RV

Relative Value Partners, LLC

Diversified strategyMomentum followerSector-focused

Total reported value

$879.8M

Reporting period: 2015-03-31 · Number of holdings: 120

Relative Value Partners, LLC disclosed 120 holdings in its latest 13F filing for the period ending 2015-03-31, with total reported value of $879.8M and a quarterly turnover rate of 9.4%.

Personality snowflake

Concentration
14.35
Portfolio Stability
9.4
Momentum/Contrarian
100
Sector conviction
85.62
Diversification
100
Sizing Uniformity
81.74

Recent moves

  • Add AMLPUSD

    +3540.4%　$7.0M

  • Add MIN

    +28.1%　$5.6M

  • Add TSI

    +29.3%　$4.9M

  • Add ETJ

    +13.7%　$4.2M

  • Trim OEF

    -1.5%　-$1.7M

  • Trim MGF

    -13.8%　-$2.8M

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

#TickerIssuerAsset SubclassWeightWeight ChangeShares Change4Q Trend
1OEFIshares S&p 100 ETFETF-Other8.33%-0.38%-1.47%
2BTZBlackrock Credit AllocationStock-Other7.59%+0.18%+0.39%
3TYTri-continental CORPStock-Other4.80%+0.02%+1.39%
4BDJBlackrock Enhanced Eqty DvdStock-Other4.43%—-0.75%
5SPESpecial Opportunities FundStock-Other4.35%-0.03%+1.12%
6✓ Zweig Total Return Fd INCStock-Other3.83%-0.02%+4.21%
7ABAllianceBernstein Holding L.P.Stock-Other3.80%-0.03%-2.06%
8PPTPutnam Premier Income TrustStock-Other3.58%—+0.31%
9DHCDiversified Healthcare TrustStock-Other3.55%+0.22%+4.35%
10ETJEaton Vance Rsk-mgd DiversStock-Other3.53%+0.40%+13.73%
11VTIVanguard Total Stock Mkt ETFETF-Other3.52%-0.02%+0.56%
12BNDVanguard Total Bond MarketETF-Other3.25%-0.04%-0.24%
13XMCRXMfs Charter Income TrustStock-Other3.03%-0.04%+5.56%
14GFYWestern Asset Var Rt StratStock-Other2.91%+0.26%+13.20%
15MINMfs Intermediate INC TrustStock-Other2.75%+0.60%+28.08%
16RVTRoyce Small-cap Trust INCStock-Other2.67%-0.34%-9.20%
17MMTAberdeen Multimarket IncomeStock-Other2.48%-0.10%+0.35%
18TSITcw Strategic Income FundStock-Other2.45%+0.52%+29.31%
19XEVGXEaton Vance Short Dur Div InStock-Other2.39%-0.10%-4.01%
20BSLBlackstone Snr Fltng RtStock-Other2.08%+0.15%+7.09%
21XEVVXEaton Vance LTD Durat INCStock-Other2.07%+0.03%+1.54%
22USALiberty All Star Equity FundStock-Other1.89%-0.12%-1.41%
23XBOEXBlackrock Enh Glbl Dvd TrStock-Other1.86%-0.01%-3.73%
24MGFMfs Govt Markets INC TrustStock-Other1.81%-0.36%-13.83%
25XETYXEaton Vance Tax-mgd Div EqtyStock-Other1.61%—-0.99%
26✓ Zweig FdStock-Other1.28%-0.08%-2.82%
27VGTVanguard Info Tech ETFETF-Tech1.16%—-2.13%
28✓ Blackrock Defined Opprty CrStock-Other0.96%+0.20%+24.39%
29AMLPUSDAlerian Mlp ETFETF-Other0.82%+0.80%+3540.35%
30XEGFXBlackrock Enhanced GovernStock-Other0.80%—+5.21%
31FPFFirst Tr Interm Dur & INCStock-Other0.73%—+1.39%
32BGXBlackstone Long-short CreditStock-Other0.72%+0.03%+2.26%
33GAMGeneral American InvestorsStock-Other0.57%+0.57%NEW
34BLWBlackrock LTD Durat INC TrStock-Other0.52%+0.02%+5.34%
35BITBlackrock Multi-sector INCStock-Other0.47%-0.09%-17.29%
36NIEVirtus Equity & Convertible Income FundStock-Other0.42%-0.05%-5.64%
37JGHNuveen Global High IncomeStock-Other0.39%-0.26%-38.44%
38GDOWestern Ast Glb CORP OpprntyStock-Other0.34%—-2.99%
39XJQCXNuveen Credit Strategies INCStock-Other0.30%-0.06%-18.32%
40ECFEllsworth Growth And IncomeStock-Other0.26%—-2.97%
41XSSPXNuveen S&p 500 Dynam OverwrStock-Other0.26%-0.04%-9.67%
42APOApollo Global Management, Inc.Stock-Financials0.25%—-7.43%
43XFRAXBlackrock Fltng Rt INC StratStock-Other0.25%+0.06%+25.22%
44SMHCVanEck China Semiconductor ETFETF-Emerging Markets0.23%—-1.31%
45SDSProShares UltraShort S&P500Stock-Other0.22%—-7.42%
46FCTFirst Trust Snr Fl Rt INC IiStock-Other0.22%-0.15%-43.22%
47BKTBlackRock Income Trust, Inc.Stock-Other0.20%+0.12%+154.53%
48✓ Madison Strtg Sector Prem FdStock-Other0.19%—-4.29%
49EVFEaton Vance Senior Income TrStock-Other0.15%+0.04%+28.80%
50GLOClough Global OpportunitiesStock-Other0.14%—-1.43%
1–50 of 120

Holding changes this quarter

Relative Value Partners, LLC's most significant position changes for 2015-03-31: Sold out: Ss Energy Select Sector (XLE); New buy: General American Investors (GAM); Sold out: Nuveen S&p 500 Buy-wr INC (XBXMX); New buy: Vanguard Small-cap ETF (VB); Sold out: Flaherty & Crumrine Dyn Pref (DFP).

Position changes disclosed by Relative Value Partners, LLC for the quarter ending 2015-03-31, including ticker, issuer, weight change, shares change, and action
#TickerIssuerWeight ChangeShares ChangeAction
1AMLPUSDAlerian Mlp ETF+0.8%+3540.35%Add
2MINMfs Intermediate INC Trust+0.6%+28.08%Add
3TSITcw Strategic Income Fund+0.5%+29.31%Add
4ETJEaton Vance Rsk-mgd Divers+0.4%+13.73%Add
5GFYWestern Asset Var Rt Strat+0.3%+13.20%Add
6DHCDiversified Healthcare Trust+0.2%+4.35%Add
7✓ Blackrock Defined Opprty Cr+0.2%+24.39%Add
8BTZBlackrock Credit Allocation+0.2%+0.39%Add
9BSLBlackstone Snr Fltng Rt+0.2%+7.09%Add
10BKTBlackRock Income Trust, Inc.+0.1%+154.53%Add
11XFRAXBlackrock Fltng Rt INC Strat+0.1%+25.22%Add
12ANHAnworth Mortgage Asset CORP0%+64.09%Add
13EVFEaton Vance Senior Income Tr0%+28.80%Add
14XEVVXEaton Vance LTD Durat INC0%+1.54%Add
15BGXBlackstone Long-short Credit0%+2.26%Add
16TYTri-continental CORP0%+1.39%Add
17BLWBlackrock LTD Durat INC Tr0%+5.34%Add
18XBOEXBlackrock Enh Glbl Dvd Tr0%-3.73%Trim
19✓ Zweig Total Return Fd INC0%+4.21%Add
20VTIVanguard Total Stock Mkt ETF0%+0.56%Add
21SPESpecial Opportunities Fund0%+1.12%Add
22ABAllianceBernstein Holding L.P.0%-2.06%Trim
23EFFEaton Vance Floating-rate In0%-59.87%Trim
24XSSPXNuveen S&p 500 Dynam Overwr0%-9.67%Trim
25XMCRXMfs Charter Income Trust0%+5.56%Add
26BNDVanguard Total Bond Market0%-0.24%Trim
27NIEVirtus Equity & Convertible Income Fund-0.1%-5.64%Trim
28XJQCXNuveen Credit Strategies INC-0.1%-18.32%Trim
29✓ Zweig Fd-0.1%-2.82%Trim
30BITBlackrock Multi-sector INC-0.1%-17.29%Trim
31MMTAberdeen Multimarket Income-0.1%+0.35%Add
32XEVGXEaton Vance Short Dur Div In-0.1%-4.01%Trim
33USALiberty All Star Equity Fund-0.1%-1.41%Trim
34FCTFirst Trust Snr Fl Rt INC Ii-0.2%-43.22%Trim
35NZFNuveen Municipal Credit Income Fund-0.3%-85.37%Trim
36JGHNuveen Global High Income-0.3%-38.44%Trim
37RVTRoyce Small-cap Trust INC-0.3%-9.20%Trim
38MGFMfs Govt Markets INC Trust-0.4%-13.83%Trim
39OEFIshares S&p 100 ETF-0.4%-1.47%Trim
40XLESs Energy Select Sector—EXITSold out
41GAMGeneral American Investors—NEWNew buy
42XBXMXNuveen S&p 500 Buy-wr INC—EXITSold out
43VBVanguard Small-cap ETF—NEWNew buy
44DFPFlaherty & Crumrine Dyn Pref—EXITSold out
45✓ Intervest Bancshares Corp-a—EXITSold out
46✓ Bank Of THE Ozarks—NEWNew buy
47SHYIshares 1-3 Year Treasury Bo—EXITSold out
48✓ Nexpoint Cr Strategies Fd—EXITSold out
49BGBBlackstone Strategic Credit—EXITSold out
50✓ General Mtrs Co—NEWNew buy

FAQ

What is Relative Value Partners, LLC and what type of investor is it?
Relative Value Partners, LLC 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 (2015-03-31), the firm manages a tracked equity portfolio valued at approximately $879.8M, spread across 120 disclosed positions.
What are Relative Value Partners, LLC's largest equity positions?
Based on the latest 13F filing, Relative Value Partners, LLC's top holdings by market value are: 1. Ishares S&p 100 ETF (OEF) — $73.3M (8.3%) 2. Blackrock Credit Allocation (BTZ) — $66.7M (7.6%) 3. Tri-continental CORP (TY) — $42.3M (4.8%) 4. Blackrock Enhanced Eqty Dvd (BDJ) — $39.0M (4.4%) 5. Special Opportunities Fund (SPE) — $38.3M (4.3%)
What changes did Relative Value Partners, LLC make in its most recent portfolio filing?
In the latest reported quarter, Relative Value Partners, LLC made 50 notable position adjustments: 4 new positions were initiated, 22 existing holdings were added to, 17 positions were partially reduced, and 7 were completely exited. The largest of these moves: Sold out: Ss Energy Select Sector (XLE); New buy: General American Investors (GAM); Sold out: Nuveen S&p 500 Buy-wr INC (XBXMX); New buy: Vanguard Small-cap ETF (VB); Sold out: Flaherty & Crumrine Dyn Pref (DFP)
What sectors does Relative Value Partners, LLC focus on?
Relative Value Partners, LLC is concentrated in the following sectors based on its current disclosed equity portfolio: • Financials: 44.5% • Information Technology: 20.1% • Health Care: 18.3% • Energy: 10.7% • Consumer Staples: 3.4% • Industrials: 3.0%