Fore Research & Management, LP
Follow13F filer, CIK 1313597, NEW YORK, NY
Fore Research & Management, LP reported $1,383,084,000 across 21 holdings for the quarter ended 2016-09-30, in a 13F-HR/A filed 2017-02-23. Its ten largest share positions make up 98.61% of the portfolio.
Filed (acceptance time not in the bulk data set), ingested 13F-HR/A 0001313597-17-000005
A NEW HOLDINGS amendment repeated most of the original and was read as a restatement (H3).
- Period
- 2016-09-30
- Reported value
- $1.38B
- Holdings
- 21
- Top 10 weight
- 98.61%
- New
- 11
- Sold out
- 4
Largest buys vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| SLVadded | +2,002,000 | $36.4M |
| WFCnew | +250,000 | $4.71M |
| GDXadded | +100,000 | $2.64M |
| MYLAN NVnew | +50,000 | $1.91M |
| BARRICK GOLD CORPnew | +10,000 | $177K |
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 | -1,400,000 | -$303M |
| GLDreduced | -1,500,000 | -$188M |
| LIBERTY GLOBAL PLCreduced | -110,000 | -$3.76M |
| PSECexited | -300,000 | -$2.35M |
| FIAT CHRYSLER AUTOMOBILES Nexited | -308,000 | -$1.88M |
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 2016
Share positions as resolved from 13F-HR/A 0001313597-17-000005, largest first. % of portfolio is the value over $1,383,084,000, 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 | 5,000,000 | $628M | 45.42% | -1,500,000 | Timeline | ||
| SPYSTATE STR SPDR S&P 500 ETF T | 1,050,000 | $227M | 16.42% | -1,400,000 | Timeline | ||
| SLVISHARES SILVER TR | 3,452,000 | $62.8M | 4.54% | +2,002,000 | Timeline | ||
| GDXVANECK ETF TRUST | 2,300,000 | $60.8M | 4.4% | +100,000 | Timeline | ||
| SPROTT PHYSICAL GOLD SILVERSPROTT PHYSICAL GOLD SILVER | 564,040 | $7.8M | 0.56% | 0 | |||
| LIBERTY GLOBAL PLCLIBERTY GLOBAL PLC | 150,000 | $5.13M | 0.37% | -110,000 | |||
| WFCWELLS FARGO & CO | 250,000 | $4.71M | 0.34% | new | Timeline | ||
| PHYSSPROTT ASSET MANAGEMENT LP | 300,000 | $3.29M | 0.24% | 0 | Timeline | ||
| MYLAN NVMYLAN NV | 50,000 | $1.91M | 0.14% | new | |||
| BARRICK GOLD CORPBARRICK GOLD CORP | 10,000 | $177K | 0.01% | new | |||
| GOLDCORP INC NEWGOLDCORP INC NEW | 10,000 | $165K | 0.01% | new | |||
| NGNOVAGOLD RESOURCES INC | 21,700 | $121K | 0.01% | new | Timeline |
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 |
|---|---|---|---|---|
| CTRIP COM INTL LTDCTRIP COM INTL LTD NOTE 1.250%10/1 | principal | 249,869,000 | $323M | +23,500,000 |
| CTRIP COM INTL LTDCTRIP COM INTL LTD NOTE 1.000% 7/0 | principal | 20,000,000 | $21.8M | +17,500,000 |
| STANDARD PAC CORP 1.250STANDARD PAC CORP 1.250 NOTE 1.250% 8/0 | principal | 14,500,000 | $15.2M | +13,500,000 |
| ADVANCED MICRO DEVICES INCADVANCED MICRO DEVICES INC COM | principal | 9,000,000 | $9.81M | new |
| NAVISTAR INTL CORP NEWNAVISTAR INTL CORP NEW NOTE 4.750 4/1 | principal | 8,000,000 | $7.5M | new |
| KEYW HLDG CORPKEYW HLDG CORP NOTE 2.500 7/1 | principal | 1,000,000 | $973K | new |
| NAVISTAR INTL CORP NEWNAVISTAR INTL CORP NEW NOTE 4.500%10/1 | principal | 1,000,000 | $956K | new |
| TWITTER INCTWITTER INC NOTE 1.000% 9/1 | principal | 1,000,000 | $951K | new |
| MANDIANT INCMANDIANT INC NOTE 1.625% 6/0 | principal | 1,000,000 | $916K | new |
Sold out in Q3 2016
Positions in the previous quarter's report that this quarter's report no longer lists.
| Security | Shares before | Value before | Type |
|---|---|---|---|
| MGIC INVESTMENT CORPMGIC INVESTMENT CORP | 3,000,000 | $3.35M | principal |
| PSECPROSPECT CAP CORP | 300,000 | $2.35M | shares |
| FIAT CHRYSLER AUTOMOBILES NFIAT CHRYSLER AUTOMOBILES N | 308,000 | $1.88M | shares |
| AEGERION PHARMACEUTICALS INCAEGERION PHARMACEUTICALS INC | 1,134,000 | $657K | principal |
How Q3 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 0001313597-16-000019 | superseded | 2016-11-14 | acceptance time not in the bulk data set | ||
| 13F-HR/A 0001313597-17-000005 | base | new holdings | 2017-02-23 | acceptance time not in the bulk data set |