Firefly Value Partners, LP
Follow13F filer, CIK 1438637, Newtown, PA
Firefly Value Partners, LP reported $652,013,000 across 16 holdings for the quarter ended 2019-09-30, in a 13F-HR filed 2019-11-14. Its ten largest share positions make up 97.98% of the portfolio.
Filed (acceptance time not in the bulk data set), ingested 13F-HR 0000919574-19-006975
- Period
- 2019-09-30
- Reported value
- $652M
- Holdings
- 16
- Top 10 weight
- 97.98%
- New
- 1
- Sold out
- 4
Largest buys vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| Gulfport Energyadded | +4,300,000 | $11.7M |
| EQTadded | +386,000 | $4.11M |
| NOBLE CORP PLCadded | +1,555,000 | $1.97M |
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 |
|---|---|---|
| CCKreduced | -388,540 | -$25.7M |
| DEreduced | -100,421 | -$16.9M |
| WFCreduced | -89,000 | -$4.49M |
| IF BANCORP INCexited | -89,946 | -$1.88M |
| WCFBexited | -205,000 | -$1.68M |
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 0000919574-19-006975, largest first. % of portfolio is the value over $422,779,000, the sum of the share positions whose value is usable for ratios (method).
| Security | History | Shares | Value | % of portfolio | Change | Latest event | Timeline |
|---|---|---|---|---|---|---|---|
| DEDEERE & CO | 381,514 | $64.4M | 15.22% | -100,421 | Timeline | ||
| ASIXADVANSIX INC | 2,470,918 | $63.6M | 15.03% | -9,684 | Timeline | ||
| CCKCROWN HLDGS INC | 941,815 | $62.2M | 14.72% | -388,540 | Timeline | ||
| WFCWELLS FARGO & CO | 1,031,172 | $52M | 12.3% | -89,000 | Timeline | ||
| MTWMANITOWOC CO INC | 3,521,603 | $44M | 10.41% | 0 | Timeline | ||
| Gulfport EnergyGulfport Energy | 15,756,000 | $42.7M | 10.1% | +4,300,000 | |||
| EQTEQT CORP | 3,907,238 | $41.6M | 9.83% | +386,000 | Timeline | ||
| NOBLE CORP PLCNOBLE CORP PLC | 21,696,856 | $27.6M | 6.52% | +1,555,000 | |||
| DHTDHT HOLDINGS INC | 1,329,156 | $8.17M | 1.93% | 0 | Timeline | ||
| PRUDENTIAL BANCORP INC NEWPRUDENTIAL BANCORP INC NEW | 475,250 | $8.08M | 1.91% | 0 | |||
| AMERICAN RIVER BANKSHRS (CA)AMERICAN RIVER BANKSHRS (CA) | 313,203 | $4.32M | 1.02% | 0 | |||
| HFBLHOME FED BANCORP INC LA NEW | 65,471 | $2.14M | 0.51% | 0 | Timeline | ||
| BIG 5 SPORTING GOODS CORPBIG 5 SPORTING GOODS CORP | 1,000,000 | $2.08M | 0.49% | 0 |
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).
| Security | Type | Amount | Value | Change |
|---|---|---|---|---|
| TSLATESLA INC COM | put | 723,700 | $174M | -360,000 |
| SOXXISHARES TR COM | put | 246,100 | $52M | 0 |
| DIREXION DAILY ENERGY BEAR …DIREXION DAILY ENERGY BEAR 2X SHA… ETF | put | 60,000 | $2.89M | new |
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 |
|---|---|---|---|
| AMDADVANCED MICRO DEVICES INC | 1,057,000 | $32.1M | put |
| Gulfport EnergyGulfport Energy | 2,600,000 | $12.8M | call |
| IF BANCORP INCIF BANCORP INC | 89,946 | $1.88M | shares |
| WCFBWCF BANCORP INC COM STK (IA) | 205,000 | $1.68M | shares |
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 0000919574-19-006975 | base | 2019-11-14 | acceptance time not in the bulk data set |