$110 Million is the total value of Birch Grove Capital LP's 18 reported holdings in Q1 2023. The portfolio turnover from Q4 2022 to Q1 2023 was 54.3% .
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| Sell | TABULA RASA HEALTHCARE INCnote 1.750% 2/1 | $20,977,435 | -14.7% | 25,576,000 | -17.2% | 19.00% | +55.9% | |
| JAZZ INVESTMENTS I LTDnote 1.500% 8/1 | $15,573,417 | -2.3% | 16,100,000 | 0.0% | 14.11% | +78.6% | ||
| JETBLUE AIRWAYS CORPnote 0.500% 4/0 | $13,426,313 | +6.0% | 17,250,000 | 0.0% | 12.16% | +93.6% | ||
| MITEK SYS INCnote 0.750% 2/0 | $13,425,551 | -0.1% | 16,216,000 | 0.0% | 12.16% | +82.6% | ||
| SPLUNK INCnote 1.125% 6/1 | $11,201,990 | +0.9% | 13,054,000 | 0.0% | 10.15% | +84.3% | ||
| KARYOPHARM THERAPEUTICS INCnote 3.000% 10/1 | $7,819,180 | +0.9% | 10,000,000 | 0.0% | 7.08% | +84.4% | ||
| Sell | KAMAN CORPnote 3.250% 5/0 | $7,304,969 | -54.3% | 7,725,000 | -54.6% | 6.62% | -16.5% | |
| THE REALREAL INCnote 1.000% 3/0 | $6,874,120 | -15.6% | 20,218,000 | 0.0% | 6.23% | +54.2% | ||
| Sell | MAGNITE INCnote 0.250% 3/1 | $4,025,000 | -66.4% | 5,000,000 | -67.7% | 3.65% | -38.7% | |
| 8X8 INC NEWnote 0.500% 2/0 | $3,225,810 | +2.1% | 3,500,000 | 0.0% | 2.92% | +86.7% | ||
| SPLUNK INCnote 1.125% 9/1 | $2,910,000 | +2.3% | 3,000,000 | 0.0% | 2.64% | +87.0% | ||
| NOTV | INOTIV INC | $2,146,703 | +46.8% | 296,097 | 0.0% | 1.94% | +168.1% | |
| SPY | New | SPDR S&P 500 ETF TRput | $1,448,921 | – | 2,265 | +100.0% | 1.31% | – |
| CCVWS | CHURCHILL CAPITAL CORP V*w exp 10/29/202 | $15,000 | +650.0% | 100,000 | 0.0% | 0.01% | +1300.0% | |
| CVIIWS | CHURCHILL CAPITAL CORP VII*w exp 02/29/202 | $9,800 | +270.7% | 80,000 | 0.0% | 0.01% | +800.0% | |
| CCVIWS | CHURCHILL CAPITAL CORP VI*w exp 02/17/202 | $9,036 | +58.9% | 80,000 | 0.0% | 0.01% | +166.7% | |
| MPLNWS | MULTIPLAN CORPORATION*w exp 02/13/202 | $6,750 | +80.0% | 75,000 | 0.0% | 0.01% | +200.0% | |
| SKILWS | SKILLSOFT CORP*w exp 06/11/202 | $5,746 | +35.8% | 33,332 | 0.0% | 0.01% | +150.0% | |
| MPLN | Exit | MULTIPLAN CORPORATION | $0 | – | -202,115 | -100.0% | -0.12% | – |
| IWM | Exit | ISHARES TRput | $0 | – | -155,000 | -100.0% | -0.19% | – |
| HYG | Exit | ISHARES TRput | $0 | – | -800,000 | -100.0% | -0.22% | – |
| Exit | RINGCENTRAL INCnote 3/0 | $0 | – | -1,000,000 | -100.0% | -0.43% | – | |
| KAMN | Exit | KAMAN CORP | $0 | – | -46,124 | -100.0% | -0.51% | – |
| QQQ | Exit | INVESCO QQQ TRput | $0 | – | -175,000 | -100.0% | -0.54% | – |
| Exit | OKTA INCnote 0.125% 9/0 | $0 | – | -1,500,000 | -100.0% | -0.66% | – | |
| Exit | OKTA INCnote 0.375% 9/0 | $0 | – | -2,150,000 | -100.0% | -0.90% | – | |
| BCO | Exit | BRINKS CO | $0 | – | -37,873 | -100.0% | -1.01% | – |
| SPR | Exit | SPIRIT AEROSYSTEMS HLDGS INC | $0 | – | -72,820 | -100.0% | -1.07% | – |
| Exit | LYFT INCnote 1.500% 5/1 | $0 | – | -3,500,000 | -100.0% | -1.53% | – | |
| Exit | THE REALREAL INCnote 3.000% 6/1 | $0 | – | -5,000,000 | -100.0% | -1.54% | – | |
| Exit | NUVASIVE INCnote 1.000% 6/0 | $0 | – | -4,500,000 | -100.0% | -2.18% | – | |
| Exit | NUVASIVE INCnote 0.375% 3/1 | $0 | – | -8,030,000 | -100.0% | -3.48% | – | |
| Exit | HERBALIFE NUTRITION LTDnote 2.625% 3/1 | $0 | – | -8,410,000 | -100.0% | -3.85% | – | |
| Exit | RINGCENTRAL INCnote 3/1 | $0 | – | -11,000,000 | -100.0% | -4.29% | – | |
| Exit | SPOTIFY USA INCnote 3/1 | $0 | – | -16,400,000 | -100.0% | -6.57% | – | |
| Exit | UBER TECHNOLOGIES INCnote 12/1 | $0 | – | -16,500,000 | -100.0% | -6.92% | – |
Original filings
The following EDGAR filing(s) were analyzed to create this report:
Signatures
The EDGAR filing(s) were signed by:
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.