SEC 13F Intelligence

Managers / Q2 2021 · view latest →

Full18 Capital LLC

CIK 0001797673 · 8 WRIGHT STREET, SUITE 107, WESTPORT, CT, 06880 · 646-561-9869

Reported Value
$240M
Q2 2021
Positions
101
Filings on Record
6
2019–present window
Filed
Aug 9, 2021
original filing

Summary

Full18 Capital LLC reported $240M in U.S.-listed holdings across 101 positions for Q2 2021.

Its largest position, KKR, represents 5.1% of the portfolio.

Compared with Q1 2021, the fund opened 63 new positions and exited 54.

Portfolio Metrics

Turnover
+52.1%
vs prior filed quarter
Top-10 Concentration
+32.9%
share of reported value
Largest Position
+5.1%
Kkr
New / Exited
63 / 54
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, 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

13F Reported Value
Q4 ’20: $228MQ4 ’20Q1 ’21: $205MQ1 ’21Q2 ’21: $240MQ2 ’21Q3 ’21: $248MQ3 ’21Q4 ’21: $236MQ4 ’21Q1 ’22: $434MQ1 ’22filingsflow.com

Portfolio Composition

By security type
Common Stock: 88.9%Other: 5.9%REIT: 5.2%
  • Common Stock · 88.9% · $214M
  • Other · 5.9% · $14M
  • REIT · 5.2% · $13M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
EVREVERCORE INCNEW+69.0K69.0K+$10M$10M
STTSTATE STR CORPNEW+80.4K80.4K+$7M$7M
KEYKEYCORPNEW+300.1K300.1K+$6M$6M
AIZASSURANT INCNEW+29.3K29.3K+$5M$5M
BNYBANK NEW YORK MELLON CORPNEW+83.9K83.9K+$4M$4M
XYZSQUARE INCNEW+16.1K16.1K+$4M$4M
WEXWEX INCNEW+19.9K19.9K+$4M$4M
DISCOVER FINL SVCSNEW+32.4K32.4K+$4M$4M

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

Holdings — Q2 2021

98 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1KKRKKR & CO INChistory →COM5.08%$12M206.2K
2EVREVERCORE INChistory →CLASS A4.04%$10M69.0K
3GPNGLOBAL PMTS INChistory →COM3.85%$9M49.3K
4IVZINVESCO LTDhistory →SHS3.64%$9M327.6K
5VYXNCR CORP NEWhistory →COM3.41%$8M179.9K
6AFGAMERICAN FINL GROUP INC OHIOhistory →COM3.05%$7M58.7K
7STTSTATE STR CORPhistory →COM2.75%$7M80.4K
8KEYKEYCORPhistory →COM2.58%$6M300.1K
9MSMORGAN STANLEYhistory →COM NEW2.29%$6M60.1K
10VRTSVIRTUS INVT PARTNERS INChistory →COM2.19%$5M18.9K
11BPOPPOPULAR INChistory →COM NEW1.92%$5M61.6K
12AIZASSURANT INChistory →COM1.90%$5M29.3K
13RPAYREPAY HLDGS CORPhistory →COM CL A1.86%$4M186.4K
14BNYBANK NEW YORK MELLON CORPhistory →COM1.79%$4M83.9K
15NDAQNASDAQ INChistory →COM1.79%$4M24.4K
16COFCAPITAL ONE FINL CORPhistory →COM1.77%$4M27.5K
17FHNFIRST HORIZON CORPORATIONhistory →COM1.71%$4M238.3K
18STCSTEWART INFORMATION SVCS CORhistory →COM1.71%$4M72.4K
19EQHEQUITABLE HLDGS INChistory →COM1.68%$4M132.9K
20XYZSQUARE INChistory →CL A1.63%$4M16.1K
21WEXWEX INChistory →COM1.60%$4M19.9K
22DISCOVER FINL SVCSCOM1.59%$4M32.4K
23PAGSPAGSEGURO DIGITAL LTDhistory →COM CL A1.51%$4M64.7K
24FHIFEDERATED HERMES INChistory →CL B1.47%$4M104.0K
25CNNECANNAE HLDGS INChistory →COM1.47%$4M103.8K
26USBUS BANCORP DELhistory →COM NEW1.37%$3M57.7K
27CI FINL CORPCOM1.33%$3M174.1K
28SCULPTOR CAP MGMTCOM CL A1.31%$3M128.0K
29BWINBRP GROUP INChistory →COM CL A1.29%$3M116.5K
30UEURBAN EDGE PPTYShistory →COM1.28%$3M161.5K
31THOMSON REUTERS CORP.COM NEW1.26%$3M30.5K
32MRSHMARSH & MCLENNAN COS INChistory →COM1.24%$3M21.2K
33AMPAMERIPRISE FINL INChistory →COM1.23%$3M11.9K
34OMFONEMAIN HLDGS INChistory →COM1.14%$3M45.6K
35AERAERCAP HOLDINGS NVhistory →SHS1.09%$3M51.2K
36PWPPERELLA WEINBERG PARTNERShistory →CLASS A COM1.04%$2M194.1K
37IBOCINTERNATIONAL BANCSHARES CORhistory →COM1.02%$2M56.8K
38FBPFIRST BANCORP P RCOM NEW0.98%$2M198.1K
39TREELENDINGTREE INC NEWCOM0.98%$2M11.1K
40VCTRVICTORY CAP HLDGS INCCOM CL A0.96%$2M71.3K
41PATRIA INVESTMENTS LIMITEDCOM CL A0.93%$2M126.4K
42SPGSIMON PPTY GROUP INC NEWCOM0.93%$2M17.1K
43FRFIRST INDL RLTY TR INCCOM0.91%$2M41.8K
44QNSTQUINSTREET INCCOM0.90%$2M116.3K
45SBNYSIGNATURE BK NEW YORK N YCOM0.87%$2M8.5K
46AAMIBRIGHTSPHERE INVT GROUP INCCOM0.87%$2M88.8K
47PAYOPAYONEER GLOBAL INCCOM · *W EXP 06/25/2020.84%$2M255.9K
48FOCUS FINL PARTNERS INCCOM CL A0.82%$2M40.5K
49BKUBANKUNITED INCCOM0.81%$2M45.4K
50COWEN INCCL A NEW0.75%$2M43.8K
51CARDLYTICS INCCOM0.72%$2M13.5K
52MGPMGM GROWTH PPTYS LLCCL A COM0.70%$2M45.9K
53IIPRINNOVATIVE INDL PPTYS INCCOM0.69%$2M8.6K
54SIGISELECTIVE INS GROUP INCCOM0.62%$1M18.3K
55HCIHCI GROUP INCCOM0.59%$1M14.2K
56THGHANOVER INS GROUP INCCOM0.55%$1M9.7K
57FSBCFIVE STAR BANCORPCOM0.49%$1M48.6K
58MCBMETROPOLITAN BK HLDG CORPCOM0.47%$1M18.8K
59PEBPEBBLEBROOK HOTEL TRCOM0.47%$1M47.8K
60LNCLINCOLN NATL CORP INDCOM0.45%$1M17.3K
61NMRKNEWMARK GROUP INCCL A0.43%$1M86.6K
62ORIOLD REP INTL CORPCOM0.43%$1M41.7K
63UPSTUPSTART HLDGS INCCOM0.42%$1M8.1K
64BILLBILL COM HLDGS INCCOM0.42%$1M5.5K
65WFCWELLS FARGO CO NEWCOM0.42%$1M22.2K
66WPFFOLEY TRASIMENE ACQUISTN CORCOM CL A · *W EXP 05/26/2020.40%$967,000280.2K
67SCSANTANDER CONSUMER USA HLDGSCOM0.38%$917,00025.2K
68TREAN INS GROUP INCCOM0.37%$882,00058.5K
69MBIMBIA INCCOM0.36%$877,00079.7K
70SSENTINELONE INCCL A0.36%$859,00020.2K
71CSGPCOSTAR GROUP INCCOM0.36%$854,00010.3K
72MOTIVE CAPITAL CORPSHS CL A0.34%$817,00083.7K
73SOFISOFI TECHNOLOGIES INCCOM0.33%$792,00041.3K
74MQMARQETA INCCLASS A COM0.31%$757,00027.0K
75SICPSILVERGATE CAP CORPCL A0.31%$746,0006.6K
76COINCOINBASE GLOBAL INCCOM CL A0.31%$740,0002.9K
77INTL GNRL INSURANCE HLDNGS LSHS0.29%$700,00075.3K
78OWLBLUE OWL CAPITAL INCCOM CL A0.29%$700,00054.3K
79REKRREKOR SYSTEMS INCCOM0.27%$648,00063.8K
80SPIRIT RLTY CAP INC NEWCOM NEW0.25%$608,00012.7K
81CROWN PROPTECH ACQUISITIONSUNIT 99/99/99990.25%$606,00061.1K
82MVBFMVB FINL CORPCOM0.24%$567,00013.3K
83CANTALOUPE INCCOM0.23%$562,00047.4K
84STATE AUTO FINL CORPCOM0.23%$554,00032.4K
85LZLEGALZOOM COM INCCOM0.22%$537,00014.2K
86PAYSAFE LIMITEDORD · *W EXP 03/30/2020.22%$527,00050.7K
87AUSTERLITZ ACQUISITION CORPUNIT 99/99/99990.21%$504,00050.0K
88GCMGGCM GROSVENOR INCCOM CL A0.21%$504,00048.4K
89ECPGENCORE CAP GROUP INCCOM0.16%$388,0008.2K
90MPBMID PENN BANCORP INCCOM0.15%$365,00013.3K
91FBKFB FINL CORPCOM0.15%$350,0009.4K
92FLUSHING FINL CORPCOM0.13%$304,00014.2K
93CXMSPRINKLR INCCL A0.11%$255,00012.4K
94THUNDER BRIDGE CAP PRTNRS IIUNIT 02/15/20280.08%$200,00020.0K
95VPC IMPACT ACQUISITION HLDNG*W EXP 10/22/2020.06%$145,00084.2K
96LSAKNET 1 UEPS TECHNOLOGIES INCCOM NEW0.06%$141,00030.0K
97ALTIMAR ACQUISITION CORP IIUNIT 99/99/99990.04%$100,00010.0K
98CC NEUBERGER PRIN HLDGS II*W EXP 07/29/2020.02%$48,00035.6K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2022$434M158Apr 29, 202213F-HRchanges · EDGAR ↗
Q4 2021$236M101Feb 7, 202213F-HRchanges · EDGAR ↗
Q3 2021$248M102Nov 12, 202113F-HRchanges · EDGAR ↗
Q2 2021$240M101Aug 9, 202113F-HRchanges · EDGAR ↗
Q1 2021$205M92May 12, 202113F-HRchanges · EDGAR ↗
Q4 2020$228M87Feb 9, 202113F-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 ↗.