Owl Creek Asset Management, L.P.

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
22
Total value ($000)
$3,483,849
Net value change ($000)
+1,580,892 (83.1%)
New positions
10
Sold out positions
8
Turnover %
59.9%
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)
TMUS 126,366 272.1%
MET 82,658 NEW
Time Warner Cable 81,241 NEW
SC 63,307 NEW
ONIT 62,027 NEW
SLM 59,303 NEW
F 33,953 115.1%
COMMONWEALTH REIT 31,328 30.6%
HLF 30,250 NEW
VEREIT INC COM 29,752 NEW
Top Reduces (Value $000, Stocks/ETFs)
HRI -148,697 -100.0%
PRECISION CAST -84,342 -100.0%
BA -81,601 -100.0%
Spirit AeroSystems Holdings, Inc. -61,937 -44.4%
*LEAP WIRELESS INTL INC -56,009 -85.9%
COLE REAL ESTATE INVTS INC COM -52,940 -100.0%
TEVA -47,333 -100.0%
DAL -33,578 -100.0%
FOREST OIL CORP -22,063 -100.0%
AIY -14,914 -100.0%
Instrument mix + QoQ Δ (ex-options)
Derivatives reported exposure ($000): 1,911,242 (54.9% 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