SEC 13F Intelligence

Managers / Q4 2020 · view latest →

Corriente Advisors, LLC

CIK 0001406718 · 1401 FOCH ST, SUITE 100, FORT WORTH, TX, 76107 · 8178700400

Reported Value
$420M
Q4 2020
Positions
19
Filings on Record
17
2020–present window
Filed
Feb 16, 2021
original filing

Summary

Corriente Advisors, LLC reported $420M in U.S.-listed holdings across 19 positions for Q4 2020.

The portfolio is heavily concentrated: Maxar Technologies alone accounts for 23.0% of reported value.

Compared with Q3 2020, the fund opened 11 new positions and exited 8.

Portfolio Metrics

Turnover
+12.1%
vs prior filed quarter
Top-10 Concentration
+88.9%
share of reported value
Largest Position
+23.0%
Maxar Technologies
New / Exited
11 / 8
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
Q4 ’19: $186MQ4 ’19Q1 ’20: $93MQ2 ’20: $154MQ2 ’20Q3 ’20: $197MQ4 ’20: $420MQ4 ’20Q1 ’21: $272MQ2 ’21: $185MQ2 ’21Q3 ’21: $52MQ4 ’21: $12MQ4 ’21Q1 ’22: $268MQ2 ’22: $237MQ2 ’22Q3 ’22: $90MQ4 ’22: $0Q4 ’22Q1 ’23: $976,400Q2 ’23: $10,872Q2 ’23Q4 ’23: $10Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 92.1%Other: 5.8%ADR: 2.2%
  • Common Stock · 92.1% · $387M
  • Other · 5.8% · $24M
  • ADR · 2.2% · $9M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
CCJCAMECO CORPNEW+2.18M2.18M+$29M$29M
GPROGOPRO INCNEW+3.35M3.35M+$28M$28M
FIREEYE INCNEW+690.0K690.0K+$16M$16M
CMPSCOMPASS PATHWAYS PLCNEW+190.0K190.0K+$9M$9M
CURIS INCNEW+1.10M1.10M+$9M$9M
CONCERT PHARMACEUTICALS INCNEW+680.0K680.0K+$9M$9M
KTOSKRATOS DEFENSE & SEC SOLUTIONEW+200.0K200.0K+$5M$5M
NXENEXGEN ENERGY LTDNEW+1.00M1.00M+$3M$3M

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

Holdings — Q4 2020

19 positions
#IssuerClass% PortfolioValueShares
1MAXAR TECHNOLOGIES INCCOM22.97%$96M2.50M
2REATA PHARMACEUTICALS INCCL A15.45%$65M525.0K
3REPLREPLIMUNE GROUP INChistory →COM11.22%$47M1.24M
4CRDFCARDIFF ONCOLOGY INChistory →COM8.56%$36M2.00M
5CCJCAMECO CORPhistory →COM6.94%$29M2.18M
6GPROGOPRO INChistory →CL A6.60%$28M3.35M
7CUE BIOPHARMA INCCOM5.70%$24M1.92M
8TFF PHARMACEUTICALS INCCOM4.60%$19M1.35M
9FIREEYE INCCOM3.79%$16M690.0K
10APTOSE BIOSCIENCES INCCOM NEW3.02%$13M2.90M
11CMPSCOMPASS PATHWAYS PLChistory →SPONSORED ADS2.15%$9M190.0K
12CURIS INCCOM NEW2.14%$9M1.10M
13CONCERT PHARMACEUTICALS INCCOM2.05%$9M680.0K
14DMACDIAMEDICA THERAPEUTICS INChistory →COM NEW1.95%$8M806.9K
15KTOSKRATOS DEFENSE & SEC SOLUTIOhistory →COM NEW1.31%$5M200.0K
16NXENEXGEN ENERGY LTDCOM0.66%$3M1.00M
17ONCORUS INCCOM0.60%$3M78.0K
18OCULOCULAR THERAPEUTIX INCCOM0.27%$1M53.9K
19QSQUANTUMSCAPE CORPCOM CL A0.02%$84,0001.0K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q4 2023$10M3Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023Under review7Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$10,8722Aug 9, 202313F-HRchanges · EDGAR ↗
Q1 2023$976,4002May 10, 202313F-HRchanges · EDGAR ↗
Q4 2022$01Feb 15, 202313F-HRchanges · EDGAR ↗
Q3 2022$90M5Nov 15, 202213F-HRchanges · EDGAR ↗
Q2 2022$237M5Aug 16, 202213F-HRchanges · EDGAR ↗
Q1 2022$268M5May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$12M3Feb 15, 202213F-HRchanges · EDGAR ↗
Q3 2021$52M8Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$185M15Aug 16, 202113F-HRchanges · EDGAR ↗
Q1 2021$272M10May 18, 202113F-HRchanges · EDGAR ↗
Q4 2020$420M19Feb 16, 202113F-HRchanges · EDGAR ↗
Q3 2020$197M16Nov 3, 202013F-HRchanges · EDGAR ↗
Q2 2020$154M16Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$93M11May 18, 202013F-HRchanges · EDGAR ↗
Q4 2019$186M17Feb 14, 202013F-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 ↗.