Skip to content
Disclosery

Southpaw Asset Management LP

Follow

13F filer, CIK 1361978, Stamford, CT

Southpaw Asset Management LP reported $40,362,000 across 13 holdings for the quarter ended 2020-06-30, in a 13F-HR filed 2020-08-14. Its ten largest share positions make up 99.97% of the portfolio.

Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001172661-20-001806

Period
2020-06-30
Reported value
$40.4M
Holdings
13
Top 10 weight
99.97%
New
1
Sold out
4

Largest buys vs the previous quarter

None.

Largest sells vs the previous quarter

SecurityShares changeApprox. value
U S WELL SERVICES INCexited-1,934,338-$580K
LILIS ENERGY INCexited-2,406,735-$417K
TDWreduced-48,093-$269K

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 2020

Share positions as resolved from 13F-HR 0001172661-20-001806, largest first. % of portfolio is the value over $27,886,000, the sum of the share positions whose value is usable for ratios (method).

SecurityHistorySharesValue% of portfolioChangeLatest eventTimeline
FINJAN HLDGS INCFINJAN HLDGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2018Q3: restricted; 2018Q4: restricted; 2019Q1: restricted; 2019Q2: restricted; 2019Q3: restricted; 2019Q4: 2,688,245 shares; 2020Q1: 2,688,245 shares; 2020Q2: 2,688,245 shares 2,688,245$4.14M14.85%0
TDWTIDEWATER INC NEWQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2018Q3: restricted; 2018Q4: restricted; 2019Q1: restricted; 2019Q2: restricted; 2019Q3: restricted; 2019Q4: 758,627 shares; 2020Q1: 159,601 shares; 2020Q2: 111,508 shares 111,508$623K2.23%-48,093Timeline
NORTHERN OIL & GAS INC NEVNORTHERN OIL & GAS INC NEVQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2018Q3: restricted; 2018Q4: restricted; 2019Q1: restricted; 2019Q2: restricted; 2019Q3: restricted; 2019Q4: 382,146 shares; 2020Q1: 382,146 shares; 2020Q2: 382,146 shares 382,146$321K1.15%0
TIDEWATER INC NEWTIDEWATER INC NEWQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2018Q3: restricted; 2018Q4: restricted; 2019Q1: restricted; 2019Q2: restricted; 2019Q3: restricted; 2019Q4: 105,506 shares; 2020Q1: 105,506 shares; 2020Q2: 105,506 shares 105,506$58K0.21%0
TIDEWATER INC NEWTIDEWATER INC NEWQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2018Q3: restricted; 2018Q4: restricted; 2019Q1: restricted; 2019Q2: restricted; 2019Q3: restricted; 2019Q4: 114,059 shares; 2020Q1: 114,059 shares; 2020Q2: 114,059 shares 114,059$44K0.16%0
ROSEHILL RES INCROSEHILL RES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2018Q3: restricted; 2018Q4: restricted; 2019Q1: restricted; 2019Q2: restricted; 2019Q3: restricted; 2019Q4: 407,102 shares; 2020Q1: 407,102 shares; 2020Q2: 407,102 shares 407,102$25K0.09%0
TIDEWATER INC NEWTIDEWATER INC NEWQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2018Q3: restricted; 2018Q4: restricted; 2019Q1: restricted; 2019Q2: restricted; 2019Q3: restricted; 2019Q4: 22,341 shares; 2020Q1: 22,341 shares; 2020Q2: 22,341 shares 22,341$9K0.03%0

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).

SecurityTypeAmountValueChange
TEVATEVA PHARMACEUTICAL INDS LTD ADRcall717,100$8.84M-270,000
PLNTPLANET FITNESS MASTER ISSUER Stockput60,000$3.63Mnew

Principal amounts

Notes and convertibles filed as a face amount (PRN). A face amount is never added to a share count (H6).

SecurityTypeAmountValueChange
TWITTER INCTWITTER INC NOTE 1.000% 9/1principal10,000,000$9.8M0
TRANSOCEAN INCTRANSOCEAN INC DEB 0.500% 1/3principal15,196,000$6.15M0
RAMBUS INC DELRAMBUS INC DEL NOTE 1.375% 2/0principal3,756,000$3.91M-2,000,000
GOLAR LNG LTDGOLAR LNG LTD NOTE 2.750% 2/1principal3,860,000$2.8M0

Sold out in Q2 2020

Positions in the previous quarter's report that this quarter's report no longer lists.

SecurityShares beforeValue beforeType
SPYSTATE STR SPDR S&P 500 ETF T250,000$64.4Mput
XOPSPDR SERIES TRUST162,500$5.35Mput
U S WELL SERVICES INCU S WELL SERVICES INC1,934,338$580Kshares
LILIS ENERGY INCLILIS ENERGY INC2,406,735$417Kshares

How Q2 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).

FilingRoleAmendmentFiledAcceptedIngested
13F-HR 0001172661-20-001806 base2020-08-14acceptance time not in the bulk data set