Gruss Capital Management LP
Follow13F filer, CIK 1134628, NEW YORK, NY
Gruss Capital Management LP reported $1,248,158,000 across 19 holdings for the quarter ended 2017-12-31, in a 13F-HR filed 2018-02-13. Its ten largest share positions make up 90.72% of the portfolio.
Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001085146-18-000666
- Period
- 2017-12-31
- Reported value
- $1.25B
- Holdings
- 19
- Top 10 weight
- 90.72%
- New
- 3
- Sold out
- 6
Largest buys vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| SCANA CORP NEWnew | +880,000 | $35M |
| EQCadded | +660,000 | $20.1M |
| UHALadded | +43,000 | $16.3M |
| MSGSadded | +25,828 | $5.45M |
| Hadded | +71,000 | $5.22M |
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 |
|---|---|---|
| AXTAexited | -1,095,000 | -$31.7M |
| VEREIT INCexited | -3,285,000 | -$27.2M |
| SPIRIT RLTY CAP INC NEWreduced | -3,135,000 | -$26.9M |
| ILG INCreduced | -855,000 | -$24.4M |
| DHIreduced | -215,100 | -$11M |
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 2017
Share positions as resolved from 13F-HR 0001085146-18-000666, largest first. % of portfolio is the value over $658,494,000, 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 | $148M | 22.51% | 0 | |||
| VRSNVERISIGN INC | 830,000 | $95M | 14.42% | -90,000 | Timeline | ||
| MSGSMADISON SQUARE GRDN SPRT COR | 375,000 | $79.1M | 12.01% | +25,828 | Timeline | ||
| HHYATT HOTELS CORP | 716,000 | $52.7M | 8% | +71,000 | Timeline | ||
| LIBERTY MEDIA CORP DELLIBERTY MEDIA CORP DEL | 1,200,000 | $47.6M | 7.23% | +36,500 | |||
| UHALU HAUL HOLDING COMPANY | 103,000 | $38.9M | 5.91% | +43,000 | Timeline | ||
| SPIRIT RLTY CAP INC NEWSPIRIT RLTY CAP INC NEW | 4,240,000 | $36.4M | 5.52% | -3,135,000 | |||
| SCANA CORP NEWSCANA CORP NEW | 880,000 | $35M | 5.32% | new | |||
| DHID R HORTON INC | 670,000 | $34.2M | 5.2% | -215,100 | Timeline | ||
| OMFONEMAIN HLDGS INC | 1,165,000 | $30.3M | 4.6% | +190,000 | Timeline | ||
| EQCEQUITY COMMONWEALTH | 980,000 | $29.9M | 4.54% | +660,000 | Timeline | ||
| ENTERCOM COMMUNICATIONS CORPENTERCOM COMMUNICATIONS CORP | 1,525,000 | $16.5M | 2.5% | +115,765 | |||
| ILG INCILG INC | 445,000 | $12.7M | 1.92% | -855,000 | |||
| SANOFISANOFI | 5,500,000 | $2.09M | 0.32% | 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 | $294M | 0 |
| TLTISHARES TR 20 YR TR BD ETF | put | 900,000 | $114M | new |
| PowerShares QQQ Trust Unit …PowerShares QQQ Trust Unit Ser COM | put | 700,000 | $109M | +40,000 |
| XHBSPDR SERIES TRUST SHS | put | 1,000,000 | $44.3M | new |
| XLFSELECT SECTOR SPDR TR SHS | put | 1,000,000 | $27.9M | -250,000 |
Sold out in Q4 2017
Positions in the previous quarter's report that this quarter's report no longer lists.
| Security | Shares before | Value before | Type |
|---|---|---|---|
| WYWEYERHAEUSER CO | 1,440,000 | $49M | put |
| AXTAAXALTA COATING SYS LTD | 1,095,000 | $31.7M | shares |
| VEREIT INCVEREIT INC | 3,285,000 | $27.2M | shares |
| BAKBRASKEM SA | 325,000 | $8.69M | shares |
| PLAYA HOTELS & RESORTS NVPLAYA HOTELS & RESORTS NV | 260,041 | $2.71M | shares |
| Cenveo Inc (NV)Cenveo Inc (NV) | 122,499 | $423K | shares |
How Q4 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 0001085146-18-000666 | base | 2018-02-13 | acceptance time not in the bulk data set |