LALINDEN ADVISORS LP

Institutional investor · Portfolio as of Q4 2019

SEC EDGAR SourceSEC Filings

Top Holdings238 positions

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Activity:
Stock
Shares
Value
Weight
Avg Buy
Est. P&L
Held
Conviction
282.6M$608.5M7.2%
4 qtrssince 2019-Q1
Increased
63
??SEA LTDDelisted
Bond
246.5M$527.6M6.2%
3 qtrssince 2019-Q2
Increased
73
338.4M$482.8M5.7%
4 qtrssince 2019-Q1
Increased
65
??MERCADOLIBRE INCDelisted
Bond
264.4M$395.3M4.7%
2 qtrssince 2019-Q3
Decreased
0
??MONGODB INCDelisted
Bond
153.8M$311.8M3.7%
Decreased
0
??TELADOC HEALTH INCDelisted
Bond
151M$303.8M3.6%
Increased
59
??SPLUNK INCDelisted
Bond
201.9M$249.6M3.0%
2 qtrssince 2019-Q3
Increased
58
??EXACT SCIENCES CORPDelisted
Bond
139.8M$202.1M2.4%
4 qtrssince 2019-Q1
Increased
58
101.5M$197.6M2.3%
4 qtrssince 2019-Q1
Increased
60
??TWILIO INCDelisted
Bond
120.8M$185.1M2.2%
3 qtrssince 2019-Q2
Increased
53
??HUAZHU GROUP LTDDelisted
Bond
163.4M$183.2M2.2%
4 qtrssince 2019-Q1
Decreased
0
??SPLUNK INCDelisted
Bond
150.2M$181M2.1%
2 qtrssince 2019-Q3
Decreased
0
??DEXCOM INCDelisted
Bond
120.4M$178.5M2.1%
1 qtr
New
79
??CHEGG INCDelisted
Bond
108.2M$164.3M1.9%
3 qtrssince 2019-Q2
Increased
57
??EXACT SCIENCES CORPDelisted
Bond
142.4M$161.2M1.9%
4 qtrssince 2019-Q1
Increased
61
??TELADOC HEALTH INCDelisted
Bond
88M$153.2M1.8%
Increased
53
144.2M$145.2M1.7%
4 qtrssince 2019-Q1
Increased
49
??CREE INCDelisted
Bond
136.2M$144.7M1.7%
2 qtrssince 2019-Q3
Decreased
0
??INSULET CORPDelisted
Bond
63.5M$120.9M1.4%
Increased
48
??RAPID7 INCDelisted
Bond
71.7M$106.9M1.3%
2 qtrssince 2019-Q3
Increased
48
$8.4B
AUM
238
Positions
Q4 2019
Filing
Rating · 2.0
Quarterly Portfolio Change
+50%Q2'19$6.6B+13%Q3'19$7.4B+14%Q4'19$8.4B
Activity profile
$ moved · Q4'19
New31%Increased34%Decreased13%Exited22%
Composition
Equity vs derivatives
Equity99%Puts0%Calls0%
Holding period
Avg 1.6 quarters
<1Q31%1-4Q68%1-2Y0%2Y+1%

LINDEN ADVISORS LP manages $8.4B across 238 positions as of Q4 2019. Top holdings: MICROCHIP TECHNOLOGY INC. (7.2%), SEA LTD (6.2%), MICROCHIP TECHNOLOGY INC. (5.7%). Fund DNA: Momentum Trader. HoldingsIntel Rating: 2/5.0.

Q4 2019 Summary

Active quarter - 72 new positions, 44 exits, 82 increased. No standout high-conviction moves this quarter. Portfolio: $8.4B across 238 positions.

Top holdings by portfolio weight

Total AUM$8B
MICROCHIP TE7.20%
SEA LTD6.25%
MICROCHIP TE5.72%
MERCADOLIBRE4.68%
MONGODB INC3.69%
TELADOC HEAL3.60%
SPLUNK INC2.95%
EXACT SCIENC2.39%
SAREPTA THER2.34%
TWILIO INC2.19%
Other2.17%

Portfolio allocation by GICS sector

Sectors10
Unknown71.85%
Financial Services10.73%
Industrials5.92%
Communication Services5.13%
Consumer Cyclical2.36%
Technology2.23%
Real Estate0.95%
Consumer Defensive0.56%
Healthcare0.23%
Energy0.02%

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
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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