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Proxima Capital Management Portfolio holdings
AUM
$21M
1-Year Est. Return
3.49%
This Fund
S&P 500
This Quarter
Est. Return
-1%
1 Year Est. Return
-3.49%
3 Year Est. Return
-20.75%
5 Year Est. Return
+29.82%
10 Year Est. Return
–
AUM
$769M
AUM Growth
-$156M
(-17%)
Cap. Flow
-$157M
Cap. Flow
% of AUM
-20.44%
Top 10 Holdings %
Top 10 Hldgs %
46.56%
Holding
55
New
7
Increased
10
Reduced
12
Closed
8
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Manitowoc
MTW
|
+$38.4M |
| 2 |
VER
VEREIT, Inc.
VER
|
+$32.6M |
| 3 |
KLXI
KLX Inc.
KLXI
|
+$24M |
| 4 |
PPLI
People Inc
PPLI
|
+$19.6M |
| 5 |
Owens Corning
OC
|
+$15.1M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
SHPG
Shire pic
SHPG
|
+$43.1M |
| 2 |
TGI
Triumph Group
TGI
|
+$30.5M |
| 3 |
NAV
Navistar International
NAV
|
+$28.3M |
| 4 |
Boise Cascade
BCC
|
+$25.7M |
| 5 |
Service Corp International
SCI
|
+$19.8M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Industrials | 19.17% |
| 2 | Technology | 18.19% |
| 3 | Financials | 14.77% |
| 4 | Consumer Discretionary | 14.01% |
| 5 | Healthcare | 6.18% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
PUT
iShares Russell 2000 ETF
IWM
$82.2B
| $58M | 7.54% |
+485,000
| New | +$55.5M |
|
|
ONIT
2
Onity Group
ONIT
$344M
| $47.7M | 6.21% |
210,667
+20,300
| +11% | +$6.61M |
|
|
3
Manitowoc
MTW
$468M
| $42.3M | 5.5% |
+2,114,083
| New | +$38.4M |
|
4
NXP Semiconductors
NXPI
$67.3B
| $35.5M | 4.62% |
465,000
+25,000
| +6% | +$1.77M |
|
5
Tenet Healthcare
THC
$16.8B
| $30.1M | 3.92% |
595,000
+220,000
| +59% | +$11.5M |
|
|
SC
6
DELISTED
SANTANDER CONSUMER USA HOLDINGS INC
SC
| $30.1M | 3.91% |
1,535,000
+320,300
| +26% | +$5.88M |
|
|
VER
7
DELISTED
VEREIT, Inc.
VER
| $30.1M | 3.91% |
+664,535
| New | +$32.6M |
|
|
SUNE
8
DELISTED
SUNEDISON, INC COM
SUNE
| $29M | 3.77% |
1,487,000
-15,000
| -1% | -$285K |
|
9
Strategy Inc
MSTR
$34.4B
| $27.6M | 3.59% |
1,700,000
-185,000
| -10% | -$2.92M |
|
10
Group 1 Automotive
GPI
$3.88B
| $27.5M | 3.58% |
307,123
-54,079
| -15% | -$4.54M |
|
|
CTXS
11
DELISTED
Citrix Systems Inc
CTXS
| $25.1M | 3.27% |
494,408
| – | – |
|
|
KLXI
12
DELISTED
KLX Inc.
KLXI
| $23.8M | 3.09% |
+683,225
| New | +$24M |
|
13
PUT
State Street SPDR S&P 500 ETF Trust
SPY
$774B
| $23.6M | 3.07% |
115,000
-925,000
| -89% | -$186M |
|
14
eBay
EBAY
$49.8B
| $23.6M | 3.07% |
997,920
| – | – |
|
|
15
Owens Corning
OC
$11.6B
| $19.8M | 2.58% |
553,903
+453,583
| +452% | +$15.1M |
|
|
TW
16
DELISTED
TOWERS WATSON & CO COM STK CL A (DE)
TW
| $19.8M | 2.58% |
175,000
-6,510
| -4% | -$717K |
|
|
PPLI
17
People Inc
PPLI
$3.31B
| $18.8M | 2.45% |
+1,734,576
| New | +$19.6M |
|
|
MDR
18
DELISTED
McDermott International
MDR
| $18.8M | 2.45% |
2,158,367
+1,050,034
| +95% | +$11.8M |
|
19
AutoNation
AN
$6.88B
| $18.1M | 2.36% |
300,000
| – | – |
|
20
Sonic Automotive
SAH
$3.17B
| $17.3M | 2.25% |
640,000
+15,000
| +2% | +$379K |
|
21
Delta Air Lines
DAL
$55.4B
| $17M | 2.21% |
345,000
| – | – |
|
22
MBIA
MBI
$333M
| $15.8M | 2.06% |
1,660,000
| – | – |
|
23
Assured Guaranty
AGO
$3.76B
| $15.5M | 2.01% |
595,000
| – | – |
|
|
CIE
24
DELISTED
Cobalt International Energy, Inc
CIE
| $14.5M | 1.89% |
109,000
+68,667
| +170% | +$10.5M |
|
25
General Motors
GM
$68.6B
| $14.4M | 1.88% |
413,000
| – | – |
|
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Proxima Capital Management's Q4 2014 Portfolio in Review
As of Q4 2014, Proxima Capital Management held 55 positions worth $769M, down 17% from $925M the previous quarter. Its ten largest holdings account for 47% of the portfolio.
Proxima Capital Management withdrew a net $157M in Q4 2014, closing 8 positions and reducing 12 holdings. Its most notable exit was Shire pic, an estimated $43.1M position sold in full.
By sector, the portfolio is most concentrated in Industrials at 19% of assets, up from 10% a quarter earlier, followed by Technology and Financials.
Against the trend, Proxima Capital Management opened a new position in Manitowoc worth $42.3M.
- Proxima Capital Management's largest Q4 2014 buy was Manitowoc: 2,114,083 shares worth $42.3M.
- Proxima Capital Management added most to Owens Corning in Q4 2014, an estimated $15.1M increase.
- Proxima Capital Management's biggest Q4 2014 reduction was Triumph Group, cutting an estimated $30.5M.
- Proxima Capital Management fully exited Shire pic in Q4 2014, selling an estimated $43.1M.
- Proxima Capital Management's ten largest holdings make up 47% of its $769M portfolio in Q4 2014.
- Proxima Capital Management opened 7 new positions and closed 8 in Q4 2014.
- Proxima Capital Management's portfolio value fell 17% quarter-over-quarter to $769M.
Based on Proxima Capital Management's 13F filing for Q4 2014, filed 17 Feb 2015.