# FIRST QUADRANT LLC/CA

> Institutional holdings reported to the SEC as of Q1 2022 on Form 13F. CIK 1014736. Source: https://holderbook.com/funds/1014736-first-quadrant-llc-ca/

- Reported value: $18.0M
- Positions: 136
- Weight of the ten largest: 75.2%
- Filed: 2022-04-21

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| ISHARES TR | [TIP](https://holderbook.com/stocks/TIP/) | $4.7M | 37,802 | 26.1% | 6 |
| ISHARES TR | [HYG](https://holderbook.com/stocks/HYG/) | $2.3M | 28,295 | 12.9% | 10 |
| SWEDISH EXPT CR CORP | [RJI](https://holderbook.com/stocks/RJI/) | $1.4M | 156,015 | 7.6% | 10 |
| BARCLAYS BANK PLC | [DJP](https://holderbook.com/stocks/DJP/) | $1.3M | 34,795 | 7.1% | 10 |
| SPDR SERIES TRUST | [WIP](https://holderbook.com/stocks/WIP/) | $1.2M | 22,516 | 6.7% | 6 |
| VANGUARD INDEX FDS | [VNQ](https://holderbook.com/stocks/VNQ/) | $975.0K | 9,001 | 5.4% | 6 |
| DEUTSCHE BK AG LONDON BRH | [DGP](https://holderbook.com/stocks/DGP/) | $664.0K | 15,165 | 3.7% | 10 |
| ISHARES TR | [IGF](https://holderbook.com/stocks/IGF/) | $349.0K | 6,859 | 1.9% | 6 |
| VANECK ETF TRUST | [GDX](https://holderbook.com/stocks/GDX/) | $338.0K | 8,826 | 1.9% | 6 |
| VANECK ETF TRUST | [HAP](https://holderbook.com/stocks/HAP/) | $331.0K | 6,032 | 1.8% | 6 |
| SELECT SECTOR SPDR TR | [XLB](https://holderbook.com/stocks/XLB/) | $330.0K | 3,745 | 1.8% | 6 |
| VANGUARD INTL EQUITY INDEX F | [VNQI](https://holderbook.com/stocks/VNQI/) | $109.0K | 2,101 | 0.6% | 6 |
| AVIS BUDGET GROUP INC | [CAR](https://holderbook.com/stocks/CAR/) | $57.0K | 216 | 0.3% | 1 |
| MATSON INC | [MATX](https://holderbook.com/stocks/MATX/) | $48.0K | 401 | 0.3% | 1 |
| ALIGNMENT HEALTHCARE INC | [ALHC](https://holderbook.com/stocks/ALHC/) | $47.0K | 4,203 | 0.3% | 1 |
| PACIRA BIOSCIENCES INC | [PCRX](https://holderbook.com/stocks/PCRX/) | $47.0K | 610 | 0.3% | 2 |
| OPENDOOR TECHNOLOGIES INC | [OPEN](https://holderbook.com/stocks/OPEN/) | $46.0K | 5,270 | 0.3% | 1 |
| HAWAIIAN HOLDINGS INC | [HA](https://holderbook.com/stocks/HA/) | $45.0K | 2,295 | 0.2% | 1 |
| JETBLUE AIRWAYS CORP | [JBLU](https://holderbook.com/stocks/JBLU/) | $45.0K | 2,991 | 0.2% | 14 |
| UNITED STATES STL CORP NEW | [X](https://holderbook.com/stocks/X/) | $45.0K | 1,190 | 0.2% | 1 |
| EQUITRANS MIDSTREAM CORP | [ETRN](https://holderbook.com/stocks/ETRN/) | $44.0K | 5,229 | 0.2% | 1 |
| HERITAGE INSURANCE HLDGS INC | [HRTG](https://holderbook.com/stocks/HRTG/) | $44.0K | 6,121 | 0.2% | 1 |
| CHORD ENERGY CORPORATION | [CHRD](https://holderbook.com/stocks/CHRD/) | $44.0K | 298 | 0.2% | 2 |
| RAYONIER ADVANCED MATLS INC | [RYAM](https://holderbook.com/stocks/RYAM/) | $44.0K | 6,698 | 0.2% | 1 |
| OPTIMUM COMMUNICATIONS INC | [OPTU](https://holderbook.com/stocks/OPTU/) | $43.0K | 3,425 | 0.2% | 1 |
| AUTOZONE INC | [AZO](https://holderbook.com/stocks/AZO/) | $43.0K | 21 | 0.2% | 14 |
| BRISTOL-MYERS SQUIBB CO | [BMY](https://holderbook.com/stocks/BMY/) | $43.0K | 584 | 0.2% | 14 |
| CARDINAL HEALTH INC | [CAH](https://holderbook.com/stocks/CAH/) | $43.0K | 757 | 0.2% | 9 |
| CONDUENT INC | [CNDT](https://holderbook.com/stocks/CNDT/) | $43.0K | 8,241 | 0.2% | 1 |
| CONSOLIDATED COMM HLDGS INC | [CNSL](https://holderbook.com/stocks/CNSL/) | $43.0K | 7,309 | 0.2% | 1 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $43.0K | 522 | 0.2% | 14 |
| FULGENT GENETICS INC | [FLGT](https://holderbook.com/stocks/FLGT/) | $43.0K | 690 | 0.2% | 1 |
| INNOVIVA INC | [INVA](https://holderbook.com/stocks/INVA/) | $43.0K | 2,224 | 0.2% | 2 |
| LIBERTY TRIPADVISOR HLDGS IN | [LTRPA](https://holderbook.com/stocks/LTRPA/) | $43.0K | 20,782 | 0.2% | 1 |
| SKYWEST INC | [SKYW](https://holderbook.com/stocks/SKYW/) | $43.0K | 1,491 | 0.2% | 1 |
| AMERICAN ELEC PWR CO INC | [AEP](https://holderbook.com/stocks/AEP/) | $42.0K | 423 | 0.2% | 1 |
| HP INC | [HPQ](https://holderbook.com/stocks/HPQ/) | $42.0K | 1,159 | 0.2% | 6 |
| UNITED PARKS & RESORTS INC | [PRKS](https://holderbook.com/stocks/PRKS/) | $42.0K | 558 | 0.2% | 1 |
| ALPHA & OMEGA SEMICONDUCTOR | [AOSL](https://holderbook.com/stocks/AOSL/) | $42.0K | 760 | 0.2% | 1 |
| JABIL INC | [JBL](https://holderbook.com/stocks/JBL/) | $41.0K | 666 | 0.2% | 1 |
| SCULPTOR CAP MGMT | [SCU](https://holderbook.com/stocks/SCU/) | $41.0K | 2,945 | 0.2% | 1 |
| SIGNET JEWELERS LIMITED | [SIG](https://holderbook.com/stocks/SIG/) | $41.0K | 559 | 0.2% | 2 |
| INTERACTIVE BROKERS GROUP IN | [IBKR](https://holderbook.com/stocks/IBKR/) | $40.0K | 611 | 0.2% | 1 |
| LUMEN TECHNOLOGIES INC | [LUMN](https://holderbook.com/stocks/LUMN/) | $40.0K | 3,505 | 0.2% | 1 |
| O-I GLASS INC | [OI](https://holderbook.com/stocks/OI/) | $40.0K | 3,007 | 0.2% | 1 |
| REINSURANCE GROUP AMER INC | [RGA](https://holderbook.com/stocks/RGA/) | $39.0K | 354 | 0.2% | 14 |
| VECTOR GROUP LTD | [VGR](https://holderbook.com/stocks/VGR/) | $39.0K | 3,272 | 0.2% | 1 |
| AGILITI INC | [AGTI](https://holderbook.com/stocks/AGTI/) | $38.0K | 1,824 | 0.2% | 1 |
| AMKOR TECHNOLOGY INC | [AMKR](https://holderbook.com/stocks/AMKR/) | $38.0K | 1,732 | 0.2% | 1 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $38.0K | 234 | 0.2% | 14 |
| CORVEL CORP | [CRVL](https://holderbook.com/stocks/CRVL/) | $38.0K | 226 | 0.2% | 14 |
| HERC HLDGS INC | [HRI](https://holderbook.com/stocks/HRI/) | $38.0K | 229 | 0.2% | 1 |
| PERDOCEO ED CORP | [PRDO](https://holderbook.com/stocks/PRDO/) | $38.0K | 3,289 | 0.2% | 1 |
| PITNEY BOWES INC | [PBI](https://holderbook.com/stocks/PBI/) | $38.0K | 7,223 | 0.2% | 1 |
| SCIPLAY CORPORATION | [SCPL](https://holderbook.com/stocks/SCPL/) | $38.0K | 2,905 | 0.2% | 2 |
| U S XPRESS ENTERPRISES INC | [USX](https://holderbook.com/stocks/USX/) | $38.0K | 9,889 | 0.2% | 1 |
| TRITON INTL LTD | [TRTN](https://holderbook.com/stocks/TRTN/) | $38.0K | 548 | 0.2% | 1 |
| DAUCH CORP | [DCH](https://holderbook.com/stocks/DCH/) | $37.0K | 4,714 | 0.2% | 1 |
| AMNEAL PHARMACEUTICALS INC | [AMRX](https://holderbook.com/stocks/AMRX/) | $37.0K | 8,791 | 0.2% | 1 |
| ATLAS AIR WORLDWIDE HLDGS IN | [AAWW](https://holderbook.com/stocks/AAWW/) | $37.0K | 431 | 0.2% | 1 |
| CARROLS RESTAURANT GROUP INC | [TAST](https://holderbook.com/stocks/TAST/) | $37.0K | 16,212 | 0.2% | 1 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $37.0K | 744 | 0.2% | 14 |
| KRISPY KREME INC | [DNUT](https://holderbook.com/stocks/DNUT/) | $37.0K | 2,463 | 0.2% | 1 |
| RYDER SYS INC | [R](https://holderbook.com/stocks/R/) | $37.0K | 463 | 0.2% | 8 |
| TITAN MACHY INC | [TITN](https://holderbook.com/stocks/TITN/) | $37.0K | 1,324 | 0.2% | 1 |
| XPERI HOLDING CORP | [M103TBA](https://holderbook.com/stocks/M103TBA/) | $37.0K | 2,131 | 0.2% | 3 |
| ADT INC DEL | [ADT](https://holderbook.com/stocks/ADT/) | $36.0K | 4,695 | 0.2% | 1 |
| HEIDRICK & STRUGGLES INTL IN | [HSII](https://holderbook.com/stocks/HSII/) | $36.0K | 903 | 0.2% | 1 |
| HEWLETT PACKARD ENTERPRISE C | [HPE](https://holderbook.com/stocks/HPE/) | $36.0K | 2,177 | 0.2% | 1 |
| INFRA AND ENERGY ALTRNTIVE I | [IEA](https://holderbook.com/stocks/IEA/) | $36.0K | 3,046 | 0.2% | 1 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $36.0K | 459 | 0.2% | 1 |
| PLAINS GP HLDGS L P | [PAGP](https://holderbook.com/stocks/PAGP/) | $36.0K | 3,105 | 0.2% | 1 |
| TELEPHONE & DATA SYS INC | [TDS](https://holderbook.com/stocks/TDS/) | $36.0K | 1,892 | 0.2% | 1 |
| TRAVELCENTERS OF AMERICA INC | [TA](https://holderbook.com/stocks/TA/) | $36.0K | 849 | 0.2% | 1 |
| ENDO INTL PLC | [ENDPQ](https://holderbook.com/stocks/ENDPQ/) | $36.0K | 15,672 | 0.2% | 1 |
| BREAD FINANCIAL HOLDINGS INC | [BFH](https://holderbook.com/stocks/BFH/) | $35.0K | 626 | 0.2% | 1 |
| COWEN INC | [COWN](https://holderbook.com/stocks/COWN/) | $35.0K | 1,287 | 0.2% | 1 |
| DELL TECHNOLOGIES INC | [DELL](https://holderbook.com/stocks/DELL/) | $35.0K | 695 | 0.2% | 5 |
| HAYWARD HLDGS INC | [HAYW](https://holderbook.com/stocks/HAYW/) | $35.0K | 2,110 | 0.2% | 1 |
| HESS MIDSTREAM LP | [HESM](https://holderbook.com/stocks/HESM/) | $35.0K | 1,179 | 0.2% | 1 |
| LANNET INC | [LCIXXXX](https://holderbook.com/stocks/LCIXXXX/) | $35.0K | 44,421 | 0.2% | 1 |
| QURATE RETAIL INC | [QVCGAXXXX](https://holderbook.com/stocks/QVCGAXXXX/) | $35.0K | 7,328 | 0.2% | 1 |
| ANYWHERE REAL ESTATE INC | [HOUS](https://holderbook.com/stocks/HOUS/) | $35.0K | 2,264 | 0.2% | 1 |
| SELECT MED HLDGS CORP | [SEM](https://holderbook.com/stocks/SEM/) | $35.0K | 1,461 | 0.2% | 1 |
| STONEX GROUP INC | [SNEX](https://holderbook.com/stocks/SNEX/) | $35.0K | 470 | 0.2% | 1 |
| ATKORE INC | [ATKR](https://holderbook.com/stocks/ATKR/) | $34.0K | 345 | 0.2% | 2 |
| RETAIL VALUE INC | [RVIC](https://holderbook.com/stocks/RVIC/) | $34.0K | 11,184 | 0.2% | 1 |
| RITE AID CORP | [RADCQ](https://holderbook.com/stocks/RADCQ/) | $34.0K | 3,840 | 0.2% | 8 |
| TARGET CORP | [TGT](https://holderbook.com/stocks/TGT/) | $34.0K | 161 | 0.2% | 2 |
| 3M CO | [MMM](https://holderbook.com/stocks/MMM/) | $34.0K | 231 | 0.2% | 1 |
| ARROW ELECTRS INC | [ARW](https://holderbook.com/stocks/ARW/) | $33.0K | 274 | 0.2% | 14 |
| EBAY INC. | [EBAY](https://holderbook.com/stocks/EBAY/) | $33.0K | 578 | 0.2% | 14 |
| ENCORE WIRE CORP | [WIRE](https://holderbook.com/stocks/WIRE/) | $33.0K | 288 | 0.2% | 2 |
| GROUP 1 AUTOMOTIVE INC | [GPI](https://holderbook.com/stocks/GPI/) | $33.0K | 199 | 0.2% | 1 |
| PENSKE AUTOMOTIVE GRP INC | [PAG](https://holderbook.com/stocks/PAG/) | $33.0K | 352 | 0.2% | 1 |
| ENSTAR GROUP LIMITED | [ESGR](https://holderbook.com/stocks/ESGR/) | $33.0K | 128 | 0.2% | 1 |
| MOELIS & CO | [MC](https://holderbook.com/stocks/MC/) | $32.0K | 685 | 0.2% | 2 |
| REALTY INCOME CORP | [O](https://holderbook.com/stocks/O/) | $32.0K | 462 | 0.2% | 2 |
| VAREX IMAGING CORP | [VREX](https://holderbook.com/stocks/VREX/) | $32.0K | 1,496 | 0.2% | 3 |
| GRAN TIERRA ENERGY INC | [GTE](https://holderbook.com/stocks/GTE/) | $31.0K | 19,525 | 0.2% | 1 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q1 2022 | -4.7% | -4.9% | +0.2% | 100% |
| Q4 2021 | +9.9% | +10.7% | -0.8% | 100% |
| Q3 2021 | -0.6% | +0.3% | -0.8% | 99% |
| Q2 2021 | +7.5% | +8.0% | -0.5% | 100% |
| Q1 2021 | +5.3% | +6.0% | -0.7% | 100% |
| Q4 2020 | +13.5% | +11.6% | +1.9% | 100% |
| Q3 2020 | +6.3% | +8.6% | -2.3% | 100% |
| Q2 2020 | +20.5% | +19.6% | +0.8% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q1 2022 | $18.0M | 136 |
| Q4 2021 | $929.7M | 500 |
| Q3 2021 | $856.9M | 515 |
| Q2 2021 | $870.8M | 509 |
| Q1 2021 | $940.3M | 565 |
| Q4 2020 | $1.0B | 575 |
| Q3 2020 | $783.1M | 615 |
| Q2 2020 | $745.4M | 701 |
| Q1 2020 | $687.1M | 635 |
| Q4 2019 | $1.2B | 566 |
| Q3 2019 | $1.1B | 579 |
| Q2 2019 | $1.4B | 694 |