Managers / Q2 2021 · view latest →
Anqa Management LLC
CIK 0001827210 · 12 FOREST ROAD, SAG HARBOR, NY, 11963 · 2128087423
Summary
Anqa Management LLC reported $91M in U.S.-listed holdings across 22 positions for Q2 2021.
The portfolio is heavily concentrated: Houghton Mifflin Harcourt alone accounts for 22.9% of reported value.
Compared with Q1 2021, the fund opened 3 new positions and exited 4.
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
- Common Stock · 95.9% · $88M
- Equity WRT · 2.7% · $2M
- Other · 1.4% · $1M
Quarter-over-Quarter Changes full breakdown →
vs Q1 2021 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| NUANCE COMMUNICATIONS INC | NEW | +155.0K | 155.0K | +$8M | $8M |
| TBCHTURTLE BEACH CORP | NEW | +134.2K | 134.2K | +$4M | $4M |
| BRIGHT LIGHTS ACQUISITION Co | NEW | +15.0K | 15.0K | +$151,000 | $151,000 |
| EXECHESAPEAKE ENERGY CORP | SOLD OUT | −122.6K | 0 | −$5M | $0 |
| HIGHARTFORD FINL SVCS GROUP INC | SOLD OUT | −45.0K | 0 | −$3M | $0 |
| GNWGENWORTH FINL INC | SOLD OUT | −1.19M | 0 | −$1M | $0 |
| BRIGHT LIGHTS ACQUISITION Co | SOLD OUT | −15.0K | 0 | −$148,000 | $0 |
| EXEEWCHESAPEAKE ENERGY CORP | TRIMMED | −48.5K | 4.0K | −$923,000 | $108,000 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q2 2021
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | HOUGHTON MIFFLIN HARCOURT CO | COMMON | 22.90% | $21M | 1.90M |
| 2 | PBIPITNEY BOWES INChistory → | COMMON | 14.89% | $14M | 1.55M |
| 3 | ADTADT INChistory → | COMMON | 13.28% | $12M | 1.12M |
| 4 | MACQUARIE INFRASTURE | COMMON | 11.61% | $11M | 277.4K |
| 5 | NUANCE COMMUNICATIONS INC | COMMON | 9.23% | $8M | 155.0K |
| 6 | NEOPHOTONICS CORP | COMMON | 9.19% | $8M | 823.0K |
| 7 | WTIW & T OFFSHORE INChistory → | COMMON | 7.60% | $7M | 1.43M |
| 8 | TBCHTURTLE BEACH CORPhistory → | COMMON | 4.69% | $4M | 134.2K |
| 9 | EXEELCHESAPEAKE ENERGY CORP | WARRANTS | 2.66% | $2M | 109.6K |
| 10 | SSPSCRIPPS EWhistory → | COMMON | 2.43% | $2M | 109.0K |
| 11 | FORTRESS CAPITAL ACQUISITION | UNIT | 0.22% | $200,000 | 19.9K |
| 12 | DEEP LAKE CAPITAL ACQUSTN CO | UNIT | 0.22% | $197,000 | 19.4K |
| 13 | HAMILTON ALLIANCE HLDGS | UNIT | 0.18% | $169,000 | 16.8K |
| 14 | SPORTS VENTURES ACQUISIN COR | UNIT | 0.17% | $152,000 | 15.0K |
| 15 | BRIGHT LIGHTS ACQUISITION Co | UNIT | 0.17% | $151,000 | 15.0K |
| 16 | PONTEM CORPORATION | UNIT | 0.16% | $150,000 | 15.0K |
| 17 | KL ACQUISITION CORP | UNIT | 0.16% | $150,000 | 15.0K |
| 18 | PROSPECTOR CAPITAL CORP | UNIT | 0.09% | $84,000 | 8.4K |
| 19 | LYBLYONDELLBASELL IND | A SHARES | 0.09% | $79,000 | 765 |
| 20 | FRAZIER LISCIECES ACQU | UNIT | 0.06% | $58,000 | 5.8K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q3 2023 | $67M | 11 | Nov 13, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $90M | 13 | Aug 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $72M | 14 | May 17, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | Under review | 15 | Feb 13, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | $93M | 26 | Nov 14, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022 | $93M | 27 | Aug 15, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | $88M | 24 | May 12, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q4 2021 | $86M | 22 | Feb 15, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q3 2021 | $91M | 22 | Nov 12, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q2 2021 | $91M | 22 | Aug 16, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q1 2021 | $79M | 23 | May 14, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q4 2020 | $74M | 11 | Feb 16, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q3 2020 | $65M | 12 | Nov 16, 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 ↗.