TVR Capital Management LP

High-turnover traderConcentrated strategyContrarian

Total reported value

$16.3M

Reporting period: 2019-06-30 · Number of holdings: 7

TVR Capital Management LP disclosed 7 holdings in its latest 13F filing for the period ending 2019-06-30, with total reported value of $16.3M and a quarterly turnover rate of 100.0%.

Personality snowflake

Concentration: 100
Portfolio Stability: 100
Momentum/Contrarian: 0
Sector conviction: 0
Diversification: 10
Sizing Uniformity: 88.11

Recent moves

Add 868157108
+138.7%　$3.4M
Trim OII
-89.7%　-$5.5M
Add ET
-62.9%　-$3.3M
Sold out TRGP
Sold out RIG
Sold out VAL

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

Showing top 5 holdings (of 7 total)

#	Ticker	Issuer	Asset Subclass	Weight	Weight Change	Shares Change
1	✓		Stock-Other	59.81%	+50.77%	+138.66%
2	✓	Ensco Rowan Pl-a	Stock-Other	23.45%	+23.45%	NEW
3	ET	Energy Transfer LP	Stock-Energy	10.36%	+3.25%	-62.88%
4	OII	Oceaneering Intl INC	Stock-Energy	5.23%	-3.91%	-89.67%
5	SEMGUSD	Semgroup Corp-class A	Stock-Other	1.14%	+1.14%	NEW

Reported value over time

Sector allocation

Sector allocation over time

Quarterly history

Period	Holdings	Total value	Stability	Top holdings
2019-06-30	7	$16.3M	100	18681572G3166L3ET Top holdings2019-06-30 1.868157 2.G3166L 3.ET 4.OII 5.SEMGUSD
2019-03-31	36	$69.7M	100	1OII28681573TRGP Top holdings2019-03-31 1.OII 2.868157 3.TRGP 4.RIG 5.VAL 6.FTSIEUR 7.BKR 8.ET 9.EPD 10.TCP
2018-12-31	26	$57.4M	100	1BKR 2RIG 3VAL Top holdings2018-12-31 1.BKR 2.RIG 3.VAL 4.DRQEUR 5.DVN 6.CJ1EUR 7.ET 8.KMI 9.OII 10.EPD
2018-09-30	40	$51.6M	89	1KMI2G7665A3NE Top holdings2018-09-30 1.KMI 2.G7665A 3.NE 4.TS 5.RIG 6.VAL 7.BKR 8.NSUSD 9.GLNG 10.DRQEUR
2018-06-30	40	$52.0M	100	1KMI 2TS 3XECEUR Top holdings2018-06-30 1.KMI 2.TS 3.XECEUR 4.RIG 5.HAL 6.VAL 7.G7665A 8.DVN 9.NE 10.NSUSD
2018-03-31	54	$84.3M	100	1HP 2TS 3EOG Top holdings2018-03-31 1.HP 2.TS 3.EOG 4.CDEVEUR 5.CXOEUR 6.RIG 7.RDS-A 8.DVN 9.FANG 10.LNG
2017-12-31	64	$113.3M	100	1PTEN 2TS 3HAL Top holdings2017-12-31 1.PTEN 2.TS 3.HAL 4.DVN 5.EOG 6.CDEVEUR 7.MRO* 8.APC3EUR 9.74978Q 10.XECEUR
2017-09-30	164	$274.3M	100	1IWM 2VAL 3PTEN Top holdings2017-09-30 1.IWM 2.VAL 3.PTEN 4.OIS 5.RES 6.TS 7.RIG 8.OLN 9.APC3EUR 10.OASEUR
2017-06-30	230	$368.6M	100	19990302D 2VAL 3PTEN Top holdings2017-06-30 1.9990302D 2.VAL 3.PTEN 4.CJ1EUR 5.HAL 6.SPY 7.CAT 8.PE1EUR 9.OIS 10.NOVEUR
2017-03-31	96	$107.6M	100	19990302D 2TS 3RES Top holdings2017-03-31 1.9990302D 2.TS 3.RES 4.VAL 5.NE 6.RRC 7.EOG 8.PDCEUSD 9.74978Q 10.DVN
2016-12-31	84	$94.0M	0	130555Q2RES 3CDEVEUR Top holdings2016-12-31 1.30555Q 2.RES 3.CDEVEUR 4.HAL 5.EOG 6.CVE 7.HCRSQ 8.SLCAUSD 9.HP 10.PXDEUR

Holding changes this quarter

TVR Capital Management LP's most significant position changes for 2019-06-30: Sold out: Targa Resources CORP (TRGP); Sold out: Transocean Ltd. (RIG); Sold out: Valaris Limited (VAL); Sold out: Fts International INC (FTSIEUR); Sold out: Baker Hughes Co (BKR).

Position changes disclosed by TVR Capital Management LP for the quarter ending 2019-06-30, including ticker, issuer, weight change, shares change, and action
#	Ticker	Issuer	Weight Change	Shares Change	Action
1	✓		+50.8%	+138.66%	Add
2	ET	Energy Transfer LP	+3.3%	-62.88%	Trim
3	OII	Oceaneering Intl INC	-3.9%	-89.67%	Trim
4	TRGP	Targa Resources CORP	—	EXIT	Sold out
5	RIG	Transocean Ltd.	—	EXIT	Sold out
6	VAL	Valaris Limited	—	EXIT	Sold out
7	FTSIEUR	Fts International INC	—	EXIT	Sold out
8	BKR	Baker Hughes Co	—	EXIT	Sold out
9	EPD	Enterprise Products Partners	—	EXIT	Sold out
10	TCP	Tc Pipelines LP	—	EXIT	Sold out
11	✓	Ensco Rowan Pl-a	—	NEW	New buy
12	HAL	Halliburton Co	—	EXIT	Sold out
13	WMB	Williams Cos INC	—	EXIT	Sold out
14	DOEUR	Diamond Offshore Drilling	—	EXIT	Sold out
15	KMI	Kinder Morgan INC	—	EXIT	Sold out
16	IWM	Ishares Russell 2000 ETF	—	EXIT	Sold out
17	✓	Keane Group Inc	—	EXIT	Sold out
18	PXDEUR	Pioneer Natural Resources Co	—	EXIT	Sold out
19	CJ1EUR	C&j Energy Services INC	—	EXIT	Sold out
20	SEMGUSD	Semgroup Corp-class A	—	NEW	New buy

FAQ

What is TVR Capital Management LP and what type of investor is it?

TVR Capital Management LP 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 (2019-06-30), the firm manages a tracked equity portfolio valued at approximately $16.3M, spread across 7 disclosed positions.

What are TVR Capital Management LP's largest equity positions?

Based on the latest 13F filing, TVR Capital Management LP's top holdings by market value are: 1. — $9.7M (59.8%) 2. Ensco Rowan Pl-a — $3.8M (23.4%) 3. Energy Transfer LP (ET) — $1.7M (10.4%) 4. Oceaneering Intl INC (OII) — $851.0K (5.2%) 5. Semgroup Corp-class A (SEMGUSD) — $186.0K (1.1%)

What changes did TVR Capital Management LP make in its most recent portfolio filing?

In the latest reported quarter, TVR Capital Management LP made 20 notable position adjustments: 2 new positions were initiated, 1 existing holdings were added to, 2 positions were partially reduced, and 15 were completely exited. The largest of these moves: Sold out: Targa Resources CORP (TRGP); Sold out: Transocean Ltd. (RIG); Sold out: Valaris Limited (VAL); Sold out: Fts International INC (FTSIEUR); Sold out: Baker Hughes Co (BKR)

What sectors does TVR Capital Management LP focus on?

TVR Capital Management LP is concentrated in the following sectors based on its current disclosed equity portfolio: • Energy: 100.0%