Highbridge Capital Management is based out of New York. Highbridge Capital Management is a hedge fund with 18 clients and discretionary assets under management (AUM) of $7,153,932,695 (Form ADV from 2024-06-28). Their last reported 13F filing for Q2 2024 included $3,128,701,790 in managed 13F securities
and a top 10 holdings concentration of 44.06%. Highbridge Capital Management's largest holding is iShares Russell 2000 ETF- with shares held of 3,000,000. Whalewisdom has at least 103 13F filings, 11 13D filings, 648 13G filings, and 50 Form 4 filings
Business Description
The advisory business involves providing services to clients, including administrators, auditors, and prime brokers. These service providers may be involved in other funds or investment platforms with similar objectives, potentially leading to conflicts of interest as they allocate their time and resources. They are compensated at market rates based on their engagement terms.
Additionally, certain advisors and service providers to the clients have business relations with JPM and HCM, including being clients, sources of investment opportunities, or co-investors. These relationships could potentially influence HCM's decisions regarding selecting or retaining service providers. However, any losses incurred by investors in a client will be borne solely by the investors, not by HCM or its affiliates.
Investment Strategy
HCM engages in credit and volatility focused investment strategies on behalf of Clients. More detailed information about these strategies can be found in each Client’s offering and/or disclosure documents.
Certain Clients invest in equity securities and equity-like securities, which can fluctuate in value based on the issuer's performance and movements in the equity markets. Some Clients have strategies that involve long, unhedged or only partially hedged investments in equities, which may decline in value if the equity markets, a sector, or a specific security declines.
Other Contact Information
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2024-06-30
Top Buys (13F)
| Name | % Change |
|---|---|
| IWM iShares Russell 2000 (PUT) | 11.75% |
| DEBT-FIRS FIRSTENERGY CORP NOT (PRN) | 3.1% |
| DEBT-SOUT SOUTHWEST AIRLS CO N (PRN) | 2.36% |
| DEBT-SARE SAREPTA THERAPEUTICS (PRN) | 1.86% |
| DEBT-VENT VENTAS RLTY LTD PART (PRN) | 1.79% |
2024-06-30
Top Sells (13F)
| Name | % Change |
|---|---|
| OXY Occidental Petroleum (PUT) | 5.03% |
| DEBT-GAMI GAMIDA CELL INC NOTE (PRN) | 2.2% |
| DEBT-COLL COLLEGIUM PHARMACEUT (PRN) | 1.59% |
| PXD Pioneer Natural Reso | 1.58% |
| DEBT-MICR MICROSTRATEGY INC NO (PRN) | 1.49% |
2024-06-30
13F Holdings Summary
| Name | $ Change |
|---|---|
| IWM iShares Russell 2000(PUT) | 19.45% |
| DEBT-FORD FORD MTR CO DEL NOTE(PRN) | 4.37% |
| OXYWS.WI Occidental Petroleum(PRN) | 3.61% |
| DEBT-FIRS FIRSTENERGY CORP NOT(PRN) | 3.1% |
| DEBT-AMER AMERICAN AIRLS GROUP(PRN) | 2.48% |
2024-06-30
13F Activity
| Market Value | $3.13b, Prior: $2.73b |
| Inflows (Outflows) as % of Total MV | +10.974% |
| New Purchases | 54 stocks |
| Added To | 97 stocks |
| Sold out of | 59 stocks |
| Reduced holdings in | 63 stocks |
| Top 10 Holdings % | 44.06% |
| Turnover %[1] | 28.61% |
| Turnover Alt %[2] | 28.05% |
| Time Held Top 20 | 2.15 quarters |
| Time Held Top 10 | 1.7 quarters |
| Time Held All | 4.89 quarters |
[1]: Turnover is calculated by taking the # of new holdings (initial purchases) + the # of positions sold out of (not just reduced) divided by the total # of holdings for the quarter.
[2]: Alt Turnover is calculated by taking either the total MV of new purchases or the MV of securities sold, whichever is less, divided by the total MV of the fund.
2024-06-30
13F Sector Allocation Over Time
limited to past 4 quarters. Subscribe to see all available data
2024-06-30
Analysis
Top 20 equal-weighted holdings. Performance numbers calculated through 2024-06-30