Pomelo Capital LLC
Follow13F filer, CIK 1565772, NEW YORK, NY
Pomelo Capital LLC reported $1,988,380,000 across 122 holdings for the quarter ended 2017-03-31, in a 13F-HR filed 2017-05-15. Its ten largest share positions make up 59.55% of the portfolio.
Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001565772-17-000003
- Period
- 2017-03-31
- Reported value
- $1.99B
- Holdings
- 122
- Top 10 weight
- 59.55%
- New
- 9
- Sold out
- 37
Largest buys vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| CHESEPEAKE ENERGY CORPadded | +253,000 | $1.5M |
| PENNEY J C INCnew | +150,100 | $925K |
| TSLAadded | +1,950 | $543K |
| GNC HLDGS INCnew | +12,900 | $95K |
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 |
|---|---|---|
| VALEANT PHARMACEUTICALS INTLreduced | -330,200 | -$3.64M |
| YY INC. ADRexited | -60,000 | -$2.37M |
| COBALT INTL ENERGY INCexited | -1,267,100 | -$1.55M |
| SEADRILL ORDreduced | -811,523 | -$1.34M |
| PHH CORPexited | -60,400 | -$916K |
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, Q1 2017
Share positions as resolved from 13F-HR 0001565772-17-000003, largest first. % of portfolio is the value over $319,707,000, the sum of the share positions whose value is usable for ratios (method).
| Security | History | Shares | Value | % of portfolio | Change | Latest event | Timeline |
|---|---|---|---|---|---|---|---|
| TSLATESLA INC | 16,200 | $4.51M | 1.41% | +1,950 | Timeline | ||
| AALAMERICAN AIRLINES GROUP INC | 95,000 | $4.02M | 1.26% | 0 | Timeline | ||
| WEATHERFORD INTL INC ORD SHSWEATHERFORD INTL INC ORD SHS | 470,000 | $3.13M | 0.98% | 0 | |||
| CHESEPEAKE ENERGY CORPCHESEPEAKE ENERGY CORP | 513,000 | $3.05M | 0.95% | +253,000 | |||
| KBHKB HOME | 132,019 | $2.62M | 0.82% | 0 | Timeline | ||
| CIT GROUP INC COM NEWCIT GROUP INC COM NEW | 40,000 | $1.72M | 0.54% | 0 | |||
| SEADRILL ORDSEADRILL ORD | 865,300 | $1.43M | 0.45% | -811,523 | |||
| FCXFREEPORT MCMORAN INC | 100,000 | $1.34M | 0.42% | 0 | Timeline | ||
| GMGENERAL MTRS CO | 34,787 | $1.23M | 0.38% | -25,000 | Timeline | ||
| VALEANT PHARMACEUTICALS INTLVALEANT PHARMACEUTICALS INTL | 109,800 | $1.21M | 0.38% | -330,200 | |||
| RIGTRANSOCEAN LTD | 75,000 | $934K | 0.29% | 0 | Timeline | ||
| PENNEY J C INCPENNEY J C INC | 150,100 | $925K | 0.29% | new | |||
| NUANCE COMMUNICATIONS INCNUANCE COMMUNICATIONS INC | 50,000 | $866K | 0.27% | 0 | |||
| SANOFISANOFI | 1,400,000 | $630K | 0.2% | 0 | |||
| THCTENET HEALTHCARE CORP | 25,000 | $443K | 0.14% | 0 | Timeline | ||
| TOLTOLL BROTHERS INC | 10,000 | $361K | 0.11% | 0 | Timeline | ||
| INVENSENSE INCINVENSENSE INC | 25,000 | $316K | 0.1% | 0 | |||
| WHITING PETE CORP NEWWHITING PETE CORP NEW | 13,000 | $123K | 0.04% | 0 | |||
| GNC HLDGS INCGNC HLDGS INC | 12,900 | $95K | 0.03% | new |
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 | 821,181 | $229M | +17,104 |
| AALAMERICAN AIRLINES GROUP INC Stock | put | 3,844,400 | $163M | +106,000 |
| NAVISTAR INTERNATIONALNAVISTAR INTERNATIONAL COMMON STOCK | put | 4,824,600 | $119M | +412,300 |
| CIT GROUP INC COM NEWCIT GROUP INC COM NEW Stock | put | 1,753,200 | $75.3M | -273,700 |
| UALUNITED AIRLS HLDGS INC Stock | put | 1,021,000 | $72.1M | -254,600 |
| FCXFREEPORT MCMORAN INC Stock | put | 4,985,400 | $66.6M | -2,000 |
| RESTORATION HARDWARE HLDGS IRESTORATION HARDWARE HLDGS I COM | put | 1,384,700 | $64.1M | +617,500 |
| HLFHERBALIFE LTD COM SHS | put | 984,400 | $57.2M | +355,500 |
| IAC INTERACTIVECORPIAC INTERACTIVECORP COM | put | 743,500 | $54.8M | +6,700 |
| UNITED STATES STL CORP NEWUNITED STATES STL CORP NEW COM | put | 1,184,100 | $40M | -119,300 |
| ALLYALLY FINL INC Stock | put | 1,945,400 | $39.5M | -162,700 |
| NBISNEBIUS GROUP N.V. SHS CLASS A | put | 1,567,200 | $34.4M | 0 |
| GMGENERAL MTRS CO Stock | put | 940,500 | $33.3M | 0 |
| PSECPROSPECT CAP CORP COM | put | 3,623,200 | $32.8M | +1,149,200 |
| ICONIX BRAND GROUP INCICONIX BRAND GROUP INC COM | put | 4,226,900 | $31.8M | +731,600 |
| AERAERCAP HOLDINGS NV Stock | put | 667,800 | $30.7M | 0 |
| PENNEY J C INCPENNEY J C INC COM | put | 4,949,000 | $30.5M | -1,612,100 |
| VEREIT INCVEREIT INC COM | put | 3,557,500 | $30.2M | -557,200 |
| CXCEMEX SAB DE CV ADR | put | 3,344,488 | $29.2M | +390,264 |
| METAMETA PLATFORMS INC COM | put | 203,600 | $28.9M | -140,000 |
| NUANCE COMMUNICATIONS INCNUANCE COMMUNICATIONS INC COM | put | 1,592,400 | $27.6M | 0 |
| RIGTRANSOCEAN LTD Stock | put | 2,170,700 | $27M | +5,000 |
| BKDBROOKDALE SR LIVING INC COM | put | 1,512,700 | $20.3M | +218,600 |
| CENTURYLINK INCCENTURYLINK INC COM | put | 831,200 | $19.6M | -127,000 |
| ADBEADOBE INC COM | put | 147,500 | $19.2M | +5,000 |
| CLIFFS NATURAL RESOURCESCLIFFS NATURAL RESOURCES COMMON STOCK | put | 2,316,600 | $19M | 0 |
| INVENSENSE INCINVENSENSE INC COM | put | 1,394,700 | $17.6M | -12,500 |
| AMZNAMAZON COM INC COM | put | 17,500 | $15.5M | -7,500 |
| NAVINAVIENT CORPORATION Stock | put | 1,021,000 | $15.1M | 0 |
| KBHKB HOME COM | put | 723,900 | $14.4M | -176,200 |
| ARCELORMITTAL FUNSPONSORED …ARCELORMITTAL FUNSPONSORED ADR 1 … COM | put | 1,448,500 | $12.1M | -10,000 |
| MTHMERITAGE HOMES CORP Stock | put | 300,000 | $11M | -229,200 |
| Mallinckrodt PlcMallinckrodt Plc SHS | put | 247,100 | $11M | +4,000 |
| GNC HLDGS INCGNC HLDGS INC COM CL A | put | 1,347,500 | $9.92M | new |
| GMEGAMESTOP CORP CL A | put | 420,400 | $9.48M | +33,000 |
| CHESEPEAKE ENERGY CORPCHESEPEAKE ENERGY CORP COM | put | 1,509,700 | $8.97M | 0 |
| ULTAULTA BEAUTY INC Stock | put | 29,700 | $8.47M | +2,000 |
| DCHDAUCH CORP COM | put | 449,700 | $8.45M | +2,000 |
| YPFYPF SOCIEDAD ANONIMA SPON ADR CL D | put | 335,500 | $8.15M | +8,000 |
| THCTENET HEALTHCARE CORP Stock | put | 458,800 | $8.12M | +125,100 |
| CSIQCANADIAN SOLAR INC COM | put | 639,000 | $7.84M | +324,500 |
| ADSKAUTODESK INC Stock | put | 90,000 | $7.78M | 0 |
| VALEANT PHARMACEUTICALS INTLVALEANT PHARMACEUTICALS INTL COM | put | 663,100 | $7.31M | -549,300 |
| STZCONSTELLATION BRANDS INC Stock | put | 43,300 | $7.02M | -100,000 |
| YY INC. ADRYY INC. ADR SPONSORED ADS A | put | 152,000 | $7.01M | -670,400 |
| PIONEER NATURAL RESOURCES COPIONEER NATURAL RESOURCES CO COM | put | 30,000 | $5.59M | 0 |
| NKENIKE INC COM | put | 100,000 | $5.57M | -222,800 |
| RIGTRANSOCEAN LTD Stock | call | 400,000 | $4.98M | 0 |
| TWITTER INCTWITTER INC COM | put | 330,000 | $4.93M | +30,000 |
| PANWPALO ALTO NETWORKS INC COM | put | 42,500 | $4.79M | -50,000 |
| VALEVALE S A SPONSORED ADS | call | 500,000 | $4.75M | +300,000 |
| CRMSALESFORCE INC COM | put | 54,400 | $4.49M | -40,000 |
| WDAYWORKDAY INC Stock | put | 46,600 | $3.88M | +3,000 |
| DALDELTA AIR LINES INC Stock | put | 81,100 | $3.73M | -102,300 |
| NATIONSTAR MORTGAGE HOLDINGSNATIONSTAR MORTGAGE HOLDINGS COMMON STOCK | put | 221,000 | $3.48M | +6,000 |
| SEADRILL ORDSEADRILL ORD COM | put | 2,076,000 | $3.42M | -1,615,000 |
| WEIGHT WATCHERS INTL INCWEIGHT WATCHERS INTL INC COM | put | 207,100 | $3.23M | new |
| PBRPETROLEO BRASILEIRO S A SPONSORED ADR | put | 304,100 | $2.95M | -88,000 |
| VALEANT PHARMACEUTICALS INTLVALEANT PHARMACEUTICALS INTL COM | call | 240,000 | $2.65M | new |
| NABORS INDUSTRIES LTDNABORS INDUSTRIES LTD SHS | call | 200,000 | $2.61M | 0 |
| CATCATERPILLAR INC COM | put | 26,700 | $2.48M | -146,400 |
| LNWOLIGHT & WONDER, INC. COMMON ST Stock | put | 100,000 | $2.37M | 0 |
| PENNEY J C INCPENNEY J C INC COM | call | 375,000 | $2.31M | new |
| AVON PRODS INCAVON PRODS INC COM | call | 520,000 | $2.29M | +100,000 |
| LENLENNAR CORP Stock | put | 31,600 | $1.62M | -147,400 |
| GNC HLDGS INCGNC HLDGS INC COM CL A | call | 150,100 | $1.1M | new |
| SEADRILL ORDSEADRILL ORD COM | call | 567,300 | $936K | -2,107,700 |
| KRKROGER CO Stock | put | 30,000 | $885K | -270,000 |
| TECKTECK RESOURCES LTD Stock | call | 37,500 | $821K | -462,500 |
| OCWEN FINL CORPOCWEN FINL CORP COM NEW | put | 148,000 | $810K | 0 |
| JKSJINKOSOLAR HLDG CO LTD SPONSORED ADR | put | 46,000 | $762K | -478,100 |
| WHITING PETE CORP NEWWHITING PETE CORP NEW COM | put | 72,000 | $681K | 0 |
| FRONTIER COMMUNICATIONS CORPFRONTIER COMMUNICATIONS CORP COM | call | 300,000 | $642K | 0 |
| JBLJABIL INC Stock | put | 10,600 | $307K | 0 |
| YPFYPF SOCIEDAD ANONIMA SPON ADR CL D | call | 10,000 | $243K | 0 |
| CYHCOMMUNITY HEALTH SYS INC NEW COMMON STOCK | put | 10,000 | $89K | 0 |
| WEATHERFORD INTL INC ORD SHSWEATHERFORD INTL INC ORD SHS Stock | put | 10,000 | $67K | -20,100 |
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 |
|---|---|---|---|---|
| HERBALIFE LTDHERBALIFE LTD NOTE 2.000% 8/1 | principal | 31,524,000 | $30.3M | +10,124,000 |
| TESLA INCTESLA INC NOTE 0.250 3/0 | principal | 28,500,000 | $28.6M | 0 |
| AMERICAN RLTY CAP PPTYS INCAMERICAN RLTY CAP PPTYS INC NOTE 3.000% 8/0 | principal | 24,814,000 | $24.9M | 0 |
| NAVISTAR INTL CORP NEWNAVISTAR INTL CORP NEW NOTE 4.500%10/1 | principal | 21,475,000 | $21.2M | 0 |
| ICON 1.5 3/18ICON 1.5 3/18 Bond 30/360P2 U | principal | 18,429,000 | $17.5M | +3,299,000 |
| RYLAND GROUP 0.250RYLAND GROUP 0.250 NOTE 0.250% 6/0 | principal | 15,000,000 | $14.2M | 0 |
| ARVINMERITOR INCARVINMERITOR INC CORPORATE OBLIG | principal | 13,320,000 | $14M | 0 |
| YANDEX N.V.YANDEX N.V. 1.125% CNV BDS 15/12/18 USD | principal | 14,500,000 | $13.9M | 0 |
| BROOKDALE SENIOR LIVINGBROOKDALE SENIOR LIVING NOTE | principal | 13,425,000 | $13.3M | +2,399,000 |
| 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 | $11.7M | 0 |
| YY INCYY INC NOTE 2.250 4/0 | principal | 9,500,000 | $9.49M | 0 |
| PRICELINE.COM INC 1.000PRICELINE.COM INC 1.000 DEBT 1.000% 3/1 | principal | 5,000,000 | $9.44M | 0 |
| PROSPECT CAPITAL CORPORATIONPROSPECT CAPITAL CORPORATION MTNF 5.375%10/1 | principal | 8,259,000 | $8.39M | 0 |
| WEB COM GROUP INCWEB COM GROUP INC NOTE 1.000% 8/1 | principal | 8,250,000 | $8.06M | 0 |
| TWITTER INCTWITTER INC NOTE 0.250% 9/1 | principal | 7,500,000 | $7.08M | 0 |
| PROSPECT CAPITAL CORPORATIO…PROSPECT CAPITAL CORPORATION 5.75… Convertible | principal | 6,862,000 | $7.06M | +2,562,000 |
| INVN 1.75 11/18INVN 1.75 11/18 Bond 30/360P2 U | principal | 7,000,000 | $6.95M | 0 |
| BROADSOFT INCBROADSOFT INC NOTE 1.500% 7/0 | principal | 5,136,000 | $5.79M | 0 |
| GNC HoldingsGNC Holdings CONV BOND | principal | 8,819,000 | $5.36M | new |
| PROSPECT CAPITAL CORPORATIONPROSPECT CAPITAL CORPORATION NOTE 5.875% 1/1 | principal | 4,826,000 | $4.97M | new |
| SYNCHRONOSS TECHNOLOGIES INCSYNCHRONOSS TECHNOLOGIES INC NOTE 0.750 8/1 | principal | 5,136,000 | $4.87M | 0 |
| CANADIAN SOLAR INCCANADIAN SOLAR INC NOTE 4.250% 2/1 | principal | 4,845,000 | $4.56M | 0 |
| NAVISTAR INTL CORP NEWNAVISTAR INTL CORP NEW NOTE 4.750 4/1 | principal | 3,000,000 | $2.89M | 0 |
| DHT HOLDINGS INCDHT HOLDINGS INC DEBT 4.50010/0 | principal | 2,140,000 | $2.15M | 0 |
| AK STL CORPAK STL CORP NOTE 5.000%11/1 | principal | 1,000,000 | $1.59M | 0 |
Sold out in Q1 2017
Positions in the previous quarter's report that this quarter's report no longer lists.
| Security | Shares before | Value before | Type |
|---|---|---|---|
| NFLXNETFLIX INC. | 774,800 | $79.2M | put |
| BABAALIBABA GROUP HLDG LTD | 548,000 | $43.3M | put |
| MDLZMONDELEZ INTL INC | 672,900 | $27M | put |
| MGMMGM RESORTS INTERNATIONAL | 1,196,600 | $25.7M | put |
| SINA CORPSINA CORP | 484,100 | $21.6M | put |
| UAAUNDER ARMOUR INC | 485,700 | $21.3M | put |
| SOLARCITY CORPSOLARCITY CORP | 17,829,000 | $16.7M | principal |
| MERITAGE HOMES CORPMERITAGE HOMES CORP | 16,529,000 | $16.5M | principal |
| PRICELINE GRP INCPRICELINE GRP INC | 10,000 | $12.9M | put |
| 00 | 12,779,000 | $11M | principal |
| IBMINTERNATIONAL BUSINESS MACHS | 70,000 | $10.6M | put |
| TESORO CORPTESORO CORP | 122,300 | $10.5M | put |
| MLCOMELCO RESORTS AND ENTMNT LTD | 500,000 | $8.26M | put |
| WALGREENS BOOTS ALLIANCE INCWALGREENS BOOTS ALLIANCE INC | 95,200 | $8.02M | put |
| 58 COM INC58 COM INC | 100,000 | $5.57M | put |
| SOTHEBYSSOTHEBYS | 220,800 | $5.47M | put |
| L BRANDS INCL BRANDS INC | 58,500 | $5.14M | put |
| U S G CORPU S G CORP | 174,400 | $4.33M | put |
| CBS CORP NEWCBS CORP NEW | 73,200 | $4.03M | put |
| ASHRDBX ETF TR | 160,200 | $3.93M | put |
| NORTEL NETWORKS CORPNORTEL NETWORKS CORP | 4,000,000 | $3.86M | principal |
| VEREIT INCVEREIT INC | 401,000 | $3.56M | call |
| COBALT INTL ENERGY INCCOBALT INTL ENERGY INC | 978,100 | $2.9M | put |
| WEATHERFORD INTL INC ORD SHSWEATHERFORD INTL INC ORD SHS | 335,100 | $2.61M | call |
| YY INC. ADRYY INC. ADR | 60,000 | $2.37M | shares |
| RCLROYAL CARIBBEAN GROUP | 25,000 | $2.05M | put |
| PBRPETROLEO BRASILEIRO S A | 300,000 | $1.75M | call |
| AK STEEL HOLDING CORPAK STEEL HOLDING CORP | 400,000 | $1.65M | call |
| COBALT INTL ENERGY INCCOBALT INTL ENERGY INC | 1,267,100 | $1.55M | shares |
| PHH CORPPHH CORP | 117,000 | $1.47M | put |
| HORNBECK OFFSHORE SVCS INC NHORNBECK OFFSHORE SVCS INC N | 2,000,000 | $1.44M | principal |
| PHH CORPPHH CORP | 60,400 | $916K | shares |
| YRC WORLDWIDE INCYRC WORLDWIDE INC | 68,500 | $638K | put |
| YRC WORLDWIDE INCYRC WORLDWIDE INC | 40,000 | $531K | shares |
| U S G CORPU S G CORP | 8,900 | $257K | shares |
| SHUTTERFLY INCSHUTTERFLY INC | 4,500 | $209K | call |
| BZHBEAZER HOMES USA INC | 21,600 | $188K | put |
How Q1 2017 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 0001565772-17-000003 | base | 2017-05-15 | acceptance time not in the bulk data set |