SEC 13F Intelligence

Managers / Q2 2021

Mohican Financial Management, LLC

CIK 0001367663 · 21 RIVER RD, SUITE 2100, WILTON, CT, 06897 · 203-423-8029

Reported Value
$256M
Q2 2021
Positions
70
Filings on Record
11
2019–present window
Filed
Jul 28, 2021
original filing

Summary

Mohican Financial Management, LLC reported $256M in U.S.-listed holdings across 70 positions for Q2 2021.

Its largest position, Varex Imaging, represents 3.5% of the portfolio.

Compared with Q1 2021, the fund opened 22 new positions and exited 3.

Portfolio Metrics

Turnover
+4.6%
vs prior filed quarter
Top-10 Concentration
+26.7%
share of reported value
Largest Position
+3.5%
Varex Imaging
New / Exited
22 / 3
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: $24MQ4 ’18Q1 ’19: $31MQ2 ’19: $68MQ2 ’19Q3 ’19: $65MQ4 ’19: $64MQ4 ’19Q1 ’20: $70MQ2 ’20: $55MQ2 ’20Q3 ’20: $80MQ4 ’20: $98MQ4 ’20Q1 ’21: $154MQ2 ’21: $256MQ2 ’21filingsflow.com

Portfolio Composition

By security type
US DOMESTIC: 95.0%GLOBAL: 5.0%
  • US DOMESTIC · 95.0% · $243M
  • GLOBAL · 5.0% · $13M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
VAREX IMAGING CORPNEW+6.00M6.00M+$9M$9M
JAZZ INVESTMENTS I LTDNEW+4.84M4.84M+$7M$7M
CLOUDFLARE INCNEW+2.00M2.00M+$6M$6M
CALLAWAY GOLF CONEW+2.67M2.67M+$5M$5M
PETIQ INCNEW+3.30M3.30M+$5M$5M
RAPID7 INCNEW+2.75M2.75M+$5M$5M
MODEL N INCNEW+3.50M3.50M+$4M$4M
AMERICAN EAGLE OUTFITTERS INNEW+1.00M1.00M+$4M$4M

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

Holdings — Q2 2021

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1VAREX IMAGING CORPNOTE 4.000% 6/03.49%$9M6.00M
2GRANITE CONSTR INCNOTE 2.750%11/03.25%$8M5.69M
3AMERICAN AIRLS GROUP INCNOTE 6.500% 7/03.09%$8M5.00M
4HELIX ENERGY SOLUTIONS GRP INOTE 6.750% 2/12.74%$7M5.63M
5WORKIVA INCNOTE 1.125% 8/12.71%$7M4.50M
6JAZZ INVESTMENTS I LTDNOTE 2.000% 6/12.54%$7M4.84M
7Q2 HLDGS INCNOTE 0.750% 6/02.42%$6M4.70M
8CLOUDFLARE INCNOTE 0.750% 5/12.19%$6M2.00M
9CALLAWAY GOLF CONOTE 2.750% 5/02.11%$5M2.67M
10MONGODB INCNOTE 0.250% 1/12.10%$5M3.00M
11SMART GLOBAL HLDGS INCNOTE 2.250% 2/12.06%$5M3.88M
12PETIQ INCNOTE 4.000% 6/01.94%$5M3.30M
13CONMED CORPNOTE 2.625% 2/01.90%$5M3.00M
14KBR INCNOTE 2.500%11/01.85%$5M3.00M
15GUIDEWIRE SOFTWARE INCNOTE 1.250% 3/11.81%$5M3.98M
16IMPINJ INCNOTE 2.000%12/11.80%$5M2.85M
17RAPID7 INCNOTE 2.250% 5/01.80%$5M2.75M
18ALLSCRIPTS HEALTHCARE SOLUTNNOTE 0.875% 1/01.79%$5M3.09M
19INFINERA CORPNOTE 2.500% 3/01.79%$5M3.00M
20MODEL N INCNOTE 2.625% 6/01.75%$4M3.50M
21INTERDIGITAL INCNOTE 2.000% 6/01.73%$4M4.00M
22HARMONIC INCDBCV 2.000% 9/01.72%$4M3.75M
23LUMENTUM HLDGS INCNOTE 0.500%12/11.71%$4M4.00M
24AMERICAN EAGLE OUTFITTERS INNOTE 3.750% 4/11.71%$4M1.00M
25FTI CONSULTING INCNOTE 2.000% 8/11.67%$4M3.00M
26ZYNGA INCNOTE 0.250% 6/01.63%$4M3.00M
27PALO ALTO NETWORKS INCNOTE 0.375% 6/01.59%$4M3.00M
28COUPA SOFTWARE INCNOTE 0.375% 6/11.58%$4M3.50M
29ENCORE CAP GROUP INCNOTE 3.250%10/01.51%$4M2.84M
30INSIGHT ENTERPRISES INCNOTE 0.750% 2/11.50%$4M2.50M
31VEONEER INCNOTE 4.000% 6/01.47%$4M3.00M
32EXACT SCIENCES CORPNOTE 1.000% 1/11.44%$4M2.08M
33EVOLENT HEALTH INCNOTE 1.500%10/11.43%$4M3.80M
34WINNEBAGO INDS INCNOTE 1.500% 4/01.40%$4M2.75M
35GREENBRIER COS INCNOTE 2.875% 2/01.36%$3M3.29M
36GLAUKOS CORPNOTE 2.750% 6/11.35%$3M2.05M
37VONAGE HLDGS CORPNOTE 1.750% 6/01.34%$3M3.05M
38PENN NATL GAMING INCNOTE 2.750% 5/11.31%$3M1.00M
39SSR MNG INCNOTE 2.500% 4/01.26%$3M2.71M
40FLEXION THERAPEUTICS INCNOTE 3.375% 5/01.25%$3M3.55M
41HUBSPOT INCNOTE 0.375% 6/01.25%$3M1.50M
42MESA LABS INCNOTE 1.375% 8/11.21%$3M2.70M
43TABULA RASA HEALTHCARE INCNOTE 1.750% 2/11.19%$3M3.00M
44HEALTH CATALYST INCNOTE 2.500% 4/11.10%$3M1.45M
451LIFE HEALTHCARE INCNOTE 3.000% 6/11.08%$3M2.50M
46EVERBRIDGE INCNOTE 0.125%12/11.06%$3M2.00M
47KAMAN CORPNOTE 3.250% 5/01.05%$3M2.51M
48NUVASIVE INCNOTE 0.375% 3/11.05%$3M2.70M
49EVENTBRITE INCNOTE 5.000%12/01.03%$3M1.50M
50PAGERDUTY INCNOTE 1.250% 7/01.01%$3M2.00M

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q2 2021$256M70Jul 28, 202113F-HRchanges · EDGAR ↗
Q1 2021$154M51Apr 29, 202113F-HRchanges · EDGAR ↗
Q4 2020$98M46Jan 14, 202113F-HRchanges · EDGAR ↗
Q3 2020$80M47Oct 20, 202013F-HRchanges · EDGAR ↗
Q2 2020$55M40Jul 20, 202013F-HRchanges · EDGAR ↗
Q1 2020$70M47Apr 29, 202013F-HRchanges · EDGAR ↗
Q4 2019$64M40Jan 28, 202013F-HRchanges · EDGAR ↗
Q3 2019$65M46Oct 25, 201913F-HRchanges · EDGAR ↗
Q2 2019$68M49Jul 11, 201913F-HRchanges · EDGAR ↗
Q1 2019$31M31Apr 23, 201913F-HRchanges · EDGAR ↗
Q4 2018$24M30Jan 29, 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 ↗.