Managers / Q1 2022 · view latest →
Watchtower Advisors, LP
CIK 0001807092 · 1700 EAST PUTNAM AVENUE, SUITE 209, OLD GREENWICH, CT, 06870 · 203-413-8793
Summary
Watchtower Advisors, LP reported $200M in U.S.-listed holdings across 14 positions for Q1 2022.
The portfolio is heavily concentrated: NDQ alone accounts for 22.5% of reported value.
Compared with Q4 2021, the fund opened 4 new positions and exited 8.
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. 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 · 44.8% · $90M
- Common Stock · 42.3% · $85M
- Other · 12.9% · $26M
Quarter-over-Quarter Changes full breakdown →
vs Q4 2021 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| NDQINVESCO QQQ TR | NEW | +124.0K | 124.0K | +$45M | $45M |
| ISHARES TR | NEW | +217.3K | 217.3K | +$45M | $45M |
| CANADIAN PAC RY LTD | NEW | +80.0K | 80.0K | +$7M | $7M |
| CVSCVS HEALTH CORP | NEW | +38.4K | 38.4K | +$4M | $4M |
| NVRNVR INC | SOLD OUT | −1.7K | 0 | −$10M | $0 |
| PFSIPENNYMAC FINL SVCS INC NEW | SOLD OUT | −130.5K | 0 | −$9M | $0 |
| YELLOW CORP | SOLD OUT | −319.1K | 0 | −$4M | $0 |
| PRPLPURPLE INNOVATION INC | SOLD OUT | −284.5K | 0 | −$4M | $0 |
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 | NDQINVESCO QQQ TRhistory → | UNIT SER 1 | 22.48% | $45M | 124.0K |
| 2 | ISHARES TR | RUSSELL 2000 ETF | 22.30% | $45M | 217.3K |
| 3 | CCKCROWN HLDGS INChistory → | COM | 12.24% | $24M | 195.8K |
| 4 | ARCH CAP GROUP LTD | ORD | 9.60% | $19M | 396.4K |
| 5 | TDYTELEDYNE TECHNOLOGIES INChistory → | COM | 9.29% | $19M | 39.3K |
| 6 | LWLAMB WESTON HLDGS INChistory → | COM | 5.01% | $10M | 167.3K |
| 7 | HGVHILTON GRAND VACATIONS INChistory → | COM | 3.99% | $8M | 153.5K |
| 8 | CANADIAN PAC RY LTD | COM | 3.30% | $7M | 80.0K |
| 9 | JXNJACKSON FINANCIAL INChistory → | COM CL A | 2.91% | $6M | 131.7K |
| 10 | SLVMSYLVAMO CORPhistory → | COMMON STOCK | 2.43% | $5M | 146.3K |
| 11 | CVSCVS HEALTH CORPhistory → | COM | 1.94% | $4M | 38.4K |
| 12 | AMGAFFILIATED MANAGERS GROUP INhistory → | COM | 1.75% | $3M | 24.8K |
| 13 | BROBROWN & BROWN INChistory → | COM | 1.72% | $3M | 47.5K |
| 14 | MMACYS INChistory → | COM | 1.02% | $2M | 84.1K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $141M | 12 | May 14, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $166M | 11 | Feb 13, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $214M | 16 | Nov 13, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $169M | 18 | Aug 13, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $138M | 15 | May 12, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $177M | 14 | Feb 13, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $216M | 15 | Nov 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $155M | 11 | Aug 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $180M | 13 | May 15, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $149M | 13 | Feb 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $101M | 8 | Nov 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $186M | 13 | Aug 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $154M | 13 | May 15, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | $169M | 14 | Feb 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | $129M | 9 | Nov 14, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022 | $147M | 10 | Aug 15, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | $200M | 14 | May 16, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q4 2021 | $155M | 18 | Feb 14, 2022 | 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 ↗.