Ferox Capital Management LP
Follow13F filer, CIK 1343232, London, United Kingdom
Ferox Capital Management LP reported $141,848,000 across 26 holdings for the quarter ended 2018-12-31, in a 13F-HR filed 2019-02-13. Its ten largest share positions make up 77.82% of the portfolio.
Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001343231-19-000004
- Period
- 2018-12-31
- Reported value
- $142M
- Holdings
- 26
- Top 10 weight
- 77.82%
- New
- 7
- Sold out
- 15
Largest buys vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| AAPLnew | +26,200 | $4.41M |
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 |
|---|---|---|
| CRMexited | -6,100 | -$974K |
| DISH NETWORK CORPORATIONexited | -20,000 | -$717K |
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, Q4 2018
Share positions as resolved from 13F-HR 0001343231-19-000004, largest first. % of portfolio is the value over $141,848,000, the sum of the share positions whose value is usable for ratios (method).
Principal amounts
Notes and convertibles filed as a face amount (PRN). A face amount is never added to a share count (H6).
| Security | Type | Amount | Value | Change |
|---|---|---|---|---|
| WORKDAY INCWORKDAY INC NOTE 0.250%10/0 | principal | 13,400,000 | $18.2M | new |
| TRIP COM GROUP LTDTRIP COM GROUP LTD DBCV 1.250% 9/1 | principal | 16,800,000 | $16.4M | 0 |
| TESLA INCTESLA INC NOTE 0.250 3/0 | principal | 16,100,000 | $16.1M | -2,000,000 |
| ILLUMINA INCILLUMINA INC NOTE 6/1 | principal | 11,500,000 | $13.3M | 0 |
| LIBERTY MEDIA CORP DELLIBERTY MEDIA CORP DEL NOTE 1.375%10/1 | principal | 9,200,000 | $10.5M | +3,000,000 |
| MICROCHIP TECHNOLOGY INC.MICROCHIP TECHNOLOGY INC. NOTE 1.625% 2/1 | principal | 8,880,000 | $9.54M | +2,000,000 |
| COLONY STARWOOD HOMESCOLONY STARWOOD HOMES NOTE 3.500% 1/1 | principal | 8,500,000 | $9.28M | 0 |
| NXP SEMICONDUCTORS N VNXP SEMICONDUCTORS N V NOTE 1.000%12/0 | principal | 7,000,000 | $7.24M | new |
| ON SEMICONDUCTOR CORPON SEMICONDUCTOR CORP NOTE 1.000%12/0 | principal | 4,000,000 | $4.93M | +2,900,000 |
| ZILLOW GROUP INCZILLOW GROUP INC NOTE 2.000%12/0 | principal | 4,800,000 | $4.86M | +3,800,000 |
| DISH NETWORK CORPORATIONDISH NETWORK CORPORATION NOTE 3.375% 8/1 | principal | 5,700,000 | $4.86M | -800,000 |
| CHENIERE ENERGY INCCHENIERE ENERGY INC NOTE 4.250% 3/1 | principal | 6,250,000 | $4.66M | 0 |
| MICRON TECHNOLOGY INCMICRON TECHNOLOGY INC NOTE 3.000%11/1 | principal | 3,000,000 | $3.98M | new |
| JAZZ INVESTMENTS I LTDJAZZ INVESTMENTS I LTD NOTE 1.875% 8/1 | principal | 3,500,000 | $3.46M | new |
| GUIDEWIRE SOFTWARE INCGUIDEWIRE SOFTWARE INC BOND | principal | 1,300,000 | $1.32M | new |
| PRICELINE GRP INCPRICELINE GRP INC NOTE 0.900% 9/1 | principal | 1,000,000 | $1.14M | +100,000 |
| SILICON LABORATORIES INCSILICON LABORATORIES INC NOTE 1.375% 3/0 | principal | 1,000,000 | $1.06M | new |
| TESLA INCTESLA INC NOTE 1.250% 3/0 | principal | 950,000 | $1.02M | -800,000 |
| NUVASIVE INCNUVASIVE INC NOTE 2.250% 3/1 | principal | 800,000 | $858K | -600,000 |
| J2 GLOBAL INCJ2 GLOBAL INC NOTE 3.250% 6/1 | principal | 700,000 | $839K | -200,000 |
| HERBALIFE LTDHERBALIFE LTD NOTE 2.000% 8/1 | principal | 600,000 | $834K | -400,000 |
| CTRIP COM INTL LTDCTRIP COM INTL LTD DBCV 1.990% 7/0 | principal | 800,000 | $811K | -800,000 |
| WRIGHT MED GROUP INCWRIGHT MED GROUP INC NOTE 2.000% 2/1 | principal | 700,000 | $790K | -800,000 |
| NUANCE COMMUNICATIONS INCNUANCE COMMUNICATIONS INC DEBT 1.500%11/0 | principal | 800,000 | $781K | -800,000 |
| ILLUMINA INCILLUMINA INC NOTE 0.500% 6/1 | principal | 500,000 | $636K | -200,000 |
Sold out in Q4 2018
Positions in the previous quarter's report that this quarter's report no longer lists.
| Security | Shares before | Value before | Type |
|---|---|---|---|
| CTRIP COM INTL LTDCTRIP COM INTL LTD | 7,000,000 | $7.04M | principal |
| BIOMARIN PHARMACEUTICAL INCBIOMARIN PHARMACEUTICAL INC | 6,000,000 | $6.27M | principal |
| ZILLOW GROUP INCZILLOW GROUP INC | 6,600,000 | $6.07M | principal |
| NATIONAL HEALTH INVS INCNATIONAL HEALTH INVS INC | 2,350,000 | $2.63M | principal |
| PALO ALTO NETWORKS INCPALO ALTO NETWORKS INC | 850,000 | $1.74M | principal |
| INTEGRATED DEVICE TECHNOLOGYINTEGRATED DEVICE TECHNOLOGY | 1,150,000 | $1.73M | principal |
| LIVE NATION ENTERTAINMENT INLIVE NATION ENTERTAINMENT IN | 1,050,000 | $1.65M | principal |
| RTI INTL METALS INCRTI INTL METALS INC | 1,300,000 | $1.34M | principal |
| DYCOM INDS INCDYCOM INDS INC | 1,050,000 | $1.16M | principal |
| STARWOOD WAYPOINT RESIDENTLSTARWOOD WAYPOINT RESIDENTL | 900,000 | $1.11M | principal |
| CRMSALESFORCE INC | 6,100 | $974K | shares |
| YAHOO INCYAHOO INC | 600,000 | $762K | principal |
| INSULET CORPINSULET CORP | 400,000 | $749K | principal |
| DISH NETWORK CORPORATIONDISH NETWORK CORPORATION | 20,000 | $717K | shares |
| PDC ENERGY INCPDC ENERGY INC | 500,000 | $485K | principal |
How Q4 2018 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 0001343231-19-000004 | base | 2019-02-13 | acceptance time not in the bulk data set |