Gruss Capital Management LP
Follow13F filer, CIK 1134628, NEW YORK, NY
Gruss Capital Management LP reported $955,057,000 across 23 holdings for the quarter ended 2018-06-30, in a 13F-HR filed 2018-08-13. Its ten largest share positions make up 82.11% of the portfolio.
Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001085146-18-002013
- Period
- 2018-06-30
- Reported value
- $955M
- Holdings
- 23
- Top 10 weight
- 82.11%
- New
- 11
- Sold out
- 14
Largest buys vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| TWENTY FIRST CENTY FOX INCnew | +1,400,000 | $69.6M |
| MPCnew | +850,000 | $59.6M |
| CMCSAnew | +1,600,000 | $52.5M |
| DLTRnew | +500,000 | $42.5M |
| TLTnew | +270,000 | $32.9M |
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 |
|---|---|---|
| ALTABA INCexited | -1,250,000 | -$92.5M |
| TIME WARNER INCexited | -725,000 | -$68.6M |
| LOWreduced | -175,000 | -$16.7M |
| EQCreduced | -475,000 | -$15M |
| ENTERCOM COMMUNICATIONS CORPexited | -1,250,000 | -$12.1M |
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, Q2 2018
Share positions as resolved from 13F-HR 0001085146-18-002013, largest first. % of portfolio is the value over $762,595,000, 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 | $140M | 18.37% | 0 | |||
| METAMETA PLATFORMS INC | 380,000 | $73.8M | 9.68% | +55,000 | Timeline | ||
| TWENTY FIRST CENTY FOX INCTWENTY FIRST CENTY FOX INC | 1,400,000 | $69.6M | 9.12% | new | |||
| LOWLOWES COS INC | 700,000 | $66.9M | 8.77% | -175,000 | Timeline | ||
| MPCMARATHON PETE CORP | 850,000 | $59.6M | 7.82% | new | Timeline | ||
| CMCSACOMCAST CORP NEW | 1,600,000 | $52.5M | 6.88% | new | Timeline | ||
| OMFONEMAIN HLDGS INC | 1,469,401 | $48.9M | 6.41% | -80,599 | Timeline | ||
| DLTRDOLLAR TREE INC | 500,000 | $42.5M | 5.57% | new | Timeline | ||
| TRONOX LTDTRONOX LTD | 2,000,000 | $39.4M | 5.16% | 0 | |||
| TLTISHARES TR | 270,000 | $32.9M | 4.31% | new | Timeline | ||
| MACMACERICH CO | 575,000 | $32.7M | 4.28% | new | Timeline | ||
| EQCEQUITY COMMONWEALTH | 750,000 | $23.6M | 3.1% | -475,000 | Timeline | ||
| NATIONSTAR MORTGAGE HOLDINGSNATIONSTAR MORTGAGE HOLDINGS | 1,200,000 | $21M | 2.76% | +300,000 | |||
| AMERICAN INTL GROUP INCAMERICAN INTL GROUP INC | 1,400,000 | $20.3M | 2.66% | +50,000 | |||
| FOX CORP CLASS BFOX CORP CLASS B | 400,000 | $19.7M | 2.58% | new | |||
| CONNECTICUT WTR SVC INCCONNECTICUT WTR SVC INC | 250,000 | $16.3M | 2.14% | new | |||
| SANOFISANOFI | 5,500,000 | $2.75M | 0.36% | 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 |
|---|---|---|---|---|
| DISDISNEY WALT CO COM | call | 750,000 | $78.6M | new |
| TEVATEVA PHARMACEUTICAL INDS LTD ADR | put | 1,620,000 | $39.4M | +620,000 |
| GLDSPDR GOLD TR GOLD SHS | call | 300,000 | $35.6M | new |
| TAT&T INC COM | call | 935,000 | $30M | 0 |
| SPDR SERIES TRUSTSPDR SERIES TRUST S&P OILGAS EXP | put | 110,000 | $4.74M | -50,000 |
| CMCSACOMCAST CORP NEW COM | call | 125,000 | $4.1M | new |
Sold out in Q2 2018
Positions in the previous quarter's report that this quarter's report no longer lists.
| Security | Shares before | Value before | Type |
|---|---|---|---|
| ALTABA INCALTABA INC | 1,250,000 | $92.5M | shares |
| BABAALIBABA GROUP HLDG LTD | 453,000 | $83.1M | call |
| TIME WARNER INCTIME WARNER INC | 725,000 | $68.6M | shares |
| XLBSELECT SECTOR SPDR TR | 1,030,000 | $58.6M | call |
| PowerShares QQQ Trust Unit …PowerShares QQQ Trust Unit Ser | 310,000 | $49.6M | call |
| XHBSPDR SERIES TRUST | 1,199,000 | $48.9M | call |
| XLFSELECT SECTOR SPDR TR | 1,535,000 | $42.3M | call |
| XHBSPDR SERIES TRUST | 500,000 | $20.4M | put |
| XRTSPDR SERIES TRUST | 350,000 | $15.5M | put |
| XLFSELECT SECTOR SPDR TR | 500,000 | $13.8M | put |
| ENTERCOM COMMUNICATIONS CORPENTERCOM COMMUNICATIONS CORP | 1,250,000 | $12.1M | shares |
| XLESELECT SECTOR SPDR TR | 150,000 | $10.1M | put |
| YPFYPF SOCIEDAD ANONIMA | 400,000 | $8.65M | shares |
| XLESELECT SECTOR SPDR TR | 70,000 | $4.72M | call |
How Q2 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 0001085146-18-002013 | base | 2018-08-13 | acceptance time not in the bulk data set |