AKANTHOS CAPITAL MANAGEMENT LLC
Follow13F filer, CIK 1218957, WOODLAND HILLS, CA
AKANTHOS CAPITAL MANAGEMENT LLC reported $117,839,000 across 15 holdings for the quarter ended 2016-12-31, in a 13F-HR filed 2017-02-14. Its ten largest share positions make up 97.36% of the portfolio.
Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001218957-17-000004
- Period
- 2016-12-31
- Reported value
- $118M
- Holdings
- 15
- Top 10 weight
- 97.36%
- New
- 5
- Sold out
- 9
Largest buys vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| STATE STR SPDR S&P 500 ETF Tnew | +300,000 | $67.1M |
| SDnew | +737,853 | $14.8M |
| SPDR SERIES TRUSTnew | +150,000 | $5.85M |
| COGINT INCadded | +425,500 | $1.55M |
| CHESEPEAKE ENERGY CORPadded | +200,000 | $1.23M |
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 |
|---|---|---|
| CAREER EDUCATION CORPreduced | -493,779 | -$4.7M |
| YPFexited | -105,500 | -$1.92M |
| FAIRPOINT COMMUNICATIONS INCexited | -75,000 | -$1.13M |
| BRIDGEPOINT EDUCATION INCreduced | -100,000 | -$1.04M |
| VUZIexited | -100,000 | -$886K |
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 2016
Share positions as resolved from 13F-HR 0001218957-17-000004, largest first. % of portfolio is the value over $117,839,000, the sum of the share positions whose value is usable for ratios (method).
| Security | History | Shares | Value | % of portfolio | Change | Latest event | Timeline |
|---|---|---|---|---|---|---|---|
| STATE STR SPDR S&P 500 ETF TSTATE STR SPDR S&P 500 ETF T | 300,000 | $67.1M | 56.91% | new | |||
| SDSANDRIDGE ENERGY INC | 737,853 | $14.8M | 12.55% | new | Timeline | ||
| SPDR SERIES TRUSTSPDR SERIES TRUST | 150,000 | $5.85M | 4.96% | new | |||
| OCWEN FINL CORPOCWEN FINL CORP | 1,100,000 | $5.83M | 4.95% | +45,000 | |||
| BKDBROOKDALE SR LIVING INC | 297,759 | $4.54M | 3.85% | +7,717 | Timeline | ||
| CAREER EDUCATION CORPCAREER EDUCATION CORP | 431,221 | $4.1M | 3.48% | -493,779 | |||
| CHESEPEAKE ENERGY CORPCHESEPEAKE ENERGY CORP | 400,000 | $2.46M | 2.09% | +200,000 | |||
| COGINT INCCOGINT INC | 500,400 | $1.83M | 1.55% | +425,500 | |||
| WMI HOLDINGS CORPWMI HOLDINGS CORP | 1,000,000 | $1.4M | 1.19% | -282,105 | |||
| BRIDGEPOINT EDUCATION INCBRIDGEPOINT EDUCATION INC | 125,000 | $1.3M | 1.1% | -100,000 | |||
| SINGLE TOUCH SYSTEMS INCSINGLE TOUCH SYSTEMS INC | 500,000 | $1.16M | 0.98% | +183,603 | |||
| CONNQCONNS INC | 35,000 | $354K | 0.3% | -17,800 | Timeline | ||
| MEMORIAL PRODUCTION PARTNERSMEMORIAL PRODUCTION PARTNERS | 1,000,000 | $170K | 0.14% | new | |||
| NANTKWEST INCNANTKWEST INC | 26,330 | $135K | 0.11% | 0 |
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 |
|---|---|---|---|---|
| SANDRIDGE ENERGY INCSANDRIDGE ENERGY INC NOTE 10/10 | principal | 6,438,253 | $6.88M | new |
Sold out in Q4 2016
Positions in the previous quarter's report that this quarter's report no longer lists.
| Security | Shares before | Value before | Type |
|---|---|---|---|
| STATE STR SPDR S&P 500 ETF TSTATE STR SPDR S&P 500 ETF T | 205,000 | $44.3M | put |
| SELECT SECTOR SPDR TRSELECT SECTOR SPDR TR | 1,000,000 | $19.3M | put |
| MCDERMOTT INTL INCMCDERMOTT INTL INC | 1,000,000 | $5.01M | call |
| SPDR SERIES TRUSTSPDR SERIES TRUST | 500,000 | $3.13M | call |
| CHESAPEAKE ENERGY CORPCHESAPEAKE ENERGY CORP | 500,000 | $3.13M | call |
| YPFYPF SOCIEDAD ANONIMA | 105,500 | $1.92M | shares |
| FAIRPOINT COMMUNICATIONS INCFAIRPOINT COMMUNICATIONS INC | 75,000 | $1.13M | shares |
| VUZIVUZIX CORP | 100,000 | $886K | shares |
| SANOFISANOFI | 667,000 | $180K | shares |
How Q4 2016 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 0001218957-17-000004 | base | 2017-02-14 | acceptance time not in the bulk data set |