Paloma Partners Management Company is based out of Greenwich. Paloma Partners Management Company is a hedge fund with 3 clients and discretionary assets under management (AUM) of $29,368,098,330 (Form ADV from 2024-10-16). Their last reported 13F filing for Q3 2024 included $3,609,516,840 in managed 13F securities
and a top 10 holdings concentration of 22.22%. Paloma Partners Management Company's largest holding is Invesco QQQ Trust, Series 1 with shares held of 323,700. Whalewisdom has at least 96 13F filings, 6 13D filings, and 6 13G filings
Business Description
The advisory business includes traditional research reports analyzing company or stock performance, market, company and financial data, market, economic, political and financial information, statistical information including market analysis, data on the pricing and availability of securities, and seminars and conferences relating to investment in securities.
The advisory business also includes execution algorithms, order management systems, post-trade reporting and analysis, clearance services, settlement services, and custody services.
Investment Strategy
The Paloma Fund employs a variety of investment strategies, including capital structure strategies, convertible securities strategies, long/short strategies, investments in real assets, macro-economic strategies, fund-level hedging strategies, relative value investments, fundamental or directional investments, distressed strategies, and event driven, special situation and merger arbitrage strategies.
Capital structure strategies focus on exploiting pricing inefficiencies and informational asymmetries within companies' capital structures. Convertible securities strategies aim to profit from price differentials between convertible securities and the underlying security. Long/short strategies seek to generate alpha and mitigate market correlation by establishing long and short positions in securities. Real asset investments are opportunistic investments in physical, tangible assets. Macro-economic strategies aim to capture market movements across global markets based on broader economic analysis. Fund-level hedging strategies limit exposure to rapid market changes. Relative value investments exploit price discrepancies between related securities. Fundamental or directional investments identify undervalued or overvalued securities. Distressed strategies invest in securities of financially weak issuers. Event driven, special situation and merger arbitrage strategies capitalize on opportunities created by specific events or situations.
Owners
- SUSSMAN, SELWYN, DONALD - DIRECTOR, CHAIRMAN, AND CIO
- SINGH, RAVI, MOHAN - CHIEF STRATEGY OFFICER
- RIPPETOE, GRANT, LEE - MANAGING DIRECTOR
- BURHANS, JULIA, BORISOVNA - MANAGING DIRECTOR
- BAUER, ANDREAS, RASMUS - MANAGING DIRECTOR
- LINAHAN, GABRIELE, NMN - MANAGING DIRECTOR
- FRIEDMAN, DAVID, ELIOT - MANAGING DIRECTOR, CHIEF COMPLIANCE OFFICER
- BARBIERO, NEAL, DAVID - MANAGING DIRECTOR, GLOBAL HEAD OF TREASURY
- GRIDLEY, JOHN, MICHAEL - MANAGING DIRECTOR, DEPUTY CIO, CHIEF OPERATING OFFICER
- HAYT, GREGORY, SCOTT - DIRECTOR, VICE CHAIRMAN
- HAGAN, THEODORE, NMN - MANAGING DIRECTOR, CHIEF FINANCIAL OFFICER
- MORROCU, GAVIN, NMN - MANAGING DIRECTOR, TAX DIRECTOR
- KUKURUZA, PAUL, NMN - MANAGING DIRECTOR, CHIEF INFORMATION OFFICER
- FERRARI, ANTHONY, THOMAS - MANAGING DIRECTOR
- Erickson, Diane, Regina - MANAGING DIRECTOR
- Leskin, Barry, Scott - MANAGING DIRECTOR, CHIEF RISK OFFICER
- LEWIN, MELISSA, ERIN - MANAGING DIRECTOR, GENERAL COUNSEL Click on the Ownership/Private Fund Data tab for more details.
Other Contact Information
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2024-09-30
Top Buys (13F)
| Name | % Change |
|---|---|
| IWM iShares Russell 2000 (PUT) | 2.86% |
| QQQ Invesco QQQ Trust, S (PUT) | 1.94% |
| XLY The Consumer Discret (PUT) | 1.84% |
| DEBT-NIO NIO INC NOTE 4.625%1 (PRN) | 1.51% |
| AA Alcoa Corp | 1.51% |
2024-09-30
Top Sells (13F)
| Name | % Change |
|---|---|
| SPY SPDR S&P 500 ETF TRU (PUT) | 18.59% |
| XLE The Energy Select Se (PUT) | 2.76% |
| XLU The Utilities Select (PUT) | 0.99% |
| QQQ Invesco QQQ Trust, S | 0.78% |
| XLF The Financial Select (PUT) | 0.71% |
2024-09-30
13F Holdings Summary
| Name | $ Change |
|---|---|
| QQQ Invesco QQQ Trust, S(PUT) | 4.38% |
| IWM iShares Russell 2000(PUT) | 4.1% |
| SPY SPDR S&P 500 ETF TRU(PUT) | 3.11% |
| XLY The Consumer Discret(PUT) | 1.84% |
| FXI iShares China Large-(PUT) | 1.62% |
2024-09-30
13F Activity
| Market Value | $3.61b, Prior: $3.55b |
| Inflows (Outflows) as % of Total MV | (-5.7478)% |
| New Purchases | 637 stocks |
| Added To | 213 stocks |
| Sold out of | 674 stocks |
| Reduced holdings in | 235 stocks |
| Top 10 Holdings % | 22.22% |
| Turnover %[1] | 73.98% |
| Turnover Alt %[2] | 67.74% |
| Time Held Top 20 | 0.2 quarters |
| Time Held Top 10 | 0.3 quarters |
| Time Held All | 2.59 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.
2024-09-30
13F Sector Allocation Over Time
limited to past 4 quarters. Subscribe to see all available data
2024-09-30
Analysis
Top 20 equal-weighted holdings. Performance numbers calculated through 2024-09-30