Smithwood Advisers, L.P.
Follow13F filer, CIK 1362178, Los Angeles, CA
Smithwood Advisers, L.P. reported $974,008,000 across 20 holdings for the quarter ended 2015-03-31, in a 13F-HR filed 2015-05-15. Its ten largest share positions make up 88.05% of the portfolio.
Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001144204-15-031354
- Period
- 2015-03-31
- Reported value
- $974M
- Holdings
- 20
- Top 10 weight
- 88.05%
- New
- 8
- Sold out
- 5
Largest buys vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| AALadded | +1,750,000 | $92.4M |
| AMATnew | +2,000,000 | $45.1M |
| AXPnew | +550,000 | $43M |
| CMCSAnew | +500,000 | $28.2M |
| SALIX PHARMACEUTICALS INCnew | +120,000 | $20.7M |
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 |
|---|---|---|
| YAHOO INCexited | -1,500,000 | -$75.8M |
| AZNexited | -748,200 | -$52.7M |
| SANDRIDGE ENERGY INCexited | -6,000,000 | -$10.9M |
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 0001144204-15-031354, largest first. % of portfolio is the value over $778,136,000, the sum of the share positions whose value is usable for ratios (method).
| Security | History | Shares | Value | % of portfolio | Change | Latest event | Timeline |
|---|---|---|---|---|---|---|---|
| AALAMERICAN AIRLINES GROUP INC | 2,000,000 | $106M | 13.57% | +1,750,000 | Timeline | ||
| CFCF INDUSTRIES HOLD | 350,000 | $99.3M | 12.76% | +25,000 | Timeline | ||
| YPFYPF SOCIEDAD ANONIMA | 3,255,600 | $89.4M | 11.48% | 0 | Timeline | ||
| MUMICRON TECHNOLOGY INC | 3,000,000 | $81.4M | 10.46% | +600,000 | Timeline | ||
| MSFTMICROSOFT CORP | 2,000,000 | $81.3M | 10.45% | 0 | Timeline | ||
| NWLNEWELL BRANDS INC | 1,610,000 | $62.9M | 8.08% | 0 | Timeline | ||
| DISH NETWORK CORPORATIONDISH NETWORK CORPORATION | 700,000 | $49M | 6.3% | 0 | |||
| AMATAPPLIED MATLS INC | 2,000,000 | $45.1M | 5.8% | new | Timeline | ||
| AXPAMERICAN EXPRESS CO | 550,000 | $43M | 5.52% | new | Timeline | ||
| CMCSACOMCAST CORP NEW | 500,000 | $28.2M | 3.63% | new | Timeline | ||
| LORILLARD INCLORILLARD INC | 400,000 | $26.1M | 3.36% | 0 | |||
| SALIX PHARMACEUTICALS INCSALIX PHARMACEUTICALS INC | 120,000 | $20.7M | 2.66% | new | |||
| CBS CORP NEWCBS CORP NEW | 250,000 | $15.2M | 1.95% | 0 | |||
| SUNEDISON INCSUNEDISON INC | 550,000 | $13.2M | 1.7% | 0 | |||
| FINTECH ACQUISITION CORPFINTECH ACQUISITION CORP | 1,000,000 | $10.3M | 1.33% | new | |||
| CZRCZR | 700,000 | $7.37M | 0.95% | +175,000 |
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 |
|---|---|---|---|---|
| MSFTMICROSOFT CORP COM | call | 2,000,000 | $81.3M | 0 |
| EEMISHARES TR MSCI EMG MKT ETF | put | 2,000,000 | $80.3M | new |
| SALIX PHARMACEUTICALS INCSALIX PHARMACEUTICALS INC COM | put | 120,000 | $20.7M | new |
| MUMICRON TECHNOLOGY INC COM | call | 500,000 | $13.6M | new |
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 |
|---|---|---|---|
| YAHOO INCYAHOO INC | 1,500,000 | $75.8M | shares |
| AZNASTRAZENECA PLC-SPONS ADR | 748,200 | $52.7M | shares |
| CATCATERPILLAR INC | 400,000 | $36.6M | put |
| SANDRIDGE ENERGY INCSANDRIDGE ENERGY INC | 6,000,000 | $10.9M | shares |
| REYNOLDS AMERICAN INCREYNOLDS AMERICAN INC | 150,000 | $9.64M | put |
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 0001144204-15-031354 | base | 2015-05-15 | acceptance time not in the bulk data set |