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Luminus Management Portfolio holdings
AUM
$146M
Turnover
54.05%
1-Year Est. Return
27.83%
This Fund
S&P 500
This Quarter Est. Return
+7.64%
1 Year Est. Return
+27.83%
3 Year Est. Return
-8.7%
5 Year Est. Return
+20.4%
10 Year Est. Return
+118.91%
AUM
$3.78B
AUM Growth
-$1.01B
(-21%)
Cap. Flow
-$873M
Cap. Flow % of AUM
Cap. Flow %
-23.13%
Top 10 Holdings %
Top 10 Hldgs %
37.44%
Holding
197
New
52
Increased
42
Reduced
45
Closed
52
Avg Time Held
Equity + Options
0.7
years
Top 10 Avg Time Held
Equity + Options
0.7
years
Top 20 Avg Time Held
Equity + Options
0.5
years
Avg Time Held Equity only
0.7
years
Top 10 Avg Time Held Equity only
0.6
years
Top 20 Avg Time Held Equity only
0.5
years
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Wabtec
WAB
|
+$70M |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$63.8M |
| 3 |
Transocean
RIG
|
+$47.5M |
| 4 |
iShares Russell 2000 ETF
IWM
|
+$40.7M |
| 5 |
ESV
Ensco Rowan plc
ESV
|
+$35.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Public Service Enterprise Group
PEG
|
+$176M |
| 2 |
FirstEnergy
FE
|
+$154M |
| 3 |
GRA
W.R. Grace & Co.
GRA
|
+$75.8M |
| 4 |
CPN
Calpine Corporation
CPN
|
+$74.1M |
| 5 |
NextEra Energy
NEE
|
+$70.1M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Energy | 21.34% |
| 2 | Miscellaneous | 20.78% |
| 3 | Materials | 19.41% |
| 4 | Utilities | 19.18% |
| 5 | Industrials | 17.19% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
1
PUT
State Street SPDR S&P 500 ETF Trust
SPY
$777B
| $398M | 10.55% |
1,585,000
-637,100
| -29% | -$157M |
2016 Q1
6 quarters
|
|
2
DELISTED
Berry Global Group, Inc.
BERY
| $140M | 3.7% |
2,682,925
+537,500
| +25% | +$28.1M |
2015 Q3
8 quarters
|
|
3
DuPont de Nemours
DD
$19.4B
| $128M | 3.4% |
732,369
+70,279
| +11% | +$11.7M |
2015 Q1
10 quarters
|
|
|
4
State Street SPDR S&P 500 ETF Trust
SPY
$777B
| $125M | 3.31% |
497,082
+258,775
| +109% | +$63.8M |
2017 Q1
2 quarters
|
|
|
5
FirstEnergy
FE
$26.9B
| $121M | 3.22% |
3,939,992
-4,882,091
| -55% | -$154M |
2013 Q3
16 quarters
|
|
6
C.H. Robinson
CHRW
$14.5B
| $106M | 2.81% |
1,392,638
+147,800
| +12% | +$10.2M |
2016 Q3
4 quarters
|
|
|
7
Transocean
RIG
$5.85B
| $99.4M | 2.63% |
9,237,060
+5,521,690
| +149% | +$47.5M |
2016 Q3
4 quarters
|
|
|
8
CALL
State Street SPDR S&P 500 ETF Trust
SPY
$777B
| $99.2M | 2.63% |
395,000
-56,000
| -12% | -$13.8M |
2017 Q2
1 quarter
|
|
|
XOG
9
DELISTED
Extraction Oil & Gas, Inc. Common Stock
XOG
| $99M | 2.62% |
6,435,453
+858,343
| +15% | +$11M |
2016 Q4
3 quarters
|
|
10
Air Products & Chemicals
APD
$67.9B
| $97.4M | 2.58% |
643,850
-257,758
| -29% | -$37.8M |
2014 Q1
14 quarters
|
|
11
Ashland
ASH
$3.51B
| $94.1M | 2.49% |
1,439,437
+314,567
| +28% | +$20M |
2013 Q3
16 quarters
|
|
12
NRG Energy
NRG
$18.6B
| $90.6M | 2.4% |
3,539,259
-1,298,146
| -27% | -$30.7M |
2017 Q2
1 quarter
|
|
|
ESV
13
DELISTED
Ensco Rowan plc
ESV
| $82.6M | 2.19% |
3,459,982
+1,793,242
| +108% | +$35.8M |
2017 Q1
2 quarters
|
|
14
United Parcel Service
UPS
$92.2B
| $79.9M | 2.12% |
665,725
+12,200
| +2% | +$1.39M |
2017 Q1
2 quarters
|
|
15
Tenaris
TS
$29.7B
| $77.5M | 2.05% |
2,736,404
+1,173,029
| +75% | +$34.3M |
2017 Q2
1 quarter
|
|
|
16
Wabtec
WAB
$47.6B
| $75.4M | 2% |
995,245
+909,970
| +1,067% | +$70M |
2016 Q4
3 quarters
|
|
17
Entergy
ETR
$52.8B
| $75.2M | 1.99% |
1,969,022
+714,022
| +57% | +$27.6M |
2017 Q2
1 quarter
|
|
|
RDC
18
DELISTED
Rowan Companies Plc
RDC
| $72.8M | 1.93% |
5,666,080
+1,186,993
| +27% | +$12.7M |
2016 Q2
5 quarters
|
|
19
Edison International
EIX
$22.8B
| $70.1M | 1.86% |
908,309
+28,109
| +3% | +$2.22M |
2017 Q2
1 quarter
|
|
20
PPL Corp
PPL
$26.9B
| $58.6M | 1.55% |
1,544,024
+306,506
| +25% | +$11.9M |
2016 Q1
6 quarters
|
|
21
Consolidated Edison
ED
$44B
| $56.1M | 1.49% |
695,300
+39,000
| +6% | +$3.23M |
2017 Q2
1 quarter
|
|
22
Eaton
ETN
$133B
| $55.6M | 1.47% |
724,025
+9,048
| +1% | +$683K |
2016 Q4
3 quarters
|
|
23
PUT
iShares MSCI South Korea ETF
EWY
$20.1B
| $53.2M | 1.41% |
770,000
| – | – |
2017 Q2
1 quarter
|
|
24
American Electric Power
AEP
$68.9B
| $52.9M | 1.4% |
752,939
-421,437
| -36% | -$30M |
2016 Q4
3 quarters
|
|
|
25
Public Service Enterprise Group
PEG
$36.2B
| $50.1M | 1.33% |
1,082,800
-3,892,692
| -78% | -$176M |
2016 Q2
5 quarters
|
|
Similar funds
PCM
MVF
RIP
Luminus Management's Q3 2017 Portfolio in Review
As of Q3 2017, Luminus Management held 197 positions worth $3.78B, down 21% from $4.78B the previous quarter. Its ten largest holdings account for 37% of the portfolio.
Luminus Management withdrew a net $873M in Q3 2017, closing 52 positions and reducing 45 holdings. Its most notable exit was W.R. Grace & Co., an estimated $75.8M position sold in full.
By sector, the portfolio is most concentrated in Energy at 21% of assets, up from 13% a quarter earlier, followed by Miscellaneous and Materials.
Against the trend, Luminus Management opened a new position in Quanta Services worth $30.4M.
- Luminus Management's largest Q3 2017 buy was Quanta Services: 812,479 shares worth $30.4M.
- Luminus Management added most to Wabtec in Q3 2017, an estimated $70M increase.
- Luminus Management's biggest Q3 2017 reduction was Public Service Enterprise Group, cutting an estimated $176M.
- Luminus Management fully exited W.R. Grace & Co. in Q3 2017, selling an estimated $75.8M.
- Luminus Management's ten largest holdings make up 37% of its $3.78B portfolio in Q3 2017.
- Luminus Management opened 52 new positions and closed 52 in Q3 2017.
- Luminus Management's portfolio value fell 21% quarter-over-quarter to $3.78B.
Based on Luminus Management's 13F filing for Q3 2017, filed 14 Nov 2017.