MASTERS CAPITAL MANAGEMENT LLC's Q3 2024 13F: 7 new positions, 6 exits
Form 13F-HR for the quarter ended Sep 30, 2024 · filed Nov 14, 2024 · 36 reported positions · accession 0001104186-24-000007
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Exited | INTEL CORP (INTC) | 4.9% | — | −4.9 pts | −890K sh | −100% |
| New | WAYFAIR INC (W) | — | 4.3% | +4.3 pts | +400K sh | new |
| Exited | BAXTER INTL INC (BAX) | 3.6% | — | −3.6 pts | −600K sh | −100% |
| Exited | CIENA CORP (CIEN) | 3.5% | — | −3.5 pts | −400K sh | −100% |
| Reduced | EMBRAER S.A. (EMBJ) | 4.5% | 3.4% | −1.1 pts | −475K sh | −49% |
| New | RIO TINTO PLC (RIO) | — | 2.7% | +2.7 pts | +200K sh | new |
| New | CORE SCIENTIFIC INC NEW (CORZ) | — | 2.3% | +2.3 pts | +1M sh | new |
| Reduced | NOV INC (NOV) | 6.2% | 3.5% | −2.7 pts | −670K sh | −37% |
| Reduced | PERRIGO CO PLC (PRGO) | 4.6% | 3.3% | −1.3 pts | −350K sh | −35% |
| Reduced | SUNRUN INC (RUN) | 2.1% | 1.7% | −0.3 pts | −475K sh | −49% |
| New | COHERENT CORP (COHR) | — | 1.5% | +1.5 pts | +88,792 sh | new |
| Reduced | AST SPACEMOBILE INC (ASTS) | 2.1% | 3.6% | +1.5 pts | −288K sh | −29% |
| Exited | GREEN PLAINS INC (GPRE) | 1.4% | — | −1.4 pts | −500K sh | −100% |
| Increased | ENOVIX CORPORATION (ENVX) | 2.8% | 3.1% | +0.3 pts | +700K sh | +70% |
| Exited | HEWLETT PACKARD ENTERPRISE C (HPE) | 1.1% | — | −1.1 pts | −300K sh | −100% |
| New | EVE HLDG INC (EVEX) | — | 0.7% | +0.7 pts | +1.2M sh | new |
| Reduced | TRANSOCEAN LTD (RIG) | 2.7% | 1.6% | −1.1 pts | −870K sh | −30% |
| Increased | DELTA AIR LINES INC DEL (DAL) | 7.9% | 9.8% | +1.8 pts | +65,000 sh | +7% |
| Reduced | TELOS CORP MD (TLS) | 2.1% | 1.4% | −0.6 pts | −800K sh | −28% |
| New | ARCHER AVIATION INC (ACHR) | — | 0.5% | +0.5 pts | +896K sh | new |
| Increased | ALCOA CORP (AA) | 6.7% | 7.4% | +0.7 pts | +55,000 sh | +6% |
| New | NEURONETICS INC (STIM) | — | 0.2% | +0.2 pts | +1.2M sh | new |
| Increased | TETRA TECHNOLOGIES INC DEL (TTI) | 1.1% | 1.2% | +0.1 pts | +275K sh | +16% |
| Increased | CLEVELAND-CLIFFS INC NEW (CLF) | 5.4% | 4.9% | −0.4 pts | +65,000 sh | +3% |
| Increased | FLUOR CORP NEW (FLR) | 7.7% | 9.2% | +1.5 pts | +15,000 sh | +2% |
| Exited | ASENSUS SURGICAL INC (ASXC) | 0.1% | — | −0.1 pts | −2M sh | −100% |
| Increased | V F CORP (VFC) | 2.3% | 3.8% | +1.5 pts | +30,000 sh | +3% |
| Increased | FERROGLOBE PLC (GSM) | 2.8% | 2.7% | −0.1 pts | +75,000 sh | +3% |
| Increased | NAVITAS SEMICONDUCTOR CORP (NVTS) | 1.3% | 0.9% | −0.4 pts | +100K sh | +5% |
| Increased | NEXGEN ENERGY LTD (NXE) | 1.2% | 1.3% | 0.0 pts | +25,000 sh | +3% |
| Reduced | VENUS CONCEPT INC (VERO) | 0.1% | 0.1% | 0.0 pts | −44,962 sh | −7% |
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
Top 10 positions — 57.5% of the equity book
Changes in the top 10 this quarter: W entered · VFC entered · VNO entered · ASTS entered · NOV left · INTC left · PRGO left · EMBJ left
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | DELTA AIR LINES INC DEL (DAL) | 7.9% | 9.8% | |
| 2 | FLUOR CORP NEW (FLR) | 7.7% | 9.2% | |
| 3 | ALCOA CORP (AA) | 6.7% | 7.4% | |
| 4 | DEUTSCHE BANK A G (DB) | 5.4% | 6.3% | |
| 5 | CLEVELAND-CLIFFS INC NEW (CLF) | 5.4% | 4.9% | |
| 6 | BARCLAYS PLC (BCS) | 3.6% | 4.4% | |
| 7 | WAYFAIR INC (W) | 0.0% | 4.3% | Entered the top 10 |
| 8 | V F CORP (VFC) | 2.3% | 3.8% | Entered the top 10 |
| 9 | VORNADO RLTY TR (VNO) | 2.4% | 3.8% | Entered the top 10 |
| 10 | AST SPACEMOBILE INC (ASTS) | 2.1% | 3.6% | Entered the top 10 |
| — | NOV INC (NOV) | 6.2% | 3.5% | Left the top 10 |
| — | INTEL CORP (INTC) | 4.9% | 0.0% | Left the top 10 |
| — | PERRIGO CO PLC (PRGO) | 4.6% | 3.3% | Left the top 10 |
| — | EMBRAER S.A. (EMBJ) | 4.5% | 3.4% | 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 | $574M |
| Exited | INVESCO QQQ TR (QQQ) | Put | 500K | 0 | $0 |
| Reduced | DELTA AIR LINES INC DEL (DAL) | Call | 3M | 500K | $25.4M |
| New | DISNEY WALT CO (DIS) | Call | 0 | 1M | $96.2M |
| Exited | ISHARES TR (TLT) | Call | 1M | 0 | $0 |
| Increased | GILEAD SCIENCES INC (GILD) | Call | 385K | 1M | $83.8M |
| New | ALIBABA GROUP HLDG LTD (BABA) | Call | 0 | 500K | $53.1M |
| New | SPDR SER TR (XBI) | Call | 0 | 500K | $49.4M |
| Exited | CISCO SYS INC (CSCO) | Call | 1M | 0 | $0 |
| Exited | GENERAL MTRS CO (GM) | Call | 1M | 0 | $0 |
| New | NUCOR CORP (NUE) | Call | 0 | 300K | $45.1M |
| Exited | TRUIST FINL CORP (TFC) | Call | 1M | 0 | $0 |
| Exited | CORNING INC (GLW) | Call | 1M | 0 | $0 |
| New | ALCOA CORP (AA) | Call | 0 | 1M | $38.6M |
| New | LAS VEGAS SANDS CORP (LVS) | Call | 0 | 750K | $37.8M |
| Exited | MARVELL TECHNOLOGY INC (MRVL) | Call | 500K | 0 | $0 |
| New | CVS HEALTH CORP (CVS) | Call | 0 | 500K | $31.4M |
| Reduced | FREEPORT-MCMORAN INC (FCX) | Call | 1M | 500K | $25M |
| New | VALE S A (VALE) | Call | 0 | 2M | $23.4M |
| Exited | MOHAWK INDS INC (MHK) | Call | 200K | 0 | $0 |
| Increased | CLEVELAND-CLIFFS INC NEW (CLF) | Call | 2M | 4M | $51.1M |
| Exited | INTEL CORP (INTC) | Put | 500K | 0 | $0 |
| New | GREEN PLAINS INC (GPRE) | Call | 0 | 1M | $13.5M |
| Exited | V F CORP (VFC) | Call | 1M | 0 | $0 |
| Increased | NOV INC (NOV) | Call | 1M | 2M | $31.9M |