WhaleCreep

Afton Capital Management LLC 13F holdings, Q1 2015

Hedge fundSEC filingsCompare with another fundHoldings as of 2015-03-31, filed 2015-05-14

Afton Capital Management LLC disclosed 29 US equity positions worth $46.7m in its Q1 2015 13F filing. Its largest position is GENCORP INC at 6.5% of the reported book, followed by ATSG* and CARMIKE CINEMAS INC. Versus Q4 2014 it opened 14 new positions, added to 5, reduced 4 and exited 22.

$46.7m
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
29
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
6.5%
Largest position
The largest single position as a share of the reported equity book.
50.4%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
24
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 Q4 2014: 14 new, 5 added, 4 reduced, 22 exited

29 rows
GENCORP INC no ticker–6.5%$3.1m131,908−23%reduced
ATSG* AIR TRANSPORT SERVICES GRP I–6.1%$2.9m310,221−10%reduced
CARMIKE CINEMAS INC no ticker–5.9%$2.8m82,179+14%added
SCOR COMSCORE INCTechnology5.4%$2.5m49,0000.0%held
TNET TRINET GROUP INCIndustrials4.9%$2.3m65,0000.0%held
FANG DIAMONDBACK ENERGY INCEnergy4.4%$2.1m27,000–new
WTS/BANK OF AMERICA CORP 13.3000 EXP01/16/2019 no ticker–4.4%$2.1m350,000+17%added
PANW PALO ALTO NETWORKS INCTechnology4.4%$2.0m14,000–new
CCOI COGENT COMMUNICATIONS HLDGSCommunication Services4.2%$1.9m55,000–new
ZAYOEUR ZAYO GROUP HLDGS INC–4.1%$1.9m69,0000.0%held
U S G CORP no ticker–3.7%$1.7m64,000+4.9%added
BKD BROOKDALE SR LIVING INCHealthcare3.6%$1.7m45,000–new
VANTIV INC no ticker–3.6%$1.7m45,000–new
S9Q SPIRIT AEROSYSTEMS HLDGS INC–3.6%$1.7m32,000–new
LEN LENNAR CORPConsumer Cyclical3.5%$1.7m32,000–new
M Macy's, IncConsumer Cyclical3.2%$1.5m23,000–new
APC3EUR ANADARKO PETE CORP–3.2%$1.5m18,000–new
KAPSTONE PAPER & PACKAGING C no ticker–3.2%$1.5m45,000–new
KONA KONA GRILL INC–3.1%$1.5m51,1750.0%held
OASEUR OASIS PETE INC NEW–2.7%$1.3m90,000–new
DISH DISH NETWORK CORPORATION–2.7%$1.3m18,000–new
DDD 3D SYS CORP DELTechnology2.6%$1.2m44,300+82%added
SNEUR SANCHEZ ENERGY CORP–2.5%$1.2m90,000–new
PENN VA CORP no ticker–2.4%$1.1m171,000+41%added
KINDER MORGAN INC DEL no ticker–2.2%$1.0m250,0000.0%held
PRMWUSD PRIMO WTR CORP–1.4%$666k127,2750.0%held
MNKD MANNKIND CORPHealthcare1.3%$588k113,000–new
HABTEUR HABIT RESTAURANTS INC–0.7%$321k10,000−75%reduced
CUI GLOBAL INC no ticker–0.4%$202k34,500−47%reduced

Exited since Q4 2014

22 rows
HHH HOWARD HUGHES CORP5.1%$2.8m
META META PLATFORMS INC4.6%$2.5m
ROCK-TENN CO no ticker3.7%$2.0m
KATE SPADE & CO no ticker3.6%$2.0m
MTG MGIC INVT CORP WIS3.5%$1.9m
GT GOODYEAR TIRE & RUBR CO3.4%$1.9m
ULTA ULTA BEAUTY INC3.3%$1.8m
JBLU JETBLUE AIRWAYS CORP3.2%$1.7m
WTS/AMERICAN INTERNATIONAL GRO 45.0000 EXP01/19/2021 no ticker2.9%$1.6m
LNWO LIGHT & WONDER INC2.8%$1.5m
EOG EOG Resources Inc2.7%$1.5m
LUV Southwest Airlines Co.2.5%$1.4m
SAVEEUR SPIRIT AIRLS INC2.2%$1.2m
COBALT INTL ENERGY INC no ticker2.0%$1.1m
DAL DELTA AIR LINES INC1.8%$984k
TUESUSD TUESDAY MORNING CORP1.8%$966k
CLRUSD CONTINENTAL RES INC1.7%$932k
NMIH NMI HLDGS INC1.7%$913k
ZOES KITCHEN INC no ticker0.9%$479k
CALY CALLAWAY GOLF CO0.8%$443k
SSE1EUR SEVENTY SEVEN ENERGY INC0.4%$219k
WTS MAGNUM RESOURCES CORP EXP 04/15/2016 no ticker0.0%$2.0k

Sector mix

  • Unclassified62.5%
  • Technology12.3%
  • Consumer Cyclical6.7%
  • Industrials4.9%
  • Healthcare4.9%
  • Energy4.4%
  • Communication Services4.2%

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