$256 Million is the total value of Birch Grove Capital LP's 41 reported holdings in Q3 2022. The portfolio turnover from Q2 2022 to Q3 2022 was 24.4% .
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| TABULA RASA HEALTHCARE INCnote 1.750% 2/1 | $25,330,000 | +14.4% | 31,377,000 | 0.0% | 9.89% | +12.4% | ||
| HERBALIFE LTDnote 2.625% 3/1 | $20,492,000 | +2.4% | 22,550,000 | 0.0% | 8.00% | +0.7% | ||
| KAMAN CORPnote 3.250% 5/0 | $16,160,000 | -1.9% | 17,030,000 | 0.0% | 6.31% | -3.6% | ||
| JAZZ INVESTMENTS I LTDnote 1.500% 8/1 | $15,473,000 | -3.2% | 16,100,000 | 0.0% | 6.04% | -4.8% | ||
| Buy | UBER TECHNOLOGIES INCnote 12/1 | $13,694,000 | +6.8% | 16,500,000 | +3.1% | 5.34% | +5.0% | |
| Buy | SPOTIFY USA INCnote 3/1 | $12,962,000 | +16.6% | 16,400,000 | +17.1% | 5.06% | +14.6% | |
| Buy | MITEK SYS INCnote 0.750% 2/0 | $12,788,000 | +4.8% | 15,533,000 | +10.7% | 4.99% | +3.1% | |
| JETBLUE AIRWAYS CORPnote 0.500% 4/0 | $11,908,000 | -3.1% | 16,500,000 | 0.0% | 4.65% | -4.7% | ||
| Buy | MAGNITE INCnote 0.250% 3/1 | $11,781,000 | +9.0% | 15,500,000 | +6.9% | 4.60% | +7.2% | |
| SPLUNK INCnote 1.125% 6/1 | $10,327,000 | -4.7% | 13,054,000 | 0.0% | 4.03% | -6.3% | ||
| THE REALREAL INCnote 1.000% 3/0 | $9,165,000 | -0.8% | 20,218,000 | 0.0% | 3.58% | -2.5% | ||
| Buy | AERIE PHARMACEUTICALS INCnote 1.500% 10/0 | $8,937,000 | +28.3% | 9,100,000 | +12.3% | 3.49% | +26.1% | |
| RINGCENTRAL INCnote 3/1 | $8,515,000 | +2.6% | 11,000,000 | 0.0% | 3.32% | +0.9% | ||
| Buy | KARYOPHARM THERAPEUTICS INCnote 3.000% 10/1 | $8,145,000 | +24.1% | 10,000,000 | +11.1% | 3.18% | +22.0% | |
| NUVASIVE INCnote 1.000% 6/0 | $7,762,000 | +0.3% | 8,000,000 | 0.0% | 3.03% | -1.4% | ||
| Buy | NUVASIVE INCnote 0.375% 3/1 | $7,023,000 | -1.6% | 8,030,000 | +0.4% | 2.74% | -3.2% | |
| QQQ | Buy | INVESCO QQQ TRput | $6,263,000 | +338.6% | 430,000 | +186.7% | 2.44% | +331.0% |
| STARRY GROUP HOLDINGS INC | $6,166,000 | -9.8% | 670,939 | 0.0% | 2.41% | -11.3% | ||
| 1LIFE HEALTHCARE INCnote 3.000% 6/1 | $5,838,000 | +17.1% | 6,000,000 | 0.0% | 2.28% | +15.1% | ||
| NOTV | INOTIV INC | $4,989,000 | +75.5% | 296,097 | 0.0% | 1.95% | +72.5% | |
| HYG | Sell | ISHARES TRput | $4,607,000 | +84.9% | 1,510,500 | -8.5% | 1.80% | +81.8% |
| Buy | PRECIGEN INCnote 3.500% 7/1 | $4,413,000 | +58.6% | 4,500,000 | +28.6% | 1.72% | +55.8% | |
| THE REALREAL INCnote 3.000% 6/1 | $3,095,000 | -0.9% | 5,000,000 | 0.0% | 1.21% | -2.6% | ||
| SPLUNK INCnote 1.125% 9/1 | $2,669,000 | -5.4% | 3,000,000 | 0.0% | 1.04% | -7.0% | ||
| EVOLENT HEALTH INCnote 3.500% 10/1 | $2,158,000 | +15.6% | 1,050,000 | 0.0% | 0.84% | +13.6% | ||
| New | 8X8 INC NEWnote 0.500% 2/0 | $2,109,000 | – | 2,500,000 | +100.0% | 0.82% | – | |
| BCO | BRINKS CO | $1,835,000 | -20.2% | 37,873 | 0.0% | 0.72% | -21.6% | |
| IWM | Sell | ISHARES TRput | $1,818,000 | -19.8% | 300,000 | -25.0% | 0.71% | -21.1% |
| KAMN | KAMAN CORP | $1,784,000 | -10.6% | 63,874 | 0.0% | 0.70% | -12.1% | |
| New | LYFT INCnote 1.500% 5/1 | $1,714,000 | – | 2,000,000 | +100.0% | 0.67% | – | |
| SPR | SPIRIT AEROSYSTEMS HLDGS INC | $1,596,000 | -25.2% | 72,820 | 0.0% | 0.62% | -26.4% | |
| CHX | Buy | CHAMPIONX CORPORATION | $1,514,000 | +21.3% | 77,350 | +23.1% | 0.59% | +19.4% |
| New | OKTA INCnote 0.375% 6/1 | $1,297,000 | – | 1,650,000 | +100.0% | 0.51% | – | |
| New | RINGCENTRAL INCnote 3/0 | $844,000 | – | 1,000,000 | +100.0% | 0.33% | – | |
| MPLN | Buy | MULTIPLAN CORPORATION | $578,000 | -34.2% | 202,115 | +26.2% | 0.23% | -35.2% |
| New | OKTA INCnote 0.125% 9/0 | $420,000 | – | 500,000 | +100.0% | 0.16% | – | |
| MPLNWS | MULTIPLAN CORPORATION*w exp 02/13/202 | $18,000 | -78.3% | 75,000 | 0.0% | 0.01% | -78.8% | |
| CCVIWS | CHURCHILL CAPITAL CORP VI*w exp 10/17/202 | $11,000 | -59.3% | 80,000 | 0.0% | 0.00% | -63.6% | |
| CVIIWS | CHURCHILL CAPITAL CORP VII*w exp 02/29/202 | $11,000 | -60.7% | 80,000 | 0.0% | 0.00% | -63.6% | |
| CCVWS | CHURCHILL CAPITAL CORP V*w exp 10/29/202 | $9,000 | -72.7% | 100,000 | 0.0% | 0.00% | -69.2% | |
| SKILWS | SKILLSOFT CORP*w exp 06/11/202 | $7,000 | -58.8% | 33,332 | 0.0% | 0.00% | -57.1% | |
| ENPH | Exit | ENPHASE ENERGY INCput | $0 | – | -4,500 | -100.0% | -0.04% | – |
| SAVE | Exit | SPIRIT AIRLS INCcall | $0 | – | -100,000 | -100.0% | -0.06% | – |
| DHT | Exit | DHT HOLDINGS INC | $0 | – | -40,978 | -100.0% | -0.10% | – |
| Exit | RADIUS HEALTH INCnote 3.000% 9/0 | $0 | – | -8,202,000 | -100.0% | -3.21% | – | |
| Exit | ENPHASE ENERGY INCnote 3/0 | $0 | – | -12,675,000 | -100.0% | -4.95% | – |
Original filings
The following EDGAR filing(s) were analyzed to create this report:
- View 13F-HR filed 2022-11-14
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.