Rubric Capital Management 13F holdings, Q3 2017
Holdings as of September 30, 2017 · filings on SEC EDGAR · latest filing →
Rubric Capital Management disclosed 50 US equity positions worth $629.6m in its Q3 2017 13F filing. The largest position was STARS GROUP INC at 5.6% of the reported book, followed by CIEN and HRTX. Against the Q2 2017 filing, it opened 17 new positions, added to 20 and reduced 10 among the top 50 holdings.
What did Rubric Capital Management own in Q3 2017? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2017 |
|---|---|---|---|---|---|---|---|
| 1 | STARS GROUP INC | 5.6% | $35.3m | 1,728,700 | – | new | |
| 2 | CIEN CIENA CORP | Technology | 5.3% | $33.4m | 1,519,025 | – | new |
| 3 | HRTX HERON THERAPEUTICS INC | Healthcare | 4.9% | $30.7m | 1,900,000 | 12% | added |
| 4 | CNDT CONDUENT INC | Technology | 4.6% | $28.8m | 1,834,801 | 56% | added |
| 5 | MX MAGNACHIP SEMICONDUCTOR CORP | Technology | 4.1% | $25.5m | 2,250,500 | 17% | added |
| 6 | ALTABA INC | 3.9% | $24.7m | 373,000 | 53% | added | |
| 7 | KRATON CORPORATION | 3.9% | $24.6m | 607,952 | 509% | added | |
| 8 | NKTR NEKTAR THERAPEUTICS | Healthcare | 3.8% | $23.9m | 996,835 | – | new |
| 9 | GMS INC | 3.8% | $23.9m | 675,000 | 49% | added | |
| 10 | DOUBLE EAGLE ACQUISITION COR | 3.8% | $23.6m | 2,340,997 | – | new | |
| 11 | MU MICRON TECHNOLOGY INC | Technology | 3.7% | $23.6m | 600,000 | 131% | added |
| 12 | RYAM RAYONIER ADVANCED MATLS INC | Basic Materials | 3.7% | $23.5m | 1,714,864 | 171% | added |
| 13 | BRSL INTERNATIONAL GAME TECHNOLOG | Consumer Cyclical | 3.2% | $19.9m | 809,904 | – | new |
| 14 | NATIONSTAR MTG HLDGS INC | 2.7% | $17.2m | 923,774 | 15% | added | |
| 15 | PTEN PATTERSON UTI ENERGY INC | Energy | 2.6% | $16.6m | 793,000 | – | new |
| 16 | XPER XPERI CORP | Technology | 2.5% | $15.5m | 613,769 | 44% | added |
| 17 | C&J ENERGY SVCS INC NEW | 2.4% | $15.2m | 506,857 | – | new | |
| 18 | SC SANTANDER CONSUMER USA HDG I | 2.2% | $14.0m | 907,839 | – | new | |
| 19 | HALO HALOZYME THERAPEUTICS INC | Healthcare | 2.2% | $13.6m | 783,000 | 161% | added |
| 20 | MDCA MDC PARTNERS INC | 2.0% | $12.6m | 1,146,401 | -6% | reduced | |
| 21 | AMKR AMKOR TECHNOLOGY INC | Technology | 2.0% | $12.5m | 1,188,718 | 51% | added |
| 22 | APPTIO INC | 2.0% | $12.3m | 668,628 | 12% | added | |
| 23 | CSTM CONSTELLIUM NV | Basic Materials | 1.8% | $11.6m | 1,135,116 | 3% | added |
| 24 | EXTRACTION OIL AND GAS INC | 1.8% | $11.4m | 740,000 | -32% | reduced | |
| 25 | RENEWABLE ENERGY GROUP INC | 1.7% | $10.8m | 892,068 | 513% | added | |
| 26 | BLDR BUILDERS FIRSTSOURCE INC | Industrials | 1.7% | $10.6m | 589,230 | 99% | added |
| 27 | PARTY CITY HOLDCO INC | 1.7% | $10.6m | 782,135 | 100% | added | |
| 28 | DONNELLEY FINL SOLUTIONS INC | 1.7% | $10.6m | 489,943 | 227% | added | |
| 29 | BAK BRASKEM S A | Basic Materials | 1.6% | $10.3m | 384,725 | 30% | added |
| 30 | ENVISION HEALTHCARE CORP | 1.4% | $9.0m | 200,000 | – | new | |
| 31 | PARR PAR PACIFIC HOLDINGS INC | Energy | 1.1% | $6.7m | 320,336 | -50% | reduced |
| 32 | RICE ENERGY INC | 1.0% | $6.6m | 228,000 | -42% | reduced | |
| 33 | TTMI TTM TECHNOLOGIES INC | Technology | 1.0% | $6.5m | 425,000 | – | new |
| 34 | CARS CARS COM INC | Communication Services | 0.8% | $5.3m | 200,700 | – | new |
| 35 | BUNGE LIMITED | 0.8% | $5.2m | 75,000 | – | new | |
| 36 | ERII ENERGY RECOVERY INC | Industrials | 0.8% | $5.1m | 645,190 | 0% | held |
| 37 | EQT EQT CORP | Energy | 0.8% | $5.0m | 77,000 | -28% | reduced |
| 38 | MERRIMACK PHARMACEUTICALS IN | 0.8% | $4.9m | 337,868 | – | new | |
| 39 | BBX CAP CORP NEW | 0.8% | $4.8m | 657,845 | – | new | |
| 40 | ECLIPSE RES CORP | 0.7% | $4.5m | 1,805,958 | -28% | reduced | |
| 41 | BMCH BMC STK HLDGS INC | 0.6% | $4.0m | 188,143 | 73% | added | |
| 42 | VANTAGE ENERGY ACQUISITION | 0.5% | $3.1m | 300,000 | 0% | held | |
| 43 | NABRIVA THERAPEUTICS PLC | 0.4% | $2.5m | 300,000 | – | new | |
| 44 | SUCAMPO PHARMACEUTICALS INC | 0.4% | $2.4m | 201,758 | -65% | reduced | |
| 45 | BABCOCK & WILCOX ENTERPRIS I | 0.3% | $2.1m | 625,000 | – | new | |
| 46 | MIDSTATES PETE CO INC | 0.2% | $1.6m | 100,090 | 0% | held | |
| 47 | PPC PILGRIMS PRIDE CORP NEW | Consumer Defensive | 0.2% | $1.5m | 52,681 | -81% | reduced |
| 48 | ANTARES PHARMA INC | 0.2% | $1.1m | 324,076 | -90% | reduced | |
| 49 | MITEL NETWORKS CORP | 0.1% | $685.0k | 81,800 | -94% | reduced | |
| 50 | DOUBLE EAGLE ACQUISITION COR | 0.0% | $207.0k | 300,000 | – | new |
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.