EMG Holdings, L.P.
Follow13F filer, CIK 1478394, OLD GREENWICH, CT
EMG Holdings, L.P. reported $168,271,937 across 26 holdings for the quarter ended 2024-12-31, in a 13F-HR filed 2025-02-12. Its ten largest share positions make up 71.49% of the portfolio.
Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001085146-25-001092
- Period
- 2024-12-31
- Reported value
- $168M
- Holdings
- 26
- Top 10 weight
- 71.49%
- New
- 9
- Sold out
- 13
Largest buys vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| OCnew | +27,000 | $4.6M |
| FAFnew | +69,982 | $4.37M |
| ESNTnew | +66,773 | $3.64M |
| TOLnew | +23,000 | $2.9M |
| MBCnew | +196,082 | $2.86M |
Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.
Largest sells vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| MTHexited | -23,560 | -$4.83M |
| PFSIexited | -38,649 | -$4.4M |
| ADAMreduced | -610,971 | -$3.7M |
| MASexited | -30,000 | -$2.52M |
| MFAreduced | -239,345 | -$2.44M |
Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.
Holdings, Q4 2024
Share positions as resolved from 13F-HR 0001085146-25-001092, largest first. % of portfolio is the value over $72,575,460, the sum of the share positions whose value is usable for ratios (method).
| Security | History | Shares | Value | % of portfolio | Change | Latest event | Timeline |
|---|---|---|---|---|---|---|---|
| EFCELLINGTON FINANCIAL INC | 927,141 | $11.2M | 15.48% | 0 | Timeline | ||
| MR COOPER GROUP INCMR COOPER GROUP INC | 87,512 | $8.4M | 11.58% | +9,270 | |||
| TMHCTAYLOR MORRISON HOME CORP | 99,173 | $6.07M | 8.36% | +6,173 | Timeline | ||
| OCOWENS CORNING NEW | 27,000 | $4.6M | 6.34% | new | Timeline | ||
| ADAMADAMAS TRUST INC. | 726,121 | $4.4M | 6.06% | -610,971 | Timeline | ||
| FAFFIRST AMERN FINL CORP | 69,982 | $4.37M | 6.02% | new | Timeline | ||
| ESNTESSENT GROUP LTD | 66,773 | $3.64M | 5.01% | new | Timeline | ||
| Rithm Property Trust IncRithm Property Trust Inc | 1,147,287 | $3.41M | 4.7% | -793,362 | |||
| TOLTOLL BROTHERS INC | 23,000 | $2.9M | 3.99% | new | Timeline | ||
| MBCMASTERBRAND INC | 196,082 | $2.86M | 3.95% | new | Timeline | ||
| SGISOMNIGROUP INTERNATIONAL INC | 50,000 | $2.83M | 3.91% | new | Timeline | ||
| ARHSARHAUS INC | 294,719 | $2.77M | 3.82% | +244,719 | Timeline | ||
| UWMCUWM HOLDINGS CORPORATION | 442,448 | $2.6M | 3.58% | new | Timeline | ||
| RKTROCKET COS INC | 220,748 | $2.49M | 3.42% | +139,252 | Timeline | ||
| OPRTOPORTUN FINL CORP | 623,223 | $2.42M | 3.33% | -88,408 | Timeline | ||
| MFAMFA FINL INC | 218,100 | $2.22M | 3.06% | -239,345 | Timeline | ||
| HYGISHARES TR | 27,776 | $2.18M | 3.01% | 0 | Timeline | ||
| IVRINVESCO MORTGAGE CAPITAL INC | 150,817 | $1.21M | 1.67% | new | Timeline | ||
| EARNELLINGTON CREDIT COMPANY | 149,086 | $987K | 1.36% | 0 | Timeline |
Options
Puts and calls, as filed. The amount and value describe the underlying shares, not the option premium, so they stay out of % of portfolio (H5).
| Security | Type | Amount | Value | Change |
|---|---|---|---|---|
| SPYSTATE STR SPDR S&P 500 ETF T SHS | put | 75,000 | $44M | +13,500 |
| NCLHNORWEGIAN CRUISE LINE HLDGS Stock | put | 850,000 | $21.9M | 0 |
| CCLCARNIVAL CORP Stock | put | 580,000 | $14.5M | 0 |
| AALAMERICAN AIRLINES GROUP INC Stock | put | 400,000 | $6.97M | 0 |
| ECHOECHOSTAR CORP CL A | put | 300,000 | $6.87M | 0 |
| TOLTOLL BROTHERS INC Stock | call | 12,500 | $1.57M | new |
Principal amounts
Notes and convertibles filed as a face amount (PRN). A face amount is never added to a share count (H6).
| Security | Type | Amount | Value | Change |
|---|---|---|---|---|
| PENNYMAC CORPPENNYMAC CORP NOTE 5.500% 3/1 | principal | 1,000,000 | $980K | 0 |
Sold out in Q4 2024
Positions in the previous quarter's report that this quarter's report no longer lists.
| Security | Shares before | Value before | Type |
|---|---|---|---|
| HDHOME DEPOT INC | 75,000 | $30.4M | put |
| IWMISHARES TR | 55,000 | $12.1M | put |
| MTHMERITAGE HOMES CORP | 23,560 | $4.83M | shares |
| PFSIPENNYMAC FINL SVCS INC NEW | 38,649 | $4.4M | shares |
| MASMASCO CORP | 30,000 | $2.52M | shares |
| BEACON ROOFING SUPPLY INCBEACON ROOFING SUPPLY INC | 25,327 | $2.19M | shares |
| VROOM INCVROOM INC | 2,500,000 | $1.35M | principal |
| ENVAENOVA INTL INC | 10,000 | $838K | put |
| AGNTAGNT INC | 36,521 | $515K | shares |
| PENNYMAC CORPPENNYMAC CORP | 500,000 | $499K | principal |
| MITTTPG MTG INVTS TR INC | 47,846 | $359K | shares |
| FORFORESTAR GROUP INC | 9,008 | $292K | shares |
| RWTREDWOOD TRUST INC | 13,946 | $108K | shares |
How Q4 2024 was built
Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).
| Filing | Role | Amendment | Filed | Accepted | Ingested |
|---|---|---|---|---|---|
| 13F-HR 0001085146-25-001092 | base | 2025-02-12 | acceptance time not in the bulk data set |