Pomelo Capital LLC
Follow13F filer, CIK 1565772, NEW YORK, NY
Pomelo Capital LLC reported $3,368,524,000 across 140 holdings for the quarter ended 2017-12-31, in a 13F-HR filed 2018-02-14. Its ten largest share positions make up 63.61% of the portfolio.
Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001565772-18-000001
- Period
- 2017-12-31
- Reported value
- $3.37B
- Holdings
- 140
- Top 10 weight
- 63.61%
- New
- 16
- Sold out
- 13
Largest buys vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| Mallinckrodt Plcadded | +224,119 | $5.06M |
| PENNEY J C INCadded | +1,457,471 | $4.61M |
| BKDnew | +450,000 | $4.37M |
| ICONIX BRAND GROUP INCadded | +2,805,000 | $3.62M |
| CENTURYLINK INCnew | +128,400 | $2.14M |
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 |
|---|---|---|
| AALexited | -65,000 | -$3.09M |
| CIT GROUP INC COM NEWexited | -40,000 | -$1.96M |
| RIGreduced | -122,300 | -$1.31M |
| WHITING PETE CORP NEWexited | -143,000 | -$781K |
| CARreduced | -10,000 | -$439K |
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 2017
Share positions as resolved from 13F-HR 0001565772-18-000001, largest first. % of portfolio is the value over $260,101,000, the sum of the share positions whose value is usable for ratios (method).
| Security | History | Shares | Value | % of portfolio | Change | Latest event | Timeline |
|---|---|---|---|---|---|---|---|
| PENNEY J C INCPENNEY J C INC | 4,380,406 | $13.8M | 5.32% | +1,457,471 | |||
| Mallinckrodt PlcMallinckrodt Plc | 232,119 | $5.24M | 2.01% | +224,119 | |||
| BKDBROOKDALE SR LIVING INC | 450,000 | $4.37M | 1.68% | new | Timeline | ||
| ICONIX BRAND GROUP INCICONIX BRAND GROUP INC | 2,923,357 | $3.77M | 1.45% | +2,805,000 | |||
| CHESEPEAKE ENERGY CORPCHESEPEAKE ENERGY CORP | 939,300 | $3.72M | 1.43% | +178,800 | |||
| WEATHERFORD INTL INC ORD SHSWEATHERFORD INTL INC ORD SHS | 665,000 | $2.77M | 1.07% | +75,000 | |||
| THCTENET HEALTHCARE CORP | 173,472 | $2.63M | 1.01% | +40,000 | Timeline | ||
| GNC HLDGS INCGNC HLDGS INC | 653,039 | $2.41M | 0.93% | +326,341 | |||
| CENTURYLINK INCCENTURYLINK INC | 128,400 | $2.14M | 0.82% | new | |||
| GMEGAMESTOP CORP | 106,286 | $1.91M | 0.73% | 0 | Timeline | ||
| FCXFREEPORT MCMORAN INC | 100,000 | $1.9M | 0.73% | 0 | Timeline | ||
| WEIGHT WATCHERS INTL INCWEIGHT WATCHERS INTL INC | 42,572 | $1.89M | 0.72% | new | |||
| CARAVIS BUDGET GROUP INC | 40,000 | $1.75M | 0.67% | -10,000 | Timeline | ||
| PSECPROSPECT CAP CORP | 225,000 | $1.52M | 0.58% | new | Timeline | ||
| HERTZ GLOBAL HLDGS INCHERTZ GLOBAL HLDGS INC | 55,000 | $1.22M | 0.47% | new | |||
| Whiting Petroleum CorporaWhiting Petroleum Corpora | 35,750 | $947K | 0.36% | new | |||
| CYHCOMMUNITY HEALTH SYS INC NEW | 155,272 | $661K | 0.25% | +80,700 | Timeline | ||
| SANOFISANOFI | 1,510,000 | $574K | 0.22% | 0 | |||
| RIGTRANSOCEAN LTD | 52,700 | $563K | 0.22% | -122,300 | Timeline | ||
| RITEAID CORPRITEAID CORP | 75,000 | $148K | 0.06% | 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 |
|---|---|---|---|---|
| AALAMERICAN AIRLINES GROUP INC Stock | put | 6,530,500 | $310M | +2,686,100 |
| TSLATESLA INC COM | put | 891,101 | $304M | +25,300 |
| NAVISTAR INTERNATIONALNAVISTAR INTERNATIONAL COMMON STOCK | put | 5,496,200 | $242M | +245,000 |
| RHRH COM | put | 1,869,800 | $105M | +96,000 |
| RIGTRANSOCEAN LTD Stock | put | 2,170,700 | $94.4M | 0 |
| IAC INTERACTIVECORPIAC INTERACTIVECORP COM | put | 743,500 | $87.4M | 0 |
| CIT GROUP INC COM NEWCIT GROUP INC COM NEW Stock | put | 1,753,200 | $86M | 0 |
| NBISNEBIUS GROUP N.V. SHS CLASS A | put | 2,242,200 | $73.9M | +675,000 |
| HLFHERBALIFE LTD COM SHS | put | 1,050,500 | $71.3M | -91,300 |
| FCXFREEPORT MCMORAN INC Stock | put | 4,985,400 | $70M | 0 |
| WEIGHT WATCHERS INTL INCWEIGHT WATCHERS INTL INC COM | put | 1,428,100 | $63.2M | +84,000 |
| UALUNITED AIRLS HLDGS INC Stock | put | 1,021,000 | $62.2M | 0 |
| ADBEADOBE INC COM | put | 362,100 | $54M | +214,600 |
| AMZNAMAZON COM INC COM | put | 54,600 | $52.5M | +37,100 |
| ALLYALLY FINL INC Stock | put | 1,945,400 | $47.2M | 0 |
| Mallinckrodt PlcMallinckrodt Plc SHS | put | 1,206,700 | $45.1M | +580,300 |
| VVISA INC COM | put | 424,300 | $44.7M | +101,000 |
| TXTTEXTRON INC Stock | put | 800,000 | $43.1M | 0 |
| EXPEEXPEDIA GROUP INC Stock | put | 288,500 | $41.5M | 0 |
| STZCONSTELLATION BRANDS INC Stock | put | 203,900 | $40.7M | +160,600 |
| DUKDUKE ENERGY CORP NEW COM | put | 468,000 | $39.3M | 0 |
| NVDANVIDIA CORPORATION COM | put | 216,500 | $38.7M | +20,000 |
| ELLAUDER ESTEE COS INC Stock | put | 356,200 | $38.4M | 0 |
| GMGENERAL MTRS CO Stock | put | 940,500 | $38M | 0 |
| METAMETA PLATFORMS INC COM | put | 203,600 | $34.8M | 0 |
| CVXCHEVRON CORPORATION COM | put | 295,000 | $34.7M | 0 |
| GENERAL ELEC COGENERAL ELEC CO COM | put | 1,420,000 | $34.3M | 0 |
| AERAERCAP HOLDINGS NV Stock | put | 667,800 | $34.1M | 0 |
| GNC HLDGS INCGNC HLDGS INC COM CL A | put | 3,835,700 | $33.9M | +1,710,700 |
| EBAYEBAY INC. Stock | put | 881,200 | $33.9M | 0 |
| PRICELINE GRP INCPRICELINE GRP INC COM NEW | put | 18,000 | $33M | 0 |
| HLTHILTON WORLDWIDE HLDGS INC Stock | put | 465,000 | $32.3M | 0 |
| CTRIP COM INTL LTDCTRIP COM INTL LTD AMERICAN DEP SHS | put | 605,900 | $32M | 0 |
| BLACKSTONE GROUP LP/THEBLACKSTONE GROUP LP/THE COM UNIT LTD | put | 950,000 | $31.7M | 0 |
| LUVSOUTHWEST AIRLS CO STOK | put | 562,000 | $31.5M | 0 |
| VALEANT PHARMACEUTICALS INTLVALEANT PHARMACEUTICALS INTL COM | put | 2,186,000 | $31.3M | +1,138,900 |
| UNITED STATES STL CORP NEWUNITED STATES STL CORP NEW COM | put | 1,184,100 | $30.4M | 0 |
| CENTURYLINK INCCENTURYLINK INC COM | put | 1,602,600 | $30.3M | +766,000 |
| CSIQCANADIAN SOLAR INC COM | put | 1,751,500 | $29.5M | +496,600 |
| VEREIT INCVEREIT INC COM | put | 3,557,500 | $29.5M | 0 |
| PSECPROSPECT CAP CORP COM | put | 4,325,500 | $29.1M | +580,000 |
| CXCEMEX SAB DE CV ADR | put | 3,065,448 | $27.8M | -289,680 |
| SLBSLB LIMITED COM | put | 392,200 | $27.4M | 0 |
| SEADRILL ORDSEADRILL ORD COM | call | 591,100 | $25.7M | 0 |
| NUANCE COMMUNICATIONS INCNUANCE COMMUNICATIONS INC COM | put | 1,592,400 | $25M | 0 |
| ICONIX BRAND GROUP INCICONIX BRAND GROUP INC COM | put | 4,032,000 | $22.9M | -420,900 |
| BKDBROOKDALE SR LIVING INC COM | put | 1,920,900 | $20.4M | +392,200 |
| PENNEY J C INCPENNEY J C INC COM | put | 4,958,000 | $18.9M | 0 |
| CSXCSX CORP COM | put | 342,300 | $18.6M | +10,000 |
| VRTXVERTEX PHARMACEUTICALS INC COM | put | 121,700 | $18.5M | 0 |
| ICEINTERCONTINENTAL EXCHANGE IN COM | put | 268,700 | $18.5M | 0 |
| KBHKB HOME COM | put | 723,900 | $17.5M | 0 |
| RIGTRANSOCEAN LTD Stock | call | 400,000 | $17.4M | 0 |
| CLFCLEVELAND-CLIFFS INC NEW Stock | put | 2,316,600 | $16.6M | 0 |
| NAVINAVIENT CORPORATION Stock | put | 1,021,000 | $15.3M | 0 |
| CALIFORNIA RES CORPCALIFORNIA RES CORP COM NEW | put | 1,259,100 | $13.2M | new |
| MTARCELORMITTAL SA LUXEMBOURG ADR | put | 478,005 | $12.3M | 0 |
| YPFYPF SOCIEDAD ANONIMA SPON ADR CL D | put | 535,500 | $11.9M | +200,000 |
| ADSKAUTODESK INC Stock | put | 90,000 | $10.1M | 0 |
| GMEGAMESTOP CORP CL A | put | 426,400 | $8.81M | 0 |
| DCHDAUCH CORP COM | put | 467,700 | $8.22M | +16,000 |
| BROADSOFT INCBROADSOFT INC COM | put | 154,200 | $7.76M | new |
| THCTENET HEALTHCARE CORP Stock | put | 463,800 | $7.62M | 0 |
| ULTAULTA BEAUTY INC Stock | put | 29,700 | $6.71M | 0 |
| PANWPALO ALTO NETWORKS INC COM | put | 42,500 | $6.12M | 0 |
| CYHCOMMUNITY HEALTH SYS INC NEW COMMON STOCK | put | 736,600 | $5.66M | +726,600 |
| TWITTER INCTWITTER INC COM | put | 330,000 | $5.57M | 0 |
| CHESEPEAKE ENERGY CORPCHESEPEAKE ENERGY CORP COM | put | 1,257,400 | $5.41M | 0 |
| NKENIKE INC COM | put | 100,000 | $5.18M | 0 |
| CRMSALESFORCE INC COM | put | 54,400 | $5.08M | 0 |
| VALEVALE S A SPONSORED ADS | call | 500,000 | $5.04M | 0 |
| WDAYWORKDAY INC Stock | put | 46,600 | $4.91M | 0 |
| LNWOLIGHT & WONDER, INC. COMMON ST Stock | put | 100,000 | $4.58M | 0 |
| PIONEER NATURAL RESOURCES COPIONEER NATURAL RESOURCES CO COM | put | 30,000 | $4.43M | 0 |
| NATIONSTAR MORTGAGE HOLDINGSNATIONSTAR MORTGAGE HOLDINGS COMMON STOCK | put | 235,000 | $4.36M | 0 |
| Whiting Petroleum CorporaWhiting Petroleum Corpora COM NEW | put | 180,000 | $3.93M | new |
| DALDELTA AIR LINES INC Stock | put | 81,100 | $3.91M | 0 |
| CATCATERPILLAR INC COM | put | 26,700 | $3.33M | 0 |
| VALEANT PHARMACEUTICALS INTLVALEANT PHARMACEUTICALS INTL COM | call | 220,000 | $3.15M | 0 |
| PBRPETROLEO BRASILEIRO S A SPONSORED ADR | put | 304,100 | $3.05M | 0 |
| SEADRILL ORDSEADRILL ORD COM | put | 152,600 | $2.71M | 0 |
| FRONTIER COMMUNICATIONS CORPFRONTIER COMMUNICATIONS CORP COM NEW | call | 186,000 | $2.19M | 0 |
| AVON PRODS INCAVON PRODS INC COM | call | 903,100 | $2.1M | +383,100 |
| GNC HLDGS INCGNC HLDGS INC COM CL A | call | 235,200 | $2.08M | +93,500 |
| LENLENNAR CORP Stock | put | 31,600 | $1.67M | 0 |
| NABORS INDUSTRIES LTDNABORS INDUSTRIES LTD SHS | call | 200,000 | $1.61M | 0 |
| JKSJINKOSOLAR HLDG CO LTD SPONSORED ADR | put | 46,000 | $1.15M | 0 |
| TECKTECK RESOURCES LTD Stock | call | 37,500 | $791K | 0 |
| RITEAID CORPRITEAID CORP COM | call | 400,000 | $784K | 0 |
| PENNEY J C INCPENNEY J C INC COM | call | 180,000 | $686K | -545,000 |
| KRKROGER CO Stock | put | 30,000 | $602K | 0 |
| OCWEN FINL CORPOCWEN FINL CORP COM NEW | put | 148,000 | $509K | 0 |
| AVON PRODS INCAVON PRODS INC COM | put | 182,800 | $426K | new |
| JBLJABIL INC Stock | put | 10,600 | $303K | 0 |
| ENERGEN CORPENERGEN CORP COM | put | 5,000 | $273K | new |
| YPFYPF SOCIEDAD ANONIMA SPON ADR CL D | call | 10,000 | $223K | 0 |
| PANDORA MEDIA INCPANDORA MEDIA INC COM | put | 10,000 | $77K | new |
| WEATHERFORD INTL INC ORD SHSWEATHERFORD INTL INC ORD SHS Stock | put | 10,000 | $46K | 0 |
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 | 38,500,000 | $38.8M | +1,000,000 |
| NAVISTAR INTL CORP NEWNAVISTAR INTL CORP NEW NOTE 4.750 4/1 | principal | 26,500,000 | $28.8M | +2,500,000 |
| SOLARCITY CORPSOLARCITY CORP NOTE 2.750%11/0 | principal | 15,829,000 | $15.8M | 0 |
| YANDEX N.V.YANDEX N.V. 1.125% CNV BDS 15/12/18 USD | principal | 15,264,000 | $15.1M | +764,000 |
| CANADIAN SOLAR INCCANADIAN SOLAR INC NOTE 4.250% 2/1 | principal | 13,660,000 | $13.4M | 0 |
| CEMEX SAB DE CVCEMEX SAB DE CV NOTE 3.750% 3/1 | principal | 11,000,000 | $11.2M | 0 |
| TESLA INCTESLA INC NOTE 0.250 3/0 | principal | 10,000,000 | $10.6M | 0 |
| PROSPECT CAPITAL CORPORATIONPROSPECT CAPITAL CORPORATION NOTE 5.875% 1/1 | principal | 9,135,000 | $9.39M | 0 |
| TWITTER INCTWITTER INC NOTE 0.250% 9/1 | principal | 9,000,000 | $8.62M | 0 |
| WEB COM GROUP INCWEB COM GROUP INC NOTE 1.000% 8/1 | principal | 8,250,000 | $8.19M | 0 |
| PROSPECT CAPITAL CORPORATIO…PROSPECT CAPITAL CORPORATION 5.75… Convertible | principal | 6,438,000 | $6.58M | 0 |
| GNC HoldingsGNC Holdings CONV BOND | principal | 13,351,000 | $5.88M | 0 |
| NAVISTAR INTL CORP NEWNAVISTAR INTL CORP NEW NOTE 4.500%10/1 | principal | 5,495,000 | $5.69M | -5,980,000 |
| RYLAND GROUP 0.250RYLAND GROUP 0.250 NOTE 0.250% 6/0 | principal | 5,500,000 | $5.55M | -9,500,000 |
| ARVINMERITOR INCARVINMERITOR INC CORPORATE OBLIG | principal | 4,500,000 | $5M | 0 |
| PROSPECT CAPITAL CORPORATIONPROSPECT CAPITAL CORPORATION NOTE 4.750% 4/1 | principal | 3,498,000 | $3.52M | new |
| BROOKDALE SENIOR LIVINGBROOKDALE SENIOR LIVING NOTE | principal | 3,006,000 | $3.01M | -12,585,000 |
| AMERICAN RLTY CAP PPTYS INCAMERICAN RLTY CAP PPTYS INC NOTE 3.000% 8/0 | principal | 2,814,000 | $2.82M | -7,500,000 |
| CARDTRONICS INCCARDTRONICS INC NOTE 1.000%12/0 | principal | 3,000,000 | $2.68M | new |
| DHT HOLDINGS INCDHT HOLDINGS INC DEBT 4.50010/0 | principal | 2,500,000 | $2.45M | 0 |
| WHITING PETE CORP NEWWHITING PETE CORP NEW NOTE 1.250% 4/0 | principal | 2,000,000 | $1.85M | new |
| AK STL CORPAK STL CORP NOTE 5.000%11/1 | principal | 1,000,000 | $1.32M | 0 |
Sold out in Q4 2017
Positions in the previous quarter's report that this quarter's report no longer lists.
| Security | Shares before | Value before | Type |
|---|---|---|---|
| AAPLAPPLE INC | 263,500 | $40.6M | put |
| BABAALIBABA GROUP HLDG LTD | 213,000 | $36.8M | put |
| ICON 1.5 3/18ICON 1.5 3/18 | 23,818,000 | $23.7M | principal |
| BROADSOFT INCBROADSOFT INC | 6,000,000 | $7.66M | principal |
| AALAMERICAN AIRLINES GROUP INC | 65,000 | $3.09M | shares |
| CIT GROUP INC COM NEWCIT GROUP INC COM NEW | 40,000 | $1.96M | shares |
| HERTZ GLOBAL HLDGS INCHERTZ GLOBAL HLDGS INC | 54,000 | $1.21M | call |
| HRIHERC HLDGS INC | 16,000 | $786K | call |
| WHITING PETE CORP NEWWHITING PETE CORP NEW | 143,000 | $781K | shares |
| SYNCHRONOSS TECHNOLOGIES INCSYNCHRONOSS TECHNOLOGIES INC | 800,000 | $685K | principal |
| TOLTOLL BROTHERS INC | 10,000 | $415K | shares |
| GMGENERAL MTRS CO | 9,787 | $395K | shares |
| WHITING PETE CORP NEWWHITING PETE CORP NEW | 18,000 | $393K | put |
How Q4 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 0001565772-18-000001 | base | 2018-02-14 | acceptance time not in the bulk data set |