Sage Capital Management, LLC
Follow13F filer, CIK 1324360, Sarasota, FL
Sage Capital Management, LLC reported $98,815,000 across 35 holdings for the quarter ended 2014-06-30, in a 13F-HR filed 2014-07-28. Its ten largest share positions make up 44.2% of the portfolio.
Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001606587-14-000147
- Period
- 2014-06-30
- Reported value
- $98.8M
- Holdings
- 35
- Top 10 weight
- 44.2%
- New
- 9
- Sold out
- 6
Largest buys vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| CWBadded | +12,000 | $606K |
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
None.
Holdings, Q2 2014
Share positions as resolved from 13F-HR 0001606587-14-000147, largest first. % of portfolio is the value over $98,815,000, the sum of the share positions whose value is usable for ratios (method).
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 |
|---|---|---|---|---|
| OMNICARE INCOMNICARE INC NOTE 3.750%12/1 | principal | 2,000,000 | $5.09M | 0 |
| FIDELITY NATIONAL FINANCIALFIDELITY NATIONAL FINANCIAL NOTE 4.250% 8/1 | principal | 3,000,000 | $4.93M | +500,000 |
| ICONIX BRAND GROUP INCICONIX BRAND GROUP INC NOTE | principal | 3,050,000 | $4.42M | 0 |
| TELEFLEX INCTELEFLEX INC NOTE 3.875% 8/0 | principal | 2,450,000 | $4.3M | 0 |
| ISTAR FINL INCISTAR FINL INC NOTE 3.000%11/1 | principal | 3,000,000 | $4.21M | new |
| HORSEHEAD HLDG CORPHORSEHEAD HLDG CORP NOTE 3.800% 7/0 | principal | 3,000,000 | $4.16M | +1,500,000 |
| JARDEN CORPJARDEN CORP NOTE 1.87 | principal | 3,000,000 | $4.14M | 0 |
| ECPG 3 11/27/17ECPG 3 11/27/17 Bond 30/360P2 U | principal | 2,650,000 | $4.05M | 0 |
| CEMEX SAB DE CVCEMEX SAB DE CV NOTE 3.750% 3/1 | principal | 2,500,000 | $3.8M | 0 |
| SEACOR HOLDINGS INCSEACOR HOLDINGS INC NOTE 2.500%12/1 | principal | 3,250,000 | $3.73M | +750,000 |
| RADIAN GROUP INCRADIAN GROUP INC NOTE 2.250% 3/0 | principal | 2,450,000 | $3.68M | +500,000 |
| CUBIST PHARMACEUTICALS INCCUBIST PHARMACEUTICALS INC NOTE | principal | 1,400,000 | $3.43M | 0 |
| DDR CORPDDR CORP NOTE | principal | 2,500,000 | $3M | +1,000,000 |
| DEALERTRACK TECHNOLOGIES INCDEALERTRACK TECHNOLOGIES INC NOTE 1.500% 3/1 | principal | 2,200,000 | $2.94M | +500,000 |
| SALIX PHARMACEUTICAL 1.500SALIX PHARMACEUTICAL 1.500 NOTE 1.500% 3/ | principal | 1,500,000 | $2.94M | +500,000 |
| WALTER INVESTMENT MANAGEMENTWALTER INVESTMENT MANAGEMENT CNV | principal | 3,000,000 | $2.76M | +500,000 |
| SANDISK CORPSANDISK CORP CORPORATE OBLIG | principal | 1,300,000 | $2.66M | -1,500,000 |
| ASCENT CAP GROUP INCASCENT CAP GROUP INC NOTE 4.000 7/1 | principal | 2,750,000 | $2.58M | 0 |
| MOLINA HEALTHCARE INCMOLINA HEALTHCARE INC NOTE 1.125% 1/1 | principal | 2,000,000 | $2.5M | new |
| COBALT INTL ENERGY INCCOBALT INTL ENERGY INC NOTE 2.625%12/0 | principal | 2,500,000 | $2.31M | new |
| ANTHEM INCANTHEM INC NOTE 2.750%10/1 | principal | 1,500,000 | $2.3M | new |
| CEMEX SAB DE CVCEMEX SAB DE CV NOTE | principal | 1,500,000 | $2.18M | +500,000 |
| MIG 5 3/15/20MIG 5 3/15/20 Bond 30/360P2 U | principal | 2,000,000 | $2.11M | new |
| WRIGHT MED GROUP INCWRIGHT MED GROUP INC NOTE 2.000% 8/1 | principal | 1,500,000 | $2.06M | -1,500,000 |
| PENNYMAC CORPPENNYMAC CORP NOTE 5.375% 5/0 | principal | 1,750,000 | $1.73M | new |
| APOLLO COML REAL EST FIN INCAPOLLO COML REAL EST FIN INC NOTE 5.500% 3/1 | principal | 1,500,000 | $1.58M | 0 |
| DRYSHIPS INC.DRYSHIPS INC. NOTE 5.000%12/0 | principal | 1,500,000 | $1.48M | 0 |
| HOME INNS & HOTELS MGMT INCHOME INNS & HOTELS MGMT INC NOTE 2.000%12/1 | principal | 1,500,000 | $1.48M | 0 |
| TESLA INCTESLA INC NOTE 1.250% 3/0 | principal | 1,500,000 | $1.45M | -500,000 |
| CHESAPEAKE ENERGY CORPCHESAPEAKE ENERGY CORP NOTE 2.250%12/1 | principal | 1,500,000 | $1.44M | -500,000 |
| SPIRIT RLTY CAP INC NEWSPIRIT RLTY CAP INC NEW NOTE 3.750% 5/1 | principal | 1,100,000 | $1.1M | new |
| WEBMD HEALTH CORPWEBMD HEALTH CORP NOTE 2.500% 1/3 | principal | 1,000,000 | $1.05M | new |
| PROSPECT CAPITAL CORPPROSPECT CAPITAL CORP NOTE | principal | 1,000,000 | $1.04M | new |
Sold out in Q2 2014
Positions in the previous quarter's report that this quarter's report no longer lists.
| Security | Shares before | Value before | Type |
|---|---|---|---|
| RTI INTL METALS INCRTI INTL METALS INC | 2,000,000 | $1.97M | principal |
| GT Advanced Technologies In…GT Advanced Technologies Inc. | 1,000,000 | $1.62M | principal |
| DFC GLOBAL CORPDFC GLOBAL CORP | 1,700,000 | $1.58M | principal |
| ALPHA NATURAL RESOURCES INCALPHA NATURAL RESOURCES INC | 1,500,000 | $1.27M | principal |
| TTM TECHNOLOGIES INCTTM TECHNOLOGIES INC | 1,000,000 | $1.11M | principal |
| STERLITE INDS INDIA LTDSTERLITE INDS INDIA LTD | 800,000 | $801K | principal |
How Q2 2014 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 0001606587-14-000147 | base | 2014-07-28 | acceptance time not in the bulk data set |