Rubric Capital Management 13F holdings, Q4 2017
Holdings as of December 31, 2017 · filings on SEC EDGAR · latest filing →
Rubric Capital Management disclosed 49 US equity positions worth $796.1m in its Q4 2017 13F filing. The largest position was CNDT at 5.8% of the reported book, followed by RYAM and HRTX. Against the Q3 2017 filing, it opened 18 new positions, added to 17 and reduced 9 among the top 49 holdings.
What did Rubric Capital Management own in Q4 2017? Top 49 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2017 |
|---|---|---|---|---|---|---|---|
| 1 | CNDT CONDUENT INC | Technology | 5.8% | $46.1m | 2,850,000 | 55% | added |
| 2 | RYAM RAYONIER ADVANCED MATLS INC | Basic Materials | 5.3% | $42.1m | 2,056,733 | 20% | added |
| 3 | HRTX HERON THERAPEUTICS INC | Healthcare | 5.0% | $39.8m | 2,197,312 | 16% | added |
| 4 | CSTM CONSTELLIUM NV | Basic Materials | 4.6% | $36.8m | 3,300,000 | 191% | added |
| 5 | WSC WILLSCOT CORP | Industrials | 4.4% | $34.9m | 2,750,000 | – | new |
| 6 | CIEN CIENA CORP | Technology | 4.3% | $33.9m | 1,620,653 | 7% | added |
| 7 | MITEL NETWORKS CORP | 3.8% | $30.1m | 3,656,800 | 4370% | added | |
| 8 | NATIONSTAR MTG HLDGS INC | 3.7% | $29.1m | 1,575,000 | 70% | added | |
| 9 | KRATON CORPORATION | 3.4% | $27.0m | 560,000 | -8% | reduced | |
| 10 | STARS GROUP INC/THE | 3.3% | $26.5m | 1,140,500 | -34% | reduced | |
| 11 | HALO HALOZYME THERAPEUTICS INC | Healthcare | 3.3% | $26.1m | 1,290,657 | 65% | added |
| 12 | BRSL INTERNATIONAL GAME TECHNOLOG | Consumer Cyclical | 3.1% | $25.1m | 945,000 | 17% | added |
| 13 | MGM MGM RESORTS INTERNATIONAL | Consumer Cyclical | 3.1% | $25.0m | 750,000 | – | new |
| 14 | FLEXION THERAPEUTICS INC | 3.1% | $24.3m | 970,000 | – | new | |
| 15 | MU MICRON TECHNOLOGY INC | Technology | 2.9% | $23.4m | 570,000 | -5% | reduced |
| 16 | MX MAGNACHIP SEMICONDUCTOR CORP | Technology | 2.8% | $22.4m | 2,250,500 | 0% | held |
| 17 | XPER XPERI CORP | Technology | 2.8% | $22.0m | 900,000 | 47% | added |
| 18 | GMS INC | 2.7% | $21.6m | 575,000 | -15% | reduced | |
| 19 | C&J ENERGY SVCS INC NEW | 2.6% | $20.4m | 610,857 | 21% | added | |
| 20 | DAR DARLING INGREDIENTS INC | Consumer Defensive | 2.3% | $18.1m | 1,000,000 | – | new |
| 21 | AIR AAR CORP | Industrials | 2.2% | $17.5m | 444,797 | – | new |
| 22 | TIME WARNER INC | 2.0% | $16.2m | 176,764 | – | new | |
| 23 | ICHR ICHOR HOLDINGS | Technology | 2.0% | $15.9m | 644,541 | – | new |
| 24 | RENEWABLE ENERGY GROUP INC | 1.8% | $14.2m | 1,199,173 | 34% | added | |
| 25 | PARTY CITY HOLDCO INC | 1.6% | $12.6m | 900,000 | 15% | added | |
| 26 | OSIS OSI SYSTEMS INC | Technology | 1.5% | $12.3m | 191,080 | – | new |
| 27 | APPTIO INC | 1.5% | $12.0m | 509,238 | -24% | reduced | |
| 28 | PTEN PATTERSON UTI ENERGY INC | Energy | 1.5% | $11.8m | 513,768 | -35% | reduced |
| 29 | MDCA MDC PARTNERS INC | 1.4% | $11.2m | 1,150,900 | 0% | held | |
| 30 | DONNELLEY FINL SOLUTIONS INC | 1.4% | $11.2m | 574,050 | 17% | added | |
| 31 | EQT EQT CORP | Energy | 1.3% | $10.0m | 175,000 | 127% | added |
| 32 | OCEAN RIG UDW INC | 1.1% | $8.7m | 326,229 | – | new | |
| 33 | BAK BRASKEM S A | Basic Materials | 1.1% | $8.7m | 330,353 | -14% | reduced |
| 34 | RAYONIER ADVANCED MATLS INC | 0.9% | $7.3m | 50,220 | – | new | |
| 35 | OSG AMBAC FINL GROUP INC | Financial Services | 0.8% | $6.6m | 412,844 | – | new |
| 36 | ECLIPSE RES CORP | 0.8% | $6.5m | 2,700,000 | 50% | added | |
| 37 | GPOR GULFPORT ENERGY CORP | Energy | 0.6% | $4.8m | 380,000 | – | new |
| 38 | ERII ENERGY RECOVERY INC | Industrials | 0.6% | $4.5m | 508,536 | -21% | reduced |
| 39 | BLDR BUILDERS FIRSTSOURCE INC | Industrials | 0.5% | $4.4m | 200,000 | -66% | reduced |
| 40 | MERRIMACK PHARMACEUTICALS IN | 0.5% | $4.2m | 410,244 | 21% | added | |
| 41 | MOSAIC ACQUISITION CORP | 0.4% | $3.5m | 350,000 | – | new | |
| 42 | SPB SPECTRUM BRANDS HLDGS INC | Consumer Defensive | 0.4% | $3.5m | 31,116 | – | new |
| 43 | VANTAGE ENERGY ACQUISITION | 0.4% | $3.1m | 300,000 | 0% | held | |
| 44 | ADVERUM BIOTECHNOLOGIES INC | 0.4% | $2.8m | 800,000 | – | new | |
| 45 | WSC WILLSCOT CORP | 0.3% | $2.0m | 1,400,000 | – | new | |
| 46 | CONE MIDSTREAM PARTNERS LP | 0.2% | $1.8m | 109,667 | – | new | |
| 47 | NABRIVA THERAPEUTICS PLC | 0.2% | $1.8m | 300,000 | 0% | held | |
| 48 | MIDSTATES PETE CO INC | 0.2% | $1.7m | 100,090 | 0% | held | |
| 49 | TELLURIAN INC NEW | 0.1% | $731.0k | 75,000 | – | 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.