Logan Stone Capital 13F annual report

Logan Stone Capital is an investment fund managing more than $365 billion ran by Matthew Herman. There are currently 146 companies in Mr. Herman’s portfolio. The largest investments include Spdr Ser Tr and Nuveen Municipal Credit Inc, together worth $45.1 billion.

Limited to 30 biggest holdings

$365 billion Assets Under Management (AUM)

As of 7th November 2023, Logan Stone Capital’s top holding is 304,742 shares of Spdr Ser Tr currently worth over $27.1 billion and making up 7.4% of the portfolio value. In addition, the fund holds 1,723,584 shares of Nuveen Municipal Credit Inc worth $18 billion. The third-largest holding is Nuveen Amt Free Qlty Mun Inc worth $17.5 billion and the next is Nuveen Amt Free Mun Cr Inc F worth $14.7 billion, with 1,427,218 shares owned.

Currently, Logan Stone Capital's portfolio is worth at least $365 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 Logan Stone Capital

The Logan Stone Capital office and employees reside in Chicago, Illinois. According to the last 13-F report filed with the SEC, Matthew Herman serves as the Managing Member at Logan Stone Capital.

Recent trades

In the most recent 13F filing, Logan Stone Capital revealed that it had opened a new position in Spdr Ser Tr and bought 304,742 shares worth $27.1 billion.

The investment fund also strengthened its position in Nuveen Municipal Credit Inc by buying 1,700,326 additional shares. This makes their stake in Nuveen Municipal Credit Inc total 1,723,584 shares worth $18 billion.

On the other hand, there are companies that Logan Stone Capital is getting rid of from its portfolio. Logan Stone Capital closed its position in Atlanta Braves Inc on 14th November 2023. It sold the previously owned 338,934 shares for $12.8 million. Matthew Herman also disclosed a decreased stake in Liberty Global plc by 0.2%. This leaves the value of the investment at $8.75 billion and 511,318 shares.

One of the average hedge funds

The two most similar investment funds to Logan Stone Capital are M&r Capital Management Inc and Heritage Investment. They manage $365 billion and $366 billion respectively.


Matthew Herman investment strategy

Logan Stone Capital’s portfolio is diversified across 5 sectors. Currently, their heaviest sector is Communication Services — making up 7.9% of the total portfolio value. The fund focuses on investments in the United States as 5.5% 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 3% 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 $5.97 billion.

The complete list of Logan Stone Capital trades based on 13F SEC filings

These positions were updated on November 14th 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
Spdr Ser Tr
Opened
304,742
$27,129,390,000 7.42%
Nuveen Municipal Credit Inc
7,310.71%
1,723,584
$17,976,981,000 4.92%
Nuveen Amt Free Qlty Mun Inc
Opened
1,805,339
$17,475,682,000 4.78%
Nuveen Amt Free Mun Cr Inc F
Opened
1,427,218
$14,714,618,000 4.03%
Nuveen Quality Muncp Income
4,197.57%
1,156,262
$11,724,497,000 3.21%
Nuveen Ca Qualty Mun Income
Opened
1,199,584
$11,575,986,000 3.17%
Blackrock Munihldngs Cali Ql
Opened
1,201,235
$11,483,807,000 3.14%
Liberty Broadband Corp
Opened
110,689
$10,108,119,000 2.77%
Liberty Global plc
18.51%
511,318
$8,753,764,000 2.40%
Central Garden & Pet Co.
Opened
204,096
$8,182,209,000 2.24%
Gabelli Divid & Income Tr
Opened
350,729
$6,818,172,000 1.87%
Blackrock Muniyield N Y Qual
306.57%
745,888
$6,608,568,000 1.81%
Blackrock Municipal Income
1,077.59%
597,556
$6,065,193,000 1.66%
Atlanta Braves Holdings Inc
Opened
149,956
$5,357,928,000 1.47%
Blackrock Mun Income Tr
Opened
599,521
$5,317,751,000 1.46%
Nuveen New Jersey Qult Mun F
1,378.54%
457,460
$4,839,927,000 1.32%
Blackrock Muniyield Fd Inc
1,381.28%
518,743
$4,762,061,000 1.30%
Blackrock Muni Income Tr Ii
Opened
512,146
$4,681,014,000 1.28%
Invesco Calif Value Mun Inco
488.54%
551,180
$4,646,447,000 1.27%
Blackrock Muniholdings Fd In
Opened
448,069
$4,619,591,000 1.26%
Select Sector Spdr Tr
436.52%
75,682
$4,459,940,000 1.22%
Nuveen Pennsylvania Qlt Mun
647.37%
434,792
$4,421,835,000 1.21%
Tekla Healthcare Invs
Opened
275,281
$4,280,620,000 1.17%
Nuveen New York Qlt Mun Inc
516.85%
439,217
$4,247,228,000 1.16%
Mainstay Cbre Gbl Infra Meg
Opened
355,074
$4,182,772,000 1.14%
Western Asset Managed Muns F
3,881.49%
449,908
$4,017,678,000 1.10%
Alliancebernstein Natl Mun I
1,380.33%
429,916
$4,015,415,000 1.10%
Bny Mellon Strategic Mun Bd
5,572.00%
782,736
$3,890,198,000 1.06%
Blackrock Munihldgs Ny Qlty
328.40%
421,456
$3,847,893,000 1.05%
Blackrock Munihldgs Nj Qlty
Opened
377,781
$3,823,144,000 1.05%
Eaton Vance Calif Mun Bd Fd
418.31%
464,527
$3,771,959,000 1.03%
Bny Mellon Strategic Muns In
Opened
697,428
$3,717,291,000 1.02%
Invesco Tr Invt Grade Muns
Opened
429,681
$3,652,289,000 1.00%
Dws Mun Income Tr
1,475.53%
456,855
$3,517,784,000 0.96%
Pioneer Municipal High Incom
2,135.56%
917,651
$6,407,404,000 1.75%
Invesco Mun Opportunity Tr
Opened
392,108
$3,227,049,000 0.88%
Blackrock Munivest Fd Inc
2,098.18%
520,991
$3,157,205,000 0.86%
Nuveen New York Amt Qlt Muni
205.27%
332,057
$3,137,939,000 0.86%
Tekla Life Sciences Invs
Opened
248,616
$3,100,242,000 0.85%
Liberty Media Corp.
Opened
53,424
$3,020,593,000 0.83%
Blackrock Muniholdings Quali
Opened
332,013
$2,915,074,000 0.80%
Blackrock Muniyield Mich Qu
Opened
289,444
$2,874,179,000 0.79%
Bny Mellon Mun Income Inc
348.99%
504,698
$2,861,638,000 0.78%
Blackrock N Y Mun Income Tru
2,441.86%
303,625
$2,762,988,000 0.76%
Invesco Tr Invt Grade New Yo
382.73%
292,783
$2,667,253,000 0.73%
Nuveen California Amt Qlt Mu
Opened
253,792
$2,603,906,000 0.71%
Blackrock Mun Income Quality
Opened
259,466
$2,558,335,000 0.70%
Blackrock Muniyield Quality
Opened
344,585
$3,227,114,000 0.88%
Blackrock Munivest Fd Ii Inc
Opened
216,597
$2,012,186,000 0.55%
Eaton Vance Mun Bd Fd
748.29%
223,252
$2,000,338,000 0.55%
Invesco Quality Mun Income T
Opened
227,495
$1,908,683,000 0.52%
Eaton Vance Calif Mun Incom
264.18%
194,780
$1,784,185,000 0.49%
Ishares Tr
Opened
44,614
$2,507,033,000 0.69%
Invesco Municipal Trust
Opened
210,611
$1,756,496,000 0.48%
Neuberger Berman Mun Fd Inc
Opened
186,913
$1,721,469,000 0.47%
Federated Hermes Prem Muni I
708.82%
179,179
$1,716,535,000 0.47%
Mfs Mun Income Tr
207.88%
370,838
$1,687,313,000 0.46%
New Amer High Income Fd Inc
530.22%
254,475
$1,648,998,000 0.45%
Invesco Pa Value Mun Inc Tr
1,073.26%
183,510
$1,642,415,000 0.45%
Virtus Dividend Interest & P
694.50%
142,859
$1,618,592,000 0.44%
Blackrock Muniyild Qult Fd I
Opened
156,119
$1,597,097,000 0.44%
Dws Strategic Mun Income Tr
327.46%
207,730
$1,564,207,000 0.43%
Bluescape Opportunities Acqu
Opened
151,646
$1,521,009,000 0.42%
Paramount Global
Opened
114,580
$1,478,082,000 0.40%
News Corp
Opened
73,235
$1,469,094,000 0.40%
Vanguard Intl Equity Index F
Opened
25,143
$1,456,534,000 0.40%
Mfs High Yield Mun Tr
68.81%
436,724
$1,366,946,000 0.37%
Mfs High Income Mun Tr
890.34%
423,836
$1,322,368,000 0.36%
Apollo Sr Floating Rate Fd I
75.86%
96,705
$1,299,715,000 0.36%
Western Asset Mun Partners F
423.65%
121,550
$1,285,999,000 0.35%
Blackrock Invt Quality Mun T
Opened
125,048
$1,265,486,000 0.35%
Eaton Vance Muni Income Trus
Opened
133,892
$1,192,978,000 0.33%
Abrdn Total Dynamic Dividend
Opened
155,623
$1,176,510,000 0.32%
Western Asset Inter Muni Fd
115.44%
160,926
$1,152,230,000 0.32%
Mfs Invt Grade Mun Tr
72.11%
157,608
$1,114,289,000 0.30%
Blackrock Muniyield Pa Qlty
Opened
106,526
$1,104,675,000 0.30%
Invesco Hig Incm 2023 Targ T
1,362.40%
159,723
$1,087,714,000 0.30%
Tekla Healthcare Opportuniti
Opened
62,536
$1,061,861,000 0.29%
First Tr High Yield Opprt 20
83.74%
78,102
$1,040,319,000 0.28%
Eaton Vance New York Mun Bd
116.50%
111,650
$925,579,000 0.25%
Invesco Advantage Mun Income
Opened
124,357
$921,485,000 0.25%
Calamos Lng Shr Eqt Dynamic
Opened
59,506
$880,094,000 0.24%
Blackrock Mun Target Term Tr
Opened
43,674
$847,712,000 0.23%
Neuberger Berman Energy Infr
47.29%
119,210
$820,165,000 0.22%
Neuberger Brman Clifrn Muni
182.03%
81,174
$794,693,000 0.22%
Abrdn Natl Mun Income Fd
Opened
84,771
$729,878,000 0.20%
Nuveen Arizona Qlty Mun Inc
Opened
75,083
$723,049,000 0.20%
Nuveen Pfd & Income Secs Fd
72.67%
111,908
$690,472,000 0.19%
Rush Enterprises Inc
Opened
15,357
$627,026,000 0.17%
John Hancock Hedged Equity &
Opened
64,000
$612,480,000 0.17%
Gabelli Hlthcare & Wellness
Opened
70,427
$604,264,000 0.17%
Abrdn Global Dynamic Dividen
Opened
67,776
$586,940,000 0.16%
Western Asset Emerging Mkts
165.11%
70,367
$584,046,000 0.16%
Nuveen Massachusets Qlt Mun
Opened
61,311
$581,228,000 0.16%
Blackstone Long Short Cr Inc
44.78%
47,775
$556,579,000 0.15%
First Tr Inter Duratn Pfd &
36.74%
36,951
$550,570,000 0.15%
Allspring Income Opportunit
Opened
84,564
$515,840,000 0.14%
Invesco High Income 2024 Tar
Opened
74,282
$515,517,000 0.14%
Virtus Convertible & Income
Opened
162,155
$504,302,000 0.14%
Spdr S&p 500 Etf Tr
95.02%
1,145
$489,465,000 0.13%
Pioneer Diversified High Inc
Opened
46,727
$477,550,000 0.13%
Thornburg Incm Builder Opp T
Opened
32,305
$471,653,000 0.13%
Blackstone Seni Fltn Rat 202
45.94%
35,076
$464,757,000 0.13%
Neuberger Berman N Y Mun Fd
310.44%
52,310
$458,236,000 0.13%
Nuveen Real Asset Income & G
Opened
42,024
$446,295,000 0.12%
Invesco Exch Traded Fd Tr Ii
Opened
21,106
$443,015,000 0.12%
Ishares Tr
52.32%
9,594
$415,324,000 0.11%
Invesco Value Mun Income Tr
Opened
39,611
$411,954,000 0.11%
Ecofin Sustainable And Socia
Opened
33,591
$402,420,000 0.11%
Flaherty & Crumrine Total Re
107.70%
28,546
$390,795,000 0.11%
Select Sector Spdr Tr
Opened
4,304
$389,039,000 0.11%
Mexico Fd Inc
Opened
23,551
$387,885,000 0.11%
Pimco New York Mun Fd Ii
Opened
60,294
$387,087,000 0.11%
Dtf Tax-free Income 2028 Ter
Opened
34,879
$372,159,000 0.10%
Guggenheim Active Alloc Fd
Opened
27,239
$367,727,000 0.10%
First Tr Dynamic Europe Equi
Opened
29,541
$366,308,000 0.10%
Wisdomtree Tr
Opened
9,140
$335,986,000 0.09%
Tortoise Midstrm Energy Fd I
42.85%
9,687
$330,908,000 0.09%
Mexico Equity & Income Fd
7.25%
34,005
$319,647,000 0.09%
Blackrock Science & Technolo
6.05%
17,405
$287,183,000 0.08%
Flaherty & Crumrine Dynamic
Opened
14,700
$246,519,000 0.07%
Lazard Global Total Return &
Opened
15,968
$220,997,000 0.06%
Nuveen Minn Quality Mun Inm
Opened
21,478
$209,411,000 0.06%
Central Secs Corp
Opened
5,667
$200,895,000 0.05%
Templeton Emerging Mkts Inco
Opened
41,025
$189,125,000 0.05%
Flaherty & Crumrine Pfd Inco
Opened
24,799
$184,505,000 0.05%
Blackrock Enhanced Global Di
Opened
18,747
$176,784,000 0.05%
Nuveen Preferred And Income
59.83%
11,139
$174,882,000 0.05%
Clough Global Opportunities
Opened
37,681
$166,927,000 0.05%
Nuveen Real Estate Income Fd
Opened
23,424
$156,941,000 0.04%
Flaherty & Crumrine Pfd Secs
56.49%
11,096
$143,915,000 0.04%
Voya Infrastructure Indls &
Opened
15,091
$142,308,000 0.04%
Acri Capital Acquisition Cor
Opened
12,744
$139,611,000 0.04%
Eaton Vance Tax-managed Glob
Opened
17,761
$135,694,000 0.04%
Herzfeld Caribbean Basin Fd
Opened
40,017
$133,657,000 0.04%
Brandywinegbl Gbl Incm Opp F
Opened
17,725
$133,115,000 0.04%
Gamco Nat Res Gold & Income
43.86%
25,492
$125,930,000 0.03%
Voya Glbl Eqty Div & Prem Op
Opened
25,166
$123,313,000 0.03%
Clough Global Equity Fd
Opened
21,768
$119,289,000 0.03%
Voya Glbl Adv & Prem Opp Fd
Opened
14,069
$116,773,000 0.03%
Blackrock Va Mun Bd Tr
Opened
12,145
$112,949,000 0.03%
Nuveen Pfd & Income Opportun
81.32%
15,000
$94,950,000 0.03%
First Tr Specialty Fin & Fin
153.42%
27,227
$91,755,000 0.03%
Pimco Calif Mun Income Fd Ii
Opened
13,860
$69,577,000 0.02%
Virtus Total Return Fd Inc
Opened
13,003
$62,414,000 0.02%
Reading International, Inc.
Opened
17,591
$37,293,000 0.01%
Atlanta Braves Holdings Inc
Closed
338,934
$12,781,000
Ishares Tr
Closed
224,133
$17,113,000
Blackrock Cap Allocation Tr
Closed
478,629
$6,514,000
Spdr Ser Tr
Closed
92,997
$7,718,000
Iron Spark I Inc
Closed
394,926
$3,922,000
Blackrock Health Sciencs Tr
Closed
253,756
$3,789,000
Nuveen Cr Strategies Income
Closed
681,299
$3,481,000
Austerlitz Acquisition Corp
Closed
648,307
$6,360,000
Cohen & Steers Tax Advan Pfd
Closed
118,090
$2,137,000
Clearbridge Energy Midstrm O
Closed
77,914
$1,949,000
Mountain Crest Acqusitn Crp
Closed
194,316
$1,922,000
Altitude Acquisition Corp
Closed
168,565
$1,694,000
Oxbridge Acquisition Corp
Closed
150,700
$1,516,000
Blackrock Innovation And Grw
Closed
207,701
$1,510,000
First Lt Acquisition Group I
Closed
149,600
$1,474,000
Nuveen Ohio Qlty Mun Income
Closed
113,619
$1,335,000
Apollo Tactical Income Fd In
Closed
106,609
$1,256,000
Malacca Straits Acquisition
Closed
121,842
$1,249,000
Kkr Income Opportunities Fd
Closed
101,717
$1,164,000
Blackstone Strategic Credit
Closed
105,409
$1,120,000
Tpg Pace Beneficial Ii Corp
Closed
113,200
$1,107,000
Western Ast Infl Lkd Opp & I
Closed
115,722
$1,050,000
Brilliant Acquisition Corporation
Closed
97,807
$1,034,000
Eaton Vance Sr Fltng Rte Tr
Closed
89,171
$991,000
Bull Horn Hldgs Corp
Closed
92,115
$939,000
Doubleline Yield Opportuniti
Closed
68,077
$918,000
Kayne Anderson Nextgen Enrgy
Closed
125,179
$885,000
Invesco Sr Income Tr
Closed
229,301
$853,000
Tortoise Energy Infra Corp
Closed
27,969
$838,000
Western Asset Mtg Defined Op
Closed
72,805
$809,000
Edoc Acquisition Corp.
Closed
71,671
$737,000
Blackrock Debt Strategies Fd
Closed
75,003
$669,000
Delaware Ivy High Income Opp
Closed
65,630
$662,000
Nuveen Mortgage And Income F
Closed
40,083
$645,000
Cohen & Steers Ltd Duration
Closed
34,529
$625,000
Afc Gamma Inc
Closed
39,808
$609,000
Western Asst Infltn Lkd Inm
Closed
59,626
$534,000
Invesco Exchange Traded Fd T
Closed
26,924
$509,000
Pioneer Floating Rate Fund I
Closed
58,152
$501,000
Cohen & Steers Select Pfd &
Closed
27,530
$494,000
Blackrock Calif Mun Income T
Closed
44,764
$460,000
Cushing Mlp & Infrastruct
Closed
13,968
$455,000
Insight Select Income Fd
Closed
25,952
$399,000
Ares Dynamic Cr Allocation F
Closed
30,113
$354,000
Athlon Acquisition Corp.
Closed
35,400
$349,000
Benessere Capital Acqustn Co
Closed
32,308
$335,000
Edtechx Holdings Acqu Corp I
Closed
29,701
$304,000
Pgim High Yield Bond Fund In
Closed
25,958
$300,000
Nuveen Sr Income Fd
Closed
58,629
$274,000
Barings Global Short Duratio
Closed
21,173
$259,000
Nuveen Global High Income Fd
Closed
24,504
$258,000
Pioneer High Income Fund Inc
Closed
38,929
$251,000
Macquarie Global Infrastruct
Closed
13,075
$249,000
Eaton Vance Flting Rate Inc
Closed
21,935
$249,000
Virtus Diversified Incm & Co
Closed
14,135
$248,000
LightJump Acquisition Corporation
Closed
24,684
$248,000
Blackrock Cr Allocation Inco
Closed
25,853
$247,000
Nuveen Corporate Income 2023
Closed
27,080
$244,000
Kludein I Acquisition Corp.
Closed
23,129
$232,000
Pgim Short Dur Hig Yld Opp F
Closed
14,284
$205,000
First Tr Sr Fltg Rate Income
Closed
20,303
$203,000
Nuveen Floating Rate Income
Closed
24,892
$202,000
Emerging Markets Horizon Cor
Closed
20,011
$200,000
Blackrock Floating Rate Inco
Closed
17,580
$194,000
Center Coast Brkfld Mlp Enrg
Closed
11,581
$192,000
Morgan Stanley Emerging Mkts
Closed
43,254
$174,000
Eaton Vance Sr Income Tr
Closed
31,895
$168,000
Cohen & Steers Quality Incom
Closed
14,831
$167,000
Blackrock Res & Commodities
Closed
17,888
$155,000
First Tr High Income Long /
Closed
13,007
$141,000
Bny Mellon High Yield Strate
Closed
59,680
$126,000
Western Asset High Income Op
Closed
33,586
$124,000
Blackrock Energy & Res Tr
Closed
10,634
$115,000
Hpx Corp
Closed
11,510
$114,000
Newbury Street Acquisitn Cor
Closed
11,500
$113,000
Bny Mellon Alcentra Global C
Closed
12,000
$82,000
Credit Suisse High Yield Bd
Closed
45,133
$79,000
Virtus Convertible & Inc Fd
Closed
16,338
$46,000
No transactions found
Showing first 500 out of 224 holdings