Arrowgrass Capital Partners (us) L.P. 13F annual report

Arrowgrass Capital Partners (us) L.P. is an investment fund managing more than $41.7 million ran by David Worley. There are currently 24 companies in Mr. Worley’s portfolio. The largest investments include Halliburton Co and AbbVie, together worth $13.9 million.

$41.7 million Assets Under Management (AUM)

As of 7th October 2020, Arrowgrass Capital Partners (us) L.P.’s top holding is 329,499 shares of Halliburton Co currently worth over $8.06 million and making up 19.3% of the portfolio value. Relative to the number of outstanding shares of Halliburton Co, Arrowgrass Capital Partners (us) L.P. owns more than approximately 0.1% of the company. In addition, the fund holds 65,970 shares of AbbVie worth $5.84 million, whose value grew 6.9% in the past six months. The third-largest holding is Pfizer worth $5.56 million and the next is American Airls Group Inc worth $4.14 million, with 144,254 shares owned.

Currently, Arrowgrass Capital Partners (us) L.P.'s portfolio is worth at least $41.7 million. The total portfolio value may be much higher due to cash assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.

Careers at Arrowgrass Capital Partners (us) L.P.

The Arrowgrass Capital Partners (us) L.P. office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, David Worley serves as the Chief Compliance Officer at Arrowgrass Capital Partners (us) L.P..

Recent trades

In the most recent 13F filing, Arrowgrass Capital Partners (us) L.P. revealed that it had opened a new position in Duke and bought 2,251 shares worth $205 thousand. This means they effectively own approximately 0.1% of the company. Duke makes up 100.0% of the fund's Miscellaneous sector allocation and has grown its share price by 1.0% in the past year.

The investment fund also strengthened its position in Halliburton Co by buying 3,829 additional shares. This makes their stake in Halliburton Co total 329,499 shares worth $8.06 million. Halliburton Co dropped 33.2% in the past year.

On the other hand, there are companies that Arrowgrass Capital Partners (us) L.P. is getting rid of from its portfolio. Arrowgrass Capital Partners (us) L.P. closed its position in Uber Technologies on 14th February 2020. It sold the previously owned 4,197,399 shares for $128 million. David Worley also disclosed a decreased stake in AbbVie by 0.6%. This leaves the value of the investment at $5.84 million and 65,970 shares.

One of the smallest hedge funds

The two most similar investment funds to Arrowgrass Capital Partners (us) L.P. are Stone House Capital Management and Independence Wealth Advisors. They manage $41.7 million and $41.6 million respectively.

David Worley investment strategy

Arrowgrass Capital Partners (us) L.P.’s portfolio is diversified across 8 sectors. Currently, their heaviest sector is Health Care — making up 42.7% of the total portfolio value. The fund focuses on investments in the United States as 62.5% of the portfolio companies are based in the United States.

The majority of the companies in the fund’s portfolio are large-cap stocks. Stocks with a size of more than $10 billion in market cap make up 58% of the total holdings value. On the other hand, small-cap stocks make up only 8.3% of the portfolio. The average market cap of the portfolio companies is close to $136 billion.

The complete list of Arrowgrass Capital Partners (us) L.P. trades based on 13F SEC filings

These positions were updated on February 14th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.

Security	Shares Owned	Value	Allocation
Uber Technologies, Inc.	Closed 4,197,399	$127,895,000
Social Cap Hedosophia Hldgs	Closed 4,100,000	$43,870,000
Gores Holdings Iii Inc	Closed 2,250,000	$22,748,000
Mosaic Acquisition Corp	Closed 1,999,998	$20,660,000
Gores Metropoulos Inc	Closed 2,000,000	$20,200,000
Barclays Bk Plc	Closed 652,801	$15,497,000
Gs Acquisition Hldgs Corp	Closed 1,500,000	$15,300,000
Zillow Group, Inc.	Closed 491,600	$14,660,000
Replay Acquisition Corp.	Closed 1,250,000	$12,413,000
Act II Global Acquisition Corp.	Closed 1,250,000	$12,313,000
Halliburton Co.	1.18% 329,499	$8,063,000	19.35%
iQIYI, Inc.	Closed 462,000	$7,452,000
Ishares Tr	Closed 211,349	$8,606,000
Select Sector Spdr Tr	Closed 214,766	$9,836,000
Target Hospitality Corp	Closed 1,000,000	$6,810,000
MetLife, Inc.	Closed 143,941	$6,788,000
Spdr Series Trust	Closed 366,796	$10,537,000
AbbVie, Inc.	57.18% 65,970	$5,841,000	14.02%
Pfizer Inc.	4.60% 141,992	$5,563,000	13.35%
Okta, Inc.	Closed 53,000	$5,218,000
Alps Etf Tr	Closed 554,231	$5,066,000
American Airls Group Inc	36.25% 144,254	$4,137,000	9.93%
Deutsche Bank Ag	Closed 597,827	$4,105,000
Proofpoint, Inc.	Closed 29,748	$3,839,000
Berkshire Hathaway Inc.	Closed 18,372	$3,822,000
Baidu, Inc.	27.92% 30,000	$3,792,000	9.10%
The Kraft Heinz Co.	Closed 128,852	$3,599,000
Yy Inc	Closed 62,250	$3,500,000
Sundial Growers, Inc.	No change 1,106,595	$3,331,000	7.99%
Aerie Pharmaceuticals, Inc.	Closed 151,350	$2,909,000
BlackRock, Inc.	Closed 6,436	$2,868,000
United States Stl Corp New	Closed 212,491	$2,454,000
Prudential Finl Inc	Closed 24,829	$2,233,000
3M Co.	Closed 13,554	$2,228,000
General Mtrs Co	15.26% 59,873	$2,191,000	5.26%
JD.com, Inc.	Closed 76,411	$2,156,000
Caterpillar, Inc.	Closed 16,713	$2,111,000
NextEra Energy Partners LP	Closed 36,982	$1,954,000
Alexion Pharmaceuticals, Inc.	20.46% 17,461	$1,888,000	4.53%
Cisco Sys Inc	Closed 34,088	$1,684,000
ConocoPhillips	Closed 28,679	$1,634,000
Schlumberger Ltd	68.18% 40,200	$1,616,000	3.88%
Waitr Holdings, Inc.	Closed 1,232,042	$1,583,000
Alnylam Pharmaceuticals, Inc.	Closed 19,325	$1,554,000
Illumina, Inc.	Closed 4,512	$1,373,000
Exxon Mobil Corp.	Closed 18,651	$1,317,000
MGM Resorts International	Closed 43,099	$1,195,000
Colgate-Palmolive Co.	Closed 15,993	$1,176,000
NIKE, Inc.	Closed 12,139	$1,140,000
Bristol Myers Squibb Co.	Closed 21,224	$1,076,000
Alcoa Corp.	Closed 47,308	$949,000
HP, Inc.	Closed 45,857	$868,000
Lilly Eli & Co	76.27% 5,389	$708,000	1.70%
DuPont de Nemours, Inc.	Closed 9,010	$643,000
PayPal Holdings, Inc.	56.99% 5,872	$635,000	1.52%
Cardinal Health, Inc.	72.17% 12,054	$610,000	1.46%
Marvell Technology Group Ltd.	Closed 22,420	$560,000
Johnson & Johnson	57.71% 3,841	$560,000	1.34%
Best Buy Co., Inc.	Closed 8,086	$558,000
AT&T Inc.	64.16% 12,552	$491,000	1.18%
The Blackstone Group, Inc.	75.36% 8,140	$455,000	1.09%
General Mls Inc	4.38% 7,551	$404,000	0.97%
Activision Blizzard, Inc.	19.66% 5,588	$332,000	0.80%
Wynn Resorts Ltd.	89.18% 2,135	$296,000	0.71%
Ishares Inc	Closed 6,980	$294,000
Corteva, Inc.	Closed 9,009	$252,000
Dow, Inc.	Closed 4,968	$237,000
Duke Energy Corp.	Opened 2,251	$205,000	0.49%
Morgan Stanley	72.80% 3,643	$186,000	0.45%
Costco Whsl Corp New	22.94% 611	$180,000	0.43%
QUALCOMM, Inc.	Closed 2,054	$157,000
Lowes Cos Inc	79.24% 1,045	$125,000	0.30%
Lam Research Corp.	19.13% 218	$64,000	0.15%
Alphabet, Inc.	No change 1	$1,000	0.00%
No transactions found
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