CTC Capital Management, LLC

Chicago, IL · CIK 1910419 · 13F filing filed 2023-05-05

SEC-registered investment adviser since 2021 · limited liability company

Assets managed$157.8m
Staff3 · 3 in investment roles
Main clients (by assets)Private funds 100%
Private funds9 (1 hedge) · $184.0m gross assets
Websitevalorancapitalmanagement.com
Form ADV · 2026-06-26SEC adviser record

Kindhedge funds, private equity, real estate
Others nearbyChicago, IL
FamilyCTC Alternative Strategies, Ltd. · 2 related pages · largest: CTC Alternative Strategies, Ltd.

As an employer

Offices in1 country
Private fundsreal estate 4, private equity 2, hedge 1, other private 2

$47.8m reported value -41.5% vs Q4 2022

72positions

54.5%in top 10

47 new 5 added 10 reduced 70 sold out vs Q4 2022

Holdings, Q1 2023

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	ISHARES TR IBOXX INV CP ETF LQD	LQD	151,193	$16.6m34.68%	34.68%	New
2	FERGUSON PLC NEW SHS FERG1GBX	FERG1GBX	13,300	$1.8m3.72%	3.72%	Reduced -30.3k	-30,265 -69.5%
3	SELECT SECTOR SPDR TR FINANCIAL XLF	XLF	34,100	$1.1m2.29%	2.29%	New
4	MASTERCARD INCORPORATED CL A MA	MA	2,910	$1.1m2.21%	2.21%	New
5	YAMANA GOLD INC COM YRI	YRI	171,800	$1.0m2.10%	2.10%	New
6	COUPANG INC CL A CPNG	CPNG	58,300	$932.8k1.95%	1.95%	New
7	LATTICE SEMICONDUCTOR CORP COM LSCC	LSCC	9,600	$916.8k1.92%	1.92%	New
8	CNH INDL N V SHS CNH	CNH	59,500	$908.6k1.90%	1.90%	New
9	COPART INC COM CPRT	CPRT	12,000	$902.5k1.89%	1.89%	New
10	PACCAR INC COM PCAR	PCAR	11,900	$871.1k1.82%	1.82%	Reduced -21.5k	-21,475 -64.3%
11	ROSS STORES INC COM ROST	ROST	8,200	$870.3k1.82%	1.82%	New
12	NETAPP INC COM NTAP	NTAP	13,600	$868.4k1.82%	1.82%	Added +9.5k	+9,500 231.7%
13	TE CONNECTIVITY LTD SHS TEL1USD	TEL1USD	6,600	$865.6k1.81%	1.81%	New
14	BUILDERS FIRSTSOURCE INC COM BLDR	BLDR	9,700	$861.2k1.80%	1.80%	New
15	S&P GLOBAL INC COM SPGI	SPGI	2,494	$859.9k1.80%	1.80%	New
16	TEXAS INSTRS INC COM TXN	TXN	4,600	$855.6k1.79%	1.79%	Reduced -6.5k	-6,500 -58.6%
17	ICON PLC SHS ICLR	ICLR	4,000	$854.4k1.79%	1.79%	New
18	DECKERS OUTDOOR CORP COM DECK	DECK	1,900	$854.1k1.79%	1.79%	New
19	NVR INC COM NVR	NVR	150	$835.8k1.75%	1.75%	New
20	NORTHROP GRUMMAN CORP COM NOC	NOC	1,750	$808.0k1.69%	1.69%	New
21	VMWARE INC CL A COM VMW	VMW	6,400	$799.0k1.67%	1.67%	Reduced -2.6k	-2,600 -28.9%
22	HORIZON THERAPEUTICS PUB L SHS HZNP	HZNP	7,010	$765.1k1.60%	1.60%	Added +3.6k	+3,605 105.9%
23	SAREPTA THERAPEUTICS INC COM SRPT	SRPT	5,500	$758.1k1.59%	1.59%	Added +3.1k	+3,100 129.2%
24	MONDAY COM LTD SHS MNDY	MNDY	5,300	$756.6k1.58%	1.58%	New
25	WATSCO INC COM WSO	WSO	2,300	$731.8k1.53%	1.53%	New
26	FULL TRUCK ALLIANCE CO LTD SPONSORED ADS YMM	YMM	91,600	$697.1k1.46%	1.46%	New
27	ALBERTSONS COS INC COMMON STOCK ACI	ACI	33,300	$692.0k1.45%	1.45%	Added +18.3k	+18,300 122.0%
28	VERTEX PHARMACEUTICALS INC COM VRTX	VRTX	2,100	$661.6k1.38%	1.38%	New
29	MARSH & MCLENNAN COS INC COM MRSH	MRSH	3,870	$644.5k1.35%	1.35%	New
30	SELECT SECTOR SPDR TR SBI CONS STPLS XLP	XLP	7,300	$545.4k1.14%	1.14%	New
31	SPIRIT AIRLS INC COM SAVE	SAVE	20,000	$343.4k0.72%	0.72%	Added +10.0k	+10,000 100.0%
32	SUN CMNTYS INC COM SUI	SUI	2,100	$295.8k0.62%	0.62%	Reduced -800	-800 -27.6%
33	RLX TECHNOLOGY INC SPONSORED ADS RLX	RLX	100,000	$290.0k0.61%	0.61%	New
34	FTAI AVIATION LTD SHS FTAI	FTAI	9,600	$268.4k0.56%	0.56%	New
35	HYATT HOTELS CORP COM CL A H	H	2,400	$268.3k0.56%	0.56%	New
36	PALO ALTO NETWORKS INC COM PANW	PANW	1,300	$259.7k0.54%	0.54%	New
37	LINDE PLC SHS LIN	LIN	700	$248.8k0.52%	0.52%	New
38	GAMING & LEISURE PPTYS INC COM GLPI	GLPI	4,700	$244.7k0.51%	0.51%	New
39	EQUITY LIFESTYLE PPTYS INC COM ELS	ELS	3,500	$235.0k0.49%	0.49%	New
40	LPL FINL HLDGS INC COM LPLA	LPLA	1,150	$232.8k0.49%	0.49%	Reduced -50	-50 -4.2%
41	WP CAREY INC COM WPC	WPC	3,000	$232.3k0.49%	0.49%	Reduced -1.0k	-1,000 -25.0%
42	SS&C TECHNOLOGIES HLDGS INC COM SSNC	SSNC	4,000	$225.9k0.47%	0.47%	New
43	TRANSUNION COM TRU	TRU	3,600	$223.7k0.47%	0.47%	New
44	BURLINGTON STORES INC COM BURL	BURL	1,100	$222.3k0.47%	0.47%	New
45	AVANTOR INC COM AVTR	AVTR	10,500	$222.0k0.46%	0.46%	New
46	AMPHENOL CORP CL A APH	APH	2,700	$220.6k0.46%	0.46%	New
47	ROPER TECHNOLOGIES INC COM ROP	ROP	500	$220.3k0.46%	0.46%	Reduced -4.5k	-4,500 -90.0%
48	GODADDY INC CL A GDDY	GDDY	2,600	$202.1k0.42%	0.42%	New
49	ROIVANT SCIENCES LTD SHS ROIV	ROIV	27,000	$199.3k0.42%	0.42%	New
50	ALLSPRING MULTI SECTOR INCOM COM ERC	ERC	14,300	$130.8k0.27%	0.27%	Unchanged
51	BLACKROCK MUNIHLDNGS CALI QL COM MUC	MUC	10,723	$118.6k0.25%	0.25%	Reduced -7.1k	-7,100 -39.8%
52	HIGH INCOME SECS FD SHS BEN INT PCF	PCF	17,000	$110.5k0.23%	0.23%	Unchanged
53	ARDELYX INC COM ARDX	ARDX	21,700	$103.9k0.22%	0.22%	New
54	CYMABAY THERAPEUTICS INC COM CBAY	CBAY	10,700	$93.3k0.20%	0.20%	New
55	NUVEEN FLOATING RATE INCOME COM JFR	JFR	10,700	$87.7k0.18%	0.18%	Unchanged
56	NUVEEN FLOATING RATE INCOME COM SHS COM SHS		10,730	$86.1k0.18%	0.18%	Unchanged
57	GAMCO GLOBAL GOLD NAT RES & COM SH BEN INT GGN	GGN	20,800	$76.1k0.16%	0.16%	Unchanged
58	MORGAN STANLEY EMERGING MKTS COM EDD	EDD	16,500	$74.6k0.16%	0.16%	Unchanged
59	BNY MELLON HIGH YIELD STRATE SH BEN INT DHF	DHF	33,107	$71.8k0.15%	0.15%	Unchanged
60	NUVEEN CR STRATEGIES INCOME COM SHS XJQCX	XJQCX	13,700	$70.0k0.15%	0.15%	Unchanged
61	FRANKLIN LTD DURATION INCOME COM FTF	FTF	11,066	$68.4k0.14%	0.14%	Reduced -2.4k	-2,400 -17.8%
62	AURORA INNOVATION INC CLASS A COM AUR	AUR	44,600	$62.0k0.13%	0.13%	New
63	TEMPLETON EMERGING MKTS INCO COM TEI	TEI	12,000	$60.8k0.13%	0.13%	Unchanged
64	VIRTUS CONVERTIBLE & INC FD COM COM		18,100	$54.3k0.11%	0.11%	Unchanged
65	LANZATECH GLOBAL INC COM COM		13,600	$52.8k0.11%	0.11%	New
66	SES AI CORPORATION CL A COM SES	SES	13,800	$40.7k0.09%	0.09%	New
67	SOUNDHOUND AI INC CLASS A COM SOUN	SOUN	13,100	$36.2k0.08%	0.08%	New
68	ACCURAY INC COM ARAY	ARAY	10,100	$30.0k0.06%	0.06%	New
69	LINEAGE CELL THERAPEUTICS IN COM LCTX	LCTX	14,100	$21.1k0.04%	0.04%	New
70	FORGE GLOBAL HOLDINGS INC COM COM		10,700	$18.7k0.04%	0.04%	New
71	SUMMIT THERAPEUTICS INC COM SMMT	SMMT	10,100	$17.7k0.04%	0.04%	New
72	SELECTA BIOSCIENCES INC COM COM		11,300	$15.7k0.03%	0.03%	New

Sold out since Q4 2022

Security	Ticker	Shares held before	Value then
SELECT SECTOR SPDR TR XLK	XLK	39,495	$4.9m39.5k shares
DEERE & CO DE	DE	5,869	$2.5m5.9k shares
EVERGY INC EVRG	EVRG	37,650	$2.4m37.6k shares
ISHARES TR IYR	IYR	28,125	$2.4m28.1k shares
HUMANA INC HUM	HUM	4,302	$2.2m4.3k shares
CSX CORP CSX	CSX	71,100	$2.2m71.1k shares
NORFOLK SOUTHN CORP NSC	NSC	8,873	$2.2m8.9k shares
GARMIN LTD GRMN	GRMN	23,600	$2.2m23.6k shares
GILEAD SCIENCES INC GILD	GILD	25,300	$2.2m25.3k shares
BROWN FORMAN CORP BF.B	BF.B	32,600	$2.1m32.6k shares
PHILIP MORRIS INTL INC PM	PM	21,100	$2.1m21.1k shares
UNION PAC CORP UNP	UNP	10,260	$2.1m10.3k shares
TJX COS INC NEW TJX	TJX	26,600	$2.1m26.6k shares
MCKESSON CORP MCK	MCK	5,600	$2.1m5.6k shares
MCDONALDS CORP MCD	MCD	7,850	$2.1m7.8k shares
ARCHER DANIELS MIDLAND CO ADM	ADM	21,650	$2.0m21.6k shares
WEC ENERGY GROUP INC WEC	WEC	20,700	$1.9m20.7k shares
ALLIANT ENERGY CORP LNT	LNT	34,600	$1.9m34.6k shares
PERRIGO CO PLC PRGO	PRGO	54,600	$1.9m54.6k shares
XCEL ENERGY INC XEL	XEL	22,600	$1.6m22.6k shares
BED BATH & BEYOND INC BBBY	BBBY	619,592	$1.6m619.6k shares
SPIRE INC SR	SR	20,200	$1.4m20.2k shares
ANALOG DEVICES INC ADI	ADI	7,100	$1.2m7.1k shares
AFLAC INC AFL	AFL	15,000	$1.1m15.0k shares
TORO CO TTC	TTC	9,500	$1.1m9.5k shares