Connacht Asset Management LP

New York, NY · CIK 1802462 · 13F filing filed 2023-05-15

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 entityCONNACHT ASSET MANAGEMENT LP (US)

Others nearbyNew York, NY

$34.8m reported value -29.6% vs Q4 2022

76positions

26.2%in top 10

20 new 27 added 28 reduced 19 sold out vs Q4 2022

Options: 3 call positions ($1.6m notional), 55 put positions ($198.0m notional) – listed below, not included above.

Holdings, Q1 2023

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	DIGITALBRIDGE GROUP INC CL A NEW CL A NEW		102,939	$1.2m3.54%	3.54%	Reduced -43.2k	-43,243 -29.6%
2	EXPAND ENERGY CORPORATION COM EXE	EXE	13,970	$1.1m3.05%	3.05%	Reduced -15.0k	-15,022 -51.8%
3	SKECHERS U S A INC CL A SKX	SKX	20,895	$992.9k2.85%	2.85%	New
4	ACADIA HEALTHCARE COMPANY IN COM ACHC	ACHC	13,255	$957.7k2.75%	2.75%	Reduced -6.4k	-6,381 -32.5%
5	CASELLA WASTE SYS INC CL A CWST	CWST	10,951	$905.2k2.60%	2.60%	Reduced -2.6k	-2,640 -19.4%
6	CERENCE INC COM CRNC	CRNC	32,097	$901.6k2.59%	2.59%	Added +5.0k	+4,984 18.4%
7	TOPGOLF CALLAWAY BRANDS CORP COM CALY	CALY	39,736	$859.1k2.47%	2.47%	Reduced -8.9k	-8,868 -18.2%
8	WOLFSPEED INC COM WOLF	WOLF	12,058	$783.2k2.25%	2.25%	Reduced -1.5k	-1,503 -11.1%
9	DIGITALOCEAN HLDGS INC COM DOCN	DOCN	18,752	$734.5k2.11%	2.11%	Reduced -4.0k	-4,041 -17.7%
10	CHEFS WHSE INC COM CHEF	CHEF	20,055	$682.9k1.96%	1.96%	Reduced -6.2k	-6,232 -23.7%
11	WESCO INTL INC COM WCC	WCC	4,386	$677.8k1.95%	1.95%	New
12	BJS WHSL CLUB HLDGS INC COM BJ	BJ	8,731	$664.2k1.91%	1.91%	Added +2.0k	+2,019 30.1%
13	TIMKEN CO COM TKR	TKR	8,092	$661.3k1.90%	1.90%	New
14	HANCOCK WHITNEY CORPORATION COM HWC	HWC	17,659	$642.8k1.85%	1.85%	Added +352	+352 2.0%
15	HOSTESS BRANDS INC CL A TWNK	TWNK	23,116	$575.1k1.65%	1.65%	Reduced -4.9k	-4,931 -17.6%
16	NORTHWESTERN ENERGY GROUP IN COM NEW NWE	NWE	9,803	$567.2k1.63%	1.63%	Added +2.5k	+2,542 35.0%
17	VALVOLINE INC COM VVV	VVV	16,048	$560.7k1.61%	1.61%	New
18	ALLISON TRANSMISSION HLDGS I COM ALSN	ALSN	12,318	$557.3k1.60%	1.60%	Added +4.9k	+4,903 66.1%
19	THE CIGNA GROUP COM CI	CI	2,085	$532.8k1.53%	1.53%	Reduced -1.2k	-1,223 -37.0%
20	AIR TRANSPORT SERVICES GRP I COM ATSG	ATSG	25,178	$524.5k1.51%	1.51%	Added +1.1k	+1,129 4.7%
21	DOUBLEVERIFY HLDGS INC COM DV	DV	16,199	$488.4k1.40%	1.40%	Reduced -27.4k	-27,413 -62.9%
22	NIKE INC CL B NKE	NKE	3,937	$482.8k1.39%	1.39%	Added +521	+521 15.2%
23	FLYWIRE CORPORATION COM VTG FLYW	FLYW	16,064	$471.6k1.35%	1.35%	Added +2.8k	+2,754 20.7%
24	FIVE9 INC COM FIVN	FIVN	6,450	$466.3k1.34%	1.34%	Added +719	+719 12.6%
25	SUMMIT MATLS INC CL A SUM	SUM	16,319	$464.9k1.34%	1.34%	Added +2.0k	+2,002 14.0%
26	AMERICOLD REALTY TRUST INC COM COLD	COLD	16,305	$463.9k1.33%	1.33%	Added +1.8k	+1,818 12.6%
27	BAUSCH PLUS LOMB CORP COMMON SHARES BLCO	BLCO	26,589	$462.9k1.33%	1.33%	Added +12.7k	+12,725 91.8%
28	ELEVANCE HEALTH INC COM ELV	ELV	1,006	$462.6k1.33%	1.33%	New
29	TRAVEL PLUS LEISURE CO COM TNL	TNL	11,763	$461.1k1.32%	1.32%	Added +626	+626 5.6%
30	RBC BEARINGS INC COM RBC	RBC	1,981	$461.0k1.32%	1.32%	Reduced -500	-500 -20.1%
31	UNITED THERAPEUTICS CORP DEL COM UTHR	UTHR	2,047	$458.4k1.32%	1.32%	Added +589	+589 40.4%
32	SPROUTS FMRS MKT INC COM SFM	SFM	13,050	$457.1k1.31%	1.31%	New
33	PLANET FITNESS INC CL A PLNT	PLNT	5,851	$454.4k1.31%	1.31%	Added +1.1k	+1,143 24.3%
34	POST HLDGS INC COM POST	POST	5,052	$454.0k1.30%	1.30%	Added +613	+613 13.8%
35	CIVITAS RESOURCES INC COM NEW CIVI	CIVI	6,631	$453.2k1.30%	1.30%	New
36	AXON ENTERPRISE INC COM AXON	AXON	2,007	$451.3k1.30%	1.30%	Reduced -389	-389 -16.2%
37	MARAVAI LIFESCIENCES HLDGS I COM CL A MRVI	MRVI	30,969	$433.9k1.25%	1.25%	Added +3.3k	+3,283 11.9%
38	CUBESMART COM CUBE	CUBE	9,293	$429.5k1.23%	1.23%	Reduced -843	-843 -8.3%
39	COCA COLA CO COM KO	KO	6,857	$425.3k1.22%	1.22%	Reduced -6.7k	-6,686 -49.4%
40	EAST WEST BANCORP INC COM EWBC	EWBC	7,616	$422.7k1.21%	1.21%	Reduced -5.2k	-5,246 -40.8%
41	INTRA-CELLULAR THERAPIES INC COM ITCI	ITCI	7,774	$421.0k1.21%	1.21%	Added +232	+232 3.1%
42	JOHNSON & JOHNSON COM JNJ	JNJ	2,561	$397.0k1.14%	1.14%	Reduced -3.5k	-3,468 -57.5%
43	LIBERTY ENERGY INC COM CL A LBRT	LBRT	30,275	$387.8k1.11%	1.11%	Reduced -53.5k	-53,471 -63.9%
44	PPL CORP COM PPL	PPL	13,753	$382.2k1.10%	1.10%	New
45	ASTRAZENECA PLC SPONSORED ADR SPONSORED ADR		5,478	$380.2k1.09%	1.09%	Reduced -9.2k	-9,165 -62.6%
46	ENPHASE ENERGY INC COM ENPH	ENPH	1,756	$369.3k1.06%	1.06%	New
47	MP MATERIALS CORP COM CL A MP	MP	12,844	$362.1k1.04%	1.04%	Reduced -106	-106 -0.8%
48	UNIVERSAL DISPLAY CORP COM OLED	OLED	2,287	$354.8k1.02%	1.02%	Reduced -534	-534 -18.9%
49	COHERENT CORP COM COHR	COHR	9,147	$348.3k1.00%	1.00%	Added +121	+121 1.3%
50	EXELON CORP COM EXC	EXC	8,267	$346.3k0.99%	0.99%	New
51	BANK OZK LITTLE ROCK ARK COM OZK	OZK	10,111	$345.8k0.99%	0.99%	Reduced -369	-369 -3.5%
52	CYMABAY THERAPEUTICS INC COM CBAY	CBAY	39,127	$341.2k0.98%	0.98%	New
53	CACTUS INC CL A WHD	WHD	8,236	$339.6k0.98%	0.98%	Added +2.1k	+2,136 35.0%
54	ROKU INC COM CL A ROKU	ROKU	5,059	$333.0k0.96%	0.96%	Reduced -5.0k	-5,020 -49.8%
55	UNITEDHEALTH GROUP INC COM UNH	UNH	701	$331.3k0.95%	0.95%	New
56	COSTCO WHSL CORP NEW COM COST	COST	658	$326.9k0.94%	0.94%	New
57	MAGNITE INC COM MGNI	MGNI	35,204	$326.0k0.94%	0.94%	Added +6.0k	+5,988 20.5%
58	CALIFORNIA RES CORP COM STOCK CRC	CRC	8,455	$325.5k0.93%	0.93%	Reduced -52.3k	-52,337 -86.1%
59	POWER INTEGRATIONS INC COM POWI	POWI	3,834	$324.5k0.93%	0.93%	Added +939	+939 32.4%
60	MACOM TECH SOLUTIONS HLDGS I COM MTSI	MTSI	4,488	$317.9k0.91%	0.91%	New
61	BJS RESTAURANTS INC COM BJRI	BJRI	10,575	$308.2k0.89%	0.89%	Reduced -426	-426 -3.9%
62	ICON PLC SHS ICLR	ICLR	1,301	$277.9k0.80%	0.80%	New
63	ENVISTA HOLDINGS CORPORATION COM NVST	NVST	6,412	$262.1k0.75%	0.75%	Added +241	+241 3.9%
64	ASML HOLDING N V N Y REGISTRY SHS ASML	ASML	384	$261.4k0.75%	0.75%	Reduced -860	-860 -69.1%
65	SURGERY PARTNERS INC COM SGRY	SGRY	7,557	$260.5k0.75%	0.75%	New
66	EXCELERATE ENERGY INC CL A COM EE	EE	11,240	$248.9k0.71%	0.71%	New
67	FLUENCE ENERGY INC COM CL A FLNC	FLNC	11,988	$242.8k0.70%	0.70%	Added +2.0k	+1,988 19.9%
68	CYTOKINETICS INC COM NEW CYTK	CYTK	6,874	$241.9k0.69%	0.69%	Added +374	+374 5.8%
69	XENON PHARMACEUTICALS INC COM XENE	XENE	6,391	$228.7k0.66%	0.66%	New
70	MIRATI THERAPEUTICS INC COM MRTX	MRTX	5,994	$222.9k0.64%	0.64%	Reduced -1.1k	-1,141 -16.0%
71	PROPETRO HLDG CORP COM PUMP	PUMP	30,196	$217.1k0.62%	0.62%	Added +9.9k	+9,909 48.8%
72	INHIBRX INC COM INBX	INBX	11,433	$215.7k0.62%	0.62%	Reduced -710	-710 -5.8%
73	CRINETICS PHARMACEUTICALS IN COM CRNX	CRNX	13,391	$215.1k0.62%	0.62%	Added +1.1k	+1,054 8.5%
74	THE TRADE DESK INC COM CL A TTD	TTD	3,335	$203.1k0.58%	0.58%	New
75	BROOKDALE SR LIVING INC COM BKD	BKD	49,653	$146.5k0.42%	0.42%	New
76	KATAPULT HOLDINGS INC W EXP 06/09/202 W EXP 06/09/202		63,478	$3.7k0.01%	0.01%	Unchanged

Sold out since Q4 2022

Security	Ticker	Shares held before	Value then
KLX ENERGY SERVICS HOLDNGS I KLXE	KLXE	184,411	$3.2m184.4k shares
NINE ENERGY SERVICE INC NINEQ	NINEQ	149,266	$2.2m149.3k shares
NATERA INC NTRA	NTRA	27,654	$1.1m27.7k shares
SOUTHWESTERN ENERGY CO SWN	SWN	185,100	$1.1m185.1k shares
AXSOME THERAPEUTICS INC AXSM	AXSM	11,773	$908.1k11.8k shares
HUMANA INC HUM	HUM	1,642	$841.0k1.6k shares
AMAZON COM INC AMZN	AMZN	9,689	$813.9k9.7k shares
VANECK ETF TRUST OIH	OIH	1,468	$446.3k1.5k shares
PACWEST BANCORP DEL PACW	PACW	19,281	$442.5k19.3k shares
CUSTOMERS BANCORP INC CUBI	CUBI	15,474	$438.5k15.5k shares
RADIUS GLOBAL INFRASTRCTRE I RADIG	RADIG	34,433	$407.0k34.4k shares
ROGERS CORP ROG	ROG	2,826	$337.3k2.8k shares
GUARDANT HEALTH INC GH	GH	12,048	$327.7k12.0k shares
Q2 HLDGS INC QTWO	QTWO	12,049	$323.8k12.0k shares
VIASAT INC VSAT	VSAT	9,959	$315.2k10.0k shares
SPDR SER TR XOP	XOP	2,306	$313.3k2.3k shares
LUMENTUM HLDGS INC LITE	LITE	6,006	$313.3k6.0k shares
EXACT SCIENCES CORP EXAS	EXAS	6,006	$297.4k6.0k shares
FRONTIER GROUP HLDGS INC ULCC	ULCC	28,421	$291.9k28.4k shares

Options (notional value)

Underlying	Ticker	Type	Shares controlled	Notional	Change
SPDR S&P 500 ETF TR SPY · Put	SPY	Put	214,200	$87.7m214.2k shares	Added
INVESCO QQQ TR QQQ · Put	QQQ	Put	86,900	$27.9m86.9k shares	New
SPDR INDEX SHS FDS FEZ · Put	FEZ	Put	421,000	$18.9m421.0k shares	Reduced
SPDR SER TR XRT · Put	XRT	Put	145,500	$9.2m145.5k shares	Reduced
UPSTART HLDGS INC UPST · Put	UPST	Put	290,000	$4.6m290.0k shares	Added
ALLY FINL INC ALLY · Put	ALLY	Put	130,000	$3.3m130.0k shares	Added
ISHARES TR IWM · Put	IWM	Put	17,000	$3.0m17.0k shares	New
COINBASE GLOBAL INC COIN · Put	COIN	Put	43,900	$3.0m43.9k shares	Reduced
AFFIRM HLDGS INC AFRM · Put	AFRM	Put	208,800	$2.4m208.8k shares	Reduced
RIOT PLATFORMS INC RIOT · Put	RIOT	Put	202,600	$2.0m202.6k shares	New
ON HLDG AG ONON · Put	ONON	Put	59,500	$1.8m59.5k shares	New
URBAN OUTFITTERS INC URBN · Put	URBN	Put	65,900	$1.8m65.9k shares	Added
MARA HOLDINGS INC MARA · Put	MARA	Put	200,400	$1.7m200.4k shares	New
WILLIAMS SONOMA INC WSM · Put	WSM	Put	12,400	$1.5m12.4k shares	Added
FLOOR & DECOR HLDGS INC FND · Put	FND	Put	15,000	$1.5m15.0k shares	New
BUILDERS FIRSTSOURCE INC BLDR · Put	BLDR	Put	16,000	$1.4m16.0k shares	New
OWENS & MINOR INC NEW ACH · Put	ACH	Put	89,500	$1.3m89.5k shares	New
DAVE & BUSTERS ENTMT INC PLAY · Put	PLAY	Put	34,000	$1.3m34.0k shares	Reduced
UPBOUND GROUP INC UPBD · Put	UPBD	Put	50,000	$1.2m50.0k shares	Reduced
TESLA INC TSLA · Put	TSLA	Put	5,800	$1.2m5.8k shares	New
REVOLVE GROUP INC RVLV · Put	RVLV	Put	45,000	$1.2m45.0k shares	Added
AMERICAS CAR-MART INC CRMT · Put	CRMT	Put	14,400	$1.1m14.4k shares	Reduced
BURLINGTON STORES INC BURL · Put	BURL	Put	5,000	$1.0m5.0k shares	Reduced
MACYS INC M · Put	M	Put	56,500	$988.2k56.5k shares	Reduced
WAYFAIR INC W · Put	W	Put	28,000	$961.5k28.0k shares	Added