Gruss Capital Management LP
Follow13F filer, CIK 1134628, NEW YORK, NY
Gruss Capital Management LP reported $1,002,830,000 across 26 holdings for the quarter ended 2018-03-31, in a 13F-HR filed 2018-05-14. Its ten largest share positions make up 96.16% of the portfolio.
Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001085146-18-001388
- Period
- 2018-03-31
- Reported value
- $1B
- Holdings
- 26
- Top 10 weight
- 96.16%
- New
- 19
- Sold out
- 12
Largest buys vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| ALTABA INCnew | +1,250,000 | $92.5M |
| LOWnew | +875,000 | $76.8M |
| TIME WARNER INCnew | +725,000 | $68.6M |
| METAnew | +325,000 | $51.9M |
| TRONOX LTDnew | +2,000,000 | $36.9M |
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 |
|---|---|---|
| VRSNexited | -830,000 | -$95M |
| MSGSexited | -375,000 | -$79.1M |
| Hexited | -716,000 | -$52.7M |
| LIBERTY MEDIA CORP DELexited | -1,200,000 | -$47.6M |
| UHALexited | -103,000 | -$38.9M |
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, Q1 2018
Share positions as resolved from 13F-HR 0001085146-18-001388, largest first. % of portfolio is the value over $599,597,000, 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 | 2,479,900 | $128M | 21.28% | -100 | |||
| ALTABA INCALTABA INC | 1,250,000 | $92.5M | 15.44% | new | |||
| LOWLOWES COS INC | 875,000 | $76.8M | 12.81% | new | Timeline | ||
| TIME WARNER INCTIME WARNER INC | 725,000 | $68.6M | 11.44% | new | |||
| METAMETA PLATFORMS INC | 325,000 | $51.9M | 8.66% | new | Timeline | ||
| OMFONEMAIN HLDGS INC | 1,550,000 | $46.4M | 7.74% | +385,000 | Timeline | ||
| EQCEQUITY COMMONWEALTH | 1,225,000 | $37.6M | 6.27% | +245,000 | Timeline | ||
| TRONOX LTDTRONOX LTD | 2,000,000 | $36.9M | 6.15% | new | |||
| AMERICAN INTL GROUP INCAMERICAN INTL GROUP INC | 1,350,000 | $22.1M | 3.69% | new | |||
| NATIONSTAR MORTGAGE HOLDINGSNATIONSTAR MORTGAGE HOLDINGS | 900,000 | $16.2M | 2.7% | new | |||
| ENTERCOM COMMUNICATIONS CORPENTERCOM COMMUNICATIONS CORP | 1,250,000 | $12.1M | 2.01% | -275,000 | |||
| YPFYPF SOCIEDAD ANONIMA | 400,000 | $8.65M | 1.44% | new | Timeline | ||
| SANOFISANOFI | 5,500,000 | $2.32M | 0.39% | 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 |
|---|---|---|---|---|
| BABAALIBABA GROUP HLDG LTD SPONSORED ADS | call | 453,000 | $83.1M | new |
| XLBSELECT SECTOR SPDR TR SBI MATERIALS | call | 1,030,000 | $58.6M | new |
| PowerShares QQQ Trust Unit …PowerShares QQQ Trust Unit Ser COM | call | 310,000 | $49.6M | new |
| XHBSPDR SERIES TRUST SHS | call | 1,199,000 | $48.9M | new |
| XLFSELECT SECTOR SPDR TR SHS | call | 1,535,000 | $42.3M | new |
| TAT&T INC COM | call | 935,000 | $33.3M | new |
| XHBSPDR SERIES TRUST SHS | put | 500,000 | $20.4M | -500,000 |
| TEVATEVA PHARMACEUTICAL INDS LTD ADR | put | 1,000,000 | $17.1M | new |
| XRTSPDR SERIES TRUST ETF | put | 350,000 | $15.5M | new |
| XLFSELECT SECTOR SPDR TR SHS | put | 500,000 | $13.8M | -500,000 |
| XLESELECT SECTOR SPDR TR SHS | put | 150,000 | $10.1M | new |
| SPDR SERIES TRUSTSPDR SERIES TRUST S&P OILGAS EXP | put | 160,000 | $5.63M | new |
| XLESELECT SECTOR SPDR TR SHS | call | 70,000 | $4.72M | new |
Sold out in Q1 2018
Positions in the previous quarter's report that this quarter's report no longer lists.
| Security | Shares before | Value before | Type |
|---|---|---|---|
| GLDSPDR GOLD TR | 2,380,000 | $294M | call |
| TLTISHARES TR | 900,000 | $114M | put |
| PowerShares QQQ Trust Unit …PowerShares QQQ Trust Unit Ser | 700,000 | $109M | put |
| VRSNVERISIGN INC | 830,000 | $95M | shares |
| MSGSMADISON SQUARE GRDN SPRT COR | 375,000 | $79.1M | shares |
| HHYATT HOTELS CORP | 716,000 | $52.7M | shares |
| LIBERTY MEDIA CORP DELLIBERTY MEDIA CORP DEL | 1,200,000 | $47.6M | shares |
| UHALU HAUL HOLDING COMPANY | 103,000 | $38.9M | shares |
| SPIRIT RLTY CAP INC NEWSPIRIT RLTY CAP INC NEW | 4,240,000 | $36.4M | shares |
| SCANA CORP NEWSCANA CORP NEW | 880,000 | $35M | shares |
| DHID R HORTON INC | 670,000 | $34.2M | shares |
| ILG INCILG INC | 445,000 | $12.7M | shares |
How Q1 2018 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 0001085146-18-001388 | base | 2018-05-14 | acceptance time not in the bulk data set |