SecurityTWX / Time Warner, Inc.
InstitutionFNY Managed Accounts LLC
Shares1,012
Value $ 95,000
Related 00184AAC9 / Aol Time Warner Inc 7 5/8% Due 04/15/31
00184AAG0 / Aol Time Warner Inc 7.700% Notes 05/01/32
88732JAH1 / Time Warner Cable 5.85% Guaranteed Notes 5/1/17
88732JAK4 / Time Warner Cable 6.2% Senior Notes 7/1/13
88732JAJ7 / Time Warner Cable 6.55% Guaranteed Notes 5/1/37
88732JAL2 / Time Warner Cable 6.75% Senior Notes 7/1/18
88732JAN8 / Time Warner Cable 7.3% Senior Notes 7/1/38
88732JAQ1 / Time Warner Cable 8.25% Guaranteed Notes 2/14/14
88732JAP3 / Time Warner Cable 8.75% Guaranteed Notes 2/14/19
TWC / Time Warner Cable, Inc.
88732JAV0 / Time Warner Cable Inc 3.50% 02/01/15
88732JBA5 / Time Warner Cable Inc. 4.0% 09/01/21
88732JAX6 / Time Warner Cable Inc. 4.125% Senior Notes 02/15/21
88732JAW8 / Time Warner Cable Inc. 5.0% 02/01/2020
88732JBC1 / Time Warner Cable Inc. 5.25% Senior Notes 07/15/42
88732JBB3 / Time Warner Cable Inc. 5.50% 09/01/41
88732JAZ1 / Time Warner Cable Inc. 5.75% Senior Notes 06/02/31
88732JAY4 / Time Warner Cable Inc. 5.875% 11/15/40
88732JAU2 / Time Warner Cable Inc 6.75% 06/15/39
88732JAR9 / Time Warner Cable Inc 7.50% 04/01/14
88732JAS7 / Time Warner Cable Inc 8.25% 04/01/19
887315BB4 / Time Warner Companies Inc Debentures 6.85% 01/15/26
887315AY5 / Time Warner Companies Inc Debentures 6.875% 06/15/18
887315BA6 / Time Warner Companies Inc Debentures 8.05% 01/15/16
887315BM0 / Time Warner Companies Inc Guaranteed Debentures 6.95% 01/15/28
88731EAF7 / Time Warner Entmt Co Lp Senior Debentures 8.375% 03/15/23
88731EAJ9 / Time Warner Entmt Co Lp Srsubdb 8.375% 07/15/33
887317AQ8 / Time Warner Inc 3.40% 06/15/22
887317AN5 / Time Warner Inc. 4.0% 01/15/22
887317AK1 / Time Warner Inc. 4.75% 03/29/21
887317AP0 / Time Warner Inc 4.90% 06/15/42
887317AM7 / Time Warner Inc. 5.375% 10/15/41
887317AC9 / Time Warner Inc 5.875% Notes 11/15/16
887317AL9 / Time Warner Inc. 6.25% 03/29/41
887317AD7 / Time Warner Inc 6.5% Debs 11/15/36
887315BN8 / Time Warner Inc 6.625% Debentures 05/15/29
887315BJ7 / Time Warner Inc 7.250% Guaranteed Debentures 10/15/17
887315BH1 / Time Warner Inc 7.570% Guaranteed Debentures 02/01/24
887315AM1 / Time Warner Inc 9.15% Debs 2/1/23
887317AE5 / Time Warner Inc Debentures 6.2% 03/15/40
887317AH8 / Time Warner Inc New Fixed Rt Debentures 6.1% 07/15/2040
887317AJ4 / Time Warner Inc New Guaranteed Fixed Rt Notes 3.15% 07/15/2015
887317AG0 / Time Warner Inc New Guaranteed Fixed Rt Notes 4.7% 01/15/2021
887317AF2 / Time Warner Inc Senior Notes 4.875% 03/15/20
900262AR7 / Turner Broadcasting Senior Notes 8.375% 07/01/2013

FNY Managed Accounts LLC reports 0.39% decrease in ownership of TWX / Time Warner, Inc.

April 18, 2018 - FNY Managed Accounts LLC has filed a 13F-HR/A form disclosing ownership of 1,012 shares of Time Warner, Inc. (NYSE:TWX) with total holdings valued at $95,000 USD as of March 31, 2018. FNY Managed Accounts LLC had filed a previous 13F-HR on January 23, 2018 disclosing 1,016 shares of Time Warner, Inc. at a value of $92,000 USD. This represents a change in shares of -0.39 percent and a change in value of 3.26 percent during the quarter.

FNY Managed Accounts LLC has a history of taking positions in derivatives of the underlying security (TWX) in the form of stock options. The firm currently holds 1,682 call options valued at $159,000 USD .

Other investors with positions similar to FNY Managed Accounts LLC include Americafirst Capital Management, Llc, Edmond De Rothschild (suisse) S.a., LBA Wealth Management, LLC, Edmond de Rothschild (Europe), McKinley Carter Wealth Services, Inc., and WFG Advisors, LP.

Time Warner, Inc. has declared a standard industrial code (sic) of 4841 which is the "Cable and Other Pay Television Services" industry. FNY Managed Accounts LLC's top industries are "Agricultural Services" (sic 07), "Motion Pictures and Film" (sic 78), and "Insurance Agents, Brokers, And Service" (sic 64).

13F Filings

The Security, Class, and CUSIP columns in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names and cusips.

In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

Effective
Date
Form Security Class CUSIP Share
Price
Shares Change
(%)
Value
(x1000)
Change
(%)
Cost
(x1000)
Profit
(x1000)
Return
(%)
2018-03-31 13F-HR/A-1 TIME WARNER ORD COM 887317303 92.21 1,012 -0.39 95 3.26 -0 3 3.66
2018-03-31 13F-HR TIME WARNER ORD COM 887317303 1,012 95
2017-12-31 13F-HR TIME WARNER ORD COM 887317303 96.46 1,016 -75.00 92 -77.88 -294 -30 -7.21
2017-09-30 13F-HR TIME WARNER ORD COM 887317303 4,064 416
2015-09-30 13F-HR TIME WARNER INC. CMN COM 887317303 0 -100.00 0 -100.00
2015-06-30 13F-HR TIME WARNER INC. CMN COM 887317303 8,287 724,367
2014-12-31 13F-HR TIME WARNER INC. CMN COM 887317303 0 -100.00 0 -100.00
2014-09-30 13F-HR TIME WARNER INC. CMN COM 887317303 740 55,655

Call Options

Effective
Date
Form Security Class CUSIP Opt Share
Price
Shares Change
(%)
Value
(x1000)
Change
(%)
Cost
(x1000)
Profit
(x1000)
Return
(%)
2018-03-31 13F-HR/A TIME WARNER ORD COM 887317303 Call 91.22 1,682 1,748.35 159 1,887.50 145 6 73.34
2018-03-31 13F-HR TIME WARNER ORD COM 887317303 Call 1,682 159
2017-12-31 13F-HR TIME WARNER ORD COM 887317303 Call 85.62 91 279.17 8 300.00 6 0 13.16
2017-09-30 13F-HR TIME WARNER ORD COM 887317303 Call 24 2


CUSIP: 887317303