Telemetry Investments L L C's Q1 2019 13F: 31 new positions, 48 exits
Form 13F-HR for the quarter ended Mar 31, 2019 · filed May 15, 2019 · 72 reported positions · accession 0001537055-19-000005
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Exited | SELECT SECTOR SPDR TR (XLF) | 6.9% | — | −6.9 pts | −175K sh | −100% |
| Reduced | KADMON HLDGS INC (KDMN) | 10.2% | 12.4% | +2.2 pts | −1.01M sh | −34% |
| Exited | ISHARES TR (EEM) | 4.6% | — | −4.6 pts | −71,000 sh | −100% |
| New | ELLIE MAE INC (ELLI) | — | 4.0% | +4.0 pts | +16,628 sh | new |
| Reduced | RED HAT INC (RHT) | 4.1% | 3.1% | −1.1 pts | −7,195 sh | −51% |
| Increased | INTEGRATED DEVICE TECHNOLOGY (IDTI) | 1.8% | 5.8% | +4.0 pts | +26,500 sh | +117% |
| Exited | GOLDMAN SACHS GROUP INC (GS) | 2.9% | — | −2.9 pts | −10,500 sh | −100% |
| Exited | SCANA CORP NEW (SCG) | 2.8% | — | −2.8 pts | −35,100 sh | −100% |
| Exited | JPMORGAN CHASE & CO (JPM) | 2.6% | — | −2.6 pts | −15,800 sh | −100% |
| Exited | SPARTON CORP (SPA) | 2.4% | — | −2.4 pts | −78,954 sh | −100% |
| Exited | ALPHABET INC (GOOG) | 2.2% | — | −2.2 pts | −1,300 sh | −100% |
| Exited | NXP SEMICONDUCTORS N V (NXPI) | 2.1% | — | −2.1 pts | −17,110 sh | −100% |
| New | ARRIS INTERNATIONAL PLC (ARRS) | — | 1.9% | +1.9 pts | +25,000 sh | new |
| Exited | TESARO INC (TSRO) | 1.8% | — | −1.8 pts | −14,500 sh | −100% |
| New | MATINAS BIOPHARMA HLDGS INC (MTNB) | — | 1.7% | +1.7 pts | +650K sh | new |
| Exited | FEDEX CORP (FDX) | 1.7% | — | −1.7 pts | −6,370 sh | −100% |
| New | BOEING CO (BA) | — | 1.7% | +1.7 pts | +1,800 sh | new |
| Exited | ISHARES INC (EWW) | 1.6% | — | −1.6 pts | −24,000 sh | −100% |
| New | STRONGBRIDGE BIOPHARMA PLC (SBBP) | — | 1.5% | +1.5 pts | +125K sh | new |
| Exited | JOHNSON & JOHNSON (JNJ) | 1.5% | — | −1.5 pts | −6,845 sh | −100% |
| New | MAXWELL TECHNOLOGIES INC (MXWL) | — | 1.4% | +1.4 pts | +134K sh | new |
| Exited | DISNEY WALT CO (DIS) | 1.4% | — | −1.4 pts | −7,500 sh | −100% |
| Exited | VALERO ENERGY PARTNERS LP (VLP) | 1.4% | — | −1.4 pts | −19,500 sh | −100% |
| Reduced | VIEWRAY INC (VRAYQ) | 1.8% | 1.8% | 0.0 pts | −75,000 sh | −43% |
| New | OAKTREE CAP GROUP LLC (OAK) | — | 1.3% | +1.3 pts | +11,000 sh | new |
| Exited | ORBOTECH LTD (ORBK) | 1.3% | — | −1.3 pts | −13,590 sh | −100% |
| Reduced | TRACON PHARMACEUTICALS INC (TCON) | 1.0% | 2.0% | +0.9 pts | −375K sh | −39% |
| Exited | EXXON MOBIL CORP (XOM) | 1.2% | — | −1.2 pts | −10,755 sh | −100% |
| New | UNITED STATES NATL GAS FUND (UNG) | — | 1.2% | +1.2 pts | +21,000 sh | new |
| New | RETROPHIN INC (TVTX) | — | 1.2% | +1.2 pts | +21,695 sh | new |
| New | FINISAR CORP (FNSR) | — | 1.2% | +1.2 pts | +21,000 sh | new |
| New | SPARK THERAPEUTICS INC (ONCE) | — | 1.1% | +1.1 pts | +4,100 sh | new |
| Increased | U S G CORP (USG) | 0.6% | 2.0% | +1.3 pts | +10,000 sh | +113% |
| Exited | GENERAL MTRS CO (GM) | 1.0% | — | −1.0 pts | −18,000 sh | −100% |
| Exited | NEWFIELD EXPL CO (NFX) | 1.0% | — | −1.0 pts | −40,500 sh | −100% |
| Exited | ESSENDANT INC (ESND) | 0.9% | — | −0.9 pts | −44,004 sh | −100% |
| Exited | ATHENAHEALTH INC (ATHN) | 0.9% | — | −0.9 pts | −4,000 sh | −100% |
| New | LUXOFT HLDG INC (LXFT) | — | 0.9% | +0.9 pts | +6,000 sh | new |
| Exited | ASPEN INSURANCE HOLDINGS LTD (AHL) | 0.8% | — | −0.8 pts | −11,900 sh | −100% |
| Exited | INVESTMENT TECHNOLOGY GRP NE (ITG) | 0.8% | — | −0.8 pts | −16,500 sh | −100% |
| Exited | KALVISTA PHARMACEUTICALS INC (KALV) | 0.8% | — | −0.8 pts | −24,883 sh | −100% |
| Exited | ROCKET PHARMACEUTICALS INC (RCKT) | 0.8% | — | −0.8 pts | −33,000 sh | −100% |
| Exited | SPDR SERIES TRUST (XHB) | 0.8% | — | −0.8 pts | −15,000 sh | −100% |
| New | ENDOLOGIX INC (ELGXQ) | — | 0.8% | +0.8 pts | +48,571 sh | new |
| Exited | ISHARES INC (EWZ) | 0.8% | — | −0.8 pts | −12,000 sh | −100% |
| Exited | BANCO SANTANDER SA (SAN) | 0.8% | — | −0.8 pts | −101K sh | −100% |
| Increased | SPRINT CORPORATION (S) | 0.6% | 1.6% | +1.0 pts | +54,600 sh | +89% |
| Reduced | SPDR GOLD TRUST (GLD) | 2.5% | 2.9% | +0.4 pts | −2,500 sh | −20% |
| Increased | ACLARIS THERAPEUTICS INC (ACRS) | 1.2% | 2.2% | +0.9 pts | +50,504 sh | +51% |
| New | BRISTOL MYERS SQUIBB CO (BMY) | — | 0.7% | +0.7 pts | +6,300 sh | new |
The 50 largest of 115 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
Top 10 positions — 48.2% of the equity book
Changes in the top 10 this quarter: IDTI entered · BONE entered · ELLI entered · AFMD entered · TRCO entered · ZSAN entered · XLF left · EEM left · GS left · SCG left · JPM left · SPA left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | KADMON HLDGS INC (KDMN) | 10.2% | 12.4% | |
| 2 | INTEGRATED DEVICE TECHNOLOGY (IDTI) | 1.8% | 5.8% | Entered the top 10 |
| 3 | XTANT MED HLDGS INC (BONE) | 2.1% | 5.7% | Entered the top 10 |
| 4 | EIGER BIOPHARMACEUTICALS INC (EIGR) | 2.6% | 4.8% | |
| 5 | ELLIE MAE INC (ELLI) | 0.0% | 4.0% | Entered the top 10 |
| 6 | AFFIMED N V (AFMD) | 2.2% | 3.6% | Entered the top 10 |
| 7 | TRIBUNE MEDIA CO (TRCO) | 1.8% | 3.2% | Entered the top 10 |
| 8 | RED HAT INC (RHT) | 4.1% | 3.1% | |
| 9 | SPDR GOLD TRUST (GLD) | 2.5% | 2.9% | |
| 10 | ZOSANO PHARMA CORP (ZSAN) | 0.8% | 2.8% | Entered the top 10 |
| — | SELECT SECTOR SPDR TR (XLF) | 6.9% | 0.0% | Left the top 10 |
| — | ISHARES TR (EEM) | 4.6% | 0.0% | Left the top 10 |
| — | GOLDMAN SACHS GROUP INC (GS) | 2.9% | 0.0% | Left the top 10 |
| — | SCANA CORP NEW (SCG) | 2.8% | 0.0% | Left the top 10 |
| — | JPMORGAN CHASE & CO (JPM) | 2.6% | 0.0% | Left the top 10 |
| — | SPARTON CORP (SPA) | 2.4% | 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).
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 | SPDR SERIES TRUST (XBI) | Put | 150K | 445K | $40.3M |
| Increased | SPDR S&P 500 ETF TR (SPY) | Put | 27,500 | 110K | $31.1M |
| Exited | SPDR S&P 500 ETF TR (SPY) | Call | 60,000 | 0 | $0 |
| New | AT&T INC (T) | Call | 0 | 370K | $11.6M |
| Increased | SELECT SECTOR SPDR TR (XLV) | Put | 20,000 | 120K | $11M |
| Increased | ISHARES TR (HYG) | Put | 80,000 | 150K | $13M |
| Exited | XPO LOGISTICS INC (XPO) | Call | 99,600 | 0 | $0 |
| New | FACEBOOK INC (META) | Put | 0 | 25,000 | $4.17M |
| Increased | BAUSCH HEALTH COS INC (BHC) | Put | 15,000 | 170K | $4.2M |
| New | LILLY ELI & CO (LLY) | Put | 0 | 30,000 | $3.89M |
| Increased | PFIZER INC (PFE) | Put | 70,000 | 150K | $6.37M |
| New | CVS HEALTH CORP (CVS) | Call | 0 | 60,000 | $3.24M |
| Exited | ISHARES TR (IWM) | Put | 20,000 | 0 | $0 |
| New | NOBLE ENERGY INC (NBL) | Call | 0 | 90,000 | $2.23M |
| Exited | MYLAN N V (MYL) | Call | 80,000 | 0 | $0 |
| New | BOEING CO (BA) | Put | 0 | 5,000 | $1.91M |
| Reduced | MICRON TECHNOLOGY INC (MU) | Call | 120K | 50,000 | $2.07M |
| Reduced | NETFLIX INC (NFLX) | Put | 13,500 | 6,000 | $2.14M |
| Exited | SPDR SERIES TRUST (XHB) | Call | 40,000 | 0 | $0 |
| Exited | C H ROBINSON WORLDWIDE INC (CHRW) | Put | 15,000 | 0 | $0 |
| Exited | BOX INC (BOX) | Call | 70,000 | 0 | $0 |
| Exited | ALPHABET INC (GOOG) | Call | 1,000 | 0 | $0 |
| Exited | ALPHABET INC (GOOG) | Put | 1,000 | 0 | $0 |
| Exited | GOLDMAN SACHS GROUP INC (GS) | Call | 5,000 | 0 | $0 |
| Exited | GOLDMAN SACHS GROUP INC (GS) | Put | 5,000 | 0 | $0 |