SEC 13F Intelligence

Managers / Q3 2022 · view latest →

TEGEAN CAPITAL MANAGEMENT, LLC

CIK 0001536063 · 405 LEXINGTON AVENUE, 26TH FLOOR, SUITE 2622, NEW YORK, NY, 10174 · 212-201-1953

Reported Value
$4.7B
Q3 2022
Positions
73
includes revealed positions
Filings on Record
24
2019–present window
Filed
Nov 14, 2022
original filing

Summary

Tegean Capital Management, LLC reported $4.7B in U.S.-listed holdings across 73 positions for Q3 2022.

The portfolio is heavily concentrated: Peloton Interactive alone accounts for 35.4% of reported value.

Compared with Q2 2022, the fund opened 2 new positions and exited 25.

Portfolio Metrics

Turnover
+3.7%
vs prior filed quarter
Top-10 Concentration
+99.8%
share of reported value
Largest Position
+35.4%
Peloton Interactive
New / Exited
2 / 25
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
Q1 ’19: $147MQ1 ’19Q2 ’19: $114MQ3 ’19: $84MQ3 ’19Q4 ’19: $67MQ1 ’20: $28MQ1 ’20Q2 ’20: $35MQ3 ’20: $35MQ3 ’20Q4 ’21: $194MQ1 ’22: $188MQ1 ’22Q2 ’22: $2.4BQ3 ’22: $4.7BQ3 ’22Q1 ’23: $147MQ2 ’23: $149MQ2 ’23Q3 ’23: $95MQ4 ’23: $82MQ4 ’23filingsflow.com

Portfolio Composition

By security type
US DOMESTIC: 98.9%Common Stock: 0.9%REIT: 0.1%Other: 0.1%ADR: 0.0%Equity WRT: 0.0%
  • US DOMESTIC · 98.9% · $4.7B
  • Common Stock · 0.9% · $44M
  • REIT · 0.1% · $4M
  • Other · 0.1% · $4M
  • ADR · 0.0% · $1M
  • Equity WRT · 0.0% · $2,000

Quarter-over-Quarter Changes full breakdown →

vs Q2 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
COHRCOHERENT CORPREVEALEDNEW+200.0K200.0K+$7M$7M
NVDANVIDIA CORPORATIONREVEALEDNEW+40.0K40.0K+$5M$5M
PELOTON INTERACTIVE INCREVEALEDADDED+2.00M2.50M+$1.4B$1.7B
COINBASE GLOBAL INCREVEALEDADDED+1.50M2.50M+$1.1B$1.6B
JPMJPMORGAN CHASE & COSOLD OUT−150.0K0−$17M$0
GMGENERAL MTRS COSOLD OUT−300.0K0−$10M$0
ANZU SPECIAL ACQUISITIN CORPSOLD OUT−210.0K0−$2M$0
MDH ACQUISITION CORPSOLD OUT−150.0K0−$1M$0

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

Holdings — Q3 2022REVEALED

38 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1PELOTON INTERACTIVE INCREVEALEDNOTE 2/135.39%$1.7B2.50M
2COINBASE GLOBAL INCREVEALEDNOTE 0.500% 6/034.97%$1.6B2.50M
3MICROSTRATEGY INCREVEALEDNOTE 2/128.49%$1.3B3.00M
4COFCAPITAL ONE FINL CORPREVEALEDCOM0.18%$8M90.0K
5AGOASSURED GUARANTY LTDREVEALEDCOM0.15%$7M150.0K
6COHRCOHERENT CORPREVEALEDCOM0.15%$7M200.0K
7WBDWARNER BROS DISCOVERY INCREVEALEDCOM SER A0.15%$7M600.0K
8GSGOLDMAN SACHS GROUP INCREVEALEDCOM0.12%$6M20.0K
9NVDANVIDIA CORPORATIONREVEALEDCOM0.10%$5M40.0K
10AGNCAGNC INVT CORPREVEALEDCOM0.09%$4M500.0K
11CCITIGROUP INCREVEALEDCOM NEW0.09%$4M100.0K
12NOKNOKIA CORPREVEALEDSPONSORED ADR0.03%$1M300.0K
13AGILE GROWTH CORPREVEALEDCLASS A ORD · *W EXP 03/09/2020.02%$994,000133.3K
14KERNEL GROUP HOLDINGS INCREVEALEDCL A SHS0.02%$992,000100.0K
15ADVANCED MERGER PARTNERS INCREVEALEDCOM CL A0.02%$984,000100.0K
16CROWN PROPTECH ACQUISITIONSREVEALEDSHS CL A · *W EXP 99/99/9990.01%$526,00086.1K
17VECTOR ACQUISITION CORP IIREVEALEDCL A SHS0.01%$396,00040.0K
18AURORA ACQUISITION CORPREVEALEDCLASS A ORD SHS0.00%$210,00021.3K
19BOA ACQUISITION CORPREVEALED*W EXP 02/22/2020.00%$8,00033.3K
20OYSTER ENTERPRISES ACQ CORPREVEALED*W EXP 01/20/2020.00%$8,00050.0K
21IBERE PHARMACEUTICALSREVEALED*W EXP 03/01/2020.00%$4,00045.7K
22FLAME ACQUISITION CORPREVEALED*W EXP 02/26/2020.00%$4,00033.9K
23ANZU SPECIAL ACQUISITIN CORPREVEALED*W EXP 01/27/2020.00%$4,00046.7K
24KISMET ACQUISITION THREE CORREVEALED*W EXP 06/30/2020.00%$2,00033.3K
25MASON INDUSTRIAL TECHNOLGY IREVEALED*W EXP 99/99/9990.00%$2,00023.6K
26PRIVETERRA ACQUISITION CORPREVEALED*W EXP 02/28/2020.00%$2,00028.0K
27PWP FORWARD ACQUISITION CORPREVEALED*W EXP 03/12/2020.00%$2,00020.0K
28RXR ACQUISITION CORPREVEALED*W EXP 03/08/2020.00%$2,00020.0K
29SBIIWSANDBRIDGE X2 CORPREVEALED*W EXP 03/11/2020.00%$2,00033.3K
30STRATIM CLOUD ACQUISITION COREVEALED*W EXP 03/05/2020.00%$2,00033.3K
31TLG ACQUISITION ONE CORPREVEALED*W EXP 01/25/2020.00%$2,00033.3K
32TWELVE SEAS INVESTMENT CO IIREVEALED*W EXP 03/02/2020.00%$2,00033.3K
33VELOCITY ACQUISITION CORPREVEALED*W EXP 02/24/2020.00%$2,00032.0K
34EDIFY ACQUISITION CORPREVEALED*W EXP 11/25/2020.00%$2,00049.0K
35NORTHERN REVIVAL ACQUISITIONREVEALED*W EXP 01/31/2020.00%$1,00010.0K
36QUADRO ACQUISITION ONE CORPREVEALED*W EXP 06/30/2020.00%$1,00014.7K
37NOBLE ROCK ACQUISITION CORP*W EXP 01/31/2020.00%$1,00010.0K
38KISMET ACQUISITION TWO CORP*W EXP 06/30/2020.00%$1,00014.7K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q4 2023$82M16Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$95M26Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023REVEALED$149M39Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023REVEALED$147M39May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022REVEALEDUnder review27Feb 13, 202313F-HRchanges · EDGAR ↗
Q3 2022REVEALED$4.7B73Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022REVEALED$2.4B176Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022REVEALED$188M135May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021REVEALED$194M141Feb 11, 202213F-HRchanges · EDGAR ↗
Q3 2020$35M11Nov 16, 202013F-HRchanges · EDGAR ↗
Q2 2020$35M8Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$28M11May 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$67M13Feb 14, 202013F-HRchanges · EDGAR ↗
Q3 2019$84M15Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019$114M17Aug 14, 201913F-HRchanges · EDGAR ↗
Q1 2019$147M21May 15, 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 ↗.