140 Summer Partners LP Quant / Systematic

CIK: 0001820788 · Show all filings

Period: Q3 2024 (← Previous) (Next →)

Filing Date: Nov 13, 2024

Total Value ($000): $928,303 (86.8% shares, 13.2% debt)

Holdings (21)

AER AERCAP HOLDINGS NV 9.8%

Value ($000) $91,437 Shares 965,340 Est. Cost $66.19 Unrealized +40.0%

PGR PROGRESSIVE CORP 8.8%

Value ($000) $81,677 Shares 321,866 Est. Cost $128.81 Unrealized +66.2%

WAL WESTERN ALLIANCE BANCORP 8.6%

Value ($000) $79,446 Shares 918,556 Est. Cost $43.98 Unrealized +69.8%

TMUS T-MOBILE US INC 8.1%

Value ($000) $74,995 Shares 363,420 Est. Cost $115.51 Unrealized +62.2%

CZR CAESARS ENTERTAINMENT INC NE 7.8%

Value ($000) $72,373 Shares 1,733,900 Est. Cost $47.50 Unrealized -21.1%

ELV ELEVANCE HEALTH INC 7.5%

Value ($000) $69,191 Shares 133,059 Est. Cost $490.98 Unrealized +6.1%

— DISH NETWORK CORPORATION 6.2%

Value ($000) $57,363 Shares 70,710,000 Est. Cost $0.68 Unrealized —

CRH CRH PLC 5.9%

Value ($000) $54,315 Shares 585,672 Est. Cost $65.75 Unrealized +26.0%

VIK VIKING HOLDINGS LTD 5.2%

Value ($000) $48,334 Shares 1,385,335 Est. Cost $34.22 Unrealized 0.0%

TOL TOLL BROTHERS INC 4.9%

Value ($000) $45,489 Shares 294,444 Est. Cost $108.81 Unrealized +24.6%

SATS ECHOSTAR CORP 4.9%

Value ($000) $45,356 Shares 1,827,400 Est. Cost $13.94 Unrealized +46.6%

— SUNNOVA ENERGY INTL INC. 4.8%

Value ($000) $44,355 Shares 58,656,000 Est. Cost $0.72 Unrealized —

SGI TEMPUR SEALY INTL INC 4.7%

Value ($000) $44,060 Shares 806,964 Est. Cost $32.54 Unrealized +56.2%

— BEACON ROOFING SUPPLY INC 3.2%

Value ($000) $29,343 Shares 339,500 Est. Cost $86.43 Unrealized —

— DISH NETWORK CORPORATION 2.2%

Value ($000) $20,861 Shares 24,047,000 Est. Cost $0.77 Unrealized —

ALLY ALLY FINL INC 2.1%

Value ($000) $19,140 Shares 537,800 Est. Cost $38.03 Unrealized 0.0%

GM GENERAL MTRS CO 1.9%

Value ($000) $17,882 Shares 398,800 Est. Cost $38.00 Unrealized +20.2%

SATS ECHOSTAR CORP 1.8%

Value ($000) $17,098 Shares 688,883 Est. Cost $13.94 Unrealized +46.6%

OPTU ALTICE USA INC 1.0%

Value ($000) $9,004 Shares 3,660,200 Est. Cost $1.93 Unrealized 0.0%

HE HAWAIIAN ELEC INDUSTRIES 0.6%

Value ($000) $5,774 Shares 596,500 Est. Cost — Unrealized —

— AZUL S A 0.1%

Value ($000) $808 Shares 235,000 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AER	AERCAP HOLDINGS NV	965,340	$91,437	9.8%	$66.19	+40.0%	SHS	N00985106
PGR	PROGRESSIVE CORP	321,866	$81,677	8.8%	$128.81	+66.2%	COM	743315103
WAL	WESTERN ALLIANCE BANCORP	918,556	$79,446	8.6%	$43.98	+69.8%	COM	957638109
TMUS	T-MOBILE US INC	363,420	$74,995	8.1%	$115.51	+62.2%	COM	872590104
CZR	CAESARS ENTERTAINMENT INC NE	1,733,900	$72,373	7.8%	$47.50	-21.1%	COM	12769G100
ELV	ELEVANCE HEALTH INC	133,059	$69,191	7.5%	$490.98	+6.1%	COM	036752103
—	DISH NETWORK CORPORATION	70,710,000	$57,363	6.2%	$0.68	—	NOTE 3.375% 8/1	25470MAB5
CRH	CRH PLC	585,672	$54,315	5.9%	$65.75	+26.0%	ORD	G25508105
VIK	VIKING HOLDINGS LTD	1,385,335	$48,334	5.2%	$34.22	0.0%	ORD SHS	G93A5A101
TOL	TOLL BROTHERS INC	294,444	$45,489	4.9%	$108.81	+24.6%	COM	889478103
SATS	ECHOSTAR CORP	1,827,400	$45,356	4.9%	$13.94	+46.6%	Call	278768106
—	SUNNOVA ENERGY INTL INC.	58,656,000	$44,355	4.8%	$0.72	—	NOTE 0.250%12/0	86745KAF1
SGI	TEMPUR SEALY INTL INC	806,964	$44,060	4.7%	$32.54	+56.2%	COM	88023U101
—	BEACON ROOFING SUPPLY INC	339,500	$29,343	3.2%	$86.43	—	COM	073685109
—	DISH NETWORK CORPORATION	24,047,000	$20,861	2.2%	$0.77	—	NOTE 12/1	25470MAF6
ALLY	ALLY FINL INC	537,800	$19,140	2.1%	$38.03	0.0%	COM	02005N100
GM	GENERAL MTRS CO	398,800	$17,882	1.9%	$38.00	+20.2%	COM	37045V100
SATS	ECHOSTAR CORP	688,883	$17,098	1.8%	$13.94	+46.6%	CL A	278768106
OPTU	ALTICE USA INC	3,660,200	$9,004	1.0%	$1.93	0.0%	CL A	02156K103
HE	HAWAIIAN ELEC INDUSTRIES	596,500	$5,774	0.6%	—	—	Put	419870100
—	AZUL S A	235,000	$808	0.1%	—	—	Call	05501U106