SC

Seacliff Capital, LLC

High-turnover traderSector-focusedContrarian

Total reported value

$102.3M

Reporting period: 2019-03-31 · Number of holdings: 36

Seacliff Capital, LLC disclosed 36 holdings in its latest 13F filing for the period ending 2019-03-31, with total reported value of $102.3M and a quarterly turnover rate of 140.3%.

Personality snowflake

Concentration
14.01
Portfolio Stability
100
Momentum/Contrarian
0
Sector conviction
100
Diversification
72
Sizing Uniformity
94.82

Recent moves

  • Add ONDK

    +1150.0%　$6.2M

  • Trim 450828108

    -71.4%　-$7.7M

  • Trim SYU1

    -69.1%　-$5.9M

  • Add IVZ

    +50.0%　$2.4M

  • Add VIRT

    +100.0%　$1.1M

  • Trim BGCPEUR

    -66.7%　-$2.0M

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

#TickerIssuerAsset SubclassWeightWeight ChangeShares Change4Q Trend
1ONDKOn Deck Capital INCStock-Other6.62%+6.18%+1150.00%
2IVZInvesco Ltd.Stock-Financials5.66%+3.14%+50.00%
3CFGCitizens Financial GroupStock-Financials4.76%+0.29%-25.00%
4USBUS BancorpStock-Financials4.71%+4.71%NEW
5SANBanco Santander Sa-spon AdrStock-Financials4.52%+4.52%NEW
6✓ Brightsphere Investment GroupStock-Other3.98%—-25.00%
7WTFCWintrust Financial CORPStock-Financials3.95%-1.05%-40.00%
8IBTXUSDIndependent Bank Group INCStock-Other3.76%+3.76%NEW
9TRTN-PATriton International LimitedStock-Other3.65%+3.65%NEW
10PNCPnc Financial Services GroupStock-Financials3.60%+3.60%NEW
11LAZLazard, Inc.Stock-Financials3.53%+3.53%NEW
12✓ Iberiabank CORPStock-Other3.50%-4.96%-71.43%
13TRVTravelers Cos Inc/theStock-Financials3.35%+3.35%NEW
14UNMUnum GroupStock-Financials3.31%+3.31%NEW
15MTGMgic Investment CORPStock-Financials3.22%+3.22%NEW
16ASBAssociated Banc-corpStock-Financials3.13%+3.13%NEW
17SYU1Synovus Financial CORPStock-Other2.85%-3.77%-69.09%
18AXSAXIS Capital Holdings LimitedStock-Financials2.68%—-16.67%
19FHBFirst Hawaiian INCStock-Other2.55%+2.55%NEW
20HIGHartford Insurance Group INCStock-Financials2.43%-0.91%-50.00%
21SYFSynchrony FinancialStock-Financials2.34%+2.34%NEW
22VIRTVirtu Financial Inc-class AStock-Financials2.32%+1.35%+100.00%
23MFCManulife Financial CORPStock-Financials2.07%-0.60%-50.00%
24FHNFirst Horizon CORPStock-Financials2.05%+2.05%NEW
25VOYAVoya Financial INCStock-Financials1.95%-0.09%-40.74%
26AFGAmerican Financial Group INCStock-Financials1.88%+1.88%NEW
27TMHCTaylor Morrison Home CORPStock-Consumer Disc1.73%+1.73%NEW
28AELUSDAmerican Equity Invt Life HlStock-Other1.58%+1.58%NEW
29MHOM/i Homes INCStock-Consumer Disc1.50%+1.50%NEW
30CNACna Financial CORPStock-Other1.48%+1.48%NEW
31MKLMarkel Group INCStock-Financials1.46%+1.46%NEW
32ESNTEssent Group Ltd.Stock-Financials1.27%+1.27%NEW
33BGCPEURBgc Partners Inc-cl AStock-Other1.04%-1.29%-66.67%
34WFCWells Fargo & CoStock-Financials0.90%+0.90%NEW
35OCFCOceanfirst Financial CORPStock-Other0.51%——
36QCRHQcr Holdings INCStock-Other0.17%——

Holding changes this quarter

Seacliff Capital, LLC's most significant position changes for 2019-03-31: Sold out: Pinnacle Financial Partners, Inc. (PNFP); Sold out: M & T Bank CORP (MTB); Sold out: Zions Bancorp NA (ZION); Sold out: William Lyon Homes-cl A (WLHUSD); Sold out: Athene Holding Ltd. 7.250% Fixe (ATHS).

Position changes disclosed by Seacliff Capital, LLC for the quarter ending 2019-03-31, including ticker, issuer, weight change, shares change, and action
#TickerIssuerWeight ChangeShares ChangeAction
1ONDKOn Deck Capital INC+6.2%+1150.00%Add
2IVZInvesco Ltd.+3.1%+50.00%Add
3VIRTVirtu Financial Inc-class A+1.4%+100.00%Add
4CFGCitizens Financial Group+0.3%-25.00%Trim
5VOYAVoya Financial INC-0.1%-40.74%Trim
6MFCManulife Financial CORP-0.6%-50.00%Trim
7HIGHartford Insurance Group INC-0.9%-50.00%Trim
8WTFCWintrust Financial CORP-1.1%-40.00%Trim
9BGCPEURBgc Partners Inc-cl A-1.3%-66.67%Trim
10SYU1Synovus Financial CORP-3.8%-69.09%Trim
11✓ Iberiabank CORP-5%-71.43%Trim
12PNFPPinnacle Financial Partners, Inc.—EXITSold out
13MTBM & T Bank CORP—EXITSold out
14ZIONZions Bancorp NA—EXITSold out
15WLHUSDWilliam Lyon Homes-cl A—EXITSold out
16ATHSAthene Holding Ltd. 7.250% Fixe—EXITSold out
17AIGAmerican International Group—EXITSold out
18ICEIntercontinental Exchange In—EXITSold out
19USBUS Bancorp—NEWNew buy
20SANBanco Santander Sa-spon Adr—NEWNew buy
21AMPAmeriprise Financial INC—EXITSold out
22IBTXUSDIndependent Bank Group INC—NEWNew buy
23TRTN-PATriton International Limited—NEWNew buy
24PNCPnc Financial Services Group—NEWNew buy
25LAZLazard, Inc.—NEWNew buy
26ARESAres Management CORP - A—EXITSold out
27TRVTravelers Cos Inc/the—NEWNew buy
28UNMUnum Group—NEWNew buy
29MTGMgic Investment CORP—NEWNew buy
30ASBAssociated Banc-corp—NEWNew buy
31LNCLincoln National CORP—EXITSold out
32RNRRenaissanceRe Holdings Ltd.—EXITSold out
33FHBFirst Hawaiian INC—NEWNew buy
34WBSWebster Financial CORP—EXITSold out
35HOMBHome Bancshares INC—EXITSold out
36SYFSynchrony Financial—NEWNew buy
37FHNFirst Horizon CORP—NEWNew buy
38KMPRKemper CORP—EXITSold out
39AFGAmerican Financial Group INC—NEWNew buy
40TMHCTaylor Morrison Home CORP—NEWNew buy
41AELUSDAmerican Equity Invt Life Hl—NEWNew buy
42MHOM/i Homes INC—NEWNew buy
43CNACna Financial CORP—NEWNew buy
44MKLMarkel Group INC—NEWNew buy
45FHIFederated Hermes INC—EXITSold out
46ESNTEssent Group Ltd.—NEWNew buy
47JRVRJames River Group Holdings, Inc.—EXITSold out
48WFCWells Fargo & Co—NEWNew buy
49TEAMAtlassian Corporation—EXITSold out
50MFINMedallion Financial CORP—EXITSold out

FAQ

What is Seacliff Capital, LLC and what type of investor is it?
Seacliff Capital, 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 (2019-03-31), the firm manages a tracked equity portfolio valued at approximately $102.3M, spread across 36 disclosed positions.
What are Seacliff Capital, LLC's largest equity positions?
Based on the latest 13F filing, Seacliff Capital, LLC's top holdings by market value are: 1. On Deck Capital INC (ONDK) — $6.8M (6.6%) 2. Invesco Ltd. (IVZ) — $5.8M (5.7%) 3. Citizens Financial Group (CFG) — $4.9M (4.8%) 4. US Bancorp (USB) — $4.8M (4.7%) 5. Banco Santander Sa-spon Adr (SAN) — $4.6M (4.5%)
What changes did Seacliff Capital, LLC make in its most recent portfolio filing?
In the latest reported quarter, Seacliff Capital, LLC made 50 notable position adjustments: 21 new positions were initiated, 3 existing holdings were added to, 8 positions were partially reduced, and 18 were completely exited. The largest of these moves: Sold out: Pinnacle Financial Partners, Inc. (PNFP); Sold out: M & T Bank CORP (MTB); Sold out: Zions Bancorp NA (ZION); Sold out: William Lyon Homes-cl A (WLHUSD); Sold out: Athene Holding Ltd. 7.250% Fixe (ATHS)
What sectors does Seacliff Capital, LLC focus on?
Seacliff Capital, LLC is concentrated in the following sectors based on its current disclosed equity portfolio: • Financials: 100.0%