Matisse Capital
Q3 2025 13F-HR Holdings
Net value change ($000)
+10,646
(5.0%)
New positions
14
Sold out positions
19
Turnover %
15.1%
Sector allocation + QoQ delta (equities-only)
Snapshot: Change Analysis
Compared to Q2 2025
Methodology:
sector metrics are equities-only;
instrument mix chart is ex-options;
options exposure is shown separately.
Why this matters.
Top Adds (Value $000, Stocks/ETFs)
| PCQ | 6,725 | 517.3% |
| BTX | 3,692 | NEW |
| SWZ | 3,691 | NEW |
| AAPL | 1,745 | 21.7% |
| XFLT | 1,391 | NEW |
| GOOGL | 997 | 38.3% |
| LRCX | 910 | 37.9% |
| China Fund, Inc. | 868 | 24.0% |
| GEV | 813 | NEW |
| TWN | 782 | 20.8% |
Top Reduces (Value $000, Stocks/ETFs)
| PIMCO CALIFORNIA MUNICIPAL INCOME FUND III | -2,365 | -100.0% |
| PIMCO CALIFORNIA MUNICIPAL INCOME FUND II | -1,922 | -100.0% |
| EDD | -1,821 | -100.0% |
| PNI | -1,733 | -100.0% |
| PIMCO NEW YORK MUNICIPAL INCOME FUND | -1,650 | -100.0% |
| PFO | -1,580 | -100.0% |
| SFM | -1,544 | -46.8% |
| PFD | -1,525 | -100.0% |
| FLC | -1,297 | -100.0% |
| OPP | -1,287 | -100.0% |
Instrument mix + QoQ Δ (ex-options)
How this table is calculated:
SEC
VALUE ($000) is used as reported.
For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received.
Column % is bucket-based:
non-options share is calculated inside non-option total, options share is calculated inside options total.
Details.
Filter:
Instrument:
| Issuer Name | Ticker | Sector | Industry | Class | History | Value ($000) | % | Shares | Shares Δ | Shares Δ% | Value Δ ($000) | Value Δ% | Principal | Option Type |
|---|