SEC 13F Intelligence

Managers / Q1 2020 · view latest →

Islet Management, LP

CIK 0001721508 · 590 MADISON AVENUE, 27TH FLOOR, NEW YORK, NY, 10022 · 212.381.1990

Reported Value
$685M
Q1 2020
Positions
105
Filings on Record
20
2019–present window
Filed
May 15, 2020
original filing

Summary

Islet Management, LP reported $685M in U.S.-listed holdings across 105 positions for Q1 2020.

Its largest position, Allergan, represents 3.7% of the portfolio.

Compared with Q4 2019, the fund opened 56 new positions and exited 51.

Portfolio Metrics

Turnover
+44.7%
vs prior filed quarter
Top-10 Concentration
+21.5%
share of reported value
Largest Position
+3.7%
Allergan
New / Exited
56 / 51
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: $628MQ4 ’18Q1 ’19: $866MQ2 ’19: $874MQ3 ’19: $800MQ3 ’19Q4 ’19: $1.1BQ1 ’20: $685MQ2 ’20: $879MQ2 ’20Q3 ’20: $1.5BQ4 ’20: $2.2BQ1 ’21: $4.1BQ1 ’21Q2 ’21: $3.6BQ3 ’21: $4.6BQ4 ’21: $3.7BQ4 ’21Q1 ’22: $2.4BQ2 ’22: $984MQ3 ’22: $379MQ3 ’22Q4 ’22: $148MQ1 ’23: $206MQ2 ’23: $49MQ2 ’23Q3 ’23: $0filingsflow.com

Portfolio Composition

By security type
Common Stock: 66.8%ETP: 18.4%Other: 7.3%ADR: 4.1%REIT: 3.2%Right: 0.1%
  • Common Stock · 66.8% · $457M
  • ETP · 18.4% · $126M
  • Other · 7.3% · $50M
  • ADR · 4.1% · $28M
  • REIT · 3.2% · $22M
  • Right · 0.1% · $950,000

Quarter-over-Quarter Changes full breakdown →

vs Q4 2019 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
ALLERGAN PLCNEW+142.7K142.7K+$25M$25M
TIFFANY & CO NEWNEW+115.0K115.0K+$15M$15M
EQIXEQUINIX INCNEW+22.5K22.5K+$14M$14M
MSFTMICROSOFT CORPNEW+85.0K85.0K+$13M$13M
NEENEXTERA ENERGY INCNEW+50.0K50.0K+$12M$12M
XRXXEROX HOLDINGS CORPNEW+450.0K450.0K+$12M$12M
IWMISHARES TRNEW+100.0K100.0K+$11M$11M
ZYNGA INCNEW+1.63M1.63M+$11M$11M

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

Holdings — Q1 2020

88 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1ALLERGAN PLCSHS3.69%$25M142.7K
2GOGROCERY OUTLET HLDG CORPhistory →COM2.91%$20M580.0K
3TIFFANY & CO NEWCOM2.17%$15M115.0K
4EQIXEQUINIX INChistory →COM2.05%$14M22.5K
5MSFTMICROSOFT CORPhistory →COM1.96%$13M85.0K
6AMZNAMAZON COM INChistory →COM1.85%$13M6.5K
7NEENEXTERA ENERGY INChistory →COM1.76%$12M50.0K
8XRXXEROX HOLDINGS CORPhistory →COM NEW1.74%$12M450.0K
9GHGUARDANT HEALTH INChistory →COM1.73%$12M170.0K
10FICOFAIR ISAAC CORPhistory →COM1.68%$12M37.5K
11ZYNGA INCCL A1.62%$11M1.63M
12CHTRCHARTER COMMUNICATIONS INC Nhistory →CL A1.59%$11M25.0K
13TWTRADEWEB MKTS INChistory →CL A1.53%$11M250.0K
14VCTRVICTORY CAP HLDGS INChistory →COM CL A1.28%$9M537.9K
15GDSGDS HLDGS LTDhistory →SPONSORED ADS1.28%$9M151.0K
16MELIMERCADOLIBRE INChistory →COM1.25%$9M17.5K
17FISFIDELITY NATL INFORMATION SVhistory →COM1.24%$9M70.0K
18ZSZSCALER INChistory →COM1.19%$8M134.0K
19HOSTESS BRANDS INCCL A1.14%$8M734.4K
20AMTAMERICAN TOWER CORP NEWhistory →COM1.11%$8M35.0K
21ORLYO REILLY AUTOMOTIVE INC NEWhistory →COM1.10%$8M25.0K
22UNITED STATES STL CORP NEWCOM1.08%$7M300.0K
23JDJD COM INChistory →SPON ADR CL A1.03%$7M175.0K
24TSLATESLA INChistory →COM1.03%$7M13.5K
25GOOGLALPHABET INChistory →CAP STK CL A1.02%$7M6.0K
26BKRBAKER HUGHES COMPANYhistory →CL A1.00%$7M653.3K
27BXBLACKSTONE GROUP INCCOM CL A1.00%$7M150.0K
28JPMJPMORGAN CHASE & COCOM1.00%$7M75.8K
29FSVFIRSTSERVICE CORP NEWCOM0.96%$7M85.0K
30FORESCOUT TECHNOLOGIES INCCOM0.91%$6M196.5K
31EVO PMTS INCCL A COM0.89%$6M400.0K
32DGDOLLAR GEN CORP NEWCOM0.88%$6M40.0K
332U INCCOM0.85%$6M275.0K
34NOWSERVICENOW INCCOM0.84%$6M20.0K
35WRIGHT MED GROUP N VORD SHS0.84%$6M200.0K
36CLCOLGATE PALMOLIVE COCOM0.82%$6M85.0K
37HDHOME DEPOT INCCOM0.82%$6M30.0K
38AVALARA INCCOM0.82%$6M75.0K
39LYVLIVE NATION ENTERTAINMENT INCOM0.81%$6M122.3K
40DDOGDATADOG INCCL A COM0.79%$5M150.0K
41FOUNDATION BLDG MATLS INCCOM0.78%$5M520.0K
42CNNECANNAE HLDGS INCCOM0.76%$5M155.0K
43INSEEGO CORPCOM0.73%$5M800.0K
44NFLXNETFLIX INCCOM0.71%$5M13.0K
45SBUXSTARBUCKS CORPCOM0.67%$5M70.0K
46TECH DATA CORPCOM0.67%$5M35.0K
47IHS MARKIT LTDSHS0.66%$5M75.0K
48PFGCPERFORMANCE FOOD GROUP COCOM0.66%$4M181.6K
49APOLLO GLOBAL MGMT INCCOM CL A0.61%$4M125.0K
50METAFACEBOOK INCCL A0.61%$4M25.0K
51SNAPSNAP INCCL A0.61%$4M350.0K
52YETIYETI HLDGS INCCOM0.60%$4M211.7K
53KKRKKR & CO INCCL A0.60%$4M175.0K
54AMDADVANCED MICRO DEVICES INCCOM0.59%$4M89.4K
55CDNSCADENCE DESIGN SYSTEM INCCOM0.58%$4M60.0K
56TGNATEGNA INCCOM0.55%$4M350.0K
57NINISOURCE INCCOM0.55%$4M150.0K
58FNDFLOOR & DECOR HLDGS INCCL A0.53%$4M112.3K
59MKC/VMCCORMICK & CO INCCOM VTG0.52%$4M25.0K
60DTDYNATRACE INCCOM0.50%$3M142.5K
61CAESARS ENTMT CORPCOM0.49%$3M500.0K
62TJXTJX COS INC NEWCOM0.49%$3M70.0K
63BABOEING COCOM0.49%$3M22.4K
64CRWDCROWDSTRIKE HLDGS INCCL A0.49%$3M60.0K
65ADSKAUTODESK INCCOM0.48%$3M21.0K
66GRAFTECH INTL LTDCOM0.48%$3M401.1K
67CSGPCOSTAR GROUP INCCOM0.47%$3M5.5K
68BURLBURLINGTON STORES INCCOM0.46%$3M20.0K
69WYNNWYNN RESORTS LTDCOM0.44%$3M50.0K
70WILLSCOT CORPCOM0.41%$3M276.4K
71FLAGSTAR BANCORP INCCOM PAR .0010.41%$3M140.0K
72NVTNVENT ELECTRIC PLCSHS0.37%$3M150.0K
73SOLARWINDS CORPCOM0.34%$2M148.6K
74PBRPETROLEO BRASILEIRO SA PETROSPONSORED ADR0.32%$2M400.0K
75LAURLAUREATE EDUCATION INCCL A0.31%$2M200.0K
76MARINUS PHARMACEUTICALS INCCOM0.30%$2M1.00M
77KNXKNIGHT SWIFT TRANSN HLDGS INCL A0.29%$2M60.0K
78NORDSTROM INCCOM0.28%$2M125.0K
79BRIGHAM MINERALS INCCL A COM0.27%$2M226.6K
80JCIJOHNSON CTLS INTL PLCSHS0.26%$2M67.1K
81TFI INTL INCCOM0.24%$2M75.0K
82AXTAAXALTA COATING SYS LTDCOM0.23%$2M89.6K
83BVBRIGHTVIEW HLDGS INCCOM0.20%$1M125.0K
84FORFORESTAR GROUP INCCOM0.19%$1M122.9K
85BRISTOL-MYERS SQUIBB CORIGHT 99/99/99990.14%$950,000250.0K
86WORKSLACK TECHNOLOGIES INCCOM CL A0.06%$411,00015.3K
87IMXIINTERNATIONAL MNY EXPRESS INCOM0.04%$281,00091.0K
88INNSUMMIT HOTEL PPTYS INCCOM0.03%$211,00050.0K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q3 2023$01Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$49M23Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$206M32May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022$148M55Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$379M74Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$984M116Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$2.4B120May 13, 202213F-HRchanges · EDGAR ↗
Q4 2021$3.7B180Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$4.6B200Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$3.6B156Aug 16, 202113F-HRchanges · EDGAR ↗
Q1 2021$4.1B167May 17, 202113F-HRchanges · EDGAR ↗
Q4 2020$2.2B113Feb 16, 202113F-HRchanges · EDGAR ↗
Q3 2020$1.5B107Nov 16, 202013F-HRchanges · EDGAR ↗
Q2 2020$879M94Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$685M105May 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$1.1B97Feb 14, 202013F-HRchanges · EDGAR ↗
Q3 2019$800M64Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019$874M89Aug 14, 201913F-HRchanges · EDGAR ↗
Q1 2019$866M86May 13, 201913F-HRchanges · EDGAR ↗
Q4 2018$628M62Feb 13, 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 ↗.