Algebris (UK) Ltd Hedge Fund

CIK: 0001700286 · Show all filings

Period: Q2 2020 (← Previous) (Next →)

Filing Date: Aug 14, 2020

Total Value ($000): $135,984 (97.8% shares, 2.2% debt)

Holdings (32)

— ATHENE HLDG LTD 11.7%

Value ($000) $15,956 Shares 511,585 Est. Cost $42.82 Unrealized —

PRU PRUDENTIAL FINL INC 10.0%

Value ($000) $13,650 Shares 224,131 Est. Cost $55.89 Unrealized -20.8%

C CITIGROUP INC 9.6%

Value ($000) $13,037 Shares 255,124 Est. Cost $53.26 Unrealized -27.4%

CFG CITIZENS FINANCIAL GROUP INC 7.7%

Value ($000) $10,434 Shares 413,387 Est. Cost $25.57 Unrealized -30.6%

EQH EQUITABLE HLDGS INC 7.1%

Value ($000) $9,604 Shares 497,884 Est. Cost $18.74 Unrealized -17.4%

MET METLIFE INC 6.3%

Value ($000) $8,551 Shares 234,136 Est. Cost $28.97 Unrealized 0.0%

AGNC AGNC INVESTMENT CORP 5.7%

Value ($000) $7,719 Shares 598,408 Est. Cost $12.90 Unrealized —

WFC WELLS FARGO CO NEW 5.6%

Value ($000) $7,678 Shares 299,939 Est. Cost $36.64 Unrealized -34.6%

FXI ISHARES TR 5.3%

Value ($000) $7,146 Shares 180,000 Est. Cost — Unrealized —

BPOP POPULAR INC 5.1%

Value ($000) $6,877 Shares 185,011 Est. Cost $37.24 Unrealized -15.5%

FHN FIRST HORIZON NATL CORP 3.5%

Value ($000) $4,824 Shares 484,299 Est. Cost $12.14 Unrealized -39.4%

MS MORGAN STANLEY 3.0%

Value ($000) $4,030 Shares 83,432 Est. Cost $35.21 Unrealized 0.0%

AXS AXIS CAPITAL HOLDINGS LTD 2.2%

Value ($000) $2,968 Shares 73,182 Est. Cost $32.94 Unrealized 0.0%

— FLAGSTAR BANCORP INC 1.7%

Value ($000) $2,293 Shares 77,899 Est. Cost $29.44 Unrealized —

HBAN HUNTINGTON BANCSHARES INC 1.6%

Value ($000) $2,183 Shares 241,659 Est. Cost $6.82 Unrealized 0.0%

— APOLLO COMMRL REAL EST FIN INC 1.5%

Value ($000) $2,000 Shares 1,740,210 Est. Cost $0.70 Unrealized —

— BGC PARTNERS INC 1.3%

Value ($000) $1,783 Shares 650,576 Est. Cost $5.04 Unrealized —

— ALLEGHANY CORP DEL 1.2%

Value ($000) $1,598 Shares 3,267 Est. Cost $489.13 Unrealized —

XYZ SQUARE INC 1.2%

Value ($000) $1,574 Shares 15,000 Est. Cost — Unrealized —

JPM JPMORGAN CHASE & CO 0.9%

Value ($000) $1,270 Shares 13,500 Est. Cost — Unrealized —

COF CAPITAL ONE FINL CORP 0.9%

Value ($000) $1,229 Shares 19,641 Est. Cost $79.63 Unrealized -28.9%

BAC BK OF AMERICA CORP 0.8%

Value ($000) $1,140 Shares 48,000 Est. Cost $25.91 Unrealized -20.6%

VOYA VOYA FINANCIAL INC 0.8%

Value ($000) $1,115 Shares 23,904 Est. Cost $49.35 Unrealized -18.3%

WFC WELLS FARGO CO NEW 0.8%

Value ($000) $1,024 Shares 40,000 Est. Cost $36.64 Unrealized -34.6%

MTG MGIC INVT CORP WIS 0.7%

Value ($000) $1,009 Shares 123,197 Est. Cost $12.25 Unrealized -38.9%

— ENCORE CAPITAL GROUP INC 0.7%

Value ($000) $1,000 Shares 981,749 Est. Cost $1.02 Unrealized —

— STERLING BANCORP DEL 0.7%

Value ($000) $973 Shares 83,000 Est. Cost $11.72 Unrealized —

RDN RADIAN GROUP INC 0.7%

Value ($000) $970 Shares 62,568 Est. Cost $18.16 Unrealized -31.8%

CNH CNH INDUSTRIAL 0.5%

Value ($000) $665 Shares 95,000 Est. Cost $4.93 Unrealized 0.0%

— FIAT CHRYSLER AUTOMOBILES N 0.4%

Value ($000) $603 Shares 60,000 Est. Cost $10.05 Unrealized —

OSG AMBAC FINL GROUP INC 0.4%

Value ($000) $556 Shares 38,809 Est. Cost $14.62 Unrealized 0.0%

— COWEN INC 0.4%

Value ($000) $525 Shares 32,358 Est. Cost $16.22 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	ATHENE HLDG LTD	511,585	$15,956	11.7%	$42.82	—	CL A	G0684D107
PRU	PRUDENTIAL FINL INC	224,131	$13,650	10.0%	$55.89	-20.8%	COM	744320102
C	CITIGROUP INC	255,124	$13,037	9.6%	$53.26	-27.4%	COM NEW	172967424
CFG	CITIZENS FINANCIAL GROUP INC	413,387	$10,434	7.7%	$25.57	-30.6%	COM	174610105
EQH	EQUITABLE HLDGS INC	497,884	$9,604	7.1%	$18.74	-17.4%	COM	29452E101
MET	METLIFE INC	234,136	$8,551	6.3%	$28.97	0.0%	COM	59156R108
AGNC	AGNC INVESTMENT CORP	598,408	$7,719	5.7%	$12.90	—	SHS	00123Q104
WFC	WELLS FARGO CO NEW	299,939	$7,678	5.6%	$36.64	-34.6%	COM	949746101
FXI	ISHARES TR	180,000	$7,146	5.3%	—	—	Put	464287184
BPOP	POPULAR INC	185,011	$6,877	5.1%	$37.24	-15.5%	COM NEW	733174700
FHN	FIRST HORIZON NATL CORP	484,299	$4,824	3.5%	$12.14	-39.4%	COM	320517105
MS	MORGAN STANLEY	83,432	$4,030	3.0%	$35.21	0.0%	COM NEW	617446448
AXS	AXIS CAPITAL HOLDINGS LTD	73,182	$2,968	2.2%	$32.94	0.0%	SHS	G0692U109
—	FLAGSTAR BANCORP INC	77,899	$2,293	1.7%	$29.44	—	COM PAR .001	337930705
HBAN	HUNTINGTON BANCSHARES INC	241,659	$2,183	1.6%	$6.82	0.0%	COM	446150104
—	APOLLO COMMRL REAL EST FIN INC	1,740,210	$2,000	1.5%	$0.70	—	NOTE	03762UAB1
—	BGC PARTNERS INC	650,576	$1,783	1.3%	$5.04	—	CL A	05541T101
—	ALLEGHANY CORP DEL	3,267	$1,598	1.2%	$489.13	—	COM	017175100
XYZ	SQUARE INC	15,000	$1,574	1.2%	—	—	Put	852234103
JPM	JPMORGAN CHASE & CO	13,500	$1,270	0.9%	—	—	Put	46625H100
COF	CAPITAL ONE FINL CORP	19,641	$1,229	0.9%	$79.63	-28.9%	COM	14040H105
BAC	BK OF AMERICA CORP	48,000	$1,140	0.8%	$25.91	-20.6%	Put	060505104
VOYA	VOYA FINANCIAL INC	23,904	$1,115	0.8%	$49.35	-18.3%	COM	929089100
WFC	WELLS FARGO CO NEW	40,000	$1,024	0.8%	$36.64	-34.6%	Call	949746101
MTG	MGIC INVT CORP WIS	123,197	$1,009	0.7%	$12.25	-38.9%	COM	552848103
—	ENCORE CAPITAL GROUP INC	981,749	$1,000	0.7%	$1.02	—	NOTE	292554AH5
—	STERLING BANCORP DEL	83,000	$973	0.7%	$11.72	—	COM	85917A100
RDN	RADIAN GROUP INC	62,568	$970	0.7%	$18.16	-31.8%	COM	750236101
CNH	CNH INDUSTRIAL	95,000	$665	0.5%	$4.93	0.0%	SHS	N20944109
—	FIAT CHRYSLER AUTOMOBILES N	60,000	$603	0.4%	$10.05	—	SHS	N31738102
OSG	AMBAC FINL GROUP INC	38,809	$556	0.4%	$14.62	0.0%	COM NEW	023139884
—	COWEN INC	32,358	$525	0.4%	$16.22	—	CL A NEW	223622606