Marquard & Bahls AG
CIK
1524341
Location
HAMBURG, 2M
Portfolio Value
Small
$676,987,290
Diversification
Highly concentrated
Filing Date
Global Rank
#1,794
/ 7,317
▼ 400
Top Industry
Oil & Gas Midstream
86.5%
3Y Alpha vs SPY
-1.6%
Period ended 2 years ago
Filed Feb 9, 2024 · 2y
9 quarters · since Dec 2021
Clone Performance
Jun 2023–Jun 2026 · vs SPYHypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.
Cloned portfolio
+69.5%
SPY
+76.3%
Annualised alpha
-1.6%
Max drawdown
−19.3%
Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.
Portfolio Concentration
2 positions · as of Dec 31, 2023 · Δ vs Sep 30, 2023Top Position
86.5%
−2.9 pts
Top 5
100.0%
0.0 pts
Top 10
100.0%
0.0 pts
HHI
7,667
Highly concentrated−441
Portfolio Trend
9 quarters · across all stocks
Last Quarter's Activity
Export CSVAdded To
Positions the filer increasedNo qualifying positions this quarter.
Trimmed
Positions the filer reduced
1 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| EPD | Enterprise Products Partners L.P. | −7,278,948 | 22,227,566 | $585,696,364 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarterNo qualifying positions this quarter.
Sold Out
Positions the filer fully exitedNo qualifying positions this quarter.
2 positions ·
$676,987,290 total
· as of Dec 31, 2023
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| EPD |
Enterprise Products Partners L.P.
Energy
|
Reduced | 22,227,566 | $585,696,364 | 86.52% | |
| TAC |
Transalta Corp
Utilities
|
Held | 10,985,671 | $91,290,926 | 13.48% |