# TEGEAN CAPITAL MANAGEMENT, LLC

> Institutional holdings reported to the SEC as of Q4 2023 on Form 13F. CIK 1536063. Source: https://holderbook.com/funds/1536063-tegean-capital-management-llc/

- Reported value: $82.1M
- Positions: 15
- Weight of the ten largest: 87.4%
- Filed: 2024-02-14

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| CITIGROUP INC | [C](https://holderbook.com/stocks/C/) | $16.5M | 250,700 | 20.0% | 11 |
| WARNER BROS DISCOVERY INC | [WBD](https://holderbook.com/stocks/WBD/) | $9.1M | 800,000 | 11.1% | 4 |
| ALIBABA GROUP HLDG LTD | [BABA](https://holderbook.com/stocks/BABA/) | $7.8M | 100,000 | 9.4% | 4 |
| MARVELL TECHNOLOGY INC | [MRVL](https://holderbook.com/stocks/MRVL/) | $7.2M | 120,000 | 8.8% | 4 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $6.7M | 200,000 | 8.2% | 2 |
| COHERENT CORP | [COHR](https://holderbook.com/stocks/COHR/) | $5.4M | 125,000 | 6.6% | 4 |
| WOLFSPEED INC | [WOLF](https://holderbook.com/stocks/WOLF/) | $5.4M | 125,000 | 6.6% | 2 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $5.3M | 15,000 | 6.5% | 5 |
| MICROSTRATEGY INC | - | $4.4M | 5,000,000 | 5.3% | 7 |
| WESTERN DIGITAL CORP | [WDC](https://holderbook.com/stocks/WDC/) | $3.9M | 75,000 | 4.8% | 2 |
| GENERAL MTRS CO | [GM](https://holderbook.com/stocks/GM/) | $3.6M | 100,000 | 4.4% | 4 |
| PELOTON INTERACTIVE INC | - | $3.1M | 4,000,000 | 3.8% | 7 |
| SALESFORCE INC | [CRM](https://holderbook.com/stocks/CRM/) | $1.8M | 7,000 | 2.2% | 1 |
| CHIMERA INVT CORP | [CIMXXXX](https://holderbook.com/stocks/CIMXXXX/) | $1.2M | 250,000 | 1.5% | 4 |
| GREENFIRE RES LTD NEW | [GFR](https://holderbook.com/stocks/GFR/) | $613.1K | 126,153 | 0.7% | 2 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q4 2023 | +17.7% | +11.2% | +6.5% | 92% |
| Q3 2023 | -7.5% | -3.6% | -4.0% | 95% |
| Q2 2023 | +5.6% | +8.3% | -2.7% | 96% |
| Q1 2023 | +29.4% | +7.0% | +22.4% | 90% |
| Q2 2022 | -18.9% | -16.5% | -2.5% | 99% |
| Q1 2022 | -1.6% | -4.9% | +3.3% | 96% |
| Q4 2020 | +33.9% | +11.6% | +22.3% | 100% |
| Q3 2020 | -4.8% | +8.6% | -13.4% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q4 2023 | $82.1M | 15 |
| Q3 2023 | $95.0M | 26 |
| Q2 2023 | $148.8M | 21 |
| Q1 2023 | $147.4M | 21 |
| Q4 2022 | $57.8M | 15 |
| Q3 2022 | $4.7B | 38 |
| Q2 2022 | $2.4B | 61 |
| Q1 2022 | $187.8M | 68 |
| Q4 2021 | $193.9M | 68 |
| Q3 2020 | $35.3M | 11 |
| Q2 2020 | $34.8M | 8 |
| Q1 2020 | $27.6M | 11 |