7x7 Asset Management LLC
Follow13F filer, CIK 1388558, San Francisco, CA
7x7 Asset Management LLC reported $185,888,000 across 29 holdings for the quarter ended 2013-09-30, in a 13F-HR filed 2013-11-14. Its ten largest share positions make up 71.01% of the portfolio.
Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001172661-13-001453
- Period
- 2013-09-30
- Reported value
- $186M
- Holdings
- 29
- Top 10 weight
- 71.01%
- New
- 9
- Sold out
- 17
Largest buys vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| INTCnew | +370,000 | $8.48M |
| AAPLadded | +13,500 | $6.44M |
| VMWARE, INC.added | +60,000 | $4.85M |
| Broadcom Incnew | +85,000 | $3.66M |
| CITRIX SYSTEMS INCadded | +50,000 | $3.53M |
Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.
Largest sells vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| QCOMexited | -70,000 | -$4.28M |
| RIVERBED TECHNOLOGY INCexited | -257,443 | -$4.01M |
| MPWRreduced | -125,000 | -$3.79M |
| METAexited | -150,000 | -$3.73M |
| SYNAexited | -87,200 | -$3.36M |
Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.
Holdings, Q3 2013
Share positions as resolved from 13F-HR 0001172661-13-001453, largest first. % of portfolio is the value over $93,485,000, the sum of the share positions whose value is usable for ratios (method).
| Security | History | Shares | Value | % of portfolio | Change | Latest event | Timeline |
|---|---|---|---|---|---|---|---|
| VMWARE, INC.VMWARE, INC. | 115,000 | $9.3M | 9.95% | +60,000 | |||
| CITRIX SYSTEMS INCCITRIX SYSTEMS INC | 125,000 | $8.83M | 9.44% | +50,000 | |||
| INTCINTEL CORP | 370,000 | $8.48M | 9.07% | new | Timeline | ||
| AAPLAPPLE INC | 15,000 | $7.15M | 7.65% | +13,500 | Timeline | ||
| GoogleGoogle | 7,500 | $6.57M | 7.03% | +2,500 | |||
| JUNIPER NETWORKS INCJUNIPER NETWORKS INC | 284,900 | $5.66M | 6.05% | +119,900 | |||
| BROADCOM CORPBROADCOM CORP | 215,000 | $5.59M | 5.98% | +90,000 | |||
| TIBCO SOFTWARE INCTIBCO SOFTWARE INC | 200,000 | $5.12M | 5.47% | +80,000 | |||
| LSI CORPORATIONLSI CORPORATION | 650,000 | $5.09M | 5.44% | -185,000 | |||
| SWKSSKYWORKS SOLUTIONS INC | 185,000 | $4.59M | 4.92% | +45,000 | Timeline | ||
| AMATAPPLIED MATLS INC | 250,000 | $4.38M | 4.69% | +100,000 | Timeline | ||
| Broadcom IncBroadcom Inc | 85,000 | $3.66M | 3.92% | new | |||
| AOL INCAOL INC | 90,000 | $3.11M | 3.33% | new | |||
| JIVE SOFTWARE INCJIVE SOFTWARE INC | 244,500 | $3.06M | 3.27% | +104,600 | |||
| E M C CORP MASSE M C CORP MASS | 110,000 | $2.81M | 3.01% | -75,000 | |||
| NTAPNETAPP INC | 56,582 | $2.41M | 2.58% | new | Timeline | ||
| EZCHIP SEMICONDUCTOR LIMITEDEZCHIP SEMICONDUCTOR LIMITED | 75,000 | $1.85M | 1.98% | -63,107 | |||
| MPWRMONOLITHIC PWR SYS INC | 50,000 | $1.51M | 1.62% | -125,000 | Timeline | ||
| MAXIM INTEGRATED PRODS INCMAXIM INTEGRATED PRODS INC | 50,000 | $1.49M | 1.59% | -110,000 | |||
| NANOMETRICSNANOMETRICS | 72,144 | $1.16M | 1.24% | +17,144 | |||
| GROUPON INCGROUPON INC | 75,000 | $841K | 0.9% | new | |||
| WDAYWORKDAY INC | 10,000 | $809K | 0.87% | -5,000 | Timeline |
Options
Puts and calls, as filed. The amount and value describe the underlying shares, not the option premium, so they stay out of % of portfolio (H5).
| Security | Type | Amount | Value | Change |
|---|---|---|---|---|
| SPYSTATE STR SPDR S&P 500 ETF T SHS | put | 175,000 | $29.4M | -40,000 |
| IWMISHARES TR SHS | put | 235,000 | $25.1M | +35,000 |
| LINEAR TECHNOLOGY CORPLINEAR TECHNOLOGY CORP COM | put | 325,000 | $12.9M | new |
| TXNTEXAS INSTRS INC COM | put | 300,000 | $12.1M | new |
| BROADCOM CORPBROADCOM CORP CL A | call | 250,000 | $6.5M | -32,600 |
| AAPLAPPLE INC COM | call | 10,000 | $4.77M | new |
| INFINERA CORPINFINERA CORP COMMON STOCK | put | 150,000 | $1.7M | new |
Sold out in Q3 2013
Positions in the previous quarter's report that this quarter's report no longer lists.
| Security | Shares before | Value before | Type |
|---|---|---|---|
| IBMINTERNATIONAL BUSINESS MACHS | 47,000 | $8.98M | put |
| HEWLETT PACKARD COHEWLETT PACKARD CO | 329,000 | $8.16M | put |
| E M C CORP MASSE M C CORP MASS | 282,000 | $6.66M | call |
| MAXIM INTEGRATED PRODS INCMAXIM INTEGRATED PRODS INC | 235,000 | $6.53M | call |
| KLACKLA CORP | 100,000 | $5.57M | put |
| SWKSSKYWORKS SOLUTIONS INC | 235,000 | $5.14M | call |
| MSFTMICROSOFT CORP | 135,000 | $4.66M | put |
| QCOMQUALCOMM INC | 70,000 | $4.28M | shares |
| RIVERBED TECHNOLOGY INCRIVERBED TECHNOLOGY INC | 257,443 | $4.01M | shares |
| METAMETA PLATFORMS INC | 150,000 | $3.73M | shares |
| SYNASYNAPTICS INC | 87,200 | $3.36M | shares |
| EXPEEXPEDIA GROUP INC | 55,000 | $3.31M | shares |
| CSCOCISCO SYS INC | 135,000 | $3.29M | shares |
| INTEGRATED DEVICE TECHNOLOG…INTEGRATED DEVICE TECHNOLOGY INC | 260,000 | $2.06M | shares |
| INTERSIL CORPINTERSIL CORP | 195,000 | $1.52M | shares |
| TERTERADYNE INC | 47,044 | $827K | shares |
| ERICTELEFONAKTIEBOLAGET LM ERICS | 50,000 | $564K | shares |
How Q3 2013 was built
Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).
| Filing | Role | Amendment | Filed | Accepted | Ingested |
|---|---|---|---|---|---|
| 13F-HR 0001172661-13-001453 | base | 2013-11-14 | acceptance time not in the bulk data set |