CYPRESS FUNDS LLC Diversified Active

Location: Los Angeles, CA

CIK: 0001081198 · Show all filings

Period: Q2 2017 (← Previous) (Next →)

Filing Date: Jul 25, 2017

Total Value: $509M (100.0% shares, 0.0% debt)

Holdings (20)

SPY SPDR S&P 500 ETF TR 13.1%

Value $66.5M Shares 275,000 Share Price $241.80 Est. Cost/Share — Unrealized @ Report Date —

— LAM RESEARCH CORP 6.4%

Value $32.81M Shares 232,000 Share Price $141.43 Est. Cost/Share $141.43 Unrealized @ Report Date —

META FACEBOOK INC 6.4%

Value $32.46M Shares 215,000 Share Price $150.98 * Est. Cost/Share $84.48 Unrealized @ Report Date +74.8%

MCHP MICROCHIP TECHNOLOGY INC 6.0%

Value $30.72M Shares 398,000 Share Price $77.18 * Est. Cost/Share $33.53 Unrealized @ Report Date 0.0%

— BROADCOM LTD 5.8%

Value $29.74M Shares 127,600 Share Price $233.05 Est. Cost/Share $233.05 Unrealized @ Report Date —

XPO XPO LOGISTICS INC 5.6%

Value $28.57M Shares 442,000 Share Price $64.63 * Est. Cost/Share $10.32 Unrealized @ Report Date +81.5%

— TABLEAU SOFTWARE INC 5.5%

Value $28.03M Shares 457,500 Share Price $61.27 Est. Cost/Share $61.27 Unrealized @ Report Date —

WDC WESTERN DIGITAL CORP 5.3%

Value $27.05M Shares 305,250 Share Price $88.60 * Est. Cost/Share $54.02 Unrealized @ Report Date +10.5%

— RAYTHEON CO 5.0%

Value $25.35M Shares 157,000 Share Price $161.48 Est. Cost/Share $140.49 Unrealized @ Report Date —

AMZN AMAZON COM INC 4.9%

Value $25.17M Shares 26,000 Share Price $968.00 * Est. Cost/Share $30.74 Unrealized @ Report Date +55.2%

LMT LOCKHEED MARTIN CORP 4.5%

Value $23.04M Shares 83,000 Share Price $277.61 * Est. Cost/Share $133.04 Unrealized @ Report Date +64.1%

CHDN CHURCHILL DOWNS INC 4.4%

Value $22.27M Shares 121,500 Share Price $183.30 * Est. Cost/Share $27.28 Unrealized @ Report Date 0.0%

NOC NORTHROP GRUMMAN CORP 4.3%

Value $21.82M Shares 85,000 Share Price $256.71 * Est. Cost/Share $155.62 Unrealized @ Report Date +39.8%

CTSH COGNIZANT TECHNOLOGY SOLUTIO 4.2%

Value $21.58M Shares 325,000 Share Price $66.40 * Est. Cost/Share $56.39 Unrealized @ Report Date 0.0%

— HRG GROUP INC 3.8%

Value $19.48M Shares 1,100,000 Share Price $17.71 Est. Cost/Share $13.21 Unrealized @ Report Date —

— MACQUARIE INFRASTRUCTURE COR 3.7%

Value $18.82M Shares 240,000 Share Price $78.40 Est. Cost/Share $72.91 Unrealized @ Report Date —

— SPECTRUM BRANDS HLDGS INC 3.7%

Value $18.76M Shares 150,000 Share Price $125.04 Est. Cost/Share $106.29 Unrealized @ Report Date —

— KANSAS CITY SOUTHERN 3.1%

Value $15.7M Shares 150,000 Share Price $104.65 Est. Cost/Share $86.09 Unrealized @ Report Date —

BA BOEING CO 3.0%

Value $15.03M Shares 76,000 Share Price $197.75 * Est. Cost/Share $158.76 Unrealized @ Report Date +10.2%

— LAM RESEARCH CORP 1.2%

Value $5.883M Shares 41,600 Share Price $141.42 Est. Cost/Share $141.43 Unrealized @ Report Date —

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
SPY	SPDR S&P 500 ETF TR	275,000	$66.5M	13.1%	$241.80	—	—	Put	78462F103
—	LAM RESEARCH CORP	232,000	$32.81M	6.4%	$141.43	$141.43	—	COM	512807108
META	FACEBOOK INC	215,000	$32.46M	6.4%	$150.98 *	$84.48	+74.8%	CL A	30303M102
MCHP	MICROCHIP TECHNOLOGY INC	398,000	$30.72M	6.0%	$77.18 *	$33.53	0.0%	COM	595017104
—	BROADCOM LTD	127,600	$29.74M	5.8%	$233.05	$233.05	—	SHS	Y09827109
XPO	XPO LOGISTICS INC	442,000	$28.57M	5.6%	$64.63 *	$10.32	+81.5%	COM	983793100
—	TABLEAU SOFTWARE INC	457,500	$28.03M	5.5%	$61.27	$61.27	—	CL A	87336U105
WDC	WESTERN DIGITAL CORP	305,250	$27.05M	5.3%	$88.60 *	$54.02	+10.5%	COM	958102105
—	RAYTHEON CO	157,000	$25.35M	5.0%	$161.48	$140.49	—	COM NEW	755111507
AMZN	AMAZON COM INC	26,000	$25.17M	4.9%	$968.00 *	$30.74	+55.2%	COM	023135106
LMT	LOCKHEED MARTIN CORP	83,000	$23.04M	4.5%	$277.61 *	$133.04	+64.1%	COM	539830109
CHDN	CHURCHILL DOWNS INC	121,500	$22.27M	4.4%	$183.30 *	$27.28	0.0%	COM	171484108
NOC	NORTHROP GRUMMAN CORP	85,000	$21.82M	4.3%	$256.71 *	$155.62	+39.8%	COM	666807102
CTSH	COGNIZANT TECHNOLOGY SOLUTIO	325,000	$21.58M	4.2%	$66.40 *	$56.39	0.0%	CL A	192446102
—	HRG GROUP INC	1,100,000	$19.48M	3.8%	$17.71	$13.21	—	COM	40434J100
—	MACQUARIE INFRASTRUCTURE COR	240,000	$18.82M	3.7%	$78.40	$72.91	—	COM	55608B105
—	SPECTRUM BRANDS HLDGS INC	150,000	$18.76M	3.7%	$125.04	$106.29	—	COM	84763R101
—	KANSAS CITY SOUTHERN	150,000	$15.7M	3.1%	$104.65	$86.09	—	COM NEW	485170302
BA	BOEING CO	76,000	$15.03M	3.0%	$197.75 *	$158.76	+10.2%	COM	097023105
—	LAM RESEARCH CORP	41,600	$5.883M	1.2%	$141.42	$141.43	—	Call	512807108