SEC 13F Intelligence

Managers / Q2 2021 · view latest →

Elm Ridge Management, LLC

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

Reported Value
$70M
Q2 2021
Positions
31
Filings on Record
21
2019–present window
Filed
Aug 16, 2021
original filing

Summary

Elm Ridge Management, LLC reported $70M in U.S.-listed holdings across 31 positions for Q2 2021.

Its largest position, AA, represents 7.3% of the portfolio.

Compared with Q1 2021, the fund opened 5 new positions and exited 1.

Portfolio Metrics

Turnover
+12.5%
vs prior filed quarter
Top-10 Concentration
+52.8%
share of reported value
Largest Position
+7.3%
Alcoa
New / Exited
5 / 1
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: 92.7%Other: 3.7%NY Reg Shrs: 3.6%
  • Common Stock · 92.7% · $65M
  • Other · 3.7% · $3M
  • NY Reg Shrs · 3.6% · $2M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
MGYMAGNOLIA OIL & GAS CORPNEW+177.2K177.2K+$3M$3M
DVNDEVON ENERGY CORP NEWNEW+79.9K79.9K+$2M$2M
ARCBARCBEST CORPNEW+13.6K13.6K+$792,000$792,000
MBIA INCNEW+150.0K150.0K+$274,000$274,000
ADVANCED MICRO DEVICES INCNEW+21.8K21.8K+$40,000$40,000
UFSDOMTAR CORPSOLD OUT75.1K0$3M$0
HOUGHTON MIFFLIN HARCOURT COTRIMMED178.2K46.3K$1M$511,000
ARK ETF TRADDED+9.1K28.9K$223,000$85,000

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

Holdings — Q2 2021

28 positions
#IssuerClass% PortfolioValueShares
1AAALCOA CORPhistory →COM7.30%$5M138.1K
2AERAERCAP HOLDINGS NVhistory →SHS6.37%$4M86.7K
3COPCONOCOPHILLIPShistory →COM5.90%$4M67.5K
4ADNTADIENT PLChistory →ORD SHS5.41%$4M83.5K
5CNQCANADIAN NAT RES LTDhistory →COM5.36%$4M102.9K
6EQTEQT CORPhistory →COM4.79%$3M149.9K
7RRCRANGE RES CORPhistory →COM4.67%$3M194.3K
8CCCHEMOURS COhistory →COM4.53%$3M90.8K
9CRCCALIFORNIA RES CORPhistory →COM STOCK4.48%$3M103.7K
10MGYMAGNOLIA OIL & GAS CORPhistory →CL A3.97%$3M177.2K
11NOVNOV INChistory →COM3.93%$3M178.9K
12NEXTIER OILFIELD SOLUTIONSCOM3.83%$3M560.0K
13CCITIGROUP INChistory →COM NEW3.58%$2M35.2K
14MTARCELORMITTAL SA LUXEMBOURGhistory →NY REGISTRY SH3.57%$2M80.2K
15DVNDEVON ENERGY CORP NEWhistory →COM3.34%$2M79.9K
16LYBLYONDELLBASELL INDUSTRIES Nhistory →SHS - A -3.34%$2M22.7K
17YELLOW CORPCOM3.14%$2M336.2K
18LEALEAR CORPhistory →COM NEW2.98%$2M11.8K
19DANDANA INChistory →COM2.96%$2M86.9K
20WFCWELLS FARGO CO NEWhistory →COM2.76%$2M42.4K
21FDXFEDEX CORPhistory →COM2.23%$2M5.2K
22MGAMAGNA INTL INChistory →COM2.07%$1M15.5K
23BPOPPOPULAR INChistory →COM NEW2.03%$1M18.9K
24CFGCITIZENS FINL GROUP INChistory →COM2.00%$1M30.3K
25VTRSVIATRIS INChistory →COM1.55%$1M75.5K
26NBRNABORS INDUSTRIES LTDhistory →SHS1.46%$1M8.9K
27ARCBARCBEST CORPhistory →COM1.14%$792,00013.6K
28HOUGHTON MIFFLIN HARCOURT COCOM0.73%$511,00046.3K

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 ↗.