We are live on
!
Find out more
BCM
Brenham Capital Management Portfolio holdings
AUM
$660M
1-Year Est. Return
70.79%
This Fund
S&P 500
This Quarter
Est. Return
+10.83%
1 Year Est. Return
+70.79%
3 Year Est. Return
+234.28%
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$624M
AUM Growth
-$219M
(-26%)
Cap. Flow
-$119M
Cap. Flow
% of AUM
-19.13%
Top 10 Holdings %
Top 10 Hldgs %
91.21%
Holding
17
New
7
Increased
1
Reduced
6
Closed
3
Avg Time Held
2.5
quarters
Top 10 Avg Time Held
2.3
quarters
Top 20 Avg Time Held
2.5
quarters
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
BAS
Basis Energy Services, Inc.
BAS
|
+$176M |
| 2 |
RPC Inc
RES
|
+$48.7M |
| 3 |
CXO
CONCHO RESOURCES INC.
CXO
|
+$34M |
| 4 |
FMSA
Fairmount Santrol Holdings Inc.
FMSA
|
+$29.6M |
| 5 |
REN
Resolute Energy Corporaton
REN
|
+$28.7M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Pioneer Natural Resource Co.
PXD
|
+$102M |
| 2 |
CPE
Callon Petroleum Company
CPE
|
+$84M |
| 3 |
CLR
CONTINENTAL RESOURCES INC.
CLR
|
+$72.7M |
| 4 |
RSPP
RSP Permian, Inc.
RSPP
|
+$70.3M |
| 5 |
Newfield Exploration
NFX
|
+$43.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Energy | 76.06% |
| 2 | Materials | 23.32% |
| 3 | Miscellaneous | 0.62% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1
DELISTED
U.S. SILICA HOLDINGS, INC.
SLCA
| $108M | 17.27% |
1,900,000
-700,000
| -27% | -$34.6M |
2016 Q1
3 quarters
|
|
|
PE
2
DELISTED
PARSLEY ENERGY INC
PE
| $93.4M | 14.97% |
2,650,000
+250,000
| +10% | +$8.85M |
2015 Q2
6 quarters
|
|
3
Diamondback Energy
FANG
$54.6B
| $91M | 14.58% |
900,000
-320,000
| -26% | -$31.9M |
2014 Q4
8 quarters
|
|
|
RSPP
4
DELISTED
RSP Permian, Inc.
RSPP
| $66.9M | 10.73% |
1,500,000
-1,700,000
| -53% | -$70.3M |
2014 Q4
8 quarters
|
|
|
5
RPC Inc
RES
$1.32B
| $51.5M | 8.26% |
+2,600,000
| New | +$48.7M |
2016 Q4
0 quarters
|
|
|
FMSA
6
DELISTED
Fairmount Santrol Holdings Inc.
FMSA
| $37.7M | 6.05% |
+3,200,000
| New | +$29.6M |
2016 Q4
0 quarters
|
|
|
REN
7
DELISTED
Resolute Energy Corporaton
REN
| $37.1M | 5.94% |
+900,000
| New | +$28.7M |
2016 Q4
0 quarters
|
|
|
CXO
8
DELISTED
CONCHO RESOURCES INC.
CXO
| $33.1M | 5.32% |
+250,000
| New | +$34M |
2016 Q4
0 quarters
|
|
|
RICE
9
DELISTED
Rice Energy Inc.
RICE
| $25.6M | 4.11% |
1,200,000
-1,100,000
| -48% | -$26.2M |
2016 Q3
1 quarter
|
|
|
EGN
10
DELISTED
Energen
EGN
| $24.8M | 3.98% |
+430,000
| New | +$24.5M |
2016 Q4
0 quarters
|
|
|
BAS
11
DELISTED
Basis Energy Services, Inc.
BAS
| $23M | 3.68% |
+650,000
| New | +$176M |
2016 Q4
0 quarters
|
|
12
Permian Resources
PR
$19.6B
| $18.7M | 3% |
950,000
-450,000
| -32% | -$7.44M |
2016 Q2
2 quarters
|
|
|
CPE
13
DELISTED
Callon Petroleum Company
CPE
| $9.22M | 1.48% |
60,000
-550,000
| -90% | -$84M |
2015 Q1
7 quarters
|
|
|
CDEVW
14
DELISTED
Centennial Resource Development, Inc. Warrants Business Combination
CDEVW
| $3.88M | 0.62% |
+460,000
| New | +$2.78M |
2016 Q4
0 quarters
|
|
|
15
DELISTED
Pioneer Natural Resource Co.
PXD
| – | – |
-550,000
| Closed | -$102M | – |
|
|
CLR
16
DELISTED
CONTINENTAL RESOURCES INC.
CLR
| – | – |
-1,400,000
| Closed | -$72.7M | – |
|
|
17
DELISTED
Newfield Exploration
NFX
| – | – |
-1,000,000
| Closed | -$43.5M | – |
|
Similar funds
CCM
GCM
SE
AC
BWCA
SPC
VIA
TBC
Brenham Capital Management's Q4 2016 Portfolio in Review
As of Q4 2016, Brenham Capital Management held 17 positions worth $624M, down 26% from $843M the previous quarter. Its ten largest holdings account for 91% of the portfolio.
Brenham Capital Management withdrew a net $119M in Q4 2016, closing 3 positions and reducing 6 holdings. Its most notable exit was Pioneer Natural Resource Co., an estimated $102M position sold in full.
By sector, the portfolio is most concentrated in Energy at 76% of assets, down from 86% a quarter earlier, followed by Materials and Miscellaneous.
Against the trend, Brenham Capital Management opened a new position in Basis Energy Services, Inc. worth $23M.
- Brenham Capital Management's largest Q4 2016 buy was Basis Energy Services, Inc.: 650,000 shares worth $23M.
- Brenham Capital Management added most to PARSLEY ENERGY INC in Q4 2016, an estimated $8.85M increase.
- Brenham Capital Management's biggest Q4 2016 reduction was Callon Petroleum Company, cutting an estimated $84M.
- Brenham Capital Management fully exited Pioneer Natural Resource Co. in Q4 2016, selling an estimated $102M.
- Brenham Capital Management's ten largest holdings make up 91% of its $624M portfolio in Q4 2016.
- Brenham Capital Management opened 7 new positions and closed 3 in Q4 2016.
- Brenham Capital Management's portfolio value fell 26% quarter-over-quarter to $624M.
Based on Brenham Capital Management's 13F filing for Q4 2016, filed 14 Feb 2017.