Tiptree Advisors, LLC Hedge Fund

CIK: 0001455452 · Show all filings

Period: Q2 2015 (← Previous) (Next →)

Filing Date: Aug 14, 2015

Total Value ($000): $765,063 (96.2% shares, 3.8% debt)

Holdings (45)

— SPRINGLEAF HLDGS INC 11.3%

Value ($000) $86,611 Shares 1,886,534 Est. Cost $32.90 Unrealized —

WBS WEBSTER FINL CORP CONN 9.6%

Value ($000) $73,709 Shares 1,863,687 Est. Cost $32.24 Unrealized +17.0%

M MACYS INC 7.2%

Value ($000) $55,460 Shares 822,000 Est. Cost $66.00 Unrealized +2.4%

APD AIR PRODS & CHEMS INC 7.0%

Value ($000) $53,487 Shares 390,900 Est. Cost $84.68 Unrealized +23.9%

STZ CONSTELLATION BRANDS INC 6.4%

Value ($000) $48,728 Shares 420,000 Est. Cost $60.98 Unrealized +66.0%

— FORTRESS INVESTMENT GROUP LL 4.6%

Value ($000) $35,198 Shares 4,821,681 Est. Cost $6.79 Unrealized —

— HOUGHTON MIFFLIN HARCOURT CO 4.5%

Value ($000) $34,738 Shares 1,378,498 Est. Cost $22.64 Unrealized —

— DELPHI AUTOMOTIVE PLC 4.4%

Value ($000) $34,036 Shares 400,000 Est. Cost $55.27 Unrealized —

LNG CHENIERE ENERGY INC 4.2%

Value ($000) $32,137 Shares 464,000 Est. Cost $48.14 Unrealized +55.7%

— IAC INTERACTIVECORP 4.2%

Value ($000) $32,007 Shares 401,800 Est. Cost $69.50 Unrealized —

— JARDEN CORP 3.8%

Value ($000) $29,109 Shares 25,000,000 Est. Cost $1.19 Unrealized —

VYX NCR CORP NEW 3.4%

Value ($000) $26,014 Shares 864,237 Est. Cost $18.48 Unrealized 0.0%

— TRAVELPORT WORLDWIDE LTD 3.1%

Value ($000) $23,985 Shares 1,740,600 Est. Cost $15.70 Unrealized —

— HEALTH NET INC 2.8%

Value ($000) $21,048 Shares 328,263 Est. Cost $41.56 Unrealized —

— AMC ENTMT HLDGS INC 2.6%

Value ($000) $19,635 Shares 640,000 Est. Cost $32.00 Unrealized —

— BLACKHAWK NETWORK HLDGS INC 2.3%

Value ($000) $17,716 Shares 430,000 Est. Cost $40.88 Unrealized —

— TESSERA TECHNOLOGIES INC 2.0%

Value ($000) $15,486 Shares 407,732 Est. Cost $24.23 Unrealized —

— SHUTTERFLY INC 1.9%

Value ($000) $14,850 Shares 310,600 Est. Cost $45.24 Unrealized —

— AKORN INC 1.9%

Value ($000) $14,164 Shares 324,422 Est. Cost $43.66 Unrealized —

TSQ TOWNSQUARE MEDIA INC 1.5%

Value ($000) $11,140 Shares 820,300 Est. Cost $12.19 Unrealized +8.9%

— OM GROUP INC 1.3%

Value ($000) $9,808 Shares 291,908 Est. Cost $33.60 Unrealized —

AMAT APPLIED MATLS INC 1.3%

Value ($000) $9,610 Shares 500,000 Est. Cost $18.01 Unrealized 0.0%

XHR XENIA HOTELS & RESORTS INC 1.3%

Value ($000) $9,566 Shares 440,000 Est. Cost $22.75 Unrealized —

— BOULEVARD ACQUISITION CORP 1.2%

Value ($000) $8,875 Shares 710,000 Est. Cost $12.50 Unrealized —

— SIX FLAGS ENTMT CORP NEW 1.1%

Value ($000) $8,746 Shares 195,000 Est. Cost $34.99 Unrealized —

OEC ORION ENGINEERED CARBONS S A 0.9%

Value ($000) $7,199 Shares 390,000 Est. Cost $19.61 Unrealized 0.0%

— AMERICAN RLTY CAP PPTYS INC 0.8%

Value ($000) $6,098 Shares 750,000 Est. Cost $9.05 Unrealized —

APD AIR PRODS & CHEMS INC 0.7%

Value ($000) $5,070 Shares 800,000 Est. Cost $84.68 Unrealized +23.9%

— KRATON PERFORMANCE POLYMERS 0.7%

Value ($000) $5,022 Shares 210,300 Est. Cost $23.88 Unrealized —

— KCG HLDGS INC 0.6%

Value ($000) $4,518 Shares 366,416 Est. Cost $12.33 Unrealized —

— AMERICAN CAPITAL AGENCY CORP 0.6%

Value ($000) $4,422 Shares 240,700 Est. Cost $21.33 Unrealized —

TRU TRANSUNION 0.3%

Value ($000) $2,510 Shares 100,000 Est. Cost $24.05 Unrealized 0.0%

— SPDR SERIES TRUST 0.1%

Value ($000) $1,073 Shares 23,000 Est. Cost $47.80 Unrealized —

HYG ISHARES 0.1%

Value ($000) $1,000 Shares 2,000,000 Est. Cost — Unrealized —

— CORDIA BANCORP INC 0.1%

Value ($000) $892 Shares 232,940 Est. Cost $3.58 Unrealized —

M MACYS INC 0.0%

Value ($000) $287 Shares 100,000 Est. Cost $66.00 Unrealized +2.4%

IYR ISHARES TR 0.0%

Value ($000) $206 Shares 55,000 Est. Cost — Unrealized —

— BARRICK GOLD CORP 0.0%

Value ($000) $198 Shares 500,000 Est. Cost — Unrealized —

XRT SPDR SERIES TRUST 0.0%

Value ($000) $174 Shares 100,000 Est. Cost — Unrealized —

IWM ISHARES TR 0.0%

Value ($000) $158 Shares 120,000 Est. Cost — Unrealized —

XLE SELECT SECTOR SPDR TR 0.0%

Value ($000) $83 Shares 75,000 Est. Cost — Unrealized —

— MEREDITH CORP 0.0%

Value ($000) $82 Shares 80,000 Est. Cost — Unrealized —

— EASTMAN KODAK CO 0.0%

Value ($000) $78 Shares 19,138 Est. Cost $17.01 Unrealized —

— EASTMAN KODAK CO 0.0%

Value ($000) $71 Shares 19,138 Est. Cost $16.98 Unrealized —

KRE SPDR SERIES TRUST 0.0%

Value ($000) $59 Shares 451,500 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	SPRINGLEAF HLDGS INC	1,886,534	$86,611	11.3%	$32.90	—	COM	85172J101
WBS	WEBSTER FINL CORP CONN	1,863,687	$73,709	9.6%	$32.24	+17.0%	COM	947890109
M	MACYS INC	822,000	$55,460	7.2%	$66.00	+2.4%	COM	55616P104
APD	AIR PRODS & CHEMS INC	390,900	$53,487	7.0%	$84.68	+23.9%	COM	009158106
STZ	CONSTELLATION BRANDS INC	420,000	$48,728	6.4%	$60.98	+66.0%	CL A	21036P108
—	FORTRESS INVESTMENT GROUP LL	4,821,681	$35,198	4.6%	$6.79	—	CL A	34958B106
—	HOUGHTON MIFFLIN HARCOURT CO	1,378,498	$34,738	4.5%	$22.64	—	COM	44157R109
—	DELPHI AUTOMOTIVE PLC	400,000	$34,036	4.4%	$55.27	—	SHS	G27823106
LNG	CHENIERE ENERGY INC	464,000	$32,137	4.2%	$48.14	+55.7%	COM NEW	16411R208
—	IAC INTERACTIVECORP	401,800	$32,007	4.2%	$69.50	—	COM PAR $.001	44919P508
—	JARDEN CORP	25,000,000	$29,109	3.8%	$1.19	—	NOTE 1.125% 3/1	471109AM0
VYX	NCR CORP NEW	864,237	$26,014	3.4%	$18.48	0.0%	COM	62886E108
—	TRAVELPORT WORLDWIDE LTD	1,740,600	$23,985	3.1%	$15.70	—	SHS	G9019D104
—	HEALTH NET INC	328,263	$21,048	2.8%	$41.56	—	COM	42222G108
—	AMC ENTMT HLDGS INC	640,000	$19,635	2.6%	$32.00	—	CL A COM	00165C104
—	BLACKHAWK NETWORK HLDGS INC	430,000	$17,716	2.3%	$40.88	—	COM	09238E104
—	TESSERA TECHNOLOGIES INC	407,732	$15,486	2.0%	$24.23	—	COM	88164L100
—	SHUTTERFLY INC	310,600	$14,850	1.9%	$45.24	—	COM	82568P304
—	AKORN INC	324,422	$14,164	1.9%	$43.66	—	COM	009728106
TSQ	TOWNSQUARE MEDIA INC	820,300	$11,140	1.5%	$12.19	+8.9%	CL A	892231101
—	OM GROUP INC	291,908	$9,808	1.3%	$33.60	—	COM	670872100
AMAT	APPLIED MATLS INC	500,000	$9,610	1.3%	$18.01	0.0%	COM	038222105
XHR	XENIA HOTELS & RESORTS INC	440,000	$9,566	1.3%	$22.75	—	COM	984017103
—	BOULEVARD ACQUISITION CORP	710,000	$8,875	1.2%	$12.50	—	COM	10157P104
—	SIX FLAGS ENTMT CORP NEW	195,000	$8,746	1.1%	$34.99	—	COM	83001A102
OEC	ORION ENGINEERED CARBONS S A	390,000	$7,199	0.9%	$19.61	0.0%	COM	L72967109
—	AMERICAN RLTY CAP PPTYS INC	750,000	$6,098	0.8%	$9.05	—	COM	02917T104
APD	AIR PRODS & CHEMS INC	800,000	$5,070	0.7%	$84.68	+23.9%	Call	009158106
—	KRATON PERFORMANCE POLYMERS	210,300	$5,022	0.7%	$23.88	—	COM	50077C106
—	KCG HLDGS INC	366,416	$4,518	0.6%	$12.33	—	CL A	48244B100
—	AMERICAN CAPITAL AGENCY CORP	240,700	$4,422	0.6%	$21.33	—	COM	02503X105
TRU	TRANSUNION	100,000	$2,510	0.3%	$24.05	0.0%	COM	89400J107
—	SPDR SERIES TRUST	23,000	$1,073	0.1%	$47.80	—	S&P OILGAS EXP	78464A730
HYG	ISHARES	2,000,000	$1,000	0.1%	—	—	Put	464288513
—	CORDIA BANCORP INC	232,940	$892	0.1%	$3.58	—	COM	218513109
M	MACYS INC	100,000	$287	0.0%	$66.00	+2.4%	Call	55616P104
IYR	ISHARES TR	55,000	$206	0.0%	—	—	Put	464287739
—	BARRICK GOLD CORP	500,000	$198	0.0%	—	—	Call	067901108
XRT	SPDR SERIES TRUST	100,000	$174	0.0%	—	—	Put	78464A714
IWM	ISHARES TR	120,000	$158	0.0%	—	—	Put	464287655
XLE	SELECT SECTOR SPDR TR	75,000	$83	0.0%	—	—	Put	81369Y506
—	MEREDITH CORP	80,000	$82	0.0%	—	—	Put	589433101
—	EASTMAN KODAK CO	19,138	$78	0.0%	$17.01	—	*W EXP 09/03/201	277461133
—	EASTMAN KODAK CO	19,138	$71	0.0%	$16.98	—	*W EXP 09/03/201	277461141
KRE	SPDR SERIES TRUST	451,500	$59	0.0%	—	—	Put	78464A698