Espalier Global Management LLC
Follow13F filer, CIK 1533327, New York, NY
Espalier Global Management LLC reported $754,710,000 across 58 holdings for the quarter ended 2016-03-31, in a 13F-HR filed 2016-05-16. Its ten largest share positions make up 60.03% of the portfolio.
Filed (acceptance time not in the bulk data set), ingested 13F-HR 0000919574-16-012999
- Period
- 2016-03-31
- Reported value
- $755M
- Holdings
- 58
- Top 10 weight
- 60.03%
- New
- 44
- Sold out
- 46
Largest buys vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| NFLXnew | +55,000 | $5.62M |
| NXPInew | +40,000 | $3.24M |
| MEAD JOHNSON NUTRITION COnew | +37,500 | $3.19M |
| JPMnew | +50,000 | $2.96M |
| Bank of Americanew | +200,000 | $2.7M |
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 |
|---|---|---|
| TD AMERITRADE HLDG CORPexited | -200,000 | -$6.94M |
| HRBexited | -158,500 | -$5.28M |
| ORBCOMM INCreduced | -512,500 | -$5.19M |
| GDexited | -37,500 | -$5.15M |
| E TRADE FINANCIAL CORPexited | -170,000 | -$5.04M |
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 0000919574-16-012999, largest first. % of portfolio is the value over $61,663,000, the sum of the share positions whose value is usable for ratios (method).
| Security | History | Shares | Value | % of portfolio | Change | Latest event | Timeline |
|---|---|---|---|---|---|---|---|
| NFLXNETFLIX INC. | 55,000 | $5.62M | 9.12% | new | Timeline | ||
| SYFSYNCHRONY FINANCIAL | 187,500 | $5.37M | 8.72% | -125,000 | Timeline | ||
| VVISA INC | 62,500 | $4.78M | 7.75% | +12,500 | Timeline | ||
| VIRTVIRTU FINL INC | 175,000 | $3.87M | 6.27% | -12,500 | Timeline | ||
| NXPINXP SEMICONDUCTORS N V | 40,000 | $3.24M | 5.26% | new | Timeline | ||
| MEAD JOHNSON NUTRITION COMEAD JOHNSON NUTRITION CO | 37,500 | $3.19M | 5.17% | new | |||
| JPMJPMORGAN CHASE & CO | 50,000 | $2.96M | 4.8% | new | Timeline | ||
| SCHWCHARLES SCHWAB CORP (THE) | 100,000 | $2.8M | 4.54% | -92,000 | Timeline | ||
| Bank of AmericaBank of America | 200,000 | $2.7M | 4.39% | new | The CUSIP as filed is malformed. | ||
| NOCNORTHROP GRUMMAN CORP | 12,500 | $2.47M | 4.01% | 0 | Timeline | ||
| LMTLOCKHEED MARTIN CORP | 10,000 | $2.21M | 3.59% | -17,500 | Timeline | ||
| CRMSALESFORCE INC | 30,000 | $2.21M | 3.59% | new | Timeline | ||
| CCITIGROUP INC | 50,000 | $2.09M | 3.39% | new | Timeline | ||
| TTWOTAKE-TWO INTERACTIVE SOFTWAR | 50,000 | $1.88M | 3.06% | -128,000 | Timeline | ||
| RAYTHEON CORAYTHEON CO | 15,000 | $1.84M | 2.98% | 0 | |||
| SYNASYNAPTICS INC | 22,500 | $1.79M | 2.91% | new | Timeline | ||
| ACTVISION BLIZZARD INCACTVISION BLIZZARD INC | 50,000 | $1.69M | 2.74% | -101,500 | |||
| CYBERARK SOFTWARE LTD/ISRAELCYBERARK SOFTWARE LTD/ISRAEL | 37,500 | $1.6M | 2.59% | new | |||
| ORBCOMM INCORBCOMM INC | 137,500 | $1.39M | 2.26% | -512,500 | |||
| AMERICAN INTERNATIONAL GROU…AMERICAN INTERNATIONAL GROUP INC | 25,000 | $1.35M | 2.19% | new | The CUSIP as filed is malformed. | ||
| GLOBALSTAR INCGLOBALSTAR INC | 825,000 | $1.21M | 1.97% | new | |||
| TIVO INCTIVO INC | 125,000 | $1.19M | 1.93% | new | |||
| FEI COFEI CO | 12,500 | $1.11M | 1.8% | new | |||
| METMETLIFE INC | 25,000 | $1.1M | 1.78% | new | Timeline | ||
| PROSHARES TR II ULT VIX SHRTPROSHARES TR II ULT VIX SHRT | 50,000 | $967K | 1.57% | new | |||
| SONUS NETWORKS INCSONUS NETWORKS INC | 66,250 | $499K | 0.81% | -13,750 | |||
| YELPYELP INC | 25,000 | $497K | 0.81% | 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 | put | 2,375,000 | $488M | +2,250,000 |
| AMAZON.COM INCAMAZON.COM INC COM | put | 50,000 | $29.7M | new |
| BABAALIBABA GROUP HLDG LTD SPONSORED ADS | put | 285,000 | $22.5M | -15,000 |
| IWMISHARES TR SHS | put | 125,000 | $13.8M | -125,000 |
| AMERICAN INTERNATIONAL GROU…AMERICAN INTERNATIONAL GROUP INC COM | put | 250,000 | $13.5M | new |
| METAMETA PLATFORMS INC COM | put | 100,000 | $11.4M | new |
| CCITIGROUP INC COM | call | 250,000 | $10.4M | new |
| MAMASTERCARD INCORPORATED COM | call | 100,000 | $9.45M | new |
| FLEETCOR TECHNOLOGIES INCFLEETCOR TECHNOLOGIES INC COM | put | 50,000 | $7.44M | new |
| PRUPRUDENTIAL FINL INC Stock | call | 100,000 | $7.22M | new |
| SYFSYNCHRONY FINANCIAL STOK | call | 250,000 | $7.17M | new |
| TMOTHERMO FISHER SCIENTIFIC INC COM | call | 50,000 | $7.08M | new |
| METAMETA PLATFORMS INC COM | call | 50,000 | $5.71M | new |
| NFLXNETFLIX INC. COM | call | 50,000 | $5.11M | new |
| ADBEADOBE INC COM | call | 50,000 | $4.69M | new |
| NVDANVIDIA CORPORATION COM | call | 125,000 | $4.45M | new |
| MMM3M CO Stock | put | 25,000 | $4.17M | new |
| SPYSTATE STR SPDR S&P 500 ETF T SHS | call | 20,000 | $4.11M | new |
| AAGILENT TECHNOLOGIES INC Stock | call | 100,000 | $3.98M | new |
| VVISA INC COM | call | 50,000 | $3.82M | new |
| ASPEN TECHNOLOGY INCASPEN TECHNOLOGY INC COM | put | 100,000 | $3.61M | new |
| Bank of AmericaBank of America COM | call | 250,000 | $3.38M | new |
| CVLTCOMMVAULT SYS INC Stock | call | 75,000 | $3.24M | new |
| TD AMERITRADE HLDG CORPTD AMERITRADE HLDG CORP COM | call | 100,000 | $3.15M | new |
| QLIK TECHNOLOGIES INCQLIK TECHNOLOGIES INC COM | call | 100,000 | $2.89M | new |
| SCHWCHARLES SCHWAB CORP (THE) COM | call | 100,000 | $2.8M | new |
| NFLXNETFLIX INC. COM | put | 25,000 | $2.56M | new |
| ARM HOLDINGS INCARM HOLDINGS INC ADR | put | 50,000 | $2.19M | new |
| YELPYELP INC Stock | call | 100,000 | $1.99M | new |
| PYPLPAYPAL HLDGS INC STOK | put | 50,000 | $1.93M | new |
| SHOPSHOPIFY INC CL A SUB VTG SHS | call | 50,000 | $1.41M | 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 |
|---|---|---|---|
| BABOEING CO | 300,000 | $43.4M | put |
| DISDISNEY WALT CO | 200,000 | $21M | put |
| IBMINTERNATIONAL BUSINESS MACHS | 132,500 | $18.2M | put |
| CHKPCHECK POINT SOFTWARE TECH LT | 150,000 | $12.2M | put |
| AAPLAPPLE INC | 100,000 | $10.5M | put |
| NEMNEWMONT CORP | 500,000 | $8.99M | call |
| MOBILEYE NV XXXMAN…MOBILEYE NV XXXMANDATORY… | 196,800 | $8.32M | put |
| GENERAL ELEC COGENERAL ELEC CO | 250,000 | $7.79M | put |
| AZOAUTOZONE INC | 10,000 | $7.42M | put |
| E TRADE FINANCIAL CORPE TRADE FINANCIAL CORP | 250,000 | $7.41M | call |
| TD AMERITRADE HLDG CORPTD AMERITRADE HLDG CORP | 200,000 | $6.94M | shares |
| AIGAMERICAN INTL GROUP INC | 100,000 | $6.2M | put |
| ADIANALOG DEVICES INC | 100,000 | $5.53M | put |
| PAYXPAYCHEX INC | 100,000 | $5.29M | put |
| HRBBLOCK H & R INC | 158,500 | $5.28M | shares |
| GDGENERAL DYNAMICS CORP | 37,500 | $5.15M | shares |
| SOLARCITY CORPSOLARCITY CORP | 100,000 | $5.1M | put |
| E TRADE FINANCIAL CORPE TRADE FINANCIAL CORP | 170,000 | $5.04M | shares |
| METAMETA PLATFORMS INC | 46,000 | $4.81M | shares |
| RACKSPACE HOSTING INCRACKSPACE HOSTING INC | 170,000 | $4.3M | shares |
| BACBANK OF AMER CORP | 250,000 | $4.21M | shares |
| Viacom Inc Cl AViacom Inc Cl A | 100,000 | $4.12M | put |
| TMOTHERMO FISHER SCIENTIFIC INC | 29,000 | $4.11M | shares |
| CFGCITIZENS FINL GROUP INC | 155,000 | $4.06M | shares |
| DALDELTA AIR LINES INC | 77,000 | $3.9M | shares |
| KEYKEYCORP | 250,000 | $3.3M | shares |
| NKENIKE INC | 50,000 | $3.12M | put |
| DISCOVER FINL SVCSDISCOVER FINL SVCS | 57,500 | $3.08M | shares |
| GOGOGOGO INC | 172,500 | $3.07M | shares |
| EBAYEBAY INC. | 110,000 | $3.02M | shares |
| GDDYGODADDY INC | 87,500 | $2.81M | shares |
| EAELECTRONIC ARTS INC | 37,500 | $2.58M | shares |
| LIBERTY TRIPADVISOR HLDGS INLIBERTY TRIPADVISOR HLDGS IN | 71,500 | $2.17M | shares |
| PJTPJT PARTNERS INC | 75,000 | $2.12M | shares |
| Foundation Medicine IncFoundation Medicine Inc | 100,000 | $2.11M | call |
| GLOBAL EAGLE ENTERTAINMENT IGLOBAL EAGLE ENTERTAINMENT I | 187,500 | $1.85M | shares |
| SPRINT CORPSPRINT CORP | 500,000 | $1.81M | put |
| ITRIITRON INC | 50,000 | $1.81M | shares |
| TABLEAU SOFTWARE INCTABLEAU SOFTWARE INC | 15,000 | $1.41M | shares |
| SGISOMNIGROUP INTERNATIONAL INC | 17,500 | $1.23M | shares |
| GROUPON INCGROUPON INC | 375,000 | $1.15M | shares |
| PACBPACIFIC BIOSCIENCES CALIF IN | 87,500 | $1.15M | shares |
| SIRIUS XM HOLDINGS INCSIRIUS XM HOLDINGS INC | 275,000 | $1.12M | shares |
| ADTRAN INCADTRAN INC | 65,000 | $1.12M | shares |
| ON DECK CAP INCON DECK CAP INC | 87,500 | $901K | shares |
| TTOOTTOO | 31,250 | $342K | 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 0000919574-16-012999 | base | 2016-05-16 | acceptance time not in the bulk data set |