# Selz Capital LLC

> Institutional holdings reported to the SEC as of Q4 2019 on Form 13F. CIK 1288125. Source: https://holderbook.com/funds/1288125-selz-capital-llc/

- Reported value: $569.8M
- Positions: 62
- Weight of the ten largest: 47.8%
- Filed: 2020-01-16

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 |
|---|---|---|---|---|---|
| AIR LEASE CORP | [AL](https://holderbook.com/stocks/AL/) | $48.0M | 1,010,000 | 8.4% | 5 |
| SPX CORP | [SPXCXXXX](https://holderbook.com/stocks/SPXCXXXX/) | $36.5M | 716,444 | 6.4% | 5 |
| TRILOGY METALS INC NEW | [TMQ](https://holderbook.com/stocks/TMQ/) | $34.0M | 13,093,262 | 6.0% | 5 |
| ATHENE HLDG LTD | [ATH](https://holderbook.com/stocks/ATH/) | $26.6M | 565,200 | 4.7% | 5 |
| WILLSCOT CORP | [WSC](https://holderbook.com/stocks/WSC/) | $25.8M | 1,397,800 | 4.5% | 5 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $25.5M | 13,800 | 4.5% | 5 |
| AMERICAN AIRLINES GROUP INC | [AAL](https://holderbook.com/stocks/AAL/) | $24.2M | 845,000 | 4.3% | 1 |
| WPX ENERGY INC | [WPX](https://holderbook.com/stocks/WPX/) | $19.2M | 1,395,626 | 3.4% | 5 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $17.0M | 75,000 | 3.0% | 1 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $15.3M | 97,000 | 2.7% | 5 |
| UNION PAC CORP | [UNP](https://holderbook.com/stocks/UNP/) | $15.0M | 83,000 | 2.6% | 1 |
| LENNOX INTL INC | [LII](https://holderbook.com/stocks/LII/) | $13.2M | 54,084 | 2.3% | 1 |
| HEICO CORP NEW | [HEI](https://holderbook.com/stocks/HEI/) | $12.3M | 107,500 | 2.2% | 1 |
| SLACK TECHNOLOGIES INC | [WORK](https://holderbook.com/stocks/WORK/) | $12.2M | 542,000 | 2.1% | 1 |
| LIBERTY MEDIA CORP DEL | [LSXMKXXXX](https://holderbook.com/stocks/LSXMKXXXX/) | $11.1M | 230,250 | 1.9% | 5 |
| NEXSTAR MEDIA GROUP INC | [NXST](https://holderbook.com/stocks/NXST/) | $10.7M | 91,600 | 1.9% | 4 |
| CME GROUP INC | [CME](https://holderbook.com/stocks/CME/) | $10.6M | 53,000 | 1.9% | 1 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $10.4M | 7,800 | 1.8% | 5 |
| FIDELITY NATL INFORMATION SV | [FIS](https://holderbook.com/stocks/FIS/) | $10.2M | 73,000 | 1.8% | 1 |
| SINCLAIR BROADCAST GROUP INC | [SBGI](https://holderbook.com/stocks/SBGI/) | $9.7M | 291,600 | 1.7% | 2 |
| FEDEX CORP | [FDX](https://holderbook.com/stocks/FDX/) | $9.5M | 63,000 | 1.7% | 1 |
| BARRICK GOLD CORP | [GOLD](https://holderbook.com/stocks/GOLD/) | $9.3M | 500,000 | 1.6% | 4 |
| CROWDSTRIKE HLDGS INC | [CRWD](https://holderbook.com/stocks/CRWD/) | $9.1M | 182,000 | 1.6% | 2 |
| WASTE CONNECTIONS INC | [WCN](https://holderbook.com/stocks/WCN/) | $9.0M | 99,500 | 1.6% | 1 |
| RINGCENTRAL INC | [RNG](https://holderbook.com/stocks/RNG/) | $8.6M | 51,200 | 1.5% | 2 |
| EVEREST GROUP LTD | [EG](https://holderbook.com/stocks/EG/) | $8.3M | 30,000 | 1.5% | 5 |
| GRACO INC | [GGG](https://holderbook.com/stocks/GGG/) | $7.8M | 149,600 | 1.4% | 1 |
| WORKDAY INC | [WDAY](https://holderbook.com/stocks/WDAY/) | $7.7M | 46,699 | 1.3% | 1 |
| SEA LTD | [SE](https://holderbook.com/stocks/SE/) | $7.6M | 189,000 | 1.3% | 1 |
| LIBERTY MEDIA CORP DEL | [LSXMAXXXX](https://holderbook.com/stocks/LSXMAXXXX/) | $7.5M | 156,000 | 1.3% | 5 |
| ATLASSIAN CORP PLC | [TEAMXXXX](https://holderbook.com/stocks/TEAMXXXX/) | $7.3M | 61,000 | 1.3% | 1 |
| FLEXION THERAPEUTICS INC | [FLXN](https://holderbook.com/stocks/FLXN/) | $7.0M | 340,000 | 1.2% | 4 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $6.6M | 30,000 | 1.1% | 1 |
| CROWN HLDGS INC | [CCK](https://holderbook.com/stocks/CCK/) | $6.5M | 90,000 | 1.1% | 4 |
| GCI LIBERTY INC | [GLIBA](https://holderbook.com/stocks/GLIBA/) | $6.2M | 88,100 | 1.1% | 5 |
| MONGODB INC | [MDB](https://holderbook.com/stocks/MDB/) | $6.2M | 47,200 | 1.1% | 1 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $5.9M | 122,200 | 1.0% | 1 |
| ISHARES SILVER TR | [SLV](https://holderbook.com/stocks/SLV/) | $5.8M | 350,000 | 1.0% | 2 |
| ALTERYX INC | [AYX](https://holderbook.com/stocks/AYX/) | $5.4M | 54,000 | 0.9% | 1 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $4.9M | 15,000 | 0.9% | 5 |
| ANAPLAN INC | [PLAN](https://holderbook.com/stocks/PLAN/) | $4.7M | 89,300 | 0.8% | 1 |
| LIBERTY BROADBAND CORP | [LBRDK](https://holderbook.com/stocks/LBRDK/) | $4.5M | 36,000 | 0.8% | 5 |
| VONAGE HLDGS CORP | [VG](https://holderbook.com/stocks/VG/) | $2.8M | 377,330 | 0.5% | 1 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $2.7M | 9,000 | 0.5% | 2 |
| VANECK ETF TRUST | [GDX](https://holderbook.com/stocks/GDX/) | $2.4M | 83,000 | 0.4% | 4 |
| WHEATON PRECIOUS METALS CORP | [WPM](https://holderbook.com/stocks/WPM/) | $2.4M | 80,000 | 0.4% | 2 |
| LIBERTY BROADBAND CORP | [LBRDA](https://holderbook.com/stocks/LBRDA/) | $2.2M | 18,000 | 0.4% | 5 |
| ZOOM COMMUNICATIONS INC | [ZM](https://holderbook.com/stocks/ZM/) | $1.8M | 26,000 | 0.3% | 1 |
| CAREDX INC | [CDNA](https://holderbook.com/stocks/CDNA/) | $1.8M | 81,800 | 0.3% | 1 |
| OXFORD LANE CAP CORP | [OXLCXXXX](https://holderbook.com/stocks/OXLCXXXX/) | $1.6M | 200,000 | 0.3% | 1 |
| PAYPAL HLDGS INC | [PYPL](https://holderbook.com/stocks/PYPL/) | $1.6M | 15,000 | 0.3% | 5 |
| UNITED RENTALS INC | [URI](https://holderbook.com/stocks/URI/) | $1.1M | 6,300 | 0.2% | 5 |
| CARMAX INC | [KMX](https://holderbook.com/stocks/KMX/) | $876.0K | 10,000 | 0.2% | 4 |
| OXFORD SQUARE CAP CORP | [OXSQ](https://holderbook.com/stocks/OXSQ/) | $843.0K | 155,000 | 0.1% | 5 |
| CABOT MICROELECTRONICS CORP | [CCMPXXXX](https://holderbook.com/stocks/CCMPXXXX/) | $822.0K | 5,700 | 0.1% | 1 |
| USA TECHNOLOGIES INC | [USAT](https://holderbook.com/stocks/USAT/) | $733.0K | 99,100 | 0.1% | 1 |
| LIBERTY MEDIA CORP DEL | [BATRKXXXX](https://holderbook.com/stocks/BATRKXXXX/) | $725.0K | 24,553 | 0.1% | 5 |
| CONSTELLATION PHARMCETICLS I | [CNST](https://holderbook.com/stocks/CNST/) | $610.0K | 12,959 | 0.1% | 1 |
| CANOPY GROWTH CORP | [CGC](https://holderbook.com/stocks/CGC/) | $527.0K | 25,000 | 0.1% | 1 |
| ENVIRI CORP | [NVRI](https://holderbook.com/stocks/NVRI/) | $483.0K | 21,000 | 0.1% | 1 |
| VENATOR MATLS PLC | [VNTRF](https://holderbook.com/stocks/VNTRF/) | $469.0K | 122,584 | 0.1% | 1 |
| CALL (AAL) AMERICAN AIRLINES J | - | $212.0K | 14,192 | 0.0% | 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 |
|---|---|---|---|---|
| Q4 2019 | +15.4% | +8.5% | +6.9% | 97% |
| Q3 2019 | -5.0% | +1.3% | -6.3% | 99% |
| Q2 2019 | +5.8% | +3.7% | +2.1% | 99% |
| Q1 2019 | +17.5% | +13.0% | +4.4% | 99% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q4 2019 | $569.8M | 62 |
| Q3 2019 | $397.2M | 48 |
| Q2 2019 | $370.2M | 45 |
| Q1 2019 | $523.3M | 65 |
| Q4 2018 | $339.8M | 53 |