Granite Point Capital Management Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
SLNO
Soleno Therapeutics
SLNO
|
+$6.36M |
| 2 |
Magnite
MGNI
|
+$5.64M |
| 3 |
EVRI
Everi Holdings
EVRI
|
+$4.32M |
| 4 |
SIEN
Sientra, Inc.
SIEN
|
+$4.24M |
| 5 |
MNTV
Momentive Global Inc. Common Stock
MNTV
|
+$4.01M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$6.76M |
| 2 |
VanEck Gold Miners ETF
GDX
|
+$5.59M |
| 3 |
DraftKings
DKNG
|
+$3.32M |
| 4 |
Teekay
TK
|
+$2.94M |
| 5 |
GTLS
Chart Industries
GTLS
|
+$2.9M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 3.12% |
| 2 | Consumer Discretionary | 2.18% |
| 3 | Communication Services | 1.15% |
| 4 | Technology | 1.11% |
| 5 | Financials | 0.59% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
TWO
151
Two Harbors Investment
TWO
$1.26B
| – | – |
-25,000
| Closed | -$381K |
|
152
CALL
State Street Energy Select Sector SPDR ETF
XLE
$37.6B
| – | – |
-500,000
| Closed | -$7.26M |
|
153
CALL
State Street SPDR S&P Metals & Mining ETF
XME
$4.28B
| – | – |
-450,000
| Closed | -$7.26M |
|
154
CALL
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.49B
| – | – |
-250,000
| Closed | -$8.22M |
|
155
Zoom
ZM
$29.5B
| – | – |
-13,000
| Closed | -$1.9M |
|
|
IMVTW
156
DELISTED
Immunovant, Inc. Warrants expiring 12/18/2024
IMVTW
| – | – |
-250,000
| Closed | -$600K |
|
Similar funds
Granite Point Capital Management's Q2 2020 Portfolio in Review
As of Q2 2020, Granite Point Capital Management held 163 positions worth $1.96B, up 1,009% from $177M the previous quarter. Its ten largest holdings account for 71% of the portfolio.
Granite Point Capital Management deployed $1.58B of net new capital in Q2 2020, opening 90 new positions and adding to 15 existing holdings. Its largest new stake was Soleno Therapeutics: 146,667 shares worth $4.88M.
By sector, the portfolio is most concentrated in Healthcare at 3.1% of assets, down from 13% a quarter earlier, followed by Consumer Discretionary and Communication Services.
On the sell side, the largest reduction was Amazon, an estimated $6.76M trimmed.
- Granite Point Capital Management's largest Q2 2020 buy was Soleno Therapeutics: 146,667 shares worth $4.88M.
- Granite Point Capital Management added most to Sientra, Inc. in Q2 2020, an estimated $4.24M increase.
- Granite Point Capital Management's biggest Q2 2020 reduction was Amazon, cutting an estimated $6.76M.
- Granite Point Capital Management fully exited Teekay in Q2 2020, selling an estimated $2.94M.
- Granite Point Capital Management's ten largest holdings make up 71% of its $1.96B portfolio in Q2 2020.
- Granite Point Capital Management opened 90 new positions and closed 23 in Q2 2020.
- Granite Point Capital Management's portfolio value rose 1,009% quarter-over-quarter to $1.96B.
Based on Granite Point Capital Management's 13F filing for Q2 2020, filed 12 Aug 2020.