SEC 13F Intelligence

Managers / Q2 2020 · view latest →

Islet Management, LP

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

Reported Value
$879M
Q2 2020
Positions
94
Filings on Record
20
2019–present window
Filed
Aug 14, 2020
original filing

Summary

Islet Management, LP reported $879M in U.S.-listed holdings across 94 positions for Q2 2020.

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

Compared with Q1 2020, the fund opened 48 new positions and exited 60.

Portfolio Metrics

Turnover
+50.1%
vs prior filed quarter
Top-10 Concentration
+21.3%
share of reported value
Largest Position
+3.7%
Costar
New / Exited
48 / 60
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: 70.6%ETP: 21.4%Other: 3.0%ADR: 2.9%US DOMESTIC: 1.5%REIT: 0.5%
  • Common Stock · 70.6% · $621M
  • ETP · 21.4% · $188M
  • Other · 3.0% · $27M
  • ADR · 2.9% · $26M
  • US DOMESTIC · 1.5% · $14M
  • REIT · 0.5% · $4M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
TMUST-MOBILE US INCNEW+325.0K325.0K+$32M$32M
DHRDANAHER CORPORATIONNEW+167.5K167.5K+$30M$30M
EVRGEVERGY INCNEW+425.0K425.0K+$25M$25M
MATCH GROUP INCNEW+221.0K221.0K+$24M$24M
APTIV PLCNEW+275.0K275.0K+$21M$21M
BILLBILL COM HLDGS INCNEW+200.0K200.0K+$18M$18M
DISHDISH NETWORK CORPORATIONNEW+500.0K500.0K+$17M$17M
GLDSPDR GOLD TRNEW+100.0K100.0K+$17M$17M

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

Holdings — Q2 2020

73 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1CSGPCOSTAR GROUP INChistory →COM3.72%$33M46.0K
2DHRDANAHER CORPORATIONhistory →COM2.82%$25M140.0K
3APTIV PLCSHS2.44%$21M275.0K
4CNNECANNAE HLDGS INChistory →COM2.06%$18M440.0K
5EVRGEVERGY INChistory →COM2.02%$18M300.0K
6GLDSPDR GOLD TRhistory →GOLD SHS1.90%$17M100.0K
7TMUST-MOBILE US INChistory →COM1.78%$16M150.0K
8GHGUARDANT HEALTH INChistory →COM1.57%$14M170.0K
9PCGPG&E CORPhistory →COM1.51%$13M1.50M
10ZYNGA INCCL A1.47%$13M1.35M
11DISHDISH NETWORK CORPORATIONhistory →CL A1.37%$12M350.0K
12AALAMERICAN AIRLS GROUP INCCOM · NOTE 6.500% 7/01.32%$12M4.60M
13OTISOTIS WORLDWIDE CORPhistory →COM1.29%$11M200.0K
14BILLBILL COM HLDGS INChistory →COM1.28%$11M125.0K
15FOUNDATION BLDG MATLS INCCOM1.28%$11M720.0K
16PINSPINTEREST INChistory →CL A1.26%$11M500.0K
17IMMUIMMUNOMEDICS INChistory →COM1.21%$11M300.0K
18INSEEGO CORPNOTE 3.250% 5/0 · COM1.21%$11M9.32M
19BIDUBAIDU INChistory →SPON ADR REP A1.16%$10M85.0K
20TWTRADEWEB MKTS INChistory →CL A1.16%$10M175.0K
21AIGAMERICAN INTL GROUP INChistory →COM NEW1.15%$10M325.0K
22NOWSERVICENOW INChistory →COM1.15%$10M25.0K
23VMWARE INCCL A COM1.15%$10M65.0K
24GDSGDS HLDGS LTDhistory →SPONSORED ADS1.13%$10M125.0K
25VCTRVICTORY CAP HLDGS INChistory →COM CL A1.05%$9M537.9K
26EVO PMTS INCCL A COM1.04%$9M400.0K
27CCITIGROUP INChistory →COM NEW1.02%$9M175.0K
28CRWDCROWDSTRIKE HLDGS INCCL A0.97%$9M85.0K
29PFGCPERFORMANCE FOOD GROUP COCOM0.91%$8M275.0K
30ACIALBERTSONS COS INCCOMMON STOCK0.90%$8M500.0K
31LBEURL BRANDS INCCOM0.85%$7M500.0K
32RPRXROYALTY PHARMA PLCSHS CL A0.83%$7M150.0K
33GCI LIBERTY INCCOM CLASS A0.79%$7M97.3K
34AMZNAMAZON COM INCCOM0.78%$7M2.5K
35NFLXNETFLIX INCCOM0.78%$7M15.0K
36AVALARA INCCOM0.76%$7M50.0K
37HOSTESS BRANDS INCCL A0.74%$7M534.4K
38BKRBAKER HUGHES COMPANYCL A0.71%$6M403.3K
39TWITTER INCCOM0.68%$6M200.0K
40NAVNAVISTAR INTL CORP NEWCOM0.64%$6M200.0K
41OPTUALTICE USA INCCL A0.64%$6M250.0K
42HUYAHUYA INCADS REP SHS A0.64%$6M300.0K
43MIDDMIDDLEBY CORPCOM0.63%$6M70.0K
44GDDYGODADDY INCCL A0.63%$6M75.0K
45OXYOCCIDENTAL PETE CORPCOM0.62%$5M300.0K
46IRWDIRONWOOD PHARMACEUTICALS INCCOM CL A0.59%$5M500.0K
47TJXTJX COS INC NEWCOM0.58%$5M100.0K
48GAPGAP INCCOM0.57%$5M400.0K
49CLVTCLARIVATE PLCORD SHS0.57%$5M225.0K
50MARINUS PHARMACEUTICALS INCCOM0.51%$4M1.75M
51VICIVICI PPTYS INCCOM0.46%$4M200.0K
52MERSANA THERAPEUTICS INCCOM0.45%$4M170.3K
53DAYCERIDIAN HCM HLDG INCCOM0.45%$4M50.0K
54BVBRIGHTVIEW HLDGS INCCOM0.42%$4M329.1K
55EVOQUA WATER TECHNOLOGIES COCOM0.42%$4M196.5K
56NEENEXTERA ENERGY INCCOM0.41%$4M15.0K
57GRAFTECH INTL LTDCOM0.36%$3M401.1K
58BRIGHAM MINERALS INCCL A COM0.34%$3M243.8K
59FNDFLOOR & DECOR HLDGS INCCL A0.30%$3M46.1K
60LAURLAUREATE EDUCATION INCCL A0.23%$2M200.0K
61CRSPCRISPR THERAPEUTICS AGNAMEN AKT0.21%$2M25.0K
62SOLARWINDS CORPCOM0.20%$2M98.6K
63CLGXCORELOGIC INCCOM0.19%$2M24.4K
64MATCH GROUP INCCOM0.18%$2M15.0K
65PRETIUM RES INCCOM0.15%$1M160.0K
66FORUM MERGER II CORPCL A0.13%$1M70.6K
67IMXIINTERNATIONAL MNY EXPRESS INCOM0.08%$734,00091.0K
68FDXFEDEX CORPCOM0.08%$701,0005.0K
69FORFORESTAR GROUP INCCOM0.07%$646,00042.9K
70GISGENERAL MLS INCCOM0.07%$617,00010.0K
71GRWGGROWGENERATION CORPCOM0.06%$513,00075.0K
72GRTXGALERA THERAPEUTICS INCCOM0.05%$418,00058.5K
73GRAF INDL CORPCOM0.02%$193,00013.9K

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 ↗.