Ferox Capital Management LP
Follow13F filer, CIK 1343232, London, United Kingdom
Ferox Capital Management LP reported $265,588,000 across 47 holdings for the quarter ended 2019-09-30, in a 13F-HR filed 2019-11-13. Its ten largest share positions make up 60.38% of the portfolio.
Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001343231-19-000020
- Period
- 2019-09-30
- Reported value
- $266M
- Holdings
- 47
- Top 10 weight
- 60.38%
- New
- 8
- Sold out
- 7
Largest buys vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| QQQnew | +28,000 | $5.28M |
| AAPLnew | +16,980 | $3.79M |
| ALGNnew | +3,900 | $697K |
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 |
|---|---|---|
| MICROCHIP TECHNOLOGY INC.exited | -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.
Holdings, Q3 2019
Share positions as resolved from 13F-HR 0001343231-19-000020, largest first. % of portfolio is the value over $265,588,000, 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 |
|---|---|---|---|---|
| SERVICENOW INCSERVICENOW INC NOTE 6/0 | principal | 16,000,000 | $30.5M | +1,000,000 |
| PRICELINE GRP INCPRICELINE GRP INC NOTE 0.350% 6/1 | principal | 19,500,000 | $29.4M | +2,000,000 |
| WORKDAY INCWORKDAY INC NOTE 1.500% 7/1 | principal | 9,000,000 | $18.7M | 0 |
| COLONY STARWOOD HOMESCOLONY STARWOOD HOMES NOTE 3.500% 1/1 | principal | 12,000,000 | $16M | +1,500,000 |
| NXP SEMICONDUCTORS N VNXP SEMICONDUCTORS N V NOTE 1.000%12/0 | principal | 12,000,000 | $13M | +4,500,000 |
| PALO ALTO NETWORKS INCPALO ALTO NETWORKS INC NOTE 0.750% 7/0 | principal | 11,500,000 | $12.1M | new |
| SPLUNK INCSPLUNK INC NOTE 0.500% 9/1 | principal | 10,300,000 | $11M | new |
| NICE SYS INCNICE SYS INC BOND | principal | 6,000,000 | $10.7M | 0 |
| TWITTER INCTWITTER INC NOTE 0.250% 6/1 | principal | 10,000,000 | $10.6M | -2,000,000 |
| HUBSPOT INCHUBSPOT INC NOTE 0.250% 6/0 | principal | 4,865,000 | $8.13M | 0 |
| ARES CAPITAL CORPARES CAPITAL CORP NOTE 4.625% 3/0 | principal | 7,000,000 | $7.42M | 0 |
| TESLA INCTESLA INC NOTE 2.000% 5/1 | principal | 7,100,000 | $7.19M | +500,000 |
| ZILLOW GROUP INCZILLOW GROUP INC NOTE 2.000%12/0 | principal | 7,050,000 | $7.03M | +2,000,000 |
| LIBERTY MEDIA CORP DELLIBERTY MEDIA CORP DEL NOTE 1.375%10/1 | principal | 5,700,000 | $6.81M | -500,000 |
| JAZZ INVESTMENTS I LTDJAZZ INVESTMENTS I LTD NOTE 1.875% 8/1 | principal | 6,000,000 | $6.02M | +500,000 |
| COUPA SOFTWARE INCCOUPA SOFTWARE INC NOTE 0.375% 1/1 | principal | 2,000,000 | $5.77M | 0 |
| MICROCHIP TECHNOLOGY INC.MICROCHIP TECHNOLOGY INC. NOTE 1.625% 2/1 | principal | 3,930,000 | $5.04M | new |
| CHENIERE ENERGY INCCHENIERE ENERGY INC NOTE 4.250% 3/1 | principal | 6,250,000 | $4.89M | 0 |
| FTI CONSULTING INCFTI CONSULTING INC NOTE 2.000% 8/1 | principal | 3,700,000 | $4.52M | new |
| BLOCK INCBLOCK INC NOTE 0.500% 5/1 | principal | 4,000,000 | $4.46M | +3,000,000 |
| J2 GLOBAL INCJ2 GLOBAL INC NOTE 3.250% 6/1 | principal | 2,550,000 | $3.58M | 0 |
| AEROJET ROCKETDYNE HLDGS INCAEROJET ROCKETDYNE HLDGS INC NOTE 2.250%12/1 | principal | 1,500,000 | $3M | 0 |
| LIBERTY MEDIA CORPLIBERTY MEDIA CORP DEB 3.500% 1/1 | principal | 2,500,000 | $2.29M | 0 |
| ENVESTNET INCENVESTNET INC NOTE 1.75012/1 | principal | 2,000,000 | $2.03M | -1,000,000 |
| WORKDAY INCWORKDAY INC NOTE 0.250%10/0 | principal | 1,300,000 | $1.7M | 0 |
| ETSY INCETSY INC NOTE 3/0 | principal | 1,000,000 | $1.66M | 0 |
| DEXCOM INCDEXCOM INC NOTE 0.750% 5/1 | principal | 1,000,000 | $1.58M | 0 |
| REALPAGE INCREALPAGE INC NOTE | principal | 1,000,000 | $1.57M | 0 |
| INPHI CORPINPHI CORP NOTE 1.125%12/0 | principal | 1,000,000 | $1.56M | new |
| PRICELINE GRP INCPRICELINE GRP INC NOTE 0.900% 9/1 | principal | 1,100,000 | $1.29M | 0 |
| WRIGHT MED GROUP N VWRIGHT MED GROUP N V NOTE 2.250%11/1 | principal | 1,000,000 | $1.17M | -850,000 |
| GUIDEWIRE SOFTWARE INCGUIDEWIRE SOFTWARE INC BOND | principal | 1,000,000 | $1.14M | 0 |
| INPHI CORPINPHI CORP NOTE 0.750% 9/0 | principal | 900,000 | $1.12M | 0 |
| CTRIP COM INTL LTDCTRIP COM INTL LTD DBCV 1.990% 7/0 | principal | 1,050,000 | $1.06M | 0 |
| LIVE NATION ENTERTAINMENT INLIVE NATION ENTERTAINMENT IN NOTE 2.500% 3/1 | principal | 800,000 | $941K | -4,400,000 |
| NUVASIVE INCNUVASIVE INC NOTE 2.250% 3/1 | principal | 800,000 | $941K | 0 |
| SILICON LABORATORIES INCSILICON LABORATORIES INC NOTE 1.375% 3/0 | principal | 700,000 | $914K | -300,000 |
| NUANCE COMMUNICATIONS INCNUANCE COMMUNICATIONS INC DEBT 1.500%11/0 | principal | 800,000 | $801K | 0 |
| WRIGHT MED GROUP INCWRIGHT MED GROUP INC NOTE 2.000% 2/1 | principal | 700,000 | $698K | 0 |
| ILLUMINA INCILLUMINA INC NOTE 0.500% 6/1 | principal | 500,000 | $664K | 0 |
| ON SEMICONDUCTOR CORPON SEMICONDUCTOR CORP NOTE 1.000%12/0 | principal | 550,000 | $643K | 0 |
| ZENDESK INCZENDESK INC NOTE 0.250% 3/1 | principal | 300,000 | $395K | 0 |
| NUTANIX INCNUTANIX INC NOTE 1/1 | principal | 300,000 | $280K | -4,300,000 |
Sold out in Q3 2019
Positions in the previous quarter's report that this quarter's report no longer lists.
| Security | Shares before | Value before | Type |
|---|---|---|---|
| HERBALIFE LTDHERBALIFE LTD | 19,650,000 | $20.4M | principal |
| TRIP COM GROUP LTDTRIP COM GROUP LTD | 16,800,000 | $16.8M | principal |
| INSULET CORPINSULET CORP | 8,000,000 | $16.5M | principal |
| MICROCHIP TECHNOLOGY INC.MICROCHIP TECHNOLOGY INC. | 6,930,000 | $8.31M | shares |
| RESTORATION HARDWARE HLDGS IRESTORATION HARDWARE HLDGS I | 2,500,000 | $2.86M | principal |
| LIGAND PHARMACEUTICALS INCLIGAND PHARMACEUTICALS INC | 3,100,000 | $2.67M | principal |
| INTERDIGITAL INCINTERDIGITAL INC | 1,000,000 | $1.04M | principal |
How Q3 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 0001343231-19-000020 | base | 2019-11-13 | acceptance time not in the bulk data set |