WhaleCreep

Afton Capital Management LLC 13F holdings, Q3 2022

Hedge fundStopped filingSEC filingsCompare with another fundHoldings as of 2022-09-30, filed 2022-11-14

Afton Capital Management LLC disclosed 17 US equity positions worth $30.6m in its Q3 2022 13F filing. Its largest position is OXY at 15.1% of the reported book, followed by ENVX and CLRUSD. Versus Q2 2022 it opened 10 new positions, added to 3, reduced 3 and exited 9.

$30.6m
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
17
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
15.1%
Largest position
The largest single position as a share of the reported equity book.
76.5%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
12
Effective positions
1 / HHI of portfolio weights: the number of equal-weight positions the book behaves like.
15
Quarters on file since Q1 2003
Quarters for which this manager's 13F holdings are on record.

Holdings

Against Q2 2022: 10 new, 3 added, 3 reduced, 9 exited

17 rows
OXY OCCIDENTAL PETE CORPEnergy15.1%$4.6m75,000+50%added
ENVX ENOVIX CORPORATIONIndustrials15.0%$4.6m250,0000.0%held
CLRUSD CONTINENTAL RES INC–6.8%$2.1m30,955−19%reduced
BILL BILL HOLDINGS INCTechnology6.5%$2.0m15,000–new
NOC NORTHROP GRUMMAN CORPIndustrials6.2%$1.9m4,000–new
PYPL PAYPAL HLDGS INCFinancial Services5.6%$1.7m20,000–new
SNOW SNOWFLAKE INCTechnology5.6%$1.7m10,000–new
CRWD CROWDSTRIKE HLDGS INCTechnology5.4%$1.6m10,000−33%reduced
PANW PALO ALTO NETWORKS INCTechnology5.4%$1.6m10,000+100%added
WOLF WOLFSPEED INCTechnology5.1%$1.6m15,000–new
ASPN ASPEN AEROGELS INCBasic Materials5.0%$1.5m167,119+56%added
PR PERMIAN RESOURCES CORPEnergy3.9%$1.2m175,000–new
NFLX NETFLIX INC.Communication Services3.9%$1.2m5,000–new
APA APA CORPORATIONEnergy3.4%$1.0m30,000−40%reduced
DBRG DIGITALBRIDGE GROUP INCFinancial Services3.3%$1.0m80,000–new
DDOG DATADOG INCTechnology2.9%$888k10,000–new
FREYR BATTERY no ticker–1.2%$356k25,000–new

Exited since Q2 2022

9 rows
CLNSEUR DIGITALBRIDGE GROUP INC14.4%$4.9m
HAL HALLIBURTON CO9.7%$3.3m
MOS MOSAIC CO8.4%$2.8m
FANG DIAMONDBACK ENERGY INC7.2%$2.4m
EOG EOG Resources Inc4.9%$1.7m
DVN DEVON ENERGY CORP NEW4.1%$1.4m
NTR NUTRIEN LTD3.5%$1.2m
SBOWEUR SILVERBOW RES INC1.3%$425k
LBRT LIBERTY ENERGY INC0.8%$255k

Sector mix

  • Technology30.8%
  • Energy22.3%
  • Industrials21.2%
  • Financial Services8.9%
  • Unclassified7.9%
  • Basic Materials5.0%
  • Communication Services3.9%

Book over time

Every quarter on file (15)
QuarterPositionsEquity book
Q3 202217$30.6m
Q2 202216$33.8m
Q1 202218$47.0m
Q4 202110$51.0m
Q3 201529$33.8m
Q2 201524$38.4m
Q1 201529$46.7m
Q4 201437$54.1m
Q3 201428$57.6m
Q2 201432$101m
Q1 201430$102m
Q4 201332$110m
Q3 201333$115m
Q2 201333$108m
Q1 200352$99.6m

Where Afton Capital Management LLC was early

23 rows
GLDD GREAT LAKES DREDGE & DOCK CORPQ3 20132 of 801.4%1.9%3Exited by Q2 2014+23%
EXP EAGLE MATERIALS INC. CMNQ4 20131 of 1343.9%5.3%4Exited by Q4 2014+32%
OSG AMBAC FINANCIAL GROUP, INC. CMNQ4 20131 of 871.7%4.6%3Exited by Q3 2014+11%
AAOI APPLIED OPTOELECTRONICS, INC. CMNQ1 20141 of 1462.2%2.3%3Exited by Q4 2014−35%
PARR PAR PETROLEUM CORP CMNQ1 20141 of 1161.8%1.9%2Exited by Q3 2014+1.4%
MBI MBIA INC CMNQ1 20143 of 731.4%1.4%2Exited by Q3 2014−21%
AGO ASSURED GUARANTY LTD. CMNQ1 20147 of 1003.0%3.4%2Exited by Q3 2014−3.2%
KONA KONA GRILL, INC. CMNQ2 20141 of 231.0%3.1%4Exited by Q2 2015+46%
MTG MGIC INVESTMENT CORP COMMON STOCKQ2 201410 of 1294.1%4.1%2Exited by Q1 2015+0.9%
ULTA ULTA SALON COSMETICS & FRAGRAN*CE INC. CMNQ3 20147 of 1783.1%3.3%2Exited by Q1 2015+8.2%
META FACEBOOK, INC. CMN CLASS AQ3 201436 of 3845.5%5.5%2Exited by Q1 2015−1.3%
SCOR COMSCORE, INC. CMNQ4 20143 of 684.2%5.4%3Exited by Q3 2015+15%
DDD 3 D SYSTEMS CORP (NEW) CMNQ4 20144 of 1001.5%2.6%2Exited by Q2 2015−17%
TNET TRINET GROUP INC CMNQ4 20144 of 1253.8%4.9%2Exited by Q2 2015+13%
LNWO SCIENTIFIC GAMES CORPORATION CMN CLASS AQ4 20147 of 1222.8%6.1%3Exited by Q4 2021−18%
FANG DIAMONDBACK ENERGY INCQ1 20158 of 1904.4%7.2%4Exited by Q3 2022+58%
PANW PALO ALTO NETWORKS INCQ1 20158 of 2424.4%7.3%5Held at last filing, Q3 2022+236%
BKD BROOKDALE SENIOR LIVING, INC. CMNQ1 201511 of 1503.6%5.4%2Exited by Q3 2015−8.1%
LEN LENNAR CORPORATION CMN CLASS AQ1 201513 of 1993.5%3.5%2Exited by Q3 2015−1.5%
REI RING ENERGY, INC. CMNQ2 20152 of 715.8%5.8%2Exited by Q4 2021−12%
PFPT PROOFPOINT INC CMNQ2 20157 of 1122.5%3.6%2Exited by Q4 2021−5.3%
FIS FIDELITY NATL INFO SVCS INC CMNQ2 201511 of 2254.8%4.8%2Exited by Q4 2021+8.5%
LBRT LIBERTY ENERGY INCQ1 20225 of 1423.3%3.3%2Exited by Q3 2022−14%

Concentration and tenure

7.8%
Median largest position, all quarters
The largest single position as a share of the reported equity book.
50.4%
Median top 10 weight, all quarters
The ten largest positions together, as a share of the reported equity book.
Concentrated
Style, by median largest position
1
Median completed holding, quarters