Q1 2025 · 13F-HR
III Capital Managementholdings as filed
Filed 2025-05-15 · accession 0001783139-25-000004
$552.4M
Reported value
44
Positions
2025-03-31
Period end
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 464288513 | HYG | ISHARES TR | $118.0M | 21.4% | 1,500,000 | CALL | SOLE |
| 464288513 | HYG | ISHARES TR | $104.9M | 19.0% | 1,330,000 | Common | SOLE |
| 46138G508 | BKLN | INVESCO EXCH TRADED FD TR II | $97.7M | 17.7% | 4,719,614 | Common | SOLE |
| 09857LAN8 | BKNG 0.75 05/01/25 | BOOKING HOLDINGS INC | $68.1M | 12.3% | 27,714,000 | Common | SOLE |
| 08265TAB5 | BSY 0.125 01/15/26 | BENTLEY SYS INC | $34.4M | 6.22% | 35,605,000 | Common | SOLE |
| 45781MAB7 | INVA 2.5 08/15/25 | INNOVIVA INC | $33.2M | 6.01% | 29,842,000 | Common | SOLE |
| 549498103 | CCIVGBP | LUCID GROUP INC | $5.9M | 1.07% | 2,436,300 | PUT | SOLE |
| 16119P108 | CHTR | CHARTER COMMUNICATIONS INC N | $5.0M | 0.90% | 13,500 | Common | SOLE |
| 42704L104 | HRI | HERC HLDGS INC | $5.0M | 0.90% | 36,872 | Common | SOLE |
| 69331C108 | PCG | PG&E CORP | $4.9M | 0.88% | 284,000 | PUT | SOLE |
| 958102105 | WDC | WESTERN DIGITAL CORP | $4.6M | 0.83% | 113,800 | Common | SOLE |
| 26210V102 | DRVN | DRIVEN BRANDS HLDGS INC | $4.3M | 0.78% | 250,000 | Common | SOLE |
| 81180WBL4 | STX 3.5 06/01/28 | SEAGATE HDD CAYMAN | $4.3M | 0.77% | 3,547,000 | Common | SOLE |
| 83001C108 | FUN | SIX FLAGS ENTERTAINMENT CORP | $4.3M | 0.77% | 119,516 | Common | SOLE |
| 29430C102 | VSTS | VESTIS CORPORATION | $4.1M | 0.74% | 411,241 | Common | SOLE |
| 013091103 | ACI | ALBERTSONS COS INC | $4.1M | 0.74% | 185,000 | Common | SOLE |
| 30303M102 | META | META PLATFORMS INC | $4.0M | 0.73% | 7,000 | Common | SOLE |
| 099724106 | BWA | BORGWARNER INC | $4.0M | 0.73% | 140,000 | Common | SOLE |
| 69007J304 | OUT | OUTFRONT MEDIA INC | $3.6M | 0.66% | 224,874 | Common | SOLE |
| 760125104 | RTO | RENTOKIL INITIAL PLC | $3.6M | 0.65% | 157,030 | Common | SOLE |
| 053774105 | CAR | AVIS BUDGET GROUP | $3.4M | 0.62% | 45,000 | Common | SOLE |
| 983134107 | WYNN | WYNN RESORTS LTD | $2.5M | 0.45% | 30,000 | Common | SOLE |
| 08862EAB5 | BYND 0 03/15/27 | BEYOND MEAT INC | $2.4M | 0.43% | 19,546,000 | Common | SOLE |
| G25508105 | CRH | CRH PLC | $2.3M | 0.42% | 26,534 | Common | SOLE |
| 90353T100 | UBER | UBER TECHNOLOGIES INC | $2.2M | 0.40% | 30,000 | Common | SOLE |
| 448579102 | H | HYATT HOTELS CORP | $2.1M | 0.39% | 17,500 | Common | SOLE |
| 917047102 | URBN | URBAN OUTFITTERS INC | $2.1M | 0.38% | 40,000 | Common | SOLE |
| 12769G100 | CZR | CAESARS ENTERTAINMENT INC NE | $2.0M | 0.36% | 79,900 | Common | SOLE |
| 876030107 | TPR | TAPESTRY INC | $1.9M | 0.34% | 27,000 | Common | SOLE |
| 65336K103 | NXST | NEXSTAR MEDIA GROUP INC | $1.8M | 0.32% | 10,000 | Common | SOLE |
| 934423104 | WBD | WARNER BROS DISCOVERY INC | $1.7M | 0.30% | 155,000 | Common | SOLE |
| 51509P103 | LSEA | LANDSEA HOMES CORP | $1.6M | 0.30% | 255,815 | Common | SOLE |
| 81369Y308 | XLP | SELECT SECTOR SPDR TR | $1.6M | 0.29% | 19,300 | Common | SOLE |
| 19239V302 | CCOI | COGENT COMMUNICATIONS HLDGS | $1.2M | 0.22% | 20,000 | Common | SOLE |
| 256746108 | DLTR | DOLLAR TREE INC | $1.1M | 0.20% | 15,000 | Common | SOLE |
| 30212P303 | EXPE | EXPEDIA GROUP INC | $1.0M | 0.18% | 6,000 | Common | SOLE |
| 500754106 | KHC | KRAFT HEINZ CO | $968,586 | 0.18% | 31,830 | Common | SOLE |
| G66721104 | NCLH | NORWEGIAN CRUISE LINE HLDG L | $864,576 | 0.16% | 45,600 | Common | SOLE |
| 09857L108 | BKNG | BOOKING HOLDINGS INC | $460,691 | 0.08% | 100 | Common | SOLE |
| 381013101 | GDEN | GOLDEN ENTMT INC | $449,368 | 0.08% | 17,028 | Common | SOLE |
| 52466B103 | LZ | LEGALZOOM COM INC | $430,500 | 0.08% | 50,000 | Common | SOLE |
| 549498103 | CCIVGBP | LUCID GROUP INC | $279,575 | 0.05% | 115,527 | Common | SOLE |
| 08862E109 | BYND | BEYOND MEAT INC | $100,955 | 0.02% | 33,100 | PUT | SOLE |
| 08975B117 | BBAI/WS | BIGBEAR AI HLDGS INC | $36,250 | 0.01% | 42,900 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.