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Tenor Capital Management Portfolio holdings

AUM $6.49B
1-Year Est. Return 3.01%
This Fund
S&P 500
This Quarter Est. Return
-0.08%
1 Year Est. Return
+3.01%
3 Year Est. Return
+3.92%
5 Year Est. Return
+4.42%
10 Year Est. Return
+12.15%
AUM
$509M
AUM Growth
-$69.4M
Cap. Flow
-$378M
Cap. Flow %
-74.26%
Top 10 Hldgs %
55.9%
Holding
54
New
5
Increased
Reduced
2
Closed
5

Sector Composition

Rank Sector Weight
1 Healthcare 1.88%
2 Energy 0.09%
3 Technology 0%
4 Industrials 0%
5 Materials 0%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake
Capital Flow
FTRPR
1
DELISTED
Frontier Communications Corporation 11.125% Series A Mandatory Convertible Preferred Stock
FTRPR
$7.46M 1.46%
+75,000
New +$7.53M
MNKD icon
2
MannKind Corp
MNKD
$1.21B
$6.38M 1.25%
224,181
-18,831
-8% -$481K
ETRM
3
DELISTED
EnteroMedics Inc.
ETRM
$1.89M 0.37%
+2,903
New +$3.34M
PLUR icon
4
Pluri
PLUR
$16.2M
$1.33M 0.26%
+6,600
New +$1.45M
LEU icon
5
Centrus Energy
LEU
$3.45B
$449K 0.09%
+108,650
New +$516K
RCPI
6
DELISTED
ROCK CREEK PHARMACEUTICALS INC COM STK (DE)
RCPI
$283K 0.06%
+185,911
New +$443K
CVM.WS
7
DELISTED
Cel-Sci Corp Series S
CVM.WS
$84K 0.02%
628,350
-1,400
-0.2% -$332
SCON
8
DELISTED
Superconductor Technologies Inc.
SCON
$23K ﹤0.01%
15
LTBR icon
9
Lightbridge
LTBR
$264M
-179
Closed -$13K
CSCI
10
DELISTED
COSCIENS Biopharma Inc. Common Stock
CSCI
-573
Closed -$3.07M
SPPI
11
PUT
DELISTED
Spectrum Pharmaceuticals Inc
SPPI
-62,300
Closed -$378K
MCP
12
DELISTED
MOLYCORP INC COM STK
MCP
-1,342,341
Closed -$517K
ACT.PRA
13
DELISTED
ACTAVIS PLC Pfd Conv Ser A (Irl)
ACT.PRA
-10,000
Closed -$10.3M

Similar funds

Tenor Capital Management's Q2 2015 Portfolio in Review

As of Q2 2015, Tenor Capital Management held 54 positions worth $509M, down 12% from $579M the previous quarter. Its ten largest holdings account for 56% of the portfolio.

Tenor Capital Management withdrew a net $378M in Q2 2015, closing 5 positions and reducing 2 holdings. Its most notable exit was ACTAVIS PLC Pfd Conv Ser A (Irl), an estimated $10.3M position sold in full.

By sector, the portfolio is most concentrated in Healthcare at 1.9% of assets, up from 1.6% a quarter earlier, followed by Energy and Technology.

Against the trend, Tenor Capital Management opened a new position in Frontier Communications Corporation 11.125% Series A Mandatory Convertible Preferred Stock worth $7.46M.

  • Tenor Capital Management's largest Q2 2015 buy was Frontier Communications Corporation 11.125% Series A Mandatory Convertible Preferred Stock: 75,000 shares worth $7.46M.
  • Tenor Capital Management's biggest Q2 2015 reduction was MannKind Corp, cutting an estimated $481K.
  • Tenor Capital Management fully exited ACTAVIS PLC Pfd Conv Ser A (Irl) in Q2 2015, selling an estimated $10.3M.
  • Tenor Capital Management's ten largest holdings make up 56% of its $509M portfolio in Q2 2015.
  • Tenor Capital Management opened 5 new positions and closed 5 in Q2 2015.
  • Tenor Capital Management's portfolio value fell 12% quarter-over-quarter to $509M.

Based on Tenor Capital Management's 13F filing for Q2 2015, filed 14 Aug 2015.