Soros Fund Management

Q4 2016 13F · by George Soros, founder

As of: Dec 31, 2016
Filed: Feb 14, 2017
US stock: $2.2B · prev $2.3B
Positions: 175 · prev 194
Options notional: $861M
Documents: 1· no amendments

Picture50.7% US stock

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

US stock listed on a US exchange 50.7%
Foreign stock not listed in the US 0.0%
Notes debt, at principal 29.4%
Puts at notional value 15.3%
Calls at notional value 4.6%

Moves299 since the prior filing

+24.8 pp in · −24.9 pp out

New 95 +19.09 pp
Added 25 +5.75 pp
Trimmed 41 −3.90 pp
Exited 114 −20.97 pp

Options: 24 moves on a notional base, in the table below.

The book

Concentrated · behaves like 11 equal-sized positions

Very concentrated
Concentrated
Focused
Diversified

High turnover · 183% a year, about 0.6 years per position

Low
Moderate
High

Top 5 positions44% of US stock

LBRDK Liberty Broadband Corporation Class C trimmed+0.81 pp trimmed+0.8128.1%
AGRO Adecoagro S.a. held held5.7%
TIVO Tivo Inc trimmed+0.26 pp trimmed+0.263.7%
unresolved Caesars Acquisition Co trimmed+0.05 pp trimmed+0.053.5%
WMB Williams Companies Inc. trimmed−0.85 pp trimmed−0.853.3%

Positions175 in this filing · 114 exited


LBRDKLiberty Broadband Corporation Class C	28.14%	8,322,777	$616M	trimmed−6%	+0.81 pp	3 q
AGROAdecoagro S.a.	5.65%	11,917,157	$124M	held	—	15 q
TIVOTivo Inc	3.71%	3,891,279	$81M	trimmed−6%	+0.26 pp	2 q
unresolvedCaesars Acquisition Co	3.52%	5,705,079	$77M	trimmed−12%	+0.05 pp	13 q
WMBWilliams Companies Inc.	3.34%	2,351,221	$73M	trimmed−26%	−0.85 pp	2 q
KEGKey Energy Services, Inc.	2.70%	1,850,790	$59M	new	+2.70 pp	new
CHDNChurchill Downs Inc	2.66%	387,381	$58M	held	—	15 q
ZTSZoetis Inc.	1.98%	808,419	$43M	trimmed−3%	+0.12 pp	15 q
CRCCalifornia Resources Corporation	1.94%	2,000,000	$43M	added+61%	+1.27 pp	2 q
TWXTime Warner Inc	1.91%	434,000	$42M	new	+1.91 pp	new
METAMeta Platforms, Inc. Class A	1.86%	353,686	$41M	new	+1.86 pp	new
TMUST-Mobile US, Inc.	1.80%	685,700	$39M	added×3.2	+1.37 pp	2 q
unresolvedTravelport Worldwide Ltd	1.54%	2,400,000	$34M	held	—	10 q
PYPLPayPal Holdings, Inc.	1.45%	807,413	$32M	trimmed−0%	+0.02 pp	6 q
KSSKohls Corporation	1.35%	600,819	$30M	new	+1.35 pp	new
SUPVGrupo Supervielle S.A.	1.20%	2,002,295	$26M	added+4%	−0.02 pp	3 q
CZRCaesars Entertainment, Inc.	1.15%	2,956,417	$25M	trimmed−10%	+0.09 pp	15 q
HPEHewlett Packard Enterprise Company	1.13%	1,068,241	$25M	trimmed−18%	−0.14 pp	2 q
MODNModel N, Inc.	1.12%	2,765,000	$24M	added+2%	−0.17 pp	6 q
unresolvedExa Corp	0.97%	1,376,666	$21M	added+32%	+0.25 pp	8 q
AMZNAmazon.Com Inc	0.96%	28,100	$21M	trimmed−29%	−0.46 pp	6 q
MDLZMondelez International, Inc. Class A	0.93%	460,031	$20M	added+48%	+0.35 pp	15 q
KHCThe Kraft Heinz Company	0.92%	230,733	$20M	trimmed−2%	+0.01 pp	6 q
EBAYeBay Inc	0.90%	666,130	$20M	trimmed−19%	−0.26 pp	13 q
NFLXNetFlix Inc	0.86%	151,466	$19M	added+10%	+0.28 pp	2 q
FHBFirst Hawaiian, Inc.	0.84%	529,671	$18M	trimmed−18%	+0.09 pp	2 q
unresolvedChipmos Technologies Inc	0.83%	1,284,367	$18M	new	+0.83 pp	new
NXPINXP Semiconductors N.V.	0.81%	180,400	$18M	new	+0.81 pp	new
unresolvedInvensense Inc	0.76%	1,306,666	$17M	new	+0.76 pp	new
PNCPNC Financial Services Group	0.76%	141,871	$17M	new	+0.76 pp	new
ACTAllergan PLC	0.74%	77,135	$16M	trimmed−4%	−0.06 pp	7 q
ALLTAllot Ltd.	0.73%	3,326,166	$16M	added+39%	+0.19 pp	5 q
GOOGAlphabet Inc. Class C	0.71%	20,200	$16M	added+59%	+0.29 pp	2 q
unresolvedDevry Ed Group Inc	0.71%	500,200	$16M	new	+0.71 pp	new
MMYTMakeMyTrip Limited	0.69%	683,458	$15M	added+28%	+0.15 pp	5 q
GSGoldman Sachs Group Inc.	0.68%	62,100	$15M	new	+0.68 pp	new
FITBFifth Third Bancorp	0.64%	519,027	$14M	new	+0.64 pp	new
CYBRCyberark Software LTD/ISRAEL	0.57%	275,300	$13M	trimmed−1%	−0.02 pp	3 q
EPCEdgewell Personal Care Company	0.54%	162,228	$12M	held	—	7 q
SPYState Street SPDR S&P 500 ETF Trust	0.53%	51,800	$12M	added+62%	+0.23 pp	12 q
unresolvedDell Technologies Inc	0.51%	203,100	$11M	added×3.1	+0.38 pp	2 q
LWLamb Weston Holdings, Inc.	0.51%	292,799	$11M	new	+0.51 pp	new
unresolvedMead Johnson Nut'n Co	0.50%	155,500	$11M	trimmed−6%	−0.06 pp	9 q
WHRWhirlpool Corp.	0.49%	58,700	$11M	added+26%	+0.16 pp	4 q
MXLMaxLinear, Inc.	0.48%	478,972	$10M	new	+0.48 pp	new
unresolvedNewstar Financial Inc	0.47%	1,107,683	$10M	new	+0.47 pp	new
SYMCGen Digital Inc.	0.47%	430,472	$10M	trimmed−32%	−0.21 pp	2 q
VIAVViavi Solutions Inc.	0.47%	1,266,666	$10M	trimmed−16%	−0.01 pp	6 q
CACCCredit Acceptance Corp	0.46%	46,500	$10M	added+33%	+0.16 pp	2 q
unresolvedWhole Foods Market	0.46%	327,800	$10M	new	+0.46 pp	new
UBNTUbiquiti Inc.	0.44%	167,926	$10M	trimmed−53%	−0.39 pp	2 q
unresolvedSigma Designs Inc	0.43%	1,566,666	$9M	added+33%	+0.04 pp	3 q
ABTAbbott Laboratories	0.40%	229,181	$9M	trimmed−12%	−0.07 pp	15 q
NUENucor Corporation	0.40%	145,662	$9M	trimmed−22%	+0.01 pp	3 q
unresolvedQuantum Corp	0.38%	10,072,566	$8M	trimmed−16%	0.00 pp	8 q
BAXBaxter International Inc.	0.37%	184,327	$8M	trimmed−28%	−0.15 pp	6 q
unresolvedPandora Media Inc	0.36%	601,400	$8M	new	+0.36 pp	new
unresolvedIxia	0.33%	446,666	$7M	trimmed−35%	−0.04 pp	3 q
GDSGDS Holdings Limited	0.30%	761,201	$7M	new	+0.30 pp	new
ZAYOZayo Group Holdings, Inc.	0.30%	199,500	$7M	trimmed−36%	−0.10 pp	2 q
MLNXMellanox Technologies Ltd	0.27%	146,666	$6M	added×2.2	+0.15 pp	2 q
EXFExfo Inc	0.26%	1,313,666	$6M	added+52%	+0.12 pp	2 q
XLEState Street Energy Select Sector SPDR ETF	0.25%	74,000	$6M	added×18.0	+0.24 pp	2 q
unresolvedLevel 3 Communications Inc	0.24%	93,950	$5M	added+20%	+0.08 pp	2 q
unresolvedCigna Corporation	0.22%	36,902	$5M	added×2.8	+0.15 pp	2 q
EXTRExtreme Networks	0.22%	966,666	$5M	trimmed−9%	+0.01 pp	2 q
GIGGigpeak Inc	0.22%	1,944,647	$5M	trimmed−1%	+0.02 pp	3 q
WWayfair Inc.	0.22%	135,500	$5M	new	+0.22 pp	new
ABEOAbeona Therapeutics Inc.	0.20%	896,642	$4M	trimmed−39%	−0.18 pp	7 q
SERVTerminix Global Holdings Inc	0.20%	118,100	$4M	new	+0.20 pp	new
DISHDISH Network Corp.	0.19%	71,602	$4M	trimmed−30%	−0.05 pp	15 q
unresolvedSt Jude Med Inc	0.19%	52,386	$4M	new	+0.19 pp	new
unresolvedAetna Inc New	0.18%	31,000	$4M	new	+0.18 pp	new
BACBank of America Corporation	0.18%	179,000	$4M	new	+0.18 pp	new
FTNTFortinet, Inc.	0.17%	126,666	$4M	trimmed−13%	−0.06 pp	2 q
VMWVMware, Inc	0.17%	47,000	$4M	trimmed−90%	−1.35 pp	3 q
unresolvedBazaarvoice Inc	0.16%	706,666	$3M	added+6%	−0.01 pp	3 q
CMECME Group Inc.	0.16%	30,000	$3M	new	+0.16 pp	new
MSCCMicrosemi Corp	0.16%	66,666	$4M	new	+0.16 pp	new
SYFSynchrony Financial	0.16%	97,000	$4M	new	+0.16 pp	new
unresolvedExar Corp	0.15%	306,666	$3M	trimmed−78%	−0.40 pp	15 q
unresolvedReynolds American	0.14%	54,500	$3M	new	+0.14 pp	new
LUVSouthwest Airlines Co.	0.14%	63,200	$3M	new	+0.14 pp	new
ADNTAdient plc	0.13%	49,000	$3M	new	+0.13 pp	new
TTMTata Motors Limited	0.12%	75,000	$3M	new	+0.12 pp	new
AIRGAirgain, Inc.	0.11%	166,666	$2M	new	+0.11 pp	new
CHTRCharter Comm Inc Del CL A New	0.11%	8,135	$2M	trimmed−33%	−0.03 pp	3 q
6SSServicesource International	0.11%	436,666	$2M	trimmed−30%	−0.02 pp	3 q
DALDelta Air Lines, Inc.	0.09%	40,000	$2M	new	+0.09 pp	new
96669EURDmrc LLC	0.09%	66,666	$2M	held	—	2 q
TAPMolson Coors Beverage Company Class B	0.09%	21,300	$2M	new	+0.09 pp	new
NOMDNomad Foods Limited	0.09%	206,356	$2M	new	+0.09 pp	new
HRBH&R Block, Inc.	0.08%	76,600	$2M	new	+0.08 pp	new
CFGCitizens Financial Group, Inc.	0.08%	48,800	$2M	trimmed−3%	+0.03 pp	2 q
STLDSteel Dynamics Inc	0.08%	47,369	$2M	added×2.8	+0.06 pp	2 q
BXKBancolombia S.a.-spons ADR	0.07%	40,500	$1M	new	+0.07 pp	new
unresolvedLeucadia National	0.07%	63,700	$1M	trimmed−65%	−0.08 pp	2 q
HOUSAnywhere Real Estate Inc.	0.07%	63,300	$2M	trimmed−81%	−0.29 pp	9 q
NOCNorthrop Grumman Corp.	0.06%	6,000	$1M	new	+0.06 pp	new
DSPGDSP Group Inc	0.05%	86,666	$1M	trimmed−17%	0.00 pp	4 q
LGFLions Gate Entertainment-a	0.05%	40,790	$1M	new	+0.05 pp	new
unresolvedAbeona Therapeutics Inc	0.04%	250,000	$830,000	held	—	7 q
AALAmerican Airlines Group Inc.	0.04%	20,800	$971,000	trimmed−24%	0.00 pp	13 q
GSATGlobalstar, Inc.	0.04%	500,000	$790,000	held	—	11 q
TRIPTripAdvisor, Inc.	0.04%	18,206	$844,000	new	+0.04 pp	new
unresolvedAlliance One Intl Inc	0.03%	36,099	$693,000	held	—	7 q
ITGartner, Inc.	0.03%	5,700	$576,000	new	+0.03 pp	new
HDSHD Supply Holdings, Inc.	0.03%	16,500	$701,000	new	+0.03 pp	new
IBBiShares Biotechnology ETF	0.03%	2,800	$743,000	added×3.6	+0.02 pp	2 q
LSTRLandstar System Inc	0.03%	7,900	$674,000	new	+0.03 pp	new
RHIRobert Half Inc.	0.03%	14,200	$693,000	new	+0.03 pp	new
GNKGenco Shipping & Trading Ltd	0.03%	74,783	$552,000	held	—	2 q
MDRXVeradigm Inc	0.02%	38,900	$397,000	new	+0.02 pp	new
MOAltria Group, Inc.	0.02%	5,200	$352,000	new	+0.02 pp	new
ADPAutomatic Data Processing	0.02%	4,900	$504,000	new	+0.02 pp	new
BIOBio-Rad Laboratories, Inc.Class A	0.02%	2,200	$401,000	new	+0.02 pp	new
CHRWC.H. Robinson Worldwide, Inc.	0.02%	6,000	$440,000	new	+0.02 pp	new
CPBThe Campbell's Company	0.02%	5,800	$351,000	new	+0.02 pp	new
CELGCelgene Corp	0.02%	3,500	$405,000	new	+0.02 pp	new
CLColgate-Palmolive Company	0.02%	7,400	$484,000	trimmed−52%	−0.03 pp	2 q
KODKEastman Kodak Company	0.02%	24,123	$374,000	held	—	13 q
EVBGEverbridge, Inc.	0.02%	26,666	$492,000	trimmed−84%	−0.10 pp	2 q
unresolvedGeneral Growth Pptys Inc New	0.02%	13,500	$337,000	new	+0.02 pp	new
HSYThe Hershey Company	0.02%	3,400	$352,000	new	+0.02 pp	new
JBHTJB Hunt Transport Services Inc	0.02%	3,700	$359,000	new	+0.02 pp	new
KRThe Kroger Co.	0.02%	14,100	$487,000	new	+0.02 pp	new
LGF.BLions Gate Entertainment Corp. Class B Non-Voting Shares	0.02%	20,125	$494,000	new	+0.02 pp	new
MANHManhattan Associates Inc	0.02%	6,200	$329,000	new	+0.02 pp	new
PINCNPremier Inc-class A	0.02%	13,000	$395,000	new	+0.02 pp	new
ROLRollins, Inc.	0.02%	13,900	$470,000	new	+0.02 pp	new
HSICHenry Schein Inc	0.02%	2,200	$334,000	new	+0.02 pp	new
SJMThe J.M. Smucker Company	0.02%	2,600	$333,000	new	+0.02 pp	new
unresolvedWebmd Health Corp	0.02%	8,700	$431,000	new	+0.02 pp	new
ALKSAlkermes Inc. plc	0.02%	7,200	$400,000	added+57%	+0.01 pp	2 q
PRGOPerrigo Company PLC	0.02%	5,400	$449,000	new	+0.02 pp	new
AYIAcuity Inc.	0.01%	900	$208,000	new	+0.01 pp	new
APDAir Products & Chemicals, Inc.	0.01%	1,400	$201,000	new	+0.01 pp	new
unresolvedAlere Inc	0.01%	5,300	$207,000	new	+0.01 pp	new
unresolvedApartment Invt & Mgmt Co	0.01%	6,400	$291,000	new	+0.01 pp	new
unresolvedAqua America	0.01%	7,200	$216,000	new	+0.01 pp	new
BCRCR Bard Inc.	0.01%	900	$202,000	new	+0.01 pp	new
unresolvedBioamber Inc	0.01%	194,000	$136,000	held	—	15 q
unresolvedCsra Inc	0.01%	8,200	$261,000	new	+0.01 pp	new
CRICarter's Inc.	0.01%	2,500	$216,000	new	+0.01 pp	new
LNGCheniere Energy Inc	0.01%	7,100	$294,000	new	+0.01 pp	new
CHDChurch & Dwight Co., Inc.	0.01%	7,400	$327,000	new	+0.01 pp	new
CTSHCognizant Technology Solutions	0.01%	4,500	$252,000	new	+0.01 pp	new
unresolvedCree Inc	0.01%	9,200	$243,000	new	+0.01 pp	new
DXCMDexCom, Inc.	0.01%	5,300	$316,000	added×2.1	0.00 pp	2 q
EQIXEquinix, Inc.	0.01%	600	$214,000	new	+0.01 pp	new
FDCFirst Data Corporation	0.01%	17,400	$247,000	trimmed−42%	−0.01 pp	2 q
GGGGraco Inc	0.01%	2,700	$224,000	new	+0.01 pp	new
GWWW.W. Grainger, Inc.	0.01%	1,000	$232,000	new	+0.01 pp	new
IONSIonis Pharmaceuticals, Inc.	0.01%	4,300	$206,000	new	+0.01 pp	new
KLACKLA Corporation	0.01%	3,300	$260,000	new	+0.01 pp	new
LLoews Corporation	0.01%	5,500	$258,000	new	+0.01 pp	new
MTCHMatch Group, Inc	0.01%	15,000	$257,000	new	+0.01 pp	new
MSFTMicrosoft Corp	0.01%	4,000	$249,000	new	+0.01 pp	new
MNSTMonster Beverage Corporation	0.01%	7,300	$324,000	new	+0.01 pp	new
NUANNuance Communications, Inc.	0.01%	7,600	$113,000	new	+0.01 pp	new
unresolvedOrbital Atk Inc	0.01%	2,600	$228,000	new	+0.01 pp	new
POLAvient Corporation	0.01%	9,900	$317,000	new	+0.01 pp	new
RLIRLI Corp.	0.01%	5,200	$328,000	new	+0.01 pp	new
RYNRayonier Inc.	0.01%	9,500	$253,000	new	+0.01 pp	new
ORealty Income Corporation	0.01%	4,000	$230,000	new	+0.01 pp	new
SRESempra	0.01%	2,300	$231,000	new	+0.01 pp	new
SHWThe Sherwin-Williams Company	0.01%	1,200	$322,000	new	+0.01 pp	new
unresolvedSpectrum Brands Hldgs Inc	0.01%	1,834	$224,000	new	+0.01 pp	new
XYZBlock, Inc.	0.01%	19,600	$267,000	new	+0.01 pp	new
THCTenet Healthcare Corporation New	0.01%	13,500	$200,000	new	+0.01 pp	new
unresolvedVerifone Sys Inc	0.01%	13,800	$245,000	new	+0.01 pp	new
WTMWhite Mountains Insurance Group Ltd.	0.01%	300	$251,000	new	+0.01 pp	new
unresolvedEastman Kodak Co	0.00%	8,383	$33,000	held	—	13 q
unresolvedEastman Kodak Co	0.00%	8,383	$24,000	held	—	13 q
unresolvedRex Energy Corporation	0.00%	165,000	$78,000	held	—	4 q
EEMiShares MSCI Emerging Markets ETF	—	−2,453,990	—	exited	−3.95 pp	—
ABXBarrick Mining Corporation	—	−2,852,300	—	exited	−2.17 pp	—
DXJWisdomTree Japan Hedged Equity Fund	—	−795,000	—	exited	−1.47 pp	—
unresolvedChipmos Tech Bermuda Ltd	—	−1,372,921	—	exited	−1.17 pp	—
INTCIntel Corp	—	−685,500	—	exited	−1.11 pp	—
FXIiShares China Large-Cap ETF	—	−633,059	—	exited	−1.03 pp	—
WUBA58.COM Inc	—	−468,698	—	exited	−0.96 pp	—
AMATApplied Materials Inc	—	−706,882	—	exited	−0.92 pp	—
unresolvedCommunications SALES&LEAS In	—	−667,334	—	exited	−0.90 pp	—
1LGEUSDLiberty Global PLC Lilac - C	—	−656,534	—	exited	−0.79 pp	—
PANWPalo Alto Networks, Inc.	—	−70,500	—	exited	−0.48 pp	—
PBR.APetroleo Brasileiro S.A.-Petrobras	—	−987,439	—	exited	−0.35 pp	—
unresolvedLions Gate Entmnt Corp	—	−382,004	—	exited	−0.33 pp	—
AIYActivision Blizzard Inc	—	−168,385	—	exited	−0.32 pp	—
unresolvedLinkedin Corp Cl A	—	−36,426	—	exited	−0.30 pp	—
NVDANvidia Corp	—	−80,819	—	exited	−0.24 pp	—
PBRPetroleo Brasileiro S.a.-petrobras	—	−576,701	—	exited	−0.23 pp	—
SPLKSplunk Inc	—	−85,900	—	exited	−0.22 pp	—
VIPSVipshop Holdings Limited	—	−315,837	—	exited	−0.20 pp	—
CXCemex S.A.B. de C.V.	—	−514,216	—	exited	−0.18 pp	—
RICEEqt Re Merger Sub Inc	—	−157,000	—	exited	−0.18 pp	—
VVVValvoline Inc.	—	−182,000	—	exited	−0.18 pp	—
SYTSyngenta Ag-adr	—	−45,420	—	exited	−0.17 pp	—
99998USDLiberty Global PLC Lilac - A	—	−133,200	—	exited	−0.16 pp	—
PAMPampa Energia S.a.	—	−108,440	—	exited	−0.15 pp	—
IRTIndependence Realty Trust Inc.	—	−300,000	—	exited	−0.12 pp	—
unresolvedAdvancepierre Foods Holdings Inc	—	−95,000	—	exited	−0.11 pp	—
LSCCLattice Semiconductor Corp	—	−406,666	—	exited	−0.11 pp	—
2663134DBitauto Holdings Ltd-adr	—	−80,995	—	exited	−0.10 pp	—
unresolvedBlue Buffalo Pet Prods Inc	—	−89,865	—	exited	−0.09 pp	—
GGALGrupo Financiero Galicia SA	—	−70,000	—	exited	−0.09 pp	—
WBAWalgreens Boots Alliance, Inc	—	−25,558	—	exited	−0.09 pp	—
BF.BBrown-Forman Corporation Class B	—	−37,470	—	exited	−0.08 pp	—
SAVEQSpirit Airlines, Inc.	—	−44,900	—	exited	−0.08 pp	—
unresolvedVimpelcom Ltd-spon ADR	—	−521,334	—	exited	−0.08 pp	—
CALXCalix, Inc.	—	−235,936	—	exited	−0.07 pp	—
RMBSRambus Inc	—	−125,000	—	exited	−0.07 pp	—
USCRU S Concrete, Inc.	—	−36,300	—	exited	−0.07 pp	—
NTNXNutanix, Inc. Class A	—	−36,250	—	exited	−0.06 pp	—
UALUnited Airlines Holdings, Inc.	—	−28,500	—	exited	−0.06 pp	—
KOCoca-Cola Company	—	−26,383	—	exited	−0.05 pp	—
PEPPepsiCo, Inc.	—	−10,859	—	exited	−0.05 pp	—
PMPhilip Morris International Inc.	—	−11,305	—	exited	−0.05 pp	—
unresolvedPinnacle Foods Inc DEL	—	−22,241	—	exited	−0.05 pp	—
PGProcter & Gamble Company	—	−12,985	—	exited	−0.05 pp	—
SFMSprouts Farmers Market, Inc.	—	−53,100	—	exited	−0.05 pp	—
HLFHerbalife Ltd.	—	−18,466	—	exited	−0.05 pp	—
2051428DOmr Art Smgarp Eu Eq PEN-2	—	−20,000	—	exited	−0.04 pp	—
unresolvedWhiteWave Foods Co	—	−17,100	—	exited	−0.04 pp	—
AMGNAmgen Inc	—	−3,506	—	exited	−0.03 pp	—
unresolvedApptio Inc	—	−30,000	—	exited	−0.03 pp	—
BIIBBiogen Inc.	—	−1,994	—	exited	−0.03 pp	—
DHRDanaher Corporation	—	−7,970	—	exited	−0.03 pp	—
STAYExtended Stay America, Inc. Paired Share	—	−50,000	—	exited	−0.03 pp	—
GSITGSI Technology	—	−166,666	—	exited	−0.03 pp	—
HTZGQHertz Global Holdings Inc	—	−15,200	—	exited	−0.03 pp	—
ILMNIllumina Inc	—	−3,208	—	exited	−0.03 pp	—
ICPTIntercept Pharmaceuticals, Inc.	—	−3,623	—	exited	−0.03 pp	—
OPKOpko Health Inc.	—	−59,837	—	exited	−0.03 pp	—
TRGPTarga Resources Corp.	—	−15,433	—	exited	−0.03 pp	—
ACADAcadia Pharmaceuticals Inc.	—	−17,645	—	exited	−0.02 pp	—
ATRAptarGroup, Inc.	—	−5,900	—	exited	−0.02 pp	—
BMRNBioMarin Pharmaceuticals Inc	—	−5,734	—	exited	−0.02 pp	—
KMXCarMax Inc.	—	−7,945	—	exited	−0.02 pp	—
unresolvedComputer Sciences Corp	—	−7,100	—	exited	−0.02 pp	—
CBRLCracker Barrel Old Country Store, Inc,.	—	−3,200	—	exited	−0.02 pp	—
CUBECubeSmart	—	−16,312	—	exited	−0.02 pp	—
DLTRDollar Tree Inc.	—	−6,600	—	exited	−0.02 pp	—
unresolvedEncana Corp	—	−50,100	—	exited	−0.02 pp	—
EXRExtra Space Storage, Inc.	—	−4,976	—	exited	−0.02 pp	—
HOGHarley-Davidson, Inc.	—	−8,916	—	exited	−0.02 pp	—
INCYIncyte Genomics Inc	—	−5,200	—	exited	−0.02 pp	—
LVSLas Vegas Sands Corp.	—	−8,824	—	exited	−0.02 pp	—
unresolvedLiberty Interactive Corp	—	−11,879	—	exited	−0.02 pp	—
MSGSMadison Square Garden Sports Corp.	—	−2,607	—	exited	−0.02 pp	—
NBIXNeurocrine Biosciences Inc	—	−11,322	—	exited	−0.02 pp	—
NEENextEra Energy, Inc.	—	−3,200	—	exited	−0.02 pp	—
JWNNordstrom, Inc.	—	−9,371	—	exited	−0.02 pp	—
unresolvedPriceline Grp Inc	—	−295	—	exited	−0.02 pp	—
REGNRegeneron Pharmaceuticals Inc	—	−1,381	—	exited	−0.02 pp	—
SNASnap-on Incorporated	—	−2,800	—	exited	−0.02 pp	—
TUPTupperware Brands Corporation	—	−7,267	—	exited	−0.02 pp	—
VCVisteon Corporation	—	−6,535	—	exited	−0.02 pp	—
BRSLBrightstar Lottery PLC	—	−20,216	—	exited	−0.02 pp	—
AUDCAudioCodes Ltd	—	−106,666	—	exited	−0.02 pp	—
ALGNAlign Technology Inc	—	−2,515	—	exited	−0.01 pp	—
CBRECbre Group, Inc.	—	−7,598	—	exited	−0.01 pp	—
CNOCNO Financial Group, Inc.	—	−22,700	—	exited	−0.01 pp	—
CHHChoice Hotels Intnl.	—	−5,760	—	exited	−0.01 pp	—
FANGDiamondback Energy, Inc.	—	−2,680	—	exited	−0.01 pp	—
DNKNDunkin' Brands Group, Inc.	—	−5,615	—	exited	−0.01 pp	—
EVEaton Vance Corp	—	−5,678	—	exited	−0.01 pp	—
FLTCorpay, Inc.	—	−1,394	—	exited	−0.01 pp	—
HAINHain Celestial Group Inc	—	−7,200	—	exited	−0.01 pp	—
HOLXHologic Inc	—	−7,236	—	exited	−0.01 pp	—
HIIHuntington Ingalls Industries, Inc.	—	−1,598	—	exited	−0.01 pp	—
IEXIDEX Corporation	—	−2,604	—	exited	−0.01 pp	—
IPGThe Interpublic Group of Companies, Inc.	—	−14,800	—	exited	−0.01 pp	—
unresolvedItc Hldgs Corp	—	−5,205	—	exited	−0.01 pp	—
ELThe Estee Lauder Companies Inc. Class A	—	−3,800	—	exited	−0.01 pp	—
MELIMercado Libre, Inc	—	−1,322	—	exited	−0.01 pp	—
MIDDMiddleby Corp	—	−1,912	—	exited	−0.01 pp	—
NNNNNN REIT, Inc.	—	−4,823	—	exited	−0.01 pp	—
JCPJ.C. Penney Company, Inc.	—	−25,500	—	exited	−0.01 pp	—
SCHWThe Charles Schwab Corporation	—	−7,294	—	exited	−0.01 pp	—
SGENSeagen Inc.	—	−4,347	—	exited	−0.01 pp	—
unresolvedStarz	—	−8,865	—	exited	−0.01 pp	—
WBCWabco Holdings Inc.	—	−2,527	—	exited	−0.01 pp	—
WEXWEX Inc.	—	−2,213	—	exited	−0.01 pp	—
WYNNWynn Resorts Ltd	—	−2,945	—	exited	−0.01 pp	—
ZZillow Group, Inc. Class C	—	−6,582	—	exited	−0.01 pp	—
unresolvedDelphi Automotive PLC	—	−3,869	—	exited	−0.01 pp	—
unresolvedTowerstream Corp	—	−21,590	—	exited	0.00 pp	—
unresolvedViolin Memory Inc	—	−104,166	—	exited	0.00 pp	—

Other 13(f) securities

Options 15

Contract	% of notional	Shares	Notional
IWM PUT	38.38%	2,451,300	$331M
SPY PUT	12.79%	493,000	$110M
XLI PUT	9.03%	1,250,000	$78M
XLF CALL	8.44%	3,125,000	$73M
EEM PUT	7.32%	1,800,000	$63M
URI PUT	4.26%	347,500	$37M
GS CALL	3.86%	139,000	$33M
META CALL	3.82%	286,000	$33M
ORCL CALL	3.43%	769,000	$30M
LAMR PUT	2.58%	330,000	$22M
NFLX CALL	1.80%	125,000	$15M
XOP PUT	1.59%	330,000	$14M
Whole Foods Market CALL	1.31%	367,500	$11M
Valeant Pharmaceuticals Intl PUT	0.84%	500,000	$7M
CX CALL	0.55%	592,000	$5M

Notes 17

Issue	% of notes	Principal	Value
Viavi Solutions Inc	20.32%	248,259,000	$258M
Mandiant Inc	16.26%	222,172,000	$206M
Nuance Communications	15.13%	190,259,000	$192M
Invensense Inc	9.58%	121,748,000	$122M
Rovi Corp	6.80%	84,310,000	$86M
Pros Holdings Inc	6.69%	86,102,000	$85M
Twitter Inc	5.81%	78,469,000	$74M
Calamp Corp	4.24%	55,493,000	$54M
Novatel Wireless Inc	3.87%	52,769,000	$49M
Servicesource Intl Inc	3.50%	45,858,000	$44M
Nuance Communications	2.43%	34,000,000	$31M
Cornerstone Ondemand Inc	1.77%	21,500,000	$22M
Natwest Group PLC	1.05%	13,000,000	$13M
Mandiant Inc	0.86%	12,000,000	$11M
Bottomline Technologies	0.79%	9,720,000	$10M
Standard Chartered PLC	0.79%	10,000,000	$10M
Tesla Inc	0.14%	2,000,000	$2M

Source

Form: 13F-HR
Reading: 0 defects · 38 unresolved
Accession: 0001140361-17-007246
SEC cross-check: SEC data set not published yet

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