WhaleCreep

Afton Capital Management LLC 13F holdings, Q2 2015

Hedge fundSEC filingsCompare with another fundHoldings as of 2015-06-30, filed 2015-08-14

Afton Capital Management LLC disclosed 24 US equity positions worth $38.4m in its Q2 2015 13F filing. Its largest position is ATSG* at 8.3% of the reported book, followed by LNWO and REI. Versus Q1 2015 it opened 13 new positions, added to 2, reduced 7 and exited 18.

$38.4m
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
24
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
8.3%
Largest position
The largest single position as a share of the reported equity book.
56.8%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
21
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 Q1 2015: 13 new, 2 added, 7 reduced, 18 exited

24 rows
ATSG* AIR TRANSPORT SERVICES GRP I–8.3%$3.2m305,221−1.6%reduced
LNWO LIGHT & WONDER INCConsumer Cyclical6.1%$2.3m150,000–new
REI RING ENERGY INCEnergy5.8%$2.2m200,000–new
WTS/BANK OF AMERICA CORP 13.3000 EXP01/16/2019 no ticker–5.6%$2.2m350,0000.0%held
BKD BROOKDALE SR LIVING INCHealthcare5.4%$2.1m59,600+32%added
OC Owens Corning IncIndustrials5.4%$2.1m50,000–new
CARMIKE CINEMAS INC no ticker–5.2%$2.0m75,379−8.3%reduced
SCOR COMSCORE INCTechnology5.1%$1.9m36,500−26%reduced
TMUS T-MOBILE US INCCommunication Services5.1%$1.9m50,000–new
FIS FIDELITY NATL INFORMATION SVTechnology4.8%$1.9m30,000–new
FANG DIAMONDBACK ENERGY INCEnergy4.8%$1.8m24,300−10.0%reduced
RSP PERMIAN INC no ticker–4.8%$1.8m65,000–new
FEYECHF FIREEYE INC–4.5%$1.7m35,000–new
PANW PALO ALTO NETWORKS INCTechnology4.3%$1.7m9,500−32%reduced
AJRDEUR AEROJET ROCKETDYNE HLDGS INC–4.1%$1.6m76,908–new
SPLKCHF SPLUNK INC–3.6%$1.4m20,000–new
VANTIV INC no ticker–2.9%$1.1m29,600−34%reduced
LEN LENNAR CORPConsumer Cyclical2.7%$1.0m20,000−38%reduced
PFPT PROOFPOINT INC–2.5%$955k15,000–new
TOL TOLL BROTHERS INCConsumer Cyclical2.5%$955k25,000–new
KINDER MORGAN INC DEL no ticker–2.5%$945k350,000+40%added
PRMWUSD PRIMO WTR CORP–1.9%$728k127,2750.0%held
ACTUA CORP no ticker–1.5%$559k39,200–new
MEMORIAL RESOURCE DEV CORP no ticker–0.7%$285k15,000–new

Exited since Q1 2015

18 rows
GENCORP INC no ticker6.5%$3.1m
TNET TRINET GROUP INC4.9%$2.3m
CCOI COGENT COMMUNICATIONS HLDGS4.2%$1.9m
ZAYOEUR ZAYO GROUP HLDGS INC4.1%$1.9m
U S G CORP no ticker3.7%$1.7m
S9Q SPIRIT AEROSYSTEMS HLDGS INC3.6%$1.7m
M Macy's, Inc3.2%$1.5m
APC3EUR ANADARKO PETE CORP3.2%$1.5m
KAPSTONE PAPER & PACKAGING C no ticker3.2%$1.5m
KONA KONA GRILL INC3.1%$1.5m
OASEUR OASIS PETE INC NEW2.7%$1.3m
DISH DISH NETWORK CORPORATION2.7%$1.3m
DDD 3D SYS CORP DEL2.6%$1.2m
SNEUR SANCHEZ ENERGY CORP2.5%$1.2m
PENN VA CORP no ticker2.4%$1.1m
MNKD MANNKIND CORP1.3%$588k
HABTEUR HABIT RESTAURANTS INC0.7%$321k
CUI GLOBAL INC no ticker0.4%$202k

Sector mix

  • Unclassified48.1%
  • Technology14.2%
  • Consumer Cyclical11.2%
  • Energy10.6%
  • Healthcare5.4%
  • Industrials5.4%
  • Communication Services5.1%

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