SEC 13F Intelligence

Managers / Q1 2019 · view latest →

Elm Ridge Management, LLC

CIK 0001483276 · 298 SCARBOROUGH RD., BRIARCLIFF MANOR, NY, 10510 · (914) 250-1000

Reported Value
$134M
Q1 2019
Positions
30
Filings on Record
22
2019–present window
Filed
May 15, 2019
original filing

Summary

Elm Ridge Management, LLC reported $134M in U.S.-listed holdings across 30 positions for Q1 2019.

Its largest position, California Res, represents 9.5% of the portfolio.

Compared with Q4 2018, the fund opened 3 new positions and exited 5.

Portfolio Metrics

Turnover
+7.9%
vs prior filed quarter
Top-10 Concentration
+59.2%
share of reported value
Largest Position
+9.5%
California Res
New / Exited
3 / 5
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $169MQ4 ’18Q1 ’19: $134MQ2 ’19: $124MQ3 ’19: $107MQ3 ’19Q4 ’19: $111MQ1 ’20: $28MQ2 ’20: $34MQ2 ’20Q3 ’20: $37MQ4 ’20: $49MQ1 ’21: $64MQ1 ’21Q2 ’21: $70MQ3 ’21: $73MQ4 ’21: $79MQ4 ’21Q1 ’22: $96MQ2 ’22: $91MQ3 ’22: $83MQ3 ’22Q4 ’22: $105MQ1 ’23: $96MQ2 ’23: $82MQ2 ’23Q3 ’23: $83MQ4 ’23: $90MQ1 ’24: $89MQ1 ’24filingsflow.com

Portfolio Composition

By security type
Common Stock: 72.4%Other: 27.6%
  • Common Stock · 72.4% · $97M
  • Other · 27.6% · $37M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2018 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
BERRY PETE CORPNEW+284.3K284.3K+$3M$3M
LYBLYONDELLBASELL INDUSTRIES NNEW+33.7K33.7K+$3M$3M
GAMESTOP CORP NEWNEW+129.2K129.2K+$1M$1M
CONOCOPHILLIPSSOLD OUT123.8K0$8M$0
FLEX LTDSOLD OUT569.2K0$4M$0
CAPITAL ONE FINL CORPSOLD OUT49.0K0$4M$0
SOUTHWESTERN ENERGY COSOLD OUT573.5K0$2M$0
QUADQUAD / GRAPHICS INCSOLD OUT13.8K0$170,000$0

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q1 2019

30 positions
#IssuerClass% PortfolioValueShares
1CALIFORNIA RES CORPCOM NEW9.52%$13M498.0K
2ASSURED GUARANTY LTDCOM7.00%$9M211.9K
3DEVON ENERGY CORP NEWCOM6.68%$9M284.5K
4URIUNITED RENTALS INChistory →COM6.64%$9M78.2K
5ANADARKO PETE CORPCOM6.25%$8M184.8K
6APACHE CORPCOM5.86%$8M227.3K
7PTENPATTERSON UTI ENERGY INChistory →COM4.75%$6M455.7K
8DENBURY RES INCCOM NEW4.22%$6M2.77M
9MGYMAGNOLIA OIL & GAS CORPhistory →CL A4.13%$6M463.3K
10MBIA INCCOM4.13%$6M583.7K
11AAALCOA CORPhistory →COM4.10%$6M195.6K
12BHFBRIGHTHOUSE FINL INChistory →COM3.66%$5M135.8K
13CCITIGROUP INChistory →COM NEW3.19%$4M69.0K
14BPOPPOPULAR INChistory →COM NEW3.03%$4M78.2K
15HERTZ GLOBAL HLDGS INCCOM2.69%$4M208.1K
16AERAERCAP HOLDINGS NVhistory →SHS2.64%$4M76.2K
17BERRY PETE CORPCOM2.44%$3M284.3K
18RANGE RES CORPCOM2.37%$3M283.2K
19MGAMAGNA INTL INChistory →COM2.34%$3M64.8K
20LYBLYONDELLBASELL INDUSTRIES Nhistory →SHS - A -2.11%$3M33.7K
21LEALEAR CORPhistory →COM NEW1.98%$3M19.7K
22NABORS INDUSTRIES LTDSHS1.91%$3M746.2K
23CENXCENTURY ALUM COhistory →COM1.25%$2M189.4K
24ADNTADIENT PLChistory →ORD SHS1.17%$2M121.2K
25FTS INTERNATIONAL INCCOM1.16%$2M156.4K
26GOLDMAN SACHS GROUP INCCOM1.15%$2M8.0K
27GAMESTOP CORP NEWCL A0.98%$1M129.2K
28YRC WORLDWIDE INCCOM PAR $.010.93%$1M186.0K
29DONNELLEY R R & SONS COCOM0.92%$1M263.0K
30HOUGHTON MIFFLIN HARCOURT COCOM0.79%$1M146.8K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2024$89M27May 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$90M25Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$83M25Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$82M23Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$96M24May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022$105M27Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$83M26Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$91M31Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$96M31May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$79M31Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$73M27Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$70M31Aug 16, 202113F-HRchanges · EDGAR ↗
Q1 2021$64M27May 17, 202113F-HRchanges · EDGAR ↗
Q4 2020$49M25Feb 16, 202113F-HRchanges · EDGAR ↗
Q3 2020$37M25Nov 16, 202013F-HRchanges · EDGAR ↗
Q2 2020$34M25Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$28M23May 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$111M27Feb 14, 202013F-HRchanges · EDGAR ↗
Q3 2019$107M27Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019$124M29Aug 14, 201913F-HRchanges · EDGAR ↗
Q1 2019$134M30May 15, 201913F-HRchanges · EDGAR ↗
Q4 2018$169M32Feb 14, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.