ALGEBRIS (UK) LTD Hedge Fund

Location: London, United Kingdom

CIK: 0001700286 · Show all filings

Period: Q4 2019 (← Previous) (Next →)

Filing Date: Feb 14, 2020

Total Value: $198M (98.7% shares, 1.3% debt)

Holdings (28)

EEM ISHARES TR 21.5%

Value $42.63M Shares 950,000 Est. Cost — Unrealized —

EEM ISHARES TR 11.3%

Value $22.43M Shares 500,000 Est. Cost — Unrealized —

— ATHENE HLDG LTD 10.6%

Value $20.89M Shares 444,153 Est. Cost $44.93 Unrealized —

CFG CITIZENS FINL GROUP INC 9.9%

Value $19.59M Shares 482,427 Est. Cost $25.72 Unrealized +10.7%

— SYNOVUS FINL CORP 8.4%

Value $16.63M Shares 424,331 Est. Cost $35.45 Unrealized —

C CITIGROUP INC 6.7%

Value $13.31M Shares 166,625 Est. Cost $52.33 Unrealized +13.3%

FHN FIRST HORIZON NATL CORP 3.7%

Value $7.361M Shares 444,534 Est. Cost $12.79 Unrealized 0.0%

— E TRADE FINANCIAL CORP 3.6%

Value $7.143M Shares 157,438 Est. Cost $43.79 Unrealized —

— ANNALY CAP MGMT INC 2.5%

Value $4.919M Shares 522,233 Est. Cost $9.13 Unrealized —

IVZ INVESCO LTD 2.3%

Value $4.586M Shares 255,042 Est. Cost $13.12 Unrealized -1.4%

— TAUBMAN CTRS INC 2.1%

Value $4.233M Shares 136,163 Est. Cost $31.09 Unrealized —

JPM JPMORGAN CHASE & CO 1.8%

Value $3.485M Shares 25,000 Est. Cost — Unrealized —

— INVESTORS BANCORP INC NEW 1.7%

Value $3.286M Shares 275,801 Est. Cost $11.91 Unrealized —

BPOP POPULAR INC 1.4%

Value $2.834M Shares 48,245 Est. Cost $44.72 Unrealized +3.3%

— BGC PARTNERS INC 1.4%

Value $2.824M Shares 475,500 Est. Cost $5.94 Unrealized —

AAMI BRIGHTSPHERE INVT GROUP INC 1.4%

Value $2.694M Shares 263,618 Est. Cost $9.61 Unrealized -1.8%

— CHESAPEAKE ENERGY CORP 1.3%

Value $2.495M Shares 5,000,000 Est. Cost $0.60 Unrealized —

— IBERIABANK CORP 1.2%

Value $2.34M Shares 31,269 Est. Cost $74.83 Unrealized —

— SANTANDER CONSUMER USA HDG I 1.1%

Value $2.165M Shares 92,636 Est. Cost $23.37 Unrealized —

UNM UNUM GROUP 0.9%

Value $1.783M Shares 61,148 Est. Cost $29.08 Unrealized 0.0%

BAC BANK AMER CORP 0.9%

Value $1.761M Shares 50,000 Est. Cost — Unrealized —

— KKR & CO 0.9%

Value $1.747M Shares 59,906 Est. Cost $29.16 Unrealized —

EVR EVERCORE INC 0.8%

Value $1.552M Shares 20,755 Est. Cost $66.70 Unrealized 0.0%

COF CAPITAL ONE FINL CORP 0.6%

Value $1.209M Shares 11,744 Est. Cost $80.13 Unrealized +8.3%

— ONEMAIN HOLDINGS 0.6%

Value $1.128M Shares 26,751 Est. Cost $42.17 Unrealized —

MTG MGIC INVT CORP WIS 0.5%

Value $999K Shares 70,519 Est. Cost $12.91 Unrealized +7.3%

VCTR VICTORY CAP HLDGS INC 0.5%

Value $992K Shares 47,304 Est. Cost $15.38 Unrealized 0.0%

— CORELOGIC INC 0.5%

Value $973K Shares 22,252 Est. Cost $43.73 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
EEM	ISHARES TR	950,000	$42.63M	21.5%	—	—	Call	464287234
EEM	ISHARES TR	500,000	$22.43M	11.3%	—	—	Put	464287234
—	ATHENE HLDG LTD	444,153	$20.89M	10.6%	$44.93	—	CL A	G0684D107
CFG	CITIZENS FINL GROUP INC	482,427	$19.59M	9.9%	$25.72	+10.7%	COM	174610105
—	SYNOVUS FINL CORP	424,331	$16.63M	8.4%	$35.45	—	COM NEW	87161C501
C	CITIGROUP INC	166,625	$13.31M	6.7%	$52.33	+13.3%	COM NEW	172967424
FHN	FIRST HORIZON NATL CORP	444,534	$7.361M	3.7%	$12.79	0.0%	COM	320517105
—	E TRADE FINANCIAL CORP	157,438	$7.143M	3.6%	$43.79	—	COM NEW	269246401
—	ANNALY CAP MGMT INC	522,233	$4.919M	2.5%	$9.13	—	COM	035710409
IVZ	INVESCO LTD	255,042	$4.586M	2.3%	$13.12	-1.4%	SHS	G491BT108
—	TAUBMAN CTRS INC	136,163	$4.233M	2.1%	$31.09	—	COM	876664103
JPM	JPMORGAN CHASE & CO	25,000	$3.485M	1.8%	—	—	Put	46625H100
—	INVESTORS BANCORP INC NEW	275,801	$3.286M	1.7%	$11.91	—	COM	46146L101
BPOP	POPULAR INC	48,245	$2.834M	1.4%	$44.72	+3.3%	COM NEW	733174700
—	BGC PARTNERS INC	475,500	$2.824M	1.4%	$5.94	—	CL A	05541T101
AAMI	BRIGHTSPHERE INVT GROUP INC	263,618	$2.694M	1.4%	$9.61	-1.8%	COM	10948W103
—	CHESAPEAKE ENERGY CORP	5,000,000	$2.495M	1.3%	$0.60	—	COM	165167107
—	IBERIABANK CORP	31,269	$2.34M	1.2%	$74.83	—	COM	450828108
—	SANTANDER CONSUMER USA HDG I	92,636	$2.165M	1.1%	$23.37	—	COM	80283M101
UNM	UNUM GROUP	61,148	$1.783M	0.9%	$29.08	0.0%	COM	91529Y106
BAC	BANK AMER CORP	50,000	$1.761M	0.9%	—	—	Put	060505104
—	KKR & CO	59,906	$1.747M	0.9%	$29.16	—	CL A	48248M102
EVR	EVERCORE INC	20,755	$1.552M	0.8%	$66.70	0.0%	CLASS A	29977A105
COF	CAPITAL ONE FINL CORP	11,744	$1.209M	0.6%	$80.13	+8.3%	COM	14040H105
—	ONEMAIN HOLDINGS	26,751	$1.128M	0.6%	$42.17	—	COM	85172J101
MTG	MGIC INVT CORP WIS	70,519	$999K	0.5%	$12.91	+7.3%	COM	552848103
VCTR	VICTORY CAP HLDGS INC	47,304	$992K	0.5%	$15.38	0.0%	COM CL A	92645B103
—	CORELOGIC INC	22,252	$973K	0.5%	$43.73	—	COM	21871D103