Deschutes Portfolio Strategy

Matisse Capital as of Sept. 30, 2019

Portfolio Holdings for Matisse Capital

Matisse Capital holds 97 positions in its portfolio as reported in the September 2019 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
RMR Asia Pacific Real Estate Fund 6.9 $5.6M 275k 20.39
Nexpoint Credit Strategies Fund (NXDT) 6.7 $5.5M 305k 17.93
Dividend & Income Fund (BXSY) 5.2 $4.3M 356k 11.95
THE GDL FUND Closed-End fund (GDL) 3.0 $2.4M 261k 9.19
Boulder Growth & Income Fund (STEW) 2.9 $2.3M 209k 11.20
Petroleum & Res Corp Com cef (PEO) 2.9 $2.3M 147k 15.83
Central Securities (CET) 2.8 $2.2M 72k 31.40
Morgan Stanley India Investment Fund (IIF) 2.7 $2.2M 118k 18.95
Microsoft Corporation (MSFT) 2.7 $2.2M 16k 139.03
Asa (ASA) 2.7 $2.2M 182k 12.02
Eagle Grwth & Income Oppty F 2.7 $2.2M 136k 15.94
Gabelli mutual funds - (GGZ) 2.6 $2.2M 194k 11.13
Highland Global mf closed and mf open (HGLB) 2.6 $2.2M 211k 10.25
U.S. Bancorp (USB) 2.5 $2.0M 37k 55.35
Salient Midstream & M 2.4 $2.0M 249k 7.86
Apple (AAPL) 2.0 $1.7M 7.4k 223.97
Swiss Helvetia Fund (SWZ) 1.9 $1.6M 196k 8.03
Kayne Anderson Mdstm Energy 1.8 $1.4M 132k 10.83
Clearbridge Energy M 1.7 $1.4M 156k 8.91
Wave Life Sciences (WVE) 1.7 $1.4M 67k 20.53
Thl Cr Sr Ln 1.5 $1.2M 80k 15.02
Synthorx 1.4 $1.2M 71k 16.27
New Ireland Fund 1.4 $1.1M 133k 8.56
Amazon (AMZN) 1.3 $1.1M 628.00 1735.67
Highland Floatng Rate Opprt Ii Shs Ben Int shs ben int (HFRO) 1.3 $1.1M 79k 13.35
Ascendis Pharma A S (ASND) 1.2 $1.0M 11k 96.30
Japan Equity Fund ietf (JEQ) 1.2 $1.0M 138k 7.28
D Ishares (EEMS) 1.1 $891k 21k 42.10
Nike (NKE) 1.0 $836k 8.9k 93.87
Eagle Cap Growth (GRF) 1.0 $796k 100k 8.00
Intel Corporation (INTC) 0.9 $726k 14k 51.51
Northrop Grumman Corporation (NOC) 0.9 $706k 1.9k 374.54
Solid Biosciences 0.9 $712k 69k 10.33
Royce Global Value Tr (RGT) 0.8 $656k 65k 10.12
Lockheed Martin Corporation (LMT) 0.8 $646k 1.7k 390.33
Mexico Equity and Income Fund (MXE) 0.7 $587k 56k 10.53
Cbre Clarion Global Real Estat re (IGR) 0.7 $563k 71k 7.91
Nuveen Nj Div Advantage Mun (NXJ) 0.7 $548k 38k 14.48
General American Investors (GAM) 0.7 $532k 15k 36.35
Nuveen Arizona Premium Income Mun (NAZ) 0.6 $518k 39k 13.45
Japan Smaller Capitalizaion Fund (JOF) 0.6 $512k 58k 8.77
Arvinas Ord (ARVN) 0.6 $506k 24k 21.53
Berkshire Hathaway (BRK.B) 0.6 $479k 2.3k 207.81
Aberdeen Asia-Pacific Income Fund (FAX) 0.6 $477k 114k 4.19
General Dynamics Corporation (GD) 0.6 $462k 2.5k 182.54
Lam Research Corporation (LRCX) 0.6 $467k 2.0k 231.19
BlackRock Floating Rate Income Trust (BGT) 0.5 $438k 36k 12.27
Eaton Vance Fltg Rate In 0.5 $440k 29k 15.22
Chevron Corporation (CVX) 0.5 $412k 3.5k 118.60
WisdomTree Intl. SmallCap Div (DLS) 0.5 $418k 6.6k 63.58
High Income Secs Fd Shs Ben Int cef (PCF) 0.5 $402k 48k 8.46
Wal-Mart Stores (WMT) 0.5 $394k 3.3k 118.67
Starbucks Corporation (SBUX) 0.5 $393k 4.4k 88.41
First Trust/Four Corners SFRI Fund II (FCT) 0.5 $376k 31k 12.01
Vaneck Vectors J.p. Morgan Em Local Currency Bond Etf etf (EMLC) 0.5 $367k 11k 33.02
Home Depot (HD) 0.4 $355k 1.5k 232.33
MasterCard Incorporated (MA) 0.4 $349k 1.3k 271.60
Costco Wholesale Corporation (COST) 0.4 $351k 1.2k 288.18
Anthem (ELV) 0.4 $347k 1.4k 239.81
Medifast (MED) 0.4 $345k 3.3k 103.51
WellCare Health Plans 0.4 $334k 1.3k 258.91
Blackrock Res & Commodities Strategy Tr (BCX) 0.4 $325k 43k 7.49
Central Europe and Russia Fund (CEE) 0.4 $311k 12k 26.01
Ishares Tr core div grwth (DGRO) 0.4 $308k 7.9k 39.09
3M Company (MMM) 0.4 $303k 1.8k 164.23
Maxim Integrated Products 0.4 $303k 5.2k 57.90
Intuitive Surgical (ISRG) 0.4 $292k 541.00 539.74
Delta Air Lines (DAL) 0.3 $265k 4.6k 57.61
BlackRock Floating Rate Income Strat. Fn (FRA) 0.3 $268k 21k 12.64
Neuberger Berman NY Int Mun Common 0.3 $269k 22k 12.52
Orbcomm 0.3 $263k 55k 4.76
Brookfield Global Listed 0.3 $255k 19k 13.70
Ares Dynamic Cr Allocation (ARDC) 0.3 $244k 16k 14.88
Humana (HUM) 0.3 $232k 909.00 255.23
Johnson & Johnson (JNJ) 0.3 $216k 1.7k 129.34
Source Capital (SOR) 0.3 $220k 6.0k 36.54
At&t (T) 0.3 $214k 5.6k 37.92
Boeing Company (BA) 0.3 $211k 555.00 380.18
ISHARES TR MSCI Small Cap msci small cap (SCZ) 0.3 $212k 3.7k 57.30
Nuveen Maryland Premium Income Municipal 0.3 $215k 16k 13.35
Taiwan Fund (TWN) 0.3 $209k 11k 18.47
Vanguard Total Stock Market ETF (VTI) 0.2 $203k 1.3k 151.15
Mexico Fund (MXF) 0.2 $199k 15k 13.06
Nuveen North Carol Premium Incom Mun 0.2 $199k 15k 13.54
Kala Pharmaceuticals 0.2 $177k 47k 3.81
Aberdeen Chile Fund (AEF) 0.2 $168k 24k 6.96
Nuveen Ga Div Adv Mun Fd 2 0.2 $164k 13k 12.42
Nuveen Minn Mun Income (NMS) 0.2 $146k 10k 14.31
Vertical Cap Income Fund shs ben int (CCIF) 0.2 $144k 14k 10.67
Eaton Vance Senior Income Trust (EVF) 0.2 $141k 23k 6.10
Western Asset Intm Muni Fd I (SBI) 0.2 $137k 15k 9.19
Pioneer Municipal High Income Advantage (MAV) 0.1 $113k 10k 10.97
Franklin Universal Trust (FT) 0.1 $97k 13k 7.53
Scpharmaceuticals (SCPH) 0.1 $86k 15k 5.86
Novagold Resources Inc Cad (NG) 0.1 $61k 10k 6.10
Energy Fuels (UUUU) 0.1 $37k 19k 1.92
LightPath Technologies (LPTH) 0.0 $29k 35k 0.83