SEC 13F Intelligence

Managers / Q2 2021 · view latest →

Opti Capital Management, LP

CIK 0001738654 · 120 WEST 45TH STREET, NEW YORK, NY, 10036 · 2124302184

Reported Value
$933M
Q2 2021
Positions
35
Filings on Record
31
2019–present window
Filed
Aug 16, 2021
original filing

Summary

Opti Capital Management, LP reported $933M in U.S.-listed holdings across 35 positions for Q2 2021.

Its largest position, Natera, represents 10.7% of the portfolio.

Compared with Q1 2021, the fund opened 21 new positions and exited 21.

Portfolio Metrics

Turnover
+65.3%
vs prior filed quarter
Top-10 Concentration
+61.0%
share of reported value
Largest Position
+10.7%
Natera
New / Exited
21 / 21
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: $210MQ4 ’18Q1 ’19: $374MQ2 ’19: $608MQ3 ’19: $578MQ4 ’19: $665MQ4 ’19Q1 ’20: $488MQ2 ’20: $585MQ3 ’20: $817MQ4 ’20: $897MQ4 ’20Q1 ’21: $819MQ2 ’21: $933MQ3 ’21: $1.1BQ4 ’21: $1.3BQ4 ’21Q1 ’22: $1.2BQ2 ’22: $1.0BQ3 ’22: $1.1BQ4 ’22: $1.2BQ4 ’22Q1 ’23: $1.2BQ2 ’23: $1.2BQ3 ’24: $1.7BQ4 ’24: $2.2BQ4 ’24Q1 ’25: $1.6BQ2 ’25: $1.8BQ3 ’25: $1.6BQ4 ’25: $1.4BQ4 ’25Q1 ’26: $1.4Bfilingsflow.com

Portfolio Composition

By security type
US DOMESTIC: 99.4%GLOBAL: 0.5%Common Stock: 0.1%
  • US DOMESTIC · 99.4% · $927M
  • GLOBAL · 0.5% · $5M
  • Common Stock · 0.1% · $488,000

Quarter-over-Quarter Changes full breakdown →

vs Q1 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
NATERA INCNEW+32.90M32.90M+$100M$100M
DICKS SPORTING GOODS INCNEW+24.37M24.37M+$72M$72M
CONMED CORPNEW+44.06M44.06M+$71M$71M
CREE INCNEW+26.50M26.50M+$58M$58M
SLACK TECHNOLOGIES INCNEW+31.32M31.32M+$47M$47M
SAILPOINT TECHNOLOGIES HLDGSNEW+23.98M23.98M+$45M$45M
FORTIVE CORPNEW+31.93M31.93M+$32M$32M
COHERUS BIOSCIENCES INCNEW+29.15M29.15M+$30M$30M

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

Holdings — Q2 2021

34 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1NATERA INCNOTE 2.250% 5/010.71%$100M32.90M
2DICKS SPORTING GOODS INCNOTE 3.250% 4/17.75%$72M24.37M
3CONMED CORPNOTE 2.625% 2/07.64%$71M44.06M
4NEW RELIC INCNOTE 0.500% 5/07.16%$67M66.73M
5CREE INCNOTE 1.750% 5/06.17%$58M26.50M
6SLACK TECHNOLOGIES INCNOTE 0.500% 4/15.07%$47M31.32M
7SAILPOINT TECHNOLOGIES HLDGSNOTE 0.125% 9/14.82%$45M23.98M
8FIREEYE INCNOTE 1.625% 6/04.03%$38M37.75M
9SUPERNUS PHARMACEUTICALS INCNOTE 0.625% 4/03.97%$37M37.35M
10IONIS PHARMACEUTICALS INCNOTE 0.125%12/13.65%$34M36.59M
11FORTIVE CORPNOTE 0.875% 2/13.44%$32M31.93M
12COHERUS BIOSCIENCES INCNOTE 1.500% 4/13.21%$30M29.15M
13BIOMARIN PHARMACEUTICAL INCNOTE 0.599% 8/02.96%$28M26.46M
14INSIGHT ENTERPRISES INCNOTE 0.750% 2/12.70%$25M16.47M
15KBR INCNOTE 2.500%11/02.69%$25M16.00M
16NUVASIVE INCNOTE 1.000% 6/02.51%$23M22.41M
17BURLINGTON STORES INCNOTE 2.250% 4/12.47%$23M14.50M
18VONAGE HLDGS CORPNOTE 1.750% 6/02.18%$20M18.07M
19RETROPHIN INCNOTE 2.500% 9/12.07%$19M22.58M
20OMEROS CORPNOTE 6.250%11/1 · NOTE 5.250% 2/12.06%$19M17.20M
21MODEL N INCNOTE 2.625% 6/01.71%$16M12.50M
22KARYOPHARM THERAPEUTICS INCNOTE 3.000%10/11.61%$15M15.00M
23PEGASYSTEMS INCNOTE 0.750% 3/01.48%$14M11.50M
24FLEXION THERAPEUTICS INCNOTE 3.375% 5/01.28%$12M13.16M
25PTC THERAPEUTICS INCNOTE 3.000% 8/10.94%$9M8.00M
26OPKO HEALTH INCNOTE 4.500% 2/10.86%$8M6.20M
27ON SEMICONDUCTOR CORPNOTE 1.625%10/10.82%$8M4.00M
28WAYFAIR INCNOTE 1.125%11/00.74%$7M2.50M
29LIGAND PHARMACEUTICALS INCNOTE 0.750% 5/10.72%$7M6.72M
30NATIONAL VISION HLDGS INCNOTE 2.500% 5/10.71%$7M3.75M
31IRONWOOD PHARMACEUTICALS INCNOTE 0.750% 6/10.67%$6M5.30M
32LUMINEX CORP DELNOTE 3.000% 5/10.62%$6M5.81M
33EVOLENT HEALTH INCNOTE 1.500%10/10.52%$5M5.00M
34PPURE STORAGE INCCL A0.05%$488,00025.0K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$1.4B36May 15, 202613F-HRchanges · EDGAR ↗
Q4 2025$1.4B43Feb 17, 202613F-HRchanges · EDGAR ↗
Q3 2025$1.6B44Nov 14, 202513F-HRchanges · EDGAR ↗
Q2 2025$1.8B46Aug 14, 202513F-HRchanges · EDGAR ↗
Q1 2025$1.6B53May 15, 202513F-HRchanges · EDGAR ↗
Q4 2024$2.2B66Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$1.7B55Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024Under review56Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024Under review48May 15, 202413F-HRchanges · EDGAR ↗
Q4 2023Under review50Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023Under review56Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$1.2B49Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$1.2B53May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022$1.2B63Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$1.1B57Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$1.0B43Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$1.2B42May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$1.3B37Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$1.1B35Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$933M35Aug 16, 202113F-HRchanges · EDGAR ↗
Q1 2021$819M35May 17, 202113F-HRchanges · EDGAR ↗
Q4 2020$897M34Feb 16, 202113F-HRchanges · EDGAR ↗
Q3 2020$817M32Nov 16, 202013F-HRchanges · EDGAR ↗
Q2 2020$585M31Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$488M31May 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$665M24Feb 14, 202013F-HRchanges · EDGAR ↗
Q3 2019$578M29Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019$608M30Aug 14, 201913F-HRchanges · EDGAR ↗
Q1 2019$374M23May 13, 201913F-HRchanges · EDGAR ↗
Q4 2018$210M25Feb 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 ↗.