Rubric Capital Management 13F holdings, Q3 2024
Holdings as of September 30, 2024 · filings on SEC EDGAR · latest filing →
Rubric Capital Management disclosed 64 US equity positions worth $6.1bn in its Q3 2024 13F filing. The largest position was TLN at 33.2% of the reported book, followed by TEVA and ROIV. Against the Q2 2024 filing, it opened 5 new positions, added to 14 and reduced 13 among the top 50 holdings.
What did Rubric Capital Management own in Q3 2024? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2024 |
|---|---|---|---|---|---|---|---|
| 1 | TLN TALEN ENERGY CORP | Utilities | 33.2% | $2.0bn | 11,368,614 | – | new |
| 2 | TEVA TEVA PHARMACEUTICAL INDS LTD | Healthcare | 4.7% | $288.4m | 16,005,498 | -7% | reduced |
| 3 | ROIV ROIVANT SCIENCES LTD | Healthcare | 4.2% | $258.5m | 22,400,000 | -3% | reduced |
| 4 | VST VISTRA CORP | Utilities | 4.1% | $251.9m | 2,125,000 | 60% | added |
| 5 | GLNG GOLAR LNG LTD | Energy | 3.9% | $240.2m | 6,535,062 | 0% | held |
| 6 | VTRS VIATRIS INC | Healthcare | 3.8% | $233.9m | 20,144,365 | 0% | held |
| 7 | QDEL QUIDELORTHO CORP | Healthcare | 3.1% | $191.5m | 4,200,000 | 15% | added |
| 8 | BGC BGC GROUP INC | Financial Services | 2.5% | $155.8m | 16,972,580 | -11% | reduced |
| 9 | FLR FLUOR CORP NEW | Industrials | 2.2% | $132.8m | 2,783,441 | -13% | reduced |
| 10 | LIBERTY GLOBAL LTD | 1.9% | $116.8m | 5,530,901 | 0% | held | |
| 11 | ARQT ARCUTIS BIOTHERAPEUTICS INC | Healthcare | 1.7% | $102.0m | 10,966,672 | 12% | added |
| 12 | MD PEDIATRIX MEDICAL GROUP INC | Healthcare | 1.6% | $95.9m | 8,275,000 | 2% | added |
| 13 | 07WA MR COOPER GROUP INC | 1.6% | $95.5m | 1,035,998 | -32% | reduced | |
| 14 | AMRX AMNEAL PHARMACEUTICALS INC | Healthcare | 1.5% | $89.2m | 10,721,778 | 0% | held |
| 15 | RENEW ENERGY GLOBAL PLC | 1.4% | $86.2m | 13,706,102 | 1% | added | |
| 16 | ALIGHT INC | 1.4% | $86.2m | 11,646,679 | 38% | added | |
| 17 | DOLE DOLE PLC | Consumer Defensive | 1.4% | $83.8m | 5,141,388 | 0% | held |
| 18 | LIBERTY GLOBAL LTD | 1.2% | $76.1m | 3,522,428 | 0% | held | |
| 19 | ADPT ADAPTIVE BIOTECHNOLOGIES COR | Healthcare | 1.2% | $73.7m | 14,400,000 | 3% | added |
| 20 | OPK OPKO HEALTH INC | Healthcare | 1.2% | $72.6m | 48,706,640 | 10% | added |
| 21 | SDGR SCHRODINGER INC | Healthcare | 1.1% | $68.4m | 3,685,503 | 18% | added |
| 22 | MATV MATIV HOLDINGS INC | Basic Materials | 1.1% | $68.0m | 4,000,000 | 0% | held |
| 23 | PACTIV EVERGREEN INC | 1.1% | $65.9m | 5,726,583 | 0% | held | |
| 24 | UAL UNITED AIRLS HLDGS INC | Industrials | 1.0% | $63.5m | 1,112,623 | – | new |
| 25 | MREO MEREO BIOPHARMA GROUP PLC | Healthcare | 1.0% | $62.9m | 15,307,347 | 0% | held |
| 26 | KINIKSA PHARMACEUTICALS INTL | 1.0% | $60.5m | 2,419,103 | 0% | held | |
| 27 | EXTR EXTREME NETWORKS | Technology | 1.0% | $59.1m | 3,931,913 | -25% | reduced |
| 28 | CAR AVIS BUDGET GROUP | Industrials | 1.0% | $58.9m | 672,406 | -3% | reduced |
| 29 | TAC TRANSALTA CORP | Utilities | 1.0% | $58.3m | 5,622,961 | 20% | added |
| 30 | OFIX ORTHOFIX MED INC | Healthcare | 0.9% | $57.7m | 3,694,946 | 0% | held |
| 31 | ADEA ADEIA INC | Technology | 0.9% | $55.3m | 4,640,009 | 0% | held |
| 32 | HRTX HERON THERAPEUTICS INC | Healthcare | 0.9% | $53.2m | 26,713,503 | 0% | held |
| 33 | SSYS STRATASYS LTD | Technology | 0.8% | $51.4m | 6,191,000 | 4% | added |
| 34 | ZYME ZYMEWORKS INC | Healthcare | 0.8% | $49.2m | 3,917,331 | 0% | held |
| 35 | COLL COLLEGIUM PHARMACEUTICAL INC | Healthcare | 0.8% | $48.3m | 1,250,000 | -46% | reduced |
| 36 | THS TREEHOUSE FOODS INC | 0.8% | $48.0m | 1,143,664 | – | new | |
| 37 | XPER XPERI INC | Technology | 0.6% | $38.3m | 4,143,744 | 0% | held |
| 38 | TDOC TELADOC HEALTH INC | Healthcare | 0.6% | $37.9m | 4,126,624 | -11% | reduced |
| 39 | DK DELEK US HLDGS INC NEW | Energy | 0.6% | $37.5m | 2,000,000 | – | new |
| 40 | GDRX GOODRX HLDGS INC | Healthcare | 0.5% | $32.5m | 4,680,028 | 25% | added |
| 41 | AIR AAR CORP | Industrials | 0.5% | $30.8m | 471,699 | -18% | reduced |
| 42 | FIP FTAI INFRASTRUCTURE INC | 0.5% | $29.5m | 3,150,352 | -1% | reduced | |
| 43 | CNNE CANNAE HLDGS INC | Consumer Cyclical | 0.4% | $27.3m | 1,430,248 | 0% | held |
| 44 | CSTM CONSTELLIUM SE | Basic Materials | 0.4% | $24.8m | 1,523,832 | -58% | reduced |
| 45 | SCPHARMACEUTICALS INC | 0.4% | $21.8m | 4,775,000 | 35% | added | |
| 46 | ARDX ARDELYX INC | Healthcare | 0.3% | $21.1m | 3,060,191 | 68% | added |
| 47 | TRVI TREVI THERAPEUTICS INC | Healthcare | 0.3% | $16.8m | 5,026,931 | 0% | held |
| 48 | RSKD RISKIFIED LTD | Technology | 0.3% | $16.0m | 3,379,662 | -19% | reduced |
| 49 | EMBC EMBECTA CORP | Healthcare | 0.3% | $15.3m | 1,085,529 | – | new |
| 50 | TSAT TELESAT CORP | 0.2% | $12.6m | 959,764 | 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.