CYPRESS FUNDS LLC Diversified Active

Location: Los Angeles, CA

CIK: 0001081198 · Show all filings

Period: Q4 2016 (← Previous) (Next →)

Filing Date: Feb 7, 2017

Total Value: $594M (100.0% shares, 0.0% debt)

Holdings (29)

IWM ISHARES TR 13.6%

Value $80.91M Shares 600,000 Share Price $134.85 Est. Cost/Share — Unrealized @ Report Date —

SPY SPDR S&P 500 ETF TR 13.2%

Value $78.24M Shares 350,000 Share Price $223.53 Est. Cost/Share — Unrealized @ Report Date —

DG DOLLAR GEN CORP NEW 5.9%

Value $34.81M Shares 470,000 Share Price $74.07 * Est. Cost/Share $71.05 Unrealized @ Report Date -8.7%

META FACEBOOK INC 4.2%

Value $24.74M Shares 215,000 Share Price $115.05 * Est. Cost/Share $84.48 Unrealized @ Report Date +44.4%

— MACQUARIE INFRASTRUCTURE COR 4.1%

Value $24.27M Shares 297,000 Share Price $81.70 Est. Cost/Share $70.42 Unrealized @ Report Date —

QRVO QORVO INC 4.0%

Value $23.73M Shares 450,000 Share Price $52.73 * Est. Cost/Share $56.44 Unrealized @ Report Date -3.6%

— ALEXION PHARMACEUTICALS INC 4.0%

Value $23.61M Shares 193,000 Share Price $122.35 Est. Cost/Share $122.43 Unrealized @ Report Date —

— SPECTRUM BRANDS HLDGS INC 3.9%

Value $22.88M Shares 187,000 Share Price $122.33 Est. Cost/Share $104.36 Unrealized @ Report Date —

LMT LOCKHEED MARTIN CORP 3.5%

Value $20.75M Shares 83,000 Share Price $249.94 * Est. Cost/Share $133.04 Unrealized @ Report Date +47.3%

AMZN AMAZON COM INC 3.5%

Value $20.62M Shares 27,500 Share Price $749.85 * Est. Cost/Share $30.74 Unrealized @ Report Date +27.5%

— ROYAL DUTCH SHELL PLC 3.5%

Value $20.52M Shares 750,000 Share Price $27.36 Est. Cost/Share $27.36 Unrealized @ Report Date —

— BROADCOM LTD 3.4%

Value $20.33M Shares 115,000 Share Price $176.77 Est. Cost/Share $158.37 Unrealized @ Report Date —

XPO XPO LOGISTICS INC 3.4%

Value $20.29M Shares 470,000 Share Price $43.16 * Est. Cost/Share $10.32 Unrealized @ Report Date +35.0%

NOC NORTHROP GRUMMAN CORP 3.3%

Value $19.77M Shares 85,000 Share Price $232.58 * Est. Cost/Share $155.62 Unrealized @ Report Date +28.9%

— RAYTHEON CO 3.1%

Value $18.46M Shares 130,000 Share Price $142.00 Est. Cost/Share $136.13 Unrealized @ Report Date —

— HRG GROUP INC 3.0%

Value $17.89M Shares 1,150,000 Share Price $15.56 Est. Cost/Share $13.00 Unrealized @ Report Date —

TPH TRI POINTE GROUP INC 2.9%

Value $17.51M Shares 1,525,000 Share Price $11.48 * Est. Cost/Share $12.31 Unrealized @ Report Date -2.9%

— KANSAS CITY SOUTHERN 2.7%

Value $16.12M Shares 190,000 Share Price $84.85 Est. Cost/Share $86.09 Unrealized @ Report Date —

— KATE SPADE & CO 2.5%

Value $14.94M Shares 800,000 Share Price $18.67 Est. Cost/Share $18.67 Unrealized @ Report Date —

NXPI NXP SEMICONDUCTORS N V 2.2%

Value $12.81M Shares 130,700 Share Price $98.01 * Est. Cost/Share $75.31 Unrealized @ Report Date +17.3%

AAP ADVANCE AUTO PARTS INC 2.1%

Value $12.52M Shares 74,000 Share Price $169.12 * Est. Cost/Share $137.83 Unrealized @ Report Date 0.0%

ROST ROSS STORES INC 1.5%

Value $8.922M Shares 136,000 Share Price $65.60 * Est. Cost/Share $56.21 Unrealized @ Report Date +6.3%

SWKS SKYWORKS SOLUTIONS INC 1.4%

Value $8.213M Shares 110,000 Share Price $74.66 * Est. Cost/Share $64.16 Unrealized @ Report Date -1.2%

— BUFFALO WILD WINGS INC 1.2%

Value $7.411M Shares 48,000 Share Price $154.40 Est. Cost/Share $154.40 Unrealized @ Report Date —

— ALEXION PHARMACEUTICALS INC 1.0%

Value $6.118M Shares 50,000 Share Price $122.36 Est. Cost/Share $122.43 Unrealized @ Report Date —

— WESTROCK CO 1.0%

Value $5.839M Shares 115,000 Share Price $50.77 Est. Cost/Share $38.87 Unrealized @ Report Date —

— POPEYES LA KITCHEN INC 0.7%

Value $4.234M Shares 70,000 Share Price $60.49 Est. Cost/Share $53.14 Unrealized @ Report Date —

— VALEANT PHARMACEUTICALS INTL 0.6%

Value $3.775M Shares 260,000 Share Price $14.52 Est. Cost/Share — Unrealized @ Report Date —

— FORTERRA INC 0.6%

Value $3.466M Shares 160,000 Share Price $21.66 Est. Cost/Share $21.66 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
IWM	ISHARES TR	600,000	$80.91M	13.6%	$134.85	—	—	Put	464287655
SPY	SPDR S&P 500 ETF TR	350,000	$78.24M	13.2%	$223.53	—	—	Put	78462F103
DG	DOLLAR GEN CORP NEW	470,000	$34.81M	5.9%	$74.07 *	$71.05	-8.7%	COM	256677105
META	FACEBOOK INC	215,000	$24.74M	4.2%	$115.05 *	$84.48	+44.4%	CL A	30303M102
—	MACQUARIE INFRASTRUCTURE COR	297,000	$24.27M	4.1%	$81.70	$70.42	—	COM	55608B105
QRVO	QORVO INC	450,000	$23.73M	4.0%	$52.73 *	$56.44	-3.6%	COM	74736K101
—	ALEXION PHARMACEUTICALS INC	193,000	$23.61M	4.0%	$122.35	$122.43	—	COM	015351109
—	SPECTRUM BRANDS HLDGS INC	187,000	$22.88M	3.9%	$122.33	$104.36	—	COM	84763R101
LMT	LOCKHEED MARTIN CORP	83,000	$20.75M	3.5%	$249.94 *	$133.04	+47.3%	COM	539830109
AMZN	AMAZON COM INC	27,500	$20.62M	3.5%	$749.85 *	$30.74	+27.5%	COM	023135106
—	ROYAL DUTCH SHELL PLC	750,000	$20.52M	3.5%	$27.36	$27.36	—	SPON ADR B	780259107
—	BROADCOM LTD	115,000	$20.33M	3.4%	$176.77	$158.37	—	SHS	Y09827109
XPO	XPO LOGISTICS INC	470,000	$20.29M	3.4%	$43.16 *	$10.32	+35.0%	COM	983793100
NOC	NORTHROP GRUMMAN CORP	85,000	$19.77M	3.3%	$232.58 *	$155.62	+28.9%	COM	666807102
—	RAYTHEON CO	130,000	$18.46M	3.1%	$142.00	$136.13	—	COM NEW	755111507
—	HRG GROUP INC	1,150,000	$17.89M	3.0%	$15.56	$13.00	—	COM	40434J100
TPH	TRI POINTE GROUP INC	1,525,000	$17.51M	2.9%	$11.48 *	$12.31	-2.9%	COM	87265H109
—	KANSAS CITY SOUTHERN	190,000	$16.12M	2.7%	$84.85	$86.09	—	COM NEW	485170302
—	KATE SPADE & CO	800,000	$14.94M	2.5%	$18.67	$18.67	—	COM	485865109
NXPI	NXP SEMICONDUCTORS N V	130,700	$12.81M	2.2%	$98.01 *	$75.31	+17.3%	COM	N6596X109
AAP	ADVANCE AUTO PARTS INC	74,000	$12.52M	2.1%	$169.12 *	$137.83	0.0%	COM	00751Y106
ROST	ROSS STORES INC	136,000	$8.922M	1.5%	$65.60 *	$56.21	+6.3%	COM	778296103
SWKS	SKYWORKS SOLUTIONS INC	110,000	$8.213M	1.4%	$74.66 *	$64.16	-1.2%	COM	83088M102
—	BUFFALO WILD WINGS INC	48,000	$7.411M	1.2%	$154.40	$154.40	—	COM	119848109
—	ALEXION PHARMACEUTICALS INC	50,000	$6.118M	1.0%	$122.36	$122.43	—	Call	015351109
—	WESTROCK CO	115,000	$5.839M	1.0%	$50.77	$38.87	—	COM	96145D105
—	POPEYES LA KITCHEN INC	70,000	$4.234M	0.7%	$60.49	$53.14	—	COM	732872106
—	VALEANT PHARMACEUTICALS INTL	260,000	$3.775M	0.6%	$14.52	—	—	Put	91911K102
—	FORTERRA INC	160,000	$3.466M	0.6%	$21.66	$21.66	—	COM	34960W106