Espalier Global Management LLC
Follow13F filer, CIK 1533327, New York, NY
Espalier Global Management LLC reported $984,162,000 across 70 holdings for the quarter ended 2015-03-31, in a 13F-HR filed 2015-05-15. Its ten largest share positions make up 44.3% of the portfolio.
Filed (acceptance time not in the bulk data set), ingested 13F-HR 0000919574-15-004135
- Period
- 2015-03-31
- Reported value
- $984M
- Holdings
- 70
- Top 10 weight
- 44.3%
- New
- 45
- Sold out
- 52
Largest buys vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| TWITTER INCnew | +285,000 | $14.3M |
| SUNEDISON INCnew | +525,000 | $12.6M |
| AMZNnew | +30,000 | $11.2M |
| MAnew | +125,000 | $10.8M |
| FSLRnew | +175,000 | $10.5M |
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.
Largest sells vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| YAHOO INCexited | -260,000 | -$13.1M |
| HRBexited | -218,200 | -$7.35M |
| FTNTexited | -225,000 | -$6.9M |
| COFexited | -79,500 | -$6.56M |
| GSexited | -31,500 | -$6.11M |
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 2015
Share positions as resolved from 13F-HR 0000919574-15-004135, largest first. % of portfolio is the value over $250,563,000, the sum of the share positions whose value is usable for ratios (method).
| Security | History | Shares | Value | % of portfolio | Change | Latest event | Timeline |
|---|---|---|---|---|---|---|---|
| TWITTER INCTWITTER INC | 285,000 | $14.3M | 5.7% | new | |||
| INTUINTUIT | 137,500 | $13.3M | 5.32% | +35,500 | Timeline | ||
| SUNEDISON INCSUNEDISON INC | 525,000 | $12.6M | 5.03% | new | |||
| AMZNAMAZON COM INC | 30,000 | $11.2M | 4.46% | new | Timeline | ||
| MAMASTERCARD INCORPORATED | 125,000 | $10.8M | 4.31% | new | Timeline | ||
| DISCOVER FINL SVCSDISCOVER FINL SVCS | 187,500 | $10.6M | 4.22% | +11,250 | |||
| FSLRFIRST SOLAR INC | 175,000 | $10.5M | 4.18% | new | Timeline | ||
| BLACKSTONE GROUP LP/THEBLACKSTONE GROUP LP/THE | 250,000 | $9.72M | 3.88% | +31,300 | |||
| VOYAVOYA FINANCIAL INC | 225,000 | $9.7M | 3.87% | +90,700 | Timeline | ||
| CCITIGROUP INC | 162,500 | $8.37M | 3.34% | new | Timeline | ||
| EXPEEXPEDIA GROUP INC | 87,500 | $8.24M | 3.29% | -55,200 | Timeline | ||
| METAMETA PLATFORMS INC | 100,000 | $8.22M | 3.28% | +39,600 | Timeline | ||
| SPWRQSUNPOWER CORP | 225,000 | $7.04M | 2.81% | new | Timeline | ||
| WTWISDOMTREE INC | 325,000 | $6.97M | 2.78% | -122,120 | Timeline | ||
| TD AMERITRADE HLDG CORPTD AMERITRADE HLDG CORP | 175,000 | $6.52M | 2.6% | +500 | |||
| E TRADE FINANCIAL CORPE TRADE FINANCIAL CORP | 225,000 | $6.42M | 2.56% | +85,800 | |||
| LIONS GATE ENTMNT CORPLIONS GATE ENTMNT CORP | 175,000 | $5.94M | 2.37% | +24,700 | |||
| RVTYREVVITY INC | 100,000 | $5.11M | 2.04% | +46,000 | Timeline | ||
| NOKNOKIA CORP | 650,000 | $4.93M | 1.97% | new | Timeline | ||
| ORBCOMM INCORBCOMM INC | 800,000 | $4.78M | 1.91% | +290,600 | |||
| QLIK TECHNOLOGIES INCQLIK TECHNOLOGIES INC | 150,000 | $4.67M | 1.86% | new | |||
| INFINERA CORPINFINERA CORP | 225,000 | $4.43M | 1.77% | new | |||
| GOGOGOGO INC | 200,000 | $3.81M | 1.52% | new | Timeline | ||
| CFGCITIZENS FINL GROUP INC | 150,000 | $3.62M | 1.44% | -35,700 | Timeline | ||
| INFORMATICA CORPINFORMATICA CORP | 75,000 | $3.29M | 1.31% | new | |||
| INFOBLOX INCINFOBLOX INC | 137,500 | $3.28M | 1.31% | -8,100 | |||
| RACKSPACE HOSTING INCRACKSPACE HOSTING INC | 62,500 | $3.22M | 1.29% | new | |||
| XEROX CORPXEROX CORP | 250,000 | $3.21M | 1.28% | new | |||
| AAGILENT TECHNOLOGIES INC | 75,000 | $3.12M | 1.24% | new | Timeline | ||
| MACQUARIE INFRASTRUCTURE HO…MACQUARIE INFRASTRUCTURE HOLDI | 37,500 | $3.09M | 1.23% | new | |||
| CSCOCISCO SYS INC | 110,000 | $3.03M | 1.21% | new | Timeline | ||
| PANWPALO ALTO NETWORKS INC | 20,000 | $2.92M | 1.17% | -25,000 | Timeline | ||
| AIGAMERICAN INTL GROUP INC | 50,000 | $2.74M | 1.09% | -96,400 | Timeline | ||
| ATMEL CORPATMEL CORP | 325,000 | $2.67M | 1.07% | new | |||
| SOLARWINDS INCSOLARWINDS INC | 50,000 | $2.56M | 1.02% | -21,000 | |||
| SIX FLAGS ENTERTAINMENT CORPSIX FLAGS ENTERTAINMENT CORP | 49,174 | $2.38M | 0.95% | new | |||
| INVEINVE TECHNOLOGIES INC | 275,000 | $2.36M | 0.94% | -5,000 | Timeline | ||
| AMATAPPLIED MATLS INC | 100,000 | $2.26M | 0.9% | new | Timeline | ||
| RITEAID CORPRITEAID CORP | 250,000 | $2.17M | 0.87% | new | |||
| TRIPTRIPADVISOR INC | 25,000 | $2.08M | 0.83% | new | Timeline | ||
| GSBDGOLDMAN SACHS BDC INC | 100,000 | $2.07M | 0.82% | new | Timeline | ||
| TERRAFORM POWER INCTERRAFORM POWER INC | 55,000 | $2.01M | 0.8% | new | |||
| BGC PARTNERS INCBGC PARTNERS INC | 200,000 | $1.89M | 0.75% | new | |||
| FIVEFIVE BELOW INC | 50,000 | $1.78M | 0.71% | new | Timeline | ||
| IAC INTERACTIVECORPIAC INTERACTIVECORP | 25,000 | $1.69M | 0.67% | new | |||
| CARMIKE CINEMAS INCCARMIKE CINEMAS INC | 50,000 | $1.68M | 0.67% | new | |||
| GLOBALSTAR INCGLOBALSTAR INC | 350,000 | $1.17M | 0.47% | new | |||
| GLOBAL CASH ACCESS HLDGS INCGLOBAL CASH ACCESS HLDGS INC | 150,000 | $1.14M | 0.46% | new | |||
| GLOBAL EAGLE ENTERTAINMENT IGLOBAL EAGLE ENTERTAINMENT I | 79,794 | $1.06M | 0.42% | -53,406 |
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 | put | 1,250,000 | $258M | +1,000,000 |
| SPYSTATE STR SPDR S&P 500 ETF T SHS | call | 750,000 | $155M | new |
| Mallinckrodt PlcMallinckrodt Plc SHS | put | 663,800 | $84.1M | -107,400 |
| MMM3M CO Stock | put | 400,000 | $66M | new |
| AAPLAPPLE INC COM | put | 500,000 | $62.2M | new |
| DHRDANAHER CORP DEL COM | call | 175,000 | $14.9M | new |
| PALL CORPPALL CORP COM | call | 100,000 | $10M | +19,000 |
| GSGOLDMAN SACHS GROUP INC COM | call | 50,000 | $9.4M | new |
| ILMNILLUMINA INC COM | call | 50,000 | $9.28M | new |
| BLACKROCK INCBLACKROCK INC COM | put | 25,000 | $9.15M | -87,500 |
| WALGREENS BOOTS ALLIANCE INCWALGREENS BOOTS ALLIANCE INC COM | call | 100,000 | $8.47M | new |
| BACBANK OF AMER CORP COM | call | 500,000 | $7.7M | new |
| INFORMATICA CORPINFORMATICA CORP COM | call | 150,000 | $6.58M | new |
| AEOAMERICAN EAGLE OUTFITTERS IN Stock | call | 350,000 | $5.98M | new |
| BFHBREAD FINANCIAL HOLDINGS INC COM | call | 20,000 | $5.92M | new |
| AMATAPPLIED MATLS INC COM | call | 250,000 | $5.64M | new |
| YELPYELP INC Stock | call | 100,000 | $4.74M | -75,000 |
| AAGILENT TECHNOLOGIES INC Stock | call | 100,000 | $4.16M | -170,000 |
| FLIR SYS INCFLIR SYS INC COM | call | 100,000 | $3.13M | new |
| CHICAGO BRIDGE & IRON CO NVCHICAGO BRIDGE & IRON CO NV N Y REGISTRY SH | put | 50,000 | $2.46M | new |
| INFINERA CORPINFINERA CORP COMMON STOCK | call | 50,000 | $984K | new |
Sold out in Q1 2015
Positions in the previous quarter's report that this quarter's report no longer lists.
| Security | Shares before | Value before | Type |
|---|---|---|---|
| IWMISHARES TR | 263,900 | $31.6M | put |
| TSLATESLA INC | 100,000 | $22.2M | put |
| YAHOO INCYAHOO INC | 260,000 | $13.1M | shares |
| AIGAMERICAN INTL GROUP INC | 225,000 | $12.6M | call |
| WATWATERS CORP | 108,500 | $12.2M | call |
| AALAMERICAN AIRLINES GROUP INC | 202,500 | $10.9M | put |
| HSYHERSHEY CO | 90,000 | $9.35M | call |
| LEUCADIA NATL CORPLEUCADIA NATL CORP | 336,200 | $7.54M | put |
| HRBBLOCK H & R INC | 218,200 | $7.35M | shares |
| E TRADE FINANCIAL CORPE TRADE FINANCIAL CORP | 292,500 | $7.09M | call |
| FTNTFORTINET INC | 225,000 | $6.9M | shares |
| WYNNWYNN RESORTS LTD | 45,000 | $6.69M | put |
| COFCAPITAL ONE FINL CORP | 79,500 | $6.56M | shares |
| GSGOLDMAN SACHS GROUP INC | 31,500 | $6.11M | shares |
| NTAPNETAPP INC | 135,000 | $5.6M | put |
| PRUPRUDENTIAL FINL INC | 61,000 | $5.52M | shares |
| ALLYALLY FINL INC | 225,000 | $5.32M | call |
| Apollo Global ManagementApollo Global Management | 225,000 | $5.31M | shares |
| SEARS HOLDINGS CORP XXXSEARS HOLDINGS CORP XXX | 160,000 | $5.28M | put |
| LVSLAS VEGAS SANDS CORP | 90,000 | $5.23M | put |
| LIBERTY INTERACTIVE CORPLIBERTY INTERACTIVE CORP | 137,400 | $5.18M | shares |
| GAPGAP INC | 122,000 | $5.14M | shares |
| TIME INC NEWTIME INC NEW | 207,700 | $5.11M | shares |
| DSW INC-CLASS ADSW INC-CLASS A | 135,000 | $5.04M | shares |
| CBOECBOE GLOBAL MKTS INC | 78,750 | $4.99M | shares |
| SCHWCHARLES SCHWAB CORP (THE) | 148,500 | $4.48M | shares |
| NORDSTROM INCNORDSTROM INC | 56,250 | $4.47M | shares |
| RYAMRAYONIER ADVANCED MATLS INC | 200,000 | $4.46M | put |
| LENDINGCLUB CORPLENDINGCLUB CORP | 173,250 | $4.38M | shares |
| MSMORGAN STANLEY | 109,200 | $4.24M | shares |
| CVLTCOMMVAULT SYS INC | 80,700 | $4.17M | shares |
| LAZARD LTD-CLASS ALAZARD LTD-CLASS A | 81,225 | $4.06M | shares |
| PALL CORPPALL CORP | 39,600 | $4.01M | shares |
| RVTYREVVITY INC | 90,000 | $3.94M | call |
| ONEMAIN HOLDINGSONEMAIN HOLDINGS | 98,700 | $3.57M | shares |
| ON DECK CAP INCON DECK CAP INC | 157,500 | $3.53M | shares |
| DSW INC-CLASS ADSW INC-CLASS A | 90,000 | $3.36M | call |
| FHIFEDERATED HERMES INC | 90,000 | $2.96M | call |
| ACTVISION BLIZZARD INCACTVISION BLIZZARD INC | 143,300 | $2.89M | shares |
| ORBITZ WORLDWIDE INCORBITZ WORLDWIDE INC | 344,800 | $2.84M | shares |
| ORCLORACLE CORP | 62,000 | $2.79M | shares |
| AMBAAMBARELLA INC | 50,000 | $2.54M | put |
| HALYARD HEALTH INCHALYARD HEALTH INC | 55,500 | $2.52M | shares |
| SONUS NETWORKS INCSONUS NETWORKS INC | 625,000 | $2.48M | shares |
| ADVENT SOFTWARE INCADVENT SOFTWARE INC | 66,200 | $2.03M | shares |
| EXPRESS INCEXPRESS INC | 135,000 | $1.98M | shares |
| ALLYALLY FINL INC | 79,500 | $1.88M | shares |
| GOGOGOGO INC | 90,000 | $1.49M | put |
| FEI COFEI CO | 11,600 | $1.05M | call |
| FEI COFEI CO | 10,800 | $976K | shares |
| HEALTHWAYS INCHEALTHWAYS INC | 20,250 | $403K | shares |
| Gevo IncGevo Inc | 250,000 | $38K | shares |
How Q1 2015 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 0000919574-15-004135 | base | 2015-05-15 | acceptance time not in the bulk data set |