Shoals Capital Management L.P. 13F annual report

Shoals Capital Management L.P. is an investment fund managing more than $9.81 million ran by Raymond Jr.. There is currently 1 company in Mr. Jr.’s portfolio. The largest and only investment include Jernigan Capital worth $9.81 million.

$9.81 million Assets Under Management (AUM)

As of 7th October 2020, Shoals Capital Management L.P.’s top holding is 894,861 shares of Jernigan Capital currently worth over $9.81 million and making up 100.0% of the portfolio value. Relative to the number of outstanding shares of Jernigan Capital, Shoals Capital Management L.P. owns more than approximately 0.1% of the company.

Currently, Shoals Capital Management L.P.'s portfolio is worth at least $9.81 million. The total portfolio value may be much higher due to cash assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.

Careers at Shoals Capital Management L.P.

The Shoals Capital Management L.P. office and employees reside in Arlington, Virginia. According to the last 13-F report filed with the SEC, Raymond Jr. serves as the Chief Operating Officer at Shoals Capital Management L.P..

Recent trades

There are companies that Shoals Capital Management L.P. is getting rid of from its portfolio. Shoals Capital Management L.P. closed its position in CyrusOne on 13th May 2020. It sold the previously owned 160,000 shares for $10.5 million. Raymond Jr. also disclosed a decreased stake in Jernigan Capital by 0.2%. This leaves the value of the investment at $9.81 million and 894,861 shares.

One of the smallest hedge funds

The two most similar investment funds to Shoals Capital Management L.P. are Castleton Investment Management and 1060 Capital. They manage $9.75 million and $9.88 million respectively.

Raymond Jr. investment strategy

Shoals Capital Management L.P.’s portfolio is diversified across 1 sector. Currently, their heaviest sector is Real Estate — making up 100.0% of the total portfolio value. The fund focuses on investments in the United States as 100.0% of the portfolio companies are based in the United States.

The majority of the companies in the fund’s portfolio are large-cap stocks. Stocks with a size of more than $10 billion in market cap make up approximately 0.1% of the total holdings value. On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio. The average market cap of the portfolio companies is close to $399 million.

The complete list of Shoals Capital Management L.P. trades based on 13F SEC filings

These positions were updated on May 13th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.

Security	Shares Owned	Value	Allocation
CyrusOne, Inc.	Closed 160,000	$10,469,000
Popular, Inc.	Closed 170,000	$9,988,000
Jernigan Capital, Inc.	18.65% 894,861	$9,808,000	100.00%
Great Ajax Corp.	Closed 650,000	$9,627,000
Innovative Indl Pptys Inc	Closed 6,500	$8,304,000
Oaktree Specialty Lending Corp	Closed 1,505,016	$8,217,000
Hancock Whitney Corp.	Closed 185,000	$8,118,000
Lexington Realty Trust	Closed 760,000	$8,071,000
First Bancorp P R	Closed 750,000	$7,943,000
QTS Realty Trust, Inc.	Closed 50,000	$6,459,000
Cowen, Inc.	Closed 184,103	$2,900,000
Medley Management, Inc.	Closed 111,999	$332,000
No transactions found
Showing first 500 out of 12 holdings