HHQTX — Hancock Horizon Quantitative Long/Short Fund
Data updated: 2021-08-26
HHQTX — Hancock Horizon Quantitative Long/Short Fund. United States Real Estate · $78.63M AUM. Holdings, fees, performance and SEC filings.
HHQTX Fund Overview
HHQTX — Hancock Horizon Quantitative Long/Short Fund is a US mutual fund managed by Advisors' Inner Circle Fund II, categorised as United States Real Estate. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Advisors' Inner Circle Fund II
- Category: United States Real Estate
- Assets under management: $78.63M
- 1-year return: 15.6%
- Ticker: HHQTX
- SEC CIK: 0000890540
- SEC series ID: S000023556
- Share class ID: C000069324
HHQTX Investment Objective and Strategy
Hancock Horizon Quantitative Long/Short Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Advisors' Inner Circle Fund II.
Investment objective
"The Hancock Horizon Quantitative Long/Short Fund (the ""Quantitative Long/Short Fund"" or the ""Fund"") seeks long-term capital appreciation."
Principal investment strategy
"The Fund seeks long-term capital appreciation by taking long and short positions in equity securities of publicly-traded companies in the United States. Using a quantitative model developed by the Adviser, the Fund buys stocks ""long"" that the Adviser believes are undervalued relative to their peers, and sells stocks ""short"" that the Adviser believes are overvalued relative to their peers. The Fund primarily buys and sells stocks included in the S&P Composite 1500 Index, but may invest in other companies with market capitalizations of at least $100 million. The Fund typically maintains a net long exposure of approximately 45-115% and expects that, on average, 0-35% of the Fund's assets will be sold ""short."" With a long position, the Fund purchases a security outright; with a short position, the Fund sells a security that it has borrowed.
When the Fund sells a security short, it borrows the security from a third party and sells it at the then current market price. The Fund is then obligated to buy the security on a later date so that it can return the security to the lender. Short positions may be used either to hedge long positions or may be used speculatively to seek positive returns in instances where the Adviser believes a security's price will decline. The Fund will either realize a profit or incur a loss from a short position, depending on whether the value of the underlying stock decreases or increases, respectively, between the time it is sold and when the Fund replaces the borrowed security. The Fund may reinvest the proceeds of its short sales by taking additional long positions, thus allowing the Fund to maintain long positions in excess of 100% of its net assets.
The Fund may, but is not required to, use derivatives, such as futures, options, forward contracts, and swap agreements, as an alternative to selling a security short, to increase returns, or as part of a hedging strategy. The Fund may also invest in real estate investment trusts (""REITs""). In its investment decision making process, the Adviser first utilizes various quantitative screens based on valuation, earnings, and momentum factors. The information provided by the quantitative screens is then supplemented by fundamental and technical analysis. The Adviser continually monitors the Fund's portfolio and may sell or cover a short position of a security when there is a fundamental change in the company's prospects or better investment opportunities become available. The Fund may buy and sell investments frequently, which could result in a high portfolio turnover rate."
HHQTX Performance
Total returns for HHQTX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 15.6% |
HHQTX Risk Information
Risk metrics for HHQTX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 6.5%
HHQTX Costs and Fees
HHQTX costs about $142 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.42%
- Gross expense ratio: 1.42%
- Portfolio turnover: 74%
- Brokerage commissions: 15.11 bps of average net assets (SEC N-CEN)
HHQTX Cashflows
Over the 12 months to 2021-06, Hancock Horizon Quantitative Long/Short Fund had net inflows of $45.44M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2021-06 | $7.78M |
| 2021-05 | $1.49M |
| 2021-04 | $609.38K |
| 2021-03 | $4.11M |
| 2021-02 | $2.14M |
| 2021-01 | $3.45M |
HHQTX Debt Constituents
No individual debt constituents are reported in Hancock Horizon Quantitative Long/Short Fund's latest SEC N-PORT filing.
HHQTX Prospectus and SEC Filings
Official Hancock Horizon Quantitative Long/Short Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2021-04-30
- Prospectus (485BPOS) — filed 2020-06-16
- Prospectus (485BPOS) — filed 2019-06-12
- Portfolio holdings (N-PORT) — filed 2021-08-26
- Portfolio holdings (N-PORT) — filed 2021-05-28
- Portfolio holdings (N-PORT) — filed 2021-03-01
- Annual census (N-CEN) — filed 2021-03-15
- Annual census (N-CEN) — filed 2020-04-15
Related Funds
Other United States Real Estate funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.