Rubric Capital Management 13F holdings, Q3 2023
Holdings as of September 30, 2023 · filings on SEC EDGAR · latest filing →
Rubric Capital Management disclosed 59 US equity positions worth $2.4bn in its Q3 2023 13F filing. The largest position was TEVA at 8.1% of the reported book, followed by GLNG and VTRS. Against the Q2 2023 filing, it opened 7 new positions, added to 21 and reduced 13 among the top 50 holdings.
What did Rubric Capital Management own in Q3 2023? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2023 |
|---|---|---|---|---|---|---|---|
| 1 | TEVA TEVA PHARMACEUTICAL INDS LTD | Healthcare | 8.1% | $193.8m | 19,000,000 | 2% | added |
| 2 | GLNG GOLAR LNG LTD | Energy | 6.6% | $157.9m | 6,506,757 | 1% | added |
| 3 | VTRS VIATRIS INC | Healthcare | 5.5% | $130.6m | 13,250,000 | 11% | added |
| 4 | ROIV ROIVANT SCIENCES LTD | Healthcare | 5.2% | $122.6m | 10,500,000 | 197% | added |
| 5 | BGC BGC GROUP INC | Financial Services | 4.4% | $105.6m | 20,000,000 | – | new |
| 6 | 07WA MR COOPER GROUP INC | 4.4% | $105.3m | 1,965,173 | 0% | held | |
| 7 | CCJ CAMECO CORP | Energy | 4.2% | $100.0m | 2,523,540 | -6% | reduced |
| 8 | FLR FLUOR CORP NEW | Industrials | 3.7% | $87.3m | 2,379,657 | -30% | reduced |
| 9 | AIR AAR CORP | Industrials | 3.1% | $73.1m | 1,228,422 | 0% | held |
| 10 | COLL COLLEGIUM PHARMACEUTICAL INC | Healthcare | 3.0% | $71.0m | 3,175,000 | -7% | reduced |
| 11 | PARR PAR PAC HOLDINGS INC | Energy | 3.0% | $70.9m | 1,972,181 | -27% | reduced |
| 12 | HTZ HERTZ GLOBAL HLDGS INC | Industrials | 2.7% | $63.3m | 5,165,254 | -10% | reduced |
| 13 | MATV MATIV HOLDINGS INC | Basic Materials | 2.4% | $57.0m | 4,000,000 | 16% | added |
| 14 | RENEW ENERGY GLOBAL PLC | 2.3% | $53.7m | 9,897,426 | 21% | added | |
| 15 | KINIKSA PHARMACEUTICALS LTD | 2.2% | $53.5m | 3,077,449 | -9% | reduced | |
| 16 | NRG NRG ENERGY INC | Utilities | 2.1% | $50.8m | 1,318,020 | 92% | added |
| 17 | ADEA ADEIA INC | Technology | 2.1% | $49.6m | 4,640,009 | 1% | added |
| 18 | ANIP ANI PHARMACEUTICALS INC | Healthcare | 2.1% | $49.2m | 847,011 | 0% | held |
| 19 | KOP KOPPERS HOLDINGS INC | Basic Materials | 1.9% | $45.0m | 1,138,592 | 7% | added |
| 20 | OFIX ORTHOFIX MED INC | Healthcare | 1.9% | $44.2m | 3,434,665 | 44% | added |
| 21 | DOLE DOLE PLC | Consumer Defensive | 1.8% | $43.3m | 3,742,152 | 3% | added |
| 22 | PACTIV EVERGREEN INC | 1.7% | $40.6m | 5,000,000 | 4% | added | |
| 23 | XPER XPERI INC | Technology | 1.7% | $39.9m | 4,043,744 | 5% | added |
| 24 | HOLLYSYS AUTOMATION TCHNGY L | 1.6% | $38.5m | 1,941,237 | 0% | held | |
| 25 | TAC TRANSALTA CORP | Utilities | 1.6% | $38.3m | 4,404,844 | 29% | added |
| 26 | PLAYA HOTELS & RESORTS NV | 1.6% | $37.6m | 5,195,629 | -28% | reduced | |
| 27 | CSTM CONSTELLIUM SE | Basic Materials | 1.5% | $35.6m | 1,954,274 | -12% | reduced |
| 28 | MGNI MAGNITE INC | Communication Services | 1.3% | $30.2m | 4,000,000 | 81% | added |
| 29 | HRTX HERON THERAPEUTICS INC | Healthcare | 1.2% | $27.5m | 26,713,503 | 127% | added |
| 30 | ARQT ARCUTIS BIOTHERAPEUTICS INC | Healthcare | 1.1% | $26.7m | 5,034,530 | 3% | added |
| 31 | QDEL QUIDELORTHO CORP | Healthcare | 0.9% | $21.7m | 296,426 | – | new |
| 32 | OVID OVID THERAPEUTICS INC | Healthcare | 0.9% | $20.9m | 5,445,910 | 0% | held |
| 33 | VST VISTRA CORP | Utilities | 0.8% | $20.0m | 602,189 | -79% | reduced |
| 34 | SCPHARMACEUTICALS INC | 0.8% | $19.3m | 2,713,287 | 234% | added | |
| 35 | REVANCE THERAPEUTICS INC | 0.8% | $18.4m | 1,600,000 | – | new | |
| 36 | AHCO ADAPTHEALTH CORP | Healthcare | 0.8% | $17.8m | 1,961,199 | -32% | reduced |
| 37 | AMRX AMNEAL PHARMACEUTICALS INC | Healthcare | 0.7% | $17.0m | 4,024,500 | 55% | added |
| 38 | ZYME ZYMEWORKS INC | Healthcare | 0.7% | $16.8m | 2,651,394 | 12% | added |
| 39 | MREO MEREO BIOPHARMA GROUP PLC | Healthcare | 0.6% | $15.0m | 11,616,120 | 0% | held |
| 40 | OMNIAB INC | 0.6% | $14.8m | 2,850,588 | 306% | added | |
| 41 | MSGS MADISON SQUARE GRDN SPRT COR | Communication Services | 0.6% | $14.7m | 83,512 | – | new |
| 42 | PCRX PACIRA BIOSCIENCES INC | Healthcare | 0.6% | $14.1m | 459,637 | – | new |
| 43 | TSAT TELESAT CORP | 0.6% | $13.7m | 959,764 | -24% | reduced | |
| 44 | SSYS STRATASYS LTD | Technology | 0.5% | $12.4m | 910,633 | – | new |
| 45 | TRVI TREVI THERAPEUTICS INC | Healthcare | 0.5% | $12.4m | 5,684,420 | 0% | held |
| 46 | STRO SUTRO BIOPHARMA INC | Healthcare | 0.5% | $11.6m | 3,344,810 | -17% | reduced |
| 47 | CCO CLEAR CHANNEL OUTDOOR HLDGS | Communication Services | 0.4% | $10.6m | 6,705,943 | -61% | reduced |
| 48 | FIP FTAI INFRASTRUCTURE INC | 0.4% | $10.3m | 3,193,530 | 0% | held | |
| 49 | ARDX ARDELYX INC | Healthcare | 0.4% | $10.2m | 2,500,000 | – | new |
| 50 | MX MAGNACHIP SEMICONDUCTOR CORP | Technology | 0.3% | $8.0m | 967,867 | 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.