Tourbillon Capital Partners LP
Q1 2014 13F-HR Holdings
Net value change ($000)
+993,539
(87.0%)
New positions
22
Sold out positions
9
Turnover %
35.6%
Sector allocation + QoQ delta (equities-only)
Snapshot: Change Analysis
Compared to Q4 2013
Methodology:
sector metrics are equities-only;
instrument mix chart is ex-options;
options exposure is shown separately.
Why this matters.
Top Adds (Value $000, Stocks/ETFs)
| DISH | 60,411 | 260.8% |
| VYX | 53,221 | 294.8% |
| EXPE | 41,282 | 246.9% |
| TCOM | 33,025 | NEW |
| AWI | 25,727 | 308.0% |
| VC | 25,126 | 165.8% |
| RECEPTOS, INC. | 23,929 | 297.7% |
| NOK | 22,020 | NEW |
| GPRE | 19,636 | NEW |
| BIIB | 18,352 | NEW |
Top Reduces (Value $000, Stocks/ETFs)
| EXTERRAN | -17,958 | -57.7% |
| SPECTRUM BRANDS HLDGS INC | -15,300 | -63.8% |
| CAESARS HOLDINGS, INC. | -15,186 | -100.0% |
| VMC | -9,626 | -100.0% |
| INCY | -9,620 | -100.0% |
| GM | -9,196 | -100.0% |
| SUNEDISON, INC. | -7,614 | -72.9% |
| NOW | -5,601 | -100.0% |
| INTERCEPT PHARMACEUTICALS, INC. | -4,438 | -100.0% |
| ENERGY XXI LTD USD UNRS SHS | -3,383 | -100.0% |
Instrument mix + QoQ Δ (ex-options)
Derivatives reported exposure ($000):
1,348,262
(63.1% of total reported value)
How this table is calculated:
SEC
VALUE ($000) is used as reported.
For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received.
Column % is bucket-based:
non-options share is calculated inside non-option total, options share is calculated inside options total.
Details.
Filter:
Instrument:
| Issuer Name | Ticker | Sector | Industry | Class | History | Value ($000) | % | Shares | Shares Δ | Shares Δ% | Value Δ ($000) | Value Δ% | Principal | Option Type |
|---|