MKP Capital Management, L.L.C. Hedge Fund

CIK: 0001534949 · Show all filings

Period: Q4 2014 (← Previous) (Next →)

Filing Date: Feb 17, 2015

Total Value ($000): $1,821,568 (100.0% shares, 0.0% debt)

Holdings (20)

SPY SPDR S&P 500 ETF TR 39.5%

Value ($000) $719,390 Shares 3,500,000 Est. Cost $205.54 Unrealized —

SPY SPDR S&P 500 ETF TR 39.5%

Value ($000) $719,390 Shares 3,500,000 Est. Cost $205.54 Unrealized —

XLY SELECT SECTOR SPDR TR 6.3%

Value ($000) $115,656 Shares 1,603,000 Est. Cost $72.15 Unrealized —

IWM ISHARES TR 2.3%

Value ($000) $41,317 Shares 345,400 Est. Cost $119.62 Unrealized —

HYG ISHARES 1.7%

Value ($000) $31,360 Shares 350,000 Est. Cost $89.60 Unrealized —

LUV SOUTHWEST AIRLS CO 1.5%

Value ($000) $26,831 Shares 634,000 Est. Cost $32.93 Unrealized 0.0%

UAL UNITED CONTL HLDGS INC 1.5%

Value ($000) $26,756 Shares 400,000 Est. Cost $55.38 Unrealized 0.0%

DAL DELTA AIR LINES INC DEL 1.4%

Value ($000) $26,317 Shares 535,000 Est. Cost $36.83 Unrealized 0.0%

AAL AMERICAN AIRLS GROUP INC 1.3%

Value ($000) $22,793 Shares 425,000 Est. Cost $40.79 Unrealized 0.0%

XRT SPDR SERIES TRUST 1.1%

Value ($000) $20,450 Shares 213,000 Est. Cost $96.01 Unrealized —

— INVESCO MORTGAGE CAPITAL INC 1.1%

Value ($000) $20,222 Shares 1,308,008 Est. Cost $16.07 Unrealized —

— SPDR SERIES TRUST 1.1%

Value ($000) $19,691 Shares 510,000 Est. Cost $38.61 Unrealized —

— AMERICAN CAPITAL AGENCY CORP 0.4%

Value ($000) $7,889 Shares 361,370 Est. Cost $21.25 Unrealized —

— ARMOUR RESIDENTIAL REIT INC 0.4%

Value ($000) $7,332 Shares 1,992,273 Est. Cost $4.18 Unrealized —

UAL UNITED CONTL HLDGS INC 0.2%

Value ($000) $3,070 Shares 45,900 Est. Cost $55.38 Unrealized 0.0%

AAL AMERICAN AIRLS GROUP INC 0.2%

Value ($000) $3,032 Shares 56,536 Est. Cost $40.79 Unrealized 0.0%

LUV SOUTHWEST AIRLS CO 0.2%

Value ($000) $3,022 Shares 71,400 Est. Cost $32.93 Unrealized 0.0%

DAL DELTA AIR LINES INC DEL 0.2%

Value ($000) $3,019 Shares 61,370 Est. Cost $36.83 Unrealized 0.0%

— APOLLO RESIDENTIAL MTG INC 0.1%

Value ($000) $2,616 Shares 165,911 Est. Cost $15.61 Unrealized —

— AMERICAN CAP MTG INVT CORP 0.1%

Value ($000) $1,415 Shares 75,114 Est. Cost $19.30 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SPY	SPDR S&P 500 ETF TR	3,500,000	$719,390	39.5%	$205.54	—	Put	78462F103
SPY	SPDR S&P 500 ETF TR	3,500,000	$719,390	39.5%	$205.54	—	TR UNIT	78462F103
XLY	SELECT SECTOR SPDR TR	1,603,000	$115,656	6.3%	$72.15	—	SBI CONS DISCR	81369Y407
IWM	ISHARES TR	345,400	$41,317	2.3%	$119.62	—	RUSSELL 2000 ETF	464287655
HYG	ISHARES	350,000	$31,360	1.7%	$89.60	—	IBOXX HI YD ETF	464288513
LUV	SOUTHWEST AIRLS CO	634,000	$26,831	1.5%	$32.93	0.0%	Call	844741108
UAL	UNITED CONTL HLDGS INC	400,000	$26,756	1.5%	$55.38	0.0%	Call	910047109
DAL	DELTA AIR LINES INC DEL	535,000	$26,317	1.4%	$36.83	0.0%	Call	247361702
AAL	AMERICAN AIRLS GROUP INC	425,000	$22,793	1.3%	$40.79	0.0%	Call	02376R102
XRT	SPDR SERIES TRUST	213,000	$20,450	1.1%	$96.01	—	S&P RETAIL ETF	78464A714
—	INVESCO MORTGAGE CAPITAL INC	1,308,008	$20,222	1.1%	$16.07	—	COM	46131B100
—	SPDR SERIES TRUST	510,000	$19,691	1.1%	$38.61	—	BRC HGH YLD BD	78464A417
—	AMERICAN CAPITAL AGENCY CORP	361,370	$7,889	0.4%	$21.25	—	COM	02503X105
—	ARMOUR RESIDENTIAL REIT INC	1,992,273	$7,332	0.4%	$4.18	—	COM	042315101
UAL	UNITED CONTL HLDGS INC	45,900	$3,070	0.2%	$55.38	0.0%	COM	910047109
AAL	AMERICAN AIRLS GROUP INC	56,536	$3,032	0.2%	$40.79	0.0%	COM	02376R102
LUV	SOUTHWEST AIRLS CO	71,400	$3,022	0.2%	$32.93	0.0%	COM	844741108
DAL	DELTA AIR LINES INC DEL	61,370	$3,019	0.2%	$36.83	0.0%	COM	247361702
—	APOLLO RESIDENTIAL MTG INC	165,911	$2,616	0.1%	$15.61	—	COM	03763V102
—	AMERICAN CAP MTG INVT CORP	75,114	$1,415	0.1%	$19.30	—	COM	02504A104