BALESTRA CAPITAL LTD.
Follow13F filer, CIK 1007446, NEW YORK, NY
BALESTRA CAPITAL LTD. reported $617,467,000 across 19 holdings for the quarter ended 2014-06-30, in a 13F-HR filed 2014-08-01. Its ten largest share positions make up 88.59% of the portfolio.
Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001085146-14-001487
- Period
- 2014-06-30
- Reported value
- $617M
- Holdings
- 19
- Top 10 weight
- 88.59%
- New
- 7
- Sold out
- 4
Largest buys vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| GOOGLE INCnew | +15,250 | $8.77M |
| AERnew | +169,224 | $7.75M |
| VLOnew | +125,000 | $6.26M |
| BLACKROCK CAP INVT CORPnew | +162,803 | $1.48M |
| APOLLO INVT CORPadded | +42,931 | $370K |
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 |
|---|---|---|
| CMCSAreduced | -710,000 | -$38.1M |
| Googleexited | -32,750 | -$36.5M |
| TWENTY FIRST CENTY FOX INCreduced | -922,900 | -$32.4M |
| GENERAL ELEC COreduced | -938,800 | -$24.7M |
| GEO GROUP INCexited | -761,005 | -$24.5M |
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, Q2 2014
Share positions as resolved from 13F-HR 0001085146-14-001487, largest first. % of portfolio is the value over $142,541,000, the sum of the share positions whose value is usable for ratios (method).
| Security | History | Shares | Value | % of portfolio | Change | Latest event | Timeline |
|---|---|---|---|---|---|---|---|
| APOLLO INVT CORPAPOLLO INVT CORP | 2,774,931 | $23.9M | 16.76% | +42,931 | |||
| FIFTH STREET FIN CORP COMFIFTH STREET FIN CORP COM | 2,089,840 | $20.5M | 14.41% | -1,330,564 | |||
| BABOEING CO | 94,652 | $12M | 8.45% | -155,348 | Timeline | ||
| GENERAL ELEC COGENERAL ELEC CO | 436,200 | $11.5M | 8.04% | -938,800 | |||
| CMCSACOMCAST CORP NEW | 200,000 | $10.7M | 7.53% | -710,000 | Timeline | ||
| TWENTY FIRST CENTY FOX INCTWENTY FIRST CENTY FOX INC | 292,100 | $10.3M | 7.2% | -922,900 | |||
| EBAYEBAY INC. | 195,000 | $9.76M | 6.85% | -205,000 | Timeline | ||
| YAHOO INCYAHOO INC | 277,411 | $9.74M | 6.84% | -272,589 | |||
| CBS CORP NEWCBS CORP NEW | 145,700 | $9.05M | 6.35% | +720 | |||
| GOOGLE INCGOOGLE INC | 15,250 | $8.77M | 6.15% | new | |||
| AERAERCAP HOLDINGS NV | 169,224 | $7.75M | 5.44% | new | Timeline | ||
| VLOVALERO ENERGY CORP | 125,000 | $6.26M | 4.39% | new | Timeline | ||
| BLACKROCK CAP INVT CORPBLACKROCK CAP INVT CORP | 162,803 | $1.48M | 1.04% | new | |||
| GLDSPDR GOLD TR | 2,500 | $320K | 0.22% | 0 | Timeline | ||
| VYMVANGUARD WHITEHALL FDS | 3,400 | $225K | 0.16% | 0 | Timeline | ||
| CVXCHEVRON CORPORATION | 1,700 | $222K | 0.16% | 0 | 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).
Sold out in Q2 2014
Positions in the previous quarter's report that this quarter's report no longer lists.
| Security | Shares before | Value before | Type |
|---|---|---|---|
| GoogleGoogle | 32,750 | $36.5M | shares |
| GEO GROUP INCGEO GROUP INC | 761,005 | $24.5M | shares |
| GMGENERAL MTRS CO | 707,325 | $24.3M | shares |
| EBAY INC.EBAY INC. | 400,000 | $536K | call |
How Q2 2014 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 0001085146-14-001487 | base | 2014-08-01 | acceptance time not in the bulk data set |