SEC 13F Intelligence

Managers / Q1 2023 · view latest →

Elequin Capital, LP

CIK 0001810873 · 1333 BROADWAY, SUITE 500, NEW YORK, NY, 10018 · 6468146717

Reported Value
$142M
Q1 2023
Positions
306
Filings on Record
20
2019–present window
Filed
May 11, 2023
original filing

Summary

Elequin Capital, LP reported $142M in U.S.-listed holdings across 306 positions for Q1 2023.

The portfolio is heavily concentrated: Pioneer Nat Res alone accounts for 46.5% of reported value.

Compared with Q4 2022, the fund opened 89 new positions and exited 402.

Portfolio Metrics

Turnover
+46.3%
vs prior filed quarter
Top-10 Concentration
+78.2%
share of reported value
Largest Position
+46.5%
Pioneer Nat Res
New / Exited
89 / 402
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. 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 ’21: $217MQ4 ’21Q1 ’22: $590MQ2 ’22: $437MQ3 ’22: $148MQ3 ’22Q4 ’22: $355MQ1 ’23: $142MQ2 ’23: $196MQ2 ’23Q3 ’23: $515MQ4 ’23: $331MQ1 ’24: $1.1BQ1 ’24Q2 ’24: $378MQ3 ’24: $897MQ4 ’24: $1.3BQ4 ’24Q1 ’25: $802MQ2 ’25: $764MQ3 ’25: $1.8BQ3 ’25Q4 ’25: $1.3BQ1 ’26: $1.2Bfilingsflow.com

Portfolio Composition

By security type
US DOMESTIC: 67.5%Other: 9.9%Closed-End Fund: 8.6%ETP: 4.8%Common Stock: 4.7%Other: 4.5%
  • US DOMESTIC · 67.5% · $96M
  • Other · 9.9% · $14M
  • Closed-End Fund · 8.6% · $12M
  • ETP · 4.8% · $7M
  • Common Stock · 4.7% · $7M
  • Other · 4.5% · $6M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
PIONEER NAT RES CONEW+32.08M32.08M+$66M$66M
DICKS SPORTING GOODS INCNEW+3.51M3.51M+$16M$16M
SILICON LABORATORIES INCNEW+8.80M8.80M+$13M$13M
DANAHER CORPORATIONNEW+5.0K5.0K+$6M$6M
INVESCO EXCH TRADED FD TR IINEW+221.5K221.5K+$3M$3M
ISHARES TRNEW+18.6K18.6K+$1M$1M
FLRFLUOR CORP NEWNEW+42.9K42.9K+$1M$1M
PCGPG&E CORPNEW+68.1K68.1K+$1M$1M

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

Holdings — Q1 2023

49 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1PIONEER NAT RES CONOTE 0.250% 5/146.52%$66M32.08M
2DICKS SPORTING GOODS INCNOTE 3.250% 4/110.91%$16M3.51M
3SILICON LABORATORIES INCNOTE 0.625% 6/19.27%$13M8.80M
4DANAHER CORPORATION5% CONV PFD B4.48%$6M5.0K
5INVESCO EXCH TRADED FD TR IIPFD ETF1.79%$3M221.5K
6CIIG CAPITAL PARTNERS II INCCOM CL A1.22%$2M167.4K
7FIRST LT ACQUISITION GROUP ICL A1.22%$2M169.4K
8ISHARES TRCONV BD ETF0.95%$1M18.6K
9FLRFLUOR CORP NEWCOM0.93%$1M42.9K
10XEXGXEATON VANCE TAX-MANAGED GLOBCOM0.90%$1M162.4K
11NEWBURY STREET ACQUISITN CORCOM0.86%$1M119.7K
12PCGPG&E CORPCOM0.77%$1M68.1K
13RVTROYCE VALUE TR INCCOM0.72%$1M75.4K
14AQNALGONQUIN PWR UTILS CORPCOM0.72%$1M121.1K
15VANGUARD SCOTTSDALE FDSMTG-BKD SECS ETF0.67%$952,46020.5K
16GQ9SPDR GOLD TRGOLD SHS0.63%$889,5334.9K
17ADXADAMS DIVERSIFIED EQUITY FDCOM0.59%$845,14354.4K
18AIMFINITY INVESTMENT CORP IUNIT 04/21/20270.58%$827,92880.0K
19SLVISHARES SILVER TRISHARES0.58%$827,75337.4K
20ALSET CAPITAL ACQUISITION COCLASS A COM0.54%$774,75275.4K
21ZYNGA INCNOTE 0.250% 6/00.46%$649,049582.0K
22EATON VANCE TX ADV GLBL DIVCOM0.41%$587,53736.4K
23AEAEALTENERGY ACQUISITION CORPCOM CL A0.39%$552,05453.2K
24HQHTEKLA HEALTHCARE INVSSH BEN INT0.39%$550,76831.2K
25CNDACONCORD ACQUISITION CORP IICOM CL A0.38%$539,04253.2K
26COLOMBIER ACQUISITION CORPCL A0.37%$530,76152.4K
27JUPITER WELLNESS ACQUISITIONCLASS A COM0.37%$528,02850.0K
28AVALON ACQUISITION INCCLASS A COM0.37%$521,72950.0K
29LAVA MEDTECH ACQUISITION CORCLASS A COM0.37%$521,50050.0K
30MARS ACQUISITION CORPUNIT 02/09/20280.36%$516,50050.0K
31ROTH CH ACQUISITION V COCOM0.36%$513,93649.8K
32LIVE OAK CRESTVIEW CLIMATE ACL A COM0.35%$497,93049.3K
33CHURCHILL CAPITAL CORP VICOM CL A0.35%$493,02448.8K
34AMERICAN EAGLE OUTFITTERS INNOTE 3.750% 4/10.34%$482,720280.0K
35ETJEATON VANCE RISK-MANAGED DIVCOM0.33%$476,05459.9K
36VIRTUS DIVIDEND INTEREST & PCOM0.27%$379,43632.3K
37LOGISTICS INNOVTN TECHNLGS CCLASS A COM0.26%$368,72536.3K
38TMT ACQUISITION CORPUNIT 03/27/20280.25%$357,00035.0K
39THQTEKLA HEALTHCARE OPPORTUNITISHS0.23%$322,65317.2K
40ADAM NAT RES FD INCCOM0.22%$319,00915.5K
41EATON VANCE TAX MNGED BUY WRCOM0.22%$316,93224.3K
42ATLANTIC COASTAL AQSTN CORPCLASS A COM0.21%$305,68129.4K
43AETHERIUM ACQUISITION CORPCLASS A COM0.21%$302,11228.8K
44EATON VANCE TAX-MANAGED BUY-COM0.19%$269,25921.3K
45HOME PLATE ACQUISITION CORPCL A COM0.17%$244,56024.0K
46JAWS HURRICANE ACQUISITN CORCLASS A COM0.16%$229,86222.6K
47POST HOLDINGS PARTNERING CORCOM SER A0.16%$229,74422.7K
48ATHENA TECHNOLOGY ACQ CORP ICL A COM0.16%$229,05722.3K
49NPCTNUVEEN CORE PLUS IMPACT FUNDCOM BEN INT0.15%$214,60021.0K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$1.2B730May 11, 202613F-HRchanges · EDGAR ↗
Q4 2025$1.3B409Feb 17, 202613F-HRchanges · EDGAR ↗
Q3 2025$1.8B143Nov 14, 202513F-HRchanges · EDGAR ↗
Q2 2025$764M371Aug 11, 202513F-HRchanges · EDGAR ↗
Q1 2025$802M324May 13, 202513F-HRchanges · EDGAR ↗
Q4 2024$1.3B516Feb 18, 202513F-HRchanges · EDGAR ↗
Q3 2024$897M379Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$378M192Aug 12, 202413F-HRchanges · EDGAR ↗
Q1 2024$1.1B144May 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$331M365Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$515M396Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$196M533Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$142M306May 11, 202313F-HRchanges · EDGAR ↗
Q4 2022$355M619Feb 9, 202313F-HRchanges · EDGAR ↗
Q3 2022$148M550Nov 10, 202213F-HRchanges · EDGAR ↗
Q2 2022$437M427Aug 11, 202213F-HRchanges · EDGAR ↗
Q1 2022$590M343May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$217M53Feb 15, 202213F-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 ↗.