Archer Capital Management, L.P. 13F annual report

Archer Capital Management, L.P. is an investment fund managing more than $16.1 million ran by Eric Edidin. There are currently 5 companies in Mr. Edidin’s portfolio. The largest investments include WideOpenWest and Loral Space & Communicatns I, together worth $8.75 million.

$16.1 million Assets Under Management (AUM)

As of 7th October 2020, Archer Capital Management, L.P.’s top holding is 630,771 shares of WideOpenWest currently worth over $4.5 million and making up 27.9% of the portfolio value. Relative to the number of outstanding shares of WideOpenWest, Archer Capital Management, L.P. owns more than approximately 0.1% of the company. In addition, the fund holds 114,229 shares of Loral Space & Communicatns I worth $4.26 million. The third-largest holding is Zayo Group Hldgs Inc worth $3.52 million and the next is Nii Hldgs Inc worth $2.55 million, with 579,213 shares owned.

Currently, Archer Capital Management, L.P.'s portfolio is worth at least $16.1 million. 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 Archer Capital Management, L.P.

The Archer Capital Management, L.P. office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Eric Edidin serves as the Managing Member of the General Partner at Archer Capital Management, L.P..

Recent trades

In the most recent 13F filing, Archer Capital Management, L.P. revealed that it had increased its stake in Nii Hldgs Inc and bought 50,890 additional shares worth around .

On the other hand, there are companies that Archer Capital Management, L.P. is getting rid of from its portfolio. Archer Capital Management, L.P. closed its position in Everi on 14th February 2019. It sold the previously owned 1,870,349 shares for $17.2 million. Eric Edidin also disclosed a decreased stake in WideOpenWest by 0.4%. This leaves the value of the investment at $4.5 million and 630,771 shares.

One of the smallest hedge funds

The two most similar investment funds to Archer Capital Management, L.P. are Proxima Capital Management and Nelson Peltz. They manage $15.9 million and $15.8 million respectively.

Eric Edidin investment strategy

Archer Capital Management, L.P.’s portfolio is diversified across 2 sectors. Currently, their heaviest sector is Communication Services — making up 27.9% of the total portfolio value. The fund focuses on investments in the United States as 20.0% 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 approximately 0.1% 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 $452 million.

The complete list of Archer Capital Management, L.P. trades based on 13F SEC filings

These positions were updated on February 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
Everi Holdings, Inc.	Closed 1,870,349	$17,151,000
Comcast Corp New	Closed 410,000	$14,518,000
Wyndham Hotels & Resorts, Inc.	Closed 194,138	$10,788,000
Luxfer Holdings Plc	Closed 457,127	$10,628,000
Essent Group Ltd.	Closed 181,898	$8,049,000
Mgic Invt Corp Wis	Closed 426,800	$5,681,000
WideOpenWest, Inc.	35.02% 630,771	$4,497,000	27.89%
Equinix, Inc.	Closed 10,000	$4,329,000
Bioscrip Inc	Closed 1,372,492	$4,255,000
Loral Space & Communicatns I	27.83% 114,229	$4,255,000	26.39%
Zayo Group Hldgs Inc	57.72% 154,100	$3,520,000	21.83%
Nii Hldgs Inc	9.63% 579,213	$2,554,000	15.84%
Emerald Expositions Events I	Closed 80,796	$1,332,000
Pdvwireless Inc	62.99% 34,686	$1,297,000	8.04%
Akorn Inc	Closed 80,600	$1,046,000
Jetpay Corp	Closed 100,100	$197,000
No transactions found
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