Fore Research & Management, LP
Follow13F filer, CIK 1313597, NEW YORK, NY
Fore Research & Management, LP reported $3,997,508,000 across 22 holdings for the quarter ended 2016-03-31, in a 13F-HR filed 2016-05-16. Its ten largest share positions make up 97.77% of the portfolio.
Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001313597-16-000015
- Period
- 2016-03-31
- Reported value
- $4B
- Holdings
- 22
- Top 10 weight
- 97.77%
- New
- 14
- Sold out
- 11
Largest buys vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| GLDadded | +9,353,440 | $1.1B |
| XOMnew | +1,700,000 | $142M |
| DXJnew | +2,872,200 | $126M |
| XLYnew | +450,000 | $35.6M |
| GSnew | +200,000 | $31.4M |
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 |
|---|---|---|
| SPYreduced | -2,250,000 | -$462M |
| AMZNexited | -131,500 | -$88.9M |
| Broadcom Incexited | -290,000 | -$42.1M |
| Vaneck Vectors Gold Miners …exited | -3,000,000 | -$41.2M |
| AAPLexited | -100,000 | -$10.5M |
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, Q1 2016
Share positions as resolved from 13F-HR 0001313597-16-000015, largest first. % of portfolio is the value over $3,997,508,000, the sum of the share positions whose value is usable for ratios (method).
| Security | History | Shares | Value | % of portfolio | Change | Latest event | Timeline |
|---|---|---|---|---|---|---|---|
| GLDSPDR GOLD TR | 14,873,440 | $1.75B | 43.77% | +9,353,440 | Timeline | ||
| SPYSTATE STR SPDR S&P 500 ETF T | 4,800,000 | $986M | 24.68% | -2,250,000 | Timeline | ||
| XOMEXXON MOBIL CORP | 1,700,000 | $142M | 3.55% | new | Timeline | ||
| DXJWISDOMTREE TR | 2,872,200 | $126M | 3.14% | new | Timeline | ||
| XLYSELECT SECTOR SPDR TR | 450,000 | $35.6M | 0.89% | new | Timeline | ||
| GSGOLDMAN SACHS GROUP INC | 200,000 | $31.4M | 0.79% | new | Timeline | ||
| CFRCULLEN FROST BANKERS INC | 391,500 | $21.6M | 0.54% | new | Timeline | ||
| EQIXEQUINIX INC | 60,000 | $19.8M | 0.5% | new | Timeline | ||
| SLVISHARES SILVER TR | 1,000,000 | $14.7M | 0.37% | +400,000 | Timeline | ||
| CMACOMERICA INC | 383,000 | $14.5M | 0.36% | new | Timeline | ||
| PRICELINE GRP INCPRICELINE GRP INC | 10,000 | $12.9M | 0.32% | new | |||
| SPROTT PHYSICAL GOLD SILVERSPROTT PHYSICAL GOLD SILVER | 689,295 | $8.26M | 0.21% | -18,382 | |||
| NGNOVAGOLD RESOURCES INC | 900,000 | $4.54M | 0.11% | new | Timeline | ||
| LIBERTY GLOBAL PLCLIBERTY GLOBAL PLC | 100,000 | $3.85M | 0.1% | new | |||
| PHYSSPROTT ASSET MANAGEMENT LP | 300,000 | $3.04M | 0.08% | 0 | Timeline | ||
| NUVASIVE INCNUVASIVE INC | 54,000 | $2.63M | 0.07% | new | |||
| PSECPROSPECT CAP CORP | 300,000 | $2.18M | 0.05% | new | Timeline | ||
| OVERSEAS SHIPHOLDING GROUP IOVERSEAS SHIPHOLDING GROUP I | 598,692 | $1.12M | 0.03% | new |
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 |
|---|---|---|---|---|
| LIBERTY INTERACTIVE LLCLIBERTY INTERACTIVE LLC DEB 0.750 3/3 | principal | 295,089,000 | $494M | -12,937,000 |
| CTRIP COM INTL LTDCTRIP COM INTL LTD NOTE 1.250%10/1 | principal | 175,032,000 | $225M | +93,182,000 |
| VIPSHOP HLDGS LTDVIPSHOP HLDGS LTD NOTE 1.500% 3/1 | principal | 96,000,000 | $96.8M | -4,000,000 |
| QIMONDA AGQIMONDA AG NOTE 6.750% 3/2 | principal | 10,000,000 | $1.74M | new |
Sold out in Q1 2016
Positions in the previous quarter's report that this quarter's report no longer lists.
| Security | Shares before | Value before | Type |
|---|---|---|---|
| AMZNAMAZON COM INC | 131,500 | $88.9M | shares |
| Broadcom IncBroadcom Inc | 290,000 | $42.1M | shares |
| Vaneck Vectors Gold Miners …Vaneck Vectors Gold Miners ETF | 3,000,000 | $41.2M | shares |
| AAPLAPPLE INC | 100,000 | $10.5M | shares |
| PROSHARES TRPROSHARES TR | 400,000 | $7.97M | shares |
| YPFYPF SOCIEDAD ANONIMA | 450,000 | $7.07M | shares |
| AVKADVENT CONV & INCOME FD | 165,000 | $2.23M | shares |
| PANDORA MEDIA INCPANDORA MEDIA INC | 113,166 | $1.52M | shares |
| CLEAR CHANNEL OUTDOOR HLDGSCLEAR CHANNEL OUTDOOR HLDGS | 121,662 | $680K | shares |
| PENNEY J C INCPENNEY J C INC | 62,226 | $414K | shares |
| CCJCAMECO CORP | 20,000 | $246K | shares |
How Q1 2016 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 0001313597-16-000015 | base | 2016-05-16 | acceptance time not in the bulk data set |