Tiptree Advisors, LLC Hedge Fund

CIK: 0001455452 · Show all filings

Period: Q1 2015 (← Previous) (Next →)

Filing Date: May 13, 2015

Total Value ($000): $724,443 (95.9% shares, 4.1% debt)

Holdings (37)

WBS WEBSTER FINL CORP CONN 10.9%

Value ($000) $79,294 Shares 2,140,187 Est. Cost $32.24 Unrealized +4.2%

— SPRINGLEAF HLDGS INC 10.3%

Value ($000) $74,968 Shares 1,448,090 Est. Cost $28.95 Unrealized —

STZ CONSTELLATION BRANDS INC 9.4%

Value ($000) $67,991 Shares 585,070 Est. Cost $60.98 Unrealized +58.0%

APD AIR PRODS & CHEMS INC 8.2%

Value ($000) $59,135 Shares 390,900 Est. Cost $84.68 Unrealized +25.0%

— FORTRESS INVESTMENT GROUP LL 5.4%

Value ($000) $38,911 Shares 4,821,681 Est. Cost $6.79 Unrealized —

— DELPHI AUTOMOTIVE PLC 5.3%

Value ($000) $38,594 Shares 484,000 Est. Cost $55.27 Unrealized —

LNG CHENIERE ENERGY INC 5.0%

Value ($000) $35,914 Shares 464,000 Est. Cost $48.14 Unrealized +55.0%

— YAHOO INC 4.1%

Value ($000) $29,701 Shares 668,418 Est. Cost $47.12 Unrealized —

— JARDEN CORP 4.1%

Value ($000) $29,688 Shares 25,000,000 Est. Cost $1.19 Unrealized —

M MACYS INC 3.6%

Value ($000) $26,224 Shares 404,000 Est. Cost $64.35 Unrealized 0.0%

— HEALTH NET INC 3.5%

Value ($000) $25,599 Shares 423,200 Est. Cost $41.56 Unrealized —

— AMC ENTMT HLDGS INC 3.1%

Value ($000) $22,714 Shares 640,000 Est. Cost $32.00 Unrealized —

— IAC INTERACTIVECORP 3.1%

Value ($000) $22,602 Shares 335,000 Est. Cost $67.47 Unrealized —

— SALIX PHARMACEUTICALS INC 3.0%

Value ($000) $21,798 Shares 126,000 Est. Cost $114.94 Unrealized —

— TRAVELPORT WORLDWIDE LTD 2.9%

Value ($000) $20,785 Shares 1,244,600 Est. Cost $16.46 Unrealized —

— HOUGHTON MIFFLIN HARCOURT CO 2.8%

Value ($000) $20,615 Shares 877,998 Est. Cost $21.18 Unrealized —

— BLACKHAWK NETWORK HLDGS INC 2.3%

Value ($000) $16,679 Shares 469,159 Est. Cost $29.32 Unrealized —

— TESSERA TECHNOLOGIES INC 2.3%

Value ($000) $16,423 Shares 407,732 Est. Cost $24.23 Unrealized —

APD AIR PRODS & CHEMS INC 1.9%

Value ($000) $14,055 Shares 825,000 Est. Cost $84.68 Unrealized +25.0%

— SHUTTERFLY INC 1.9%

Value ($000) $14,052 Shares 310,600 Est. Cost $45.24 Unrealized —

TSQ TOWNSQUARE MEDIA INC 1.5%

Value ($000) $10,541 Shares 820,300 Est. Cost $12.19 Unrealized +6.9%

XHR XENIA HOTELS & RESORTS INC 1.4%

Value ($000) $10,010 Shares 440,000 Est. Cost $22.75 Unrealized —

— SIX FLAGS ENTMT CORP NEW 1.3%

Value ($000) $9,440 Shares 195,000 Est. Cost $34.99 Unrealized —

— AMERICAN RLTY CAP PPTYS INC 1.0%

Value ($000) $7,388 Shares 750,000 Est. Cost $9.05 Unrealized —

— AMERICAN CAPITAL AGENCY CORP 0.7%

Value ($000) $5,134 Shares 240,700 Est. Cost $21.33 Unrealized —

KODK EASTMAN KODAK CO 0.2%

Value ($000) $1,301 Shares 68,511 Est. Cost $26.90 Unrealized -29.5%

— SPDR SERIES TRUST 0.2%

Value ($000) $1,124 Shares 21,750 Est. Cost $47.86 Unrealized —

— CORDIA BANCORP INC 0.1%

Value ($000) $962 Shares 232,940 Est. Cost $3.58 Unrealized —

— BLACKHAWK NETWORK HLDGS INC 0.1%

Value ($000) $901 Shares 25,200 Est. Cost $35.75 Unrealized —

— OCWEN FINL CORP 0.1%

Value ($000) $660 Shares 150,000 Est. Cost $8.27 Unrealized —

BABA ALIBABA GROUP HLDG LTD 0.1%

Value ($000) $410 Shares 31,500 Est. Cost — Unrealized —

KRE SPDR SERIES TRUST 0.0%

Value ($000) $316 Shares 451,500 Est. Cost — Unrealized —

— EASTMAN KODAK CO 0.0%

Value ($000) $217 Shares 40,109 Est. Cost $17.01 Unrealized —

— OCWEN FINL CORP 0.0%

Value ($000) $172 Shares 20,800 Est. Cost $8.27 Unrealized —

— EASTMAN KODAK CO 0.0%

Value ($000) $86 Shares 19,138 Est. Cost $16.98 Unrealized —

XRT SPDR SERIES TRUST 0.0%

Value ($000) $35 Shares 50,000 Est. Cost — Unrealized —

— OCWEN FINL CORP 0.0%

Value ($000) $4 Shares 150,000 Est. Cost $8.27 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
WBS	WEBSTER FINL CORP CONN	2,140,187	$79,294	10.9%	$32.24	+4.2%	COM	947890109
—	SPRINGLEAF HLDGS INC	1,448,090	$74,968	10.3%	$28.95	—	COM	85172J101
STZ	CONSTELLATION BRANDS INC	585,070	$67,991	9.4%	$60.98	+58.0%	CL A	21036P108
APD	AIR PRODS & CHEMS INC	390,900	$59,135	8.2%	$84.68	+25.0%	COM	009158106
—	FORTRESS INVESTMENT GROUP LL	4,821,681	$38,911	5.4%	$6.79	—	CL A	34958B106
—	DELPHI AUTOMOTIVE PLC	484,000	$38,594	5.3%	$55.27	—	SHS	G27823106
LNG	CHENIERE ENERGY INC	464,000	$35,914	5.0%	$48.14	+55.0%	COM NEW	16411R208
—	YAHOO INC	668,418	$29,701	4.1%	$47.12	—	COM	984332106
—	JARDEN CORP	25,000,000	$29,688	4.1%	$1.19	—	NOTE 1.125% 3/1	471109AM0
M	MACYS INC	404,000	$26,224	3.6%	$64.35	0.0%	COM	55616P104
—	HEALTH NET INC	423,200	$25,599	3.5%	$41.56	—	COM	42222G108
—	AMC ENTMT HLDGS INC	640,000	$22,714	3.1%	$32.00	—	CL A COM	00165C104
—	IAC INTERACTIVECORP	335,000	$22,602	3.1%	$67.47	—	COM PAR $.001	44919P508
—	SALIX PHARMACEUTICALS INC	126,000	$21,798	3.0%	$114.94	—	COM	795435106
—	TRAVELPORT WORLDWIDE LTD	1,244,600	$20,785	2.9%	$16.46	—	SHS	G9019D104
—	HOUGHTON MIFFLIN HARCOURT CO	877,998	$20,615	2.8%	$21.18	—	COM	44157R109
—	BLACKHAWK NETWORK HLDGS INC	469,159	$16,679	2.3%	$29.32	—	CL B	09238E203
—	TESSERA TECHNOLOGIES INC	407,732	$16,423	2.3%	$24.23	—	COM	88164L100
APD	AIR PRODS & CHEMS INC	825,000	$14,055	1.9%	$84.68	+25.0%	Call	009158106
—	SHUTTERFLY INC	310,600	$14,052	1.9%	$45.24	—	COM	82568P304
TSQ	TOWNSQUARE MEDIA INC	820,300	$10,541	1.5%	$12.19	+6.9%	CL A	892231101
XHR	XENIA HOTELS & RESORTS INC	440,000	$10,010	1.4%	$22.75	—	COM	984017103
—	SIX FLAGS ENTMT CORP NEW	195,000	$9,440	1.3%	$34.99	—	COM	83001A102
—	AMERICAN RLTY CAP PPTYS INC	750,000	$7,388	1.0%	$9.05	—	COM	02917T104
—	AMERICAN CAPITAL AGENCY CORP	240,700	$5,134	0.7%	$21.33	—	COM	02503X105
KODK	EASTMAN KODAK CO	68,511	$1,301	0.2%	$26.90	-29.5%	COM NEW	277461406
—	SPDR SERIES TRUST	21,750	$1,124	0.2%	$47.86	—	S&P OILGAS EXP	78464A730
—	CORDIA BANCORP INC	232,940	$962	0.1%	$3.58	—	COM	218513109
—	BLACKHAWK NETWORK HLDGS INC	25,200	$901	0.1%	$35.75	—	CL A	09238E104
—	OCWEN FINL CORP	150,000	$660	0.1%	$8.27	—	Put	675746309
BABA	ALIBABA GROUP HLDG LTD	31,500	$410	0.1%	—	—	Put	01609W102
KRE	SPDR SERIES TRUST	451,500	$316	0.0%	—	—	Put	78464A698
—	EASTMAN KODAK CO	40,109	$217	0.0%	$17.01	—	*W EXP 09/03/201	277461133
—	OCWEN FINL CORP	20,800	$172	0.0%	$8.27	—	COM NEW	675746309
—	EASTMAN KODAK CO	19,138	$86	0.0%	$16.98	—	*W EXP 09/03/201	277461141
XRT	SPDR SERIES TRUST	50,000	$35	0.0%	—	—	Put	78464A714
—	OCWEN FINL CORP	150,000	$4	0.0%	$8.27	—	Call	675746309