140 Summer Partners LP Quant / Systematic

CIK: 0001820788 · Show all filings

Period: Q4 2024 (← Previous) (Next →)

Filing Date: Feb 14, 2025

Total Value ($000): $836,198 (92.3% shares, 7.7% debt)

Holdings (18)

PGR PROGRESSIVE CORP 11.6%

Value ($000) $97,221 Shares 405,746 Est. Cost $150.14 Unrealized +54.5%

AER AERCAP HOLDINGS NV 9.9%

Value ($000) $82,453 Shares 861,574 Est. Cost $66.19 Unrealized +43.7%

TMUS T-MOBILE US INC 8.8%

Value ($000) $73,552 Shares 333,220 Est. Cost $115.51 Unrealized +93.4%

COF CAPITAL ONE FINL CORP 8.5%

Value ($000) $71,153 Shares 399,016 Est. Cost $170.68 Unrealized 0.0%

— MR COOPER GROUP INC 8.4%

Value ($000) $69,959 Shares 728,668 Est. Cost $96.01 Unrealized —

DAL DELTA AIR LINES INC DEL 8.0%

Value ($000) $66,627 Shares 1,101,268 Est. Cost $58.33 Unrealized 0.0%

CRH CRH PLC 6.5%

Value ($000) $54,186 Shares 585,672 Est. Cost $65.75 Unrealized +44.9%

TOL TOLL BROTHERS INC 5.5%

Value ($000) $46,406 Shares 368,449 Est. Cost $116.78 Unrealized +27.2%

SGI TEMPUR SEALY INTL INC 5.5%

Value ($000) $45,747 Shares 806,964 Est. Cost $32.54 Unrealized +64.0%

CZR CAESARS ENTERTAINMENT INC NE 5.4%

Value ($000) $44,854 Shares 1,342,131 Est. Cost $47.50 Unrealized -16.7%

— SUNNOVA ENERGY INTL INC. 5.3%

Value ($000) $44,420 Shares 74,655,000 Est. Cost $0.69 Unrealized —

VIK VIKING HOLDINGS LTD 4.8%

Value ($000) $39,790 Shares 903,091 Est. Cost $34.22 Unrealized +24.0%

ELV ELEVANCE HEALTH INC 4.0%

Value ($000) $33,349 Shares 90,400 Est. Cost $490.98 Unrealized -16.6%

NBIS NEBIUS GROUP N.V. 2.7%

Value ($000) $22,578 Shares 815,079 Est. Cost $24.38 Unrealized 0.0%

— ECHOSTAR CORP 2.4%

Value ($000) $20,204 Shares 19,153,727 Est. Cost $1.05 Unrealized —

WAL WESTERN ALLIANCE BANCORP 1.2%

Value ($000) $10,012 Shares 119,845 Est. Cost $43.98 Unrealized +95.0%

OPTU ALTICE USA INC 0.9%

Value ($000) $7,885 Shares 3,271,900 Est. Cost $1.93 Unrealized +29.3%

HE HAWAIIAN ELEC INDUSTRIES 0.7%

Value ($000) $5,804 Shares 596,500 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
PGR	PROGRESSIVE CORP	405,746	$97,221	11.6%	$150.14	+54.5%	COM	743315103
AER	AERCAP HOLDINGS NV	861,574	$82,453	9.9%	$66.19	+43.7%	SHS	N00985106
TMUS	T-MOBILE US INC	333,220	$73,552	8.8%	$115.51	+93.4%	COM	872590104
COF	CAPITAL ONE FINL CORP	399,016	$71,153	8.5%	$170.68	0.0%	COM	14040H105
—	MR COOPER GROUP INC	728,668	$69,959	8.4%	$96.01	—	COM	62482R107
DAL	DELTA AIR LINES INC DEL	1,101,268	$66,627	8.0%	$58.33	0.0%	COM NEW	247361702
CRH	CRH PLC	585,672	$54,186	6.5%	$65.75	+44.9%	ORD	G25508105
TOL	TOLL BROTHERS INC	368,449	$46,406	5.5%	$116.78	+27.2%	COM	889478103
SGI	TEMPUR SEALY INTL INC	806,964	$45,747	5.5%	$32.54	+64.0%	COM	88023U101
CZR	CAESARS ENTERTAINMENT INC NE	1,342,131	$44,854	5.4%	$47.50	-16.7%	COM	12769G100
—	SUNNOVA ENERGY INTL INC.	74,655,000	$44,420	5.3%	$0.69	—	NOTE 0.250%12/0	86745KAF1
VIK	VIKING HOLDINGS LTD	903,091	$39,790	4.8%	$34.22	+24.0%	ORD SHS	G93A5A101
ELV	ELEVANCE HEALTH INC	90,400	$33,349	4.0%	$490.98	-16.6%	COM	036752103
NBIS	NEBIUS GROUP N.V.	815,079	$22,578	2.7%	$24.38	0.0%	SHS CLASS A	N97284108
—	ECHOSTAR CORP	19,153,727	$20,204	2.4%	$1.05	—	NOTE 3.875%11/3	278768AB2
WAL	WESTERN ALLIANCE BANCORP	119,845	$10,012	1.2%	$43.98	+95.0%	COM	957638109
OPTU	ALTICE USA INC	3,271,900	$7,885	0.9%	$1.93	+29.3%	CL A	02156K103
HE	HAWAIIAN ELEC INDUSTRIES	596,500	$5,804	0.7%	—	—	Put	419870100