Lion Point Capital, LP Hedge Fund

CIK: 0001643354 · Show all filings

Period: Q1 2017 (← Previous) (Next →)

Filing Date: May 15, 2017

Total Value ($000): $684,124 (92.3% shares, 7.7% debt)

Holdings (29)

IWM ISHARES TR 17.5%

Value ($000) $119,814 Shares 871,500 Est. Cost — Unrealized —

ALLY ALLY FINL INC 13.8%

Value ($000) $94,735 Shares 4,659,903 Est. Cost $14.58 Unrealized +12.6%

ALLY ALLY FINL INC 11.0%

Value ($000) $75,221 Shares 3,700,000 Est. Cost $14.58 Unrealized +12.6%

— SPDR SERIES TRUST 9.8%

Value ($000) $66,924 Shares 1,787,500 Est. Cost — Unrealized —

— MARVELL TECHNOLOGY GROUP LTD 7.6%

Value ($000) $51,884 Shares 3,400,000 Est. Cost $11.07 Unrealized —

— CANADIAN SOLAR INC 5.4%

Value ($000) $36,860 Shares 39,555,000 Est. Cost $0.86 Unrealized —

AA ALCOA CORP 4.2%

Value ($000) $28,768 Shares 836,282 Est. Cost $26.92 Unrealized +24.2%

HPE HEWLETT PACKARD ENTERPRISE C 4.0%

Value ($000) $27,195 Shares 1,147,508 Est. Cost $10.32 Unrealized 0.0%

CSIQ CANADIAN SOLAR INC 3.4%

Value ($000) $23,559 Shares 1,920,085 Est. Cost $14.68 Unrealized -11.8%

— ARCONIC INC 3.4%

Value ($000) $23,442 Shares 890,000 Est. Cost $18.54 Unrealized —

XPO XPO LOGISTICS INC 2.7%

Value ($000) $18,677 Shares 390,000 Est. Cost $16.33 Unrealized 0.0%

— HRG GROUP INC 2.3%

Value ($000) $16,019 Shares 829,147 Est. Cost $13.73 Unrealized —

— HORIZON PHARMA INVT LTD 2.1%

Value ($000) $14,560 Shares 16,000,000 Est. Cost $0.96 Unrealized —

KRE SPDR SERIES TRUST 2.1%

Value ($000) $14,362 Shares 263,000 Est. Cost — Unrealized —

MPC MARATHON PETE CORP 2.0%

Value ($000) $13,645 Shares 270,000 Est. Cost $37.82 Unrealized 0.0%

JKS JINKOSOLAR HLDG CO LTD 1.6%

Value ($000) $10,815 Shares 652,720 Est. Cost $16.57 Unrealized —

— ARCONIC INC 1.5%

Value ($000) $10,508 Shares 256,000 Est. Cost $30.15 Unrealized —

— EVERI HLDGS INC 1.1%

Value ($000) $7,556 Shares 1,577,577 Est. Cost $3.86 Unrealized —

LNG CHENIERE ENERGY INC 0.8%

Value ($000) $5,317 Shares 112,500 Est. Cost $32.71 Unrealized +41.0%

— ARCONIC INC 0.6%

Value ($000) $4,346 Shares 165,000 Est. Cost $18.54 Unrealized —

AA ALCOA CORP 0.6%

Value ($000) $4,300 Shares 125,000 Est. Cost $26.92 Unrealized +24.2%

VLO VALERO ENERGY CORP NEW 0.6%

Value ($000) $4,044 Shares 61,000 Est. Cost — Unrealized —

— POWERSHARES QQQ TRUST 0.5%

Value ($000) $3,111 Shares 23,500 Est. Cost — Unrealized —

PENN PENN NATL GAMING INC 0.3%

Value ($000) $1,816 Shares 98,583 Est. Cost $14.66 Unrealized 0.0%

CENX CENTURY ALUM CO 0.2%

Value ($000) $1,586 Shares 125,000 Est. Cost — Unrealized —

BANC BANC OF CALIFORNIA INC 0.2%

Value ($000) $1,573 Shares 76,000 Est. Cost $12.59 Unrealized +20.4%

— HOLLYFRONTIER CORP 0.2%

Value ($000) $1,360 Shares 48,000 Est. Cost — Unrealized —

— WALTER INVT MGMT CORP 0.2%

Value ($000) $1,155 Shares 3,500,000 Est. Cost $0.64 Unrealized —

— WALTER INVT MGMT CORP 0.1%

Value ($000) $972 Shares 900,000 Est. Cost $1.08 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
IWM	ISHARES TR	871,500	$119,814	17.5%	—	—	Put	464287655
ALLY	ALLY FINL INC	4,659,903	$94,735	13.8%	$14.58	+12.6%	COM	02005N100
ALLY	ALLY FINL INC	3,700,000	$75,221	11.0%	$14.58	+12.6%	Call	02005N100
—	SPDR SERIES TRUST	1,787,500	$66,924	9.8%	—	—	Put	78464A730
—	MARVELL TECHNOLOGY GROUP LTD	3,400,000	$51,884	7.6%	$11.07	—	ORD	G5876H105
—	CANADIAN SOLAR INC	39,555,000	$36,860	5.4%	$0.86	—	NOTE 4.250% 2/1	136635AE9
AA	ALCOA CORP	836,282	$28,768	4.2%	$26.92	+24.2%	COM	013872106
HPE	HEWLETT PACKARD ENTERPRISE C	1,147,508	$27,195	4.0%	$10.32	0.0%	COM	42824C109
CSIQ	CANADIAN SOLAR INC	1,920,085	$23,559	3.4%	$14.68	-11.8%	COM	136635109
—	ARCONIC INC	890,000	$23,442	3.4%	$18.54	—	COM	03965L100
XPO	XPO LOGISTICS INC	390,000	$18,677	2.7%	$16.33	0.0%	COM	983793100
—	HRG GROUP INC	829,147	$16,019	2.3%	$13.73	—	COM	40434J100
—	HORIZON PHARMA INVT LTD	16,000,000	$14,560	2.1%	$0.96	—	NOTE 2.500% 3/1	44052TAB7
KRE	SPDR SERIES TRUST	263,000	$14,362	2.1%	—	—	Put	78464A698
MPC	MARATHON PETE CORP	270,000	$13,645	2.0%	$37.82	0.0%	COM	56585A102
JKS	JINKOSOLAR HLDG CO LTD	652,720	$10,815	1.6%	$16.57	—	SPONSORED ADR	47759T100
—	ARCONIC INC	256,000	$10,508	1.5%	$30.15	—	PFD CONV B SER 1	03965L308
—	EVERI HLDGS INC	1,577,577	$7,556	1.1%	$3.86	—	COM	30034T103
LNG	CHENIERE ENERGY INC	112,500	$5,317	0.8%	$32.71	+41.0%	COM NEW	16411R208
—	ARCONIC INC	165,000	$4,346	0.6%	$18.54	—	Put	03965L100
AA	ALCOA CORP	125,000	$4,300	0.6%	$26.92	+24.2%	Call	013872106
VLO	VALERO ENERGY CORP NEW	61,000	$4,044	0.6%	—	—	Put	91913Y100
—	POWERSHARES QQQ TRUST	23,500	$3,111	0.5%	—	—	Put	73935A104
PENN	PENN NATL GAMING INC	98,583	$1,816	0.3%	$14.66	0.0%	COM	707569109
CENX	CENTURY ALUM CO	125,000	$1,586	0.2%	—	—	Put	156431108
BANC	BANC OF CALIFORNIA INC	76,000	$1,573	0.2%	$12.59	+20.4%	COM	05990K106
—	HOLLYFRONTIER CORP	48,000	$1,360	0.2%	—	—	Put	436106108
—	WALTER INVT MGMT CORP	3,500,000	$1,155	0.2%	$0.64	—	NOTE 4.500%11/0	93317WAA0
—	WALTER INVT MGMT CORP	900,000	$972	0.1%	$1.08	—	COM	93317W102