BFAM Partners Cayman Ltd's Q2 2021 13F: 8 new positions, 3 exits
Form 13F-HR for the quarter ended Jun 30, 2021 · filed Aug 11, 2021 · 10 reported positions · accession 0001639101-21-000007
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Increased | ALIBABA GROUP HLDG LTD (BABA) | 49.2% | 79.3% | +30.1 pts | +1.08M sh | +1995% |
| Exited | TAKEDA PHARMACEUTICAL CO LTD (TAK) | 24.2% | — | −24.2 pts | −329K sh | −100% |
| Exited | UNITED STATES STL CORP NEW (X) | 13.3% | — | −13.3 pts | −126K sh | −100% |
| New | JD.COM INC (JD) | — | 10.9% | +10.9 pts | +442K sh | new |
| Exited | VIPSHOP HOLDINGS LIMITED (VIPS) | 9.3% | — | −9.3 pts | −77,341 sh | −100% |
| New | SUMMIT HEALTHCRE ACQUISTN CO (SMIHU) | — | 3.1% | +3.1 pts | +1M sh | new |
| New | DIDI GLOBAL INC (DIDIY) | — | 2.6% | +2.6 pts | +600K sh | new |
| New | LI AUTO INC (LI) | — | 1.0% | +1.0 pts | +93,400 sh | new |
| New | MP MATERIALS CORP (MP) | — | 1.0% | +1.0 pts | +84,500 sh | new |
| New | SNAP INC (SNAP) | — | 0.9% | +0.9 pts | +44,900 sh | new |
| New | SPLUNK INC (SPLK) | — | 0.5% | +0.5 pts | +10,300 sh | new |
| New | MISSFRESH LTD (MF) | — | 0.4% | +0.4 pts | +150K sh | new |
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: JD entered · SMIHU entered · DIDIY entered · LI entered · MP entered · SNAP entered · SPLK entered · MF entered · TAK left · X left · VIPS left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | ALIBABA GROUP HLDG LTD (BABA) | 49.2% | 79.3% | |
| 2 | JD.COM INC (JD) | 0.0% | 10.9% | Entered the top 10 |
| 3 | SUMMIT HEALTHCRE ACQUISTN CO (SMIHU) | 0.0% | 3.1% | Entered the top 10 |
| 4 | DIDI GLOBAL INC (DIDIY) | 0.0% | 2.6% | Entered the top 10 |
| 5 | LI AUTO INC (LI) | 0.0% | 1.0% | Entered the top 10 |
| 6 | MP MATERIALS CORP (MP) | 0.0% | 1.0% | Entered the top 10 |
| 7 | SNAP INC (SNAP) | 0.0% | 0.9% | Entered the top 10 |
| 8 | SPLUNK INC (SPLK) | 0.0% | 0.5% | Entered the top 10 |
| 9 | MISSFRESH LTD (MF) | 0.0% | 0.4% | Entered the top 10 |
| 10 | MELCO RESORTS AND ENTMNT LTD (MLCO) | 4.0% | 0.3% | |
| — | TAKEDA PHARMACEUTICAL CO LTD (TAK) | 24.2% | 0.0% | Left the top 10 |
| — | UNITED STATES STL CORP NEW (X) | 13.3% | 0.0% | Left the top 10 |
| — | VIPSHOP HOLDINGS LIMITED (VIPS) | 9.3% | 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 |
|---|---|---|---|---|---|
| Increased | ALIBABA GROUP HLDG LTD (BABA) | Call | 230K | 1.6M | $363M |
| Exited | ISHARES TR (LQD) | Put | 800K | 0 | $0 |
| New | SPDR GOLD TR (GLD) | Call | 0 | 550K | $91.1M |
| Exited | ISHARES TR (HYG) | Put | 750K | 0 | $0 |