140 Summer Partners LP Quant / Systematic

CIK: 0001820788 · Show all filings

Period: Q2 2024 (← Previous) (Next →)

Filing Date: Aug 14, 2024

Total Value ($000): $830,898 (88.0% shares, 12.0% debt)

Holdings (18)

PGR PROGRESSIVE CORP 10.5%

Value ($000) $86,940 Shares 418,566 Est. Cost $128.81 Unrealized +49.6%

AER AERCAP HOLDINGS NV 10.1%

Value ($000) $83,688 Shares 897,940 Est. Cost $64.20 Unrealized +36.7%

CZR CAESARS ENTERTAINMENT INC NE 8.8%

Value ($000) $73,249 Shares 1,843,200 Est. Cost $47.50 Unrealized -20.9%

WAL WESTERN ALLIANCE BANCORP 8.7%

Value ($000) $72,196 Shares 1,149,256 Est. Cost $43.98 Unrealized +32.7%

TMUS T-MOBILE US INC 7.9%

Value ($000) $65,754 Shares 373,220 Est. Cost $115.51 Unrealized +41.6%

— UPSTART HLDGS INC 6.5%

Value ($000) $53,687 Shares 68,931,000 Est. Cost $0.58 Unrealized —

V VISA INC 5.8%

Value ($000) $48,032 Shares 183,000 Est. Cost $211.62 Unrealized +28.0%

ELV ELEVANCE HEALTH INC 5.6%

Value ($000) $46,740 Shares 86,259 Est. Cost $474.83 Unrealized +8.2%

CRH CRH PLC 5.5%

Value ($000) $45,353 Shares 604,872 Est. Cost $65.75 Unrealized +19.2%

HUM HUMANA INC 5.4%

Value ($000) $45,025 Shares 120,500 Est. Cost $379.47 Unrealized -13.0%

SATS ECHOSTAR CORP 5.2%

Value ($000) $42,852 Shares 2,406,090 Est. Cost $13.94 Unrealized +18.9%

SGI TEMPUR SEALY INTL INC 5.1%

Value ($000) $42,292 Shares 893,364 Est. Cost $32.54 Unrealized +55.6%

GM GENERAL MTRS CO 4.6%

Value ($000) $37,925 Shares 816,300 Est. Cost $38.00 Unrealized +16.8%

TOL TOLL BROTHERS INC 4.3%

Value ($000) $35,964 Shares 312,244 Est. Cost $108.81 Unrealized +11.2%

— DISH NETWORK CORPORATION 3.8%

Value ($000) $31,213 Shares 50,344,000 Est. Cost $0.62 Unrealized —

— DISH NETWORK CORPORATION 1.3%

Value ($000) $11,072 Shares 15,047,000 Est. Cost $0.72 Unrealized —

HE HAWAIIAN ELEC INDUSTRIES 0.6%

Value ($000) $5,380 Shares 596,500 Est. Cost — Unrealized —

— SUNNOVA ENERGY INTL INC. 0.4%

Value ($000) $3,534 Shares 7,500,000 Est. Cost $0.47 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
PGR	PROGRESSIVE CORP	418,566	$86,940	10.5%	$128.81	+49.6%	COM	743315103
AER	AERCAP HOLDINGS NV	897,940	$83,688	10.1%	$64.20	+36.7%	SHS	N00985106
CZR	CAESARS ENTERTAINMENT INC NE	1,843,200	$73,249	8.8%	$47.50	-20.9%	COM	12769G100
WAL	WESTERN ALLIANCE BANCORP	1,149,256	$72,196	8.7%	$43.98	+32.7%	COM	957638109
TMUS	T-MOBILE US INC	373,220	$65,754	7.9%	$115.51	+41.6%	COM	872590104
—	UPSTART HLDGS INC	68,931,000	$53,687	6.5%	$0.58	—	NOTE 0.250% 8/1	91680MAB3
V	VISA INC	183,000	$48,032	5.8%	$211.62	+28.0%	COM CL A	92826C839
ELV	ELEVANCE HEALTH INC	86,259	$46,740	5.6%	$474.83	+8.2%	COM	036752103
CRH	CRH PLC	604,872	$45,353	5.5%	$65.75	+19.2%	ORD	G25508105
HUM	HUMANA INC	120,500	$45,025	5.4%	$379.47	-13.0%	COM	444859102
SATS	ECHOSTAR CORP	2,406,090	$42,852	5.2%	$13.94	+18.9%	CL A	278768106
SGI	TEMPUR SEALY INTL INC	893,364	$42,292	5.1%	$32.54	+55.6%	COM	88023U101
GM	GENERAL MTRS CO	816,300	$37,925	4.6%	$38.00	+16.8%	COM	37045V100
TOL	TOLL BROTHERS INC	312,244	$35,964	4.3%	$108.81	+11.2%	COM	889478103
—	DISH NETWORK CORPORATION	50,344,000	$31,213	3.8%	$0.62	—	NOTE 3.375% 8/1	25470MAB5
—	DISH NETWORK CORPORATION	15,047,000	$11,072	1.3%	$0.72	—	NOTE 12/1	25470MAF6
HE	HAWAIIAN ELEC INDUSTRIES	596,500	$5,380	0.6%	—	—	Put	419870100
—	SUNNOVA ENERGY INTL INC.	7,500,000	$3,534	0.4%	$0.47	—	NOTE 0.250%12/0	86745KAF1