Aequim Alternative Investments LP
Follow13F filer, CIK 1728201, MILL VALLEY, CA
Aequim Alternative Investments LP reported $3,122,640,670 across 97 holdings for the quarter ended 2024-12-31, in a 13F-HR filed 2025-02-14. Its ten largest share positions make up 40.32% of the portfolio.
Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001420506-25-000576
- Period
- 2024-12-31
- Reported value
- $3.12B
- Holdings
- 97
- Top 10 weight
- 40.32%
- New
- 15
- Sold out
- 20
Largest buys vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| HEWLETT PACKARD ENTERPRISE Cadded | +600,000 | $37.1M |
| BTSGadded | +508,779 | $31.8M |
| PG&E CORPnew | +330,000 | $16.4M |
| OXY/WSadded | +542,000 | $14.9M |
| CNKadded | +151,545 | $4.69M |
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 |
|---|---|---|
| CNXexited | -2,437,927 | -$79.4M |
| RBC BEARINGS INCexited | -435,000 | -$57.7M |
| WDCexited | -371,000 | -$25.3M |
| NEEreduced | -150,000 | -$7.32M |
| CCLreduced | -180,196 | -$4.49M |
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, Q4 2024
Share positions as resolved from 13F-HR 0001420506-25-000576, largest first. % of portfolio is the value over $3,107,560,670, the sum of the share positions whose value is usable for ratios (method).
| Security | History | Shares | Value | % of portfolio | Change | Latest event | Timeline |
|---|---|---|---|---|---|---|---|
| OXY/WSOCCIDENTAL PETE CORP | 8,542,000 | $235M | 7.57% | +542,000 | Timeline | ||
| EXPAND ENERGY CORPORATIONEXPAND ENERGY CORPORATION | 2,295,261 | $207M | 6.67% | 0 | |||
| HEWLETT PACKARD ENTERPRISE CHEWLETT PACKARD ENTERPRISE C | 1,800,000 | $111M | 3.58% | +600,000 | |||
| EXEELCHESAPEAKE ENERGY CORP -CW26 | 1,294,097 | $111M | 3.58% | 0 | Timeline | ||
| EXPAND ENERGY CORPORATIONEXPAND ENERGY CORPORATION | 1,146,996 | $109M | 3.51% | 0 | |||
| BTSGBRIGHTSPRING HEALTH SVCS INC | 990,000 | $62M | 1.99% | +508,779 | Timeline | ||
| NEENEXTERA ENERGY INC | 1,050,000 | $51.2M | 1.65% | -150,000 | Timeline | ||
| ALBEMARLE CORPALBEMARLE CORP | 1,100,000 | $44.8M | 1.44% | 0 | |||
| FLRFLUOR CORP | 813,350 | $40.1M | 1.29% | +70,590 | Timeline | ||
| CHART INDS INCCHART INDS INC | 450,000 | $31.7M | 1.02% | +7,500 | |||
| CNKCINEMARK HLDGS INC | 959,796 | $29.7M | 0.96% | +151,545 | Timeline | ||
| CCLCARNIVAL CORP | 1,004,704 | $25M | 0.81% | -180,196 | Timeline | ||
| PG&E CORPPG&E CORP | 330,000 | $16.4M | 0.53% | new | |||
| COINCOINBASE GLOBAL INC | 58,800 | $14.6M | 0.47% | -10,000 | Timeline | ||
| DISCOVER FINL SVCSDISCOVER FINL SVCS | 62,478 | $10.8M | 0.35% | +25,597 | |||
| EPR PPTYSEPR PPTYS | 440,000 | $9.15M | 0.29% | 0 | |||
| SIRISIRIUSXM HOLDINGS INC | 293,124 | $6.68M | 0.22% | 0 | Timeline | ||
| SPOTSPOTIFY TECHNOLOGY S A | 10,700 | $4.79M | 0.15% | 0 | Timeline | ||
| RPAYREPAY HLDGS CORP | 578,484 | $4.41M | 0.14% | 0 | Timeline | ||
| PDPAGERDUTY INC | 163,300 | $2.98M | 0.1% | 0 | Timeline | ||
| WOLFSPEED INCWOLFSPEED INC | 412,179 | $2.75M | 0.09% | +215,343 | |||
| PSNPARSONS CORP DEL | 29,300 | $2.7M | 0.09% | 0 | Timeline | ||
| WKWORKIVA INC | 22,200 | $2.43M | 0.08% | new | Timeline | ||
| JAZZJAZZ PHARMACEUTICALS PLC | 16,700 | $2.06M | 0.07% | -9,200 | Timeline | ||
| ALEALLETE INC | 26,476 | $1.72M | 0.06% | new | Timeline | ||
| EPR PPTYSEPR PPTYS | 50,000 | $1.39M | 0.04% | 0 | |||
| GCM GROSVENOR INCGCM GROSVENOR INC | 1,085,000 | $1.37M | 0.04% | 0 | |||
| COMPOSECURE INCCOMPOSECURE INC | 231,114 | $1.1M | 0.04% | 0 | |||
| BAXBAXTER INTL INC | 25,000 | $729K | 0.02% | 0 | Timeline | ||
| CLFCLEVELAND-CLIFFS INC NEW | 73,000 | $686K | 0.02% | 0 | Timeline | ||
| ALGOMA STL GROUP INCALGOMA STL GROUP INC | 414,191 | $601K | 0.02% | 0 | |||
| ADNTADIENT PLC | 26,500 | $457K | 0.01% | 0 | Timeline | ||
| OMFONEMAIN HLDGS INC | 8,426 | $439K | 0.01% | 0 | Timeline | ||
| ZDZIFF DAVIS INC | 7,033 | $382K | 0.01% | -11,281 | Timeline | ||
| GTGOODYEAR TIRE & RUBR CO | 30,000 | $270K | 0.01% | 0 | Timeline | ||
| OIO-I GLASS INC | 20,000 | $217K | 0.01% | 0 | Timeline | ||
| IMMATICS N.VIMMATICS N.V | 252,741 | $63.6K | <0.01% | 0 |
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 |
|---|---|---|---|---|
| UBER TECHNOLOGIES INCUBER TECHNOLOGIES INC CALL | call | 250,000 | $15.1M | new |
Principal amounts
Notes and convertibles filed as a face amount (PRN). A face amount is never added to a share count (H6).
| Security | Type | Amount | Value | Change |
|---|---|---|---|---|
| PG&E CORPPG&E CORP NOTE 4.250%12/0 | principal | 100,000,000 | $109M | new |
| FORD MOTOR COMPANYFORD MOTOR COMPANY NOTE 3/1 | principal | 101,500,000 | $98.6M | 0 |
| RIVIAN AUTOMOTIVE INCRIVIAN AUTOMOTIVE INC NOTE 3.625%10/1 | principal | 108,000,000 | $97M | new |
| SOUTHERN COSOUTHERN CO NOTE 3.875%12/1 | principal | 90,000,000 | $94.7M | 0 |
| CENTERPOINT ENERGY INCCENTERPOINT ENERGY INC NOTE 4.250% 8/1 | principal | 77,500,000 | $79.6M | +2,500,000 |
| AMERICAN WTR CAP CORPAMERICAN WTR CAP CORP NOTE 3.625% 6/1 | principal | 75,000,000 | $74.4M | 0 |
| AIRBNB INC CLASS AAIRBNB INC CLASS A CLASS A | principal | 75,000,000 | $70.5M | +45,000,000 |
| VENTAS RLTY LTD PARTNERSHIPVENTAS RLTY LTD PARTNERSHIP NOTE 3.750% 6/0 | principal | 59,500,000 | $67.9M | 0 |
| ETSY INCETSY INC NOTE 0.125%10/0 | principal | 65,000,000 | $63.1M | 0 |
| FIRSTENERGY CORPFIRSTENERGY CORP NOTE 4.000% 5/0 | principal | 62,500,000 | $63M | 0 |
| CMS ENERGY CORPCMS ENERGY CORP NOTE 3.375% 5/0 | principal | 60,000,000 | $62.4M | 0 |
| ALLIANT ENERGY CORPALLIANT ENERGY CORP NOTE 3.875% 3/1 | principal | 60,000,000 | $61.9M | +2,500,000 |
| SEAGATE HDD CAYMANSEAGATE HDD CAYMAN NOTE 3.500% 6/0 | principal | 50,000,000 | $60.3M | +35,000,000 |
| EVERGY INCEVERGY INC NOTE 4.500%12/1 | principal | 50,000,000 | $54.5M | new |
| PROGRESS SOFTWARE CORPPROGRESS SOFTWARE CORP NOTE 1.000% 4/1 | principal | 45,000,000 | $54.2M | +15,000,000 |
| ALNYLAM PHARMACEUTICALS INCALNYLAM PHARMACEUTICALS INC NOTE 1.000% 9/1 | principal | 50,000,000 | $53.3M | -30,000,000 |
| Shopify IncShopify Inc Convertible bond | principal | 50,000,000 | $51M | 0 |
| UNITY SOFTWARE INCUNITY SOFTWARE INC NOTE 11/1 | principal | 55,250,000 | $50.6M | 0 |
| GUARDANT HEALTH INCGUARDANT HEALTH INC NOTE 11/1 | principal | 60,000,000 | $50.5M | 0 |
| INTERDIGITAL INCINTERDIGITAL INC NOTE 3.500% 6/0 | principal | 20,000,000 | $50.3M | +5,000,000 |
| DUKE ENERGY CORP NEWDUKE ENERGY CORP NEW CONV BND | principal | 48,000,000 | $49.4M | -32,000,000 |
| REPLIGEN CORPREPLIGEN CORP NOTE 1.000%12/1 | principal | 45,000,000 | $46.1M | new |
| ALARM COM HLDGS INCALARM COM HLDGS INC NOTE 1/1 | principal | 42,500,000 | $40.3M | 0 |
| DATADOG INCDATADOG INC NOTE 0.125% 6/1 | principal | 25,550,000 | $39.7M | -11,000,000 |
| BLACKLINE INCBLACKLINE INC NOTE 3/1 | principal | 38,500,000 | $36.3M | +7,500,000 |
| EXACT SCIENCES CORPEXACT SCIENCES CORP NOTE 0.375% 3/1 | principal | 35,000,000 | $32.5M | +5,000,000 |
| INTEGER HLDGS CORPINTEGER HLDGS CORP NOTE 2.125% 2/1 | principal | 20,000,000 | $32.1M | 0 |
| MIDDLEBY CORPMIDDLEBY CORP NOTE 1.000% 9/0 | principal | 20,000,000 | $22.4M | +14,000,000 |
| FRESHPET INCFRESHPET INC NOTE 3.000% 4/0 | principal | 10,000,000 | $22.1M | 0 |
| ENPHASE ENERGY INCENPHASE ENERGY INC BOND | principal | 21,167,000 | $21.5M | +4,667,000 |
| CYTOKINETICS INCCYTOKINETICS INC NOTE 3.500% 7/0 | principal | 17,500,000 | $20.8M | 0 |
| JAMF HLDG CORPJAMF HLDG CORP NOTE 0.125% 9/0 | principal | 20,500,000 | $18.8M | 0 |
| PPL CAP FDG INCPPL CAP FDG INC NOTE 2.875% 3/1 | principal | 17,500,000 | $18.3M | +2,500,000 |
| CONFLUENT INCCONFLUENT INC NOTE 1/1 | principal | 20,000,000 | $18M | 0 |
| ETSY INCETSY INC NOTE 0.250% 6/1 | principal | 17,500,000 | $14.4M | +2,500,000 |
| PROS HOLDINGS INCPROS HOLDINGS INC NOTE 2.250% 9/1 | principal | 15,000,000 | $14.4M | +9,000,000 |
| BENTLEY SYS INCBENTLEY SYS INC NOTE 0.375% 7/0 | principal | 15,500,000 | $14M | +4,000,000 |
| ENOVIS CORPORATIONENOVIS CORPORATION NOTE 3.875%10/1 | principal | 12,500,000 | $13.3M | new |
| CSG SYS INTL INCCSG SYS INTL INC NOTE 3.875% 9/1 | principal | 12,500,000 | $12.7M | 0 |
| LIVE NATION ENTERTAINMENT INLIVE NATION ENTERTAINMENT IN NOTE 3.125% 1/1 | principal | 9,000,000 | $12.3M | new |
| RAPID7 INCRAPID7 INC NOTE 2.250% 5/0 | principal | 11,925,000 | $11.8M | 0 |
| GUIDEWIRE SOFTWARE INCGUIDEWIRE SOFTWARE INC BOND | principal | 6,514,000 | $9.65M | -15,636,000 |
| MIRUM PHARMACEUTICALS INCMIRUM PHARMACEUTICALS INC NOTE 4.000% 5/0 | principal | 6,000,000 | $9.16M | new |
| SNAP INCSNAP INC NOTE 5/0 | principal | 10,000,000 | $8.7M | 0 |
| VARONIS SYS INCVARONIS SYS INC BOND | principal | 5,000,000 | $7.29M | 0 |
| SEMTECH CORPSEMTECH CORP NOTE 1.625%11/0 | principal | 3,750,000 | $6.64M | new |
| PEGASYSTEMS INCPEGASYSTEMS INC NOTE 0.750% 3/0 | principal | 5,000,000 | $4.97M | new |
| LUMENTUM HLDGS INCLUMENTUM HLDGS INC NOTE 0.500% 6/1 | principal | 5,000,000 | $4.85M | -20,000,000 |
| EXACT SCIENCES CORPEXACT SCIENCES CORP NOTE 1.000% 1/1 | principal | 4,675,000 | $4.67M | +675,000 |
| LIVEPERSON INCLIVEPERSON INC NOTE 12/1 | principal | 9,400,000 | $4.23M | 0 |
| PTC THERAPEUTICS INCPTC THERAPEUTICS INC NOTE 1.500% 9/1 | principal | 3,000,000 | $3.36M | new |
| CLOUDFLARE INCCLOUDFLARE INC NOTE 8/1 | principal | 3,500,000 | $3.35M | 0 |
| PACIRA BIOSCIENCES INCPACIRA BIOSCIENCES INC NOTE 0.750% 8/0 | principal | 3,298,000 | $3.2M | 0 |
| ENPHASE ENERGY INCENPHASE ENERGY INC NOTE 3/0 | principal | 3,500,000 | $2.88M | new |
| CUTERA INCCUTERA INC NOTE 2.250% 3/1 | principal | 20,355,000 | $2.81M | 0 |
| BENTLEY SYSTEMS INCBENTLEY SYSTEMS INC NOTE 0.125% 1/1 | principal | 2,500,000 | $2.44M | 0 |
| HAEMONETICS CORP MASSHAEMONETICS CORP MASS NOTE 3/0 | principal | 2,500,000 | $2.37M | 0 |
| CUTERA INCCUTERA INC NOTE 4.000% 6/0 | principal | 9,500,000 | $855K | 0 |
| CUTERA INCCUTERA INC NOTE 2.250% 6/0 | principal | 2,000,000 | $180K | 0 |
Sold out in Q4 2024
Positions in the previous quarter's report that this quarter's report no longer lists.
| Security | Shares before | Value before | Type |
|---|---|---|---|
| CNXCNX RES CORP | 2,437,927 | $79.4M | shares |
| RBC BEARINGS INCRBC BEARINGS INC | 435,000 | $57.7M | shares |
| AFFIRM HLDGS INCAFFIRM HLDGS INC | 35,000,000 | $31.1M | principal |
| AKAMAI TECHNOLOGIES INCAKAMAI TECHNOLOGIES INC | 27,500,000 | $30.7M | principal |
| WDCWESTERN DIGITAL CORP | 371,000 | $25.3M | shares |
| TELADOC HEALTH INCTELADOC HEALTH INC | 27,500,000 | $23.9M | principal |
| UBERUBER TECHNOLOGIES INC | 250,000 | $18.8M | call |
| STRIDE INCSTRIDE INC | 10,000,000 | $16.9M | principal |
| MANNKIND CORPMANNKIND CORP | 10,000,000 | $13.3M | principal |
| SMART GLOBAL HLDGS INCSMART GLOBAL HLDGS INC | 8,450,000 | $10.2M | principal |
| ENVESTNET INCENVESTNET INC | 9,000,000 | $8.9M | principal |
| MACOM TECH SOLUTIONS HLDGS IMACOM TECH SOLUTIONS HLDGS I | 5,000,000 | $7.08M | principal |
| RWT HLDGS INCRWT HLDGS INC | 4,250,000 | $4.19M | principal |
| CONMED CORPCONMED CORP | 4,000,000 | $3.72M | principal |
| TRAVERE THERAPEUTICS INCTRAVERE THERAPEUTICS INC | 3,625,000 | $3.13M | principal |
| EEFTEURONET WORLDWIDE INC | 6,600 | $655K | shares |
| CPRICAPRI HOLDINGS LIMITED | 15,000 | $637K | shares |
| SPIRIT AIRLS INCSPIRIT AIRLS INC | 2,000,000 | $623K | principal |
| ALURWALLURION TECHNOLOGIES INC WT P | 122,500 | $4.92K | shares |
| BUTTERFLY NETWORK INCBUTTERFLY NETWORK INC | 49,393 | $4.05K | shares |
How Q4 2024 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 0001420506-25-000576 | base | 2025-02-14 | acceptance time not in the bulk data set |