LALINDEN ADVISORS LP

Institutional investor · Portfolio as of Q2 2023

SEC EDGAR SourceSEC Filings

Top Holdings398 positions

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Activity:
Stock
Shares
Value
Weight
Avg Buy
Est. P&L
Held
Conviction
153.9M$396M4.2%
Decreased
0
??WOLFSPEED INCDelisted
Bond
290.1M$391.8M4.1%
Decreased
0
??PDD HOLDINGS INCDelisted
Bond
386.9M$374.9M3.9%
Increased
57
??SEA LTDDelisted
274.6M$279.3M2.9%
Decreased
0
??LI AUTO INCDelisted
Bond
164M$225.4M2.4%
Decreased
0
??BILL HOLDINGS INCDelisted
Bond
193.1M$202.2M2.1%
Increased
65
??BILIBILI INCDelisted
Bond
179.5M$182.5M1.9%
13 qtrssince 2020-Q2
Increased
51
??H WORLD GROUP LTDDelisted
Bond
134M$151.9M1.6%
Increased
50
??LIVONGO HEALTH INCDelisted
Bond
163.1M$147.7M1.6%
Decreased
0
??CONFLUENT INCDelisted
Bond
175.3M$145.6M1.5%
Increased
64
180.5M$141.5M1.5%
Increased
57
??NIO INCDelisted
Bond
139.8M$133.4M1.4%
Increased
51
164.8M$129.5M1.4%
Increased
61
??EQT CORPDelisted
Bond
45.9M$129.4M1.4%
Decreased
0
??DAYFORCE INCDelisted
Bond
142.6M$126.3M1.3%
Increased
56
??MONGODB INCDelisted
Bond
57.4M$114.2M1.2%
Increased
76
128.9M$112.9M1.2%
Unchanged
0
??DROPBOX INCDelisted
Bond
117.5M$111M1.2%
Unchanged
0
??SNAP INC
Bond
153.3M$109.4M1.1%
Increased
54
??SEA LTD
Bond
133.8M$107.6M1.1%
Increased
52
$9.5B
AUM
398
Positions
Q2 2023
Filing
Rating · 2.0
Quarterly Portfolio Change
-2%Q1'22$15.9B-32%Q2'22$10.9B+0%Q3'22$10.9B-13%Q4'22$9.5B-0%Q1'23$9.5B+0%Q2'23$9.5B
Activity profile
$ moved · Q2'23
New16%Increased33%Decreased18%Exited33%
Composition
Equity vs derivatives
Equity100%Puts0%Calls0%
Holding period
Avg 1.3 years
<1Q5%1-4Q21%1-2Y48%2Y+25%

LINDEN ADVISORS LP manages $9.5B across 398 positions as of Q2 2023. Top holdings: PALO ALTO NETWORKS INC (4.2%), WOLFSPEED INC (4.1%), PDD HOLDINGS INC (3.9%). Fund DNA: Momentum Trader. HoldingsIntel Rating: 2/5.0.

Q2 2023 Summary

Active quarter - 36 new positions, 105 exits, 89 increased. No standout high-conviction moves this quarter. Portfolio: $9.5B across 398 positions.

Top holdings by portfolio weight

Total AUM$10B
PALO ALTO NE4.16%
WOLFSPEED IN4.11%
PDD HOLDINGS3.94%
SEA LTD2.93%
LI AUTO INC2.37%
BILL HOLDING2.12%
BILIBILI INC1.92%
H WORLD GROU1.59%
LIVONGO HEAL1.55%
CONFLUENT IN1.53%
Other1.49%

Portfolio allocation by GICS sector

Sectors6
Unknown61.83%
Financial Services28.70%
Technology8.95%
Energy0.45%
Industrials0.05%
Healthcare0.02%

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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