Algebris (UK) Ltd Hedge Fund

CIK: 0001700286 · Show all filings

Period: Q1 2020 (← Previous) (Next →)

Filing Date: May 15, 2020

Total Value ($000): $189,466 (99.1% shares, 0.9% debt)

Holdings (31)

HYG ISHARES TR 18.3%

Value ($000) $34,682 Shares 450,000 Est. Cost — Unrealized —

EEM ISHARES TR 9.0%

Value ($000) $17,065 Shares 500,000 Est. Cost — Unrealized —

HYG ISHARES TR 8.1%

Value ($000) $15,414 Shares 200,000 Est. Cost — Unrealized —

WFC WELLS FARGO CO NEW 7.7%

Value ($000) $14,525 Shares 506,096 Est. Cost $36.64 Unrealized 0.0%

C CITIGROUP INC 7.4%

Value ($000) $14,091 Shares 334,545 Est. Cost $53.26 Unrealized +1.7%

CFG CITIZENS FINANCIAL GROUP INC 6.3%

Value ($000) $11,968 Shares 636,249 Est. Cost $25.57 Unrealized -1.9%

— ATHENE HLDG LTD 6.1%

Value ($000) $11,629 Shares 468,542 Est. Cost $43.89 Unrealized —

PRU PRUDENTIAL FINL INC 4.9%

Value ($000) $9,234 Shares 177,096 Est. Cost $58.98 Unrealized 0.0%

EQH AXA EQUITABLE 4.0%

Value ($000) $7,500 Shares 518,999 Est. Cost $18.74 Unrealized 0.0%

EEM ISHARES TR 3.6%

Value ($000) $6,826 Shares 200,000 Est. Cost — Unrealized —

— SYNOVUS FINL CORP 3.5%

Value ($000) $6,722 Shares 382,826 Est. Cost $35.45 Unrealized —

FHN FIRST HORIZON NATL CORP 3.0%

Value ($000) $5,688 Shares 705,662 Est. Cost $12.14 Unrealized -9.1%

BAC BK OF AMERICA CORP 1.7%

Value ($000) $3,291 Shares 155,000 Est. Cost $25.91 Unrealized 0.0%

BPOP POPULAR INC 1.7%

Value ($000) $3,229 Shares 92,251 Est. Cost $43.03 Unrealized -4.3%

VOYA VOYA FINANCIAL INC 1.7%

Value ($000) $3,158 Shares 77,874 Est. Cost $49.35 Unrealized 0.0%

— INVESTORS BANCORP INC NEW 1.6%

Value ($000) $2,940 Shares 367,928 Est. Cost $10.93 Unrealized —

FITB FIFTH THIRD BANCORP 1.4%

Value ($000) $2,693 Shares 181,364 Est. Cost $19.66 Unrealized 0.0%

COF CAPITAL ONE FINL CORP 1.3%

Value ($000) $2,440 Shares 48,403 Est. Cost $79.63 Unrealized -0.2%

MTG MGIC INVT CORP WIS 1.2%

Value ($000) $2,201 Shares 346,686 Est. Cost $12.25 Unrealized -1.4%

AAMI BRIGHTSPHERE INVT GROUP INC 1.1%

Value ($000) $2,149 Shares 336,335 Est. Cost $9.35 Unrealized -9.8%

RF REGIONS FINANCIAL CORP NEW 1.1%

Value ($000) $2,077 Shares 231,603 Est. Cost $10.97 Unrealized 0.0%

RDN RADIAN GROUP INC 0.9%

Value ($000) $1,772 Shares 136,797 Est. Cost $18.16 Unrealized 0.0%

— BGC PARTNERS INC 0.9%

Value ($000) $1,624 Shares 644,280 Est. Cost $5.04 Unrealized —

— APOLLO COML REAL EST FIN INC 0.7%

Value ($000) $1,398 Shares 2,000,000 Est. Cost $0.70 Unrealized —

— IBERIABANK CORP 0.7%

Value ($000) $1,319 Shares 36,482 Est. Cost $69.31 Unrealized —

EVR EVERCORE INC 0.4%

Value ($000) $793 Shares 17,213 Est. Cost $66.70 Unrealized -11.5%

— INDEPENDENT BK GROUP INC 0.4%

Value ($000) $779 Shares 32,903 Est. Cost $23.68 Unrealized —

MSCI MSCI INC 0.4%

Value ($000) $722 Shares 2,500 Est. Cost — Unrealized —

TCBI TEXAS CAPITAL BANCSHARES INC 0.4%

Value ($000) $719 Shares 32,452 Est. Cost $46.38 Unrealized 0.0%

ALLY ALLY FINL INC 0.3%

Value ($000) $574 Shares 39,790 Est. Cost $21.61 Unrealized 0.0%

— CHESAPEAKE ENERGY CORP 0.1%

Value ($000) $244 Shares 5,000,000 Est. Cost $0.60 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
HYG	ISHARES TR	450,000	$34,682	18.3%	—	—	Call	464288513
EEM	ISHARES TR	500,000	$17,065	9.0%	—	—	Put	464287234
HYG	ISHARES TR	200,000	$15,414	8.1%	—	—	Put	464288513
WFC	WELLS FARGO CO NEW	506,096	$14,525	7.7%	$36.64	0.0%	COM	949746101
C	CITIGROUP INC	334,545	$14,091	7.4%	$53.26	+1.7%	COM NEW	172967424
CFG	CITIZENS FINANCIAL GROUP INC	636,249	$11,968	6.3%	$25.57	-1.9%	COM	174610105
—	ATHENE HLDG LTD	468,542	$11,629	6.1%	$43.89	—	CL A	G0684D107
PRU	PRUDENTIAL FINL INC	177,096	$9,234	4.9%	$58.98	0.0%	COM	744320102
EQH	AXA EQUITABLE	518,999	$7,500	4.0%	$18.74	0.0%	COM	29452E101
EEM	ISHARES TR	200,000	$6,826	3.6%	—	—	Call	464287234
—	SYNOVUS FINL CORP	382,826	$6,722	3.5%	$35.45	—	COM NEW	87161C501
FHN	FIRST HORIZON NATL CORP	705,662	$5,688	3.0%	$12.14	-9.1%	COM	320517105
BAC	BK OF AMERICA CORP	155,000	$3,291	1.7%	$25.91	0.0%	COM	060505104
BPOP	POPULAR INC	92,251	$3,229	1.7%	$43.03	-4.3%	COM NEW	733174700
VOYA	VOYA FINANCIAL INC	77,874	$3,158	1.7%	$49.35	0.0%	COM	929089100
—	INVESTORS BANCORP INC NEW	367,928	$2,940	1.6%	$10.93	—	COM	46146L101
FITB	FIFTH THIRD BANCORP	181,364	$2,693	1.4%	$19.66	0.0%	COM	316773100
COF	CAPITAL ONE FINL CORP	48,403	$2,440	1.3%	$79.63	-0.2%	COM	14040H105
MTG	MGIC INVT CORP WIS	346,686	$2,201	1.2%	$12.25	-1.4%	COM	552848103
AAMI	BRIGHTSPHERE INVT GROUP INC	336,335	$2,149	1.1%	$9.35	-9.8%	COM	10948W103
RF	REGIONS FINANCIAL CORP NEW	231,603	$2,077	1.1%	$10.97	0.0%	COM	7591EP100
RDN	RADIAN GROUP INC	136,797	$1,772	0.9%	$18.16	0.0%	COM	750236101
—	BGC PARTNERS INC	644,280	$1,624	0.9%	$5.04	—	CL A	05541T101
—	APOLLO COML REAL EST FIN INC	2,000,000	$1,398	0.7%	$0.70	—	NOTE	03762UAB1
—	IBERIABANK CORP	36,482	$1,319	0.7%	$69.31	—	COM	450828108
EVR	EVERCORE INC	17,213	$793	0.4%	$66.70	-11.5%	CLASS A	29977A105
—	INDEPENDENT BK GROUP INC	32,903	$779	0.4%	$23.68	—	COM	45384B106
MSCI	MSCI INC	2,500	$722	0.4%	—	—	Put	55354G100
TCBI	TEXAS CAPITAL BANCSHARES INC	32,452	$719	0.4%	$46.38	0.0%	COM	88224Q107
ALLY	ALLY FINL INC	39,790	$574	0.3%	$21.61	0.0%	COM	02005N100
—	CHESAPEAKE ENERGY CORP	5,000,000	$244	0.1%	$0.60	—	COM	165167107