Pomelo Capital LLC
Follow13F filer, CIK 1565772, NEW YORK, NY
Pomelo Capital LLC reported $2,227,669,000 across 150 holdings for the quarter ended 2016-12-31, in a 13F-HR filed 2017-02-14. Its ten largest share positions make up 52.18% of the portfolio.
Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001565772-17-000001
- Period
- 2016-12-31
- Reported value
- $2.23B
- Holdings
- 150
- Top 10 weight
- 52.18%
- New
- 11
- Sold out
- 13
Largest buys vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| TSLAnew | +14,250 | $3.04M |
| SEADRILL ORDadded | +177,765 | $606K |
| THCnew | +25,000 | $371K |
| WEATHERFORD INTL INC ORD SHSadded | +55,000 | $274K |
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 |
|---|---|---|
| PGexited | -178,244 | -$16M |
| UALexited | -131,000 | -$6.87M |
| AALreduced | -129,800 | -$6.06M |
| VALEANT PHARMACEUTICALS INTLreduced | -284,900 | -$4.14M |
| MGMexited | -75,000 | -$1.95M |
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, Q4 2016
Share positions as resolved from 13F-HR 0001565772-17-000001, largest first. % of portfolio is the value over $347,304,000, the sum of the share positions whose value is usable for ratios (method).
| Security | History | Shares | Value | % of portfolio | Change | Latest event | Timeline |
|---|---|---|---|---|---|---|---|
| VALEANT PHARMACEUTICALS INTLVALEANT PHARMACEUTICALS INTL | 440,000 | $6.39M | 1.84% | -284,900 | |||
| SEADRILL ORDSEADRILL ORD | 1,676,823 | $5.72M | 1.65% | +177,765 | |||
| AALAMERICAN AIRLINES GROUP INC | 95,000 | $4.44M | 1.28% | -129,800 | Timeline | ||
| TSLATESLA INC | 14,250 | $3.04M | 0.88% | new | Timeline | ||
| YY INC. ADRYY INC. ADR | 60,000 | $2.37M | 0.68% | 0 | |||
| WEATHERFORD INTL INC ORD SHSWEATHERFORD INTL INC ORD SHS | 470,000 | $2.35M | 0.68% | +55,000 | |||
| KBHKB HOME | 132,019 | $2.09M | 0.6% | 0 | Timeline | ||
| GMGENERAL MTRS CO | 59,787 | $2.08M | 0.6% | -40,000 | Timeline | ||
| CHESEPEAKE ENERGY CORPCHESEPEAKE ENERGY CORP | 260,000 | $1.82M | 0.53% | -40,000 | |||
| CIT GROUP INC COM NEWCIT GROUP INC COM NEW | 40,000 | $1.71M | 0.49% | -15,797 | |||
| COBALT INTL ENERGY INCCOBALT INTL ENERGY INC | 1,267,100 | $1.55M | 0.45% | 0 | |||
| FCXFREEPORT MCMORAN INC | 100,000 | $1.32M | 0.38% | 0 | Timeline | ||
| RIGTRANSOCEAN LTD | 75,000 | $1.11M | 0.32% | -123,854 | Timeline | ||
| PHH CORPPHH CORP | 60,400 | $916K | 0.26% | 0 | |||
| NUANCE COMMUNICATIONS INCNUANCE COMMUNICATIONS INC | 50,000 | $745K | 0.21% | 0 | |||
| SANOFISANOFI | 1,400,000 | $532K | 0.15% | 0 | |||
| YRC WORLDWIDE INCYRC WORLDWIDE INC | 40,000 | $531K | 0.15% | 0 | |||
| THCTENET HEALTHCARE CORP | 25,000 | $371K | 0.11% | new | Timeline | ||
| INVENSENSE INCINVENSENSE INC | 25,000 | $320K | 0.09% | -50,000 | |||
| TOLTOLL BROTHERS INC | 10,000 | $310K | 0.09% | 0 | Timeline | ||
| U S G CORPU S G CORP | 8,900 | $257K | 0.07% | -11,100 | |||
| WHITING PETE CORP NEWWHITING PETE CORP NEW | 13,000 | $156K | 0.04% | 0 |
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 |
|---|---|---|---|---|
| TSLATESLA INC COM | put | 804,077 | $185M | +265,977 |
| AALAMERICAN AIRLINES GROUP INC Stock | put | 3,738,400 | $153M | +51,000 |
| NFLXNETFLIX INC. COM | put | 774,800 | $79.2M | 0 |
| UALUNITED AIRLS HLDGS INC Stock | put | 1,275,600 | $76.4M | +4,000 |
| PENNEY J C INCPENNEY J C INC COM | put | 6,561,100 | $72.6M | +5,900 |
| CIT GROUP INC COM NEWCIT GROUP INC COM NEW Stock | put | 2,026,900 | $62.9M | +4,000 |
| NAVISTAR INTERNATIONALNAVISTAR INTERNATIONAL COMMON STOCK | put | 4,412,300 | $55.2M | +185,100 |
| FCXFREEPORT MCMORAN INC Stock | put | 4,987,400 | $51.6M | 0 |
| YY INC. ADRYY INC. ADR SPONSORED ADS A | put | 822,400 | $50.7M | +6,000 |
| BABAALIBABA GROUP HLDG LTD SPONSORED ADS | put | 548,000 | $43.3M | 0 |
| ALLYALLY FINL INC Stock | put | 2,108,100 | $39.5M | 0 |
| METAMETA PLATFORMS INC COM | put | 343,600 | $39.2M | 0 |
| HLFHERBALIFE LTD COM SHS | put | 628,900 | $38.7M | new |
| VEREIT INCVEREIT INC COM | put | 4,114,700 | $36.5M | +111,000 |
| IAC INTERACTIVECORPIAC INTERACTIVECORP COM | put | 736,800 | $34.7M | +1,000 |
| VALEANT PHARMACEUTICALS INTLVALEANT PHARMACEUTICALS INTL COM | put | 1,212,400 | $31.9M | -566,500 |
| CENTURYLINK INCCENTURYLINK INC COM | put | 958,200 | $30.6M | +46,000 |
| NUANCE COMMUNICATIONS INCNUANCE COMMUNICATIONS INC COM | put | 1,592,400 | $29.8M | +6,000 |
| GMGENERAL MTRS CO Stock | put | 940,500 | $29.6M | 0 |
| ICONIX BRAND GROUP INCICONIX BRAND GROUP INC COM | put | 3,495,300 | $28.1M | +944,100 |
| MDLZMONDELEZ INTL INC COM | put | 672,900 | $27M | 0 |
| AERAERCAP HOLDINGS NV Stock | put | 667,800 | $25.9M | +3,500 |
| MGMMGM RESORTS INTERNATIONAL COM | put | 1,196,600 | $25.7M | 0 |
| NBISNEBIUS GROUP N.V. SHS CLASS A | put | 1,567,200 | $24M | +2,000 |
| RESTORATION HARDWARE HLDGS IRESTORATION HARDWARE HLDGS I COM | put | 767,200 | $23.6M | +19,600 |
| STZCONSTELLATION BRANDS INC Stock | put | 143,300 | $21.7M | 0 |
| SINA CORPSINA CORP ORD | put | 484,100 | $21.6M | 0 |
| UAAUNDER ARMOUR INC CL A | put | 485,700 | $21.3M | 0 |
| UNITED STATES STL CORP NEWUNITED STATES STL CORP NEW COM | put | 1,303,400 | $20.9M | +25,700 |
| CXCEMEX SAB DE CV ADR | put | 2,954,224 | $20.7M | +11,648 |
| BKDBROOKDALE SR LIVING INC COM | put | 1,294,100 | $20.6M | +78,000 |
| NKENIKE INC COM | put | 322,800 | $19.8M | 0 |
| RIGTRANSOCEAN LTD Stock | put | 2,165,700 | $19.8M | 0 |
| MTHMERITAGE HOMES CORP Stock | put | 529,200 | $19.3M | 0 |
| PSECPROSPECT CAP CORP COM | put | 2,474,000 | $18M | +58,500 |
| PANWPALO ALTO NETWORKS INC COM | put | 92,500 | $15.1M | 0 |
| AMZNAMAZON COM INC COM | put | 25,000 | $14.8M | 0 |
| ADBEADOBE INC COM | put | 142,500 | $13.4M | 0 |
| CATCATERPILLAR INC COM | put | 173,100 | $13.2M | 0 |
| PRICELINE GRP INCPRICELINE GRP INC COM NEW | put | 10,000 | $12.9M | 0 |
| KBHKB HOME COM | put | 900,100 | $12.9M | 0 |
| GMEGAMESTOP CORP CL A | put | 387,400 | $12.3M | +298,300 |
| NAVINAVIENT CORPORATION Stock | put | 1,021,000 | $12.2M | 0 |
| SEADRILL ORDSEADRILL ORD COM | put | 3,691,000 | $12.2M | -1,381,000 |
| Mallinckrodt PlcMallinckrodt Plc SHS | put | 243,100 | $12.1M | 0 |
| INVENSENSE INCINVENSENSE INC COM | put | 1,407,200 | $11.8M | +3,000 |
| KRKROGER CO Stock | put | 300,000 | $11.5M | 0 |
| JKSJINKOSOLAR HLDG CO LTD SPONSORED ADR | put | 524,100 | $11M | +11,100 |
| ARCELORMITTAL FUNSPONSORED …ARCELORMITTAL FUNSPONSORED ADR 1 … COM | put | 1,458,500 | $10.6M | 0 |
| IBMINTERNATIONAL BUSINESS MACHS COM | put | 70,000 | $10.6M | 0 |
| TESORO CORPTESORO CORP COM | put | 122,300 | $10.5M | 0 |
| THCTENET HEALTHCARE CORP Stock | put | 333,700 | $9.65M | +194,700 |
| SEADRILL ORDSEADRILL ORD COM | call | 2,675,000 | $8.83M | +1,550,000 |
| LENLENNAR CORP Stock | put | 179,000 | $8.66M | 0 |
| DALDELTA AIR LINES INC Stock | put | 183,400 | $8.29M | 0 |
| MLCOMELCO RESORTS AND ENTMNT LTD ADR | put | 500,000 | $8.26M | 0 |
| WALGREENS BOOTS ALLIANCE INCWALGREENS BOOTS ALLIANCE INC COM | put | 95,200 | $8.02M | 0 |
| CRMSALESFORCE INC COM | put | 94,400 | $6.97M | 0 |
| CLIFFS NATURAL RESOURCESCLIFFS NATURAL RESOURCES COMMON STOCK | put | 2,316,600 | $6.95M | -625,300 |
| DCHDAUCH CORP COM | put | 447,700 | $6.89M | +4,000 |
| CHESEPEAKE ENERGY CORPCHESEPEAKE ENERGY CORP COM | put | 1,509,700 | $6.22M | 0 |
| CSIQCANADIAN SOLAR INC COM | put | 314,500 | $6.06M | +139,000 |
| YPFYPF SOCIEDAD ANONIMA SPON ADR CL D | put | 327,500 | $5.86M | 0 |
| 58 COM INC58 COM INC SPON ADR REP A | put | 100,000 | $5.57M | 0 |
| SOTHEBYSSOTHEBYS COM | put | 220,800 | $5.47M | 0 |
| ULTAULTA BEAUTY INC Stock | put | 27,700 | $5.37M | 0 |
| ADSKAUTODESK INC Stock | put | 90,000 | $5.25M | 0 |
| L BRANDS INCL BRANDS INC COM | put | 58,500 | $5.14M | 0 |
| TWITTER INCTWITTER INC COM | put | 300,000 | $4.96M | 0 |
| U S G CORPU S G CORP COM NEW | put | 174,400 | $4.33M | 0 |
| PIONEER NATURAL RESOURCES COPIONEER NATURAL RESOURCES CO COM | put | 30,000 | $4.22M | 0 |
| CBS CORP NEWCBS CORP NEW CL B | put | 73,200 | $4.03M | 0 |
| ASHRDBX ETF TR XTRACK HRVST CSI | put | 160,200 | $3.93M | 0 |
| TECKTECK RESOURCES LTD Stock | call | 500,000 | $3.81M | +100,000 |
| RIGTRANSOCEAN LTD Stock | call | 400,000 | $3.66M | 0 |
| VEREIT INCVEREIT INC COM | call | 401,000 | $3.56M | 0 |
| WDAYWORKDAY INC Stock | put | 43,600 | $3.35M | 0 |
| COBALT INTL ENERGY INCCOBALT INTL ENERGY INC COM | put | 978,100 | $2.9M | 0 |
| WEATHERFORD INTL INC ORD SHSWEATHERFORD INTL INC ORD SHS Stock | call | 335,100 | $2.61M | new |
| PBRPETROLEO BRASILEIRO S A SPONSORED ADR | put | 392,100 | $2.29M | 0 |
| NATIONSTAR MORTGAGE HOLDINGSNATIONSTAR MORTGAGE HOLDINGS COMMON STOCK | put | 215,000 | $2.13M | 0 |
| RCLROYAL CARIBBEAN GROUP Stock | put | 25,000 | $2.05M | 0 |
| AVON PRODS INCAVON PRODS INC COM | call | 420,000 | $2.02M | 0 |
| NABORS INDUSTRIES LTDNABORS INDUSTRIES LTD SHS | call | 200,000 | $1.84M | 0 |
| PBRPETROLEO BRASILEIRO S A SPONSORED ADR | call | 300,000 | $1.75M | 0 |
| FRONTIER COMMUNICATIONS CORPFRONTIER COMMUNICATIONS CORP COM | call | 300,000 | $1.68M | 0 |
| AK STEEL HOLDING CORPAK STEEL HOLDING CORP COM | call | 400,000 | $1.65M | 0 |
| PHH CORPPHH CORP COM NEW | put | 117,000 | $1.47M | 0 |
| LNWOLIGHT & WONDER, INC. COMMON ST Stock | put | 100,000 | $943K | 0 |
| VALEVALE S A SPONSORED ADS | call | 200,000 | $842K | 0 |
| YRC WORLDWIDE INCYRC WORLDWIDE INC COM | put | 68,500 | $638K | 0 |
| WHITING PETE CORP NEWWHITING PETE CORP NEW COM | put | 72,000 | $575K | 0 |
| OCWEN FINL CORPOCWEN FINL CORP COM NEW | put | 148,000 | $366K | new |
| WEATHERFORD INTL INC ORD SHSWEATHERFORD INTL INC ORD SHS Stock | put | 30,100 | $234K | 0 |
| SHUTTERFLY INCSHUTTERFLY INC COM | call | 4,500 | $209K | 0 |
| JBLJABIL INC Stock | put | 10,600 | $204K | 0 |
| BZHBEAZER HOMES USA INC COMMON STOCK | put | 21,600 | $188K | 0 |
| YPFYPF SOCIEDAD ANONIMA SPON ADR CL D | call | 10,000 | $179K | 0 |
| CYHCOMMUNITY HEALTH SYS INC NEW COMMON STOCK | put | 10,000 | $152K | 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 |
|---|---|---|---|---|
| TESLA INCTESLA INC NOTE 0.250 3/0 | principal | 28,500,000 | $26.6M | 0 |
| AMERICAN RLTY CAP PPTYS INCAMERICAN RLTY CAP PPTYS INC NOTE 3.000% 8/0 | principal | 24,814,000 | $24.8M | +2,000,000 |
| NAVISTAR INTL CORP NEWNAVISTAR INTL CORP NEW NOTE 4.500%10/1 | principal | 21,475,000 | $21.3M | 0 |
| HERBALIFE LTDHERBALIFE LTD NOTE 2.000% 8/1 | principal | 21,400,000 | $19.6M | new |
| SOLARCITY CORPSOLARCITY CORP NOTE 2.750%11/0 | principal | 17,829,000 | $16.7M | -5,500,000 |
| MERITAGE HOMES CORPMERITAGE HOMES CORP NOTE | principal | 16,529,000 | $16.5M | 0 |
| ICON 1.5 3/18ICON 1.5 3/18 Bond 30/360P2 U | principal | 15,130,000 | $14.3M | +5,000,000 |
| RYLAND GROUP 0.250RYLAND GROUP 0.250 NOTE 0.250% 6/0 | principal | 15,000,000 | $14M | 0 |
| YANDEX N.V.YANDEX N.V. 1.125% CNV BDS 15/12/18 USD | principal | 14,500,000 | $13.8M | 0 |
| ARVINMERITOR INCARVINMERITOR INC CORPORATE OBLIG | principal | 13,320,000 | $13.6M | 0 |
| NUANCE COMMUNICATIONSNUANCE COMMUNICATIONS CORPORATE OBLIG | principal | 12,529,000 | $12.6M | 0 |
| CEMEX SAB DE CVCEMEX SAB DE CV NOTE 3.750% 3/1 | principal | 10,000,000 | $11.3M | 0 |
| 00 0 | principal | 12,779,000 | $11M | new |
| BROOKDALE SENIOR LIVINGBROOKDALE SENIOR LIVING NOTE | principal | 11,026,000 | $10.8M | 0 |
| YY INCYY INC NOTE 2.250 4/0 | principal | 9,500,000 | $9.37M | 0 |
| PROSPECT CAPITAL CORPORATIONPROSPECT CAPITAL CORPORATION MTNF 5.375%10/1 | principal | 8,259,000 | $8.42M | 0 |
| WEB COM GROUP INCWEB COM GROUP INC NOTE 1.000% 8/1 | principal | 8,250,000 | $7.98M | +2,500,000 |
| PRICELINE.COM INC 1.000PRICELINE.COM INC 1.000 DEBT 1.000% 3/1 | principal | 5,000,000 | $7.9M | 0 |
| TWITTER INCTWITTER INC NOTE 0.250% 9/1 | principal | 7,500,000 | $7.05M | 0 |
| INVN 1.75 11/18INVN 1.75 11/18 Bond 30/360P2 U | principal | 7,000,000 | $6.99M | 0 |
| BROADSOFT INCBROADSOFT INC NOTE 1.500% 7/0 | principal | 5,136,000 | $5.92M | +136,000 |
| SYNCHRONOSS TECHNOLOGIES INCSYNCHRONOSS TECHNOLOGIES INC NOTE 0.750 8/1 | principal | 5,136,000 | $5.42M | +136,000 |
| CANADIAN SOLAR INCCANADIAN SOLAR INC NOTE 4.250% 2/1 | principal | 4,845,000 | $4.54M | +3,595,000 |
| PROSPECT CAPITAL CORPORATIO…PROSPECT CAPITAL CORPORATION 5.75… Convertible | principal | 4,300,000 | $4.42M | 0 |
| NORTEL NETWORKS CORPNORTEL NETWORKS CORP CONV BND | principal | 4,000,000 | $3.86M | new |
| NAVISTAR INTL CORP NEWNAVISTAR INTL CORP NEW NOTE 4.750 4/1 | principal | 3,000,000 | $2.98M | new |
| AK STL CORPAK STL CORP NOTE 5.000%11/1 | principal | 1,000,000 | $2.07M | 0 |
| DHT HOLDINGS INCDHT HOLDINGS INC DEBT 4.50010/0 | principal | 2,140,000 | $1.98M | new |
| HORNBECK OFFSHORE SVCS INC NHORNBECK OFFSHORE SVCS INC N NOTE 1.500 9/0 | principal | 2,000,000 | $1.44M | -1,000,000 |
Sold out in Q4 2016
Positions in the previous quarter's report that this quarter's report no longer lists.
| Security | Shares before | Value before | Type |
|---|---|---|---|
| SOLARCITY CORPSOLARCITY CORP | 1,955,200 | $48.1M | put |
| PGPROCTER & GAMBLE CO | 178,244 | $16M | shares |
| ISTAR INCISTAR INC | 789,800 | $7.63M | put |
| SINA CORPSINA CORP | 7,293,000 | $7.33M | principal |
| UALUNITED AIRLS HLDGS INC | 131,000 | $6.87M | shares |
| GRACE W R & CO DEL NEW COMGRACE W R & CO DEL NEW COM | 80,000 | $5.69M | put |
| COTYCOTY INC | 130,000 | $3.62M | put |
| SOLARCITY CORPSOLARCITY CORP | 135,000 | $3.32M | call |
| ISTAR FINL INCISTAR FINL INC | 2,000,000 | $2.02M | principal |
| MGMMGM RESORTS INTERNATIONAL | 75,000 | $1.95M | shares |
| MERITOR INCMERITOR INC | 200,000 | $1.61M | call |
| SOLARCITY CORPSOLARCITY CORP | 24,290 | $475K | shares |
| PBRPETROLEO BRASILEIRO S A | 50,000 | $467K | shares |
How Q4 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 0001565772-17-000001 | base | 2017-02-14 | acceptance time not in the bulk data set |