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
+4.76%
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
$238M
AUM Growth
-$66.3M
(-22%)
Cap. Flow
-$70.3M
Cap. Flow
% of AUM
-29.59%
Top 10 Holdings %
Top 10 Hldgs %
55.29%
Holding
38
New
1
Increased
5
Reduced
22
Closed
8
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
DNR
Denbury Resources, Inc.
DNR
|
+$1.73M |
| 2 |
LKSD
LSC Communications, Inc.
LKSD
|
+$1.18M |
| 3 |
RRD
RR Donnelley & Sons Co.
RRD
|
+$216K |
| 4 |
Range Resources
RRC
|
+$191K |
| 5 |
Nabors Industries
NBR
|
+$140K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Assured Guaranty
AGO
|
+$6.65M |
| 2 |
MBIA
MBI
|
+$5.74M |
| 3 |
Murphy Oil
MUR
|
+$3.85M |
| 4 |
ConocoPhillips
COP
|
+$3.54M |
| 5 |
HTZ
Hertz Global Holdings, Inc.
HTZ
|
+$2.76M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Energy | 35.63% |
| 2 | Financials | 33.36% |
| 3 | Industrials | 10.47% |
| 4 | Materials | 5.66% |
| 5 | Technology | 5.3% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
Helmerich & Payne
HP
$3.53B
| $3.62M | 1.52% |
69,444
-13,987
| -17% | -$692K |
|
|
REN
27
DELISTED
Resolute Energy Corporaton
REN
| $3.04M | 1.28% |
102,295
-20,605
| -17% | -$612K |
|
28
PUT
Harley-Davidson
HOG
$2.68B
| $2.45M | 1.03% |
+50,800
| New | +$2.47M |
|
29
Quad
QUAD
$430M
| $2.44M | 1.03% |
107,843
-61,400
| -36% | -$1.27M |
|
|
DNR
30
CALL
DELISTED
Denbury Resources, Inc.
DNR
| $1.21M | 0.51% |
900,000
| – | – |
|
31
PUT
Campbell Soup
CPB
$6.51B
| – | – |
-110,000
| Closed | -$5.74M |
|
32
CALL
Devon Energy
DVN
$51.9B
| – | – |
-100,000
| Closed | -$3.2M |
|
33
PUT
Intuit
INTU
$81.1B
| – | – |
-50,000
| Closed | -$6.64M |
|
|
34
CALL
MBIA
MBI
$288M
| – | – |
-500,000
| Closed | -$4.71M |
|
35
PUT
NVIDIA
NVDA
$5.01T
| – | – |
-868,000
| Closed | -$3.14M |
|
36
PUT
Snap-on
SNA
$20.9B
| – | – |
-10,000
| Closed | -$1.58M |
|
|
SPR
37
PUT
DELISTED
Spirit AeroSystems
SPR
| – | – |
-60,000
| Closed | -$3.48M |
|
|
SRCL
38
PUT
DELISTED
Stericycle Inc
SRCL
| – | – |
-18,000
| Closed | -$1.37M |
|
Similar funds
BCM
DVI
BM
ABP
RG
CBNLCF
ZCM
WCM
Elm Ridge Management's Q3 2017 Portfolio in Review
As of Q3 2017, Elm Ridge Management held 38 positions worth $238M, down 22% from $304M the previous quarter. Its ten largest holdings account for 55% of the portfolio.
Elm Ridge Management withdrew a net $70.3M in Q3 2017, closing 8 positions and reducing 22 holdings. Its largest reduction was Assured Guaranty, cutting an estimated $6.65M.
By sector, the portfolio is most concentrated in Energy at 36% of assets, up from 32% a quarter earlier, followed by Financials and Industrials.
Against the trend, Elm Ridge Management added an estimated $1.73M to Denbury Resources, Inc..
- Elm Ridge Management added most to Denbury Resources, Inc. in Q3 2017, an estimated $1.73M increase.
- Elm Ridge Management's biggest Q3 2017 reduction was Assured Guaranty, cutting an estimated $6.65M.
- Elm Ridge Management's ten largest holdings make up 55% of its $238M portfolio in Q3 2017.
- Elm Ridge Management opened 1 new position and closed 8 in Q3 2017.
- Elm Ridge Management's portfolio value fell 22% quarter-over-quarter to $238M.
Based on Elm Ridge Management's 13F filing for Q3 2017, filed 14 Nov 2017.