BP

Boston Provident, L.p.

High-turnover traderDiversified strategySector-focused

Total reported value

$117.3M

Reporting period: 2015-09-30 · Number of holdings: 47

BOSTON PROVIDENT, L.P. disclosed 47 holdings in its latest 13F filing for the period ending 2015-09-30, with total reported value of $117.3M and a quarterly turnover rate of 113.2%.

Personality snowflake

Concentration
24.06
Portfolio Stability
100
Momentum/Contrarian
100
Sector conviction
100
Diversification
94
Sizing Uniformity
86.34

Recent moves

  • Trim XLF

    -65.7%　-$29.1M

  • Add ASPSZ

    +307.2%　$5.7M

  • Trim 66704R704

    -81.2%　-$10.3M

  • Trim M

    -65.1%　-$9.4M

  • Add DFSEUR

    +51.2%　$2.1M

  • Trim 66705Y104

    -80.0%　-$6.0M

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

#TickerIssuerAsset SubclassWeightWeight ChangeShares Change4Q Trend
1ASPSZAltisource Portfolio Solutions S.A.Stock-Other13.24%+2.74%+6.08%
2XLFSs Financial Select SectorETF-Other11.59%-12.10%-65.71%
3AIGAmerican International GroupStock-Financials7.23%+7.23%NEW
4CCitigroup INCStock-Financials7.12%+7.12%NEW
5ASPSZAltisource Portfolio Solutions S.A.Stock-Other6.86%+5.53%+307.24%
6DFSEURDiscover Financial ServicesStock-Other6.60%+3.45%+51.18%
7IBKRInteractive Brokers Gro-cl AStock-Financials4.20%-2.92%-59.54%
8RFRegions Financial CORPStock-Financials2.96%+0.89%+6.94%
9ETRAE*trade Financial CORPStock-Other2.91%+2.91%NEW
10ZIONZions Bancorp NAStock-Financials2.83%+2.83%NEW
11GSGoldman Sachs Group INCStock-Financials2.81%+2.81%NEW
12AERAerCap Holdings N.V.Stock-Industrials2.78%+1.64%+89.31%
13ARCPEURVereit INCStock-Other2.64%+2.64%NEW
14STWDStarwood Property Trust, Inc.Stock-Real Estate2.28%-0.04%-36.16%
15TCOTaubman Centers INCStock-Other2.03%+2.03%NEW
16APOApollo Global Management, Inc.Stock-Financials1.86%+0.86%+55.59%
17✓ Stock-Other1.80%-0.34%-54.95%
18✓ Stock-Other1.71%+1.71%NEW
19✓ NorthStar Realty Finance CorpStock-Other1.50%-5.19%-81.17%
20SCHWSchwab (charles) CORPStock-Financials1.46%+1.46%NEW
21AMTTD Ameritrade Holding CORPStock-Real Estate1.45%+1.45%NEW
22KNXKnight-Swift Transportation Holdings Inc.Stock-Industrials0.99%—+0.30%
23LMEURLegg Mason INCStock-Other0.99%+0.99%NEW
24✓ Stock-Other0.94%-2.99%-80.00%
25LF2Pacific Premier Bancorp INCStock-Other0.81%+0.43%+17.00%
26✓ Stock-Other0.78%+0.38%+41.34%
27PPIAstoria Real Asset ETFETF-Other0.70%+0.70%NEW
28ALLYAlly Financial INCStock-Financials0.69%+0.69%NEW
29RPT-PCRithm Property Trust Inc.Stock-Other0.64%-0.27%-47.93%
30MMacy's, Inc.Stock-Consumer Disc0.49%-5.04%-65.14%
31STEWSrh Total Return Fund INCStock-Other0.48%+0.01%-25.02%
32BAERBridger Aerospace Group Holdings, Inc.Stock-Other0.46%—+0.45%
33✓ Xenith Bankshares, Inc.Stock-Other0.45%—-15.25%
34✓ Resource AmericaStock-Other0.41%-0.48%-61.83%
35TEAMAtlassian CorporationStock-Tech0.38%-0.25%-58.25%
36OCFCOceanfirst Financial CORPStock-Other0.34%+0.34%NEW
37CBANColony Bankcorp, Inc.Stock-Other0.33%+0.33%NEW
38PMTPennymac Mortgage InvestmentStock-Other0.33%+0.33%NEW
39FNBCQUSDFirst Nbc Bank Holding CoStock-Other0.30%——
40GCAPEURGain Capital Holdings INCStock-Other0.29%-0.93%-79.26%
41AHTAshford Hospitality Trust, Inc.Stock-Other0.29%+0.29%NEW
42OCN2EUROcwen Financial CORPStock-Other0.29%+0.29%NEW
43✓ Ashford Hospitality Tr INCStock-Other0.24%-2.67%-92.60%
44VBTXVeritex Holdings INCStock-Other0.15%+0.15%NEW
45✓ Newbridge BancorpStock-Other0.15%+0.15%NEW
46FRBKQRepublic First Bancorp INCStock-Other0.13%+0.13%NEW
47CSFLUSDCenterstate Bank CORPStock-Other0.13%——

Holding changes this quarter

Boston Provident, L.p.'s most significant position changes for 2015-09-30: Sold out: Ss Spdr S&p 500 ETF Trust-us (SPY); New buy: American International Group (AIG); New buy: Citigroup INC (C); Sold out: Ishares Russell 2000 ETF (IWM); Sold out: Hudson Pacific Properties, Inc. (HPP).

Position changes disclosed by Boston Provident, L.p. for the quarter ending 2015-09-30, including ticker, issuer, weight change, shares change, and action
#TickerIssuerWeight ChangeShares ChangeAction
1ASPSZAltisource Portfolio Solutions S.A.+5.5%+307.24%Add
2DFSEURDiscover Financial Services+3.5%+51.18%Add
3ASPSZAltisource Portfolio Solutions S.A.+2.7%+6.08%Add
4AERAerCap Holdings N.V.+1.6%+89.31%Add
5RFRegions Financial CORP+0.9%+6.94%Add
6APOApollo Global Management, Inc.+0.9%+55.59%Add
7LF2Pacific Premier Bancorp INC+0.4%+17.00%Add
8✓ +0.4%+41.34%Add
9STEWSrh Total Return Fund INC0%-25.02%Trim
10STWDStarwood Property Trust, Inc.0%-36.16%Trim
11TEAMAtlassian Corporation-0.3%-58.25%Trim
12RPT-PCRithm Property Trust Inc.-0.3%-47.93%Trim
13✓ -0.3%-54.95%Trim
14✓ Resource America-0.5%-61.83%Trim
15GCAPEURGain Capital Holdings INC-0.9%-79.26%Trim
16✓ Ashford Hospitality Tr INC-2.7%-92.60%Trim
17IBKRInteractive Brokers Gro-cl A-2.9%-59.54%Trim
18✓ -3%-80.00%Trim
19MMacy's, Inc.-5%-65.14%Trim
20✓ NorthStar Realty Finance Corp-5.2%-81.17%Trim
21XLFSs Financial Select Sector-12.1%-65.71%Trim
22SPYSs Spdr S&p 500 ETF Trust-us—EXITSold out
23AIGAmerican International Group—NEWNew buy
24CCitigroup INC—NEWNew buy
25IWMIshares Russell 2000 ETF—EXITSold out
26HPPHudson Pacific Properties, Inc.—EXITSold out
27ETRAE*trade Financial CORP—NEWNew buy
28ZIONZions Bancorp NA—NEWNew buy
29GSGoldman Sachs Group INC—NEWNew buy
30ARCPEURVereit INC—NEWNew buy
31TCOTaubman Centers INC—NEWNew buy
32✓ —NEWNew buy
33SCHWSchwab (charles) CORP—NEWNew buy
34AMTTD Ameritrade Holding CORP—NEWNew buy
35✓ Luxoft Holding INC—EXITSold out
36STCStewart Information Services—EXITSold out
37LMEURLegg Mason INC—NEWNew buy
38✓ Fifth Str Sr Floatng Rate Co—EXITSold out
39PPIAstoria Real Asset ETF—NEWNew buy
40ALLYAlly Financial INC—NEWNew buy
41✓ American Realty Capital Properties Inc—EXITSold out
42TBBKBancorp Inc/the—EXITSold out
43OCFCOceanfirst Financial CORP—NEWNew buy
44CBANColony Bankcorp, Inc.—NEWNew buy
45PMTPennymac Mortgage Investment—NEWNew buy
46AHTAshford Hospitality Trust, Inc.—NEWNew buy
47OCN2EUROcwen Financial CORP—NEWNew buy
48VBTXVeritex Holdings INC—NEWNew buy
49✓ Newbridge Bancorp—NEWNew buy
50FRBKQRepublic First Bancorp INC—NEWNew buy

FAQ

What is Boston Provident, L.p. and what type of investor is it?
Boston Provident, L.p. is a investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2015-09-30), the firm manages a tracked equity portfolio valued at approximately $117.3M, spread across 47 disclosed positions.
What are Boston Provident, L.p.'s largest equity positions?
Based on the latest 13F filing, Boston Provident, L.p.'s top holdings by market value are: 1. Altisource Portfolio Solutions S.A. (ASPSZ) — $15.5M (13.2%) 2. Ss Financial Select Sector (XLF) — $13.6M (11.6%) 3. American International Group (AIG) — $8.5M (7.2%) 4. Citigroup INC (C) — $8.4M (7.1%) 5. Altisource Portfolio Solutions S.A. (ASPSZ) — $8.1M (6.9%)
What changes did Boston Provident, L.p. make in its most recent portfolio filing?
In the latest reported quarter, Boston Provident, L.p. made 50 notable position adjustments: 21 new positions were initiated, 8 existing holdings were added to, 13 positions were partially reduced, and 8 were completely exited. The largest of these moves: Sold out: Ss Spdr S&p 500 ETF Trust-us (SPY); New buy: American International Group (AIG); New buy: Citigroup INC (C); Sold out: Ishares Russell 2000 ETF (IWM); Sold out: Hudson Pacific Properties, Inc. (HPP)
What sectors does Boston Provident, L.p. focus on?
Boston Provident, L.p. is concentrated in the following sectors based on its current disclosed equity portfolio: • Financials: 97.4% • Information Technology: 2.6%