Herring Creek Capital Management Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
APC
Anadarko Petroleum
APC
|
+$16.9M |
| 2 |
Meta Platforms (Facebook)
META
|
+$13.6M |
| 3 |
MBIA
MBI
|
+$12.8M |
| 4 |
Kosmos Energy
KOS
|
+$12.1M |
| 5 |
ZU
ZULILY INC CLASS A COMMON STOCK
ZU
|
+$11.9M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
CTRA
Coterra Energy
CTRA
|
+$22.9M |
| 2 |
XPO
XPO
|
+$19.9M |
| 3 |
MGIC Investment
MTG
|
+$16.8M |
| 4 |
PPLI
People Inc
PPLI
|
+$15.4M |
| 5 |
Micron Technology
MU
|
+$15.1M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Communication Services | 26.06% |
| 2 | Financials | 24.71% |
| 3 | Consumer Discretionary | 11.88% |
| 4 | Industrials | 11.08% |
| 5 | Technology | 7.45% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
LNW
26
DELISTED
Light & Wonder
LNW
| $5.23M | 1.35% |
+336,559
| New | +$4.77M |
|
27
Smith & Wesson
SWBI
$651M
| $3.93M | 1.02% |
308,345
-1,237,769
| -80% | -$14.3M |
|
|
JGW
28
DELISTED
J G WENTWORTH CO CL A COM STK (DE)
JGW
| $820K | 0.21% |
89,218
-362,501
| -80% | -$3.62M |
|
|
CTRA
29
DELISTED
Coterra Energy
CTRA
| – | – |
-774,446
| Closed | -$22.9M |
|
|
PPLI
30
People Inc
PPLI
$3.2B
| – | – |
-1,278,674
| Closed | -$15.4M |
|
31
Louisiana-Pacific
LPX
$5.31B
| – | – |
-296,176
| Closed | -$4.89M |
|
|
32
MGIC Investment
MTG
$6.21B
| – | – |
-1,745,809
| Closed | -$16.8M |
|
|
33
Micron Technology
MU
$996B
| – | – |
-556,496
| Closed | -$15.1M |
|
|
34
XPO
XPO
$23B
| – | – |
-1,264,835
| Closed | -$19.9M |
|
|
VMW
35
DELISTED
VMware, Inc
VMW
| – | – |
-123,907
| Closed | -$10.2M |
|
|
NTI
36
DELISTED
NORTHERN TIER ENERGY LP CLASS A
NTI
| – | – |
-543,768
| Closed | -$13.8M |
|
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Herring Creek Capital Management's Q2 2015 Portfolio in Review
As of Q2 2015, Herring Creek Capital Management held 37 positions worth $387M, down 7.9% from $420M the previous quarter. Its ten largest holdings account for 56% of the portfolio.
Herring Creek Capital Management withdrew a net $31.1M in Q2 2015, closing 8 positions and reducing 9 holdings. Its most notable exit was Coterra Energy, an estimated $22.9M position sold in full.
By sector, the portfolio is most concentrated in Communication Services at 26% of assets, up from 19% a quarter earlier, followed by Financials and Consumer Discretionary.
Against the trend, Herring Creek Capital Management opened a new position in Anadarko Petroleum worth $15.3M.
- Herring Creek Capital Management's largest Q2 2015 buy was Anadarko Petroleum: 195,439 shares worth $15.3M.
- Herring Creek Capital Management added most to Kosmos Energy in Q2 2015, an estimated $12.1M increase.
- Herring Creek Capital Management's biggest Q2 2015 reduction was Smith & Wesson, cutting an estimated $14.3M.
- Herring Creek Capital Management fully exited Coterra Energy in Q2 2015, selling an estimated $22.9M.
- Herring Creek Capital Management's ten largest holdings make up 56% of its $387M portfolio in Q2 2015.
- Herring Creek Capital Management opened 10 new positions and closed 8 in Q2 2015.
- Herring Creek Capital Management's portfolio value fell 7.9% quarter-over-quarter to $387M.
Based on Herring Creek Capital Management's 13F filing for Q2 2015, filed 14 Aug 2015.