DIALECTIC CAPITAL MANAGEMENT, LP

13F filer, CIK 1411512, Norwalk, CT

DIALECTIC CAPITAL MANAGEMENT, LP reported $213,687,000 across 93 holdings for the quarter ended 2016-03-31, in a 13F-HR filed 2016-05-16. Its ten largest share positions make up 47.63% of the portfolio.

Filed 2016-05-16 (acceptance time not in the bulk data set), ingested 2026-10-07 19:13:19 UTC13F-HR 0000919574-16-012988

Period: 2016-03-31
Reported value: $214M
Holdings: 93
Top 10 weight: 47.63%
New: 45
Sold out: 80

Largest buys vs the previous quarter

Security	Shares change	Approx. value
SPYnew	+156,400	$32.1M
GDOTnew	+364,342	$8.37M
TSLAnew	+36,004	$8.27M
AAPLnew	+31,025	$3.38M
MWAnew	+237,762	$2.35M

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
EMRexited	-94,604	-$4.53M
ITBexited	-140,469	-$3.81M
BWXTreduced	-104,621	-$3.51M
WMTreduced	-42,616	-$2.92M
B/E AEROSPACE INCexited	-62,553	-$2.65M

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 2016

Share positions as resolved from 13F-HR 0000919574-16-012988, largest first. % of portfolio is the value over $172,935,000, the sum of the share positions whose value is usable for ratios (method).

Security	Shares	Value	% of portfolio	Change	Timeline
SPYSTATE STR SPDR S&P 500 ETF T	156,400	$32.1M	18.59%	new	Timeline
RILYBRC GROUP HOLDINGS INC	903,935	$9.49M	5.49%	-10,422	Timeline
GDOTGREEN DOT CORP	364,342	$8.37M	4.84%	new	Timeline
TSLATESLA INC	36,004	$8.27M	4.78%	new	Timeline
NOCNORTHROP GRUMMAN CORP	30,698	$6.08M	3.51%	+2,193	Timeline
UNITED ONLINE INCUNITED ONLINE INC	419,680	$4.84M	2.8%	+158,876
COVISINT CORPCOVISINT CORP	1,774,925	$3.55M	2.05%	+482,716
AAPLAPPLE INC	31,025	$3.38M	1.96%	new	Timeline
NMIHNMI HLDGS INC	652,762	$3.3M	1.91%	+338,474	Timeline
GOOGLALPHABET INC	3,873	$2.96M	1.71%	+572	Timeline
LITELUMENTUM HLDGS INC	104,663	$2.82M	1.63%	-27,670	Timeline
SLRCSLR INVESTMENT CORP	156,220	$2.7M	1.56%	+8,485	Timeline
TPVGTRIPLEPOINT VENTURE GROWTH B	241,302	$2.53M	1.46%	+8,672	Timeline
MWAMUELLER WTR PRODS INC	237,762	$2.35M	1.36%	new	Timeline
AMERICAN CAPITAL LTDAMERICAN CAPITAL LTD	149,364	$2.28M	1.32%	new
CSCOCISCO SYS INC	79,748	$2.27M	1.31%	+18,958	Timeline
INOVIO PHARMACEUTICALS INCINOVIO PHARMACEUTICALS INC	250,000	$2.18M	1.26%	new
LEXMARK INTL NEWLEXMARK INTL NEW	61,847	$2.07M	1.2%	+7,623
L-3 COMMUNICATIONS HLDGS INCL-3 COMMUNICATIONS HLDGS INC	17,271	$2.05M	1.18%	new
MARVELL TECHNOLOGY GROUP LTDMARVELL TECHNOLOGY GROUP LTD	192,679	$1.99M	1.15%	new
BENEFICIAL BANCORP INCBENEFICIAL BANCORP INC	139,410	$1.91M	1.1%	+65,630
GRAMERCY PPTY TR COMGRAMERCY PPTY TR COM	221,648	$1.87M	1.08%	+28,617
Mallinckrodt PlcMallinckrodt Plc	30,000	$1.84M	1.06%	new
METAMETA PLATFORMS INC	15,665	$1.79M	1.03%	+2,332	Timeline
INTCINTEL CORP	54,710	$1.77M	1.02%	new	Timeline
TERTERADYNE INC	79,469	$1.72M	0.99%	-47,550	Timeline
INPHI CORPINPHI CORP	51,299	$1.71M	0.99%	new
MELLANOX TECHNOLOGIES LTDMELLANOX TECHNOLOGIES LTD	31,226	$1.7M	0.98%	+20,851
BLUE HILLS BANCORP INCBLUE HILLS BANCORP INC	118,425	$1.62M	0.94%	+7,200
THL CREDIT INCTHL CREDIT INC	141,740	$1.53M	0.89%	+42,250
HC2 HLDGS INCHC2 HLDGS INC	400,700	$1.53M	0.89%	-10,851
AMERICAN EQUITY INVT LIFEAMERICAN EQUITY INVT LIFE	90,500	$1.52M	0.88%	new
LMTLOCKHEED MARTIN CORP	6,520	$1.44M	0.83%	new	Timeline
TCP CAP CORPTCP CAP CORP	96,564	$1.44M	0.83%	+7,234
WHOLE FOODS MKT INCWHOLE FOODS MKT INC	44,025	$1.37M	0.79%	+6,421
AERAERCAP HOLDINGS NV	34,200	$1.32M	0.77%	-15,175	Timeline
CACCCREDIT ACCEP CORP MICH	7,210	$1.31M	0.76%	+2,960	Timeline
NWSANEWS CORP NEW	100,000	$1.28M	0.74%	new	Timeline
NORTHSTAR ASSETNORTHSTAR ASSET	112,510	$1.28M	0.74%	new
INSYS THERAPEUTICS INCINSYS THERAPEUTICS INC	79,550	$1.27M	0.74%	new
MSGSMADISON SQUARE GRDN SPRT COR	7,514	$1.25M	0.72%	-6,994	Timeline
MSFTMICROSOFT CORP	22,071	$1.22M	0.7%	-25,511	Timeline
RAYTHEON CORAYTHEON CO	9,935	$1.22M	0.7%	new
SHWSHERWIN WILLIAMS CO	4,150	$1.18M	0.68%	new	Timeline
ZAYO GROUP HLDGS INC COMZAYO GROUP HLDGS INC COM	48,708	$1.18M	0.68%	new
CRMSALESFORCE INC	15,731	$1.16M	0.67%	-17,877	Timeline
VONAGE HLDGS CORPVONAGE HLDGS CORP	253,116	$1.16M	0.67%	-62,054
KRNYKEARNY FINL CORP MD	92,650	$1.15M	0.66%	-31,650	Timeline
BWXTBWX TECHNOLOGIES INC	32,797	$1.1M	0.64%	-104,621	Timeline
CMBTCMB.TECH NV	105,699	$1.08M	0.63%	new	Timeline
OLNOLIN CORP	56,277	$977K	0.56%	-25,174	Timeline
SWKSSKYWORKS SOLUTIONS INC	12,325	$960K	0.56%	new	Timeline
AMAG PHARMACEUTICALS INCAMAG PHARMACEUTICALS INC	41,000	$960K	0.56%	new
OCLARO INCOCLARO INC	170,931	$923K	0.53%	-100,959
NORTHSTAR REIT.NORTHSTAR REIT.	70,140	$920K	0.53%	+2,020
ALBALBEMARLE CORP	13,607	$870K	0.5%	new	Timeline
IAC INTERACTIVECORPIAC INTERACTIVECORP	18,430	$868K	0.5%	new
RITMRITHM CAPITAL CORP	74,390	$865K	0.5%	-110,908	Timeline
CSWCCAPITAL SOUTHWEST CORP	61,843	$858K	0.5%	-143,484	Timeline
LDOSLEIDOS HOLDINGS INC	17,036	$857K	0.5%	new	Timeline
BAHBOOZ ALLEN HAMILTON HLDG COR	28,132	$852K	0.49%	new	Timeline
XILINX INCXILINX INC	17,866	$848K	0.49%	-67
MMACYS INC	19,200	$846K	0.49%	-4,885	Timeline
BROCADE COMMUNICATIONS SYS IBROCADE COMMUNICATIONS SYS I	78,647	$832K	0.48%	new
ABUSARBUTUS BIOPHARMA CORP	199,895	$825K	0.48%	new	Timeline
ACREARES COML REAL ESTATE CORP	75,370	$825K	0.48%	+9,300	Timeline
WMTWALMART INC	11,500	$787K	0.46%	-42,616	Timeline
IMMRIMMERSION CORP	93,671	$774K	0.45%	-126,345	Timeline
BXMTBLACKSTONE MORTGAGE TRUST IN	27,200	$731K	0.42%	-7,060	Timeline
ALCENTRA CAP CORPALCENTRA CAP CORP	60,472	$703K	0.41%	+31,172
WCI CMNTYS INCWCI CMNTYS INC	36,526	$678K	0.39%	-2,328
FORMFORMFACTOR INC	85,428	$621K	0.36%	new	Timeline
CSRA INCCSRA INC	23,071	$620K	0.36%	new
CACICACI INTL INC	5,726	$611K	0.35%	new	Timeline
ACTVISION BLIZZARD INCACTVISION BLIZZARD INC	17,645	$598K	0.35%	-16,362
MGMMGM RESORTS INTERNATIONAL	27,405	$588K	0.34%	-52,426	Timeline
FIRST CONNECTICUT BANCORPFIRST CONNECTICUT BANCORP	28,400	$453K	0.26%	new
ELDORADO RESORTS INCELDORADO RESORTS INC	39,497	$452K	0.26%	new
TERRITORAL BANCORP INCTERRITORAL BANCORP INC	15,300	$399K	0.23%	new
SUPNSUPERNUS PHARMACEUTICALS	22,200	$338K	0.2%	new	Timeline
TICC CAPITAL CORPTICC CAPITAL CORP	65,300	$313K	0.18%	+54,046
BLACKHAWK NETWORK HOLDING I…BLACKHAWK NETWORK HOLDING INC	8,767	$301K	0.17%	-28,488
ASSEMBLY BIOSCIENCES INCASSEMBLY BIOSCIENCES INC	56,862	$286K	0.17%	new
TAILORED BRANDS INCTAILORED BRANDS INC	15,000	$268K	0.15%	new
GLU MOBILE INCGLU MOBILE INC	90,987	$257K	0.15%	new
GW PHARMACEUTICALS PLCGW PHARMACEUTICALS PLC	3,500	$252K	0.15%	new
SPX CORPSPX CORP	10,404	$157K	0.09%	new
NVCRNOVOCURE LTD	10,000	$145K	0.08%	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
GLDSPDR GOLD TR GOLD SHS	call	242,400	$28.5M	-57,600
BABOEING CO COM	put	45,000	$5.71M	new
BIPBROOKFIELD INFRASTRUCTURE PA LP INT UNIT	put	100,000	$4.21M	-34,500
IEPICAHN ENTERPRISES LP Common Stock	put	30,000	$1.89M	new
AMERICAN EQUITY INVT LIFEAMERICAN EQUITY INVT LIFE COMMON STOCK	call	25,000	$420K	new

Sold out in Q1 2016

Positions in the previous quarter's report that this quarter's report no longer lists.

Security	Shares before	Value before	Type
SPYSTATE STR SPDR S&P 500 ETF T	190,000	$38.7M	call
NFLXNETFLIX INC.	210,000	$24M	put
CMICUMMINS INC	100,000	$8.8M	put
AOSSMITH A O CORP	100,000	$7.66M	put
CATCATERPILLAR INC	100,000	$6.8M	put
GILDGILEAD SCIENCES INC	60,000	$6.07M	put
EQIXEQUINIX INC	20,000	$6.05M	put
AMZNAMAZON COM INC	7,500	$5.07M	put
MONSANTO CO NEWMONSANTO CO NEW	50,000	$4.93M	call
KMXCARMAX INC	88,100	$4.75M	put
PCARPACCAR INC	100,000	$4.74M	put
EMREMERSON ELEC CO	94,604	$4.53M	shares
INGERSOLL-RAND PLCINGERSOLL-RAND PLC	75,000	$4.15M	call
CFCF INDUSTRIES HOLD	100,000	$4.08M	put
CHINA BIOLOGIC PRODUCTS INCCHINA BIOLOGIC PRODUCTS INC	28,500	$4.06M	put
ITBISHARES TR	140,469	$3.81M	shares
Mallinckrodt PlcMallinckrodt Plc	50,000	$3.73M	put
FSLRFIRST SOLAR INC	50,000	$3.3M	put
GW PHARMACEUTICALS PLCGW PHARMACEUTICALS PLC	46,000	$3.19M	put
TLTISHARES TR	25,000	$3.01M	call
NOKNOKIA CORP	400,000	$2.81M	call
B/E AEROSPACE INCB/E AEROSPACE INC	62,553	$2.65M	shares
ASHRDBX ETF TR	80,000	$2.24M	put
MENS WEARHOUSE INCMENS WEARHOUSE INC	150,000	$2.2M	call
ALLEALLEGION PLC	33,048	$2.18M	shares
KITE PHARMA INCKITE PHARMA INC	35,000	$2.16M	put
ALAIR LEASE CORP	62,633	$2.1M	shares
INGERSOLL-RAND PLCINGERSOLL-RAND PLC	36,438	$2.02M	shares
AMZNAMAZON COM INC	2,641	$1.78M	shares
MRKMERCK & CO INC	32,673	$1.73M	shares
OLNOLIN CORP	100,000	$1.73M	call
CONCORDIA HEALTHCARE CORPCONCORDIA HEALTHCARE CORP	42,315	$1.72M	shares
TSLATESLA INC	7,000	$1.68M	put
DXCMDEXCOM INC	19,480	$1.59M	shares
BROOKFIELD ASSET MANAGEMENT…BROOKFIELD ASSET MANAGEMENT IN	50,000	$1.58M	put
HXLHEXCEL CORP NEW	33,301	$1.55M	shares
LVSLAS VEGAS SANDS CORP	35,000	$1.53M	put
VMCVULCAN MATLS CO	16,105	$1.53M	shares
VALEANT PHARMACEUTICALS INTLVALEANT PHARMACEUTICALS INTL	15,000	$1.52M	put
MUSAMURPHY USA INC	25,020	$1.52M	shares
SEATTLE GENETICS INCSEATTLE GENETICS INC	30,000	$1.35M	put
TRAVELCENTERS OF AMERICA LLCTRAVELCENTERS OF AMERICA LLC	142,381	$1.34M	shares
FNFABRINET	55,982	$1.33M	shares
MENS WEARHOUSE INCMENS WEARHOUSE INC	89,699	$1.32M	shares
BLUEROCK RESIDENTIAL GWT REIBLUEROCK RESIDENTIAL GWT REI	107,710	$1.28M	shares
ELDWISDOMTREE TR	36,859	$1.26M	shares
HOWARD HUGHES CORPORATIONHOWARD HUGHES CORPORATION	10,924	$1.24M	shares
BARCLAYS IPTH SRS B S&P SHR…BARCLAYS IPTH SRS B S&P SHRT TRM …	60,000	$1.21M	call
COLONY CAP INCCOLONY CAP INC	59,180	$1.15M	shares
TYCO INTL PLCTYCO INTL PLC	35,084	$1.12M	shares
EAELECTRONIC ARTS INC	12,715	$874K	shares
SPDR SERIES TRUST BLOOMBERG…SPDR SERIES TRUST BLOOMBERG BR	24,841	$842K	shares
DU PONT E I DE NEMOURS & CODU PONT E I DE NEMOURS & CO	12,642	$842K	shares
NTCTNETSCOUT SYS INC	26,873	$825K	shares
Dow Chemical CompanyDow Chemical Company	15,926	$820K	shares
LADRLADDER CAP CORP	65,700	$816K	shares
AshlandAshland	7,577	$778K	shares
HUBGHUB GROUP INC	21,204	$699K	shares
NOKNOKIA CORP	97,778	$687K	shares
DARDARLING INGREDIENTS INC	63,428	$667K	shares
SARSARATOGA INVT CORP	42,492	$656K	shares
CIENCIENA CORP	31,001	$641K	shares
OFSOFS CAP CORP	54,400	$625K	shares
GLADSTONE CAPITAL CORPORATI…GLADSTONE CAPITAL CORPORATION	84,693	$619K	shares
ARIAPOLLO COML REAL ESTATE FIN	35,000	$603K	shares
KMIKINDER MORGAN INC DEL	40,000	$597K	put
FCPTFOUR CORNERS PPTY TR INC	24,230	$585K	shares
PARRPAR PAC HOLDINGS INC	23,795	$561K	shares
RACKSPACE HOSTING INCRACKSPACE HOSTING INC	17,504	$444K	shares
BOFI HOLDING INCBOFI HOLDING INC	20,800	$438K	put
MUMICRON TECHNOLOGY INC	30,525	$432K	shares
GARRISON CAP INCGARRISON CAP INC	31,917	$388K	shares
HRZNHORIZON TECHNOLOGY FIN CORP	27,610	$324K	shares
REALNETWORKS INCREALNETWORKS INC	70,402	$299K	shares
NMFCNEW MTN FIN CORP	22,700	$296K	shares
DMRCDIGIMARC CORP NEW	7,945	$290K	shares
ACGPASSOCIATED CAP GROUP INC CLASS	7,779	$237K	shares
O2MICRO INTERNATIONAL LTDO2MICRO INTERNATIONAL LTD	152,959	$216K	shares
NORTHSTAR REALTY EUROPE CORPNORTHSTAR REALTY EUROPE CORP	13,734	$162K	shares
RESOURCE AMERICA INC-CL ARESOURCE AMERICA INC-CL A	10,000	$61K	shares

How Q1 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 0000919574-16-012988	base		2016-05-16	acceptance time not in the bulk data set	2026-10-07 19:13:19 UTC