$245 Million is the total value of Birch Grove Capital LP's 38 reported holdings in Q1 2022. The portfolio turnover from Q4 2021 to Q1 2022 was 57.4% .
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| Buy | TABULA RASA HEALTHCARE INCnote 1.750% 2/1 | $22,935,000 | -2.6% | 30,377,000 | +7.0% | 9.37% | -12.1% | |
| KAMAN CORPnote 3.250% 5/0 | $17,534,000 | -0.7% | 17,030,000 | 0.0% | 7.16% | -10.4% | ||
| Buy | HERBALIFE LTDnote 2.625% 3/1 | $17,402,000 | +5.0% | 18,538,000 | +12.1% | 7.11% | -5.3% | |
| JAZZ INVESTMENTS I LTDnote 1.500% 8/1 | $16,543,000 | +2.8% | 16,100,000 | 0.0% | 6.76% | -7.2% | ||
| UBER TECHNOLOGIES INCnote 12/1 | $13,888,000 | -9.2% | 15,500,000 | 0.0% | 5.67% | -18.0% | ||
| New | THE REALREAL INCnote 1.000% 3/0 | $13,508,000 | – | 18,218,000 | +100.0% | 5.52% | – | |
| New | ENPHASE ENERGY INCnote 3/0 | $12,939,000 | – | 12,675,000 | +100.0% | 5.29% | – | |
| SPLUNK INCnote 1.125% 6/1 | $12,464,000 | +2.2% | 13,054,000 | 0.0% | 5.09% | -7.7% | ||
| New | SPOTIFY USA INCnote 3/1 | $11,968,000 | – | 14,000,000 | +100.0% | 4.89% | – | |
| New | MAGNITE INCnote 0.250% 3/1 | $11,566,000 | – | 14,500,000 | +100.0% | 4.72% | – | |
| Buy | RINGCENTRAL INCnote 3/1 | $9,073,000 | +69.1% | 11,000,000 | +83.3% | 3.71% | +52.7% | |
| New | STARR GROUP HOLDINGS INC | $8,649,000 | – | 757,412 | +100.0% | 3.53% | – | |
| RADIUS HEALTH INCnote 3.000% 9/0 | $8,031,000 | +1.9% | 8,202,000 | 0.0% | 3.28% | -8.0% | ||
| NUVASIVE INCnote 1.000% 6/0 | $7,991,000 | -0.6% | 8,000,000 | 0.0% | 3.26% | -10.3% | ||
| NOTV | INOTIV INC | $7,752,000 | -37.8% | 296,097 | 0.0% | 3.17% | -43.8% | |
| NUVASIVE INCnote 0.375% 3/1 | $7,607,000 | -0.6% | 8,000,000 | 0.0% | 3.11% | -10.3% | ||
| Buy | KARYOPHARM THERAPEUTICS INCnote 3.000% 10/1 | $7,529,000 | +84.2% | 9,000,000 | +80.0% | 3.08% | +66.2% | |
| SPLUNK INCnote 1.125% 9/1 | $7,215,000 | +8.9% | 6,000,000 | 0.0% | 2.95% | -1.7% | ||
| New | AERIE PHARMACEUTICALS INCnote 1.500% 10/0 | $7,200,000 | – | 8,000,000 | +100.0% | 2.94% | – | |
| DHT | Buy | DHT HOLDINGS INC | $2,891,000 | +59.9% | 498,478 | +43.1% | 1.18% | +44.4% |
| SPR | Sell | SPIRIT AEROSYSTEMS HLDGS INC | $2,822,000 | -6.7% | 57,720 | -17.8% | 1.15% | -15.8% |
| KAMN | Buy | KAMAN CORP | $2,777,000 | +58.6% | 63,874 | +57.4% | 1.14% | +43.1% |
| New | PRECIGEN INCnote 3.500% 7/0 | $2,743,000 | – | 3,500,000 | +100.0% | 1.12% | – | |
| BCO | BRINKS CO | $2,575,000 | +3.7% | 37,873 | 0.0% | 1.05% | -6.4% | |
| OI | Buy | O-I GLASS INC | $2,415,000 | +19.9% | 183,200 | +9.4% | 0.99% | +8.2% |
| EVOLENT HEALTH INCnote 3.500% 10/1 | $1,926,000 | +11.4% | 1,050,000 | 0.0% | 0.79% | +0.5% | ||
| Sell | ALTERYX INCnote 1.000% 8/0 | $1,311,000 | -51.2% | 1,500,000 | -50.0% | 0.54% | -55.9% | |
| IWM | Sell | ISHARES TRput | $856,000 | -7.2% | 161,000 | -18.6% | 0.35% | -16.1% |
| MPLNWS | Buy | MULTIPLAN CORPORATION*w exp 02/13/202 | $827,000 | +761.5% | 235,115 | +213.5% | 0.34% | +686.0% |
| HYG | Buy | ISHARES TRput | $749,000 | +824.7% | 710,000 | +75.1% | 0.31% | +727.0% |
| RDUS | RADIUS HEALTH INC | $446,000 | +27.4% | 50,532 | 0.0% | 0.18% | +15.2% | |
| SLQT | Sell | SELECTQUOTE INC | $239,000 | -84.6% | 85,731 | -49.8% | 0.10% | -86.0% |
| GOCO | Sell | GOHEALTH INC | $186,000 | -84.3% | 157,709 | -49.6% | 0.08% | -85.8% |
| CCVWS | CHURCHILL CAPITAL CORP V*w exp 10/29/202 | $61,000 | -37.8% | 100,000 | 0.0% | 0.02% | -43.2% | |
| CVIIU | Sell | CHURCHILL CAPITAL CORP VIIunit 99/99/9999 | $48,000 | -98.8% | 80,000 | -80.0% | 0.02% | -98.9% |
| CCVIWS | New | CHURCHILL CAPITAL CORP VI*w exp 10/17/202 | $50,000 | – | 80,000 | +100.0% | 0.02% | – |
| SKILWS | SKILLSOFT CORP*w exp 06/11/202 | $39,000 | -38.1% | 33,332 | 0.0% | 0.02% | -44.8% | |
| SPY | New | SPDR S&P 500 ETF TRput | $11,000 | – | 27,000 | +100.0% | 0.00% | – |
| QQQ | Exit | INVESCO QQQ TRput | $0 | – | -91,500 | -100.0% | -0.09% | – |
| Exit | LULUS FASHION LOUNGE HOLDING | $0 | – | -24,000 | -100.0% | -0.11% | – | |
| EHTH | Exit | EHEALTH INC | $0 | – | -9,737 | -100.0% | -0.11% | – |
| Exit | APOLLO COML REAL EST FIN INCnote 5.375% 10/1 | $0 | – | -375,000 | -100.0% | -0.17% | – | |
| MPLN | Exit | MULTIPLAN CORPORATION | $0 | – | -160,115 | -100.0% | -0.32% | – |
| CHX | Exit | CHAMPIONX CORPORATION | $0 | – | -58,850 | -100.0% | -0.54% | – |
| LVS | Exit | LAS VEGAS SANDS CORP | $0 | – | -40,750 | -100.0% | -0.69% | – |
| Exit | ALTERYX INCnote 0.500% 8/0 | $0 | – | -2,000,000 | -100.0% | -0.86% | – | |
| Exit | ZYNGA INCnote 0.250% 6/0 | $0 | – | -2,000,000 | -100.0% | -0.98% | – | |
| Exit | GRANITE PT MTG TR INCnote 6.375% 10/1 | $0 | – | -2,500,000 | -100.0% | -1.16% | – | |
| BMRN | Exit | BIOMARIN PHARMACEUTICAL INC | $0 | – | -30,850 | -100.0% | -1.23% | – |
| Exit | ZYNGA INCnote 12/1 | $0 | – | -3,000,000 | -100.0% | -1.25% | – | |
| Exit | NUTANIX INCnote 1/1 | $0 | – | -3,000,000 | -100.0% | -1.37% | – | |
| Exit | TELADOC HEALTH INCnote 1.250% 6/0 | $0 | – | -4,000,000 | -100.0% | -1.66% | – | |
| CCV | Exit | CHURCHILL CAPITAL CORP V | $0 | – | -400,000 | -100.0% | -1.78% | – |
| CCVIU | Exit | CHURCHILL CAPITAL CORP VIunit 99/99/9999 | $0 | – | -400,000 | -100.0% | -1.80% | – |
| Exit | BLACKSTONE MTG TR INCnote 4.375% 5/0 | $0 | – | -5,700,000 | -100.0% | -2.60% | – | |
| Exit | APOLLO COML REAL EST FIN INCnote 4.750% 8/2 | $0 | – | -6,623,000 | -100.0% | -3.02% | – |
Original filings
The following EDGAR filing(s) were analyzed to create this report:
- View 13F-HR filed 2022-05-17
Top long-term holdings
| Name | Quarters owned | Latest quarter owned | Max weighting |
|---|---|---|---|
| SPDR S&P 500 ETF TRUST | 13 | Q3 2023 | 1.3% |
| GOLAR LNG LTD | 12 | Q4 2020 | 11.3% |
| MULTIPLAN CORPORATION | 12 | Q3 2023 | 0.3% |
| TABULA RASA HEALTHCARE INC | 11 | Q3 2023 | 43.7% |
| JAZZ INVESTMENTS I LTD | 11 | Q3 2023 | 22.4% |
| KAMAN CORP | 11 | Q1 2023 | 9.7% |
| VECTOR GROUP LTD | 10 | Q1 2018 | 28.5% |
| NUANCE COMMUNICATIONS INC | 10 | Q4 2019 | 18.7% |
| JAZZ INVESTMENTS I LTD | 10 | Q1 2020 | 20.9% |
| ALLSCRIPTS HEALTHCARE SOLUTN | 10 | Q3 2019 | 10.8% |
View Birch Grove Capital LP's complete holdings history.
Latest significant ownerships (13-D/G)
| Filed | Shares | Percentage | |
|---|---|---|---|
| Independence Contract Drilling, Inc. | April 17, 2020 | ? | ? |
| Easterly Acquisition Corp. | September 29, 2016 | ? | ? |
View Birch Grove Capital LP's complete significant-ownership history.
Latest filings
| Type | Filed |
|---|---|
| 13F-HR | 2024-02-14 |
| 13F-HR | 2023-11-14 |
| 13F-HR | 2023-08-14 |
| 13F-HR/A | 2023-05-22 |
| 13F-HR/A | 2023-05-22 |
| 13F-HR | 2023-05-15 |
| 13F-HR | 2023-02-14 |
| 13F-HR | 2022-11-14 |
| 13F-HR | 2022-08-15 |
| 13F-HR | 2022-05-17 |
View Birch Grove Capital LP's complete filings history.
All filings
- Holdings (13F-HR)
- Significant ownership (13-D/G)
- Insider transactions (4, 5, 6)
- Events (8-K)
- Shareholder votes (proxy)
View complete filings history.