Elm Ridge Management Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
General Motors
GM
|
+$2.92M |
| 2 |
ArcelorMittal
MT
|
+$2.6M |
| 3 |
YELL
Yellow Corporation Common Stock
YELL
|
+$2.36M |
| 4 |
Lear
LEA
|
+$2.07M |
| 5 |
Alcoa
AA
|
+$2.03M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
California Resources
CRC
|
+$2.51M |
| 2 |
NEX
NexTier Oilfield Solutions Inc.
NEX
|
+$1.65M |
| 3 |
Chemours
CC
|
+$1.23M |
| 4 |
EQT Corp
EQT
|
+$1.12M |
| 5 |
Magnolia Oil & Gas
MGY
|
+$509K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Energy | 42.89% |
| 2 | Materials | 23.97% |
| 3 | Consumer Discretionary | 15.59% |
| 4 | Industrials | 10.55% |
| 5 | Financials | 5.4% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
Nabors Industries
NBR
$1.23B
| $1.5M | 1.64% |
11,188
| – | – |
|
27
PUT
Invesco QQQ Trust
QQQ
$450B
| $676K | 0.74% |
+25,500
| New | +$7.91M |
|
28
PUT
Amazon
AMZN
$2.5T
| $572K | 0.63% |
+10,000
| New | +$1.25M |
|
29
PUT
Boeing
BA
$165B
| $208K | 0.23% |
+6,000
| New | +$885K |
|
30
PUT
ARK Innovation ETF
ARKK
$5.69B
| – | – |
-40,000
| Closed | -$286K |
|
|
31
California Resources
CRC
$4.75B
| – | – |
-56,020
| Closed | -$2.51M |
|
32
PUT
iShares Russell 1000 Growth ETF
IWF
$122B
| – | – |
-46,000
| Closed | -$35K |
|
Similar funds
Elm Ridge Management's Q2 2022 Portfolio in Review
As of Q2 2022, Elm Ridge Management held 32 positions worth $91.2M, down 5% from $96M the previous quarter. Its ten largest holdings account for 50% of the portfolio.
Elm Ridge Management deployed $22.3M of net new capital in Q2 2022, opening 4 new positions and adding to 16 existing holdings. Its largest new stake was General Motors: 77,732 shares worth $2.47M.
By sector, the portfolio is most concentrated in Energy at 43% of assets, down from 47% a quarter earlier, followed by Materials and Consumer Discretionary.
On the sell side, the largest reduction was NexTier Oilfield Solutions Inc., an estimated $1.65M trimmed.
- Elm Ridge Management's largest Q2 2022 buy was General Motors: 77,732 shares worth $2.47M.
- Elm Ridge Management added most to ArcelorMittal in Q2 2022, an estimated $2.6M increase.
- Elm Ridge Management's biggest Q2 2022 reduction was NexTier Oilfield Solutions Inc., cutting an estimated $1.65M.
- Elm Ridge Management fully exited California Resources in Q2 2022, selling an estimated $2.51M.
- Elm Ridge Management's ten largest holdings make up 50% of its $91.2M portfolio in Q2 2022.
- Elm Ridge Management opened 4 new positions and closed 3 in Q2 2022.
- Elm Ridge Management's portfolio value fell 5% quarter-over-quarter to $91.2M.
Based on Elm Ridge Management's 13F filing for Q2 2022, filed 15 Aug 2022.