Owl Creek Asset Management 13F holdings, Q1 2009
Holdings as of March 31, 2009 · filings on SEC EDGAR · latest filing →
Owl Creek Asset Management disclosed 21 US equity positions worth $3.3bn in its Q1 2009 13F filing. The largest position was SPY at 69.5% of the reported book, followed by NAV and WMB. Against the Q4 2008 filing, it opened 8 new positions, added to 3 and reduced 5 among the top 21 holdings.
What did Owl Creek Asset Management own in Q1 2009? Top 21 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2008 |
|---|---|---|---|---|---|---|---|
| 1 | SPY SPDR TR UNIT SER 1 | 69.5% | $2.3bn | 29,088,300 | 64% | added | |
| 2 | NAV NAVISTAR INTL CORP NEW | 7.0% | $233.0m | 6,962,965 | 0% | held | |
| 3 | WMB WILLIAMS COS INC DEL | Energy | 5.0% | $165.6m | 14,549,711 | 55% | added |
| 4 | LEAP WIRELESS INTL INC | 4.9% | $164.6m | 4,720,079 | -29% | reduced | |
| 5 | CIGNA CORP | 3.7% | $124.7m | 7,086,847 | -12% | reduced | |
| 6 | FITB FIFTH THIRD BANCORP | Financial Services | 1.4% | $45.2m | 15,469,400 | – | new |
| 7 | BAC BANK OF AMERICA CORPORATION | Financial Services | 1.3% | $44.8m | 6,569,000 | – | new |
| 8 | SCHERING PLOUGH CORP | 1.0% | $33.9m | 1,441,100 | 0% | held | |
| 9 | SUNTRUST BKS INC | 1.0% | $33.5m | 2,853,100 | – | new | |
| 10 | CHESAPEAKE ENERGY CORP | 0.9% | $31.1m | 1,821,100 | – | new | |
| 11 | HIG HARTFORD FINL SVCS GROUP INC | Financial Services | 0.9% | $30.4m | 3,878,100 | – | new |
| 12 | TEXAS INDS INC | 0.6% | $20.4m | 817,000 | 8% | added | |
| 13 | LNC LINCOLN NATL CORP IND | Financial Services | 0.5% | $17.5m | 2,611,404 | – | new |
| 14 | SP ACQUISITION HOLDINGS INC UNIT 99/99/9999 | 0.4% | $14.2m | 1,500,000 | 0% | held | |
| 15 | STLD STEEL DYNAMICS INC | Basic Materials | 0.4% | $13.7m | 1,550,549 | -80% | reduced |
| 16 | CTRA CABOT OIL & GAS CORP | 0.4% | $12.5m | 532,282 | – | new | |
| 17 | UAL CORP | 0.3% | $11.5m | 2,575,000 | -63% | reduced | |
| 18 | MI DEVS INC | 0.3% | $10.3m | 1,672,800 | 0% | held | |
| 19 | GLD SPDR GOLD TRUST GOLD | 0.2% | $5.4m | 59,891 | -45% | reduced | |
| 20 | MAC MACERICH CO | Real Estate | 0.1% | $3.3m | 534,588 | – | new |
| 21 | MIRANT CORP NEW *W EXP 01/03/201 | 0.0% | $343.0k | 428,801 | 0% | held |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.