Soros Fund Management

Q1 2016 13F · by George Soros, founder

As of: Mar 31, 2016
Filed: May 16, 2016
US stock: $2.6B · prev $4.7B
Positions: 199 · prev 218
Options notional: $1.0B
Documents: 1· no amendments

Picture56.7% US stock

Partial picture · of what this 13F reports is US stock

US stock listed on a US exchange 56.7%
Foreign stock not listed in the US 0.0%
Notes debt, at principal 20.9%
Puts at notional value 14.9%
Calls at notional value 7.5%

Moves327 since the prior filing

+41.1 pp in · −45.6 pp out

New 108 +29.43 pp
Added 24 +11.66 pp
Trimmed 41 −10.59 pp
Exited 127 −34.96 pp

Options: 27 moves on a notional base, in the table below.

The book

Focused · behaves like 37 equal-sized positions

Very concentrated
Concentrated
Focused
Diversified

High turnover · 260% a year, about 0.4 years per position

Low
Moderate
High

Top 5 positions28% of US stock

ABX Barrick Mining Corporation new+10.26 pp new+10.2610.3%
AGRO Adecoagro S.a. trimmed−0.52 pp trimmed−0.526.3%
ZTS Zoetis Inc. trimmed+0.54 pp trimmed+0.544.0%
unresolved Polycom Inc trimmed+1.16 pp trimmed+1.163.5%
EBAY eBay Inc added+1.43 pp added+1.433.4%

Positions199 in this filing · 127 exited


ABXBarrick Mining Corporation	10.26%	19,419,309	$264M	new	+10.26 pp	new
AGROAdecoagro S.a.	6.28%	13,965,681	$161M	trimmed−46%	−0.52 pp	12 q
ZTSZoetis Inc.	4.00%	2,316,921	$103M	trimmed−32%	+0.54 pp	12 q
unresolvedPolycom Inc	3.54%	8,166,666	$91M	trimmed−8%	+1.16 pp	10 q
EBAYeBay Inc	3.44%	3,704,830	$88M	added+8%	+1.43 pp	10 q
VIAVViavi Solutions Inc.	2.66%	9,966,666	$68M	trimmed−1%	+1.35 pp	3 q
EQIXEquinix, Inc.	2.65%	206,215	$68M	added×2.1	+2.02 pp	2 q
unresolvedTime Warner Cable Inc	2.58%	323,865	$66M	trimmed−19%	+1.01 pp	4 q
CHDNChurchill Downs Inc	2.23%	387,381	$57M	held	—	12 q
GLPIGaming and Leisure Properties, Inc.	2.17%	1,806,038	$56M	added+30%	+1.35 pp	5 q
PYPLPayPal Holdings, Inc.	2.06%	1,372,413	$53M	trimmed−54%	−0.22 pp	3 q
METAMeta Platforms, Inc. Class A	1.97%	442,696	$51M	trimmed−46%	+0.15 pp	11 q
Allergan PLCconvertible	1.83%	51,000	$47M	held	—	4 q
CITCIT Group Inc.	1.69%	1,400,628	$43M	held	—	3 q
unresolvedCaesars Acquisition Co	1.56%	6,535,083	$40M	added+1%	+0.62 pp	10 q
KHCThe Kraft Heinz Company	1.54%	505,133	$40M	trimmed−32%	+0.39 pp	3 q
ACTAllergan PLC	1.49%	143,277	$38M	trimmed−61%	−0.95 pp	4 q
AALAmerican Airlines Group Inc.	1.46%	913,374	$37M	trimmed−50%	−0.18 pp	10 q
unresolvedBaxalta Inc	1.39%	887,071	$36M	new	+1.39 pp	new
RACEFerrari N.V.	1.38%	850,000	$35M	new	+1.38 pp	new
JDJD.com, Inc.	1.34%	1,296,467	$34M	added+56%	+0.77 pp	4 q
CZRCaesars Entertainment, Inc.	1.33%	5,018,427	$34M	held	—	12 q
unresolvedTravelport Worldwide Ltd	1.28%	2,400,000	$33M	trimmed−9%	+0.55 pp	7 q
MDLZMondelez International, Inc. Class A	1.21%	772,731	$31M	trimmed−28%	+0.18 pp	12 q
ESNTEssent Group LTD	1.20%	1,481,278	$31M	held	—	10 q
CCICrown Castle Inc.	1.19%	354,519	$31M	new	+1.19 pp	new
unresolvedBroadcom Ltd	0.97%	161,743	$25M	new	+0.97 pp	new
AMZNAmazon.Com Inc	0.95%	41,140	$24M	trimmed−61%	−0.58 pp	3 q
unresolvedChipmos Tech Bermuda Ltd	0.93%	1,372,921	$24M	held	—	8 q
SLBSLB Limited	0.92%	322,261	$24M	new	+0.92 pp	new
1LGEUSDLiberty Global PLC Lilac - C	0.84%	571,007	$22M	trimmed−45%	−0.11 pp	3 q
DISHDISH Network Corp.	0.83%	458,458	$21M	trimmed−65%	−0.76 pp	12 q
unresolvedE M C Corp Mass	0.80%	766,761	$20M	added×2.6	+0.64 pp	2 q
TMUST-Mobile US, Inc.	0.80%	537,113	$21M	trimmed−1%	+0.35 pp	8 q
unresolvedAetna Inc New	0.77%	175,965	$20M	new	+0.77 pp	new
unresolvedQlogic Corp	0.77%	1,467,566	$20M	added+4%	+0.40 pp	3 q
unresolvedStarwood HOTELS&RESORTS Wrld	0.75%	231,787	$19M	added×2.3	+0.60 pp	2 q
BAXBaxter International Inc.	0.72%	448,200	$18M	trimmed−9%	+0.32 pp	3 q
unresolvedExa Corp	0.72%	1,430,000	$19M	held	—	5 q
IBBiShares Biotechnology ETF	0.69%	67,600	$18M	new	+0.69 pp	new
OGEOGE Energy Corp.	0.69%	619,336	$18M	new	+0.69 pp	new
ABTAbbott Laboratories	0.68%	419,181	$18M	trimmed−37%	+0.04 pp	12 q
MXLMaxLinear, Inc.	0.68%	939,748	$17M	trimmed−32%	+0.24 pp	5 q
unresolvedChina Biologic Products Inc	0.67%	149,700	$17M	added×2.2	+0.46 pp	2 q
MXIMMaxim Integrated Products	0.67%	467,143	$17M	added+17%	+0.35 pp	3 q
EQTEqt Corp	0.66%	251,460	$17M	trimmed−83%	−0.96 pp	12 q
unresolvedSilver Wheaton (Nys)	0.65%	1,000,000	$17M	new	+0.65 pp	new
MODNModel N, Inc.	0.64%	1,529,766	$16M	added+43%	+0.39 pp	3 q
TSETrinseo SA	0.64%	450,100	$17M	new	+0.64 pp	new
WWayfair Inc.	0.61%	362,041	$16M	added+36%	+0.34 pp	5 q
JMEINJumei International-adr	0.60%	2,362,234	$15M	new	+0.60 pp	new
unresolvedMead Johnson Nut'n Co	0.60%	180,000	$15M	added+38%	+0.38 pp	6 q
QCOMQualcomm Inc	0.58%	290,641	$15M	new	+0.58 pp	new
HUMHumana Inc.	0.56%	78,763	$14M	new	+0.56 pp	new
unresolvedSBA Comms Corp	0.56%	143,753	$14M	new	+0.56 pp	new
unresolvedSanDisk Corp	0.52%	175,104	$13M	new	+0.52 pp	new
EPCEdgewell Personal Care Company	0.51%	162,228	$13M	added+6%	+0.25 pp	4 q
LORLLoral Space and Communications, Inc.	0.48%	348,826	$12M	trimmed−68%	−0.46 pp	12 q
HOUSAnywhere Real Estate Inc.	0.46%	325,000	$12M	added+30%	+0.26 pp	6 q
LUVSouthwest Airlines Co.	0.46%	262,506	$12M	new	+0.46 pp	new
unresolvedLions Gate Entmnt Corp	0.45%	532,786	$12M	trimmed−56%	−0.38 pp	4 q
ALLEAllegion Public Limited Company	0.44%	176,974	$11M	trimmed−22%	−0.32 pp	10 q
OKEOneok, Inc.	0.42%	357,755	$11M	new	+0.42 pp	new
WUBA58.COM Inc	0.41%	189,626	$11M	trimmed−63%	−0.32 pp	4 q
SPYState Street SPDR S&P 500 ETF Trust	0.41%	51,700	$11M	added×6.4	+0.37 pp	9 q
RICEEqt Re Merger Sub Inc	0.40%	743,500	$10M	new	+0.40 pp	new
SYFSynchrony Financial	0.40%	360,434	$10M	trimmed−95%	−4.23 pp	2 q
IBNICICI Bank Limited	0.39%	1,402,157	$10M	new	+0.39 pp	new
SPGSimon Property Group, Inc.	0.39%	48,797	$10M	new	+0.39 pp	new
MMYTMakeMyTrip Limited	0.38%	534,258	$10M	added×2.2	+0.29 pp	2 q
unresolvedSmart & Final Stores Inc	0.37%	580,906	$9M	trimmed−44%	−0.03 pp	5 q
2663134DBitauto Holdings Ltd-adr	0.36%	371,087	$9M	added×8.7	+0.33 pp	2 q
CNPCenterPoint Energy, Inc.	0.33%	400,378	$8M	new	+0.33 pp	new
unresolvedExar Corp	0.32%	1,435,586	$8M	trimmed−20%	+0.09 pp	12 q
NFLXNetFlix Inc	0.29%	71,732	$7M	new	+0.29 pp	new
ELVElevance Health, Inc.	0.24%	44,182	$6M	new	+0.24 pp	new
unresolvedCameron International Corp	0.24%	92,091	$6M	held	—	3 q
unresolvedMazor Robotics Ltd	0.23%	475,065	$6M	trimmed−8%	+0.12 pp	9 q
unresolvedCharter Comm's Inc	0.22%	27,586	$6M	new	+0.22 pp	new
LOWLowe's Companies Inc.	0.22%	73,695	$6M	new	+0.22 pp	new
unresolvedVwr Corp	0.21%	200,000	$5M	added×7.5	+0.19 pp	2 q
GOOGLAlphabet Inc. Class A	0.20%	6,637	$5M	trimmed−90%	−0.89 pp	2 q
UNPUnion Pacific Corp.	0.20%	63,387	$5M	new	+0.20 pp	new
unresolvedYahoo Inc	0.20%	141,924	$5M	new	+0.20 pp	new
unresolvedQlik Technologies Inc	0.19%	166,666	$5M	new	+0.19 pp	new
ODPOffice Depot Inc	0.17%	628,919	$4M	trimmed−29%	+0.06 pp	6 q
unresolvedRite Aid Corp	0.16%	500,000	$4M	trimmed−38%	+0.02 pp	2 q
unresolvedWebmd Health Corp	0.16%	66,400	$4M	new	+0.16 pp	new
ABEOAbeona Therapeutics Inc.	0.15%	1,462,122	$4M	held	—	4 q
unresolvedAmaya Inc	0.14%	263,167	$4M	trimmed−82%	−0.24 pp	2 q
unresolvedCigna Corporation	0.14%	26,000	$4M	new	+0.14 pp	new
WHRWhirlpool Corp.	0.14%	20,000	$4M	new	+0.14 pp	new
CNCCentene Corporation	0.13%	54,697	$3M	new	+0.13 pp	new
unresolvedHercules Offshore Inc	0.13%	1,404,596	$3M	held	—	2 q
unresolvedInvensense Inc	0.13%	412,777	$3M	added×8.0	+0.12 pp	9 q
BBTTruist Financial Corporation	0.12%	94,500	$3M	new	+0.12 pp	new
unresolvedCempra Inc	0.12%	181,825	$3M	new	+0.12 pp	new
unresolvedDct Industrial Trust Inc	0.12%	77,200	$3M	new	+0.12 pp	new
CMECME Group Inc.	0.11%	30,000	$3M	held	—	12 q
CVSCvs Health Corporation	0.11%	27,511	$3M	added+6%	+0.06 pp	2 q
LPSNLivePerson Inc	0.11%	466,666	$3M	trimmed−61%	−0.06 pp	3 q
MRVLMarvell Technology, Inc.	0.11%	266,666	$3M	new	+0.11 pp	new
GSITGSI Technology	0.09%	562,726	$2M	held	—	5 q
LSCCLattice Semiconductor Corp	0.09%	410,473	$2M	new	+0.09 pp	new
unresolvedPharmerica Corp	0.09%	100,129	$2M	new	+0.09 pp	new
unresolvedAlere Inc	0.08%	42,800	$2M	new	+0.08 pp	new
XONPrecigen, Inc.	0.08%	57,100	$2M	new	+0.08 pp	new
TAPMolson Coors Beverage Company Class B	0.08%	20,121	$2M	new	+0.08 pp	new
PAMPampa Energia S.a.	0.08%	92,400	$2M	new	+0.08 pp	new
PROPros Holdings, Inc.	0.08%	175,265	$2M	new	+0.08 pp	new
SYKStryker Corporation	0.08%	20,300	$2M	new	+0.08 pp	new
WBAWalgreens Boots Alliance, Inc	0.08%	25,558	$2M	trimmed−15%	+0.03 pp	6 q
AAgilent Technologies Inc.	0.07%	42,800	$2M	new	+0.07 pp	new
TECHBio-Techne Corp.	0.07%	18,000	$2M	new	+0.07 pp	new
CYCypress Semiconductor	0.07%	216,666	$2M	trimmed−99%	−3.36 pp	9 q
UALUnited Airlines Holdings, Inc.	0.07%	28,306	$2M	new	+0.07 pp	new
unresolvedQiagen N.V	0.07%	78,400	$2M	new	+0.07 pp	new
ATROAstronics Corp	0.06%	37,281	$1M	new	+0.06 pp	new
DSPGDSP Group Inc	0.06%	166,666	$2M	new	+0.06 pp	new
MSIMotorola Solutions, Inc. New	0.06%	19,409	$1M	trimmed−96%	−0.69 pp	12 q
99998USDLiberty Global PLC Lilac - A	0.06%	47,000	$2M	trimmed−54%	−0.03 pp	3 q
CSODCornerstone OnDemand, Inc.	0.05%	36,666	$1M	new	+0.05 pp	new
unresolvedGigoptix Inc	0.05%	452,163	$1M	new	+0.05 pp	new
SYNASynaptics Inc	0.05%	16,666	$1M	new	+0.05 pp	new
CLColgate-Palmolive Company	0.04%	15,200	$1M	new	+0.04 pp	new
PGProcter & Gamble Company	0.04%	12,800	$1M	new	+0.04 pp	new
unresolvedQuantum Corp	0.04%	1,666,666	$1M	trimmed−81%	−0.14 pp	5 q
TFXTeleflex Incorporated	0.04%	5,800	$911,000	new	+0.04 pp	new
THCTenet Healthcare Corporation New	0.04%	31,700	$917,000	new	+0.04 pp	new
unresolvedEnvision Healthcare Hldgs In	0.03%	41,800	$853,000	new	+0.03 pp	new
EXTRExtreme Networks	0.03%	266,666	$829,000	new	+0.03 pp	new
GSATGlobalstar, Inc.	0.03%	500,000	$735,000	held	—	8 q
WYNTravel + Leisure Co.	0.03%	11,400	$871,000	added×2.8	+0.02 pp	2 q
MDTMedtronic plc	0.03%	11,100	$833,000	new	+0.03 pp	new
PRGOPerrigo Company PLC	0.03%	6,400	$819,000	new	+0.03 pp	new
ALLTAllot Ltd.	0.03%	146,500	$766,000	held	—	2 q
unresolvedAlliance One Intl Inc	0.02%	36,099	$634,000	held	—	4 q
unresolvedApplied Micro Circuits Corp	0.02%	66,666	$431,000	new	+0.02 pp	new
COTYCoty Inc	0.02%	18,900	$526,000	new	+0.02 pp	new
unresolvedDynegy Inc New DEL	0.02%	1,270,300	$523,000	held	—	8 q
FITFitbit, Inc. Class A	0.02%	40,000	$606,000	new	+0.02 pp	new
GAPThe Gap, Inc.	0.02%	17,600	$517,000	new	+0.02 pp	new
unresolvedKate Spade & Co	0.02%	22,400	$572,000	new	+0.02 pp	new
LVSLas Vegas Sands Corp.	0.02%	10,700	$553,000	new	+0.02 pp	new
LULUlululemon athletica inc.	0.02%	8,400	$569,000	new	+0.02 pp	new
MIKMichaels Stores, Inc	0.02%	21,700	$607,000	new	+0.02 pp	new
JWNNordstrom, Inc.	0.02%	9,500	$543,000	new	+0.02 pp	new
unresolvedPlains Gp Hldgs L P	0.02%	48,700	$423,000	new	+0.02 pp	new
unresolvedStaples Inc	0.02%	39,433	$435,000	added+20%	+0.01 pp	2 q
URBNUrban Outfitters Inc	0.02%	16,000	$529,000	new	+0.02 pp	new
VFCV.F. Corporation	0.02%	9,800	$635,000	new	+0.02 pp	new
BRSLBrightstar Lottery PLC	0.02%	32,800	$599,000	new	+0.02 pp	new
unresolvedMichael Kors Hldgs Ltd	0.02%	9,200	$524,000	added+24%	+0.01 pp	2 q
RCLRoyal Caribbean Group	0.02%	7,400	$608,000	new	+0.02 pp	new
unresolvedGenco Shipping & Trading Ltd	0.02%	747,838	$479,000	held	—	3 q
unresolvedAbeona Therapeutics Inc	0.01%	250,000	$213,000	held	—	4 q
AYIAcuity Inc.	0.01%	1,200	$262,000	new	+0.01 pp	new
UHALU-Haul Holding Company	0.01%	900	$322,000	new	+0.01 pp	new
unresolvedAmtrust Finl Svcs Inc	0.01%	8,600	$223,000	new	+0.01 pp	new
unresolvedAnacor Pharmaceuticals Inc	0.01%	4,200	$224,000	new	+0.01 pp	new
AAPLApple Inc.	0.01%	3,100	$338,000	new	+0.01 pp	new
unresolvedBank Of The Ozarks Inc	0.01%	7,900	$332,000	new	+0.01 pp	new
unresolvedBioamber Inc	0.01%	194,000	$351,000	held	—	12 q
CASYCasey's General Stores Inc	0.01%	2,200	$249,000	new	+0.01 pp	new
CSGPCoStar Group Inc	0.01%	1,200	$226,000	new	+0.01 pp	new
DNKNDunkin' Brands Group, Inc.	0.01%	6,500	$307,000	new	+0.01 pp	new
KODKEastman Kodak Company	0.01%	24,123	$262,000	held	—	10 q
unresolvedExpress Scripts Hldg Co	0.01%	3,000	$206,000	new	+0.01 pp	new
FTNTFortinet, Inc.	0.01%	6,666	$204,000	new	+0.01 pp	new
GILDGilead Sciences Inc	0.01%	3,600	$331,000	new	+0.01 pp	new
GPKGraphic Packaging Holding Company	0.01%	25,700	$330,000	new	+0.01 pp	new
IPGThe Interpublic Group of Companies, Inc.	0.01%	10,800	$248,000	new	+0.01 pp	new
unresolvedKey Energy Svcs Inc	0.01%	500,000	$185,000	held	—	6 q
MGNXMacroGenics, Inc.	0.01%	19,488	$365,000	held	—	8 q
MANHManhattan Associates Inc	0.01%	6,000	$341,000	new	+0.01 pp	new
MIDDMiddleby Corp	0.01%	3,100	$331,000	new	+0.01 pp	new
MHKMohawk Industries, Inc.	0.01%	1,300	$248,000	new	+0.01 pp	new
NBIXNeurocrine Biosciences Inc	0.01%	9,400	$372,000	new	+0.01 pp	new
NKENike, Inc.	0.01%	5,400	$332,000	new	+0.01 pp	new
unresolvedNovavax Inc	0.01%	30,300	$156,000	new	+0.01 pp	new
PANWPalo Alto Networks, Inc.	0.01%	1,400	$228,000	new	+0.01 pp	new
SLGSL Green Realty Corp.	0.01%	2,500	$242,000	new	+0.01 pp	new
unresolvedSciclone Pharmaceuticals Inc	0.01%	32,100	$353,000	new	+0.01 pp	new
XLEState Street Energy Select Sector SPDR ETF	0.01%	4,600	$285,000	new	+0.01 pp	new
SFBSServisFirst Bancshares Inc.	0.01%	7,900	$351,000	new	+0.01 pp	new
unresolvedSoufun Holdings Ltd ADR	0.01%	21,800	$131,000	new	+0.01 pp	new
SBUXStarbucks Corp	0.01%	5,700	$340,000	new	+0.01 pp	new
TYLTyler Technologies, Inc.	0.01%	2,000	$257,000	new	+0.01 pp	new
URIUnited Rentals, Inc.	0.01%	5,300	$330,000	new	+0.01 pp	new
unresolvedViolin Memory Inc	0.01%	416,666	$218,000	held	—	10 q
unresolvedWaste Connections Inc	0.01%	5,100	$329,000	new	+0.01 pp	new
WYNNWynn Resorts Ltd	0.01%	3,600	$336,000	trimmed−91%	−0.05 pp	3 q
LYBLyondellBasell Industries N.V. Class A	0.01%	2,900	$248,000	trimmed−100%	−1.61 pp	6 q
unresolvedEastman Kodak Co	0.00%	8,383	$22,000	held	—	10 q
unresolvedEastman Kodak Co	0.00%	8,383	$15,000	held	—	10 q
PTIProteostasis Therapeutics, Inc.	0.00%	10,549	$102,000	new	0.00 pp	new
unresolvedRex Energy Corporation	0.00%	165,000	$127,000	new	0.00 pp	new
SUNEQSunedison Inc	0.00%	181,678	$98,000	trimmed−80%	−0.10 pp	10 q
unresolvedTowerstream Corp	0.00%	431,800	$52,000	held	—	12 q
unresolvedLevel 3 Communications Inc	—	−3,189,433	—	exited	−3.70 pp	—
unresolvedDow Chemical Co	—	−3,131,610	—	exited	−3.44 pp	—
ENDPQEndo International PLC	—	−2,163,967	—	exited	−2.83 pp	—
DALDelta Air Lines, Inc.	—	−1,984,351	—	exited	−2.15 pp	—
unresolvedColumbia Pipeline Group Inc	—	−3,739,272	—	exited	−1.60 pp	—
HYGiShares iBoxx $ High Yield Corporate Bond ETF	—	−930,000	—	exited	−1.60 pp	—
MPCMarathon Petroleum Corporation	—	−1,195,157	—	exited	−1.32 pp	—
unresolvedQunar ADR	—	−1,137,290	—	exited	−1.28 pp	—
MCDMcDonald's Corporation	—	−494,217	—	exited	−1.25 pp	—
BUDAnheuser-Busch INBEV SA/NV	—	−433,156	—	exited	−1.16 pp	—
unresolvedBroadcom Corp	—	−895,077	—	exited	−1.10 pp	—
YUMYum! Brands, Inc.	—	−655,000	—	exited	−1.02 pp	—
unresolvedFerrari N V	—	−850,000	—	exited	−0.87 pp	—
unresolvedBaker Hughes Inc.	—	−685,157	—	exited	−0.67 pp	—
ARCPVereit Inc	—	−3,886,300	—	exited	−0.66 pp	—
ALLYAlly Financial Inc.	—	−1,515,657	—	exited	−0.60 pp	—
ZAYOZayo Group Holdings, Inc.	—	−1,057,713	—	exited	−0.60 pp	—
NXPINXP Semiconductors N.V.	—	−330,161	—	exited	−0.59 pp	—
AGOAssured Guaranty, LTD	—	−849,924	—	exited	−0.48 pp	—
SABRSabre Corporation	—	−792,504	—	exited	−0.47 pp	—
KREState Street SPDR S&P Regional Banking ETF	—	−475,850	—	exited	−0.43 pp	—
DHTDht Holdings, Inc.	—	−2,518,310	—	exited	−0.43 pp	—
XLFState Street Financial Select Sector SPDR ETF	—	−803,858	—	exited	−0.41 pp	—
YPFYPF Sociedad Anonima	—	−1,213,620	—	exited	−0.41 pp	—
unresolvedCalifornia Res Corp	—	−8,003,523	—	exited	−0.40 pp	—
WIXWIX.com Ltd.	—	−832,479	—	exited	−0.40 pp	—
VLOValero Energy Corporation	—	−245,118	—	exited	−0.37 pp	—
LITELumentum Holdings Inc.	—	−706,666	—	exited	−0.33 pp	—
HPEHewlett Packard Enterprise Company	—	−947,532	—	exited	−0.31 pp	—
PEverpure, Inc.	—	−802,000	—	exited	−0.27 pp	—
STWDStarwood Property Trust, Inc.	—	−525,000	—	exited	−0.23 pp	—
unresolvedAmerican Capital Agency Corp	—	−601,362	—	exited	−0.22 pp	—
MBIMBIA Inc.	—	−1,337,713	—	exited	−0.19 pp	—
VSTOVista Outdoor Inc.	—	−188,052	—	exited	−0.18 pp	—
SYTSyngenta Ag-adr	—	−102,700	—	exited	−0.17 pp	—
VRSKVerisk Analytics, Inc.	—	−88,626	—	exited	−0.15 pp	—
unresolvedEnergen Corp	—	−148,913	—	exited	−0.13 pp	—
unresolvedRepublic Awys Hldgs Inc	—	−1,561,899	—	exited	−0.13 pp	—
SMTCSemtech Corp	—	−326,666	—	exited	−0.13 pp	—
CMBTCmb.tech NV	—	−400,900	—	exited	−0.12 pp	—
unresolvedArris Group Inc New	—	−167,000	—	exited	−0.11 pp	—
HCAHCA Healthcare, Inc.	—	−79,247	—	exited	−0.11 pp	—
unresolvedPandora Media Inc	—	−372,023	—	exited	−0.11 pp	—
unresolvedWillis Group Holdings Public	—	−106,300	—	exited	−0.11 pp	—
unresolvedKrispy Kreme Doughnuts Inc	—	−322,512	—	exited	−0.10 pp	—
WFCWells Fargo & Co.	—	−84,861	—	exited	−0.10 pp	—
VIABViacom Inc. Class B	—	−100,000	—	exited	−0.09 pp	—
EXPEExpedia Group, Inc.	—	−31,886	—	exited	−0.08 pp	—
VYXNCR Voyix Corporation	—	−149,400	—	exited	−0.08 pp	—
CVCCablevision Sys Cp NY Grp Cl-a	—	−102,571	—	exited	−0.07 pp	—
SAVEQSpirit Airlines, Inc.	—	−76,500	—	exited	−0.07 pp	—
CHRSCoherus Oncology, Inc.	—	−127,600	—	exited	−0.06 pp	—
unresolvedPennymac Finl Svcs Inc	—	−187,382	—	exited	−0.06 pp	—
unresolvedNovatel Wireless Inc	—	−1,424,138	—	exited	−0.05 pp	—
DISCADiscovery, Inc. Series A	—	−74,550	—	exited	−0.04 pp	—
unresolvedPenn Va Corp	—	−6,003,509	—	exited	−0.04 pp	—
CVLTCommvault Systems, Inc.	—	−29,922	—	exited	−0.03 pp	—
CPRTCopart Inc	—	−32,400	—	exited	−0.03 pp	—
TSUTIM Participacoes S.A.	—	−154,884	—	exited	−0.03 pp	—
AKRXAkorn, Inc.	—	−20,100	—	exited	−0.02 pp	—
AMGNAmgen Inc	—	−4,400	—	exited	−0.02 pp	—
BRKRBruker Corporation	—	−29,900	—	exited	−0.02 pp	—
unresolvedCooper Cos Inc/The	—	−6,500	—	exited	−0.02 pp	—
IONSIonis Pharmaceuticals, Inc.	—	−12,000	—	exited	−0.02 pp	—
unresolvedKeurig Green Mtn Inc	—	−9,100	—	exited	−0.02 pp	—
KMIKinder Morgan, Inc.	—	−50,700	—	exited	−0.02 pp	—
NDSNNordson Corp	—	−12,800	—	exited	−0.02 pp	—
PMPhilip Morris International Inc.	—	−9,000	—	exited	−0.02 pp	—
ROVIRovi Corporation Com Stk (De)	—	−56,666	—	exited	−0.02 pp	—
SFMSprouts Farmers Market, Inc.	—	−31,800	—	exited	−0.02 pp	—
VEEVVeeva Systems Inc.	—	−25,000	—	exited	−0.02 pp	—
AAPAdvance Auto Parts Inc	—	−2,300	—	exited	−0.01 pp	—
AGYSAgilysys, Inc. (DE)	—	−46,255	—	exited	−0.01 pp	—
ALNYAlnylam Pharmaceuticals, Inc.	—	−6,000	—	exited	−0.01 pp	—
CORCencora, Inc.	—	−3,900	—	exited	−0.01 pp	—
unresolvedAshland Inc New	—	−4,400	—	exited	−0.01 pp	—
BMABanco Macro S.A.	—	−8,036	—	exited	−0.01 pp	—
unresolvedCBS Corp	—	−6,300	—	exited	−0.01 pp	—
CRICarter's Inc.	—	−4,300	—	exited	−0.01 pp	—
CNKCinemark Holdings, Inc.	—	−11,700	—	exited	−0.01 pp	—
CBRLCracker Barrel Old Country Store, Inc,.	—	−3,000	—	exited	−0.01 pp	—
DXCMDexCom, Inc.	—	−5,700	—	exited	−0.01 pp	—
unresolvedFirst Niagara Finl Gp Inc	—	−23,500	—	exited	−0.01 pp	—
WOOFoot Locker Inc	—	−6,500	—	exited	−0.01 pp	—
GBTGlobal Blood Therapeutics, Inc.	—	−21,000	—	exited	−0.01 pp	—
unresolvedHsn Inc	—	−4,800	—	exited	−0.01 pp	—
HAINHain Celestial Group Inc	—	−7,000	—	exited	−0.01 pp	—
HN9Hanesbrands Inc	—	−15,900	—	exited	−0.01 pp	—
unresolvedHarman Intl Inds Inc	—	−3,900	—	exited	−0.01 pp	—
ILMNIllumina Inc	—	−2,100	—	exited	−0.01 pp	—
INCYIncyte Genomics Inc	—	−4,200	—	exited	−0.01 pp	—
ICPTIntercept Pharmaceuticals, Inc.	—	−2,800	—	exited	−0.01 pp	—
JAHJarden Corporation	—	−8,100	—	exited	−0.01 pp	—
JBLUJetBlue Airways Corp	—	−15,500	—	exited	−0.01 pp	—
LAMRLamar Advertising Co	—	−7,000	—	exited	−0.01 pp	—
MGMMgm Resorts International	—	−19,500	—	exited	−0.01 pp	—
MMSMAXIMUS, Inc.	—	−8,100	—	exited	−0.01 pp	—
MCKMcKesson Corporation	—	−2,100	—	exited	−0.01 pp	—
NEUNewMarket Corporation	—	−700	—	exited	−0.01 pp	—
ODFLOld Dominion Freight Line	—	−6,900	—	exited	−0.01 pp	—
OPKOpko Health Inc.	—	−55,500	—	exited	−0.01 pp	—
unresolvedParexel Intl Corp	—	−5,800	—	exited	−0.01 pp	—
PAGPenske Automotive Group, Inc.	—	−7,500	—	exited	−0.01 pp	—
PIIPolaris Inc.	—	−3,800	—	exited	−0.01 pp	—
RGCRegencell Bioscience Holdings Limited	—	−17,400	—	exited	−0.01 pp	—
RMDResMed Inc.	—	−12,800	—	exited	−0.01 pp	—
XOPState Street SPDR S&P Oil & Gas Exploration & Production ETF	—	−16,790	—	exited	−0.01 pp	—
SBHSally Beauty Holdings, Inc.	—	−15,000	—	exited	−0.01 pp	—
SNIScripps Networks Inter-cl A	—	−5,600	—	exited	−0.01 pp	—
SRESempra	—	−4,300	—	exited	−0.01 pp	—
AMTTd Ameritrade Holding Corp	—	−6,900	—	exited	−0.01 pp	—
unresolvedTasman Metals Ord (Cve)	—	−1,666,666	—	exited	−0.01 pp	—
TDYTeledyne Technologies Incorporated	—	−3,900	—	exited	−0.01 pp	—
TRIPTripAdvisor, Inc.	—	−4,800	—	exited	−0.01 pp	—
UAAUnder Armour, Inc.	—	−5,700	—	exited	−0.01 pp	—
UTHRUnited Therapeutics Corp	—	−4,400	—	exited	−0.01 pp	—
VARVarian Medical Systems, Inc.	—	−6,000	—	exited	−0.01 pp	—
WBCWabco Holdings Inc.	—	−3,800	—	exited	−0.01 pp	—
ZBHZimmer Biomet Holdings, Inc.	—	−4,700	—	exited	−0.01 pp	—
ALKSAlkermes Inc. plc	—	−3,400	—	exited	−0.01 pp	—
EXXIEnergy Xxi Ltd	—	−500,000	—	exited	−0.01 pp	—
GSMFerroglobe PLC	—	−57,900	—	exited	−0.01 pp	—
JAZZJazz Pharmaceuticals, Inc.	—	−3,200	—	exited	−0.01 pp	—
MNKMallinckrodt PLC	—	−6,500	—	exited	−0.01 pp	—
SIGSignet Jewelers Limited	—	−3,800	—	exited	−0.01 pp	—
GRMNGarmin Ltd	—	−11,800	—	exited	−0.01 pp	—
WTMWhite Mountains Insurance Group Ltd.	—	−300	—	exited	0.00 pp	—

Other 13(f) securities

Options 14

Contract	% of notional	Shares	Notional
SPY PUT	42.55%	2,098,300	$431M
IWM PUT	17.99%	1,648,300	$182M
XLI CALL	16.42%	3,000,000	$166M
GLD CALL	12.18%	1,050,000	$123M
TWX PUT	3.87%	540,500	$39M
AMZN CALL	1.76%	30,000	$18M
MXIM CALL	1.63%	450,000	$17M
EWZ PUT	0.83%	320,000	$8M
AAL CALL	0.67%	166,700	$7M
Consol Energy Inc PUT	0.56%	500,000	$6M
CNC CALL	0.48%	79,500	$5M
CNC PUT	0.43%	70,000	$4M
SEM PUT	0.36%	307,500	$4M
ENDPQ CALL	0.29%	103,200	$3M

Notes 13

Issue	% of notes	Principal	Value
Viavi Solutions Inc	21.72%	210,175,000	$206M
Nuance Communications	19.02%	179,276,000	$180M
Ciena Corp	15.22%	146,092,000	$144M
Nortel Networks Corp	10.87%	120,123,000	$103M
Invensense Inc	10.83%	111,290,000	$103M
Oclaro Inc	7.20%	23,500,000	$68M
Rovi Corp	6.46%	63,700,000	$61M
Cornerstone Ondemand Inc	5.35%	50,950,000	$51M
Brocade Communications	0.95%	9,000,000	$9M
Violin Memory Inc	0.93%	25,650,000	$9M
Liberty Media Corp	0.70%	6,700,000	$7M
Netsuite Inc	0.51%	5,000,000	$5M
Tesla Inc	0.23%	2,500,000	$2M

Source

Form: 13F-HR
Reading: 0 defects · 64 unresolved
Accession: 0001140361-16-065687
SEC cross-check: SEC data set not published yet

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