Rubric Capital Management 13F holdings, Q2 2018
Holdings as of June 30, 2018 · filings on SEC EDGAR · latest filing →
Rubric Capital Management disclosed 41 US equity positions worth $1.0bn in its Q2 2018 13F filing. The largest position was CWH at 6.7% of the reported book, followed by CNDT and BRSL. Against the Q1 2018 filing, it opened 7 new positions, added to 15 and reduced 12 among the top 41 holdings.
What did Rubric Capital Management own in Q2 2018? Top 41 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2018 |
|---|---|---|---|---|---|---|---|
| 1 | CWH CAMPING WORLD HLDGS INC | Consumer Cyclical | 6.7% | $67.4m | 2,700,000 | – | new |
| 2 | CNDT CONDUENT INC | Technology | 6.6% | $66.3m | 3,650,000 | 54% | added |
| 3 | BRSL INTERNATIONAL GAME TECHNOLOG | Consumer Cyclical | 5.3% | $53.9m | 2,320,000 | 64% | added |
| 4 | NATIONSTAR MTG HLDGS INC | 5.2% | $52.7m | 3,003,512 | 15% | added | |
| 5 | FLEXION THERAPEUTICS INC | 5.1% | $51.0m | 1,973,714 | -2% | reduced | |
| 6 | GPOR GULFPORT ENERGY CORP | Energy | 5.0% | $50.3m | 3,999,500 | -19% | reduced |
| 7 | GMS INC | 5.0% | $50.1m | 1,850,000 | 78% | added | |
| 8 | RYAM RAYONIER ADVANCED MATLS INC | Basic Materials | 4.7% | $47.7m | 2,788,487 | 39% | added |
| 9 | MCDERMOTT INTL INC | 4.7% | $47.3m | 2,406,310 | – | new | |
| 10 | HRTX HERON THERAPEUTICS INC | Healthcare | 4.4% | $44.3m | 1,140,247 | -24% | reduced |
| 11 | KLIC KULICKE & SOFFA INDS INC | Technology | 4.2% | $42.9m | 1,800,000 | 117% | added |
| 12 | WSC WILLSCOT CORP | Industrials | 4.0% | $40.7m | 2,750,000 | 0% | held |
| 13 | RENEWABLE ENERGY GROUP INC | 3.5% | $35.1m | 1,963,740 | -15% | reduced | |
| 14 | 8IN SYNEOS HEALTH INC | 3.5% | $35.0m | 746,687 | 581% | added | |
| 15 | KRATON CORPORATION | 3.2% | $32.3m | 700,000 | -31% | reduced | |
| 16 | ICHR ICHOR HOLDINGS | Technology | 3.1% | $31.2m | 1,468,508 | -12% | reduced |
| 17 | MX MAGNACHIP SEMICONDUCTOR CORP | Technology | 3.0% | $30.8m | 3,000,000 | 28% | added |
| 18 | BLDR BUILDERS FIRSTSOURCE INC | Industrials | 2.9% | $29.3m | 1,600,000 | 156% | added |
| 19 | OSG AMBAC FINL GROUP INC | Financial Services | 2.8% | $27.8m | 1,400,000 | 149% | added |
| 20 | CSTM CONSTELLIUM NV | Basic Materials | 2.4% | $23.9m | 2,319,239 | -10% | reduced |
| 21 | PARTY CITY HOLDCO INC | 1.8% | $18.7m | 1,225,000 | 32% | added | |
| 22 | SD SANDRIDGE ENERGY INC | Energy | 1.7% | $17.2m | 969,400 | 205% | added |
| 23 | SPIRIT MTA REIT | 1.7% | $16.9m | 1,637,856 | – | new | |
| 24 | WMIH CORP | 1.3% | $12.9m | 9,655,500 | 120% | added | |
| 25 | OLN OLIN CORP | Basic Materials | 1.2% | $12.5m | 436,455 | -60% | reduced |
| 26 | NTRA NATERA INC | Healthcare | 1.1% | $11.2m | 594,664 | – | new |
| 27 | OCEAN RIG UDW INC | 1.0% | $9.6m | 326,229 | 0% | held | |
| 28 | NAVI NAVIENT CORPORATION | Financial Services | 0.8% | $8.1m | 620,000 | -19% | reduced |
| 29 | RAYONIER ADVANCED MATLS INC | 0.6% | $6.2m | 50,220 | 0% | held | |
| 30 | ECLIPSE RES CORP | 0.6% | $5.8m | 3,611,100 | 13% | added | |
| 31 | CHRS COHERUS BIOSCIENCES INC | Healthcare | 0.5% | $4.8m | 341,490 | -26% | reduced |
| 32 | FOUNDATION BLDG MATLS INC | 0.4% | $3.6m | 231,862 | – | new | |
| 33 | MONEYGRAM INTL INC | 0.3% | $3.5m | 518,820 | – | new | |
| 34 | WSC WILLSCOT CORP | 0.3% | $3.2m | 1,400,000 | 0% | held | |
| 35 | VANTAGE ENERGY ACQUISITION | 0.3% | $3.1m | 300,000 | 0% | held | |
| 36 | TRONC INC | 0.3% | $2.6m | 152,201 | 0% | held | |
| 37 | MERRIMACK PHARMACEUTICALS IN | 0.2% | $2.3m | 476,164 | 0% | held | |
| 38 | MIDSTATES PETE CO INC | 0.2% | $2.2m | 165,000 | 10% | added | |
| 39 | CNX MIDSTREAM PARTNERS LP | 0.2% | $2.2m | 111,698 | -55% | reduced | |
| 40 | ERII ENERGY RECOVERY INC | Industrials | 0.2% | $2.0m | 250,818 | -51% | reduced |
| 41 | AVAYA HLDGS CORP | 0.1% | $1.5m | 74,070 | – | 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.