Merchants' Gate Capital LP
Follow13F filer, CIK 1425160, New York, NY
Merchants' Gate Capital LP reported $1,268,209,000 across 34 holdings for the quarter ended 2014-09-30, in a 13F-HR filed 2014-11-14. Its ten largest share positions make up 71.37% of the portfolio.
Filed (acceptance time not in the bulk data set), ingested 13F-HR 0000950142-14-002231
- Period
- 2014-09-30
- Reported value
- $1.27B
- Holdings
- 34
- Top 10 weight
- 71.37%
- New
- 16
- Sold out
- 15
Largest buys vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| APDadded | +223,314 | $29.1M |
| Vadded | +131,634 | $28.1M |
| RRCnew | +402,428 | $27.3M |
| LENnew | +644,915 | $25M |
| BURLnew | +545,270 | $21.7M |
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 |
|---|---|---|
| HDreduced | -984,917 | -$90.4M |
| FLEETCOR TECHNOLOGIES INCexited | -335,852 | -$44.3M |
| SBHexited | -1,596,500 | -$40M |
| DLTRreduced | -703,052 | -$39.4M |
| AMZNexited | -100,579 | -$32.7M |
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 2014
Share positions as resolved from 13F-HR 0000950142-14-002231, largest first. % of portfolio is the value over $908,251,000, the sum of the share positions whose value is usable for ratios (method).
| Security | History | Shares | Value | % of portfolio | Change | Latest event | Timeline |
|---|---|---|---|---|---|---|---|
| WMBWILLIAMS COS INC | 1,827,021 | $101M | 11.13% | +116,753 | Timeline | ||
| CTRIP COM INTL LTDCTRIP COM INTL LTD | 1,373,515 | $78M | 8.58% | +97,875 | |||
| GPREGREEN PLAINS INC | 1,958,926 | $73.2M | 8.06% | -392,046 | Timeline | ||
| OIIOCEANEERING INTL INC | 1,051,000 | $68.5M | 7.54% | +20,113 | Timeline | ||
| MONSANTO CO NEWMONSANTO CO NEW | 578,183 | $65.1M | 7.16% | -100,595 | |||
| NVRNVR INC | 54,346 | $61.4M | 6.76% | -5,995 | Timeline | ||
| HOUSANYWHERE REAL ESTATE INC | 1,478,378 | $55M | 6.06% | -332,282 | Timeline | ||
| APDAIR PRODUCTS AND CHEMICALS I | 399,749 | $52M | 5.73% | +223,314 | Timeline | ||
| ROSTROSS STORES INC | 668,444 | $50.5M | 5.56% | -336,819 | Timeline | ||
| HDHOME DEPOT INC | 473,244 | $43.4M | 4.78% | -984,917 | Timeline | ||
| VVISA INC | 195,273 | $41.7M | 4.59% | +131,634 | Timeline | ||
| DLTRDOLLAR TREE INC | 574,927 | $32.2M | 3.55% | -703,052 | Timeline | ||
| RRCRANGE RES CORP | 402,428 | $27.3M | 3% | new | Timeline | ||
| LENLENNAR CORP | 644,915 | $25M | 2.76% | new | Timeline | ||
| BURLBURLINGTON STORES INC | 545,270 | $21.7M | 2.39% | new | Timeline | ||
| LOWLOWES COS INC | 406,983 | $21.5M | 2.37% | -30,672 | Timeline | ||
| ANADARKO PETROLEUM CORPANADARKO PETROLEUM CORP | 210,969 | $21.4M | 2.36% | new | |||
| PSXPHILLIPS 66 | 252,813 | $20.6M | 2.26% | +87,188 | Timeline | ||
| CLIFFS NATURAL RESOURCESCLIFFS NATURAL RESOURCES | 1,300,000 | $13.5M | 1.49% | new | |||
| SBUXSTARBUCKS CORP | 166,504 | $12.6M | 1.38% | new | Timeline | ||
| BUDANHEUSER BUSCH INBEV SA NV | 92,042 | $10.2M | 1.12% | new | Timeline | ||
| MMYTMAKEMYTRIP LIMITED MAURITIUS | 311,323 | $8.66M | 0.95% | new | Timeline | ||
| SIGSIGNET JEWELERS LTD | 20,000 | $2.28M | 0.25% | new | Timeline | ||
| HEHAWAIIAN ELEC INDS INC MTN B | 50,000 | $1.33M | 0.15% | 0 | Timeline |
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 |
|---|---|---|---|---|
| HOUSANYWHERE REAL ESTATE INC Common Stock | call | 1,855,000 | $69M | +601,000 |
| ROSTROSS STORES INC Stock | call | 750,000 | $56.7M | new |
| HALHALLIBURTON CO Stock | call | 800,000 | $51.6M | +140,000 |
| SLBSLB LIMITED COM | call | 500,000 | $50.8M | new |
| XLUSELECT SECTOR SPDR TR SHS | put | 1,000,000 | $42.1M | new |
| COPCONOCOPHILLIPS COM | put | 500,000 | $38.3M | new |
| KOCOCA COLA CO COM | put | 500,000 | $21.3M | new |
| DLTRDOLLAR TREE INC Stock | call | 200,800 | $11.3M | 0 |
| WHOLE FOODS MKT INCWHOLE FOODS MKT INC COM | put | 250,000 | $9.53M | new |
| GPREGREEN PLAINS INC COM | call | 250,000 | $9.35M | new |
Sold out in Q3 2014
Positions in the previous quarter's report that this quarter's report no longer lists.
| Security | Shares before | Value before | Type |
|---|---|---|---|
| FLEETCOR TECHNOLOGIES INCFLEETCOR TECHNOLOGIES INC | 335,852 | $44.3M | shares |
| WMBWILLIAMS COS INC | 750,000 | $43.7M | call |
| HDHOME DEPOT INC | 502,600 | $40.7M | call |
| SBHSALLY BEAUTY HLDGS INC | 1,596,500 | $40M | shares |
| ADMARCHER DANIELS MIDLAND CO | 750,000 | $33.1M | put |
| AMZNAMAZON COM INC | 100,579 | $32.7M | shares |
| APDAIR PRODUCTS AND CHEMICALS I | 250,000 | $32.2M | call |
| MICHAEL KORS HLDGS LTDMICHAEL KORS HLDGS LTD | 342,099 | $30.3M | shares |
| WHOLE FOODS MKT INCWHOLE FOODS MKT INC | 700,000 | $27M | call |
| MONSANTO CO NEWMONSANTO CO NEW | 200,000 | $24.9M | call |
| HALHALLIBURTON CO | 159,549 | $11.3M | shares |
| MICHAEL KORS HLDGS LTDMICHAEL KORS HLDGS LTD | 100,000 | $8.87M | call |
| ALBERTSONS CO SHS CL A CLAS…ALBERTSONS CO SHS CL A CLASS CLAS… | 2,000,000 | $7.3M | call |
| LLFLQLUMBER LIQUIDATORS HOLDINGS | 50,332 | $3.82M | shares |
| Coupons Com IncCoupons Com Inc | 10,000 | $263K | shares |
How Q3 2014 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 0000950142-14-002231 | base | 2014-11-14 | acceptance time not in the bulk data set |