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
-8.45%
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
$107M
AUM Growth
-$17M
Cap. Flow
-$2.27M
Cap. Flow %
-2.12%
Top 10 Hldgs %
56.56%
Holding
30
New
1
Increased
9
Reduced
17
Closed
3

Top Buys

Rank Stock Value
1
KOS icon
Kosmos Energy
KOS
+$4.88M
2
HTZ
Hertz Global Holdings, Inc.
HTZ
+$2.85M
3
CRC
California Resources Corporation
CRC
+$2.31M
4
COP icon
ConocoPhillips
COP
+$1.45M
5
LYB icon
LyondellBasell Industries
LYB
+$512K

Top Sells

Rank Stock Value
1
APA icon
APA Corp
APA
+$2.61M
2
DVN icon
Devon Energy
DVN
+$2.53M
3
FTSI
FTS International, Inc. Common Stock
FTSI
+$2.17M
4
MGY icon
Magnolia Oil & Gas
MGY
+$1.78M
5
BHF icon
Brighthouse Financial
BHF
+$1.32M

Sector Composition

Rank Sector Weight
1 Energy 40.98%
2 Financials 23.7%
3 Industrials 16.95%
4 Materials 10.11%
5 Consumer Discretionary 7.01%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
RRC icon
26
Range Resources
RRC
$9.11B
$1.07M 1%
279,303
-6,855
-2% -$32.9K
RRD
27
DELISTED
RR Donnelley & Sons Co.
RRD
$978K 0.91%
259,406
-6,368
-2% -$15.1K
CENX icon
28
Century Aluminum
CENX
$4.57B
– –
-191,407
Closed -$1.32M
FTSI
29
DELISTED
FTS International, Inc. Common Stock
FTSI
– –
-19,477
Closed -$2.17M
HTZ.RT
30
DELISTED
Hertz Global Holdings
HTZ.RT
– –
-145,527
Closed -$284K
1
2

Similar funds

BCM
BHZ Capital Management San Jose, California $88M AUM 9.79% 1-Year Est. Return
DVI
Deccan Value Investors Greenwich, Connecticut $84.6M AUM 57.32% 1-Year Est. Return
BM
Baymount Management Miami, Florida $96.1M AUM
ABP
Arthur B. Page $97.2M AUM 25.76% 1-Year Est. Return
RG
Richelieu Gestion Paris, France $97.3M AUM 22.95% 1-Year Est. Return
CBNLCF
Cognios Beta Neutral Large Cap Fund Prairie Village, Kansas $76.7M AUM 17.2% 1-Year Est. Return
ZCM
Zenyatta Capital Management Dover, Delaware $74.4M AUM 23.36% 1-Year Est. Return
WCM
W Capital Management New York $104M AUM 22.9% 1-Year Est. Return

Elm Ridge Management's Q3 2019 Portfolio in Review

As of Q3 2019, Elm Ridge Management held 30 positions worth $107M, down 14% from $124M the previous quarter. Its ten largest holdings account for 57% of the portfolio.

Elm Ridge Management's Q3 2019 filing shows 1 new, 9 increased, 17 reduced and 3 closed positions. Its largest new stake was Kosmos Energy: 795,117 shares worth $4.96M. The largest sale was APA Corp, an estimated $2.61M.

By sector, the portfolio is most concentrated in Energy at 41% of assets, down from 45% a quarter earlier, followed by Financials and Industrials.

  • Elm Ridge Management's largest Q3 2019 buy was Kosmos Energy: 795,117 shares worth $4.96M.
  • Elm Ridge Management added most to Hertz Global Holdings, Inc. in Q3 2019, an estimated $2.85M increase.
  • Elm Ridge Management's biggest Q3 2019 reduction was APA Corp, cutting an estimated $2.61M.
  • Elm Ridge Management fully exited FTS International, Inc. Common Stock in Q3 2019, selling an estimated $2.17M.
  • Elm Ridge Management's ten largest holdings make up 57% of its $107M portfolio in Q3 2019.
  • Elm Ridge Management opened 1 new position and closed 3 in Q3 2019.
  • Elm Ridge Management's portfolio value fell 14% quarter-over-quarter to $107M.

Based on Elm Ridge Management's 13F filing for Q3 2019, filed 14 Nov 2019.