SEC 13F Intelligence

Managers / Q3 2019 · view latest →

Elm Ridge Management, LLC

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

Reported Value
$107M
Q3 2019
Positions
27
Filings on Record
21
2019–present window
Filed
Nov 14, 2019
original filing

Summary

Elm Ridge Management, LLC reported $107M in U.S.-listed holdings across 27 positions for Q3 2019.

Its largest position, California Res, represents 8.3% of the portfolio.

Compared with Q2 2019, the fund opened 1 new position and exited 3.

Portfolio Metrics

Turnover
+9.1%
vs prior filed quarter
Top-10 Concentration
+56.6%
share of reported value
Largest Position
+8.3%
California Res
New / Exited
1 / 3
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
Q1 ’19: $134MQ1 ’19Q2 ’19: $124MQ3 ’19: $107MQ4 ’19: $111MQ4 ’19Q1 ’20: $28MQ2 ’20: $34MQ3 ’20: $37MQ3 ’20Q4 ’20: $49MQ1 ’21: $64MQ2 ’21: $70MQ2 ’21Q3 ’21: $73MQ4 ’21: $79MQ1 ’22: $96MQ1 ’22Q2 ’22: $91MQ3 ’22: $83MQ4 ’22: $105MQ4 ’22Q1 ’23: $96MQ2 ’23: $82MQ3 ’23: $83MQ3 ’23Q4 ’23: $90MQ1 ’24: $89Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 96.7%Other: 3.3%
  • Common Stock · 96.7% · $104M
  • Other · 3.3% · $4M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2019 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
KOSKOSMOS ENERGY LTDNEW+795.1K795.1K+$5M$5M
HERTZ GLOBAL HLDGS INCADDED+202.0K302.9K+$3M$4M
FTS INTERNATIONAL INCSOLD OUT−389.5K0−$2M$0
CENXCENTURY ALUM COSOLD OUT−191.4K0−$1M$0
HERTZ GLOBAL HLDGS INCSOLD OUT−145.5K0−$284,000$0
COPCONOCOPHILLIPSADDED+25.4K73.6K+$1M$4M
APACHE CORPTRIMMED−108.6K157.7K−$4M$4M
MGYMAGNOLIA OIL & GAS CORPTRIMMED−166.0K260.3K−$2M$3M

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

Holdings — Q3 2019

27 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1CALIFORNIA RES CORPCOM NEW8.27%$9M867.9K
2AGOASSURED GUARANTY LTDhistory →COM7.43%$8M179.0K
3CNQCANADIAN NAT RES LTDhistory →COM7.28%$8M293.0K
4URIUNITED RENTALS INChistory →COM6.65%$7M57.1K
5MBIMBIA INChistory →COM5.21%$6M604.8K
6LYBLYONDELLBASELL INDUSTRIES Nhistory →SHS - A -4.83%$5M57.8K
7KOSKOSMOS ENERGY LTDhistory →COM4.63%$5M795.1K
8BPOPPOPULAR INChistory →COM NEW4.19%$4M83.0K
9DVNDEVON ENERGY CORP NEWhistory →COM4.16%$4M185.3K
10HERTZ GLOBAL HLDGS INCCOM3.91%$4M302.9K
11COPCONOCOPHILLIPShistory →COM3.91%$4M73.6K
12AERAERCAP HOLDINGS NVhistory →SHS3.84%$4M75.2K
13BHFBRIGHTHOUSE FINL INChistory →COM3.84%$4M101.7K
14APACHE CORPCOM3.77%$4M157.7K
15AAALCOA CORPhistory →COM3.72%$4M198.3K
16PTENPATTERSON UTI ENERGY INChistory →COM3.56%$4M445.4K
17CCITIGROUP INChistory →COM NEW3.03%$3M46.9K
18MGYMAGNOLIA OIL & GAS CORPhistory →CL A2.70%$3M260.3K
19LEALEAR CORPhistory →COM NEW2.59%$3M23.5K
20MGAMAGNA INTL INChistory →COM2.50%$3M50.2K
21ADNTADIENT PLChistory →ORD SHS1.93%$2M90.0K
22NABORS INDUSTRIES LTDSHS1.71%$2M978.7K
23YRC WORLDWIDE INCCOM PAR $.011.63%$2M579.2K
24CCCHEMOURS COhistory →COM1.57%$2M112.8K
25HOUGHTON MIFFLIN HARCOURT COCOM1.24%$1M248.9K
26RRCRANGE RES CORPCOM1.00%$1M279.3K
27DONNELLEY R R & SONS COCOM0.91%$978,000259.4K

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 ↗

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 ↗.