Cqs (us) 13F annual report
Cqs (us) is an investment fund managing more than $73.6 billion ran by Maria Piccolino. There are currently 16 companies in Mrs. Piccolino’s portfolio. The largest investments include Ur- and Uranium Corp, together worth $26.7 billion.
$73.6 billion Assets Under Management (AUM)
As of 30th July 2024, Cqs (us)’s top holding is 12,223,939 shares of Ur- currently worth over $17.1 billion and making up 23.2% of the portfolio value.
Relative to the number of outstanding shares of Ur-, Cqs (us) owns more than approximately 0.1% of the company.
In addition, the fund holds 1,599,865 shares of Uranium Corp worth $9.62 billion, whose value fell 39.4% in the past six months.
The third-largest holding is Diamondback Inc worth $7.15 billion and the next is Transocean Ltd worth $6.93 billion, with 1,295,000 shares owned.
Currently, Cqs (us)'s portfolio is worth at least $73.6 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Cqs (us)
The Cqs (us) office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Maria Piccolino serves as the Chief Compliance Officer, CQS (US) LLC at Cqs (us).
Recent trades
In the most recent 13F filing, Cqs (us) revealed that it had opened a new position in
Equinox Gold Corp and bought 600,000 shares worth $3.14 billion.
This means they effectively own approximately 0.1% of the company.
Equinox Gold Corp makes up
6.4%
of the fund's Materials sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in Ur- by buying
64,141 additional shares.
This makes their stake in Ur- total 12,223,939 shares worth $17.1 billion.
Ur- dropped approximately 0.1% in the past year.
On the other hand, there are companies that Cqs (us) is getting rid of from its portfolio.
Cqs (us) closed its position in Pioneer Nat Res Co on 6th August 2024.
It sold the previously owned 10,000 shares for $2.63 billion.
Maria Piccolino also disclosed a decreased stake in Diamondback Inc by approximately 0.1%.
This leaves the value of the investment at $7.15 billion and 35,700 shares.
One of the smallest hedge funds
The two most similar investment funds to Cqs (us) are Strategic Value Partners and Fifth Lane Capital, L.P.. They manage $73.7 billion and $73.5 billion respectively.
Maria Piccolino investment strategy
Cqs (us)’s portfolio is diversified across 3 sectors.
Currently, their heaviest sector is Materials — making up 66.1% of
the total portfolio value.
The fund focuses on investments in the United States as
37.5% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
13% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $5.09 billion.
The complete list of Cqs (us) trades based on 13F SEC filings
These positions were updated on August 6th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Ur-Energy Inc. |
0.53%
12,223,939
|
$17,113,515,000 | 23.24% |
| Uranium Energy Corp |
No change
1,599,865
|
$9,615,189,000 | 13.06% |
| Diamondback Energy Inc |
7.75%
35,700
|
$7,146,783,000 | 9.71% |
| Transocean Ltd |
No change
1,295,000
|
$6,928,250,000 | 9.41% |
| Cameco Corp. |
No change
135,000
|
$6,642,000,000 | 9.02% |
| Eog Res Inc |
No change
42,600
|
$5,362,062,000 | 7.28% |
| Wheaton Precious Metals Corp |
No change
76,000
|
$3,983,920,000 | 5.41% |
| Energy Fuels Inc |
No change
602,697
|
$3,652,344,000 | 4.96% |
| Equinox Gold Corp |
Opened
600,000
|
$3,138,000,000 | 4.26% |
| Peabody Energy Corp. |
No change
130,000
|
$2,875,600,000 | 3.91% |
| Pioneer Nat Res Co |
Closed
10,000
|
$2,625,000,000 | |
| Sigma Lithium Corporation |
72.00%
215,000
|
$2,586,450,000 | 3.51% |
| Osisko Gold Royalties Ltd |
No change
100,000
|
$1,558,000,000 | 2.12% |
| Platinum Group Metals Ltd. |
No change
883,365
|
$1,501,721,000 | 2.04% |
| MAG Silver Corp. |
No change
114,000
|
$1,330,380,000 | 1.81% |
| Gold Resource Corp |
No change
315,978
|
$118,018,000 | 0.16% |
| Greenfire Res Ltd New |
No change
11,051
|
$74,892,000 | 0.10% |
| No transactions found | |||
| Showing first 500 out of 17 holdings | |||
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