BALESTRA CAPITAL LTD.
Follow13F filer, CIK 1007446, NEW YORK, NY
BALESTRA CAPITAL LTD. reported $1,677,328,000 across 15 holdings for the quarter ended 2013-12-31, in a 13F-HR filed 2014-02-12. Its ten largest share positions make up 98.75% of the portfolio.
Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001085146-14-000474
- Period
- 2013-12-31
- Reported value
- $1.68B
- Holdings
- 15
- Top 10 weight
- 98.75%
- New
- 7
- Sold out
- 5
Largest buys vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| EBAYnew | +800,000 | $43.9M |
| Crown Castlenew | +450,000 | $33M |
| DRInew | +604,074 | $32.8M |
| FIFTH STREET FIN CORP COMnew | +3,207,442 | $29.7M |
| AMTnew | +360,000 | $28.7M |
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 |
|---|---|---|
| SAPexited | -492,194 | -$36.4M |
| EXPEexited | -690,000 | -$35.7M |
| APOLLO INVT CORPexited | -3,298,543 | -$26.9M |
| CORECIVIC INCreduced | -790,684 | -$25.4M |
| PMreduced | -181,700 | -$15.8M |
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 2013
Share positions as resolved from 13F-HR 0001085146-14-000474, largest first. % of portfolio is the value over $329,091,000, the sum of the share positions whose value is usable for ratios (method).
| Security | History | Shares | Value | % of portfolio | Change | Latest event | Timeline |
|---|---|---|---|---|---|---|---|
| CMCSACOMCAST CORP NEW | 1,038,166 | $53.9M | 16.39% | -150,000 | Timeline | ||
| GoogleGoogle | 42,400 | $47.5M | 14.44% | -4,700 | |||
| EBAYEBAY INC. | 800,000 | $43.9M | 13.34% | new | Timeline | ||
| Crown CastleCrown Castle | 450,000 | $33M | 10.04% | new | |||
| DRIDARDEN RESTAURANTS INC | 604,074 | $32.8M | 9.98% | new | Timeline | ||
| GEO GROUP INCGEO GROUP INC | 969,453 | $31.2M | 9.49% | +136,298 | |||
| FIFTH STREET FIN CORP COMFIFTH STREET FIN CORP COM | 3,207,442 | $29.7M | 9.02% | new | |||
| AMTAMERICAN TOWER CORP | 360,000 | $28.7M | 8.73% | new | Timeline | ||
| PMPHILIP MORRIS INTL INC | 162,537 | $14.2M | 4.3% | -181,700 | Timeline | ||
| CORECIVIC INCCORECIVIC INC | 310,059 | $9.94M | 3.02% | -790,684 | |||
| ARCCARES CAPITAL CORP | 190,500 | $3.38M | 1.03% | -177,926 | Timeline | ||
| GLDSPDR GOLD TR | 2,500 | $290K | 0.09% | -17,500 | Timeline | ||
| CVXCHEVRON CORPORATION | 1,700 | $212K | 0.06% | 0 | Timeline | ||
| VYMVANGUARD WHITEHALL FDS | 3,400 | $212K | 0.06% | new | 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 | call | 7,300,000 | $1.35B | new |
Sold out in Q4 2013
Positions in the previous quarter's report that this quarter's report no longer lists.
| Security | Shares before | Value before | Type |
|---|---|---|---|
| SAPSAP SE | 492,194 | $36.4M | shares |
| EXPEEXPEDIA GROUP INC | 690,000 | $35.7M | shares |
| APOLLO INVT CORPAPOLLO INVT CORP | 3,298,543 | $26.9M | shares |
| BXMTBLACKSTONE MORTGAGE TRUST IN | 488,123 | $12.3M | shares |
| EEMISHARES TR | 20,000 | $200K | shares |
How Q4 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 0001085146-14-000474 | base | 2014-02-12 | acceptance time not in the bulk data set |