Latest Rubric Capital Management LP Stock Portfolio
$3.81Billion– No. of Holdings #66
Rubric Capital Management LP Performance:
2024 Q2: -3.16%YTD: 5.05%2023: 14.09%
Performance for 2024 Q2 is -3.16%, and YTD is 5.05%, and 2023 is 14.09%.
About Rubric Capital Management LP and 13F Hedge Fund Stock Holdings
Rubric Capital Management LP is a hedge fund based in NEW YORK, NY. On 01-Jun-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $4 Billions. In it's latest 13F Holdings report, Rubric Capital Management LP reported an equity portfolio of $3.8 Billions as of 30 Jun, 2024.
The top stock holdings of Rubric Capital Management LP are TEVA, ROIV, VTRS. The fund has invested 7.4% of it's portfolio in TEVA PHARMACEUTICAL INDS LTD and 6.4% of portfolio in ROIVANT SCIENCES LTD.
The fund managers got completely rid off ISHARES BITCOIN TR, KINIKSA PHARMACEUTICALS LTD (KNSA) and PAR PAC HOLDINGS INC (PARR) stocks. They significantly reduced their stock positions in PLAYA HOTELS & RESORTS NV (PLYA), ANI PHARMACEUTICALS INC (ANIP) and KOPPERS HOLDINGS INC (KOP). Rubric Capital Management LP opened new stock positions in JAZZ PHARMACEUTICALS PLC (JAZZ), ALIGHT INC (ALIT) and TELADOC HEALTH INC (TDOC). The fund showed a lot of confidence in some stocks as they added substantially to OPKO HEALTH INC (OPK), PEDIATRIX MEDICAL GROUP INC (MD) and AVIS BUDGET GROUP (CAR).
The top stock holdings of Rubric Capital Management LP are TEVA, ROIV, VTRS. The fund has invested 7.4% of it's portfolio in TEVA PHARMACEUTICAL INDS LTD and 6.4% of portfolio in ROIVANT SCIENCES LTD.
The fund managers got completely rid off ISHARES BITCOIN TR, KINIKSA PHARMACEUTICALS LTD (KNSA) and PAR PAC HOLDINGS INC (PARR) stocks. They significantly reduced their stock positions in PLAYA HOTELS & RESORTS NV (PLYA), ANI PHARMACEUTICALS INC (ANIP) and KOPPERS HOLDINGS INC (KOP). Rubric Capital Management LP opened new stock positions in JAZZ PHARMACEUTICALS PLC (JAZZ), ALIGHT INC (ALIT) and TELADOC HEALTH INC (TDOC). The fund showed a lot of confidence in some stocks as they added substantially to OPKO HEALTH INC (OPK), PEDIATRIX MEDICAL GROUP INC (MD) and AVIS BUDGET GROUP (CAR).
Rubric Capital Management LP Equity Portfolio Value
Last Reported on: 13 Aug, 2024
Rubric Capital Management LP Annual Return Estimates Vs S&P 500
Our best estimate is that Rubric Capital Management LP made a return of -3.16% in the last quarter. In trailing 12 months, it's portfolio return was 16.92%.
New Buys
| Ticker | $ Bought |
|---|---|
| jazz pharmaceuticals plc | 65,811,500 |
| alight inc | 62,162,200 |
| teladoc health inc | 45,267,000 |
| kiniksa pharmaceuticals intl | 45,164,700 |
| shutterstock inc | 14,769,100 |
| arbutus biopharma corp | 5,194,570 |
| immunovant inc | 1,547,670 |
New stocks bought by Rubric Capital Management LP
Additions
| Ticker | % Inc. |
|---|---|
| opko health inc | 800 |
| pediatrix medical group inc | 796 |
| avis budget group | 220 |
| schrodinger inc | 213 |
| dave & busters entmt inc | 104 |
| liberty global ltd | 85.44 |
| carpenter technology corp | 77.73 |
| goodrx hldgs inc | 76.51 |
Additions to existing portfolio by Rubric Capital Management LP
Reductions
| Ticker | % Reduced |
|---|---|
| playa hotels & resorts nv | -75.03 |
| ani pharmaceuticals inc | -37.01 |
| koppers holdings inc | -36.88 |
| ncr voyix corporation | -24.4 |
| aar corp | -20.69 |
| werewolf therapeutics inc | -17.71 |
| trevi therapeutics inc | -9.65 |
| teva pharmaceutical inds ltd | -2.31 |
Rubric Capital Management LP reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| kiniksa pharmaceuticals ltd | -43,327,300 |
| ishares bitcoin tr | -69,709,500 |
| atmus filtration technologie | -36,508,800 |
| par pac holdings inc | -28,624,600 |
| cullinan oncology inc | -10,682,900 |
| springworks therapeutics inc | -21,005,500 |
| xeris biopharma holdings inc | -687,219 |
| nuvalent inc | -19,664,100 |
Rubric Capital Management LP got rid off the above stocks
Sector Distribution
Rubric Capital Management LP has about 47.3% of it's holdings in Healthcare sector.
| Sector | % |
|---|---|
| Healthcare | 47.3 |
| Others | 26.3 |
| Industrials | 7.8 |
| Technology | 5.5 |
| Financial Services | 3.3 |
| Utilities | 3 |
| Consumer Cyclical | 2.6 |
| Basic Materials | 2.1 |
| Communication Services | 1.8 |
Market Cap. Distribution
Rubric Capital Management LP has about 16.1% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| UNALLOCATED | 27.8 |
| SMALL-CAP | 27.2 |
| MID-CAP | 24.5 |
| LARGE-CAP | 16.1 |
| MICRO-CAP | 3.3 |
| NANO-CAP | 1.2 |
Stocks belong to which Index?
About 45.7% of the stocks held by Rubric Capital Management LP either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| Others | 54.3 |
| RUSSELL 2000 | 40.1 |
| S&P 500 | 5.6 |
Rubric Capital Management LP Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of Rubric Capital Management LP
Rubric Capital Management LP has 66 stocks in it's portfolio. About 44.4% of the portfolio is in top 10 stocks. QDEL proved to be the most loss making stock for the portfolio. TEVA was the most profitable stock for Rubric Capital Management LP last quarter.
Last Reported on: 13 Aug, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| ABUS | arbutus biopharma corp | 0.14 | 1,681,090 | 5,194,570 | new | |||
| ADPT | adaptive biotechnologies cor | 1.33 | 14,000,000 | 50,680,000 | added | 33.33 | ||
| AIR | aar corp | 1.10 | 575,000 | 41,802,500 | reduced | -20.69 | ||
| ALIT | alight inc | 1.63 | 8,423,060 | 62,162,200 | new | |||
| AMRX | amneal pharmaceuticals inc | 1.78 | 10,721,800 | 68,083,300 | added | 12.36 | ||
| ANIP | ani pharmaceuticals inc | 1.01 | 603,800 | 38,450,000 | reduced | -37.01 | ||
| ARDX | ardelyx inc | 0.35 | 1,816,580 | 13,460,900 | unchanged | 0.00 | ||
| ARQT | arcutis biotherapeutics inc | 2.39 | 9,816,670 | 91,295,000 | added | 30.71 | ||
| BCYC | bicycle therapeutics plc | 0.11 | 205,423 | 4,157,760 | unchanged | 0.00 | ||
| CAR | avis budget group | 1.89 | 690,273 | 72,147,300 | added | 220 | ||
| CGEM | cullinan oncology inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| CHRS | coherus biosciences inc | 0.47 | 10,400,000 | 17,992,000 | unchanged | 0.00 | ||
| CHRS | coherus biosciences inc | 0.05 | 2,500,000 | 1,828,120 | unchanged | 0.00 | ||
| CNNE | cannae hldgs inc | 0.68 | 1,430,250 | 25,944,700 | added | 17.79 | ||
| COLL | collegium pharmaceutical inc | 1.97 | 2,333,500 | 75,138,700 | added | 27.23 | ||
| COOP | mr cooper group inc | 3.23 | 1,518,770 | 123,370,000 | unchanged | 0.00 | ||
| CRS | carpenter technology corp | 0.40 | 139,806 | 15,319,900 | added | 77.73 | ||
| EXTR | extreme networks | 1.85 | 5,254,740 | 70,676,300 | added | 52.31 | ||
| FIP | ftai infrastructure inc | 0.72 | 3,193,530 | 27,560,200 | unchanged | 0.00 | ||
| FLR | fluor corp new | 3.67 | 3,214,520 | 139,992,000 | added | 23.64 | ||