Serengeti Asset Management LP
Follow13F filer, CIK 1420299, New York, NY
Serengeti Asset Management LP reported $228,146,000 across 29 holdings for the quarter ended 2021-03-31, in a 13F-HR filed 2021-05-12. Its ten largest share positions make up 83.95% of the portfolio.
Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001172661-21-001102
- Period
- 2021-03-31
- Reported value
- $228M
- Holdings
- 29
- Top 10 weight
- 83.95%
- New
- 24
- Sold out
- 12
Largest buys vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| HLFnew | +70,000 | $3.1M |
| FIGURE ACQUISITION CORP Inew | +209,000 | $2.12M |
| ADVANCED MERGER PARTNERS IN…new | +200,000 | $2M |
| BLUESCAPE OPPORTUNITIES ACQUnew | +200,000 | $1.99M |
| AJAX Inew | +175,000 | $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.
Largest sells vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| SIX FLAGS ENTERTAINMENT CORPexited | -100,000 | -$3.41M |
| PRCHexited | -335,000 | -$2.72M |
| FOLEY TRASIMENE ACQUISTN CORexited | -150,000 | -$1.68M |
| ATHENE HOLDING LTDreduced | -30,000 | -$1.51M |
| HOGexited | -40,000 | -$1.47M |
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 2021
Share positions as resolved from 13F-HR 0001172661-21-001102, largest first. % of portfolio is the value over $74,246,000, 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 | 580,000 | $29.2M | 39.37% | -30,000 | |||
| PCGPG&E CORP | 1,361,796 | $15.9M | 21.48% | -68,204 | Timeline | ||
| HLFHERBALIFE LTD | 70,000 | $3.1M | 4.18% | new | Timeline | ||
| REINVENT TECHNOLOGY PARTNERSREINVENT TECHNOLOGY PARTNERS | 250,000 | $2.54M | 3.42% | 0 | |||
| REATA PHARMACEUTICALS INCREATA PHARMACEUTICALS INC | 25,000 | $2.49M | 3.36% | 0 | |||
| FIGURE ACQUISITION CORP IFIGURE ACQUISITION CORP I | 209,000 | $2.12M | 2.85% | new | |||
| ADVANCED MERGER PARTNERS IN…ADVANCED MERGER PARTNERS INC UNIT… | 200,000 | $2M | 2.69% | new | |||
| BLUESCAPE OPPORTUNITIES ACQUBLUESCAPE OPPORTUNITIES ACQU | 200,000 | $1.99M | 2.68% | new | |||
| AJAX IAJAX I | 175,000 | $1.8M | 2.42% | new | |||
| SESEA LTD | 5,000 | $1.12M | 1.5% | new | Timeline | ||
| RPRXROYALTY PHARMA PLC | 25,000 | $1.09M | 1.47% | new | Timeline | ||
| ALTIMETER GROWTH CORP 2ALTIMETER GROWTH CORP 2 | 100,000 | $1.04M | 1.4% | new | |||
| RMG ACQUISITION CORP IIRMG ACQUISITION CORP II | 100,000 | $1M | 1.35% | new | |||
| REINVENT TECHNOLOGY PARTNERSREINVENT TECHNOLOGY PARTNERS | 100,000 | $1M | 1.35% | new | |||
| M3 BRIGADE ACQUISITION II COM3 BRIGADE ACQUISITION II CO | 100,000 | $992K | 1.34% | new | |||
| KAIROS ACQUISITION CORPKAIROS ACQUISITION CORP | 100,000 | $975K | 1.31% | new | |||
| PAYSAFE LIMITEDPAYSAFE LIMITED | 60,000 | $810K | 1.09% | new | |||
| JAWS ACQUISITION CORPJAWS ACQUISITION CORP | 60,000 | $795K | 1.07% | -90,000 | |||
| GREENBOX POSGREENBOX POS | 50,000 | $700K | 0.94% | new | |||
| GLOBAL BLUE GROUP HOLDING AGGLOBAL BLUE GROUP HOLDING AG | 55,000,000 | $665K | 0.9% | new | |||
| JOBY AVIATION INJOBY AVIATION IN | 320,000 | $646K | 0.87% | new | |||
| HIGHCAPE CAP ACQUISITION CORHIGHCAPE CAP ACQUISITION COR | 50,000 | $596K | 0.8% | new | |||
| ALTIMETER GROWTH CORPALTIMETER GROWTH CORP | 50,000 | $585K | 0.79% | new | |||
| VESPER HEALTHCARE ACQSTN CORVESPER HEALTHCARE ACQSTN COR | 50,000 | $540K | 0.73% | new | |||
| SENSEI BIOTHERAPEUTICS INCSENSEI BIOTHERAPEUTICS INC | 20,000 | $291K | 0.39% | new | |||
| CASCADE ACQUISITION CORP WT…CASCADE ACQUISITION CORP WT EXP 1… | 100,000 | $90K | 0.12% | new | |||
| REINVENT TECHNOLOGY PARTNERSREINVENT TECHNOLOGY PARTNERS | 50,000 | $79K | 0.11% | new | |||
| PIVOTAL HOLDINGS CORPPIVOTAL HOLDINGS CORP | 1,666,600 | $18K | 0.02% | new |
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 |
|---|---|---|---|---|
| AJAX IAJAX I COM | call | 15,000,000 | $154M | new |
Sold out in Q1 2021
Positions in the previous quarter's report that this quarter's report no longer lists.
| Security | Shares before | Value before | Type |
|---|---|---|---|
| QQQINVESCO QQQ TR | 360,000 | $113M | put |
| REINVENT TECHNOLOGY PARTNERSREINVENT TECHNOLOGY PARTNERS | 6,250,000 | $72.2M | call |
| YUCAIPA ACQ CRP; TNT ACQ DT…YUCAIPA ACQ CRP; TNT ACQ DT; 8/4/… | 5,500,000 | $55.5M | call |
| SIX FLAGS ENTERTAINMENT CORPSIX FLAGS ENTERTAINMENT CORP | 100,000 | $3.41M | shares |
| PRCHPORCH GROUP INC | 335,000 | $2.72M | shares |
| FOLEY TRASIMENE ACQUISTN CORFOLEY TRASIMENE ACQUISTN COR | 150,000 | $1.68M | shares |
| HOGHARLEY DAVIDSON INC | 40,000 | $1.47M | shares |
| COHN ROBBINS HOLDINGS CORPCOHN ROBBINS HOLDINGS CORP | 130,000 | $1.35M | shares |
| FOLEY TRASIMENE ACQUISITIONFOLEY TRASIMENE ACQUISITION | 60,000 | $906K | shares |
| UBERUBER TECHNOLOGIES INC | 15,939 | $813K | shares |
| FOLEY TRASIMENE ACQUISITIONFOLEY TRASIMENE ACQUISITION | 150,000 | $689K | shares |
| WHOLE EARTH BRANDS INCWHOLE EARTH BRANDS INC | 400,000 | $552K | shares |
How Q1 2021 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 0001172661-21-001102 | base | 2021-05-12 | acceptance time not in the bulk data set |