Moab Capital Partners 13F annual report

Moab Capital Partners is an investment fund managing more than $10.7 million ran by Michael Rothenberg. There are currently 6 companies in Mr. Rothenberg’s portfolio. The largest investments include Athene Ltd and Air Transport Services Grp I, together worth $7.06 million.

$10.7 million Assets Under Management (AUM)

As of 10th May 2021, Moab Capital Partners’s top holding is 85,686 shares of Athene Ltd currently worth over $4.32 million and making up 40.5% of the portfolio value. Relative to the number of outstanding shares of Athene Ltd, Moab Capital Partners owns more than approximately 0.1% of the company. In addition, the fund holds 93,604 shares of Air Transport Services Grp I worth $2.74 million. The third-largest holding is Amazon.com worth $1.8 million and the next is Alphabet Inc worth $1.24 million, with 600 shares owned.

Currently, Moab Capital Partners's portfolio is worth at least $10.7 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 Moab Capital Partners

The Moab Capital Partners office and employees reside in Short Hills, New Jersey. According to the last 13-F report filed with the SEC, Michael Rothenberg serves as the Managing Director at Moab Capital Partners.

Recent trades

In the most recent 13F filing, Moab Capital Partners revealed that it had opened a new position in Athene Ltd and bought 85,686 shares worth $4.32 million.

On the other hand, there are companies that Moab Capital Partners is getting rid of from its portfolio. Moab Capital Partners closed its position in Viad on 17th May 2021. It sold the previously owned 702,098 shares for $13.4 million. Michael Rothenberg also disclosed a decreased stake in Air Transport Services Grp I by 1.0%. This leaves the value of the investment at $2.74 million and 93,604 shares.

One of the smallest hedge funds

The two most similar investment funds to Moab Capital Partners are Flowers J. Christopher and Trv Gp. They manage $10.7 million and $10.6 million respectively.

Michael Rothenberg investment strategy

Moab Capital Partners’s portfolio is diversified across 5 sectors. Currently, their heaviest sector is Finance — making up 40.5% of the total portfolio value. The fund focuses on investments in the Bermuda as 16.7% of the portfolio companies are based in the Bermuda.

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 83% 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 $1.11 trillion.

The complete list of Moab Capital Partners trades based on 13F SEC filings

These positions were updated on May 17th 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
Viad Corp.	Closed 702,098	$13,354,000
EchoStar Corp	Closed 308,855	$8,636,000
Craft Brew Alliance, Inc.	Closed 331,320	$5,099,000
Athene Holding Ltd	Opened 85,686	$4,319,000	40.54%
Netsol Technologies, Inc.	Closed 1,132,290	$3,057,000
Red Lion Hotels Corporation	Closed 1,206,225	$2,811,000
Air Transport Services Grp I	95.12% 93,604	$2,739,000	25.71%
Cincinnati Bell, Inc.	Closed 52,644	$2,514,000
Amazon.com Inc.	Opened 581	$1,798,000	16.88%
Nam Tai Ppty Inc	Closed 203,164	$1,270,000
Alphabet Inc	Opened 600	$1,238,000	11.62%
Molson Coors Beverage Company	Closed 23,487	$807,000
Apple Inc	Opened 2,700	$330,000	3.10%
Johnson & Johnson	Opened 1,400	$230,000	2.16%
Gildan Activewear Inc	Closed 14,612	$226,000
No transactions found
Showing first 500 out of 15 holdings