Pomelo Capital LLC
Follow13F filer, CIK 1565772, NEW YORK, NY
Pomelo Capital LLC reported $1,023,253,000 across 80 holdings for the quarter ended 2018-06-30, in a 13F-HR filed 2018-08-14. Its ten largest share positions make up 67.26% of the portfolio.
Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001565772-18-000004
- Period
- 2018-06-30
- Reported value
- $1.02B
- Holdings
- 80
- Top 10 weight
- 67.26%
- New
- 14
- Sold out
- 40
Largest buys vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| Mallinckrodt Plcadded | +169,052 | $3.15M |
| VALEANT PHARMACEUTICALS INTLnew | +60,000 | $1.39M |
| UPBDnew | +81,934 | $1.21M |
| YPFnew | +40,000 | $543K |
| GMEadded | +28,600 | $417K |
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 |
|---|---|---|
| EXPEexited | -49,406 | -$5.46M |
| WEATHERFORD INTL INC ORD SHSreduced | -454,779 | -$1.5M |
| THCexited | -53,472 | -$1.3M |
| WEIGHT WATCHERS INTL INCexited | -14,572 | -$929K |
| PENNEY J C INCreduced | -388,442 | -$908K |
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, Q2 2018
Share positions as resolved from 13F-HR 0001565772-18-000004, largest first. % of portfolio is the value over $218,369,000, the sum of the share positions whose value is usable for ratios (method).
| Security | History | Shares | Value | % of portfolio | Change | Latest event | Timeline |
|---|---|---|---|---|---|---|---|
| Mallinckrodt PlcMallinckrodt Plc | 241,297 | $4.5M | 2.06% | +169,052 | |||
| GMEGAMESTOP CORP | 304,886 | $4.44M | 2.03% | +28,600 | Timeline | ||
| GNC HLDGS INCGNC HLDGS INC | 1,166,394 | $4.11M | 1.88% | -173,889 | |||
| VALEANT PHARMACEUTICALS INTLVALEANT PHARMACEUTICALS INTL | 60,000 | $1.39M | 0.64% | new | |||
| UPBDUPBOUND GROUP INC | 81,934 | $1.21M | 0.55% | new | Timeline | ||
| Whiting Petroleum CorporaWhiting Petroleum Corpora | 20,550 | $1.08M | 0.5% | -15,200 | |||
| CARAVIS BUDGET GROUP INC | 30,860 | $1M | 0.46% | -9,140 | Timeline | ||
| CYHCOMMUNITY HEALTH SYS INC NEW | 261,844 | $869K | 0.4% | +56,572 | Timeline | ||
| FCXFREEPORT MCMORAN INC | 50,000 | $863K | 0.4% | 0 | Timeline | ||
| SANOFISANOFI | 1,366,585 | $683K | 0.31% | -143,415 | |||
| CENTURYLINK INCCENTURYLINK INC | 36,300 | $677K | 0.31% | 0 | |||
| WEATHERFORD INTL INC ORD SHSWEATHERFORD INTL INC ORD SHS | 200,221 | $659K | 0.3% | -454,779 | |||
| HERTZ GLOBAL HLDGS INCHERTZ GLOBAL HLDGS INC | 42,429 | $651K | 0.3% | -12,571 | |||
| YPFYPF SOCIEDAD ANONIMA | 40,000 | $543K | 0.25% | new | Timeline | ||
| BKDBROOKDALE SR LIVING INC | 43,060 | $391K | 0.18% | new | Timeline | ||
| FRONTIER COMMUNICATIONS CORPFRONTIER COMMUNICATIONS CORP | 51,000 | $273K | 0.13% | 0 | |||
| PSECPROSPECT CAP CORP | 40,340 | $271K | 0.12% | -28,260 | Timeline | ||
| PENNEY J C INCPENNEY J C INC | 104,358 | $244K | 0.11% | -388,442 | |||
| GOGOGOGO INC | 50,000 | $243K | 0.11% | new | Timeline | ||
| RITEAID CORPRITEAID CORP | 75,000 | $130K | 0.06% | 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 |
|---|---|---|---|---|
| RHRH COM | put | 1,022,500 | $143M | -764,600 |
| WEIGHT WATCHERS INTL INCWEIGHT WATCHERS INTL INC COM | put | 1,119,600 | $113M | -732,700 |
| HLFHERBALIFE LTD COM SHS | put | 2,034,500 | $109M | +463,700 |
| TSLATESLA INC COM | put | 229,520 | $78.7M | -314,900 |
| VALEANT PHARMACEUTICALS INTLVALEANT PHARMACEUTICALS INTL COM | put | 1,760,000 | $40.9M | -101,900 |
| NAVISTAR INTERNATIONALNAVISTAR INTERNATIONAL COMMON STOCK | put | 976,500 | $39.8M | 0 |
| TWITTER INCTWITTER INC COM | put | 750,000 | $32.8M | new |
| NBISNEBIUS GROUP N.V. SHS CLASS A | put | 775,000 | $27.8M | 0 |
| CENTURYLINK INCCENTURYLINK INC COM | put | 904,300 | $16.9M | -503,800 |
| CXCEMEX SAB DE CV ADR | put | 2,445,200 | $16M | +2,020,000 |
| Mallinckrodt PlcMallinckrodt Plc SHS | put | 830,100 | $15.5M | -513,600 |
| CALIFORNIA RES CORPCALIFORNIA RES CORP COM NEW | put | 339,200 | $15.4M | -856,400 |
| CSIQCANADIAN SOLAR INC COM | put | 1,217,200 | $14.9M | -119,800 |
| UNITI GROUP INCUNITI GROUP INC COM | put | 724,900 | $14.5M | -89,500 |
| GNC HLDGS INCGNC HLDGS INC COM CL A | put | 3,906,600 | $13.8M | +217,600 |
| PANDORA MEDIA INCPANDORA MEDIA INC COM | put | 1,678,400 | $13.2M | new |
| PSECPROSPECT CAP CORP COM | put | 1,829,900 | $12.3M | -279,300 |
| GMEGAMESTOP CORP CL A | put | 709,200 | $10.3M | +244,900 |
| Whiting Petroleum CorporaWhiting Petroleum Corpora COM NEW | put | 186,600 | $9.84M | +40,000 |
| YPFYPF SOCIEDAD ANONIMA SPON ADR CL D | put | 715,000 | $9.71M | +488,200 |
| UPBDUPBOUND GROUP INC Stock | put | 577,800 | $8.51M | +501,700 |
| DISH NETWORK CORPORATIONDISH NETWORK CORPORATION CL A | put | 247,000 | $8.3M | +54,900 |
| GOGOGOGO INC COM | put | 1,629,500 | $7.92M | +466,300 |
| THCTENET HEALTHCARE CORP Stock | put | 227,800 | $7.65M | -3,300 |
| MSGSMADISON SQUARE GRDN SPRT COR Stock | call | 18,500 | $5.74M | new |
| WEB.COM GROUP INCWEB.COM GROUP INC COMMON STOCK | put | 200,000 | $5.17M | 0 |
| SKTTANGER INC COM | put | 127,600 | $3M | 0 |
| CYHCOMMUNITY HEALTH SYS INC NEW COMMON STOCK | put | 611,500 | $2.03M | -144,200 |
| BKDBROOKDALE SR LIVING INC COM | put | 215,300 | $1.96M | 0 |
| AVON PRODS INCAVON PRODS INC COM | call | 633,600 | $1.03M | 0 |
| FRONTIER COMMUNICATIONS CORPFRONTIER COMMUNICATIONS CORP COM NEW | call | 168,000 | $900K | 0 |
| UNITED STATES STL CORP NEWUNITED STATES STL CORP NEW COM | put | 25,700 | $893K | 0 |
| MATMATTEL INC COM | put | 45,000 | $739K | +20,000 |
| PENNEY J C INCPENNEY J C INC COM | call | 300,000 | $702K | new |
| RITEAID CORPRITEAID CORP COM | call | 400,000 | $692K | 0 |
| OCWEN FINL CORPOCWEN FINL CORP COM NEW | put | 148,000 | $586K | 0 |
| TEEKAY CORPORATIONTEEKAY CORPORATION COM | put | 71,400 | $553K | -8,500 |
| GNC HLDGS INCGNC HLDGS INC COM CL A | call | 93,800 | $330K | 0 |
| ENERGEN CORPENERGEN CORP COM | put | 4,200 | $306K | -61,700 |
| SPWRQSUNPOWER CORP COM | put | 32,800 | $252K | 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 | 20,000,000 | $25.9M | -18,500,000 |
| NAVISTAR INTL CORP NEWNAVISTAR INTL CORP NEW NOTE 4.750 4/1 | principal | 20,500,000 | $21.2M | -6,000,000 |
| TESLA INCTESLA INC NOTE 1.250% 3/0 | principal | 18,099,000 | $20.4M | -2,901,000 |
| AK STL CORPAK STL CORP NOTE 5.000%11/1 | principal | 14,136,000 | $16.2M | -2,487,000 |
| YANDEX N.V.YANDEX N.V. 1.125% CNV BDS 15/12/18 USD | principal | 15,264,000 | $15.2M | 0 |
| TWITTER INCTWITTER INC NOTE 0.250% 9/1 | principal | 13,000,000 | $12.6M | new |
| CANADIAN SOLAR INCCANADIAN SOLAR INC NOTE 4.250% 2/1 | principal | 10,660,000 | $10.4M | -3,000,000 |
| TESLA INCTESLA INC NOTE 0.250 3/0 | principal | 8,262,000 | $9.12M | -1,738,000 |
| GNC HoldingsGNC Holdings CONV BOND | principal | 11,819,000 | $7.99M | -1,532,000 |
| WEATHERFORD INTL LTDWEATHERFORD INTL LTD NOTE 5.875% 7/0 | principal | 8,000,000 | $7.89M | new |
| GOGO INCGOGO INC NOTE 3.750 3/0 | principal | 8,378,000 | $7.35M | +878,000 |
| PANDORA MEDIA INCPANDORA MEDIA INC NOTE 1.750%12/0 | principal | 7,500,000 | $7.21M | new |
| CEMEX SAB DE CVCEMEX SAB DE CV NOTE 3.720% 3/1 | principal | 6,500,000 | $6.52M | new |
| PROSPECT CAPITAL CORPORATIONPROSPECT CAPITAL CORPORATION NOTE 4.750% 4/1 | principal | 5,624,000 | $5.63M | -990,000 |
| SOLARCITY CORPSOLARCITY CORP NOTE 2.750%11/0 | principal | 5,500,000 | $5.46M | -10,329,000 |
| 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 | 3,231,000 | $3.25M | -569,000 |
| WHITING PETE CORP NEWWHITING PETE CORP NEW NOTE 1.250% 4/0 | principal | 2,685,000 | $2.57M | +685,000 |
| CARDTRONICS INCCARDTRONICS INC NOTE 1.000%12/0 | principal | 2,528,000 | $2.36M | -472,000 |
| DHT HOLDINGS INCDHT HOLDINGS INC DEBT 4.50010/0 | principal | 2,140,000 | $2.19M | -360,000 |
Sold out in Q2 2018
Positions in the previous quarter's report that this quarter's report no longer lists.
| Security | Shares before | Value before | Type |
|---|---|---|---|
| VVISA INC | 424,300 | $44.7M | put |
| TXTTEXTRON INC | 800,000 | $43.1M | put |
| EXPEEXPEDIA GROUP INC | 288,500 | $41.5M | put |
| AAPLAPPLE INC | 263,500 | $40.6M | put |
| DUKDUKE ENERGY CORP NEW | 468,000 | $39.3M | put |
| NVDANVIDIA CORPORATION | 216,500 | $38.7M | put |
| ELLAUDER ESTEE COS INC | 356,200 | $38.4M | put |
| BABAALIBABA GROUP HLDG LTD | 213,000 | $36.8M | put |
| AMZNAMAZON COM INC | 37,100 | $35.7M | put |
| AALAMERICAN AIRLINES GROUP INC | 733,700 | $34.8M | put |
| CVXCHEVRON CORPORATION | 295,000 | $34.7M | put |
| EBAYEBAY INC. | 881,200 | $33.9M | put |
| PRICELINE GRP INCPRICELINE GRP INC | 18,000 | $33M | put |
| HLTHILTON WORLDWIDE HLDGS INC | 465,000 | $32.3M | put |
| STZCONSTELLATION BRANDS INC | 160,600 | $32M | put |
| CTRIP COM INTL LTDCTRIP COM INTL LTD | 605,900 | $32M | put |
| BLACKSTONE GROUP LP/THEBLACKSTONE GROUP LP/THE | 950,000 | $31.7M | put |
| LUVSOUTHWEST AIRLS CO | 562,000 | $31.5M | put |
| SLBSLB LIMITED | 392,200 | $27.4M | put |
| CSXCSX CORP | 342,300 | $18.6M | put |
| VRTXVERTEX PHARMACEUTICALS INC | 121,700 | $18.5M | put |
| ICEINTERCONTINENTAL EXCHANGE IN | 268,700 | $18.5M | put |
| PROSPECT CAPITAL CORPORATIONPROSPECT CAPITAL CORPORATION | 9,135,000 | $9.35M | principal |
| AK STEEL HOLDING CORPAK STEEL HOLDING CORP | 1,420,000 | $7.94M | put |
| GENERAL ELEC COGENERAL ELEC CO | 250,000 | $6.04M | put |
| RHRH | 80,000 | $5.63M | call |
| NAVISTAR INTL CORP NEWNAVISTAR INTL CORP NEW | 5,495,000 | $5.58M | principal |
| EXPEEXPEDIA GROUP INC | 49,406 | $5.46M | shares |
| WEB COM GROUP INCWEB COM GROUP INC | 5,000,000 | $4.97M | principal |
| LAYNE CHRISTENSEN COLAYNE CHRISTENSEN CO | 258,500 | $3.74M | put |
| HLFHERBALIFE LTD | 76,400 | $2.59M | call |
| NAVISTAR INTERNATIONALNAVISTAR INTERNATIONAL | 50,000 | $2.2M | call |
| THCTENET HEALTHCARE CORP | 53,472 | $1.3M | shares |
| AVON PRODS INCAVON PRODS INC | 494,600 | $1.15M | put |
| WEIGHT WATCHERS INTL INCWEIGHT WATCHERS INTL INC | 14,572 | $929K | shares |
| BKDBROOKDALE SR LIVING INC | 67,400 | $714K | call |
| SKTTANGER INC | 22,800 | $557K | call |
| CSIQCANADIAN SOLAR INC | 13,700 | $231K | call |
| MBIMBIA INC | 20,400 | $180K | put |
| PANDORA MEDIA INCPANDORA MEDIA INC | 16,400 | $126K | call |
How Q2 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 0001565772-18-000004 | base | 2018-08-14 | acceptance time not in the bulk data set |