AKANTHOS CAPITAL MANAGEMENT LLC
Follow13F filer, CIK 1218957, WOODLAND HILLS, CA
AKANTHOS CAPITAL MANAGEMENT LLC reported $84,778,000 across 12 holdings for the quarter ended 2017-03-31, in a 13F-HR filed 2017-05-15. Its ten largest share positions make up 99.53% of the portfolio.
Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001218957-17-000006
- Period
- 2017-03-31
- Reported value
- $84.8M
- Holdings
- 12
- Top 10 weight
- 99.53%
- New
- 4
- Sold out
- 7
Largest buys vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| SPDR SERIES TRUSTnew | +600,000 | $22.5M |
| CHESAPEAKE ENERGY CORPnew | +2,000,000 | $11.9M |
| SDadded | +487,445 | $9.01M |
| MCDERMOTT INTL INCnew | +583,900 | $3.94M |
| SPDR SERIES TRUSTadded | +50,000 | $1.87M |
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 |
|---|---|---|
| STATE STR SPDR S&P 500 ETF Texited | -300,000 | -$67.1M |
| CAREER EDUCATION CORPexited | -431,221 | -$4.1M |
| CHESEPEAKE ENERGY CORPexited | -400,000 | -$2.46M |
| BRIDGEPOINT EDUCATION INCexited | -125,000 | -$1.3M |
| SINGLE TOUCH SYSTEMS INCexited | -500,000 | -$1.16M |
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, Q1 2017
Share positions as resolved from 13F-HR 0001218957-17-000006, largest first. % of portfolio is the value over $84,778,000, the sum of the share positions whose value is usable for ratios (method).
| Security | History | Shares | Value | % of portfolio | Change | Latest event | Timeline |
|---|---|---|---|---|---|---|---|
| SDSANDRIDGE ENERGY INC | 1,225,298 | $22.7M | 26.72% | +487,445 | Timeline | ||
| SPDR SERIES TRUSTSPDR SERIES TRUST | 600,000 | $22.5M | 26.5% | new | |||
| CHESAPEAKE ENERGY CORPCHESAPEAKE ENERGY CORP | 2,000,000 | $11.9M | 14.01% | new | |||
| OCWEN FINL CORPOCWEN FINL CORP | 1,400,000 | $7.66M | 9.03% | +300,000 | |||
| SPDR SERIES TRUSTSPDR SERIES TRUST | 200,000 | $7.49M | 8.83% | +50,000 | |||
| BKDBROOKDALE SR LIVING INC | 350,000 | $4.7M | 5.55% | +52,241 | Timeline | ||
| MCDERMOTT INTL INCMCDERMOTT INTL INC | 583,900 | $3.94M | 4.65% | new | |||
| COGINT INCCOGINT INC | 350,000 | $1.63M | 1.92% | -150,400 | |||
| WMI HOLDINGS CORPWMI HOLDINGS CORP | 1,033,678 | $1.5M | 1.77% | +33,678 | |||
| KEY ENERGY SVCS INC DELKEY ENERGY SVCS INC DEL | 20,000 | $464K | 0.55% | new | |||
| CONNQCONNS INC | 35,000 | $306K | 0.36% | 0 | Timeline | ||
| NANTKWEST INCNANTKWEST INC | 26,330 | $93K | 0.11% | 0 |
Sold out in Q1 2017
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 | 300,000 | $67.1M | shares |
| SANDRIDGE ENERGY INCSANDRIDGE ENERGY INC | 6,438,253 | $6.88M | principal |
| CAREER EDUCATION CORPCAREER EDUCATION CORP | 431,221 | $4.1M | shares |
| CHESEPEAKE ENERGY CORPCHESEPEAKE ENERGY CORP | 400,000 | $2.46M | shares |
| BRIDGEPOINT EDUCATION INCBRIDGEPOINT EDUCATION INC | 125,000 | $1.3M | shares |
| SINGLE TOUCH SYSTEMS INCSINGLE TOUCH SYSTEMS INC | 500,000 | $1.16M | shares |
| MEMORIAL PRODUCTION PARTNERSMEMORIAL PRODUCTION PARTNERS | 1,000,000 | $170K | shares |
How Q1 2017 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 0001218957-17-000006 | base | 2017-05-15 | acceptance time not in the bulk data set |