Rubric Capital Management 13F holdings, Q3 2020
Holdings as of September 30, 2020 · filings on SEC EDGAR · latest filing →
Rubric Capital Management disclosed 64 US equity positions worth $1.1bn in its Q3 2020 13F filing. The largest position was WSC at 5.7% of the reported book, followed by ALLY and QNST. Against the Q2 2020 filing, it opened 18 new positions, added to 11 and reduced 12 among the top 50 holdings.
What did Rubric Capital Management own in Q3 2020? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2020 |
|---|---|---|---|---|---|---|---|
| 1 | WSC WILLSCOT MOBIL MINI HLDNG CO | Industrials | 5.7% | $60.0m | 3,600,000 | – | new |
| 2 | ALLY ALLY FINL INC | Financial Services | 5.1% | $53.9m | 2,150,000 | 0% | held |
| 3 | QNST QUINSTREET INC | Communication Services | 4.2% | $44.6m | 2,816,604 | 0% | held |
| 4 | COLL COLLEGIUM PHARMACEUTICAL INC | Healthcare | 3.8% | $40.1m | 1,926,283 | 0% | held |
| 5 | RXT RACKSPACE TECHNOLOGY INC | Technology | 3.5% | $37.6m | 1,951,764 | – | new |
| 6 | MX MAGNACHIP SEMICONDUCTOR CORP | Technology | 3.4% | $35.8m | 2,612,588 | 0% | held |
| 7 | INSM INSMED INC | Healthcare | 3.3% | $35.4m | 1,100,000 | 7% | added |
| 8 | CHANGE HEALTHCARE INC | 3.0% | $31.9m | 2,200,000 | 28% | added | |
| 9 | MACQUARIE INFRASTRUCTURE COR | 3.0% | $31.6m | 1,175,450 | 22% | added | |
| 10 | LAUR LAUREATE EDUCATION INC | Consumer Defensive | 3.0% | $31.4m | 2,365,373 | 493% | added |
| 11 | IDCC INTERDIGITAL INC | Technology | 2.9% | $30.4m | 533,343 | -10% | reduced |
| 12 | TTMI TTM TECHNOLOGIES INC | Technology | 2.7% | $28.7m | 2,518,120 | – | new |
| 13 | AVAYA HLDGS CORP | 2.6% | $28.0m | 1,843,655 | 32% | added | |
| 14 | ENS ENERSYS | Industrials | 2.4% | $25.8m | 384,680 | – | new |
| 15 | RITM NEW RESIDENTIAL INVT CORP | Real Estate | 2.4% | $25.5m | 3,212,660 | -6% | reduced |
| 16 | CVS CVS HEALTH CORP | Healthcare | 2.3% | $24.9m | 425,770 | – | new |
| 17 | PFSI PENNYMAC FINL SVCS INC NEW | Financial Services | 2.2% | $23.9m | 411,185 | 0% | held |
| 18 | THC TENET HEALTHCARE CORP | Healthcare | 2.2% | $23.3m | 950,000 | 11% | added |
| 19 | OUT OUTFRONT MEDIA INC | Real Estate | 2.2% | $23.2m | 1,591,940 | -6% | reduced |
| 20 | AXALTA COATING SYS LTD | 2.2% | $22.9m | 1,031,251 | – | new | |
| 21 | BGC PARTNERS INC | 2.1% | $22.6m | 9,435,956 | 122% | added | |
| 22 | TXMD THERAPEUTICSMD INC | 2.1% | $22.0m | 13,932,542 | 50% | added | |
| 23 | WHOLE EARTH BRANDS INC | 2.0% | $21.7m | 2,600,000 | 18% | added | |
| 24 | GPRE GREEN PLAINS INC | Basic Materials | 2.0% | $21.6m | 1,392,819 | -35% | reduced |
| 25 | PARR PAR PACIFIC HOLDINGS INC | Energy | 1.7% | $18.5m | 2,730,330 | 5% | added |
| 26 | OPLN KAR AUCTION SVCS INC | Consumer Cyclical | 1.6% | $17.4m | 1,206,959 | -43% | reduced |
| 27 | VONAGE HLDGS CORP | 1.6% | $16.9m | 1,650,000 | -31% | reduced | |
| 28 | POR PORTLAND GEN ELEC CO | Utilities | 1.5% | $15.5m | 436,773 | – | new |
| 29 | PACTIV EVERGREEN INC | 1.4% | $15.3m | 1,201,982 | – | new | |
| 30 | BIODELIVERY SCIENCES INTL IN | 1.4% | $14.9m | 4,000,000 | 0% | held | |
| 31 | GM GENERAL MTRS CO | Consumer Cyclical | 1.4% | $14.8m | 500,000 | – | new |
| 32 | RADIUS HEALTH INC | 1.3% | $13.9m | 1,227,929 | 0% | held | |
| 33 | KBR KBR INC | Industrials | 1.3% | $13.8m | 619,250 | – | new |
| 34 | TWO HBRS INVT CORP | 1.2% | $13.2m | 2,585,714 | -27% | reduced | |
| 35 | 07WA MR COOPER GROUP INC | 1.2% | $12.9m | 575,959 | -36% | reduced | |
| 36 | XPERI HOLDING CORP | 1.1% | $11.5m | 1,000,000 | 400% | added | |
| 37 | CIT GROUP INC | 0.9% | $10.0m | 567,237 | – | new | |
| 38 | CCO CLEAR CHANNEL OUTDOOR HLDGS | Communication Services | 0.9% | $9.9m | 9,946,082 | -3% | reduced |
| 39 | KRATON CORPORATION | 0.9% | $9.8m | 550,000 | – | new | |
| 40 | MD MEDNAX INC | Healthcare | 0.9% | $9.1m | 560,857 | – | new |
| 41 | KEX KIRBY CORP | Industrials | 0.9% | $9.0m | 250,000 | – | new |
| 42 | USFD US FOODS HLDG CORP | Consumer Defensive | 0.8% | $8.6m | 388,802 | – | new |
| 43 | AMERICAN CAMPUS CMNTYS INC | 0.8% | $8.6m | 245,400 | – | new | |
| 44 | TBPH THERAVANCE BIOPHARMA INC | Healthcare | 0.8% | $8.1m | 550,747 | -42% | reduced |
| 45 | LSAK NET 1 UEPS TECHNOLOGIES INC | Technology | 0.7% | $7.2m | 2,132,622 | 0% | held |
| 46 | PK PARK HOTELS RESORTS INC | Real Estate | 0.6% | $6.6m | 663,447 | – | new |
| 47 | ORBCOMM INC | 0.5% | $5.7m | 1,673,971 | 0% | held | |
| 48 | WYNDHAM DESTINATIONS INC | 0.5% | $5.4m | 176,679 | – | new | |
| 49 | BRISTOL-MYERS SQUIBB CO | 0.5% | $5.3m | 2,366,965 | -50% | reduced | |
| 50 | GCO GENESCO INC | Consumer Cyclical | 0.4% | $4.6m | 214,007 | -52% | reduced |
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.