MASTERS CAPITAL MANAGEMENT LLC's Q2 2023 13F: 3 new positions
Form 13F-HR for the quarter ended Jun 30, 2023 · filed Aug 14, 2023 · 31 reported positions · accession 0001104186-23-000006
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Reduced | CALIFORNIA RES CORP (CRC) | 6.4% | 1.8% | −4.6 pts | −500K sh | −71% |
| New | GOODYEAR TIRE & RUBR CO (GT) | — | 4.0% | +4.0 pts | +1.45M sh | new |
| Increased | ALCOA CORP (AA) | 2.0% | 5.2% | +3.1 pts | +550K sh | +275% |
| New | SCOTTS MIRACLE-GRO CO (SMG) | — | 2.5% | +2.5 pts | +200K sh | new |
| Increased | DEUTSCHE BANK A G (DB) | 7.3% | 8.5% | +1.2 pts | +1M sh | +33% |
| Increased | GREEN PLAINS INC (GPRE) | 3.0% | 4.5% | +1.5 pts | +278K sh | +69% |
| Increased | NAVITAS SEMICONDUCTOR CORP (NVTS) | 0.5% | 2.1% | +1.6 pts | +700K sh | +233% |
| New | RIVIAN AUTOMOTIVE INC (RIVN) | — | 1.0% | +1.0 pts | +300K sh | new |
| Increased | SSR MINING IN (SSRM) | 7.2% | 6.6% | −0.6 pts | +300K sh | +15% |
| Reduced | PITNEY BOWES INC (PBI) | 1.9% | 0.7% | −1.1 pts | −1M sh | −50% |
| Increased | FERROGLOBE PLC (GSM) | 3.0% | 2.9% | −0.1 pts | +500K sh | +20% |
| Increased | SEQUANS COMMUNICATIONS S A (SQNS) | 0.5% | 0.9% | +0.4 pts | +961K sh | +92% |
| Increased | LIONS GATE ENTMNT CORP (LGFB) | 5.0% | 3.5% | −1.5 pts | +50,000 sh | +3% |
| Increased | ASENSUS SURGICAL INC (ASXC) | 0.3% | 0.2% | −0.1 pts | +157K sh | +9% |
Reported by the fund in its Form 13F filed with the SEC; holdings are as of the quarter-end report date and may have changed since. For informational purposes only — not investment advice or a recommendation to buy or sell any security. FilingExplorer is not affiliated with or endorsed by this fund. How this brief is compiled
† Security identifier (CUSIP) changed — read as one continuing position, not an exit and a new position:
- VENUS CONCEPT INC (VERO): 92332W105 → 92332W204, 5M → 333K shares (share count changed with the identifier; not shown as a trade)
Top 10 positions — 65.9% of the equity book
Changes in the top 10 this quarter: AA entered · GPRE entered · CRC left · LGFB left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | DELTA AIR LINES INC DEL (DAL) | 8.3% | 9.6% | |
| 2 | DEUTSCHE BANK A G (DB) | 7.3% | 8.5% | |
| 3 | BARCLAYS PLC (BCS) | 8.6% | 8.0% | |
| 4 | CLEVELAND-CLIFFS INC NEW (CLF) | 8.8% | 6.8% | |
| 5 | SSR MINING IN (SSRM) | 7.2% | 6.6% | |
| 6 | NOV INC (NOV) | 8.8% | 6.5% | |
| 7 | FLUOR CORP NEW (FLR) | 7.4% | 6.0% | |
| 8 | ALCOA CORP (AA) | 2.0% | 5.2% | Entered the top 10 |
| 9 | GREEN PLAINS INC (GPRE) | 3.0% | 4.5% | Entered the top 10 |
| 10 | TRANSOCEAN LTD (RIG) | 4.6% | 4.3% | |
| — | CALIFORNIA RES CORP (CRC) | 6.4% | 1.8% | Left the top 10 |
| — | LIONS GATE ENTMNT CORP (LGFB) | 5.0% | 3.5% | Left the top 10 |
Weights are each position's reported value as a share of the fund's reported equity positions (options and principal-amount holdings excluded).
Option positions (puts and calls)
Reported separately from the positions above. The value a 13F reports for an option is that of the underlying shares, not the option itself.
| Activity | Security | Type | Shares before | Shares now | Reported value |
|---|---|---|---|---|---|
| New | SPDR S&P 500 ETF TR (SPY) | Put | 0 | 1M | $443M |
| Exited | DISNEY WALT CO (DIS) | Call | 2M | 0 | $0 |
| Exited | BANK AMERICA CORP (BAC) | Call | 5M | 0 | $0 |
| New | EXXON MOBIL CORP (XOM) | Call | 0 | 1M | $107M |
| New | BOEING CO (BA) | Call | 0 | 500K | $106M |
| New | CVS HEALTH CORP (CVS) | Call | 0 | 1.5M | $104M |
| New | UNITED PARCEL SERVICE INC (UPS) | Call | 0 | 500K | $89.6M |
| Exited | GENERAL ELECTRIC CO (GE) | Call | 750K | 0 | $0 |
| Exited | CORNING INC (GLW) | Call | 2M | 0 | $0 |
| New | AMAZON COM INC (AMZN) | Call | 0 | 500K | $65.2M |
| New | MICRON TECHNOLOGY INC (MU) | Call | 0 | 1M | $63.1M |
| Reduced | CITIGROUP INC (C) | Call | 4M | 3M | $138M |
| Exited | BIOMARIN PHARMACEUTICAL INC (BMRN) | Call | 500K | 0 | $0 |
| Exited | MARVELL TECHNOLOGY INC (MRVL) | Call | 1M | 0 | $0 |
| New | WELLS FARGO CO NEW (WFC) | Call | 0 | 1M | $42.7M |
| Exited | META PLATFORMS INC (META) | Call | 200K | 0 | $0 |
| Increased | GENERAL MTRS CO (GM) | Call | 2M | 3M | $116M |
| Increased | FREEPORT-MCMORAN INC (FCX) | Call | 1M | 2M | $80M |
| Exited | SSR MINING IN (SSRM) | Call | 2M | 0 | $0 |
| New | SCHWAB CHARLES CORP (SCHW) | Call | 0 | 500K | $28.3M |
| Exited | CROWDSTRIKE HLDGS INC (CRWD) | Call | 200K | 0 | $0 |
| Increased | V F CORP (VFC) | Call | 500K | 2M | $38.2M |
| Exited | RH (RH) | Call | 100K | 0 | $0 |
| New | GOODYEAR TIRE & RUBR CO (GT) | Call | 0 | 1.67M | $22.8M |
| Reduced | CLEVELAND-CLIFFS INC NEW (CLF) | Call | 2M | 1M | $16.8M |