1607 Capital Partners, LLC
1607 Capital Partners, LLC is an independent investment adviser based in Richmond, Virginia, founded in 2007. The firm manages over $3.8 billion in assets and employs approximately 16 professionals. It serves foundations, endowments, pension funds, family offices, and healthcare institutions, specializing in global closed-end fund investment with a team that has refined its approach over decades.
Investment Strategy
1607 Capital Partners employs a value-oriented investment approach, focusing on global closed-end funds (CEFs) trading at substantial discounts to their underlying value. Their time-tested process emphasizes consistency and robustness in relative returns through active portfolio management, leveraging the unique features of CEFs to deliver differentiated and attractive results for long-term institutional clients such as foundations, endowments, and pensions.
Top Holdings
Equity Positions (117)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
B BKLN | INVESCO EXCH TRADED FD TR II | 7.17% | $88.5M | 4,228,700 | $20.99 | $20.92 | +$2.8M |
U USHY | ISHARES TR | 6.15% | $75.8M | 2,021,200 | $36.80 | $37.51 | -$1.1M |
G GOVT | ISHARES TR | 5.69% | $70.2M | 3,054,687 | $24.10 | $22.98 | +$3.3M |
E EWJ | ISHARES INC | 3.80% | $46.9M | 625,262 | $55.00 | $74.97 | -$21.4M |
E EZU | ISHARES INC | 3.71% | $45.8M | 770,581 | $43.97 | $59.45 | +$2.9M |