SEC 13F Intelligence

Managers / Q1 2020 · view latest →

Taal Capital Management LP

CIK 0001811243 · ONE BEACON STREET, SUITE 21300, BOSTON, MA, 02108 · 617-880-7410

Reported Value
$78M
Q1 2020
Positions
16
Filings on Record
6
2019–present window
Filed
May 15, 2020
original filing

Summary

Taal Capital Management LP reported $78M in U.S.-listed holdings across 16 positions for Q1 2020.

Its largest position, BRK/B, represents 17.2% of the portfolio.

Portfolio Metrics

Top-10 Concentration
+72.2%
share of reported value
Largest Position
+17.2%
Berkshire Hathaway

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
Q1 ’20: $78MQ1 ’20Q2 ’20: $92MQ2 ’20Q3 ’20: $102MQ3 ’20Q4 ’20: $122MQ4 ’20Q1 ’21: $122MQ1 ’21Q2 ’21: $122MQ2 ’21filingsflow.com

Portfolio Composition

By security type
Common Stock: 88.2%ETP: 6.6%Other: 5.1%
  • Common Stock · 88.2% · $68M
  • ETP · 6.6% · $5M
  • Other · 5.1% · $4M

Quarter-over-Quarter Changes full breakdown →

IssuerMoveShare ΔShares nowValue ΔValue now
BRK/BBERKSHIRE HATHAWAY INCNEW+73.0K73.0K+$13M$13M
PCGPG&E CORPNEW+803.3K803.3K+$7M$7M
SPYSPDR S&P 500 ETF TRNEW+20.0K20.0K+$5M$5M
MSFTMICROSOFT CORPNEW+30.0K30.0K+$5M$5M
JPMJPMORGAN CHASE & CONEW+50.0K50.0K+$5M$5M
BABOEING CONEW+30.0K30.0K+$4M$4M
COSTCOSTCO WHSL CORP NEWNEW+15.0K15.0K+$4M$4M
LNGCHENIERE ENERGY INCNEW+125.0K125.0K+$4M$4M

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

Holdings — Q1 2020

16 positions
#IssuerClass% PortfolioValueShares
1BRK/BBERKSHIRE HATHAWAY INChistory →CL B NEW17.20%$13M73.0K
2PCGPG&E CORPhistory →COM9.30%$7M803.3K
3SPYSPDR S&P 500 ETF TRhistory →TR UNIT6.64%$5M20.0K
4MSFTMICROSOFT CORPhistory →COM6.10%$5M30.0K
5JPMJPMORGAN CHASE & COhistory →COM5.80%$5M50.0K
6BABOEING COhistory →COM5.76%$4M30.0K
7COSTCOSTCO WHSL CORP NEWhistory →COM5.51%$4M15.0K
8LNGCHENIERE ENERGY INChistory →COM NEW5.40%$4M125.0K
9NKENIKE INChistory →CL B5.33%$4M50.0K
10VZVERIZON COMMUNICATIONS INChistory →COM5.19%$4M75.0K
11DISHDISH NETWORK CORPhistory →CL A5.15%$4M200.0K
12GENERAL ELECTRIC COCOM5.11%$4M500.0K
13MOALTRIA GROUP INChistory →COM4.98%$4M100.0K
14TJXTJX COS INC NEWhistory →COM4.62%$4M75.0K
15GOOGALPHABET INChistory →CAP STK CL C4.49%$3M3.0K
16GDGENERAL DYNAMICS CORPhistory →COM3.41%$3M20.0K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q2 2021$122M34Aug 16, 202113F-HRchanges · EDGAR ↗
Q1 2021$122M46May 14, 202113F-HRchanges · EDGAR ↗
Q4 2020$122M16Feb 12, 202113F-HRchanges · EDGAR ↗
Q3 2020$102M16Nov 13, 202013F-HRchanges · EDGAR ↗
Q2 2020$92M17Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$78M16May 15, 202013F-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 ↗.