Sage Capital Management, LLC
Follow13F filer, CIK 1324360, Sarasota, FL
Sage Capital Management, LLC reported $104,573,000 across 39 holdings for the quarter ended 2014-09-30, in a 13F-HR filed 2014-11-05. Its ten largest share positions make up 41.31% of the portfolio.
Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001606587-14-000243
- Period
- 2014-09-30
- Reported value
- $105M
- Holdings
- 39
- Top 10 weight
- 41.31%
- New
- 11
- Sold out
- 7
Largest buys vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| CWBadded | +15,000 | $745K |
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, Q3 2014
Share positions as resolved from 13F-HR 0001606587-14-000243, largest first. % of portfolio is the value over $104,573,000, 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 | 1,925,000 | $4.61M | -75,000 |
| FIDELITY NATIONAL FINANCIALFIDELITY NATIONAL FINANCIAL NOTE 4.250% 8/1 | principal | 2,820,000 | $4.49M | -180,000 |
| CEMEX SAB DE CVCEMEX SAB DE CV NOTE 3.750% 3/1 | principal | 3,000,000 | $4.42M | +500,000 |
| ECPG 3 11/27/17ECPG 3 11/27/17 Bond 30/360P2 U | principal | 2,900,000 | $4.32M | +250,000 |
| SPANSION LLCSPANSION LLC NOTE 2.000 9/0 | principal | 2,400,000 | $4.21M | new |
| TELEFLEX INCTELEFLEX INC NOTE 3.875% 8/0 | principal | 2,400,000 | $4.16M | -50,000 |
| SALIX PHARMACEUTICAL 1.500SALIX PHARMACEUTICAL 1.500 NOTE 1.500% 3/ | principal | 1,660,000 | $4.01M | +160,000 |
| CUBIST PHARMACEUTICALS INCCUBIST PHARMACEUTICALS INC NOTE | principal | 1,700,000 | $3.96M | +300,000 |
| PRICELINE.COM INC 1.000PRICELINE.COM INC 1.000 DEBT 1.000% 3/1 | principal | 2,800,000 | $3.76M | new |
| ICONIX BRAND GROUP INCICONIX BRAND GROUP INC NOTE | principal | 2,975,000 | $3.75M | -75,000 |
| HORSEHEAD HLDG CORPHORSEHEAD HLDG CORP NOTE 3.800% 7/0 | principal | 2,900,000 | $3.73M | -100,000 |
| ISTAR FINL INCISTAR FINL INC NOTE 3.000%11/1 | principal | 2,900,000 | $3.66M | -100,000 |
| JARDEN CORPJARDEN CORP NOTE 1.87 | principal | 2,500,000 | $3.42M | -500,000 |
| SEACOR HOLDINGS INCSEACOR HOLDINGS INC NOTE 2.500%12/1 | principal | 3,150,000 | $3.38M | -100,000 |
| RADIAN GROUP INCRADIAN GROUP INC NOTE 2.250% 3/0 | principal | 2,350,000 | $3.36M | -100,000 |
| FOREST CITY ENTERPRISES INCFOREST CITY ENTERPRISES INC NOTE 3.625% 8/1 | principal | 2,900,000 | $2.99M | new |
| DEALERTRACK TECHNOLOGIES INCDEALERTRACK TECHNOLOGIES INC NOTE 1.500% 3/1 | principal | 2,200,000 | $2.86M | 0 |
| TAKE-TWO INTERACTIVE SOFTWARTAKE-TWO INTERACTIVE SOFTWAR NOTE 1.750%12/0 | principal | 2,000,000 | $2.67M | new |
| APOLLO COML REAL EST FIN INCAPOLLO COML REAL EST FIN INC NOTE 5.500% 3/1 | principal | 2,500,000 | $2.48M | +1,000,000 |
| COBALT INTL ENERGY INCCOBALT INTL ENERGY INC NOTE 2.625%12/0 | principal | 2,940,000 | $2.43M | +440,000 |
| ASCENT CAP GROUP INCASCENT CAP GROUP INC NOTE 4.000 7/1 | principal | 2,500,000 | $2.24M | -250,000 |
| VOLCANO CORPVOLCANO CORP CORPORATE OBLIG | principal | 2,500,000 | $2.15M | new |
| MOLINA HEALTHCARE INCMOLINA HEALTHCARE INC NOTE 1.125% 1/1 | principal | 1,740,000 | $2.05M | -260,000 |
| NUANCE COMMUNICATIONSNUANCE COMMUNICATIONS CORPORATE OBLIG | principal | 2,000,000 | $1.98M | new |
| HOME INNS & HOTELS MGMT INCHOME INNS & HOTELS MGMT INC NOTE 2.000%12/1 | principal | 2,000,000 | $1.94M | +500,000 |
| PENNYMAC CORPPENNYMAC CORP NOTE 5.375% 5/0 | principal | 1,750,000 | $1.72M | 0 |
| RTI INTL METALS INCRTI INTL METALS INC NOTE 1.625%10/1 | principal | 1,500,000 | $1.44M | new |
| WEB COM GROUP INCWEB COM GROUP INC NOTE 1.000% 8/1 | principal | 1,500,000 | $1.37M | new |
| WRIGHT MED GROUP INCWRIGHT MED GROUP INC NOTE 2.000% 8/1 | principal | 1,000,000 | $1.34M | -500,000 |
| MICRON TECHNOLOGY INCMICRON TECHNOLOGY INC NOTE 3.000%11/1 | principal | 1,000,000 | $1.31M | new |
| WALTER INVESTMENT MANAGEMENTWALTER INVESTMENT MANAGEMENT CNV | principal | 1,500,000 | $1.24M | -1,500,000 |
| TAKE-TWO INTERACTIVE SOFTWARTAKE-TWO INTERACTIVE SOFTWAR NOTE 1.000% 7/0 | principal | 1,000,000 | $1.24M | new |
| DRYSHIPS INC.DRYSHIPS INC. NOTE 5.000%12/0 | principal | 1,175,000 | $1.16M | -325,000 |
| PROSPECT CAPITAL CORPPROSPECT CAPITAL CORP NOTE | principal | 1,000,000 | $1.03M | 0 |
| J2 GLOBAL INCJ2 GLOBAL INC NOTE 3.250% 6/1 | principal | 1,000,000 | $997K | new |
| MIG 5 3/15/20MIG 5 3/15/20 Bond 30/360P2 U | principal | 1,000,000 | $959K | -1,000,000 |
| CHESAPEAKE ENERGY CORPCHESAPEAKE ENERGY CORP NOTE 2.250%12/1 | principal | 1,000,000 | $950K | -500,000 |
Sold out in Q3 2014
Positions in the previous quarter's report that this quarter's report no longer lists.
| Security | Shares before | Value before | Type |
|---|---|---|---|
| DDR CORPDDR CORP | 2,500,000 | $3M | principal |
| SANDISK CORPSANDISK CORP | 1,300,000 | $2.66M | principal |
| ANTHEM INCANTHEM INC | 1,500,000 | $2.3M | principal |
| CEMEX SAB DE CVCEMEX SAB DE CV | 1,500,000 | $2.18M | principal |
| TESLA INCTESLA INC | 1,500,000 | $1.45M | principal |
| SPIRIT RLTY CAP INC NEWSPIRIT RLTY CAP INC NEW | 1,100,000 | $1.1M | principal |
| WEBMD HEALTH CORPWEBMD HEALTH CORP | 1,000,000 | $1.05M | principal |
How Q3 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 0001606587-14-000243 | base | 2014-11-05 | acceptance time not in the bulk data set |