SEC 13F Intelligence

Managers / Q3 2021 · view latest →

Anqa Management LLC

CIK 0001827210 · 12 FOREST ROAD, SAG HARBOR, NY, 11963 · 2128087423

Reported Value
$91M
Q3 2021
Positions
22
Filings on Record
13
2019–present window
Filed
Nov 12, 2021
original filing

Summary

Anqa Management LLC reported $91M in U.S.-listed holdings across 22 positions for Q3 2021.

The portfolio is heavily concentrated: Houghton Mifflin Harcourt alone accounts for 24.6% of reported value.

Compared with Q2 2021, the fund opened 3 new positions and exited 3.

Portfolio Metrics

Turnover
+28.0%
vs prior filed quarter
Top-10 Concentration
+94.6%
share of reported value
Largest Position
+24.6%
Houghton Mifflin Harcourt
New / Exited
3 / 3
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, 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
Q3 ’20: $65MQ3 ’20Q4 ’20: $74MQ1 ’21: $79MQ1 ’21Q2 ’21: $91MQ3 ’21: $91MQ3 ’21Q4 ’21: $86MQ1 ’22: $88MQ1 ’22Q2 ’22: $93MQ3 ’22: $93MQ3 ’22Q1 ’23: $72MQ2 ’23: $90MQ2 ’23Q3 ’23: $67Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 87.9%Other: 10.8%Equity WRT: 1.3%
  • Common Stock · 87.9% · $80M
  • Other · 10.8% · $10M
  • Equity WRT · 1.3% · $1M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
AFTERNEXT HEALTHTECH ACQUISITIONNEW+850.0K850.0K+$8M$8M
SPX FLOW INCNEW+101.6K101.6K+$7M$7M
AMCXAMC NETWORKS INCNEW+153.8K153.8K+$7M$7M
NUANCE COMMUNICATIONS INCSOLD OUT155.0K0$8M$0
EXEEZCHESAPEAKE ENERGY CORPSOLD OUT39.3K0$936,000$0
EXEEWCHESAPEAKE ENERGY CORPSOLD OUT4.0K0$108,000$0
MACQUARIE INFRASTURETRIMMED218.6K58.8K$8M$2M
TBCHTURTLE BEACH CORPADDED+57.2K191.5K+$1M$5M

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

Holdings — Q3 2021

22 positions
#IssuerClass% PortfolioValueShares
1HOUGHTON MIFFLIN HARCOURT COCOMMON24.58%$22M1.66M
2PBIPITNEY BOWES INChistory →COMMON12.34%$11M1.55M
3ADTADT INChistory →COMMON10.03%$9M1.12M
4AFTERNEXT HEALTHTECH ACQUISITIONUNIT9.33%$8M850.0K
5SPX FLOW INCCOMMON8.19%$7M101.6K
6NEOPHOTONICS CORPCOMMON7.90%$7M823.0K
7AMCXAMC NETWORKS INChistory →CLASS A7.90%$7M153.8K
8WTIW & T OFFSHORE INChistory →COMMON5.87%$5M1.43M
9TBCHTURTLE BEACH CORPhistory →COMMON5.87%$5M191.5K
10MACQUARIE INFRASTURECOMMON UNITS2.63%$2M58.8K
11SSPSCRIPPS EWhistory →COMMON2.54%$2M127.3K
12EXEELCHESAPEAKE ENERGY CORPhistory →WARRANTS1.32%$1M40.8K
13FORTRESS CAPITAL ACQUISITIONUNIT0.21%$195,00019.9K
14DEEP LAKE CAPITAL ACQUSTN COUNIT0.21%$194,00019.4K
15HAMILTON ALLIANCE HLDGSUNIT0.19%$168,00016.8K
16BRIGHT LIGHTS ACQUISITION CoUNIT0.17%$151,00015.0K
17PONTEM CORPORATIONUNIT0.16%$149,00015.0K
18SPORTS VENTURES ACQUISIN CORUNIT0.16%$149,00015.0K
19KL ACQUISITION CORPUNIT0.16%$148,00015.0K
20PROSPECTOR CAPITAL CORPUNIT0.09%$84,0008.4K
21LYBLYONDELLBASELL INDA SHARES0.08%$72,000765
22FRAZIER LISCIECES ACQUUNIT0.06%$58,0005.8K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q3 2023$67M11Nov 13, 202313F-HRchanges · EDGAR ↗
Q2 2023$90M13Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$72M14May 17, 202313F-HRchanges · EDGAR ↗
Q4 2022Under review15Feb 13, 202313F-HRchanges · EDGAR ↗
Q3 2022$93M26Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$93M27Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$88M24May 12, 202213F-HRchanges · EDGAR ↗
Q4 2021$86M22Feb 15, 202213F-HRchanges · EDGAR ↗
Q3 2021$91M22Nov 12, 202113F-HRchanges · EDGAR ↗
Q2 2021$91M22Aug 16, 202113F-HRchanges · EDGAR ↗
Q1 2021$79M23May 14, 202113F-HRchanges · EDGAR ↗
Q4 2020$74M11Feb 16, 202113F-HRchanges · EDGAR ↗
Q3 2020$65M12Nov 16, 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 ↗.