We are live on
!
Find out more
ERM
Elm Ridge Management Portfolio holdings
AUM
$88.8M
1-Year Est. Return
18.88%
This Fund
S&P 500
This Quarter
Est. Return
-4.94%
1 Year Est. Return
+18.88%
3 Year Est. Return
+93.64%
5 Year Est. Return
+193.58%
10 Year Est. Return
+285.91%
AUM
$304M
AUM Growth
-$101M
(-25%)
Cap. Flow
-$75.9M
Cap. Flow
% of AUM
-24.98%
Top 10 Holdings %
Top 10 Hldgs %
51.58%
Holding
38
New
4
Increased
4
Reduced
22
Closed
1
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
HTZ
Hertz Global Holdings, Inc.
HTZ
|
+$2.28M |
| 2 |
MBIA
MBI
|
+$1.55M |
| 3 |
Patterson-UTI
PTEN
|
+$972K |
| 4 |
Devon Energy
DVN
|
+$955K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Micron Technology
MU
|
+$4.23M |
| 2 |
ConocoPhillips
COP
|
+$3.08M |
| 3 |
Upbound Group
UPBD
|
+$2.13M |
| 4 |
Quad
QUAD
|
+$1.66M |
| 5 |
LKSD
LSC Communications, Inc.
LKSD
|
+$1.48M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 33.53% |
| 2 | Energy | 31.56% |
| 3 | Industrials | 8.59% |
| 4 | Technology | 4.65% |
| 5 | Materials | 3.73% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
SWN
26
DELISTED
Southwestern Energy Company
SWN
| $4.81M | 1.58% |
791,670
-31,138
| -4% | -$215K |
|
|
27
CALL
MBIA
MBI
$288M
| $4.71M | 1.55% |
500,000
| – | – |
|
28
Helmerich & Payne
HP
$3.53B
| $4.53M | 1.49% |
83,431
-3,281
| -4% | -$192K |
|
|
29
Quad
QUAD
$430M
| $3.88M | 1.28% |
169,243
-69,678
| -29% | -$1.66M |
|
|
REN
30
DELISTED
Resolute Energy Corporaton
REN
| $3.66M | 1.2% |
122,900
-4,834
| -4% | -$185K |
|
31
PUT
Rollins
ROL
$18.6B
| $3.62M | 1.19% |
+200,250
| New | +$3.59M |
|
|
SPR
32
PUT
DELISTED
Spirit AeroSystems
SPR
| $3.48M | 1.14% |
+60,000
| New | +$3.37M |
|
|
33
CALL
Devon Energy
DVN
$51.9B
| $3.2M | 1.05% |
100,000
| – | – |
|
34
PUT
NVIDIA
NVDA
$5.01T
| $3.14M | 1.03% |
+868,000
| New | +$2.76M |
|
35
PUT
Snap-on
SNA
$20.9B
| $1.58M | 0.52% |
10,000
| – | – |
|
|
DNR
36
CALL
DELISTED
Denbury Resources, Inc.
DNR
| $1.38M | 0.45% |
900,000
| – | – |
|
|
SRCL
37
PUT
DELISTED
Stericycle Inc
SRCL
| $1.37M | 0.45% |
18,000
| – | – |
|
38
PUT
iShares Russell 2000 ETF
IWM
$80.9B
| – | – |
-570,000
| Closed | -$78.4M |
|
Similar funds
BCM
DVI
BM
ABP
RG
CBNLCF
ZCM
WCM
Elm Ridge Management's Q2 2017 Portfolio in Review
As of Q2 2017, Elm Ridge Management held 38 positions worth $304M, down 25% from $405M the previous quarter. Its ten largest holdings account for 52% of the portfolio.
Elm Ridge Management withdrew a net $75.9M in Q2 2017, closing 1 position and reducing 22 holdings. Its largest reduction was Micron Technology, cutting an estimated $4.23M.
By sector, the portfolio is most concentrated in Financials at 34% of assets, up from 23% a quarter earlier, followed by Energy and Industrials.
Against the trend, Elm Ridge Management added an estimated $2.28M to Hertz Global Holdings, Inc..
- Elm Ridge Management added most to Hertz Global Holdings, Inc. in Q2 2017, an estimated $2.28M increase.
- Elm Ridge Management's biggest Q2 2017 reduction was Micron Technology, cutting an estimated $4.23M.
- Elm Ridge Management's ten largest holdings make up 52% of its $304M portfolio in Q2 2017.
- Elm Ridge Management opened 4 new positions and closed 1 in Q2 2017.
- Elm Ridge Management's portfolio value fell 25% quarter-over-quarter to $304M.
Based on Elm Ridge Management's 13F filing for Q2 2017, filed 14 Aug 2017.