P&S Credit Management, L.P.
Follow13F filer, CIK 1484159, New York, NY
P&S Credit Management, L.P. reported $90,936,003 across 22 holdings for the quarter ended 2023-09-30, in a 13F-HR filed 2023-10-19. Its ten largest share positions make up 85.82% of the portfolio.
Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001814554-23-000017
- Period
- 2023-09-30
- Reported value
- $90.9M
- Holdings
- 22
- Top 10 weight
- 85.82%
- New
- 11
- Sold out
- 3
Largest buys vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| SPYnew | +9,136 | $3.91M |
| QQQnew | +8,335 | $2.99M |
| GMnew | +60,000 | $1.98M |
| PBRnew | +90,000 | $1.35M |
| DENBURY INCnew | +13,627 | $1.34M |
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 |
|---|---|---|
| DALexited | -70,000 | -$3.33M |
| TROXreduced | -65,000 | -$874K |
| CNXreduced | -20,000 | -$452K |
| SOUTHWESTERN ENERGY COreduced | -65,000 | -$419K |
| XOMreduced | -3,000 | -$353K |
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 2023
Share positions as resolved from 13F-HR 0001814554-23-000017, largest first. % of portfolio is the value over $22,259,534, the sum of the share positions whose value is usable for ratios (method).
| Security | History | Shares | Value | % of portfolio | Change | Latest event | Timeline |
|---|---|---|---|---|---|---|---|
| SPYSTATE STR SPDR S&P 500 ETF T | 9,136 | $3.91M | 17.55% | new | Timeline | ||
| QQQINVESCO QQQ TR | 8,335 | $2.99M | 13.42% | new | Timeline | ||
| FCXFREEPORT MCMORAN INC | 62,000 | $2.31M | 10.39% | +12,000 | Timeline | ||
| GMGENERAL MTRS CO | 60,000 | $1.98M | 8.89% | new | Timeline | ||
| CLFCLEVELAND-CLIFFS INC NEW | 120,000 | $1.88M | 8.43% | 0 | Timeline | ||
| PBRPETROLEO BRASILEIRO S A | 90,000 | $1.35M | 6.06% | new | Timeline | ||
| DENBURY INCDENBURY INC | 13,627 | $1.34M | 6% | new | |||
| FANGDIAMONDBACK ENERGY INC | 8,000 | $1.24M | 5.57% | -2,000 | Timeline | ||
| SOUTHWESTERN ENERGY COSOUTHWESTERN ENERGY CO | 165,000 | $1.06M | 4.78% | -65,000 | |||
| XOMEXXON MOBIL CORP | 9,000 | $1.06M | 4.75% | -3,000 | Timeline | ||
| ARANTERO RESOURCES CORP | 40,000 | $1.02M | 4.56% | -10,000 | Timeline | ||
| IWMISHARES TR | 5,618 | $993K | 4.46% | new | Timeline | ||
| CNXCNX RES CORP | 30,000 | $677K | 3.04% | -20,000 | Timeline | ||
| TROXTRONOX HOLDINGS PLC | 35,000 | $470K | 2.11% | -65,000 | 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 |
|---|---|---|---|---|
| SPYSTATE STR SPDR S&P 500 ETF T SHS | put | 73,500 | $31.4M | -151,600 |
| IWMISHARES TR SHS | put | 85,000 | $15M | +71,700 |
| TLTISHARES TR 20 YR TR BD ETF | call | 92,500 | $8.2M | new |
| DALDELTA AIR LINES INC Stock | call | 108,700 | $4.02M | new |
| XOPSPDR SERIES TRUST S&P OILGAS EXP | put | 26,600 | $3.93M | +3,100 |
| VALEVALE S A SPONSORED ADS | call | 196,000 | $2.63M | new |
| EWZISHARES INC MSCI BRAZIL ETF | call | 61,000 | $1.87M | new |
| QQQINVESCO QQQ TR COM | put | 4,400 | $1.58M | new |
Sold out in Q3 2023
Positions in the previous quarter's report that this quarter's report no longer lists.
How Q3 2023 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 0001814554-23-000017 | base | 2023-10-19 | acceptance time not in the bulk data set |