BFAM Partners Cayman Ltd's Q3 2021 13F: 2 new positions, 7 exits
Form 13F-HR for the quarter ended Sep 30, 2021 · filed Nov 12, 2021 · 5 reported positions · accession 0001639101-21-000008
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Reduced | ALIBABA GROUP HLDG LTD (BABA) | 79.3% | 21.2% | −58.1 pts | −969K sh | −86% |
| New | FARADAY FUTRE INTLGT ELCTR I (FFIE) | — | 25.3% | +25.3 pts | +3M sh | new |
| New | BAIDU INC (BIDU) | — | 14.6% | +14.6 pts | +106K sh | new |
| Exited | DIDI GLOBAL INC (DIDIY) | 2.6% | — | −2.6 pts | −600K sh | −100% |
| Exited | LI AUTO INC (LI) | 1.0% | — | −1.0 pts | −93,400 sh | −100% |
| Exited | MP MATERIALS CORP (MP) | 1.0% | — | −1.0 pts | −84,500 sh | −100% |
| Exited | SNAP INC (SNAP) | 0.9% | — | −0.9 pts | −44,900 sh | −100% |
| Increased | SUMMIT HEALTHCRE ACQUISTN CO (SMIHU) | 3.1% | 9.8% | +6.6 pts | +85,871 sh | +9% |
| Increased | JD.COM INC (JD) | 10.9% | 29.2% | +18.3 pts | +10,500 sh | +2% |
| Exited | SPLUNK INC (SPLK) | 0.5% | — | −0.5 pts | −10,300 sh | −100% |
| Exited | MISSFRESH LTD (MF) | 0.4% | — | −0.4 pts | −150K sh | −100% |
| Exited | MELCO RESORTS AND ENTMNT LTD (MLCO) | 0.3% | — | −0.3 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: FFIE entered · BIDU entered · DIDIY left · LI left · MP left · SNAP left · SPLK left · MF left · MLCO left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | JD.COM INC (JD) | 10.9% | 29.2% | |
| 2 | FARADAY FUTRE INTLGT ELCTR I (FFIE) | 0.0% | 25.3% | Entered the top 10 |
| 3 | ALIBABA GROUP HLDG LTD (BABA) | 79.3% | 21.2% | |
| 4 | BAIDU INC (BIDU) | 0.0% | 14.6% | Entered the top 10 |
| 5 | SUMMIT HEALTHCRE ACQUISTN CO (SMIHU) | 3.1% | 9.8% | |
| — | DIDI GLOBAL INC (DIDIY) | 2.6% | 0.0% | Left the top 10 |
| — | LI AUTO INC (LI) | 1.0% | 0.0% | Left the top 10 |
| — | MP MATERIALS CORP (MP) | 1.0% | 0.0% | Left the top 10 |
| — | SNAP INC (SNAP) | 0.9% | 0.0% | Left the top 10 |
| — | SPLUNK INC (SPLK) | 0.5% | 0.0% | Left the top 10 |
| — | MISSFRESH LTD (MF) | 0.4% | 0.0% | Left the top 10 |
| — | MELCO RESORTS AND ENTMNT LTD (MLCO) | 0.3% | 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 |
|---|---|---|---|---|---|
| New | ALIBABA GROUP HLDG LTD (BABA) | Put | 0 | 300K | $44.4M |
| Increased | ALIBABA GROUP HLDG LTD (BABA) | Call | 1.6M | 2.75M | $407M |
| Reduced | SPDR GOLD TR (GLD) | Call | 550K | 300K | $49.3M |
| New | NETEASE INC (NTES) | Call | 0 | 60,000 | $5.12M |
| New | BILIBILI INC (BILI) | Call | 0 | 50,000 | $3.31M |