Sage Capital Management, LLC
Follow13F filer, CIK 1324360, Sarasota, FL
Sage Capital Management, LLC reported $68,727,000 across 37 holdings for the quarter ended 2015-09-30, in a 13F-HR filed 2015-10-21. Its ten largest share positions make up 40.84% of the portfolio.
Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001606587-15-000274
- Period
- 2015-09-30
- Reported value
- $68.7M
- Holdings
- 37
- Top 10 weight
- 40.84%
- New
- 11
- Sold out
- 11
Largest buys vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| ALLERGAN PLCnew | +2,500 | $2.36M |
| NEXTERA ENERGY INCnew | +20,000 | $1.03M |
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 |
|---|---|---|
| CWBreduced | -10,000 | -$447K |
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, Q3 2015
Share positions as resolved from 13F-HR 0001606587-15-000274, largest first. % of portfolio is the value over $68,727,000, the sum of the share positions whose value is usable for ratios (method).
| Security | History | Shares | Value | % of portfolio | Change | Latest event | Timeline |
|---|---|---|---|---|---|---|---|
| CWBSPDR SERIES TRUST | 88,250 | $3.95M | 5.74% | -10,000 | Timeline | ||
| ALLERGAN PLCALLERGAN PLC | 2,500 | $2.36M | 3.44% | new | |||
| NEXTERA ENERGY INCNEXTERA ENERGY INC | 20,000 | $1.03M | 1.5% | 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 |
|---|---|---|---|---|
| ASSERTIO THERAPEUTICS INCASSERTIO THERAPEUTICS INC NOTE 2.500% 9/0 | principal | 2,840,000 | $3.38M | +500,000 |
| ALON USA ENERGY INCALON USA ENERGY INC NOTE 3.000% 9/1 | principal | 2,150,000 | $2.92M | 0 |
| J2 GLOBAL INCJ2 GLOBAL INC NOTE 3.250% 6/1 | principal | 2,300,000 | $2.74M | +500,000 |
| TAKE-TWO INTERACTIVE SOFTWARTAKE-TWO INTERACTIVE SOFTWAR NOTE 1.000% 7/0 | principal | 1,900,000 | $2.71M | -250,000 |
| JARDEN CORPJARDEN CORP NOTE 1.500 6/1 | principal | 2,000,000 | $2.7M | new |
| LIGAND PHARMACEUTICALS INCLIGAND PHARMACEUTICALS INC NOTE 0.750 8/1 | principal | 2,000,000 | $2.59M | new |
| JARDEN CORPJARDEN CORP NOTE 1.87 | principal | 1,480,000 | $2.38M | 0 |
| BIOMARIN PHARMACEUTICAL INCBIOMARIN PHARMACEUTICAL INC NOTE 0.750%10/1 | principal | 1,800,000 | $2.35M | +300,000 |
| SEACOR HOLDINGS INCSEACOR HOLDINGS INC NOTE 2.500%12/1 | principal | 2,350,000 | $2.26M | +650,000 |
| AMRI 2.25 11/18AMRI 2.25 11/18 Bond 30/360P2 U | principal | 1,730,000 | $2.13M | -200,000 |
| ACORDA THERAPEUTICS INCACORDA THERAPEUTICS INC NOTE 1.750% 6/1 | principal | 2,230,000 | $2.03M | +700,000 |
| MOLINA HEALTHCARE INCMOLINA HEALTHCARE INC DBCV 1.625% 8/1 | principal | 1,560,000 | $2.03M | new |
| UNITED STATES STL CORP NEWUNITED STATES STL CORP NEW NOTE 2.750% 4/0 | principal | 2,000,000 | $1.98M | new |
| TTM TECHNOLOGIES INCTTM TECHNOLOGIES INC NOTE 1.750%12/1 | principal | 2,250,000 | $1.98M | +530,000 |
| INFINERA CORPORATIONINFINERA CORPORATION DBCV 1.750% 6/0 | principal | 1,195,000 | $1.96M | -250,000 |
| COWEN INCCOWEN INC NOTE 3.000 3/1 | principal | 1,775,000 | $1.88M | 0 |
| PDLI 4 2/1/18PDLI 4 2/1/18 Bond 30/360P2 U | principal | 2,044,000 | $1.8M | 0 |
| CARRIAGE SVCS INCCARRIAGE SVCS INC NOTE 2.750% 3/1 | principal | 1,620,000 | $1.79M | 0 |
| INTEGRA LIFESCIENCES HLDINTEGRA LIFESCIENCES HLD NOTE | principal | 1,500,000 | $1.78M | -250,000 |
| MOLINA HEALTHCARE INCMOLINA HEALTHCARE INC NOTE 1.125% 1/1 | principal | 1,000,000 | $1.75M | new |
| ATLAS AIR WORLDWIDE HLDGS INATLAS AIR WORLDWIDE HLDGS IN NOTE 2.250% 6/0 | principal | 2,070,000 | $1.68M | +100,000 |
| CLOVIS ONCOLOGY INCCLOVIS ONCOLOGY INC NOTE 2.500% 9/1 | principal | 1,000,000 | $1.67M | new |
| RADIAN GROUP INCRADIAN GROUP INC NOTE 2.250% 3/0 | principal | 1,015,000 | $1.53M | 0 |
| SPECTRANETICS CORPSPECTRANETICS CORP MTNF 2.625% 6/0 | principal | 2,000,000 | $1.51M | new |
| NEW MTN FIN CORPNEW MTN FIN CORP NOTE 5.000 6/1 | principal | 1,300,000 | $1.28M | +250,000 |
| ECPG 3 11/27/17ECPG 3 11/27/17 Bond 30/360P2 U | principal | 925,000 | $1.17M | 0 |
| ARAY 3.5 02/18ARAY 3.5 02/18 Bond 30/360P2 U | principal | 1,000,000 | $1.1M | 0 |
| PENNYMAC CORPPENNYMAC CORP NOTE 5.375% 5/0 | principal | 1,080,000 | $973K | -600,000 |
| QIHOO 360 TECHNOLOGY CO LTDQIHOO 360 TECHNOLOGY CO LTD NOTE 2.500% 9/1 | principal | 1,000,000 | $961K | new |
| ASCENT CAP GROUP INCASCENT CAP GROUP INC NOTE 4.000 7/1 | principal | 1,300,000 | $943K | -500,000 |
| SPIRIT RLTY CAP INC NEWSPIRIT RLTY CAP INC NEW NOTE 2.875% 5/1 | principal | 1,000,000 | $932K | new |
| CHESAPEAKE ENERGY CORPCHESAPEAKE ENERGY CORP NOTE 2.250%12/1 | principal | 1,210,000 | $859K | 0 |
| ENCORE CAP GROUP INCENCORE CAP GROUP INC NOTE 2.875% 3/1 | principal | 1,000,000 | $854K | 0 |
| HORSEHEAD HLDG CORPHORSEHEAD HLDG CORP NOTE 3.800% 7/0 | principal | 1,400,000 | $805K | -300,000 |
Sold out in Q3 2015
Positions in the previous quarter's report that this quarter's report no longer lists.
| Security | Shares before | Value before | Type |
|---|---|---|---|
| OMNICARE INCOMNICARE INC | 1,000,000 | $3.55M | principal |
| TESARO INCTESARO INC | 1,500,000 | $2.75M | principal |
| BROOKDALE SENIOR LIVINGBROOKDALE SENIOR LIVING | 2,000,000 | $2.62M | principal |
| ON SEMICONDUCTOR CORPON SEMICONDUCTOR CORP | 2,000,000 | $2.47M | principal |
| VIPSHOP HLDGS LTDVIPSHOP HLDGS LTD | 1,900,000 | $2.41M | principal |
| ICON 1.5 3/18ICON 1.5 3/18 | 1,950,000 | $1.99M | principal |
| SANDISK CORPSANDISK CORP | 1,500,000 | $1.94M | principal |
| WABASH NATL CORPWABASH NATL CORP | 1,500,000 | $1.88M | principal |
| GREEN PLAINS INCGREEN PLAINS INC | 1,240,000 | $1.81M | principal |
| ANW 4 11/1/18ANW 4 11/1/18 | 1,000,000 | $1.09M | principal |
| QUIDEL CORPQUIDEL CORP | 1,000,000 | $1M | principal |
How Q3 2015 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 0001606587-15-000274 | base | 2015-10-21 | acceptance time not in the bulk data set |
Filings
Every filing of this filer: 13F reports and notices, the 13D and 13G it filed or is a reporting person of, and Forms 3, 4 and 5 it reported as an owner.
| Filing | Subject | Filed | Accepted | Ingested |
|---|---|---|---|---|
| 13F-HR 0001606587-15-000274 | Quarter ended 2015-09-30 | 2015-10-21 | acceptance time not in the bulk data set | |
| 13F-HR 0001606587-15-000201 | Quarter ended 2015-06-30 | 2015-07-22 | acceptance time not in the bulk data set | |
| 13F-HR 0001606587-15-000125 | Quarter ended 2015-03-31 | 2015-04-24 | acceptance time not in the bulk data set | |
| 13F-HR 0001606587-15-000010 | Quarter ended 2014-12-31 | 2015-01-26 | acceptance time not in the bulk data set | |
| 13F-HR 0001606587-14-000243 | Quarter ended 2014-09-30 | 2014-11-05 | acceptance time not in the bulk data set | |
| 13F-HR 0001606587-14-000147 | Quarter ended 2014-06-30 | 2014-07-28 | acceptance time not in the bulk data set | |
| 13F-HR 0001606587-14-000042 | Quarter ended 2014-03-31 | 2014-05-06 | acceptance time not in the bulk data set | |
| 13F-HR 0001398344-14-000353 | Quarter ended 2013-12-31 | 2014-01-23 | acceptance time not in the bulk data set | |
| 13F-HR 0001398344-13-004975 | Quarter ended 2013-09-30 | 2013-10-24 | acceptance time not in the bulk data set | |
| 13F-HR 0001398344-13-003347 | Quarter ended 2013-06-30 | 2013-07-23 | acceptance time not in the bulk data set |