Twin Securities, Inc.
Q1 2014 13F-HR Holdings
Net value change ($000)
+89,658
(19.4%)
New positions
7
Sold out positions
10
Turnover %
73.4%
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)
| VEREIT INC COM | 77,910 | 270.3% |
| MCK | 68,089 | NEW |
| LAMAR ADVERTISING | 40,553 | 197.5% |
| KN | 31,973 | NEW |
| HRI | 29,406 | 56.4% |
| FOREST LAB | 26,659 | NEW |
| MEN'S WEARHOUSE INC | 4,437 | NEW |
| HLF | 1,889 | 13.9% |
| Ashland | 1,024 | NEW |
| CMCSA | 951 | NEW |
Top Reduces (Value $000, Stocks/ETFs)
| COLE REAL ESTATE INVTS INC COM | -98,278 | -100.0% |
| APC | -37,983 | -100.0% |
| BURGER KING WORLDWIDE INC | -21,925 | -80.9% |
| MBI | -17,668 | -53.2% |
| VIROPHARMA INC | -14,851 | -100.0% |
| TMO | -13,448 | -100.0% |
| HEALTH MGMT | -12,489 | -100.0% |
| LIFE TECHNOLOGIES | -9,988 | -100.0% |
| Time Warner Cable | -9,581 | -61.3% |
| LinnCo, LLC | -7,287 | -21.8% |
Instrument mix + QoQ Δ (ex-options)
Derivatives reported exposure ($000):
99,884
(18.1% 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 |
|---|