WhaleCreep

Afton Capital Management LLC 13F holdings, Q3 2013

Hedge fundSEC filingsCompare with another fundHoldings as of 2013-09-30, filed 2013-11-13

Afton Capital Management LLC disclosed 33 US equity positions worth $115.4m in its Q3 2013 13F filing. Its largest position is MAGNUM HUNTER RES CORP DEL at 6.7% of the reported book, followed by NATIONSTAR MTG HLDGS INC and OCN2EUR. Versus Q2 2013 it opened 4 new positions, added to 4, reduced 6 and exited 4.

$115m
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
33
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
6.7%
Largest position
The largest single position as a share of the reported equity book.
47.8%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
27
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 2013: 4 new, 4 added, 6 reduced, 4 exited

33 rows
MAGNUM HUNTER RES CORP DEL no ticker–6.7%$7.8m1.26m0.0%held
NATIONSTAR MTG HLDGS INC no ticker–5.9%$6.8m121,7060.0%held
OCN2EUR OCWEN FINL CORP–5.2%$6.0m108,0270.0%held
GPOR GULFPORT ENERGY CORPEnergy5.0%$5.8m90,3150.0%held
GRA1EUR GRACE W R & CO DEL NEW–4.8%$5.5m63,413+19%added
GOODRICH PETE CORP no ticker–4.3%$5.0m206,359+14%added
LYONDELLBASELL INDUSTRIES NV no ticker–4.3%$5.0m68,063−31%reduced
APC3EUR ANADARKO PETE CORP–4.2%$4.9m52,7060.0%held
KINDER MORGAN INC DEL no ticker–3.9%$4.5m903,472+20%added
HOUSEUR ANYWHERE REAL ESTATE INC–3.3%$3.8m88,3370.0%held
HHH HOWARD HUGHES CORPReal Estate3.2%$3.7m33,128−23%reduced
SYNOVUS FINL CORP no ticker–3.1%$3.6m1.08m−10%reduced
WCI CMNTYS INC no ticker–3.0%$3.5m201,300–new
STANDARD PAC CORP NEW no ticker–3.0%$3.4m433,2840.0%held
OC Owens Corning IncIndustrials2.8%$3.3m86,2110.0%held
CARMIKE CINEMAS INC no ticker–2.8%$3.2m146,270−9.3%reduced
NEWCASTLE INVT CORP no ticker–2.7%$3.1m553,0780.0%held
GENCORP INC no ticker–2.7%$3.1m193,3080.0%held
DOORUSD MASONITE INTL CORP–2.7%$3.1m63,000–new
TUESUSD TUESDAY MORNING CORP–2.6%$3.1m200,0000.0%held
BZH BEAZER HOMES USA INCConsumer Cyclical2.5%$2.9m161,1800.0%held
PHM PULTE GROUP INCConsumer Cyclical2.5%$2.9m175,5760.0%held
NEW RESIDENTIAL INVT CORP no ticker–2.5%$2.9m436,4660.0%held
ATSG* AIR TRANSPORT SERVICES GRP I–2.5%$2.9m385,521+64%added
TOL TOLL BROTHERS INCConsumer Cyclical2.4%$2.8m86,9800.0%held
MICHAEL KORS HLDGS LTD no ticker–1.7%$1.9m25,784−54%reduced
WTS/AMERICAN INTERNATIONAL GRO 45.0000 EXP01/19/2021 no ticker–1.6%$1.9m100,0000.0%held
CUI GLOBAL INC no ticker–1.6%$1.8m314,5200.0%held
UCTT ULTRA CLEAN HLDGS INCTechnology1.5%$1.8m257,8350.0%held
GLDD GREAT LAKES DREDGE & DOCK CO–1.4%$1.6m220,956–new
FIFTH & PAC COS INC no ticker–1.3%$1.5m59,185−65%reduced
SILICON GRAPHICS INTL CORP no ticker–1.1%$1.2m75,000–new
BLDR BUILDERS FIRSTSOURCE INCIndustrials0.9%$1.0m177,8720.0%held

Exited since Q2 2013

4 rows
PSX PHILLIPS 662.8%$3.0m
MASONITE WORLDWIDE HLDGS no ticker2.5%$2.8m
MEI METHODE ELECTRS INC2.4%$2.6m
AXIALL CORP no ticker2.3%$2.5m

Sector mix

  • Unclassified79.0%
  • Consumer Cyclical7.5%
  • Energy5.0%
  • Industrials3.7%
  • Real Estate3.2%
  • Technology1.5%

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