SEC 13F Intelligence

Managers / Q2 2020

SYMPHONY ASSET MANAGEMENT LLC

CIK 0001030815 · 555 CALIFORNIA STREET, SUITE 3100, SAN FRANCISCO, CA, 94104 · 4156764000

Reported Value
$309M
Q2 2020
Positions
41
Filings on Record
7
2019–present window
Filed
Aug 14, 2020
original filing

Summary

Symphony Asset Management LLC reported $309M in U.S.-listed holdings across 41 positions for Q2 2020.

Its largest position, Twitter, represents 9.0% of the portfolio.

Compared with Q1 2020, the fund opened 19 new positions and exited 21.

Portfolio Metrics

Turnover
+51.4%
vs prior filed quarter
Top-10 Concentration
+55.7%
share of reported value
Largest Position
+9.0%
Twitter
New / Exited
19 / 21
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $338MQ4 ’18Q1 ’19: $389MQ1 ’19Q2 ’19: $478MQ2 ’19Q3 ’19: $464MQ3 ’19Q4 ’19: $452MQ4 ’19Q1 ’20: $318MQ1 ’20Q2 ’20: $309MQ2 ’20filingsflow.com

Portfolio Composition

By security type
US DOMESTIC: 65.1%Common Stock: 26.8%ETP: 4.9%Closed-End Fund: 3.0%Other: 0.2%
  • US DOMESTIC · 65.1% · $202M
  • Common Stock · 26.8% · $83M
  • ETP · 4.9% · $15M
  • Closed-End Fund · 3.0% · $9M
  • Other · 0.2% · $746,000

Quarter-over-Quarter Changes full breakdown →

vs Q1 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
ZILLOW GROUP INCNEW+11.85M11.85M+$14M$14M
SPDR S&P 500 ETF TRUSTNEW+35.0K35.0K+$11M$11M
REALPAGE INCNEW+9.50M9.50M+$10M$10M
PLURALSIGHT INCNEW+10.00M10.00M+$9M$9M
COUPEURCOUPA SOFTWARE INCNEW+31.9K31.9K+$9M$9M
LIVEPERSON INCNEW+7.00M7.00M+$9M$9M
PANWPALO ALTO NETWORKS INCNEW+37.0K37.0K+$8M$8M
DDOGDATADOG INCNEW+79.9K79.9K+$7M$7M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q2 2020

38 positions
#IssuerClass% PortfolioValueShares
1TWITTER INCBOND9.01%$28M29.50M
2ON SEMICONDUCTOR CORPBOND8.68%$27M23.00M
3IHRTIHEARTMEDIA INChistory →SHS7.30%$23M2.71M
4TEVA PHARMACEUTICAL FINANCE CO LLCBOND5.57%$17M17.60M
58X8 INCBOND5.23%$16M18.00M
6AVYAUSDAVAYA HOLDINGS CORPSHS · BOND5.14%$16M6.93M
7LIGAND PHARMACEUTICALS INCBOND5.06%$16M18.00M
8ZILLOW GROUP INCBOND4.47%$14M11.85M
9FIREEYE INCBOND3.53%$11M12.00M
10REALPAGE INCBOND3.32%$10M9.50M
11PLURALSIGHT INCBOND2.87%$9M10.00M
12COUPEURCOUPA SOFTWARE INChistory →SHS2.86%$9M31.9K
13LIVEPERSON INCBOND2.81%$9M7.00M
14PANWPALO ALTO NETWORKS INChistory →SHS2.75%$8M37.0K
15CCOCLEAR CHANNEL OUTDOOR HOLDINGS INChistory →SHS2.73%$8M8.11M
16TUTOR PERINI CORPBOND2.48%$8M8.15M
17DDOGDATADOG INChistory →SHS2.25%$7M79.9K
18DISH NETWORK CORPBOND1.78%$6M6.00M
19RAPID7 INCBOND1.74%$5M4.00M
20ILLUMINA INCBOND1.72%$5M3.58M
21EVFEATON VANCE SENIOR INCOME TRUSThistory →ETF1.67%$5M968.6K
22SPIRIT AIRLINES INCBOND1.46%$5M3.00M
23LIVONGO HEALTH INCSHS1.45%$4M59.5K
24NUTANIX INCBOND1.43%$4M5.00M
25EATON VANCE FLOATING-RATE INCOME TRUSTETF1.30%$4M353.7K
26REDFIN CORPBOND0.96%$3M2.00M
27SM ENERGY COBOND0.89%$3M3.00M
28LUVSOUTHWEST AIRLINES COSHS0.88%$3M80.0K
29CMLSQCUMULUS MEDIA INCSHS0.70%$2M549.8K
30TDOCTELADOC HEALTH INCSHS0.62%$2M10.1K
31BKNGBOOKING HOLDINGS INCSHS0.62%$2M1.2K
32NUVAGBPNUVASIVE INCSHS0.54%$2M29.8K
33DC4DEXCOM INCSHS0.38%$1M2.9K
34NABORS INDUSTRIES INCBOND0.26%$808,0002.18M
35TRANSOCEAN LTDSHS0.24%$746,000407.6K
36KARYOPHARM THERAPEUTICS INCBOND0.23%$701,000500.0K
37ZSZSCALER INCSHS0.20%$618,0005.6K
38TELIGENT INC/NJBOND0.00%$06.09M

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q2 2020$309M41Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$318M43May 12, 202013F-HRchanges · EDGAR ↗
Q4 2019$452M167Feb 13, 202013F-HRchanges · EDGAR ↗
Q3 2019$464M173Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019$478M172Aug 14, 201913F-HRchanges · EDGAR ↗
Q1 2019$389M175May 14, 201913F-HRchanges · EDGAR ↗
Q4 2018$338M164Feb 14, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.