Cheyne Capital Management (UK) LLP Buys Carvana Co, GTT Communications Inc, AT&T Inc, Sells Monsanto Co, Time Warner Inc, IAC/InterActiveCorp

• New Purchases: CVNA, T,
• Added Positions: GTT, RDNT,
• Reduced Positions: ZGNX,
• Sold Out: MON, TWX, IAC, TRCO, COL, DISCK, IBB, AKRX, W,

For the details of Cheyne Capital Management (UK) LLP's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Cheyne+Capital+Management+%28UK%29+LLP

1. Carvana Co (CVNA) - 164,500 shares, 28% of the total portfolio. New Position
2. GTT Communications Inc (GTT) - 121,800 shares, 22.43% of the total portfolio. Shares added by 289.91%
3. RadNet Inc (RDNT) - 351,393 shares, 21.57% of the total portfolio. Shares added by 1.47%
4. Apollo Global Management LLC (APO) - 87,418 shares, 11.4% of the total portfolio.
5. AT&T Inc (T) - 41,000 shares, 5.39% of the total portfolio. New Position

Cheyne Capital Management (UK) LLP initiated holding in Carvana Co. The purchase prices were between $22.38 and $43.68, with an estimated average price of $30.13. The stock is now traded at around $43.89. The impact to a portfolio due to this purchase was 28%. The holding were 164,500 shares as of 2018-06-30.

Cheyne Capital Management (UK) LLP initiated holding in AT&T Inc. The purchase prices were between $31.4 and $36.14, with an estimated average price of $33.25. The stock is now traded at around $31.88. The impact to a portfolio due to this purchase was 5.39%. The holding were 41,000 shares as of 2018-06-30.

Cheyne Capital Management (UK) LLP added to a holding in GTT Communications Inc by 289.91%. The purchase prices were between $45 and $56.6, with an estimated average price of $49.8. The stock is now traded at around $44.90. The impact to a portfolio due to this purchase was 16.68%. The holding were 121,800 shares as of 2018-06-30.

Cheyne Capital Management (UK) LLP sold out a holding in Monsanto Co. The sale prices were between $116.6 and $127.95, with an estimated average price of $124.68.

Cheyne Capital Management (UK) LLP sold out a holding in Time Warner Inc. The sale prices were between $92.18 and $98.77, with an estimated average price of $95.01.

Cheyne Capital Management (UK) LLP sold out a holding in IAC/InterActiveCorp. The sale prices were between $130.63 and $164.73, with an estimated average price of $153.18.

Cheyne Capital Management (UK) LLP sold out a holding in Tribune Media Co. The sale prices were between $34.92 and $40.83, with an estimated average price of $37.94.

Cheyne Capital Management (UK) LLP sold out a holding in Rockwell Collins Inc. The sale prices were between $131.62 and $139.18, with an estimated average price of $135.25.

Cheyne Capital Management (UK) LLP sold out a holding in Discovery Inc. The sale prices were between $19.57 and $26.3, with an estimated average price of $22.33.