Thirteen

L/S equities. I buy and I sell.

[Thirteen @thirteenvoid]

Long'd $DUOL at 4% of portfolio at $294

[Thirteen @thirteenvoid]

Taking a shot and shorted $DUOL at 25% position size at $207.50

[Thirteen @thirteenvoid]

closed out remainder at ~$290

[Thirteen @thirteenvoid]

*looks at pre-market shitcos all up*

yeah not time to turn off levered longs in crypto yet.

[Thirteen @thirteenvoid]

Remitly stablecoin thesis playing out. $RELY

[Omar @TheOneandOmsy]

Remitly on their stablecoin play at earnings today:
- Lets international customers hold a less volatile currency (USD) in their Remitly Wallet
- Give customers the option to now send those funds to anyone in the world with a wallet
- Enables customers to offramp via bank, in person pickup, or door to door delivery (i.e. the Dominican)
- Interestingly, Remitly also leveraging stables at a corporate level for FX, treasury, and cash management

[Thirteen @thirteenvoid]

Long $PYPL ($60.30 and $RELY ($19.50) //
Short $EEFT ($93.5) and $WU ($10.04)

50% position size. Minor long bias.

[Thirteen @thirteenvoid]

Added to $RELY long at $19.95 ~10% increase

[Thirteen @thirteenvoid]

bought more $PINS at $34

[Thirteen @thirteenvoid]

Opened $FLLA long at $19.50 and $PINS long at $23.95 both at 20% position size.

[Thirteen @thirteenvoid]

Think this is about to re-rate and gun for 52 week highs. Now 10% of portfolio. $PINS only behind GOOG (~12.5%)

[Thirteen @thirteenvoid]

$LLY data isn't nearly as bad as market seems. Seems like oddity on trial dropout and even though weight loss vs $NVO was lower, the highest dose also was lower.

[Thirteen @thirteenvoid]

Increasing $IRM as % of portfolio here. Don't really get this sell-off besides the earnings miss. Thesis still largely holding.

Added at $90.30 -- Now at 4.1% of port.

[Thirteen @thirteenvoid]

20% position size long $IRM

[Thirteen @thirteenvoid]

fully sized into IRM after yesterday at ~$100

[Thirteen @thirteenvoid]

Long 1% NAV on $NVO at ~$54.65

[Thirteen @thirteenvoid]

this tweet is hilarious in both directions, in retrospect.

[Thirteen @thirteenvoid]

$OPEN is worth about the same amount as OpenStore now

[Thirteen @thirteenvoid]

I trimmed some $COIN at $430 and would probably look to more aggressively sell north of $460

[Thirteen @thirteenvoid]

Didn’t call it out here as I’m obviously very long crypto but for posterity feels likely you can pile into $COIN and wait for $100B MC

[Thirteen @thirteenvoid]

Trimmed another ~25% of $IREN at $20.45

[Thirteen @thirteenvoid]

crypto miners that are spinning up AI side of business

[Thirteen @thirteenvoid]

Trimmed 15% of $IREN at $17.30

[Thirteen @thirteenvoid]

Long $HVO at ~2% portfolio at 10p

[Thirteen @thirteenvoid]

12.5%

[Thirteen @thirteenvoid]

$GOOG at 11% of port now.

[Thirteen @thirteenvoid]

up a quick 25% but probably worth tripling down on this if there's a NAV + HYPE pullback $LGHL tbd.

[Thirteen @thirteenvoid]

Long'd $LGHL at $2.95 and sold at $4 past 7 days. Scalped it with 1% of portfolio size. Probably runs quite a bit more tbh.

[Thirteen @thirteenvoid]

Long'd LGHL at $3.10 at ~.5% portfolio

[Thirteen @thirteenvoid]

$LLY now at 6.2% of portfolio avg'd in more.

[Thirteen @thirteenvoid]

Doing some catch up from limits that hit over past few days.

Long'd $LLY over two purchases. 75% size. Avg price $805

Added to $DGX (avg price now $171.60, 75% position size) and $LH (avg price $240.17, 25% position)

[Thirteen @thirteenvoid]

90% position size now $LLY avg price of ~$782

[Thirteen @thirteenvoid]

- Long'd across 2 purchases at $3.10 avg cost for 1% of NAV total
- Looks like acquisition is $4.04/share upfront with upside to $12.37/share
- Market seems to be settling around $6/share right now but will hold.

$MGRM

[Thirteen @thirteenvoid]

10% long $MGRM at $2.95

[Thirteen @thirteenvoid]

not a bad morning for $MGRM.