Managers / Q1 2020 · view latest →
Elm Ridge Management, LLC
CIK 0001483276 · 298 SCARBOROUGH RD., BRIARCLIFF MANOR, NY, 10510 · (914) 250-1000
Summary
Elm Ridge Management, LLC reported $28M in U.S.-listed holdings across 23 positions for Q1 2020.
Its largest position, URI, represents 10.7% of the portfolio.
Compared with Q4 2019, the fund opened 3 new positions and exited 7.
Portfolio Metrics
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
Portfolio Composition
- Common Stock · 95.0% · $27M
- Other · 5.0% · $1M
Quarter-over-Quarter Changes full breakdown →
vs Q4 2019 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| FDXFEDEX CORP | NEW | +16.7K | 16.7K | +$2M | $2M |
| DELLDELL TECHNOLOGIES INC | NEW | +22.1K | 22.1K | +$876,000 | $876,000 |
| MYLAN NV | NEW | +31.5K | 31.5K | +$470,000 | $470,000 |
| HERTZ GLOBAL HLDGS INC | SOLD OUT | −301.0K | 0 | −$5M | $0 |
| PTENPATTERSON UTI ENERGY INC | SOLD OUT | −442.6K | 0 | −$5M | $0 |
| DVNDEVON ENERGY CORP NEW | SOLD OUT | −159.4K | 0 | −$4M | $0 |
| BHFBRIGHTHOUSE FINL INC | SOLD OUT | −81.8K | 0 | −$3M | $0 |
| APACHE CORP | SOLD OUT | −105.9K | 0 | −$3M | $0 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q1 2020
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2024 | $89M | 27 | May 15, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $90M | 25 | Feb 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $83M | 25 | Nov 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $82M | 23 | Aug 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $96M | 24 | May 15, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | $105M | 27 | Feb 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | $83M | 26 | Nov 14, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022 | $91M | 31 | Aug 15, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | $96M | 31 | May 16, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q4 2021 | $79M | 31 | Feb 14, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q3 2021 | $73M | 27 | Nov 15, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q2 2021 | $70M | 31 | Aug 16, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q1 2021 | $64M | 27 | May 17, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q4 2020 | $49M | 25 | Feb 16, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q3 2020 | $37M | 25 | Nov 16, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q2 2020 | $34M | 25 | Aug 14, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q1 2020 | $28M | 23 | May 15, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q4 2019 | $111M | 27 | Feb 14, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q3 2019 | $107M | 27 | Nov 14, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q2 2019 | $124M | 29 | Aug 14, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q1 2019 | $134M | 30 | May 15, 2019 | 13F-HR | changes · 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 ↗.