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
+2.51%
1 Year Est. Return
-42.29%
3 Year Est. Return
-18.38%
5 Year Est. Return
+32.21%
10 Year Est. Return
–
AUM
$2.52B
AUM Growth
-$183M
(-6.8%)
Cap. Flow
-$134M
Cap. Flow
% of AUM
-5.3%
Top 10 Holdings %
Top 10 Hldgs %
47.07%
Holding
81
New
34
Increased
7
Reduced
14
Closed
23
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Autodesk
ADSK
|
+$93.5M |
| 2 |
Broadcom
AVGO
|
+$75.4M |
| 3 |
Alibaba
BABA
|
+$67.4M |
| 4 |
Meta Platforms (Facebook)
META
|
+$66.4M |
| 5 |
LPL Financial
LPLA
|
+$62M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Spectrum Brands
SPB
|
+$136M |
| 2 |
Cognizant
CTSH
|
+$66.1M |
| 3 |
Synchrony
SYF
|
+$65.9M |
| 4 |
WP
Worldpay, Inc.
WP
|
+$61.3M |
| 5 |
DISH
DISH Network Corp.
DISH
|
+$53.3M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 16.64% |
| 2 | Technology | 11.63% |
| 3 | Consumer Discretionary | 11.57% |
| 4 | Financials | 9% |
| 5 | Consumer Staples | 7.36% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
PUT
State Street SPDR S&P 500 ETF Trust
SPY
$785B
| $395M | 15.66% |
1,500,000
| – | – |
|
|
2
Spectrum Brands
SPB
$2.04B
| $159M | 6.33% |
1,537,405
-1,267,112
| -45% | -$136M |
|
|
3
Autodesk
ADSK
$48.5B
| $98.6M | 3.91% |
+785,400
| New | +$93.5M |
|
4
Corpay
CPAY
$24.8B
| $97.7M | 3.87% |
482,268
-46,191
| -9% | -$9.37M |
|
|
WP
5
DELISTED
Worldpay, Inc.
WP
| $85M | 3.37% |
1,034,053
-773,035
| -43% | -$61.3M |
|
6
Service Corp International
SCI
$11.7B
| $78.5M | 3.12% |
2,081,085
+282,321
| +16% | +$10.8M |
|
7
Howmet Aerospace
HWM
$113B
| $71.5M | 2.84% |
4,048,348
-606,099
| -13% | -$12.3M |
|
|
8
Broadcom
AVGO
$1.85T
| $70.6M | 2.8% |
+2,994,000
| New | +$75.4M |
|
|
9
Alibaba
BABA
$292B
| $65.7M | 2.61% |
+358,000
| New | +$67.4M |
|
10
Humana
HUM
$44.2B
| $64.5M | 2.56% |
239,950
+149,950
| +167% | +$40.6M |
|
|
11
LPL Financial
LPLA
$28.1B
| $61.1M | 2.42% |
+1,000,080
| New | +$62M |
|
|
12
Meta Platforms (Facebook)
META
$1.4T
| $59.1M | 2.35% |
+370,000
| New | +$66.4M |
|
|
AMTD
13
DELISTED
TD Ameritrade Holding Corp
AMTD
| $57.2M | 2.27% |
+966,000
| New | +$54.8M |
|
14
Sarepta Therapeutics
SRPT
$1.61B
| $56.2M | 2.23% |
758,413
-168,812
| -18% | -$11.3M |
|
15
Visa
V
$679B
| $55M | 2.18% |
460,000
+235,000
| +104% | +$28.5M |
|
16
MGM Resorts International
MGM
$11.4B
| $52.9M | 2.1% |
+1,510,000
| New | +$53M |
|
|
EVHC
17
DELISTED
Envision Healthcare Holdings Inc
EVHC
| $49.1M | 1.95% |
1,277,502
+521,243
| +69% | +$19.5M |
|
18
Lowe's Companies
LOW
$117B
| $44.1M | 1.75% |
+503,000
| New | +$47.6M |
|
19
CALL
Merck
MRK
$321B
| $43.4M | 1.72% |
+835,780
| New | +$45.1M |
|
|
ALXN
20
CALL
DELISTED
Alexion Pharmaceuticals
ALXN
| $41.8M | 1.66% |
375,000
-275,000
| -42% | -$32.9M |
|
|
ALXN
21
PUT
DELISTED
Alexion Pharmaceuticals
ALXN
| $41.8M | 1.66% |
375,000
-275,000
| -42% | -$32.9M |
|
|
FOLD
22
DELISTED
Amicus Therapeutics
FOLD
| $40.3M | 1.6% |
2,678,300
-610,000
| -19% | -$9.28M |
|
|
ALXN
23
DELISTED
Alexion Pharmaceuticals
ALXN
| $39.9M | 1.58% |
357,816
-241,157
| -40% | -$28.8M |
|
|
GWPH
24
CALL
DELISTED
GW Pharmaceuticals Plc American Depositary Shares
GWPH
| $39.4M | 1.56% |
+350,000
| New | +$44M |
|
|
GWPH
25
PUT
DELISTED
GW Pharmaceuticals Plc American Depositary Shares
GWPH
| $39.4M | 1.56% |
+350,000
| New | +$44M |
|
Similar funds
BC
LBG
TGA
ACM
MGFS
LA
CT
NMM
Tourbillon Capital Partners's Q1 2018 Portfolio in Review
As of Q1 2018, Tourbillon Capital Partners held 81 positions worth $2.52B, down 6.8% from $2.7B the previous quarter. Its ten largest holdings account for 47% of the portfolio.
Tourbillon Capital Partners withdrew a net $134M in Q1 2018, closing 23 positions and reducing 14 holdings. Its most notable exit was Cognizant, an estimated $66.1M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 17% of assets, up from 13% a quarter earlier, followed by Technology and Consumer Discretionary.
Against the trend, Tourbillon Capital Partners opened a new position in Autodesk worth $98.6M.
- Tourbillon Capital Partners's largest Q1 2018 buy was Autodesk: 785,400 shares worth $98.6M.
- Tourbillon Capital Partners added most to Humana in Q1 2018, an estimated $40.6M increase.
- Tourbillon Capital Partners's biggest Q1 2018 reduction was Spectrum Brands, cutting an estimated $136M.
- Tourbillon Capital Partners fully exited Cognizant in Q1 2018, selling an estimated $66.1M.
- Tourbillon Capital Partners's ten largest holdings make up 47% of its $2.52B portfolio in Q1 2018.
- Tourbillon Capital Partners opened 34 new positions and closed 23 in Q1 2018.
- Tourbillon Capital Partners's portfolio value fell 6.8% quarter-over-quarter to $2.52B.
Based on Tourbillon Capital Partners's 13F filing for Q1 2018, filed 15 May 2018.