SEC 13F Intelligence

Managers / Q4 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
$58M
Q4 2022
Positions
27
includes revealed positions
Filings on Record
26
2019–present window
Filed
Feb 13, 2023
original filing

Summary

Tegean Capital Management, LLC reported $58M in U.S.-listed holdings across 27 positions for Q4 2022.

The portfolio is heavily concentrated: META alone accounts for 25.0% of reported value.

Compared with Q3 2022, the fund opened 3 new positions and exited 26.

Portfolio Metrics

Turnover
+1.4%
vs prior filed quarter
Top-10 Concentration
+100.0%
share of reported value
Largest Position
+25.0%
Meta Platforms
New / Exited
3 / 26
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: $103MQ4 ’18Q1 ’19: $147MQ2 ’19: $114MQ3 ’19: $84MQ3 ’19Q4 ’19: $67MQ1 ’20: $28MQ2 ’20: $35MQ2 ’20Q3 ’20: $35MQ4 ’21: $194MQ1 ’22: $188MQ1 ’22Q2 ’22: $2.4BQ3 ’22: $4.7BQ4 ’22: $58MQ4 ’22Q1 ’23: $147MQ2 ’23: $149MQ3 ’23: $95MQ3 ’23Q4 ’23: $82Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 89.1%US DOMESTIC: 8.1%Other: 1.7%ETP: 1.1%
  • Common Stock · 89.1% · $52M
  • US DOMESTIC · 8.1% · $5M
  • Other · 1.7% · $1M
  • ETP · 1.1% · $629,100

Quarter-over-Quarter Changes full breakdown →

vs Q3 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
METAMETA PLATFORMS INCREVEALEDNEW+120.0K120.0K+$14M$14M
CRMSALESFORCE INCREVEALEDNEW+80.0K80.0K+$11M$11M
MSOSADVISORSHARES TRREVEALEDNEW+90.0K90.0K+$629,100$629,100
COHRCOHERENT CORPSOLD OUT−200.0K0−$7M$0
WBDWARNER BROS DISCOVERY INCSOLD OUT−600.0K0−$7M$0
GSGOLDMAN SACHS GROUP INCSOLD OUT−20.0K0−$6M$0
CCITIGROUP INCREVEALEDADDED+100.0K200.0K+$5M$9M
NVDANVIDIA CORPORATIONSOLD OUT−40.0K0−$5M$0

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

Holdings — Q4 2022REVEALED

15 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1METAMETA PLATFORMS INCREVEALEDhistory →CL A24.97%$14M120.0K
2CRMSALESFORCE INCREVEALEDhistory →COM18.34%$11M80.0K
3COFCAPITAL ONE FINL CORPREVEALEDhistory →COM16.07%$9M100.0K
4CCITIGROUP INCREVEALEDhistory →COM NEW15.64%$9M200.0K
5AGOASSURED GUARANTY LTDREVEALEDhistory →COM14.04%$8M130.4K
6PELOTON INTERACTIVE INCREVEALEDNOTE 2/13.07%$2M2.50M
7MICROSTRATEGY INCREVEALEDNOTE 2/12.54%$1M4.00M
8COINBASE GLOBAL INCREVEALEDNOTE 0.500% 6/02.49%$1M2.50M
9AGILE GROWTH CORPREVEALEDCLASS A ORD · *W EXP 03/09/2021.75%$1M133.3K
10MSOSADVISORSHARES TRREVEALEDhistory →PURE US CANNABIS1.09%$629,10090.0K
11IBERE PHARMACEUTICALSREVEALED*W EXP 03/01/2020.00%$81445.7K
12TWELVE SEAS INVESTMENT CO IIREVEALED*W EXP 03/02/2020.00%$52633.3K
13STRATIM CLOUD ACQUISITION COREVEALED*W EXP 03/05/2020.00%$33433.3K
14QUADRO ACQUISITION ONE CORPREVEALED*W EXP 06/30/2020.00%$3714.7K
15KISMET ACQUISITION TWO CORP*W EXP 06/30/2020.00%$3714.7K

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 2022REVEALED$58M27Feb 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 ↗
Q4 2018$103M19May 15, 2019RESTATEMENTchanges · 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 ↗.