We are live on ! Find out more
LM

Luminus Management Portfolio holdings

AUM $166M
1-Year Est. Return 75.95%
This Fund
S&P 500
This Quarter Est. Return
-4.08%
1 Year Est. Return
+75.95%
3 Year Est. Return
-13.12%
5 Year Est. Return
+27.92%
10 Year Est. Return
+125.71%
AUM
$220M
AUM Growth
-$142M
Cap. Flow
-$73.9M
Cap. Flow %
-33.61%
Top 10 Hldgs %
90.55%
Holding
35
New
13
Increased
3
Reduced
8
Closed
10

Top Buys

Rank Stock Value
1
OLN icon
Olin
OLN
+$55.3M
2
AVNT icon
Avient
AVNT
+$5.13M
3
NRG icon
NRG Energy
NRG
+$2.31M
4
SEE
Sealed Air
SEE
+$2.28M
5
FMC icon
FMC
FMC
+$1.57M

Top Sells

Rank Stock Value
1
OI icon
O-I Glass
OI
+$12M
2
PPG icon
PPG Industries
PPG
+$9.95M
3
BERY
Berry Global Group, Inc.
BERY
+$8.39M
4
ARCH
Arch Resources, Inc.
ARCH
+$6.27M
5
CC icon
Chemours
CC
+$4.74M

Sector Composition

Rank Sector Weight
1 Materials 45.49%
2 Energy 15.84%
3 Consumer Discretionary 12.66%
4 Utilities 1.27%
5 Technology 1.13%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
FUL icon
26
H.B. Fuller
FUL
$3B
– –
-26,929
Closed -$2.19M
HRTG icon
27
Heritage Insurance Holdings
HRTG
$842M
– –
-176,676
Closed -$1.15M
OCGN icon
28
Ocugen
OCGN
$410M
– –
-1,626,583
Closed -$935K
OI icon
29
CALL
O-I Glass
OI
$1.39B
– –
-340,600
Closed -$5.58M
OLN icon
30
CALL
Olin
OLN
$2.64B
– –
-1,663,400
Closed -$89.7M
PPG icon
31
PPG Industries
PPG
$25.9B
– –
-66,500
Closed -$9.95M
TROX icon
32
CALL
Tronox
TROX
$995M
– –
-265,900
Closed -$3.77M
CAMP
33
DELISTED
CalAmp Corp.
CAMP
– –
-71,144
Closed -$411K
ZFOX
34
DELISTED
ZeroFox Holdings, Inc. Common Stock
ZFOX
– –
-1,719,404
Closed -$1.5M
ARCH
35
DELISTED
Arch Resources, Inc.
ARCH
– –
-32,975
Closed -$6.27M
1
2

Similar funds

SHC
SALT Holding Corp Wilmington, Delaware $165M AUM 37.3% 1-Year Est. Return
TLM
Twin Lions Management Stamford, Connecticut $165M AUM 10.42% 1-Year Est. Return
E3F
Eight 31 Financial Midland, Texas $166M AUM 8.23% 1-Year Est. Return
MCM
Moon Capital Management New York $166M AUM 54.85% 1-Year Est. Return
FOFP
Fee-Only Financial Planning Okatie, South Carolina $166M AUM 17.65% 1-Year Est. Return
OO
Obsido Oy Tampere $165M AUM 17.18% 1-Year Est. Return
GC
Gould Capital Tacoma, Washington $165M AUM 19.29% 1-Year Est. Return
CFG
Copley Financial Group San Diego, California $166M AUM 26.42% 1-Year Est. Return

Luminus Management's Q1 2024 Portfolio in Review

As of Q1 2024, Luminus Management held 35 positions worth $220M, down 39% from $362M the previous quarter. Its ten largest holdings account for 91% of the portfolio.

Luminus Management withdrew a net $73.9M in Q1 2024, closing 10 positions and reducing 8 holdings. Its most notable exit was PPG Industries, an estimated $9.95M position sold in full.

By sector, the portfolio is most concentrated in Materials at 45% of assets, up from 29% a quarter earlier, followed by Energy and Consumer Discretionary.

Against the trend, Luminus Management opened a new position in Olin worth $18.8M.

  • Luminus Management's largest Q1 2024 buy was Olin: 1,030,154 shares worth $18.8M.
  • Luminus Management added most to Sealed Air in Q1 2024, an estimated $2.28M increase.
  • Luminus Management's biggest Q1 2024 reduction was O-I Glass, cutting an estimated $12M.
  • Luminus Management fully exited PPG Industries in Q1 2024, selling an estimated $9.95M.
  • Luminus Management's ten largest holdings make up 91% of its $220M portfolio in Q1 2024.
  • Luminus Management opened 13 new positions and closed 10 in Q1 2024.
  • Luminus Management's portfolio value fell 39% quarter-over-quarter to $220M.

Based on Luminus Management's 13F filing for Q1 2024, filed 15 May 2024.