Algebris (UK) Ltd Hedge Fund

CIK: 0001700286 · Show all filings

Period: Q1 2021 (← Previous) (Next →)

Filing Date: May 14, 2021

Total Value ($000): $309,781 (98.8% shares, 1.2% debt)

Holdings (26)

HYG ISHARES TR 16.3%

Value ($000) $50,564 Shares 580,000 Est. Cost — Unrealized —

EMB ISHARES TR 8.8%

Value ($000) $27,220 Shares 250,000 Est. Cost — Unrealized —

LQD ISHARES TR 8.0%

Value ($000) $24,709 Shares 190,000 Est. Cost — Unrealized —

C CITIGROUP INC 7.5%

Value ($000) $23,126 Shares 317,888 Est. Cost $49.79 Unrealized +12.8%

PRU PRUDENTIAL FINL INC 7.4%

Value ($000) $23,030 Shares 252,803 Est. Cost $56.09 Unrealized +20.9%

HIG HARTFORD FINL SVCS GROUP INC 7.3%

Value ($000) $22,708 Shares 340,000 Est. Cost $48.86 Unrealized 0.0%

TLT ISHARES TR 6.6%

Value ($000) $20,481 Shares 150,000 Est. Cost $136.52 Unrealized —

EQH EQUITABLE HLDGS INC 6.5%

Value ($000) $20,067 Shares 615,174 Est. Cost $18.22 Unrealized +40.1%

VOYA VOYA FINANCIAL INC 5.2%

Value ($000) $16,051 Shares 252,211 Est. Cost $51.65 Unrealized +6.5%

— ATHENE HOLDING LTD 4.5%

Value ($000) $13,890 Shares 275,598 Est. Cost $42.57 Unrealized —

WFC WELLS FARGO CO NEW 4.0%

Value ($000) $12,508 Shares 320,141 Est. Cost $27.88 Unrealized +13.4%

BPOP POPULAR INC 2.9%

Value ($000) $9,096 Shares 129,353 Est. Cost $39.57 Unrealized +41.9%

— LAZARD LTD 2.6%

Value ($000) $7,965 Shares 183,055 Est. Cost $43.51 Unrealized —

CFG CITIZENS FINANCIAL GROUP INC 1.5%

Value ($000) $4,552 Shares 103,101 Est. Cost $33.89 Unrealized 0.0%

TLT ISHARES TR 1.3%

Value ($000) $4,133 Shares 30,273 Est. Cost $136.52 Unrealized —

STT STATE STR CORP 1.3%

Value ($000) $4,061 Shares 48,344 Est. Cost $66.07 Unrealized 0.0%

— PEBBLEBROOK HOTEL TR 1.2%

Value ($000) $3,573 Shares 3,000,000 Est. Cost $1.07 Unrealized —

HIG HARTFORD FINL SVCS GROUP INC 1.1%

Value ($000) $3,440 Shares 51,500 Est. Cost $48.86 Unrealized 0.0%

— NEW YORK CMNTY BANCORP INC 1.1%

Value ($000) $3,306 Shares 261,940 Est. Cost $10.55 Unrealized —

— FLAGSTAR BANCORP INC 1.0%

Value ($000) $3,028 Shares 67,146 Est. Cost $30.65 Unrealized —

AGNC AGNC INVT CORP 0.9%

Value ($000) $2,895 Shares 172,309 Est. Cost $16.80 Unrealized —

IVZ INVESCO LTD 0.8%

Value ($000) $2,523 Shares 100,031 Est. Cost $12.44 Unrealized +47.0%

FHI FEDERATED HERMES INC 0.7%

Value ($000) $2,260 Shares 72,206 Est. Cost $21.40 Unrealized +13.1%

FNF FIDELITY NATIONAL FINANCIAL 0.6%

Value ($000) $1,911 Shares 47,000 Est. Cost $30.18 Unrealized 0.0%

CNH CNH INDUSTRIAL ORD 0.5%

Value ($000) $1,555 Shares 100,000 Est. Cost $11.22 Unrealized 0.0%

— PENNYMAC FINANCIAL ORD 0.4%

Value ($000) $1,129 Shares 16,887 Est. Cost $66.86 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
HYG	ISHARES TR	580,000	$50,564	16.3%	—	—	Put	464288513
EMB	ISHARES TR	250,000	$27,220	8.8%	—	—	Put	464288281
LQD	ISHARES TR	190,000	$24,709	8.0%	—	—	Put	464287242
C	CITIGROUP INC	317,888	$23,126	7.5%	$49.79	+12.8%	COM NEW	172967424
PRU	PRUDENTIAL FINL INC	252,803	$23,030	7.4%	$56.09	+20.9%	COM	744320102
HIG	HARTFORD FINL SVCS GROUP INC	340,000	$22,708	7.3%	$48.86	0.0%	Call	416515104
TLT	ISHARES TR	150,000	$20,481	6.6%	$136.52	—	Put	464287432
EQH	EQUITABLE HLDGS INC	615,174	$20,067	6.5%	$18.22	+40.1%	COM	29452E101
VOYA	VOYA FINANCIAL INC	252,211	$16,051	5.2%	$51.65	+6.5%	COM	929089100
—	ATHENE HOLDING LTD	275,598	$13,890	4.5%	$42.57	—	CL A	G0684D107
WFC	WELLS FARGO CO NEW	320,141	$12,508	4.0%	$27.88	+13.4%	COM	949746101
BPOP	POPULAR INC	129,353	$9,096	2.9%	$39.57	+41.9%	COM NEW	733174700
—	LAZARD LTD	183,055	$7,965	2.6%	$43.51	—	SHS A	G54050102
CFG	CITIZENS FINANCIAL GROUP INC	103,101	$4,552	1.5%	$33.89	0.0%	COM	174610105
TLT	ISHARES TR	30,273	$4,133	1.3%	$136.52	—	20 YR TR BD ETF	464287432
STT	STATE STR CORP	48,344	$4,061	1.3%	$66.07	0.0%	COM	857477103
—	PEBBLEBROOK HOTEL TR	3,000,000	$3,573	1.2%	$1.07	—	NOTE 1.750%12/1	70509VAA8
HIG	HARTFORD FINL SVCS GROUP INC	51,500	$3,440	1.1%	$48.86	0.0%	COM	416515104
—	NEW YORK CMNTY BANCORP INC	261,940	$3,306	1.1%	$10.55	—	COM	649445103
—	FLAGSTAR BANCORP INC	67,146	$3,028	1.0%	$30.65	—	COM PAR .001	337930705
AGNC	AGNC INVT CORP	172,309	$2,895	0.9%	$16.80	—	COM	00123Q104
IVZ	INVESCO LTD	100,031	$2,523	0.8%	$12.44	+47.0%	SHS	G491BT108
FHI	FEDERATED HERMES INC	72,206	$2,260	0.7%	$21.40	+13.1%	CL B	314211103
FNF	FIDELITY NATIONAL FINANCIAL	47,000	$1,911	0.6%	$30.18	0.0%	FNF GROUP COM	31620R303
CNH	CNH INDUSTRIAL ORD	100,000	$1,555	0.5%	$11.22	0.0%	COM	N20944109
—	PENNYMAC FINANCIAL ORD	16,887	$1,129	0.4%	$66.86	—	COM	70932B101