SEC 13F Intelligence

Managers / Q3 2020 · view latest →

SPRING CREEK CAPITAL LLC

CIK 0001451531 · 4111 EAST 37TH STREET NORTH, WICHITA, KS, 67220 · 3168288310

Reported Value
$503M
Q3 2020
Positions
31
Filings on Record
23
2019–present window
Filed
Jan 4, 2021
amendment (RESTATEMENT)

Summary

Spring Creek Capital LLC reported $503M in U.S.-listed holdings across 31 positions for Q3 2020.

The portfolio is heavily concentrated: Varian Med Sys alone accounts for 27.6% of reported value.

Compared with Q2 2020, the fund opened 26 new positions and exited 12.

Portfolio Metrics

Turnover
+82.5%
vs prior filed quarter
Top-10 Concentration
+80.0%
share of reported value
Largest Position
+27.6%
Varian Med Sys
New / Exited
26 / 12
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 ’18: $145MQ4 ’18Q1 ’19: $188MQ2 ’19: $277MQ3 ’19: $209MQ3 ’19Q4 ’19: $341MQ1 ’20: $622MQ2 ’20: $531MQ2 ’20Q3 ’20: $503MQ4 ’20: $1.4BQ1 ’21: $2.3BQ1 ’21Q2 ’21: $2.0BQ3 ’21: $2.1BQ4 ’21: $2.6BQ4 ’21Q1 ’22: $2.5BQ2 ’22: $0Q3 ’22: $0Q3 ’22Q4 ’22: $0Q1 ’23: $0Q2 ’23: $0Q2 ’23Q3 ’23: $0filingsflow.com

Portfolio Composition

By security type
Common Stock: 74.2%Other: 21.2%Unit: 4.0%Ltd Part: 0.6%
  • Common Stock · 74.2% · $373M
  • Other · 21.2% · $107M
  • Unit · 4.0% · $20M
  • Ltd Part · 0.6% · $3M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
VARIAN MED SYS INCNEW+806.0K806.0K+$139M$139M
CIENCIENA CORPNEW+1.00M1.00M+$40M$40M
NATIONAL GEN HLDGS CORPNEW+1.13M1.13M+$38M$38M
MXIMMAXIM INTEGRATED PRODS INCNEW+430.0K430.0K+$29M$29M
IMMUIMMUNOMEDICS INCNEW+340.0K340.0K+$29M$29M
GCI LIBERTY INCNEW+330.2K330.2K+$27M$27M
HOLICITY INCNEW+1.00M1.00M+$10M$10M
FORTRESS VALUE ACQUISITION INEW+1.00M1.00M+$10M$10M

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

Holdings — Q3 2020

31 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1VARIAN MED SYS INCCOM27.58%$139M806.0K
2WTWWILLIS TOWERS WATSON PLC LTDhistory →SHS9.16%$46M220.4K
3CIENCIENA CORPhistory →COM NEW7.92%$40M1.00M
4NATIONAL GEN HLDGS CORPCOM7.59%$38M1.13M
5MXIMMAXIM INTEGRATED PRODS INChistory →COM5.78%$29M430.0K
6IMMUIMMUNOMEDICS INChistory →COM5.75%$29M340.0K
7ETRAE TRADE FINANCIAL CORPhistory →COM NEW5.48%$28M550.0K
8GCI LIBERTY INCCOM CLASS A5.38%$27M330.2K
9CBBCINCINNATI BELL INC NEWhistory →COM NEW3.31%$17M1.11M
10HOLICITY INCUNIT 08/05/20252.06%$10M1.00M
11FORTRESS VALUE ACQUISITION IUNIT 08/10/20272.05%$10M1.00M
12EXECUTIVE NETWORK PARTNERINGUNIT 99/99/99992.01%$10M400.0K
13NOBLE ENERGY INCCOM1.96%$10M1.15M
14LIONHEART ACQUISITION CORP IUNIT 08/13/20251.88%$9M950.0K
15TIFFANY & CO NEWCOM1.87%$9M81.0K
16CF FINANCE ACQUISITION CORPUNIT 08/01/20271.59%$8M800.0K
17FAST ACQUISITION CORPUNIT 99/99/99991.29%$6M650.0K
18GORES HLDGS V INCUNIT 99/99/99991.03%$5M500.0K
19GO ACQUISITION CORPCOM0.86%$4M440.1K
20TWC TECH HLDGS II CORPUNIT 09/10/20250.81%$4M400.0K
21PMV CONSUMER ACQUISITION CORUNIT 08/31/20270.79%$4M400.0K
22FORTRESS TRANS INFRST INVS LCOM REP LTD LIAB0.62%$3M182.1K
23SANDBRIDGE ACQUISITION CORPUNIT 99/99/99990.60%$3M300.0K
24BROADSTONE ACQUISITION CORPUNIT 99/99/99990.59%$3M300.0K
25CHURCHILL CAPITAL CORP IVCL A0.58%$3M300.0K
26KISMET ACQUISITION ONE CORPUNIT 08/06/20250.50%$3M198.6K
27FOLEY TRASIMENE ACQUISITIONUNIT 99/99/99990.30%$2M150.0K
28NORTH MOUNTAIN MERGER CORPUNIT 09/16/20250.20%$1M100.0K
29NAVSIGHT HLDGS INCUNIT 99/99/99990.20%$1M100.0K
30BURGUNDY TECHNOLOGY ACQU CORUNIT 08/26/20250.20%$997,000100.0K
31HXLHEXCEL CORP NEWCOM0.05%$270,0008.0K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q3 2023$01Nov 7, 202313F-HRchanges · EDGAR ↗
Q2 2023$01Aug 9, 202313F-HRchanges · EDGAR ↗
Q1 2023$01May 11, 202313F-HRchanges · EDGAR ↗
Q4 2022$01Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$01Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$01Aug 12, 202213F-HRchanges · EDGAR ↗
Q1 2022$2.5B823May 23, 2022RESTATEMENTchanges · EDGAR ↗
Q4 2021$2.6B674Feb 11, 202213F-HRchanges · EDGAR ↗
Q3 2021$2.1B583Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$2.0B566Aug 19, 2021RESTATEMENTchanges · EDGAR ↗
Q1 2021$2.3B399May 14, 202113F-HRchanges · EDGAR ↗
Q4 2020$1.4B128Feb 12, 202113F-HRchanges · EDGAR ↗
Q3 2020$503M31Jan 4, 2021RESTATEMENTchanges · EDGAR ↗
Q2 2020$531M17Aug 13, 202013F-HRchanges · EDGAR ↗
Q1 2020$622M25May 14, 202013F-HRchanges · EDGAR ↗
Q4 2019$341M20Feb 13, 202013F-HRchanges · EDGAR ↗
Q3 2019$209M15Nov 13, 201913F-HRchanges · EDGAR ↗
Q2 2019$277M16Aug 13, 201913F-HRchanges · EDGAR ↗
Q1 2019$188M13May 14, 201913F-HRchanges · EDGAR ↗
Q4 2018$145M28Feb 13, 201913F-HRchanges · EDGAR ↗

Other Included Managers

This filing reports holdings on behalf of 1 additional manager.

  • KOCH INDUSTRIES INC028-10337

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 ↗.