FINDELL CAPITAL MANAGEMENT LLC
Follow13F filer, CIK 1814465, New York, NY
FINDELL CAPITAL MANAGEMENT LLC reported $198,546,858 across 21 holdings for the quarter ended 2024-09-30, in a 13F-HR filed 2024-11-14. Its ten largest share positions make up 80.41% of the portfolio.
Filed (acceptance time not in the bulk data set), ingested 13F-HR 0000921895-24-002708
- Period
- 2024-09-30
- Reported value
- $199M
- Holdings
- 21
- Top 10 weight
- 80.41%
- New
- 6
- Sold out
- 4
Largest buys vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| APLDnew | +1,400,000 | $11.6M |
| NMMnew | +130,000 | $8.14M |
| LQDAadded | +793,539 | $7.94M |
| GRPNnew | +740,000 | $7.24M |
| IBTAnew | +65,000 | $4M |
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 |
|---|---|---|
| VETexited | -630,000 | -$6.94M |
| TDSexited | -300,000 | -$6.22M |
| EXELreduced | -200,000 | -$5.19M |
| VALreduced | -90,000 | -$5.02M |
| ESTAreduced | -83,000 | -$3.59M |
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 2024
Share positions as resolved from 13F-HR 0000921895-24-002708, largest first. % of portfolio is the value over $192,106,458, the sum of the share positions whose value is usable for ratios (method).
| Security | History | Shares | Value | % of portfolio | Change | Latest event | Timeline |
|---|---|---|---|---|---|---|---|
| ESTAESTABLISHMENT LABS HLDGS INC | 1,028,100 | $44.5M | 23.16% | -83,000 | Timeline | ||
| LQDALIQUIDIA CORPORATION | 3,193,539 | $31.9M | 16.62% | +793,539 | Timeline | ||
| APLDAPPLIED DIGITAL CORP | 1,400,000 | $11.6M | 6.01% | new | Timeline | ||
| VALVALARIS LTD | 195,000 | $10.9M | 5.66% | -90,000 | Timeline | ||
| GTMZOOMINFO TECHNOLOGIES INC | 1,000,000 | $10.3M | 5.37% | +150,000 | Timeline | ||
| DAVAENDAVA PLC | 390,000 | $9.96M | 5.18% | +80,000 | Timeline | ||
| OPRTOPORTUN FINL CORP | 3,469,600 | $9.75M | 5.08% | 0 | Timeline | ||
| NENOBLE CORP PLC | 255,000 | $9.22M | 4.8% | -75,000 | Timeline | ||
| NMMNAVIOS MARITIME PARTNERS LP | 130,000 | $8.14M | 4.24% | new | Timeline | ||
| EXELEXELIXIS INC | 300,000 | $7.79M | 4.05% | -200,000 | Timeline | ||
| CCCHEMOURS CO | 360,000 | $7.32M | 3.81% | +60,000 | Timeline | ||
| GRPNGROUPON INC | 740,000 | $7.24M | 3.77% | new | Timeline | ||
| EHTHEHEALTH INC | 1,180,000 | $4.81M | 2.51% | -120,000 | Timeline | ||
| IBTAIBOTTA INC | 65,000 | $4M | 2.08% | new | Timeline | ||
| KLXEKLX ENERGY SERVICES HOLDINGS | 451,500 | $2.47M | 1.29% | -98,500 | Timeline | ||
| NBISNEBIUS GROUP N.V. | 75,000 | $0 | 0% | new | Value filed as zero, left out of ratios. | 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).
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 |
|---|---|---|---|---|
| CUTERA INCCUTERA INC NOTE 4.000% 6/0 | principal | 8,250,000 | $8.25M | 0 |
| THE REALREAL INCTHE REALREAL INC CNV | principal | 2,000,000 | $2M | 0 |
| CUTERA INCCUTERA INC NOTE 2.250% 6/0 | principal | 2,000,000 | $2M | 0 |
Sold out in Q3 2024
Positions in the previous quarter's report that this quarter's report no longer lists.
| Security | Shares before | Value before | Type |
|---|---|---|---|
| VETVERMILION ENERGY INC | 630,000 | $6.94M | shares |
| TDSTELEPHONE & DATA SYS INC | 300,000 | $6.22M | shares |
| LQDALIQUIDIA CORPORATION | 400,000 | $4.8M | call |
| THE REALREAL INCTHE REALREAL INC | 3,000,000 | $3M | principal |
How Q3 2024 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 0000921895-24-002708 | base | 2024-11-14 | acceptance time not in the bulk data set |