CQS Cayman LP
Reported holdings as of Q3 2019, from 4 quarterly filings.
This filer last reported in Q3 2019; the most recent quarter on file across all filers is Q3 2026. Firms that restructure stop filing under one CIK and start under another, so a successor entity may hold these positions now under a similar name.
Holdings
Download these holdings as CSV
| Security | Ticker | Value | Shares | Weight | Weight change | Held | Change |
|---|---|---|---|---|---|---|---|
| ISHARES TR | LQD | $344.1M | 2,699,110 | -4.73pp | 4q | -32.8%-$168.3M | |
| DISCOVERY INC | DISCK | $135.8M | 5,517,397 | -0.61pp | 4q | -5.3%-$7.7M | |
| NOW 0 06/01/22 | $91.3M | 47,500,000 | -0.69pp | 4q | DEBT | ||
| HUBS 0 1/4 06/01/22 | $83.8M | 50,000,000 | -0.37pp | 4q | DEBT | ||
| WDAY 0 1/4 10/01/22 | $78.6M | 60,000,000 | +0.99pp | 4q | DEBT | ||
| ADVANCED MICRO DEVICES INC | $74.5M | 20,000,000 | +0.20pp | 4q | DEBT | ||
| ALPHABET INC | GOOGL | $68.9M | 56,421 | +0.69pp | 4q | +3.3%+$2.2M | |
| ADVANCED MICRO DEVICES INC PUT | AMD | $49.3M | 1,980 | +0.12pp | 2q | HELD | |
| BOEING CO PUT | BA | $45.7M | options only | +0.20pp | 2q | OPTIONS | |
| BKNG 0.35 06/15/20 | $44.9M | 30,000,000 | +0.98pp | 4q | DEBT | ||
| ILLUMINA INC | $43.3M | 39,100,000 | - | new | DEBT | ||
| LIBERTY MEDIA CORP DEL | LSXMA | $39.7M | 953,842 | +0.42pp | 4q | +7.8%+$2.9M | |
| BOOKING HOLDINGS INC | $38.5M | 33,200,000 | +0.32pp | 4q | DEBT | ||
| WELLS FARGO & CO | WFC | $37.8M | 750,000 | +0.26pp | 2q | HELD | |
| ON SEMICONDUCTOR | $37.8M | 32,000,000 | +0.20pp | 4q | DEBT | ||
| TER 1 1/4 12/15/2023 | $29.5M | 15,500,000 | +0.38pp | 4q | DEBT | ||
| J2 GLOBAL INC | $28.6M | 20,000,000 | +0.29pp | 4q | DEBT | ||
| VIAV 1 03/01/24 | $28.3M | 23,000,000 | +0.40pp | 2q | DEBT | ||
| CYPRESS SEMICONDUCTOR CORP | $27.5M | 15,654,000 | - | new | DEBT | ||
| NICE SYS INC | $26.8M | 15,000,000 | +0.17pp | 4q | DEBT | ||
| DISCOVERY INC PUT | DISCA | $26.6M | options only | -0.05pp | 2q | OPTIONS | |
| FOX CORP | FOXA | $25.5M | 807,718 | +0.38pp | 2q | +58.5%+$9.4M | |
| ALLERGAN PLC SHS PUT | AGN | $24.8M | 67,500 | +1.04pp | 2q | +743.8%+$21.9M | |
| INSULET CORPORATION 1.375 11/15/2024 | $24.0M | 13,000,000 | - | new | DEBT | ||
| ARCONIC INC | $23.7M | 23,500,000 | -0.02pp | 4q | DEBT | ||
| LIBERTY MEDIA CORP DEL | FWONA | $23.0M | 581,885 | +0.31pp | 4q | +17.9%+$3.5M | |
| SILICON LABORATORIES I | $22.9M | 17,500,000 | +0.20pp | 4q | DEBT | ||
| Akamai Technologies 0. | $22.0M | 19,200,000 | +0.43pp | 2q | DEBT | ||
| MCHP 1 5/8 02/15/27 | $20.7M | 16,060,000 | +0.24pp | 4q | DEBT | ||
| OCTAVE SPECIALTY GROUP INC | OSG | $20.7M | 1,056,995 | +0.38pp | 4q | +32.1%+$5.0M | |
| SQ 0 1/2 05/15/23 | $20.1M | 18,050,000 | +0.16pp | 2q | DEBT | ||
| Mellanox Technologies Ltd. CALL+PUT | MLNX | $20.1M | 33,500 | +0.28pp | 3q | -10.7%-$2.4M | |
| INTERDIGITAL INC | $20.0M | 20,000,000 | +0.51pp | 4q | DEBT | ||
| LIBERTY MEDIA CORPORATION | $20.0M | 16,638,000 | +0.09pp | 4q | DEBT | ||
| JAZZ 1 1/2 08/15/2024 | $19.3M | 20,000,000 | +0.26pp | 4q | DEBT | ||
| NUTANIX INC | $18.7M | 20,000,000 | +0.08pp | 2q | DEBT | ||
| UNDER ARMOUR INC | UA | $18.6M | 1,027,412 | -0.42pp | 3q | -26.8%-$6.8M | |
| HEICO CORP NEW | HEIA | $18.5M | 189,878 | +0.31pp | 2q | +54.7%+$6.5M | |
| NOMAD FOODS LTD | NOMD | $18.0M | 876,644 | +0.68pp | 3q | +571.8%+$15.3M | |
| PANW 0 3/4 07/01/23 | $16.2M | 15,350,000 | - | new | DEBT | ||
| WESTERN DIGITAL CORP. | $15.7M | 16,300,000 | - | new | DEBT | ||
| SPLUNK INC | $14.8M | 13,750,000 | - | new | DEBT | ||
| TESLA INC | $14.7M | 15,000,000 | +0.08pp | 2q | DEBT | ||
| QIAGEN | $13.7M | 13,200,000 | +0.05pp | 2q | DEBT | ||
| FIREEYE INC | $13.3M | 14,000,000 | +0.06pp | 4q | DEBT | ||
| CENTRAL GARDEN & PET CO | CENTA | $12.6M | 452,944 | -0.22pp | 4q | -42.3%-$9.2M | |
| WRIGHT MEDICAL 2.25 15NOV21 A | $11.8M | 10,000,000 | -0.37pp | 2q | DEBT | ||
| Nextera Energy Inc | NEEPRO | $10.0M | 200,000 | - | new | NEW | |
| COLFAX CORP | CFXA | $9.8M | 75,000 | - | new | NEW | |
| TELADOC HEALTH INC 1.375 05/15/2025 | $9.5M | 6,350,000 | +0.04pp | 2q | DEBT | ||
| WHITING PETROLEUM CO | $8.7M | 8,749,000 | -0.43pp | 4q | DEBT | ||
| LIONS GATE ENTERTAINMENT CORP-B | LGFB | $8.4M | 957,256 | -0.07pp | 4q | HELD | |
| ABBOTT LABORATORIES | ABT | $8.3M | 98,956 | +0.14pp | 2q | +47.9%+$2.7M | |
| ANTHEM INC | $8.1M | 2,400,000 | -0.01pp | 4q | DEBT | ||
| Viacom, Inc. | VIAB | $7.7M | 321,800 | +0.13pp | 2q | +85.5%+$3.6M | |
| CME GROUP INC | CME | $7.5M | 35,716 | -1.03pp | 2q | -79.8%-$29.8M | |
| LIBERTY MEDIA CORP DEL | LSXMK | $7.5M | 177,628 | +0.07pp | 4q | +3.4%+$248.4K | |
| CTRIP COM INTL LTD | $7.4M | 7,312,000 | +0.05pp | 4q | DEBT | ||
| TAIWAN SEMICONDUCTOR MANUFAC | TSM | $7.4M | 159,169 | +0.04pp | 4q | -12.9%-$1.1M | |
| MASTERCARD INCORPORATED | MA | $7.2M | 26,600 | +0.11pp | 2q | +33.7%+$1.8M | |
| CLEARWAY ENERGY INC | CWENA | $7.1M | 411,919 | +0.29pp | 2q | +948.6%+$6.5M | |
| ROLLINS INC | ROL | $7.0M | 204,006 | +0.05pp | 2q | +12.8%+$789.9K | |
| AVAYA HOLDINGS CORP | $6.9M | 8,000,000 | - | new | DEBT | ||
| BHP GROUP PLCSPON ADR | BBL | $6.8M | 159,431 | +0.14pp | 3q | +98.4%+$3.4M | |
| CHINA LODGING GROUP LTD | $6.5M | 6,150,000 | +0.04pp | 3q | DEBT | ||
| RITHM CAPITAL CORP | RITM | $6.3M | 400,000 | - | new | NEW | |
| XYLEM INC | XYL | $6.2M | 78,336 | -0.02pp | 2q | -11.7%-$828.9K | |
| AVAYA HOLDINGS CORP | AVYAQ | $6.1M | 599,402 | -0.12pp | 4q | -23.5%-$1.9M | |
| WABCO Holdings Inc | WBC | $6.1M | 45,500 | +0.05pp | 3q | +9.6%+$535.0K | |
| INTERCEPT PHARMACEUTICALS INC | $6.1M | 7,000,000 | - | new | DEBT | ||
| TEXTRON INC CALL | TXT | $5.9M | 25,500 | +0.14pp | 2q | -54.1%-$6.9M | |
| AGILENT TECHNOLOGIES INC CALL | A | $5.4M | 20,500 | +0.10pp | 2q | -56.8%-$7.1M | |
| IDEXX LABS INC | IDXX | $5.4M | 19,863 | - | new | NEW | |
| Logmein, Inc. CALL | LOGM | $5.4M | 25,500 | +0.17pp | 3q | +8.5%+$420.2K | |
| NIKE INC | NKE | $5.4M | 57,033 | +0.05pp | 2q | +4.5%+$229.9K | |
| BHP BILLITON LIMITED | BHP | $5.3M | 107,301 | -1.23pp | 4q | -83.0%-$25.8M | |
| AUTOMATIC DATA PROCESSING IN | ADP | $5.3M | 32,673 | +0.04pp | 2q | +10.6%+$505.1K | |
| UNITEDHEALTH GROUP INC | UNH | $5.2M | 23,985 | - | new | NEW | |
| LIVE NATION ENTERTAINMENT IN | LYV | $5.1M | 77,602 | +0.05pp | 2q | +14.8%+$662.4K | |
| GLOBUS MED INC CALL | GMED | $5.1M | 30,500 | +0.07pp | 3q | -67.0%-$10.4M | |
| Zayo Group Holdings Inc | ZAYO | $5.1M | 150,500 | +0.13pp | 2q | +99.3%+$2.5M | |
| HUNTSMAN CORP CALL | HUN | $5.0M | 65,500 | +0.14pp | 2q | -31.4%-$2.3M | |
| CDK GLOBAL INC CALL | CDK | $5.0M | 48,500 | - | new | NEW | |
| CITRIX SYS INC COM CALL | CTXS | $4.9M | 25,500 | +0.14pp | 2q | +30.8%+$1.1M | |
| SPLK 1 1/8 09/15/25 | $4.8M | 4,350,000 | - | new | DEBT | ||
| LIBERTY BROADBAND CORP | LBRDA | $4.6M | 44,093 | - | new | NEW | |
| LAUDER ESTEE COS INC | EL | $4.6M | 22,979 | +0.11pp | 2q | +89.5%+$2.2M | |
| LENNAR CORP | LENB | $4.6M | 102,809 | +0.04pp | 4q | HELD | |
| MOODYS CORP | MCO | $4.5M | 21,917 | +0.07pp | 2q | +32.6%+$1.1M | |
| BIOMARIN PHARMACEUTICAL INC | BMRN | $4.4M | 65,474 | -0.04pp | 4q | -4.4%-$202.2K | |
| UNITED MICROELECTRONICS CORP | UMC | $4.2M | 2,026,844 | +0.01pp | 4q | HELD | |
| PALO ALTO NETWORKS INC | PANW | $4.2M | 20,600 | - | new | NEW | |
| ABBVIE INC CALL | ABBV | $4.2M | options only | - | new | OPTIONS | |
| WIX COM LTD | WIX | $4.1M | 34,774 | -0.13pp | 3q | -36.3%-$2.3M | |
| Altisource Portfolio Solutions | ASPS | $4.0M | 200,000 | +0.02pp | 4q | HELD | |
| Continental Resources Inc | CLR | $4.0M | 131,300 | - | new | NEW | |
| ANSYS INC | ANSS | $4.0M | 18,065 | +0.03pp | 2q | +2.3%+$91.6K | |
| LIBERTY BROADBAND CORP | LBRDK | $3.9M | 36,787 | +0.02pp | 4q | HELD | |
| DISH NETWORK CORPORATION | $3.7M | 4,000,000 | +0.01pp | 4q | DEBT | ||
| AKAMAI TECHNOLOGIES INC CALL | AKAM | $3.7M | options only | +0.04pp | 3q | OPTIONS | |
| CTRIP COM INTL LTD | $3.6M | 3,623,000 | flat | 4q | DEBT | ||
| VANECK ETF TRUST | GDX | $3.3M | 125,000 | -0.01pp | 2q | -16.7%-$667.8K | |
| OCWEN FINL CORP COM NEW | OCN | $3.3M | 1,772,226 | -0.01pp | 4q | -6.7%-$240.2K | |
| ADVANCED DISP SVCS INC DEL COM | ADSW | $3.3M | 100,000 | +0.06pp | 2q | +52.7%+$1.1M | |
| UR-ENERGY INC | URG | $3.2M | 5,277,697 | -0.06pp | 4q | HELD | |
| DELL TECHNOLOGIES INC | DELL | $3.0M | 58,790 | +0.04pp | 2q | +29.2%+$689.3K | |
| iHeartMedia Inc | IHRT | $3.0M | 200,734 | - | new | NEW | |
| CYPRESS SEMICONDUCTOR CORP PUT | CY | $2.9M | options only | -0.07pp | 2q | OPTIONS | |
| ACCENTURE PLC IRELAND | ACN | $2.8M | 14,397 | -0.06pp | 2q | -40.6%-$1.9M | |
| SSR MINING IN | SSRM | $2.8M | 189,400 | - | new | NEW | |
| NEWS CORP NEW | NWS | $2.7M | 188,112 | -0.07pp | 3q | -45.3%-$2.2M | |
| BOOKING HOLDINGS INC | BKNG | $2.6M | 1,318 | -0.09pp | 2q | -52.8%-$2.9M | |
| PROOFPOINT INC COM | PFPT | $2.6M | 19,852 | - | new | NEW | |
| TESLA INC | $2.5M | 2,450,000 | -0.39pp | 2q | DEBT | ||
| BEAZER HOMES USA INC PUT | BZH | $2.3M | options only | - | new | OPTIONS | |
| CLEAR CHANNEL OUTDOOR HLDGS | CCO | $2.3M | 895,714 | -0.07pp | 2q | HELD | |
| RYANAIR HOLDINGS PLC | RYAAY | $2.1M | 32,656 | -0.03pp | 3q | -35.2%-$1.2M | |
| CHESAPEAKE ENERGY CORP | $2.1M | 3,500,000 | - | new | DEBT | ||
| SAILPOINT TECHNOLOGIES | SAIL | $2.0M | 105,700 | - | new | NEW | |
| ARCH COAL INC | ARCH | $2.0M | 26,300 | -0.01pp | 4q | HELD | |
| Pretium Resources | PVG | $1.8M | 154,000 | flat | 4q | -22.6%-$517.8K | |
| Entercom Communication | ETM | $1.7M | 500,000 | flat | 3q | +62.2%+$640.4K | |
| Celgene Corporation | CELG | $1.5M | 15,500 | -0.17pp | 3q | -75.9%-$4.8M | |
| Genesee & Wyoming CL A Class A | GWR | $1.5M | 13,500 | - | new | NEW | |
| AMERICAS GOLD AND SILVER CORP | USAS | $1.3M | 500,000 | - | new | NEW | |
| OI SA SPONSORED ADR NE | OIBZQ | $1.2M | 1,102,721 | -0.03pp | 4q | HELD | |
| CARNIVAL PLC ADS | CUK | $1.2M | 27,876 | - | new | NEW | |
| OCCIDENTAL PETE CORP CALL | OXY | $1.1M | options only | flat | 2q | OPTIONS | |
| CONCHO RES INC COM | CXO | $1.1M | 16,000 | - | new | NEW | |
| Tallgrass Energy LP | TGE | $1.0M | 50,000 | - | new | NEW | |
| PLATINUM GROUP METALS LTD | PLG | $1.0M | 681,715 | +0.02pp | 4q | +57.9%+$367.5K | |
| CBL & ASSOC PPTYS INC | CBLAQ | $968.0K | 750,000 | - | new | NEW | |
| TAKEDA PHARMACEUTICAL CO LTD | TAK | $955.0K | 55,500 | flat | 4q | HELD | |
| WESTERN MIDSTREAM PARTNERS L | WES | $946.0K | 38,000 | -0.06pp | 2q | -55.8%-$1.2M | |
| ENERGY FUELS INC | UUUU | $853.0K | 441,997 | -0.02pp | 4q | HELD | |
| FIRST MAJESTIC SILVER CORP | AG | $810.0K | 89,140 | +0.01pp | 4q | HELD | |
| URANIUM ENERGY CORP | UEC | $745.0K | 764,341 | -0.01pp | 4q | HELD | |
| H WORLD GROUP LTD | HTHT | $653.0K | 19,800 | flat | 2q | HELD | |
| L Brands Inc | LB | $588.0K | 30,000 | - | new | NEW | |
| CONTURA ENERGY INC | CTRA | $560.0K | 20,000 | -0.02pp | 4q | HELD | |
| Sprint Corp PUT | S | $463.0K | options only | - | new | OPTIONS | |
| MAG SILVER CORP COM | MAG | $371.0K | 35,000 | flat | 4q | HELD |
By sector
Industry comes from the SIC code on each company's own SEC filings, which is self-reported and sometimes out of date. Derivative exposure is counted with the shares. Securities the SEC assigns no industry - funds, trusts, foreign issues - are shown as not classified rather than dropped.
| Sector | Value | Share |
|---|---|---|
| Software & IT Services | $80.7M | 3.6% |
| Autos & Aerospace | $70.0M | 3.1% |
| Semiconductors & Electronics | $61.0M | 2.7% |
| Telecom & Media | $60.4M | 2.7% |
| Banks & Lending | $37.8M | 1.7% |
| Other sectors | $208.7M | 9.2% |
| Not classified | $1.7B | 77.1% |
What the disclosed book did
This is not the fund's return. A 13F shows long US equity positions only, so shorts, bonds, foreign listings, private holdings and cash are all invisible here. What this measures is the quarter's change in value of the positions this manager disclosed, had they been left untouched - the return a reader following the filing would have earned.
| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2019 | +3.7% | +3.7% | -0.1% | 63% |
Market is SPY over the same two quarter ends, priced the same way as everything else here - the median across every filer reporting it. It is a large-cap US proxy, so a manager holding small caps or biotech will beat or trail it for reasons that are not skill. Prices are quarter-end to quarter-end and say nothing about the path in between, or about trades opened and closed inside a quarter.
Quarter by quarter
| Quarter | Value | Positions | New | Added | Trimmed | Exited | Top 10 | Days to file |
|---|---|---|---|---|---|---|---|---|
| Q3 2019 | $2.3B | 142 | 33 | 46 | 37 | 33 | 44.9% | 43 |
| Q2 2019 | $2.5B | 142 | 65 | 25 | 32 | 22 | 50.8% | 44 |
| Q1 2019 | $2.2B | 99 | 29 | 19 | 27 | 36 | 64.6% | 44 |
| Q4 2018 | $1.5B | 106 | 0 | 0 | 0 | 0 | 41.4% | 44 |
Rows marked UNVERIFIED ID, PLACEHOLDER ID, TICKER AS ID or NON-CUSIP ID carry an identifier that is not a valid CUSIP. They are shown because the filer reported that money, but treat the security named with caution - hover the chip for what is wrong with it, and see the methodology.
Held counts consecutive filings in which this manager reported the position, and can reach further back than the quarters listed above: the tabs begin at Q4 2018 because earlier coverage is too sparse to describe a market, but tenure is counted over every filing we hold, some reaching to 2007. A position sold and later rebought starts again from one.
Weight change is the shift in this position's share of the whole book, in percentage points. It is the more useful column: when money flows into or out of a broad fund, almost every holding is bought or sold at once, so added and trimmed largely track flows. A weight that rose while the book shrank is a decision. Both compare with the previous quarter this filer reported, not the previous calendar quarter.