SEC 13F Intelligence

Managers / Q1 2021 · view latest →

Aequim Alternative Investments LP

CIK 0001728201 · 2 BELVEDERE PLACE, SUITE 250, MILL VALLEY, CA, 94941 · 415-477-9077

Reported Value
$1.5B
Q1 2021
Positions
96
Filings on Record
32
2019–present window
Filed
May 12, 2021
original filing

Summary

Aequim Alternative Investments LP reported $1.5B in U.S.-listed holdings across 96 positions for Q1 2021.

Its largest position, Pg E, represents 7.4% of the portfolio.

Compared with Q4 2020, the fund opened 28 new positions and exited 18.

Portfolio Metrics

Turnover
+21.6%
vs prior filed quarter
Top-10 Concentration
+49.8%
share of reported value
Largest Position
+7.4%
Pg E
New / Exited
28 / 18
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. 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: $197MQ4 ’18Q1 ’19: $280MQ2 ’19: $354MQ3 ’19: $499MQ4 ’19: $537MQ4 ’19Q1 ’20: $604MQ2 ’20: $662MQ3 ’20: $751MQ4 ’20: $1.4BQ4 ’20Q1 ’21: $1.5BQ2 ’21: $2.3BQ3 ’21: $2.6BQ4 ’21: $3.2BQ4 ’21Q1 ’22: $3.8BQ2 ’22: $3.3BQ3 ’22: $3.5BQ4 ’22: $3.7BQ4 ’22Q1 ’23: $3.1BQ2 ’23: $2.7BQ3 ’23: $2.6BQ4 ’23: $2.5BQ4 ’23Q1 ’24: $2.7BQ2 ’24: $2.7BQ3 ’24: $2.9BQ4 ’24: $3.1BQ4 ’24Q1 ’25: $2.5BQ2 ’25: $3.1BQ3 ’25: $4.5BQ4 ’25: $5.1BQ4 ’25Q1 ’26: $5.2Bfilingsflow.com

Portfolio Composition

By security type
US DOMESTIC: 70.7%Common Stock: 14.3%PUBLIC: 11.4%GLOBAL: 1.7%Other: 1.6%Other: 0.3%
  • US DOMESTIC · 70.7% · $1.1B
  • Common Stock · 14.3% · $221M
  • PUBLIC · 11.4% · $176M
  • GLOBAL · 1.7% · $27M
  • Other · 1.6% · $25M
  • Other · 0.3% · $5M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
TWITTER INCNEW+33.00M33.00M+$44M$44M
BRIDGEBIO PHARMA INCNEW+22.00M22.00M+$36M$36M
BANDWIDTH INCNEW+12.00M12.00M+$18M$18M
CYBERARK SOFTWARE LTDNEW+13.50M13.50M+$15M$15M
WIX COM LTDNEW+6.00M6.00M+$12M$12M
GUIDEWIRE SOFTWARE INCNEW+10.00M10.00M+$11M$11M
NEUROCRINE BIOSCIENCES INCNEW+7.61M7.61M+$10M$10M
AES CORPNEW+94.7K94.7K+$10M$10M

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

Holdings — Q1 2021

46 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1LIBERTY MEDIA CORP DELNOTE 1.375%10/1 · DEB 3.500% 1/18.31%$129M110.00M
2PG&E CORPUNIT 99/99/99997.36%$114M1.00M
3MERCADOLIBRE INCNOTE 2.000% 8/15.86%$91M27.11M
4REALPAGE INCNOTE 1.500%11/15.52%$86M41.00M
5NICE SYS INCNOTE 1.250% 1/15.48%$85M32.50M
6INSULET CORPNOTE 1.375%11/14.88%$76M27.00M
7SOUTHWEST AIRLS CONOTE 1.250% 5/04.06%$63M36.50M
8AKAMAI TECHNOLOGIES INCNOTE 0.125% 5/03.92%$61M50.00M
9SAILPOINT TECHNOLOGIES HLDGSNOTE 0.125% 9/13.60%$56M30.00M
10UNITED STATES STL CORP NEWNOTE 5.000%11/03.51%$54M25.00M
11TWITTER INCNOTE 0.250% 6/1 · NOTE 1.000% 9/13.37%$52M41.00M
12PALO ALTO NETWORKS INCNOTE 0.750% 7/02.52%$39M29.50M
13EXACT SCIENCES CORPNOTE 1.000% 1/12.42%$38M20.00M
14BRIDGEBIO PHARMA INCNOTE 2.500% 3/12.35%$36M22.00M
15COLFAX CORPUNIT 01/15/2022T2.03%$32M175.0K
16CLFCLEVELAND-CLIFFS INC NEWhistory →COM1.93%$30M1.49M
17ZILLOW GROUP INCNOTE 0.750% 9/01.92%$30M10.00M
18CNXCNX RES CORPhistory →COM1.88%$29M1.99M
19PINDUODUO INCNOTE 12/01.72%$27M25.00M
20SPLUNK INCNOTE 1.125% 9/1 · NOTE 0.500% 9/11.55%$24M20.50M
21WDAYWORKDAY INChistory →CL A1.45%$22M90.2K
22COUPA SOFTWARE INCNOTE 0.125% 6/11.43%$22M13.00M
23EQTEQT CORPhistory →COM1.34%$21M1.12M
24NEXTERA ENERGY INCUNIT 99/99/9999 · UNIT 09/01/2022S1.33%$21M400.0K
25NUANCE COMMUNICATIONS INCDBCV 1.000%12/11.31%$20M11.00M
26CNKCINEMARK HLDGS INChistory →COM1.22%$19M926.7K
27BANDWIDTH INCNOTE 0.250% 3/01.19%$18M12.00M
28CYBERARK SOFTWARE LTDNOTE 11/10.94%$15M13.50M
29PROS HOLDINGS INCNOTE 1.000% 5/10.85%$13M13.00M
30TDOCTELADOC HEALTH INChistory →COM0.83%$13M71.2K
31WIX COM LTDNOTE 7/00.78%$12M6.00M
32KNOWLES CORPNOTE 3.250%11/00.76%$12M10.00M
33GUIDEWIRE SOFTWARE INCNOTE 1.250% 3/10.73%$11M10.00M
34BURLBURLINGTON STORES INChistory →COM0.67%$10M34.6K
35NEUROCRINE BIOSCIENCES INCNOTE 2.250% 5/10.66%$10M7.61M
36AES CORPUNIT 99/99/99990.63%$10M94.7K
37FFORD MTR CO DELCOM0.60%$9M762.7K
38INVITAE CORPCOM0.47%$7M190.6K
39RPDRAPID7 INCCOM0.46%$7M96.2K
40SHOPSHOPIFY INCCL A0.46%$7M6.4K
41IMPINJ INCNOTE 2.000%12/10.38%$6M3.25M
42GENNORTONLIFELOCK INCCOM0.37%$6M269.4K
43HOSTESS BRANDS INC*W EXP 11/04/2020.35%$5M3.74M
44OPENDOOR TECHNOLOGIES INC*W EXP 12/18/2020.33%$5M500.7K
45BKNGBOOKING HOLDINGS INCCOM0.33%$5M2.2K
46JXC1J2 GLOBAL INCCOM0.33%$5M42.5K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$5.2B102May 15, 202613F-HRchanges · EDGAR ↗
Q4 2025$5.1B103Feb 17, 202613F-HRchanges · EDGAR ↗
Q3 2025$4.5B95Nov 14, 202513F-HRchanges · EDGAR ↗
Q2 2025$3.1B96Aug 1, 202513F-HRchanges · EDGAR ↗
Q1 2025$2.5B92May 13, 202513F-HRchanges · EDGAR ↗
Q4 2024$3.1B97Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$2.9B102Nov 15, 202413F-HRchanges · EDGAR ↗
Q2 2024$2.7B101Aug 12, 202413F-HRchanges · EDGAR ↗
Q1 2024$2.7B101May 13, 202413F-HRchanges · EDGAR ↗
Q4 2023$2.5B103Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$2.6B105Nov 15, 202313F-HRchanges · EDGAR ↗
Q2 2023$2.7B101Aug 10, 202313F-HRchanges · EDGAR ↗
Q1 2023$3.1B120May 12, 202313F-HRchanges · EDGAR ↗
Q4 2022$3.7B133Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$3.5B135Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$3.3B139Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$3.8B150May 10, 202213F-HRchanges · EDGAR ↗
Q4 2021$3.2B121Feb 9, 202213F-HRchanges · EDGAR ↗
Q3 2021$2.6B104Nov 4, 202113F-HRchanges · EDGAR ↗
Q2 2021$2.3B106Aug 13, 202113F-HRchanges · EDGAR ↗
Q1 2021$1.5B96May 12, 202113F-HRchanges · EDGAR ↗
Q4 2020$1.4B86Feb 16, 2021RESTATEMENTchanges · EDGAR ↗
Q3 2020$751M72Nov 12, 202013F-HRchanges · EDGAR ↗
Q2 2020$662M67Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$604M63May 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$537M60Feb 14, 202013F-HRchanges · EDGAR ↗
Q3 2019$499M55Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019$354M47Aug 14, 201913F-HRchanges · EDGAR ↗
Q1 2019$280M41May 15, 201913F-HRchanges · EDGAR ↗
Q4 2018$197M34Feb 14, 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 ↗.