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
+14.35%
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
$466M
AUM Growth
+$42M
(+9.9%)
Cap. Flow
-$6.07M
Cap. Flow
% of AUM
-1.3%
Top 10 Holdings %
Top 10 Hldgs %
60.3%
Holding
35
New
5
Increased
7
Reduced
9
Closed
3
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
RRD
RR Donnelley & Sons Co.
RRD
|
+$11.8M |
| 2 |
LKSD
LSC Communications, Inc.
LKSD
|
+$10.3M |
| 3 |
ConocoPhillips
COP
|
+$6.49M |
| 4 |
Donnelley Financial Solutions
DFIN
|
+$4.95M |
| 5 |
HTZ
Hertz Global Holdings, Inc.
HTZ
|
+$3.37M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
DNY
DONNELLEY R R & SONS CO
DNY
|
+$13.1M |
| 2 |
Patterson-UTI
PTEN
|
+$5.18M |
| 3 |
Quad
QUAD
|
+$5.02M |
| 4 |
Helmerich & Payne
HP
|
+$3.17M |
| 5 |
Citigroup
C
|
+$3.11M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Energy | 30.68% |
| 2 | Financials | 25.3% |
| 3 | Industrials | 8.43% |
| 4 | Technology | 5.24% |
| 5 | Materials | 2.02% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
PUT
iShares Russell 2000 ETF
IWM
$80.9B
| $99.1M | 21.26% |
735,000
-39,200
| -5% | -$5.01M |
|
2
MBIA
MBI
$288M
| $35.5M | 7.63% |
3,321,971
| – | – |
|
3
Assured Guaranty
AGO
$3.78B
| $27.1M | 5.82% |
718,491
| – | – |
|
4
APA Corp
APA
$12.8B
| $21.7M | 4.66% |
342,115
| – | – |
|
|
CRC
5
DELISTED
California Resources Corporation
CRC
| $20.6M | 4.42% |
966,841
+217,800
| +29% | +$3.19M |
|
6
Murphy Oil
MUR
$5.58B
| $18M | 3.87% |
579,568
| – | – |
|
|
7
Patterson-UTI
PTEN
$3.87B
| $17.2M | 3.68% |
637,522
-209,800
| -25% | -$5.18M |
|
|
8
CALL
APA Corp
APA
$12.8B
| $14.8M | 3.18% |
233,200
| – | – |
|
9
Devon Energy
DVN
$51.9B
| $13.8M | 2.96% |
302,156
| – | – |
|
10
Bank of America
BAC
$435B
| $13.2M | 2.83% |
597,235
-158,900
| -21% | -$3.06M |
|
|
11
Citigroup
C
$222B
| $13.1M | 2.81% |
220,551
-57,700
| -21% | -$3.11M |
|
12
American International
AIG
$41.9B
| $13M | 2.78% |
198,352
| – | – |
|
|
LKSD
13
DELISTED
LSC Communications, Inc.
LKSD
| $12.9M | 2.77% |
+435,300
| New | +$10.3M |
|
14
Nabors Industries
NBR
$1.23B
| $10.8M | 2.32% |
13,174
| – | – |
|
|
RRD
15
DELISTED
RR Donnelley & Sons Co.
RRD
| $10.7M | 2.3% |
+656,036
| New | +$11.8M |
|
16
Range Resources
RRC
$9.11B
| $10.5M | 2.24% |
304,300
+43,507
| +17% | +$1.56M |
|
17
Popular Inc
BPOP
$11B
| $10.4M | 2.24% |
237,853
-76,200
| -24% | -$3.08M |
|
|
QEP
18
DELISTED
QEP RESOURCES, INC.
QEP
| $10.4M | 2.22% |
563,308
+84,500
| +18% | +$1.53M |
|
19
Alcoa
AA
$11.7B
| $9.39M | 2.02% |
334,477
+36,018
| +12% | +$978K |
|
|
SWN
20
DELISTED
Southwestern Energy Company
SWN
| $9.38M | 2.01% |
866,400
+84,983
| +11% | +$973K |
|
|
DNR
21
DELISTED
Denbury Resources, Inc.
DNR
| $8.86M | 1.9% |
2,407,391
-792,000
| -25% | -$2.55M |
|
|
22
Quad
QUAD
$430M
| $8.39M | 1.8% |
312,100
-193,962
| -38% | -$5.02M |
|
23
Upbound Group
UPBD
$1.19B
| $8.13M | 1.74% |
722,772
+16,366
| +2% | +$182K |
|
24
Micron Technology
MU
$1.04T
| $7.63M | 1.64% |
347,993
| – | – |
|
|
HTZ
25
DELISTED
Hertz Global Holdings, Inc.
HTZ
| $7.26M | 1.56% |
387,778
+134,598
| +53% | +$3.37M |
|
Similar funds
BCM
DVI
BM
ABP
RG
CBNLCF
ZCM
WCM
Elm Ridge Management's Q4 2016 Portfolio in Review
As of Q4 2016, Elm Ridge Management held 35 positions worth $466M, up 9.9% from $424M the previous quarter. Its ten largest holdings account for 60% of the portfolio.
Elm Ridge Management's Q4 2016 filing shows 5 new, 7 increased, 9 reduced and 3 closed positions. Its largest new stake was RR Donnelley & Sons Co.: 656,036 shares worth $10.7M. The largest sale was DONNELLEY R R & SONS CO, an estimated $13.1M.
By sector, the portfolio is most concentrated in Energy at 31% of assets, up from 30% a quarter earlier, followed by Financials and Industrials.
- Elm Ridge Management's largest Q4 2016 buy was RR Donnelley & Sons Co.: 656,036 shares worth $10.7M.
- Elm Ridge Management added most to Hertz Global Holdings, Inc. in Q4 2016, an estimated $3.37M increase.
- Elm Ridge Management's biggest Q4 2016 reduction was Patterson-UTI, cutting an estimated $5.18M.
- Elm Ridge Management fully exited DONNELLEY R R & SONS CO in Q4 2016, selling an estimated $13.1M.
- Elm Ridge Management's ten largest holdings make up 60% of its $466M portfolio in Q4 2016.
- Elm Ridge Management opened 5 new positions and closed 3 in Q4 2016.
- Elm Ridge Management's portfolio value rose 9.9% quarter-over-quarter to $466M.
Based on Elm Ridge Management's 13F filing for Q4 2016, filed 14 Feb 2017.