LALINDEN ADVISORS LP

Institutional investor · Portfolio as of Q3 2023

SEC EDGAR SourceSEC Filings

Top Holdings374 positions

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Activity:
Stock
Shares
Value
Weight
Avg Buy
Est. P&L
Held
Conviction
??PDD HOLDINGS INCDelisted
Bond
387.9M$383.1M3.9%
Increased
57
??LI AUTO INCDelisted
Bond
201M$284.5M2.9%
Increased
64
??WOLFSPEED INCDelisted
Bond
263M$283.5M2.9%
Decreased
0
??SEA LTDDelisted
274.6M$262.6M2.7%
Unchanged
0
??MONGODB INCDelisted
Bond
110.9M$189.8M1.9%
Increased
76
??BILL HOLDINGS INCDelisted
Bond
182.5M$183.7M1.9%
Decreased
0
??BILIBILI INCDelisted
Bond
179.5M$178.2M1.8%
14 qtrssince 2020-Q2
Unchanged
0
154.2M$172.8M1.8%
New
70
??LIVONGO HEALTH INCDelisted
Bond
188.1M$172.2M1.8%
Increased
55
??ROYAL CARIBBEAN GROUPDelisted
Bond
86.4M$170.6M1.8%
New
69
??CONFLUENT INCDelisted
Bond
201.9M$165.4M1.7%
Increased
55
214.7M$164.9M1.7%
Increased
56
??H WORLD GROUP LTDDelisted
Bond
112M$129.1M1.3%
Decreased
0
??DAYFORCE INCDelisted
Bond
142.6M$125.9M1.3%
Unchanged
0
??SNAP INC
Bond
177.8M$123.3M1.3%
Increased
55
167.3M$122.5M1.3%
Increased
48
153.9M$117.1M1.2%
Increased
60
130.4M$111.5M1.1%
Increased
48
??LYFT INCDelisted
Bond
119.6M$110.2M1.1%
Increased
47
??SEA LTD
Bond
136.3M$109M1.1%
Increased
48
$9.7B
AUM
374
Positions
Q3 2023
Filing
Rating · 2.0
Quarterly Portfolio Change
-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+2%Q3'23$9.7B
Activity profile
$ moved · Q3'23
New31%Increased23%Decreased20%Exited26%
Composition
Equity vs derivatives
Equity100%Puts0%Calls0%
Holding period
Avg 1.5 years
<1Q8%1-4Q22%1-2Y40%2Y+30%

LINDEN ADVISORS LP manages $9.7B across 374 positions as of Q3 2023. Top holdings: PDD HOLDINGS INC (3.9%), LI AUTO INC (2.9%), WOLFSPEED INC (2.9%). Fund DNA: Momentum Trader. HoldingsIntel Rating: 2/5.0.

Q3 2023 Summary

Active quarter - 48 new positions, 72 exits, 84 increased. No standout high-conviction moves this quarter. Portfolio: $9.7B across 374 positions.

Top holdings by portfolio weight

Total AUM$10B
PDD HOLDINGS3.93%
LI AUTO INC2.92%
WOLFSPEED IN2.91%
SEA LTD2.69%
MONGODB INC1.95%
BILL HOLDING1.88%
BILIBILI INC1.83%
SAREPTA THER1.77%
LIVONGO HEAL1.77%
ROYAL CARIBB1.75%
Other1.70%

Portfolio allocation by GICS sector

Sectors8
Unknown46.47%
Technology25.74%
Financial Services19.09%
Basic Materials4.28%
Consumer Cyclical3.76%
Energy0.61%
Industrials0.04%
Healthcare0.01%

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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