HARBERT FUND ADVISORS, LLC Quant / Systematic

Location: Birmingham, AL

CIK: 0001616659 · Show all filings

Period: Q4 2021 (← Previous) (Next →)

Filing Date: Feb 14, 2022

Total Value: $397M (99.7% shares, 0.3% debt)

Holdings (45)

— CITRIX SYS INC 16.7%

Value $66.21M Shares 700,000 Est. Cost $101.99 Unrealized —

— HEALTHCARE TR AMER INC 8.4%

Value $33.39M Shares 1,000,000 Est. Cost $33.39 Unrealized —

INVE IDENTIV INC 5.8%

Value $22.93M Shares 814,750 Est. Cost $7.63 Unrealized +187.7%

GBLI GLOBAL INDEMNITY GROUP LLC 5.3%

Value $20.86M Shares 830,116 Est. Cost $20.29 Unrealized +7.9%

TBCH TURTLE BEACH CORP 4.8%

Value $18.92M Shares 850,000 Est. Cost $27.96 Unrealized -3.5%

TGNA TEGNA INC 4.7%

Value $18.56M Shares 1,000,000 Est. Cost $18.16 Unrealized +10.2%

— ACTIVISION BLIZZARD INC 4.2%

Value $16.63M Shares 250,000 Est. Cost — Unrealized —

— ENZO BIOCHEM INC 4.2%

Value $16.61M Shares 5,175,913 Est. Cost $3.06 Unrealized —

— HEALTHCARE TR AMER INC 3.8%

Value $15.19M Shares 455,058 Est. Cost $33.39 Unrealized —

TBCH TURTLE BEACH CORP 3.4%

Value $13.36M Shares 600,000 Est. Cost $27.96 Unrealized -3.5%

TBCH TURTLE BEACH CORP 3.3%

Value $13.04M Shares 585,816 Est. Cost $27.96 Unrealized -3.5%

— QUALTRICS INTL INC 2.9%

Value $11.62M Shares 328,113 Est. Cost $35.40 Unrealized —

VSEC VSE CORP 2.7%

Value $10.83M Shares 177,652 Est. Cost $35.22 Unrealized +54.6%

LUCK BOWLERO CORP 2.3%

Value $9.02M Shares 1,000,000 Est. Cost $9.39 Unrealized 0.0%

ARAY ACCURAY INC 2.2%

Value $8.701M Shares 1,824,184 Est. Cost $4.62 Unrealized +4.4%

DFIN DONNELLEY FINL SOLUTIONS INC 2.1%

Value $8.391M Shares 178,002 Est. Cost $30.34 Unrealized +42.9%

— HEALTHCARE TR AMER INC 2.1%

Value $8.348M Shares 250,000 Est. Cost $33.39 Unrealized —

— CITRIX SYS INC 1.9%

Value $7.369M Shares 77,900 Est. Cost $101.99 Unrealized —

— SOVOS BRANDS INC 1.8%

Value $7.174M Shares 476,710 Est. Cost $15.05 Unrealized —

— MONEYGRAM INTL INC 1.7%

Value $6.915M Shares 876,365 Est. Cost $7.89 Unrealized —

TACT TRANSACT TECHNOLOGIES INC 1.7%

Value $6.705M Shares 615,168 Est. Cost $10.25 Unrealized +19.8%

TGNA TEGNA INC 1.5%

Value $6.065M Shares 326,790 Est. Cost $18.16 Unrealized +10.2%

— STREAMLINE HEALTH SOLUTIONS 1.5%

Value $6.059M Shares 4,066,637 Est. Cost $1.23 Unrealized —

— US ECOLOGY INC 1.4%

Value $5.464M Shares 171,067 Est. Cost $39.37 Unrealized —

MSOS ADVISORSHARES TR 1.3%

Value $5.118M Shares 200,000 Est. Cost $25.59 Unrealized —

DIBS 1STDIBS COM INC 1.3%

Value $4.992M Shares 399,039 Est. Cost $13.91 Unrealized 0.0%

— SHARECARE INC 1.0%

Value $3.922M Shares 873,488 Est. Cost $8.23 Unrealized —

— QUMU CORP 0.9%

Value $3.595M Shares 1,695,785 Est. Cost $2.05 Unrealized —

PPC PILGRIMS PRIDE CORP 0.7%

Value $2.82M Shares 100,000 Est. Cost $28.45 Unrealized 0.0%

CMTL COMTECH TELECOMMUNICATIONS C 0.6%

Value $2.496M Shares 105,340 Est. Cost $23.58 Unrealized 0.0%

LQDA LIQUIDIA CORPORATION 0.5%

Value $2.096M Shares 430,458 Est. Cost $2.65 Unrealized +50.6%

JACK JACK IN THE BOX INC 0.5%

Value $2.01M Shares 22,978 Est. Cost $92.89 Unrealized 0.0%

IIIV I3 VERTICALS INC 0.5%

Value $1.86M Shares 81,606 Est. Cost $20.92 Unrealized +7.1%

— DURECT CORP 0.3%

Value $1.253M Shares 1,271,402 Est. Cost $1.63 Unrealized —

MSOS ADVISORSHARES TR 0.3%

Value $1.19M Shares 46,500 Est. Cost $25.59 Unrealized —

— AVAYA HLDGS CORP 0.3%

Value $1.059M Shares 1,000,000 Est. Cost $1.06 Unrealized —

MXCT MAXCYTE INC 0.3%

Value $1.002M Shares 98,304 Est. Cost $15.08 Unrealized -28.8%

FENC FENNEC PHARMACEUTICALS INC 0.2%

Value $835K Shares 189,750 Est. Cost $6.97 Unrealized +6.8%

— UPHEALTH INC 0.2%

Value $831K Shares 371,000 Est. Cost $2.85 Unrealized —

— AVAYA HLDGS CORP 0.2%

Value $782K Shares 39,500 Est. Cost $19.80 Unrealized —

— KALEYRA INC 0.2%

Value $643K Shares 64,000 Est. Cost $12.69 Unrealized —

PCT PURECYCLE TECHNOLOGIES INC 0.2%

Value $634K Shares 66,255 Est. Cost $19.76 Unrealized -39.0%

— INNOVATE CORP 0.1%

Value $513K Shares 138,519 Est. Cost $4.10 Unrealized —

— CURO GROUP HOLDINGS CORP 0.1%

Value $496K Shares 31,000 Est. Cost $16.00 Unrealized —

— BOWLERO CORP 0.1%

Value $288K Shares 250,000 Est. Cost $1.15 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	CITRIX SYS INC	700,000	$66.21M	16.7%	$101.99	—	Call	177376100
—	HEALTHCARE TR AMER INC	1,000,000	$33.39M	8.4%	$33.39	—	Call	42225P501
INVE	IDENTIV INC	814,750	$22.93M	5.8%	$7.63	+187.7%	COM NEW	45170X205
GBLI	GLOBAL INDEMNITY GROUP LLC	830,116	$20.86M	5.3%	$20.29	+7.9%	COM CL A	37959R103
TBCH	TURTLE BEACH CORP	850,000	$18.92M	4.8%	$27.96	-3.5%	Put	900450206
TGNA	TEGNA INC	1,000,000	$18.56M	4.7%	$18.16	+10.2%	Call	87901J105
—	ACTIVISION BLIZZARD INC	250,000	$16.63M	4.2%	—	—	Call	00507V109
—	ENZO BIOCHEM INC	5,175,913	$16.61M	4.2%	$3.06	—	COM	294100102
—	HEALTHCARE TR AMER INC	455,058	$15.19M	3.8%	$33.39	—	CL A NEW	42225P501
TBCH	TURTLE BEACH CORP	600,000	$13.36M	3.4%	$27.96	-3.5%	Call	900450206
TBCH	TURTLE BEACH CORP	585,816	$13.04M	3.3%	$27.96	-3.5%	COM NEW	900450206
—	QUALTRICS INTL INC	328,113	$11.62M	2.9%	$35.40	—	COM CL A	747601201
VSEC	VSE CORP	177,652	$10.83M	2.7%	$35.22	+54.6%	COM	918284100
LUCK	BOWLERO CORP	1,000,000	$9.02M	2.3%	$9.39	0.0%	CL A COM	10258P102
ARAY	ACCURAY INC	1,824,184	$8.701M	2.2%	$4.62	+4.4%	COM	004397105
DFIN	DONNELLEY FINL SOLUTIONS INC	178,002	$8.391M	2.1%	$30.34	+42.9%	COM	25787G100
—	HEALTHCARE TR AMER INC	250,000	$8.348M	2.1%	$33.39	—	Put	42225P501
—	CITRIX SYS INC	77,900	$7.369M	1.9%	$101.99	—	COM	177376100
—	SOVOS BRANDS INC	476,710	$7.174M	1.8%	$15.05	—	COM	84612U107
—	MONEYGRAM INTL INC	876,365	$6.915M	1.7%	$7.89	—	COM NEW	60935Y208
TACT	TRANSACT TECHNOLOGIES INC	615,168	$6.705M	1.7%	$10.25	+19.8%	COM	892918103
TGNA	TEGNA INC	326,790	$6.065M	1.5%	$18.16	+10.2%	COM	87901J105
—	STREAMLINE HEALTH SOLUTIONS	4,066,637	$6.059M	1.5%	$1.23	—	COM	86323X106
—	US ECOLOGY INC	171,067	$5.464M	1.4%	$39.37	—	COM	91734M103
MSOS	ADVISORSHARES TR	200,000	$5.118M	1.3%	$25.59	—	Call	00768Y453
DIBS	1STDIBS COM INC	399,039	$4.992M	1.3%	$13.91	0.0%	COM	320551104
—	SHARECARE INC	873,488	$3.922M	1.0%	$8.23	—	COM CL A	81948W104
—	QUMU CORP	1,695,785	$3.595M	0.9%	$2.05	—	COM	749063103
PPC	PILGRIMS PRIDE CORP	100,000	$2.82M	0.7%	$28.45	0.0%	COM	72147K108
CMTL	COMTECH TELECOMMUNICATIONS C	105,340	$2.496M	0.6%	$23.58	0.0%	COM NEW	205826209
LQDA	LIQUIDIA CORPORATION	430,458	$2.096M	0.5%	$2.65	+50.6%	COM NEW	53635D202
JACK	JACK IN THE BOX INC	22,978	$2.01M	0.5%	$92.89	0.0%	COM	466367109
IIIV	I3 VERTICALS INC	81,606	$1.86M	0.5%	$20.92	+7.1%	COM CL A	46571Y107
—	DURECT CORP	1,271,402	$1.253M	0.3%	$1.63	—	COM	266605104
MSOS	ADVISORSHARES TR	46,500	$1.19M	0.3%	$25.59	—	PURE US CANNABIS	00768Y453
—	AVAYA HLDGS CORP	1,000,000	$1.059M	0.3%	$1.06	—	NOTE 2.250% 6/1	05351XAB7
MXCT	MAXCYTE INC	98,304	$1.002M	0.3%	$15.08	-28.8%	COM	57777K106
FENC	FENNEC PHARMACEUTICALS INC	189,750	$835K	0.2%	$6.97	+6.8%	COM	31447P100
—	UPHEALTH INC	371,000	$831K	0.2%	$2.85	—	COM	91532B101
—	AVAYA HLDGS CORP	39,500	$782K	0.2%	$19.80	—	COM	05351X101
—	KALEYRA INC	64,000	$643K	0.2%	$12.69	—	COM	483379103
PCT	PURECYCLE TECHNOLOGIES INC	66,255	$634K	0.2%	$19.76	-39.0%	COM	74623V103
—	INNOVATE CORP	138,519	$513K	0.1%	$4.10	—	COM	45784J105
—	CURO GROUP HOLDINGS CORP	31,000	$496K	0.1%	$16.00	—	COM	23131L107
—	BOWLERO CORP	250,000	$288K	0.1%	$1.15	—	*W EXP 03/01/202	10258P110