Tiptree Advisors, LLC Hedge Fund

Location: New York, NY

CIK: 0001455452 · Show all filings

Period: Q1 2014 (← Previous) (Next →)

Filing Date: May 15, 2014

Total Value: $380M (100.0% shares, 0.0% debt)

Holdings (28)

— FORTRESS INVESTMENT GROUP LL 10.7%

Value $40.61M Shares 5,487,282 Est. Cost $6.64 Unrealized —

STZ CONSTELLATION BRANDS INC 10.1%

Value $38.24M Shares 450,000 Est. Cost $54.79 Unrealized +24.3%

KODK EASTMAN KODAK CO 9.3%

Value $35.15M Shares 1,084,262 Est. Cost $26.90 Unrealized +12.1%

LNG CHENIERE ENERGY INC 8.7%

Value $33.21M Shares 600,000 Est. Cost $28.08 Unrealized +70.7%

— CHIMERA INVT CORP 8.2%

Value $31.23M Shares 10,205,884 Est. Cost $3.10 Unrealized —

VC VISTEON CORP 7.2%

Value $27.2M Shares 307,500 Est. Cost $39.97 Unrealized +20.1%

— DELPHI AUTOMOTIVE PLC 7.2%

Value $27.14M Shares 400,000 Est. Cost $52.58 Unrealized —

— SIX FLAGS ENTMT CORP NEW 5.3%

Value $20.07M Shares 500,000 Est. Cost $35.14 Unrealized —

AIG AMERICAN INTL GROUP INC 4.3%

Value $16.5M Shares 330,000 Est. Cost $32.51 Unrealized +16.5%

ARQ ADVANCED EMISSIONS SOLUTS IN 4.2%

Value $16.09M Shares 655,472 Est. Cost $18.11 Unrealized +7.9%

APD AIR PRODS & CHEMS INC 4.1%

Value $15.47M Shares 130,000 Est. Cost $79.28 Unrealized 0.0%

— DISH NETWORK CORP 3.3%

Value $12.44M Shares 200,000 Est. Cost $49.31 Unrealized —

— LORAL SPACE & COMMUNICATNS I 3.2%

Value $12.02M Shares 170,000 Est. Cost $70.73 Unrealized —

GM GENERAL MTRS CO 2.7%

Value $10.33M Shares 300,000 Est. Cost $27.66 Unrealized -0.8%

— TESSERA TECHNOLOGIES INC 2.7%

Value $10.16M Shares 430,000 Est. Cost $23.63 Unrealized —

CPF CENTRAL PAC FINL CORP 1.8%

Value $6.902M Shares 341,689 Est. Cost $11.01 Unrealized +16.1%

NBHC NATIONAL BK HLDGS CORP 1.5%

Value $5.7M Shares 284,000 Est. Cost $14.46 Unrealized +10.2%

— OCWEN FINL CORP 1.3%

Value $4.858M Shares 124,000 Est. Cost $39.18 Unrealized —

GTN GRAY TELEVISION INC 1.1%

Value $4.201M Shares 405,139 Est. Cost $11.35 Unrealized 0.0%

— APOLLO RESIDENTIAL MTG INC 0.7%

Value $2.651M Shares 163,337 Est. Cost $16.23 Unrealized —

APD AIR PRODS & CHEMS INC 0.5%

Value $2.032M Shares 320,000 Est. Cost $79.28 Unrealized 0.0%

C CITIGROUP INC 0.5%

Value $2.017M Shares 42,383 Est. Cost $36.07 Unrealized +2.8%

— HEALTH NET INC 0.5%

Value $1.99M Shares 58,500 Est. Cost $34.02 Unrealized —

GM GENERAL MTRS CO 0.3%

Value $1.265M Shares 1,000,000 Est. Cost $27.66 Unrealized -0.8%

F FORD MTR CO DEL 0.2%

Value $780K Shares 1,200,000 Est. Cost $8.25 Unrealized +1.5%

— EASTMAN KODAK CO 0.2%

Value $582K Shares 31,954 Est. Cost $19.72 Unrealized —

— EASTMAN KODAK CO 0.1%

Value $544K Shares 31,954 Est. Cost $18.43 Unrealized —

— POTASH CORP SASK INC 0.1%

Value $250K Shares 200,000 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	FORTRESS INVESTMENT GROUP LL	5,487,282	$40.61M	10.7%	$6.64	—	CL A	34958B106
STZ	CONSTELLATION BRANDS INC	450,000	$38.24M	10.1%	$54.79	+24.3%	CL A	21036P108
KODK	EASTMAN KODAK CO	1,084,262	$35.15M	9.3%	$26.90	+12.1%	COM NEW	277461406
LNG	CHENIERE ENERGY INC	600,000	$33.21M	8.7%	$28.08	+70.7%	COM NEW	16411R208
—	CHIMERA INVT CORP	10,205,884	$31.23M	8.2%	$3.10	—	COM	16934Q109
VC	VISTEON CORP	307,500	$27.2M	7.2%	$39.97	+20.1%	COM NEW	92839U206
—	DELPHI AUTOMOTIVE PLC	400,000	$27.14M	7.2%	$52.58	—	SHS	G27823106
—	SIX FLAGS ENTMT CORP NEW	500,000	$20.07M	5.3%	$35.14	—	COM	83001A102
AIG	AMERICAN INTL GROUP INC	330,000	$16.5M	4.3%	$32.51	+16.5%	COM NEW	026874784
ARQ	ADVANCED EMISSIONS SOLUTS IN	655,472	$16.09M	4.2%	$18.11	+7.9%	COM	00770C101
APD	AIR PRODS & CHEMS INC	130,000	$15.47M	4.1%	$79.28	0.0%	COM	009158106
—	DISH NETWORK CORP	200,000	$12.44M	3.3%	$49.31	—	CL A	25470M109
—	LORAL SPACE & COMMUNICATNS I	170,000	$12.02M	3.2%	$70.73	—	COM	543881106
GM	GENERAL MTRS CO	300,000	$10.33M	2.7%	$27.66	-0.8%	COM	37045V100
—	TESSERA TECHNOLOGIES INC	430,000	$10.16M	2.7%	$23.63	—	COM	88164L100
CPF	CENTRAL PAC FINL CORP	341,689	$6.902M	1.8%	$11.01	+16.1%	COM NEW	154760409
NBHC	NATIONAL BK HLDGS CORP	284,000	$5.7M	1.5%	$14.46	+10.2%	CL A	633707104
—	OCWEN FINL CORP	124,000	$4.858M	1.3%	$39.18	—	COM NEW	675746309
GTN	GRAY TELEVISION INC	405,139	$4.201M	1.1%	$11.35	0.0%	COM	389375106
—	APOLLO RESIDENTIAL MTG INC	163,337	$2.651M	0.7%	$16.23	—	COM	03763V102
APD	AIR PRODS & CHEMS INC	320,000	$2.032M	0.5%	$79.28	0.0%	Call	009158106
C	CITIGROUP INC	42,383	$2.017M	0.5%	$36.07	+2.8%	COM NEW	172967424
—	HEALTH NET INC	58,500	$1.99M	0.5%	$34.02	—	COM	42222G108
GM	GENERAL MTRS CO	1,000,000	$1.265M	0.3%	$27.66	-0.8%	Call	37045V100
F	FORD MTR CO DEL	1,200,000	$780K	0.2%	$8.25	+1.5%	Call	345370860
—	EASTMAN KODAK CO	31,954	$582K	0.2%	$19.72	—	*W EXP 09/03/201	277461133
—	EASTMAN KODAK CO	31,954	$544K	0.1%	$18.43	—	*W EXP 09/03/201	277461141
—	POTASH CORP SASK INC	200,000	$250K	0.1%	—	—	Call	73755L107