We are live on
!
Find out more
LM
Luminus Management Portfolio holdings
AUM
$146M
1-Year Est. Return
27.83%
This Fund
S&P 500
This Quarter
Est. Return
-35.02%
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
$968M
AUM Growth
-$1.43B
(-60%)
Cap. Flow
-$233M
Cap. Flow
% of AUM
-24.07%
Top 10 Holdings %
Top 10 Hldgs %
34.4%
Holding
142
New
48
Increased
13
Reduced
31
Closed
42
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
KSU
Kansas City Southern
KSU
|
+$63.3M |
| 2 |
Old Dominion Freight Line
ODFL
|
+$52.1M |
| 3 |
Gerdau
GGB
|
+$38.5M |
| 4 |
NRG Energy
NRG
|
+$38.3M |
| 5 |
Battalion Oil
BATL
|
+$36.5M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
FirstEnergy
FE
|
+$71.9M |
| 2 |
Air Products & Chemicals
APD
|
+$71.7M |
| 3 |
Aecom
ACM
|
+$55.5M |
| 4 |
NextEra Energy
NEE
|
+$41.8M |
| 5 |
BERY
Berry Global Group, Inc.
BERY
|
+$36.8M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Materials | 24.36% |
| 2 | Industrials | 23.48% |
| 3 | Energy | 22.2% |
| 4 | Utilities | 11.42% |
| 5 | Technology | 7.67% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
KSU
1
DELISTED
Kansas City Southern
KSU
| $52.7M | 5.45% |
+414,700
| New | +$63.3M |
|
|
2
Old Dominion Freight Line
ODFL
$38.5B
| $51.4M | 5.31% |
+783,300
| New | +$52.1M |
|
|
3
FirstEnergy
FE
$27.1B
| $33M | 3.41% |
823,406
-1,547,667
| -65% | -$71.9M |
|
|
4
NRG Energy
NRG
$25B
| $30.3M | 3.13% |
+1,113,030
| New | +$38.3M |
|
|
5
Battalion Oil
BATL
$73.9M
| $28.8M | 2.97% |
+6,151,448
| New | +$36.5M |
|
6
Albemarle
ALB
$14.9B
| $25.4M | 2.62% |
+450,670
| New | +$34.5M |
|
7
Werner Enterprises
WERN
$2.4B
| $25.2M | 2.6% |
+694,225
| New | +$25M |
|
8
ArcelorMittal
MT
$59.4B
| $25.2M | 2.6% |
2,697,200
+438,056
| +19% | +$6.14M |
|
9
Vistra
VST
$50.1B
| $23.2M | 2.39% |
1,452,474
-1,118,717
| -44% | -$22.8M |
|
10
Ashland
ASH
$3.34B
| $22.4M | 2.31% |
446,607
+295,115
| +195% | +$20.3M |
|
11
Chemours
CC
$2.3B
| $21.6M | 2.23% |
+2,436,100
| New | +$35.1M |
|
|
BERY
12
DELISTED
Berry Global Group, Inc.
BERY
| $20.2M | 2.09% |
653,146
-1,002,797
| -61% | -$36.8M |
|
13
Tenaris
TS
$28.5B
| $20M | 2.07% |
1,663,674
+1,639,974
| +6,920% | +$30.1M |
|
14
CMS Energy
CMS
$21.5B
| $18.8M | 1.94% |
320,439
-482,245
| -60% | -$30.9M |
|
|
ARCH
15
DELISTED
Arch Resources, Inc.
ARCH
| $18.4M | 1.9% |
637,786
+274,817
| +76% | +$14.1M |
|
|
16
Gerdau
GGB
$9.75B
| $18.4M | 1.9% |
+12,155,850
| New | +$38.5M |
|
17
Saia
SAIA
$9.52B
| $18.1M | 1.87% |
+246,200
| New | +$21.6M |
|
18
Marathon Petroleum
MPC
$109B
| $18M | 1.86% |
762,342
-249,227
| -25% | -$11.5M |
|
19
Phillips 66
PSX
$102B
| $18M | 1.86% |
+335,180
| New | +$27.3M |
|
20
Reliance Steel & Aluminium
RS
$20.4B
| $17.9M | 1.85% |
204,900
-14,738
| -7% | -$1.57M |
|
|
VAL
21
DELISTED
Valaris plc Class A Ordinary Share
VAL
| $16.6M | 1.72% |
36,982,076
| – | – |
|
22
Transocean
RIG
$6.53B
| $16.2M | 1.67% |
13,961,593
+2,805,283
| +25% | +$10.9M |
|
23
Fortive
FTV
$17.2B
| $15.6M | 1.61% |
448,320
-552,139
| -55% | -$24.1M |
|
24
Kirby Corp
KEX
$7.43B
| $15.3M | 1.58% |
+351,600
| New | +$23.9M |
|
|
PE
25
DELISTED
PARSLEY ENERGY INC
PE
| $15.2M | 1.57% |
2,659,829
+1,514,232
| +132% | +$20.4M |
|
Similar funds
SCM
FF
IVP
CF
MFN
GIM
PCM
SA
Luminus Management's Q1 2020 Portfolio in Review
As of Q1 2020, Luminus Management held 142 positions worth $968M, down 60% from $2.4B the previous quarter. Its ten largest holdings account for 34% of the portfolio.
Luminus Management withdrew a net $233M in Q1 2020, closing 42 positions and reducing 31 holdings. Its most notable exit was NextEra Energy, an estimated $41.8M position sold in full.
By sector, the portfolio is most concentrated in Materials at 24% of assets, up from 20% a quarter earlier, followed by Industrials and Energy.
Against the trend, Luminus Management opened a new position in Kansas City Southern worth $52.7M.
- Luminus Management's largest Q1 2020 buy was Kansas City Southern: 414,700 shares worth $52.7M.
- Luminus Management added most to Tenaris in Q1 2020, an estimated $30.1M increase.
- Luminus Management's biggest Q1 2020 reduction was FirstEnergy, cutting an estimated $71.9M.
- Luminus Management fully exited NextEra Energy in Q1 2020, selling an estimated $41.8M.
- Luminus Management's ten largest holdings make up 34% of its $968M portfolio in Q1 2020.
- Luminus Management opened 48 new positions and closed 42 in Q1 2020.
- Luminus Management's portfolio value fell 60% quarter-over-quarter to $968M.
Based on Luminus Management's 13F filing for Q1 2020, filed 15 May 2020.