SPHINX TRADING, LP

CIK

857956

Location

CHICAGO, IL

Portfolio Value

Micro $46,074,074

Diversification

Highly concentrated

Filing Date

Global Rank

#5,626 / 6,772 ▼ 719

Top Industry

Asset Management 46.8%

3Y Alpha vs SPY

-12.3%

Period ended 4 years ago

Filed Jan 31, 2022 · 4y

2 quarters · since Sep 2021

Clone Performance

Jun 2023–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+27.7%

SPY

+76.5%

Annualised alpha

-12.4%

Max drawdown

−16.5%

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

46 positions · as of Dec 31, 2021 · Δ vs Sep 30, 2021

Top Position

45.9%

+12.2 pts

Top 5

84.3%

+3.2 pts

Top 10

94.2%

+0.6 pts

HHI

2,540

Highly concentrated+621

Portfolio Trend

2 quarters · across all stocks

Sector Breakdown

As of Dec 31, 2021

Sector	% Portfolio	Value	Positions
Financial Services	47.3%	$21,772,604	7
Basic Materials	22.6%	$10,426,964	5
Industrials	13.5%	$6,197,819	5
Consumer Cyclical	7.1%	$3,254,875	6
Technology	5.0%	$2,309,258	9
Communication Services	2.0%	$900,177	3
Unclassified	1.3%	$586,116	2
Healthcare	0.7%	$340,398	2
Utilities	0.2%	$109,464	1
Real Estate	0.2%	$87,226	3
Energy	0.2%	$80,880	1
Consumer Defensive	0.0%	$8,293	2

Last Quarter's Activity

Export CSV

Dec 31, 2021 vs Sep 30, 2021

Added To

Positions the filer increased

6 positions

Ticker	Company	Δ Shares	Shares	Value
FINS	Angel Oak Financial Strategies Income Term Trust	+494,204	1,240,375	$21,160,797
GSM	Ferroglobe PLC	+50,000	100,000	$621,000
MGNI	Magnite, Inc.	+25,000	50,000	$875,000
UIS	Unisys Corp	+15,000	100,000	$2,057,000
BW	Babcock & Wilcox Enterprises, Inc.	+7,500	600,698	$5,418,295
CECO	Ceco Environmental Corp	+790	6,790	$42,301
No positions match the current search.

Trimmed

Positions the filer reduced

6 positions

Ticker	Company	Δ Shares	Shares	Value
SPY	Spdr S&P 500 ETF Trust	−42,900	600	$284,976
SLV	iShares Silver Trust	−21,000	14,000	$301,140
ACEL	Accel Entertainment, Inc.	−16,500	200,000	$2,604,000
GPRE	Green Plains Inc.	−9,044	110,000	$3,823,600
LSAK	Lesaka Technologies Inc	−4,099	3,101	$16,497
TXNM	Txnm Energy Inc	−1,600	2,400	$109,464
No positions match the current search.

New Positions

Positions the filer opened this quarter

11 positions

Ticker	Company	Shares	Value
ACVA	ACV Auctions Inc.	30,000	$565,200
DRTTF	Dirtt Environmental Solutions Ltd	165,000	$359,700
ROG	Rogers Corp	500	$136,500
GM	General Motors Co	1,200	$70,356
ENTG	Entegris Inc	300	$41,574
ZG	Zillow Group, Inc.	400	$24,888
LGO	Largo Inc.	2,000	$18,520
GRAB	Grab Holdings Ltd	1,000	$7,130
XERS	Xeris Biopharma Holdings, Inc.	1,404	$4,113
NTGR	Netgear, Inc.	36	$1,051
KD	Kyndryl Holdings, Inc.	40	$724
No positions match the current search.

Sold Out

Positions the filer fully exited

10 positions

Ticker	Company	Shares	Value
CLW	Clearwater Paper Corp	20,000	$766,600
CASH	Pathward Financial, Inc.	10,000	$524,800
ELMD	Electromed, Inc.	30,018	$324,794
AAPL	Apple Inc.	1,500	$212,250
ALTG	Alta Equipment Group Inc.	8,600	$118,078
EXE	EXPAND ENERGY Corp	1,000	$61,590
KLAC	Kla Corp	100	$33,451
CRUS	Cirrus Logic, Inc.	200	$16,470
BVS	Bioventus Inc.	601	$8,510
NGL	NGL Energy Partners LP	2,500	$5,925
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

46 positions · $46,074,074 total · as of Dec 31, 2021

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
FINS	Angel Oak Financial Strategies Income Term Trust Financial Services	Added	1,240,375	+494,204	$21,160,797	+66.6%	45.93%
OEC	Orion S.A. Basic Materials	Held	317,744	0	$5,833,779	+0.7%	12.66%
BW	Babcock & Wilcox Enterprises, Inc. Industrials	Added	600,698	+7,500	$5,418,295	+42.5%	11.76%
GPRE	Green Plains Inc. Basic Materials	Reduced	110,000	-9,044	$3,823,600	−1.6%	8.30%
ACEL	Accel Entertainment, Inc. Consumer Cyclical	Reduced	200,000	-16,500	$2,604,000	−0.9%	5.65%
UIS	Unisys Corp Technology	Added	100,000	+15,000	$2,057,000	−3.7%	4.46%
MGNI	Magnite, Inc. Communication Services	Added	50,000	+25,000	$875,000	+25.0%	1.90%
GSM	Ferroglobe PLC Basic Materials	Added	100,000	+50,000	$621,000	+42.8%	1.35%
ACVA	ACV Auctions Inc. Consumer Cyclical	NEW	30,000	NEW	$565,200	NEW	1.23%
RILY	BRC Group Holdings, Inc. Financial Services	Held	5,000	0	$444,300	+50.5%	0.96%
EML	Eastern Co Industrials	Held	15,000	0	$376,050	−0.4%	0.82%
DRTTF	Dirtt Environmental Solutions Ltd Industrials	NEW	165,000	NEW	$359,700	NEW	0.78%
XNCR	Xencor Inc Healthcare	Held	8,382	0	$336,285	+22.8%	0.73%
SLV	iShares Silver Trust	Reduced	14,000	-21,000	$301,140	−58.1%	0.65%
SPY	Spdr S&P 500 ETF Trust	Reduced	600	-42,900	$284,976	−98.5%	0.62%
ROG	Rogers Corp Technology	NEW	500	NEW	$136,500	NEW	0.30%
NTIC	Northern Technologies International Corp Basic Materials	Held	8,501	0	$130,065	+0.7%	0.28%
TXNM	Txnm Energy Inc Utilities	Reduced	2,400	-1,600	$109,464	−44.7%	0.24%
OVV	Ovintiv Inc. Energy	Held	2,400	0	$80,880	+2.5%	0.18%
PFN	PIMCO Income Strategy Fund II Financial Services	Held	8,000	0	$76,400	−5.8%	0.17%
GM	General Motors Co Consumer Cyclical	NEW	1,200	NEW	$70,356	NEW	0.15%
BAC	Bank Of America Corp /De/ Financial Services	Held	1,000	0	$44,490	+4.8%	0.10%
CECO	Ceco Environmental Corp Industrials	Added	6,790	+790	$42,301	+0.1%	0.09%
ENTG	Entegris Inc Technology	NEW	300	NEW	$41,574	NEW	0.09%
ARI	Apollo Commercial Real Estate Finance, Inc. Real Estate	Held	3,002	0	$39,506	−11.3%	0.09%
DSL	DoubleLine Income Solutions Fund Financial Services	Held	2,000	0	$32,240	−9.2%	0.07%
IBM	International Business Machines Corp Technology	Held	200	0	$26,732	+0.6%	0.06%
ZG	Zillow Group, Inc. Communication Services	NEW	400	NEW	$24,888	NEW	0.05%
STWD	Starwood Property Trust, Inc. Real Estate	Held	1,000	0	$24,300	−0.5%	0.05%
GPMT	Granite Point Mortgage Trust Inc. Real Estate	Held	2,000	0	$23,420	−11.1%	0.05%
AWRE	Aware Inc /Ma/ Technology	Held	7,000	0	$22,050	−21.4%	0.05%
LGO	Largo Inc. Basic Materials	NEW	2,000	NEW	$18,520	NEW	0.04%
LSAK	Lesaka Technologies Inc Technology	Reduced	3,101	-4,099	$16,497	−50.7%	0.04%
PFLT	PennantPark Floating Rate Capital Ltd. Financial Services	Held	1,000	0	$12,770	−0.2%	0.03%
BABA	Alibaba Group Holding Ltd Consumer Cyclical	Held	100	0	$11,879	−19.8%	0.03%
UTI	Universal Technical Institute Inc Consumer Defensive	Held	1,000	0	$7,820	+15.7%	0.02%
GRAB	Grab Holdings Ltd Technology	NEW	1,000	NEW	$7,130	NEW	0.02%
XERS	Xeris Biopharma Holdings, Inc. Healthcare	NEW	1,404	NEW	$4,113	NEW	0.01%
GT	Goodyear Tire & Rubber Co /Oh/ Consumer Cyclical	Held	91	0	$1,940	+20.5%	0.00%
GEG	Great Elm Group, Inc. Financial Services	Held	769	0	$1,607	−6.7%	0.00%
AMZN	Amazon Com Inc Consumer Cyclical	Held	9	0	$1,500	+1.5%	0.00%
WAB	Westinghouse Air Brake Technologies Corp Industrials	Held	16	0	$1,473	+6.8%	0.00%
NTGR	Netgear, Inc. Technology	NEW	36	NEW	$1,051	NEW	0.00%
KD	Kyndryl Holdings, Inc. Technology	NEW	40	NEW	$724	NEW	0.00%
KO	Coca Cola Co Consumer Defensive	Held	8	0	$473	+12.9%	0.00%
GOOGL	Alphabet Inc. Communication Services	Held	2	0	$289	+8.2%	0.00%