Sage Capital Management, LLC
Follow13F filer, CIK 1324360, Sarasota, FL
Sage Capital Management, LLC reported $77,105,000 across 37 holdings for the quarter ended 2015-06-30, in a 13F-HR filed 2015-07-22. Its ten largest share positions make up 39.25% of the portfolio.
Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001606587-15-000201
- Period
- 2015-06-30
- Reported value
- $77.1M
- Holdings
- 37
- Top 10 weight
- 39.25%
- New
- 11
- Sold out
- 12
Largest buys vs the previous quarter
None.
Largest sells vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| CWBreduced | -2,500 | -$119K |
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 2015
Share positions as resolved from 13F-HR 0001606587-15-000201, largest first. % of portfolio is the value over $77,105,000, 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 | 1,000,000 | $3.55M | -925,000 |
| ALON USA ENERGY INCALON USA ENERGY INC NOTE 3.000% 9/1 | principal | 2,150,000 | $3.02M | +350,000 |
| ASSERTIO THERAPEUTICS INCASSERTIO THERAPEUTICS INC NOTE 2.500% 9/0 | principal | 2,340,000 | $3.01M | -160,000 |
| TAKE-TWO INTERACTIVE SOFTWARTAKE-TWO INTERACTIVE SOFTWAR NOTE 1.000% 7/0 | principal | 2,150,000 | $2.97M | +670,000 |
| TESARO INCTESARO INC NOTE 3.00010/0 | principal | 1,500,000 | $2.75M | 0 |
| AMRI 2.25 11/18AMRI 2.25 11/18 Bond 30/360P2 U | principal | 1,930,000 | $2.69M | -70,000 |
| BROOKDALE SENIOR LIVINGBROOKDALE SENIOR LIVING NOTE | principal | 2,000,000 | $2.62M | -300,000 |
| INFINERA CORPORATIONINFINERA CORPORATION DBCV 1.750% 6/0 | principal | 1,445,000 | $2.5M | new |
| JARDEN CORPJARDEN CORP NOTE 1.87 | principal | 1,480,000 | $2.48M | -470,000 |
| ON SEMICONDUCTOR CORPON SEMICONDUCTOR CORP NOTE 2.625%12/1 | principal | 2,000,000 | $2.47M | 0 |
| VIPSHOP HLDGS LTDVIPSHOP HLDGS LTD NOTE 1.500% 3/1 | principal | 1,900,000 | $2.41M | +900,000 |
| BIOMARIN PHARMACEUTICAL INCBIOMARIN PHARMACEUTICAL INC NOTE 0.750%10/1 | principal | 1,500,000 | $2.33M | new |
| COWEN INCCOWEN INC NOTE 3.000 3/1 | principal | 1,775,000 | $2.32M | -225,000 |
| INTEGRA LIFESCIENCES HLDINTEGRA LIFESCIENCES HLD NOTE | principal | 1,750,000 | $2.13M | new |
| J2 GLOBAL INCJ2 GLOBAL INC NOTE 3.250% 6/1 | principal | 1,800,000 | $2.09M | +300,000 |
| TTM TECHNOLOGIES INCTTM TECHNOLOGIES INC NOTE 1.750%12/1 | principal | 1,720,000 | $2M | -280,000 |
| ICON 1.5 3/18ICON 1.5 3/18 Bond 30/360P2 U | principal | 1,950,000 | $1.99M | -50,000 |
| SANDISK CORPSANDISK CORP CORPORATE OBLIG | principal | 1,500,000 | $1.94M | new |
| PDLI 4 2/1/18PDLI 4 2/1/18 Bond 30/360P2 U | principal | 2,044,000 | $1.94M | +500,000 |
| ATLAS AIR WORLDWIDE HLDGS INATLAS AIR WORLDWIDE HLDGS IN NOTE 2.250% 6/0 | principal | 1,970,000 | $1.93M | new |
| CARRIAGE SVCS INCCARRIAGE SVCS INC NOTE 2.750% 3/1 | principal | 1,620,000 | $1.92M | new |
| WABASH NATL CORPWABASH NATL CORP CNV | principal | 1,500,000 | $1.88M | new |
| GREEN PLAINS INCGREEN PLAINS INC NOTE 3.250%10/0 | principal | 1,240,000 | $1.81M | -760,000 |
| RADIAN GROUP INCRADIAN GROUP INC NOTE 2.250% 3/0 | principal | 1,015,000 | $1.8M | -750,000 |
| SEACOR HOLDINGS INCSEACOR HOLDINGS INC NOTE 2.500%12/1 | principal | 1,700,000 | $1.74M | -300,000 |
| HORSEHEAD HLDG CORPHORSEHEAD HLDG CORP NOTE 3.800% 7/0 | principal | 1,700,000 | $1.74M | -350,000 |
| PENNYMAC CORPPENNYMAC CORP NOTE 5.375% 5/0 | principal | 1,680,000 | $1.57M | 0 |
| ACORDA THERAPEUTICS INCACORDA THERAPEUTICS INC NOTE 1.750% 6/1 | principal | 1,530,000 | $1.54M | -790,000 |
| ASCENT CAP GROUP INCASCENT CAP GROUP INC NOTE 4.000 7/1 | principal | 1,800,000 | $1.48M | -125,000 |
| ARAY 3.5 02/18ARAY 3.5 02/18 Bond 30/360P2 U | principal | 1,000,000 | $1.34M | new |
| ECPG 3 11/27/17ECPG 3 11/27/17 Bond 30/360P2 U | principal | 925,000 | $1.31M | -1,975,000 |
| ANW 4 11/1/18ANW 4 11/1/18 Bond 30/360P2 U | principal | 1,000,000 | $1.09M | -1,500,000 |
| NEW MTN FIN CORPNEW MTN FIN CORP NOTE 5.000 6/1 | principal | 1,050,000 | $1.05M | new |
| CHESAPEAKE ENERGY CORPCHESAPEAKE ENERGY CORP NOTE 2.250%12/1 | principal | 1,210,000 | $1.05M | -790,000 |
| QUIDEL CORPQUIDEL CORP NOTE 3.250%12/1 | principal | 1,000,000 | $1M | new |
| ENCORE CAP GROUP INCENCORE CAP GROUP INC NOTE 2.875% 3/1 | principal | 1,000,000 | $938K | new |
Sold out in Q2 2015
Positions in the previous quarter's report that this quarter's report no longer lists.
| Security | Shares before | Value before | Type |
|---|---|---|---|
| TELEFLEX INCTELEFLEX INC | 2,340,000 | $4.6M | principal |
| SUNE 2 10/01/18SUNE 2 10/01/18 | 2,060,000 | $3.54M | principal |
| CEMEX SAB DE CVCEMEX SAB DE CV | 2,750,000 | $3.25M | principal |
| HWAY 1.5 7/18HWAY 1.5 7/18 | 2,430,000 | $2.83M | principal |
| FOREST CITY ENTERPRISES INCFOREST CITY ENTERPRISES INC | 2,400,000 | $2.8M | principal |
| ISTAR FINL INCISTAR FINL INC | 2,020,000 | $2.4M | principal |
| BCOR 4.25 4/19BCOR 4.25 4/19 | 2,440,000 | $2.29M | principal |
| AMAG PHARMACEUTICALS INCAMAG PHARMACEUTICALS INC | 1,000,000 | $2.08M | principal |
| DEALERTRACK TECHNOLOGIES INCDEALERTRACK TECHNOLOGIES INC | 1,450,000 | $1.72M | principal |
| SPECTRANETICS CORPSPECTRANETICS CORP | 1,250,000 | $1.61M | principal |
| APOLLO COML REAL EST FIN INCAPOLLO COML REAL EST FIN INC | 1,500,000 | $1.51M | principal |
| WEB COM GROUP INCWEB COM GROUP INC | 1,500,000 | $1.38M | principal |
How Q2 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 0001606587-15-000201 | base | 2015-07-22 | acceptance time not in the bulk data set |