Latest Rubric Capital Management LP Stock Portfolio

Rubric Capital Management LP Performance:

2024 Q3: 7.11%YTD: 12.52%2023: 14.09%

Performance for 2024 Q3 is 7.11%, and YTD is 12.52%, 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 $6.1 Billions as of 30 Sep, 2024.

The top stock holdings of Rubric Capital Management LP are , TEVA, ROIV. The fund has invested 33% of it's portfolio in TALEN ENERGY CORP and 4.7% of portfolio in TEVA PHARMACEUTICAL INDS LTD.

The fund managers got completely rid off JAZZ PHARMACEUTICALS PLC (JAZZ), DAVE & BUSTERS ENTMT INC (PLAY) and NCR VOYIX CORPORATION (NCR) stocks. They significantly reduced their stock positions in ANI PHARMACEUTICALS INC (ANIP), CONSTELLIUM SE and COLLEGIUM PHARMACEUTICAL INC (COLL). Rubric Capital Management LP opened new stock positions in TALEN ENERGY CORP, UNITED AIRLS HLDGS INC (UAL) and TREEHOUSE FOODS INC (THS). The fund showed a lot of confidence in some stocks as they added substantially to ARDELYX INC (ARDX), VISTRA CORP (VST) and ALIGHT INC (ALIT).

Rubric Capital Management LP Annual Return Estimates Vs S&P 500

Our best estimate is that Rubric Capital Management LP made a return of 7.11% in the last quarter. In trailing 12 months, it's portfolio return was 24.94%.

New Buys

Ticker	$ Bought
talen energy corp	2,026,340,000
united airls hldgs inc	63,486,300
treehouse foods inc	48,011,000
delek us hldgs inc new	37,500,000
embecta corp	15,306,000
seaport entmt group inc	7,593,750
integra lifesciences hldgs c	5,325,320
seaport entmt group inc	426,461

New stocks bought by Rubric Capital Management LP

Additions

Ticker	% Inc.
ardelyx inc	68.46
vistra corp	60.12
alight inc	38.27
scpharmaceuticals inc	35.46
goodrx hldgs inc	25.24
transalta corp	19.97
schrodinger inc	17.75
quidelortho corp	15.21

Additions to existing portfolio by Rubric Capital Management LP

Reductions

Ticker	% Reduced
ani pharmaceuticals inc	-90.61
constellium se	-58.4
collegium pharmaceutical inc	-46.43
mr cooper group inc	-31.79
extreme networks	-25.17
riskified ltd	-19.02
aar corp	-17.97
fluor corp new	-13.41

Rubric Capital Management LP reduced stake in above stock

Sold off

Ticker	$ Sold
ncr voyix corporation	-42,447,300
revance therapeutics inc	-6,828,100
dave & busters entmt inc	-48,767,200
playa hotels & resorts nv	-8,707,040
ars pharmaceuticals inc	-5,439,620
jazz pharmaceuticals plc	-65,811,500
shutterstock inc	-14,769,100
koppers holdings inc	-13,371,400

Rubric Capital Management LP got rid off the above stocks

Sector Distribution

Rubric Capital Management LP has about 51.3% of it's holdings in Others sector.

Sector	%
Others	51.3
Healthcare	30.8
Industrials	5.2
Utilities	4.1
Technology	3
Financial Services	1.6
Consumer Cyclical	1.5
Basic Materials	1.1

Market Cap. Distribution

Rubric Capital Management LP has about 13.7% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
UNALLOCATED	52.3
SMALL-CAP	16.2
MID-CAP	15.3
LARGE-CAP	13.7
MICRO-CAP	2.4

Stocks belong to which Index?

About 30% of the stocks held by Rubric Capital Management LP either belong to S&P 500 or RUSSELL 2000 index.

Index	%
Others	70
RUSSELL 2000	25.1
S&P 500	4.9

Top 5 Winners (%)		%
OVID	ovid therapeutics inc	53.4 %
MD	pediatrix medical group inc	52.6 %
ADPT	adaptive biotechnologies cor	40.4 %
VST	vistra corp	38.2 %
QDEL	quidelortho corp	32.5 %

Top 5 Winners ($)		$
VST	vistra corp	69.7 M
QDEL	quidelortho corp	47.0 M
MD	pediatrix medical group inc	33.1 M
TEVA	teva pharmaceutical inds ltd	29.8 M
ROIV	roivant sciences ltd	22.2 M

Top 5 Losers (%)		%
HRTX	heron therapeutics inc	-43.1 %
CHRS	coherus biosciences inc	-39.9 %
MYPS	playstudios inc	-27.1 %
CAR	avis budget group	-16.2 %
IART	integra lifesciences hldgs c	-15.7 %

Top 5 Losers ($)		$
HRTX	heron therapeutics inc	-40.3 M
CAR	avis budget group	-11.7 M
CHRS	coherus biosciences inc	-7.2 M
AIR	aar corp	-4.3 M
DK	delek us hldgs inc new	-4.1 M

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 63 stocks in it's portfolio. About 63.5% of the portfolio is in top 10 stocks. HRTX proved to be the most loss making stock for the portfolio. VST was the most profitable stock for Rubric Capital Management LP last quarter.

Last Reported on: 13 Nov, 2024

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
ABUS	arbutus biopharma corp	0.10	1,681,090	6,472,200	unchanged	0.00

ADPT	adaptive biotechnologies cor	1.20	14,400,000	73,728,000	added	2.86

AIR	aar corp	0.50	471,699	30,830,200	reduced	-17.97

ALIT	alight inc	1.40	11,646,700	86,185,400	added	38.27

AMRX	amneal pharmaceuticals inc	1.45	10,721,800	89,205,200	unchanged	0.00

ANIP	ani pharmaceuticals inc	0.06	56,671	3,380,990	reduced	-90.61

ARDX	ardelyx inc	0.34	3,060,190	21,084,700	added	68.46

ARQT	arcutis biotherapeutics inc	1.66	10,966,700	101,990,000	added	11.71

BCYC	bicycle therapeutics plc	0.00	0.00	0.00	sold off	-100

CAR	avis budget group	0.96	672,406	58,896,000	reduced	-2.59

CHRS	coherus biosciences inc	0.18	10,400,000	10,816,000	unchanged	0.00

CHRS	coherus biosciences inc	0.03	2,500,000	1,948,200	unchanged	0.00

CNNE	cannae hldgs inc	0.44	1,430,250	27,260,500	unchanged	0.00

COLL	collegium pharmaceutical inc	0.79	1,250,000	48,300,000	reduced	-46.43

COOP	mr cooper group inc	1.56	1,036,000	95,498,300	reduced	-31.79

CRS	carpenter technology corp	0.00	0.00	0.00	sold off	-100

DK	delek us hldgs inc new	0.61	2,000,000	37,500,000	new

EMBC	embecta corp	0.25	1,085,530	15,306,000	new

EXTR	extreme networks	0.96	3,931,910	59,096,700	reduced	-25.17

FIP	ftai infrastructure inc	0.48	3,150,350	29,487,300	reduced	-1.35