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CQS (US), LLC

SEC CIK
0001447946
Latest filing
Aug 6, 2024

Holdings in Q2 2023

Holdings as of Jun 30, 2023, filed Aug 10, 2023. Long positions only; changes compare share counts with Q1 2023.

Institution overview
Positions
71
+2 vs. Q1 2023
Portfolio value
$831.5M
+$39.3M (+5.0%) vs. Q1 2023
Filed
Aug 10, 2023
SEC
Holdings of CQS (US), LLC in Q2 2023
SecurityClassSharesValue% of portfolioShare changeActionHistory
FOXFox CorpCL B COM1,456,701$46.5M5.6%−523,686−26.4%ReducedHistory
On Semiconductor Corp682189AS4NOTE 5/0–$44.0M5.3%–––
LBTYALiberty Global Ltd.SHS CL A2,251,720$38.0M4.6%+366,288+19.4%AddedHistory
Euronet Worldwide, Inc.298736AL3NOTE 0.750% 3/1–$37.0M4.4%–––
GOOGLAlphabet Inc.Stock296,364$35.5M4.3%+8,701+3.0%AddedHistory
VanEck ETF Trust92189F106GOLD MINERS ETF1,160,813$35.0M4.2%+565,000+94.8%Added–
Ford MTR Co Del345370CZ1NOTE 3/1–$32.3M3.9%–––
Southwest Airls Co844741BG2NOTE 1.250% 5/0–$31.3M3.8%–––
LBRDKLiberty Broadband CorpCOM SER C376,740$30.2M3.6%+70,818+23.1%AddedHistory
Akamai Technologies Inc00971TAJ0NOTE 0.125% 5/0–$27.9M3.4%–––
BRK.BBerkshire Hathaway IncStock78,003$26.6M3.2%+78,003NewHistory
Booking Holdings Inc.09857LAN8NOTE 0.750% 5/0–$24.3M2.9%–––
Illumina, Inc.452327AK5NOTE 8/1–$24.0M2.9%–––
FWONALiberty Media CorpCOM SER A FRMLA289,456$19.6M2.4%+200+0.1%AddedHistory
Splunk Inc848637AD6NOTE 1.125% 9/1–$19.3M2.3%–––
Carnival Corp Ltd.14365C103ADR1,151,484$19.2M2.3%+42,813+3.9%Added–
LENLennar CorpCL A152,120$19.1M2.3%+152,120NewHistory
CCJCameco CorpStock604,449$18.9M2.3%00.0%UnchangedHistory
Teradyne, Inc880770AG7NOTE 1.250%12/1–$18.2M2.2%–––
Western Digital Corp958102AP0NOTE 1.500% 2/0–$15.5M1.9%–––
VanEck ETF Trust92189F791JUNIOR GOLD MINE419,500$15.0M1.8%+419,500New–
HEI.AHeico CorpCL A104,573$14.7M1.8%−14,549−12.2%ReducedHistory
URGUr-Energy IncCOM13,006,553$13.7M1.6%00.0%UnchangedHistory
JetBlue Airways Corp477143AP6NOTE 0.500% 4/0–$13.3M1.6%–––
ZGZillow Group, Inc.CL A259,737$12.8M1.5%00.0%UnchangedHistory
Pioneer Nat Res Co723787AP2NOTE 0.250% 5/1–$12.3M1.5%–––
NWSANews CorpCL A595,570$11.6M1.4%−2000.0%ReducedHistory
Enphase Energy, Inc.29355AAK3NOTE 3/0–$10.5M1.3%–––
InterDigital, Inc.45867GAD3NOTE 3.500% 6/0–$10.2M1.2%–New–
RIGTransocean Ltd.REGISTERED SHS1,355,000$9.50M1.1%00.0%UnchangedHistory
Splunk Inc848637AC8NOTE 0.500% 9/1–$8.90M1.1%–––
Wayfair Inc.94419LAM3NOTE 0.625%10/0–$8.72M1.0%–––
Marriott Vacations Worldwide Corp57164YAD9NOTE 1/1–$8.33M1.0%–––
SMLPSummit Midstream Partners, LPCOM UNIT LTD469,539$7.63M0.9%00.0%UnchangedHistory
Datadog, Inc.23804LAB9NOTE 0.125% 6/1–$7.46M0.9%–––
Livent Corp.53814LAB4NOTE 4.125% 7/1–$7.02M0.8%–––
Burlington Stores, Inc.122017AB2NOTE 2.250% 4/1–$7.00M0.8%–––
FANGDiamondback Energy, Inc.Stock52,600$6.91M0.8%−14,000−21.0%ReducedHistory
Lci Inds501812AB7NOTE 1.125% 5/1–$6.79M0.8%–––
UECUranium Energy CorpCOM1,599,865$5.44M0.7%00.0%UnchangedHistory
EOGEOG Resources IncStock46,100$5.28M0.6%00.0%UnchangedHistory
Clearway Energy, Inc.18539C105CL A191,318$5.17M0.6%−10,998−5.4%Reduced–
Teladoc Health, Inc.87918AAF2NOTE 1.250% 6/0–$5.03M0.6%–––
Square Inc852234AF0NOTE 0.125% 3/0–$4.78M0.6%–––
Array Technologies, Inc.04271TAB6NOTE 1.000%12/0–$4.03M0.5%–––
UUUUEnergy Fuels IncCOM NEW602,697$3.76M0.5%00.0%UnchangedHistory
MIDDLEBY Corp596278AB7NOTE 1.000% 9/0–$3.49M0.4%–––
WPMWheaton Precious Metals Corp.COM76,000$3.28M0.4%+6,000+8.6%AddedHistory
Block, Inc.852234AJ2NOTE 5/0–$3.12M0.4%–––
Wayfair Inc.94419LAD3NOTE 1.125%11/0–$2.85M0.3%–––
BTUPeabody Energy CorpCOM130,000$2.82M0.3%00.0%UnchangedHistory
IEIvanhoe Electric Inc.COM210,531$2.75M0.3%−100,000−32.2%ReducedHistory
Starz Entertainment Corp535919500CL B NON VTG323,864$2.70M0.3%+323,864New–
Mag Silver Corp55903Q104COM234,000$2.61M0.3%00.0%Unchanged–
GRFSGrifols SASP ADR REP B NVT271,230$2.49M0.3%00.0%UnchangedHistory
Pinduoduo Inc722304AC6NOTE 12/0–$2.42M0.3%–––
PXDPioneer Natural Resources CoCOM10,000$2.07M0.2%00.0%UnchangedHistory
HubSpot Inc443573AD2NOTE 0.375% 6/0–$1.68M0.2%–––
Airbnb, Inc.009066AB7NOTE 3/1–$1.58M0.2%–––
OROR Royalties Inc.COM100,000$1.54M0.2%+100,000NewHistory
CENTACentral Garden & Pet CoCL A NON-VTG34,728$1.27M0.2%−27,733−44.4%ReducedHistory
PLGPlatinum Group Metals LtdCOM883,365$1.25M0.2%00.0%UnchangedHistory
Palo Alto Networks Inc697435AF2NOTE 0.375% 6/0–$1.03M0.1%–––
Sea Ltd81141RAF7NOTE 2.375%12/0–$967.2K0.1%–––
Spotify USA Inc84921RAB6NOTE 3/1–$850.7K0.1%–––
Sea Ltd81141RAG5NOTE 0.250% 9/1–$802.0K0.1%–––
Liberty Media Corp Del531229AB8NOTE 1.375%10/1–$581.9K0.1%–––
UAUnder Armour, Inc.CL C74,702$501.3K0.1%00.0%UnchangedHistory
Snap Inc83304AAB2NOTE 0.750% 8/0–$462.2K0.1%–––
SBSWSibanye Stillwater LtdSPONSORED ADR35,000$218.4K<0.1%00.0%UnchangedHistory
GOROGoldgroup Mining Inc.COM315,978$199.1K<0.1%00.0%UnchangedHistory

Sold out since Q1 2023 (4)

Positions held at the end of Q1 2023 that are gone from this filing.

Positions of CQS (US), LLC sold out since Q1 2023
SecurityClassShares in Q1 2023Value in Q1 2023% of portfolio in Q1 2023History
Silicon Laboratories Inc.826919AD4NOTE 0.625% 6/1–$30.6M3.9%–
Palo Alto Networks Inc697435AD7NOTE 0.750% 7/0–$27.9M3.5%–
Square Inc852234AD5NOTE 0.500% 5/1–$5.15M0.7%–
Liberty Media Corp Del531229607COM C SIRIUSXM23,927$669.7K0.1%–