Lion Point Capital, LP Hedge Fund

CIK: 0001643354 · Show all filings

Period: Q2 2017 (← Previous) (Next →)

Filing Date: Aug 14, 2017

Total Value ($000): $720,458 (93.0% shares, 7.0% debt)

Holdings (30)

IWM ISHARES TR 21.4%

Value ($000) $154,026 Shares 1,093,000 Est. Cost — Unrealized —

ALLY ALLY FINL INC 13.5%

Value ($000) $97,391 Shares 4,659,903 Est. Cost $14.58 Unrealized +4.6%

— MARVELL TECHNOLOGY GROUP LTD 8.1%

Value ($000) $58,646 Shares 3,550,000 Est. Cost $11.30 Unrealized —

— SPDR SERIES TRUST 6.7%

Value ($000) $48,279 Shares 1,512,500 Est. Cost — Unrealized —

AA ALCOA CORP 6.7%

Value ($000) $48,037 Shares 1,471,282 Est. Cost $28.68 Unrealized +8.1%

MPC MARATHON PETE CORP 6.4%

Value ($000) $46,050 Shares 880,000 Est. Cost $39.00 Unrealized +1.3%

— POWERSHARES QQQ TRUST SERIES 1 5.2%

Value ($000) $37,232 Shares 270,500 Est. Cost — Unrealized —

XPO XPO LOGISTICS INC 4.7%

Value ($000) $33,607 Shares 520,000 Est. Cost $16.93 Unrealized +10.6%

CSIQ CANADIAN SOLAR INC 4.2%

Value ($000) $30,567 Shares 1,920,085 Est. Cost $14.68 Unrealized -8.8%

— CANADIAN SOLAR INC 4.1%

Value ($000) $29,247 Shares 30,055,000 Est. Cost $0.86 Unrealized —

KRE SPDR SERIES TRUST 3.2%

Value ($000) $22,969 Shares 418,000 Est. Cost — Unrealized —

HPE HEWLETT PACKARD ENTERPRISE C 2.6%

Value ($000) $19,037 Shares 1,147,508 Est. Cost $10.32 Unrealized +3.9%

— HORIZON PHARMA INVT LTD 1.9%

Value ($000) $13,790 Shares 16,000,000 Est. Cost $0.96 Unrealized —

— EVERI HLDGS INC 1.6%

Value ($000) $11,484 Shares 1,577,577 Est. Cost $3.86 Unrealized —

— JA SOLAR HOLDINGS CO LTD 1.4%

Value ($000) $10,183 Shares 1,603,730 Est. Cost $6.35 Unrealized —

— ARCONIC INC 1.3%

Value ($000) $9,164 Shares 256,000 Est. Cost $30.15 Unrealized —

— WALTER INVT MGMT CORP 1.0%

Value ($000) $7,208 Shares 21,200,000 Est. Cost $0.39 Unrealized —

LNG CHENIERE ENERGY INC 0.8%

Value ($000) $5,479 Shares 112,500 Est. Cost $32.71 Unrealized +45.8%

— ARCONIC INC 0.7%

Value ($000) $5,063 Shares 223,566 Est. Cost $18.54 Unrealized —

KMX CARMAX INC 0.7%

Value ($000) $5,045 Shares 80,000 Est. Cost — Unrealized —

VLO VALERO ENERGY CORP 0.6%

Value ($000) $4,115 Shares 61,000 Est. Cost — Unrealized —

FITB FIFTH THIRD BANCORP 0.5%

Value ($000) $3,764 Shares 145,000 Est. Cost — Unrealized —

— ROWAN COS PLC 0.5%

Value ($000) $3,405 Shares 332,500 Est. Cost — Unrealized —

— MEDICINES CO 0.5%

Value ($000) $3,306 Shares 87,001 Est. Cost $38.00 Unrealized —

— HOLLYFRONTIER CORP 0.4%

Value ($000) $2,967 Shares 108,000 Est. Cost — Unrealized —

TDG TRANSDIGM GROUP INC 0.4%

Value ($000) $2,958 Shares 11,000 Est. Cost — Unrealized —

— CAPITAL ONE FINANCIAL CORP 0.3%

Value ($000) $2,479 Shares 30,000 Est. Cost — Unrealized —

CENX CENTURY ALUMINUM CO 0.3%

Value ($000) $1,948 Shares 125,000 Est. Cost — Unrealized —

BANC BANC OF CALIFORNIA INC 0.2%

Value ($000) $1,634 Shares 76,000 Est. Cost $12.59 Unrealized +37.5%

— WALTER INVT MGMT CORP 0.2%

Value ($000) $1,378 Shares 1,455,803 Est. Cost $1.03 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
IWM	ISHARES TR	1,093,000	$154,026	21.4%	—	—	Put	464287655
ALLY	ALLY FINL INC	4,659,903	$97,391	13.5%	$14.58	+4.6%	COM	02005N100
—	MARVELL TECHNOLOGY GROUP LTD	3,550,000	$58,646	8.1%	$11.30	—	ORD	G5876H105
—	SPDR SERIES TRUST	1,512,500	$48,279	6.7%	—	—	Put	78464A730
AA	ALCOA CORP	1,471,282	$48,037	6.7%	$28.68	+8.1%	COM	013872106
MPC	MARATHON PETE CORP	880,000	$46,050	6.4%	$39.00	+1.3%	COM	56585A102
—	POWERSHARES QQQ TRUST SERIES 1	270,500	$37,232	5.2%	—	—	Put	73935A104
XPO	XPO LOGISTICS INC	520,000	$33,607	4.7%	$16.93	+10.6%	COM	983793100
CSIQ	CANADIAN SOLAR INC	1,920,085	$30,567	4.2%	$14.68	-8.8%	COM	136635109
—	CANADIAN SOLAR INC	30,055,000	$29,247	4.1%	$0.86	—	NOTE 4.250% 2/1	136635AE9
KRE	SPDR SERIES TRUST	418,000	$22,969	3.2%	—	—	Put	78464A698
HPE	HEWLETT PACKARD ENTERPRISE C	1,147,508	$19,037	2.6%	$10.32	+3.9%	COM	42824C109
—	HORIZON PHARMA INVT LTD	16,000,000	$13,790	1.9%	$0.96	—	NOTE 2.500% 3/1	44052TAB7
—	EVERI HLDGS INC	1,577,577	$11,484	1.6%	$3.86	—	COM	30034T103
—	JA SOLAR HOLDINGS CO LTD	1,603,730	$10,183	1.4%	$6.35	—	SPON ADR REP5ORD	466090206
—	ARCONIC INC	256,000	$9,164	1.3%	$30.15	—	PFD CONV B SER 1	03965L308
—	WALTER INVT MGMT CORP	21,200,000	$7,208	1.0%	$0.39	—	NOTE 4.500%11/0	93317WAA0
LNG	CHENIERE ENERGY INC	112,500	$5,479	0.8%	$32.71	+45.8%	COM NEW	16411R208
—	ARCONIC INC	223,566	$5,063	0.7%	$18.54	—	COM	03965L100
KMX	CARMAX INC	80,000	$5,045	0.7%	—	—	Put	143130102
VLO	VALERO ENERGY CORP	61,000	$4,115	0.6%	—	—	Put	91913Y100
FITB	FIFTH THIRD BANCORP	145,000	$3,764	0.5%	—	—	Put	316773100
—	ROWAN COS PLC	332,500	$3,405	0.5%	—	—	Put	G7665A101
—	MEDICINES CO	87,001	$3,306	0.5%	$38.00	—	COM	584688105
—	HOLLYFRONTIER CORP	108,000	$2,967	0.4%	—	—	Put	436106108
TDG	TRANSDIGM GROUP INC	11,000	$2,958	0.4%	—	—	Put	893641100
—	CAPITAL ONE FINANCIAL CORP	30,000	$2,479	0.3%	—	—	Put	139794101
CENX	CENTURY ALUMINUM CO	125,000	$1,948	0.3%	—	—	Put	156431108
BANC	BANC OF CALIFORNIA INC	76,000	$1,634	0.2%	$12.59	+37.5%	COM	05990K106
—	WALTER INVT MGMT CORP	1,455,803	$1,378	0.2%	$1.03	—	COM	93317W102