III Capital Management Hedge Fund

CIK: 0001783139 · Show all filings

Period: Q4 2024 (← Previous) (Next →)

Filing Date: Feb 14, 2025

Total Value ($000): $620,947 (57.2% shares, 42.8% debt)

Holdings (37)

SPY SPDR S&P 500 ETF TR 20.8%

Value ($000) $129,163 Shares 220,385 Est. Cost $586.08 Unrealized —

BKLN INVESCO EXCH TRADED FD TR II 19.0%

Value ($000) $117,689 Shares 5,585,614 Est. Cost $21.11 Unrealized —

— BOOKING HOLDINGS INC 15.1%

Value ($000) $93,766 Shares 35,487,000 Est. Cost $1.79 Unrealized —

— INSIGHT ENTERPRISES INC 7.8%

Value ($000) $48,643 Shares 21,595,000 Est. Cost $2.07 Unrealized —

— BENTLEY SYS INC 5.6%

Value ($000) $34,603 Shares 35,605,000 Est. Cost $1.00 Unrealized —

— ETSY INC 4.5%

Value ($000) $28,216 Shares 29,119,000 Est. Cost $1.24 Unrealized —

— PG&E CORP 4.1%

Value ($000) $25,488 Shares 23,468,000 Est. Cost $1.09 Unrealized —

— INNOVIVA INC 3.2%

Value ($000) $19,675 Shares 17,842,000 Est. Cost $1.08 Unrealized —

PCG PG&E CORP 2.1%

Value ($000) $13,220 Shares 655,100 Est. Cost — Unrealized —

— SEAGATE HDD CAYMAN 2.0%

Value ($000) $12,411 Shares 10,312,000 Est. Cost $1.44 Unrealized —

— LUCID GROUP INC 1.9%

Value ($000) $11,749 Shares 3,890,500 Est. Cost $3.02 Unrealized —

EXPE EXPEDIA GROUP INC 1.0%

Value ($000) $6,425 Shares 34,480 Est. Cost $132.83 Unrealized +28.7%

ACI ALBERTSONS COS INC 0.9%

Value ($000) $5,892 Shares 300,000 Est. Cost $18.22 Unrealized 0.0%

CRH CRH PLC 0.8%

Value ($000) $5,231 Shares 56,534 Est. Cost $66.80 Unrealized +42.6%

HRI HERC HLDGS INC 0.8%

Value ($000) $5,210 Shares 27,520 Est. Cost $140.72 Unrealized +39.6%

XLP SELECT SECTOR SPDR TR 0.8%

Value ($000) $5,055 Shares 64,300 Est. Cost $77.05 Unrealized —

RTO RENTOKIL INITIAL PLC 0.8%

Value ($000) $4,862 Shares 192,030 Est. Cost $28.35 Unrealized —

WYNN WYNN RESORTS LTD 0.8%

Value ($000) $4,739 Shares 55,000 Est. Cost $91.07 Unrealized +2.5%

META META PLATFORMS INC 0.8%

Value ($000) $4,684 Shares 8,000 Est. Cost $532.21 Unrealized +9.9%

CZR CAESARS ENTERTAINMENT INC NE 0.8%

Value ($000) $4,675 Shares 139,900 Est. Cost $39.75 Unrealized -0.4%

H HYATT HOTELS CORP 0.7%

Value ($000) $4,395 Shares 28,000 Est. Cost $154.42 Unrealized 0.0%

IAC IAC INC 0.7%

Value ($000) $4,314 Shares 100,000 Est. Cost $40.06 Unrealized 0.0%

VSTS VESTIS CORPORATION 0.7%

Value ($000) $4,205 Shares 275,928 Est. Cost $14.31 Unrealized +5.2%

CHTR CHARTER COMMUNICATIONS INC N 0.7%

Value ($000) $4,113 Shares 12,000 Est. Cost $354.86 Unrealized +1.9%

FUN SIX FLAGS ENTERTAINMENT CORP 0.5%

Value ($000) $3,350 Shares 69,516 Est. Cost $45.74 Unrealized -4.1%

— LANDSEA HOMES CORP 0.5%

Value ($000) $3,086 Shares 363,444 Est. Cost $9.47 Unrealized —

— BEYOND MEAT INC 0.5%

Value ($000) $2,885 Shares 19,546,000 Est. Cost $0.37 Unrealized —

NXST NEXSTAR MEDIA GROUP INC 0.4%

Value ($000) $2,528 Shares 16,000 Est. Cost $158.07 Unrealized +0.5%

CAR AVIS BUDGET GROUP 0.3%

Value ($000) $2,096 Shares 26,000 Est. Cost $91.18 Unrealized 0.0%

NCLH NORWEGIAN CRUISE LINE HLDG L 0.3%

Value ($000) $1,945 Shares 75,600 Est. Cost $19.45 Unrealized +30.0%

W WAYFAIR INC 0.3%

Value ($000) $1,684 Shares 38,000 Est. Cost $47.82 Unrealized -1.4%

GDEN GOLDEN ENTMT INC 0.3%

Value ($000) $1,644 Shares 52,028 Est. Cost $29.77 Unrealized +2.0%

KHC KRAFT HEINZ CO 0.2%

Value ($000) $1,285 Shares 41,830 Est. Cost $31.31 Unrealized -2.1%

WDC WESTERN DIGITAL CORP 0.2%

Value ($000) $1,270 Shares 21,300 Est. Cost $34.76 Unrealized +44.1%

— LUCID GROUP INC 0.1%

Value ($000) $349 Shares 115,527 Est. Cost $3.02 Unrealized —

BELFB BEL FUSE INC 0.1%

Value ($000) $319 Shares 3,869 Est. Cost $62.49 Unrealized +29.0%

BBAI/WS BIGBEAR AI HLDGS INC 0.0%

Value ($000) $83 Shares 52,382 Est. Cost $0.88 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SPY	SPDR S&P 500 ETF TR	220,385	$129,163	20.8%	$586.08	—	TR UNIT	78462F103
BKLN	INVESCO EXCH TRADED FD TR II	5,585,614	$117,689	19.0%	$21.11	—	SR LN ETF	46138G508
—	BOOKING HOLDINGS INC	35,487,000	$93,766	15.1%	$1.79	—	NOTE 0.750% 5/0	09857LAN8
—	INSIGHT ENTERPRISES INC	21,595,000	$48,643	7.8%	$2.07	—	NOTE 0.750% 2/1	45765UAB9
—	BENTLEY SYS INC	35,605,000	$34,603	5.6%	$1.00	—	NOTE 0.125% 1/1	08265TAB5
—	ETSY INC	29,119,000	$28,216	4.5%	$1.24	—	NOTE 0.125%10/0	29786AAJ5
—	PG&E CORP	23,468,000	$25,488	4.1%	$1.09	—	NOTE 4.250%12/0	69331CAL2
—	INNOVIVA INC	17,842,000	$19,675	3.2%	$1.08	—	NOTE 2.500% 8/1	45781MAB7
PCG	PG&E CORP	655,100	$13,220	2.1%	—	—	Put	69331C108
—	SEAGATE HDD CAYMAN	10,312,000	$12,411	2.0%	$1.44	—	NOTE 3.500% 6/0	81180WBL4
—	LUCID GROUP INC	3,890,500	$11,749	1.9%	$3.02	—	Put	549498103
EXPE	EXPEDIA GROUP INC	34,480	$6,425	1.0%	$132.83	+28.7%	COM NEW	30212P303
ACI	ALBERTSONS COS INC	300,000	$5,892	0.9%	$18.22	0.0%	COMMON STOCK	013091103
CRH	CRH PLC	56,534	$5,231	0.8%	$66.80	+42.6%	ORD	G25508105
HRI	HERC HLDGS INC	27,520	$5,210	0.8%	$140.72	+39.6%	COM	42704L104
XLP	SELECT SECTOR SPDR TR	64,300	$5,055	0.8%	$77.05	—	SBI CONS STPLS	81369Y308
RTO	RENTOKIL INITIAL PLC	192,030	$4,862	0.8%	$28.35	—	SPONSORED ADR	760125104
WYNN	WYNN RESORTS LTD	55,000	$4,739	0.8%	$91.07	+2.5%	COM	983134107
META	META PLATFORMS INC	8,000	$4,684	0.8%	$532.21	+9.9%	CL A	30303M102
CZR	CAESARS ENTERTAINMENT INC NE	139,900	$4,675	0.8%	$39.75	-0.4%	COM	12769G100
H	HYATT HOTELS CORP	28,000	$4,395	0.7%	$154.42	0.0%	COM CL A	448579102
IAC	IAC INC	100,000	$4,314	0.7%	$40.06	0.0%	COM NEW	44891N208
VSTS	VESTIS CORPORATION	275,928	$4,205	0.7%	$14.31	+5.2%	COM SHS	29430C102
CHTR	CHARTER COMMUNICATIONS INC N	12,000	$4,113	0.7%	$354.86	+1.9%	CL A	16119P108
FUN	SIX FLAGS ENTERTAINMENT CORP	69,516	$3,350	0.5%	$45.74	-4.1%	COM	83001C108
—	LANDSEA HOMES CORP	363,444	$3,086	0.5%	$9.47	—	COM	51509P103
—	BEYOND MEAT INC	19,546,000	$2,885	0.5%	$0.37	—	NOTE 3/1	08862EAB5
NXST	NEXSTAR MEDIA GROUP INC	16,000	$2,528	0.4%	$158.07	+0.5%	COMMON STOCK	65336K103
CAR	AVIS BUDGET GROUP	26,000	$2,096	0.3%	$91.18	0.0%	COM	053774105
NCLH	NORWEGIAN CRUISE LINE HLDG L	75,600	$1,945	0.3%	$19.45	+30.0%	SHS	G66721104
W	WAYFAIR INC	38,000	$1,684	0.3%	$47.82	-1.4%	CL A	94419L101
GDEN	GOLDEN ENTMT INC	52,028	$1,644	0.3%	$29.77	+2.0%	COM	381013101
KHC	KRAFT HEINZ CO	41,830	$1,285	0.2%	$31.31	-2.1%	COM	500754106
WDC	WESTERN DIGITAL CORP	21,300	$1,270	0.2%	$34.76	+44.1%	COM	958102105
—	LUCID GROUP INC	115,527	$349	0.1%	$3.02	—	COM	549498103
BELFB	BEL FUSE INC	3,869	$319	0.1%	$62.49	+29.0%	CL B	077347300
BBAI/WS	BIGBEAR AI HLDGS INC	52,382	$83	0.0%	$0.88	—	*W EXP 12/08/202	08975B117