Fore Capital, LLC

New York, NY · CIK 1714672 · 13F filing filed 2024-08-07

No investment adviser registration (Form ADV) found for this filer. It may be a parent company whose subsidiaries are the registered advisers, a bank or insurer, or a manager based outside the US.

Legal entityFORE CAPITAL, LLC (US)

$66.1m reported value +19.9% vs Q1 2024

48positions

52.0%in top 10

17 new 10 added 1 reduced 10 sold out vs Q1 2024

Options: 2 call positions ($36.8m notional), 1 put positions ($54.4m notional) – listed below, not included above.

Holdings, Q2 2024

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	ISHARES GOLD TR ISHARES NEW IAU	IAU	178,000	$7.8m11.83%	11.83%	Added +20.0k	+20,000 12.7%
2	SHIFT4 PMTS INC NOTE 0.500% 8/0 · principal FOUR 0.5 08.01.27 · principal	FOUR 0.5 08.01.27	3,760,000	$3.6m5.40%	5.40%	Unchanged
3	OKTA INC NOTE 0.375% 6/1 · principal OKTA 0.375 06.15.26 · principal	OKTA 0.375 06.15.26	3,880,000	$3.6m5.39%	5.39%	Unchanged
4	BLOCK INC NOTE 5/0 · principal XYZ 0 05.01.26 · principal	XYZ 0 05.01.26	3,500,000	$3.1m4.76%	4.76%	Unchanged
5	LIBERTY LATIN AMERICA LTD NOTE 2.000% 7/1 · principal LILAK 2 07.15.24 · principal	LILAK 2 07.15.24	3,000,000	$3.0m4.52%	4.52%	Unchanged
6	OIL STS INTL INC NOTE 4.750% 4/0 · principal OIS 4.75 04.01.26 · principal	OIS 4.75 04.01.26	3,000,000	$2.9m4.40%	4.40%	Added +1.0m	+1,000,000 50.0%
7	CHEESECAKE FACTORY INC NOTE 0.375% 6/1 · principal CAKE 0.375 06.15.26 · principal	CAKE 0.375 06.15.26	3,000,000	$2.7m4.12%	4.12%	Unchanged
8	CABLE ONE INC NOTE 3/1 · principal CABO 0 03.15.26 · principal	CABO 0 03.15.26	3,000,000	$2.6m3.99%	3.99%	Unchanged
9	UNITY SOFTWARE INC NOTE 11/1 · principal U 0 11.15.26 · principal	U 0 11.15.26	3,000,000	$2.6m3.93%	3.93%	Unchanged
10	SPROTT ASSET MANAGEMENT LP TR UNIT CEF	CEF	110,000	$2.4m3.67%	3.67%	Unchanged
11	BOX INC NOTE 1/1 · principal BOX 0 01.15.26 · principal	BOX 0 01.15.26	2,000,000	$2.3m3.48%	3.48%	Unchanged
12	VANGUARD INDEX FDS REAL ESTATE ETF VNQ	VNQ	27,000	$2.3m3.42%	3.42%	New
13	GUARDANT HEALTH INC NOTE 11/1 · principal GH 0 11.15.27 · principal	GH 0 11.15.27	2,500,000	$1.9m2.93%	2.93%	Added +1.0m	+1,000,000 66.7%
14	NCL CORP LTD NOTE 1.125% 2/1 · principal NCLH 1.125 02.15.27 · principal	NCLH 1.125 02.15.27	2,000,000	$1.9m2.82%	2.82%	Unchanged
15	PROSHARES TR SHORT QQQ PSQ	PSQ	45,000	$1.8m2.76%	2.76%	New
16	RAPID7 INC NOTE 0.250% 3/1 · principal RPD 0.25 03.15.27 · principal	RPD 0.25 03.15.27	2,000,000	$1.8m2.72%	2.72%	Unchanged
17	BILL HOLDINGS INC NOTE 4/0 · principal BILL 0 04.01.27 · principal	BILL 0 04.01.27	2,000,000	$1.7m2.58%	2.58%	Unchanged
18	DIREXION SHS ETF TR DLY GOLD INDX 2X NUGT	NUGT	45,000	$1.7m2.56%	2.56%	New
19	VICI PPTYS INC COM VICI	VICI	57,000	$1.6m2.47%	2.47%	Added +12.0k	+12,000 26.7%
20	ALEXANDRIA REAL ESTATE EQ IN COM ARE	ARE	13,500	$1.6m2.39%	2.39%	New
21	TOYOTA MOTOR CORP ADS TM	TM	7,000	$1.4m2.17%	2.17%	New
22	ISHARES SILVER TR ISHARES SLV	SLV	50,000	$1.3m2.01%	2.01%	New
23	FIRST MAJESTIC SILVER CORP NOTE 0.375% 1/1 · principal AGCN 0.375 01.15.27 · principal	AGCN 0.375 01.15.27	1,500,000	$1.2m1.88%	1.88%	Unchanged
24	ALIBABA GROUP HLDG LTD SPONSORED ADS BABA	BABA	14,000	$1.0m1.52%	1.52%	New
25	JD.COM INC SPON ADS CL A JD	JD	37,500	$969.0k1.47%	1.47%	Added +27.4k	+27,400 271.3%
26	WOLFSPEED INC NOTE 0.250% 2/1 · principal WOLF 0.25 02.15.28 · principal	WOLF 0.25 02.15.28	1,500,000	$891.8k1.35%	1.35%	Unchanged
27	DIGITALOCEAN HLDGS INC NOTE 12/0 · principal DOCN 0 12.01.26 · principal	DOCN 0 12.01.26	1,000,000	$847.5k1.28%	1.28%	Unchanged
28	LITHIUM ARGENTINA AG NOTE 1.750% 1/1 · principal LARCN 1.75 01.15.27 · principal	LARCN 1.75 01.15.27	1,000,000	$757.5k1.15%	1.15%	Unchanged
29	BAUSCH PLUS LOMB CORP COMMON SHARES BLCO	BLCO	42,180	$612.5k0.93%	0.93%	Added +20.0k	+20,000 90.2%
30	FORTREA HLDGS INC COMMON STOCK FTRE	FTRE	25,000	$583.5k0.88%	0.88%	New
31	WARNER BROS DISCOVERY INC COM SER A WBD	WBD	64,000	$476.2k0.72%	0.72%	Added +15.0k	+15,000 30.6%
32	DROPBOX INC NOTE 3/0 · principal DBX 0 03.01.28 · principal	DBX 0 03.01.28	500,000	$457.2k0.69%	0.69%	Unchanged
33	COUSINS PPTYS INC COM NEW CUZ	CUZ	16,000	$370.4k0.56%	0.56%	New
34	STAG INDL INC COM STAG	STAG	10,000	$360.6k0.55%	0.55%	New
35	PRECIGEN INC COM PGEN	PGEN	206,811	$326.8k0.49%	0.49%	Reduced -100.0k	-99,980 -32.6%
36	PDD HOLDINGS INC SPONSORED ADS PDD	PDD	2,000	$265.9k0.40%	0.40%	New
37	GRAFTECH INTL LTD COM EAF	EAF	220,000	$213.4k0.32%	0.32%	Added +120.0k	+120,000 120.0%
38	CONTANGO ORE INC COM CTGO	CTGO	11,100	$200.6k0.30%	0.30%	New
39	COMPASS PATHWAYS PLC SPONSORED ADS CMPS	CMPS	30,000	$181.2k0.27%	0.27%	New
40	MIND MEDICINE MINDMED INC COM NEW COM NEW		15,000	$108.2k0.16%	0.16%	New
41	NOVAGOLD RES INC COM NEW NG	NG	30,000	$103.8k0.16%	0.16%	New
42	HYCROFT MINING HOLDING CORP CL A NEW HYMC	HYMC	40,000	$96.0k0.15%	0.15%	New
43	COMMSCOPE HLDG CO INC COM VISN	VISN	74,841	$92.1k0.14%	0.14%	Added +20.0k	+20,000 36.5%
44	LUMINAR TECHNOLOGIES INC COM CL A COM CL A		45,000	$67.0k0.10%	0.10%	Added +15.0k	+15,000 50.0%
45	DADA NEXUS LTD ADS DADA	DADA	45,000	$56.7k0.09%	0.09%	Unchanged
46	MULTIPLAN CORPORATION COM MPLN	MPLN	95,000	$36.9k0.06%	0.06%	New
47	BIOMERICA INC COM NEW BMRA	BMRA	59,680	$26.2k0.04%	0.04%	Unchanged
48	CLEAR CHANNEL OUTDOOR HLDGS COM CCO	CCO	10,000	$14.1k0.02%	0.02%	Unchanged

Sold out since Q1 2024

Security	Ticker	Shares held before	Value then
BLACKLINE INC BL 0 03.15.26	BL 0 03.15.26	3,480,000	$3.2m3.5m shares
DELTA AIR LINES INC DEL DAL	DAL	27,000	$1.3m27.0k shares
HUMANA INC HUM	HUM	3,000	$1.0m3.0k shares
MAG SILVER CORP MAG	MAG	34,000	$359.7k34.0k shares
MELCO RESORTS AND ENTMNT LTD MLCO	MLCO	37,000	$266.8k37.0k shares
PAN AMERN SILVER CORP PAAS	PAAS	17,000	$256.4k17.0k shares
COEUR MNG INC CDE	CDE	56,000	$211.1k56.0k shares
HECLA MNG CO HL	HL	42,000	$202.0k42.0k shares
TRILOGY METALS INC NEW TMQ	TMQ	280,000	$140.0k280.0k shares
SILVERCREST METALS INC SIL	SIL	17,000	$113.2k17.0k shares

Options (notional value)

Underlying	Ticker	Type	Shares controlled	Notional	Change
SPDR S&P 500 ETF TR SPY · Put	SPY	Put	100,000	$54.4m100.0k shares	Reduced
ISHARES SILVER TR SLV · Call	SLV	Call	1,245,000	$33.1m1.2m shares	Added
VANECK ETF TRUST GDX · Call	GDX	Call	110,000	$3.7m110.0k shares	Reduced