LALINDEN ADVISORS LP

Institutional investor · Portfolio as of Q3 2019

SEC EDGAR SourceSEC Filings

Top Holdings209 positions

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Activity:
Stock
Shares
Value
Weight
Avg Buy
Est. P&L
Held
Conviction
274.6M$522.4M7.1%
3 qtrssince 2019-Q1
Increased
73
319.4M$411.9M5.6%
3 qtrssince 2019-Q1
Increased
63
??MERCADOLIBRE INCDelisted
Bond
268.3M$396.3M5.4%
1 qtr
New
96
??SEA LTDDelisted
Bond
204.1M$355.4M4.8%
2 qtrssince 2019-Q2
Increased
58
??MONGODB INCDelisted
Bond
161.3M$303.5M4.1%
New
86
??TELADOC HEALTH INCDelisted
Bond
145M$248.6M3.4%
Increased
57
??CREE INCDelisted
Bond
191.8M$209.5M2.8%
1 qtr
New
79
??SPLUNK INCDelisted
Bond
182.6M$199.9M2.7%
1 qtr
New
79
??TWILIO INCDelisted
Bond
118.4M$198M2.7%
2 qtrssince 2019-Q2
Decreased
0
??HUAZHU GROUP LTDDelisted
Bond
173.6M$180.6M2.4%
3 qtrssince 2019-Q1
Decreased
0
??EXACT SCIENCES CORPDelisted
Bond
125.8M$177.6M2.4%
3 qtrssince 2019-Q1
Increased
64
??SPLUNK INCDelisted
Bond
152.7M$164.3M2.2%
1 qtr
New
79
140.5M$143.2M1.9%
3 qtrssince 2019-Q1
Decreased
0
??RINGCENTRAL INCDelisted
Bond
79.4M$128.4M1.7%
Decreased
0
??TELADOC HEALTH INCDelisted
Bond
79.9M$119M1.6%
Increased
55
??EXACT SCIENCES CORPDelisted
Bond
108.5M$117.5M1.6%
3 qtrssince 2019-Q1
Increased
66
88.5M$117.1M1.6%
3 qtrssince 2019-Q1
Increased
50
??CHEGG INCDelisted
Bond
90.4M$116.1M1.6%
2 qtrssince 2019-Q2
Increased
54
??INSULET CORPDelisted
Bond
62.5M$115.1M1.6%
Increased
64
??RAPID7 INCDelisted
Bond
70.2M$91.3M1.2%
1 qtr
New
68
$7.4B
AUM
209
Positions
Q3 2019
Filing
Rating · 2.0
Quarterly Portfolio Change
+50%Q2'19$6.6B+13%Q3'19$7.4B
Activity profile
$ moved · Q3'19
New49%Increased14%Decreased8%Exited29%
Composition
Equity vs derivatives
Equity100%Puts0%Calls0%
Holding period
Avg 1.2 quarters
<1Q31%1-4Q67%1-2Y0%2Y+1%

LINDEN ADVISORS LP manages $7.4B across 209 positions as of Q3 2019. Top holdings: MICROCHIP TECHNOLOGY INC. (7.1%), MICROCHIP TECHNOLOGY INC. (5.6%), MERCADOLIBRE INC (5.4%). Fund DNA: Momentum Trader. HoldingsIntel Rating: 2/5.0.

Q3 2019 Summary

Active quarter - 61 new positions, 35 exits, 68 increased. No standout high-conviction moves this quarter. Portfolio: $7.4B across 209 positions.

Top holdings by portfolio weight

Total AUM$7B
MICROCHIP TE7.07%
MICROCHIP TE5.58%
MERCADOLIBRE5.37%
SEA LTD4.81%
MONGODB INC4.11%
TELADOC HEAL3.37%
CREE INC2.84%
SPLUNK INC2.71%
TWILIO INC2.68%
HUAZHU GROUP2.44%
Other2.40%

Portfolio allocation by GICS sector

Sectors7
Unknown76.07%
Financial Services8.78%
Technology6.81%
Consumer Cyclical4.10%
Industrials1.71%
Real Estate1.65%
Consumer Defensive0.87%

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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