Forty4 Asset Management LLC
Follow13F filer, CIK 1561322, CHICAGO, IL
Forty4 Asset Management LLC reported $313,276,000 across 203 holdings for the quarter ended 2013-12-31, in a 13F-HR/A filed 2014-03-18. Its ten largest share positions make up 72.53% of the portfolio.
Filed (acceptance time not in the bulk data set), ingested 13F-HR/A 0001085146-14-000778
- Period
- 2013-12-31
- Reported value
- $313M
- Holdings
- 203
- Top 10 weight
- 72.53%
- New
- 103
- Sold out
- 179
Largest buys vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| TLTadded | +286,200 | $29.2M |
| SPROTT PHYSICAL GOLD SILVERadded | +1,483,622 | $19.7M |
| SPYadded | +106,370 | $19.6M |
| XLEadded | +148,400 | $13.1M |
| CRMnew | +117,600 | $6.49M |
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 |
|---|---|---|
| CENTRAL GOLDTRUSTreduced | -205,516 | -$8.53M |
| MSexited | -281,200 | -$7.58M |
| IWMreduced | -65,000 | -$7.5M |
| MARKET VECTORS ETF TRreduced | -242,558 | -$6.96M |
| Creduced | -113,700 | -$5.93M |
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.
Back to all 76 share positions
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 |
|---|---|---|---|---|
| PENNEY J C INCPENNEY J C INC COM | put | 2,821,500 | $6.52M | +1,602,600 |
| ALPHA NATURAL RESOURCES INCALPHA NATURAL RESOURCES INC COM | put | 4,676,000 | $3.16M | +2,399,100 |
| ALCOA INCALCOA INC COM | call | 818,100 | $2.17M | -729,100 |
| ALPHA NATURAL RESOURCES INCALPHA NATURAL RESOURCES INC COM | call | 1,297,300 | $1.78M | +14,100 |
| ORCLORACLE CORP COM | call | 300,000 | $1.29M | new |
| Vaneck Vectors Gold Miners …Vaneck Vectors Gold Miners ETF COM | put | 235,900 | $963K | -451,100 |
| SPYSTATE STR SPDR S&P 500 ETF T SHS | call | 454,000 | $943K | +404,000 |
| TLTISHARES TR 20 YR TR BD ETF | put | 605,900 | $933K | +321,500 |
| Walter Energy IncWalter Energy Inc COM | put | 245,200 | $776K | new |
| SPYSTATE STR SPDR S&P 500 ETF T SHS | put | 560,900 | $664K | +404,400 |
| ALBERTSONS CO SHS CL A CLAS…ALBERTSONS CO SHS CL A CLASS CLAS… COM | put | 1,559,300 | $663K | +1,007,200 |
| CSCOCISCO SYS INC COM | call | 221,000 | $611K | new |
| PBRPETROLEO BRASILEIRO S A SPONSORED ADR | put | 526,900 | $528K | +42,800 |
| UNITED STATES OIL FUND LPUNITED STATES OIL FUND LP UNITS | put | 974,900 | $483K | +668,900 |
| Walter Energy IncWalter Energy Inc COM | call | 100,100 | $447K | new |
| UNITED STATES OIL FUND LPUNITED STATES OIL FUND LP UNITS | call | 864,800 | $370K | +562,200 |
| XOMEXXON MOBIL CORP COM | call | 54,500 | $353K | new |
| AAPLAPPLE INC COM | put | 32,700 | $311K | new |
| WFCWELLS FARGO & CO COM | call | 100,000 | $270K | new |
| BACBANK OF AMER CORP COM | call | 233,300 | $260K | -50,000 |
| KRAFT FOODS GROUP INCKRAFT FOODS GROUP INC COM | put | 278,600 | $202K | new |
| ALBERTSONS CO SHS CL A CLAS…ALBERTSONS CO SHS CL A CLASS CLAS… COM | call | 275,500 | $200K | +237,200 |
| ARCELORMITTAL FUNSPONSORED …ARCELORMITTAL FUNSPONSORED ADR 1 … COM | call | 35,700 | $186K | 0 |
| MSMORGAN STANLEY COM | call | 52,700 | $185K | 0 |
| PENNEY J C INCPENNEY J C INC COM | call | 577,800 | $175K | +120,000 |
| VALEVALE S A SPONSORED ADS | call | 480,000 | $161K | new |
| JAMES RIVER COAL COJAMES RIVER COAL CO COM | put | 101,900 | $140K | 0 |
| PBRPETROLEO BRASILEIRO S A SPONSORED ADR | call | 432,300 | $135K | +308,300 |
| KSSKOHLS CORP COM | call | 26,500 | $134K | +3,500 |
| RYLAND GROUP INCRYLAND GROUP INC COM | put | 65,200 | $130K | -62,700 |
| CCITIGROUP INC COM | put | 350,000 | $119K | -42,800 |
| TATA MTRS LTDTATA MTRS LTD SPONSORED ADR | put | 56,800 | $119K | new |
| AMERICAN CAPITAL AGENCY CORPAMERICAN CAPITAL AGENCY CORP COMMON STOCK | put | 80,800 | $100K | -6,500 |
| KMIKINDER MORGAN INC DEL Stock | put | 51,400 | $81K | 0 |
| NEMNEWMONT CORP COM | put | 34,700 | $79K | new |
| FRONTLINE LTDFRONTLINE LTD COM | call | 100,000 | $78K | new |
| FNVFRANCO NEV CORP Stock | put | 25,200 | $77K | new |
| COMSTOCK RESOURCES INCCOMSTOCK RESOURCES INC COM | put | 89,300 | $75K | new |
| COACH INCCOACH INC COM | put | 75,000 | $71K | new |
| NORTHSTAR RLTY FIN CORPNORTHSTAR RLTY FIN CORP COM | call | 50,000 | $71K | new |
| UNITED STATES STL CORP NEWUNITED STATES STL CORP NEW COM | call | 11,100 | $67K | 0 |
| XLFSELECT SECTOR SPDR TR SHS | put | 260,700 | $55K | new |
| MSIMOTOROLA SOLUTIONS INC Stock | call | 5,500 | $55K | 0 |
| TAT&T INC COM | put | 84,000 | $54K | new |
| AEMAGNICO EAGLE MINES LTD Stock | put | 45,700 | $53K | new |
| PMPHILIP MORRIS INTL INC COM | put | 26,400 | $52K | new |
| HEWLETT PACKARD COHEWLETT PACKARD CO COM | call | 26,000 | $52K | new |
| INTCINTEL CORP COM | call | 35,000 | $50K | new |
| DENBURY RES INCDENBURY RES INC COM NEW | put | 25,900 | $50K | -157,100 |
| ENERPLUS CORPENERPLUS CORP COM | put | 45,600 | $49K | new |
| MUMICRON TECHNOLOGY INC COM | call | 10,000 | $48K | new |
| TATA MTRS LTDTATA MTRS LTD SPONSORED ADR | call | 20,000 | $48K | new |
| WFCWELLS FARGO & CO COM | put | 100,000 | $45K | new |
| JKSJINKOSOLAR HLDG CO LTD SPONSORED ADR | put | 31,800 | $41K | -117,900 |
| AVON PRODS INCAVON PRODS INC COM | put | 30,000 | $41K | new |
| AMATAPPLIED MATLS INC COM | put | 75,000 | $40K | new |
| VALEVALE S A SPONSORED ADS | put | 50,000 | $39K | +24,900 |
| RIGTRANSOCEAN LTD Stock | call | 40,000 | $39K | new |
| CSCOCISCO SYS INC COM | put | 216,100 | $38K | new |
| FITBFIFTH THIRD BANCORP Stock | call | 31,300 | $34K | new |
| BB & T CORPBB & T CORP COM | put | 40,000 | $32K | new |
| ALCOA INCALCOA INC COM | put | 1,208,900 | $31K | -371,900 |
| AMERICAN RAILCAR INDUSTRIESAMERICAN RAILCAR INDUSTRIES COMMON STOCK | put | 29,000 | $30K | new |
| AMERICAN RAILCAR INDUSTRIESAMERICAN RAILCAR INDUSTRIES COMMON STOCK | call | 9,600 | $30K | new |
| HEWLETT PACKARD COHEWLETT PACKARD CO COM | put | 25,900 | $26K | new |
| DRIDARDEN RESTAURANTS INC Stock | call | 20,000 | $25K | 0 |
| IVZINVESCO LTD Stock | put | 19,500 | $24K | new |
| MARKET VECTORS ETF TRMARKET VECTORS ETF TR RUSSIA ETF | put | 914,500 | $24K | -167,700 |
| MSMORGAN STANLEY COM | put | 870,600 | $22K | -349,700 |
| TLTISHARES TR 20 YR TR BD ETF | call | 278,000 | $21K | +108,000 |
| YAMANA GOLD INCYAMANA GOLD INC COM | put | 40,200 | $21K | -37,500 |
| AEMAGNICO EAGLE MINES LTD Stock | call | 14,200 | $19K | new |
| ARIAD PHARMACEUTICALS INCARIAD PHARMACEUTICALS INC COM | call | 56,500 | $19K | new |
| EEMISHARES TR MSCI EMG MKT ETF | put | 102,800 | $17K | -97,200 |
| OXYOCCIDENTAL PETE CORP COM | put | 20,000 | $17K | 0 |
| DRIDARDEN RESTAURANTS INC Stock | put | 122,800 | $17K | +16,700 |
| ALON USA ENERGY INCALON USA ENERGY INC COM | put | 23,000 | $17K | -21,400 |
| AMATAPPLIED MATLS INC COM | call | 77,500 | $16K | new |
| TAT&T INC COM | call | 41,700 | $15K | new |
| DXJWISDOMTREE TR JAPN HEDGE EQT | call | 25,000 | $14K | -597,800 |
| RADIOSHACK CORPRADIOSHACK CORP COMMON STOCK | call | 50,000 | $14K | new |
| FXIISHARES TR CHINA LG-CAP ETF | put | 61,200 | $13K | new |
| BCSBARCLAYS PLC ADR | put | 111,100 | $13K | new |
| INTCINTEL CORP COM | put | 35,000 | $12K | new |
| URBNURBAN OUTFITTERS INC COM | call | 11,600 | $12K | new |
| FXIISHARES TR CHINA LG-CAP ETF | call | 11,200 | $11K | new |
| BAXBAXTER INTL INC COM | call | 19,100 | $11K | 0 |
| METAMETA PLATFORMS INC COM | put | 40,000 | $10K | new |
| KSSKOHLS CORP COM | put | 39,100 | $10K | +10,200 |
| ENERPLUS CORPENERPLUS CORP COM | call | 20,200 | $10K | new |
| MARKET VECTORS - COAL ETFMARKET VECTORS - COAL ETF COM | put | 41,000 | $10K | new |
| EFAISHARES TR MSCI EAFE ETF | put | 150,000 | $9K | -185,000 |
| EFAISHARES TR MSCI EAFE ETF | call | 2,200 | $9K | -332,800 |
| DXJWISDOMTREE TR JAPN HEDGE EQT | put | 163,900 | $9K | -484,700 |
| IWMISHARES TR SHS | put | 85,400 | $7K | new |
| AMERICAN CAPITAL AGENCY CORPAMERICAN CAPITAL AGENCY CORP COMMON STOCK | call | 10,900 | $7K | -155,300 |
| COOPER TIRE & RUBR COCOOPER TIRE & RUBR CO COM | put | 35,200 | $7K | new |
| ARCELORMITTAL FUNSPONSORED …ARCELORMITTAL FUNSPONSORED ADR 1 … COM | put | 108,500 | $6K | 0 |
| RYLAND GROUP INCRYLAND GROUP INC COM | call | 900 | $6K | -21,200 |
| FITBFIFTH THIRD BANCORP Stock | put | 16,100 | $4K | new |
| SANDRIDGE ENERGY INCSANDRIDGE ENERGY INC COM | put | 256,900 | $4K | -79,700 |
| BACBANK OF AMER CORP COM | put | 633,300 | $3K | -600,000 |
| DHID R HORTON INC Stock | put | 75,000 | $3K | -421,300 |
| JOY GLOBAL INCJOY GLOBAL INC COM | put | 25,000 | $3K | new |
| MARKET VECTORS - COAL ETFMARKET VECTORS - COAL ETF COM | call | 20,000 | $3K | new |
| XOMEXXON MOBIL CORP COM | put | 15,000 | $2K | new |
| BAXBAXTER INTL INC COM | put | 25,100 | $2K | 0 |
| Dow Chemical CompanyDow Chemical Company COM | put | 36,600 | $2K | 0 |
| ETNEATON CORP PLC COM | put | 11,600 | $1K | -40,000 |
| KMIKINDER MORGAN INC DEL Stock | call | 30,600 | $1K | 0 |
| NDAQNASDAQ INC Stock | put | 43,200 | $1K | -98,800 |
| MSIMOTOROLA SOLUTIONS INC Stock | put | 16,200 | $1K | 0 |
| AUXILIUM PHARMACEUTICALSAUXILIUM PHARMACEUTICALS COMMON STOCK | call | 10,000 | $1K | new |
| PANDORA MEDIA INCPANDORA MEDIA INC COM | put | 50,000 | $1K | 0 |
| MGMMGM RESORTS INTERNATIONAL COM | put | 44,400 | $0 | 0 |
| URBNURBAN OUTFITTERS INC COM | put | 100 | $0 | new |
| Vaneck Vectors Gold Miners …Vaneck Vectors Gold Miners ETF COM | call | 53,800 | $0 | -291,400 |
| L-3 COMMUNICATIONS HLDGS INCL-3 COMMUNICATIONS HLDGS INC COM | put | 12,500 | $0 | 0 |
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 |
|---|---|---|---|---|
| GILEAD SCIENCES INCGILEAD SCIENCES INC CORPORATE OBLIG | principal | 3,015,000 | $9.95M | new |
| D.R. HORTON INCD.R. HORTON INC NOTE | principal | 3,500,000 | $6.04M | 0 |
| EQUINIX INCEQUINIX INC CNV | principal | 2,500,000 | $5.46M | 0 |
| SALESFORCE COM INCSALESFORCE COM INC BOND | principal | 2,104,000 | $5.43M | +604,000 |
| ALPHA NATURAL RESOURCES INCALPHA NATURAL RESOURCES INC NOTE 3.750%12/1 | principal | 2,500,000 | $2.6M | new |
| DRYSHIPS INC.DRYSHIPS INC. NOTE 5.000%12/0 | principal | 2,505,000 | $2.53M | new |
| ANR 4.875 12/20ANR 4.875 12/20 Bond 30/360P2 U | principal | 500,000 | $539K | new |
| TESLA MOTORS INC 1.500TESLA MOTORS INC 1.500 NOTE 1.500% 6/0 | principal | 250,000 | $346K | 0 |
| US STEEL CORPUS STEEL CORP NOTE | principal | 149,000 | $159K | -3,000,000 |
Sold out in Q4 2013
Positions in the previous quarter's report that this quarter's report no longer lists.
The largest 100 of 179. All 179
| Security | Shares before | Value before | Type |
|---|---|---|---|
| MSMORGAN STANLEY | 281,200 | $7.58M | shares |
| MICRON TECHNOLOGY INCMICRON TECHNOLOGY INC | 2,500,000 | $3.17M | principal |
| MPCMARATHON PETE CORP | 48,197 | $3.1M | shares |
| ABBVABBVIE INC | 62,714 | $2.81M | shares |
| DRIDARDEN RESTAURANTS INC | 58,750 | $2.72M | shares |
| EWZISHARES INC | 51,500 | $2.47M | shares |
| EXPRESS SCRIPTS HLDG COEXPRESS SCRIPTS HLDG CO | 39,200 | $2.42M | shares |
| STTSTATE STR CORP | 32,001 | $2.1M | shares |
| EWEDWARDS LIFESCIENCES CORP | 29,982 | $2.09M | shares |
| MOALTRIA GROUP INC | 57,398 | $1.97M | shares |
| BACBANK OF AMER CORP | 115,800 | $1.6M | shares |
| BHPBHP BILLITON LIMITED | 22,602 | $1.5M | shares |
| XHBSPDR SERIES TRUST | 44,200 | $1.35M | shares |
| DHID R HORTON INC | 66,318 | $1.29M | shares |
| CNOOC LIMITEDCNOOC LIMITED | 5,898 | $1.19M | shares |
| GoogleGoogle | 1,200 | $1.05M | shares |
| FCXFREEPORT MCMORAN INC | 31,612 | $1.05M | shares |
| FFORD MTR CO | 61,295 | $1.03M | shares |
| LULULULULEMON ATHLETICA INC | 12,500 | $914K | shares |
| EZCHIP SEMICONDUCTOR LIMITEDEZCHIP SEMICONDUCTOR LIMITED | 33,290 | $820K | shares |
| SWKSTANLEY BLACK & DECKER INC | 9,000 | $815K | shares |
| ALCOA INCALCOA INC | 99,858 | $810K | shares |
| ALPINE TOTAL DYNAMIC DIVID FALPINE TOTAL DYNAMIC DIVID F | 168,976 | $679K | shares |
| CLIFFS NATURAL RESOURCESCLIFFS NATURAL RESOURCES | 32,100 | $658K | shares |
| PSXPHILLIPS 66 | 11,001 | $636K | shares |
| LOWLOWES COS INC | 13,200 | $628K | shares |
| TTWOTAKE-TWO INTERACTIVE SOFTWAR | 33,100 | $601K | shares |
| CHESEPEAKE ENERGY CORPCHESEPEAKE ENERGY CORP | 501,900 | $595K | call |
| WYNDHAM DESTINATIONS INCWYNDHAM DESTINATIONS INC | 9,500 | $579K | shares |
| GENERAL ELEC COGENERAL ELEC CO | 23,625 | $564K | shares |
| GMEGAMESTOP CORP | 10,900 | $542K | shares |
| BBYBEST BUY INC | 14,299 | $536K | shares |
| CYHCOMMUNITY HEALTH SYS INC NEW | 12,800 | $531K | shares |
| MPCMARATHON PETE CORP | 50,800 | $509K | put |
| WILLIAMS PARTNERS L PWILLIAMS PARTNERS L P | 9,498 | $502K | shares |
| APACHE CORPAPACHE CORP | 5,700 | $486K | shares |
| ARCELORMITTAL FUNSPONSORED …ARCELORMITTAL FUNSPONSORED ADR 1 … | 32,150 | $439K | shares |
| LENLENNAR CORP | 12,089 | $428K | shares |
| NGDNEW GOLD INC | 70,500 | $422K | shares |
| CDECOEUR MNG INC | 32,599 | $393K | shares |
| NFLXNETFLIX INC. | 1,200 | $371K | shares |
| ROWAN COMPANIES PLCROWAN COMPANIES PLC | 10,000 | $367K | shares |
| ALPINE GLOBAL DYNAMIC DIVD FALPINE GLOBAL DYNAMIC DIVD F | 76,793 | $366K | shares |
| CHINA UNICOM HONG KONGCHINA UNICOM HONG KONG | 23,601 | $364K | shares |
| TOLTOLL BROTHERS INC | 11,100 | $360K | shares |
| CATAMARAN CORPCATAMARAN CORP | 7,500 | $345K | shares |
| EXCEXELON CORP | 11,100 | $329K | shares |
| PMTPENNYMAC MTG INVT TR | 14,201 | $322K | shares |
| TRVTRAVELERS COMPANIES INC | 3,701 | $314K | shares |
| M.D.C. HOLDINGS INCM.D.C. HOLDINGS INC | 10,300 | $309K | shares |
| WALTER INVT MGMT CORPWALTER INVT MGMT CORP | 7,500 | $297K | shares |
| XBOEXBLACKROCK ENHANCED GLOBAL | 18,801 | $263K | shares |
| REYNOLDS AMERICAN INCREYNOLDS AMERICAN INC | 5,212 | $254K | shares |
| LVSLAS VEGAS SANDS CORP | 3,800 | $252K | shares |
| FAMILY DLR STORES INCFAMILY DLR STORES INC | 3,451 | $249K | shares |
| VALEVALE S A | 15,500 | $242K | shares |
| CLIFFS NATURAL RESOURCESCLIFFS NATURAL RESOURCES | 56,100 | $236K | put |
| GREATER CHINA FD INC COMGREATER CHINA FD INC COM | 18,186 | $207K | shares |
| AGRIUM INCAGRIUM INC | 2,400 | $202K | shares |
| NDAQNASDAQ INC | 73,500 | $194K | call |
| EEMISHARES TR | 87,600 | $186K | call |
| ABBVABBVIE INC | 117,000 | $184K | put |
| LYBLYONDELLBASELL INDUSTRIES NV | 45,000 | $167K | call |
| BAXBAXTER INTL INC | 2,413 | $159K | shares |
| EWEDWARDS LIFESCIENCES CORP | 52,700 | $156K | put |
| NFLXNETFLIX INC. | 9,400 | $144K | put |
| MONSANTO CO NEWMONSANTO CO NEW | 1,318 | $138K | shares |
| MSIMOTOROLA SOLUTIONS INC | 2,300 | $137K | shares |
| EMREMERSON ELEC CO | 2,003 | $130K | shares |
| TOLTOLL BROTHERS INC | 64,900 | $125K | put |
| NINISOURCE INC | 3,910 | $121K | shares |
| BHPBHP BILLITON LIMITED | 72,900 | $120K | put |
| STTSTATE STR CORP | 50,400 | $115K | put |
| APACHE CORPAPACHE CORP | 28,200 | $102K | put |
| CNOOC LIMITEDCNOOC LIMITED | 21,100 | $102K | put |
| KKR & CO LPKKR & CO LP | 4,808 | $99K | shares |
| CDECOEUR MNG INC | 51,300 | $94K | put |
| EXPRESS SCRIPTS HLDG COEXPRESS SCRIPTS HLDG CO | 125,300 | $90K | put |
| PROCERA NETWORKS INCPROCERA NETWORKS INC | 5,800 | $90K | shares |
| FCXFREEPORT MCMORAN INC | 108,700 | $87K | put |
| COMPANHIA DE BEBIDAS DAS AMECOMPANHIA DE BEBIDAS DAS AME | 64,200 | $87K | call |
| SWKSTANLEY BLACK & DECKER INC | 41,700 | $86K | put |
| MOALTRIA GROUP INC | 101,200 | $85K | put |
| LOWLOWES COS INC | 106,000 | $79K | put |
| LENLENNAR CORP | 26,800 | $79K | call |
| FFORD MTR CO | 172,500 | $77K | put |
| BARNES & NOBLE INCBARNES & NOBLE INC | 5,900 | $76K | shares |
| LULULULULEMON ATHLETICA INC | 27,300 | $73K | put |
| NGDNEW GOLD INC | 127,200 | $72K | put |
| COMPANHIA DE BEBIDAS DAS AMECOMPANHIA DE BEBIDAS DAS AME | 119,400 | $64K | put |
| CCITIGROUP INC | 102,400 | $63K | call |
| LENLENNAR CORP | 91,300 | $61K | put |
| TOLTOLL BROTHERS INC | 51,900 | $60K | call |
| GMEGAMESTOP CORP | 32,000 | $60K | put |
| AGCOAGCO CORP | 999 | $60K | shares |
| NFLXNETFLIX INC. | 4,200 | $54K | call |
| CNQCANADIAN NAT RES LTD MED TER | 1,716 | $54K | shares |
| PHMPULTE GROUP INC | 3,200 | $53K | shares |
| SWKSTANLEY BLACK & DECKER INC | 15,200 | $50K | call |
| PowerShares QQQ Trust Unit …PowerShares QQQ Trust Unit Ser | 20,000 | $50K | call |
How Q4 2013 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 0001085146-14-000395 | superseded | 2014-02-11 | acceptance time not in the bulk data set | ||
| 13F-HR/A 0001085146-14-000778 | base | restatement | 2014-03-18 | acceptance time not in the bulk data set |