BFAM Partners Cayman Ltd's Q4 2020 13F: 3 new positions, 6 exits
Form 13F-HR for the quarter ended Dec 31, 2020 · filed Feb 10, 2021 · 6 reported positions · accession 0001639101-21-000003
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| New | ALIBABA GROUP HLDG LTD (BABA) | — | 33.6% | +33.6 pts | +112K sh | new |
| Exited | ALPHABET INC (GOOGL) | 17.9% | — | −17.9 pts | −7,614 sh | −100% |
| Reduced | APPLE INC (AAPL) | 47.7% | 34.1% | −13.6 pts | −58,413 sh | −23% |
| Increased | SPDR GOLD TR (GLD) | 11.4% | 18.4% | +7.1 pts | +40,000 sh | +100% |
| Exited | SEA LTD (SE) | 8.8% | — | −8.8 pts | −35,600 sh | −100% |
| New | CITIGROUP INC (C) | — | 8.0% | +8.0 pts | +100K sh | new |
| Exited | JD.COM INC (JD) | 4.2% | — | −4.2 pts | −33,400 sh | −100% |
| New | ZILLOW GROUP INC (Z) | — | 4.0% | +4.0 pts | +23,939 sh | new |
| Exited | BILIBILI INC (BILI) | 3.7% | — | −3.7 pts | −54,900 sh | −100% |
| Reduced | UNDER ARMOUR INC (UA) | 3.0% | 1.8% | −1.2 pts | −95,993 sh | −50% |
| Exited | CHINDATA GROUP HLDGS LTD (CD) | 1.8% | — | −1.8 pts | −70,000 sh | −100% |
| Exited | XPENG INC (XPEV) | 1.6% | — | −1.6 pts | −50,000 sh | −100% |
Reported by the fund in its Form 13F filed with the SEC; holdings are as of the quarter-end report date and may have changed since. For informational purposes only — not investment advice or a recommendation to buy or sell any security. FilingExplorer is not affiliated with or endorsed by this fund. How this brief is compiled
Top 10 positions — 100.0% of the equity book
Changes in the top 10 this quarter: BABA entered · C entered · Z entered · GOOGL left · SE left · JD left · BILI left · CD left · XPEV left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | APPLE INC (AAPL) | 47.7% | 34.1% | |
| 2 | ALIBABA GROUP HLDG LTD (BABA) | 0.0% | 33.6% | Entered the top 10 |
| 3 | SPDR GOLD TR (GLD) | 11.4% | 18.4% | |
| 4 | CITIGROUP INC (C) | 0.0% | 8.0% | Entered the top 10 |
| 5 | ZILLOW GROUP INC (Z) | 0.0% | 4.0% | Entered the top 10 |
| 6 | UNDER ARMOUR INC (UA) | 3.0% | 1.8% | |
| — | ALPHABET INC (GOOGL) | 17.9% | 0.0% | Left the top 10 |
| — | SEA LTD (SE) | 8.8% | 0.0% | Left the top 10 |
| — | JD.COM INC (JD) | 4.2% | 0.0% | Left the top 10 |
| — | BILIBILI INC (BILI) | 3.7% | 0.0% | Left the top 10 |
| — | CHINDATA GROUP HLDGS LTD (CD) | 1.8% | 0.0% | Left the top 10 |
| — | XPENG INC (XPEV) | 1.6% | 0.0% | Left the top 10 |
Weights are each position's reported value as a share of the fund's reported equity positions (options and principal-amount holdings excluded).
Option positions (puts and calls)
Reported separately from the positions above. The value a 13F reports for an option is that of the underlying shares, not the option itself.
| Activity | Security | Type | Shares before | Shares now | Reported value |
|---|---|---|---|---|---|
| Reduced | APPLE INC (AAPL) | Call | 1.25M | 252K | $33.4M |
| Reduced | APPLE INC (AAPL) | Put | 1.2M | 600K | $79.6M |
| New | ALIBABA GROUP HLDG LTD (BABA) | Put | 0 | 150K | $34.9M |
| Increased | SPDR GOLD TR (GLD) | Call | 170K | 340K | $60.6M |
| Increased | ISHARES SILVER TR (SLV) | Call | 3M | 3.5M | $86M |
| Increased | ALIBABA GROUP HLDG LTD (BABA) | Call | 230K | 380K | $88.4M |