Premia Global Advisors 13F annual report
Premia Global Advisors is an investment fund managing more than $57.7 million ran by Miguel Sosa. There are currently 43 companies in Mr. Sosa’s portfolio. The largest investments include Bank of America and Citigroup, together worth $17.6 million.
$57.7 million Assets Under Management (AUM)
As of 7th October 2020, Premia Global Advisors’s top holding is 342,645 shares of Bank of America currently worth over $10 million and making up 17.3% of the portfolio value.
Relative to the number of outstanding shares of Bank of America, Premia Global Advisors owns more than approximately 0.1% of the company.
In addition, the fund holds 109,835 shares of Citigroup worth $7.59 million, whose value fell 3.8% in the past six months.
The third-largest holding is Spdr Series Trust (msci Usa Strtgic) worth $3.52 million and the next is Schwab Strategic Tr (us Large-cap Growth Etf) worth $2.66 million, with 31,658 shares owned.
Currently, Premia Global Advisors's portfolio is worth at least $57.7 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 Premia Global Advisors
The Premia Global Advisors office and employees reside in Coral Gables, Florida. According to the last 13-F report filed with the SEC, Miguel Sosa serves as the Principal at Premia Global Advisors.
Recent trades
In the most recent 13F filing, Premia Global Advisors revealed that it had opened a new position in
Packaging Corp and bought 6,331 shares worth $672 thousand.
The investment fund also strengthened its position in Raytheon Co Com New by buying
522 additional shares.
This makes their stake in Raytheon Co Com New total 3,583 shares worth $703 thousand.
On the other hand, there are companies that Premia Global Advisors is getting rid of from its portfolio.
Premia Global Advisors closed its position in Ishares Tr Fltg Rate Nt Etf on 14th November 2019.
It sold the previously owned 32,254 shares for $1.64 million.
Miguel Sosa also disclosed a decreased stake in Bank of America by approximately 0.1%.
This leaves the value of the investment at $10 million and 342,645 shares.
One of the smallest hedge funds
The two most similar investment funds to Premia Global Advisors are Okumus Fund Management and Axar Capital Management L.P.. They manage $57.7 million and $57.5 million respectively.
Miguel Sosa investment strategy
Premia Global Advisors’s portfolio is diversified across 8 sectors.
Currently, their heaviest sector is Finance — making up 30.5% of
the total portfolio value.
The fund focuses on investments in the United States as
23.3% 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
21% 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 $112 billion.
The complete list of Premia Global Advisors trades based on 13F SEC filings
These positions were updated on November 14th 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 |
|---|---|---|---|
| Bank of America Corp. |
5.46%
342,645
|
$9,995,000 | 17.31% |
| Citigroup, Inc. |
No change
109,835
|
$7,587,000 | 13.14% |
| Spdr Series Trust (msci Usa Strtgic) |
7.63%
39,638
|
$3,518,000 | 6.09% |
| Schwab Strategic Tr (us Large-cap Growth Etf) |
14.13%
31,658
|
$2,660,000 | 4.61% |
| Wisdomtree Europe Hedged Etf |
4.74%
39,018
|
$2,626,000 | 4.55% |
| First Tr Etf Cap (strength Etf) |
11.10%
43,119
|
$2,448,000 | 4.24% |
| Vanguard Specialized Etf |
8.40%
17,730
|
$2,120,000 | 3.67% |
| First Tr (exchange-traded Fd Iii Horizon Managed Volatility Dev Intl) |
2.90%
50,321
|
$1,675,000 | 2.90% |
| First Tr Nasdaq 100 (technology Index Fd) |
6.88%
19,070
|
$1,669,000 | 2.89% |
| Schwab Strategic Tr (us Large Cap Value Etf) |
14.71%
29,215
|
$1,657,000 | 2.87% |
| Ishares Tr Fltg Rate Nt Etf |
Closed
32,254
|
$1,642,000 | |
| Ishares Us Etf Tr Commod Sel Stg |
Closed
48,962
|
$1,601,000 | |
| Procter & Gamble Co. |
1.01%
10,832
|
$1,347,000 | 2.33% |
| Schwab Fundamental (em L/c) |
6.90%
44,659
|
$1,223,000 | 2.12% |
| Global X Fds Nasdaq (100 Cover) |
8.52%
49,681
|
$1,123,000 | 1.94% |
| First Trust Value Line (divid Index Fd Shs) |
9.92%
31,998
|
$1,116,000 | 1.93% |
| Invesco Exchng (traded Fd Tr Ii S&p Midcp Low) |
5.25%
18,536
|
$975,000 | 1.69% |
| Spdr S&p Health Care (equipment) |
7.19%
12,482
|
$974,000 | 1.69% |
| Consumer Discret Sel Sect Spdr Etf |
4.38%
8,020
|
$968,000 | 1.68% |
| Invesco Exchng (traded Fd Tr Ii S&p Smlcp Low) |
6.41%
19,516
|
$954,000 | 1.65% |
| Financial Select Sector Spdr Etf |
4.54%
25,968
|
$727,000 | 1.26% |
| First Tr Exchange (traded Fd Dow 30 Eql Wgt) |
5.63%
28,992
|
$711,000 | 1.23% |
| Raytheon Co Com New |
17.05%
3,583
|
$703,000 | 1.22% |
| First Trust Cloud Computing Etf |
10.24%
12,082
|
$682,000 | 1.18% |
| Texas Instruments Incorporated |
2.42%
5,254
|
$679,000 | 1.18% |
| Packaging Corp |
Opened
6,331
|
$672,000 | 1.16% |
| First Trust Nyse Arca Biotech Etf |
6.40%
5,218
|
$646,000 | 1.12% |
| Teva Pharmaceutical |
No change
92,375
|
$636,000 | 1.10% |
| Public Storage $0.10 |
Opened
2,586
|
$634,000 | 1.10% |
| Emerson Electric Co. |
6.28%
9,467
|
$633,000 | 1.10% |
| V F Corp |
9.23%
7,104
|
$632,000 | 1.09% |
| C.h. Robinson Worldwide Inc |
8.99%
7,368
|
$625,000 | 1.08% |
| Applied Materials Inc Com Usd0.01 |
Closed
13,918
|
$625,000 | |
| Tiffany &co New Com |
11.35%
6,664
|
$617,000 | 1.07% |
| Honeywell International, Inc. |
Opened
3,629
|
$614,000 | 1.06% |
| Robert Half International, Inc. |
Opened
10,950
|
$609,000 | 1.05% |
| Darden Restaurants, Inc. |
10.05%
5,127
|
$606,000 | 1.05% |
| Snap-On, Inc. |
10.20%
3,804
|
$595,000 | 1.03% |
| Johnson & Johnson |
12.07%
4,597
|
$595,000 | 1.03% |
| Paychex Inc Com Usd0.01 |
Closed
6,393
|
$526,000 | |
| Agnico Eagle Mines Ltd. |
No change
7,263
|
$389,000 | 0.67% |
| Wisdomtree Trust Japan Hedge Eqt |
Closed
7,710
|
$375,000 | |
| First Tr Exch Traded Alphadex Fd Ii Europe Alphadex Fd |
Closed
10,500
|
$370,000 | |
| Ishares Edge Msci Min Vol Emerging Markets Etf |
Closed
5,689
|
$334,000 | |
| First Tr Exchange Traded Fd Iv Low Duration Opportunities Etf |
Closed
6,054
|
$312,000 | |
| Advisorshares Tr (advisorshs Etf) |
No change
6,469
|
$308,000 | 0.53% |
| Kayne Anderson Mlp Investment Company |
38.25%
17,100
|
$247,000 | 0.43% |
| Ishares Iboxx Investment Grade Corporate Bond Etf |
Closed
1,799
|
$223,000 | |
| First Trust Technology Alphadex Etf |
43.65%
3,133
|
$204,000 | 0.35% |
| Alps Etf Tr Alerian (mlp Etf) |
Opened
17,802
|
$163,000 | 0.28% |
| Osisko Gold |
No change
10,000
|
$93,000 | 0.16% |
| Yamana Gold, Inc. |
No change
26,470
|
$84,000 | 0.15% |
| No transactions found | |||
| Showing first 500 out of 52 holdings | |||
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