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
+12.85%
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
$69.7M
AUM Growth
+$5.93M
Cap. Flow
+$3.8M
Cap. Flow %
5.46%
Top 10 Hldgs %
52.79%
Holding
32
New
5
Increased
9
Reduced
8
Closed
1

Top Buys

Rank Stock Value
1
MGY icon
Magnolia Oil & Gas
MGY
+$2.28M
2
DVN icon
Devon Energy
DVN
+$2.06M
3
ARCB icon
ArcBest
ARCB
+$975K
4
LYB icon
LyondellBasell Industries
LYB
+$747K
5
COP icon
ConocoPhillips
COP
+$716K

Top Sells

Rank Stock Value
1
UFS
DOMTAR CORPORATION (New)
UFS
+$2.78M
2
HMHC
Houghton Mifflin Harcourt Company
HMHC
+$1.68M
3
BPOP icon
Popular Inc
BPOP
+$1.23M
4
FDX icon
FedEx
FDX
+$1.14M
5
CNQ icon
Canadian Natural Resources
CNQ
+$1.11M

Sector Composition

Rank Sector Weight
1 Energy 41.74%
2 Materials 18.75%
3 Consumer Discretionary 13.42%
4 Industrials 12.87%
5 Financials 10.37%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
NBR icon
26
Nabors Industries
NBR
$1.23B
$1.02M 1.47%
8,937
– –
ARCB icon
27
ArcBest
ARCB
$3.44B
$792K 1.14%
+13,619
New +$975K
HMHC
28
DELISTED
Houghton Mifflin Harcourt Company
HMHC
$511K 0.73%
46,263
-178,229
-79% -$1.68M
MBI icon
29
CALL
MBIA
MBI
$288M
$274K 0.39%
+150,000
New +$1.49M
ARKK icon
30
PUT
ARK Innovation ETF
ARKK
$5.69B
$85K 0.12%
28,900
+9,100
+46% +$1.06M
AMD icon
31
PUT
Advanced Micro Devices
AMD
$851B
$40K 0.06%
+21,800
New +$1.76M
UFS
32
DELISTED
DOMTAR CORPORATION (New)
UFS
– –
-75,132
Closed -$2.78M
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 Q2 2021 Portfolio in Review

As of Q2 2021, Elm Ridge Management held 32 positions worth $69.7M, up 9.3% from $63.8M the previous quarter. Its ten largest holdings account for 53% of the portfolio.

Elm Ridge Management deployed $3.8M of net new capital in Q2 2021, opening 5 new positions and adding to 9 existing holdings. Its largest new stake was Magnolia Oil & Gas: 177,164 shares worth $2.77M.

By sector, the portfolio is most concentrated in Energy at 42% of assets, up from 30% a quarter earlier, followed by Materials and Consumer Discretionary.

On the sell side, the largest reduction was Houghton Mifflin Harcourt Company, an estimated $1.68M trimmed.

  • Elm Ridge Management's largest Q2 2021 buy was Magnolia Oil & Gas: 177,164 shares worth $2.77M.
  • Elm Ridge Management added most to LyondellBasell Industries in Q2 2021, an estimated $747K increase.
  • Elm Ridge Management's biggest Q2 2021 reduction was Houghton Mifflin Harcourt Company, cutting an estimated $1.68M.
  • Elm Ridge Management fully exited DOMTAR CORPORATION (New) in Q2 2021, selling an estimated $2.78M.
  • Elm Ridge Management's ten largest holdings make up 53% of its $69.7M portfolio in Q2 2021.
  • Elm Ridge Management opened 5 new positions and closed 1 in Q2 2021.
  • Elm Ridge Management's portfolio value rose 9.3% quarter-over-quarter to $69.7M.

Based on Elm Ridge Management's 13F filing for Q2 2021, filed 16 Aug 2021.