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CQS (US), LLC

SEC CIK
0001447946
Latest filing
Aug 6, 2024

Holdings in Q2 2022

Holdings as of Jun 30, 2022, filed Aug 15, 2022. Long positions only; changes compare share counts with Q1 2022.

Institution overview
Positions
94
−17 vs. Q1 2022
Portfolio value
$930.3M
−$509.4M (−35.4%) vs. Q1 2022
Filed
Aug 15, 2022
AmendedSEC
Holdings of CQS (US), LLC in Q2 2022
SecurityClassSharesValue% of portfolioShare changeActionHistory
FOXFox CorpCL B COM2,051,448$60.9M6.5%−154,484−7.0%ReducedHistory
LBTYALiberty Global Ltd.SHS CL A2,438,479$51.3M5.5%+457,179+23.1%AddedHistory
Pioneer Nat Res Co723787AP2NOTE 0.250% 5/1–$50.3M5.4%–––
Akamai Technologies Inc00971TAJ0NOTE 0.125% 5/0–$46.4M5.0%–––
Euronet Worldwide, Inc.298736AL3NOTE 0.750% 3/1–$45.4M4.9%–––
Ford MTR Co Del345370CZ1NOTE 3/1–$43.0M4.6%–––
Illumina, Inc.452327AK5NOTE 8/1–$36.2M3.9%–––
On Semiconductor Corp682189AS4NOTE 5/0–$33.6M3.6%–New–
Silicon Laboratories Inc.826919AD4NOTE 0.625% 6/1–$27.2M2.9%–––
Southwest Airls Co844741BG2NOTE 1.250% 5/0–$26.2M2.8%–––
Palo Alto Networks Inc697435AD7NOTE 0.750% 7/0–$25.6M2.7%–––
Teradyne, Inc880770AG7NOTE 1.250%12/1–$22.4M2.4%–––
Splunk Inc848637AD6NOTE 1.125% 9/1–$21.5M2.3%–––
Palo Alto Networks Inc697435AF2NOTE 0.375% 6/0–$21.5M2.3%–––
Wayfair Inc.94419LAM3NOTE 0.625%10/0–$18.2M2.0%–––
VanEck ETF Trust92189F106GOLD MINERS ETF624,093$17.1M1.8%00.0%Unchanged–
Booking Holdings Inc.09857LAN8NOTE 0.750% 5/0–$16.9M1.8%–––
EOGEOG Resources IncStock151,975$16.8M1.8%00.0%UnchangedHistory
Marriott Vacations Worldwide Corp57164YAD9NOTE 1/1–$16.0M1.7%–––
OSGOctave Specialty Group IncCOM NEW1,407,245$16.0M1.7%−642,755−31.4%ReducedHistory
Western Digital Corp958102AP0NOTE 1.500% 2/0–$15.4M1.7%–––
FWONALiberty Media CorpCOM SER A FRMLA258,320$15.0M1.6%−2,175−0.8%ReducedHistory
Square Inc852234AF0NOTE 0.125% 3/0–$14.9M1.6%–––
Clearway Energy, Inc.18539C105CL A388,661$12.4M1.3%−4,126−1.1%Reduced–
GOOGLAlphabet Inc.Stock5,525$12.0M1.3%00.0%UnchangedHistory
Cable One, Inc.12685JAE5NOTE 3/1–$11.5M1.2%–––
URGUr-Energy IncCOM10,756,553$11.4M1.2%+1,000,000+10.2%AddedHistory
JetBlue Airways Corp477143AP6NOTE 0.500% 4/0–$11.1M1.2%–New–
Lumentum Hldgs Inc55024UAD1NOTE 0.500%12/1–$9.83M1.1%–––
Lci Inds501812AB7NOTE 1.125% 5/1–$9.06M1.0%–––
Splunk Inc848637AC8NOTE 0.500% 9/1–$8.72M0.9%–––
NWSANews CorpCL A550,776$8.58M0.9%−13,094−2.3%ReducedHistory
LBRDALiberty Broadband CorpCOM SER A72,865$8.27M0.9%+72,865NewHistory
FANGDiamondback Energy, Inc.Stock66,600$8.07M0.9%00.0%UnchangedHistory
Itron, Inc.465741AN6NOTE 3/1–$8.00M0.9%–––
Datadog, Inc.23804LAB9NOTE 0.125% 6/1–$7.61M0.8%–––
Liberty Media Corp Del531229607COM C SIRIUSXM209,755$7.56M0.8%−139,239−39.9%Reduced–
Wellpoint Inc94973VBG1NOTE 2.750%10/1–$7.46M0.8%–––
Square Inc852234AD5NOTE 0.500% 5/1–$7.45M0.8%–––
CCJCameco CorpStock351,000$7.38M0.8%00.0%UnchangedHistory
Redfin Corp75737FAE8NOTE 0.500% 4/0–$6.46M0.7%–New–
Livent Corp.53814LAB4NOTE 4.125% 7/1–$6.07M0.7%–––
Burlington Stores, Inc.122017AB2NOTE 2.250% 4/1–$5.17M0.6%–––
Teladoc Health, Inc.87918AAF2NOTE 1.250% 6/0–$5.00M0.5%–––
SMLPSummit Midstream Partners, LPCOM UNIT LTD390,654$4.97M0.5%00.0%UnchangedHistory
UECUranium Energy CorpCOM1,599,865$4.93M0.5%+160,000+11.1%AddedHistory
CENTACentral Garden & Pet CoCL A NON-VTG114,316$4.57M0.5%−133,267−53.8%ReducedHistory
IEIvanhoe Electric Inc.COM411,331$3.58M0.4%+411,331NewHistory
Workday, Inc.98138HAF8NOTE 0.250%10/0–$3.36M0.4%–––
Dick's Sporting Goods, Inc.253393AD4NOTE 3.250% 4/1–$3.35M0.4%–––
Peloton Interactive, Inc.70614WAB6NOTE 2/1–$3.24M0.3%–––
GRFSGrifols SASP ADR REP B NVT271,230$3.18M0.3%00.0%UnchangedHistory
Starz Entertainment Corp535919500CL B NON VTG353,240$3.12M0.3%−582,191−62.2%Reduced–
RIGTransocean Ltd.REGISTERED SHS935,000$3.11M0.3%+935,000NewHistory
Block, Inc.852234AJ2NOTE 5/0–$2.98M0.3%–––
Airbnb, Inc.009066AB7NOTE 3/1–$2.98M0.3%–––
UUUUEnergy Fuels IncCOM NEW602,697$2.96M0.3%+160,700+36.4%AddedHistory
BTUPeabody Energy CorpCOM130,000$2.77M0.3%+55,000+73.3%AddedHistory
Sea Ltd81141RAF7NOTE 2.375%12/0–$2.72M0.3%–––
Mag Silver Corp55903Q104COM204,000$2.48M0.3%00.0%Unchanged–
Wayfair Inc.94419LAD3NOTE 1.125%11/0–$2.39M0.3%–New–
Twitter, Inc.90184LAF9NOTE 0.250% 6/1–$2.37M0.3%–––
Coinbase Global, Inc.19260QAB3NOTE 0.500% 6/0–$2.26M0.2%–New–
Liberty Media Corp Del531229AB8NOTE 1.375%10/1–$2.24M0.2%–––
PXDPioneer Natural Resources CoCOM10,000$2.23M0.2%+10,000NewHistory
Pinduoduo Inc722304AC6NOTE 12/0–$2.04M0.2%–New–
Sea Ltd81141RAG5NOTE 0.250% 9/1–$1.84M0.2%–––
MIDDLEBY Corp596278AB7NOTE 1.000% 9/0–$1.71M0.2%–––
Shopify Inc.82509LAA5NOTE 0.125%11/0–$1.68M0.2%–––
Five9, Inc.338307AD3NOTE 0.500% 6/0–$1.67M0.2%–New–
Carnival Corp Ltd.14365C103ADR206,563$1.58M0.2%+96,685+88.0%Added–
Paramount Global92556H107CL A50,938$1.39M0.1%00.0%Unchanged–
HubSpot Inc443573AD2NOTE 0.375% 6/0–$1.38M0.1%–––
Snap Inc83304AAB2NOTE 0.750% 8/0–$1.34M0.1%–New–
HEI.AHeico CorpCL A11,583$1.22M0.1%+4,027+53.3%AddedHistory
PLGPlatinum Group Metals LtdCOM883,365$1.16M0.1%00.0%UnchangedHistory
Twitter, Inc.90184LAN2NOTE 3/1–$1.07M0.1%–––
Zillow Group, Inc.98954MAG6NOTE 1.375% 9/0–$1.01M0.1%–New–
Okta, Inc.679295AD7NOTE 0.125% 9/0–$885.0K0.1%–New–
CMBTCmb.tech NVSHS71,000$847.0K0.1%−85,000−54.5%ReducedHistory
Spotify USA Inc84921RAB6NOTE 3/1–$795.0K0.1%–New–
Bilibili Inc.090040AD8NOTE 1.250% 6/1–$755.0K0.1%–New–
Pure Storage Inc74624MAB8NOTE 0.125% 4/1–$730.0K0.1%–––
Bill Com Hldgs Inc090043AB6NOTE 12/0–$707.0K0.1%–New–
Cyberark Software Ltd23248VAB1NOTE 11/1–$689.0K0.1%–––
Guidewire Software, Inc.40171VAA8NOTE 1.250% 3/1–$518.0K0.1%–––
GOROGoldgroup Mining Inc.COM315,978$509.0K0.1%00.0%UnchangedHistory
LBRDKLiberty Broadband CorpCOM SER C3,811$440.0K<0.1%−138,972−97.3%ReducedHistory
Pebblebrook Hotel Tr70509VAA8NOTE 1.750%12/1–$362.0K<0.1%–––
SBSWSibanye Stillwater LtdSPONSORED ADR35,000$349.0K<0.1%00.0%UnchangedHistory
Etsy Inc29786AAJ5NOTE 0.125%10/0–$342.0K<0.1%–––
Exact Sciences Corp30063PAB1NOTE 0.375% 3/1–$256.0K<0.1%–––
AGFirst Majestic Silver CorpCOM31,140$224.0K<0.1%00.0%UnchangedHistory
UAUnder Armour, Inc.CL C21,760$165.0K<0.1%+21,760NewHistory

Sold out since Q1 2022 (35)

Positions held at the end of Q1 2022 that are gone from this filing.

Positions of CQS (US), LLC sold out since Q1 2022
SecurityClassShares in Q1 2022Value in Q1 2022% of portfolio in Q1 2022History
American Airls Group Inc02376RAF9NOTE 6.500% 7/0–$64.0M4.4%–
World Wrestling Entmt Inc98156QAB4NOTE 3.375%12/1–$23.0M1.6%–
ATVIActivision Blizzard, Inc.COM263,888$21.1M1.5%History
Insulet Corp45784PAK7NOTE 0.375% 9/0–$18.6M1.3%–
CERNCERNER CorpCOM184,027$17.2M1.2%History
Zscaler, Inc.98980GAB8NOTE 0.125% 7/0–$17.0M1.2%–
LAZRQLuminar Technologies, Inc.COM CL A1,035,143$16.2M1.1%History
Dropbox, Inc.26210CAC8NOTE 3/0–$11.8M0.8%–
Alarm Com Hldgs Inc011642AB1NOTE 1/1–$10.7M0.7%–
Blackline, Inc.09239BAD1NOTE 3/1–$10.6M0.7%–
Integra Lifesciences Hldgs C457985AM1NOTE 0.500% 8/1–$10.6M0.7%–
GMEDGlobus Medical IncStock139,138$10.3M0.7%History
QSQuantumScape CorpCOM CL A506,820$10.1M0.7%History
EEFTEuronet Worldwide, Inc.COM74,026$9.63M0.7%History
ACIWAci Worldwide, Inc.Stock302,442$9.52M0.7%History
ENVEnvestnet, Inc.COM126,509$9.42M0.7%History
RYAAYRyanair Holdings PLCSPONSORED ADR104,510$8.82M0.6%History
Halozyme Therapeutics, Inc.40637HAD1NOTE 0.250% 3/0–$8.78M0.6%–
ZNGAZynga IncCL A909,721$8.40M0.6%History
ZGZillow Group, Inc.CL A154,292$7.44M0.5%History
Zendesk, Inc.98936JAD3NOTE 0.625% 6/1–$7.20M0.5%–
CRSPCRISPR Therapeutics AGNAMEN AKT102,505$6.43M0.4%History
EDITEditas Medicine, Inc.COM336,842$6.41M0.4%History
CARGCarGurus, Inc.COM CL A134,395$5.71M0.4%History
BEAMBeam Therapeutics Inc.COM96,038$5.50M0.4%History
NTLAIntellia Therapeutics, Inc.COM72,934$5.30M0.4%History
IHRTiHeartMedia, Inc.COM CL A90,394$1.71M0.1%History
Chegg, Inc163092AD1NOTE 0.125% 3/1–$807.0K0.1%–
Pegasystems Inc705573AB9NOTE 0.750% 3/0–$755.0K0.1%–
RingCentral, Inc.76680RAF4NOTE 3/0–$435.0K<0.1%–
Coupa Software Inc22266LAF3NOTE 0.375% 6/1–$420.0K<0.1%–
Liberty Media Corp Del531229AF9NOTE 1.000% 1/3–$380.0K<0.1%–
DOCUDocuSign, Inc.Stock2,797$300.0K<0.1%History
Zendesk, Inc.98936JAB7NOTE 0.250% 3/1–$296.0K<0.1%–
Zillow Group, Inc.98954MAH4NOTE 2.750% 5/1–$229.0K<0.1%–