Tiptree Advisors, LLC Hedge Fund

CIK: 0001455452 · Show all filings

Period: Q3 2015 (← Previous) (Next →)

Filing Date: Nov 6, 2015

Total Value ($000): $648,562 (95.6% shares, 4.4% debt)

Holdings (47)

— SPRINGLEAF HLDGS INC 13.1%

Value ($000) $85,102 Shares 1,946,534 Est. Cost $33.23 Unrealized —

M MACYS INC 7.7%

Value ($000) $49,678 Shares 968,000 Est. Cost $65.50 Unrealized -4.2%

APD AIR PRODS & CHEMS INC 7.6%

Value ($000) $49,414 Shares 387,314 Est. Cost $84.68 Unrealized +16.2%

WBS WEBSTER FINL CORP CONN 6.9%

Value ($000) $44,968 Shares 1,262,087 Est. Cost $32.24 Unrealized +15.5%

STZ CONSTELLATION BRANDS INC 6.6%

Value ($000) $42,571 Shares 340,000 Est. Cost $60.98 Unrealized +73.9%

— DELPHI AUTOMOTIVE PLC 4.7%

Value ($000) $30,416 Shares 400,000 Est. Cost $55.27 Unrealized —

— FORTRESS INVESTMENT GROUP LL 4.7%

Value ($000) $30,368 Shares 5,471,681 Est. Cost $6.65 Unrealized —

— JARDEN CORP 4.4%

Value ($000) $28,594 Shares 25,000,000 Est. Cost $1.19 Unrealized —

— IAC INTERACTIVECORP 4.0%

Value ($000) $26,225 Shares 401,800 Est. Cost $69.50 Unrealized —

— TRAVELPORT WORLDWIDE LTD 3.1%

Value ($000) $20,367 Shares 1,540,600 Est. Cost $15.70 Unrealized —

C CITIGROUP INC 3.1%

Value ($000) $19,844 Shares 400,000 Est. Cost $40.76 Unrealized 0.0%

VYX NCR CORP NEW 3.0%

Value ($000) $19,382 Shares 851,943 Est. Cost $18.48 Unrealized -9.9%

JPM JPMORGAN CHASE & CO 2.8%

Value ($000) $18,291 Shares 300,000 Est. Cost $49.62 Unrealized 0.0%

— BLACKHAWK NETWORK HLDGS INC 2.8%

Value ($000) $18,228 Shares 430,000 Est. Cost $40.88 Unrealized —

— TESSERA TECHNOLOGIES INC 2.7%

Value ($000) $17,590 Shares 542,732 Est. Cost $26.26 Unrealized —

— BOULDER BRANDS INC 2.5%

Value ($000) $16,174 Shares 1,974,878 Est. Cost $8.19 Unrealized —

COF CAPITAL ONE FINL CORP 2.3%

Value ($000) $15,181 Shares 209,332 Est. Cost $66.57 Unrealized 0.0%

— AMC ENTMT HLDGS INC 2.3%

Value ($000) $14,862 Shares 590,000 Est. Cost $32.00 Unrealized —

— SHUTTERFLY INC 1.7%

Value ($000) $11,104 Shares 310,600 Est. Cost $45.24 Unrealized —

TSQ TOWNSQUARE MEDIA INC 1.4%

Value ($000) $8,891 Shares 910,000 Est. Cost $12.18 Unrealized -1.0%

— TIME WARNER INC 1.3%

Value ($000) $8,731 Shares 127,000 Est. Cost $68.75 Unrealized —

XHR XENIA HOTELS & RESORTS INC 1.2%

Value ($000) $7,682 Shares 440,000 Est. Cost $22.75 Unrealized —

— AGROFRESH SOLUTIONS 1.0%

Value ($000) $6,670 Shares 840,000 Est. Cost $7.94 Unrealized —

— ENDO INTL PLC 1.0%

Value ($000) $6,651 Shares 96,000 Est. Cost $69.28 Unrealized —

— VEREIT INC 0.9%

Value ($000) $5,790 Shares 750,000 Est. Cost $7.72 Unrealized —

— HEALTH NET INC 0.8%

Value ($000) $5,357 Shares 88,963 Est. Cost $41.56 Unrealized —

— AKORN INC 0.8%

Value ($000) $5,279 Shares 185,202 Est. Cost $43.66 Unrealized —

— KRATON PERFORMANCE POLYMERS 0.8%

Value ($000) $5,221 Shares 291,660 Est. Cost $22.21 Unrealized —

— CONTINENTAL BLDG PRODS INC 0.8%

Value ($000) $5,056 Shares 246,143 Est. Cost $20.54 Unrealized —

— HOVNANIAN ENTERPRISES INC 0.7%

Value ($000) $4,678 Shares 2,643,101 Est. Cost $1.77 Unrealized —

— AMERICAN CAPITAL AGENCY CORP 0.7%

Value ($000) $4,501 Shares 240,700 Est. Cost $21.33 Unrealized —

FRPT FRESHPET INC 0.6%

Value ($000) $3,990 Shares 380,019 Est. Cost $14.47 Unrealized 0.0%

LNG CHENIERE ENERGY INC 0.5%

Value ($000) $2,926 Shares 380,000 Est. Cost $48.14 Unrealized +28.2%

— HOUGHTON MIFFLIN HARCOURT CO 0.4%

Value ($000) $2,358 Shares 116,108 Est. Cost $22.64 Unrealized —

— SPDR SERIES TRUST 0.3%

Value ($000) $2,266 Shares 69,000 Est. Cost $37.83 Unrealized —

APD AIR PRODS & CHEMS INC 0.3%

Value ($000) $1,797 Shares 665,000 Est. Cost $84.68 Unrealized +16.2%

— CORDIA BANCORP INC 0.1%

Value ($000) $836 Shares 232,940 Est. Cost $3.58 Unrealized —

CNQ CANADIAN NAT RES LTD 0.1%

Value ($000) $337 Shares 350,000 Est. Cost — Unrealized —

— MEREDITH CORP 0.0%

Value ($000) $292 Shares 80,000 Est. Cost — Unrealized —

XRT SPDR SERIES TRUST 0.0%

Value ($000) $204 Shares 85,000 Est. Cost — Unrealized —

KRE SPDR SERIES TRUST 0.0%

Value ($000) $181 Shares 210,000 Est. Cost — Unrealized —

XLE SELECT SECTOR SPDR TR 0.0%

Value ($000) $153 Shares 50,000 Est. Cost — Unrealized —

— BARRICK GOLD CORP 0.0%

Value ($000) $143 Shares 1,000,000 Est. Cost — Unrealized —

— EASTMAN KODAK CO 0.0%

Value ($000) $66 Shares 19,138 Est. Cost $17.01 Unrealized —

IYR ISHARES TR 0.0%

Value ($000) $60 Shares 40,000 Est. Cost — Unrealized —

— EASTMAN KODAK CO 0.0%

Value ($000) $57 Shares 19,138 Est. Cost $16.98 Unrealized —

M MACYS INC 0.0%

Value ($000) $30 Shares 100,000 Est. Cost $65.50 Unrealized -4.2%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	SPRINGLEAF HLDGS INC	1,946,534	$85,102	13.1%	$33.23	—	COM	85172J101
M	MACYS INC	968,000	$49,678	7.7%	$65.50	-4.2%	COM	55616P104
APD	AIR PRODS & CHEMS INC	387,314	$49,414	7.6%	$84.68	+16.2%	COM	009158106
WBS	WEBSTER FINL CORP CONN	1,262,087	$44,968	6.9%	$32.24	+15.5%	COM	947890109
STZ	CONSTELLATION BRANDS INC	340,000	$42,571	6.6%	$60.98	+73.9%	CL A	21036P108
—	DELPHI AUTOMOTIVE PLC	400,000	$30,416	4.7%	$55.27	—	SHS	G27823106
—	FORTRESS INVESTMENT GROUP LL	5,471,681	$30,368	4.7%	$6.65	—	CL A	34958B106
—	JARDEN CORP	25,000,000	$28,594	4.4%	$1.19	—	NOTE 1.125% 3/1	471109AM0
—	IAC INTERACTIVECORP	401,800	$26,225	4.0%	$69.50	—	COM PAR $.001	44919P508
—	TRAVELPORT WORLDWIDE LTD	1,540,600	$20,367	3.1%	$15.70	—	SHS	G9019D104
C	CITIGROUP INC	400,000	$19,844	3.1%	$40.76	0.0%	COM NEW	172967424
VYX	NCR CORP NEW	851,943	$19,382	3.0%	$18.48	-9.9%	COM	62886E108
JPM	JPMORGAN CHASE & CO	300,000	$18,291	2.8%	$49.62	0.0%	COM	46625H100
—	BLACKHAWK NETWORK HLDGS INC	430,000	$18,228	2.8%	$40.88	—	COM	09238E104
—	TESSERA TECHNOLOGIES INC	542,732	$17,590	2.7%	$26.26	—	COM	88164L100
—	BOULDER BRANDS INC	1,974,878	$16,174	2.5%	$8.19	—	COM	101405108
COF	CAPITAL ONE FINL CORP	209,332	$15,181	2.3%	$66.57	0.0%	COM	14040H105
—	AMC ENTMT HLDGS INC	590,000	$14,862	2.3%	$32.00	—	CL A COM	00165C104
—	SHUTTERFLY INC	310,600	$11,104	1.7%	$45.24	—	COM	82568P304
TSQ	TOWNSQUARE MEDIA INC	910,000	$8,891	1.4%	$12.18	-1.0%	CL A	892231101
—	TIME WARNER INC	127,000	$8,731	1.3%	$68.75	—	COM NEW	887317303
XHR	XENIA HOTELS & RESORTS INC	440,000	$7,682	1.2%	$22.75	—	COM	984017103
—	AGROFRESH SOLUTIONS	840,000	$6,670	1.0%	$7.94	—	COM	00856G109
—	ENDO INTL PLC	96,000	$6,651	1.0%	$69.28	—	SHS	G30401106
—	VEREIT INC	750,000	$5,790	0.9%	$7.72	—	COM	92339V100
—	HEALTH NET INC	88,963	$5,357	0.8%	$41.56	—	COM	42222G108
—	AKORN INC	185,202	$5,279	0.8%	$43.66	—	COM	009728106
—	KRATON PERFORMANCE POLYMERS	291,660	$5,221	0.8%	$22.21	—	COM	50077C106
—	CONTINENTAL BLDG PRODS INC	246,143	$5,056	0.8%	$20.54	—	COM	211171103
—	HOVNANIAN ENTERPRISES INC	2,643,101	$4,678	0.7%	$1.77	—	CL A	442487203
—	AMERICAN CAPITAL AGENCY CORP	240,700	$4,501	0.7%	$21.33	—	COM	02503X105
FRPT	FRESHPET INC	380,019	$3,990	0.6%	$14.47	0.0%	COM	358039105
LNG	CHENIERE ENERGY INC	380,000	$2,926	0.5%	$48.14	+28.2%	Call	16411R208
—	HOUGHTON MIFFLIN HARCOURT CO	116,108	$2,358	0.4%	$22.64	—	COM	44157R109
—	SPDR SERIES TRUST	69,000	$2,266	0.3%	$37.83	—	S&P OILGAS EXP	78464A730
APD	AIR PRODS & CHEMS INC	665,000	$1,797	0.3%	$84.68	+16.2%	Call	009158106
—	CORDIA BANCORP INC	232,940	$836	0.1%	$3.58	—	COM	218513109
CNQ	CANADIAN NAT RES LTD	350,000	$337	0.1%	—	—	Put	136385101
—	MEREDITH CORP	80,000	$292	0.0%	—	—	Put	589433101
XRT	SPDR SERIES TRUST	85,000	$204	0.0%	—	—	Put	78464A714
KRE	SPDR SERIES TRUST	210,000	$181	0.0%	—	—	Put	78464A698
XLE	SELECT SECTOR SPDR TR	50,000	$153	0.0%	—	—	Put	81369Y506
—	BARRICK GOLD CORP	1,000,000	$143	0.0%	—	—	Call	067901108
—	EASTMAN KODAK CO	19,138	$66	0.0%	$17.01	—	*W EXP 09/03/201	277461133
IYR	ISHARES TR	40,000	$60	0.0%	—	—	Put	464287739
—	EASTMAN KODAK CO	19,138	$57	0.0%	$16.98	—	*W EXP 09/03/201	277461141
M	MACYS INC	100,000	$30	0.0%	$65.50	-4.2%	Call	55616P104