Managers / Q4 2021 · view latest →
Anqa Management LLC
CIK 0001827210 · 12 FOREST ROAD, SAG HARBOR, NY, 11963 · 2128087423
Summary
Anqa Management LLC reported $86M in U.S.-listed holdings across 22 positions for Q4 2021.
The portfolio is heavily concentrated: Houghton Mifflin Harcourt alone accounts for 24.9% of reported value.
Compared with Q3 2021, the fund opened 4 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 · 84.3% · $72M
- Other · 15.7% · $14M
Quarter-over-Quarter Changes full breakdown →
vs Q3 2021 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| AFTERNEXT HEALTHTECH ACQUISITION | NEW | +850.0K | 850.0K | +$8M | $8M |
| NORDSTROM INC | NEW | +355.0K | 355.0K | +$8M | $8M |
| TGNATEGNA INC | NEW | +279.6K | 279.6K | +$5M | $5M |
| OWLET INC | NEW | +1.43M | 1.43M | +$4M | $4M |
| TBCHTURTLE BEACH CORP | ADDED | +201.9K | 393.3K | +$3M | $9M |
| AFTERNEXT HEALTHTECH ACQUISITION | SOLD OUT | −850.0K | 0 | −$8M | $0 |
| SPX FLOW INC | SOLD OUT | −101.6K | 0 | −$7M | $0 |
| MACQUARIE INFRASTURE | SOLD OUT | −58.8K | 0 | −$2M | $0 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q4 2021
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | HOUGHTON MIFFLIN HARCOURT CO | COMMON | 24.94% | $21M | 1.33M |
| 2 | PBIPITNEY BOWES INChistory → | COMMON | 11.99% | $10M | 1.55M |
| 3 | TBCHTURTLE BEACH CORPhistory → | COMMON | 10.21% | $9M | 393.3K |
| 4 | AFTERNEXT HEALTHTECH ACQUISITION | UNIT | 9.78% | $8M | 850.0K |
| 5 | NORDSTROM INC | COMMON | 9.36% | $8M | 355.0K |
| 6 | AMCXAMC NETWORKS INChistory → | CLASS A | 7.34% | $6M | 182.8K |
| 7 | TGNATEGNA INChistory → | COMMON | 6.05% | $5M | 279.6K |
| 8 | ADTADT INChistory → | COMMON | 4.75% | $4M | 485.0K |
| 9 | OWLET INC | CLASS A | 4.44% | $4M | 1.43M |
| 10 | WTIW & T OFFSHORE INChistory → | COMMON | 4.04% | $3M | 1.07M |
| 11 | SSPSCRIPPS EWhistory → | COMMON | 2.87% | $2M | 127.3K |
| 12 | NEOPHOTONICS CORP | COMMON | 2.63% | $2M | 147.0K |
| 13 | FORTRESS CAPITAL ACQUISITION | UNIT | 0.23% | $197,000 | 19.9K |
| 14 | DEEP LAKE CAPITAL ACQUSTN CO | UNIT | 0.23% | $195,000 | 19.4K |
| 15 | HAMILTON ALLIANCE HLDGS | UNIT | 0.19% | $167,000 | 16.8K |
| 16 | BRIGHT LIGHTS ACQUISITION Co | UNIT | 0.18% | $153,000 | 15.0K |
| 17 | PONTEM CORPORATION | UNIT | 0.18% | $151,000 | 15.0K |
| 18 | SPORTS VENTURES ACQUISIN COR | UNIT | 0.17% | $149,000 | 15.0K |
| 19 | KL ACQUISITION CORP | UNIT | 0.17% | $149,000 | 15.0K |
| 20 | PROSPECTOR CAPITAL CORP | UNIT | 0.10% | $83,000 | 8.4K |
| 21 | LYBLYONDELLBASELL IND | A SHARES | 0.08% | $71,000 | 765 |
| 22 | FRAZIER LISCIECES ACQU | UNIT | 0.07% | $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 ↗.