Otter Creek Management Inc
Follow13F filer, CIK 1226779, West Palm Beach, FL
Otter Creek Management Inc reported $235,837,000 across 50 holdings for the quarter ended 2014-03-31, in a 13F-HR filed 2014-05-15. Its ten largest share positions make up 64.79% of the portfolio.
Filed (acceptance time not in the bulk data set), ingested 13F-HR 0000950123-14-006324
- Period
- 2014-03-31
- Reported value
- $236M
- Holdings
- 50
- Top 10 weight
- 64.79%
- New
- 12
- Sold out
- 9
Largest buys vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| GENERAL ELEC COnew | +51,600 | $1.34M |
| Bauer Performance Sports Ltdnew | +68,000 | $880K |
| CVGWnew | +10,600 | $377K |
| WYadded | +10,850 | $319K |
| ESCAnew | +22,200 | $297K |
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 | -644,732 | -$11.7M |
| ORIreduced | -236,276 | -$3.88M |
| ACCURIDE CORP NEWreduced | -474,300 | -$2.1M |
| ENSCO PLCreduced | -35,858 | -$1.89M |
| DVNreduced | -27,400 | -$1.83M |
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 2014
Share positions as resolved from 13F-HR 0000950123-14-006324, largest first. % of portfolio is the value over $84,668,000, 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 | 607,768 | $11M | 12.99% | -644,732 | Timeline | ||
| ORIOLD REP INTL CORP | 415,824 | $6.82M | 8.05% | -236,276 | Timeline | ||
| ENSCO PLCENSCO PLC | 104,642 | $5.52M | 6.52% | -35,858 | |||
| DVNDEVON ENERGY CORP NEW | 79,200 | $5.3M | 6.26% | -27,400 | Timeline | ||
| SNYDERS LANCE INCSNYDERS LANCE INC | 186,107 | $5.25M | 6.2% | -5,407 | |||
| GLDSPDR GOLD TR | 41,300 | $5.11M | 6.03% | -4,900 | Timeline | ||
| HTOH2O AMERICA | 149,000 | $4.4M | 5.2% | -12,964 | Timeline | ||
| AshlandAshland | 40,750 | $4.05M | 4.79% | -14,880 | |||
| STATOIL ASASTATOIL ASA | 131,600 | $3.71M | 4.39% | -54,400 | |||
| JPMJPMORGAN CHASE & CO | 60,800 | $3.69M | 4.36% | +500 | Timeline | ||
| OXYOCCIDENTAL PETE CORP | 35,700 | $3.4M | 4.02% | +400 | Timeline | ||
| ANADARKO PETROLEUM CORPANADARKO PETROLEUM CORP | 40,000 | $3.39M | 4% | 0 | |||
| MVC CAPITAL INCMVC CAPITAL INC | 249,741 | $3.38M | 4% | -15,022 | |||
| JNJJOHNSON & JOHNSON | 30,500 | $3M | 3.54% | +300 | Timeline | ||
| MZTIMARZETTI COMPANY | 28,600 | $2.84M | 3.36% | 0 | Timeline | ||
| PCHPOTLATCHDELTIC CORP | 68,600 | $2.65M | 3.13% | +2,000 | Timeline | ||
| DEDEERE & CO | 25,000 | $2.27M | 2.68% | 0 | Timeline | ||
| ACCURIDE CORP NEWACCURIDE CORP NEW | 413,300 | $1.83M | 2.16% | -474,300 | |||
| MIDDLEBURG FINL CORP COMMIDDLEBURG FINL CORP COM | 96,700 | $1.7M | 2.01% | -44,000 | |||
| GENERAL ELEC COGENERAL ELEC CO | 51,600 | $1.34M | 1.58% | new | |||
| CCKCROWN HLDGS INC | 23,266 | $1.04M | 1.23% | +900 | Timeline | ||
| Bauer Performance Sports LtdBauer Performance Sports Ltd | 68,000 | $880K | 1.04% | new | |||
| WEST MARINE INCWEST MARINE INC | 60,699 | $690K | 0.81% | +1,800 | |||
| WYWEYERHAEUSER CO | 21,450 | $630K | 0.74% | +10,850 | Timeline | ||
| CVGWCALAVO GROWERS INC | 10,600 | $377K | 0.45% | new | Timeline | ||
| ESCAESCALADE INC | 22,200 | $297K | 0.35% | new | Timeline | ||
| MTGMGIC INVT CORP WIS | 10,000 | $85K | 0.1% | 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 |
|---|---|---|---|---|
| FCNFTI CONSULTING INC COM | put | 896,000 | $29.9M | -52,000 |
| JARDEN CORPJARDEN CORP COM | put | 400,000 | $23.9M | +30,000 |
| AMZNAMAZON COM INC COM | put | 47,100 | $15.8M | -103,900 |
| CRMSALESFORCE INC COM | put | 207,000 | $11.8M | -243,000 |
| CHINA LIFE INSURANCE CO-ADRCHINA LIFE INSURANCE CO-ADR SPON ADR REP H | put | 238,600 | $10.1M | -110,000 |
| ATHENAHEALTH INCATHENAHEALTH INC COMMON STOCK | put | 52,500 | $8.41M | -297,500 |
| FIESTA RESTAURANT GROUP INCFIESTA RESTAURANT GROUP INC COM | put | 180,900 | $8.25M | -20,000 |
| NEW ORIENTAL EDUCATION & TE…NEW ORIENTAL EDUCATION & TECHN SPON ADR | put | 213,000 | $6.25M | +113,000 |
| IWMISHARES TR SHS | put | 52,000 | $6.05M | -68,000 |
| CMGCHIPOTLE MEXICAN GRILL INC STOK | put | 10,000 | $5.68M | -40,000 |
| WADDELL & REED FINL INCWADDELL & REED FINL INC CL A | put | 53,000 | $3.9M | new |
| YUMYUM BRANDS INC Stock | put | 50,000 | $3.77M | 0 |
| LIFELOCK INC COMLIFELOCK INC COM COM | put | 182,000 | $3.11M | +22,000 |
| POOLPOOL CORP Stock | put | 50,000 | $3.07M | -30,000 |
| GLDSPDR GOLD TR GOLD SHS | call | 22,500 | $2.78M | -77,500 |
| SFSTIFEL FINL CORP COM | put | 50,000 | $2.49M | new |
| ZILLOW INCZILLOW INC COMMON STOCK | put | 20,000 | $1.76M | new |
| ALGNALIGN TECHNOLOGY INC Stock | put | 20,000 | $1.04M | new |
| BOFI HOLDING INCBOFI HOLDING INC COMMON STOCK | put | 10,000 | $858K | -10,000 |
| NOODLES & CONOODLES & CO COM CL A | put | 20,100 | $793K | new |
| CONTAINER STORE GROUP INCCONTAINER STORE GROUP INC COMMON STOCK | put | 21,300 | $723K | new |
| FIREEYE INCFIREEYE INC COM | put | 10,000 | $616K | new |
| ACCURIDE CORP NEWACCURIDE CORP NEW COM NEW | call | 10,000 | $44K | new |
Sold out in Q1 2014
Positions in the previous quarter's report that this quarter's report no longer lists.
| Security | Shares before | Value before | Type |
|---|---|---|---|
| LULULULULEMON ATHLETICA INC | 140,000 | $8.27M | put |
| CURRENCYSHARES AUSTRALIAN D…CURRENCYSHARES AUSTRALIAN DLAU | 70,000 | $6.26M | put |
| CERNER CORPCERNER CORP | 80,000 | $4.46M | put |
| LINKEDIN CORPLINKEDIN CORP | 15,000 | $3.25M | put |
| ADVISORY BOARD CO/THEADVISORY BOARD CO/THE | 50,000 | $3.18M | put |
| VALEVALE S A | 175,000 | $2.67M | put |
| RIORIO TINTO PLC | 30,000 | $1.69M | put |
| CAKECHEESECAKE FACTORY INC | 20,000 | $965K | put |
| Vaneck Vectors Gold Miners …Vaneck Vectors Gold Miners ETF | 25,000 | $528K | shares |
How Q1 2014 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 0000950123-14-006324 | base | 2014-05-15 | acceptance time not in the bulk data set |