Steel Canyon Capital, LLC

CIK

1665853

Location

PHOENIX, AZ

Portfolio Value

Micro $57,231,724

Diversification

Diversified

Filing Date

Global Rank

#6,674 / 7,036 ▲ 76 · as of Sep 2023

Top Industry

Entertainment 34.0%

3Y Alpha vs SPY

-14.3%

Period ended 3 years ago

Filed Nov 14, 2023 · 2y

15 quarters · since Mar 2020

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Unknown

Portfolio style

Measured from the filed 13F common-share book for Sep 30, 2023, never from the firm's own description.

Style

Concentrated

The top 10 positions are 77.2% of the book (60%+)

Turnover

High turnover

112.5% over the last four quarters (100%+)

Horizon

Horizon unknown

The value-weighted holding period is at least 5.6 quarters, but 17.9% of the book was already held when coverage starts

Closest benchmark: the Nasdaq-100 as of 2023-09-30, active share 93.2%; sector active share 67.3% against the combined 13F book's sector weights.

Over time 15 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

View clone backtest

Portfolio Concentration

23 tracked positions · as of Sep 30, 2023 · Δ vs Jun 30, 2023

Top Position

21.5%

+9.8 pts

Top 5

51.7%

+11.0 pts

Top 10

78.0%

+5.2 pts

HHI

891

Diversified+226

Portfolio Trend

15 quarters · across all stocks

Sector Breakdown

As of Sep 30, 2023

Sector	% Portfolio	Value	Positions
Communication Services	51.4%	$29,424,233	10
Financial Services	24.9%	$14,271,124	5
Consumer Cyclical	18.8%	$10,760,399	5
Real Estate	2.8%	$1,627,988	2
Unclassified	2.0%	$1,147,980	1

Last Quarter's Activity

Export CSV

Sep 30, 2023 vs Jun 30, 2023

Added To

Positions the filer increased

6 positions

Ticker	Company	Δ Shares	Shares	Value
ACGL	Arch Capital Group Ltd.	+5,002	55,075	$4,390,028
BN	BROOKFIELD Corp	+4,995	25,009	$782,032
GOOG	Alphabet Inc.	+3,060	28,082	$3,702,611
V	Visa Inc.	+1,531	15,070	$3,466,250
AN	Autonation, Inc.	+836	20,036	$3,033,450
ABG	Asbury Automotive Group Inc	+490	24,556	$5,649,598
No positions match the current search.

Trimmed

Positions the filer reduced

5 positions

Ticker	Company	Δ Shares	Shares	Value
DOUG	Douglas Elliman Inc.	−128,424	72,097	$162,939
MSGE	Madison Square Garden Entertainment Corp.	−54,936	32,000	$1,053,120
PGR	Progressive Corp	−10,218	14,827	$2,065,401
LYV	Live Nation Entertainment, Inc.	−7,017	28,000	$2,325,120
BAM	Brookfield Asset Management Ltd.	−6,448	107,001	$3,567,413
No positions match the current search.

New Positions

Positions the filer opened this quarter

11 positions

Ticker	Company	Shares	Value
LSXMA	Liberty Media Corp	240,034	$6,108,865
LSXMK	Liberty Media Corp	170,028	$4,328,913
BATRK	Atlanta Braves Holdings, Inc.	95,026	$3,395,278
—		30,517	$2,786,812
OUT	OUTFRONT Media Inc.	145,048	$1,465,049
—		5,001	$1,147,980
—		720,095	$1,137,750
RH	Rh	4,000	$1,057,440
AAP	Advance Auto Parts Inc	12,529	$700,746
CHTR	Charter Communications, Inc.	1,508	$663,248
UA	Under Armour, Inc.	50,026	$319,165
No positions match the current search.

Sold Out

Positions the filer fully exited

8 positions

Ticker	Company	Shares	Value
AXP	American Express Co	20,048	$3,492,361
USB	US Bancorp De	104,989	$3,468,836
SPGI	S&P Global Inc.	6,808	$2,729,258
FHN	First Horizon Corp	180,023	$2,028,859
SCHW	Schwab Charles Corp	26,589	$1,507,064
TFC	Truist Financial Corp	28,514	$865,399
STGW	Stagwell Inc	45,963	$331,393
OBE	Obsidian Energy Ltd.	8,179	$47,683
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

23 tracked positions · $57,231,724 total · filing declares 30 positions · $58,425,083 · as of Sep 30, 2023

All sectors Communication Services Consumer Cyclical Financial Services Real Estate

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
LSXMA	Liberty Media Corp CALL + SHARES Communication Services	NEW	250,134	NEW	$6,365,910	NEW	1	unpriced	11.12%
LSXMK	Liberty Media Corp CALL + SHARES Communication Services	NEW	232,928	NEW	$5,930,347	NEW	1	unpriced	10.36%
ABG	Asbury Automotive Group Inc Consumer Cyclical	Added	24,556	+490	$5,649,598	−2.4%	14	$167.56	9.87%
ACGL	Arch Capital Group Ltd. Financial Services	Added	55,075	+5,002	$4,390,028	+17.1%	15+	before history	7.67%
GOOG	Alphabet Inc. Communication Services	Added	28,082	+3,060	$3,702,611	+22.3%	4	$113.67	6.47%
BAM	Brookfield Asset Management Ltd. Financial Services	Reduced	107,001	-6,448	$3,567,413	−3.6%	4	$30.69	6.23%
V	Visa Inc. Financial Services	Added	15,070	+1,531	$3,466,250	+7.8%	15+	before history	6.06%
BATRK	Atlanta Braves Holdings, Inc. Communication Services	NEW	95,026	NEW	$3,395,278	NEW	1	$37.85	5.93%
AN	Autonation, Inc. Consumer Cyclical	Added	20,036	+836	$3,033,450	−4.0%	4	$112.62	5.30%
		NEW	30,517	NEW	$2,786,812	NEW	1	$89.20	4.87%
LYV	Live Nation Entertainment, Inc. Communication Services	Reduced	28,000	-7,017	$2,325,120	−27.1%	2	$78.06	4.06%
PGR	Progressive Corp Financial Services	Reduced	14,827	-10,218	$2,065,401	−37.7%	15+	before history	3.61%
NYT	New York Times Co Communication Services	Held	50,098	0	$2,064,037	+4.6%	4	$32.59	3.61%
OUT	OUTFRONT Media Inc. Real Estate	NEW	145,048	NEW	$1,465,049	NEW	1	unpriced	2.56%
		NEW	5,001	NEW	$1,147,980	NEW	1	unpriced	2.01%
		NEW	720,095	NEW	$1,137,750	NEW	1	$1.52	1.99%
RH	Rh Consumer Cyclical	NEW	4,000	NEW	$1,057,440	NEW	1	$347.67	1.85%
MSGE	Madison Square Garden Entertainment Corp. Communication Services	Reduced	32,000	-54,936	$1,053,120	−64.0%	2	$34.31	1.84%
BN	BROOKFIELD Corp Financial Services	Added	25,009	+4,995	$782,032	+16.1%	4	unpriced	1.37%
AAP	Advance Auto Parts Inc Consumer Cyclical	NEW	12,529	NEW	$700,746	NEW	1	$67.00	1.22%
CHTR	Charter Communications, Inc. Communication Services	NEW	1,508	NEW	$663,248	NEW	1	$415.80	1.16%
UA	Under Armour, Inc. Consumer Cyclical	NEW	50,026	NEW	$319,165	NEW	1	$6.89	0.56%
DOUG	Douglas Elliman Inc. Real Estate	Reduced	72,097	-128,424	$162,939	−63.4%	5	unpriced	0.28%

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.