LALINDEN ADVISORS LP

Institutional investor · Portfolio as of Q3 2022

SEC EDGAR SourceSEC Filings

Top Holdings695 positions

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Activity:
Stock
Shares
Value
Weight
Avg Buy
Est. P&L
Held
Conviction
??WOLFSPEED INCDelisted
Bond
320.1M$725.3M6.6%
Increased
70
399.4M$675.8M6.2%
Decreased
0
??SEA LTDDelisted
408.6M$412.2M3.8%
Decreased
0
??BILIBILI INCDelisted
Bond
359.5M$334.9M3.1%
Increased
57
??PDD HOLDINGS INCDelisted
Bond
360.4M$326.8M3.0%
Increased
53
??SEA LTDDelisted
Bond
399.5M$278.1M2.5%
Increased
53
??EQT CORPDelisted
Bond
94M$260.8M2.4%
Increased
61
??LI AUTO INCDelisted
Bond
226M$234.6M2.1%
Increased
59
??BILL HOLDINGS INCDelisted
Bond
206.7M$227.6M2.1%
Increased
63
161.2M$226.4M2.1%
10 qtrssince 2020-Q2
Decreased
0
??DATADOG INCDelisted
Bond
172M$205.1M1.9%
Increased
49
??OKTA INCDelisted
Bond
239.3M$187.4M1.7%
Increased
51
174.2M$180.3M1.6%
New
70
??EXACT SCIENCES CORPDelisted
Bond
272.5M$175.5M1.6%
11 qtrssince 2020-Q1
Increased
49
??LIVONGO HEALTH INCDelisted
Bond
204.4M$171.2M1.6%
Increased
48
??H WORLD GROUP LTDDelisted
Bond
138.6M$152.8M1.4%
Increased
48
??BILIBILI INCDelisted
Bond
157.6M$146M1.3%
10 qtrssince 2020-Q2
Increased
48
??BLACKLINE INCDelisted
Bond
152.7M$124.2M1.1%
Decreased
0
??JOYY INCDelisted
Bond
131.7M$122.8M1.1%
10 qtrssince 2020-Q2
Increased
48
??RAPID7 INCDelisted
Bond
133.8M$102M0.9%
Increased
49
$10.9B
AUM
695
Positions
Q3 2022
Filing
Rating · 2.0
Quarterly Portfolio Change
+40%Q2'21$18.9B-10%Q3'21$17B-4%Q4'21$16.4B-2%Q1'22$15.9B-32%Q2'22$10.9B+0%Q3'22$10.9B
Activity profile
$ moved · Q3'22
New23%Increased35%Decreased24%Exited17%
Composition
Equity vs derivatives
Equity100%Puts0%Calls0%
Holding period
Avg 3.8 quarters
<1Q4%1-4Q49%1-2Y40%2Y+7%

LINDEN ADVISORS LP manages $10.9B across 695 positions as of Q3 2022. Top holdings: WOLFSPEED INC (6.6%), PALO ALTO NETWORKS INC (6.2%), SEA LTD (3.8%). Fund DNA: Momentum Trader. HoldingsIntel Rating: 2/5.0.

Q3 2022 Summary

Active quarter - 31 new positions, 63 exits, 55 increased. No standout high-conviction moves this quarter. Portfolio: $10.9B across 695 positions.

Top holdings by portfolio weight

Total AUM$11B
WOLFSPEED IN6.63%
PALO ALTO NE6.18%
SEA LTD3.77%
BILIBILI INC3.06%
PDD HOLDINGS2.99%
SEA LTD2.54%
EQT CORP2.38%
LI AUTO INC2.14%
BILL HOLDING2.08%
PENN ENTERTA2.07%
Other1.88%

Portfolio allocation by GICS sector

Sectors6
Unknown81.49%
Financial Services15.26%
Real Estate1.14%
Technology0.99%
Consumer Cyclical0.61%
Healthcare0.52%

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 RecordNo data
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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