Pomelo Capital LLC
Follow13F filer, CIK 1565772, NEW YORK, NY
Pomelo Capital LLC reported $1,831,055,000 across 106 holdings for the quarter ended 2018-03-31, in a 13F-HR filed 2018-05-15. Its ten largest share positions make up 73.44% of the portfolio.
Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001565772-18-000003
- Period
- 2018-03-31
- Reported value
- $1.83B
- Holdings
- 106
- Top 10 weight
- 73.44%
- New
- 25
- Sold out
- 59
Largest buys vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| EXPEnew | +49,406 | $5.46M |
| GNC HLDGS INCadded | +687,244 | $2.65M |
| GMEadded | +170,000 | $2.15M |
| FRONTIER COMMUNICATIONS CORPnew | +51,000 | $378K |
| CYHadded | +50,000 | $198K |
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 |
|---|---|---|
| PENNEY J C INCreduced | -3,887,606 | -$11.7M |
| BKDexited | -450,000 | -$4.37M |
| ICONIX BRAND GROUP INCexited | -2,923,357 | -$3.77M |
| CHESEPEAKE ENERGY CORPexited | -939,300 | -$3.72M |
| THCreduced | -120,000 | -$2.91M |
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 2018
Share positions as resolved from 13F-HR 0001565772-18-000003, largest first. % of portfolio is the value over $256,290,000, the sum of the share positions whose value is usable for ratios (method).
| Security | History | Shares | Value | % of portfolio | Change | Latest event | Timeline |
|---|---|---|---|---|---|---|---|
| EXPEEXPEDIA GROUP INC | 49,406 | $5.46M | 2.13% | new | Timeline | ||
| GNC HLDGS INCGNC HLDGS INC | 1,340,283 | $5.17M | 2.02% | +687,244 | |||
| GMEGAMESTOP CORP | 276,286 | $3.49M | 1.36% | +170,000 | Timeline | ||
| CARAVIS BUDGET GROUP INC | 40,000 | $1.87M | 0.73% | 0 | Timeline | ||
| WEATHERFORD INTL INC ORD SHSWEATHERFORD INTL INC ORD SHS | 655,000 | $1.5M | 0.59% | -10,000 | |||
| PENNEY J C INCPENNEY J C INC | 492,800 | $1.49M | 0.58% | -3,887,606 | |||
| THCTENET HEALTHCARE CORP | 53,472 | $1.3M | 0.51% | -120,000 | Timeline | ||
| Whiting Petroleum CorporaWhiting Petroleum Corpora | 35,750 | $1.21M | 0.47% | 0 | |||
| HERTZ GLOBAL HLDGS INCHERTZ GLOBAL HLDGS INC | 55,000 | $1.09M | 0.43% | 0 | |||
| Mallinckrodt PlcMallinckrodt Plc | 72,245 | $1.05M | 0.41% | -159,874 | |||
| WEIGHT WATCHERS INTL INCWEIGHT WATCHERS INTL INC | 14,572 | $929K | 0.36% | -28,000 | |||
| FCXFREEPORT MCMORAN INC | 50,000 | $879K | 0.34% | -50,000 | Timeline | ||
| CYHCOMMUNITY HEALTH SYS INC NEW | 205,272 | $813K | 0.32% | +50,000 | Timeline | ||
| SANOFISANOFI | 1,510,000 | $638K | 0.25% | 0 | |||
| CENTURYLINK INCCENTURYLINK INC | 36,300 | $596K | 0.23% | -92,100 | |||
| PSECPROSPECT CAP CORP | 68,600 | $449K | 0.18% | -156,400 | Timeline | ||
| FRONTIER COMMUNICATIONS CORPFRONTIER COMMUNICATIONS CORP | 51,000 | $378K | 0.15% | new | |||
| RITEAID CORPRITEAID CORP | 75,000 | $126K | 0.05% | 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 | 544,420 | $173M | -346,681 |
| RHRH COM | put | 1,787,100 | $151M | -82,700 |
| WEIGHT WATCHERS INTL INCWEIGHT WATCHERS INTL INC COM | put | 1,852,300 | $118M | +424,200 |
| HLFHERBALIFE LTD COM SHS | put | 1,570,800 | $67.9M | +520,300 |
| VVISA INC COM | put | 424,300 | $44.7M | 0 |
| TXTTEXTRON INC Stock | put | 800,000 | $43.1M | 0 |
| EXPEEXPEDIA GROUP INC Stock | put | 288,500 | $41.5M | 0 |
| AAPLAPPLE INC COM | put | 263,500 | $40.6M | new |
| DUKDUKE ENERGY CORP NEW COM | put | 468,000 | $39.3M | 0 |
| NVDANVIDIA CORPORATION COM | put | 216,500 | $38.7M | 0 |
| ELLAUDER ESTEE COS INC Stock | put | 356,200 | $38.4M | 0 |
| BABAALIBABA GROUP HLDG LTD SPONSORED ADS | put | 213,000 | $36.8M | new |
| AMZNAMAZON COM INC COM | put | 37,100 | $35.7M | -17,500 |
| AALAMERICAN AIRLINES GROUP INC Stock | put | 733,700 | $34.8M | -5,796,800 |
| CVXCHEVRON CORPORATION COM | put | 295,000 | $34.7M | 0 |
| NAVISTAR INTERNATIONALNAVISTAR INTERNATIONAL COMMON STOCK | put | 976,500 | $34.1M | -4,519,700 |
| 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 |
| STZCONSTELLATION BRANDS INC Stock | put | 160,600 | $32M | -43,300 |
| 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 |
| Mallinckrodt PlcMallinckrodt Plc SHS | put | 1,343,700 | $31.4M | +137,000 |
| NBISNEBIUS GROUP N.V. SHS CLASS A | put | 775,000 | $30.6M | -1,467,200 |
| VALEANT PHARMACEUTICALS INTLVALEANT PHARMACEUTICALS INTL COM | put | 1,861,900 | $29.5M | -324,100 |
| SLBSLB LIMITED COM | put | 392,200 | $27.4M | 0 |
| CENTURYLINK INCCENTURYLINK INC COM | put | 1,408,100 | $24.4M | -194,500 |
| CSIQCANADIAN SOLAR INC COM | put | 1,337,000 | $21.9M | -414,500 |
| CSXCSX CORP COM | put | 342,300 | $18.6M | 0 |
| VRTXVERTEX PHARMACEUTICALS INC COM | put | 121,700 | $18.5M | 0 |
| ICEINTERCONTINENTAL EXCHANGE IN COM | put | 268,700 | $18.5M | 0 |
| CALIFORNIA RES CORPCALIFORNIA RES CORP COM NEW | put | 1,195,600 | $14.8M | -63,500 |
| GNC HLDGS INCGNC HLDGS INC COM CL A | put | 3,689,000 | $14.7M | -146,700 |
| PSECPROSPECT CAP CORP COM | put | 2,109,200 | $13.9M | -2,216,300 |
| UNITI GROUP INCUNITI GROUP INC COM | put | 814,400 | $13.1M | new |
| DISH NETWORK CORPORATIONDISH NETWORK CORPORATION CL A | put | 192,100 | $10.3M | new |
| GOGOGOGO INC COM | put | 1,163,200 | $10.1M | new |
| AK STEEL HOLDING CORPAK STEEL HOLDING CORP COM | put | 1,420,000 | $7.94M | new |
| GMEGAMESTOP CORP CL A | put | 464,300 | $6.36M | +37,900 |
| GENERAL ELEC COGENERAL ELEC CO COM | put | 250,000 | $6.04M | -1,170,000 |
| RHRH COM | call | 80,000 | $5.63M | new |
| THCTENET HEALTHCARE CORP Stock | put | 231,100 | $5.58M | -232,700 |
| YPFYPF SOCIEDAD ANONIMA SPON ADR CL D | put | 226,800 | $4.92M | -308,700 |
| Whiting Petroleum CorporaWhiting Petroleum Corpora COM NEW | put | 146,600 | $4.84M | -33,400 |
| LAYNE CHRISTENSEN COLAYNE CHRISTENSEN CO COM | put | 258,500 | $3.74M | new |
| ENERGEN CORPENERGEN CORP COM | put | 65,900 | $3.64M | +60,900 |
| WEB.COM GROUP INCWEB.COM GROUP INC COMMON STOCK | put | 200,000 | $3.62M | new |
| CYHCOMMUNITY HEALTH SYS INC NEW COMMON STOCK | put | 755,700 | $3.53M | +19,100 |
| CXCEMEX SAB DE CV ADR | put | 425,200 | $2.81M | -2,640,248 |
| SKTTANGER INC COM | put | 127,600 | $2.81M | new |
| HLFHERBALIFE LTD COM SHS | call | 76,400 | $2.59M | new |
| NAVISTAR INTERNATIONALNAVISTAR INTERNATIONAL COMMON STOCK | call | 50,000 | $2.2M | new |
| AVON PRODS INCAVON PRODS INC COM | call | 633,600 | $1.8M | -269,500 |
| BKDBROOKDALE SR LIVING INC COM | put | 215,300 | $1.45M | -1,705,600 |
| FRONTIER COMMUNICATIONS CORPFRONTIER COMMUNICATIONS CORP COM NEW | call | 168,000 | $1.25M | -18,000 |
| AVON PRODS INCAVON PRODS INC COM | put | 494,600 | $1.15M | +311,800 |
| UNITED STATES STL CORP NEWUNITED STATES STL CORP NEW COM | put | 25,700 | $904K | -1,158,400 |
| UPBDUPBOUND GROUP INC Stock | put | 76,100 | $762K | new |
| BKDBROOKDALE SR LIVING INC COM | call | 67,400 | $714K | new |
| RITEAID CORPRITEAID CORP COM | call | 400,000 | $672K | 0 |
| TEEKAY CORPORATIONTEEKAY CORPORATION COM | put | 79,900 | $654K | new |
| OCWEN FINL CORPOCWEN FINL CORP COM NEW | put | 148,000 | $610K | 0 |
| SKTTANGER INC COM | call | 22,800 | $557K | new |
| GNC HLDGS INCGNC HLDGS INC COM CL A | call | 93,800 | $362K | -141,400 |
| MATMATTEL INC COM | put | 25,000 | $352K | new |
| CSIQCANADIAN SOLAR INC COM | call | 13,700 | $231K | new |
| MBIMBIA INC COMMON STOCK | put | 20,400 | $180K | new |
| PANDORA MEDIA INCPANDORA MEDIA INC COM | call | 16,400 | $126K | 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 |
|---|---|---|---|---|
| HERBALIFE LTDHERBALIFE LTD NOTE 2.000% 8/1 | principal | 38,500,000 | $46.7M | 0 |
| NAVISTAR INTL CORP NEWNAVISTAR INTL CORP NEW NOTE 4.750 4/1 | principal | 26,500,000 | $27.3M | 0 |
| TESLA INCTESLA INC NOTE 1.250% 3/0 | principal | 21,000,000 | $20.9M | new |
| AK STL CORPAK STL CORP NOTE 5.000%11/1 | principal | 16,623,000 | $19.9M | +15,623,000 |
| SOLARCITY CORPSOLARCITY CORP NOTE 2.750%11/0 | principal | 15,829,000 | $15.5M | 0 |
| YANDEX N.V.YANDEX N.V. 1.125% CNV BDS 15/12/18 USD | principal | 15,264,000 | $15.5M | 0 |
| CANADIAN SOLAR INCCANADIAN SOLAR INC NOTE 4.250% 2/1 | principal | 13,660,000 | $13.5M | 0 |
| TESLA INCTESLA INC NOTE 0.250 3/0 | principal | 10,000,000 | $9.99M | 0 |
| GNC HoldingsGNC Holdings CONV BOND | principal | 13,351,000 | $9.45M | 0 |
| PROSPECT CAPITAL CORPORATIONPROSPECT CAPITAL CORPORATION NOTE 5.875% 1/1 | principal | 9,135,000 | $9.35M | 0 |
| GOGO INCGOGO INC NOTE 3.750 3/0 | principal | 7,500,000 | $6.67M | new |
| PROSPECT CAPITAL CORPORATIONPROSPECT CAPITAL CORPORATION NOTE 4.750% 4/1 | principal | 6,614,000 | $6.64M | +3,116,000 |
| NAVISTAR INTL CORP NEWNAVISTAR INTL CORP NEW NOTE 4.500%10/1 | principal | 5,495,000 | $5.58M | 0 |
| WEB COM GROUP INCWEB COM GROUP INC NOTE 1.000% 8/1 | principal | 5,000,000 | $4.97M | -3,250,000 |
| ARVINMERITOR INCARVINMERITOR INC CORPORATE OBLIG | principal | 4,500,000 | $4.72M | 0 |
| CEMEX SAB DE CVCEMEX SAB DE CV NOTE 3.720% 3/1 | principal | 3,800,000 | $3.93M | new |
| CARDTRONICS INCCARDTRONICS INC NOTE 1.000%12/0 | principal | 3,000,000 | $2.8M | 0 |
| DHT HOLDINGS INCDHT HOLDINGS INC DEBT 4.50010/0 | principal | 2,500,000 | $2.42M | 0 |
| WHITING PETE CORP NEWWHITING PETE CORP NEW NOTE 1.250% 4/0 | principal | 2,000,000 | $1.89M | 0 |
Sold out in Q1 2018
Positions in the previous quarter's report that this quarter's report no longer lists.
| Security | Shares before | Value before | Type |
|---|---|---|---|
| RIGTRANSOCEAN LTD | 2,170,700 | $94.4M | put |
| IAC INTERACTIVECORPIAC INTERACTIVECORP | 743,500 | $87.4M | put |
| CIT GROUP INC COM NEWCIT GROUP INC COM NEW | 1,753,200 | $86M | put |
| FCXFREEPORT MCMORAN INC | 4,985,400 | $70M | put |
| UALUNITED AIRLS HLDGS INC | 1,021,000 | $62.2M | put |
| ADBEADOBE INC | 362,100 | $54M | put |
| ALLYALLY FINL INC | 1,945,400 | $47.2M | put |
| GMGENERAL MTRS CO | 940,500 | $38M | put |
| METAMETA PLATFORMS INC | 203,600 | $34.8M | put |
| AERAERCAP HOLDINGS NV | 667,800 | $34.1M | put |
| VEREIT INCVEREIT INC | 3,557,500 | $29.5M | put |
| SEADRILL ORDSEADRILL ORD | 591,100 | $25.7M | call |
| NUANCE COMMUNICATIONS INCNUANCE COMMUNICATIONS INC | 1,592,400 | $25M | put |
| ICONIX BRAND GROUP INCICONIX BRAND GROUP INC | 4,032,000 | $22.9M | put |
| PENNEY J C INCPENNEY J C INC | 4,958,000 | $18.9M | put |
| KBHKB HOME | 723,900 | $17.5M | put |
| RIGTRANSOCEAN LTD | 400,000 | $17.4M | call |
| CLFCLEVELAND-CLIFFS INC NEW | 2,316,600 | $16.6M | put |
| NAVINAVIENT CORPORATION | 1,021,000 | $15.3M | put |
| MTARCELORMITTAL SA LUXEMBOURG | 478,005 | $12.3M | put |
| CEMEX SAB DE CVCEMEX SAB DE CV | 11,000,000 | $11.2M | principal |
| ADSKAUTODESK INC | 90,000 | $10.1M | put |
| TWITTER INCTWITTER INC | 9,000,000 | $8.62M | principal |
| DCHDAUCH CORP | 467,700 | $8.22M | put |
| BROADSOFT INCBROADSOFT INC | 154,200 | $7.76M | put |
| ULTAULTA BEAUTY INC | 29,700 | $6.71M | put |
| PROSPECT CAPITAL CORPORATIO…PROSPECT CAPITAL CORPORATION 5.75… | 6,438,000 | $6.58M | principal |
| PANWPALO ALTO NETWORKS INC | 42,500 | $6.12M | put |
| TWITTER INCTWITTER INC | 330,000 | $5.57M | put |
| RYLAND GROUP 0.250RYLAND GROUP 0.250 | 5,500,000 | $5.55M | principal |
| CHESEPEAKE ENERGY CORPCHESEPEAKE ENERGY CORP | 1,257,400 | $5.41M | put |
| NKENIKE INC | 100,000 | $5.18M | put |
| CRMSALESFORCE INC | 54,400 | $5.08M | put |
| VALEVALE S A | 500,000 | $5.04M | call |
| WDAYWORKDAY INC | 46,600 | $4.91M | put |
| LNWOLIGHT & WONDER, INC. COMMON ST | 100,000 | $4.58M | put |
| PIONEER NATURAL RESOURCES COPIONEER NATURAL RESOURCES CO | 30,000 | $4.43M | put |
| BKDBROOKDALE SR LIVING INC | 450,000 | $4.37M | shares |
| NATIONSTAR MORTGAGE HOLDINGSNATIONSTAR MORTGAGE HOLDINGS | 235,000 | $4.36M | put |
| DALDELTA AIR LINES INC | 81,100 | $3.91M | put |
| ICONIX BRAND GROUP INCICONIX BRAND GROUP INC | 2,923,357 | $3.77M | shares |
| CHESEPEAKE ENERGY CORPCHESEPEAKE ENERGY CORP | 939,300 | $3.72M | shares |
| CATCATERPILLAR INC | 26,700 | $3.33M | put |
| VALEANT PHARMACEUTICALS INTLVALEANT PHARMACEUTICALS INTL | 220,000 | $3.15M | call |
| PBRPETROLEO BRASILEIRO S A | 304,100 | $3.05M | put |
| BROOKDALE SENIOR LIVINGBROOKDALE SENIOR LIVING | 3,006,000 | $3.01M | principal |
| AMERICAN RLTY CAP PPTYS INCAMERICAN RLTY CAP PPTYS INC | 2,814,000 | $2.82M | principal |
| SEADRILL ORDSEADRILL ORD | 152,600 | $2.71M | put |
| LENLENNAR CORP | 31,600 | $1.67M | put |
| NABORS INDUSTRIES LTDNABORS INDUSTRIES LTD | 200,000 | $1.61M | call |
| JKSJINKOSOLAR HLDG CO LTD | 46,000 | $1.15M | put |
| TECKTECK RESOURCES LTD | 37,500 | $791K | call |
| PENNEY J C INCPENNEY J C INC | 180,000 | $686K | call |
| KRKROGER CO | 30,000 | $602K | put |
| RIGTRANSOCEAN LTD | 52,700 | $563K | shares |
| JBLJABIL INC | 10,600 | $303K | put |
| YPFYPF SOCIEDAD ANONIMA | 10,000 | $223K | call |
| PANDORA MEDIA INCPANDORA MEDIA INC | 10,000 | $77K | put |
| WEATHERFORD INTL INC ORD SHSWEATHERFORD INTL INC ORD SHS | 10,000 | $46K | put |
How Q1 2018 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 0001565772-18-000003 | base | 2018-05-15 | acceptance time not in the bulk data set |