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GPCM
Granite Point Capital Management Portfolio holdings
AUM
$4.9M
1-Year Est. Return
38.41%
This Fund
S&P 500
This Quarter
Est. Return
+21.53%
1 Year Est. Return
+38.41%
3 Year Est. Return
+124.67%
5 Year Est. Return
+295.96%
10 Year Est. Return
–
AUM
$72.1M
AUM Growth
-$84.7M
(-54%)
Cap. Flow
-$60.9M
Cap. Flow
% of AUM
-84.47%
Top 10 Holdings %
Top 10 Hldgs %
72.93%
Holding
107
New
18
Increased
4
Reduced
20
Closed
55
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Tandem Diabetes Care
TNDM
|
+$621K |
| 2 |
Tesla
TSLA
|
+$471K |
| 3 |
ServiceNow
NOW
|
+$435K |
| 4 |
Qualcomm
QCOM
|
+$373K |
| 5 |
Boston Beer
SAM
|
+$344K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
VanEck Gold Miners ETF
GDX
|
+$6.35M |
| 2 |
Trip.com Group
TCOM
|
+$5.5M |
| 3 |
Meta Platforms (Facebook)
META
|
+$5.28M |
| 4 |
SLB Ltd
SLB
|
+$4.81M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$4.26M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 7.88% |
| 2 | Consumer Discretionary | 7.85% |
| 3 | Communication Services | 3.61% |
| 4 | Healthcare | 1.98% |
| 5 | Industrials | 0.88% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
LNW
76
DELISTED
Light & Wonder
LNW
| – | – |
-15,000
| Closed | -$879K |
|
77
LivePerson
LPSN
$32.3M
| – | – |
-667
| Closed | -$101K |
|
78
Magnite
MGNI
$3.55B
| – | – |
-30,000
| Closed | -$318K |
|
79
Micron Technology
MU
$991B
| – | – |
-13,030
| Closed | -$651K |
|
80
PUT
iShares S&P 100 ETF
OEF
$20.6B
| – | – |
-27,500
| Closed | -$4.79M |
|
81
Okta
OKTA
$25.8B
| – | – |
-5,000
| Closed | -$342K |
|
82
Pinduoduo
PDD
$131B
| – | – |
-37,000
| Closed | -$3.02M |
|
83
CALL
Pfizer
PFE
$153B
| – | – |
-10,000
| Closed | -$512K |
|
84
P3 Health Partners Inc Warrant
PIIIW
$179K
| – | – |
-1,072,601
| Closed | -$161K |
|
85
Invesco QQQ Trust
QQQ
$484B
| – | – |
-2,000
| Closed | -$590K |
|
86
uniQure
QURE
$3.22B
| – | – |
-84,000
| Closed | -$1.9M |
|
87
Rocket Pharmaceuticals
RCKT
$394M
| – | – |
-140,000
| Closed | -$2.74M |
|
88
RingCentral
RNG
$5.28B
| – | – |
-8,000
| Closed | -$283K |
|
89
Rezolute
RZLT
$452M
| – | – |
-198,544
| Closed | -$411K |
|
90
Sabre
SABR
$835M
| – | – |
-30,000
| Closed | -$185K |
|
91
Shopify
SHOP
$195B
| – | – |
-9,000
| Closed | -$312K |
|
|
92
SLB Ltd
SLB
$75B
| – | – |
-90,000
| Closed | -$4.81M |
|
|
93
PUT
SLB Ltd
SLB
$75B
| – | – |
-90,000
| Closed | -$4.81M |
|
94
Spok Holdings
SPOK
$241M
| – | – |
-75,000
| Closed | -$614K |
|
95
State Street SPDR S&P 500 ETF Trust
SPY
$823B
| – | – |
-5,500
| Closed | -$2.1M |
|
|
96
PUT
State Street SPDR S&P 500 ETF Trust
SPY
$823B
| – | – |
-28,000
| Closed | -$10.7M |
|
97
TAL Education Group
TAL
$6.87B
| – | – |
-40,000
| Closed | -$282K |
|
|
98
Trip.com Group
TCOM
$29.1B
| – | – |
-160,000
| Closed | -$5.5M |
|
99
TELA Bio
TELA
$38.9M
| – | – |
-115,659
| Closed | -$1.33M |
|
100
PUT
State Street Materials Select Sector SPDR ETF
XLB
$8.66B
| – | – |
-60,000
| Closed | -$2.62M |
|
Similar funds
MAM
CCM
BGCI
CAM
EAM
SM
TPL
RC
Granite Point Capital Management's Q1 2023 Portfolio in Review
As of Q1 2023, Granite Point Capital Management held 107 positions worth $72.1M, down 54% from $157M the previous quarter. Its ten largest holdings account for 73% of the portfolio.
Granite Point Capital Management withdrew a net $60.9M in Q1 2023, closing 55 positions and reducing 20 holdings. Its most notable exit was Trip.com Group, an estimated $5.5M position sold in full.
By sector, the portfolio is most concentrated in Technology at 7.9% of assets, up from 6.7% a quarter earlier, followed by Consumer Discretionary and Communication Services.
Against the trend, Granite Point Capital Management opened a new position in Tandem Diabetes Care worth $609K.
- Granite Point Capital Management's largest Q1 2023 buy was Tandem Diabetes Care: 15,000 shares worth $609K.
- Granite Point Capital Management added most to Adicet Bio in Q1 2023, an estimated $163K increase.
- Granite Point Capital Management's biggest Q1 2023 reduction was VanEck Gold Miners ETF, cutting an estimated $6.35M.
- Granite Point Capital Management fully exited Trip.com Group in Q1 2023, selling an estimated $5.5M.
- Granite Point Capital Management's ten largest holdings make up 73% of its $72.1M portfolio in Q1 2023.
- Granite Point Capital Management opened 18 new positions and closed 55 in Q1 2023.
- Granite Point Capital Management's portfolio value fell 54% quarter-over-quarter to $72.1M.
Based on Granite Point Capital Management's 13F filing for Q1 2023, filed 11 May 2023.