Waterstone Capital Management, L.P. — 2014-06-30 13F Holdings

Name: Waterstone Capital Management, L.P. — 13F Holdings, 2014-06-30
Creator: AlphaSMO
License: https://www.sec.gov/forms

CIK: 0001512370

Total reported value

$98.6M

Full holdings list this quarter

#	Ticker	Issuer	Asset Subclass	Weight	Weight Change	Shares Change
1	MCHP 2.125 12-15-37	Microchip Technology INC	Stock-Tech	16.17%	—	-71.70%
2	DNDN 2.875 01-15-16	Dendreon CORP	Stock-Other	13.63%	—	-27.10%
3	FLG 6 11-01-51	Flagstar Bank NA	Stock-Financials	13.24%	-31.11%	-0.63%
4	LRCXEUR	Lam Research CORP	Stock-Tech	13.05%	—	+22.38%
5	NMIH	Nmi Holdings INC	Stock-Financials	11.78%	—	-9.90%
6	BKNG	Booking Hldgs INC	Stock-Consumer Disc	8.98%	—	-67.50%
7	QNDX	State Street SPDR Portfolio Nasdaq 100 ETF	ETF-Tech	6.73%	—	-37.00%
8	HO1	Hologic INC	Stock-Other	5.49%	—	-50.36%
9	✓	Communityone Bancorp	Stock-Other	4.50%	—	-14.22%
10	CHKEUR	Chesapeake Energy CORP	Stock-Other	1.53%	—	—
11	ZION	Zions Bancorporation, National Association	Stock-Financials	1.10%	—	-72.71%
12	OXLC	Oxford Lane Capital Corp.	Stock-Other	0.93%	—	+289.76%
13	✓	Stonegate Mtg CORP	Stock-Other	0.83%	—	+84.44%
14	WELL	Welltower Inc.	Stock-Real Estate	0.74%	—	—
15	✓	Alphatec Holdings INC	Stock-Other	0.58%	—	-23.70%
16	✓	Journal Communications Inc-a	Stock-Other	0.39%	—	—
17	ORI	Old Republic Intl CORP	Stock-Financials	0.32%	—	—

Position changes disclosed by Waterstone Capital Management, L.P. for the quarter ending 2014-06-30, including ticker, issuer, weight change, shares change, and action
#	Ticker	Issuer	Weight Change	Shares Change	Action
1	LRCXEUR	Lam Research CORP	+9.1%	+22.38%	Add
2	FLG 6 11-01-51	Flagstar Bank NA	+7.3%	-0.63%	Trim
3	NMIH	Nmi Holdings INC	+5.2%	-9.90%	Trim
4	DNDN 2.875 01-15-16	Dendreon CORP	+4.6%	-27.10%	Trim
5	✓	Communityone Bancorp	+1.8%	-14.22%	Trim
6	QNDX	State Street SPDR Portfolio Nasdaq 100 ETF	+1.7%	-37.00%	Trim
7	HO1	Hologic INC	+1.3%	-50.36%	Trim
8	OXLC	Oxford Lane Capital Corp.	+0.8%	+289.76%	Add
9	✓	Stonegate Mtg CORP	+0.6%	+84.44%	Add
10	WELL	Welltower Inc.	+0.4%	—	Unchanged
11	✓	Alphatec Holdings INC	+0.3%	-23.70%	Trim
12	✓	Journal Communications Inc-a	+0.2%	—	Unchanged
13	ORI	Old Republic Intl CORP	+0.2%	—	Unchanged
14	ZION	Zions Bancorporation, National Association	-1.2%	-72.71%	Trim
15	BKNG	Booking Hldgs INC	-3.4%	-67.50%	Trim
16	MCHP 2.125 12-15-37	Microchip Technology INC	-8.8%	-71.70%	Trim
17	AROC 4.25 06-15-14	Exterran Holdings INC	—	EXIT	Sold out
18	XLNXEUR	Xilinx INC	—	EXIT	Sold out
19	HLF	Herbalife Ltd.	—	EXIT	Sold out
20	BXMT 5.25 12-01-18	Blackstone Mortgage Tr	—	EXIT	Sold out
21	AL	Air Lease CORP	—	EXIT	Sold out
22	CHKEUR	Chesapeake Energy CORP	—	NEW	New buy
23	TSLA 1.25 03-01-21	Tesla INC	—	EXIT	Sold out
24	OFIX	Orthofix Medical Inc.	—	EXIT	Sold out