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
+5.94%
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
$250M
AUM Growth
+$9.96M
Cap. Flow
-$914K
Cap. Flow %
-0.37%
Top 10 Hldgs %
63.11%
Holding
28
New
3
Increased
16
Reduced
8
Closed
1

Top Buys

Rank Stock Value
1
MGY icon
Magnolia Oil & Gas
MGY
+$5.21M
2
COF icon
Capital One
COF
+$4.8M
3
FTSI
FTS International, Inc. Common Stock
FTSI
+$2.79M
4
AA icon
Alcoa
AA
+$2.45M
5
APC
Anadarko Petroleum
APC
+$1.92M

Top Sells

Rank Stock Value
1
MUR icon
Murphy Oil
MUR
+$6.05M
2
PTEN icon
Patterson-UTI
PTEN
+$2.37M
3
BAC icon
Bank of America
BAC
+$2.32M
4
BPOP icon
Popular Inc
BPOP
+$2.31M
5
HTZ
Hertz Global Holdings, Inc.
HTZ
+$2.27M

Sector Composition

Rank Sector Weight
1 Energy 54.37%
2 Financials 25.33%
3 Industrials 8.54%
4 Materials 3.8%
5 Consumer Discretionary 1.81%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
CRC
1
DELISTED
California Resources Corporation
CRC
$39.2M 15.71%
808,750
-53,094
-6% -$2.04M
DNR
2
DELISTED
Denbury Resources, Inc.
DNR
$17.1M 6.86%
2,764,344
-411,178
-13% -$2.05M
DVN icon
3
Devon Energy
DVN
$51.9B
$15.1M 6.05%
378,633
+2,010
+0.5% +$85.5K
AGO icon
4
Assured Guaranty
AGO
$3.78B
$15.1M 6.04%
357,174
+1,896
+0.5% +$75.3K
APA icon
5
APA Corp
APA
$12.8B
$14.4M 5.77%
302,570
-39,465
-12% -$1.78M
APC
6
DELISTED
Anadarko Petroleum
APC
$14.1M 5.65%
209,561
+28,494
+16% +$1.92M
MBI icon
7
MBIA
MBI
$288M
$11.6M 4.63%
1,082,425
-189,500
-15% -$1.94M
C icon
8
Citigroup
C
$222B
$11.3M 4.53%
157,844
+838
+0.5% +$59.2K
PTEN icon
9
Patterson-UTI
PTEN
$3.87B
$10.2M 4.07%
594,432
-137,701
-19% -$2.37M
AA icon
10
Alcoa
AA
$11.7B
$9.48M 3.8%
234,762
+56,401
+32% +$2.45M
BHF icon
11
Brighthouse Financial
BHF
$3.63B
$8M 3.2%
180,743
+42,946
+31% +$1.81M
COP icon
12
ConocoPhillips
COP
$147B
$7.85M 3.14%
101,458
+538
+0.5% +$38.8K
AER icon
13
AerCap
AER
$23.9B
$7.8M 3.12%
135,555
+720
+0.5% +$40.7K
REN
14
DELISTED
Resolute Energy Corporaton
REN
$7.76M 3.11%
205,382
+1,090
+0.5% +$35.5K
BPOP icon
15
Popular Inc
BPOP
$11B
$7.5M 3%
146,263
-46,400
-24% -$2.31M
HTZ
16
DELISTED
Hertz Global Holdings, Inc.
HTZ
$6.42M 2.57%
452,726
-151,123
-25% -$2.27M
NBR icon
17
Nabors Industries
NBR
$1.23B
$6.12M 2.45%
19,864
+105
+0.5% +$32.4K
MGY icon
18
Magnolia Oil & Gas
MGY
$5.83B
$5.99M 2.4%
+399,215
New +$5.21M
RRC icon
19
Range Resources
RRC
$9.11B
$5.48M 2.19%
322,551
+1,712
+0.5% +$27.5K
BAC icon
20
Bank of America
BAC
$435B
$5.13M 2.05%
174,130
-76,317
-30% -$2.32M
RRD
21
DELISTED
RR Donnelley & Sons Co.
RRD
$4.87M 1.95%
900,825
+4,783
+0.5% +$25.8K
COF icon
22
Capital One
COF
$124B
$4.69M 1.88%
+49,357
New +$4.8M
ADNT icon
23
Adient
ADNT
$1.6B
$4.53M 1.81%
115,300
+26,055
+29% +$1.17M
SWN
24
DELISTED
Southwestern Energy Company
SWN
$3.77M 1.51%
738,115
+3,919
+0.5% +$20.8K
FTSI
25
DELISTED
FTS International, Inc. Common Stock
FTSI
$2.76M 1.11%
+11,713
New +$2.79M
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 2018 Portfolio in Review

As of Q3 2018, Elm Ridge Management held 28 positions worth $250M, up 4.2% from $240M the previous quarter. Its ten largest holdings account for 63% of the portfolio.

Elm Ridge Management's Q3 2018 filing shows 3 new, 16 increased, 8 reduced and 1 closed positions. Its largest new stake was Magnolia Oil & Gas: 399,215 shares worth $5.99M. The largest sale was Murphy Oil, an estimated $6.05M.

By sector, the portfolio is most concentrated in Energy at 54% of assets, down from 56% a quarter earlier, followed by Financials and Industrials.

  • Elm Ridge Management's largest Q3 2018 buy was Magnolia Oil & Gas: 399,215 shares worth $5.99M.
  • Elm Ridge Management added most to Alcoa in Q3 2018, an estimated $2.45M increase.
  • Elm Ridge Management's biggest Q3 2018 reduction was Patterson-UTI, cutting an estimated $2.37M.
  • Elm Ridge Management fully exited Murphy Oil in Q3 2018, selling an estimated $6.05M.
  • Elm Ridge Management's ten largest holdings make up 63% of its $250M portfolio in Q3 2018.
  • Elm Ridge Management opened 3 new positions and closed 1 in Q3 2018.
  • Elm Ridge Management's portfolio value rose 4.2% quarter-over-quarter to $250M.

Based on Elm Ridge Management's 13F filing for Q3 2018, filed 14 Nov 2018.