Numina Capital Management, LLC

High-turnover traderSector-focusedMomentum follower

Total reported value

$603.1M

Reporting period: 2018-03-31 · Number of holdings: 19

Numina Capital Management, LLC disclosed 19 holdings in its latest 13F filing for the period ending 2018-03-31, with total reported value of $603.1M and a quarterly turnover rate of 92.2%.

Personality snowflake

Concentration: 58.79
Portfolio Stability: 92.24
Momentum/Contrarian: 100
Sector conviction: 100
Diversification: 38
Sizing Uniformity: 86.24

Recent moves

Trim SPB
-69.3%　-$81.1M
Add AABAUSD
+7.5%　$18.0M
Add IACIEUR
+24.8%　$21.3M
Trim LBRDA
-98.6%　-$23.5M
Add DELL
+52.2%　$18.1M
Trim TWXCHF
-70.5%　-$9.6M

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

#	Ticker	Issuer	Asset Subclass	Weight	Weight Change	Shares Change
1	AABAUSD	Altaba INC	Stock-Other	24.41%	+4.21%	+7.51%
2	GLIBAEUR	Gci Liberty INC - Class A	Stock-Other	22.52%	+22.52%	NEW
3	DELL	Dell Technologies Inc.	Stock-Tech	11.09%	+3.46%	+52.22%
4	IACIEUR	Iac/interactivecorp	Stock-Other	9.46%	+3.87%	+24.78%
5	LM03	Liberty Media Cor-siriusxm A	Stock-Other	9.46%	+1.20%	+4.19%
6	SPB	Spectrum Brands Holdings, Inc.	Stock-Other	5.72%	-12.36%	-69.32%
7	✓	Ilg Inc	Stock-Other	2.61%	+1.44%	+93.12%
8	✓	Wmi Holdings CORP	Stock-Other	2.49%	+1.13%	+3.46%
9	LSXMKUSD	Liberty Media Cor-siriusxm C	Stock-Other	2.23%	+2.23%	NEW
10	LTRPAUSD	Liberty Tripadvisor Hdg-a	Stock-Other	2.18%	+1.30%	+104.12%
11	✓		Stock-Other	1.98%	+1.98%	NEW
12	DISCKUSD	Discovery Inc-c	Stock-Other	1.67%	+1.67%	NEW
13	✓		Stock-Other	1.00%	+1.00%	NEW
14	CHTR	Charter Communications Inc-a	Stock-Comm Services	0.84%	+0.84%	NEW
15	TWXCHF	Time Warner INC	Stock-Other	0.70%	-1.46%	-70.47%
16	DISH	Dish Network Corp-a	Stock-Other	0.67%	-0.54%	-34.01%
17	ECHO	Echostar Corp-a	Stock-Comm Services	0.56%	-0.34%	-33.61%
18	AHL-PF	Aspen Insurance Holdings Limited	Stock-Other	0.37%	+0.37%	NEW
19	LBRDA	Liberty Broadband-a	Stock-Other	0.05%	-3.67%	-98.64%

Reported value over time

Sector allocation

Sector allocation over time

Quarterly history

Period	Holdings	Total value	Stability	Top holdings
2018-03-31	19	$603.1M	92	1AABAUSD 2GLIBAEUR 3DELL Top holdings2018-03-31 1.AABAUSD 2.GLIBAEUR 3.DELL 4.IACIEUR 5.LM03 6.SPB 7.44967H 8.92936P 9.LSXMKUSD 10.LTRPAUSD
2017-12-31	19	$639.4M	33	1USA 2AABAUSD 3SPB Top holdings2017-12-31 1.USA 2.AABAUSD 3.SPB 4.LM03 5.DELL 6.IACIEUR 7.IWM 8.LBRDA 9.TWXCHF 10.92936P
2017-09-30	27	$743.5M	84	1USA 2AABAUSD 3SPB Top holdings2017-09-30 1.USA 2.AABAUSD 3.SPB 4.IWM 5.LM03 6.DELL 7.IACIEUR 8.SPY 9.LBRDA 10.DISH
2017-06-30	27	$609.5M	100	1SPB 2XOPUSD 3AABAUSD Top holdings2017-06-30 1.SPB 2.XOPUSD 3.AABAUSD 4.DELL 5.USA 6.TMUS 7.LM03 8.HP5A 9.LEXEA 10.ECHO
2017-03-31	33	$520.8M	93	1SPB 2DISH 3TMUS Top holdings2017-03-31 1.SPB 2.DISH 3.TMUS 4.MPC 5.XOPUSD 6.984332 7.LM03 8.USA 9.LBRDK 10.HP5A
2016-12-31	35	$809.8M	88	1SPY 2IWM 3SPB Top holdings2016-12-31 1.SPY 2.IWM 3.SPB 4.984332 5.MPC 6.TMUS 7.DISH 8.HP5A 9.PBF 10.LM03
2016-09-30	32	$645.8M	72	1IWM 2LBRDK 3PSX Top holdings2016-09-30 1.IWM 2.LBRDK 3.PSX 4.HP5A 5.LM03 6.DISH 7.SPB 8.984332 9.LTRPAUSD 10.COTY
2016-06-30	27	$527.8M	75	1IWM 2XOPUSD 3LBRDK Top holdings2016-06-30 1.IWM 2.XOPUSD 3.LBRDK 4.AXP 5.LM03 6.DISH 7.984332 8.LTRPAUSD 9.HP5A 10.SPB
2016-03-31	31	$490.9M	100	1IWM29843323LTRPAUSD Top holdings2016-03-31 1.IWM 2.984332 3.LTRPAUSD 4.HP5A 5.DISH 6.USA 7.LBRDK 8.268648 9.SPB 10.OKE
2015-12-31	22	$255.9M	96	1IWM 2LTRPAUSD3984332 Top holdings2015-12-31 1.IWM 2.LTRPAUSD 3.984332 4.HP5A 5.AIG 6.MET 7.DISH 8.268648 9.USA 10.TMUS
2015-09-30	38	$319.1M	77	1IWM 2SPY373935A Top holdings2015-09-30 1.IWM 2.SPY 3.73935A 4.USA 5.LTRPAUSD 6.EBSB 7.MCD 8.TAP 9.PNW 10.DISH
2015-06-30	39	$354.1M	100	1IWM 2LTRPAUSD 3CAG Top holdings2015-06-30 1.IWM 2.LTRPAUSD 3.CAG 4.USA 5.DISH 6.ABT 7.SPY 8.MCD 9.KO 10.PNW
2015-03-31	39	$364.4M	91	1IWM29843323SPB Top holdings2015-03-31 1.IWM 2.984332 3.SPB 4.DISH 5.KO 6.BSX 7.TAP 8.TROX 9.TEVA 10.USA
2014-12-31	38	$300.7M	0	1IWM29843323583334 Top holdings2014-12-31 1.IWM 2.984332 3.583334 4.73935A 5.MCD 6.31620R 7.DISH 8.IACIEUR 9.05463D 10.EEM

Holding changes this quarter

Numina Capital Management, LLC's most significant position changes for 2018-03-31: Sold out: Liberty All-Star Equity Fund (USA); New buy: Gci Liberty INC - Class A (GLIBAEUR); Sold out: Ishares Russell 2000 ETF (IWM); New buy: Liberty Media Cor-siriusxm C (LSXMKUSD); New buy: .

Position changes disclosed by Numina Capital Management, LLC for the quarter ending 2018-03-31, including ticker, issuer, weight change, shares change, and action
#	Ticker	Issuer	Weight Change	Shares Change	Action
1	AABAUSD	Altaba INC	+4.2%	+7.51%	Add
2	IACIEUR	Iac/interactivecorp	+3.9%	+24.78%	Add
3	DELL	Dell Technologies Inc.	+3.5%	+52.22%	Add
4	✓	Ilg Inc	+1.4%	+93.12%	Add
5	LTRPAUSD	Liberty Tripadvisor Hdg-a	+1.3%	+104.12%	Add
6	LM03	Liberty Media Cor-siriusxm A	+1.2%	+4.19%	Add
7	✓	Wmi Holdings CORP	+1.1%	+3.46%	Add
8	ECHO	Echostar Corp-a	-0.3%	-33.61%	Trim
9	DISH	Dish Network Corp-a	-0.5%	-34.01%	Trim
10	TWXCHF	Time Warner INC	-1.5%	-70.47%	Trim
11	LBRDA	Liberty Broadband-a	-3.7%	-98.64%	Trim
12	SPB	Spectrum Brands Holdings, Inc.	-12.4%	-69.32%	Trim
13	USA	Liberty All-Star Equity Fund	—	EXIT	Sold out
14	GLIBAEUR	Gci Liberty INC - Class A	—	NEW	New buy
15	IWM	Ishares Russell 2000 ETF	—	EXIT	Sold out
16	LSXMKUSD	Liberty Media Cor-siriusxm C	—	NEW	New buy
17	✓		—	NEW	New buy
18	DISCKUSD	Discovery Inc-c	—	NEW	New buy
19	TMUS	T-mobile US INC	—	EXIT	Sold out
20	✓		—	NEW	New buy
21	CHTR	Charter Communications Inc-a	—	NEW	New buy
22	EQT	Eqt CORP	—	EXIT	Sold out
23	GSATUSD	Globalstar INC	—	EXIT	Sold out
24	HP5A	Equity Commonwealth	—	EXIT	Sold out
25	ZAYOEUR	Zayo Group Holdings INC	—	EXIT	Sold out
26	AHL-PF	Aspen Insurance Holdings Limited	—	NEW	New buy

FAQ

What is Numina Capital Management, LLC and what type of investor is it?

Numina Capital Management, 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 (2018-03-31), the firm manages a tracked equity portfolio valued at approximately $603.1M, spread across 19 disclosed positions.

What are Numina Capital Management, LLC's largest equity positions?

Based on the latest 13F filing, Numina Capital Management, LLC's top holdings by market value are: 1. Altaba INC (AABAUSD) — $147.2M (24.4%) 2. Gci Liberty INC - Class A (GLIBAEUR) — $135.8M (22.5%) 3. Dell Technologies Inc. (DELL) — $66.9M (11.1%) 4. Iac/interactivecorp (IACIEUR) — $57.0M (9.5%) 5. Liberty Media Cor-siriusxm A (LM03) — $57.0M (9.5%)

What changes did Numina Capital Management, LLC make in its most recent portfolio filing?

In the latest reported quarter, Numina Capital Management, LLC made 26 notable position adjustments: 7 new positions were initiated, 7 existing holdings were added to, 5 positions were partially reduced, and 7 were completely exited. The largest of these moves: Sold out: Liberty All-Star Equity Fund (USA); New buy: Gci Liberty INC - Class A (GLIBAEUR); Sold out: Ishares Russell 2000 ETF (IWM); New buy: Liberty Media Cor-siriusxm C (LSXMKUSD); New buy:

What sectors does Numina Capital Management, LLC focus on?

Numina Capital Management, LLC is concentrated in the following sectors based on its current disclosed equity portfolio: • Information Technology: 93.0% • Communication Services: 7.0%