Quinn Opportunity Partners LLC's Q1 2024 13F: 62 new positions, 39 exits
Form 13F-HR for the quarter ended Mar 31, 2024 · filed May 15, 2024 · 243 reported positions · accession 0001633275-24-000005
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Reduced | CITIGROUP INC (C) | 5.4% | 1.2% | −4.2 pts | −745K sh | −82% |
| Reduced | ANSYS INC (ANSS) | 5.4% | 1.1% | −4.3 pts | −99,491 sh | −77% |
| New | CATALENT INC (CTLT) | — | 3.6% | +3.6 pts | +569K sh | new |
| New | TRICON RESIDENTIAL INC (TCN) | — | 2.5% | +2.5 pts | +1.99M sh | new |
| Reduced | VERIZON COMMUNICATIONS INC (VZ) | 4.8% | 3.1% | −1.7 pts | −448K sh | −40% |
| Reduced | WELLS FARGO & CO (WFC) | 2.9% | 1.4% | −1.5 pts | −298K sh | −59% |
| Reduced | SIX FLAGS ENTERTAINMENT CORP (SIX) | 2.1% | 0.2% | −1.9 pts | −650K sh | −91% |
| New | STARBUCKS CORP (SBUX) | — | 1.9% | +1.9 pts | +187K sh | new |
| Exited | ENDEAVOR GROUP HOLD-CLASS A (EDR) | 1.9% | — | −1.9 pts | −677K sh | −100% |
| Increased | EASTMAN KODAK CO (KODK) | 0.2% | 1.8% | +1.7 pts | +2.93M sh | +831% |
| Increased | ALPHABET INC-CL A (GOOGL) | 0.0% | 1.6% | +1.5 pts | +90,700 sh | +4535% |
| Increased | MOLSON COORS BEVERAGE CO - B (TAP) | 0.5% | 2.0% | +1.5 pts | +186K sh | +244% |
| Reduced | FIRST CITIZENS BCSHS -CL A (FCNCA) | 2.0% | 0.8% | −1.1 pts | −7,442 sh | −62% |
| Exited | WALGREENS BOOTS ALLIANCE INC (WBA) | 1.3% | — | −1.3 pts | −441K sh | −100% |
| Increased | PELOTON INTERACTIVE INC-A (PTON) | 3.7% | 3.9% | +0.2 pts | +2.75M sh | +53% |
| Exited | JETBLUE AIRWAYS CORP (JBLU) | 1.2% | — | −1.2 pts | −1.86M sh | −100% |
| New | PIONEER NATURAL RESOURCES CO (PXD) | — | 1.2% | +1.2 pts | +38,927 sh | new |
| Reduced | HERSHEY CO/THE (HSY) | 1.8% | 0.8% | −1.1 pts | −50,158 sh | −59% |
| Increased | BAIDU INC - SPON ADR (BIDU) | 0.4% | 1.4% | +1.0 pts | +91,192 sh | +299% |
| Increased | ZOOM VIDEO COMMUNICATIONS-A (ZM) | 0.6% | 1.4% | +0.9 pts | +128K sh | +188% |
| New | MDC HOLDINGS INC (MDC) | — | 0.9% | +0.9 pts | +132K sh | new |
| Increased | ALIBABA GROUP HOLDING-SP ADR (BABA) | 0.7% | 1.6% | +0.8 pts | +109K sh | +135% |
| Reduced | FIRST HORIZON CORP (FHN) | 1.0% | 0.3% | −0.7 pts | −463K sh | −73% |
| Exited | TENCENT MUSIC ENTERTAINM-ADR (TME) | 0.7% | — | −0.7 pts | −705K sh | −100% |
| Reduced | AT&T INC (T) | 2.3% | 1.7% | −0.6 pts | −323K sh | −28% |
| Increased | PHILIP MORRIS INTERNATIONAL (PM) | 0.4% | 1.0% | +0.6 pts | +57,000 sh | +146% |
| Increased | NATWEST GROUP PLC -SPON ADR (NWG) | 0.8% | 1.5% | +0.7 pts | +761K sh | +61% |
| New | BOEING CO/THE (BA) | — | 0.5% | +0.5 pts | +22,312 sh | new |
| New | CABLE ONE INC (CABO) | — | 0.5% | +0.5 pts | +10,021 sh | new |
| Reduced | SILICON MOTION TECHNOL-ADR (SIMO) | 0.6% | 0.3% | −0.3 pts | −51,851 sh | −61% |
| New | ADVANCED MICRO DEVICES (AMD) | — | 0.4% | +0.4 pts | +21,700 sh | new |
| New | UNDER ARMOUR INC-CLASS C (UA) | — | 0.4% | +0.4 pts | +527K sh | new |
| Increased | CAPRI HOLDINGS LTD (CPRI) | 0.9% | 1.2% | +0.3 pts | +82,368 sh | +53% |
| Increased | MID-AMERICA APARTMENT COMM (MAA) | 0.7% | 1.1% | +0.4 pts | +28,181 sh | +60% |
| New | JOHNSON & JOHNSON (JNJ) | — | 0.4% | +0.4 pts | +23,000 sh | new |
| Increased | BIONTECH SE-ADR (BNTX) | 8.2% | 7.4% | −0.8 pts | +38,800 sh | +6% |
| New | TELADOC HEALTH INC (TDOC) | — | 0.4% | +0.4 pts | +237K sh | new |
| New | MEDTRONIC PLC (MDT) | — | 0.4% | +0.4 pts | +40,100 sh | new |
| Reduced | HAWAIIAN ELECTRIC INDS (HE) | 1.3% | 0.6% | −0.7 pts | −306K sh | −39% |
| New | CANADA GOOSE HOLDINGS INC (GOOS) | — | 0.4% | +0.4 pts | +282K sh | new |
| New | EQUITRANS MIDSTREAM CORP (ETRN) | — | 0.4% | +0.4 pts | +266K sh | new |
| Increased | NORDSTROM INC (JWN) | 0.4% | 0.8% | +0.4 pts | +156K sh | +86% |
| Exited | HP INC (HPQ) | 0.3% | — | −0.3 pts | −100K sh | −100% |
| Increased | VIZIO HOLDING CORP-A (VZIO) | 0.9% | 1.6% | +0.7 pts | +266K sh | +25% |
| Exited | ECHOSTAR CORP-A (SATS) | 0.3% | — | −0.3 pts | −170K sh | −100% |
| Reduced | ING GROEP N.V.-SPONSORED ADR (ING) | 0.9% | 0.7% | −0.3 pts | −173K sh | −33% |
| New | MCDONALD'S CORP (MCD) | — | 0.3% | +0.3 pts | +10,100 sh | new |
| Reduced | UNITED STATES STEEL CORP (X) | 3.1% | 2.3% | −0.9 pts | −67,528 sh | −12% |
| Reduced | TOWER SEMICONDUCTOR LTD (TSEM) | 0.6% | 0.3% | −0.3 pts | −82,059 sh | −52% |
| Increased | CYTOKINETICS INC (CYTK) | 0.1% | 0.4% | +0.3 pts | +38,377 sh | +480% |
The 50 largest of 201 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:
- BUZZFEED INC (BZFD): 12430A102 → 12430A300, 772K → 1.04M shares (share count changed with the identifier; not shown as a trade)
- ADVERUM BIOTECHNOLOGIES INC (ADVM): 00773U108 → 00773U207, 398K → 26,829 shares (share count changed with the identifier; not shown as a trade)
- DOUYU INTERNATIONAL HOLD-ADR (DOYU): 25985W105 → 25985W204, 1.38M → 138K shares (share count change consistent with a stock split)
Top 10 positions — 31.3% of the equity book
Changes in the top 10 this quarter: CTLT entered · TCN entered · TAP entered · SBUX entered · KODK entered · C left · ANSS left · WFC left · T left · SIX left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | BIONTECH SE-ADR (BNTX) | 8.2% | 7.4% | |
| 2 | PELOTON INTERACTIVE INC-A (PTON) | 3.7% | 3.9% | |
| 3 | CATALENT INC (CTLT) | 0.0% | 3.6% | Entered the top 10 |
| 4 | VERIZON COMMUNICATIONS INC (VZ) | 4.8% | 3.1% | |
| 5 | BARCLAYS PLC-SPONS ADR (BCS) | 2.3% | 2.8% | |
| 6 | TRICON RESIDENTIAL INC (TCN) | 0.0% | 2.5% | Entered the top 10 |
| 7 | UNITED STATES STEEL CORP (X) | 3.1% | 2.3% | |
| 8 | MOLSON COORS BEVERAGE CO - B (TAP) | 0.5% | 2.0% | Entered the top 10 |
| 9 | STARBUCKS CORP (SBUX) | 0.0% | 1.9% | Entered the top 10 |
| 10 | EASTMAN KODAK CO (KODK) | 0.2% | 1.8% | Entered the top 10 |
| — | CITIGROUP INC (C) | 5.4% | 1.2% | Left the top 10 |
| — | ANSYS INC (ANSS) | 5.4% | 1.1% | Left the top 10 |
| — | WELLS FARGO & CO (WFC) | 2.9% | 1.4% | Left the top 10 |
| — | AT&T INC (T) | 2.3% | 1.7% | Left the top 10 |
| — | SIX FLAGS ENTERTAINMENT CORP (SIX) | 2.1% | 0.2% | 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 | SPDR S&P 500 ETF TR (SPY) | Put | 125K | 0 | $0 |
| Exited | APPLE INC (AAPL) | Put | 50,000 | 0 | $0 |
| Exited | ARES CAPITAL CORP (ARCC) | Put | 267K | 0 | $0 |
| Exited | UNITED STATES STL CORP NEW (X) | Call | 86,000 | 0 | $0 |
| New | CINTAS CORP (CTAS) | Put | 0 | 4,000 | $2.75M |
| Exited | CITIGROUP INC (C) | Call | 50,000 | 0 | $0 |
| Exited | NVIDIA CORPORATION (NVDA) | Put | 4,000 | 0 | $0 |
| Exited | VERIZON COMMUNICATIONS INC (VZ) | Call | 51,000 | 0 | $0 |
| Increased | ALIBABA GROUP HLDG LTD (BABA) | Call | 50,000 | 73,800 | $5.34M |
| New | MOLSON COORS BEVERAGE CO (TAP) | Call | 0 | 15,500 | $1.04M |
| New | TOAST INC (TOST) | Put | 0 | 40,000 | $997K |
| New | CREDIT ACCEP CORP MICH (CACC) | Put | 0 | 1,000 | $552K |