CP

Context Partners Fund, L.P.

Diversified strategyHigh-turnover traderSector-focused

Total reported value

$460.1M

Reporting period: 2020-09-30 · Number of holdings: 165

Context Partners Fund, L.P. disclosed 165 holdings in its latest 13F filing for the period ending 2020-09-30, with total reported value of $460.1M and a quarterly turnover rate of 178.2%.

Personality snowflake

Concentration
6.27
Portfolio Stability
100
Momentum/Contrarian
100
Sector conviction
100
Diversification
100
Sizing Uniformity
87.44

Recent moves

  • Add NH 5.5 12-15-21

    +482.9%　$10.0M

  • Add INFN 2.125 09-01-24

    +487.5%　$8.8M

  • Trim ICPT 3.25 07-01-23

    +229.1%　$7.9M

  • New buy EGHT 0.5 02-01-24

  • New buy G7948TAE9

  • New buy VNE 4 06-01-24

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

Showing top 164 holdings (of 165 total)

#TickerIssuerAsset SubclassWeightWeight ChangeShares Change4Q Trend
1EGHT 0.5 02-01-248x8 INCStock-Other4.22%+4.22%NEW
2✓ Sea LTDStock-Other2.84%+2.84%NEW
3VNE 4 06-01-24Veoneer INCStock-Other2.77%+2.77%NEW
4ICPT 3.25 07-01-23Intercept PharmasStock-Other2.76%-0.06%+229.15%
5COVPHA 3.25 06-01-22Covis Finco SarlStock-Other2.74%—+59.86%
6CCIV-UChurchill Capital CORP IvStock-Other2.53%+2.53%NEW
7✓ Cf Finance Acquisition CORPStock-Other2.53%+2.53%NEW
8NH 5.5 12-15-21Nanthealth INCStock-Other2.46%+1.70%+482.86%
9INFN 2.125 09-01-24Infinera CORPStock-Other2.36%+1.18%+487.50%
10PRAA 3.5 06-01-23Pra Group INCStock-Other2.33%+2.33%NEW
11FLXN 3.375 05-01-24Flexion Therapeutics INCStock-Other2.23%+2.23%NEW
12NSH-UNavsight Holdings INCStock-Other1.94%+1.94%NEW
13TVTX 2.5 09-15-25Travere Therapeutics INCStock-Other1.91%+1.91%NEW
14CKH 2.5 12-15-27Seacor Holdings INCStock-Other1.91%+1.91%NEW
15IQ 3.75 12-01-23Iqiyi INCStock-Other1.90%+1.90%NEW
16OMER 6.25 11-15-23Omeros CORPStock-Other1.85%+1.85%NEW
17GOSS 5 06-01-27Gossamer Bio INCStock-Other1.61%+1.61%NEW
18DISH 2.375 03-15-24Dish Network CORPStock-Other1.60%+1.60%NEW
19VG 1.75 06-01-24Vonage Holdings CORPStock-Energy1.52%+1.52%NEW
20AGGIshares Core U.s. AggregateETF-Other1.40%+1.40%NEW
21✓ Forum Merger Iii CORPStock-Other1.38%+1.38%NEW
22TBPH 3.25 11-01-23Theravance Biopharma INCStock-Other1.38%—+11.54%
23XERS 5 07-15-25Xeris Biopharma HoldingsStock-Other1.36%+1.36%NEW
24BILI 1.375 04-01-26Bilibili INCStock-Other1.34%+1.34%NEW
25✓ Property Solutions Acquisition Unit Exp 033027Stock-Other1.32%+1.32%NEW
26✓ Prime Impact Acquisition IStock-Other1.31%+1.31%NEW
27✓ Ftac Olympus Acquisition CorStock-Other1.30%+1.30%NEW
28✓ Ace Convergence Acqu CORPStock-Other1.28%+1.28%NEW
29IQ 2 04-01-25Iqiyi INCStock-Other1.26%+1.26%NEW
30✓ E Merge Technology AcquisitiStock-Other1.25%+1.25%NEW
31LYV 2.5 03-15-23Live Nation EntertainmenStock-Comm Services1.21%+1.21%NEW
32✓ Redball Acquisition CORPStock-Other1.12%+1.12%NEW
33ICPT 2 05-15-26Intercept PharmasStock-Other1.12%+1.12%NEW
34OPK 4.5 02-15-25Opko Health INCStock-Other1.10%+1.10%NEW
35✓ Cohn Robbins Holdings CorpStock-Other1.10%+1.10%NEW
36✓ Tailwind Acquisition CORPStock-Other1.09%+1.09%NEW
37✓ Ascendant Digital AcquisitioStock-Other1.03%+1.03%NEW
38MCHP 2.25 02-15-37Microchip Technology INCStock-Tech1.01%—-29.55%
39DISH 3.375 08-15-26Dish Network CORPStock-Other1.00%+1.00%NEW
40AAOI 5 03-15-24Applied OptoelectronicsStock-Tech1.00%+1.00%NEW
41ECPG 3.25 03-15-22Encore Capital Group INCStock-Other0.94%—+33.87%
42✓ Utz Brands INCStock-Other0.93%+0.93%NEW
43NBIX 2.25 05-15-24Neurocrine BiosciencesStock-Healthcare0.90%+0.90%NEW
44✓ Fusion Acquisition CORPStock-Other0.88%+0.88%NEW
45✓ Vpc Impact Acquisition HldngStock-Other0.87%——
46✓ Yy INCStock-Other0.82%——
47✓ Merida Merger CORP IStock-Other0.80%——
48EXAS 0.375 03-15-27Exact Sciences CORPStock-Other0.76%——
49LGND 0.75 05-15-23Ligand Pharmaceuticals IStock-Healthcare0.73%——
50✓ Tortoise Acquisition CORP IiStock-Other0.71%——
1–50 of 164

Holding changes this quarter

Context Partners Fund, L.P.'s most significant position changes for 2020-09-30: New buy: 8x8 INC (EGHT 0.5 02-01-24); New buy: Sea LTD; New buy: Veoneer INC (VNE 4 06-01-24); New buy: Cf Finance Acquisition CORP; New buy: Churchill Capital CORP Iv (CCIV-U).

Position changes disclosed by Context Partners Fund, L.P. for the quarter ending 2020-09-30, including ticker, issuer, weight change, shares change, and action
#TickerIssuerWeight ChangeShares ChangeAction
1NH 5.5 12-15-21Nanthealth INC+1.7%+482.86%Add
2INFN 2.125 09-01-24Infinera CORP+1.2%+487.50%Add
3ICPT 3.25 07-01-23Intercept Pharmas-0.1%+229.15%Add
4EGHT 0.5 02-01-248x8 INC—NEWNew buy
5✓ Sea LTD—NEWNew buy
6VNE 4 06-01-24Veoneer INC—NEWNew buy
7✓ Cf Finance Acquisition CORP—NEWNew buy
8CCIV-UChurchill Capital CORP Iv—NEWNew buy
9PRAA 3.5 06-01-23Pra Group INC—NEWNew buy
10FLXN 3.375 05-01-24Flexion Therapeutics INC—NEWNew buy
11NSH-UNavsight Holdings INC—NEWNew buy
12TVTX 2.5 09-15-25Travere Therapeutics INC—NEWNew buy
13CKH 2.5 12-15-27Seacor Holdings INC—NEWNew buy
14IQ 3.75 12-01-23Iqiyi INC—NEWNew buy
15OMER 6.25 11-15-23Omeros CORP—NEWNew buy
16RH 0 06-15-19Rh—EXITSold out
17TWO 6.25 01-15-22Two Harbors Inv CORP—EXITSold out
18GOSS 5 06-01-27Gossamer Bio INC—NEWNew buy
19DISH 2.375 03-15-24Dish Network CORP—NEWNew buy
20PDLI 2.75 12-01-21Pdl Biopharma INC—EXITSold out
21VG 1.75 06-01-24Vonage Holdings CORP—NEWNew buy
22REGI 4 06-15-36Renewable Energy Group I—EXITSold out
23AGGIshares Core U.s. Aggregate—NEWNew buy
24✓ Forum Merger Iii CORP—NEWNew buy
25XERS 5 07-15-25Xeris Biopharma Holdings—NEWNew buy
26BILI 1.375 04-01-26Bilibili INC—NEWNew buy
27✓ Property Solutions Acquisition Unit Exp 033027—NEWNew buy
28✓ Prime Impact Acquisition I—NEWNew buy
29✓ Ftac Olympus Acquisition Cor—NEWNew buy
30✓ Ace Convergence Acqu CORP—NEWNew buy
31IQ 2 04-01-25Iqiyi INC—NEWNew buy
32✓ E Merge Technology Acquisiti—NEWNew buy
33LYV 2.5 03-15-23Live Nation Entertainmen—NEWNew buy
34✓ Redball Acquisition CORP—NEWNew buy
35ICPT 2 05-15-26Intercept Pharmas—NEWNew buy
36OPK 4.5 02-15-25Opko Health INC—NEWNew buy
37✓ Cohn Robbins Holdings Corp—NEWNew buy
38✓ Tailwind Acquisition CORP—NEWNew buy
39TSLA 1.25 03-01-21Tesla INC—EXITSold out
40TCOM 1 07-01-20Trip.com Group LTD—EXITSold out
41TSLAEN 1.625 11-01-19Tesla Energy Operations—EXITSold out
42✓ Ascendant Digital Acquisitio—NEWNew buy
43DISH 3.375 08-15-26Dish Network CORP—NEWNew buy
44AAOI 5 03-15-24Applied Optoelectronics—NEWNew buy
45DERM 3 05-15-22Dermira INC—EXITSold out
46✓ Utz Brands INC—NEWNew buy
47NBIX 2.25 05-15-24Neurocrine Biosciences—NEWNew buy
48✓ Forum Merger Ii CORP—EXITSold out
49✓ Fusion Acquisition CORP—NEWNew buy
50CZR 5 10-01-24Caesars Holdings INC—EXITSold out

FAQ

What is Context Partners Fund, L.P. and what type of investor is it?
Context Partners Fund, L.P. 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 (2020-09-30), the firm manages a tracked equity portfolio valued at approximately $460.1M, spread across 165 disclosed positions.
What are Context Partners Fund, L.P.'s largest equity positions?
Based on the latest 13F filing, Context Partners Fund, L.P.'s top holdings by market value are: 1. 8x8 INC (EGHT 0.5 02-01-24) — $19.4M (4.2%) 2. Sea LTD — $13.1M (2.8%) 3. Veoneer INC (VNE 4 06-01-24) — $12.8M (2.8%) 4. Intercept Pharmas (ICPT 3.25 07-01-23) — $12.7M (2.8%) 5. Covis Finco Sarl (COVPHA 3.25 06-01-22) — $12.6M (2.7%)
What changes did Context Partners Fund, L.P. make in its most recent portfolio filing?
In the latest reported quarter, Context Partners Fund, L.P. made 50 notable position adjustments: 37 new positions were initiated, 3 existing holdings were added to, 0 positions were partially reduced, and 10 were completely exited. The largest of these moves: New buy: 8x8 INC (EGHT 0.5 02-01-24); New buy: Sea LTD; New buy: Veoneer INC (VNE 4 06-01-24); New buy: Cf Finance Acquisition CORP; New buy: Churchill Capital CORP Iv (CCIV-U)
What sectors does Context Partners Fund, L.P. focus on?
Context Partners Fund, L.P. is concentrated in the following sectors based on its current disclosed equity portfolio: • Industrials: 100.0%