Phoenix Investment Adviser is an investment fund managing more than $27 million ran by Lance Friedler. There are currently 29 companies in Mr. Friedler’s portfolio. The largest investments include Clear Channel Outdoor Hldgs and Bausch Health Cos, together worth $6.84 million.
As of 7th October 2020, Phoenix Investment Adviser’s top holding is 1,617,571 shares of Clear Channel Outdoor Hldgs currently worth over $4.08 million and making up 15.1% of the portfolio value.
In addition, the fund holds 126,414 shares of Bausch Health Cos worth $2.76 million, whose value fell 8.3% in the past six months.
The third-largest holding is Party City Holdco worth $2.43 million and the next is Pyxus International worth $2.4 million, with 183,637 shares owned.
Currently, Phoenix Investment Adviser's portfolio is worth at least $27 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.
The Phoenix Investment Adviser office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Lance Friedler serves as the General Counsel, Chief Compliance Officer at Phoenix Investment Adviser.
In the most recent 13F filing, Phoenix Investment Adviser revealed that it had opened a new position in
Clear Channel Outdoor Hldgs and bought 1,617,571 shares worth $4.08 million.
The investment fund also strengthened its position in Bausch Health Cos by buying
121,500 additional shares.
This makes their stake in Bausch Health Cos total 126,414 shares worth $2.76 million.
Bausch Health Cos dropped 19.5% in the past year.
On the other hand, there are companies that Phoenix Investment Adviser is getting rid of from its portfolio.
Phoenix Investment Adviser closed its position in Ishares Tr on 13th November 2019.
It sold the previously owned 13,959 shares for $2.17 million.
Lance Friedler also disclosed a decreased stake in Pyxus International by 0.1%.
This leaves the value of the investment at $2.4 million and 183,637 shares.
The two most similar investment funds to Phoenix Investment Adviser are Kokino and Spark Investment Management. They manage $27 million and $27.3 million respectively.
Phoenix Investment Adviser’s portfolio is diversified across 9 sectors.
Currently, their heaviest sector is Health Care — making up 19.3% of
the total portfolio value.
The fund focuses on investments in the United States as
44.8% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are small-cap stocks.
Stocks with a size of more than $100 million in market cap make up
7% of the total holdings value.
On the other hand, large-cap stocks make up only 3.4% of the portfolio.
The average market cap of the portfolio companies is close to $32.7 billion.
These positions were updated on November 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 |
|---|---|---|---|
| Clear Channel Outdoor Hldgs |
Opened
1,617,571
|
$4,076,000 | 15.08% |
| Bausch Health Cos., Inc. |
2,472.53%
126,414
|
$2,762,000 | 10.22% |
| Party City Holdco, Inc. |
963.61%
425,445
|
$2,429,000 | 8.99% |
| Pyxus International, Inc. |
11.98%
183,637
|
$2,402,000 | 8.89% |
| Tenet Healthcare Corp. |
2.86%
104,932
|
$2,321,000 | 8.59% |
| EnLink Midstream LLC |
Opened
268,000
|
$2,278,000 | 8.43% |
| Ishares Tr |
Closed
13,959
|
$2,171,000 | |
| Antero Midstream Corp. |
Opened
292,970
|
$2,168,000 | 8.02% |
| Constellium SE |
34.28%
88,400
|
$1,124,000 | 4.16% |
| Hecla Mng Co |
Opened
557,391
|
$981,000 | 3.63% |
| YRC Worldwide, Inc. |
110.49%
264,274
|
$798,000 | 2.95% |
| Stars Group Inc |
14.02%
46,594
|
$698,000 | 2.58% |
| Lsc Communications Inc |
Opened
462,800
|
$639,000 | 2.36% |
| W & T Offshore Inc |
625.00%
145,000
|
$634,000 | 2.35% |
| RH |
Closed
5,000
|
$578,000 | |
| Weight Watchers Intl Inc New |
Closed
27,306
|
$522,000 | |
| WW International, Inc. |
Opened
13,306
|
$503,000 | 1.86% |
| Berkshire Hathaway Inc. |
61.54%
2,406
|
$500,000 | 1.85% |
| Curo Group Hldgs Corp |
71.99%
35,690
|
$474,000 | 1.75% |
| Rite Aid Corp. |
11.89%
60,000
|
$417,000 | 1.54% |
| Fiat Chrysler Automobiles N |
Closed
30,000
|
$415,000 | |
| Northern Oil & Gas Inc Nev |
20.00%
160,000
|
$314,000 | 1.16% |
| Colony Cap Inc New |
No change
45,800
|
$276,000 | 1.02% |
| Penn Va Corp New |
21.05%
7,500
|
$218,000 | 0.81% |
| Louisiana Pac Corp |
Closed
8,000
|
$210,000 | |
| Spdr S&p 500 Etf Tr |
No change
690
|
$205,000 | 0.76% |
| Vanguard Index Fds |
No change
1,340
|
$202,000 | 0.75% |
| Contura Energy, Inc. |
Closed
3,000
|
$156,000 | |
| Cumulus Media, Inc. |
No change
7,553
|
$110,000 | 0.41% |
| Realogy Hldgs Corp |
Opened
16,000
|
$107,000 | 0.40% |
| Blue Apron Holdings, Inc. |
Opened
12,000
|
$101,000 | 0.37% |
| Ishares Tr |
No change
1,580
|
$96,000 | 0.36% |
| Safe Bulkers, Inc. |
Closed
52,000
|
$81,000 | |
| Diamond Offshore Drilling In |
Closed
9,000
|
$80,000 | |
| Coherus BioSciences, Inc. |
Closed
3,500
|
$77,000 | |
| Whiting Pete Corp New |
Closed
4,000
|
$75,000 | |
| Ardmore Shipping Corp. |
Closed
8,800
|
$72,000 | |
| STAAR Surgical Co. |
3.85%
2,700
|
$70,000 | 0.26% |
| Hill-Rom Holdings, Inc. |
No change
650
|
$68,000 | 0.25% |
| Navigator Holdings Ltd. |
38.96%
4,700
|
$50,000 | 0.19% |
| Aerie Pharmaceuticals, Inc. |
Closed
1,300
|
$38,000 | |
| Pioneer Energy Svcs Corp |
Closed
150,000
|
$38,000 | |
| No transactions found | |||
| Showing first 500 out of 42 holdings | |||