Gruss Capital Management LP
Follow13F filer, CIK 1134628, NEW YORK, NY
Gruss Capital Management LP reported $1,154,687,000 across 22 holdings for the quarter ended 2017-09-30, in a 13F-HR filed 2017-11-14. Its ten largest share positions make up 87.01% of the portfolio.
Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001085146-17-002354
- Period
- 2017-09-30
- Reported value
- $1.15B
- Holdings
- 22
- Top 10 weight
- 87.01%
- New
- 3
- Sold out
- 11
Largest buys vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| DHInew | +885,100 | $35.3M |
| Hadded | +490,000 | $30.3M |
| MSGSadded | +119,172 | $25.5M |
| SPIRIT RLTY CAP INC NEWadded | +2,650,000 | $22.7M |
| ENTERCOM COMMUNICATIONS CORPadded | +1,224,235 | $14M |
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 |
|---|---|---|
| SYFexited | -1,305,000 | -$38.9M |
| WYexited | -1,040,000 | -$34.8M |
| PKexited | -925,000 | -$24.9M |
| ILG INCreduced | -480,000 | -$12.8M |
| BAKreduced | -400,000 | -$10.7M |
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, Q3 2017
Share positions as resolved from 13F-HR 0001085146-17-002354, largest first. % of portfolio is the value over $688,001,000, the sum of the share positions whose value is usable for ratios (method).
| Security | History | Shares | Value | % of portfolio | Change | Latest event | Timeline |
|---|---|---|---|---|---|---|---|
| Cbs Corporation Cl A NewCbs Corporation Cl A New | 2,480,000 | $145M | 21.06% | +46,288 | |||
| VRSNVERISIGN INC | 920,000 | $97.9M | 14.23% | +85,000 | Timeline | ||
| MSGSMADISON SQUARE GRDN SPRT COR | 349,172 | $74.8M | 10.87% | +119,172 | Timeline | ||
| SPIRIT RLTY CAP INC NEWSPIRIT RLTY CAP INC NEW | 7,375,000 | $63.2M | 9.19% | +2,650,000 | |||
| LIBERTY MEDIA CORP DELLIBERTY MEDIA CORP DEL | 1,163,500 | $48.8M | 7.09% | +185,000 | |||
| HHYATT HOTELS CORP | 645,000 | $39.9M | 5.79% | +490,000 | Timeline | ||
| DHID R HORTON INC | 885,100 | $35.3M | 5.14% | new | Timeline | ||
| ILG INCILG INC | 1,300,000 | $34.7M | 5.05% | -480,000 | |||
| AXTAAXALTA COATING SYS LTD | 1,095,000 | $31.7M | 4.6% | +125,000 | Timeline | ||
| OMFONEMAIN HLDGS INC | 975,000 | $27.5M | 3.99% | +264,000 | Timeline | ||
| VEREIT INCVEREIT INC | 3,285,000 | $27.2M | 3.96% | +1,350,000 | |||
| UHALU HAUL HOLDING COMPANY | 60,000 | $22.5M | 3.27% | 0 | Timeline | ||
| ENTERCOM COMMUNICATIONS CORPENTERCOM COMMUNICATIONS CORP | 1,409,235 | $16.1M | 2.35% | +1,224,235 | |||
| EQCEQUITY COMMONWEALTH | 320,000 | $9.73M | 1.41% | new | Timeline | ||
| BAKBRASKEM SA | 325,000 | $8.69M | 1.26% | -400,000 | Timeline | ||
| PLAYA HOTELS & RESORTS NVPLAYA HOTELS & RESORTS NV | 260,041 | $2.71M | 0.39% | -477,458 | |||
| SANOFISANOFI | 5,500,000 | $1.98M | 0.29% | 0 | |||
| Cenveo Inc (NV)Cenveo Inc (NV) | 122,499 | $423K | 0.06% | 0 |
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 |
|---|---|---|---|---|
| GLDSPDR GOLD TR GOLD SHS | call | 2,380,000 | $289M | 0 |
| PowerShares QQQ Trust Unit …PowerShares QQQ Trust Unit Ser COM | put | 660,000 | $96M | -290,000 |
| WYWEYERHAEUSER CO REIT | put | 1,440,000 | $49M | 0 |
| XLFSELECT SECTOR SPDR TR SHS | put | 1,250,000 | $32.3M | new |
Sold out in Q3 2017
Positions in the previous quarter's report that this quarter's report no longer lists.
| Security | Shares before | Value before | Type |
|---|---|---|---|
| IWMISHARES TR | 550,000 | $77.5M | put |
| REYNOLDS AMERICAN INCREYNOLDS AMERICAN INC | 650,000 | $42.3M | put |
| SYFSYNCHRONY FINANCIAL | 1,305,000 | $38.9M | shares |
| WYWEYERHAEUSER CO | 1,040,000 | $34.8M | shares |
| SYFSYNCHRONY FINANCIAL | 1,130,000 | $33.7M | put |
| PKPARK HOTELS & RESORTS INC | 925,000 | $24.9M | shares |
| RYNRAYONIER INC | 290,000 | $8.34M | shares |
| FPHFIVE POINT HOLDINGS LLC | 450,000 | $6.64M | shares |
| DELTIC TIMBER CORPDELTIC TIMBER CORP | 20,000 | $1.49M | shares |
| CITIGROUP INCCITIGROUP INC | 9,000,000 | $1.35M | shares |
| CATCHMARK TIMBER TR INC CL ACATCHMARK TIMBER TR INC CL A | 70,000 | $796K | shares |
How Q3 2017 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 0001085146-17-002354 | base | 2017-11-14 | acceptance time not in the bulk data set |