# Berry Street Capital Management LLP

> Institutional holdings reported to the SEC as of Q3 2023 on Form 13F. CIK 1804007. Source: https://holderbook.com/funds/1804007-berry-street-capital-management-llp/

- Reported value: $340.4M
- Positions: 26
- Weight of the ten largest: 81.2%
- Filed: 2023-11-13

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 |
|---|---|---|---|---|---|
| ISHARES TR | [TLT](https://holderbook.com/stocks/TLT/) | $44.3M | 0 | 13.0% | 1 |
| SEAGEN INC | [SGEN](https://holderbook.com/stocks/SGEN/) | $43.8M | 206,250 | 12.9% | 3 |
| ACTIVISION BLIZZARD INC | [ATVI](https://holderbook.com/stocks/ATVI/) | $42.1M | 450,000 | 12.4% | 7 |
| VMWARE INC | [VMW](https://holderbook.com/stocks/VMW/) | $32.3M | 193,750 | 9.5% | 6 |
| CAPRI HOLDINGS LIMITED | [CPRI](https://holderbook.com/stocks/CPRI/) | $28.9M | 362,500 | 8.5% | 1 |
| ALBERTSONS COMPANIES INC | [ACI](https://holderbook.com/stocks/ACI/) | $25.9M | 762,500 | 7.6% | 4 |
| UNITED STATES STL CORP NEW | [X](https://holderbook.com/stocks/X/) | $20.3M | 337,500 | 6.0% | 1 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $17.9M | 0 | 5.3% | 1 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $10.7M | 0 | 3.1% | 2 |
| HORIZON THERAPEUTICS PUB L | [HZNP](https://holderbook.com/stocks/HZNP/) | $10.1M | 87,500 | 3.0% | 4 |
| SILICON MOTION TECHNOLOGY CO | [SIMO](https://holderbook.com/stocks/SIMO/) | $7.0M | 137,500 | 2.1% | 6 |
| DENBURY INC | [DEN](https://holderbook.com/stocks/DEN/) | $6.1M | 62,500 | 1.8% | 1 |
| AMEDISYS INC | [AMED](https://holderbook.com/stocks/AMED/) | $5.8M | 62,500 | 1.7% | 1 |
| NEOGAMES S A | [NGMS](https://holderbook.com/stocks/NGMS/) | $5.7M | 212,500 | 1.7% | 1 |
| INARI MED INC | [NARI](https://holderbook.com/stocks/NARI/) | $5.7M | 87,500 | 1.7% | 2 |
| TABULA RASA HEALTHCARE INC | [TRHC](https://holderbook.com/stocks/TRHC/) | $5.7M | 550,000 | 1.7% | 1 |
| SPLUNK INC | [SPLK](https://holderbook.com/stocks/SPLK/) | $5.5M | 37,500 | 1.6% | 1 |
| HOLLYSYS AUTOMATION TCHNGY L | [HOLI](https://holderbook.com/stocks/HOLI/) | $5.5M | 275,000 | 1.6% | 3 |
| IROBOT CORP | [IRBTQ](https://holderbook.com/stocks/IRBTQ/) | $4.7M | 0 | 1.4% | 2 |
| EDWARDS LIFESCIENCES CORP | [EW](https://holderbook.com/stocks/EW/) | $3.5M | 50,000 | 1.0% | 1 |
| CARRIAGE SVCS INC | [CSV](https://holderbook.com/stocks/CSV/) | $2.6M | 90,625 | 0.8% | 1 |
| CLEVELAND-CLIFFS INC NEW | [CLF](https://holderbook.com/stocks/CLF/) | $2.0M | 0 | 0.6% | 1 |
| TXNM ENERGY INC | [TXNM](https://holderbook.com/stocks/TXNM/) | $1.7M | 37,500 | 0.5% | 1 |
| SPIRIT AIRLS INC | [SAVEQ](https://holderbook.com/stocks/SAVEQ/) | $1.4M | 87,500 | 0.4% | 1 |
| DIREXION SHS ETF TR | [TMFXXXX](https://holderbook.com/stocks/TMFXXXX/) | $602.5K | 125,000 | 0.2% | 1 |
| TECK RESOURCES LTD | [TECK](https://holderbook.com/stocks/TECK/) | $538.6K | 12,500 | 0.2% | 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 |
|---|---|---|---|---|
| Q2 2023 | -0.8% | +8.3% | -9.0% | 85% |
| Q1 2023 | +2.2% | +7.0% | -4.8% | 62% |
| Q3 2022 | -3.6% | -5.3% | +1.8% | 77% |
| Q2 2022 | -9.5% | -16.5% | +6.9% | 69% |
| Q1 2022 | -5.3% | -4.9% | -0.3% | 62% |
| Q4 2021 | +6.4% | +10.7% | -4.2% | 81% |
| Q3 2021 | -0.6% | +0.3% | -0.8% | 75% |
| Q2 2021 | +7.6% | +8.0% | -0.4% | 60% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q3 2023 | $340.4M | 26 |
| Q2 2023 | $538.8M | 24 |
| Q1 2023 | $396.9M | 24 |
| Q4 2022 | $363.5M | 28 |
| Q3 2022 | $450.4M | 22 |
| Q2 2022 | $800.0M | 52 |
| Q1 2022 | $882.8M | 60 |
| Q4 2021 | $970.4M | 77 |
| Q3 2021 | $660.9M | 68 |
| Q2 2021 | $1.1B | 103 |
| Q1 2021 | $910.1M | 99 |
| Q4 2020 | $779.8M | 70 |