Rubric Capital Management 13F holdings, Q1 2020
Holdings as of March 31, 2020 · filings on SEC EDGAR · latest filing →
Rubric Capital Management disclosed 49 US equity positions worth $612.4m in its Q1 2020 13F filing. The largest position was CNC at 6.0% of the reported book, followed by CVS and MACQUARIE INFRASTRUCTURE COR. Against the Q4 2019 filing, it opened 22 new positions, added to 9 and reduced 17 among the top 49 holdings.
What did Rubric Capital Management own in Q1 2020? Top 49 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2019 |
|---|---|---|---|---|---|---|---|
| 1 | CNC CENTENE CORP DEL | Healthcare | 6.0% | $36.5m | 614,242 | – | new |
| 2 | CVS CVS HEALTH CORP | Healthcare | 5.3% | $32.4m | 546,500 | – | new |
| 3 | MACQUARIE INFRASTRUCTURE COR | 5.1% | $31.1m | 1,232,088 | 54% | added | |
| 4 | MX MAGNACHIP SEMICONDUCTOR CORP | Technology | 4.5% | $27.8m | 2,512,588 | 6% | added |
| 5 | PCG PG&E CORP | Utilities | 4.5% | $27.6m | 3,070,000 | – | new |
| 6 | CHANGE HEALTHCARE INC | 4.2% | $25.9m | 2,597,027 | 306% | added | |
| 7 | CHRS COHERUS BIOSCIENCES INC | Healthcare | 4.2% | $25.7m | 1,583,061 | -26% | reduced |
| 8 | TLND TALEND S A | 3.8% | $23.0m | 1,024,196 | – | new | |
| 9 | ALXN ALEXION PHARMACEUTICALS INC | 3.7% | $22.9m | 255,000 | – | new | |
| 10 | QNST QUINSTREET INC | Communication Services | 3.7% | $22.7m | 2,816,604 | 22% | added |
| 11 | VICI VICI PPTYS INC | Real Estate | 3.6% | $21.9m | 1,317,665 | – | new |
| 12 | IDCC INTERDIGITAL INC | Technology | 3.5% | $21.3m | 476,956 | – | new |
| 13 | WSC WILLSCOT CORP | Industrials | 3.4% | $21.0m | 2,070,554 | -23% | reduced |
| 14 | TBPH THERAVANCE BIOPHARMA INC | Healthcare | 3.3% | $20.2m | 873,577 | 404% | added |
| 15 | COLL COLLEGIUM PHARMACEUTICAL INC | Healthcare | 3.2% | $19.8m | 1,213,412 | – | new |
| 16 | STEMLINE THERAPEUTICS INC | 2.6% | $16.2m | 3,347,141 | -4% | reduced | |
| 17 | RADIUS HEALTH INC | 2.6% | $16.0m | 1,227,929 | -12% | reduced | |
| 18 | MGP MGM GROWTH PPTYS LLC | 2.4% | $14.9m | 630,307 | – | new | |
| 19 | BGC PARTNERS INC | 2.4% | $14.6m | 5,778,191 | -16% | reduced | |
| 20 | BIODELIVERY SCIENCES INTL IN | 2.3% | $14.3m | 3,782,346 | 46% | added | |
| 21 | SAIC SCIENCE APPLICATNS INTL CP N | Technology | 2.1% | $12.8m | 172,129 | 202% | added |
| 22 | INSM INSMED INC | Healthcare | 1.8% | $11.0m | 684,888 | – | new |
| 23 | GPRE GREEN PLAINS INC | Basic Materials | 1.7% | $10.4m | 2,142,750 | -8% | reduced |
| 24 | TXMD THERAPEUTICSMD INC | 1.7% | $10.2m | 9,611,828 | -13% | reduced | |
| 25 | BRISTOL-MYERS SQUIBB CO | 1.6% | $10.0m | 2,635,194 | 1% | added | |
| 26 | LDOS LEIDOS HOLDINGS INC | Technology | 1.4% | $8.7m | 95,000 | – | new |
| 27 | LSAK NET 1 UEPS TECHNOLOGIES INC | Technology | 1.4% | $8.5m | 2,917,491 | -2% | reduced |
| 28 | WBA WALGREENS BOOTS ALLIANCE INC | 1.3% | $7.8m | 170,000 | – | new | |
| 29 | INSW INTERNATIONAL SEAWAYS INC | Energy | 1.2% | $7.1m | 299,094 | -53% | reduced |
| 30 | CMTL COMTECH TELECOMMUNICATIONS C | Technology | 1.1% | $7.0m | 526,955 | – | new |
| 31 | CCO CLEAR CHANNEL OUTDOOR HLDGS | Communication Services | 1.0% | $6.4m | 10,000,000 | 215% | added |
| 32 | INNATE PHARMA S A | 1.0% | $6.2m | 931,673 | -31% | reduced | |
| 33 | 07WA MR COOPER GROUP INC | 0.9% | $5.3m | 721,841 | -7% | reduced | |
| 34 | SEB SEABOARD CORP | Industrials | 0.8% | $5.0m | 1,767 | -12% | reduced |
| 35 | IMMR IMMERSION CORP | Technology | 0.8% | $4.9m | 922,222 | -6% | reduced |
| 36 | MOBILE MINI INC | 0.7% | $4.4m | 166,974 | -34% | reduced | |
| 37 | ORBCOMM INC | 0.7% | $4.1m | 1,673,971 | – | new | |
| 38 | CIT GROUP INC | 0.6% | $4.0m | 230,000 | – | new | |
| 39 | PRIMO WATER CORPORATION | 0.5% | $3.1m | 343,239 | – | new | |
| 40 | BUNGE LIMITED | 0.5% | $2.9m | 69,600 | – | new | |
| 41 | AMARIN CORP PLC | 0.5% | $2.8m | 700,000 | -25% | reduced | |
| 42 | AKORN INC | 0.4% | $2.5m | 4,470,111 | – | new | |
| 43 | ARENA PHARMACEUTICALS INC | 0.4% | $2.5m | 59,306 | – | new | |
| 44 | ADURO BIOTECH INC | 0.4% | $2.4m | 871,100 | – | new | |
| 45 | K12 INC | 0.4% | $2.4m | 126,232 | – | new | |
| 46 | ASSERTIO THERAPEUTICS INC | 0.4% | $2.2m | 3,451,617 | -4% | reduced | |
| 47 | AXOVANT GENE THERAPIES LTD | 0.2% | $1.1m | 460,200 | – | new | |
| 48 | TH TARGET HOSPITALITY CORP | Industrials | 0.1% | $885.0k | 444,904 | -13% | reduced |
| 49 | TARGET HOSPITALITY CORP | 0.0% | $127.0k | 650,000 | 0% | held |
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.