# Taal Capital Management LP

> Institutional holdings reported to the SEC as of Q2 2021 on Form 13F. CIK 1811243. Source: https://holderbook.com/funds/1811243-taal-capital-management-lp/

- Reported value: $122.2M
- Positions: 34
- Weight of the ten largest: 68.4%
- Filed: 2021-08-16

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 |
|---|---|---|---|---|---|
| PG&E CORP | [PCG](https://holderbook.com/stocks/PCG/) | $14.2M | 1,400,000 | 11.7% | 6 |
| ALEXION PHARMACEUTICALS INC | [ALXN](https://holderbook.com/stocks/ALXN/) | $9.2M | 50,000 | 7.5% | 1 |
| STARBOARD VALUE ACQUISITN CO | [SVAC](https://holderbook.com/stocks/SVAC/) | $8.6M | 20,000 | 7.0% | 2 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $8.3M | 30,000 | 6.8% | 6 |
| T-MOBILE US INC | [TMUS](https://holderbook.com/stocks/TMUS/) | $8.0M | 55,000 | 6.5% | 5 |
| DISCOVERY INC | [DISCK](https://holderbook.com/stocks/DISCK/) | $7.8M | 269,900 | 6.4% | 2 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $7.0M | 30,000 | 5.7% | 5 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $7.0M | 45,000 | 5.7% | 6 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $6.8M | 25,000 | 5.5% | 6 |
| DISH NETWORK CORPORATION | [DISH](https://holderbook.com/stocks/DISH/) | $6.7M | 160,000 | 5.5% | 6 |
| CHENIERE ENERGY INC | [LNG](https://holderbook.com/stocks/LNG/) | $5.6M | 65,000 | 4.6% | 6 |
| SOLARWINDS CORP | [SWI](https://holderbook.com/stocks/SWI/) | $5.2M | 310,000 | 4.3% | 2 |
| TJX COS INC NEW | [TJX](https://holderbook.com/stocks/TJX/) | $5.1M | 75,000 | 4.1% | 6 |
| PERSHING SQUARE TONTINE HLDG | [PSTH](https://holderbook.com/stocks/PSTH/) | $4.0M | 175,000 | 3.3% | 1 |
| NIKE INC | [NKE](https://holderbook.com/stocks/NKE/) | $3.9M | 25,000 | 3.2% | 6 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $3.7M | 1,500 | 3.0% | 1 |
| NEWS CORP NEW | [NWS](https://holderbook.com/stocks/NWS/) | $3.4M | 139,800 | 2.8% | 1 |
| FISERV INC | [FISV](https://holderbook.com/stocks/FISV/) | $2.5M | 23,580 | 2.1% | 2 |
| JETBLUE AIRWAYS CORP | [JBLU](https://holderbook.com/stocks/JBLU/) | $2.5M | 150,000 | 2.1% | 3 |
| NEXTGEN ACQUISITION CORP II | [NGCAU](https://holderbook.com/stocks/NGCAU/) | $974.0K | 90,000 | 0.8% | 2 |
| OCCIDENTAL PETE CORP | [OXYWS](https://holderbook.com/stocks/OXYWS/) | $417.0K | 30,000 | 0.3% | 3 |
| ALTIMAR ACQUISITION CORP III | [ATAQU](https://holderbook.com/stocks/ATAQU/) | $253.0K | 25,000 | 0.2% | 2 |
| ISOS ACQUISITION CORPORATION | [ISOSU](https://holderbook.com/stocks/ISOSU/) | $102.0K | 10,000 | 0.1% | 2 |
| MSD ACQUISITION CORP | [MSDAU](https://holderbook.com/stocks/MSDAU/) | $101.0K | 10,000 | 0.1% | 2 |
| FIRST RESERVE SUSTAINABLE GW | [FRSGU](https://holderbook.com/stocks/FRSGU/) | $100.0K | 10,000 | 0.1% | 2 |
| HUDSON EXECUTIVE INVES III | [HIIIU](https://holderbook.com/stocks/HIIIU/) | $100.0K | 10,000 | 0.1% | 2 |
| FREEDOM ACQUISITION I CORP | [FACTU](https://holderbook.com/stocks/FACTU/) | $100.0K | 10,000 | 0.1% | 2 |
| LEAD EDGE GROWTH OPRTUNTS LT | [LEGAU](https://holderbook.com/stocks/LEGAU/) | $100.0K | 10,000 | 0.1% | 2 |
| PERIDOT ACQUISITION CORP II | [PDOTU](https://holderbook.com/stocks/PDOTU/) | $100.0K | 10,000 | 0.1% | 2 |
| SUPERNOVA PARTNERS ACQUISTN | [SNIIU](https://holderbook.com/stocks/SNIIU/) | $100.0K | 10,000 | 0.1% | 2 |
| KHOSLA VENTURES ACQUT CO III | [KVSC](https://holderbook.com/stocks/KVSC/) | $99.0K | 10,000 | 0.1% | 2 |
| GORES TECHNOLOGY PARTNERS II | [GTPBU](https://holderbook.com/stocks/GTPBU/) | $52.0K | 5,000 | 0.0% | 2 |
| WALDENCAST ACQUISITION CORP | [WALDU](https://holderbook.com/stocks/WALDU/) | $51.0K | 5,000 | 0.0% | 2 |
| VIRGIN GROUP ACQUISIT CORP I | [VGIIU](https://holderbook.com/stocks/VGIIU/) | $50.0K | 5,000 | 0.0% | 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 2021 | +2.2% | +8.0% | -5.9% | 100% |
| Q1 2021 | +5.1% | +6.0% | -0.9% | 100% |
| Q4 2020 | +17.2% | +11.6% | +5.5% | 92% |
| Q3 2020 | +6.9% | +8.6% | -1.7% | 100% |
| Q2 2020 | +12.8% | +19.6% | -6.9% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2021 | $122.2M | 34 |
| Q1 2021 | $121.8M | 46 |
| Q4 2020 | $121.8M | 16 |
| Q3 2020 | $102.1M | 16 |
| Q2 2020 | $92.3M | 17 |
| Q1 2020 | $77.6M | 16 |