Ferox Capital Management LP
Follow13F filer, CIK 1343232, London, United Kingdom
Ferox Capital Management LP reported $290,462,000 across 46 holdings for the quarter ended 2019-06-30, in a 13F-HR/A filed 2019-09-04. Its ten largest share positions make up 60.81% of the portfolio.
Filed (acceptance time not in the bulk data set), ingested 13F-HR/A 0001343231-19-000016
- Period
- 2019-06-30
- Reported value
- $290M
- Holdings
- 46
- Top 10 weight
- 60.81%
- New
- 21
- Sold out
- 6
Largest buys vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| MICROCHIP TECHNOLOGY INC.new | +6,930,000 | $8.31M |
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 |
|---|---|---|
| QQQexited | -28,000 | -$5.02M |
| AAPLexited | -26,200 | -$4.96M |
| ALGNexited | -3,900 | -$1.1M |
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, Q2 2019
Share positions as resolved from 13F-HR/A 0001343231-19-000016, largest first. % of portfolio is the value over $290,462,000, the sum of the share positions whose value is usable for ratios (method).
| Security | History | Shares | Value | % of portfolio | Change | Latest event | Timeline |
|---|---|---|---|---|---|---|---|
| MICROCHIP TECHNOLOGY INC.MICROCHIP TECHNOLOGY INC. | 6,930,000 | $8.31M | 2.86% | new | |||
| SPYSTATE STR SPDR S&P 500 ETF T | 17,800 | $5.21M | 1.79% | 0 | Timeline |
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 |
|---|---|---|---|---|
| SERVICENOW INCSERVICENOW INC NOTE 6/0 | principal | 15,000,000 | $31.3M | new |
| PRICELINE GRP INCPRICELINE GRP INC NOTE 0.350% 6/1 | principal | 17,500,000 | $25.1M | new |
| WORKDAY INCWORKDAY INC NOTE 1.500% 7/1 | principal | 9,000,000 | $22.9M | new |
| HERBALIFE LTDHERBALIFE LTD NOTE 2.000% 8/1 | principal | 19,650,000 | $20.4M | +19,200,000 |
| TRIP COM GROUP LTDTRIP COM GROUP LTD DBCV 1.250% 9/1 | principal | 16,800,000 | $16.8M | 0 |
| INSULET CORPINSULET CORP NOTE 1.250% 9/1 | principal | 8,000,000 | $16.5M | new |
| COLONY STARWOOD HOMESCOLONY STARWOOD HOMES NOTE 3.500% 1/1 | principal | 10,500,000 | $12.8M | +4,000,000 |
| TWITTER INCTWITTER INC NOTE 0.250% 6/1 | principal | 12,000,000 | $11.7M | new |
| NICE SYS INCNICE SYS INC BOND | principal | 6,000,000 | $10.2M | new |
| HUBSPOT INCHUBSPOT INC NOTE 0.250% 6/0 | principal | 4,865,000 | $9.08M | new |
| NXP SEMICONDUCTORS N VNXP SEMICONDUCTORS N V NOTE 1.000%12/0 | principal | 7,500,000 | $8.02M | +500,000 |
| ARES CAPITAL CORPARES CAPITAL CORP NOTE 4.625% 3/0 | principal | 7,000,000 | $7.23M | 0 |
| LIBERTY MEDIA CORP DELLIBERTY MEDIA CORP DEL NOTE 1.375%10/1 | principal | 6,200,000 | $6.92M | 0 |
| TESLA INCTESLA INC NOTE 2.000% 5/1 | principal | 6,600,000 | $6.46M | new |
| LIVE NATION ENTERTAINMENT INLIVE NATION ENTERTAINMENT IN NOTE 2.500% 3/1 | principal | 5,200,000 | $6.13M | -420,000 |
| COUPA SOFTWARE INCCOUPA SOFTWARE INC NOTE 0.375% 1/1 | principal | 2,000,000 | $5.76M | new |
| ZILLOW GROUP INCZILLOW GROUP INC NOTE 2.000%12/0 | principal | 5,050,000 | $5.71M | 0 |
| JAZZ INVESTMENTS I LTDJAZZ INVESTMENTS I LTD NOTE 1.875% 8/1 | principal | 5,500,000 | $5.61M | +2,000,000 |
| CHENIERE ENERGY INCCHENIERE ENERGY INC NOTE 4.250% 3/1 | principal | 6,250,000 | $4.9M | 0 |
| NUTANIX INCNUTANIX INC NOTE 1/1 | principal | 4,600,000 | $4.29M | +500,000 |
| J2 GLOBAL INCJ2 GLOBAL INC NOTE 3.250% 6/1 | principal | 2,550,000 | $3.53M | +2,000,000 |
| ENVESTNET INCENVESTNET INC NOTE 1.75012/1 | principal | 3,000,000 | $3.43M | new |
| RESTORATION HARDWARE HLDGS IRESTORATION HARDWARE HLDGS I DBCV 7/1 | principal | 2,500,000 | $2.86M | new |
| WRIGHT MED GROUP N VWRIGHT MED GROUP N V NOTE 2.250%11/1 | principal | 1,850,000 | $2.74M | new |
| LIGAND PHARMACEUTICALS INCLIGAND PHARMACEUTICALS INC NOTE 0.750% 5/1 | principal | 3,100,000 | $2.67M | new |
| AEROJET ROCKETDYNE HLDGS INCAEROJET ROCKETDYNE HLDGS INC NOTE 2.250%12/1 | principal | 1,500,000 | $2.65M | new |
| LIBERTY MEDIA CORPLIBERTY MEDIA CORP DEB 3.500% 1/1 | principal | 2,500,000 | $2.21M | new |
| WORKDAY INCWORKDAY INC NOTE 0.250%10/0 | principal | 1,300,000 | $1.96M | -9,150,000 |
| ETSY INCETSY INC NOTE 3/0 | principal | 1,000,000 | $1.81M | new |
| DEXCOM INCDEXCOM INC NOTE 0.750% 5/1 | principal | 1,000,000 | $1.59M | new |
| REALPAGE INCREALPAGE INC NOTE | principal | 1,000,000 | $1.49M | new |
| PRICELINE GRP INCPRICELINE GRP INC NOTE 0.900% 9/1 | principal | 1,100,000 | $1.26M | 0 |
| SILICON LABORATORIES INCSILICON LABORATORIES INC NOTE 1.375% 3/0 | principal | 1,000,000 | $1.24M | 0 |
| BLOCK INCBLOCK INC NOTE 0.500% 5/1 | principal | 1,000,000 | $1.19M | new |
| CTRIP COM INTL LTDCTRIP COM INTL LTD DBCV 1.990% 7/0 | principal | 1,050,000 | $1.14M | 0 |
| GUIDEWIRE SOFTWARE INCGUIDEWIRE SOFTWARE INC BOND | principal | 1,000,000 | $1.11M | 0 |
| INTERDIGITAL INCINTERDIGITAL INC NOTE 1.500% 3/0 | principal | 1,000,000 | $1.04M | new |
| INPHI CORPINPHI CORP NOTE 0.750% 9/0 | principal | 900,000 | $1.01M | 0 |
| NUVASIVE INCNUVASIVE INC NOTE 2.250% 3/1 | principal | 800,000 | $902K | 0 |
| NUANCE COMMUNICATIONS INCNUANCE COMMUNICATIONS INC DEBT 1.500%11/0 | principal | 800,000 | $797K | 0 |
| WRIGHT MED GROUP INCWRIGHT MED GROUP INC NOTE 2.000% 2/1 | principal | 700,000 | $763K | 0 |
| ILLUMINA INCILLUMINA INC NOTE 0.500% 6/1 | principal | 500,000 | $759K | 0 |
| ON SEMICONDUCTOR CORPON SEMICONDUCTOR CORP NOTE 1.000%12/0 | principal | 550,000 | $677K | 0 |
| ZENDESK INCZENDESK INC NOTE 0.250% 3/1 | principal | 300,000 | $458K | -300,000 |
Sold out in Q2 2019
Positions in the previous quarter's report that this quarter's report no longer lists.
| Security | Shares before | Value before | Type |
|---|---|---|---|
| ILLUMINA INCILLUMINA INC | 10,500,000 | $12.8M | principal |
| QQQINVESCO QQQ TR | 28,000 | $5.02M | shares |
| AAPLAPPLE INC | 26,200 | $4.96M | shares |
| MICROCHIP TECHNOLOGY INC.MICROCHIP TECHNOLOGY INC. | 4,430,000 | $4.89M | principal |
| RESTORATION HARDWARE HLDGS IRESTORATION HARDWARE HLDGS I | 4,000,000 | $4.05M | principal |
| ALGNALIGN TECHNOLOGY INC | 3,900 | $1.1M | shares |
How Q2 2019 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 0001343231-19-000014 | superseded | 2019-08-01 | acceptance time not in the bulk data set | ||
| 13F-HR/A 0001343231-19-000016 | base | restatement | 2019-09-04 | acceptance time not in the bulk data set |