LALINDEN ADVISORS LP

Institutional investor · Portfolio as of Q4 2023

SEC EDGAR SourceSEC Filings

Top Holdings332 positions

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Activity:
Stock
Shares
Value
Weight
Avg Buy
Est. P&L
Held
Conviction
??MONGODB INCDelisted
Bond
159M$314.4M3.0%
Increased
71
??LI AUTO INCDelisted
Bond
205M$300.1M2.9%
Increased
54
??SEA LTDDelisted
276.5M$264M2.5%
Increased
53
69.1M$251.3M2.4%
Increased
85
??ROYAL CARIBBEAN GROUPDelisted
Bond
86.4M$230.2M2.2%
Unchanged
0
??BILL HOLDINGS INCDelisted
Bond
211.9M$199.3M1.9%
Increased
56
??BILIBILI INCDelisted
Bond
180.2M$177.8M1.7%
15 qtrssince 2020-Q2
Increased
48
??LIVONGO HEALTH INCDelisted
Bond
187.1M$175.3M1.7%
Decreased
0
??CONFLUENT INCDelisted
Bond
205.2M$171.6M1.6%
Increased
49
165.2M$167.5M1.6%
Increased
51
??WOLFSPEED INCDelisted
Bond
136.8M$156.3M1.5%
Decreased
0
??SNAP INC
Bond
183.2M$144.4M1.4%
Increased
49
171.8M$139.1M1.3%
Increased
53
??SEA LTD
Bond
160.5M$132.4M1.3%
Increased
56
167.3M$132.3M1.3%
Unchanged
0
145.9M$131.6M1.3%
Increased
53
143.2M$127.4M1.2%
New
69
??DAYFORCE INCDelisted
Bond
141.1M$127.1M1.2%
Decreased
0
153.7M$127.1M1.2%
Decreased
0
??LYFT INCDelisted
Bond
119.6M$113.9M1.1%
Increased
47
$10.5B
AUM
332
Positions
Q4 2023
Filing
Rating · 2.0
Quarterly Portfolio Change
+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+8%Q4'23$10.5B
Activity profile
$ moved · Q4'23
New19%Increased40%Decreased27%Exited14%
Composition
Equity vs derivatives
Equity100%Puts0%Calls0%
Holding period
Avg 1.5 years
<1Q9%1-4Q20%1-2Y39%2Y+31%

LINDEN ADVISORS LP manages $10.5B across 332 positions as of Q4 2023. Top holdings: MONGODB INC (3.0%), LI AUTO INC (2.9%), SEA LTD (2.5%). Fund DNA: Momentum Trader. HoldingsIntel Rating: 2/5.0.

Q4 2023 Summary

Active quarter - 36 new positions, 78 exits, 87 increased. No standout high-conviction moves this quarter. Portfolio: $10.5B across 332 positions.

Top holdings by portfolio weight

Total AUM$11B
MONGODB INC2.99%
LI AUTO INC2.86%
SEA LTD2.51%
UNITED STATE2.39%
ROYAL CARIBB2.19%
BILL HOLDING1.90%
BILIBILI INC1.69%
LIVONGO HEAL1.67%
CONFLUENT IN1.63%
SAREPTA THER1.59%
Other1.49%

Portfolio allocation by GICS sector

Sectors8
Unknown41.55%
Financial Services28.89%
Technology19.58%
Basic Materials8.00%
Industrials1.00%
Energy0.73%
Utilities0.17%
Healthcare0.09%

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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