TIDE POINT CAPITAL MANAGEMENT, LP
Follow13F filer, CIK 1590569, Old Greenwich, CT
TIDE POINT CAPITAL MANAGEMENT, LP reported $1,364,773,000 across 32 holdings for the quarter ended 2016-12-31, in a 13F-HR filed 2017-02-14. Its ten largest share positions make up 66.36% of the portfolio.
Filed (acceptance time not in the bulk data set), ingested 13F-HR 0000919574-17-001799
- Period
- 2016-12-31
- Reported value
- $1.36B
- Holdings
- 32
- Top 10 weight
- 66.36%
- New
- 20
- Sold out
- 27
Largest buys vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| CENTENNIAL RESOURCE DEV INCnew | +5,700,367 | $99.5M |
| JBLUnew | +2,701,191 | $60.6M |
| AALnew | +1,296,571 | $60.5M |
| STLDnew | +1,136,548 | $40.4M |
| SPIRIT AIRLS INCnew | +594,262 | $34.4M |
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 |
|---|---|---|
| SILVER RUN ACQUISITION CORPexited | -3,500,000 | -$63M |
| TRGPreduced | -1,109,092 | -$62.2M |
| CSXexited | -1,450,000 | -$44.2M |
| WMBexited | -1,370,000 | -$42.1M |
| APDexited | -265,000 | -$39.8M |
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 2016
Share positions as resolved from 13F-HR 0000919574-17-001799, largest first. % of portfolio is the value over $814,980,000, the sum of the share positions whose value is usable for ratios (method).
| Security | History | Shares | Value | % of portfolio | Change | Latest event | Timeline |
|---|---|---|---|---|---|---|---|
| CENTENNIAL RESOURCE DEV INCCENTENNIAL RESOURCE DEV INC | 5,700,367 | $99.5M | 12.21% | new | |||
| ALBALBEMARLE CORP | 759,336 | $65.4M | 8.02% | -148,262 | Timeline | ||
| ARCELORMITTAL FUNSPONSORED …ARCELORMITTAL FUNSPONSORED ADR 1 … | 8,330,860 | $60.8M | 7.46% | +3,830,860 | |||
| JBLUJETBLUE AIRWAYS CORP | 2,701,191 | $60.6M | 7.43% | new | Timeline | ||
| AALAMERICAN AIRLINES GROUP INC | 1,296,571 | $60.5M | 7.43% | new | Timeline | ||
| TXTTEXTRON INC | 864,381 | $42M | 5.15% | -97,388 | Timeline | ||
| STLDSTEEL DYNAMICS INC | 1,136,548 | $40.4M | 4.96% | new | Timeline | ||
| VISTA OUTDOOR INCVISTA OUTDOOR INC | 1,065,520 | $39.3M | 4.82% | -337,480 | |||
| RRRRED ROCK RESORTS INC | 1,634,587 | $37.9M | 4.65% | +1,143,787 | Timeline | ||
| SPIRIT AIRLS INCSPIRIT AIRLS INC | 594,262 | $34.4M | 4.22% | new | |||
| MPCMARATHON PETE CORP | 648,286 | $32.6M | 4.01% | new | Timeline | ||
| UNIVAR INCUNIVAR INC | 1,134,501 | $32.2M | 3.95% | -132,651 | |||
| CALIFORNIA RES CORPCALIFORNIA RES CORP | 1,350,595 | $28.8M | 3.53% | new | |||
| AMBAAMBARELLA INC | 486,212 | $26.3M | 3.23% | -63,788 | Timeline | ||
| TRGPTARGA RES CORP | 450,894 | $25.3M | 3.1% | -1,109,092 | Timeline | ||
| AK STEEL HOLDING CORPAK STEEL HOLDING CORP | 2,431,072 | $24.8M | 3.05% | new | |||
| GLNGGOLAR LNG LTD | 970,820 | $22.3M | 2.73% | -1,029,180 | Timeline | ||
| NATIONAL OILWELL VARCO INCNATIONAL OILWELL VARCO INC | 540,237 | $20.2M | 2.48% | new | |||
| TSLATESLA INC | 81,034 | $17.3M | 2.12% | +24,215 | Timeline | ||
| SQMSOCIEDAD QUIMICA Y MINERA DE | 578,789 | $16.6M | 2.03% | +428,789 | Timeline | ||
| WEATHERFORD INTL INC ORD SHSWEATHERFORD INTL INC ORD SHS | 3,241,429 | $16.2M | 1.98% | new | |||
| VERSUM MATLS INCVERSUM MATLS INC | 412,806 | $11.6M | 1.42% | 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 |
|---|---|---|---|---|
| XLUSELECT SECTOR SPDR TR SHS | put | 3,112,700 | $151M | new |
| POWERSHS DB US DOLLAR INDEX…POWERSHS DB US DOLLAR INDEX DO COM | call | 5,402,300 | $143M | new |
| XLKSELECT SECTOR SPDR TR SHS | put | 1,037,600 | $50.2M | new |
| JBLUJETBLUE AIRWAYS CORP COM | call | 2,160,900 | $48.4M | new |
| GDXVANECK ETF TRUST GOLD MINERS ETF | call | 2,160,800 | $45.2M | new |
| BABOEING CO COM | put | 259,300 | $40.4M | +74,300 |
| POTASH CORP OF SASKATCHEWANPOTASH CORP OF SASKATCHEWAN COMMON STOCK-FO | call | 1,296,700 | $23.5M | new |
| AMBAAMBARELLA INC SHS | call | 378,900 | $20.5M | new |
| SQMSOCIEDAD QUIMICA Y MINERA DE SPON ADR SER B | call | 482,200 | $13.8M | new |
| FCXFREEPORT MCMORAN INC Stock | put | 1,037,600 | $13.7M | new |
Sold out in Q4 2016
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 | 2,500,000 | $541M | call |
| IWMISHARES TR | 1,000,000 | $124M | put |
| SPDR SERIES TRUSTSPDR SERIES TRUST | 3,000,000 | $115M | call |
| SILVER RUN ACQUISITION CORPSILVER RUN ACQUISITION CORP | 3,500,000 | $63M | shares |
| CSXCSX CORP | 1,450,000 | $44.2M | shares |
| WMBWILLIAMS COS INC | 1,370,000 | $42.1M | shares |
| APDAIR PRODUCTS AND CHEMICALS I | 265,000 | $39.8M | shares |
| SPDR SERIES TRUSTSPDR SERIES TRUST | 1,000,000 | $38.5M | shares |
| CCLCARNIVAL CORP | 750,000 | $36.6M | put |
| KMIKINDER MORGAN INC DEL | 1,400,000 | $32.4M | shares |
| TECKTECK RESOURCES LTD | 1,700,000 | $30.7M | shares |
| VMCVULCAN MATLS CO | 250,000 | $28.4M | shares |
| GCP APPLIED TECHNOLOGIES INCGCP APPLIED TECHNOLOGIES INC | 1,000,000 | $28.3M | shares |
| ANADARKO PETROLEUM CORPANADARKO PETROLEUM CORP | 400,000 | $25.3M | shares |
| UNPUNION PAC CORP | 220,000 | $21.5M | shares |
| MONSANTO CO NEWMONSANTO CO NEW | 205,000 | $21M | shares |
| SMHVANECK ETF TRUST | 300,000 | $20.8M | put |
| RESTORATION HARDWARE HLDGS IRESTORATION HARDWARE HLDGS I | 600,000 | $20.7M | shares |
| Concho Resources Inc.Concho Resources Inc. | 150,000 | $20.6M | shares |
| FCXFREEPORT MCMORAN INC | 1,800,000 | $19.5M | shares |
| TECKTECK RESOURCES LTD | 1,000,000 | $18M | call |
| PPGPPG INDS INC | 150,000 | $15.5M | put |
| LOWLOWES COS INC | 200,000 | $14.4M | shares |
| PRAXAIR INCPRAXAIR INC | 75,000 | $9.06M | shares |
| HUNHUNTSMAN CORP | 500,000 | $8.13M | shares |
| SILVER RUN ACQUISITION CORPSILVER RUN ACQUISITION CORP | 427,565 | $6.73M | shares |
| GRACE W R & CO DEL NEW COMGRACE W R & CO DEL NEW COM | 50,000 | $3.69M | shares |
How Q4 2016 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 0000919574-17-001799 | base | 2017-02-14 | acceptance time not in the bulk data set |