Davide Leone & Partners Investment Co Ltd's Q2 2021 13F: 35 new positions, 80 exits

Form 13F-HR for the quarter ended Jun 30, 2021 · filed Aug 16, 2021 · 55 reported positions · accession 0001172661-21-001698

View the filing on SEC.gov

What changed this quarter

Activity Security Weight before Weight now Change Shares Shares %
New WILLIS TOWERS WATSON PLC LTD (WTW) — 7.2% +7.2 pts +195K sh new
Exited CARRIER GLOBAL CORPORATION (CARR) 7.0% — −7.0 pts −1.24M sh −100%
Reduced ACADIA HEALTHCARE COMPANY IN (ACHC) 15.2% 13.8% −1.5 pts −617K sh −31%
Exited OTIS WORLDWIDE CORP (OTIS) 5.8% — −5.8 pts −636K sh −100%
New VMWARE INC (VMW) — 5.4% +5.4 pts +210K sh new
New VIMEO INC (VMEO)
new — newly listed security (e.g. spin-off)
 — 3.7% +3.7 pts +467K sh new
Exited SALESFORCE COM INC (CRM) 3.6% — −3.6 pts −128K sh −100%
Increased KANSAS CITY SOUTHERN (KSU) 0.5% 3.3% +2.9 pts +60,728 sh +475%
Increased AMERICAN WELL CORP (AMWL) 2.9% 3.9% +1.0 pts +697K sh +56%
Reduced VONTIER CORPORATION (VNT) 10.7% 12.9% +2.2 pts −158K sh −6%
Exited AMC NETWORKS INC (AMCX) 0.5% — −0.5 pts −71,728 sh −100%
Exited GROUPON INC (GRPN) 0.5% — −0.5 pts −71,468 sh −100%
Reduced BRIGHTSPHERE INVT GROUP INC (AAMI) 0.4% 0.0% −0.3 pts −120K sh −91%
Reduced TRIUMPH GROUP INC NEW (TGI) 0.4% 0.1% −0.3 pts −133K sh −76%
Exited EOG RES INC (EOG) 0.4% — −0.4 pts −45,058 sh −100%
Exited ON SEMICONDUCTOR CORP (ON) 0.4% — −0.4 pts −76,491 sh −100%
Exited HILTON GRAND VACATIONS INC (HGV) 0.4% — −0.4 pts −81,983 sh −100%
Exited DELEK US HLDGS INC NEW (DK) 0.4% — −0.4 pts −139K sh −100%
Reduced JANUS HENDERSON GROUP PLC (JHG) 0.3% 0.1% −0.2 pts −64,308 sh −80%
Reduced CONSOLIDATED COMM HLDGS INC (CNSL) 0.4% 0.3% −0.2 pts −279K sh −60%
Exited SYNEOS HEALTH INC (SYNH) 0.4% — −0.4 pts −36,947 sh −100%
Exited VIACOMCBS INC (PARA) 0.4% — −0.4 pts −61,726 sh −100%
Exited SANDERSON FARMS INC (SAFM) 0.4% — −0.4 pts −17,719 sh −100%
Exited KRATOS DEFENSE & SEC SOLUTIO (KTOS) 0.4% — −0.4 pts −98,660 sh −100%
Exited HEXCEL CORP NEW (HXL) 0.4% — −0.4 pts −47,992 sh −100%
Reduced EVOLENT HEALTH INC (EVH) 0.4% 0.2% −0.2 pts −102K sh −66%
Exited NEUROCRINE BIOSCIENCES INC (NBIX) 0.3% — −0.3 pts −26,091 sh −100%
Exited MACQUARIE INFRASTRUCTURE COR (MIC) 0.3% — −0.3 pts −79,579 sh −100%
Reduced FIREEYE INC (FEYE) 0.4% 0.2% −0.2 pts −103K sh −62%
Exited DIAMONDBACK ENERGY INC (FANG) 0.3% — −0.3 pts −33,133 sh −100%
Exited ROLLINS INC (ROL) 0.3% — −0.3 pts −70,065 sh −100%
Exited QIAGEN NV (QGEN) 0.3% — −0.3 pts −48,849 sh −100%
Exited BLUEPRINT MEDICINES CORP (BPMC) 0.3% — −0.3 pts −23,837 sh −100%
Exited INTERSECT ENT INC (XENT) 0.3% — −0.3 pts −109K sh −100%
Exited AECOM (ACM) 0.3% — −0.3 pts −34,959 sh −100%
Exited CLOUDERA INC (CLDR) 0.3% — −0.3 pts −184K sh −100%
Exited SORRENTO THERAPEUTICS INC (SRNEQ) 0.3% — −0.3 pts −264K sh −100%
Exited ALEXION PHARMACEUTICALS INC (ALXN) 0.3% — −0.3 pts −14,236 sh −100%
New CLOUDFLARE INC (NET) — 0.3% +0.3 pts +17,010 sh new
Exited NUTANIX INC (NTNX) 0.3% — −0.3 pts −80,770 sh −100%
Exited PERSPECTA INC (PRSP) 0.3% — −0.3 pts −72,471 sh −100%
Exited SURFACE ONCOLOGY INC (SURF) 0.3% — −0.3 pts −269K sh −100%
Exited DELL TECHNOLOGIES INC (DELL) 0.3% — −0.3 pts −23,407 sh −100%
Exited WESCO INTL INC (WCC) 0.3% — −0.3 pts −23,280 sh −100%
Exited BIOHAVEN PHARMACTL HLDG CO L (BHVN) 0.3% — −0.3 pts −29,395 sh −100%
Reduced E L F BEAUTY INC (ELF) 0.3% 0.1% −0.2 pts −61,938 sh −80%
Exited PLURALSIGHT INC (PS) 0.3% — −0.3 pts −89,559 sh −100%
Exited CUBIC CORP 0.3% — −0.3 pts −26,741 sh −100%
Exited DISNEY WALT CO (DIS) 0.3% — −0.3 pts −10,808 sh −100%
Exited ZYNGA INC (ZNGA) 0.3% — −0.3 pts −195K sh −100%

The 50 largest of 132 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

† Security identifier (CUSIP) changed — read as one continuing position, not an exit and a new position:

  • IAC INTERACTIVECORP NEW (IAC): 44891N109 → 44891N208, 288K → 288K shares

Top 10 positions — 87.9% of the equity book

Changes in the top 10 this quarter: WTW entered · VMW entered · VMEO entered · CARR left · OTIS left · CRM left

# Security Weight before Weight now
1 INTERNATIONAL GAME TECHNOLOG (BRSL) 7.7% 13.8%
2 ACADIA HEALTHCARE COMPANY IN (ACHC) 15.2% 13.8%
3 VONTIER CORPORATION (VNT) 10.7% 12.9%
4 BIOMARIN PHARMACEUTICAL INC (BMRN) 9.8% 12.7%
5 ENCOMPASS HEALTH CORP (EHC) 6.7% 7.6%
6 WILLIS TOWERS WATSON PLC LTD (WTW) 0.0% 7.2% Entered the top 10
7 IAC INTERACTIVECORP NEW (IAC) 8.3% 7.1%
8 VMWARE INC (VMW) 0.0% 5.4% Entered the top 10
9 AMERICAN WELL CORP (AMWL) 2.9% 3.9%
10 VIMEO INC (VMEO) 0.0% 3.7% Entered the top 10
— CARRIER GLOBAL CORPORATION (CARR) 7.0% 0.0% Left the top 10
— OTIS WORLDWIDE CORP (OTIS) 5.8% 0.0% Left the top 10
— SALESFORCE COM INC (CRM) 3.6% 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
New INVESCO QQQ TR (QQQ) Call 0 3.88M $1.37B
New SPDR SER TR (XBI) Call 0 192K $25.9M
Exited ANGI INC (ANGI) Call 498K 0 $0