40 North Management LLC

Q1 2014 13F-HR Holdings

Location
New York, NY
Holdings as of
3/31/2014
Date filed
5/15/2014
Form type
13F-HR
Num holdings
167
Total value ($000)
$1,069,371
Net value change ($000)
-287,214 (-21.2%)
New positions
79
Sold out positions
61
Turnover %
41.1%
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)
AWI 46,463 NEW
VEREIT INC COM 40,574 NEW
Tesuji Partners, LLC 25,836 2005.9%
CDNS 24,515 100.3%
*MATTRESS FIRM HLDG CORP 22,948 19.3%
ACTAVIS INC 22,573 125.0%
OIS 20,573 1159.0%
Yahoo! Inc. 17,706 NEW
OVERSEAS SHIPHOLDING GROUP INC 14,206 70.1%
MCK 12,186 181.8%
Top Reduces (Value $000, Stocks/ETFs)
COLE REAL ESTATE INVTS INC COM -34,384 -100.0%
HRI -8,999 -41.8%
HUM -8,072 -26.9%
SHIRE PLC -7,613 -100.0%
HUN -5,520 -26.8%
Ashland -5,099 -100.0%
GM -5,048 -100.0%
EQIX -4,728 -78.2%
NEWCASTLE INVT CORP -4,484 -100.0%
PERRIGO CO PLC F -3,856 -100.0%
Instrument mix + QoQ Δ (ex-options)
Derivatives reported exposure ($000): 68,853 (6.4% 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.
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Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type