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Chanos & Co LP

SEC CIK
0001446440
Latest filing
Nov 14, 2023

The latest 13F from Chanos & Co LP covers Q3 2023 (filed Nov 14, 2023): 7 long positions worth $3.87M. The top 10 holdings make up 100.0% of the portfolio, and the largest is State Street SPDR S&P Regional Banking ETF at 53.8%. Livermore has 4 filings on Form 13F from this institution, going back to Q4 2022.

What changed in Q3 2023

Share counts compared with Q2 2023: how many positions were new, added to, reduced or sold out, and the biggest buys and sells. Dollar amounts are estimated at the quarter-end prices implied by the filing.

Full comparison
New
2
Est. +$917.8K
Added
0
Reduced
1
Est. −$2.12M
Sold out
5
Est. −$986.2K

Top 5 holdings

Share of this quarter's portfolio value

  1. State Street SPDR S&P Regional Banking ETF78464A698
    53.8%$2.08M
  2. Invesco QQQ Trust Series I46090E103
    19.8%$764.5K
  3. iShares Trust iShares 0-1 Year Treasury Bond ETF464288679
    7.8%$301.0K
  4. State Street SPDR Bloomberg 1-3 Month T-Bill ETF78468R663
    7.8%$300.7K
  5. USARUSA Rare Earth, Inc.
    4.0%$153.3KHistory

Biggest buys

New and added positions, by estimated amount bought

  1. Invesco QQQ Trust Series I46090E103
    +$764.5KNew
  2. USARUSA Rare Earth, Inc.
    +$153.3KNewHistory

Largest weight increases

New and added positions, by percentage points of the portfolio gained

  1. Invesco QQQ Trust Series I46090E103
    +19.78 pp0.0% → 19.8%
  2. USARUSA Rare Earth, Inc.
    +3.96 pp0.0% → 4.0%History

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. State Street SPDR S&P Regional Banking ETF78464A698
    −$2.12MReduced
  2. EVAEnviva, LLC
    −$670.2KSold outHistory
  3. UTA Acquisition CorpG9473A109
    −$158.3KSold out
  4. Inflection PT Acquisitn CRPG4790U128
    −$151.8KSold out
  5. Allego N VN0796A118
    −$5.80KSold out

Largest weight decreases

Reduced and sold-out positions, by percentage points of the portfolio lost

  1. State Street SPDR S&P Regional Banking ETF78464A698
    −15.13 pp68.9% → 53.8%
  2. EVAEnviva, LLC
    −11.26 pp11.3% → 0.0%History
  3. UTA Acquisition CorpG9473A109
    −2.66 pp2.7% → 0.0%
  4. Inflection PT Acquisitn CRPG4790U128
    −2.55 pp2.5% → 0.0%
  5. Allego N VN0796A118
    −0.10 pp0.1% → 0.0%

Metrics

13F metrics for Q3 2023, computed only from the numbers in the filings. Definitions below.

Portfolio value
$3.87M
−$2.09M (−35.1%) vs. prior quarter
Positions
7
−3 vs. prior quarter
Top 10 concentration
100.0%
Top 10 as share of value
Turnover
18.7%
Q3 2023, one quarter
Average holding period
2.0 quarters
Weighted by value

How these are calculated

  • Portfolio value: the market value of all long positions in the 13F, as reported at quarter end, excluding options.
  • Top 10 concentration: the combined value of the 10 largest positions as a share of portfolio value.
  • Turnover: the smaller of this quarter's estimated purchases and estimated sales, divided by the average of this and last quarter's portfolio value. Estimates multiply the change in shares by the quarter-end price implied by the filing (market value divided by shares); new positions use this quarter's value and sold-out positions last quarter's. Only positions reported in shares count, and it is not calculated when the previous quarter was not filed.
  • Average holding period: how many consecutive quarters each current position has been held (including this one; a quarter without the position or without a filing starts the count over), weighted by this quarter's value. Counting starts with the first 13F in Livermore (Q4 2022), so positions held before then are understated.

13F filings by quarter

4 quarters, going back to Q4 2022. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.

Peak $38.0M (Q4 2022)

Q4 2022: $38.0MQ1 2023: $1.29MQ2 2023: $5.95MQ3 2023: $3.87M
Q4 2022Q3 2023
13F filings of Chanos & Co LP by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q3 2023Nov 14, 20237$3.87MState Street SPDR S&P Regional Banking ETFInvesco QQQ Trust Series IiShares Trust iShares 0-1 Year Treasury Bond ETFvs. Q2 2023SEC
Q2 2023Aug 14, 202310$5.95MState Street SPDR S&P Regional Banking ETFEVAiShares Trust iShares 0-1 Year Treasury Bond ETFvs. Q1 2023SEC
Q1 2023May 15, 20235$1.29MiShares Trust iShares 0-1 Year Treasury Bond ETFState Street SPDR Bloomberg 1-3 Month T-Bill ETFUTA Acquisition Corpvs. Q4 2022SEC
Q4 2022Feb 14, 202311$38.0MSPYVanguard Real Estate ETFInvesco QQQ Trust Series I–SEC