LALINDEN ADVISORS LP

Institutional investor · Portfolio as of Q1 2020

SEC EDGAR SourceSEC Filings

Top Holdings239 positions

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Activity:
Stock
Shares
Value
Weight
Avg Buy
Est. P&L
Held
Conviction
393.1M$406.4M7.2%
5 qtrssince 2019-Q1
Increased
70
??MERCADOLIBRE INCDelisted
Bond
291.5M$380.5M6.8%
3 qtrssince 2019-Q3
Increased
67
??TESLA INCDelisted
Bond
204.3M$374.4M6.7%
2 qtrssince 2019-Q4
Increased
97
??EXACT SCIENCES CORPDelisted
Bond
404M$317.9M5.6%
1 qtr
New
96
??SEA LTDDelisted
Bond
133.2M$308.9M5.5%
4 qtrssince 2019-Q2
Decreased
0
??SPLUNK INCDelisted
Bond
210.9M$232.1M4.1%
3 qtrssince 2019-Q3
Increased
59
??DEXCOM INCDelisted
Bond
105.9M$184.1M3.3%
2 qtrssince 2019-Q4
Decreased
0
??HUAZHU GROUP LTDDelisted
Bond
162.4M$156.8M2.8%
5 qtrssince 2019-Q1
Decreased
0
95.4M$145.9M2.6%
5 qtrssince 2019-Q1
Decreased
0
??SPLUNK INCDelisted
Bond
125.2M$134.9M2.4%
3 qtrssince 2019-Q3
Decreased
0
154.7M$108.1M1.9%
5 qtrssince 2019-Q1
Increased
51
??GDS HOLDINGS LIMITEDDelisted
Bond
79.5M$101.8M1.8%
4 qtrssince 2019-Q2
Increased
56
??EXACT SCIENCES CORPDelisted
Bond
117.2M$99.2M1.8%
5 qtrssince 2019-Q1
Decreased
0
??SYNAPTICS INCDelisted
Bond
89.9M$93.5M1.7%
2 qtrssince 2019-Q4
Increased
76
??LUMENTUM HLDGS INCDelisted
Bond
67.7M$92.1M1.6%
5 qtrssince 2019-Q1
Increased
55
??8X8 INC NEWDelisted
Bond
107.6M$91.7M1.6%
1 qtr
New
68
99.8M$80.7M1.4%
5 qtrssince 2019-Q1
Increased
47
??COLONY CAP INCDelisted
Bond
95.8M$78.7M1.4%
5 qtrssince 2019-Q1
Increased
50
??MANDIANT INCDelisted
Bond
90.2M$76.1M1.4%
4 qtrssince 2019-Q2
Decreased
0
??RAPID7 INCDelisted
Bond
60.1M$73M1.3%
3 qtrssince 2019-Q3
Decreased
0
$5.6B
AUM
239
Positions
Q1 2020
Filing
Rating · 2.0
Quarterly Portfolio Change
+50%Q2'19$6.6B+13%Q3'19$7.4B+14%Q4'19$8.4B-33%Q1'20$5.6B
Activity profile
$ moved · Q1'20
New15%Increased14%Decreased29%Exited42%
Composition
Equity vs derivatives
Equity100%Puts0%Calls0%
Holding period
Avg 2.0 quarters
<1Q25%1-4Q55%1-2Y19%2Y+1%

LINDEN ADVISORS LP manages $5.6B across 239 positions as of Q1 2020. Top holdings: MICROCHIP TECHNOLOGY INC. (7.2%), MERCADOLIBRE INC (6.8%), TESLA INC (6.7%). Fund DNA: Momentum Trader. HoldingsIntel Rating: 2/5.0.

Q1 2020 Summary

Active quarter - 59 new positions, 55 exits, 54 increased. No standout high-conviction moves this quarter. Portfolio: $5.6B across 239 positions.

Top holdings by portfolio weight

Total AUM$6B
MICROCHIP TE7.22%
MERCADOLIBRE6.76%
TESLA INC6.65%
EXACT SCIENC5.65%
SEA LTD5.49%
SPLUNK INC4.12%
DEXCOM INC3.27%
HUAZHU GROUP2.79%
SAREPTA THER2.59%
SPLUNK INC2.40%
Other1.92%

Portfolio allocation by GICS sector

Sectors10
Unknown71.89%
Technology17.97%
Financial Services4.24%
Communication Services1.44%
Consumer Cyclical1.39%
Industrials1.36%
Consumer Defensive0.73%
Healthcare0.58%
Real Estate0.37%
Energy0.04%

Behavioral investing profile

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Momentum Trader
Compare DNA across all funds
7-dimension quality assessment
Below Average(2.0 / 5.0)
Track Record61
Conviction31
Concentration37
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Position Outcomes

Best and worst performing positions by estimated return

Cost basis estimates based on full filing history using quarter-end prices. Actual transaction prices are not disclosed in 13F filings.

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Data sourced from SEC EDGAR 13F filings. Not financial advice. Full disclaimer

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