III Capital Management
Follow13F filer, CIK 1783139, BOCA RATON, FL
III Capital Management reported $1,360,752,097 across 86 holdings for the quarter ended 2024-09-30, in a 13F-HR filed 2024-11-14. Its ten largest share positions make up 69.27% of the portfolio.
Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001783139-24-000006
- Period
- 2024-09-30
- Reported value
- $1.36B
- Holdings
- 86
- Top 10 weight
- 69.27%
- New
- 19
- Sold out
- 52
Largest buys vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| EXPEnew | +33,240 | $4.92M |
| FUNnew | +118,600 | $4.78M |
| NEEadded | +50,000 | $2.78M |
| HRIadded | +11,693 | $1.86M |
| RTOadded | +64,580 | $1.61M |
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 |
|---|---|---|
| IEFexited | -164,492 | -$15.4M |
| WDCreduced | -147,658 | -$10.1M |
| BKLNreduced | -332,217 | -$6.98M |
| NEEreduced | -81,799 | -$6.91M |
| Treduced | -196,959 | -$4.33M |
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 0001783139-24-000006, largest first. % of portfolio is the value over $1,234,366,629, the sum of the share positions whose value is usable for ratios (method).
| Security | History | Shares | Value | % of portfolio | Change | Latest event | Timeline |
|---|---|---|---|---|---|---|---|
| BKLNINVESCO EXCH TRADED FD TR II | 5,585,614 | $117M | 9.51% | -332,217 | Timeline | ||
| NEENEXTERA ENERGY INC | 555,000 | $30.9M | 2.5% | +50,000 | Timeline | ||
| HRIHERC HLDGS INC | 31,760 | $5.06M | 0.41% | +11,693 | Timeline | ||
| RTORENTOKIL INITIAL PLC | 201,015 | $5.01M | 0.41% | +64,580 | Timeline | ||
| EXPEEXPEDIA GROUP INC | 33,240 | $4.92M | 0.4% | new | Timeline | ||
| CRHCRH PLC | 52,267 | $4.85M | 0.39% | +11,751 | Timeline | ||
| FUNSIX FLAGS ENTERTAINMENT CORP | 118,600 | $4.78M | 0.39% | new | Timeline | ||
| WDCWESTERN DIGITAL CORP | 63,650 | $4.35M | 0.35% | -147,658 | Timeline | ||
| BWABORGWARNER INC | 115,334 | $4.19M | 0.34% | +35,032 | Timeline | ||
| OUTFRONT MEDIA INCOUTFRONT MEDIA INC | 225,459 | $4.14M | 0.34% | +17,548 | |||
| VSTSVESTIS CORPORATION | 257,964 | $3.84M | 0.31% | +46,331 | Timeline | ||
| XLPSELECT SECTOR SPDR TR | 32,150 | $2.67M | 0.22% | +9,977 | Timeline | ||
| BYDBOYD GAMING CORP | 38,000 | $2.46M | 0.2% | -15,947 | Timeline | ||
| METAMETA PLATFORMS INC | 3,724 | $2.13M | 0.17% | +1,550 | Timeline | ||
| LANDSEA HOMES CORPLANDSEA HOMES CORP | 151,968 | $1.88M | 0.15% | -31,010 | |||
| CZRCAESARS ENTERTAINMENT INC NE | 39,950 | $1.67M | 0.14% | +21,577 | Timeline | ||
| BRSLBRIGHTSTAR LOTTERY PLC | 67,600 | $1.44M | 0.12% | new | Timeline | ||
| WWAYFAIR INC | 24,600 | $1.38M | 0.11% | new | Timeline | ||
| TAT&T INC | 61,995 | $1.36M | 0.11% | -196,959 | Timeline | ||
| WSMWILLIAMS SONOMA INC | 8,600 | $1.33M | 0.11% | new | Timeline | ||
| GDENGOLDEN ENTMT INC | 41,014 | $1.3M | 0.11% | +21,014 | Timeline | ||
| NCLHNORWEGIAN CRUISE LINE HLDGS | 57,800 | $1.19M | 0.1% | +9,800 | Timeline | ||
| WYNNWYNN RESORTS LTD | 8,942 | $857K | 0.07% | new | Timeline | ||
| KHCKRAFT HEINZ CO | 20,915 | $734K | 0.06% | +6,391 | Timeline | ||
| RCLROYAL CARIBBEAN GROUP | 4,000 | $709K | 0.06% | -3,000 | Timeline | ||
| CHTRCHARTER COMMUNICATIONS INC | 2,000 | $648K | 0.05% | -1,166 | Timeline | ||
| NXSTNEXSTAR MEDIA GROUP INC | 3,000 | $496K | 0.04% | -1,927 | Timeline | ||
| FLUTFLUTTER ENTMT PLC | 2,000 | $475K | 0.04% | new | Timeline | ||
| BELFBBEL FUSE INC | 6,000 | $471K | 0.04% | 0 | Timeline | ||
| NEENEXTERA ENERGY INC | 5,237 | $443K | 0.04% | -81,799 | Timeline | ||
| LBRDKLIBERTY BROADBAND CORP | 5,000 | $386K | 0.03% | new | Timeline | ||
| BURTECH ACQUISITION CORPBURTECH ACQUISITION CORP | 78,321 | $15.7K | <0.01% | -60,938 | |||
| BIGBEAR AI HLDGS INCBIGBEAR AI HLDGS INC | 52,382 | $6.9K | <0.01% | -44,127 | |||
| EON RESOURCES INCEON RESOURCES INC | 85,403 | $5.76K | <0.01% | -6,124 | |||
| BLEUACACIA LTDBLEUACACIA LTD | 175,727 | $5.48K | <0.01% | -8,176 | |||
| SILVERBOX CORP IIISILVERBOX CORP III | 42,964 | $4.75K | <0.01% | -31,700 | |||
| CARTICA ACQUISITION CORPCARTICA ACQUISITION CORP | 25,298 | $3.95K | <0.01% | -21,973 | |||
| OPTXWSYNTEC OPTICS HLDGS INC | 35,840 | $2.6K | <0.01% | -3,346 | Timeline | ||
| DENALI CAPITAL ACQUISITN CORDENALI CAPITAL ACQUISITN COR | 41,184 | $2.27K | <0.01% | 0 | |||
| Aimfinity Investment Corp IAimfinity Investment Corp I | 91,548 | $2.17K | <0.01% | 0 | |||
| BLEUACACIA LTDBLEUACACIA LTD | 91,851 | $1.93K | <0.01% | -100 | |||
| Futuretech II Acquisition C…Futuretech II Acquisition Corp | 72,922 | $1.8K | <0.01% | -300 | |||
| BTMWQBITCOIN DEPOT INC | 26,383 | $1.21K | <0.01% | -48,485 | Timeline | ||
| LibityLibity | 11,448 | $800 | <0.01% | 0 | |||
| CACTUS ACQUISITION CORP 1 L…CACTUS ACQUISITION CORP 1 LTD | 20,684 | $621 | <0.01% | 0 | |||
| PERCEPTION CAPITAL CORP IIIPERCEPTION CAPITAL CORP III | 19,485 | $569 | <0.01% | -900 | |||
| Everest Consolidator Acquis…Everest Consolidator Acquisition … | 15,433 | $436 | <0.01% | -8,200 | |||
| OIOWWOIO GROUP | 47,874 | $411 | <0.01% | -12,900 | Timeline | ||
| SBCWWSBC MED GROUP HLDGS INC | 1,091 | $162 | <0.01% | -48,891 | Timeline | ||
| PINSTRIPES HOLDINGS INCPINSTRIPES HOLDINGS INC | 7,325 | $98 | <0.01% | -13,947 |
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 |
|---|---|---|---|---|
| PCGPG&E CORP Stock | put | 1,418,800 | $28M | 0 |
| LUCID GROUP INCLUCID GROUP INC COM | put | 6,264,800 | $22.1M | -2,076,000 |
| NIONIO INC ADR | put | 2,879,300 | $19.2M | 0 |
| FFORD MTR CO Stock | put | 1,753,100 | $18.5M | 0 |
| BABAALIBABA GROUP HLDG LTD SPONSORED ADS | put | 96,800 | $10.3M | 0 |
| SPIRIT AIRLS INCSPIRIT AIRLS INC COM | put | 3,388,800 | $8.13M | +1,110,000 |
| PRGSPROGRESS SOFTWARE CORP Stock | call | 95,000 | $6.4M | -46,000 |
| BYNDBEYOND MEAT INC COM | put | 876,500 | $5.94M | +651,600 |
| UNITI GROUP INCUNITI GROUP INC COM | put | 682,000 | $3.85M | 0 |
| AGFIRST MAJESTIC SILVER CORP COM | put | 245,800 | $1.47M | -4,200 |
| WYNNWYNN RESORTS LTD COM | call | 15,000 | $1.44M | new |
| CTASCINTAS CORP Stock | call | 5,000 | $1.03M | 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 |
|---|---|---|---|---|
| INSIGHT ENTERPRISES INCINSIGHT ENTERPRISES INC NOTE 0.750% 2/1 | principal | 41,610,000 | $131M | +3,180,000 |
| CYBERARK SOFTWARE LTDCYBERARK SOFTWARE LTD NOTE 11/1 | principal | 69,801,000 | $129M | +14,892,000 |
| BOOKING HOLDINGS INCBOOKING HOLDINGS INC NOTE 0.750% 5/0 | principal | 56,247,000 | $126M | -12,500,000 |
| SPOTIFY USA INCSPOTIFY USA INC NOTE 3/1 | principal | 82,300,000 | $82M | new |
| CHART INDS INCCHART INDS INC NOTE 1.000%11/1 | principal | 31,640,000 | $66.4M | 0 |
| SOUTHERN COSOUTHERN CO NOTE 3.875%12/1 | principal | 59,336,000 | $66.1M | -6,233,000 |
| SEAGATE HDD CAYMANSEAGATE HDD CAYMAN NOTE 3.500% 6/0 | principal | 33,500,000 | $48.1M | new |
| PROGRESS SOFTWARE CORPPROGRESS SOFTWARE CORP NOTE 1.000% 4/1 | principal | 37,429,000 | $46.4M | +5,869,000 |
| INNOVIVA INCINNOVIVA INC NOTE 2.500% 8/1 | principal | 35,836,000 | $43.1M | -133,000 |
| BENTLEY SYSTEMS INCBENTLEY SYSTEMS INC NOTE 0.125% 1/1 | principal | 42,437,000 | $42.6M | new |
| LCI INDSLCI INDS NOTE 1.125% 5/1 | principal | 35,856,000 | $36.4M | -4,000,000 |
| VAIL RESORTS INCVAIL RESORTS INC NOTE 1/0 | principal | 37,630,000 | $35.4M | +4,500,000 |
| ETSY INCETSY INC NOTE 0.125%10/0 | principal | 30,346,000 | $30M | -21,000,000 |
| Dynavax Technologies Corp.Dynavax Technologies Corp. CCB | principal | 24,058,000 | $29.2M | +6,820,000 |
| Shopify IncShopify Inc Convertible bond | principal | 30,000,000 | $28.9M | new |
| BOFA FIN LLCBOFA FIN LLC MTNF 0.600% 5/2 | principal | 19,932,000 | $22.2M | new |
| AKAMAI TECHNOLOGIES INCAKAMAI TECHNOLOGIES INC NOTE 1.125% 2/1 | principal | 17,500,000 | $17.8M | new |
| NIO INCNIO INC NOTE 3.875%10/1 | principal | 7,967,000 | $7.2M | new |
| FIRST MAJESTIC SILVER CORPFIRST MAJESTIC SILVER CORP NOTE 0.375% 1/1 | principal | 7,544,000 | $6.57M | -126,000 |
| BEYOND MEAT INCBEYOND MEAT INC NOTE 3/1 | principal | 37,551,000 | $6.49M | -1,290,000 |
| NIO INCNIO INC NOTE 4.625%10/1 | principal | 7,269,000 | $6.32M | new |
| AKAMAI TECHNOLOGIES INCAKAMAI TECHNOLOGIES INC NOTE 0.375% 9/0 | principal | 5,248,000 | $5.43M | new |
| THE REALREAL INCTHE REALREAL INC CNV | principal | 9,613,000 | $4.43M | -5,820,000 |
| SPIRIT AIRLS INCSPIRIT AIRLS INC NOTE 1.000% 5/1 | principal | 14,041,000 | $4.26M | +2,500,000 |
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 |
|---|---|---|---|
| ROYAL CARIBBEAN GROUPROYAL CARIBBEAN GROUP | 61,148,000 | $198M | principal |
| ATI INCATI INC | 33,913,000 | $122M | principal |
| MIDDLEBY CORPMIDDLEBY CORP | 78,700,000 | $84M | principal |
| LQDISHARES TR | 750,000 | $80.3M | put |
| BLOCK INCBLOCK INC | 72,325,000 | $69.7M | principal |
| ITRON INCITRON INC | 45,000,000 | $45.4M | principal |
| SPYSTATE STR SPDR S&P 500 ETF T | 83,000 | $45.3M | put |
| GUIDEWIRE SOFTWARE INCGUIDEWIRE SOFTWARE INC | 34,166,000 | $42.8M | principal |
| AALAMERICAN AIRLINES GROUP INC | 3,313,900 | $37.5M | put |
| INTERDIGITAL INCINTERDIGITAL INC | 22,777,000 | $35.3M | principal |
| STRIDE INCSTRIDE INC | 22,888,000 | $32.8M | principal |
| DROPBOX INCDROPBOX INC | 35,085,000 | $32M | principal |
| NATIONAL VISION HLDGS INCNATIONAL VISION HLDGS INC | 32,922,000 | $31.7M | principal |
| ENVESTNET INCENVESTNET INC | 31,133,000 | $30.3M | principal |
| BOX INCBOX INC | 20,430,000 | $23.5M | principal |
| HALOZYME THERAPEUTICS INCHALOZYME THERAPEUTICS INC | 23,670,000 | $22.6M | principal |
| POST HLDGS INCPOST HLDGS INC | 17,330,000 | $19.1M | principal |
| IEFISHARES TR | 164,492 | $15.4M | shares |
| WDCWESTERN DIGITAL CORP | 167,800 | $12.7M | call |
| WINNEBAGO INDS INCWINNEBAGO INDS INC | 12,262,000 | $12.6M | principal |
| SNAPSNAP INC | 674,700 | $11.2M | put |
| VENTAS RLTY LTD PARTNERSHIPVENTAS RLTY LTD PARTNERSHIP | 10,500,000 | $11M | principal |
| AKAMAI TECHNOLOGIES INCAKAMAI TECHNOLOGIES INC | 10,000,000 | $10.5M | principal |
| ECHOECHOSTAR CORP | 540,155 | $9.62M | put |
| MICROCHIP TECHNOLOGY INC.MICROCHIP TECHNOLOGY INC. | 9,000,000 | $9.5M | principal |
| XYZBLOCK INC | 145,100 | $9.36M | put |
| PRGSPROGRESS SOFTWARE CORP | 169,700 | $9.21M | put |
| COINCOINBASE GLOBAL INC | 25,000 | $5.56M | put |
| MPMP MATERIALS CORP | 423,400 | $5.39M | put |
| USBUS BANCORP | 100,000 | $3.97M | put |
| ECHOECHOSTAR CORP | 190,279 | $3.39M | shares |
| ASOACADEMY SPORTS & OUTDOORS IN | 38,620 | $2.06M | shares |
| TKOTKO GROUP HOLDINGS INC | 18,473 | $1.99M | shares |
| LWLAMB WESTON HLDGS INC | 18,417 | $1.55M | shares |
| PMTPENNYMAC MTG INVT TR | 100,000 | $1.38M | put |
| AALAMERICAN AIRLINES GROUP INC | 114,700 | $1.3M | shares |
| FFORD MTR CO | 81,021 | $1.02M | shares |
| HHYATT HOTELS CORP | 5,734 | $871K | shares |
| GVAGRANITE CONSTR INC | 13,700 | $849K | shares |
| BYNDBEYOND MEAT INC | 100,000 | $671K | call |
| INTEGRAL AD SCIENCE HLDNG COINTEGRAL AD SCIENCE HLDNG CO | 65,158 | $633K | shares |
| DVDOUBLEVERIFY HLDGS INC | 29,294 | $570K | shares |
| SPIRIT AIRLS INCSPIRIT AIRLS INC | 62,400 | $228K | shares |
| NIONIO INC | 54,253 | $226K | shares |
| NIKOLA CORPNIKOLA CORP | 250,000 | $206K | principal |
| PRGSPROGRESS SOFTWARE CORP | 1,009 | $54.7K | shares |
| LUCID GROUP INCLUCID GROUP INC | 8,461 | $22.1K | shares |
| BOA ACQUISITION CORPBOA ACQUISITION CORP | 144,913 | $1.57K | shares |
| HOLDCO NUVUHOLDCO NUVU | 31,366 | $925 | shares |
| COCHWENVOY MEDICAL INC | 9,734 | $574 | shares |
| PROOF ACQUISITION CORP I WT…PROOF ACQUISITION CORP I WT EX | 23,216 | $400 | shares |
| EFFECTOR THERAPEUTICS INCEFFECTOR THERAPEUTICS INC | 36,579 | $45 | shares |
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 0001783139-24-000006 | base | 2024-11-14 | acceptance time not in the bulk data set |