Tiger Legatus Capital Management, LLC

CIK

1535279

Location

NEW YORK, NY

Portfolio Value

Micro $58,910,276

Diversification

Moderately concentrated

Filing Date

Global Rank

#6,612 / 6,901 ▼ 15 · as of Mar 2022

Top Industry

Asset Management 43.1%

Period ended 4 years ago

Filed May 16, 2022 · 4y

9 quarters · since Mar 2020

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Unknown

Portfolio style

Measured from the filed 13F common-share book for Mar 31, 2022, never from the firm's own description.

Style

Concentrated

The top 10 positions are 100.0% of the book (60%+)

Turnover

Medium turnover

78.1% over the last four quarters (30% to under 100%)

Horizon

Horizon unknown

The value-weighted holding period is at least 3.3 quarters, but 1.8% of the book was already held when coverage starts

Closest benchmark: the S&P MidCap 400 as of 2022-03-31, active share 99.6%; sector active share 50.2% against the combined 13F book's sector weights.

Over time 9 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

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Portfolio Concentration

10 tracked positions · as of Mar 31, 2022 · Δ vs Dec 31, 2021

Top Position

31.4%

−0.4 pts

Top 5

82.4%

+1.3 pts

Top 10

100.0%

0.0 pts

HHI

1,864

Moderately concentrated+107

Portfolio Trend

9 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2022

Sector	% Portfolio	Value	Positions
Financial Services	41.4%	$24,411,450	2
Healthcare	23.6%	$13,925,520	1
Consumer Cyclical	13.4%	$7,882,606	2
Communication Services	9.1%	$5,387,140	3
Technology	8.6%	$5,066,560	1
Unclassified	3.8%	$2,237,000	1

Last Quarter's Activity

Export CSV

Mar 31, 2022 vs Dec 31, 2021

Added To

Positions the filer increased

1 positions

Ticker	Company	Δ Shares	Shares	Value	Open
NBIS	Nebius Group N.V.	+69,629	104,629	$1,056,000
No positions match the current search.

Trimmed

Positions the filer reduced

6 positions

Ticker	Company	Δ Shares	Shares	Value
SEAT	Vivid Seats Inc.	−408,000	197,000	$2,178,820
PAX	Patria Investments Ltd	−403,137	1,040,000	$18,522,400
CDRO	Codere Online Luxembourg, S.A.	−210,300	543,600	$2,756,052
EXPE	Expedia Group, Inc.	−31,300	26,200	$5,126,554
UBER	Uber Technologies, Inc	−27,000	142,000	$5,066,560
MSGK	MSG Knickerbockers Corp.	−12,000	12,000	$2,152,320
No positions match the current search.

New Positions

Positions the filer opened this quarter

3 positions

Ticker	Company	Shares	Value
THC	Tenet Healthcare Corp	162,000	$13,925,520
APO	Apollo Global Management, Inc.	95,000	$5,889,050
—		225,000	$2,237,000
No positions match the current search.

Sold Out

Positions the filer fully exited

2 positions

Ticker	Company	Shares	Value
QSR	Restaurant Brands International Inc.	50,000	$3,034,000
—		45,000	$288,000
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

10 tracked positions · $58,910,276 total · filing declares 12 positions · $62,396,000 · as of Mar 31, 2022

All sectors Communication Services Consumer Cyclical Financial Services Healthcare Technology

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
PAX	Patria Investments Ltd Financial Services	Reduced	1,040,000	-403,137	$18,522,400	−20.8%	5	$17.20	31.44%
THC	Tenet Healthcare Corp Healthcare	NEW	162,000	NEW	$13,925,520	NEW	1	$82.15	23.64%
APO	Apollo Global Management, Inc. Financial Services	NEW	95,000	NEW	$5,889,050	NEW	1	$65.77	10.00%
EXPE	Expedia Group, Inc. Consumer Cyclical	Reduced	26,200	-31,300	$5,126,554	−50.7%	5	$156.18	8.70%
UBER	Uber Technologies, Inc Technology	Reduced	142,000	-27,000	$5,066,560	−28.5%	4	$49.46	8.60%
CDRO	Codere Online Luxembourg, S.A. Consumer Cyclical	Reduced	543,600	-210,300	$2,756,052	−39.3%	2	$8.76	4.68%
		NEW	225,000	NEW	$2,237,000	NEW	1	unpriced	3.80%
SEAT	Vivid Seats Inc. Communication Services	Reduced	197,000	-408,000	$2,178,820	−66.9%	2	$11.79	3.70%
MSGK	MSG Knickerbockers Corp. Communication Services	Reduced	12,000	-12,000	$2,152,320	−48.4%	7	$158.71	3.65%
NBIS	Nebius Group N.V. Communication Services	Added	154,629	+119,629	$1,056,000	−50.1%	9+	before history	1.79%

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.