Ferox Capital Management LP
Follow13F filer, CIK 1343232, London, United Kingdom
Ferox Capital Management LP reported $236,389,000 across 43 holdings for the quarter ended 2019-12-31, in a 13F-HR filed 2020-02-13. Its ten largest share positions make up 67.1% of the portfolio.
Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001343231-20-000005
- Period
- 2019-12-31
- Reported value
- $236M
- Holdings
- 43
- Top 10 weight
- 67.1%
- New
- 5
- Sold out
- 9
Largest buys vs the previous quarter
None.
Largest sells vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| QQQexited | -28,000 | -$5.28M |
| AAPLexited | -16,980 | -$3.79M |
| ALGNexited | -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.
Holdings, Q4 2019
Share positions as resolved from 13F-HR 0001343231-20-000005, largest first. % of portfolio is the value over $236,389,000, 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 | $33.9M | 0 |
| PRICELINE GRP INCPRICELINE GRP INC NOTE 0.350% 6/1 | principal | 19,500,000 | $30.4M | 0 |
| WORKDAY INCWORKDAY INC NOTE 1.500% 7/1 | principal | 9,000,000 | $18.1M | 0 |
| COLONY STARWOOD HOMESCOLONY STARWOOD HOMES NOTE 3.500% 1/1 | principal | 12,500,000 | $16.8M | +500,000 |
| TWITTER INCTWITTER INC NOTE 0.250% 6/1 | principal | 13,500,000 | $13.1M | +3,500,000 |
| NICE SYS INCNICE SYS INC BOND | principal | 6,000,000 | $11.5M | 0 |
| PALO ALTO NETWORKS INCPALO ALTO NETWORKS INC NOTE 0.750% 7/0 | principal | 9,600,000 | $10.6M | -1,900,000 |
| HUBSPOT INCHUBSPOT INC NOTE 0.250% 6/0 | principal | 4,865,000 | $8.43M | 0 |
| SPLUNK INCSPLUNK INC NOTE 0.500% 9/1 | principal | 7,000,000 | $8.4M | -3,300,000 |
| ARES CAPITAL CORPARES CAPITAL CORP NOTE 4.625% 3/0 | principal | 7,000,000 | $7.46M | 0 |
| COUPA SOFTWARE INCCOUPA SOFTWARE INC NOTE 0.375% 1/1 | principal | 2,000,000 | $6.59M | 0 |
| JAZZ INVESTMENTS I LTDJAZZ INVESTMENTS I LTD NOTE 1.875% 8/1 | principal | 6,000,000 | $6.16M | 0 |
| RESTORATION HARDWARE HLDGS IRESTORATION HARDWARE HLDGS I DBCV 7/1 | principal | 3,000,000 | $5.38M | new |
| LIBERTY MEDIA CORP DELLIBERTY MEDIA CORP DEL NOTE 1.375%10/1 | principal | 3,700,000 | $4.94M | -2,000,000 |
| CHENIERE ENERGY INCCHENIERE ENERGY INC NOTE 4.250% 3/1 | principal | 6,250,000 | $4.9M | 0 |
| LIBERTY MEDIA CORPLIBERTY MEDIA CORP DEB 3.500% 1/1 | principal | 5,500,000 | $4.78M | +3,000,000 |
| MICROCHIP TECHNOLOGY INC.MICROCHIP TECHNOLOGY INC. NOTE 1.625% 2/1 | principal | 3,230,000 | $4.63M | -700,000 |
| J2 GLOBAL INCJ2 GLOBAL INC NOTE 3.250% 6/1 | principal | 2,300,000 | $3.35M | -250,000 |
| TERADYNE INCTERADYNE INC NOTE | principal | 1,500,000 | $3.32M | new |
| AEROJET ROCKETDYNE HLDGS INCAEROJET ROCKETDYNE HLDGS INC NOTE 2.250%12/1 | principal | 1,500,000 | $2.71M | 0 |
| TRANSOCEAN INCTRANSOCEAN INC DEB 0.500% 1/3 | principal | 2,500,000 | $2.45M | new |
| DEXCOM INCDEXCOM INC NOTE 0.750% 5/1 | principal | 1,000,000 | $2.2M | 0 |
| WORKDAY INCWORKDAY INC NOTE 0.250%10/0 | principal | 1,500,000 | $1.91M | +200,000 |
| INPHI CORPINPHI CORP NOTE 1.125%12/0 | principal | 1,000,000 | $1.88M | 0 |
| REALPAGE INCREALPAGE INC NOTE | principal | 1,000,000 | $1.39M | 0 |
| PRICELINE GRP INCPRICELINE GRP INC NOTE 0.900% 9/1 | principal | 1,100,000 | $1.28M | 0 |
| LIVE NATION ENTERTAINMENT INLIVE NATION ENTERTAINMENT IN NOTE 2.500% 3/1 | principal | 1,000,000 | $1.22M | +200,000 |
| BLOCK INCBLOCK INC NOTE 0.500% 5/1 | principal | 1,100,000 | $1.22M | -2,900,000 |
| GUIDEWIRE SOFTWARE INCGUIDEWIRE SOFTWARE INC BOND | principal | 1,000,000 | $1.18M | 0 |
| DOCUSIGN INCDOCUSIGN INC NOTE 0.500% 9/1 | principal | 900,000 | $1.12M | new |
| CTRIP COM INTL LTDCTRIP COM INTL LTD DBCV 1.990% 7/0 | principal | 1,050,000 | $1.11M | 0 |
| NUVASIVE INCNUVASIVE INC NOTE 2.250% 3/1 | principal | 800,000 | $1.07M | 0 |
| SILICON LABORATORIES INCSILICON LABORATORIES INC NOTE 1.375% 3/0 | principal | 700,000 | $935K | 0 |
| INPHI CORPINPHI CORP NOTE 0.750% 9/0 | principal | 650,000 | $926K | -250,000 |
| NUANCE COMMUNICATIONS INCNUANCE COMMUNICATIONS INC DEBT 1.500%11/0 | principal | 800,000 | $844K | 0 |
| ON SEMICONDUCTOR CORPON SEMICONDUCTOR CORP NOTE 1.000%12/0 | principal | 550,000 | $750K | 0 |
| WRIGHT MED GROUP N VWRIGHT MED GROUP N V NOTE 2.250%11/1 | principal | 500,000 | $729K | -500,000 |
| ETSY INCETSY INC NOTE 3/0 | principal | 500,000 | $709K | -500,000 |
| WRIGHT MED GROUP INCWRIGHT MED GROUP INC NOTE 2.000% 2/1 | principal | 700,000 | $702K | 0 |
| ILLUMINA INCILLUMINA INC NOTE 0.500% 6/1 | principal | 500,000 | $693K | 0 |
| WIX COM LTDWIX COM LTD NOTE 7/0 | principal | 600,000 | $680K | new |
| NUTANIX INCNUTANIX INC NOTE 1/1 | principal | 300,000 | $297K | 0 |
Sold out in Q4 2019
Positions in the previous quarter's report that this quarter's report no longer lists.
| Security | Shares before | Value before | Type |
|---|---|---|---|
| NXP SEMICONDUCTORS N VNXP SEMICONDUCTORS N V | 12,000,000 | $13M | principal |
| TESLA INCTESLA INC | 7,100,000 | $7.19M | principal |
| ZILLOW GROUP INCZILLOW GROUP INC | 7,050,000 | $7.03M | principal |
| QQQINVESCO QQQ TR | 28,000 | $5.28M | shares |
| FTI CONSULTING INCFTI CONSULTING INC | 3,700,000 | $4.52M | principal |
| AAPLAPPLE INC | 16,980 | $3.79M | shares |
| ENVESTNET INCENVESTNET INC | 2,000,000 | $2.03M | principal |
| ALGNALIGN TECHNOLOGY INC | 3,900 | $697K | shares |
| ZENDESK INCZENDESK INC | 300,000 | $395K | principal |
How Q4 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 0001343231-20-000005 | base | 2020-02-13 | acceptance time not in the bulk data set |