Proxima Capital Management 13F annual report
Proxima Capital Management is an investment fund managing more than $21 million ran by Youlia Rowland. There are currently 26 companies in Mrs. Rowland’s portfolio. The largest investments include Trinseo S A and Capri Holdings Limited, together worth $5.14 million.
$21 million Assets Under Management (AUM)
As of 9th November 2020, Proxima Capital Management’s top holding is 109,000 shares of Trinseo S A currently worth over $2.8 million and making up 13.3% of the portfolio value.
In addition, the fund holds 130,000 shares of Capri Holdings Limited worth $2.34 million.
The third-largest holding is Olin worth $2.13 million and the next is Marathon Pete Corp worth $1.41 million, with 48,000 shares owned.
Currently, Proxima Capital Management's portfolio is worth at least $21 million. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Proxima Capital Management
The Proxima Capital Management office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Youlia Rowland serves as the Managing Member at Proxima Capital Management.
Recent trades
In the most recent 13F filing, Proxima Capital Management revealed that it had opened a new position in
Change Healthcare and bought 79,000 shares worth $1.15 million.
This means they effectively own approximately 0.1% of the company.
Change Healthcare makes up
83.0%
of the fund's Miscellaneous sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in Olin by buying
22,000 additional shares.
This makes their stake in Olin total 172,000 shares worth $2.13 million.
Olin dropped approximately 0.1% in the past year.
On the other hand, there are companies that Proxima Capital Management is getting rid of from its portfolio.
Proxima Capital Management closed its position in Super Micro Computer on 16th November 2020.
It sold the previously owned 45,000 shares for $958 thousand.
Youlia Rowland also disclosed a decreased stake in Capri Holdings Limited by approximately 0.1%.
This leaves the value of the investment at $2.34 million and 130,000 shares.
One of the smallest hedge funds
The two most similar investment funds to Proxima Capital Management are Fourpoints Investment Managers, S.a.s and Consilium Investment Management. They manage $21.1 million and $21 million respectively.
Youlia Rowland investment strategy
Proxima Capital Management’s portfolio is diversified across 10 sectors.
Currently, their heaviest sector is Materials — making up 22.1% of
the total portfolio value.
The fund focuses on investments in the United States as
53.8% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are small-cap stocks.
Stocks with a size of more than $100 million in market cap make up
15% of the total holdings value.
On the other hand, large-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $2.17 billion.
The complete list of Proxima Capital Management trades based on 13F SEC filings
These positions were updated on November 16th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Trinseo S A |
No change
109,000
|
$2,795,000 | 13.29% |
| Capri Holdings Limited |
3.70%
130,000
|
$2,340,000 | 11.12% |
| Olin Corp. |
14.67%
172,000
|
$2,129,000 | 10.12% |
| Marathon Pete Corp |
92.00%
48,000
|
$1,408,000 | 6.69% |
| Constellium SE |
No change
150,000
|
$1,178,000 | 5.60% |
| MagnaChip Semiconductor Corp. |
16.69%
86,000
|
$1,178,000 | 5.60% |
| Change Healthcare Inc. |
Opened
79,000
|
$1,146,000 | 5.45% |
| Donnelley Finl Solutions Inc |
Opened
85,000
|
$1,136,000 | 5.40% |
| Newell Brands Inc. |
No change
65,000
|
$1,115,000 | 5.30% |
| WestRock Co. |
Opened
30,000
|
$1,042,000 | 4.95% |
| Super Micro Computer, Inc. |
Closed
45,000
|
$958,000 | |
| The Hain Celestial Group, Inc. |
Closed
32,000
|
$831,000 | |
| Parsley Energy, Inc. |
No change
85,000
|
$796,000 | 3.78% |
| International Game Technolog |
16.00%
63,000
|
$701,000 | 3.33% |
| Nxp Semiconductors N V |
65.13%
4,150
|
$518,000 | 2.46% |
| Loral Space & Communicatns I |
No change
26,000
|
$476,000 | 2.26% |
| Resideo Technologies, Inc. |
78.07%
41,000
|
$451,000 | 2.14% |
| Perspecta, Inc. |
13.64%
20,000
|
$389,000 | 1.85% |
| Klx Energy Servics Holdngs I |
Opened
92,000
|
$382,000 | 1.82% |
| Perrigo Co. Plc |
Opened
8,000
|
$367,000 | 1.74% |
| Klx Energy Servics Holdngs I |
Closed
450,000
|
$315,000 | |
| Kraton Corp. |
Opened
17,000
|
$303,000 | 1.44% |
| Alta Equipment Group, Inc. |
4.86%
36,700
|
$287,000 | 1.36% |
| Nine Energy Service, Inc. |
0.85%
237,000
|
$268,000 | 1.27% |
| TravelCenters of America, Inc. |
85.24%
12,000
|
$234,000 | 1.11% |
| Navistar Intl Corp New |
Closed
13,000
|
$214,000 | |
| Whole Earth Brands, Inc. |
Opened
20,000
|
$167,000 | 0.79% |
| Mr. Cooper Group, Inc. |
Closed
20,000
|
$147,000 | |
| Five Point Holdings LLC |
No change
30,000
|
$125,000 | 0.59% |
| Obsidian Energy Ltd. |
Closed
747,445
|
$124,000 | |
| Braemar Hotels & Resorts, Inc. |
Closed
43,790
|
$74,000 | |
| Ashford, Inc. |
No change
11,000
|
$64,000 | 0.30% |
| Neos Therapeutics, Inc. |
15.35%
77,624
|
$41,000 | 0.19% |
| No transactions found | |||
| Showing first 500 out of 33 holdings | |||
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