BC

Baines Creek Capital, LLC

Sector-focusedMomentum followerHigh-turnover trader

Total reported value

$37.9M

Reporting period: 2019-03-31 · Number of holdings: 34

Baines Creek Capital, LLC disclosed 34 holdings in its latest 13F filing for the period ending 2019-03-31, with total reported value of $37.9M and a quarterly turnover rate of 70.9%.

Personality snowflake

Concentration
54.53
Portfolio Stability
70.92
Momentum/Contrarian
100
Sector conviction
100
Diversification
68
Sizing Uniformity
80.65

Recent moves

  • Trim LGCYQ

    +2.2%　-$25.1M

  • Add SLB

    0.0%　$749.0K

  • Add BRY

    +2.7%　$563.0K

  • Add DVN

    0.0%　$499.0K

  • Add 9990302D

    0.0%　$252.0K

  • Add MTDR

    0.0%　$152.0K

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

#TickerIssuerAsset SubclassWeightWeight ChangeShares Change4Q Trend
1LGCYQLegacy Reserves INCStock-Other31.89%-22.17%+2.21%
2SLBSlb LTDStock-Energy11.49%+6.25%—
3AAPLApple INCStock-Tech6.40%+0.54%-49.99%
4AMZNAmazon.com INCStock-Consumer Disc6.18%+0.50%-49.35%
5MSFTMicrosoft CORPStock-Tech6.06%-0.02%-52.76%
6BRYBerry CORPStock-Other5.67%+3.36%+2.71%
7DVNDevon Energy CORPStock-Energy4.61%+2.79%—
89990302DApache CORPStock-Other2.74%+1.59%—
9METAMeta Platforms Inc-class AStock-Comm Services2.51%-0.05%-57.59%
10XECEURCimarex Energy CoStock-Other2.05%+1.06%—
11MTDRMatador Resources CoStock-Energy2.04%+1.14%—
12INTCIntel CORPStock-Tech2.03%+0.16%-47.62%
13CSCOCisco Systems INCStock-Tech1.83%+0.15%-51.81%
14CRZOEURCarrizo Oil & Gas INCStock-Other1.81%+0.91%—
15WLLEURWhiting Petroleum CORPStock-Other1.38%+0.72%—
16NBL2EURNoble Energy INCStock-Other1.38%+0.80%—
17RRCRange Resources CORPStock-Energy1.27%+0.67%—
18PE1EURParsley Energy Inc-class AStock-Other1.15%+0.63%—
19PDCEUSDPdc Energy INCStock-Other1.07%+0.64%—
20CHKEURChesapeake Energy CORPStock-Other1.06%+0.66%—
21VALValaris LimitedStock-Energy0.83%+0.73%—
22KOSKosmos Energy LTDStock-Other0.82%+0.52%—
23✓ Stock-Other0.59%+0.39%—
24SDSandridge Energy INCStock-Other0.59%+0.28%—
25SRCIEURSrc Energy INCStock-Other0.56%+0.28%—
26LPI1EURLaredo Petroleum INCStock-Other0.51%+0.18%—
27✓ Encana CORPStock-Other0.38%+0.21%—
28ARAntero Resources CORPStock-Energy0.33%+0.14%—
29CRREURCarbo Ceramics INCStock-Other0.29%+0.13%—
30HKEURHalcon Resources CORPStock-Other0.22%+0.07%—
31DNREURDenbury Inc-pre BankruptcyStock-Other0.16%+0.09%—
32CMCSAComcast Corp-class AStock-Comm Services0.06%+0.06%NEW
33BRSEURBristow Group INCStock-Other0.03%-0.01%—
34CDEVEURCentennial Resource Develo-aStock-Other0.03%+0.01%—

Holding changes this quarter

Baines Creek Capital, LLC's most significant position changes for 2019-03-31: Sold out: Alphabet Inc-cl C (GOOG); Sold out: Gulfport Energy CORP (GPOR1EUR); New buy: Comcast Corp-class A (CMCSA); Add: Legacy Reserves INC (LGCYQ) — shares +2.21%; Add: Berry CORP (BRY) — shares +2.71%.

Position changes disclosed by Baines Creek Capital, LLC for the quarter ending 2019-03-31, including ticker, issuer, weight change, shares change, and action
#TickerIssuerWeight ChangeShares ChangeAction
1SLBSlb LTD+6.3%—Unchanged
2BRYBerry CORP+3.4%+2.71%Add
3DVNDevon Energy CORP+2.8%—Unchanged
49990302DApache CORP+1.6%—Unchanged
5MTDRMatador Resources Co+1.1%—Unchanged
6XECEURCimarex Energy Co+1.1%—Unchanged
7CRZOEURCarrizo Oil & Gas INC+0.9%—Unchanged
8NBL2EURNoble Energy INC+0.8%—Unchanged
9VALValaris Limited+0.7%—Unchanged
10WLLEURWhiting Petroleum CORP+0.7%—Unchanged
11RRCRange Resources CORP+0.7%—Unchanged
12CHKEURChesapeake Energy CORP+0.7%—Unchanged
13PDCEUSDPdc Energy INC+0.6%—Unchanged
14PE1EURParsley Energy Inc-class A+0.6%—Unchanged
15AAPLApple INC+0.5%-49.99%Trim
16KOSKosmos Energy LTD+0.5%—Unchanged
17AMZNAmazon.com INC+0.5%-49.35%Trim
18✓ +0.4%—Unchanged
19SRCIEURSrc Energy INC+0.3%—Unchanged
20SDSandridge Energy INC+0.3%—Unchanged
21✓ Encana CORP+0.2%—Unchanged
22LPI1EURLaredo Petroleum INC+0.2%—Unchanged
23INTCIntel CORP+0.2%-47.62%Trim
24CSCOCisco Systems INC+0.2%-51.81%Trim
25ARAntero Resources CORP+0.1%—Unchanged
26CRREURCarbo Ceramics INC+0.1%—Unchanged
27DNREURDenbury Inc-pre Bankruptcy+0.1%—Unchanged
28HKEURHalcon Resources CORP+0.1%—Unchanged
29CDEVEURCentennial Resource Develo-a0%—Unchanged
30BRSEURBristow Group INC0%—Unchanged
31MSFTMicrosoft CORP0%-52.76%Trim
32METAMeta Platforms Inc-class A-0.1%-57.59%Trim
33LGCYQLegacy Reserves INC-22.2%+2.21%Add
34GOOGAlphabet Inc-cl C—EXITSold out
35GPOR1EURGulfport Energy CORP—EXITSold out
36CMCSAComcast Corp-class A—NEWNew buy

FAQ

What is Baines Creek Capital, LLC and what type of investor is it?
Baines Creek Capital, LLC is a investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2019-03-31), the firm manages a tracked equity portfolio valued at approximately $37.9M, spread across 34 disclosed positions.
What are Baines Creek Capital, LLC's largest equity positions?
Based on the latest 13F filing, Baines Creek Capital, LLC's top holdings by market value are: 1. Legacy Reserves INC (LGCYQ) — $12.1M (31.9%) 2. Slb LTD (SLB) — $4.4M (11.5%) 3. Apple INC (AAPL) — $2.4M (6.4%) 4. Amazon.com INC (AMZN) — $2.3M (6.2%) 5. Microsoft CORP (MSFT) — $2.3M (6.1%)
What changes did Baines Creek Capital, LLC make in its most recent portfolio filing?
In the latest reported quarter, Baines Creek Capital, LLC made 11 notable position adjustments: 1 new positions were initiated, 2 existing holdings were added to, 6 positions were partially reduced, and 2 were completely exited. The largest of these moves: Sold out: Alphabet Inc-cl C (GOOG); Sold out: Gulfport Energy CORP (GPOR1EUR); New buy: Comcast Corp-class A (CMCSA); Add: Legacy Reserves INC (LGCYQ) — shares +2.21%; Add: Berry CORP (BRY) — shares +2.71%
What sectors does Baines Creek Capital, LLC focus on?
Baines Creek Capital, LLC is concentrated in the following sectors based on its current disclosed equity portfolio: • Information Technology: 65.1% • Consumer Discretionary: 24.7% • Communication Services: 10.3%