140 Summer Partners LP Quant / Systematic

CIK: 0001820788 · Show all filings

Period: Q1 2024 (← Previous) (Next →)

Filing Date: May 15, 2024

Total Value ($000): $805,898 (88.8% shares, 11.2% debt)

Holdings (17)

AER AERCAP HOLDINGS NV 9.9%

Value ($000) $79,783 Shares 917,991 Est. Cost $64.20 Unrealized +20.5%

PGR PROGRESSIVE CORP 9.5%

Value ($000) $76,441 Shares 369,600 Est. Cost $120.35 Unrealized +41.8%

WAL WESTERN ALLIANCE BANCORP 9.4%

Value ($000) $75,761 Shares 1,180,256 Est. Cost $43.98 Unrealized +33.9%

CZR CAESARS ENTERTAINMENT INC NE 8.3%

Value ($000) $67,238 Shares 1,537,225 Est. Cost $49.48 Unrealized -12.6%

TMUS T-MOBILE US INC 7.9%

Value ($000) $63,626 Shares 389,820 Est. Cost $115.51 Unrealized +36.9%

ELV ELEVANCE HEALTH INC 7.4%

Value ($000) $59,818 Shares 115,359 Est. Cost $474.83 Unrealized +1.5%

V VISA INC 6.4%

Value ($000) $51,407 Shares 184,200 Est. Cost $211.62 Unrealized +28.7%

— UPSTART HLDGS INC 6.2%

Value ($000) $49,908 Shares 63,931,000 Est. Cost $0.56 Unrealized —

CRH CRH PLC 6.1%

Value ($000) $49,123 Shares 569,472 Est. Cost $64.97 Unrealized +15.0%

GM GENERAL MTRS CO 5.8%

Value ($000) $46,429 Shares 1,023,800 Est. Cost $38.00 Unrealized 0.0%

SGI TEMPUR SEALY INTL INC 5.5%

Value ($000) $44,683 Shares 786,391 Est. Cost $30.08 Unrealized +73.2%

TOL TOLL BROTHERS INC 5.4%

Value ($000) $43,629 Shares 337,244 Est. Cost $108.81 Unrealized 0.0%

SATS ECHOSTAR CORP 4.7%

Value ($000) $37,548 Shares 2,634,964 Est. Cost $13.94 Unrealized 0.0%

— DISH NETWORK CORPORATION 3.1%

Value ($000) $25,019 Shares 40,191,000 Est. Cost $0.62 Unrealized —

HUM HUMANA INC 2.0%

Value ($000) $16,306 Shares 47,030 Est. Cost $456.59 Unrealized -19.0%

— DISH NETWORK CORPORATION 1.9%

Value ($000) $15,384 Shares 21,500,000 Est. Cost $0.72 Unrealized —

MPT MEDICAL PPTYS TRUST INC 0.5%

Value ($000) $3,795 Shares 807,400 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AER	AERCAP HOLDINGS NV	917,991	$79,783	9.9%	$64.20	+20.5%	SHS	N00985106
PGR	PROGRESSIVE CORP	369,600	$76,441	9.5%	$120.35	+41.8%	COM	743315103
WAL	WESTERN ALLIANCE BANCORP	1,180,256	$75,761	9.4%	$43.98	+33.9%	COM	957638109
CZR	CAESARS ENTERTAINMENT INC NE	1,537,225	$67,238	8.3%	$49.48	-12.6%	COM	12769G100
TMUS	T-MOBILE US INC	389,820	$63,626	7.9%	$115.51	+36.9%	COM	872590104
ELV	ELEVANCE HEALTH INC	115,359	$59,818	7.4%	$474.83	+1.5%	COM	036752103
V	VISA INC	184,200	$51,407	6.4%	$211.62	+28.7%	COM CL A	92826C839
—	UPSTART HLDGS INC	63,931,000	$49,908	6.2%	$0.56	—	NOTE 0.250% 8/1	91680MAB3
CRH	CRH PLC	569,472	$49,123	6.1%	$64.97	+15.0%	ORD	G25508105
GM	GENERAL MTRS CO	1,023,800	$46,429	5.8%	$38.00	0.0%	COM	37045V100
SGI	TEMPUR SEALY INTL INC	786,391	$44,683	5.5%	$30.08	+73.2%	COM	88023U101
TOL	TOLL BROTHERS INC	337,244	$43,629	5.4%	$108.81	0.0%	COM	889478103
SATS	ECHOSTAR CORP	2,634,964	$37,548	4.7%	$13.94	0.0%	CL A	278768106
—	DISH NETWORK CORPORATION	40,191,000	$25,019	3.1%	$0.62	—	NOTE 3.375% 8/1	25470MAB5
HUM	HUMANA INC	47,030	$16,306	2.0%	$456.59	-19.0%	COM	444859102
—	DISH NETWORK CORPORATION	21,500,000	$15,384	1.9%	$0.72	—	NOTE 12/1	25470MAF6
MPT	MEDICAL PPTYS TRUST INC	807,400	$3,795	0.5%	—	—	Put	58463J304