE, LONDON, X0, EC2V 7HR · 00442031009000
Summary
Tibra Equities Europe Ltd reported $29M in U.S.-listed holdings across 7 positions for Q2 2020.
The portfolio is heavily concentrated: Tiffany alone accounts for 30.5% of reported value.
Compared with Q1 2020, the fund opened 7 new positions and exited 2.
Portfolio Metrics
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, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.
Reported Value by Quarter
Portfolio Composition
- Common Stock · 68.9% · $20M
- Other · 27.0% · $8M
- ETP · 4.1% · $1M
Quarter-over-Quarter Changes full breakdown →
vs Q1 2020 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| Tiffany & Co | NEW | +72.3K | 72.3K | +$9M | $9M |
| Willis Towers Watson PLC | NEW | +39.7K | 39.7K | +$8M | $8M |
| BWABorgWarner Inc | NEW | +163.1K | 163.1K | +$6M | $6M |
| AMTTD Ameritrade Holding Corp | NEW | +101.3K | 101.3K | +$4M | $4M |
| MSMorgan Stanley | NEW | +34.6K | 34.6K | +$2M | $2M |
| KBESPDR S&P Bank ETF | NEW | +19.7K | 19.7K | +$622,000 | $622,000 |
| XLBMaterials Select Sector SPDR F | NEW | +10.1K | 10.1K | +$569,000 | $569,000 |
| Allergan PLC | SOLD OUT | −18.6K | 0 | −$3M | $0 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q2 2020
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | Tiffany & Co | TIFFANY & CO | 30.47% | $9M | 72.3K |
| 2 | Willis Towers Watson PLC | WILLIS TOWERS WA | 27.01% | $8M | 39.7K |
| 3 | BWABorgWarner Inchistory → | BORGWARNER INC | 19.89% | $6M | 163.1K |
| 4 | AMTTD Ameritrade Holding Corphistory → | TD AMERITRADE HO | 12.73% | $4M | 101.3K |
| 5 | MSMorgan Stanleyhistory → | MORGAN STANLEY | 5.78% | $2M | 34.6K |
| 6 | KBESPDR S&P Bank ETFhistory → | SPDR S&P BANK ET | 2.15% | $622,000 | 19.7K |
| 7 | XLBMaterials Select Sector SPDR Fhistory → | SPDR-MATERIALS | 1.97% | $569,000 | 10.1K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2022 | $90M | 31 | May 16, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q4 2021 | $111M | 14 | Feb 14, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q3 2021 | $65M | 37 | Nov 15, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q2 2021 | $324M | 241 | Aug 16, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q1 2021 | $327M | 17 | May 17, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q4 2020 | $978M | 147 | Feb 12, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q3 2020 | $475M | 165 | Nov 13, 2020 | RESTATEMENT | changes · EDGAR ↗ |
| Q2 2020 | $29M | 7 | Aug 14, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q1 2020 | Under review | 2 | May 15, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q4 2019 | $719M | 186 | Feb 14, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q3 2019 | $811M | 211 | Nov 4, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q2 2019 | $1.4B | 229 | Aug 1, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q1 2019 | $1.0B | 374 | Apr 4, 2019 | 13F-HR | changes · 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 ↗.