Skip to main content

CQS (US), LLC

SEC CIK
0001447946
Latest filing
Aug 6, 2024

Holdings in Q4 2022

Holdings as of Dec 31, 2022, filed Feb 13, 2023. Long positions only; changes compare share counts with Q3 2022.

Institution overview
Positions
76
−15 vs. Q3 2022
Portfolio value
$760.9M
−$58.5M (−7.1%) vs. Q3 2022
Filed
Feb 13, 2023
SEC
Holdings of CQS (US), LLC in Q4 2022
SecurityClassSharesValue% of portfolioShare changeActionHistory
FOXFox CorpCL B COM1,709,930$48.6M6.4%−292,347−14.6%ReducedHistory
LBTYALiberty Global Ltd.SHS CL A2,065,376$39.1M5.1%−659,632−24.2%ReducedHistory
On Semiconductor Corp682189AS4NOTE 5/0–$37.5M4.9%–––
Euronet Worldwide, Inc.298736AL3NOTE 0.750% 3/1–$37.5M4.9%–––
Illumina, Inc.452327AK5NOTE 8/1–$36.7M4.8%–––
Akamai Technologies Inc00971TAJ0NOTE 0.125% 5/0–$28.0M3.7%–––
Ford MTR Co Del345370CZ1NOTE 3/1–$27.4M3.6%–––
Silicon Laboratories Inc.826919AD4NOTE 0.625% 6/1–$26.2M3.4%–––
Southwest Airls Co844741BG2NOTE 1.250% 5/0–$26.0M3.4%–––
Pioneer Nat Res Co723787AP2NOTE 0.250% 5/1–$25.0M3.3%–––
LBRDKLiberty Broadband CorpCOM SER C315,558$24.1M3.2%+216,754+219.4%AddedHistory
Booking Holdings Inc.09857LAN8NOTE 0.750% 5/0–$22.6M3.0%–––
Palo Alto Networks Inc697435AD7NOTE 0.750% 7/0–$21.2M2.8%–––
Teradyne, Inc880770AG7NOTE 1.250%12/1–$18.4M2.4%–––
Splunk Inc848637AD6NOTE 1.125% 9/1–$18.2M2.4%–––
VanEck ETF Trust92189F106GOLD MINERS ETF624,093$17.9M2.4%00.0%Unchanged–
Western Digital Corp958102AP0NOTE 1.500% 2/0–$15.3M2.0%–––
TSMTaiwan Semiconductor Manufacturing Co LtdADR202,500$15.1M2.0%−107,500−34.7%ReducedHistory
FWONALiberty Media CorpCOM SER A FRMLA281,694$15.1M2.0%+12,147+4.5%AddedHistory
HEI.AHeico CorpCL A125,581$15.1M2.0%+70,544+128.2%AddedHistory
Clearway Energy, Inc.18539C105CL A480,317$14.4M1.9%00.0%Unchanged–
CCJCameco CorpStock629,000$14.3M1.9%+278,000+79.2%AddedHistory
RYAAYRyanair Holdings PLCSPONSORED ADR186,036$13.9M1.8%+186,036NewHistory
Carnival Corp Ltd.14365C103ADR1,886,520$13.6M1.8%+513,574+37.4%Added–
URGUr-Energy IncCOM10,756,553$12.4M1.6%00.0%UnchangedHistory
NWSANews CorpCL A606,520$11.0M1.5%00.0%UnchangedHistory
JetBlue Airways Corp477143AP6NOTE 0.500% 4/0–$10.3M1.4%–––
FANGDiamondback Energy, Inc.Stock66,600$9.11M1.2%00.0%UnchangedHistory
Wellpoint Inc94973VBG1NOTE 2.750%10/1–$8.06M1.1%–––
SMLPSummit Midstream Partners, LPCOM UNIT LTD469,539$7.83M1.0%+55,285+13.3%AddedHistory
GOOGLAlphabet Inc.Stock78,679$6.94M0.9%−31,821−28.8%ReducedHistory
Splunk Inc848637AC8NOTE 0.500% 9/1–$6.71M0.9%–––
Wayfair Inc.94419LAM3NOTE 0.625%10/0–$6.58M0.9%–––
Datadog, Inc.23804LAB9NOTE 0.125% 6/1–$6.57M0.9%–––
UECUranium Energy CorpCOM1,599,865$6.21M0.8%00.0%UnchangedHistory
RIGTransocean Ltd.REGISTERED SHS1,355,000$6.18M0.8%−2,088,766−60.7%ReducedHistory
EOGEOG Resources IncStock46,100$5.97M0.8%00.0%UnchangedHistory
Burlington Stores, Inc.122017AB2NOTE 2.250% 4/1–$5.48M0.7%–––
Livent Corp.53814LAB4NOTE 4.125% 7/1–$5.28M0.7%–––
IEIvanhoe Electric Inc.COM411,331$5.00M0.7%00.0%UnchangedHistory
Teladoc Health, Inc.87918AAF2NOTE 1.250% 6/0–$4.87M0.6%–––
Square Inc852234AD5NOTE 0.500% 5/1–$4.83M0.6%–––
Square Inc852234AF0NOTE 0.125% 3/0–$4.82M0.6%–––
UUUUEnergy Fuels IncCOM NEW602,697$3.74M0.5%00.0%UnchangedHistory
Mag Silver Corp55903Q104COM234,000$3.66M0.5%00.0%Unchanged–
Array Technologies, Inc.04271TAB6NOTE 1.000%12/0–$3.58M0.5%–New–
BTUPeabody Energy CorpCOM130,000$3.43M0.5%00.0%UnchangedHistory
MIDDLEBY Corp596278AB7NOTE 1.000% 9/0–$3.30M0.4%–––
ZGZillow Group, Inc.CL A102,342$3.19M0.4%+102,342NewHistory
Block, Inc.852234AJ2NOTE 5/0–$3.05M0.4%–––
WPMWheaton Precious Metals Corp.COM70,000$2.74M0.4%+40,000+133.3%AddedHistory
CENTACentral Garden & Pet CoCL A NON-VTG71,594$2.56M0.3%−31,104−30.3%ReducedHistory
Wayfair Inc.94419LAD3NOTE 1.125%11/0–$2.54M0.3%–––
Liberty Media Corp Del531229AB8NOTE 1.375%10/1–$2.36M0.3%–––
PXDPioneer Natural Resources CoCOM10,000$2.28M0.3%00.0%UnchangedHistory
GRFSGrifols SASP ADR REP B NVT271,230$2.27M0.3%00.0%UnchangedHistory
Pinduoduo Inc722304AC6NOTE 12/0–$1.87M0.2%–––
PLGPlatinum Group Metals LtdCOM883,365$1.54M0.2%00.0%UnchangedHistory
Airbnb, Inc.009066AB7NOTE 3/1–$1.49M0.2%–––
HubSpot Inc443573AD2NOTE 0.375% 6/0–$1.33M0.2%–––
Amyris, Inc.03236MAJ0NOTE 1.500%11/1–$1.32M0.2%–New–
Zillow Group, Inc.98954MAG6NOTE 1.375% 9/0–$1.06M0.1%–––
Sea Ltd81141RAG5NOTE 0.250% 9/1–$994.1K0.1%–––
Shopify Inc.82509LAA5NOTE 0.125%11/0–$941.9K0.1%–––
Sea Ltd81141RAF7NOTE 2.375%12/0–$938.7K0.1%–––
Liberty Media Corp Del531229607COM C SIRIUSXM23,927$936.3K0.1%−124,383−83.9%Reduced–
Snap Inc83304AAB2NOTE 0.750% 8/0–$850.6K0.1%–––
Spotify USA Inc84921RAB6NOTE 3/1–$809.7K0.1%–––
UAUnder Armour, Inc.CL C78,728$702.3K0.1%+39,768+102.1%AddedHistory
Palo Alto Networks Inc697435AF2NOTE 0.375% 6/0–$590.3K0.1%–––
Okta, Inc.679295AD7NOTE 0.125% 9/0–$486.8K0.1%–––
GOROGoldgroup Mining Inc.COM315,978$483.4K0.1%00.0%UnchangedHistory
Lumentum Hldgs Inc55024UAD1NOTE 0.500%12/1–$432.2K0.1%–––
SBSWSibanye Stillwater LtdSPONSORED ADR35,000$373.1K<0.1%00.0%UnchangedHistory
CENTCentral Garden & Pet CoCOM1,694$63.4K<0.1%+1,694NewHistory
Starz Entertainment Corp535919401CL A VTG54$308<0.1%+54New–

Options (1)

Puts and calls in the same filing. Amounts are the market value of the underlying shares, which is what 13F reports.

Option positions of CQS (US), LLC in Q4 2022
SecurityClassPutsCalls
Starz Entertainment Corp535919500CL B NON VTG$1.79M–

Sold out since Q3 2022 (21)

Positions held at the end of Q3 2022 that are gone from this filing.

Positions of CQS (US), LLC sold out since Q3 2022
SecurityClassShares in Q3 2022Value in Q3 2022% of portfolio in Q3 2022History
Cable One, Inc.12685JAE5NOTE 3/1–$7.49M0.9%–
OSGOctave Specialty Group IncCOM NEW566,717$7.23M0.9%History
Wayfair Inc.94419LAF8NOTE 1.000% 8/1–$7.22M0.9%–
Marriott Vacations Worldwide Corp57164YAD9NOTE 1/1–$6.10M0.7%–
Lci Inds501812AB7NOTE 1.125% 5/1–$5.97M0.7%–
Dick's Sporting Goods, Inc.253393AD4NOTE 3.250% 4/1–$4.60M0.6%–
Redfin Corp75737FAE8NOTE 0.500% 4/0–$2.61M0.3%–
Peloton Interactive, Inc.70614WAB6NOTE 2/1–$2.34M0.3%–
Starz Entertainment Corp535919500CL B NON VTG331,649$2.31M0.3%–
Twitter, Inc.90184LAF9NOTE 0.250% 6/1–$1.48M0.2%–
Coinbase Global, Inc.19260QAB3NOTE 0.500% 6/0–$1.19M0.1%–
CMBTCmb.tech NVSHS56,800$874.0K0.1%History
Bill Com Hldgs Inc090043AB6NOTE 12/0–$772.0K0.1%–
Cyberark Software Ltd23248VAB1NOTE 11/1–$743.0K0.1%–
Pure Storage Inc74624MAB8NOTE 0.125% 4/1–$736.0K0.1%–
Twitter, Inc.90184LAN2NOTE 3/1–$598.0K0.1%–
Five9, Inc.338307AD3NOTE 0.500% 6/0–$594.0K0.1%–
Omnicell Com68213NAD1NOTE 0.250% 9/1–$533.0K0.1%–
Guidewire Software, Inc.40171VAA8NOTE 1.250% 3/1–$498.0K0.1%–
Bilibili Inc.090040AD8NOTE 1.250% 6/1–$380.0K<0.1%–
Pebblebrook Hotel Tr70509VAA8NOTE 1.750%12/1–$348.0K<0.1%–