Rubric Capital Management 13F holdings, Q4 2018
Holdings as of December 31, 2018 · filings on SEC EDGAR · latest filing →
Rubric Capital Management disclosed 48 US equity positions worth $804.6m in its Q4 2018 13F filing. The largest position was HRTX at 9.0% of the reported book, followed by 07WA and BRSL. Against the Q3 2018 filing, it opened 22 new positions, added to 13 and reduced 9 among the top 48 holdings.
What did Rubric Capital Management own in Q4 2018? Top 48 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2018 |
|---|---|---|---|---|---|---|---|
| 1 | HRTX HERON THERAPEUTICS INC | Healthcare | 9.0% | $72.3m | 2,787,592 | 42% | added |
| 2 | 07WA MR COOPER GROUP INC | 5.9% | $47.8m | 4,100,000 | – | new | |
| 3 | BRSL INTERNATIONAL GAME TECHNOLOG | Consumer Cyclical | 5.5% | $43.9m | 3,000,000 | -22% | reduced |
| 4 | INCY INCYTE CORP | Healthcare | 5.3% | $42.9m | 675,000 | -15% | reduced |
| 5 | ZAYO GROUP HLDGS INC | 4.9% | $39.1m | 1,713,800 | – | new | |
| 6 | RADIUS HEALTH INC | 4.3% | $34.6m | 2,100,000 | 657% | added | |
| 7 | AVAYA HLDGS CORP | 4.1% | $32.8m | 2,254,151 | 20% | added | |
| 8 | GPRE GREEN PLAINS INC | Basic Materials | 4.1% | $32.6m | 2,486,820 | 11% | added |
| 9 | BIOHAVEN PHARMACTL HLDG CO L | 3.7% | $30.1m | 814,357 | – | new | |
| 10 | MYLAN N V | 3.4% | $27.7m | 1,010,000 | – | new | |
| 11 | CHRS COHERUS BIOSCIENCES INC | Healthcare | 3.4% | $27.6m | 3,050,000 | 384% | added |
| 12 | PARTY CITY HOLDCO INC | 3.2% | $25.9m | 2,600,000 | 73% | added | |
| 13 | ARENA PHARMACEUTICALS INC | 3.1% | $25.1m | 643,397 | – | new | |
| 14 | BGC PARTNERS INC | 3.1% | $24.7m | 4,776,852 | 199% | added | |
| 15 | AGO ASSURED GUARANTY LTD | Financial Services | 2.7% | $22.1m | 577,836 | 214% | added |
| 16 | MBI MBIA INC | Financial Services | 2.7% | $21.5m | 2,411,400 | 20% | added |
| 17 | WSC WILLSCOT CORP | Industrials | 2.5% | $20.5m | 2,171,738 | -21% | reduced |
| 18 | AERIE PHARMACEUTICALS INC | 2.5% | $20.3m | 562,185 | – | new | |
| 19 | MX MAGNACHIP SEMICONDUCTOR CORP | Technology | 2.3% | $18.6m | 3,000,000 | 0% | held |
| 20 | AMARIN CORP PLC | 2.3% | $18.3m | 1,345,376 | 92% | added | |
| 21 | CSTM CONSTELLIUM NV | Basic Materials | 1.8% | $14.2m | 2,024,600 | -16% | reduced |
| 22 | SPIRIT MTA REIT | 1.6% | $13.1m | 1,841,587 | 0% | held | |
| 23 | HGV HILTON GRAND VACATIONS INC | Consumer Cyclical | 1.6% | $12.9m | 487,220 | – | new |
| 24 | TEVA TEVA PHARMACEUTICAL INDS LTD | Healthcare | 1.6% | $12.8m | 830,000 | – | new |
| 25 | FLEX FLEX LTD | Technology | 1.6% | $12.8m | 1,678,946 | – | new |
| 26 | GMS INC | 1.6% | $12.5m | 841,716 | -58% | reduced | |
| 27 | OSG AMBAC FINL GROUP INC | Financial Services | 1.5% | $12.2m | 710,433 | -49% | reduced |
| 28 | FGL HLDGS | 1.3% | $10.3m | 1,543,873 | 77% | added | |
| 29 | MGY MAGNOLIA OIL & GAS CORP | Energy | 1.0% | $8.3m | 742,477 | 0% | held |
| 30 | FLEXION THERAPEUTICS INC | 1.0% | $8.1m | 718,307 | -66% | reduced | |
| 31 | BIODELIVERY SCIENCES INTL IN | 0.9% | $7.4m | 1,995,959 | – | new | |
| 32 | NTRA NATERA INC | Healthcare | 0.9% | $7.3m | 525,805 | 61% | added |
| 33 | PRSP PERSPECTA INC | 0.9% | $6.9m | 398,080 | – | new | |
| 34 | CNDT CONDUENT INC | Technology | 0.8% | $6.1m | 573,295 | -36% | reduced |
| 35 | AKBA AKEBIA THERAPEUTICS INC | Healthcare | 0.7% | $5.9m | 1,070,095 | 253% | added |
| 36 | TXMD THERAPEUTICSMD INC | 0.7% | $5.9m | 1,545,228 | – | new | |
| 37 | CBT CABOT CORP | Basic Materials | 0.6% | $4.6m | 107,301 | – | new |
| 38 | RAYONIER ADVANCED MATLS INC | 0.5% | $3.8m | 46,620 | -7% | reduced | |
| 39 | RETAIL VALUE INC | 0.3% | $2.6m | 101,790 | 0% | held | |
| 40 | CLLS CELLECTIS S A | 0.2% | $2.0m | 119,465 | – | new | |
| 41 | OEC ORION ENGINEERED CARBONS S A | Basic Materials | 0.2% | $1.9m | 74,416 | – | new |
| 42 | TRIBUNE PUBG CO NEW | 0.2% | $1.7m | 152,201 | – | new | |
| 43 | PLATINUM EAGLE ACQUISITIN CO | 0.1% | $845.0k | 650,000 | – | new | |
| 44 | BERRY GLOBAL GROUP INC | 0.1% | $505.0k | 10,622 | – | new | |
| 45 | PLAYA HOTELS & RESORTS NV | 0.1% | $471.0k | 65,502 | – | new | |
| 46 | MAS MASCO CORP | Industrials | 0.1% | $418.0k | 14,299 | – | new |
| 47 | LABORATORY CORP AMER HLDGS | 0.0% | $371.0k | 2,934 | – | new | |
| 48 | ANTARES PHARMA INC | 0.0% | $35.0k | 12,865 | – | 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.