# EDGAR Filing Document

**Accession Number:** 0001910419
**File Stem:** 0001910419-23-000001
**Filing Date:** 2023-2
**Character Count:** 13168
**Document Hash:** 504c6987d1489fc92cd767bfc6ba09f0
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001910419-23-000001.hdr.sgml**: 20230213

**ACCESSION NUMBER**: 0001910419-23-000001

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230213

**DATE AS OF CHANGE**: 20230213

**EFFECTIVENESS DATE**: 20230213

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** CTC Capital Management, LLC
- **CENTRAL INDEX KEY:** 0001910419
- **IRS NUMBER:** 862704667
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-22064
- **FILM NUMBER:** 23616969

**BUSINESS ADDRESS:**
- **STREET 1:** 425 S. FINANCIAL PLACE
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60605
- **BUSINESS PHONE:** 3128638011

**MAIL ADDRESS:**
- **STREET 1:** 425 S. FINANCIAL PLACE
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60605

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2022

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** CTC Capital Management LLC<br>**Address:** 425 S. FINANCIAL PLACE<br>Chicago, IL 60605

**Form 13F File Number:** 028-22064

**CRD Number (if applicable):** 000313634

**SEC File Number (if applicable):** 801-121321

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Joseph Harriman<br>**Title:** Chief Operating Officer<br>**Phone:** 312-863-4525

**Signature, Place, and Date of Signing:**

Joseph Harriman  Chicago, IL  2-9-2023<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 96

**Form 13F Information Table Value Total:** $85938320

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| ADVANCE AUTO PARTS INC | COM | 00751Y106 |  | 382278 | 2600 | SH |  | SOLE | N/A | 2600 | 0 | 0 |
| AECOM | COM | 00766T100 |  | 339720 | 4000 | SH |  | SOLE | N/A | 4000 | 0 | 0 |
| AFLAC INC | COM | 001055102 |  | 1079100 | 15000 | SH |  | SOLE | N/A | 15000 | 0 | 0 |
| ALBERTSONS COS INC | COMMON STOCK | 013091103 |  | 311100 | 15000 | SH |  | SOLE | N/A | 15000 | 0 | 0 |
| ALLIANT ENERGY CORP | COM | 018802108 |  | 1910266 | 34600 | SH |  | SOLE | N/A | 34600 | 0 | 0 |
| ALLSPRING MULTI SECTOR INCOM | COM | 94987D101 |  | 140140 | 14300 | SH |  | SOLE | N/A | 14300 | 0 | 0 |
| AMERICAN EQTY INVT LIFE HLD | COM | 025676206 |  | 479010 | 10500 | SH |  | SOLE | N/A | 10500 | 0 | 0 |
| ANALOG DEVICES INC | COM | 032654105 |  | 1164613 | 7100 | SH |  | SOLE | N/A | 7100 | 0 | 0 |
| ARCHER DANIELS MIDLAND CO | COM | 039483102 |  | 2010203 | 21650 | SH |  | SOLE | N/A | 21650 | 0 | 0 |
| AXON ENTERPRISE INC | COM | 05464C101 |  | 331860 | 2000 | SH |  | SOLE | N/A | 2000 | 0 | 0 |
| BED BATH  BEYOND INC | COM | 075896100 |  | 1555176 | 619592 | SH |  | SOLE | N/A | 619592 | 0 | 0 |
| BED BATH  BEYOND INC | COM | 075896100 |  | 4190040 | 6761 | SH | Put | SOLE | N/A | 6761 | 0 | 0 |
| BLACKROCK CORPOR HI YLD FD I | COM | 09255P107 |  | 104006 | 11900 | SH |  | SOLE | N/A | 11900 | 0 | 0 |
| BLACKROCK MUNICIPAL INCOME | COM | 09253X102 |  | 117832 | 10400 | SH |  | SOLE | N/A | 10400 | 0 | 0 |
| BLACKROCK MUNIHLDNGS CALI QL | COM | 09254L107 |  | 191419 | 17823 | SH |  | SOLE | N/A | 17823 | 0 | 0 |
| BLACKSTONE INC | COM | 09260D107 |  | 215151 | 2900 | SH |  | SOLE | N/A | 2900 | 0 | 0 |
| BNY MELLON HIGH YIELD STRATE | SH BEN INT | 09660L105 |  | 71511 | 33107 | SH |  | SOLE | N/A | 33107 | 0 | 0 |
| BROWN FORMAN CORP | CL B | 115637209 |  | 2141168 | 32600 | SH |  | SOLE | N/A | 32600 | 0 | 0 |
| BUNGE LIMITED | COM | G16962105 |  | 259402 | 2600 | SH |  | SOLE | N/A | 2600 | 0 | 0 |
| CHEMED CORP NEW | COM | 16359R103 |  | 255215 | 500 | SH |  | SOLE | N/A | 500 | 0 | 0 |
| CHESAPEAKE UTILS CORP | COM | 165303108 |  | 567264 | 4800 | SH |  | SOLE | N/A | 4800 | 0 | 0 |
| CONDUENT INC | COM | 206787103 |  | 50220 | 12400 | SH |  | SOLE | N/A | 12400 | 0 | 0 |
| CROWN CASTLE INC | COM | 22822V101 |  | 727302 | 5362 | SH |  | SOLE | N/A | 5362 | 0 | 0 |
| CSX CORP | COM | 126408103 |  | 2202678 | 71100 | SH |  | SOLE | N/A | 71100 | 0 | 0 |
| DEERE  CO | COM | 244199105 |  | 2516392 | 5869 | SH |  | SOLE | N/A | 5869 | 0 | 0 |
| DIGITAL RLTY TR INC | COM | 253868103 |  | 381026 | 3800 | SH |  | SOLE | N/A | 3800 | 0 | 0 |
| DOMINION ENERGY INC | COM | 25746U109 |  | 352590 | 5750 | SH |  | SOLE | N/A | 5750 | 0 | 0 |
| EQUITY RESIDENTIAL | SH BEN INT | 29476L107 |  | 413000 | 7000 | SH |  | SOLE | N/A | 7000 | 0 | 0 |
| ESSEX PPTY TR INC | COM | 297178105 |  | 951097 | 4488 | SH |  | SOLE | N/A | 4488 | 0 | 0 |
| EVERGY INC | COM | 30034W106 |  | 2369315 | 37650 | SH |  | SOLE | N/A | 37650 | 0 | 0 |
| EXTRA SPACE STORAGE INC | COM | 30225T102 |  | 677028 | 4600 | SH |  | SOLE | N/A | 4600 | 0 | 0 |
| FERGUSON PLC NEW | SHS | G3421J106 |  | 534230 | 43565 | SH |  | SOLE | N/A | 43565 | 0 | 0 |
| FIFTH THIRD BANCORP | COM | 316773100 |  | 383877 | 11700 | SH |  | SOLE | N/A | 11700 | 0 | 0 |
| FORD MTR CO DEL | COM | 345370860 |  | 408213 | 35100 | SH |  | SOLE | N/A | 35100 | 0 | 0 |
| FRANKLIN LTD DURATION INCOME | COM | 35472T101 |  | 83624 | 13466 | SH |  | SOLE | N/A | 13466 | 0 | 0 |
| GAMCO GLOBAL GOLD NAT RES | COM SH BEN INT | 36465A109 |  | 75504 | 20800 | SH |  | SOLE | N/A | 20800 | 0 | 0 |
| GARMIN LTD | SHS | H2906T109 |  | 2178044 | 23600 | SH |  | SOLE | N/A | 23600 | 0 | 0 |
| GILEAD SCIENCES INC | COM | 375558103 |  | 2172005 | 25300 | SH |  | SOLE | N/A | 25300 | 0 | 0 |
| GRACO INC | COM | 384109104 |  | 343026 | 5100 | SH |  | SOLE | N/A | 5100 | 0 | 0 |
| HASBRO INC | COM | 418056107 |  | 628403 | 10300 | SH |  | SOLE | N/A | 10300 | 0 | 0 |
| HENRY JACK  ASSOC INC | COM | 426281101 |  | 596904 | 3400 | SH |  | SOLE | N/A | 3400 | 0 | 0 |
| HIGH INCOME SECS FD | SHS BEN INT | 42968F108 |  | 110500 | 17000 | SH |  | SOLE | N/A | 17000 | 0 | 0 |
| HORIZON THERAPEUTICS PUB L | SHS | G46188101 |  | 387489 | 3405 | SH |  | SOLE | N/A | 3405 | 0 | 0 |
| HUMANA INC | COM | 444859102 |  | 2203441 | 4302 | SH |  | SOLE | N/A | 4302 | 0 | 0 |
| HUNTINGTON BANCSHARES INC | COM | 446150104 |  | 262260 | 18600 | SH |  | SOLE | N/A | 18600 | 0 | 0 |
| ISHARES TR | U.S. REAL ES ETF | 464287739 |  | 2367844 | 28125 | SH |  | SOLE | N/A | 28125 | 0 | 0 |
| LANDSTAR SYS INC | COM | 515098101 |  | 244350 | 1500 | SH |  | SOLE | N/A | 1500 | 0 | 0 |
| LPL FINL HLDGS INC | COM | 50212V100 |  | 259404 | 1200 | SH |  | SOLE | N/A | 1200 | 0 | 0 |
| LUMEN TECHNOLOGIES INC | COM | 550241103 |  | 443178 | 84900 | SH |  | SOLE | N/A | 84900 | 0 | 0 |
| MCDONALDS CORP | COM | 580135101 |  | 2068711 | 7850 | SH |  | SOLE | N/A | 7850 | 0 | 0 |
| MCKESSON CORP | COM | 58155Q103 |  | 2100672 | 5600 | SH |  | SOLE | N/A | 5600 | 0 | 0 |
| MEDTRONIC PLC | SHS | G5960L103 |  | 248704 | 3200 | SH |  | SOLE | N/A | 3200 | 0 | 0 |
| MORGAN STANLEY EMERGING MKTS | COM | 617477104 |  | 72600 | 16500 | SH |  | SOLE | N/A | 16500 | 0 | 0 |
| NETAPP INC | COM | 64110D104 |  | 246246 | 4100 | SH |  | SOLE | N/A | 4100 | 0 | 0 |
| NISOURCE INC | COM | 65473P105 |  | 235812 | 8600 | SH |  | SOLE | N/A | 8600 | 0 | 0 |
| NORFOLK SOUTHN CORP | COM | 655844108 |  | 2186485 | 8873 | SH |  | SOLE | N/A | 8873 | 0 | 0 |
| NU SKIN ENTERPRISES INC | CL A | 67018T105 |  | 472192 | 11200 | SH |  | SOLE | N/A | 11200 | 0 | 0 |
| NUVEEN CR STRATEGIES INCOME | COM SHS | 67073D102 |  | 69733 | 13700 | SH |  | SOLE | N/A | 13700 | 0 | 0 |
| NUVEEN FLOATING RATE INCOME | COM | 67072T108 |  | 84744 | 10700 | SH |  | SOLE | N/A | 10700 | 0 | 0 |
| NUVEEN FLOATING RATE INCOME | COM SHS | 6706EN100 |  | 83801 | 10730 | SH |  | SOLE | N/A | 10730 | 0 | 0 |
| NUVEEN MUN HIGH INCOME OPPOR | COM | 670682103 |  | 110638 | 10700 | SH |  | SOLE | N/A | 10700 | 0 | 0 |
| NUVEEN MUNICIPAL CREDIT INC | COM SH BEN INT | 67070X101 |  | 172744 | 14300 | SH |  | SOLE | N/A | 14300 | 0 | 0 |
| ONEOK INC NEW | COM | 682680103 |  | 407340 | 6200 | SH |  | SOLE | N/A | 6200 | 0 | 0 |
| ORGANON  CO | COMMON STOCK | 68622V106 |  | 284886 | 10200 | SH |  | SOLE | N/A | 10200 | 0 | 0 |
| OTIS WORLDWIDE CORP | COM | 68902V107 |  | 971044 | 12400 | SH |  | SOLE | N/A | 12400 | 0 | 0 |
| PACCAR INC | COM | 693718108 |  | 2202083 | 22250 | SH |  | SOLE | N/A | 22250 | 0 | 0 |
| PERRIGO CO PLC | SHS | G97822103 |  | 1861314 | 54600 | SH |  | SOLE | N/A | 54600 | 0 | 0 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 2135531 | 21100 | SH |  | SOLE | N/A | 21100 | 0 | 0 |
| RELIANCE STEEL  ALUMINUM CO | COM | 759509102 |  | 364392 | 1800 | SH |  | SOLE | N/A | 1800 | 0 | 0 |
| REPUBLIC SVCS INC | COM | 760759100 |  | 915829 | 7100 | SH |  | SOLE | N/A | 7100 | 0 | 0 |
| ROPER TECHNOLOGIES INC | COM | 776696106 |  | 2160450 | 5000 | SH |  | SOLE | N/A | 5000 | 0 | 0 |
| SAREPTA THERAPEUTICS INC | COM | 803607100 |  | 310992 | 2400 | SH |  | SOLE | N/A | 2400 | 0 | 0 |
| SELECT SECTOR SPDR TR | SBI MATERIALS | 81369Y100 |  | 994304 | 12800 | SH |  | SOLE | N/A | 12800 | 0 | 0 |
| SELECT SECTOR SPDR TR | TECHNOLOGY | 81369Y803 |  | 4914758 | 39495 | SH |  | SOLE | N/A | 39495 | 0 | 0 |
| SIMON PPTY GROUP INC NEW | COM | 828806109 |  | 422928 | 3600 | SH |  | SOLE | N/A | 3600 | 0 | 0 |
| SPIRE INC | COM | 84857L101 |  | 1390972 | 20200 | SH |  | SOLE | N/A | 20200 | 0 | 0 |
| SPIRIT AIRLS INC | COM | 848577102 |  | 194800 | 10000 | SH |  | SOLE | N/A | 10000 | 0 | 0 |
| SPROTT PHYSICAL GOLD TR | UNIT | 85207H104 |  | 555540 | 39400 | SH |  | SOLE | N/A | 39400 | 0 | 0 |
| STANLEY BLACK  DECKER INC | COM | 854502101 |  | 544620 | 7250 | SH |  | SOLE | N/A | 7250 | 0 | 0 |
| SUN CMNTYS INC | COM | 866674104 |  | 414700 | 2900 | SH |  | SOLE | N/A | 2900 | 0 | 0 |
| TEMPLETON EMERGING MKTS INCO | COM | 880192109 |  | 65880 | 12000 | SH |  | SOLE | N/A | 12000 | 0 | 0 |
| TEXAS INSTRS INC | COM | 882508104 |  | 1833942 | 11100 | SH |  | SOLE | N/A | 11100 | 0 | 0 |
| TJX COS INC NEW | COM | 872540109 |  | 2117360 | 26600 | SH |  | SOLE | N/A | 26600 | 0 | 0 |
| TORO CO | COM | 891092108 |  | 1075400 | 9500 | SH |  | SOLE | N/A | 9500 | 0 | 0 |
| UDR INC | COM | 902653104 |  | 426030 | 11000 | SH |  | SOLE | N/A | 11000 | 0 | 0 |
| UNION PAC CORP | COM | 907818108 |  | 2124538 | 10260 | SH |  | SOLE | N/A | 10260 | 0 | 0 |
| UNITED THERAPEUTICS CORP DEL | COM | 91307C102 |  | 389326 | 1400 | SH |  | SOLE | N/A | 1400 | 0 | 0 |
| UNUM GROUP | COM | 91529Y106 |  | 242077 | 5900 | SH |  | SOLE | N/A | 5900 | 0 | 0 |
| URANIUM ENERGY CORP | COM | 916896103 |  | 48888 | 12600 | SH |  | SOLE | N/A | 12600 | 0 | 0 |
| V F CORP | COM | 918204108 |  | 292666 | 10600 | SH |  | SOLE | N/A | 10600 | 0 | 0 |
| VIRTUS CONVERTIBLE  INC FD | COM | 92838U108 |  | 52128 | 18100 | SH |  | SOLE | N/A | 18100 | 0 | 0 |
| VMWARE INC | CL A COM | 928563402 |  | 1104840 | 9000 | SH |  | SOLE | N/A | 9000 | 0 | 0 |
| WASTE MGMT INC DEL | COM | 94106L109 |  | 988344 | 6300 | SH |  | SOLE | N/A | 6300 | 0 | 0 |
| WEC ENERGY GROUP INC | COM | 92939U106 |  | 1940832 | 20700 | SH |  | SOLE | N/A | 20700 | 0 | 0 |
| WP CAREY INC | COM | 92936U109 |  | 312600 | 4000 | SH |  | SOLE | N/A | 4000 | 0 | 0 |
| XCEL ENERGY INC | COM | 98389B100 |  | 1584486 | 22600 | SH |  | SOLE | N/A | 22600 | 0 | 0 |

---