SA

Symphony Asset Management LLC

High-turnover traderSector-focusedContrarian

Total reported value

$309.4M

Reporting period: 2020-06-30 · Number of holdings: 41

SYMPHONY ASSET MANAGEMENT LLC disclosed 41 holdings in its latest 13F filing for the period ending 2020-06-30, with total reported value of $309.4M and a quarterly turnover rate of 105.6%.

Personality snowflake

Concentration
17.64
Portfolio Stability
100
Momentum/Contrarian
0
Sector conviction
100
Diversification
82
Sizing Uniformity
90.9

Recent moves

  • Add TWTR 0.25 06-15-24

    +637.5%　$24.3M

  • Add ON 1 12-01-20

    +39.4%　$10.4M

  • Trim RDFN 1.75 07-15-23

    -73.6%　-$3.9M

  • Add CCO

    0.0%　$3.2M

  • Add RPD 1.25 08-01-23

    +86.7%　$2.8M

  • Add IHRT

    -5.5%　$1.7M

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

#TickerIssuerAsset SubclassWeightWeight ChangeShares Change4Q Trend
1TWTR 0.25 06-15-24Twitter INCStock-Other9.01%+7.88%+637.50%
2ON 1 12-01-20On Semiconductor CORPStock-Tech8.68%+3.52%+39.39%
3IHRTIheartmedia INC - Class AStock-Other7.30%+0.72%-5.50%
4TEVA 0.25 02-01-26 CTeva Pharm Fin Co LLCStock-Healthcare5.57%+0.43%—
5EGHT 0.5 02-01-248x8 INCStock-Other5.23%-0.16%-10.00%
6LGND 0.75 05-15-23Ligand Pharmaceuticals IStock-Healthcare5.06%+0.38%—
7Z 2.75 05-15-25Zillow Group INCStock-Comm Services4.47%+4.47%NEW
8MNDT 0.875 06-01-24Mandiant INCStock-Other3.53%—-6.43%
9AVYAUSDAvaya Holdings CORPStock-Other3.52%-0.55%-44.99%
10SPYSs Spdr S&p 500 ETF Trust-usETF-Large Cap & Growth3.49%+3.49%NEW
11RP 1.5 05-15-25Realpage INCStock-Other3.32%+3.32%NEW
12PS 0.375 03-01-24Pluralsight INCStock-Other2.87%+2.87%NEW
13COUPEURCoupa Software INCStock-Other2.86%+2.86%NEW
14LPSN 0.75 03-01-24Liveperson INCStock-Other2.81%+2.81%NEW
15PANWPalo Alto Networks INCStock-Tech2.75%+2.75%NEW
16CCOClear Channel Outdoor HoldinStock-Other2.73%+1.10%—
17TPC 2.875 06-15-21Tutor Perini CORPStock-Other2.48%+0.52%+20.41%
18DDOGDatadog INC - Class AStock-Tech2.25%+2.25%NEW
19DISH 3.375 08-15-26Dish Network CORPStock-Other1.78%+0.25%—
20RPD 1.25 08-01-23Rapid7 INCStock-Other1.74%+0.92%+86.74%
21ILMN 0.5 06-15-21Illumina INCStock-Healthcare1.72%+1.72%NEW
22EVFEaton Vance Senior Income TrStock-Other1.67%+0.27%—
23AVYA 2.25 06-15-23Avaya Holdings CORPStock-Other1.62%+1.62%NEW
24SAVE 4.75 05-15-25Spirit Airlines INCStock-Other1.46%+1.46%NEW
25LVGOLivongo Health INCStock-Other1.45%+1.45%NEW
26NTNX 0 01-15-23Nutanix INCStock-Tech1.43%+1.44%NEW
27IWMIshares Russell 2000 ETFETF-Small Cap1.39%+1.39%NEW
28EFTEaton Vance Fltng Rt INC TrStock-Other1.30%——
29RDFN 1.75 07-15-23Redfin CORPStock-Other0.96%-1.21%-73.62%
30SM 1.5 07-01-21Sm Energy CoStock-Energy0.89%—-57.17%
31LUVSouthwest Airlines CoStock-Industrials0.88%+0.88%NEW
32CMLSQCumulus Media Inc-cl AStock-Other0.70%-0.24%—
33TDOCTeladoc Health INCStock-Healthcare0.62%+0.62%NEW
34BKNGBooking Holdings INCStock-Consumer Disc0.62%+0.62%NEW
35NUVAGBPNuvasive INCStock-Other0.54%-0.27%-41.57%
36DXCMDexcom INCStock-Healthcare0.38%+0.38%NEW
37NBR 0.75 01-15-24Nabors Industries INCStock-Other0.26%—+9.00%
38RIGTransocean Ltd.Stock-Energy0.24%——
39KPTI 3 10-15-25Karyopharm TherapeuticsStock-Other0.23%——
40ZSZscaler INCStock-Tech0.20%——
41TLGT 4.75 05-01-23Teligent INCStock-Other—-0.61%—

Holding changes this quarter

Symphony Asset Management LLC's most significant position changes for 2020-06-30: Sold out: Microchip Technology INC (MCHP 1.625 02-15-27); Sold out: Trip.com Group LTD (TCOM 1 07-01-20); Sold out: Allscripts Healthcare So (MDRX 1.25 07-01-20); Sold out: Mandiant INC (MNDT 1.625 06-01-35 B); Sold out: Palo Alto Networks (PANW 0.75 07-01-23).

Position changes disclosed by Symphony Asset Management LLC for the quarter ending 2020-06-30, including ticker, issuer, weight change, shares change, and action
#TickerIssuerWeight ChangeShares ChangeAction
1TWTR 0.25 06-15-24Twitter INC+7.9%+637.50%Add
2ON 1 12-01-20On Semiconductor CORP+3.5%+39.39%Add
3CCOClear Channel Outdoor Holdin+1.1%—Unchanged
4RPD 1.25 08-01-23Rapid7 INC+0.9%+86.74%Add
5IHRTIheartmedia INC - Class A+0.7%-5.50%Trim
6TPC 2.875 06-15-21Tutor Perini CORP+0.5%+20.41%Add
7TEVA 0.25 02-01-26 CTeva Pharm Fin Co LLC+0.4%—Unchanged
8LGND 0.75 05-15-23Ligand Pharmaceuticals I+0.4%—Unchanged
9EVFEaton Vance Senior Income Tr+0.3%—Unchanged
10DISH 3.375 08-15-26Dish Network CORP+0.3%—Unchanged
11EGHT 0.5 02-01-248x8 INC-0.2%-10.00%Trim
12CMLSQCumulus Media Inc-cl A-0.2%—Unchanged
13NUVAGBPNuvasive INC-0.3%-41.57%Trim
14AVYAUSDAvaya Holdings CORP-0.6%-44.99%Trim
15TLGT 4.75 05-01-23Teligent INC-0.6%—Unchanged
16RDFN 1.75 07-15-23Redfin CORP-1.2%-73.62%Trim
17MCHP 1.625 02-15-27Microchip Technology INC—EXITSold out
18TCOM 1 07-01-20Trip.com Group LTD—EXITSold out
19MDRX 1.25 07-01-20Allscripts Healthcare So—EXITSold out
20MNDT 1.625 06-01-35 BMandiant INC—EXITSold out
21PANW 0.75 07-01-23Palo Alto Networks—EXITSold out
22Z 2.75 05-15-25Zillow Group INC—NEWNew buy
23SPYSs Spdr S&p 500 ETF Trust-us—NEWNew buy
24RP 1.5 05-15-25Realpage INC—NEWNew buy
25PS 0.375 03-01-24Pluralsight INC—NEWNew buy
26COUPEURCoupa Software INC—NEWNew buy
27LPSN 0.75 03-01-24Liveperson INC—NEWNew buy
28PANWPalo Alto Networks INC—NEWNew buy
29DDOGDatadog INC - Class A—NEWNew buy
30SPLK 0.5 09-15-23Splunk INC—EXITSold out
31RNGRingcentral Inc-class A—EXITSold out
32ILMN 0 08-15-23Illumina INC—EXITSold out
33TWLOTwilio INC - A—EXITSold out
34ILMN 0.5 06-15-21Illumina INC—NEWNew buy
35AVYA 2.25 06-15-23Avaya Holdings CORP—NEWNew buy
36SAVE 4.75 05-15-25Spirit Airlines INC—NEWNew buy
37LVGOLivongo Health INC—NEWNew buy
38NTNX 0 01-15-23Nutanix INC—NEWNew buy
39IWMIshares Russell 2000 ETF—NEWNew buy
40ILMNIllumina INC—EXITSold out
41TEAMAtlassian Corporation—EXITSold out
42LUVSouthwest Airlines Co—NEWNew buy
43TDOCTeladoc Health INC—NEWNew buy
44BKNGBooking Holdings INC—NEWNew buy
45RH 0 06-15-23Rh—EXITSold out
46MDBMongodb INC—EXITSold out
47✓ Horizon Therapeutics PLC—EXITSold out
48PEGAPegasystems INC—EXITSold out
49GFLCN 6 03-15-23Gfl Environmental INC—EXITSold out
50DXCMDexcom INC—NEWNew buy

FAQ

What is Symphony Asset Management LLC and what type of investor is it?
Symphony Asset Management LLC 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 (2020-06-30), the firm manages a tracked equity portfolio valued at approximately $309.4M, spread across 41 disclosed positions.
What are Symphony Asset Management LLC's largest equity positions?
Based on the latest 13F filing, Symphony Asset Management LLC's top holdings by market value are: 1. Twitter INC (TWTR 0.25 06-15-24) — $27.9M (9.0%) 2. On Semiconductor CORP (ON 1 12-01-20) — $26.9M (8.7%) 3. Iheartmedia INC - Class A (IHRT) — $22.6M (7.3%) 4. Teva Pharm Fin Co LLC (TEVA 0.25 02-01-26 C) — $17.2M (5.6%) 5. 8x8 INC (EGHT 0.5 02-01-24) — $16.2M (5.2%)
What changes did Symphony Asset Management LLC make in its most recent portfolio filing?
In the latest reported quarter, Symphony Asset Management LLC made 43 notable position adjustments: 18 new positions were initiated, 4 existing holdings were added to, 5 positions were partially reduced, and 16 were completely exited. The largest of these moves: Sold out: Microchip Technology INC (MCHP 1.625 02-15-27); Sold out: Trip.com Group LTD (TCOM 1 07-01-20); Sold out: Allscripts Healthcare So (MDRX 1.25 07-01-20); Sold out: Mandiant INC (MNDT 1.625 06-01-35 B); Sold out: Palo Alto Networks (PANW 0.75 07-01-23)
What sectors does Symphony Asset Management LLC focus on?
Symphony Asset Management LLC is concentrated in the following sectors based on its current disclosed equity portfolio: • Information Technology: 72.6% • Industrials: 12.8% • Consumer Discretionary: 9.0% • Health Care: 5.5%