We are live on
!
Find out more
BC
Bocage Capital Portfolio holdings
AUM
$185M
1-Year Est. Return
61.49%
This Fund
S&P 500
This Quarter
Est. Return
+14.08%
1 Year Est. Return
+61.49%
3 Year Est. Return
+25.28%
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$144M
AUM Growth
-$44.7M
(-24%)
Cap. Flow
-$60.8M
Cap. Flow
% of AUM
-42.37%
Top 10 Holdings %
Top 10 Hldgs %
96.89%
Holding
15
New
2
Increased
2
Reduced
7
Closed
4
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
CTRA
Coterra Energy
CTRA
|
+$10.1M |
| 2 |
Sibanye-Stillwater
SBSW
|
+$10.1M |
| 3 |
Marathon Petroleum
MPC
|
+$8.64M |
| 4 |
NRG Energy
NRG
|
+$8.25M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
APC
Anadarko Petroleum
APC
|
+$30.2M |
| 2 |
Eastman Chemical
EMN
|
+$12.9M |
| 3 |
HF Sinclair
DINO
|
+$11.4M |
| 4 |
CF Industries
CF
|
+$9.71M |
| 5 |
Gerdau
GGB
|
+$7.24M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Materials | 44.61% |
| 2 | Energy | 37.54% |
| 3 | Consumer Discretionary | 11.95% |
| 4 | Utilities | 5.9% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
CF Industries
CF
$18.7B
| $31.1M | 21.69% |
668,165
-222,045
| -25% | -$9.71M |
|
|
2
Marathon Petroleum
MPC
$91.3B
| $25.9M | 18.01% |
563,920
+224,696
| +66% | +$8.64M |
|
3
LyondellBasell Industries
LYB
$19.1B
| $16.4M | 11.41% |
204,133
-66,165
| -24% | -$5.07M |
|
|
RKT
4
DELISTED
ROCK-TENN COMPANY CL-A
RKT
| $12.7M | 8.85% |
241,954
-107,762
| -31% | -$5.43M |
|
|
CTRA
5
DELISTED
Coterra Energy
CTRA
| $11M | 7.65% |
+283,381
| New | +$10.1M |
|
|
6
Sibanye-Stillwater
SBSW
$5.66B
| $10M | 6.99% |
2,214,747
+2,057,611
| +1,309% | +$10.1M |
|
7
Gran Tierra Energy
GTE
$233M
| $8.74M | 6.09% |
119,566
-35,401
| -23% | -$2.59M |
|
|
8
NRG Energy
NRG
$27.2B
| $8.47M | 5.9% |
+295,043
| New | +$8.25M |
|
|
ANDV
9
DELISTED
Andeavor
ANDV
| $8.32M | 5.79% |
142,153
-107,295
| -43% | -$5.58M |
|
|
10
Eastman Chemical
EMN
$7.84B
| $6.49M | 4.52% |
80,455
-166,568
| -67% | -$12.9M |
|
11
Graphic Packaging
GPK
$3.2B
| $4.46M | 3.11% |
464,791
-819,222
| -64% | -$7.17M |
|
|
12
HF Sinclair
DINO
$16B
| – | – |
-270,400
| Closed | -$11.4M |
|
|
13
Gerdau
GGB
$9.27B
| – | – |
-1,223,253
| Closed | -$7.24M |
|
14
iShares Silver Trust
SLV
$27.1B
| – | – |
-30,452
| Closed | -$636K |
|
|
APC
15
DELISTED
Anadarko Petroleum
APC
| – | – |
-324,328
| Closed | -$30.2M |
|
Similar funds
EEG
SRP
SA
SIG
CF
WSA
VWM
HH
Bocage Capital's Q4 2013 Portfolio in Review
As of Q4 2013, Bocage Capital held 15 positions worth $144M, down 24% from $188M the previous quarter. Its ten largest holdings account for 97% of the portfolio.
Bocage Capital withdrew a net $60.8M in Q4 2013, closing 4 positions and reducing 7 holdings. Its most notable exit was Anadarko Petroleum, an estimated $30.2M position sold in full.
By sector, the portfolio is most concentrated in Materials at 45% of assets, down from 45% a quarter earlier, followed by Energy and Consumer Discretionary.
Against the trend, Bocage Capital opened a new position in Coterra Energy worth $11M.
- Bocage Capital's largest Q4 2013 buy was Coterra Energy: 283,381 shares worth $11M.
- Bocage Capital added most to Sibanye-Stillwater in Q4 2013, an estimated $10.1M increase.
- Bocage Capital's biggest Q4 2013 reduction was Eastman Chemical, cutting an estimated $12.9M.
- Bocage Capital fully exited Anadarko Petroleum in Q4 2013, selling an estimated $30.2M.
- Bocage Capital's ten largest holdings make up 97% of its $144M portfolio in Q4 2013.
- Bocage Capital opened 2 new positions and closed 4 in Q4 2013.
- Bocage Capital's portfolio value fell 24% quarter-over-quarter to $144M.
Based on Bocage Capital's 13F filing for Q4 2013, filed 14 Feb 2014.