Caxton Associates LP's Q3 2020 13F: 147 new positions, 295 exits
Form 13F-HR for the quarter ended Sep 30, 2020 · filed Nov 16, 2020 · 280 reported positions · accession 0001567619-20-019867
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| New | EQUINOR ASA (EQNR) | — | 3.5% | +3.5 pts | +2.2M sh | new |
| Exited | ISHARES SILVER TR (SLV) | 2.9% | — | −2.9 pts | −1.7M sh | −100% |
| Increased | APTIV PLC (APTV) | 1.5% | 4.7% | +3.2 pts | +259K sh | +132% |
| Reduced | APPLE INC (AAPL) | 1.9% | 0.1% | −1.8 pts | −199K sh | −97% |
| Reduced | SPDR GOLD TR (GLD) | 41.8% | 47.8% | +6.0 pts | −115K sh | −5% |
| Increased | CABOT OIL & GAS CORP (CTRA) | 1.8% | 4.1% | +2.3 pts | +1.06M sh | +103% |
| Reduced | AMAZON COM INC (AMZN) | 3.5% | 2.6% | −0.9 pts | −5,397 sh | −42% |
| Increased | EQT CORP (EQT) | 1.2% | 3.4% | +2.1 pts | +1.26M sh | +123% |
| New | ALTICE USA INC (OPTU) | — | 1.8% | +1.8 pts | +613K sh | new |
| New | TAIWAN SEMICONDUCTOR MFG LTD (TSM) | — | 1.7% | +1.7 pts | +190K sh | new |
| Exited | ISHARES TR (EMB) | 1.7% | — | −1.7 pts | −155K sh | −100% |
| Reduced | NVIDIA CORPORATION (NVDA) | 1.5% | 0.7% | −0.8 pts | −27,489 sh | −70% |
| Reduced | SOLAREDGE TECHNOLOGIES INC (SEDG) | 0.8% | 0.0% | −0.8 pts | −58,118 sh | −97% |
| Reduced | PAYPAL HLDGS INC (PYPL) | 1.2% | 0.0% | −1.2 pts | −68,641 sh | −97% |
| New | ALPHABET INC (GOOGL) | — | 1.5% | +1.5 pts | +9,090 sh | new |
| Exited | AES CORP (AES) | 1.1% | — | −1.1 pts | −773K sh | −100% |
| Reduced | ENPHASE ENERGY INC (ENPH) | 0.6% | 0.0% | −0.5 pts | −116K sh | −97% |
| Exited | CMS ENERGY CORP (CMS) | 1.0% | — | −1.0 pts | −179K sh | −100% |
| Reduced | ZYNGA INC (ZNGA) | 0.9% | 0.0% | −0.9 pts | −962K sh | −98% |
| Exited | AMEREN CORP (AEE) | 1.0% | — | −1.0 pts | −141K sh | −100% |
| Reduced | INTUITIVE SURGICAL INC (ISRG) | 1.3% | 0.9% | −0.4 pts | −12,018 sh | −52% |
| Exited | FIRST SOLAR INC (FSLR) | 0.9% | — | −0.9 pts | −179K sh | −100% |
| Reduced | EQUINIX INC (EQIX) | 1.1% | 0.6% | −0.6 pts | −9,700 sh | −59% |
| Increased | ADVANCED MICRO DEVICES INC (AMD) | 0.0% | 0.8% | +0.8 pts | +82,184 sh | +1659% |
| Reduced | PLUG POWER INC (PLUG) | 0.5% | 0.2% | −0.3 pts | −499K sh | −83% |
| Exited | ISHARES TR (LQD) | 0.7% | — | −0.7 pts | −51,760 sh | −100% |
| Exited | SUNRUN INC (RUN) | 0.7% | — | −0.7 pts | −337K sh | −100% |
| New | ON SEMICONDUCTOR CORP (ON) | — | 0.7% | +0.7 pts | +270K sh | new |
| Exited | ATLANTICA SUSTAINABLE INFR P (AY) | 0.6% | — | −0.6 pts | −205K sh | −100% |
| Reduced | ALIBABA GROUP HLDG LTD (BABA) | 1.5% | 1.7% | +0.2 pts | −17,412 sh | −26% |
| Reduced | ZEBRA TECHNOLOGIES CORPORATI (ZBRA) | 1.1% | 0.6% | −0.4 pts | −19,736 sh | −48% |
| Exited | SUNPOWER CORP (SPWRQ) | 0.6% | — | −0.6 pts | −736K sh | −100% |
| Reduced | LAM RESEARCH CORP (LRCX) | 0.5% | 0.1% | −0.5 pts | −14,795 sh | −92% |
| Exited | CLEARWAY ENERGY INC (CWEN) | 0.6% | — | −0.6 pts | −239K sh | −100% |
| Exited | ITRON INC (ITRI) | 0.5% | — | −0.5 pts | −82,100 sh | −100% |
| Increased | ADOBE SYSTEMS INCORPORATED (ADBE) | 0.1% | 0.6% | +0.5 pts | +9,484 sh | +583% |
| Reduced | NETFLIX INC (NFLX) | 0.4% | 0.0% | −0.4 pts | −8,778 sh | −95% |
| Exited | TERRAFORM PWR INC (TERP) | 0.5% | — | −0.5 pts | −266K sh | −100% |
| Exited | HANNON ARMSTRONG SUST INFR C (HASI) | 0.5% | — | −0.5 pts | −168K sh | −100% |
| Increased | MICRON TECHNOLOGY INC (MU) | 0.3% | 0.8% | +0.5 pts | +85,400 sh | +144% |
| Reduced | SEA LTD (SE) | 0.3% | 0.1% | −0.2 pts | −25,627 sh | −85% |
| New | ISHARES TR (GTIP) | — | 0.4% | +0.4 pts | +111K sh | new |
| Reduced | INTEL CORP (INTC) | 0.4% | 0.0% | −0.4 pts | −63,663 sh | −93% |
| Exited | QORVO INC (QRVO) | 0.4% | — | −0.4 pts | −32,000 sh | −100% |
| Exited | FIDELITY NATL INFORMATION SV (FIS) | 0.3% | — | −0.3 pts | −25,300 sh | −100% |
| Exited | BLOOM ENERGY CORP (BE) | 0.3% | — | −0.3 pts | −309K sh | −100% |
| New | BOSTON SCIENTIFIC CORP (BSX) | — | 0.3% | +0.3 pts | +75,000 sh | new |
| Increased | QUALCOMM INC (QCOM) | 0.0% | 0.4% | +0.3 pts | +23,440 sh | +490% |
| Exited | TPI COMPOSITES INC (TPIC) | 0.3% | — | −0.3 pts | −127K sh | −100% |
| New | ISHARES TR (FXI) | — | 0.3% | +0.3 pts | +59,500 sh | new |
The 50 largest of 569 changes, by size of the trade. Full holdings for this quarter.
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 — 76.0% of the equity book
Changes in the top 10 this quarter: EQNR entered · EQT entered · OPTU entered · TSM entered · SLV left · AAPL left · EMB left · NVDA left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | SPDR GOLD TR (GLD) | 41.8% | 47.8% | |
| 2 | APTIV PLC (APTV) | 1.5% | 4.7% | |
| 3 | HESS CORP (HES) | 5.2% | 4.7% | |
| 4 | CABOT OIL & GAS CORP (CTRA) | 1.8% | 4.1% | |
| 5 | EQUINOR ASA (EQNR) | 0.0% | 3.5% | Entered the top 10 |
| 6 | EQT CORP (EQT) | 1.2% | 3.4% | Entered the top 10 |
| 7 | AMAZON COM INC (AMZN) | 3.5% | 2.6% | |
| 8 | ALTICE USA INC (OPTU) | 0.0% | 1.8% | Entered the top 10 |
| 9 | TAIWAN SEMICONDUCTOR MFG LTD (TSM) | 0.0% | 1.7% | Entered the top 10 |
| 10 | ALIBABA GROUP HLDG LTD (BABA) | 1.5% | 1.7% | |
| — | ISHARES SILVER TR (SLV) | 2.9% | 0.0% | Left the top 10 |
| — | APPLE INC (AAPL) | 1.9% | 0.1% | Left the top 10 |
| — | ISHARES TR (EMB) | 1.7% | 0.0% | Left the top 10 |
| — | NVIDIA CORPORATION (NVDA) | 1.5% | 0.7% | 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 | AMAZON COM INC (AMZN) | Call | 22,500 | 400 | $1.26M |
| Exited | ISHARES SILVER TR (SLV) | Put | 1.01M | 0 | $0 |
| Increased | SPDR GOLD TR (GLD) | Put | 50,000 | 100K | $17.7M |
| Exited | ISHARES TR (FXI) | Call | 100K | 0 | $0 |
| New | ISHARES SILVER TR (SLV) | Call | 0 | 175K | $3.79M |
| Exited | SPDR SER TR (XOP) | Call | 45,300 | 0 | $0 |
| New | ISHARES TR (EEM) | Call | 0 | 50,000 | $2.21M |
| Exited | STAAR SURGICAL CO (STAA) | Put | 35,000 | 0 | $0 |
| Reduced | ISHARES TR (FXI) | Put | 580K | 500K | $21M |
| Exited | APPLE INC (AAPL) | Put | 5,000 | 0 | $0 |
| New | SELECT SECTOR SPDR TR (XLF) | Call | 0 | 75,000 | $1.81M |
| Exited | BARCLAYS BK PLC (VXX) | Put | 50,000 | 0 | $0 |
| Exited | ISHARES INC (EWJ) | Put | 25,000 | 0 | $0 |
| Exited | SPDR SER TR (XOP) | Put | 25,000 | 0 | $0 |
| Reduced | APPLE INC (AAPL) | Call | 50,000 | 30,000 | $3.47M |
| Increased | SPDR GOLD TR (GLD) | Call | 41,400 | 45,000 | $7.97M |
| Exited | INVESCO QQQ TR (QQQ) | Put | 4,000 | 0 | $0 |
| Exited | HERTZ GLOBAL HLDGS INC (HTZGQ) | Put | 58,900 | 0 | $0 |