Otter Creek Management Inc
Follow13F filer, CIK 1226779, West Palm Beach, FL
Otter Creek Management Inc reported $425,636,000 across 47 holdings for the quarter ended 2013-12-31, in a 13F-HR filed 2014-02-14. Its ten largest share positions make up 72.66% of the portfolio.
Filed (acceptance time not in the bulk data set), ingested 13F-HR 0000950123-14-002648
- Period
- 2013-12-31
- Reported value
- $426M
- Holdings
- 47
- Top 10 weight
- 72.66%
- New
- 8
- Sold out
- 10
Largest buys vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| Ashlandnew | +55,630 | $5.4M |
| PCHnew | +66,600 | $2.78M |
| JPMadded | +40,300 | $2.36M |
| CCKnew | +22,366 | $997K |
| WYnew | +10,600 | $335K |
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 |
|---|---|---|
| CNOreduced | -397,500 | -$7.03M |
| SYKexited | -95,000 | -$6.42M |
| ORIreduced | -254,900 | -$4.4M |
| DVNreduced | -62,781 | -$3.88M |
| AGRIUM INCexited | -40,000 | -$3.36M |
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 2013
Share positions as resolved from 13F-HR 0000950123-14-002648, largest first. % of portfolio is the value over $106,224,000, the sum of the share positions whose value is usable for ratios (method).
| Security | History | Shares | Value | % of portfolio | Change | Latest event | Timeline |
|---|---|---|---|---|---|---|---|
| CNOCNO FINL GROUP INC | 1,252,500 | $22.2M | 20.86% | -397,500 | Timeline | ||
| ORIOLD REP INTL CORP | 652,100 | $11.3M | 10.6% | -254,900 | Timeline | ||
| ENSCO PLCENSCO PLC | 140,500 | $8.03M | 7.56% | -11,077 | |||
| DVNDEVON ENERGY CORP NEW | 106,600 | $6.59M | 6.21% | -62,781 | Timeline | ||
| SNYDERS LANCE INCSNYDERS LANCE INC | 191,514 | $5.49M | 5.17% | -43,886 | |||
| AshlandAshland | 55,630 | $5.4M | 5.08% | new | |||
| GLDSPDR GOLD TR | 46,200 | $5.37M | 5.05% | +200 | Timeline | ||
| HTOH2O AMERICA | 161,964 | $4.83M | 4.54% | -93,036 | Timeline | ||
| STATOIL ASASTATOIL ASA | 186,000 | $4.49M | 4.23% | -39,000 | |||
| MVC CAPITAL INCMVC CAPITAL INC | 264,763 | $3.57M | 3.36% | -95,237 | |||
| JPMJPMORGAN CHASE & CO | 60,300 | $3.53M | 3.32% | +40,300 | Timeline | ||
| OXYOCCIDENTAL PETE CORP | 35,300 | $3.36M | 3.16% | -14,700 | Timeline | ||
| ACCURIDE CORP NEWACCURIDE CORP NEW | 887,600 | $3.31M | 3.12% | -112,400 | |||
| ANADARKO PETROLEUM CORPANADARKO PETROLEUM CORP | 40,000 | $3.17M | 2.99% | -13,000 | |||
| PCHPOTLATCHDELTIC CORP | 66,600 | $2.78M | 2.62% | new | Timeline | ||
| JNJJOHNSON & JOHNSON | 30,200 | $2.77M | 2.6% | +200 | Timeline | ||
| MIDDLEBURG FINL CORP COMMIDDLEBURG FINL CORP COM | 140,700 | $2.54M | 2.39% | -20,916 | |||
| MZTIMARZETTI COMPANY | 28,600 | $2.52M | 2.37% | -6,400 | Timeline | ||
| DEDEERE & CO | 25,000 | $2.28M | 2.15% | -14,000 | Timeline | ||
| CCKCROWN HLDGS INC | 22,366 | $997K | 0.94% | new | Timeline | ||
| WEST MARINE INCWEST MARINE INC | 58,899 | $838K | 0.79% | -209,430 | |||
| Vaneck Vectors Gold Miners …Vaneck Vectors Gold Miners ETF | 25,000 | $528K | 0.5% | 0 | |||
| WYWEYERHAEUSER CO | 10,600 | $335K | 0.32% | new | Timeline | ||
| MTGMGIC INVT CORP WIS | 10,000 | $84K | 0.08% | 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 |
|---|---|---|---|---|
| AMZNAMAZON COM INC COM | put | 151,000 | $60.2M | +15,000 |
| ATHENAHEALTH INCATHENAHEALTH INC COMMON STOCK | put | 350,000 | $47.1M | -40,000 |
| FCNFTI CONSULTING INC COM | put | 948,000 | $39M | -37,000 |
| CMGCHIPOTLE MEXICAN GRILL INC STOK | put | 50,000 | $26.6M | -10,000 |
| CRMSALESFORCE INC COM | put | 450,000 | $24.8M | -130,000 |
| JARDEN CORPJARDEN CORP COM | put | 370,000 | $22.7M | +143,000 |
| CHINA LIFE INSURANCE CO-ADRCHINA LIFE INSURANCE CO-ADR SPON ADR REP H | put | 348,600 | $16.5M | +16,500 |
| IWMISHARES TR SHS | put | 120,000 | $13.8M | new |
| GLDSPDR GOLD TR GOLD SHS | call | 100,000 | $11.6M | 0 |
| FIESTA RESTAURANT GROUP INCFIESTA RESTAURANT GROUP INC COM | put | 200,900 | $10.5M | +150,900 |
| LULULULULEMON ATHLETICA INC COM | put | 140,000 | $8.27M | +10,000 |
| CURRENCYSHARES AUSTRALIAN D…CURRENCYSHARES AUSTRALIAN DLAU ETF - EQUITY | put | 70,000 | $6.26M | 0 |
| POOLPOOL CORP Stock | put | 80,000 | $4.65M | +50,000 |
| CERNER CORPCERNER CORP COM | put | 80,000 | $4.46M | new |
| YUMYUM BRANDS INC Stock | put | 50,000 | $3.78M | 0 |
| LINKEDIN CORPLINKEDIN CORP COM | put | 15,000 | $3.25M | 0 |
| ADVISORY BOARD CO/THEADVISORY BOARD CO/THE Domestic Common | put | 50,000 | $3.18M | +20,000 |
| NEW ORIENTAL EDUCATION & TE…NEW ORIENTAL EDUCATION & TECHN SPON ADR | put | 100,000 | $3.15M | new |
| VALEVALE S A SPONSORED ADS | put | 175,000 | $2.67M | -160,000 |
| LIFELOCK INC COMLIFELOCK INC COM COM | put | 160,000 | $2.62M | new |
| RIORIO TINTO PLC ADR | put | 30,000 | $1.69M | -50,000 |
| BOFI HOLDING INCBOFI HOLDING INC COMMON STOCK | put | 20,000 | $1.57M | -102,000 |
| CAKECHEESECAKE FACTORY INC COM | put | 20,000 | $965K | 0 |
Sold out in Q4 2013
Positions in the previous quarter's report that this quarter's report no longer lists.
| Security | Shares before | Value before | Type |
|---|---|---|---|
| SFSTIFEL FINL CORP | 250,000 | $10.3M | put |
| SYKSTRYKER CORPORATION | 95,000 | $6.42M | shares |
| IBMINTERNATIONAL BUSINESS MACHS | 30,000 | $5.55M | put |
| VNQVANGUARD INDEX FDS | 70,000 | $4.63M | put |
| LLFLQLUMBER LIQUIDATORS HOLDINGS | 35,000 | $3.73M | put |
| AGRIUM INCAGRIUM INC | 40,000 | $3.36M | shares |
| GLDDGREAT LAKES DREDGE & DOCK CO | 435,000 | $3.23M | shares |
| FINANCIAL ENGINES INCFINANCIAL ENGINES INC | 50,000 | $2.97M | put |
| WWWWOLVERINE WORLD WIDE INC | 25,000 | $1.46M | put |
| MATTRESS FIRM HLDG CORPMATTRESS FIRM HLDG CORP | 30,000 | $954K | put |
How Q4 2013 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 0000950123-14-002648 | base | 2014-02-14 | acceptance time not in the bulk data set |