Managers / Q1 2022 · view latest →
Juniper Hill Capital Management LP
CIK 0001803460 · 1010 EL CAMINO REAL, SUITE 200, MENLO PARK, CA, 94025 · 650.530.0679
Summary
Juniper Hill Capital Management LP reported $347M in U.S.-listed holdings across 8 positions for Q1 2022.
The portfolio is heavily concentrated: SHY alone accounts for 69.5% of reported value.
Compared with Q4 2021, the fund opened 4 new positions and exited 0.
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
- ETP · 99.6% · $345M
- Common Stock · 0.4% · $2M
Quarter-over-Quarter Changes full breakdown →
vs Q4 2021 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| VTVVANGUARD INDEX FDS | NEW | +279.7K | 279.7K | +$41M | $41M |
| VDEVANGUARD WORLD FDS | NEW | +308.9K | 308.9K | +$33M | $33M |
| XLFSELECT SECTOR SPDR TR | NEW | +781.7K | 781.7K | +$30M | $30M |
| COINCOINBASE GLOBAL INC | NEW | +8.0K | 8.0K | +$2M | $2M |
| ACWIISHARES TR | TRIMMED | −283.8K | 624.7K | −$34M | $62M |
| SHYISHARES TR | HELD | +0 | 1.45M | −$3M | $121M |
| AGGISHARES TR | HELD | +0 | 363.5K | −$3M | $39M |
| IEIISHARES TR | HELD | +0 | 153.3K | −$1M | $19M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q1 2022
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | SHYISHARES TR | 1 3 YR TREAS BD · MSCI ACWI ETF · CORE US AGGBD ET · 3 7 YR TREAS BD | 69.46% | $241M | 2.59M |
| 2 | VTVVANGUARD INDEX FDShistory → | VALUE ETF | 11.92% | $41M | 279.7K |
| 3 | VDEVANGUARD WORLD FDShistory → | ENERGY ETF | 9.54% | $33M | 308.9K |
| 4 | XLFSELECT SECTOR SPDR TRhistory → | FINANCIAL | 8.64% | $30M | 781.7K |
| 5 | COINCOINBASE GLOBAL INC | COM CL A | 0.44% | $2M | 8.0K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $0 | 1 | May 15, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $419M | 4 | Feb 3, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $423M | 4 | Oct 23, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $410M | 4 | Aug 6, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $401M | 4 | May 13, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $451M | 6 | Feb 4, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $436M | 6 | Oct 28, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $400M | 5 | Aug 7, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $375M | 4 | May 6, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $362M | 4 | Feb 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $307M | 4 | Nov 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $300M | 4 | Aug 11, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $258M | 5 | May 15, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | $316M | 5 | Feb 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | $193M | 4 | Nov 14, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022 | $228M | 5 | Aug 15, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | $347M | 8 | May 16, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q4 2021 | $281M | 4 | Feb 14, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q3 2021 | $448M | 8 | Nov 15, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q2 2021 | $298M | 8 | Aug 16, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q1 2021 | $329M | 6 | May 17, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q4 2020 | $110M | 3 | Feb 16, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q3 2020 | $318M | 4 | Nov 16, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q2 2020 | $131M | 5 | Aug 14, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q1 2020 | $108M | 2 | May 15, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q4 2019 | $107M | 2 | Feb 14, 2020 | 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 ↗.