Mangrove Partners Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
PDCE
PDC Energy, Inc.
PDCE
|
+$53.5M |
| 2 |
SMTA
Spirit MTA REIT Common Shares of Beneficial Interest
SMTA
|
+$18M |
| 3 |
ROCC
Ranger Oil Corporation Class A Common Stock
ROCC
|
+$17M |
| 4 |
Virtus Investment Partners
VRTS
|
+$14.1M |
| 5 |
Green Plains
GPRE
|
+$13.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
SPAQ.U
Spartan Energy Acquisition Corp Units (each consisting of one Class A Common Stock and one-third of
SPAQ.U
|
+$9.13M |
| 2 |
EGLE
Eagle Bulk Shipping Inc.
EGLE
|
+$6.22M |
| 3 |
PennyMac Financial
PFSI
|
+$5.3M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Energy | 32.45% |
| 2 | Financials | 8.5% |
| 3 | Communication Services | 7.96% |
| 4 | Industrials | 7.4% |
| 5 | Healthcare | 7.38% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
TWLVW
51
DELISTED
Twelve Seas Investment Company Warrant
TWLVW
| $78K | 0.01% |
300,000
| – | – |
|
|
TKKSW
52
DELISTED
TKK Symphony Acquisition Corporation Warrant
TKKSW
| $53K | 0.01% |
350,000
| – | – |
|
53
PUT
Geron
GERN
$911M
| – | – |
-166,700
| Closed | -$293K |
|
|
EQC
54
CALL
DELISTED
Equity Commonwealth
EQC
| – | – |
-230,200
| Closed | -$7.39M |
|
|
EMWP
55
PUT
DELISTED
Eros Media World PLC
EMWP
| – | – |
-1,925
| Closed | -$464K |
|
|
SPAQ.U
56
DELISTED
Spartan Energy Acquisition Corp Units (each consisting of one Class A Common Stock and one-third of
SPAQ.U
| – | – |
-900,000
| Closed | -$9.13M |
|
|
EGLE
57
DELISTED
Eagle Bulk Shipping Inc.
EGLE
| – | – |
-158,044
| Closed | -$6.22M |
|
Similar funds
Mangrove Partners's Q4 2018 Portfolio in Review
As of Q4 2018, Mangrove Partners held 59 positions worth $751M, down 53% from $1.59B the previous quarter. Its ten largest holdings account for 62% of the portfolio.
Mangrove Partners withdrew a net $612M in Q4 2018, closing 5 positions and reducing 3 holdings. Its most notable exit was Spartan Energy Acquisition Corp Units (each consisting of one Class A Common Stock and one-third of, an estimated $9.13M position sold in full.
By sector, the portfolio is most concentrated in Energy at 32% of assets, up from 17% a quarter earlier, followed by Financials and Communication Services.
Against the trend, Mangrove Partners opened a new position in Alpha Metallurgical Resources worth $9.92M.
- Mangrove Partners's largest Q4 2018 buy was Alpha Metallurgical Resources: 150,850 shares worth $9.92M.
- Mangrove Partners added most to PDC Energy, Inc. in Q4 2018, an estimated $53.5M increase.
- Mangrove Partners's biggest Q4 2018 reduction was PennyMac Financial, cutting an estimated $5.3M.
- Mangrove Partners fully exited Spartan Energy Acquisition Corp Units (each consisting of one Class A Common Stock and one-third of in Q4 2018, selling an estimated $9.13M.
- Mangrove Partners's ten largest holdings make up 62% of its $751M portfolio in Q4 2018.
- Mangrove Partners opened 14 new positions and closed 5 in Q4 2018.
- Mangrove Partners's portfolio value fell 53% quarter-over-quarter to $751M.
Based on Mangrove Partners's 13F filing for Q4 2018, filed 14 Feb 2019.