SEC 13F Intelligence

Managers / Q4 2021 · view latest →

Full18 Capital LLC

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

Reported Value
$236M
Q4 2021
Positions
101
Filings on Record
6
2019–present window
Filed
Feb 7, 2022
original filing

Summary

Full18 Capital LLC reported $236M in U.S.-listed holdings across 101 positions for Q4 2021.

Its largest position, KKR, represents 5.0% of the portfolio.

Compared with Q3 2021, the fund opened 26 new positions and exited 27.

Portfolio Metrics

Turnover
+30.7%
vs prior filed quarter
Top-10 Concentration
+31.0%
share of reported value
Largest Position
+5.0%
Kkr
New / Exited
26 / 27
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: 82.5%REIT: 9.1%Other: 8.4%Ltd Part: 0.0%
  • Common Stock · 82.5% · $195M
  • REIT · 9.1% · $21M
  • Other · 8.4% · $20M
  • Ltd Part · 0.0% · $0

Quarter-over-Quarter Changes full breakdown →

vs Q3 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
BNYBANK NEW YORK MELLON CORPNEW+138.3K138.3K+$8M$8M
NUVEI CORPORATIONNEW+52.5K52.5K+$6M$6M
GSGOLDMAN SACHS GROUP INCNEW+14.3K14.3K+$6M$6M
OMFONEMAIN HLDGS INCNEW+96.8K96.8K+$5M$5M
ACGLARCH CAP GROUP LTDNEW+81.2K81.2K+$3M$3M
FNFFIDELITY NATIONAL FINANCIALNEW+52.0K52.0K+$2M$2M
FHIFEDERATED HERMES INCNEW+64.6K64.6K+$2M$2M
VOYAVOYA FINANCIAL INCNEW+29.7K29.7K+$2M$2M

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

Holdings — Q4 2021

101 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1KKRKKR & CO INChistory →COM4.96%$12M146.9K
2CGCARLYLE GROUP INChistory →COM4.80%$11M202.0K
3BNYBANK NEW YORK MELLON CORPhistory →COM3.47%$8M138.3K
4IVZINVESCO LTDhistory →SHS2.71%$6M251.4K
5NUVEI CORPORATIONSUB VTG SHS2.67%$6M52.5K
6EVREVERCORE INChistory →CLASS A2.61%$6M40.6K
7GSGOLDMAN SACHS GROUP INChistory →COM2.50%$6M14.3K
8EQHEQUITABLE HLDGS INChistory →COM2.49%$6M175.4K
9CI FINL CORPCOM2.46%$6M254.9K
10SFSTIFEL FINL CORPhistory →COM2.33%$6M75.5K
11AMPAMERIPRISE FINL INChistory →COM2.24%$5M17.5K
12OMFONEMAIN HLDGS INChistory →COM2.16%$5M96.8K
13KRGKITE RLTY GROUP TRhistory →COM NEW2.12%$5M247.1K
14VRTSVIRTUS INVT PARTNERS INChistory →COM2.08%$5M15.3K
15GPNGLOBAL PMTS INChistory →COM1.96%$5M32.4K
16CNNECANNAE HLDGS INChistory →COM1.93%$5M133.7K
17FOURSHIFT4 PMTS INChistory →CL A1.83%$4M68.4K
18NTRSNORTHERN TR CORPhistory →COM1.73%$4M33.2K
19CBOECBOE GLOBAL MKTS INChistory →COM1.64%$4M29.3K
20SPGSIMON PPTY GROUP INC NEWhistory →COM1.56%$4M25.1K
21ACGLARCH CAP GROUP LTDhistory →ORD1.44%$3M81.2K
22UEURBAN EDGE PPTYShistory →COM1.41%$3M189.3K
23MCBMETROPOLITAN BK HLDG CORPhistory →COM1.37%$3M35.6K
24LPROOPEN LENDING CORPhistory →COM CL A1.36%$3M101.9K
25PATRIA INVESTMENTS LIMITEDCOM CL A1.31%$3M179.9K
26TASKTASKUS INChistory →CLASS A COM1.23%$3M50.0K
27AIGAMERICAN INTL GROUP INChistory →COM NEW1.16%$3M46.2K
28BPOPPOPULAR INChistory →COM NEW1.15%$3M33.4K
29ALLYALLY FINL INChistory →COM1.08%$3M53.2K
30IBOCINTERNATIONAL BANCSHARES CORhistory →COM1.07%$3M59.4K
31STCSTEWART INFORMATION SVCS CORhistory →COM1.07%$3M35.3K
32AJGGALLAGHER ARTHUR J & COhistory →COM1.06%$3M14.9K
33SCULPTOR CAP MGMTCOM CL A1.06%$3M94.3K
34VYXNCR CORP NEWhistory →COM1.06%$2M63.1K
35FBPFIRST BANCORP P Rhistory →COM NEW1.06%$2M182.9K
36FNFFIDELITY NATIONAL FINANCIALhistory →FNF GROUP COM1.05%$2M52.0K
37PWPPERELLA WEINBERG PARTNERSCLASS A COM0.99%$2M167.1K
38IIIVI3 VERTICALS INCCOM CL A0.96%$2M100.9K
39HWCHANCOCK WHITNEY CORPORATIONCOM0.95%$2M45.2K
40FHIFEDERATED HERMES INCCL B0.91%$2M64.6K
41VOYAVOYA FINANCIAL INCCOM0.88%$2M29.7K
42BILLBILL COM HLDGS INCCOM0.86%$2M6.9K
43EVERI HLDGS INCCOM0.83%$2M81.9K
44BWINBRP GROUP INCCOM CL A0.82%$2M52.7K
45KEYKEYCORPCOM0.80%$2M81.5K
46FAFFIRST AMERN FINL CORPCOM0.80%$2M25.7K
47HEALTHCARE TR AMER INCCL A NEW0.80%$2M56.3K
48EFXEQUIFAX INCCOM0.78%$2M6.6K
49ORIOLD REP INTL CORPCOM0.75%$2M68.4K
50PACWEST BANCORP DELCOM0.74%$2M36.9K
51LSPDLIGHTSPEED COMMERCE INCSUB VTG SHS0.73%$2M17.7K
52PEBPEBBLEBROOK HOTEL TRCOM0.73%$2M76.2K
53COWEN INCCL A NEW0.71%$2M44.2K
54CBCHUBB LIMITEDCOM0.66%$2M8.0K
55RITMNEW RESIDENTIAL INVT CORPCOM NEW0.65%$2M135.9K
56ADPAUTOMATIC DATA PROCESSING INCOM0.65%$2M6.9K
57XYZBLOCK INCCL A0.63%$1M5.8K
58WALWESTERN ALLIANCE BANCORPCOM0.61%$1M12.4K
59THOUGHTWORKS HOLDING INCCOM0.59%$1M48.4K
60FSBCFIVE STAR BANCORPCOM0.56%$1M48.6K
61BFHALLIANCE DATA SYSTEMS CORPCOM0.55%$1M15.2K
62NMRKNEWMARK GROUP INCCL A0.53%$1M84.8K
63AERAERCAP HOLDINGS NVSHS0.51%$1M20.4K
64QNSTQUINSTREET INCCOM0.50%$1M84.2K
65WRBBERKLEY W R CORPCOM0.50%$1M14.7K
66HCIHCI GROUP INCCOM0.49%$1M8.7K
67HIGHARTFORD FINL SVCS GROUP INCCOM0.48%$1M15.5K
68PAYCOR HCM INCCOM0.48%$1M34.6K
69DLOCAL LTDCLASS A COM0.46%$1M22.2K
70AAMIBRIGHTSPHERE INVT GROUP INCCOM0.45%$1M35.6K
71NCINO INCCOM0.45%$1M14.5K
72ADCAGREE RLTY CORPCOM0.44%$1M14.7K
73CANTALOUPE INCCOM0.40%$956,00076.5K
74RNRRENAISSANCERE HLDGS LTDCOM0.39%$918,0006.5K
75GLOBAL E ONLINE LTDSHS0.36%$847,00014.6K
76MBIMBIA INCCOM0.36%$846,00054.4K
77NAVINAVIENT CORPORATIONCOM0.35%$820,00041.6K
78WELLWELLTOWER INCCOM0.34%$794,0009.9K
79TRUPTRUPANION INCCOM0.33%$787,0007.7K
80CUZCOUSINS PPTYS INCCOM NEW0.30%$713,00018.0K
81PECOPHILLIPS EDISON & CO INCCOMMON STOCK0.29%$692,00023.0K
82CYRUSONE INCCOM0.27%$646,0007.9K
83ARGO GROUP INTL HLDGS LTDCOM0.27%$644,00011.7K
84INTL GNRL INSURANCE HLDNGS LSHS0.27%$641,00075.3K
85REKRREKOR SYSTEMS INCCOM0.26%$625,00046.0K
86VCTRVICTORY CAP HLDGS INCCOM CL A0.26%$604,00015.9K
87JAMES RIV GROUP LTDCOM0.25%$600,00018.8K
88MVBFMVB FINL CORPCOM0.24%$567,00013.3K
89TREAN INS GROUP INCCOM0.21%$505,00053.7K
90GDOTGREEN DOT CORPCL A0.20%$479,00011.3K
91MPTMEDICAL PPTYS TRUST INCCOM0.17%$398,00018.7K
92NEW YORK CMNTY BANCORP INCCOM0.16%$385,00030.9K
93FLAGSTAR BANCORP INCCOM PAR .0010.15%$350,0007.4K
94OPENOPENDOOR TECHNOLOGIES INCCOM0.14%$339,00014.3K
95MPBMID PENN BANCORP INCCOM0.13%$301,00010.7K
96CARDLYTICS INCCOM0.13%$297,0003.8K
97CURO GROUP HOLDINGS CORPCOM0.12%$290,00016.9K
98FLUSHING FINL CORPCOM0.10%$237,0009.9K
99ALITALIGHT INCCOM CL A0.09%$216,00019.9K
100ENJOY TECHNOLOGY INC*W EXP 12/01/2020.05%$110,00075.7K

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 ↗.