Serengeti Asset Management LP
Follow13F filer, CIK 1420299, New York, NY
Serengeti Asset Management LP reported $306,463,000 across 17 holdings for the quarter ended 2020-12-31, in a 13F-HR filed 2021-02-16. Its ten largest share positions make up 95.5% of the portfolio.
Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001172661-21-000685
- Period
- 2020-12-31
- Reported value
- $306M
- Holdings
- 17
- Top 10 weight
- 95.5%
- New
- 10
- Sold out
- 8
Largest buys vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| REINVENT TECHNOLOGY PARTNERSnew | +250,000 | $2.89M |
| PRCHnew | +335,000 | $2.72M |
| JAWS ACQUISITION CORPnew | +150,000 | $2.01M |
| FOLEY TRASIMENE ACQUISTN CORnew | +150,000 | $1.68M |
| COHN ROBBINS HOLDINGS CORPnew | +130,000 | $1.35M |
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 |
|---|---|---|
| RRRexited | -650,000 | -$11.1M |
| SIX FLAGS ENTERTAINMENT CORPreduced | -225,000 | -$7.67M |
| MR COOPER GROUP INCexited | -253,000 | -$5.65M |
| CDLXexited | -60,000 | -$4.23M |
| ATEXexited | -55,000 | -$1.8M |
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, Q4 2020
Share positions as resolved from 13F-HR 0001172661-21-000685, largest first. % of portfolio is the value over $65,717,000, the sum of the share positions whose value is usable for ratios (method).
| Security | History | Shares | Value | % of portfolio | Change | Latest event | Timeline |
|---|---|---|---|---|---|---|---|
| ATHENE HOLDING LTDATHENE HOLDING LTD | 610,000 | $26.3M | 40.04% | +10,000 | |||
| PCGPG&E CORP | 1,430,000 | $17.8M | 27.11% | -20,000 | Timeline | ||
| SIX FLAGS ENTERTAINMENT CORPSIX FLAGS ENTERTAINMENT CORP | 100,000 | $3.41M | 5.19% | -225,000 | |||
| REATA PHARMACEUTICALS INCREATA PHARMACEUTICALS INC | 25,000 | $3.09M | 4.7% | -3,000 | |||
| REINVENT TECHNOLOGY PARTNERSREINVENT TECHNOLOGY PARTNERS | 250,000 | $2.89M | 4.4% | new | |||
| PRCHPORCH GROUP INC | 335,000 | $2.72M | 4.15% | new | Timeline | ||
| JAWS ACQUISITION CORPJAWS ACQUISITION CORP | 150,000 | $2.01M | 3.06% | new | |||
| FOLEY TRASIMENE ACQUISTN CORFOLEY TRASIMENE ACQUISTN COR | 150,000 | $1.68M | 2.55% | new | |||
| HOGHARLEY DAVIDSON INC | 40,000 | $1.47M | 2.23% | -25,000 | Timeline | ||
| COHN ROBBINS HOLDINGS CORPCOHN ROBBINS HOLDINGS CORP | 130,000 | $1.35M | 2.06% | new | |||
| FOLEY TRASIMENE ACQUISITIONFOLEY TRASIMENE ACQUISITION | 60,000 | $906K | 1.38% | new | |||
| UBERUBER TECHNOLOGIES INC | 15,939 | $813K | 1.24% | new | Timeline | ||
| FOLEY TRASIMENE ACQUISITIONFOLEY TRASIMENE ACQUISITION | 150,000 | $689K | 1.05% | new | |||
| WHOLE EARTH BRANDS INCWHOLE EARTH BRANDS INC | 400,000 | $552K | 0.84% | -100,000 |
Options
Puts and calls, as filed. The amount and value describe the underlying shares, not the option premium, so they stay out of % of portfolio (H5).
| Security | Type | Amount | Value | Change |
|---|---|---|---|---|
| QQQINVESCO QQQ TR COM | put | 360,000 | $113M | -300,000 |
| REINVENT TECHNOLOGY PARTNERSREINVENT TECHNOLOGY PARTNERS CL A | call | 6,250,000 | $72.2M | new |
| YUCAIPA ACQ CRP; TNT ACQ DT…YUCAIPA ACQ CRP; TNT ACQ DT; 8/4/… COM | call | 5,500,000 | $55.5M | new |
Sold out in Q4 2020
Positions in the previous quarter's report that this quarter's report no longer lists.
| Security | Shares before | Value before | Type |
|---|---|---|---|
| SPYSTATE STR SPDR S&P 500 ETF T | 195,000 | $65.3M | put |
| RRRRED ROCK RESORTS INC | 650,000 | $11.1M | shares |
| MR COOPER GROUP INCMR COOPER GROUP INC | 253,000 | $5.65M | shares |
| CDLXCARDLYTICS INC | 60,000 | $4.23M | shares |
| ATEXANTERIX INC | 55,000 | $1.8M | shares |
| FEFIRSTENERGY CORP | 35,000 | $1M | shares |
| SESEA LTD | 5,000 | $770K | shares |
| NOGNORTHERN OIL & GAS INC | 100,000 | $574K | shares |
How Q4 2020 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 0001172661-21-000685 | base | 2021-02-16 | acceptance time not in the bulk data set |