Q3 2023
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| VSTO | Buy | VISTA OUTDOOR INC | $191,600,724 | +26.5% | 5,785,046 | +5.7% | 4.80% | +34.6% |
| Buy | GE HEALTHCARE TECHNOLOGIES I | $184,309,133 | -1.6% | 2,708,835 | +17.5% | 4.62% | +4.7% | |
| RTOKY | Sell | RENTOKIL INITIAL PLCsponsored adr | $171,422,347 | -9.5% | 4,626,784 | -4.7% | 4.29% | -3.7% |
| ESI | Sell | ELEMENT SOLUTIONS INC | $159,272,479 | -0.6% | 8,122,003 | -2.7% | 3.99% | +5.7% |
| NVST | Buy | ENVISTA HOLDINGS CORPORATION | $157,909,532 | +72.0% | 5,663,900 | +108.8% | 3.95% | +83.0% |
| New | KENVUE INC | $157,649,325 | – | 7,851,062 | – | 3.95% | – | |
| WH | Sell | WYNDHAM HOTELS & RESORTS INC | $139,817,333 | -13.5% | 2,010,603 | -14.7% | 3.50% | -8.0% |
| ATKR | Sell | ATKORE INC | $135,635,641 | -16.6% | 909,147 | -12.9% | 3.40% | -11.3% |
| PNR | Sell | PENTAIR PLC | $130,269,036 | -10.9% | 2,011,877 | -11.1% | 3.26% | -5.1% |
| Sell | MASTERBRAND INC | $115,282,906 | +3.0% | 9,488,305 | -1.5% | 2.89% | +9.5% | |
| FTV | Sell | FORTIVE CORP | $114,633,858 | -28.0% | 1,545,764 | -27.4% | 2.87% | -23.4% |
| GLPI | Sell | GAMING & LEISURE PPTYS INC | $113,161,232 | -10.9% | 2,484,330 | -5.2% | 2.83% | -5.2% |
| Buy | FORTREA HLDGS INC | $112,656,179 | +199.0% | 3,940,405 | +255.7% | 2.82% | +218.0% | |
| AWI | Sell | ARMSTRONG WORLD INDS INC NEW | $110,740,464 | -29.6% | 1,538,062 | -28.2% | 2.77% | -25.1% |
| New | CRH PLCord | $101,687,847 | – | 1,857,991 | – | 2.55% | – | |
| OTIS | Sell | OTIS WORLDWIDE CORP | $101,659,369 | -34.3% | 1,265,837 | -27.2% | 2.54% | -30.1% |
| CHX | Sell | CHAMPIONX CORPORATION | $91,111,009 | -29.6% | 2,557,861 | -38.6% | 2.28% | -25.1% |
| MLI | Buy | MUELLER INDS INC | $89,947,279 | +32.1% | 1,196,744 | +53.4% | 2.25% | +40.6% |
| CARR | Buy | CARRIER GLOBAL CORPORATIONput | $81,420,000 | +63.8% | 1,475,000 | +47.5% | 2.04% | +74.3% |
| GTLS | Buy | CHART INDS INC | $76,091,485 | +47.5% | 449,926 | +39.3% | 1.90% | +56.9% |
| ENTG | Buy | ENTEGRIS INC | $65,888,477 | -12.2% | 701,613 | +3.6% | 1.65% | -6.6% |
| SPGI | Sell | S&P GLOBAL INCput | $64,129,455 | -46.7% | 175,500 | -41.5% | 1.61% | -43.3% |
| MERC | Buy | MERCER INTL INC | $42,896,396 | +45.7% | 4,999,580 | +37.1% | 1.07% | +55.0% |
| Buy | EXELA TECHNOLOGIES INC6% conv pfd sr b | $135,414 | -1.0% | 46,534 | +39.5% | 0.00% | 0.0% | |
| Exit | ZURN ELKAY WATER SOLNS CORP | $0 | – | -748,898 | – | -0.47% | – | |
| CRH | Exit | CRH PLCadr | $0 | – | -1,226,988 | – | -1.61% | – |
| ENTG | Exit | ENTEGRIS INCput | $0 | – | -670,000 | – | -1.75% | – |
| Exit | ENVISTA HOLDINGS CORPORATIONnote 2.375% 6/0 | $0 | – | -53,500,000 | – | -2.11% | – | |
| LH | Exit | LABORATORY CORP AMER HLDGS | $0 | – | -543,729 | – | -3.09% | – |
Q2 2023
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| XLI | New | SELECT SECTOR SPDR TRput | $402,450,000 | – | 3,750,000 | – | 9.47% | – |
| XLI | New | SELECT SECTOR SPDR TRcall | $402,450,000 | – | 3,750,000 | – | 9.47% | – |
| RTOKY | New | RENTOKIL INITIAL PLCsponsored adr | $189,369,637 | – | 4,854,387 | – | 4.46% | – |
| New | GE HEALTHCARE TECHNOLOGIES I | $187,334,159 | – | 2,305,935 | – | 4.41% | – | |
| CARR | New | CARRIER GLOBAL CORPORATION | $175,794,693 | – | 3,536,405 | – | 4.14% | – |
| ATKR | New | ATKORE INC | $162,726,353 | – | 1,043,519 | – | 3.83% | – |
| WH | New | WYNDHAM HOTELS & RESORTS INC | $161,632,793 | – | 2,357,194 | – | 3.80% | – |
| ESI | New | ELEMENT SOLUTIONS INC | $160,297,555 | – | 8,348,831 | – | 3.77% | – |
| FTV | New | FORTIVE CORP | $159,223,837 | – | 2,129,515 | – | 3.75% | – |
| AWI | New | ARMSTRONG WORLD INDS INC NEW | $157,285,647 | – | 2,141,106 | – | 3.70% | – |
| OTIS | New | OTIS WORLDWIDE CORP | $154,665,734 | – | 1,737,622 | – | 3.64% | – |
| VSTO | New | VISTA OUTDOOR INC | $151,417,047 | – | 5,472,246 | – | 3.56% | – |
| PNR | New | PENTAIR PLC | $146,150,071 | – | 2,262,385 | – | 3.44% | – |
| LH | New | LABORATORY CORP AMER HLDGS | $131,218,120 | – | 543,729 | – | 3.09% | – |
| SPGI | New | S&P GLOBAL INC | $131,032,500 | – | 326,854 | – | 3.08% | – |
| CHX | New | CHAMPIONX CORPORATION | $129,338,124 | – | 4,166,821 | – | 3.04% | – |
| GLPI | New | GAMING & LEISURE PPTYS INC | $126,988,461 | – | 2,620,480 | – | 2.99% | – |
| SPGI | New | S&P GLOBAL INCput | $120,267,000 | – | 300,000 | – | 2.83% | – |
| New | MASTERBRAND INC | $111,974,989 | – | 9,628,116 | – | 2.64% | – | |
| NVST | New | ENVISTA HOLDINGS CORPORATION | $91,808,631 | – | 2,713,021 | – | 2.16% | – |
| New | ENVISTA HOLDINGS CORPORATIONnote 2.375% 6/0 | $89,746,250 | – | 53,500,000 | – | 2.11% | – | |
| VICI | New | VICI PPTYS INC | $88,687,194 | – | 2,821,737 | – | 2.09% | – |
| DVA | New | DAVITA INC | $88,229,740 | – | 878,170 | – | 2.08% | – |
| ENTG | New | ENTEGRIS INC | $75,031,678 | – | 677,059 | – | 1.77% | – |
| ENTG | New | ENTEGRIS INCput | $74,249,400 | – | 670,000 | – | 1.75% | – |
| CRH | New | CRH PLCadr | $68,380,041 | – | 1,226,988 | – | 1.61% | – |
| MLI | New | MUELLER INDS INC | $68,082,240 | – | 780,044 | – | 1.60% | – |
| New | CONSENSUS CLOUD SOLUTIONS IN | $54,832,304 | – | 1,768,784 | – | 1.29% | – | |
| GTLS | New | CHART INDS INC | $51,600,346 | – | 322,926 | – | 1.21% | – |
| CARR | New | CARRIER GLOBAL CORPORATIONput | $49,710,000 | – | 1,000,000 | – | 1.17% | – |
| New | FORTREA HLDGS INC | $37,674,918 | – | 1,107,760 | – | 0.89% | – | |
| MERC | New | MERCER INTL INC | $29,431,637 | – | 3,647,043 | – | 0.69% | – |
| New | ZURN ELKAY WATER SOLNS CORP | $20,137,867 | – | 748,898 | – | 0.47% | – | |
| New | EXELA TECHNOLOGIES INC6% conv pfd sr b | $136,797 | – | 33,365 | – | 0.00% | – |
Q4 2022
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| BYD | Exit | BOYD GAMING CORP | $0 | – | -223,720 | – | -0.39% | – |
| NVST | Exit | ENVISTA HOLDINGS CORPORATION | $0 | – | -756,689 | – | -0.91% | – |
| AWI | Exit | ARMSTRONG WORLD INDS INC NEWput | $0 | – | -500,000 | – | -1.45% | – |
| Exit | ZURN ELKAY WATER SOLNS CORP | $0 | – | -2,180,372 | – | -1.96% | – | |
| Exit | CONSENSUS CLOUD SOLUTIONS IN | $0 | – | -1,130,337 | – | -1.96% | – | |
| PNR | Exit | PENTAIR PLC | $0 | – | -1,673,306 | – | -2.49% | – |
| STZ | Exit | CONSTELLATION BRANDS INCput | $0 | – | -300,000 | – | -2.53% | – |
| STZ | Exit | CONSTELLATION BRANDS INCcl a | $0 | – | -331,543 | – | -2.79% | – |
| Exit | GXO LOGISTICS INCORPORATED | $0 | – | -2,401,522 | – | -3.09% | – | |
| AWI | Exit | ARMSTRONG WORLD INDS INC NEW | $0 | – | -1,076,985 | – | -3.13% | – |
| ATKR | Exit | ATKORE INC | $0 | – | -1,110,818 | – | -3.17% | – |
| Exit | ENVISTA HOLDINGS CORPORATIONnote 2.375% 6/0 | $0 | – | -53,500,000 | – | -3.24% | – | |
| VICI | Exit | VICI PPTYS INC | $0 | – | -3,223,449 | – | -3.53% | – |
| SPGI | Exit | S&P GLOBAL INCput | $0 | – | -343,000 | – | -3.84% | – |
| ENTG | Exit | ENTEGRIS INC | $0 | – | -1,302,718 | – | -3.97% | – |
| OTIS | Exit | OTIS WORLDWIDE CORPput | $0 | – | -1,800,000 | – | -4.21% | – |
| GLPI | Exit | GAMING & LEISURE PPTYS INC | $0 | – | -2,638,857 | – | -4.28% | – |
| DVA | Exit | DAVITA INC | $0 | – | -1,464,330 | – | -4.44% | – |
| SPGI | Exit | S&P GLOBAL INC | $0 | – | -439,028 | – | -4.92% | – |
| VSTO | Exit | VISTA OUTDOOR INC | $0 | – | -5,575,891 | – | -4.97% | – |
| CARR | Exit | CARRIER GLOBAL CORPORATION | $0 | – | -3,945,166 | – | -5.14% | – |
| OTIS | Exit | OTIS WORLDWIDE CORP | $0 | – | -2,221,622 | – | -5.20% | – |
| FTV | Exit | FORTIVE CORP | $0 | – | -2,480,130 | – | -5.30% | – |
| WH | Exit | WYNDHAM HOTELS & RESORTS INC | $0 | – | -2,490,109 | – | -5.60% | – |
| TMX | Exit | TERMINIX GLOBAL HOLDINGS INC | $0 | – | -3,995,390 | – | -5.61% | – |
| CHX | Exit | CHAMPIONX CORPORATION | $0 | – | -8,147,962 | – | -5.85% | – |
| ESI | Exit | ELEMENT SOLUTIONS INC | $0 | – | -10,076,858 | – | -6.01% | – |
Q3 2022
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| ESI | Buy | ELEMENT SOLUTIONS INC | $163,950,000 | -6.5% | 10,076,858 | +2.3% | 6.01% | -2.0% |
| CHX | Buy | CHAMPIONX CORPORATION | $159,456,000 | +0.4% | 8,147,962 | +1.8% | 5.85% | +5.2% |
| TMX | Sell | TERMINIX GLOBAL HOLDINGS INC | $152,983,000 | -8.4% | 3,995,390 | -2.7% | 5.61% | -4.0% |
| WH | Buy | WYNDHAM HOTELS & RESORTS INC | $152,768,000 | -1.6% | 2,490,109 | +5.4% | 5.60% | +3.1% |
| FTV | Sell | FORTIVE CORP | $144,592,000 | -10.4% | 2,480,130 | -16.4% | 5.30% | -6.1% |
| CARR | Buy | CARRIER GLOBAL CORPORATION | $140,290,000 | +6.5% | 3,945,166 | +6.8% | 5.14% | +11.6% |
| SPGI | Sell | S&P GLOBAL INC | $134,057,000 | -22.3% | 439,028 | -14.2% | 4.92% | -18.6% |
| DVA | Sell | DAVITA INC | $121,203,000 | -15.5% | 1,464,330 | -18.3% | 4.44% | -11.4% |
| GLPI | Sell | GAMING & LEISURE PPTYS INC | $116,743,000 | -25.2% | 2,638,857 | -22.5% | 4.28% | -21.6% |
| OTIS | Sell | OTIS WORLDWIDE CORPput | $114,840,000 | -26.1% | 1,800,000 | -18.2% | 4.21% | -22.6% |
| ENTG | Buy | ENTEGRIS INC | $108,152,000 | +4.6% | 1,302,718 | +16.1% | 3.97% | +9.6% |
| SPGI | New | S&P GLOBAL INCput | $104,735,000 | – | 343,000 | – | 3.84% | – |
| ATKR | New | ATKORE INC | $86,433,000 | – | 1,110,818 | – | 3.17% | – |
| AWI | Sell | ARMSTRONG WORLD INDS INC NEW | $85,330,000 | -1.7% | 1,076,985 | -7.0% | 3.13% | +3.0% |
| Buy | GXO LOGISTICS INCORPORATED | $84,197,000 | -7.7% | 2,401,522 | +13.9% | 3.09% | -3.3% | |
| PNR | Buy | PENTAIR PLC | $67,986,000 | -9.1% | 1,673,306 | +2.4% | 2.49% | -4.7% |
| Sell | CONSENSUS CLOUD SOLUTIONS IN | $53,465,000 | -12.2% | 1,130,337 | -18.9% | 1.96% | -8.0% | |
| Sell | ZURN ELKAY WATER SOLNS CORP | $53,419,000 | -30.3% | 2,180,372 | -22.5% | 1.96% | -27.0% | |
| AWI | New | ARMSTRONG WORLD INDS INC NEWput | $39,615,000 | – | 500,000 | – | 1.45% | – |
| NVST | Buy | ENVISTA HOLDINGS CORPORATION | $24,827,000 | +1188.4% | 756,689 | +1413.4% | 0.91% | +1259.7% |
| BYD | Sell | BOYD GAMING CORP | $10,660,000 | -85.5% | 223,720 | -84.8% | 0.39% | -84.8% |
| MERC | Exit | MERCER INTL INC | $0 | – | -500,097 | – | -0.23% | – |
| ENTG | Exit | ENTEGRIS INCput | $0 | – | -500,000 | – | -1.61% | – |
Q2 2022
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| ESI | New | ELEMENT SOLUTIONS INC | $175,290,000 | – | 9,847,773 | – | 6.14% | – |
| SPGI | New | S&P GLOBAL INC | $172,492,000 | – | 511,756 | – | 6.04% | – |
| TMX | New | TERMINIX GLOBAL HOLDINGS INC | $166,959,000 | – | 4,107,221 | – | 5.84% | – |
| FTV | New | FORTIVE CORP | $161,389,000 | – | 2,967,801 | – | 5.65% | – |
| CHX | New | CHAMPIONX CORPORATION | $158,803,000 | – | 8,000,171 | – | 5.56% | – |
| OTIS | New | OTIS WORLDWIDE CORP | $157,002,000 | – | 2,221,622 | – | 5.50% | – |
| GLPI | New | GAMING & LEISURE PPTYS INC | $156,130,000 | – | 3,404,488 | – | 5.46% | – |
| VSTO | New | VISTA OUTDOOR INC | $155,567,000 | – | 5,575,891 | – | 5.45% | – |
| OTIS | New | OTIS WORLDWIDE CORPput | $155,474,000 | – | 2,200,000 | – | 5.44% | – |
| WH | New | WYNDHAM HOTELS & RESORTS INC | $155,268,000 | – | 2,362,561 | – | 5.44% | – |
| DVA | New | DAVITA INC | $143,380,000 | – | 1,793,144 | – | 5.02% | – |
| CARR | New | CARRIER GLOBAL CORPORATION | $131,692,000 | – | 3,692,996 | – | 4.61% | – |
| ENTG | New | ENTEGRIS INC | $103,362,000 | – | 1,121,918 | – | 3.62% | – |
| New | ENVISTA HOLDINGS CORPORATIONnote 2.375% 6/0 | $102,453,000 | – | 53,500,000 | – | 3.59% | – | |
| VICI | New | VICI PPTYS INC | $96,027,000 | – | 3,223,449 | – | 3.36% | – |
| New | GXO LOGISTICS INCORPORATED | $91,195,000 | – | 2,107,577 | – | 3.19% | – | |
| AWI | New | ARMSTRONG WORLD INDS INC NEW | $86,768,000 | – | 1,157,520 | – | 3.04% | – |
| STZ | New | CONSTELLATION BRANDS INCcl a | $77,269,000 | – | 331,543 | – | 2.70% | – |
| New | ZURN WATER SOLUTIONS CORP | $76,686,000 | – | 2,815,186 | – | 2.68% | – | |
| PNR | New | PENTAIR PLC | $74,756,000 | – | 1,633,306 | – | 2.62% | – |
| BYD | New | BOYD GAMING CORP | $73,362,000 | – | 1,474,620 | – | 2.57% | – |
| STZ | New | CONSTELLATION BRANDS INCput | $69,918,000 | – | 300,000 | – | 2.45% | – |
| New | CONSENSUS CLOUD SOLUTIONS IN | $60,914,000 | – | 1,394,561 | – | 2.13% | – | |
| ENTG | New | ENTEGRIS INCput | $46,065,000 | – | 500,000 | – | 1.61% | – |
| MERC | New | MERCER INTL INC | $6,576,000 | – | 500,097 | – | 0.23% | – |
| NVST | New | ENVISTA HOLDINGS CORPORATION | $1,927,000 | – | 50,000 | – | 0.07% | – |
Q4 2021
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| IO | Exit | ION GEOPHYSICAL CORP | $0 | – | -2,953,850 | – | -0.11% | – |
| NES | Exit | NUVERRA ENVIRONMENTAL SOLUTI | $0 | – | -6,626,660 | – | -0.36% | – |
| NVST | Exit | ENVISTA HOLDINGS CORPORATION | $0 | – | -322,742 | – | -0.37% | – |
| WAB | Exit | WABTEC | $0 | – | -272,707 | – | -0.65% | – |
| BYD | Exit | BOYD GAMING CORP | $0 | – | -416,508 | – | -0.72% | – |
| MERC | Exit | MERCER INTL INC | $0 | – | -3,819,248 | – | -1.22% | – |
| WBT | Exit | WELBILT INC | $0 | – | -2,011,994 | – | -1.29% | – |
| Exit | ION GEOPHYSICAL CORPnote 8.000%12/1 | $0 | – | -70,479,000 | – | -1.67% | – | |
| BERY | Exit | BERRY GLOBAL GROUP INC | $0 | – | -1,150,531 | – | -1.93% | – |
| Exit | BATH & BODY WORKS INC | $0 | – | -1,511,328 | – | -2.62% | – | |
| AWI | Exit | ARMSTRONG WORLD INDS INC NEW | $0 | – | -1,036,261 | – | -2.72% | – |
| IAA | Exit | IAA INC | $0 | – | -1,838,746 | – | -2.76% | – |
| CHX | Exit | CHAMPIONX CORPORATION | $0 | – | -4,677,459 | – | -2.88% | – |
| Exit | ENVISTA HOLDINGS CORPORATIONnote 2.375% 6/0 | $0 | – | -53,500,000 | – | -3.06% | – | |
| CZR | Exit | CAESARS ENTERTAINMENT INC NE | $0 | – | -1,081,654 | – | -3.34% | – |
| IFF | Exit | INTERNATIONAL FLAVORS&FRAGRA | $0 | – | -973,381 | – | -3.58% | – |
| AXTA | Exit | AXALTA COATING SYS LTD | $0 | – | -4,530,661 | – | -3.64% | – |
| Exit | GXO LOGISTICS INCORPORATED | $0 | – | -1,739,008 | – | -3.76% | – | |
| STZ | Exit | CONSTELLATION BRANDS INCcl a | $0 | – | -681,821 | – | -3.95% | – |
| VNT | Exit | VONTIER CORPORATION | $0 | – | -4,436,867 | – | -4.10% | – |
| WH | Exit | WYNDHAM HOTELS & RESORTS INC | $0 | – | -1,964,826 | – | -4.18% | – |
| RXN | Exit | REXNORD CORP | $0 | – | -2,399,662 | – | -4.25% | – |
| CARR | Exit | CARRIER GLOBAL CORPORATION | $0 | – | -3,203,518 | – | -4.56% | – |
| SPGI | Exit | S&P GLOBAL INC | $0 | – | -395,597 | – | -4.63% | – |
| GLPI | Exit | GAMING & LEISURE PPTYS INC | $0 | – | -3,654,211 | – | -4.66% | – |
| DVA | Exit | DAVITA INC | $0 | – | -1,497,534 | – | -4.79% | – |
| TMX | Exit | TERMINIX GLOBAL HOLDINGS INC | $0 | – | -4,361,216 | – | -5.00% | – |
| VICI | Exit | VICI PPTYS INC | $0 | – | -6,999,275 | – | -5.47% | – |
| OTIS | Exit | OTIS WORLDWIDE CORP | $0 | – | -2,441,443 | – | -5.53% | – |
| ESI | Exit | ELEMENT SOLUTIONS INC | $0 | – | -10,077,125 | – | -6.01% | – |
| VSTO | Exit | VISTA OUTDOOR INC | $0 | – | -5,564,317 | – | -6.17% | – |
Q3 2021
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| VSTO | Buy | VISTA OUTDOOR INC | $224,298,000 | +15.9% | 5,564,317 | +33.1% | 6.17% | +10.6% |
| ESI | Buy | ELEMENT SOLUTIONS INC | $218,472,000 | +2.3% | 10,077,125 | +10.3% | 6.01% | -2.4% |
| OTIS | Sell | OTIS WORLDWIDE CORP | $200,882,000 | -12.8% | 2,441,443 | -13.4% | 5.53% | -16.8% |
| VICI | Buy | VICI PPTYS INC | $198,849,000 | +81.0% | 6,999,275 | +97.6% | 5.47% | +72.8% |
| TMX | Buy | TERMINIX GLOBAL HOLDINGS INC | $181,732,000 | +12.7% | 4,361,216 | +29.1% | 5.00% | +7.6% |
| DVA | Buy | DAVITA INC | $174,103,000 | +1.2% | 1,497,534 | +4.8% | 4.79% | -3.4% |
| GLPI | Sell | GAMING & LEISURE PPTYS INC | $169,263,000 | -6.9% | 3,654,211 | -6.9% | 4.66% | -11.1% |
| SPGI | Sell | S&P GLOBAL INC | $168,085,000 | -13.3% | 395,597 | -16.2% | 4.63% | -17.2% |
| CARR | Sell | CARRIER GLOBAL CORPORATION | $165,814,000 | -8.9% | 3,203,518 | -14.5% | 4.56% | -13.0% |
| RXN | Buy | REXNORD CORP | $154,274,000 | +131.1% | 2,399,662 | +79.9% | 4.25% | +120.7% |
| WH | Buy | WYNDHAM HOTELS & RESORTS INC | $151,665,000 | +9.2% | 1,964,826 | +2.3% | 4.18% | +4.3% |
| VNT | Sell | VONTIER CORPORATION | $149,079,000 | -20.7% | 4,436,867 | -23.1% | 4.10% | -24.3% |
| STZ | Buy | CONSTELLATION BRANDS INCcl a | $143,653,000 | -1.2% | 681,821 | +9.6% | 3.95% | -5.7% |
| New | GXO LOGISTICS INCORPORATED | $136,408,000 | – | 1,739,008 | – | 3.76% | – | |
| AXTA | Buy | AXALTA COATING SYS LTD | $132,250,000 | +9.5% | 4,530,661 | +14.4% | 3.64% | +4.5% |
| IFF | Buy | INTERNATIONAL FLAVORS&FRAGRA | $130,161,000 | +5.8% | 973,381 | +18.2% | 3.58% | +1.0% |
| CZR | Sell | CAESARS ENTERTAINMENT INC NE | $121,448,000 | -19.0% | 1,081,654 | -25.2% | 3.34% | -22.7% |
| CHX | Sell | CHAMPIONX CORPORATION | $104,588,000 | -14.0% | 4,677,459 | -1.3% | 2.88% | -17.9% |
| IAA | Sell | IAA INC | $100,340,000 | -17.0% | 1,838,746 | -17.0% | 2.76% | -20.7% |
| AWI | Buy | ARMSTRONG WORLD INDS INC NEW | $98,932,000 | -8.9% | 1,036,261 | +2.4% | 2.72% | -13.0% |
| New | BATH & BODY WORKS INC | $95,259,000 | – | 1,511,328 | – | 2.62% | – | |
| BERY | Buy | BERRY GLOBAL GROUP INC | $70,044,000 | -2.4% | 1,150,531 | +4.5% | 1.93% | -6.8% |
| WBT | Sell | WELBILT INC | $46,759,000 | -12.6% | 2,011,994 | -13.0% | 1.29% | -16.6% |
| MERC | Sell | MERCER INTL INC | $44,265,000 | -12.5% | 3,819,248 | -3.7% | 1.22% | -16.5% |
| BYD | New | BOYD GAMING CORP | $26,348,000 | – | 416,508 | – | 0.72% | – |
| WAB | Sell | WABTEC | $23,510,000 | -76.4% | 272,707 | -77.5% | 0.65% | -77.5% |
| NVST | New | ENVISTA HOLDINGS CORPORATION | $13,494,000 | – | 322,742 | – | 0.37% | – |
| IO | Sell | ION GEOPHYSICAL CORP | $3,929,000 | -60.1% | 2,953,850 | -37.3% | 0.11% | -62.0% |
| MLI | Exit | MUELLER INDS INC | $0 | – | -244,974 | – | -0.31% | – |
| XPO | Exit | XPO LOGISTICS INC | $0 | – | -350,000 | – | -1.41% | – |
Q2 2021
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| OTIS | New | OTIS WORLDWIDE CORP | $230,414,000 | – | 2,817,828 | – | 6.64% | – |
| ESI | New | ELEMENT SOLUTIONS INC | $213,659,000 | – | 9,138,553 | – | 6.16% | – |
| SPGI | New | S&P GLOBAL INC | $193,813,000 | – | 472,197 | – | 5.59% | – |
| VSTO | New | VISTA OUTDOOR INC | $193,535,000 | – | 4,181,838 | – | 5.58% | – |
| VNT | New | VONTIER CORPORATION | $188,072,000 | – | 5,772,613 | – | 5.42% | – |
| CARR | New | CARRIER GLOBAL CORPORATION | $182,000,000 | – | 3,744,851 | – | 5.25% | – |
| GLPI | New | GAMING & LEISURE PPTYS INC | $181,841,000 | – | 3,924,906 | – | 5.24% | – |
| DVA | New | DAVITA INC | $172,032,000 | – | 1,428,484 | – | 4.96% | – |
| TMX | New | TERMINIX GLOBAL HOLDINGS INC | $161,202,000 | – | 3,378,782 | – | 4.65% | – |
| CZR | New | CAESARS ENTERTAINMENT INC NE | $149,995,000 | – | 1,445,731 | – | 4.32% | – |
| STZ | New | CONSTELLATION BRANDS INCcl a | $145,438,000 | – | 621,821 | – | 4.19% | – |
| WH | New | WYNDHAM HOTELS & RESORTS INC | $138,895,000 | – | 1,921,355 | – | 4.00% | – |
| IFF | New | INTERNATIONAL FLAVORS&FRAGRA | $123,013,000 | – | 823,381 | – | 3.55% | – |
| CHX | New | CHAMPIONX CORPORATION | $121,596,000 | – | 4,740,571 | – | 3.51% | – |
| IAA | New | IAA INC | $120,861,000 | – | 2,216,004 | – | 3.48% | – |
| AXTA | New | AXALTA COATING SYS LTD | $120,767,000 | – | 3,960,885 | – | 3.48% | – |
| New | ENVISTA HOLDINGS CORPORATIONnote 2.375% 6/0 | $114,356,000 | – | 53,500,000 | – | 3.30% | – | |
| VICI | New | VICI PPTYS INC | $109,889,000 | – | 3,542,533 | – | 3.17% | – |
| AWI | New | ARMSTRONG WORLD INDS INC NEW | $108,550,000 | – | 1,012,027 | – | 3.13% | – |
| WAB | New | WABTEC | $99,736,000 | – | 1,211,854 | – | 2.88% | – |
| New | ION GEOPHYSICAL CORPnote 8.000%12/1 | $72,505,000 | – | 70,479,000 | – | 2.09% | – | |
| BERY | New | BERRY GLOBAL GROUP INC | $71,777,000 | – | 1,100,531 | – | 2.07% | – |
| RXN | New | REXNORD CORP | $66,750,000 | – | 1,333,932 | – | 1.92% | – |
| WBT | New | WELBILT INC | $53,526,000 | – | 2,312,140 | – | 1.54% | – |
| MERC | New | MERCER INTL INC | $50,590,000 | – | 3,967,804 | – | 1.46% | – |
| XPO | New | XPO LOGISTICS INC | $48,962,000 | – | 350,000 | – | 1.41% | – |
| NES | New | NUVERRA ENVIRONMENTAL SOLUTI | $14,314,000 | – | 6,626,660 | – | 0.41% | – |
| MLI | New | MUELLER INDS INC | $10,610,000 | – | 244,974 | – | 0.31% | – |
| IO | New | ION GEOPHYSICAL CORP | $9,851,000 | – | 4,713,354 | – | 0.28% | – |
Q4 2020
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| NES | Exit | NUVERRA ENVIRONMENTAL SOLUTI | $0 | – | -7,056,917 | – | -0.71% | – |
| WBT | Exit | WELBILT INC | $0 | – | -4,478,965 | – | -1.20% | – |
| DVA | Exit | DAVITA INCput | $0 | – | -400,000 | – | -1.49% | – |
| MERC | Exit | MERCER INTL INC | $0 | – | -6,496,666 | – | -1.87% | – |
| MLI | Exit | MUELLER INDS INC | $0 | – | -1,832,435 | – | -2.16% | – |
| AIMC | Exit | ALTRA INDL MOTION CORP | $0 | – | -1,604,458 | – | -2.58% | – |
| GRA | Exit | GRACE W R & CO DEL NEW | $0 | – | -1,519,341 | – | -2.67% | – |
| FTDR | Exit | FRONTDOOR INC | $0 | – | -1,719,327 | – | -2.91% | – |
| STZ | Exit | CONSTELLATION BRANDS INCcl a | $0 | – | -356,776 | – | -2.94% | – |
| HLT | Exit | HILTON WORLDWIDE HLDGS INCput | $0 | – | -800,000 | – | -2.97% | – |
| HLT | Exit | HILTON WORLDWIDE HLDGS INC | $0 | – | -857,723 | – | -3.19% | – |
| WH | Exit | WYNDHAM HOTELS & RESORTS INC | $0 | – | -1,597,087 | – | -3.51% | – |
| ENTG | Exit | ENTEGRIS INC | $0 | – | -1,088,428 | – | -3.52% | – |
| KAR | Exit | KAR AUCTION SVCS INC | $0 | – | -5,708,585 | – | -3.58% | – |
| CHX | Exit | CHAMPIONX CORPORATION | $0 | – | -10,916,870 | – | -3.80% | – |
| VSTO | Exit | VISTA OUTDOOR INC | $0 | – | -4,413,460 | – | -3.88% | – |
| AWI | Exit | ARMSTRONG WORLD INDS INC | $0 | – | -1,362,495 | – | -4.08% | – |
| WAB | Exit | WABTEC | $0 | – | -1,657,377 | – | -4.47% | – |
| SPGI | Exit | S&P GLOBAL INC | $0 | – | -305,611 | – | -4.80% | – |
| SERV | Exit | SERVICEMASTER GLOBAL HLDGS I | $0 | – | -2,882,073 | – | -5.01% | – |
| VICI | Exit | VICI PPTYS INC | $0 | – | -4,962,562 | – | -5.05% | – |
| DVA | Exit | DAVITA INC | $0 | – | -1,359,503 | – | -5.07% | – |
| GLPI | Exit | GAMING & LEISURE PPTYS INC | $0 | – | -3,155,811 | – | -5.08% | – |
| IAA | Exit | IAA INC | $0 | – | -2,294,606 | – | -5.20% | – |
| CARR | Exit | CARRIER GLOBAL CORPORATION | $0 | – | -4,207,768 | – | -5.60% | – |
| ESI | Exit | ELEMENT SOLUTIONS INC | $0 | – | -12,394,073 | – | -5.67% | – |
| OTIS | Exit | OTIS WORLDWIDE CORP | $0 | – | -2,567,252 | – | -6.98% | – |
Q3 2020
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| OTIS | Buy | OTIS WORLDWIDE CORP | $160,248,000 | +17.9% | 2,567,252 | +7.4% | 6.98% | +2.7% |
| ESI | Buy | ELEMENT SOLUTIONS INC | $130,262,000 | +23.1% | 12,394,073 | +27.1% | 5.67% | +7.2% |
| CARR | Sell | CARRIER GLOBAL CORPORATION | $128,505,000 | +29.2% | 4,207,768 | -6.0% | 5.60% | +12.5% |
| IAA | Buy | IAA INC | $119,480,000 | +61.2% | 2,294,606 | +19.4% | 5.20% | +40.4% |
| GLPI | Buy | GAMING & LEISURE PPTYS INC | $116,544,000 | +12.3% | 3,155,811 | +5.3% | 5.08% | -2.2% |
| DVA | Buy | DAVITA INC | $116,441,000 | +18.6% | 1,359,503 | +9.5% | 5.07% | +3.2% |
| VICI | Sell | VICI PPTYS INC | $115,975,000 | -20.9% | 4,962,562 | -31.7% | 5.05% | -31.2% |
| SERV | Sell | SERVICEMASTER GLOBAL HLDGS I | $114,937,000 | +0.7% | 2,882,073 | -9.9% | 5.01% | -12.3% |
| WAB | Sell | WABTEC | $102,558,000 | -12.9% | 1,657,377 | -18.9% | 4.47% | -24.1% |
| AWI | Buy | ARMSTRONG WORLD INDS INC | $93,753,000 | -1.9% | 1,362,495 | +11.2% | 4.08% | -14.5% |
| VSTO | Buy | VISTA OUTDOOR INC | $89,064,000 | +46.5% | 4,413,460 | +4.9% | 3.88% | +27.6% |
| CHX | Buy | CHAMPIONX CORPORATION | $87,226,000 | +35.4% | 10,916,870 | +65.3% | 3.80% | +17.9% |
| KAR | Sell | KAR AUCTION SVCS INC | $82,204,000 | -27.7% | 5,708,585 | -31.0% | 3.58% | -37.1% |
| ENTG | New | ENTEGRIS INC | $80,914,000 | – | 1,088,428 | – | 3.52% | – |
| WH | Sell | WYNDHAM HOTELS & RESORTS INC | $80,653,000 | +1.2% | 1,597,087 | -14.6% | 3.51% | -11.9% |
| HLT | Buy | HILTON WORLDWIDE HLDGS INCput | $68,256,000 | +132.3% | 800,000 | +100.0% | 2.97% | +102.4% |
| STZ | Buy | CONSTELLATION BRANDS INCcl a | $67,613,000 | +13.1% | 356,776 | +4.4% | 2.94% | -1.5% |
| FTDR | New | FRONTDOOR INC | $66,899,000 | – | 1,719,327 | – | 2.91% | – |
| GRA | Sell | GRACE W R & CO DEL NEW | $61,214,000 | -42.7% | 1,519,341 | -27.8% | 2.67% | -50.1% |
| AIMC | Sell | ALTRA INDL MOTION CORP | $59,317,000 | -9.5% | 1,604,458 | -22.0% | 2.58% | -21.2% |
| MLI | Buy | MUELLER INDS INC | $49,586,000 | +10.5% | 1,832,435 | +8.5% | 2.16% | -3.7% |
| MERC | Buy | MERCER INTL INC | $42,878,000 | -16.5% | 6,496,666 | +3.2% | 1.87% | -27.3% |
| DVA | Buy | DAVITA INCput | $34,260,000 | +116.5% | 400,000 | +100.0% | 1.49% | +88.4% |
| WBT | Buy | WELBILT INC | $27,590,000 | +10.4% | 4,478,965 | +9.2% | 1.20% | -3.8% |
| NVST | Exit | ENVISTA HOLDINGS CORPORATION | $0 | – | -505,639 | – | -0.53% | – |
Q2 2020
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| VICI | New | VICI PPTYS INC | $146,701,000 | – | 7,266,020 | – | 7.34% | – |
| OTIS | New | OTIS WORLDWIDE CORP | $135,939,000 | – | 2,390,769 | – | 6.80% | – |
| WAB | New | WABTEC | $117,685,000 | – | 2,044,214 | – | 5.88% | – |
| SERV | New | SERVICEMASTER GLOBAL HLDGS I | $114,185,000 | – | 3,199,356 | – | 5.71% | – |
| KAR | New | KAR AUCTION SVCS INC | $113,777,000 | – | 8,268,678 | – | 5.69% | – |
| GRA | New | GRACE W R & CO DEL NEW | $106,908,000 | – | 2,104,067 | – | 5.35% | – |
| ESI | New | ELEMENT SOLUTIONS INC | $105,838,000 | – | 9,754,682 | – | 5.29% | – |
| GLPI | New | GAMING & LEISURE PPTYS INC | $103,735,000 | – | 2,998,122 | – | 5.19% | – |
| SPGI | New | S&P GLOBAL INC | $100,693,000 | – | 305,611 | – | 5.04% | – |
| CARR | New | CARRIER GLOBAL CORPORATION | $99,488,000 | – | 4,477,406 | – | 4.98% | – |
| DVA | New | DAVITA INC | $98,213,000 | – | 1,241,006 | – | 4.91% | – |
| AWI | New | ARMSTRONG WORLD INDS INC | $95,522,000 | – | 1,225,270 | – | 4.78% | – |
| WH | New | WYNDHAM HOTELS & RESORTS INC | $79,735,000 | – | 1,870,824 | – | 3.99% | – |
| IAA | New | IAA INC | $74,127,000 | – | 1,921,880 | – | 3.71% | – |
| AIMC | New | ALTRA INDL MOTION CORP | $65,567,000 | – | 2,057,964 | – | 3.28% | – |
| CHX | New | CHAMPIONX CORPORATION | $64,442,000 | – | 6,602,696 | – | 3.22% | – |
| HLT | New | HILTON WORLDWIDE HLDGS INC | $63,000,000 | – | 857,723 | – | 3.15% | – |
| VSTO | New | VISTA OUTDOOR INC | $60,778,000 | – | 4,206,084 | – | 3.04% | – |
| STZ | New | CONSTELLATION BRANDS INCcl a | $59,794,000 | – | 341,776 | – | 2.99% | – |
| MERC | New | MERCER INTL INC | $51,348,000 | – | 6,292,653 | – | 2.57% | – |
| MLI | New | MUELLER INDS INC | $44,873,000 | – | 1,688,241 | – | 2.24% | – |
| HLT | New | HILTON WORLDWIDE HLDGS INCput | $29,380,000 | – | 400,000 | – | 1.47% | – |
| WBT | New | WELBILT INC | $24,990,000 | – | 4,103,383 | – | 1.25% | – |
| NES | New | NUVERRA ENVIRONMENTAL SOLUTI | $16,372,000 | – | 7,056,917 | – | 0.82% | – |
| DVA | New | DAVITA INCput | $15,828,000 | – | 200,000 | – | 0.79% | – |
| NVST | New | ENVISTA HOLDINGS CORPORATION | $10,664,000 | – | 505,639 | – | 0.53% | – |
Q4 2019
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| IO | Exit | ION GEOPHYSICAL CORP | $0 | – | -539,855 | – | -0.21% | – |
| XELA | Exit | EXELA TECHNOLOGIES INC | $0 | – | -4,233,010 | – | -0.22% | – |
| NES | Exit | NUVERRA ENVIRONMENTAL SOLUTI | $0 | – | -7,056,917 | – | -1.29% | – |
| VSTO | Exit | VISTA OUTDOOR INC | $0 | – | -5,297,134 | – | -1.42% | – |
| NVST | Exit | ENVISTA HLDGS CORP | $0 | – | -1,199,416 | – | -1.45% | – |
| MLI | Exit | MUELLER INDS INC | $0 | – | -1,259,693 | – | -1.57% | – |
| MERC | Exit | MERCER INTL INC | $0 | – | -3,691,530 | – | -2.01% | – |
| SNA | Exit | SNAP ON INC | $0 | – | -312,666 | – | -2.12% | – |
| MGM | Exit | MGM RESORTS INTERNATIONAL | $0 | – | -2,051,437 | – | -2.46% | – |
| SRG | Exit | SERITAGE GROWTH PPTYScl a | $0 | – | -1,382,440 | – | -2.55% | – |
| ALC | Exit | ALCON INC | $0 | – | -1,158,849 | – | -2.93% | – |
| ST | Exit | SENSATA TECHNOLOGIES HLDNG P | $0 | – | -1,360,386 | – | -2.95% | – |
| CDK | Exit | CDK GLOBAL INC | $0 | – | -1,484,081 | – | -3.09% | – |
| AWI | Exit | ARMSTRONG WORLD INDS INC NEW | $0 | – | -803,290 | – | -3.37% | – |
| IR | Exit | INGERSOLL-RAND PLC | $0 | – | -685,477 | – | -3.66% | – |
| SERV | Exit | SERVICEMASTER GLOBAL HLDGS I | $0 | – | -1,530,823 | – | -3.71% | – |
| SPGI | Exit | S&P GLOBAL INC | $0 | – | -350,611 | – | -3.72% | – |
| FTV | Exit | FORTIVE CORP | $0 | – | -1,260,404 | – | -3.75% | – |
| IAA | Exit | IAA INC | $0 | – | -2,327,200 | – | -4.21% | – |
| ESI | Exit | ELEMENT SOLUTIONS INC | $0 | – | -9,853,244 | – | -4.35% | – |
| GRA | Exit | GRACE W R & CO DEL NEW | $0 | – | -1,515,966 | – | -4.39% | – |
| WBT | Exit | WELBILT INC | $0 | – | -6,613,036 | – | -4.83% | – |
| KAR | Exit | KAR AUCTION SVCS INC | $0 | – | -4,771,751 | – | -5.08% | – |
| GLPI | Exit | GAMING & LEISURE PPTYS INC | $0 | – | -3,083,539 | – | -5.11% | – |
| VICI | Exit | VICI PPTYS INC | $0 | – | -5,245,077 | – | -5.15% | – |
| HLT | Exit | HILTON WORLDWIDE HLDGS INC | $0 | – | -1,283,390 | – | -5.18% | – |
| WAB | Exit | WABTEC CORP | $0 | – | -1,679,044 | – | -5.23% | – |
| AIMC | Exit | ALTRA INDL MOTION CORP | $0 | – | -5,718,516 | – | -6.87% | – |
| DVA | Exit | DAVITA INC | $0 | – | -2,874,648 | – | -7.11% | – |
Q3 2019
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| DVA | Sell | DAVITA INC | $164,056,000 | -11.6% | 2,874,648 | -12.8% | 7.11% | -8.8% |
| AIMC | Buy | ALTRA INDL MOTION CORP | $158,374,000 | -2.3% | 5,718,516 | +26.5% | 6.87% | +0.7% |
| WAB | Sell | WABTEC CORP | $120,656,000 | -2.6% | 1,679,044 | -2.7% | 5.23% | +0.5% |
| HLT | Buy | HILTON WORLDWIDE HLDGS INC | $119,496,000 | -3.5% | 1,283,390 | +1.3% | 5.18% | -0.4% |
| VICI | Sell | VICI PPTYS INC | $118,801,000 | +0.9% | 5,245,077 | -1.8% | 5.15% | +4.1% |
| GLPI | Sell | GAMING & LEISURE PPTYS INC | $117,915,000 | -3.8% | 3,083,539 | -1.9% | 5.11% | -0.7% |
| KAR | Sell | KAR AUCTION SVCS INC | $117,146,000 | -5.6% | 4,771,751 | -3.9% | 5.08% | -2.6% |
| WBT | Sell | WELBILT INC | $111,496,000 | -9.6% | 6,613,036 | -10.5% | 4.83% | -6.8% |
| GRA | Buy | GRACE W R & CO DEL NEW | $101,206,000 | +17.1% | 1,515,966 | +33.5% | 4.39% | +20.8% |
| ESI | Buy | ELEMENT SOLUTIONS INC | $100,306,000 | +42.3% | 9,853,244 | +44.5% | 4.35% | +46.8% |
| IAA | Sell | IAA INC | $97,114,000 | -22.2% | 2,327,200 | -27.7% | 4.21% | -19.7% |
| FTV | Buy | FORTIVE CORP | $86,413,000 | +27.1% | 1,260,404 | +51.1% | 3.75% | +31.1% |
| SPGI | Sell | S&P GLOBAL INC | $85,893,000 | -12.7% | 350,611 | -18.8% | 3.72% | -9.9% |
| SERV | Sell | SERVICEMASTER GLOBAL HLDGS I | $85,573,000 | +6.8% | 1,530,823 | -0.5% | 3.71% | +10.2% |
| IR | Sell | INGERSOLL-RAND PLC | $84,458,000 | -4.9% | 685,477 | -2.2% | 3.66% | -1.9% |
| AWI | Sell | ARMSTRONG WORLD INDS INC NEW | $77,678,000 | -6.0% | 803,290 | -5.5% | 3.37% | -3.0% |
| CDK | New | CDK GLOBAL INC | $71,369,000 | – | 1,484,081 | – | 3.09% | – |
| ST | Sell | SENSATA TECHNOLOGIES HLDNG P | $68,101,000 | -23.8% | 1,360,386 | -25.4% | 2.95% | -21.4% |
| ALC | Buy | ALCON INC | $67,549,000 | +26.7% | 1,158,849 | +34.9% | 2.93% | +30.7% |
| SRG | Sell | SERITAGE GROWTH PPTYScl a | $58,740,000 | -14.6% | 1,382,440 | -13.6% | 2.55% | -11.9% |
| MGM | Sell | MGM RESORTS INTERNATIONAL | $56,866,000 | -39.5% | 2,051,437 | -37.6% | 2.46% | -37.6% |
| MERC | Buy | MERCER INTL INC | $46,292,000 | +10.9% | 3,691,530 | +36.8% | 2.01% | +14.4% |
| MLI | Buy | MUELLER INDS INC | $36,128,000 | +24.8% | 1,259,693 | +27.4% | 1.57% | +28.8% |
| NVST | New | ENVISTA HLDGS CORP | $33,440,000 | – | 1,199,416 | – | 1.45% | – |
| VSTO | Buy | VISTA OUTDOOR INC | $32,789,000 | +103.2% | 5,297,134 | +191.5% | 1.42% | +109.7% |
| XELA | Sell | EXELA TECHNOLOGIES INC | $4,995,000 | -59.5% | 4,233,010 | -24.8% | 0.22% | -58.1% |
| IO | Sell | ION GEOPHYSICAL CORP | $4,923,000 | -6.4% | 539,855 | -17.4% | 0.21% | -3.6% |
| STZ | Exit | CONSTELLATION BRANDS INCcl a | $0 | – | -173,325 | – | -1.44% | – |
| AXTA | Exit | AXALTA COATING SYS LTD | $0 | – | -2,409,103 | – | -3.02% | – |
Q2 2019
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| DVA | New | DAVITA INC | $185,542,000 | – | 3,297,947 | – | 7.80% | – |
| AIMC | New | ALTRA INDL MOTION CORP | $162,182,000 | – | 4,520,134 | – | 6.82% | – |
| IAA | New | IAA INC | $124,803,000 | – | 3,218,242 | – | 5.25% | – |
| KAR | New | KAR AUCTION SVCS INC | $124,128,000 | – | 4,965,137 | – | 5.22% | – |
| WAB | New | WABTEC CORP | $123,873,000 | – | 1,726,211 | – | 5.21% | – |
| HLT | New | HILTON WORLDWIDE HLDGS INC | $123,798,000 | – | 1,266,601 | – | 5.20% | – |
| WBT | New | WELBILT INC | $123,338,000 | – | 7,385,482 | – | 5.18% | – |
| GLPI | New | GAMING & LEISURE PPTYS INC | $122,511,000 | – | 3,142,916 | – | 5.15% | – |
| VICI | New | VICI PPTYS INC | $117,710,000 | – | 5,340,738 | – | 4.95% | – |
| SPGI | New | S&P GLOBAL INC | $98,353,000 | – | 431,771 | – | 4.13% | – |
| MGM | New | MGM RESORTS INTERNATIONAL | $93,966,000 | – | 3,288,963 | – | 3.95% | – |
| ST | New | SENSATA TECHNOLOGIES HLDNG P | $89,333,000 | – | 1,823,114 | – | 3.76% | – |
| IR | New | INGERSOLL-RAND PLC | $88,815,000 | – | 701,150 | – | 3.73% | – |
| GRA | New | GRACE W R & CO DEL NEW | $86,405,000 | – | 1,135,271 | – | 3.63% | – |
| AWI | New | ARMSTRONG WORLD INDS INC NEW | $82,606,000 | – | 849,857 | – | 3.47% | – |
| SERV | New | SERVICEMASTER GLOBAL HLDGS I | $80,107,000 | – | 1,537,867 | – | 3.37% | – |
| AXTA | New | AXALTA COATING SYS LTD | $71,719,000 | – | 2,409,103 | – | 3.02% | – |
| ESI | New | ELEMENT SOLUTIONS INC | $70,486,000 | – | 6,816,803 | – | 2.96% | – |
| SRG | New | SERITAGE GROWTH PPTYScl a | $68,760,000 | – | 1,600,565 | – | 2.89% | – |
| FTV | New | FORTIVE CORP | $67,989,000 | – | 834,020 | – | 2.86% | – |
| ALC | New | ALCON INC | $53,319,000 | – | 859,298 | – | 2.24% | – |
| SNA | New | SNAP ON INC | $51,790,000 | – | 312,666 | – | 2.18% | – |
| MERC | New | MERCER INTL INC | $41,748,000 | – | 2,698,617 | – | 1.76% | – |
| STZ | New | CONSTELLATION BRANDS INCcl a | $34,135,000 | – | 173,325 | – | 1.44% | – |
| NES | New | NUVERRA ENVIRONMENTAL SOLUTI | $29,004,000 | – | 7,056,917 | – | 1.22% | – |
| MLI | New | MUELLER INDS INC | $28,939,000 | – | 988,686 | – | 1.22% | – |
| VSTO | New | VISTA OUTDOOR INC | $16,137,000 | – | 1,817,218 | – | 0.68% | – |
| XELA | New | EXELA TECHNOLOGIES INC | $12,335,000 | – | 5,632,552 | – | 0.52% | – |
| IO | New | ION GEOPHYSICAL CORP | $5,262,000 | – | 653,706 | – | 0.22% | – |
Q4 2018
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| FTK | Exit | FLOTEK INDS INC DEL | $0 | – | -1,036,028 | – | -0.06% | – |
| GTX | Exit | GARRETT MOTION INC | $0 | – | -733,599 | – | -0.34% | – |
| IO | Exit | ION GEOPHYSICAL CORP | $0 | – | -1,301,604 | – | -0.51% | – |
| MGP | Exit | MGM GROWTH PPTYS LLC | $0 | – | -687,890 | – | -0.52% | – |
| DOV | Exit | DOVER CORP | $0 | – | -285,734 | – | -0.64% | – |
| DAR | Exit | DARLING INGREDIENTS INC | $0 | – | -1,419,186 | – | -0.70% | – |
| CC | Exit | CHEMOURS CO | $0 | – | -732,837 | – | -0.73% | – |
| SRG | Exit | SERITAGE GROWTH PPTYScl a | $0 | – | -684,787 | – | -0.83% | – |
| XELA | Exit | EXELA TECHNOLOGIES INC | $0 | – | -5,333,176 | – | -0.97% | – |
| MERC | Exit | MERCER INTL INC | $0 | – | -2,921,466 | – | -1.25% | – |
| IR | Exit | INGERSOLL-RAND PLC | $0 | – | -535,167 | – | -1.39% | – |
| NES | Exit | NUVERRA ENVIRONMENTAL SOLUTI | $0 | – | -5,023,279 | – | -1.42% | – |
| SPGI | Exit | S&P GLOBAL INC | $0 | – | -310,000 | – | -1.54% | – |
| WYND | Exit | WYNDHAM DESTINATIONS INC | $0 | – | -1,408,919 | – | -1.55% | – |
| CZR | Exit | CAESARS ENTMT CORP | $0 | – | -6,711,386 | – | -1.75% | – |
| GCP | Exit | GCP APPLIED TECHNOLOGIES INC | $0 | – | -2,777,070 | – | -1.87% | – |
| PAH | Exit | PLATFORM SPECIALTY PRODS COR | $0 | – | -5,941,258 | – | -1.88% | – |
| VICI | Exit | VICI PPTYS INC | $0 | – | -3,598,178 | – | -1.98% | – |
| AIMC | Exit | ALTRA INDL MOTION CORP | $0 | – | -1,892,190 | – | -1.98% | – |
| VSM | Exit | VERSUM MATLS INC | $0 | – | -2,343,809 | – | -2.14% | – |
| HGV | Exit | HILTON GRAND VACATIONS INC | $0 | – | -2,598,816 | – | -2.18% | – |
| WBT | Exit | WELBILT INC | $0 | – | -4,255,724 | – | -2.26% | – |
| SNA | Exit | SNAP ON INC | $0 | – | -528,297 | – | -2.46% | – |
| ST | Exit | SENSATA TECHNOLOGIES HLDNG P | $0 | – | -1,994,804 | – | -2.51% | – |
| AWI | Exit | ARMSTRONG WORLD INDS INC NEW | $0 | – | -1,616,612 | – | -2.86% | – |
| SERV | Exit | SERVICEMASTER GLOBAL HLDGS I | $0 | – | -1,863,816 | – | -2.94% | – |
| GRA | Exit | GRACE W R & CO DEL NEW | $0 | – | -1,779,553 | – | -3.23% | – |
| MGM | Exit | MGM RESORTS INTERNATIONAL | $0 | – | -4,622,563 | – | -3.28% | – |
| EXP | Exit | EAGLE MATERIALS INC | $0 | – | -1,517,340 | – | -3.28% | – |
| DVA | Exit | DAVITA INC | $0 | – | -1,863,633 | – | -3.39% | – |
| HLT | Exit | HILTON WORLDWIDE HLDGS INC | $0 | – | -1,698,429 | – | -3.48% | – |
| KAR | Exit | KAR AUCTION SVCS INC | $0 | – | -2,385,953 | – | -3.62% | – |
| AABA | Exit | ALTABA INC | $0 | – | -2,363,203 | – | -4.09% | – |
| GLPI | Exit | GAMING & LEISURE PPTYS INC | $0 | – | -4,750,487 | – | -4.25% | – |
| IWM | Exit | ISHARES TRput | $0 | – | -7,500,000 | – | -32.11% | – |
Q3 2018
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| IWM | Buy | ISHARES TRput | $1,264,125,000 | +54.4% | 7,500,000 | +50.0% | 32.11% | +39.2% |
| GLPI | Buy | GAMING & LEISURE PPTYS INC | $167,455,000 | +34.8% | 4,750,487 | +36.9% | 4.25% | +21.5% |
| AABA | Sell | ALTABA INC | $160,981,000 | -42.2% | 2,363,203 | -37.9% | 4.09% | -47.9% |
| KAR | Sell | KAR AUCTION SVCS INC | $142,418,000 | +2.1% | 2,385,953 | -6.2% | 3.62% | -7.9% |
| HLT | Sell | HILTON WORLDWIDE HLDGS INC | $137,199,000 | -16.7% | 1,698,429 | -18.4% | 3.48% | -24.9% |
| DVA | Sell | DAVITA INC | $133,492,000 | -4.8% | 1,863,633 | -7.8% | 3.39% | -14.2% |
| EXP | Buy | EAGLE MATERIALS INC | $129,338,000 | +91.5% | 1,517,340 | +135.8% | 3.28% | +72.7% |
| MGM | Sell | MGM RESORTS INTERNATIONAL | $129,016,000 | -11.8% | 4,622,563 | -8.2% | 3.28% | -20.4% |
| GRA | Buy | GRACE W R & CO DEL NEW | $127,167,000 | +1.3% | 1,779,553 | +3.9% | 3.23% | -8.6% |
| SERV | Buy | SERVICEMASTER GLOBAL HLDGS I | $115,613,000 | +145.2% | 1,863,816 | +135.0% | 2.94% | +121.2% |
| AWI | Sell | ARMSTRONG WORLD INDS INC NEW | $112,516,000 | -13.7% | 1,616,612 | -21.7% | 2.86% | -22.2% |
| ST | Sell | SENSATA TECHNOLOGIES HLDNG P | $98,843,000 | -6.2% | 1,994,804 | -9.9% | 2.51% | -15.4% |
| SNA | Sell | SNAP ON INC | $96,995,000 | -19.7% | 528,297 | -29.7% | 2.46% | -27.6% |
| WBT | Sell | WELBILT INC | $88,860,000 | -12.8% | 4,255,724 | -6.8% | 2.26% | -21.4% |
| HGV | New | HILTON GRAND VACATIONS INC | $86,021,000 | – | 2,598,816 | – | 2.18% | – |
| VSM | Sell | VERSUM MATLS INC | $84,401,000 | -9.4% | 2,343,809 | -6.5% | 2.14% | -18.3% |
| AIMC | New | ALTRA INDL MOTION CORP | $78,147,000 | – | 1,892,190 | – | 1.98% | – |
| VICI | Sell | VICI PPTYS INC | $77,793,000 | -24.7% | 3,598,178 | -28.2% | 1.98% | -32.1% |
| PAH | New | PLATFORM SPECIALTY PRODS COR | $74,087,000 | – | 5,941,258 | – | 1.88% | – |
| GCP | Buy | GCP APPLIED TECHNOLOGIES INC | $73,731,000 | +99.0% | 2,777,070 | +117.0% | 1.87% | +79.4% |
| CZR | New | CAESARS ENTMT CORP | $68,792,000 | – | 6,711,386 | – | 1.75% | – |
| WYND | Sell | WYNDHAM DESTINATIONS INC | $61,091,000 | -25.2% | 1,408,919 | -23.6% | 1.55% | -32.6% |
| IR | Sell | INGERSOLL-RAND PLC | $54,748,000 | -33.9% | 535,167 | -42.0% | 1.39% | -40.4% |
| MERC | Sell | MERCER INTL INC | $49,081,000 | -19.8% | 2,921,466 | -16.5% | 1.25% | -27.7% |
| XELA | Buy | EXELA TECHNOLOGIES INC | $38,026,000 | +87.5% | 5,333,176 | +24.9% | 0.97% | +69.2% |
| SRG | Sell | SERITAGE GROWTH PPTYScl a | $32,521,000 | -39.0% | 684,787 | -45.5% | 0.83% | -45.0% |
| CC | Sell | CHEMOURS CO | $28,903,000 | -53.6% | 732,837 | -47.9% | 0.73% | -58.2% |
| DOV | Sell | DOVER CORP | $25,296,000 | -82.3% | 285,734 | -85.4% | 0.64% | -84.0% |
| MGP | Sell | MGM GROWTH PPTYS LLC | $20,286,000 | -9.7% | 687,890 | -6.8% | 0.52% | -18.6% |
| IO | Buy | ION GEOPHYSICAL CORP | $20,240,000 | -28.7% | 1,301,604 | +11.3% | 0.51% | -35.8% |
| GTX | New | GARRETT MOTION INC | $13,572,000 | – | 733,599 | – | 0.34% | – |
| FTK | Sell | FLOTEK INDS INC DEL | $2,486,000 | -74.3% | 1,036,028 | -65.4% | 0.06% | -76.8% |
| VSTO | Exit | VISTA OUTDOOR INC | $0 | – | -498,618 | – | -0.22% | – |
| PNR | Exit | PENTAIR PLC | $0 | – | -1,930,060 | – | -2.29% | – |
Q2 2018
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| IWM | New | ISHARES TRput | $818,850,000 | – | 5,000,000 | – | 23.06% | – |
| AABA | New | ALTABA INC | $278,408,000 | – | 3,802,868 | – | 7.84% | – |
| HLT | New | HILTON WORLDWIDE HLDGS INC | $164,750,000 | – | 2,081,234 | – | 4.64% | – |
| MGM | New | MGM RESORTS INTERNATIONAL | $146,196,000 | – | 5,036,032 | – | 4.12% | – |
| DOV | New | DOVER CORP | $143,077,000 | – | 1,954,600 | – | 4.03% | – |
| DVA | New | DAVITA INC | $140,283,000 | – | 2,020,199 | – | 3.95% | – |
| KAR | New | KAR AUCTION SVCS INC | $139,421,000 | – | 2,544,171 | – | 3.93% | – |
| AWI | New | ARMSTRONG WORLD INDS INC NEW | $130,419,000 | – | 2,063,587 | – | 3.67% | – |
| GRA | New | GRACE W R & CO DEL NEW | $125,512,000 | – | 1,712,078 | – | 3.54% | – |
| GLPI | New | GAMING & LEISURE PPTYS INC | $124,263,000 | – | 3,471,035 | – | 3.50% | – |
| SNA | New | SNAP ON INC | $120,779,000 | – | 751,486 | – | 3.40% | – |
| ST | New | SENSATA TECHNOLOGIES HLDNG P | $105,340,000 | – | 2,213,954 | – | 2.97% | – |
| VICI | New | VICI PPTYS INC | $103,300,000 | – | 5,009,365 | – | 2.91% | – |
| WBT | New | WELBILT INC | $101,885,000 | – | 4,566,798 | – | 2.87% | – |
| VSM | New | VERSUM MATLS INC | $93,147,000 | – | 2,507,324 | – | 2.62% | – |
| IR | New | INGERSOLL-RAND PLC | $82,795,000 | – | 922,709 | – | 2.33% | – |
| WYND | New | WYNDHAM DESTINATIONS INC | $81,685,000 | – | 1,845,163 | – | 2.30% | – |
| PNR | New | PENTAIR PLC | $81,217,000 | – | 1,930,060 | – | 2.29% | – |
| EXP | New | EAGLE MATERIALS INC | $67,540,000 | – | 643,418 | – | 1.90% | – |
| SPGI | New | S&P GLOBAL INC | $63,206,000 | – | 310,000 | – | 1.78% | – |
| CC | New | CHEMOURS CO | $62,338,000 | – | 1,405,264 | – | 1.76% | – |
| MERC | New | MERCER INTL INC | $61,222,000 | – | 3,498,375 | – | 1.72% | – |
| NES | New | NUVERRA ENVIRONMENTAL SOLUTI | $60,279,000 | – | 5,023,279 | – | 1.70% | – |
| SRG | New | SERITAGE GROWTH PPTYScl a | $53,356,000 | – | 1,257,497 | – | 1.50% | – |
| SERV | New | SERVICEMASTER GLOBAL HLDGS I | $47,160,000 | – | 793,000 | – | 1.33% | – |
| GCP | New | GCP APPLIED TECHNOLOGIES INC | $37,056,000 | – | 1,280,008 | – | 1.04% | – |
| IO | New | ION GEOPHYSICAL CORP | $28,406,000 | – | 1,168,987 | – | 0.80% | – |
| DAR | New | DARLING INGREDIENTS INC | $28,213,000 | – | 1,419,186 | – | 0.80% | – |
| MGP | New | MGM GROWTH PPTYS LLC | $22,476,000 | – | 737,890 | – | 0.63% | – |
| XELA | New | EXELA TECHNOLOGIES INC | $20,278,000 | – | 4,269,054 | – | 0.57% | – |
| FTK | New | FLOTEK INDS INC DEL | $9,668,000 | – | 2,993,343 | – | 0.27% | – |
| VSTO | New | VISTA OUTDOOR INC | $7,724,000 | – | 498,618 | – | 0.22% | – |
Q4 2017
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| IO | Exit | ION GEOPHYSICAL CORP | $0 | – | -751,618 | – | -0.20% | – |
| FTK | Exit | FLOTEK INDS INC DEL | $0 | – | -5,696,416 | – | -0.75% | – |
| DFIN | Exit | DONNELLEY FINL SOLUTIONS INC | $0 | – | -1,604,591 | – | -0.98% | – |
| KAR | Exit | KAR AUCTION SVCS INC | $0 | – | -856,964 | – | -1.16% | – |
| SRG | Exit | SERITAGE GROWTH PPTYScl a | $0 | – | -908,534 | – | -1.19% | – |
| AXTA | Exit | AXALTA COATING SYS LTD | $0 | – | -1,531,076 | – | -1.25% | – |
| SPGI | Exit | S&P GLOBAL INC | $0 | – | -305,830 | – | -1.35% | – |
| MGP | Exit | MGM GROWTH PPTYS LLC | $0 | – | -1,695,848 | – | -1.45% | – |
| VAR | Exit | VARIAN MED SYS INC | $0 | – | -570,902 | – | -1.62% | – |
| SERV | Exit | SERVICEMASTER GLOBAL HLDGS I | $0 | – | -1,494,929 | – | -1.98% | – |
| DAR | Exit | DARLING INGREDIENTS INC | $0 | – | -4,200,655 | – | -2.08% | – |
| CC | Exit | CHEMOURS CO | $0 | – | -1,504,774 | – | -2.16% | – |
| WBT | Exit | WELBILT INC | $0 | – | -3,455,945 | – | -2.26% | – |
| LW | Exit | LAMB WESTON HLDGS INC | $0 | – | -1,724,146 | – | -2.29% | – |
| FTV | Exit | FORTIVE CORP | $0 | – | -1,163,569 | – | -2.33% | – |
| VSTO | Exit | VISTA OUTDOOR INC | $0 | – | -3,734,990 | – | -2.43% | – |
| EXP | Exit | EAGLE MATERIALS INC | $0 | – | -859,640 | – | -2.60% | – |
| GLPI | Exit | GAMING & LEISURE PPTYS INC | $0 | – | -2,502,101 | – | -2.62% | – |
| HGV | Exit | HILTON GRAND VACATIONS INC | $0 | – | -2,537,908 | – | -2.78% | – |
| MERC | Exit | MERCER INTL INC | $0 | – | -8,344,390 | – | -2.80% | – |
| MGM | Exit | MGM RESORTS INTERNATIONAL | $0 | – | -3,099,777 | – | -2.86% | – |
| VSM | Exit | VERSUM MATLS INC | $0 | – | -2,867,477 | – | -3.15% | – |
| AABA | Exit | ALTABA INC | $0 | – | -2,000,000 | – | -3.75% | – |
| HLT | Exit | HILTON WORLDWIDE HLDGS INC | $0 | – | -2,020,179 | – | -3.97% | – |
| GCP | Exit | GCP APPLIED TECHNOLOGIES INC | $0 | – | -4,591,456 | – | -3.99% | – |
| GRA | Exit | GRACE W R & CO DEL NEW | $0 | – | -1,966,635 | – | -4.02% | – |
| DVA | Exit | DAVITA INC | $0 | – | -2,409,410 | – | -4.05% | – |
| SNA | Exit | SNAP ON INC | $0 | – | -1,027,264 | – | -4.34% | – |
| IWM | Exit | ISHARES TRput | $0 | – | -8,000,000 | – | -33.58% | – |
Q3 2017
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| IWM | Buy | ISHARES TRput | $1,185,440,000 | +52.9% | 8,000,000 | +45.5% | 33.58% | +29.0% |
| SNA | Buy | SNAP ON INC | $153,073,000 | +12.7% | 1,027,264 | +19.4% | 4.34% | -5.0% |
| DVA | Buy | DAVITA INC | $143,095,000 | +8.2% | 2,409,410 | +18.0% | 4.05% | -8.7% |
| GRA | Buy | GRACE W R & CO DEL NEW | $141,893,000 | +4.0% | 1,966,635 | +3.8% | 4.02% | -12.3% |
| GCP | Buy | GCP APPLIED TECHNOLOGIES INC | $140,958,000 | +6.7% | 4,591,456 | +6.0% | 3.99% | -10.0% |
| HLT | Sell | HILTON WORLDWIDE HLDGS INC | $140,301,000 | +11.4% | 2,020,179 | -0.8% | 3.97% | -6.1% |
| AABA | New | ALTABA INC | $132,480,000 | – | 2,000,000 | – | 3.75% | – |
| VSM | Sell | VERSUM MATLS INC | $111,315,000 | -2.9% | 2,867,477 | -18.7% | 3.15% | -18.1% |
| MGM | Sell | MGM RESORTS INTERNATIONAL | $101,022,000 | -13.0% | 3,099,777 | -16.5% | 2.86% | -26.6% |
| MERC | Sell | MERCER INTL INC | $98,881,000 | -5.7% | 8,344,390 | -8.5% | 2.80% | -20.5% |
| HGV | Buy | HILTON GRAND VACATIONS INC | $98,039,000 | +23.6% | 2,537,908 | +15.4% | 2.78% | +4.2% |
| GLPI | Buy | GAMING & LEISURE PPTYS INC | $92,303,000 | -2.0% | 2,502,101 | +0.1% | 2.62% | -17.3% |
| EXP | New | EAGLE MATERIALS INC | $91,724,000 | – | 859,640 | – | 2.60% | – |
| VSTO | Sell | VISTA OUTDOOR INC | $85,681,000 | -24.6% | 3,734,990 | -26.0% | 2.43% | -36.4% |
| FTV | Sell | FORTIVE CORP | $82,369,000 | +5.8% | 1,163,569 | -5.3% | 2.33% | -10.7% |
| LW | Sell | LAMB WESTON HLDGS INC | $80,845,000 | -24.6% | 1,724,146 | -29.2% | 2.29% | -36.4% |
| WBT | Sell | WELBILT INC | $79,660,000 | +16.7% | 3,455,945 | -4.6% | 2.26% | -1.5% |
| CC | Sell | CHEMOURS CO | $76,157,000 | +12.4% | 1,504,774 | -15.8% | 2.16% | -5.2% |
| DAR | Sell | DARLING INGREDIENTS INC | $73,595,000 | -37.9% | 4,200,655 | -44.2% | 2.08% | -47.6% |
| SERV | Sell | SERVICEMASTER GLOBAL HLDGS I | $69,858,000 | -10.4% | 1,494,929 | -24.9% | 1.98% | -24.4% |
| VAR | Sell | VARIAN MED SYS INC | $57,124,000 | -17.5% | 570,902 | -14.9% | 1.62% | -30.4% |
| MGP | Sell | MGM GROWTH PPTYS LLC | $51,232,000 | -12.2% | 1,695,848 | -15.1% | 1.45% | -25.9% |
| AXTA | Sell | AXALTA COATING SYS LTD | $44,279,000 | -40.6% | 1,531,076 | -34.2% | 1.25% | -49.9% |
| SRG | New | SERITAGE GROWTH PPTYScl a | $41,856,000 | – | 908,534 | – | 1.19% | – |
| KAR | New | KAR AUCTION SVCS INC | $40,911,000 | – | 856,964 | – | 1.16% | – |
| DFIN | Sell | DONNELLEY FINL SOLUTIONS INC | $34,595,000 | -12.9% | 1,604,591 | -7.3% | 0.98% | -26.5% |
| IO | Buy | ION GEOPHYSICAL CORP | $7,148,000 | +181.9% | 751,618 | +28.9% | 0.20% | +137.6% |
| AZO | Exit | AUTOZONE INC | $0 | – | -104,930 | – | -2.01% | – |
Q2 2017
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| IWM | New | ISHARES TRput | $775,060,000 | – | 5,500,000 | – | 26.03% | – |
| GRA | New | GRACE W R & CO DEL NEW | $136,482,000 | – | 1,895,322 | – | 4.58% | – |
| SNA | New | SNAP ON INC | $135,880,000 | – | 860,000 | – | 4.56% | – |
| DVA | New | DAVITA INC | $132,278,000 | – | 2,042,586 | – | 4.44% | – |
| GCP | New | GCP APPLIED TECHNOLOGIES INC | $132,057,000 | – | 4,329,728 | – | 4.44% | – |
| HLT | New | HILTON WORLDWIDE HLDGS INC | $125,955,000 | – | 2,036,454 | – | 4.23% | – |
| DAR | New | DARLING INGREDIENTS INC | $118,563,000 | – | 7,532,580 | – | 3.98% | – |
| MGM | New | MGM RESORTS INTERNATIONAL | $116,121,000 | – | 3,711,123 | – | 3.90% | – |
| VSM | New | VERSUM MATLS INC | $114,592,000 | – | 3,525,900 | – | 3.85% | – |
| VSTO | New | VISTA OUTDOOR INC | $113,683,000 | – | 5,050,323 | – | 3.82% | – |
| LW | New | LAMB WESTON HLDGS INC | $107,216,000 | – | 2,434,523 | – | 3.60% | – |
| MERC | New | MERCER INTL INC | $104,880,000 | – | 9,119,973 | – | 3.52% | – |
| GLPI | New | GAMING & LEISURE PPTYS INC | $94,186,000 | – | 2,500,283 | – | 3.16% | – |
| HGV | New | HILTON GRAND VACATIONS INC | $79,336,000 | – | 2,200,111 | – | 2.66% | – |
| SERV | New | SERVICEMASTER GLOBAL HLDGS I | $77,988,000 | – | 1,990,000 | – | 2.62% | – |
| FTV | New | FORTIVE CORP | $77,830,000 | – | 1,228,569 | – | 2.61% | – |
| AXTA | New | AXALTA COATING SYS LTD | $74,502,000 | – | 2,325,277 | – | 2.50% | – |
| VAR | New | VARIAN MED SYS INC | $69,230,000 | – | 670,902 | – | 2.32% | – |
| WBT | New | WELBILT INC | $68,259,000 | – | 3,621,159 | – | 2.29% | – |
| CC | New | CHEMOURS CO | $67,780,000 | – | 1,787,445 | – | 2.28% | – |
| AZO | New | AUTOZONE INC | $59,858,000 | – | 104,930 | – | 2.01% | – |
| MGP | New | MGM GROWTH PPTYS LLC | $58,332,000 | – | 1,998,362 | – | 1.96% | – |
| FTK | New | FLOTEK INDS INC DEL | $50,926,000 | – | 5,696,416 | – | 1.71% | – |
| SPGI | New | S&P GLOBAL INC | $44,648,000 | – | 305,830 | – | 1.50% | – |
| DFIN | New | DONNELLEY FINL SOLUTIONS INC | $39,733,000 | – | 1,730,528 | – | 1.33% | – |
| IO | New | ION GEOPHYSICAL CORP | $2,536,000 | – | 582,946 | – | 0.08% | – |
Q4 2016
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| IO | Exit | ION GEOPHYSICAL CORP | $0 | – | -644,460 | – | -0.16% | – |
| MLI | Exit | MUELLER INDS INC | $0 | – | -689,237 | – | -0.80% | – |
| VSM | Exit | VERSUM MATLS INC | $0 | – | -1,407,100 | – | -1.15% | – |
| SPGI | Exit | S&P GLOBAL INCput | $0 | – | -300,000 | – | -1.37% | – |
| SPGI | Exit | S&P GLOBAL INC | $0 | – | -350,000 | – | -1.60% | – |
| CC | Exit | CHEMOURS CO | $0 | – | -3,153,186 | – | -1.82% | – |
| GRA | Exit | GRACE W R & CO DEL NEW | $0 | – | -718,644 | – | -1.91% | – |
| FTV | Exit | FORTIVE CORP | $0 | – | -1,058,236 | – | -1.94% | – |
| ALSN | Exit | ALLISON TRANSMISSION HLDGS I | $0 | – | -1,889,896 | – | -1.95% | – |
| DOV | Exit | DOVER CORP | $0 | – | -774,419 | – | -2.05% | – |
| OLN | Exit | OLIN CORP | $0 | – | -2,841,133 | – | -2.10% | – |
| SERV | Exit | SERVICEMASTER GLOBAL HLDGS I | $0 | – | -2,135,511 | – | -2.59% | – |
| HDS | Exit | HD SUPPLY HLDGS INC | $0 | – | -2,510,582 | – | -2.89% | – |
| FTK | Exit | FLOTEK INDS INC DEL | $0 | – | -5,589,491 | – | -2.93% | – |
| MGM | Exit | MGM RESORTS INTERNATIONAL | $0 | – | -3,320,024 | – | -3.11% | – |
| SNA | Exit | SNAP ON INC | $0 | – | -604,516 | – | -3.31% | – |
| MERC | Exit | MERCER INTL INC | $0 | – | -10,959,849 | – | -3.34% | – |
| GCP | Exit | GCP APPLIED TECHNOLOGIES INC | $0 | – | -3,287,977 | – | -3.35% | – |
| VSTO | Exit | VISTA OUTDOOR INC | $0 | – | -2,337,425 | – | -3.35% | – |
| EXP | Exit | EAGLE MATERIALS INC | $0 | – | -1,390,740 | – | -3.87% | – |
| A104PS | Exit | HILTON WORLDWIDE HLDGS INC | $0 | – | -4,732,179 | – | -3.91% | – |
| AXTA | Exit | AXALTA COATING SYS LTD | $0 | – | -4,191,719 | – | -4.27% | – |
| GLPI | Exit | GAMING & LEISURE PPTYS INC | $0 | – | -3,649,169 | – | -4.39% | – |
| DVA | Exit | DAVITA INC | $0 | – | -1,878,884 | – | -4.47% | – |
| XLB | Exit | SELECT SECTOR SPDR TRput | $0 | – | -3,000,000 | – | -5.16% | – |
| DAR | Exit | DARLING INGREDIENTS INC | $0 | – | -11,100,337 | – | -5.40% | – |
| IWM | Exit | ISHARES TRput | $0 | – | -6,000,000 | – | -26.83% | – |
Q3 2016
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| IWM | Sell | ISHARES TRput | $745,260,000 | -28.0% | 6,000,000 | -33.3% | 26.83% | -23.5% |
| DAR | Buy | DARLING INGREDIENTS INC | $149,966,000 | +2.0% | 11,100,337 | +12.5% | 5.40% | +8.3% |
| XLB | New | SELECT SECTOR SPDR TRput | $143,250,000 | – | 3,000,000 | – | 5.16% | – |
| DVA | Buy | DAVITA INC | $124,138,000 | +9.6% | 1,878,884 | +28.3% | 4.47% | +16.4% |
| GLPI | Buy | GAMING & LEISURE PPTYS INC | $122,065,000 | +3.9% | 3,649,169 | +7.1% | 4.39% | +10.3% |
| AXTA | Buy | AXALTA COATING SYS LTD | $118,500,000 | +14.8% | 4,191,719 | +7.8% | 4.27% | +22.0% |
| A104PS | Sell | HILTON WORLDWIDE HLDGS INC | $108,509,000 | -5.4% | 4,732,179 | -7.1% | 3.91% | +0.4% |
| EXP | Buy | EAGLE MATERIALS INC | $107,504,000 | +57.8% | 1,390,740 | +57.5% | 3.87% | +67.6% |
| VSTO | Buy | VISTA OUTDOOR INC | $93,170,000 | +14.9% | 2,337,425 | +37.6% | 3.35% | +22.0% |
| GCP | Sell | GCP APPLIED TECHNOLOGIES INC | $93,116,000 | -19.0% | 3,287,977 | -25.5% | 3.35% | -14.0% |
| SNA | Buy | SNAP ON INC | $91,862,000 | +42.4% | 604,516 | +47.9% | 3.31% | +51.3% |
| MGM | Sell | MGM RESORTS INTERNATIONAL | $86,420,000 | -5.6% | 3,320,024 | -17.9% | 3.11% | +0.2% |
| FTK | Sell | FLOTEK INDS INC DEL | $81,271,000 | +2.0% | 5,589,491 | -7.4% | 2.93% | +8.4% |
| HDS | Buy | HD SUPPLY HLDGS INC | $80,288,000 | +364.1% | 2,510,582 | +405.3% | 2.89% | +392.3% |
| SERV | Buy | SERVICEMASTER GLOBAL HLDGS I | $71,924,000 | -2.3% | 2,135,511 | +15.5% | 2.59% | +3.7% |
| OLN | Buy | OLIN CORP | $58,300,000 | -15.4% | 2,841,133 | +2.4% | 2.10% | -10.1% |
| DOV | Buy | DOVER CORP | $57,028,000 | +11.4% | 774,419 | +4.9% | 2.05% | +18.3% |
| ALSN | Sell | ALLISON TRANSMISSION HLDGS I | $54,202,000 | -28.0% | 1,889,896 | -29.1% | 1.95% | -23.6% |
| FTV | Buy | FORTIVE CORP | $53,864,000 | +710.0% | 1,058,236 | +683.9% | 1.94% | +761.8% |
| GRA | Sell | GRACE W R & CO DEL NEW | $53,036,000 | -12.0% | 718,644 | -12.7% | 1.91% | -6.6% |
| CC | Sell | CHEMOURS CO | $50,451,000 | +57.2% | 3,153,186 | -19.0% | 1.82% | +66.9% |
| SPGI | Sell | S&P GLOBAL INC | $44,296,000 | -20.8% | 350,000 | -32.9% | 1.60% | -15.9% |
| SPGI | New | S&P GLOBAL INCput | $37,968,000 | – | 300,000 | – | 1.37% | – |
| VSM | New | VERSUM MATLS INC | $31,941,000 | – | 1,407,100 | – | 1.15% | – |
| MLI | Sell | MUELLER INDS INC | $22,345,000 | -59.1% | 689,237 | -59.8% | 0.80% | -56.6% |
| NGVT | Exit | INGEVITY CORP | $0 | – | -167,306 | – | -0.19% | – |
| BID | Exit | SOTHEBYS | $0 | – | -1,194,052 | – | -1.11% | – |
| NTK | Exit | NORTEK INC | $0 | – | -3,260,633 | – | -6.56% | – |
Q2 2016
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| IWM | New | ISHARES TRput | $1,034,820,000 | – | 9,000,000 | – | 35.08% | – |
| NTK | New | NORTEK INC | $193,388,000 | – | 3,260,633 | – | 6.56% | – |
| DAR | New | DARLING INGREDIENTS INC | $146,994,000 | – | 9,865,396 | – | 4.98% | – |
| GLPI | New | GAMING & LEISURE PPTYS INC | $117,521,000 | – | 3,408,373 | – | 3.98% | – |
| GCP | New | GCP APPLIED TECHNOLOGIES INC | $114,965,000 | – | 4,414,941 | – | 3.90% | – |
| A104PS | New | HILTON WORLDWIDE HLDGS INC | $114,763,000 | – | 5,093,782 | – | 3.89% | – |
| DVA | New | DAVITA HEALTHCARE PARTNERS I | $113,221,000 | – | 1,464,312 | – | 3.84% | – |
| AXTA | New | AXALTA COATING SYS LTD | $103,184,000 | – | 3,889,344 | – | 3.50% | – |
| MGM | New | MGM RESORTS INTERNATIONAL | $91,542,000 | – | 4,045,141 | – | 3.10% | – |
| MERC | New | MERCER INTL INC | $87,460,000 | – | 10,959,849 | – | 2.96% | – |
| VSTO | New | VISTA OUTDOOR INC | $81,095,000 | – | 1,699,046 | – | 2.75% | – |
| FTK | New | FLOTEK INDS INC DEL | $79,643,000 | – | 6,033,594 | – | 2.70% | – |
| ALSN | New | ALLISON TRANSMISSION HLDGS I | $75,277,000 | – | 2,666,545 | – | 2.55% | – |
| SERV | New | SERVICEMASTER GLOBAL HLDGS I | $73,611,000 | – | 1,849,525 | – | 2.50% | – |
| OLN | New | OLIN CORP | $68,911,000 | – | 2,774,209 | – | 2.34% | – |
| EXP | New | EAGLE MATERIALS INC | $68,109,000 | – | 882,810 | – | 2.31% | – |
| SNA | New | SNAP ON INC | $64,488,000 | – | 408,616 | – | 2.19% | – |
| GRA | New | GRACE W R & CO DEL NEW | $60,286,000 | – | 823,472 | – | 2.04% | – |
| SPGI | New | S&P GLOBAL INC | $55,925,000 | – | 521,392 | – | 1.90% | – |
| MLI | New | MUELLER INDS INC | $54,591,000 | – | 1,712,401 | – | 1.85% | – |
| DOV | New | DOVER CORP | $51,187,000 | – | 738,419 | – | 1.74% | – |
| BID | New | SOTHEBYS | $32,717,000 | – | 1,194,052 | – | 1.11% | – |
| CC | New | CHEMOURS CO | $32,084,000 | – | 3,893,737 | – | 1.09% | – |
| HDS | New | HD SUPPLY HLDGS INC | $17,299,000 | – | 496,801 | – | 0.59% | – |
| FTV | New | FORTIVE CORP | $6,650,000 | – | 135,000 | – | 0.22% | – |
| NGVT | New | INGEVITY CORP | $5,695,000 | – | 167,306 | – | 0.19% | – |
| IO | New | ION GEOPHYSICAL CORP | $4,015,000 | – | 644,460 | – | 0.14% | – |
Q4 2015
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| HW | Exit | HEADWATERS INC | $0 | – | -2,326,819 | – | -1.69% | – |
| CPRT | Exit | COPART INC | $0 | – | -1,354,622 | – | -1.72% | – |
| BEAV | Exit | B/E AEROSPACE INC | $0 | – | -1,076,189 | – | -1.82% | – |
| MHFI | Exit | MCGRAW HILL FINL INC | $0 | – | -766,645 | – | -2.56% | – |
| SNA | Exit | SNAP ON INC | $0 | – | -441,630 | – | -2.58% | – |
| KLXI | Exit | KLX INC | $0 | – | -1,967,243 | – | -2.72% | – |
| FTK | Exit | FLOTEK INDS INC DEL | $0 | – | -4,573,160 | – | -2.95% | – |
| MLI | Exit | MUELLER INDS INC | $0 | – | -3,258,242 | – | -3.72% | – |
| HCA | Exit | HCA HOLDINGS INC | $0 | – | -1,317,384 | – | -3.94% | – |
| VSTO | Exit | VISTA OUTDOOR INC | $0 | – | -2,427,802 | – | -4.17% | – |
| GRA | Exit | GRACE W R & CO DEL NEW | $0 | – | -1,210,791 | – | -4.35% | – |
| MERC | Exit | MERCER INTL INC | $0 | – | -12,620,521 | – | -4.89% | – |
| SERV | Exit | SERVICEMASTER GLOBAL HLDGS I | $0 | – | -3,823,788 | – | -4.96% | – |
| MGM | Exit | MGM RESORTS INTERNATIONAL | $0 | – | -7,263,272 | – | -5.18% | – |
| EXP | Exit | EAGLE MATERIALS INC | $0 | – | -2,179,458 | – | -5.76% | – |
| ALSN | Exit | ALLISON TRANSMISSION HLDGS I | $0 | – | -5,787,452 | – | -5.97% | – |
| ALB | Exit | ALBEMARLE CORP | $0 | – | -3,504,632 | – | -5.97% | – |
| DVA | Exit | DAVITA HEALTHCARE PARTNERS I | $0 | – | -2,138,424 | – | -5.98% | – |
| DOV | Exit | DOVER CORP | $0 | – | -2,710,436 | – | -5.99% | – |
| GLPI | Exit | GAMING & LEISURE PPTYS INC | $0 | – | -6,020,526 | – | -6.91% | – |
| DAR | Exit | DARLING INGREDIENTS INC | $0 | – | -17,523,722 | – | -7.61% | – |
| NTK | Exit | NORTEK INC | $0 | – | -3,503,210 | – | -8.57% | – |
Q3 2015
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| NTK | Buy | NORTEK INC | $221,788,000 | -20.4% | 3,503,210 | +4.5% | 8.57% | -7.4% |
| DAR | Buy | DARLING INGREDIENTS INC | $196,967,000 | -22.3% | 17,523,722 | +1.3% | 7.61% | -9.6% |
| GLPI | Buy | GAMING & LEISURE PPTYS INC | $178,810,000 | +4.5% | 6,020,526 | +29.0% | 6.91% | +21.6% |
| DOV | Buy | DOVER CORP | $154,983,000 | -16.4% | 2,710,436 | +2.6% | 5.99% | -2.7% |
| DVA | Sell | DAVITA HEALTHCARE PARTNERS I | $154,672,000 | -12.1% | 2,138,424 | -3.4% | 5.98% | +2.3% |
| ALB | Buy | ALBEMARLE CORP | $154,554,000 | +148.7% | 3,504,632 | +211.7% | 5.97% | +189.3% |
| ALSN | Sell | ALLISON TRANSMISSION HLDGS I | $154,467,000 | -23.9% | 5,787,452 | -16.6% | 5.97% | -11.5% |
| EXP | Sell | EAGLE MATERIALS INC | $149,119,000 | -20.2% | 2,179,458 | -10.9% | 5.76% | -7.1% |
| MGM | Sell | MGM RESORTS INTERNATIONAL | $134,007,000 | -14.3% | 7,263,272 | -15.2% | 5.18% | -0.3% |
| SERV | Buy | SERVICEMASTER GLOBAL HLDGS I | $128,288,000 | -4.8% | 3,823,788 | +2.7% | 4.96% | +10.8% |
| MERC | Buy | MERCER INTL INC | $126,584,000 | -11.2% | 12,620,521 | +21.1% | 4.89% | +3.3% |
| GRA | Sell | GRACE W R & CO DEL NEW | $112,664,000 | -18.8% | 1,210,791 | -12.5% | 4.35% | -5.6% |
| VSTO | Buy | VISTA OUTDOOR INC | $107,867,000 | +0.4% | 2,427,802 | +1.5% | 4.17% | +16.8% |
| HCA | Sell | HCA HOLDINGS INC | $101,913,000 | -20.0% | 1,317,384 | -6.2% | 3.94% | -7.0% |
| MLI | Buy | MUELLER INDS INC | $96,379,000 | -13.5% | 3,258,242 | +1.6% | 3.72% | +0.6% |
| FTK | Sell | FLOTEK INDS INC DEL | $76,372,000 | -24.7% | 4,573,160 | -43.5% | 2.95% | -12.4% |
| KLXI | New | KLX INC | $70,309,000 | – | 1,967,243 | – | 2.72% | – |
| SNA | Sell | SNAP ON INC | $66,660,000 | -13.1% | 441,630 | -8.3% | 2.58% | +1.1% |
| MHFI | Buy | MCGRAW HILL FINL INC | $66,315,000 | -9.5% | 766,645 | +5.1% | 2.56% | +5.3% |
| BEAV | Buy | B/E AEROSPACE INC | $47,245,000 | +1.8% | 1,076,189 | +27.3% | 1.82% | +18.4% |
| CPRT | Sell | COPART INC | $44,567,000 | -56.5% | 1,354,622 | -53.1% | 1.72% | -49.4% |
| HW | Sell | HEADWATERS INC | $43,744,000 | -37.9% | 2,326,819 | -39.8% | 1.69% | -27.8% |
| RELL | Exit | RICHARDSON ELECTRS LTD | $0 | – | -2,896,958 | – | -0.78% | – |
| SNI | Exit | SCRIPPS NETWORKS INTERACT IN | $0 | – | -585,944 | – | -1.27% | – |
| USG | Exit | U S G CORP | $0 | – | -1,557,510 | – | -1.44% | – |
Q2 2015
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| NTK | New | NORTEK INC | $278,556,000 | – | 3,350,853 | – | 9.25% | – |
| DAR | New | DARLING INGREDIENTS INC | $253,530,000 | – | 17,293,980 | – | 8.42% | – |
| ALSN | New | ALLISON TRANSMISSION HLDGS I | $203,091,000 | – | 6,940,914 | – | 6.74% | – |
| EXP | New | EAGLE MATERIALS INC | $186,806,000 | – | 2,447,352 | – | 6.20% | – |
| DOV | New | DOVER CORP | $185,348,000 | – | 2,641,036 | – | 6.16% | – |
| DVA | New | DAVITA HEALTHCARE PARTNERS I | $175,908,000 | – | 2,213,520 | – | 5.84% | – |
| GLPI | New | GAMING & LEISURE PPTYS INC | $171,064,000 | – | 4,666,225 | – | 5.68% | – |
| MGM | New | MGM RESORTS INTERNATIONAL | $156,318,000 | – | 8,565,394 | – | 5.19% | – |
| MERC | New | MERCER INTL INC | $142,524,000 | – | 10,418,397 | – | 4.73% | – |
| GRA | New | GRACE W R & CO DEL NEW | $138,782,000 | – | 1,383,670 | – | 4.61% | – |
| SERV | New | SERVICEMASTER GLOBAL HLDGS I | $134,715,000 | – | 3,724,508 | – | 4.47% | – |
| HCA | New | HCA HOLDINGS INC | $127,443,000 | – | 1,404,791 | – | 4.23% | – |
| MLI | New | MUELLER INDS INC | $111,390,000 | – | 3,208,242 | – | 3.70% | – |
| VSTO | New | VISTA OUTDOOR INC | $107,422,000 | – | 2,392,474 | – | 3.57% | – |
| CPRT | New | COPART INC | $102,541,000 | – | 2,890,113 | – | 3.41% | – |
| FTK | New | FLOTEK INDS INC DEL | $101,459,000 | – | 8,097,314 | – | 3.37% | – |
| SNA | New | SNAP ON INC | $76,684,000 | – | 481,530 | – | 2.55% | – |
| MHFI | New | MCGRAW HILL FINL INC | $73,293,000 | – | 729,645 | – | 2.43% | – |
| HW | New | HEADWATERS INC | $70,457,000 | – | 3,867,003 | – | 2.34% | – |
| ALB | New | ALBEMARLE CORP | $62,146,000 | – | 1,124,400 | – | 2.06% | – |
| BEAV | New | B/E AEROSPACE INC | $46,399,000 | – | 845,157 | – | 1.54% | – |
| USG | New | U S G CORP | $43,283,000 | – | 1,557,510 | – | 1.44% | – |
| SNI | New | SCRIPPS NETWORKS INTERACT IN | $38,303,000 | – | 585,944 | – | 1.27% | – |
| RELL | New | RICHARDSON ELECTRS LTD | $23,407,000 | – | 2,896,958 | – | 0.78% | – |
Q4 2014
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| DDE | Exit | DOVER DOWNS GAMING & ENTMT I | $0 | – | -1,708,346 | – | -0.05% | – |
| STRZA | Exit | STARZ | $0 | – | -217,029 | – | -0.22% | – |
| VPG | Exit | VISHAY PRECISION GROUP INC | $0 | – | -511,853 | – | -0.23% | – |
| RELL | Exit | RICHARDSON ELECTRS LTD | $0 | – | -2,852,186 | – | -0.86% | – |
| CPRT | Exit | COPART INC | $0 | – | -1,284,306 | – | -1.21% | – |
| AXLL | Exit | AXIALL CORP | $0 | – | -1,347,703 | – | -1.45% | – |
| FTK | Exit | FLOTEK INDS INC DELput | $0 | – | -2,000,000 | – | -1.57% | – |
| MGM | Exit | MGM RESORTS INTERNATIONAL | $0 | – | -2,855,983 | – | -1.96% | – |
| DNOW | Exit | NOW INC | $0 | – | -2,648,116 | – | -2.42% | – |
| HW | Exit | HEADWATERS INC | $0 | – | -8,295,729 | – | -3.13% | – |
| SNI | Exit | SCRIPPS NETWORKS INTERACT IN | $0 | – | -1,349,464 | – | -3.17% | – |
| SNA | Exit | SNAP ON INC | $0 | – | -917,477 | – | -3.34% | – |
| TKR | Exit | TIMKEN CO | $0 | – | -2,623,201 | – | -3.34% | – |
| B | Exit | BARNES GROUP INC | $0 | – | -3,769,112 | – | -3.44% | – |
| MHFI | Exit | MCGRAW HILL FINL INC | $0 | – | -1,419,320 | – | -3.60% | – |
| MERC | Exit | MERCER INTL INC | $0 | – | -12,349,764 | – | -3.62% | – |
| ALB | Exit | ALBEMARLE CORP | $0 | – | -2,331,668 | – | -4.13% | – |
| ROC | Exit | ROCKWOOD HLDGS INC | $0 | – | -1,891,807 | – | -4.35% | – |
| GRA | Exit | GRACE W R & CO DEL NEW | $0 | – | -1,683,458 | – | -4.60% | – |
| MLI | Exit | MUELLER INDS INC | $0 | – | -5,393,483 | – | -4.63% | – |
| GLPI | Exit | GAMING & LEISURE PPTYS INC | $0 | – | -5,311,088 | – | -4.93% | – |
| FTK | Exit | FLOTEK INDS INC DEL | $0 | – | -6,488,438 | – | -5.09% | – |
| DVA | Exit | DAVITA HEALTHCARE PARTNERS I | $0 | – | -2,569,987 | – | -5.65% | – |
| USG | Exit | U S G CORP | $0 | – | -7,007,327 | – | -5.79% | – |
| DOV | Exit | DOVER CORP | $0 | – | -2,426,766 | – | -5.86% | – |
| ALSN | Exit | ALLISON TRANSMISSION HLDGS I | $0 | – | -6,992,449 | – | -5.99% | – |
| NTK | Exit | NORTEK INC | $0 | – | -3,227,718 | – | -7.23% | – |
| DAR | Exit | DARLING INGREDIENTS INC | $0 | – | -14,783,995 | – | -8.14% | – |
Q3 2014
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| DAR | Buy | DARLING INGREDIENTS INC | $270,843,000 | +0.1% | 14,783,995 | +14.2% | 8.14% | +12.8% |
| NTK | Buy | NORTEK INC | $240,465,000 | -12.9% | 3,227,718 | +5.0% | 7.23% | -1.8% |
| ALSN | Buy | ALLISON TRANSMISSION HLDGS I | $199,215,000 | +0.8% | 6,992,449 | +10.0% | 5.99% | +13.6% |
| DOV | Buy | DOVER CORP | $194,942,000 | +6.2% | 2,426,766 | +20.2% | 5.86% | +19.7% |
| USG | Buy | U S G CORP | $192,631,000 | +4.8% | 7,007,327 | +14.9% | 5.79% | +18.2% |
| DVA | Sell | DAVITA HEALTHCARE PARTNERS I | $187,969,000 | -4.4% | 2,569,987 | -5.5% | 5.65% | +7.8% |
| FTK | Buy | FLOTEK INDS INC DEL | $169,154,000 | -8.9% | 6,488,438 | +12.4% | 5.09% | +2.7% |
| GLPI | Buy | GAMING & LEISURE PPTYS INC | $164,113,000 | +191.7% | 5,311,088 | +220.7% | 4.93% | +228.7% |
| MLI | Buy | MUELLER INDS INC | $153,930,000 | +2.6% | 5,393,483 | +5.8% | 4.63% | +15.7% |
| ROC | Sell | ROCKWOOD HLDGS INC | $144,629,000 | -37.9% | 1,891,807 | -38.3% | 4.35% | -30.0% |
| ALB | Sell | ALBEMARLE CORP | $137,335,000 | -18.4% | 2,331,668 | -1.0% | 4.13% | -8.0% |
| MERC | Buy | MERCER INTL INC | $120,410,000 | -4.0% | 12,349,764 | +3.4% | 3.62% | +8.2% |
| MHFI | Sell | MCGRAW HILL FINL INC | $119,862,000 | -8.4% | 1,419,320 | -10.0% | 3.60% | +3.2% |
| B | Buy | BARNES GROUP INC | $114,393,000 | -4.0% | 3,769,112 | +21.9% | 3.44% | +8.1% |
| TKR | New | TIMKEN CO | $111,197,000 | – | 2,623,201 | – | 3.34% | – |
| SNA | Sell | SNAP ON INC | $111,088,000 | -23.0% | 917,477 | -24.7% | 3.34% | -13.2% |
| SNI | Sell | SCRIPPS NETWORKS INTERACT IN | $105,380,000 | -30.0% | 1,349,464 | -27.3% | 3.17% | -21.1% |
| HW | Buy | HEADWATERS INC | $104,028,000 | +2.3% | 8,295,729 | +13.3% | 3.13% | +15.3% |
| DNOW | Sell | NOW INC | $80,529,000 | -18.2% | 2,648,116 | -2.6% | 2.42% | -7.8% |
| FTK | Buy | FLOTEK INDS INC DELput | $52,140,000 | +1752.2% | 2,000,000 | +51848.1% | 1.57% | +1990.7% |
| AXLL | Sell | AXIALL CORP | $48,261,000 | -71.3% | 1,347,703 | -62.1% | 1.45% | -67.6% |
| CPRT | New | COPART INC | $40,218,000 | – | 1,284,306 | – | 1.21% | – |
| VPG | Sell | VISHAY PRECISION GROUP INC | $7,647,000 | -40.4% | 511,853 | -34.3% | 0.23% | -32.7% |
| STRZA | Sell | STARZ | $7,179,000 | -85.6% | 217,029 | -87.0% | 0.22% | -83.7% |
| DDE | Sell | DOVER DOWNS GAMING & ENTMT I | $1,691,000 | -35.3% | 1,708,346 | -10.4% | 0.05% | -27.1% |
| ITT | Exit | ITT CORP NEW | $0 | – | -10,314 | – | -0.01% | – |
| MGM | Exit | MGM RESORTS INTERNATIONALput | $0 | – | -1,500 | – | -0.06% | – |
| GRA | Exit | GRACE W R & CO DEL NEWput | $0 | – | -1,000 | – | -0.08% | – |
| OIS | Exit | OIL STS INTL INC | $0 | – | -100,636 | – | -0.17% | – |
| IILG | Exit | INTERVAL LEISURE GROUP INC | $0 | – | -996,777 | – | -0.58% | – |
| NOV | Exit | NATIONAL OILWELL VARCO INC | $0 | – | -1,145,043 | – | -2.52% | – |
| IGT | Exit | INTERNATIONAL GAME TECHNOLOG | $0 | – | -9,274,503 | – | -3.94% | – |
Q2 2014
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| NTK | New | NORTEK INC | $276,038,000 | – | 3,075,289 | – | 7.36% | – |
| DAR | New | DARLING INGREDIENTS INC | $270,615,000 | – | 12,948,074 | – | 7.22% | – |
| ROC | New | ROCKWOOD HLDGS INC | $232,875,000 | – | 3,064,548 | – | 6.21% | – |
| ALSN | New | ALLISON TRANSMISSION HLDGS I | $197,682,000 | – | 6,356,338 | – | 5.27% | – |
| DVA | New | DAVITA HEALTHCARE PARTNERS I | $196,578,000 | – | 2,718,173 | – | 5.24% | – |
| FTK | New | FLOTEK INDS INC DEL | $185,678,000 | – | 5,773,557 | – | 4.95% | – |
| USG | New | U S G CORP | $183,723,000 | – | 6,097,691 | – | 4.90% | – |
| DOV | New | DOVER CORP | $183,590,000 | – | 2,018,585 | – | 4.90% | – |
| ALB | New | ALBEMARLE CORP | $168,320,000 | – | 2,354,125 | – | 4.49% | – |
| AXLL | New | AXIALL CORP | $168,134,000 | – | 3,556,888 | – | 4.48% | – |
| GRA | New | GRACE W R & CO DEL NEW | $159,137,000 | – | 1,683,458 | – | 4.24% | – |
| SNI | New | SCRIPPS NETWORKS INTERACT IN | $150,571,000 | – | 1,855,692 | – | 4.02% | – |
| MLI | New | MUELLER INDS INC | $149,979,000 | – | 5,099,601 | – | 4.00% | – |
| IGT | New | INTERNATIONAL GAME TECHNOLOG | $147,557,000 | – | 9,274,503 | – | 3.94% | – |
| SNA | New | SNAP ON INC | $144,328,000 | – | 1,217,749 | – | 3.85% | – |
| MHFI | New | MCGRAW HILL FINL INC | $130,882,000 | – | 1,576,320 | – | 3.49% | – |
| MERC | New | MERCER INTL INC | $125,426,000 | – | 11,945,316 | – | 3.35% | – |
| B | New | BARNES GROUP INC | $119,209,000 | – | 3,093,134 | – | 3.18% | – |
| HW | New | HEADWATERS INC | $101,671,000 | – | 7,319,753 | – | 2.71% | – |
| DNOW | New | NOW INC | $98,423,000 | – | 2,718,116 | – | 2.63% | – |
| NOV | New | NATIONAL OILWELL VARCO INC | $94,294,000 | – | 1,145,043 | – | 2.52% | – |
| MGM | New | MGM RESORTS INTERNATIONAL | $75,398,000 | – | 2,855,983 | – | 2.01% | – |
| GLPI | New | GAMING & LEISURE PPTYS INC | $56,254,000 | – | 1,655,984 | – | 1.50% | – |
| STRZA | New | STARZ | $49,810,000 | – | 1,672,021 | – | 1.33% | – |
| RELL | New | RICHARDSON ELECTRS LTD | $29,862,000 | – | 2,852,186 | – | 0.80% | – |
| IILG | New | INTERVAL LEISURE GROUP INC | $21,869,000 | – | 996,777 | – | 0.58% | – |
| VPG | New | VISHAY PRECISION GROUP INC | $12,826,000 | – | 779,203 | – | 0.34% | – |
| OIS | New | OIL STS INTL INC | $6,450,000 | – | 100,636 | – | 0.17% | – |
| GRA | New | GRACE W R & CO DEL NEWput | $3,200,000 | – | 1,000 | – | 0.08% | – |
| FTK | New | FLOTEK INDS INC DELput | $2,815,000 | – | 3,850 | – | 0.08% | – |
| DDE | New | DOVER DOWNS GAMING & ENTMT I | $2,613,000 | – | 1,907,240 | – | 0.07% | – |
| MGM | New | MGM RESORTS INTERNATIONALput | $2,423,000 | – | 1,500 | – | 0.06% | – |
| ITT | New | ITT CORP NEW | $496,000 | – | 10,314 | – | 0.01% | – |
Q4 2013
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| DAR | Exit | DARLING INTL INCput | $0 | – | -3,000,000 | – | -0.09% | – |
| DDE | Exit | DOVER DOWNS GAMING & ENTMT I | $0 | – | -1,936,584 | – | -0.10% | – |
| VPG | Exit | VISHAY PRECISION GROUP INC | $0 | – | -1,173,901 | – | -0.68% | – |
| Exit | MGM RESORTS INTERNATIONALnote 4.250% 4/1 | $0 | – | -21,641,000 | – | -1.09% | – | |
| CF | Exit | CF INDS HLDGS INC | $0 | – | -138,401 | – | -1.16% | – |
| RELL | Exit | RICHARDSON ELECTRS LTD | $0 | – | -2,619,303 | – | -1.18% | – |
| B | Exit | BARNES GROUP INC | $0 | – | -1,226,462 | – | -1.70% | – |
| HW | Exit | HEADWATERS INC | $0 | – | -5,213,624 | – | -1.86% | – |
| NX | Exit | QUANEX BUILDING PRODUCTS COR | $0 | – | -2,650,713 | – | -1.98% | – |
| ITT | Exit | ITT CORP NEW | $0 | – | -1,531,410 | – | -2.19% | – |
| NWSA | Exit | NEWS CORP NEWcl a | $0 | – | -3,458,941 | – | -2.21% | – |
| MERC | Exit | MERCER INTL INC | $0 | – | -8,112,326 | – | -2.28% | – |
| IILG | Exit | INTERVAL LEISURE GROUP INC | $0 | – | -2,745,072 | – | -2.58% | – |
| COH | Exit | COACH INC | $0 | – | -1,342,799 | – | -2.91% | – |
| MGM | Exit | MGM RESORTS INTERNATIONAL | $0 | – | -3,744,983 | – | -3.04% | – |
| MLI | Exit | MUELLER INDS INC | $0 | – | -1,773,687 | – | -3.92% | – |
| ALB | Exit | ALBEMARLE CORP | $0 | – | -1,578,486 | – | -3.95% | – |
| SNI | Exit | SCRIPPS NETWORKS INTERACT IN | $0 | – | -1,307,263 | – | -4.06% | – |
| DAR | Exit | DARLING INTL INC | $0 | – | -4,852,706 | – | -4.08% | – |
| STRZA | Exit | STARZ | $0 | – | -3,721,927 | – | -4.16% | – |
| FTK | Exit | FLOTEK INDS INC DEL | $0 | – | -4,653,879 | – | -4.25% | – |
| SNA | Exit | SNAP ON INC | $0 | – | -1,291,963 | – | -5.11% | – |
| TROX | Exit | TRONOX LTD | $0 | – | -5,607,616 | – | -5.45% | – |
| GRA | Exit | GRACE W R & CO DEL NEW | $0 | – | -1,572,452 | – | -5.46% | – |
| IGT | Exit | INTERNATIONAL GAME TECHNOLOG | $0 | – | -8,726,314 | – | -6.56% | – |
| ROC | Exit | ROCKWOOD HLDGS INC | $0 | – | -2,507,182 | – | -6.66% | – |
| MHFI | Exit | MCGRAW HILL FINL INC | $0 | – | -2,580,474 | – | -6.72% | – |
| DVA | Exit | DAVITA HEALTHCARE PARTNERS I | $0 | – | -2,989,718 | – | -6.76% | – |
| NTK | Exit | NORTEK INC | $0 | – | -2,863,766 | – | -7.82% | – |
Q3 2013
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| NTK | Buy | NORTEK INC | $196,769,000 | +19.7% | 2,863,766 | +12.2% | 7.82% | +3.8% |
| DVA | Buy | DAVITA HEALTHCARE PARTNERS I | $170,115,000 | +13.2% | 2,989,718 | +140.3% | 6.76% | -1.9% |
| MHFI | Buy | MCGRAW HILL FINL INC | $169,253,000 | +28.7% | 2,580,474 | +4.4% | 6.72% | +11.6% |
| ROC | Buy | ROCKWOOD HLDGS INC | $167,730,000 | +29.6% | 2,507,182 | +24.0% | 6.66% | +12.4% |
| IGT | Buy | INTERNATIONAL GAME TECHNOLOG | $165,189,000 | +14.2% | 8,726,314 | +0.8% | 6.56% | -1.0% |
| GRA | Buy | GRACE W R & CO DEL NEW | $137,432,000 | +4.4% | 1,572,452 | +0.3% | 5.46% | -9.5% |
| TROX | Buy | TRONOX LTD | $137,218,000 | +30.1% | 5,607,616 | +7.2% | 5.45% | +12.8% |
| FTK | Buy | FLOTEK INDS INC DEL | $107,039,000 | +29.6% | 4,653,879 | +1.1% | 4.25% | +12.3% |
| STRZA | Buy | STARZ | $104,698,000 | +31.9% | 3,721,927 | +3.6% | 4.16% | +14.4% |
| DAR | Sell | DARLING INTL INC | $102,683,000 | -3.1% | 4,852,706 | -14.5% | 4.08% | -16.0% |
| SNI | Buy | SCRIPPS NETWORKS INTERACT IN | $102,110,000 | +124.4% | 1,307,263 | +91.8% | 4.06% | +94.5% |
| ALB | Buy | ALBEMARLE CORP | $99,350,000 | +116.5% | 1,578,486 | +114.3% | 3.95% | +87.7% |
| MLI | Buy | MUELLER INDS INC | $98,741,000 | +31.7% | 1,773,687 | +19.3% | 3.92% | +14.2% |
| MGM | Buy | MGM RESORTS INTERNATIONAL | $76,547,000 | +42.1% | 3,744,983 | +2.7% | 3.04% | +23.2% |
| COH | Buy | COACH INC | $73,223,000 | +7.5% | 1,342,799 | +12.5% | 2.91% | -6.8% |
| IILG | Buy | INTERVAL LEISURE GROUP INC | $64,866,000 | +21.6% | 2,745,072 | +2.5% | 2.58% | +5.4% |
| MERC | Buy | MERCER INTL INC | $57,516,000 | +13.9% | 8,112,326 | +4.8% | 2.28% | -1.2% |
| NWSA | Buy | NEWS CORP NEWcl a | $55,551,000 | +51.6% | 3,458,941 | +43.9% | 2.21% | +31.4% |
| NX | Buy | QUANEX BUILDING PRODUCTS COR | $49,913,000 | +138.0% | 2,650,713 | +112.9% | 1.98% | +106.3% |
| HW | New | HEADWATERS INC | $46,870,000 | – | 5,213,624 | – | 1.86% | – |
| B | Sell | BARNES GROUP INC | $42,828,000 | +4.3% | 1,226,462 | -10.4% | 1.70% | -9.6% |
| RELL | Buy | RICHARDSON ELECTRS LTD | $29,781,000 | +2.7% | 2,619,303 | +6.1% | 1.18% | -10.9% |
| CF | New | CF INDS HLDGS INC | $29,179,000 | – | 138,401 | – | 1.16% | – |
| Sell | MGM RESORTS INTERNATIONALnote 4.250% 4/1 | $27,417,000 | -5.4% | 21,641,000 | -16.5% | 1.09% | -17.9% | |
| VPG | Sell | VISHAY PRECISION GROUP INC | $17,080,000 | -4.9% | 1,173,901 | -1.1% | 0.68% | -17.6% |
| DDE | Sell | DOVER DOWNS GAMING & ENTMT I | $2,614,000 | -13.1% | 1,936,584 | -0.2% | 0.10% | -24.6% |
| DAR | New | DARLING INTL INCput | $2,175,000 | – | 3,000,000 | – | 0.09% | – |
| SNI | Exit | SCRIPPS NETWORKS INTERACT INput | $0 | – | -2,000 | – | -0.02% | – |
| GRA | Exit | GRACE W R & CO DEL NEWput | $0 | – | -6,500 | – | -0.03% | – |
| FTK | Exit | FLOTEK INDS INC DELput | $0 | – | -25,000 | – | -0.04% | – |
| BERY | Exit | BERRY PLASTICS GROUP INC | $0 | – | -1,216,952 | – | -1.23% | – |
| ASH | Exit | ASHLAND INC NEW | $0 | – | -479,406 | – | -1.83% | – |
| XYL | Exit | XYLEM INC | $0 | – | -5,862,819 | – | -7.24% | – |
Q2 2013
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| NTK | New | NORTEK INC | $164,396,000 | – | 2,551,540 | – | 7.53% | – |
| XYL | New | XYLEM INC | $157,944,000 | – | 5,862,819 | – | 7.24% | – |
| DVA | New | DAVITA HEALTHCARE PARTNERS I | $150,317,000 | – | 1,244,347 | – | 6.89% | – |
| IGT | New | INTERNATIONAL GAME TECHNOLOG | $144,620,000 | – | 8,654,688 | – | 6.63% | – |
| GRA | New | GRACE W R & CO DEL NEW | $131,701,000 | – | 1,567,127 | – | 6.04% | – |
| MHFI | New | MCGRAW HILL FINL INC | $131,506,000 | – | 2,472,383 | – | 6.03% | – |
| ROC | New | ROCKWOOD HLDGS INC | $129,424,000 | – | 2,021,304 | – | 5.93% | – |
| SNA | New | SNAP ON INC | $115,476,000 | – | 1,291,963 | – | 5.29% | – |
| DAR | New | DARLING INTL INC | $105,958,000 | – | 5,678,359 | – | 4.86% | – |
| TROX | New | TRONOX LTD | $105,448,000 | – | 5,233,153 | – | 4.83% | – |
| FTK | New | FLOTEK INDS INC DEL | $82,620,000 | – | 4,605,340 | – | 3.79% | – |
| STRZA | New | STARZ | $79,367,000 | – | 3,591,286 | – | 3.64% | – |
| MLI | New | MUELLER INDS INC | $74,965,000 | – | 1,486,516 | – | 3.44% | – |
| COH | New | COACH INC | $68,138,000 | – | 1,193,519 | – | 3.12% | – |
| MGM | New | MGM RESORTS INTERNATIONAL | $53,873,000 | – | 3,644,983 | – | 2.47% | – |
| IILG | New | INTERVAL LEISURE GROUP INC | $53,329,000 | – | 2,677,151 | – | 2.44% | – |
| MERC | New | MERCER INTL INC | $50,489,000 | – | 7,743,720 | – | 2.31% | – |
| ALB | New | ALBEMARLE CORP | $45,880,000 | – | 736,559 | – | 2.10% | – |
| SNI | New | SCRIPPS NETWORKS INTERACT IN | $45,505,000 | – | 681,616 | – | 2.08% | – |
| ITT | New | ITT CORP NEW | $45,039,000 | – | 1,531,410 | – | 2.06% | – |
| B | New | BARNES GROUP INC | $41,050,000 | – | 1,368,773 | – | 1.88% | – |
| ASH | New | ASHLAND INC NEW | $40,030,000 | – | 479,406 | – | 1.83% | – |
| NWSA | New | NEWS CORPcl a | $36,653,000 | – | 2,403,498 | – | 1.68% | – |
| RELL | New | RICHARDSON ELECTRS LTD | $28,987,000 | – | 2,469,096 | – | 1.33% | – |
| New | MGM RESORTS INTERNATIONALnote 4.250% 4/1 | $28,967,000 | – | 25,921,000 | – | 1.33% | – | |
| BERY | New | BERRY PLASTICS GROUP INC | $26,858,000 | – | 1,216,952 | – | 1.23% | – |
| NX | New | QUANEX BUILDING PRODUCTS COR | $20,968,000 | – | 1,245,147 | – | 0.96% | – |
| VPG | New | VISHAY PRECISION GROUP INC | $17,965,000 | – | 1,186,581 | – | 0.82% | – |
| DDE | New | DOVER DOWNS GAMING & ENTMT I | $3,008,000 | – | 1,940,684 | – | 0.14% | – |
| FTK | New | FLOTEK INDS INC DELput | $875,000 | – | 25,000 | – | 0.04% | – |
| GRA | New | GRACE W R & CO DEL NEWput | $601,000 | – | 6,500 | – | 0.03% | – |
| SNI | New | SCRIPPS NETWORKS INTERACT INput | $470,000 | – | 2,000 | – | 0.02% | – |