Davide Leone & Partners Investment Co Ltd's Q3 2020 13F: 3 new positions, 4 exits
Form 13F-HR for the quarter ended Sep 30, 2020 · filed Nov 16, 2020 · 13 reported positions · accession 0001172661-20-002164
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| New | BIOMARIN PHARMACEUTICAL INC (BMRN) | — | 12.1% | +12.1 pts | +904K sh | new |
| Exited | IAC INTERACTIVECORP (IAC) | 9.7% | — | −9.7 pts | −201K sh | −100% |
| New | TIFFANY & CO NEW (TIF) | — | 8.5% | +8.5 pts | +418K sh | new |
| Reduced | QIAGEN NV (QGEN) | 11.0% | 8.8% | −2.2 pts | −759K sh | −44% |
| Reduced | T-MOBILE US INC (TMUS) | 13.3% | 12.2% | −1.1 pts | −250K sh | −29% |
| Reduced | OTIS WORLDWIDE CORP (OTIS) | 11.7% | 10.3% | −1.3 pts | −430K sh | −31% |
| Exited | ADVANCED DISP SVCS INC DEL (ADSW) | 4.5% | — | −4.5 pts | −1M sh | −100% |
| Reduced | CARRIER GLOBAL CORPORATION (CARR) | 12.7% | 16.2% | +3.5 pts | −791K sh | −21% |
| Reduced | GRUBHUB INC (GRUB) | 10.2% | 8.4% | −1.8 pts | −312K sh | −32% |
| Exited | SHIFT4 PMTS INC (FOUR) | 3.5% | — | −3.5 pts | −665K sh | −100% |
| Exited | REGENERON PHARMACEUTICALS (REGN) | 2.7% | — | −2.7 pts | −29,492 sh | −100% |
| Reduced | NOKIA CORP (NOK) | 5.6% | 3.8% | −1.8 pts | −2.91M sh | −34% |
| Increased | ACADIA HEALTHCARE COMPANY IN (ACHC) | 7.3% | 10.4% | +3.1 pts | +70,260 sh | +4% |
| New | AMERICAN WELL CORP (AMWL) | — | 0.3% | +0.3 pts | +50,000 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 — 98.3% of the equity book
Changes in the top 10 this quarter: BMRN entered · TIF entered · IAC left · ADSW left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | CARRIER GLOBAL CORPORATION (CARR) | 12.7% | 16.2% | |
| 2 | T-MOBILE US INC (TMUS) | 13.3% | 12.2% | |
| 3 | BIOMARIN PHARMACEUTICAL INC (BMRN) | 0.0% | 12.1% | Entered the top 10 |
| 4 | ACADIA HEALTHCARE COMPANY IN (ACHC) | 7.3% | 10.4% | |
| 5 | OTIS WORLDWIDE CORP (OTIS) | 11.7% | 10.3% | |
| 6 | QIAGEN NV (QGEN) | 11.0% | 8.8% | |
| 7 | TIFFANY & CO NEW (TIF) | 0.0% | 8.5% | Entered the top 10 |
| 8 | GRUBHUB INC (GRUB) | 10.2% | 8.4% | |
| 9 | WARNER MUSIC GROUP CORP (WMG) | 6.6% | 7.6% | |
| 10 | NOKIA CORP (NOK) | 5.6% | 3.8% | |
| — | IAC INTERACTIVECORP (IAC) | 9.7% | 0.0% | Left the top 10 |
| — | ADVANCED DISP SVCS INC DEL (ADSW) | 4.5% | 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 |
|---|---|---|---|---|---|
| Exited | SELECT SECTOR SPDR TR (XLI) | Call | 1.44M | 0 | $0 |
| Increased | SELECT SECTOR SPDR TR (XLK) | Call | 937K | 1.35M | $158M |
| Increased | T-MOBILE US INC (TMUS) | Put | 279K | 607K | $69.4M |
| New | UNIVERSAL HLTH SVCS INC (UHS) | Call | 0 | 239K | $25.6M |