Empire Capital Management, L.L.C.
Follow13F filer, CIK 1321711, WESTPORT, CT
Empire Capital Management, L.L.C. reported $62,627,000 across 13 holdings for the quarter ended 2016-03-31, in a 13F-HR filed 2016-05-13. Its ten largest share positions make up 100% of the portfolio.
Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001140361-16-065187
- Period
- 2016-03-31
- Reported value
- $62.6M
- Holdings
- 13
- Top 10 weight
- 100%
- New
- 9
- Sold out
- 23
Largest buys vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| STAMPS COM INCnew | +14,139 | $1.5M |
| BAZAARVOICE INCadded | +405,000 | $1.28M |
| GOOGLnew | +1,000 | $763K |
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 |
|---|---|---|
| METAexited | -55,000 | -$5.76M |
| LINKEDIN CORPexited | -25,000 | -$5.63M |
| CRMexited | -45,000 | -$3.53M |
| BABAexited | -35,000 | -$2.84M |
| PROOFPOINT INCexited | -35,000 | -$2.27M |
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 0001140361-16-065187, largest first. % of portfolio is the value over $6,304,000, the sum of the share positions whose value is usable for ratios (method).
| Security | History | Shares | Value | % of portfolio | Change | Latest event | Timeline |
|---|---|---|---|---|---|---|---|
| BAZAARVOICE INCBAZAARVOICE INC | 895,000 | $2.82M | 44.72% | +405,000 | |||
| STAMPS COM INCSTAMPS COM INC | 14,139 | $1.5M | 23.84% | new | |||
| EXPEEXPEDIA GROUP INC | 11,310 | $1.22M | 19.34% | -8,690 | Timeline | ||
| GOOGLALPHABET INC | 1,000 | $763K | 12.1% | 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 |
|---|---|---|---|---|
| META PLATFORMS INCMETA PLATFORMS INC CALL | call | 135,700 | $15.5M | -79,300 |
| AMAZON COM INCAMAZON COM INC CALL | call | 23,600 | $14M | new |
| SALESFORCE INCSALESFORCE INC CALL | call | 158,300 | $11.7M | +133,300 |
| MICROSOFT CORPMICROSOFT CORP CALL | call | 113,200 | $6.25M | new |
| ALPHABET INCALPHABET INC CALL | call | 4,700 | $3.59M | new |
| EXPEDIA GROUP INCEXPEDIA GROUP INC CALL | call | 25,400 | $2.74M | new |
| MICRON TECHNOLOGY INCMICRON TECHNOLOGY INC CALL | call | 113,300 | $1.19M | new |
| RINGCENTRAL INCRINGCENTRAL INC CALL | call | 56,000 | $882K | new |
| BOX INCBOX INC CL A | put | 40,500 | $497K | 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 |
|---|---|---|---|
| ISHARES TRISHARES TR | 425,000 | $47.9M | call |
| LINKEDIN CORP - ALINKEDIN CORP - A | 57,500 | $12.9M | call |
| METAMETA PLATFORMS INC | 55,000 | $5.76M | shares |
| LINKEDIN CORPLINKEDIN CORP | 25,000 | $5.63M | shares |
| SYMANTEC CORPSYMANTEC CORP | 200,000 | $4.2M | call |
| CRMSALESFORCE INC | 45,000 | $3.53M | shares |
| NETFLIX INC.NETFLIX INC. | 30,000 | $3.43M | call |
| BABAALIBABA GROUP HLDG LTD | 35,000 | $2.84M | shares |
| PROOFPOINT INCPROOFPOINT INC | 35,000 | $2.27M | shares |
| IMPERVA INCIMPERVA INC | 35,000 | $2.22M | shares |
| TSLATESLA INC | 9,000 | $2.16M | shares |
| NOKNOKIA CORP | 295,000 | $2.07M | shares |
| SABRSABRE CORP | 55,000 | $1.54M | shares |
| JIVE SOFTWARE INCJIVE SOFTWARE INC | 250,000 | $1.02M | call |
| GIGAMON INCGIGAMON INC | 35,000 | $930K | shares |
| NIMBLE STORAGE INCNIMBLE STORAGE INC | 100,000 | $920K | shares |
| CALLIDUS SOFTWARE INCCALLIDUS SOFTWARE INC | 45,000 | $836K | shares |
| MXLMAXLINEAR INC | 55,000 | $810K | shares |
| JDJD.COM INC | 25,000 | $807K | shares |
| DYDYCOM INDS INC | 10,000 | $700K | shares |
| CTRIP COM INTL LTDCTRIP COM INTL LTD | 15,000 | $695K | shares |
| BAZAARVOICE INCBAZAARVOICE INC | 120,000 | $526K | call |
| VIRTUSA CORPVIRTUSA CORP | 10,000 | $413K | 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 0001140361-16-065187 | base | 2016-05-13 | acceptance time not in the bulk data set |