Sabby Management Portfolio holdings

Sabby Management's Q1 2020 Portfolio in Review

As of Q1 2020, Sabby Management held 117 positions worth $241M, down 33% from $361M the previous quarter. Its ten largest holdings account for 82% of the portfolio.

Sabby Management deployed $14.3M of net new capital in Q1 2020, opening 44 new positions and adding to 16 existing holdings. Its largest new stake was State Street Health Care Select Sector SPDR ETF: 34,410 shares worth $3.05M.

By sector, the portfolio is most concentrated in Miscellaneous at 91% of assets, down from 94% a quarter earlier, followed by Healthcare and Technology.

On the sell side, the largest reduction was SPDR Gold Trust, an estimated $2.92M trimmed.

• Sabby Management's largest Q1 2020 buy was State Street Health Care Select Sector SPDR ETF: 34,410 shares worth $3.05M.
• Sabby Management added most to Outlook Therapeutics in Q1 2020, an estimated $2.36M increase.
• Sabby Management's biggest Q1 2020 reduction was SPDR Gold Trust, cutting an estimated $2.92M.
• Sabby Management fully exited Traws Pharma in Q1 2020, selling an estimated $3.35M.
• Sabby Management's ten largest holdings make up 82% of its $241M portfolio in Q1 2020.
• Sabby Management opened 44 new positions and closed 31 in Q1 2020.
• Sabby Management's portfolio value fell 33% quarter-over-quarter to $241M.

Based on Sabby Management's 13F filing for Q1 2020, filed 15 May 2020.