Rubric Capital Management 13F holdings, Q1 2017
Holdings as of March 31, 2017 · filings on SEC EDGAR · latest filing →
Rubric Capital Management disclosed 31 US equity positions worth $324.0m in its Q1 2017 13F filing. The largest position was XPER at 7.9% of the reported book, followed by HRTX and KRATON CORPORATION. Against the Q4 2016 filing, it opened 14 new positions, added to 13 and reduced 2 among the top 31 holdings.
What did Rubric Capital Management own in Q1 2017? Top 31 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2016 |
|---|---|---|---|---|---|---|---|
| 1 | XPER XPERI CORP | Technology | 7.9% | $25.5m | 750,000 | – | new |
| 2 | HRTX HERON THERAPEUTICS INC | Healthcare | 7.4% | $24.0m | 1,600,000 | 191% | added |
| 3 | KRATON CORPORATION | 5.5% | $17.8m | 575,000 | 188% | added | |
| 4 | GMS INC | 5.4% | $17.5m | 500,000 | 102% | added | |
| 5 | NATIONSTAR MTG HLDGS INC | 5.4% | $17.5m | 1,109,540 | 14% | added | |
| 6 | BAK BRASKEM S A | Basic Materials | 5.3% | $17.2m | 846,824 | 1311% | added |
| 7 | CNDT CONDUENT INC | Technology | 5.2% | $16.8m | 1,000,000 | 174% | added |
| 8 | MX MAGNACHIP SEMICONDUCTOR CORP | Technology | 5.0% | $16.2m | 1,700,000 | 6% | added |
| 9 | IRWD IRONWOOD PHARMACEUTICALS INC | Healthcare | 4.5% | $14.5m | 850,000 | -33% | reduced |
| 10 | GPK GRAPHIC PACKAGING HLDG CO | Consumer Cyclical | 4.1% | $13.4m | 1,040,000 | – | new |
| 11 | BYD BOYD GAMING CORP | Consumer Cyclical | 3.8% | $12.4m | 562,000 | – | new |
| 12 | HRI HERC HLDGS INC | Industrials | 3.5% | $11.4m | 232,840 | – | new |
| 13 | MDCA MDC PARTNERS INC | 3.2% | $10.5m | 1,114,400 | 219% | added | |
| 14 | PARR PAR PACIFIC HOLDINGS INC | Energy | 3.2% | $10.4m | 630,000 | 40% | added |
| 15 | SYNCHRONOSS TECHNOLOGIES INC | 3.0% | $9.8m | 400,000 | – | new | |
| 16 | RICE ENERGY INC | 2.9% | $9.5m | 401,000 | – | new | |
| 17 | PARTY CITY HOLDCO INC | 2.9% | $9.3m | 665,000 | – | new | |
| 18 | EXTRACTION OIL AND GAS INC | 2.6% | $8.4m | 455,000 | – | new | |
| 19 | FORTERRA INC | 2.4% | $7.9m | 405,484 | 103% | added | |
| 20 | MITEL NETWORKS CORP | 2.4% | $7.9m | 1,137,389 | 112% | added | |
| 21 | DELL DELL TECHNOLOGIES INC | Technology | 2.4% | $7.8m | 121,000 | 0% | held |
| 22 | CSTM CONSTELLIUM NV | Basic Materials | 2.1% | $6.8m | 1,050,000 | – | new |
| 23 | ANTARES PHARMA INC | 2.1% | $6.7m | 2,371,970 | 104% | added | |
| 24 | GOL LINHAS AEREAS INTLG S A | 1.6% | $5.2m | 196,721 | 154% | added | |
| 25 | TERRAFORM PWR INC | 1.5% | $5.0m | 404,970 | – | new | |
| 26 | CSX CSX CORP | Industrials | 1.4% | $4.7m | 100,000 | – | new |
| 27 | ECLIPSE RES CORP | 1.3% | $4.3m | 1,700,000 | – | new | |
| 28 | ORBOTECH LTD | 0.9% | $3.1m | 94,800 | – | new | |
| 29 | MIDSTATES PETE CO INC | 0.4% | $1.4m | 76,090 | 0% | held | |
| 30 | SILVER RUN ACQUISITION | 0.3% | $1.0m | 100,000 | – | new | |
| 31 | OMER OMEROS CORP | 0.1% | $186.0k | 12,279 | -75% | reduced |
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.