Rubric Capital Management 13F holdings, Q2 2023
Holdings as of June 30, 2023 · filings on SEC EDGAR · latest filing →
Rubric Capital Management disclosed 61 US equity positions worth $2.3bn in its Q2 2023 13F filing. The largest position was TEVA at 6.0% of the reported book, followed by GLNG and VTRS. Against the Q1 2023 filing, it opened 6 new positions, added to 13 and reduced 21 among the top 50 holdings.
What did Rubric Capital Management own in Q2 2023? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2023 |
|---|---|---|---|---|---|---|---|
| 1 | TEVA TEVA PHARMACEUTICAL INDS LTD | Healthcare | 6.0% | $140.9m | 18,718,362 | 316% | added |
| 2 | GLNG GOLAR LNG LTD | Energy | 5.6% | $130.2m | 6,456,757 | -0% | held |
| 3 | VTRS VIATRIS INC | Healthcare | 5.1% | $119.3m | 11,950,000 | – | new |
| 4 | HTZ HERTZ GLOBAL HLDGS INC | Industrials | 4.5% | $105.2m | 5,720,890 | -12% | reduced |
| 5 | FLR FLUOR CORP NEW | Industrials | 4.3% | $101.1m | 3,414,349 | 4% | added |
| 6 | 07WA MR COOPER GROUP INC | 4.3% | $99.5m | 1,965,173 | 13% | added | |
| 7 | BGC PARTNERS INC | 3.8% | $88.6m | 20,000,000 | 1% | added | |
| 8 | CCJ CAMECO CORP | Energy | 3.6% | $84.4m | 2,695,004 | -43% | reduced |
| 9 | VST VISTRA CORP | Utilities | 3.2% | $73.8m | 2,813,221 | 14% | added |
| 10 | COLL COLLEGIUM PHARMACEUTICAL INC | Healthcare | 3.2% | $73.6m | 3,425,000 | 5% | added |
| 11 | PARR PAR PAC HOLDINGS INC | Energy | 3.1% | $71.7m | 2,694,210 | -7% | reduced |
| 12 | AIR AAR CORP | Industrials | 3.0% | $71.0m | 1,228,422 | -16% | reduced |
| 13 | PLAYA HOTELS & RESORTS NV | 2.5% | $58.7m | 7,208,296 | -24% | reduced | |
| 14 | MATV MATIV HOLDINGS INC | Basic Materials | 2.2% | $52.0m | 3,437,578 | 6% | added |
| 15 | HAPN LENDINGCLUB CORP | Financial Services | 2.2% | $51.8m | 5,308,472 | -3% | reduced |
| 16 | ADEA ADEIA INC | Technology | 2.2% | $50.6m | 4,592,561 | 0% | held |
| 17 | XPER XPERI INC | Technology | 2.2% | $50.5m | 3,843,744 | 0% | held |
| 18 | DOLE DOLE PLC | Consumer Defensive | 2.1% | $49.2m | 3,637,678 | -23% | reduced |
| 19 | STNG SCORPIO TANKERS INC | Energy | 2.1% | $48.8m | 1,033,271 | -57% | reduced |
| 20 | KINIKSA PHARMACEUTICALS LTD | 2.0% | $47.6m | 3,378,164 | 22% | added | |
| 21 | ARQT ARCUTIS BIOTHERAPEUTICS INC | Healthcare | 2.0% | $46.5m | 4,884,530 | 40% | added |
| 22 | ANIP ANI PHARMACEUTICALS INC | Healthcare | 2.0% | $45.6m | 847,011 | 31% | added |
| 23 | RENEW ENERGY GLOBAL PLC | 1.9% | $44.7m | 8,165,905 | 0% | held | |
| 24 | OFIX ORTHOFIX MED INC | Healthcare | 1.8% | $43.2m | 2,392,412 | 17% | added |
| 25 | CSTM CONSTELLIUM SE | Basic Materials | 1.6% | $38.3m | 2,224,654 | -26% | reduced |
| 26 | PACTIV EVERGREEN INC | 1.6% | $36.5m | 4,815,783 | 0% | held | |
| 27 | KOP KOPPERS HOLDINGS INC | Basic Materials | 1.6% | $36.3m | 1,065,441 | -4% | reduced |
| 28 | ROIV ROIVANT SCIENCES LTD | Healthcare | 1.5% | $35.6m | 3,536,438 | -37% | reduced |
| 29 | AHCO ADAPTHEALTH CORP | Healthcare | 1.5% | $35.0m | 2,879,139 | -13% | reduced |
| 30 | HOLLYSYS AUTOMATION TCHNGY L | 1.5% | $34.1m | 1,941,237 | -2% | reduced | |
| 31 | TAC TRANSALTA CORP | Utilities | 1.4% | $32.1m | 3,426,490 | -41% | reduced |
| 32 | MGNI MAGNITE INC | Communication Services | 1.3% | $30.2m | 2,214,022 | – | new |
| 33 | NRG NRG ENERGY INC | Utilities | 1.1% | $25.7m | 688,027 | – | new |
| 34 | CCO CLEAR CHANNEL OUTDOOR HLDGS | Communication Services | 1.0% | $23.8m | 17,391,427 | 0% | held |
| 35 | ZYME ZYMEWORKS INC | Healthcare | 0.9% | $20.4m | 2,357,577 | -17% | reduced |
| 36 | STRO SUTRO BIOPHARMA INC | Healthcare | 0.8% | $18.8m | 4,048,744 | -7% | reduced |
| 37 | SPRY ARS PHARMACEUTICALS INC | Healthcare | 0.8% | $18.8m | 2,799,203 | -20% | reduced |
| 38 | OVID OVID THERAPEUTICS INC | Healthcare | 0.8% | $17.9m | 5,445,910 | -22% | reduced |
| 39 | RDNT RADNET INC | Healthcare | 0.7% | $16.8m | 516,076 | 27% | added |
| 40 | MREO MEREO BIOPHARMA GROUP PLC | Healthcare | 0.7% | $15.3m | 11,616,120 | 12% | added |
| 41 | HRTX HERON THERAPEUTICS INC | Healthcare | 0.6% | $13.6m | 11,750,000 | 0% | held |
| 42 | TRVI TREVI THERAPEUTICS INC | Healthcare | 0.6% | $13.6m | 5,684,420 | 0% | held |
| 43 | TSAT TELESAT CORP | 0.5% | $11.9m | 1,267,065 | -10% | reduced | |
| 44 | FIP FTAI INFRASTRUCTURE INC | 0.5% | $11.8m | 3,193,530 | 0% | held | |
| 45 | DBRG DIGITALBRIDGE GROUP INC | Financial Services | 0.5% | $11.7m | 795,516 | – | new |
| 46 | DIGIMARC CORP NEW | 0.5% | $11.1m | 375,353 | -69% | reduced | |
| 47 | MX MAGNACHIP SEMICONDUCTOR CORP | Technology | 0.5% | $10.8m | 967,867 | -43% | reduced |
| 48 | MYPS PLAYSTUDIOS INC | 0.4% | $9.6m | 1,961,184 | 0% | held | |
| 49 | SCPHARMACEUTICALS INC | 0.4% | $8.3m | 811,517 | – | new | |
| 50 | AMRX AMNEAL PHARMACEUTICALS INC | Healthcare | 0.3% | $8.1m | 2,601,379 | – | 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.