Sage Capital Management, LLC
Follow13F filer, CIK 1324360, Sarasota, FL
Sage Capital Management, LLC reported $98,265,000 across 38 holdings for the quarter ended 2015-03-31, in a 13F-HR filed 2015-04-24. Its ten largest share positions make up 39.37% of the portfolio.
Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001606587-15-000125
- Period
- 2015-03-31
- Reported value
- $98.3M
- Holdings
- 38
- Top 10 weight
- 39.37%
- New
- 15
- Sold out
- 16
Largest buys vs the previous quarter
None.
Largest sells vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| CWBreduced | -5,000 | -$239K |
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 2015
Share positions as resolved from 13F-HR 0001606587-15-000125, largest first. % of portfolio is the value over $98,265,000, 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 | $5.62M | 0 |
| TELEFLEX INCTELEFLEX INC NOTE 3.875% 8/0 | principal | 2,340,000 | $4.6M | 0 |
| ECPG 3 11/27/17ECPG 3 11/27/17 Bond 30/360P2 U | principal | 2,900,000 | $4.03M | 0 |
| SUNE 2 10/01/18SUNE 2 10/01/18 Bond 30/360P2 U | principal | 2,060,000 | $3.54M | new |
| JARDEN CORPJARDEN CORP NOTE 1.87 | principal | 1,950,000 | $3.34M | -500,000 |
| ASSERTIO THERAPEUTICS INCASSERTIO THERAPEUTICS INC NOTE 2.500% 9/0 | principal | 2,500,000 | $3.3M | new |
| CEMEX SAB DE CVCEMEX SAB DE CV NOTE 3.750% 3/1 | principal | 2,750,000 | $3.25M | +750,000 |
| BROOKDALE SENIOR LIVINGBROOKDALE SENIOR LIVING NOTE | principal | 2,300,000 | $3.21M | new |
| ANW 4 11/1/18ANW 4 11/1/18 Bond 30/360P2 U | principal | 2,500,000 | $3M | new |
| GREEN PLAINS INCGREEN PLAINS INC NOTE 3.250%10/0 | principal | 2,000,000 | $2.99M | new |
| RADIAN GROUP INCRADIAN GROUP INC NOTE 2.250% 3/0 | principal | 1,765,000 | $2.83M | 0 |
| HWAY 1.5 7/18HWAY 1.5 7/18 Bond 30/360P2 U | principal | 2,430,000 | $2.83M | new |
| FOREST CITY ENTERPRISES INCFOREST CITY ENTERPRISES INC NOTE 3.625% 8/1 | principal | 2,400,000 | $2.8M | -500,000 |
| TESARO INCTESARO INC NOTE 3.00010/0 | principal | 1,500,000 | $2.67M | new |
| ON SEMICONDUCTOR CORPON SEMICONDUCTOR CORP NOTE 2.625%12/1 | principal | 2,000,000 | $2.57M | new |
| AMRI 2.25 11/18AMRI 2.25 11/18 Bond 30/360P2 U | principal | 2,000,000 | $2.55M | 0 |
| ISTAR FINL INCISTAR FINL INC NOTE 3.000%11/1 | principal | 2,020,000 | $2.4M | -350,000 |
| ICON 1.5 3/18ICON 1.5 3/18 Bond 30/360P2 U | principal | 2,000,000 | $2.39M | new |
| ACORDA THERAPEUTICS INCACORDA THERAPEUTICS INC NOTE 1.750% 6/1 | principal | 2,320,000 | $2.37M | +750,000 |
| ALON USA ENERGY INCALON USA ENERGY INC NOTE 3.000% 9/1 | principal | 1,800,000 | $2.29M | new |
| BCOR 4.25 4/19BCOR 4.25 4/19 Bond 30/360P2 U | principal | 2,440,000 | $2.29M | +1,000,000 |
| COWEN INCCOWEN INC NOTE 3.000 3/1 | principal | 2,000,000 | $2.28M | new |
| TTM TECHNOLOGIES INCTTM TECHNOLOGIES INC NOTE 1.750%12/1 | principal | 2,000,000 | $2.19M | new |
| HORSEHEAD HLDG CORPHORSEHEAD HLDG CORP NOTE 3.800% 7/0 | principal | 2,050,000 | $2.19M | +550,000 |
| AMAG PHARMACEUTICALS INCAMAG PHARMACEUTICALS INC NOTE 2.500 2/1 | principal | 1,000,000 | $2.08M | -505,000 |
| SEACOR HOLDINGS INCSEACOR HOLDINGS INC NOTE 2.500%12/1 | principal | 2,000,000 | $2.05M | -1,150,000 |
| TAKE-TWO INTERACTIVE SOFTWARTAKE-TWO INTERACTIVE SOFTWAR NOTE 1.000% 7/0 | principal | 1,480,000 | $1.94M | +480,000 |
| CHESAPEAKE ENERGY CORPCHESAPEAKE ENERGY CORP NOTE 2.250%12/1 | principal | 2,000,000 | $1.81M | 0 |
| J2 GLOBAL INCJ2 GLOBAL INC NOTE 3.250% 6/1 | principal | 1,500,000 | $1.73M | new |
| DEALERTRACK TECHNOLOGIES INCDEALERTRACK TECHNOLOGIES INC NOTE 1.500% 3/1 | principal | 1,450,000 | $1.72M | -750,000 |
| PENNYMAC CORPPENNYMAC CORP NOTE 5.375% 5/0 | principal | 1,680,000 | $1.61M | 0 |
| SPECTRANETICS CORPSPECTRANETICS CORP MTNF 2.625% 6/0 | principal | 1,250,000 | $1.61M | -750,000 |
| VIPSHOP HLDGS LTDVIPSHOP HLDGS LTD NOTE 1.500% 3/1 | principal | 1,000,000 | $1.56M | new |
| APOLLO COML REAL EST FIN INCAPOLLO COML REAL EST FIN INC NOTE 5.500% 3/1 | principal | 1,500,000 | $1.51M | -400,000 |
| PDLI 4 2/1/18PDLI 4 2/1/18 Bond 30/360P2 U | principal | 1,544,000 | $1.48M | new |
| ASCENT CAP GROUP INCASCENT CAP GROUP INC NOTE 4.000 7/1 | principal | 1,925,000 | $1.46M | -450,000 |
| WEB COM GROUP INCWEB COM GROUP INC NOTE 1.000% 8/1 | principal | 1,500,000 | $1.38M | +50,000 |
Sold out in Q1 2015
Positions in the previous quarter's report that this quarter's report no longer lists.
| Security | Shares before | Value before | Type |
|---|---|---|---|
| ICONIX BRAND GROUP INCICONIX BRAND GROUP INC | 2,925,000 | $3.45M | principal |
| TAKE-TWO INTERACTIVE SOFTWARTAKE-TWO INTERACTIVE SOFTWAR | 1,970,000 | $2.99M | principal |
| WRIGHT MED GROUP INCWRIGHT MED GROUP INC | 2,335,000 | $2.83M | principal |
| PRICELINE.COM INC 1.000PRICELINE.COM INC 1.000 | 1,800,000 | $2.38M | principal |
| MOLINA HEALTHCARE INCMOLINA HEALTHCARE INC | 1,710,000 | $2.37M | principal |
| EMULEX CORPEMULEX CORP | 2,450,000 | $2.25M | principal |
| ELECTRONIC ARTS INCELECTRONIC ARTS INC | 1,470,000 | $2.21M | principal |
| SANDISK CORPSANDISK CORP | 980,000 | $1.88M | principal |
| QUIDEL CORPQUIDEL CORP | 1,500,000 | $1.67M | principal |
| SPIRIT RLTY CAP INC NEWSPIRIT RLTY CAP INC NEW | 1,500,000 | $1.46M | principal |
| ALLSCRIPTS HEALTHCARE SOLUTNALLSCRIPTS HEALTHCARE SOLUTN | 1,480,000 | $1.46M | principal |
| RTI INTL METALS INCRTI INTL METALS INC | 1,500,000 | $1.46M | principal |
| MICRON TECHNOLOGY INCMICRON TECHNOLOGY INC | 1,000,000 | $1.32M | principal |
| WALTER INVESTMENT MANAGEMENTWALTER INVESTMENT MANAGEMENT | 1,465,000 | $1.11M | principal |
| TESLA INCTESLA INC | 1,000,000 | $904K | principal |
| EXXI 3 12/18EXXI 3 12/18 | 1,000,000 | $286K | principal |
How Q1 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 0001606587-15-000125 | base | 2015-04-24 | acceptance time not in the bulk data set |