0001752724-23-192747.txt : 20230828 0001752724-23-192747.hdr.sgml : 20230828 20230828101809 ACCESSION NUMBER: 0001752724-23-192747 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20230630 FILED AS OF DATE: 20230828 DATE AS OF CHANGE: 20230828 PERIOD START: 20240331 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CROSS SHORE DISCOVERY FUND CENTRAL INDEX KEY: 0001609706 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: NPORT-P SEC ACT: 1940 Act SEC FILE NUMBER: 811-22976 FILM NUMBER: 231211264 BUSINESS ADDRESS: STREET 1: ULTIMUS FUND SOLUTIONS, LLC STREET 2: 225 PICTORIA DRIVE, SUITE 450 CITY: CINCINNATI STATE: OH ZIP: 45246 BUSINESS PHONE: 513-587-3400 MAIL ADDRESS: STREET 1: ULTIMUS FUND SOLUTIONS, LLC STREET 2: 225 PICTORIA DRIVE, SUITE 450 CITY: CINCINNATI STATE: OH ZIP: 45246 FORMER COMPANY: FORMER CONFORMED NAME: Cross Shore Discovery Fund DATE OF NAME CHANGE: 20140602 NPORT-P 1 primary_doc.xml NPORT-P false 0001609706 XXXXXXXX Cross Shore Discovery Fund 811-22976 0001609706 549300FIOYAHZ5RDKV81 225 Pictoria Drive Suite 450 Cincinnati 45246 513-587-3400 Cross Shore Discovery Fund 549300FIOYAHZ5RDKV81 2024-03-31 2023-06-30 N 32273418.37 75807.04 32197611.33 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 18966.00 N N/A N/A Thames Absolute Return Offshore Fund Ltd. Class B2 - Series 1 N/A 1468.16000000 NS USD 1861054.68000000 5.780101700482 Long PF KY Y N/A N N N N/A N/A Biomedical Offshore Value Fund, Ltd. Class I Series 200199-1 Unrestricted N/A 1939.17000000 NS USD 3218803.00000000 9.997024210926 Long PF KY Y N/A N N N N/A N/A TCIM Offshore Fund Ltd. Class A-33-1219 N/A 1756.89000000 NS USD 2536633.05000000 7.878326823693 Long PF KY Y N/A N N N N/A N/A Federated Hermes Institutional Prime Obligations Fund N/A 2810322.46000000 PA USD 2810603.50000000 8.729229852468 Long STIV RF US N 1 N N N N/A N/A EVR Offshore Partner Fund, Ltd. Class B, Series 1121 N/A 1750.00000000 NS USD 1774346.29000000 5.510801008852 Long PF KY Y N/A N N N N/A N/A Hill City Capital Offshore Fund Ltd. Class A, Sub Series Common 14 N/A 1754.40000000 NS USD 2051328.55000000 6.371058178743 Long PF KY Y N/A N N N N/A N/A Atika Offshore Fund Ltd. Class A Subclass 1 Series I000157582 N/A 428.91000000 NS USD 1480295.58000000 4.597532297747 Long PF KY Y N/A N N N N/A N/A Armistice Capital Offshore Fund Ltd Class A Series 2019-04B N/A 17.03000000 NS USD 1889.67000000 0.005868975746 Long PF KY Y N/A N N N N/A N/A Wolf Hill Offshore Fund, Ltd. Class A OS NR, Series019Aug2020 N/A 783.67000000 NS USD 1685933.00000000 5.236205203921 Long PF KY Y N/A N N N N/A N/A Avoro Life Sciences Offshore Fund Ltd. Class A1-Lead Opt Out N/A 198.66000000 NS USD 3875043.00000000 12.03518782894 Long PF KY Y N/A N N N N/A N/A BHZ Consolidation Cayman Fund, LP Class C N/A 4.00000000 NS USD 1950765.75000000 6.058728177088 Long PF KY Y N/A N N N N/A N/A Armistice Capital Offshore Fund Ltd Class A2 Series 2015-09B N/A 6.69000000 NS USD 984.28000000 0.003056996961 Long PF KY Y N/A N N N N/A N/A Armistice Capital Offshore Fund Ltd Class A2 Series 2013-08B N/A 5.06000000 NS USD 745.31000000 0.002314799046 Long PF KY Y N/A N N N N/A N/A Hawk Ridge Partners Offshore Ltd. Class A Initial Series N/A 1397.45000000 NS USD 2813807.00000000 8.739179348308 Long PF KY Y N/A N N N N/A N/A Encompass Capital Fund Offshore Ltd. Class A Sub-Class 2 - Series One N/A 890.24000000 NS USD 3461917.00000000 10.75209264599 Long PF KY Y N/A N N N N/A N/A Atreides Foundation Fund Ltd. Class Founders Sub-Class F-2 Series I000157582 N/A 1585.52000000 NS USD 2657281.74000000 8.253039993448 Long PF KY Y N/A N N N 2023-06-30 Cross Shore Discovery Fund Gregory Knoth Gregory Knoth SVP, Mutual Fund Controller XXXX NPORT-EX 2 crossshorenport.htm NPORT EX
Cross Shore Discovery Fund                          
Schedule of Investments (Unaudited)                          
June 30, 2023                          
                           
Portfolio Funds*   % of Net Assets   Cost(1)   Fair Value   Initial Acquisition Date  

Redemption

Frequency(2)

  

Next Available Redemption

Date

  
                           
Long/Short Generalist:                          
Atika Offshore Fund, Ltd., Class A, Series 1   4.6%    $      677,447    $      1,480,296   1/2/2015   Quarterly   9/30/2023  
                           
EVR Offshore Partners Fund, Ltd., Class B, Series 1121   5.5%         1,750,000            1,774,346   11/1/2021   Quarterly   9/30/2023 (3)
                           
Hawk Ridge Partners Offshore, Ltd., Class A, Initial Series   8.7%         1,600,000            2,813,807   2/1/2018   Quarterly   9/30/2023  
                           
Hill City Capital Offshore Fund Ltd., Class A, Series 14   6.4%         1,750,000            2,051,329   11/1/2021   Quarterly   9/30/2023 (3)
                           
TCIM Offshore Fund Ltd., Class A-33, Series 2019-12   7.9%         1,756,890            2,536,633   12/1/2019   Monthly   7/31/2023  
                           
Thames Absolute Return Offshore Fund, Ltd., Class B-2, Series 1   5.8%         1,550,000            1,861,055   11/1/2017   Quarterly   9/30/2023  
                           
Wolf Hill Offshore Fund, Ltd., Class A-OS, Series 2020-08   5.2%         1,300,000            1,685,933   7/1/2021   Quarterly   9/30/2023  
                           
Total Long/Short Generalist   44.1%       10,384,337          14,203,399              
                           
Long/Short Sector:                          
Energy                          
Encompass Capital Fund Offshore Ltd., Class A, Series 1   10.8%         1,803,039            3,461,916   1/1/2020   Quarterly   9/30/2023  
                           
Healthcare, Biotechnology                          
Avoro Life Sciences Offshore Fund Ltd., Class A-1   12.0%         1,069,545            3,875,042   5/1/2017   Quarterly   9/30/2023  
Biomedical Offshore Value Fund, Ltd., Class I, Series 200199-1   10.0%         2,100,000            3,218,803   1/1/2019   Quarterly   9/30/2023  
                           
Total Healthcare, Biotechnology    22.0%         3,169,545            7,093,845              
                           
Healthcare, Consumer                          
Armistice Capital Offshore Fund Ltd., Class A, Series 2019-04B   0.0% (5)            17,040                   1,890   4/1/2019   N/A   (4)  
Armistice Capital Offshore Fund Ltd., Class A, Series 2015-09B   0.0% (5)              4,503                      984   9/1/2015   N/A   (4)  
Armistice Capital Offshore Fund Ltd., Class A, Series 2013-08B   0.0% (5)              3,108                      745   1/2/2015   N/A   (4)  
     Total Healthcare, Consumer   0.0% (5)            24,651                   3,619              
                           
Technology, Media and Telecommunications                          
Atreides Foundation Fund, Ltd., Founders Class, Series F-2   8.3%         1,585,524            2,657,282   5/15/2019   Quarterly   9/30/2023 (3)
                           
Total Long/Short Sector   41.1%         6,582,759          13,216,662              
                           
Total Investments In Portfolio Funds   85.2%    $ 16,967,096    $    27,420,061              
 
 
Cross Shore Discovery Fund                          
Schedule of Investments (Unaudited)                          
June 30, 2023                          
                           
Money Market Funds  

% of

Net Assets

   Cost   Fair Value   Shares        
                         
Federated Hermes Institutional Prime Obligations Fund,                        
     Institutional Class, 5.19%(6)   8.7%    $   2,810,761    $      2,810,604   2,810,322        
                         
Total Investments   93.9%    $ 19,777,857    $    30,230,665            
                         
Other Assets in Excess of Liabilities   6.1%        $      1,966,946            
                         
Net Assets   100.0%        $    32,197,611            
                         
* Non-income producing security.                        
(1) There were no unfunded capital commitments as of June 30, 2023.                        
(2) Certain redemptions may be subject to various restrictions and limitations such as redemption penalties on investments liquidated within a certain period subsequent to investment (e.g., a soft or hard lock-up), investor-level gates and/or Portfolio Fund-level gates. Redemption notice periods range from 30 to 120 days. 
(3) Subject to 25% investor level quarterly gate.                        
(4) Redemptions are not permitted until the underlying special investments are sold/liquidated.                
(5) Amount is less than 0.05%.                        
(6) Rate disclosed is the seven day effective yield as of June 30, 2023.