LALINDEN ADVISORS LP

Institutional investor · Portfolio as of Q2 2019

SEC EDGAR SourceSEC Filings

Top Holdings187 positions

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Activity:
Stock
Shares
Value
Weight
Avg Buy
Est. P&L
Held
Conviction
225.2M$394.8M6.0%
2 qtrssince 2019-Q1
Increased
66
??SEA LTDDelisted
Bond
200.9M$366M5.6%
1 qtr
New
96
309.3M$365.6M5.6%
2 qtrssince 2019-Q1
Increased
64
??TWILIO INCDelisted
Bond
126.5M$254.2M3.9%
1 qtr
New
85
??TELADOC HEALTH INCDelisted
Bond
142.8M$242.9M3.7%
Increased
58
??ALTERYX INCDelisted
Bond
81.2M$205M3.1%
New
85
??HUAZHU GROUP LTDDelisted
Bond
174.9M$189.5M2.9%
2 qtrssince 2019-Q1
Increased
58
83.8M$186.5M2.8%
2 qtrssince 2019-Q1
Increased
59
??OKTA INCDelisted
Bond
71.2M$185M2.8%
Increased
58
??EXACT SCIENCES CORPDelisted
Bond
100.3M$173.3M2.6%
2 qtrssince 2019-Q1
Increased
76
155.4M$155.4M2.4%
2 qtrssince 2019-Q1
Unchanged
0
??RINGCENTRAL INCDelisted
Bond
94.3M$141.6M2.2%
Increased
58
??CHEGG INCDelisted
Bond
78.4M$120.1M1.8%
1 qtr
New
69
??TELADOC HEALTH INCDelisted
Bond
69.1M$102.3M1.6%
New
68
??HELLO GROUP INCDelisted
Bond
100.8M$95.7M1.5%
1 qtr
New
68
??WORKDAY INCDelisted
Bond
62.3M$93.4M1.4%
New
68
??EXACT SCIENCES CORPDelisted
Bond
71.2M$89.9M1.4%
2 qtrssince 2019-Q1
Increased
73
??Wayfair IncDelisted
Bond
57.7M$87.2M1.3%
Increased
48
85.1M$85.1M1.3%
2 qtrssince 2019-Q1
Increased
53
??INNOVIVA INCDelisted
Bond
76.4M$84.3M1.3%
2 qtrssince 2019-Q1
Increased
48
$6.6B
AUM
187
Positions
Q2 2019
Filing
Rating · 2.0
Quarterly Portfolio Change
Not enough history yet
Activity profile
$ moved · Q2'19
New58%Increased18%Decreased12%Exited12%
Composition
Equity vs derivatives
Equity98%Puts1%Calls1%
Holding period
Avg <1 quarter
<1Q47%1-4Q52%1-2Y0%2Y+2%

LINDEN ADVISORS LP manages $6.6B across 187 positions as of Q2 2019. Top holdings: MICROCHIP TECHNOLOGY INC. (6.0%), SEA LTD (5.6%), MICROCHIP TECHNOLOGY INC. (5.6%). Fund DNA: Momentum Trader. HoldingsIntel Rating: 2/5.0.

Q2 2019 Summary

Active quarter - 81 new positions, 32 exits, 44 increased. No standout high-conviction moves this quarter. Portfolio: $6.6B across 187 positions.

Top holdings by portfolio weight

Total AUM$6B
MICROCHIP TE6.02%
SEA LTD5.58%
MICROCHIP TE5.57%
TWILIO INC3.88%
TELADOC HEAL3.70%
ALTERYX INC3.12%
HUAZHU GROUP2.89%
SAREPTA THER2.84%
OKTA INC2.82%
EXACT SCIENC2.64%
Other2.37%

Portfolio allocation by GICS sector

Sectors8
Unknown77.95%
Technology5.67%
Consumer Cyclical5.46%
Industrials5.18%
Financial Services2.68%
Real Estate1.62%
Consumer Defensive0.95%
Communication Services0.50%

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
Conviction30
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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