Managers / Q1 2021 · view latest →
Cheyne Capital Management (UK) LLP
CIK 0001390457 · STORNOWAY HOUSE, 13 CLEVELAND ROW, LONDON, X0, SW1A 1DH · 011-44(0)2070317450
Reported Value
$158M
Q1 2021
Positions
100
Filings on Record
22
2019–present window
Filed
May 14, 2021
original filing
Summary
Cheyne Capital Management (UK) LLP reported $158M in U.S.-listed holdings across 100 positions for Q1 2021.
Its largest position, MSOS, represents 8.1% of the portfolio.
Compared with Q4 2020, the fund opened 62 new positions and exited 50.
Portfolio Metrics
Turnover
+47.8%
vs prior filed quarter
Top-10 Concentration
+32.7%
share of reported value
Largest Position
+8.1%
Advisorshares Tr
New / Exited
62 / 50
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, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. 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
Portfolio Composition
By security type
- US DOMESTIC · 41.1% · $65M
- Common Stock · 19.7% · $31M
- Other · 19.2% · $30M
- ETP · 11.1% · $18M
- ADR · 5.0% · $8M
- Other · 3.9% · $6M
Quarter-over-Quarter Changes full breakdown →
vs Q4 2020 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| MSOSADVISORSHARES TR | NEW | +302.7K | 302.7K | +$13M | $13M |
| DMY TECHNOLOGY GROUP INC III | NEW | +540.5K | 540.5K | +$6M | $6M |
| FSLYFASTLY INC | NEW | +71.8K | 71.8K | +$5M | $5M |
| CRWDCROWDSTRIKE HLDGS INC | NEW | +21.2K | 21.2K | +$4M | $4M |
| UUNITY SOFTWARE INC | NEW | +37.7K | 37.7K | +$4M | $4M |
| JDJD.COM INC | NEW | +40.0K | 40.0K | +$3M | $3M |
| FXIISHARES TR | NEW | +65.0K | 65.0K | +$3M | $3M |
| KALEYRA INC | NEW | +204.5K | 204.5K | +$3M | $3M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q1 2021
99 positions
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | MSOSADVISORSHARES TRhistory → | PURE US CANNABIS | 8.14% | $13M | 302.7K |
| 2 | DMY TECHNOLOGY GROUP INC III | COM CLASS A | 3.69% | $6M | 540.5K |
| 3 | AKAMAI TECHNOLOGIES INC | NOTE 0.375% 9/0 | 3.15% | $5M | 4.57M |
| 4 | FSLYFASTLY INChistory → | CL A | 3.06% | $5M | 71.8K |
| 5 | ABXBARRICK GOLD CORPhistory → | COM | 2.51% | $4M | 200.0K |
| 6 | PALO ALTO NETWORKS INC | NOTE 0.750% 7/0 | 2.48% | $4M | 2.96M |
| 7 | CRWDCROWDSTRIKE HLDGS INChistory → | CL A | 2.46% | $4M | 21.2K |
| 8 | NRG ENERGY INC | DBCV 2.750% 6/0 | 2.44% | $4M | 3.30M |
| 9 | ARES CAPITAL CORP | NOTE 3.750% 2/0 | 2.43% | $4M | 3.71M |
| 10 | UUNITY SOFTWARE INChistory → | COM | 2.40% | $4M | 37.7K |
| 11 | FXIISHARES TR | CHINA LG-CAP ETF · RUSSELL 2000 ETF | 2.39% | $4M | 65.4K |
| 12 | JDJD.COM INChistory → | SPON ADR CL A | 2.14% | $3M | 40.0K |
| 13 | PROOFPOINT INC | NOTE 0.250% 8/1 | 2.09% | $3M | 3.10M |
| 14 | EURONET WORLDWIDE INC | NOTE 0.750% 3/1 | 2.04% | $3M | 2.81M |
| 15 | EXACT SCIENCES CORP | NOTE 0.375% 3/0 | 2.02% | $3M | 2.47M |
| 16 | WESTERN DIGITAL CORP. | NOTE 1.500% 2/0 | 2.01% | $3M | 3.10M |
| 17 | PRICELINE GRP INC | NOTE 0.900% 9/1 | 1.96% | $3M | 2.63M |
| 18 | PINDUODUO INC | NOTE 12/0 | 1.96% | $3M | 2.92M |
| 19 | FIREEYE INC | NOTE 0.875% 6/0 | 1.87% | $3M | 2.61M |
| 20 | BIOMARIN PHARMACEUTICAL INC | NOTE 0.599% 8/0 | 1.84% | $3M | 2.82M |
| 21 | KALEYRA INC | COM | 1.83% | $3M | 204.5K |
| 22 | INSULET CORP | NOTE 0.375% 9/0 | 1.80% | $3M | 2.14M |
| 23 | ILLUMINA INC | NOTE 8/1 | 1.76% | $3M | 2.33M |
| 24 | FORTIVE CORP | NOTE 0.875% 2/1 | 1.69% | $3M | 2.63M |
| 25 | FCXFREEPORT-MCMORAN INChistory → | CL B | 1.57% | $2M | 75.0K |
| 26 | DMYDDMY TECHNOLOGY GROUP INC IIhistory → | COM CL A | 1.50% | $2M | 161.3K |
| 27 | SPIRIT RLTY CAP INC NEW | NOTE 3.750% 5/1 | 1.43% | $2M | 2.25M |
| 28 | CYBERARK SOFTWARE LTD | NOTE 11/1 | 1.42% | $2M | 2.07M |
| 29 | TWITTER INC | NOTE 0.250% 6/1 | 1.34% | $2M | 1.58M |
| 30 | SOUTHWEST AIRLS CO | NOTE 1.250% 5/0 | 1.21% | $2M | 1.11M |
| 31 | SESEA LTDhistory → | SPONSORD ADS | 1.16% | $2M | 8.2K |
| 32 | GORES GUGGENHEIM INC | UNIT 03/25/2028 | 1.12% | $2M | 177.5K |
| 33 | LUMENTUM HLDGS INC | NOTE 0.500%12/1 | 0.98% | $2M | 1.33M |
| 34 | LIBERTY MEDIA CORP DEL | NOTE 1.000% 1/3 | 0.98% | $2M | 1.22M |
| 35 | MELIMERCADOLIBRE INC | COM | 0.93% | $1M | 1.0K |
| 36 | RINGCENTRAL INC | NOTE 3/0 | 0.92% | $1M | 1.33M |
| 37 | SPLUNK INC | NOTE 1.125% 9/1 | 0.90% | $1M | 1.20M |
| 38 | OZONOZON HLDGS PLC | SPONSORED ADS | 0.89% | $1M | 25.0K |
| 39 | M3 BRIGADE ACQUISITION II CO | UNIT 99/99/9999 | 0.89% | $1M | 140.9K |
| 40 | CNSTCONSTELLATION PHARMCETICLS I | COM | 0.87% | $1M | 58.7K |
| 41 | NEW RELIC INC | NOTE 0.500% 5/0 | 0.85% | $1M | 1.37M |
| 42 | VIAVI SOLUTIONS INC | NOTE 1.000% 3/0 | 0.78% | $1M | 935.0K |
| 43 | VALEVALE S A | SPONSORED ADS | 0.77% | $1M | 70.0K |
| 44 | SHOPIFY INC | NOTE 0.125%11/0 | 0.72% | $1M | 1.00M |
| 45 | ALTERYX INC | NOTE 0.500% 8/0 | 0.62% | $981,000 | 1.05M |
| 46 | PPLTABERDEEN STD PLATINUM ETF TR | PHYSCL PLATM SHS | 0.62% | $974,000 | 8.8K |
| 47 | SUSUNCOR ENERGY INC NEW | COM | 0.61% | $968,000 | 46.3K |
| 48 | ADARA ACQUISITION CORP | UNIT 99/99/9999 | 0.56% | $889,000 | 89.7K |
| 49 | FORTRESS VALUE ACQUISI CORP | UNIT 03/31/2028 | 0.56% | $879,000 | 88.7K |
| 50 | CCJCAMECO CORP | COM | 0.53% | $831,000 | 50.0K |
| 51 | LERER HIPPEAU ACQUISITION CO | CL A | 0.51% | $797,000 | 80.5K |
| 52 | TECH AND ENERGY TRANSITION | UNIT 03/31/2028 | 0.42% | $666,000 | 66.6K |
| 53 | GROWTH CAP ACQUISITION CORP | UNIT 06/01/2027 | 0.41% | $646,000 | 65.2K |
| 54 | BOA ACQUISITION CORP | UNIT 99/99/9999 | 0.39% | $622,000 | 62.8K |
| 55 | OXYOCCIDENTAL PETE CORP | COM | 0.39% | $620,000 | 23.3K |
| 56 | MONUMENT CIRCLE ACQUISITN CO | UNIT 01/14/2026 | 0.39% | $619,000 | 62.8K |
| 57 | 890 5TH AVE PARTNERS INC | UNIT 01/12/2026 | 0.39% | $618,000 | 62.1K |
| 58 | FORESIGHT ACQUISITION CORP | UNIT 01/29/2026 | 0.39% | $616,000 | 62.1K |
| 59 | KKR ACQUISITION HOLDING I CO | UNIT 99/99/9999 | 0.38% | $601,000 | 60.0K |
| 60 | MCAP ACQUISITION CORP | RP UNIT 02/18/2030 | 0.38% | $600,000 | 60.3K |
| 61 | FIRST RESERVE SUSTAINABLE GW | UNIT 03/05/2026 | 0.38% | $600,000 | 60.0K |
| 62 | QUANTUM FINTECH ACQUISTIN CO | UNIT 10/30/2026 | 0.38% | $598,000 | 60.0K |
| 63 | PWP FORWARD ACQUISITION CORP | UNIT 03/10/2026 | 0.38% | $598,000 | 60.0K |
| 64 | TCW SPECIAL PURPOSE ACQU COR | UNIT 99/99/9999 | 0.38% | $597,000 | 60.0K |
| 65 | DHB CAPITAL CORP | UNIT 03/31/2028 | 0.38% | $595,000 | 60.0K |
| 66 | LEGATO MERGER CORP | UNIT 12/31/2025 | 0.38% | $592,000 | 58.4K |
| 67 | VIRTUOSO ACQUISITION CORP | UNIT 01/14/2025 | 0.38% | $592,000 | 60.0K |
| 68 | SCP & CO HEALTHCARE ACQUSTN | UNIT 10/27/2025 | 0.37% | $591,000 | 59.3K |
| 69 | METAFACEBOOK INC | CL A | 0.37% | $589,000 | 2.0K |
| 70 | CA HEALTHCARE ACQUISITION CO | UNIT 12/25/2025 | 0.36% | $575,000 | 58.0K |
| 71 | PROGRESS ACQUISITION CORP | UNIT 12/25/2025 | 0.35% | $554,000 | 56.3K |
| 72 | HAMILTON LANE ALLIANCE HLDGS | UNIT 99/99/9999 | 0.34% | $534,000 | 53.6K |
| 73 | SCIENCE STRATEGIC ACQ ALPHA | UNIT 01/20/2026 | 0.33% | $520,000 | 52.3K |
| 74 | MASON INDUSTRIAL TECHNOLGY I | UNIT 99/99/9999 | 0.33% | $517,000 | 52.0K |
| 75 | GORES TECHNOLOGY PARTNERS II | UNIT 03/16/2028 | 0.32% | $499,000 | 50.0K |
| 76 | MISSION ADVANCEMENT CORP | UNIT 99/99/9999 | 0.32% | $498,000 | 50.0K |
| 77 | TWELVE SEAS INVESTMENT CO II | UNIT 99/99/9999 | 0.32% | $498,000 | 50.5K |
| 78 | ARROWROOT ACQUISITION CORP | UNIT 01/29/2026 | 0.32% | $498,000 | 50.0K |
| 79 | PRIVETERRA ACQUISITION CORP | UNIT 99/99/9999 | 0.32% | $497,000 | 50.0K |
| 80 | CF ACQUISITION CORP VI | UNIT 99/99/9999 | 0.31% | $496,000 | 50.0K |
| 81 | PINE TECHNOLOGY ACQUISITN CO | UNIT 03/31/2028 | 0.31% | $496,000 | 50.0K |
| 82 | CF ACQUISITION CORP VIII | UNIT 03/31/2028 | 0.31% | $496,000 | 50.0K |
| 83 | BITE ACQUISITION CORP | UNIT 99/99/9999 | 0.31% | $494,000 | 50.0K |
| 84 | ADIT EDTECH ACQUISITION CORP | UNIT 99/99/9999 | 0.31% | $492,000 | 50.0K |
| 85 | EQ HEALTH ACQUISITION CORP | UNIT 02/02/2028 | 0.29% | $454,000 | 45.8K |
| 86 | CRCCALIFORNIA RES CORP | COM STOCK | 0.29% | $452,000 | 18.8K |
| 87 | CVXCHEVRON CORP NEW | COM | 0.26% | $412,000 | 3.9K |
| 88 | SPORTSTEK ACQUISITION CORP | UNIT 02/16/2028 | 0.26% | $404,000 | 40.6K |
| 89 | MDH ACQUISITION CORP | UNIT 99/99/9999 | 0.25% | $397,000 | 39.9K |
| 90 | ATLANTIC COASTAL ACQUISTN CO | UNIT 03/02/2026 | 0.25% | $394,000 | 40.0K |
| 91 | USHG ACQUISITION CORP | UNIT 99/99/9999 | 0.24% | $372,000 | 37.0K |
| 92 | GAMING & HOSPITALITY ACQU CO | UNIT 02/04/2028 | 0.19% | $297,000 | 30.0K |
| 93 | PURE STORAGE INC | NOTE 0.125% 4/1 | 0.18% | $286,000 | 260.0K |
| 94 | INSMED INC | NOTE 1.750% 1/1 | 0.18% | $279,000 | 250.0K |
| 95 | BERRY CORP | COM | 0.11% | $171,000 | 31.0K |
| 96 | CLARIM ACQUISITION CORP | UNIT 99/99/9999 | 0.10% | $165,000 | 16.6K |
| 97 | HAYMAKER ACQUISITION CORP II | UNIT 03/01/2026 | 0.10% | $159,000 | 16.0K |
| 98 | CLASS ACCELERATION CORP | UNIT 99/99/9999 | 0.08% | $120,000 | 12.1K |
| 99 | DMY TECHNOLOGY GROUP INC IV | UNIT 99/99/9999 | 0.06% | $100,000 | 10.0K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q4 2023 | $28M | 15 | Feb 12, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $35M | 24 | Oct 27, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $27M | 19 | Jul 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $32M | 22 | May 3, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | $57M | 59 | Feb 10, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | $47M | 35 | Nov 10, 2022 | RESTATEMENT | changes · EDGAR ↗ |
| Q2 2022 | $118M | 108 | Aug 5, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | $159M | 142 | May 10, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q4 2021 | $154M | 125 | Jan 26, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q3 2021 | $168M | 112 | Nov 12, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q2 2021 | $220M | 114 | Aug 12, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q1 2021 | $158M | 100 | May 14, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q4 2020 | $198M | 88 | Feb 10, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q3 2020 | $203M | 57 | Nov 16, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q2 2020 | $148M | 46 | Aug 12, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q1 2020 | $97M | 40 | May 7, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q4 2019 | $165M | 43 | Feb 12, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q3 2019 | $158M | 40 | Nov 12, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q2 2019 | $138M | 42 | Aug 8, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q1 2019 | $107M | 35 | May 10, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q4 2018 | $106M | 35 | Feb 5, 2019 | 13F-HR | changes · 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 ↗.