Herring Creek Capital Management Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
RDS.A
Royal Dutch Shell PLC ADS Class A
RDS.A
|
+$42.9M |
| 2 |
VTLE
Vital Energy
VTLE
|
+$24.3M |
| 3 |
INFA
INFORMATICA CORP
INFA
|
+$21.3M |
| 4 |
Cogent Communications
CCOI
|
+$20.6M |
| 5 |
Kosmos Energy
KOS
|
+$20.3M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
News Corp Class A
NWSA
|
+$25.7M |
| 2 |
Morgan Stanley
MS
|
+$22.8M |
| 3 |
ROC
ROCKWOOD HLDGS INC
ROC
|
+$21.9M |
| 4 |
Equinix
EQIX
|
+$17.5M |
| 5 |
APC
Anadarko Petroleum
APC
|
+$17.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Energy | 18.64% |
| 2 | Financials | 17.76% |
| 3 | Communication Services | 16.63% |
| 4 | Miscellaneous | 13.18% |
| 5 | Industrials | 12.68% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
JGW
26
DELISTED
J G WENTWORTH CO CL A COM STK (DE)
JGW
| $6.07M | 1.12% |
490,123
-131,234
| -21% | -$1.58M |
|
|
PBPB
27
DELISTED
Potbelly
PBPB
| $857K | 0.16% |
+73,524
| New | +$906K |
|
|
28
Equinix
EQIX
$99.4B
| – | – |
-83,532
| Closed | -$17.5M |
|
29
JB Hunt Transport Services
JBHT
$25.6B
| – | – |
-112,269
| Closed | -$8.28M |
|
|
30
Morgan Stanley
MS
$324B
| – | – |
-703,983
| Closed | -$22.8M |
|
|
31
News Corp Class A
NWSA
$16.3B
| – | – |
-1,432,936
| Closed | -$25.7M |
|
32
United Airlines
UAL
$34.7B
| – | – |
-264,023
| Closed | -$10.8M |
|
|
APC
33
DELISTED
Anadarko Petroleum
APC
| – | – |
-156,990
| Closed | -$17.2M |
|
|
ROC
34
DELISTED
ROCKWOOD HLDGS INC
ROC
| – | – |
-288,257
| Closed | -$21.9M |
|
|
TIBX
35
DELISTED
TIBCO SOFTWARE INC
TIBX
| – | – |
-368,587
| Closed | -$7.43M |
|
Similar funds
Herring Creek Capital Management's Q3 2014 Portfolio in Review
As of Q3 2014, Herring Creek Capital Management held 35 positions worth $543M, up 5.9% from $513M the previous quarter. Its ten largest holdings account for 57% of the portfolio.
Herring Creek Capital Management deployed $48.3M of net new capital in Q3 2014, opening 10 new positions and adding to 8 existing holdings. Its largest new stake was Royal Dutch Shell PLC ADS Class A: 571,575 shares worth $40.6M.
By sector, the portfolio is most concentrated in Energy at 19% of assets, up from 6.2% a quarter earlier, followed by Financials and Communication Services.
On the sell side, the largest reduction was Ascena Retail Group, Inc., an estimated $12.3M trimmed.
- Herring Creek Capital Management's largest Q3 2014 buy was Royal Dutch Shell PLC ADS Class A: 571,575 shares worth $40.6M.
- Herring Creek Capital Management added most to DONNELLEY R R & SONS CO in Q3 2014, an estimated $13.5M increase.
- Herring Creek Capital Management's biggest Q3 2014 reduction was Ascena Retail Group, Inc., cutting an estimated $12.3M.
- Herring Creek Capital Management fully exited News Corp Class A in Q3 2014, selling an estimated $25.7M.
- Herring Creek Capital Management's ten largest holdings make up 57% of its $543M portfolio in Q3 2014.
- Herring Creek Capital Management opened 10 new positions and closed 8 in Q3 2014.
- Herring Creek Capital Management's portfolio value rose 5.9% quarter-over-quarter to $543M.
Based on Herring Creek Capital Management's 13F filing for Q3 2014, filed 14 Nov 2014.