We are live on
!
Find out more
TCP
Tourbillon Capital Partners Portfolio holdings
AUM
$6.26M
1-Year Est. Return
42.29%
This Fund
S&P 500
This Quarter
Est. Return
+5.74%
1 Year Est. Return
-42.29%
3 Year Est. Return
-18.38%
5 Year Est. Return
+32.21%
10 Year Est. Return
–
AUM
$3.88B
AUM Growth
-$1.32B
(-25%)
Cap. Flow
-$1.5B
Cap. Flow
% of AUM
-38.67%
Top 10 Holdings %
Top 10 Hldgs %
49.4%
Holding
90
New
29
Increased
13
Reduced
13
Closed
34
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
CIT
CIT Group Inc.
CIT
|
+$116M |
| 2 |
Gartner
IT
|
+$95.7M |
| 3 |
Baidu
BIDU
|
+$81.2M |
| 4 |
Walt Disney
DIS
|
+$79M |
| 5 |
Cigna
CI
|
+$62.5M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Expedia Group
EXPE
|
+$204M |
| 2 |
Trip.com Group
TCOM
|
+$135M |
| 3 |
DISH
DISH Network Corp.
DISH
|
+$120M |
| 4 |
Jazz Pharmaceuticals
JAZZ
|
+$82.6M |
| 5 |
HRG
HRG Group, Inc.
HRG
|
+$72.6M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Communication Services | 22.7% |
| 2 | Financials | 13.02% |
| 3 | Healthcare | 10.24% |
| 4 | Consumer Staples | 8.77% |
| 5 | Consumer Discretionary | 7.73% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
51
SITE Centers
SITC
$225M
| $9.4M | 0.24% |
+582,075
| New | +$10.7M |
|
|
52
CALL
Jazz Pharmaceuticals
JAZZ
$15.9B
| $7.26M | 0.19% |
+50,000
| New | +$6.51M |
|
53
Heron Therapeutics
HRTX
$93.9M
| $6.15M | 0.16% |
+410,000
| New | +$5.67M |
|
|
54
CALL
SITE Centers
SITC
$225M
| $6.09M | 0.16% |
+376,952
| New | +$6.95M |
|
|
PTLA
55
CALL
DELISTED
Portola Pharmaceuticals, Inc.
PTLA
| $4.07M | 0.1% |
+103,800
| New | +$3.31M |
|
56
CALL
Green Plains
GPRE
$1.18B
| $1.24M | 0.03% |
+50,000
| New | +$1.19M |
|
57
PUT
Aecom
ACM
$9.3B
| – | – |
-349,100
| Closed | -$12.7M |
|
58
CALL
American Homes 4 Rent
AMH
$12B
| – | – |
-429,000
| Closed | -$9M |
|
59
Broadcom
AVGO
$1.85T
| – | – |
-3,210,000
| Closed | -$56.7M |
|
|
60
CALL
Baidu
BIDU
$37.7B
| – | – |
-120,000
| Closed | -$19.7M |
|
61
CALL
Citigroup
C
$222B
| – | – |
-1,750,000
| Closed | -$104M |
|
|
62
Citigroup
C
$222B
| – | – |
-800,973
| Closed | -$47.6M |
|
63
CALL
eBay
EBAY
$50.6B
| – | – |
-450,000
| Closed | -$13.4M |
|
|
64
CALL
Expedia Group
EXPE
$35.4B
| – | – |
-773,500
| Closed | -$87.6M |
|
|
65
Expedia Group
EXPE
$35.4B
| – | – |
-1,803,451
| Closed | -$204M |
|
66
Fortinet
FTNT
$119B
| – | – |
-3,000,000
| Closed | -$18.1M |
|
67
PUT
iShares Russell 2000 ETF
IWM
$79.8B
| – | – |
-4,500,000
| Closed | -$607M |
|
68
PUT
Primerica
PRI
$9.98B
| – | – |
-162,000
| Closed | -$11.2M |
|
69
PUT
SS&C Technologies
SSNC
$18.1B
| – | – |
-850,000
| Closed | -$24.3M |
|
70
CALL
Seagate
STX
$194B
| – | – |
-850,000
| Closed | -$32.4M |
|
|
71
Seagate
STX
$194B
| – | – |
-1,552,595
| Closed | -$59.3M |
|
|
72
CALL
Trip.com Group
TCOM
$29.6B
| – | – |
-1,134,700
| Closed | -$45.4M |
|
73
Western Digital
WDC
$188B
| – | – |
-985,635
| Closed | -$50.6M |
|
|
X
74
PUT
DELISTED
US Steel
X
| – | – |
-1,000,000
| Closed | -$33M |
|
75
PUT
State Street Industrial Select Sector SPDR ETF
XLI
$32.8B
| – | – |
-3,750,000
| Closed | -$233M |
|
Similar funds
BC
LBG
TGA
ACM
MGFS
LA
CT
NMM
Tourbillon Capital Partners's Q1 2017 Portfolio in Review
As of Q1 2017, Tourbillon Capital Partners held 90 positions worth $3.88B, down 25% from $5.2B the previous quarter. Its ten largest holdings account for 49% of the portfolio.
Tourbillon Capital Partners withdrew a net $1.5B in Q1 2017, closing 34 positions and reducing 13 holdings. Its most notable exit was Expedia Group, an estimated $204M position sold in full.
By sector, the portfolio is most concentrated in Communication Services at 23% of assets, up from 13% a quarter earlier, followed by Financials and Healthcare.
Against the trend, Tourbillon Capital Partners opened a new position in Gartner worth $100M.
- Tourbillon Capital Partners's largest Q1 2017 buy was Gartner: 928,764 shares worth $100M.
- Tourbillon Capital Partners added most to CIT Group Inc. in Q1 2017, an estimated $116M increase.
- Tourbillon Capital Partners's biggest Q1 2017 reduction was Trip.com Group, cutting an estimated $135M.
- Tourbillon Capital Partners fully exited Expedia Group in Q1 2017, selling an estimated $204M.
- Tourbillon Capital Partners's ten largest holdings make up 49% of its $3.88B portfolio in Q1 2017.
- Tourbillon Capital Partners opened 29 new positions and closed 34 in Q1 2017.
- Tourbillon Capital Partners's portfolio value fell 25% quarter-over-quarter to $3.88B.
Based on Tourbillon Capital Partners's 13F filing for Q1 2017, filed 15 May 2017.