Skip to main content

CQS (US), LLC

SEC CIK
0001447946
Latest filing
Aug 6, 2024

Holdings in Q4 2021

Holdings as of Dec 31, 2021, filed Feb 10, 2022. Long positions only; changes compare share counts with Q3 2021.

Institution overview
Positions
109
−10 vs. Q3 2021
Portfolio value
$1.59B
−$20.8M (−1.3%) vs. Q3 2021
Filed
Feb 10, 2022
SEC
Holdings of CQS (US), LLC in Q4 2021
SecurityClassSharesValue% of portfolioShare changeActionHistory
FOXFox CorpCL B COM2,352,717$80.6M5.1%+358,640+18.0%AddedHistory
American Airls Group Inc02376RAF9NOTE 6.500% 7/0–$76.0M4.8%–––
Palo Alto Networks Inc697435AF2NOTE 0.375% 6/0–$55.1M3.5%–––
Southwest Airls Co844741BG2NOTE 1.250% 5/0–$54.0M3.4%–––
Pioneer Nat Res Co723787AP2NOTE 0.250% 5/1–$53.8M3.4%–––
BHPBHP Group LtdADR885,640$53.3M3.3%+335,937+61.1%AddedHistory
Akamai Technologies Inc00971TAJ0NOTE 0.125% 5/0–$52.4M3.3%–––
Square Inc852234AF0NOTE 0.125% 3/0–$42.8M2.7%–––
Teradyne, Inc880770AG7NOTE 1.250%12/1–$42.2M2.6%–––
Euronet Worldwide, Inc.298736AL3NOTE 0.750% 3/1–$42.2M2.6%–––
LBTYALiberty Global Ltd.SHS CL A1,511,817$41.9M2.6%+130,167+9.4%AddedHistory
MongoDB, Inc.60937PAD8NOTE 0.250% 1/1–$38.4M2.4%–New–
Fortive Corp34959JAK4NOTE 0.875% 2/1–$35.3M2.2%–––
Datadog, Inc.23804LAB9NOTE 0.125% 6/1–$35.2M2.2%–––
Illumina, Inc.452327AK5NOTE 8/1–$34.5M2.2%–––
Sea Ltd81141RAG5NOTE 0.250% 9/1–$33.2M2.1%–––
Workiva Inc98139AAB1NOTE 1.125% 8/1–$31.4M2.0%–––
Silicon Laboratories Inc.826919AD4NOTE 0.625% 6/1–$30.9M1.9%–––
Liberty Media Corp Del531229607COM C SIRIUSXM602,903$30.7M1.9%+27,896+4.9%Added–
UAUnder Armour, Inc.CL C1,682,249$30.3M1.9%+79,491+5.0%AddedHistory
OSGOctave Specialty Group IncCOM NEW1,890,000$30.3M1.9%00.0%UnchangedHistory
Palo Alto Networks Inc697435AD7NOTE 0.750% 7/0–$28.4M1.8%–––
Lumentum Hldgs Inc55024UAD1NOTE 0.500%12/1–$26.1M1.6%–––
Wayfair Inc.94419LAM3NOTE 0.625%10/0–$25.8M1.6%–––
Coupa Software Inc22266LAC0NOTE 0.125% 6/1–$24.5M1.5%–––
Allscripts Healthcare Solutn01988PAF5NOTE 0.875% 1/0–$22.2M1.4%–––
National Vision Hldgs Inc63845RAB3NOTE 2.500% 5/1–$20.6M1.3%–––
VanEck ETF Trust92189F106GOLD MINERS ETF624,093$20.0M1.3%+195,000+45.4%Added–
LBRDKLiberty Broadband CorpCOM SER C121,465$19.6M1.2%00.0%UnchangedHistory
World Wrestling Entmt Inc98156QAB4NOTE 3.375%12/1–$18.6M1.2%–––
Zendesk, Inc.98936JAD3NOTE 0.625% 6/1–$18.0M1.1%–––
Splunk Inc848637AD6NOTE 1.125% 9/1–$16.9M1.1%–––
Lci Inds501812AB7NOTE 1.125% 5/1–$16.6M1.0%–New–
Starz Entertainment Corp535919500CL B NON VTG1,065,517$16.4M1.0%+77,193+7.8%Added–
PANWPalo Alto Networks IncStock28,717$16.0M1.0%−16,958−37.1%ReducedHistory
Discovery Inc25470F302COM SER C684,750$15.7M1.0%−168,262−19.7%Reduced–
FWONALiberty Media CorpCOM SER A FRMLA260,495$15.5M1.0%−60,585−18.9%ReducedHistory
Teladoc Health, Inc.87918AAF2NOTE 1.250% 6/0–$15.2M1.0%–––
NUANNuance Communications, Inc.COM274,305$15.2M1.0%−95,834−25.9%ReducedHistory
INFOIHS Markit Ltd.SHS111,113$14.8M0.9%−27,776−20.0%ReducedHistory
Hercules Capital, Inc.427096AF9DBCV 4.375% 2/0–$14.1M0.9%–––
CENTACentral Garden & Pet CoCL A NON-VTG285,506$13.7M0.9%−3,507−1.2%ReducedHistory
Western Digital Corp958102AP0NOTE 1.500% 2/0–$13.0M0.8%–––
Block, Inc.852234AJ2NOTE 5/0–$13.0M0.8%–New–
Parsons Corp70202LAB8NOTE 0.250% 8/1–$12.5M0.8%–––
Integra Lifesciences Hldgs C457985AM1NOTE 0.500% 8/1–$11.0M0.7%–––
Clearway Energy, Inc.18539C105CL A325,855$10.9M0.7%+72,976+28.9%Added–
Atotech LtdG0625A105COM421,180$10.7M0.7%−148,264−26.0%Reduced–
URGUr-Energy IncCOM8,817,697$10.7M0.7%+810,000+10.1%AddedHistory
CERNCERNER CorpCOM113,889$10.6M0.7%+113,889NewHistory
ZGZillow Group, Inc.CL A163,904$10.2M0.6%+138,887+555.2%AddedHistory
Splunk Inc848637AC8NOTE 0.500% 9/1–$10.0M0.6%–––
Square Inc852234AD5NOTE 0.500% 5/1–$10.0M0.6%–––
NWSANews CorpCL A421,305$9.40M0.6%+421,305NewHistory
HEIHeico CorpCOM64,522$9.30M0.6%−7,781−10.8%ReducedHistory
Royal Dutch Shell PLC780259107SPON ADR B167,228$7.24M0.5%+167,228New–
Wellpoint Inc94973VBG1NOTE 2.750%10/1–$7.16M0.4%–––
Burlington Stores, Inc.122017AB2NOTE 2.250% 4/1–$6.52M0.4%–––
Livent Corp.53814LAB4NOTE 4.125% 7/1–$6.49M0.4%–––
CMPSCOMPASS Pathways plcSPONSORED ADS269,000$5.95M0.4%+269,000NewHistory
Dick's Sporting Goods, Inc.253393AD4NOTE 3.250% 4/1–$5.67M0.4%–––
Invesco QQQ Trust Series I46090E103ETF13,451$5.35M0.3%−1,179−8.1%Reduced–
Block, Inc.852234AK9NOTE 0.250%11/0–$5.31M0.3%–New–
ARNAArena Pharmaceuticals IncCOM NEW56,250$5.23M0.3%+56,250NewHistory
QSQuantumScape CorpCOM CL A227,000$5.04M0.3%+227,000NewHistory
Liberty Media Corp Del531229AB8NOTE 1.375%10/1–$4.47M0.3%–––
Chegg, Inc163092AF6NOTE 9/0–$4.41M0.3%–––
Twitter, Inc.90184LAF9NOTE 0.250% 6/1–$4.15M0.3%–New–
Booking Holdings Inc.09857LAN8NOTE 0.750% 5/0–$3.99M0.3%–––
XLNXXilinx IncCOM17,013$3.61M0.2%+17,013NewHistory
Sea Ltd81141RAF7NOTE 2.375%12/0–$3.44M0.2%–––
UUUUEnergy Fuels IncCOM NEW441,997$3.37M0.2%00.0%UnchangedHistory
Mag Silver Corp55903Q104COM204,000$3.20M0.2%+125,000+158.2%Added–
GRFSGrifols SASP ADR REP B NVT271,230$3.08M0.2%00.0%UnchangedHistory
HubSpot Inc443573AD2NOTE 0.375% 6/0–$2.57M0.2%–––
LICYLi-Cycle Holdings Corp.COMMON SHARES240,000$2.39M0.2%+240,000NewHistory
UECUranium Energy CorpCOM710,817$2.38M0.1%−53,524−7.0%ReducedHistory
Zynga Inc98986TAB4NOTE 0.250% 6/0–$2.17M0.1%–New–
Golden Star Res Ltd Cda38119T807COM559,300$2.14M0.1%00.0%Unchanged–
Pure Storage Inc74624MAB8NOTE 0.125% 4/1–$2.08M0.1%–––
Paramount Global92556H107CL A56,560$1.89M0.1%00.0%Unchanged–
EOGEOG Resources IncStock20,500$1.82M0.1%+20,500NewHistory
MIDDLEBY Corp596278AB7NOTE 1.000% 9/0–$1.61M0.1%–––
Pretium Res Inc74139C102COM106,926$1.51M0.1%00.0%Unchanged–
Coupa Software Inc22266LAF3NOTE 0.375% 6/1–$1.47M0.1%–––
Cyberark Software Ltd23248VAB1NOTE 11/1–$1.39M0.1%–––
PLGPlatinum Group Metals LtdCOM883,365$1.39M0.1%00.0%UnchangedHistory
CMBTCmb.tech NVSHS156,000$1.39M0.1%00.0%UnchangedHistory
Guidewire Software, Inc.40171VAA8NOTE 1.250% 3/1–$1.29M0.1%–––
SMLPSummit Midstream Partners, LPCOM UNIT LTD56,653$1.26M0.1%00.0%UnchangedHistory
Pegasystems Inc705573AB9NOTE 0.750% 3/0–$1.01M0.1%–––
Shopify Inc.82509LAA5NOTE 0.125%11/0–$991.0K0.1%–––
Pebblebrook Hotel Tr70509VAA8NOTE 1.750%12/1–$883.0K0.1%–––
RingCentral, Inc.76680RAF4NOTE 3/0–$848.0K0.1%–––
TDOCTeladoc Health, Inc.COM8,681$798.0K0.1%−17,546−66.9%ReducedHistory
BTUPeabody Energy CorpCOM75,000$755.0K<0.1%+75,000NewHistory
Liberty Media Corp Del531229AF9NOTE 1.000% 1/3–$518.0K<0.1%–––
Exact Sciences Corp30063PAB1NOTE 0.375% 3/1–$510.0K<0.1%–––
GOROGoldgroup Mining Inc.COM315,978$493.0K<0.1%+315,978NewHistory
FANGDiamondback Energy, Inc.Stock4,500$485.0K<0.1%+4,500NewHistory

Sold out since Q3 2021 (31)

Positions held at the end of Q3 2021 that are gone from this filing.

Positions of CQS (US), LLC sold out since Q3 2021
SecurityClassShares in Q3 2021Value in Q3 2021% of portfolio in Q3 2021History
CCitigroup IncStock519,222$36.4M2.3%History
WTWWillis Towers Watson PLCSHS116,944$27.2M1.7%History
PPDPPD, Inc.COM364,555$17.1M1.1%History
Istar Inc45031UCB5NOTE 3.125% 9/1–$15.5M1.0%–
InterDigital, Inc.45867GAB7NOTE 2.000% 6/0–$13.6M0.8%–
NWSNews CorpCL B567,597$13.2M0.8%History
RYAAYRyanair Holdings PLCSPONSORED ADR117,340$12.9M0.8%History
DRIDarden Restaurants IncCOM77,200$11.7M0.7%History
SPGSimon Property Group Inc.REIT80,000$10.4M0.6%History
KSUKansas City SouthernCOM NEW38,195$10.3M0.6%History
Live Nation Entertainment IN538034AU3NOTE 2.000% 2/1–$9.85M0.6%–
INSMED Inc457669AB5NOTE 0.750% 6/0–$7.26M0.5%–
HRCHill-Rom Holdings, Inc.COM46,154$6.92M0.4%History
STORStore Capital LLCCOM196,500$6.29M0.4%History
ATVIActivision Blizzard, Inc.COM80,000$6.19M0.4%History
INOVInovalon Holdings, Inc.COM CL A138,890$5.60M0.3%History
ONOn Semiconductor CorpStock100,235$4.59M0.3%History
ARCHArch Resources, Inc.CL A49,300$4.57M0.3%History
Pinduoduo Inc722304AC6NOTE 12/0–$4.26M0.3%–
RingCentral, Inc.76680RAH0NOTE 3/1–$2.81M0.2%–
HGVHilton Grand Vacations Inc.COM49,500$2.35M0.1%History
RITMRithm Capital Corp.REIT200,000$2.20M0.1%History
Theravance Inc88338TAB0NOTE 2.125% 1/1–$2.16M0.1%–
TNLTravel & Leisure Co.COM36,000$1.96M0.1%History
NICE Ltd.653656AB4NOTE 9/1–$1.86M0.1%–
ONITOnity Group Inc.COM NEW45,000$1.27M0.1%History
AMRAlpha Metallurgical Resources, Inc.COM20,000$996.0K0.1%History
FCPTFour Corners Property Trust, Inc.COM29,025$780.0K<0.1%History
DocuSign, Inc.256163AB2NOTE 0.500% 9/1–$719.0K<0.1%–
KURIAlkuri Global Acquisition Corp.COM CL A70,396$701.0K<0.1%History
Wix.com Ltd.92940WAB5NOTE 7/0–$223.0K<0.1%–