Kite Lake Capital Management UK LLP's Q1 2025 13F: 3 new positions, 1 exit
Form 13F-HR for the quarter ended Mar 31, 2025 · filed May 15, 2025 · 6 reported positions · accession 0000919574-25-003037
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Reduced | SILICON MOTION TECHNOLOGY CO (SIMO) | 66.0% | 47.5% | −18.5 pts | −85,292 sh | −14% |
| New | ISHARES INC (TUR) | — | 7.5% | +7.5 pts | +125K sh | new |
| New | GLOBAL X FDS (ARGT) | — | 5.9% | +5.9 pts | +40,000 sh | new |
| Increased | ECHOSTAR CORP (SATS) | 30.5% | 35.3% | +4.8 pts | +100K sh | +15% |
| New | SAGE THERAPEUTICS INC (SAGE) | — | 1.5% | +1.5 pts | +105K sh | new |
| Exited | ALTICE USA INC (OPTU) | 1.3% | — | −1.3 pts | −270K 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: TUR entered · ARGT entered · SAGE entered · OPTU left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | SILICON MOTION TECHNOLOGY CO (SIMO) | 66.0% | 47.5% | |
| 2 | ECHOSTAR CORP (SATS) | 30.5% | 35.3% | |
| 3 | ISHARES INC (TUR) | 0.0% | 7.5% | Entered the top 10 |
| 4 | GLOBAL X FDS (ARGT) | 0.0% | 5.9% | Entered the top 10 |
| 5 | ALBERTSONS COS INC (ACI) | 2.1% | 2.1% | |
| 6 | SAGE THERAPEUTICS INC (SAGE) | 0.0% | 1.5% | Entered the top 10 |
| — | ALTICE USA INC (OPTU) | 1.3% | 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 |
|---|---|---|---|---|---|
| Increased | ALBERTSONS COS INC (ACI) | Call | 550K | 1M | $22M |
| Exited | WELLTOWER INC (WELL) | Put | 65,000 | 0 | $0 |