Deschutes Portfolio Strategy

Matisse Capital as of March 31, 2021

Portfolio Holdings for Matisse Capital

Matisse Capital holds 165 positions in its portfolio as reported in the March 2021 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Highland Income Highland Income (HFRO) 4.7 $16M 1.5M 11.09
Morgan Stanley China A Share Fund (CAF) 3.6 $13M 555k 22.55
Adams Express Company (ADX) 3.4 $12M 654k 18.26
Central Securities (CET) 3.2 $11M 295k 37.91
Morgan Stanley Emerging Markets Domestic (EDD) 2.8 $9.7M 1.6M 6.02
Calamos Lng/shrt Eq & Dyn (CPZ) 2.6 $9.0M 446k 20.18
Nexpoint Strategic Opportes Com New (NXDT) 2.5 $8.6M 757k 11.39
Kayne Anderson Mdstm Energy 2.4 $8.2M 1.2M 6.66
Tortoise Energy Infrastructure closed end funds (TYG) 2.0 $7.0M 285k 24.44
Asa Gold And Precious Mtls L SHS (ASA) 2.0 $6.9M 348k 19.95
Morgan Stanley India Investment Fund (IIF) 1.9 $6.5M 280k 23.31
Tekla Life Sciences Invs Sh Ben Int (HQL) 1.8 $6.3M 319k 19.71
Ishares Tr Core Div Grwth (DGRO) 1.8 $6.3M 130k 48.26
General American Investors (GAM) 1.8 $6.2M 155k 39.84
Clough Global Equity Fund closed-end fund (GLQ) 1.7 $6.0M 396k 15.19
Pimco Enrgy Tactical Cr Opp Com Shs Ben Int (PDX) 1.7 $5.8M 565k 10.35
ClearBridge Energy MLP Fund (EMO) 1.6 $5.5M 295k 18.68
Miller Howard High Inc Eqty Com Shs Ben In (HIE) 1.5 $5.4M 560k 9.60
Highland Global mf closed and mf open (HGLB) 1.5 $5.3M 691k 7.71
Boulder Growth & Income Fund (STEW) 1.5 $5.1M 409k 12.58
Neuberger Berman Mlp Income (NML) 1.5 $5.1M 1.2M 4.20
Tortoise Midstream Energy M 1.4 $4.9M 189k 25.71
Tortoise Essential Assets In Com Sh Ben Int 1.4 $4.7M 331k 14.34
Microsoft Corporation (MSFT) 1.3 $4.7M 20k 235.77
Royce Micro Capital Trust (RMT) 1.3 $4.7M 413k 11.30
Voya Global Eq Div & Pr Opp (IGD) 1.3 $4.5M 797k 5.70
Cbre Clarion Global Real Estat re (IGR) 1.3 $4.5M 581k 7.81
Ing Global Advantage And Premium Opportunity Fund (IGA) 1.3 $4.4M 465k 9.57
Apple (AAPL) 1.2 $4.1M 34k 122.15
Tekla Healthcare Invs Sh Ben Int (HQH) 1.2 $4.1M 170k 24.41
Gabelli Dividend & Income Trust (GDV) 1.1 $4.0M 165k 23.96
Aberdeen Asia-Pacific Income Fund 1.1 $3.8M 922k 4.09
Japan Smaller Capitalizaion Fund (JOF) 1.1 $3.7M 393k 9.30
RMR Asia Pacific Real Estate Fund 1.0 $3.6M 304k 12.00
Vertical Cap Income Shs Ben Int (CCIF) 1.0 $3.6M 353k 10.30
China Fund (CHN) 1.0 $3.6M 124k 29.26
First Eagle Senior Loan Fund Com New 1.0 $3.5M 247k 14.34
Blackrock Science & Tech Tr Shs Ben Int (BSTZ) 1.0 $3.5M 98k 35.68
Gabelli mutual funds - (GGZ) 1.0 $3.3M 229k 14.59
Blackrock Health Sciencs Tr Com Shs (BMEZ) 0.9 $3.3M 125k 26.30
Alps Etf Tr Alerian Mlp (AMLP) 0.9 $3.1M 100k 30.50
Macquarie Global Infr Total Rtrn Fnd 0.9 $3.0M 136k 21.85
Salient Midstream & M Sh Ben Int 0.8 $2.8M 543k 5.10
Swiss Helvetia Fund (SWZ) 0.8 $2.8M 314k 8.79
Taiwan Fund (TWN) 0.8 $2.6M 93k 28.25
Ascendis Pharma A/s Sponsored Adr (ASND) 0.7 $2.6M 20k 128.88
Gabelli Hlthcare & Wellness SHS (GRX) 0.7 $2.6M 206k 12.46
Amazon (AMZN) 0.7 $2.5M 824.00 3093.45
Japan Equity Fund ietf (JEQ) 0.7 $2.5M 274k 9.02
Kayne Anderson MLP Investment (KYN) 0.7 $2.5M 344k 7.17
Lam Research Corporation 0.7 $2.4M 4.0k 595.04
Rivernorth Marketplace Lendi (RSF) 0.7 $2.3M 130k 17.90
Us Bancorp Del Com New (USB) 0.6 $2.1M 38k 55.29
Royce Value Trust (RVT) 0.6 $2.1M 114k 18.11
Shockwave Med 0.6 $2.1M 16k 130.26
Principal Real Estate Income Shs Ben Int (PGZ) 0.6 $2.0M 149k 13.50
Apollo Sr Floating Rate Fd I (AFT) 0.6 $2.0M 132k 14.86
GDL Com Sh Ben It (GDL) 0.6 $1.9M 216k 8.93
New Ireland Fund 0.5 $1.7M 154k 11.28
Templeton Emerging Markets Income Fund (TEI) 0.5 $1.7M 236k 7.37
Cushing Mlp & Infrastruct Com New (SRV) 0.5 $1.6M 66k 24.89
Center Coast Brkfld Mlp Enrg Shs Ben Int 0.5 $1.6M 147k 10.95
Goldman Sachs Mlp Energy Renai Com cef 0.4 $1.4M 148k 9.68
Alphabet Cap Stk Cl A (GOOGL) 0.4 $1.3M 628.00 2062.10
Central Europe and Russia Fund (CEE) 0.4 $1.3M 53k 24.08
Aberdeen Std Global Infrastr Com Shs Ben Int (ASGI) 0.4 $1.2M 62k 19.99
Global X Fds Glb X Mlp Enrg I (MLPX) 0.3 $1.1M 35k 31.60
Arvinas Ord (ARVN) 0.3 $1.1M 17k 66.09
Aberdeen Chile Fund (AEF) 0.3 $1.1M 123k 8.65
Nike CL B (NKE) 0.3 $996k 7.5k 132.78
Tortoise Energy Independenc Fd Com cef 0.3 $951k 55k 17.29
Intel Corporation (INTC) 0.3 $949k 15k 64.00
First Tr Dynamic Europe Equi Com Shs 0.3 $933k 74k 12.69
Nuveen Diversified Dividend & Income 0.3 $889k 94k 9.48
Angel Oak Dynamic Finl Strat Com Ben Int 0.3 $885k 47k 18.83
Neuberger Ber. CA Intermediate Muni Fund 0.3 $879k 65k 13.50
Nuveen Mtg opportunity term (JLS) 0.2 $850k 41k 20.73
Allianzgi Conv & Income Fd Ii 0.2 $846k 170k 4.98
Legg Mason Bw Global Income (BWG) 0.2 $820k 68k 12.06
Nuveen Sht Dur Cr Opp 0.2 $818k 58k 14.10
Anthem (ELV) 0.2 $815k 2.3k 358.71
Nuveen Nj Div Advantage Mun (NXJ) 0.2 $812k 56k 14.46
Ares Dynamic Cr Allocation (ARDC) 0.2 $811k 54k 15.02
Apollo Tactical Income Fd In (AIF) 0.2 $797k 54k 14.88
Neuberger Berman NY Int Mun Common 0.2 $789k 64k 12.30
Angel Oak Finl Strategies In Com Ben Int (FINS) 0.2 $783k 45k 17.40
Morgan Stanley Emerging Markets Debt (MSD) 0.2 $779k 87k 8.95
Pgim Global Short Duration H (GHY) 0.2 $775k 52k 14.90
Kkr Income Opportunities (KIO) 0.2 $771k 49k 15.80
Eagle Cap Growth (GRF) 0.2 $770k 92k 8.34
Eaton Vance Calif Mun Incom Sh Ben Int (CEV) 0.2 $765k 58k 13.24
Home Depot (HD) 0.2 $764k 2.5k 305.11
Blackrock Calif Mun Income T Sh Ben Int (BFZ) 0.2 $750k 52k 14.35
Invesco Van Kampen Penn Vl MI Trust (VPV) 0.2 $728k 56k 13.04
BlackRock MuniYield New Jersey Fund 0.2 $718k 50k 14.49
DTF Tax Free Income (DTF) 0.2 $688k 48k 14.33
Soliton 0.2 $682k 39k 17.57
Square Cl A (XYZ) 0.2 $658k 2.9k 226.90
Clough Global Opportunities Sh Ben Int (GLO) 0.2 $651k 53k 12.25
Herzfeld Caribbean Basin (HERZ) 0.2 $622k 106k 5.87
Berkshire Hathaway Inc Del Cl B New (BRK.B) 0.2 $595k 2.3k 255.36
Delaware Inv Mn Mun Inc Fd I 0.2 $590k 45k 13.17
Nuveen Global High Income SHS (JGH) 0.2 $589k 38k 15.46
Ivy High Income Opportunities 0.2 $561k 41k 13.62
Blackstone Strategic Credit Com Shs Ben In (BGB) 0.1 $519k 39k 13.31
India Fund (IFN) 0.1 $518k 24k 21.42
Lowe's Companies (LOW) 0.1 $513k 2.7k 190.00
Mastercard Incorporated Cl A (MA) 0.1 $504k 1.4k 355.93
Northrop Grumman Corporation (NOC) 0.1 $504k 1.6k 323.08
Orbcomm 0.1 $497k 65k 7.62
Walt Disney Company (DIS) 0.1 $492k 2.7k 184.27
Humana (HUM) 0.1 $492k 1.2k 419.08
Blackstone Long-short Credit Com Shs Bn Int (BGX) 0.1 $490k 35k 14.12
Medifast (MED) 0.1 $487k 2.3k 211.74
Starbucks Corporation (SBUX) 0.1 $485k 4.4k 109.11
Paypal Holdings (PYPL) 0.1 $485k 2.0k 242.50
Maxim Integrated Products 0.1 $478k 5.2k 91.34
New Amer High Income Com New 0.1 $478k 53k 9.06
Exchange Traded Concepts Tr Robo Glb Etf (ROBO) 0.1 $474k 7.5k 63.49
Dws Strategic Municipal Income Trust (KSM) 0.1 $473k 40k 11.82
Wstrn Ast Clymr Infltn Lkd Opts & Inc (WIW) 0.1 $471k 39k 12.14
Cushing Nextgen Infra Incm F (NXG) 0.1 $453k 11k 40.35
Wal-Mart Stores (WMT) 0.1 $450k 3.3k 135.54
Ringcentral Cl A (RNG) 0.1 $446k 1.5k 297.33
JPMorgan Chase & Co. (JPM) 0.1 $441k 2.9k 152.02
Select Sector Spdr Tr Sbi Int-utils (XLU) 0.1 $419k 6.5k 64.01
Lockheed Martin Corporation (LMT) 0.1 $415k 1.1k 368.89
Intuitive Surgical Com New (ISRG) 0.1 $399k 541.00 737.52
Costco Wholesale Corporation (COST) 0.1 $382k 1.1k 351.75
Kala Pharmaceuticals 0.1 $378k 56k 6.74
Alps Etf Tr Med Breakthgh (SBIO) 0.1 $373k 7.4k 50.13
First Tr Energy Infrastrctr 0.1 $371k 30k 12.37
Nuveen Ohio Quality Income M 0.1 $321k 21k 15.58
General Dynamics Corporation (GD) 0.1 $321k 1.8k 181.36
Toyota Motor Corp Sp Adr Rep2com (TM) 0.1 $312k 2.0k 156.00
Barings Global Short Duration Com cef (BGH) 0.1 $303k 19k 16.04
Ishares Tr Rus 1000 Val Etf (IWD) 0.1 $287k 1.9k 151.05
UnitedHealth (UNH) 0.1 $279k 750.00 372.00
3M Company (MMM) 0.1 $275k 1.4k 192.31
Chevron Corporation (CVX) 0.1 $274k 2.6k 104.54
Johnson & Johnson (JNJ) 0.1 $274k 1.7k 164.07
Ishares Tr Eafe Sml Cp Etf (SCZ) 0.1 $265k 3.7k 71.62
Target Corporation (TGT) 0.1 $257k 1.3k 197.69
1life Healthcare 0.1 $242k 6.2k 39.07
Tortoise Pipeline & Energy F 0.1 $240k 12k 20.48
A Mark Precious Metals (GOLD) 0.1 $234k 6.5k 36.00
First Tr High Yield Opprt 20 (FTHY) 0.1 $228k 12k 19.81
Illinois Tool Works (ITW) 0.1 $221k 1.0k 221.00
Procter & Gamble Company (PG) 0.1 $221k 1.6k 135.33
Nuveen Mun Value Fd 2 (NUW) 0.1 $221k 14k 16.41
Visa Com Cl A (V) 0.1 $203k 960.00 211.46
Nuveen Cr Strategies Income Com Shs (JQC) 0.1 $203k 31k 6.50
Invesco Van Kampen Trust for IGNYM Fund (VTN) 0.1 $187k 14k 13.08
Credit Suisse High Yield Bd Sh Ben Int (DHY) 0.0 $168k 70k 2.40
Greentree Hospitality Group Sponsored Ads (GHG) 0.0 $131k 10k 13.10
Energy Fuels Com New (UUUU) 0.0 $108k 19k 5.65
Orchard Therapeutics Ads 0.0 $104k 15k 7.20
Sientra 0.0 $100k 14k 7.24
Wave Life Sciences SHS (WVE) 0.0 $96k 17k 5.59
Solid Biosciences 0.0 $96k 18k 5.49
Duff & Phelps Slt Engy And M Com New 0.0 $95k 13k 7.30
Novagold Res Com New (NG) 0.0 $87k 10k 8.70
Verastem 0.0 $86k 35k 2.46
Voya Natural Res Eq Inc Fund 0.0 $76k 23k 3.29
Lightpath Technologies Com Cl A (LPTH) 0.0 $41k 14k 3.04