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
+26.78%
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
$96M
AUM Growth
+$17.4M
(+22%)
Cap. Flow
+$5.07M
Cap. Flow
% of AUM
5.29%
Top 10 Holdings %
Top 10 Hldgs %
53.74%
Holding
30
New
2
Increased
13
Reduced
11
Closed
2
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
AerCap
AER
|
+$2.76M |
| 2 |
Chemours
CC
|
+$2.19M |
| 3 |
Valaris
VAL
|
+$2.03M |
| 4 |
Ford
F
|
+$1.99M |
| 5 |
Adient
ADNT
|
+$1.7M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
ConocoPhillips
COP
|
+$2.58M |
| 2 |
California Resources
CRC
|
+$2.51M |
| 3 |
Devon Energy
DVN
|
+$1.49M |
| 4 |
Alcoa
AA
|
+$1.35M |
| 5 |
Steel Dynamics
STLD
|
+$1.23M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Energy | 47.34% |
| 2 | Materials | 25.31% |
| 3 | Consumer Discretionary | 11.44% |
| 4 | Industrials | 9.86% |
| 5 | Financials | 5.72% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Alcoa
AA
$11.7B
| $7.67M | 7.99% |
85,141
-18,647
| -18% | -$1.35M |
|
|
2
AerCap
AER
$23.9B
| $7.05M | 7.34% |
140,171
+46,020
| +49% | +$2.76M |
|
|
3
Devon Energy
DVN
$51.9B
| $5.36M | 5.59% |
90,714
-27,592
| -23% | -$1.49M |
|
4
Canadian Natural Resources
CNQ
$96.9B
| $4.93M | 5.14% |
162,511
-39,216
| -19% | -$1.05M |
|
5
Magnolia Oil & Gas
MGY
$5.83B
| $4.86M | 5.06% |
205,509
-18,653
| -8% | -$410K |
|
|
6
Chemours
CC
$2.59B
| $4.63M | 4.83% |
147,225
+69,871
| +90% | +$2.19M |
|
|
7
ConocoPhillips
COP
$147B
| $4.54M | 4.73% |
45,397
-28,084
| -38% | -$2.58M |
|
|
NEX
8
DELISTED
NexTier Oilfield Solutions Inc.
NEX
| $4.47M | 4.66% |
483,631
-125,756
| -21% | -$901K |
|
9
NOV
NOV
$7.45B
| $4.21M | 4.39% |
214,803
+63,196
| +42% | +$1.11M |
|
10
EQT Corp
EQT
$33.2B
| $3.85M | 4.01% |
111,741
-16,791
| -13% | -$410K |
|
11
LyondellBasell Industries
LYB
$19.5B
| $3.53M | 3.68% |
34,325
-680
| -2% | -$67.8K |
|
|
12
Adient
ADNT
$1.6B
| $3.51M | 3.66% |
86,084
+39,513
| +85% | +$1.7M |
|
13
Antero Resources
AR
$10.9B
| $3.34M | 3.48% |
109,290
| – | – |
|
|
14
Ford
F
$57.3B
| $3.29M | 3.43% |
194,519
+104,721
| +117% | +$1.99M |
|
15
Range Resources
RRC
$9.11B
| $3.23M | 3.36% |
106,196
-33,128
| -24% | -$756K |
|
16
ArcelorMittal
MT
$50.4B
| $3.15M | 3.28% |
98,379
+2,572
| +3% | +$82.5K |
|
17
Citigroup
C
$222B
| $3.1M | 3.23% |
58,125
+8,736
| +18% | +$540K |
|
18
Sylvamo
SLVM
$1.52B
| $2.91M | 3.03% |
87,313
+34,254
| +65% | +$1.14M |
|
|
19
California Resources
CRC
$4.75B
| $2.51M | 2.61% |
56,020
-58,181
| -51% | -$2.51M |
|
|
20
Valaris
VAL
$5.51B
| $2.43M | 2.54% |
+46,844
| New | +$2.03M |
|
21
Dana Inc
DAN
$2.91B
| $2.41M | 2.51% |
137,210
+59,285
| +76% | +$1.21M |
|
|
YELL
22
DELISTED
Yellow Corporation Common Stock
YELL
| $2.41M | 2.51% |
343,805
+166,950
| +94% | +$1.59M |
|
23
Dow Inc
DOW
$21.6B
| $2.4M | 2.5% |
37,731
+655
| +2% | +$39.5K |
|
24
Popular Inc
BPOP
$11B
| $2.39M | 2.49% |
29,227
| – | – |
|
25
Lear
LEA
$7.19B
| $1.77M | 1.84% |
12,387
+2,898
| +31% | +$471K |
|
Similar funds
BCM
DVI
BM
ABP
RG
CBNLCF
ZCM
WCM
Elm Ridge Management's Q1 2022 Portfolio in Review
As of Q1 2022, Elm Ridge Management held 30 positions worth $96M, up 22% from $78.6M the previous quarter. Its ten largest holdings account for 54% of the portfolio.
Elm Ridge Management deployed $5.07M of net new capital in Q1 2022, opening 2 new positions and adding to 13 existing holdings. Its largest new stake was Valaris: 46,844 shares worth $2.43M.
By sector, the portfolio is most concentrated in Energy at 47% of assets, up from 46% a quarter earlier, followed by Materials and Consumer Discretionary.
On the sell side, the largest reduction was ConocoPhillips, an estimated $2.58M trimmed.
- Elm Ridge Management's largest Q1 2022 buy was Valaris: 46,844 shares worth $2.43M.
- Elm Ridge Management added most to AerCap in Q1 2022, an estimated $2.76M increase.
- Elm Ridge Management's biggest Q1 2022 reduction was ConocoPhillips, cutting an estimated $2.58M.
- Elm Ridge Management fully exited Steel Dynamics in Q1 2022, selling an estimated $1.23M.
- Elm Ridge Management's ten largest holdings make up 54% of its $96M portfolio in Q1 2022.
- Elm Ridge Management opened 2 new positions and closed 2 in Q1 2022.
- Elm Ridge Management's portfolio value rose 22% quarter-over-quarter to $96M.
Based on Elm Ridge Management's 13F filing for Q1 2022, filed 16 May 2022.