Cheyne Capital Management (UK) LLP Quarterly 13F Holdings Update

CIK: 0001390457

Sector-focusedConcentrated strategyLong-term holder

Total reported value

$27.9M

Reporting period: 2023-12-31 · Number of holdings: 15

Cheyne Capital Management (UK) LLP disclosed 15 holdings in its latest 13F filing for the period ending 2023-12-31, with total reported value of $27.9M and a quarterly turnover rate of 0.0%.

Browse other institutions with under $100M AUM Browse other institutions starting with "C"

Personality snowflake

Concentration: 86.4
Portfolio Stability: 0
Momentum/Contrarian: 50
Sector conviction: 100
Diversification: 30
Sizing Uniformity: 84.51

Cheyne Capital Management (UK) LLP's disclosed holdings carry a Herfindahl concentration index of 0.216 — mathematically equivalent to about 5 equally-sized positions, well below its 15 actual disclosed holdings. That gap points to a strategy built around a small core of high-conviction bets rather than broad diversification.

Position sizes vary widely across the portfolio (a coefficient of variation of 1.55), with a handful of outsized bets alongside many smaller positions.

No strong tilt toward either adding to existing winners or initiating outsized new positions was observed in the latest reported quarter.

Recent moves

No holding changes this quarter

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

#	Ticker	Issuer	Asset Subclass	Weight	Weight Change	Shares Change
1	LLY	Eli Lilly & Co	Stock-Healthcare	42.18%	—	+6.24%
2	ABX	Barrick Gold CORP	Stock-Financials	12.99%	—	—
3	SU	Suncor Energy INC	Stock-Energy	8.11%	—	+52.22%
4	CVE	Cenovus Energy INC	Stock-Energy	5.84%	—	+84.18%
5	OXY	Occidental Petroleum CORP	Stock-Energy	5.73%	—	-50.00%
6	NE	Noble Corporation plc	Stock-Energy	4.15%	—	—
7	KMI	Kinder Morgan INC	Stock-Energy	3.80%	—	—
8	CRC	California Resources CORP	Stock-Energy	3.69%	—	—
9	EWZ	Ishares Msci Brazil ETF	ETF-Other	3.45%	—	—
10	AEM	Agnico Eagle Mines LTD	Stock-Materials	3.23%	—	—
11	OXY-WS	Occidental Petroleum-cw27	Stock-Other	2.17%	—	—
12	PAAS	Pan American Silver CORP	Stock-Materials	1.81%	—	—
13	KR	Kroger Co	Stock-Consumer Staples	1.81%	—	—
14	WBD	Warner Bros Discovery INC	Stock-Comm Services	0.61%	—	—
15	BIRDGBP	Allbirds Inc-cl A	Stock-Other	0.44%	—	—

Portfolio Performance

Performance for Q3 2026

—

Performance Last 4 Quarters

—

Based on 47% of reported portfolio value with available pricing

Stdev: +29.4%
Beta: +0.95
Alpha: +2.3%
Max Drawdown: -6.4%
Annualized Perf: +20.4%
Batting Avg vs S&P: +28.6%
Sortino: +1.79
Stutzer: +0.25
Treynor: +0.23
Sterling: —
Calmar: +3.19
Information Ratio: +0.05
Tracking Error: +24.7%
Stdev Down: +12.4%
Winning Months %: +57.1%
Losing Months %: +42.9%
Best 12 Months: —
Worst 12 Months: —
Efficiency Ratio: +0.29
Sharpe: +0.75
Stdev Sectors: +16.8%
Skewness: +0.97
Kurtosis: +0.19
Upside Potential: +3.66

Reported value over time

Sector allocation

Sector allocation over time

Quarterly history

Period	Holdings	Total value	Stability	Top holdings
2023-12-31	15	$27.9M	0	1LLY 2ABX 3SU Top holdings2023-12-31 1.LLY 2.ABX 3.SU 4.CVE 5.OXY 6.NE 7.KMI 8.CRC 9.EWZ 10.AEM
2023-09-30	24	$34.7M	0	1LLY 2S 3OXY Top holdings2023-09-30 1.LLY 2.S 3.OXY 4.ABX 5.SU 6.NE 7.CVE 8.CRC 9.KMI 10.IQV
2023-06-30	19	$27.1M	0	1LLY 2OXY 3SE Top holdings2023-06-30 1.LLY 2.OXY 3.SE 4.S 5.FTCHQ 6.SU 7.NE 8.IQV 9.KMI 10.EWZ
2023-03-31	22	$31.5M	0	1LLY 2SE 3ABX Top holdings2023-03-31 1.LLY 2.SE 3.ABX 4.OXY 5.HCP2EUR 6.63884N 7.SU 8.NE 9.TECK 10.CVE
2022-12-31	59	$57.2M	0	1ATVIEUR 2EXE 3ABX Top holdings2022-12-31 1.ATVIEUR 2.EXE 3.ABX 4.RDNT 5.OXY 6.FTCHQ 7.XENE 8.SU 9.75382E 10.MSOS
2022-09-30	35	$46.8M	0	1ATVIEUR 2SWCHEUR 3FTCHQ Top holdings2022-09-30 1.ATVIEUR 2.SWCHEUR 3.FTCHQ 4.EXE 5.ABX 6.RDNT 7.MSOS 8.BILL 9.CRWD 10.OXY
2022-06-30	108	$118.4M	0	1OIH 2XLE 3SLB Top holdings2022-06-30 1.OIH 2.XLE 3.SLB 4.EXE 5.ATVIEUR 6.VG1EUR 7.SWCHEUR 8.GLD 9.ABX 10.AKAM 0.375 09-01-27
2022-03-31	142	$158.9M	0	1GLD 2OIH 3CCJ Top holdings2022-03-31 1.GLD 2.OIH 3.CCJ 4.AKAM 0.375 09-01-27 5.ABX 6.EXE 7.META 8.F 0 03-15-26 9.MSOS 10.RNG 0 03-01-25
2021-12-31	125	$153.5M	0	1TASK 2META 3FTCHQ Top holdings2021-12-31 1.TASK 2.META 3.FTCHQ 4.AKAM 0.375 09-01-27 5.MSOS 6.RNG 0 03-01-25 7.GLD 8.RDNT 9.ABX 10.NRG 2.75 06-01-48
2021-09-30	112	$168.0M	0	1FTCHQ 2SE 3RBLX Top holdings2021-09-30 1.FTCHQ 2.SE 3.RBLX 4.TSM 5.233278 6.MSOS 7.AKAM 0.375 09-01-27 8.RDNT 9.RNG 0 03-01-25 10.PDD 0 12-01-25
2021-06-30	114	$219.7M	84	1BABA 2FTCHQ 3MSOS Top holdings2021-06-30 1.BABA 2.FTCHQ 3.MSOS 4.RBLX 5.233278 6.KLR1USD 7.AKAM 0.375 09-01-27 8.RNG 0 03-01-25 9.PANW 0.75 07-01-23 10.PDD 0 12-01-25
2021-03-31	100	$157.8M	100	1MSOS22332783AKAM 0.375 09-01-27 Top holdings2021-03-31 1.MSOS 2.233278 3.AKAM 0.375 09-01-27 4.FSLY 5.ABX 6.PANW 0.75 07-01-23 7.CRWD 8.NRG 2.75 06-01-48 9.ARCC 3.75 02-01-22 10.U
2020-12-31	88	$197.7M	87	1YUMC 2SE 3EMLC Top holdings2020-12-31 1.YUMC 2.SE 3.EMLC 4.GLD 5.NUANEUR 6.PANW 0.75 07-01-23 7.SLV 8.AKAM 0.375 09-01-27 9.SONO 10.EWZ
2020-09-30	57	$202.6M	76	1YUMC 2SE 3GLD Top holdings2020-09-30 1.YUMC 2.SE 3.GLD 4.AMZN 5.FTCHQ 6.NUANEUR 7.DELL 8.WMG 9.JD 10.AKAM 0.375 09-01-27
2020-06-30	46	$148.0M	79	1SE 2GDX 3AMZN Top holdings2020-06-30 1.SE 2.GDX 3.AMZN 4.GLD 5.FTCHQ 6.WMG 7.BILL 8.MBTGBP 9.ARCC 3.75 02-01-22 10.TWTR 0.25 06-15-24
2020-03-31	40	$97.1M	97	1GLD 2SE 3MNDT 0.875 06-01-24 Top holdings2020-03-31 1.GLD 2.SE 3.MNDT 0.875 06-01-24 4.AMZN 5.SPLK 0.5 09-15-23 6.BABA 7.NRG 2.75 06-01-48 8.ARCC 3.75 02-01-22 9.CVNA 10.MBTGBP
2019-12-31	43	$165.0M	51	1EEM 2SPLK 0.5 09-15-23 3BABA Top holdings2019-12-31 1.EEM 2.SPLK 0.5 09-15-23 3.BABA 4.BKNG 0.9 09-15-21 5.SE 6.RDNT 7.MNDT 0.875 06-01-24 8.PANW 0.75 07-01-23 9.TWTR 0.25 06-15-24 10.CVNA
2019-09-30	40	$158.4M	56	1TWTR 0.25 06-15-24 2SPLK 0.5 09-15-23 3BKNG 0.9 09-15-21 Top holdings2019-09-30 1.TWTR 0.25 06-15-24 2.SPLK 0.5 09-15-23 3.BKNG 0.9 09-15-21 4.VGR V1.75 04-15-20 5.RDNT 6.FWONK 1 01-30-23 7.MNDT 0.875 06-01-24 8.PANW 0.75 07-01-23 9.GDX 10.GOOGL
2019-06-30	42	$137.8M	78	1TWTR 0.25 06-15-24 2AKAM 0.125 05-01-25 3BKNG 0.9 09-15-21 Top holdings2019-06-30 1.TWTR 0.25 06-15-24 2.AKAM 0.125 05-01-25 3.BKNG 0.9 09-15-21 4.RDNT 5.VGR V1.75 04-15-20 6.LYV 2.5 03-15-23 7.GOOGL 8.MNDT 0.875 06-01-24 9.FWONK 1 01-30-23 10.NRG 2.75 06-01-48
2019-03-31	35	$107.0M	57	1CVNA 2NXPI 1 12-01-19 3BKNG 0.9 09-15-21 Top holdings2019-03-31 1.CVNA 2.NXPI 1 12-01-19 3.BKNG 0.9 09-15-21 4.VGR V1.75 04-15-20 5.NTNX 0 01-15-23 6.LYV 2.5 03-15-23 7.FWONK 1 01-30-23 8.RDNT 9.EFII 0.75 09-01-19 10.SRC 3.75 05-15-21
2018-12-31	35	$105.8M	58	1NXPI 1 12-01-19 2GWRE 1.25 03-15-25 3VGR V1.75 04-15-20 Top holdings2018-12-31 1.NXPI 1 12-01-19 2.GWRE 1.25 03-15-25 3.VGR V1.75 04-15-20 4.FWONK 1 01-30-23 5.CVNA 6.SRC 3.75 05-15-21 7.BKNG 0.9 09-15-21 8.DY 0.75 09-15-21 9.EFII 0.75 09-01-19 10.ARCC 3.75 02-01-22
2018-09-30	41	$168.3M	27	1NXPI 1 12-01-19 2CVNA 3AKAM 0 02-15-19 Top holdings2018-09-30 1.NXPI 1 12-01-19 2.CVNA 3.AKAM 0 02-15-19 4.GTT1USD 5.GWRE 1.25 03-15-25 6.JAZZ 1.875 08-15-21 7.VGR V1.75 04-15-20 8.FWONK 1 01-30-23 9.RDNT 10.ILMN 0 06-15-19
2018-06-30	34	$140.4M	100	1NXPI 1 12-01-19 2AKAM 0 02-15-19 3JAZZ 1.875 08-15-21 Top holdings2018-06-30 1.NXPI 1 12-01-19 2.AKAM 0 02-15-19 3.JAZZ 1.875 08-15-21 4.CVNA 5.ILMN 0 06-15-19 6.VGR V1.75 04-15-20 7.FWONK 1 01-30-23 8.GTT1USD 9.WMGI 2 02-15-20 10.BKNG 0.9 09-15-21
2018-03-31	34	$221.2M	54	161166W2TWXCHF 3IACIEUR Top holdings2018-03-31 1.61166W 2.TWXCHF 3.IACIEUR 4.TRCO 5.ROK 6.DISCKUSD 7.AKAM 0 02-15-19 8.IBB 9.VGR V1.75 04-15-20 10.ILMN 0 06-15-19
2017-12-31	36	$229.7M	82	161166W2TWXCHF 3DISCKUSD Top holdings2017-12-31 1.61166W 2.TWXCHF 3.DISCKUSD 4.TRCO 5.IACIEUR 6.AKRXEUR 7.131347 8.ILMN 0 06-15-19 9.BKNG 0.9 09-15-21 10.NXPI 1 12-01-19
2017-09-30	46	$277.1M	100	161166W2DELL 3RICEEUR Top holdings2017-09-30 1.61166W 2.DELL 3.RICEEUR 4.TWXCHF 5.SNI 6.52729N 7.TRCO 8.AKRXEUR 9.KRG 10.BBL
2017-06-30	45	$260.2M	100	101449J2REYN361166W Top holdings2017-06-30 1.01449J 2.REYN 3.61166W 4.52729N 5.111621 6.BHP 7.01449J 8.ELV 2.75 10-15-42 9.INTC 3.25 08-01-39 10.BKNG 0.9 09-15-21
2017-03-31	33	$264.7M	57	101449J2REYN3966244 Top holdings2017-03-31 1.01449J 2.REYN 3.966244 4.582839 5.DELL 6.XXI 7.111621 8.BBL 9.JAAA 10.LBTYA
2016-12-31	28	$177.9M	100	101449J29662443DELL Top holdings2016-12-31 1.01449J 2.966244 3.DELL 4.XXI 5.BBL 6.REYN 7.LBRDA 8.SYTUSD 9.ADMSEUR 10.RDNT
2016-09-30	31	$166.3M	100	101449J253578A361166W Top holdings2016-09-30 1.01449J 2.53578A 3.61166W 4.BBL 5.SYTUSD 6.DELL 7.LBTYA 8.LBRDA 9.CENTA 10.RDNT
2016-06-30	25	$124.2M	100	1268648201449J3BBL Top holdings2016-06-30 1.268648 2.01449J 3.BBL 4.LBTYA 5.SYTUSD 6.LIVN 7.TEVA 8.ADMSEUR 9.761283 10.APO
2016-03-31	31	$301.8M	100	10495132CVCEUR301449J Top holdings2016-03-31 1.049513 2.CVCEUR 3.01449J 4.268648 5.98742U 6.JAHEUR 7.SNDK 8.13342B 9.LIVN 10.BBL
2015-12-31	33	$184.8M	100	10495132CVCEUR3740189 Top holdings2015-12-31 1.049513 2.CVCEUR 3.740189 4.LIVN 5.268648 6.05545E 7.26746E 8.LNKD 0.5 11-01-19 9.KMI 10.CTXS 0.5 04-15-19
2015-09-30	41	$213.2M	100	1SUN2232820386272T Top holdings2015-09-30 1.SUN 2.232820 3.86272T 4.CVCEUR 5.740189 6.021441 7.HD 8.SNDK 1.5 08-15-17 9.CLVS 2.5 09-15-21 10.CTXS 0.5 04-15-19
2015-06-30	82	$309.2M	100	125490A273179V3148887 Top holdings2015-06-30 1.25490A 2.73179V 3.148887 4.441060 5.021441 6.686164 7.23251P 8.ODPEUR 9.ICPTUSD 10.NKTREUR
2015-03-31	64	$414.8M	87	125490A287264S3441060 Top holdings2015-03-31 1.25490A 2.87264S 3.441060 4.716933 5.DRCEUR 6.768573 7.LTH 8.826552 9.88732J 10.ICPTUSD
2014-12-31	56	$380.3M	100	125490A2DRCEUR3229678 Top holdings2014-12-31 1.25490A 2.DRCEUR 3.229678 4.87264S 5.14170T 6.460254 7.826552 8.88732J 9.ALLY 10.INFIQ
2014-09-30	49	$280.5M	100	182481R2DRCEUR3826552 Top holdings2014-09-30 1.82481R 2.DRCEUR 3.826552 4.FSTR 5.25490A 6.88732J 7.BSBR 8.TMUS 9.ALLY 10.BKNG 0.35 06-15-20
2014-06-30	53	$86.4M	100	1BSBR 2ALLY3670851 Top holdings2014-06-30 1.BSBR 2.ALLY 3.670851 4.VER 3.75 12-15-20 5.EXE 2.75 11-15-35 6.670851 7.AAPL 8.HMHCUSD 9.DAL 10.TSLA 0.25 03-01-19
2014-03-31	59	$104.3M	100	1043136200430U3BEAM Top holdings2014-03-31 1.043136 2.00430U 3.BEAM 4.02341W 5.VER 3.75 12-15-20 6.NUS 7.ATI 4.25 06-01-14 8.KMI 9.SMHC 10.OCN2EUR
2013-12-31	56	$92.6M	100	183438K2BN3580645 Top holdings2013-12-31 1.83438K 2.BN 3.580645 4.22149T 5.TSEM 6.JCPCHF 7.802817 8.ULTA 9.DAL 10.GOOG
2013-09-30	47	$132.1M	100	1ELAN2486587379277W Top holdings2013-09-30 1.ELAN 2.486587 3.79277W 4.771497 5.080555 6.DOLE 7.83616T 8.NUANEUR 9.580645 10.ISRG
2013-06-30	52	$151.5M	0	1DELL273930R3263751 Top holdings2013-06-30 1.DELL 2.73930R 3.263751 4.ELAN 5.64118V 6.805551 7.781295 8.30064K 9.580645 10.327441

Holding changes this quarter

Position changes disclosed by Cheyne Capital Management (UK) LLP for the quarter ending 2023-12-31, including ticker, issuer, weight change, shares change, and action
#	Ticker	Issuer	Weight Change	Shares Change	Action

Filing History

Period	Filed	Type	EDGAR
2023-12-31	2024-02-12	13F-HR	View on EDGAR
2023-09-30	2023-10-27	13F-HR	View on EDGAR
2023-06-30	2023-07-14	13F-HR	View on EDGAR
2023-03-31	2023-05-03	13F-HR	View on EDGAR
2022-12-31	2023-02-10	13F-HR	View on EDGAR
2022-09-30	2022-11-10	Amendment	View on EDGAR
2022-09-30	2022-11-09	13F-HR	View on EDGAR
2022-06-30	2022-08-05	13F-HR	View on EDGAR
2022-03-31	2022-05-10	13F-HR	View on EDGAR
2021-12-31	2022-01-26	13F-HR	View on EDGAR
2021-09-30	2021-11-12	13F-HR	View on EDGAR
2021-06-30	2021-08-12	13F-HR	View on EDGAR
2021-03-31	2021-05-14	13F-HR	View on EDGAR
2020-12-31	2021-02-10	13F-HR	View on EDGAR
2020-09-30	2020-11-16	13F-HR	View on EDGAR
2020-06-30	2020-08-12	13F-HR	View on EDGAR
2020-03-31	2020-05-07	13F-HR	View on EDGAR
2019-12-31	2020-02-12	13F-HR	View on EDGAR
2019-09-30	2019-11-12	13F-HR	View on EDGAR
2019-06-30	2019-08-08	13F-HR	View on EDGAR
2019-03-31	2019-05-10	13F-HR	View on EDGAR
2018-12-31	2019-02-05	13F-HR	View on EDGAR
2018-09-30	2018-12-21	Amendment	View on EDGAR
2018-09-30	2018-11-05	13F-HR	View on EDGAR
2018-06-30	2018-08-02	13F-HR	View on EDGAR
2018-03-31	2018-05-10	13F-HR	View on EDGAR
2017-12-31	2018-02-08	13F-HR	View on EDGAR
2017-09-30	2017-11-08	Amendment	View on EDGAR
2017-09-30	2017-11-07	13F-HR	View on EDGAR
2017-06-30	2017-07-26	13F-HR	View on EDGAR
2017-03-31	2017-05-09	13F-HR	View on EDGAR
2016-12-31	2017-01-25	13F-HR	View on EDGAR
2016-09-30	2016-10-24	13F-HR	View on EDGAR
2016-06-30	2016-07-27	13F-HR	View on EDGAR
2016-03-31	2016-04-18	13F-HR	View on EDGAR
2015-12-31	2016-01-15	13F-HR	View on EDGAR
2015-09-30	2015-10-19	13F-HR	View on EDGAR
2015-06-30	2015-08-11	13F-HR	View on EDGAR
2015-03-31	2015-05-11	13F-HR	View on EDGAR
2014-12-31	2015-02-11	13F-HR	View on EDGAR
2014-09-30	2014-11-04	13F-HR	View on EDGAR
2014-06-30	2014-08-12	13F-HR	View on EDGAR
2014-03-31	2014-05-14	13F-HR	View on EDGAR
2013-12-31	2014-02-12	13F-HR	View on EDGAR
2013-09-30	2013-11-13	13F-HR	View on EDGAR
2013-06-30	2013-08-14	13F-HR	View on EDGAR

FAQ

What is Cheyne Capital Management (UK) LLP and what type of investor is it?

Cheyne Capital Management (UK) LLP is a investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2023-12-31), the firm manages a tracked equity portfolio valued at approximately $27.9M, spread across 15 disclosed positions.

What are Cheyne Capital Management (UK) LLP's largest equity positions?

Based on the latest 13F filing, Cheyne Capital Management (UK) LLP's top holdings by market value are: 1. Eli Lilly & Co (LLY) — $11.7M (42.2%) 2. Barrick Gold CORP (ABX) — $3.6M (13.0%) 3. Suncor Energy INC (SU) — $2.3M (8.1%) 4. Cenovus Energy INC (CVE) — $1.6M (5.8%) 5. Occidental Petroleum CORP (OXY) — $1.6M (5.7%)

What changes did Cheyne Capital Management (UK) LLP make in its most recent portfolio filing?

No notable portfolio changes were recorded for Cheyne Capital Management (UK) LLP in the most recent quarter. Holdings appear to have remained relatively stable.

What sectors does Cheyne Capital Management (UK) LLP focus on?

Cheyne Capital Management (UK) LLP is concentrated in the following sectors based on its current disclosed equity portfolio: • Health Care: 44.9% • Energy: 33.3% • Financials: 13.8% • Materials: 5.4% • Consumer Staples: 1.9% • Communication Services: 0.7%

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Cheyne Capital Management (UK) LLP Quarterly 13F Holdings Update

CIK: 0001390457

Sector-focusedConcentrated strategyLong-term holder

Total reported value

$27.9M

Reporting period: 2023-12-31 · Number of holdings: 15

Cheyne Capital Management (UK) LLP disclosed 15 holdings in its latest 13F filing for the period ending 2023-12-31, with total reported value of $27.9M and a quarterly turnover rate of 0.0%.

Browse other institutions with under $100M AUM Browse other institutions starting with "C"

Personality snowflake

Concentration: 86.4
Portfolio Stability: 0
Momentum/Contrarian: 50
Sector conviction: 100
Diversification: 30
Sizing Uniformity: 84.51

Position sizes vary widely across the portfolio (a coefficient of variation of 1.55), with a handful of outsized bets alongside many smaller positions.

No strong tilt toward either adding to existing winners or initiating outsized new positions was observed in the latest reported quarter.

Recent moves

No holding changes this quarter

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

#	Ticker	Issuer	Asset Subclass	Weight	Weight Change	Shares Change
1	LLY	Eli Lilly & Co	Stock-Healthcare	42.18%	—	+6.24%
2	ABX	Barrick Gold CORP	Stock-Financials	12.99%	—	—
3	SU	Suncor Energy INC	Stock-Energy	8.11%	—	+52.22%
4	CVE	Cenovus Energy INC	Stock-Energy	5.84%	—	+84.18%
5	OXY	Occidental Petroleum CORP	Stock-Energy	5.73%	—	-50.00%
6	NE	Noble Corporation plc	Stock-Energy	4.15%	—	—
7	KMI	Kinder Morgan INC	Stock-Energy	3.80%	—	—
8	CRC	California Resources CORP	Stock-Energy	3.69%	—	—
9	EWZ	Ishares Msci Brazil ETF	ETF-Other	3.45%	—	—
10	AEM	Agnico Eagle Mines LTD	Stock-Materials	3.23%	—	—
11	OXY-WS	Occidental Petroleum-cw27	Stock-Other	2.17%	—	—
12	PAAS	Pan American Silver CORP	Stock-Materials	1.81%	—	—
13	KR	Kroger Co	Stock-Consumer Staples	1.81%	—	—
14	WBD	Warner Bros Discovery INC	Stock-Comm Services	0.61%	—	—
15	BIRDGBP	Allbirds Inc-cl A	Stock-Other	0.44%	—	—

Portfolio Performance

Performance for Q3 2026

—

Performance Last 4 Quarters

—

Based on 47% of reported portfolio value with available pricing

Stdev: +29.4%
Beta: +0.95
Alpha: +2.3%
Max Drawdown: -6.4%
Annualized Perf: +20.4%
Batting Avg vs S&P: +28.6%
Sortino: +1.79
Stutzer: +0.25
Treynor: +0.23
Sterling: —
Calmar: +3.19
Information Ratio: +0.05
Tracking Error: +24.7%
Stdev Down: +12.4%
Winning Months %: +57.1%
Losing Months %: +42.9%
Best 12 Months: —
Worst 12 Months: —
Efficiency Ratio: +0.29
Sharpe: +0.75
Stdev Sectors: +16.8%
Skewness: +0.97
Kurtosis: +0.19
Upside Potential: +3.66

Reported value over time

Sector allocation

Sector allocation over time

Quarterly history

Period	Holdings	Total value	Stability	Top holdings
2023-12-31	15	$27.9M	0	1LLY 2ABX 3SU Top holdings2023-12-31 1.LLY 2.ABX 3.SU 4.CVE 5.OXY 6.NE 7.KMI 8.CRC 9.EWZ 10.AEM
2023-09-30	24	$34.7M	0	1LLY 2S 3OXY Top holdings2023-09-30 1.LLY 2.S 3.OXY 4.ABX 5.SU 6.NE 7.CVE 8.CRC 9.KMI 10.IQV
2023-06-30	19	$27.1M	0	1LLY 2OXY 3SE Top holdings2023-06-30 1.LLY 2.OXY 3.SE 4.S 5.FTCHQ 6.SU 7.NE 8.IQV 9.KMI 10.EWZ
2023-03-31	22	$31.5M	0	1LLY 2SE 3ABX Top holdings2023-03-31 1.LLY 2.SE 3.ABX 4.OXY 5.HCP2EUR 6.63884N 7.SU 8.NE 9.TECK 10.CVE
2022-12-31	59	$57.2M	0	1ATVIEUR 2EXE 3ABX Top holdings2022-12-31 1.ATVIEUR 2.EXE 3.ABX 4.RDNT 5.OXY 6.FTCHQ 7.XENE 8.SU 9.75382E 10.MSOS
2022-09-30	35	$46.8M	0	1ATVIEUR 2SWCHEUR 3FTCHQ Top holdings2022-09-30 1.ATVIEUR 2.SWCHEUR 3.FTCHQ 4.EXE 5.ABX 6.RDNT 7.MSOS 8.BILL 9.CRWD 10.OXY
2022-06-30	108	$118.4M	0	1OIH 2XLE 3SLB Top holdings2022-06-30 1.OIH 2.XLE 3.SLB 4.EXE 5.ATVIEUR 6.VG1EUR 7.SWCHEUR 8.GLD 9.ABX 10.AKAM 0.375 09-01-27
2022-03-31	142	$158.9M	0	1GLD 2OIH 3CCJ Top holdings2022-03-31 1.GLD 2.OIH 3.CCJ 4.AKAM 0.375 09-01-27 5.ABX 6.EXE 7.META 8.F 0 03-15-26 9.MSOS 10.RNG 0 03-01-25
2021-12-31	125	$153.5M	0	1TASK 2META 3FTCHQ Top holdings2021-12-31 1.TASK 2.META 3.FTCHQ 4.AKAM 0.375 09-01-27 5.MSOS 6.RNG 0 03-01-25 7.GLD 8.RDNT 9.ABX 10.NRG 2.75 06-01-48
2021-09-30	112	$168.0M	0	1FTCHQ 2SE 3RBLX Top holdings2021-09-30 1.FTCHQ 2.SE 3.RBLX 4.TSM 5.233278 6.MSOS 7.AKAM 0.375 09-01-27 8.RDNT 9.RNG 0 03-01-25 10.PDD 0 12-01-25
2021-06-30	114	$219.7M	84	1BABA 2FTCHQ 3MSOS Top holdings2021-06-30 1.BABA 2.FTCHQ 3.MSOS 4.RBLX 5.233278 6.KLR1USD 7.AKAM 0.375 09-01-27 8.RNG 0 03-01-25 9.PANW 0.75 07-01-23 10.PDD 0 12-01-25
2021-03-31	100	$157.8M	100	1MSOS22332783AKAM 0.375 09-01-27 Top holdings2021-03-31 1.MSOS 2.233278 3.AKAM 0.375 09-01-27 4.FSLY 5.ABX 6.PANW 0.75 07-01-23 7.CRWD 8.NRG 2.75 06-01-48 9.ARCC 3.75 02-01-22 10.U
2020-12-31	88	$197.7M	87	1YUMC 2SE 3EMLC Top holdings2020-12-31 1.YUMC 2.SE 3.EMLC 4.GLD 5.NUANEUR 6.PANW 0.75 07-01-23 7.SLV 8.AKAM 0.375 09-01-27 9.SONO 10.EWZ
2020-09-30	57	$202.6M	76	1YUMC 2SE 3GLD Top holdings2020-09-30 1.YUMC 2.SE 3.GLD 4.AMZN 5.FTCHQ 6.NUANEUR 7.DELL 8.WMG 9.JD 10.AKAM 0.375 09-01-27
2020-06-30	46	$148.0M	79	1SE 2GDX 3AMZN Top holdings2020-06-30 1.SE 2.GDX 3.AMZN 4.GLD 5.FTCHQ 6.WMG 7.BILL 8.MBTGBP 9.ARCC 3.75 02-01-22 10.TWTR 0.25 06-15-24
2020-03-31	40	$97.1M	97	1GLD 2SE 3MNDT 0.875 06-01-24 Top holdings2020-03-31 1.GLD 2.SE 3.MNDT 0.875 06-01-24 4.AMZN 5.SPLK 0.5 09-15-23 6.BABA 7.NRG 2.75 06-01-48 8.ARCC 3.75 02-01-22 9.CVNA 10.MBTGBP
2019-12-31	43	$165.0M	51	1EEM 2SPLK 0.5 09-15-23 3BABA Top holdings2019-12-31 1.EEM 2.SPLK 0.5 09-15-23 3.BABA 4.BKNG 0.9 09-15-21 5.SE 6.RDNT 7.MNDT 0.875 06-01-24 8.PANW 0.75 07-01-23 9.TWTR 0.25 06-15-24 10.CVNA
2019-09-30	40	$158.4M	56	1TWTR 0.25 06-15-24 2SPLK 0.5 09-15-23 3BKNG 0.9 09-15-21 Top holdings2019-09-30 1.TWTR 0.25 06-15-24 2.SPLK 0.5 09-15-23 3.BKNG 0.9 09-15-21 4.VGR V1.75 04-15-20 5.RDNT 6.FWONK 1 01-30-23 7.MNDT 0.875 06-01-24 8.PANW 0.75 07-01-23 9.GDX 10.GOOGL
2019-06-30	42	$137.8M	78	1TWTR 0.25 06-15-24 2AKAM 0.125 05-01-25 3BKNG 0.9 09-15-21 Top holdings2019-06-30 1.TWTR 0.25 06-15-24 2.AKAM 0.125 05-01-25 3.BKNG 0.9 09-15-21 4.RDNT 5.VGR V1.75 04-15-20 6.LYV 2.5 03-15-23 7.GOOGL 8.MNDT 0.875 06-01-24 9.FWONK 1 01-30-23 10.NRG 2.75 06-01-48
2019-03-31	35	$107.0M	57	1CVNA 2NXPI 1 12-01-19 3BKNG 0.9 09-15-21 Top holdings2019-03-31 1.CVNA 2.NXPI 1 12-01-19 3.BKNG 0.9 09-15-21 4.VGR V1.75 04-15-20 5.NTNX 0 01-15-23 6.LYV 2.5 03-15-23 7.FWONK 1 01-30-23 8.RDNT 9.EFII 0.75 09-01-19 10.SRC 3.75 05-15-21
2018-12-31	35	$105.8M	58	1NXPI 1 12-01-19 2GWRE 1.25 03-15-25 3VGR V1.75 04-15-20 Top holdings2018-12-31 1.NXPI 1 12-01-19 2.GWRE 1.25 03-15-25 3.VGR V1.75 04-15-20 4.FWONK 1 01-30-23 5.CVNA 6.SRC 3.75 05-15-21 7.BKNG 0.9 09-15-21 8.DY 0.75 09-15-21 9.EFII 0.75 09-01-19 10.ARCC 3.75 02-01-22
2018-09-30	41	$168.3M	27	1NXPI 1 12-01-19 2CVNA 3AKAM 0 02-15-19 Top holdings2018-09-30 1.NXPI 1 12-01-19 2.CVNA 3.AKAM 0 02-15-19 4.GTT1USD 5.GWRE 1.25 03-15-25 6.JAZZ 1.875 08-15-21 7.VGR V1.75 04-15-20 8.FWONK 1 01-30-23 9.RDNT 10.ILMN 0 06-15-19
2018-06-30	34	$140.4M	100	1NXPI 1 12-01-19 2AKAM 0 02-15-19 3JAZZ 1.875 08-15-21 Top holdings2018-06-30 1.NXPI 1 12-01-19 2.AKAM 0 02-15-19 3.JAZZ 1.875 08-15-21 4.CVNA 5.ILMN 0 06-15-19 6.VGR V1.75 04-15-20 7.FWONK 1 01-30-23 8.GTT1USD 9.WMGI 2 02-15-20 10.BKNG 0.9 09-15-21
2018-03-31	34	$221.2M	54	161166W2TWXCHF 3IACIEUR Top holdings2018-03-31 1.61166W 2.TWXCHF 3.IACIEUR 4.TRCO 5.ROK 6.DISCKUSD 7.AKAM 0 02-15-19 8.IBB 9.VGR V1.75 04-15-20 10.ILMN 0 06-15-19
2017-12-31	36	$229.7M	82	161166W2TWXCHF 3DISCKUSD Top holdings2017-12-31 1.61166W 2.TWXCHF 3.DISCKUSD 4.TRCO 5.IACIEUR 6.AKRXEUR 7.131347 8.ILMN 0 06-15-19 9.BKNG 0.9 09-15-21 10.NXPI 1 12-01-19
2017-09-30	46	$277.1M	100	161166W2DELL 3RICEEUR Top holdings2017-09-30 1.61166W 2.DELL 3.RICEEUR 4.TWXCHF 5.SNI 6.52729N 7.TRCO 8.AKRXEUR 9.KRG 10.BBL
2017-06-30	45	$260.2M	100	101449J2REYN361166W Top holdings2017-06-30 1.01449J 2.REYN 3.61166W 4.52729N 5.111621 6.BHP 7.01449J 8.ELV 2.75 10-15-42 9.INTC 3.25 08-01-39 10.BKNG 0.9 09-15-21
2017-03-31	33	$264.7M	57	101449J2REYN3966244 Top holdings2017-03-31 1.01449J 2.REYN 3.966244 4.582839 5.DELL 6.XXI 7.111621 8.BBL 9.JAAA 10.LBTYA
2016-12-31	28	$177.9M	100	101449J29662443DELL Top holdings2016-12-31 1.01449J 2.966244 3.DELL 4.XXI 5.BBL 6.REYN 7.LBRDA 8.SYTUSD 9.ADMSEUR 10.RDNT
2016-09-30	31	$166.3M	100	101449J253578A361166W Top holdings2016-09-30 1.01449J 2.53578A 3.61166W 4.BBL 5.SYTUSD 6.DELL 7.LBTYA 8.LBRDA 9.CENTA 10.RDNT
2016-06-30	25	$124.2M	100	1268648201449J3BBL Top holdings2016-06-30 1.268648 2.01449J 3.BBL 4.LBTYA 5.SYTUSD 6.LIVN 7.TEVA 8.ADMSEUR 9.761283 10.APO
2016-03-31	31	$301.8M	100	10495132CVCEUR301449J Top holdings2016-03-31 1.049513 2.CVCEUR 3.01449J 4.268648 5.98742U 6.JAHEUR 7.SNDK 8.13342B 9.LIVN 10.BBL
2015-12-31	33	$184.8M	100	10495132CVCEUR3740189 Top holdings2015-12-31 1.049513 2.CVCEUR 3.740189 4.LIVN 5.268648 6.05545E 7.26746E 8.LNKD 0.5 11-01-19 9.KMI 10.CTXS 0.5 04-15-19
2015-09-30	41	$213.2M	100	1SUN2232820386272T Top holdings2015-09-30 1.SUN 2.232820 3.86272T 4.CVCEUR 5.740189 6.021441 7.HD 8.SNDK 1.5 08-15-17 9.CLVS 2.5 09-15-21 10.CTXS 0.5 04-15-19
2015-06-30	82	$309.2M	100	125490A273179V3148887 Top holdings2015-06-30 1.25490A 2.73179V 3.148887 4.441060 5.021441 6.686164 7.23251P 8.ODPEUR 9.ICPTUSD 10.NKTREUR
2015-03-31	64	$414.8M	87	125490A287264S3441060 Top holdings2015-03-31 1.25490A 2.87264S 3.441060 4.716933 5.DRCEUR 6.768573 7.LTH 8.826552 9.88732J 10.ICPTUSD
2014-12-31	56	$380.3M	100	125490A2DRCEUR3229678 Top holdings2014-12-31 1.25490A 2.DRCEUR 3.229678 4.87264S 5.14170T 6.460254 7.826552 8.88732J 9.ALLY 10.INFIQ
2014-09-30	49	$280.5M	100	182481R2DRCEUR3826552 Top holdings2014-09-30 1.82481R 2.DRCEUR 3.826552 4.FSTR 5.25490A 6.88732J 7.BSBR 8.TMUS 9.ALLY 10.BKNG 0.35 06-15-20
2014-06-30	53	$86.4M	100	1BSBR 2ALLY3670851 Top holdings2014-06-30 1.BSBR 2.ALLY 3.670851 4.VER 3.75 12-15-20 5.EXE 2.75 11-15-35 6.670851 7.AAPL 8.HMHCUSD 9.DAL 10.TSLA 0.25 03-01-19
2014-03-31	59	$104.3M	100	1043136200430U3BEAM Top holdings2014-03-31 1.043136 2.00430U 3.BEAM 4.02341W 5.VER 3.75 12-15-20 6.NUS 7.ATI 4.25 06-01-14 8.KMI 9.SMHC 10.OCN2EUR
2013-12-31	56	$92.6M	100	183438K2BN3580645 Top holdings2013-12-31 1.83438K 2.BN 3.580645 4.22149T 5.TSEM 6.JCPCHF 7.802817 8.ULTA 9.DAL 10.GOOG
2013-09-30	47	$132.1M	100	1ELAN2486587379277W Top holdings2013-09-30 1.ELAN 2.486587 3.79277W 4.771497 5.080555 6.DOLE 7.83616T 8.NUANEUR 9.580645 10.ISRG
2013-06-30	52	$151.5M	0	1DELL273930R3263751 Top holdings2013-06-30 1.DELL 2.73930R 3.263751 4.ELAN 5.64118V 6.805551 7.781295 8.30064K 9.580645 10.327441

Holding changes this quarter

Position changes disclosed by Cheyne Capital Management (UK) LLP for the quarter ending 2023-12-31, including ticker, issuer, weight change, shares change, and action
#	Ticker	Issuer	Weight Change	Shares Change	Action

Filing History

Period	Filed	Type	EDGAR
2023-12-31	2024-02-12	13F-HR	View on EDGAR
2023-09-30	2023-10-27	13F-HR	View on EDGAR
2023-06-30	2023-07-14	13F-HR	View on EDGAR
2023-03-31	2023-05-03	13F-HR	View on EDGAR
2022-12-31	2023-02-10	13F-HR	View on EDGAR
2022-09-30	2022-11-10	Amendment	View on EDGAR
2022-09-30	2022-11-09	13F-HR	View on EDGAR
2022-06-30	2022-08-05	13F-HR	View on EDGAR
2022-03-31	2022-05-10	13F-HR	View on EDGAR
2021-12-31	2022-01-26	13F-HR	View on EDGAR
2021-09-30	2021-11-12	13F-HR	View on EDGAR
2021-06-30	2021-08-12	13F-HR	View on EDGAR
2021-03-31	2021-05-14	13F-HR	View on EDGAR
2020-12-31	2021-02-10	13F-HR	View on EDGAR
2020-09-30	2020-11-16	13F-HR	View on EDGAR
2020-06-30	2020-08-12	13F-HR	View on EDGAR
2020-03-31	2020-05-07	13F-HR	View on EDGAR
2019-12-31	2020-02-12	13F-HR	View on EDGAR
2019-09-30	2019-11-12	13F-HR	View on EDGAR
2019-06-30	2019-08-08	13F-HR	View on EDGAR
2019-03-31	2019-05-10	13F-HR	View on EDGAR
2018-12-31	2019-02-05	13F-HR	View on EDGAR
2018-09-30	2018-12-21	Amendment	View on EDGAR
2018-09-30	2018-11-05	13F-HR	View on EDGAR
2018-06-30	2018-08-02	13F-HR	View on EDGAR
2018-03-31	2018-05-10	13F-HR	View on EDGAR
2017-12-31	2018-02-08	13F-HR	View on EDGAR
2017-09-30	2017-11-08	Amendment	View on EDGAR
2017-09-30	2017-11-07	13F-HR	View on EDGAR
2017-06-30	2017-07-26	13F-HR	View on EDGAR
2017-03-31	2017-05-09	13F-HR	View on EDGAR
2016-12-31	2017-01-25	13F-HR	View on EDGAR
2016-09-30	2016-10-24	13F-HR	View on EDGAR
2016-06-30	2016-07-27	13F-HR	View on EDGAR
2016-03-31	2016-04-18	13F-HR	View on EDGAR
2015-12-31	2016-01-15	13F-HR	View on EDGAR
2015-09-30	2015-10-19	13F-HR	View on EDGAR
2015-06-30	2015-08-11	13F-HR	View on EDGAR
2015-03-31	2015-05-11	13F-HR	View on EDGAR
2014-12-31	2015-02-11	13F-HR	View on EDGAR
2014-09-30	2014-11-04	13F-HR	View on EDGAR
2014-06-30	2014-08-12	13F-HR	View on EDGAR
2014-03-31	2014-05-14	13F-HR	View on EDGAR
2013-12-31	2014-02-12	13F-HR	View on EDGAR
2013-09-30	2013-11-13	13F-HR	View on EDGAR
2013-06-30	2013-08-14	13F-HR	View on EDGAR

FAQ

What is Cheyne Capital Management (UK) LLP and what type of investor is it?

What are Cheyne Capital Management (UK) LLP's largest equity positions?

What changes did Cheyne Capital Management (UK) LLP make in its most recent portfolio filing?

No notable portfolio changes were recorded for Cheyne Capital Management (UK) LLP in the most recent quarter. Holdings appear to have remained relatively stable.

What sectors does Cheyne Capital Management (UK) LLP focus on?