Kite Lake Capital Management UK LLP's Q1 2023 13F: 3 new positions, 3 exits
Form 13F-HR for the quarter ended Mar 31, 2023 · filed May 15, 2023 · 9 reported positions · accession 0000919574-23-003184
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| New | NATIONAL INSTRS CORP (NATI) | — | 16.6% | +16.6 pts | +296K sh | new |
| Exited | ROGERS CORP (ROG) | 16.0% | — | −16.0 pts | −163K sh | −100% |
| Reduced | THE ODP CORP (ODP) | 29.0% | 23.8% | −5.3 pts | −278K sh | −36% |
| Reduced | DIAMOND OFFSHORE DRILLING IN (DO) | 8.2% | 0.6% | −7.5 pts | −900K sh | −95% |
| New | UBS GROUP AG (UBS) | — | 11.3% | +11.3 pts | +500K sh | new |
| Exited | VALARIS LIMITED (VAL) | 7.5% | — | −7.5 pts | −135K sh | −100% |
| New | BIOHAVEN LTD (BHVN) | — | 6.8% | +6.8 pts | +465K sh | new |
| Reduced | NOBLE CORP PLC (NE) | 8.5% | 8.0% | −0.5 pts | −83,685 sh | −31% |
| Reduced | SPORTSMANS WHSE HLDGS INC (SPWH) | 15.0% | 15.6% | +0.6 pts | −205K sh | −11% |
| Reduced | MAGNACHIP SEMICONDUCTOR CORP (MX) | 5.7% | 6.4% | +0.7 pts | −94,893 sh | −13% |
| Exited | MALLINCKRODT PLC (MNKTQ) | 0.4% | — | −0.4 pts | −60,664 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: NATI entered · UBS entered · BHVN entered · ROG left · VAL left · MNKTQ left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | THE ODP CORP (ODP) | 29.0% | 23.8% | |
| 2 | NATIONAL INSTRS CORP (NATI) | 0.0% | 16.6% | Entered the top 10 |
| 3 | SPORTSMANS WHSE HLDGS INC (SPWH) | 15.0% | 15.6% | |
| 4 | UBS GROUP AG (UBS) | 0.0% | 11.3% | Entered the top 10 |
| 5 | I-80 GOLD CORP (IAUX) | 9.6% | 10.9% | |
| 6 | NOBLE CORP PLC (NE) | 8.5% | 8.0% | |
| 7 | BIOHAVEN LTD (BHVN) | 0.0% | 6.8% | Entered the top 10 |
| 8 | MAGNACHIP SEMICONDUCTOR CORP (MX) | 5.7% | 6.4% | |
| 9 | DIAMOND OFFSHORE DRILLING IN (DO) | 8.2% | 0.6% | |
| — | ROGERS CORP (ROG) | 16.0% | 0.0% | Left the top 10 |
| — | VALARIS LIMITED (VAL) | 7.5% | 0.0% | Left the top 10 |
| — | MALLINCKRODT PLC (MNKTQ) | 0.4% | 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).