LALINDEN ADVISORS LP

Institutional investor · Portfolio as of Q1 2022

SEC EDGAR SourceSEC Filings

Top Holdings721 positions

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Activity:
Stock
Shares
Value
Weight
Avg Buy
Est. P&L
Held
Conviction
517.4M$1.1B6.8%
Increased
81
??SEA LTDDelisted
476.5M$755.7M4.7%
Increased
86
??WOLFSPEED INCDelisted
Bond
286.5M$715.9M4.5%
Increased
64
??BILL HOLDINGS INCDelisted
Bond
289.3M$461.1M2.9%
Increased
54
??DATADOG INCDelisted
Bond
216.8M$383.9M2.4%
Increased
68
??BILIBILI INCDelisted
Bond
358M$367.1M2.3%
Increased
54
157.7M$318.3M2.0%
8 qtrssince 2020-Q2
Increased
58
??PDD HOLDINGS INCDelisted
Bond
347M$307.5M1.9%
Increased
52
??SEA LTD
Bond
374.9M$300.7M1.9%
Increased
60
??MONGODB INCDelisted
Bond
133.7M$289.6M1.8%
Increased
72
254.2M$272.2M1.7%
7 qtrssince 2020-Q3
Decreased
0
??EXACT SCIENCES CORPDelisted
Bond
298.4M$264.6M1.7%
9 qtrssince 2020-Q1
Increased
53
??BILIBILI INCDelisted
Bond
176M$225M1.4%
8 qtrssince 2020-Q2
Decreased
0
??MICROSTRATEGY INCDelisted
Bond
154.9M$216.3M1.4%
Unchanged
0
??LIVONGO HEALTH INCDelisted
Bond
199.8M$201.5M1.3%
Decreased
0
??OKTA INCDelisted
Bond
178M$191.5M1.2%
7 qtrssince 2020-Q3
Increased
49
??ETSY INC
Bond
118.1M$189.9M1.2%
7 qtrssince 2020-Q3
Increased
72
134.6M$167.8M1.1%
New
69
??OKTA INCDelisted
Bond
169.5M$166.3M1.0%
Decreased
0
??ZILLOW GROUP INCDelisted
Bond
145.5M$165.2M1.0%
7 qtrssince 2020-Q3
Increased
50
$15.9B
AUM
721
Positions
Q1 2022
Filing
Rating · 2.0
Quarterly Portfolio Change
+61%Q4'20$13.4B+1%Q1'21$13.5B+40%Q2'21$18.9B-10%Q3'21$17B-4%Q4'21$16.4B-2%Q1'22$15.9B
Activity profile
$ moved · Q1'22
New34%Increased19%Decreased30%Exited17%
Composition
Equity vs derivatives
Equity100%Puts0%Calls0%
Holding period
Avg 2.3 quarters
<1Q34%1-4Q41%1-2Y21%2Y+4%

LINDEN ADVISORS LP manages $15.9B across 721 positions as of Q1 2022. Top holdings: PALO ALTO NETWORKS INC (6.8%), SEA LTD (4.7%), WOLFSPEED INC (4.5%). Fund DNA: Momentum Trader. HoldingsIntel Rating: 2/5.0.

Q1 2022 Summary

Active quarter - 256 new positions, 255 exits, 63 increased. No standout high-conviction moves this quarter. Portfolio: $15.9B across 721 positions.

Top holdings by portfolio weight

Total AUM$16B
PALO ALTO NE6.85%
SEA LTD4.74%
WOLFSPEED IN4.49%
BILL HOLDING2.89%
DATADOG INC2.41%
BILIBILI INC2.30%
PENN ENTERTA2.00%
PDD HOLDINGS1.93%
SEA LTD1.89%
MONGODB INC1.82%
Other1.71%

Portfolio allocation by GICS sector

Sectors6
Unknown86.62%
Financial Services8.64%
Consumer Cyclical2.71%
Technology1.36%
Real Estate0.59%
Healthcare0.08%

Behavioral investing profile

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Momentum Trader- primarily Unknown
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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