Amber Capital Management Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
ENIA
Enel Amricas S.A. American Depositary Shares (Each representing 50 shares of Common Stock)
ENIA
|
+$23M |
| 2 |
TWC
TIME WARNER CABLE INC NEW COM STK
TWC
|
+$9.27M |
| 3 |
TIM SA
TIMB
|
+$1.78M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
TLM
TALISMAN ENERGY INC
TLM
|
+$27.2M |
| 2 |
BGC
General Cable Corporation
BGC
|
+$6.05M |
| 3 |
Gran Tierra Energy
GTE
|
+$4.17M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Energy | 52.99% |
| 2 | Utilities | 23.07% |
| 3 | Communication Services | 12.79% |
| 4 | Technology | 0% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Gran Tierra Energy
GTE
$236M
| $48.9M | 52.99% |
1,640,605
-127,579
| -7% | -$4.17M |
|
|
ENIA
2
DELISTED
Enel Amricas S.A. American Depositary Shares (Each representing 50 shares of Common Stock)
ENIA
| $21.3M | 23.07% |
+2,492,703
| New | +$23M |
|
3
PUT
State Street SPDR S&P 500 ETF Trust
SPY
$771B
| $10.3M | 11.16% |
50,000
-220,000
| -81% | -$46.3M |
|
|
TWC
4
DELISTED
TIME WARNER CABLE INC NEW COM STK
TWC
| $9.97M | 10.81% |
+55,964
| New | +$9.27M |
|
|
5
TIM SA
TIMB
$9.1B
| $1.83M | 1.98% |
+111,702
| New | +$1.78M |
|
6
PUT
iShares Russell 2000 ETF
IWM
$79.1B
| – | – |
-310,000
| Closed | -$38.6M |
|
|
BGC
7
DELISTED
General Cable Corporation
BGC
| – | – |
-351,028
| Closed | -$6.05M |
|
|
TLM
8
DELISTED
TALISMAN ENERGY INC
TLM
| – | – |
-3,539,800
| Closed | -$27.2M |
|
Similar funds
Amber Capital Management's Q2 2015 Portfolio in Review
As of Q2 2015, Amber Capital Management held 8 positions worth $92.3M, down 48% from $176M the previous quarter. Its ten largest holdings account for 100% of the portfolio.
Amber Capital Management withdrew a net $88.2M in Q2 2015, closing 3 positions and reducing 2 holdings. Its most notable exit was TALISMAN ENERGY INC, an estimated $27.2M position sold in full.
By sector, the portfolio is most concentrated in Energy at 53% of assets, up from 43% a quarter earlier, followed by Utilities and Communication Services.
Against the trend, Amber Capital Management opened a new position in Enel Amricas S.A. American Depositary Shares (Each representing 50 shares of Common Stock) worth $21.3M.
- Amber Capital Management's largest Q2 2015 buy was Enel Amricas S.A. American Depositary Shares (Each representing 50 shares of Common Stock): 2,492,703 shares worth $21.3M.
- Amber Capital Management's biggest Q2 2015 reduction was Gran Tierra Energy, cutting an estimated $4.17M.
- Amber Capital Management fully exited TALISMAN ENERGY INC in Q2 2015, selling an estimated $27.2M.
- Amber Capital Management's ten largest holdings make up 100% of its $92.3M portfolio in Q2 2015.
- Amber Capital Management opened 3 new positions and closed 3 in Q2 2015.
- Amber Capital Management's portfolio value fell 48% quarter-over-quarter to $92.3M.
Based on Amber Capital Management's 13F filing for Q2 2015, filed 14 Aug 2015.