WhaleCreep

Afton Capital Management LLC 13F holdings, Q3 2015

Hedge fundSEC filingsCompare with another fundHoldings as of 2015-09-30, filed 2015-11-16

Afton Capital Management LLC disclosed 29 US equity positions worth $33.8m in its Q3 2015 13F filing. Its largest position is ATSG* at 7.5% of the reported book, followed by WTS/BANK OF AMERICA CORP 13.3000 EXP01/16/2019 and PANW. Versus Q2 2015 it opened 14 new positions, added to 5, reduced 6 and exited 9.

$33.8m
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.
7.5%
Largest position
The largest single position as a share of the reported equity book.
52.3%
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 Q2 2015: 14 new, 5 added, 6 reduced, 9 exited

29 rows
ATSG* AIR TRANSPORT SERVICES GRP I–7.5%$2.5m295,221−3.3%reduced
WTS/BANK OF AMERICA CORP 13.3000 EXP01/16/2019 no ticker–5.9%$2.0m350,0000.0%held
PANW PALO ALTO NETWORKS INCTechnology5.8%$2.0m11,500+21%added
REI RING ENERGY INCEnergy5.8%$2.0m200,0000.0%held
FANG DIAMONDBACK ENERGY INCEnergy5.7%$1.9m30,000+23%added
AKAM AKAMAI TECHNOLOGIES INCTechnology5.1%$1.7m25,000–new
CIEN CIENA CORPTechnology4.3%$1.4m70,000–new
CRM SALESFORCE INCTechnology4.1%$1.4m20,000–new
SPLKCHF SPLUNK INC–4.1%$1.4m25,000+25%added
LNWO LIGHT & WONDER INCConsumer Cyclical3.9%$1.3m125,000−17%reduced
FTNT FORTINET INCTechnology3.8%$1.3m30,000–new
FEYECHF FIREEYE INC–3.8%$1.3m40,000+14%added
PFPT PROOFPOINT INC–3.6%$1.2m20,000+33%added
V VISA INCFinancial Services3.1%$1.0m15,000–new
NOW SERVICENOW INCTechnology3.1%$1.0m15,000–new
FIS FIDELITY NATL INFORMATION SVTechnology3.0%$1.0m15,000−50%reduced
CCL CARNIVAL CORPConsumer Cyclical2.9%$994k20,000–new
IMPERVA INC no ticker–2.9%$982k15,000–new
PXDEUR PIONEER NAT RES CO–2.9%$973k8,000–new
PRMWUSD PRIMO WTR CORP–2.8%$961k127,2750.0%held
STARZ no ticker–2.8%$934k25,000–new
PRKS UNITED PARKS & RESORTS INCConsumer Cyclical2.1%$712k40,000–new
FLT1EUR FLEETCOR TECHNOLOGIES INC–2.0%$688k5,000–new
AJRDEUR AEROJET ROCKETDYNE HLDGS INC–2.0%$678k41,908−46%reduced
AVAGO TECHNOLOGIES LTD no ticker–1.8%$625k5,000–new
OIEUR OWENS ILL INC–1.8%$622k30,000–new
RSP PERMIAN INC no ticker–1.8%$608k30,000−54%reduced
ACTUA CORP no ticker–1.4%$461k39,2000.0%held
KINDER MORGAN INC DEL no ticker–0.2%$69.0k75,000−79%reduced

Exited since Q2 2015

9 rows
BKD BROOKDALE SR LIVING INC5.4%$2.1m
OC Owens Corning Inc5.4%$2.1m
CARMIKE CINEMAS INC no ticker5.2%$2.0m
SCOR COMSCORE INC5.1%$1.9m
TMUS T-MOBILE US INC5.1%$1.9m
VANTIV INC no ticker2.9%$1.1m
LEN LENNAR CORP2.7%$1.0m
TOL TOLL BROTHERS INC2.5%$955k
MEMORIAL RESOURCE DEV CORP no ticker0.7%$285k

Sector mix

  • Unclassified47.3%
  • Technology29.2%
  • Energy11.6%
  • Consumer Cyclical8.9%
  • Financial Services3.1%

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