LM
| |
LUMINUS MANAGEMENT LLC13F | |
LUMINUS MANAGEMENT LLC | |
Last update 2024-08-15 | 23 Stocks (6 new) |
Value $154.00 Mil | Turnover 35 % |
Portfolio Report |
LUMINUS MANAGEMENT LLC Profile
Luminus Management LLC is a hedge fund sponsor based out of New York City, New York. The company was originally established in 2002 by founder Paul Segal, who, although not actively involved with the company anymore, has placed Radion N. Segal as the trustee of the company. Luminus Management has grown from its inception to now have an additional office in Houston, Texas and has expanded to 25 employees of which 17 are investment professionals. The company utilizes a long short strategy to “capitalize on investment opportunities across the capital structure of companies primarily in power, utility and related subsectors by taking positions in securities including, but not limited to, equities, bonds, convertibles, preferred securities, and bank debt.” The firm seeks to locate inefficiencies primarily in the power sector to analyze the complex industry situations, utilizing a fundamental investment methodology with a macro sector overlay while managing risks. Luminus Management invests most heavily in the utilities and telecommunications sector, which alone makes up half of its total asset allocations, and also invests in the energy, materials, transports, industrials, and finance sectors, among other sectors to a lesser degree, in order of decreasing allocations. The company keeps its holdings an average of 2.45 quarters and, in the most recent quarter, had a turnover rate of approximately 65.3%. Luminus Management manages over $5.4 billion in total assets under management spread across 8 total accounts, all of which are discretionary accounts. Although the company’s total number of accounts has been somewhat volatile in recent years, its total assets under management has been increasing, growing significantly from $1.1 billion back in 2011 to approaching five times that amount today. Luminus Management currently caters solely to pooled investment vehicles and takes advisory fees in the form of a percentage of assets and various performance based fees.
LUMINUS MANAGEMENT LLC Top Holdings of 2024-06-30
View Full List
Ticker | | Company | Shares | Value ($1000) | Shares Change % | Weighting % | Trade Impact % | % of Shares outstanding | 3M Change % | YTD Change % | Market Cap $Mil | Industry |
---|---|---|---|---|---|---|---|---|---|---|---|---|
OI | O-I Glass Inc | 3,387,998 | 37708.420 | +189.38% | 24.550 | +16.07% | 2.180 | +7.62% | -25.03% | 1907.874 | Packaging & Containers | |
CC | The Chemours Co | 1,389,154 | 31353.210 | +100.94% | 20.410 | +10.25% | 0.930 | -23.15% | -40.09% | 2734.624 | Chemicals | |
BATL | Battalion Oil Corp | 6,151,448 | 20545.840 | 0% | 13.370 | 0% | 37.370 | +85.42% | -30.54% | 109.848 | Oil & Gas | |
TROX | Tronox Holdings PLC | 959,272 | 15050.980 | -55.41% | 9.800 | -12.04% | 0.610 | -14.91% | -2.94% | 2119.280 | Chemicals | |
BERY | Berry Global Group Inc | 188,835 | 11112.940 | +84.86% | 7.230 | +3.32% | 0.160 | +7.23% | +2.46% | 7807.698 | Packaging & Containers | |
SEE | Sealed Air Corp | 211,656 | 7363.510 | -6.25% | 4.790 | -0.31% | 0.150 | +1.73% | +1.15% | 5290.829 | Packaging & Containers | |
ASH | Ashland Inc | 74,600 | 7048.950 | -9.07% | 4.590 | -0.42% | 0.150 | -11.96% | +2.53% | 4167.800 | Chemicals | |
OLN | Olin Corp | 125,707 | 5927.090 | -87.80% | 3.860 | -9.61% | 0.110 | -5.68% | -15.39% | 5299.250 | Chemicals | |
APD | Air Products & Chemicals Inc | 15,526 | 4006.480 | -8.27% | 2.610 | -0.20% | 0.010 | +28.35% | +21.72% | 72612.363 | Chemicals | |
SHW | Sherwin-Williams Co | 11,625 | 3469.250 | New Holding | 2.260 | +2.26% | 0.000 | +5.50% | +17.05% | 91352.226 | Chemicals |
LUMINUS MANAGEMENT LLC's Historical Top Holdings Breakdowns
LUMINUS MANAGEMENT LLC's Top Stock Picks
View Full List
Ticker | | Company | Date | Action | Impact % | Price Range | Price | Price Change from Avrg% | Comment | Current Shares | Share Change |
---|---|---|---|---|---|---|---|---|---|---|---|
OI | O-I Glass Inc | 2024-06-30 | Add | +16.07% | 10.98 ($13.51) 17.25 | $12.28 | -9.10% | Add 189.38% | 3,387,998 | 2,217,219 | |
TROX | Tronox Holdings PLC | 2024-06-30 | Reduce | -12.04% | 15.58 ($18.18) 20.29 | $13.42 | -26.18% | Reduce -55.41% | 959,272 | -1,192,086 | |
CC | The Chemours Co | 2024-06-30 | Add | +10.25% | 22.57 ($26.19) 29.13 | $18.32 | -30.05% | Add 100.94% | 1,389,154 | 697,841 | |
OLN | Olin Corp | 2024-06-30 | Reduce | -9.61% | 47.15 ($53.5) 59.67 | $45.10 | -15.70% | Reduce -87.8% | 125,707 | -904,447 | |
AVNT | Avient Corp | 2024-06-30 | Sold Out | -3.33% | 41.28 ($43.78) 46.32 | $47.87 | 9.34% | Sold Out | 0 | -131,750 | |
BERY | Berry Global Group Inc | 2024-06-30 | Add | +3.32% | 55.94 ($59.13) 61.62 | $68.13 | 15.22% | Add 84.86% | 188,835 | 86,683 | |
SHW | Sherwin-Williams Co | 2024-06-30 | New Buy | +2.26% | 291.95 ($309.38) 338.16 | $362.72 | 17.24% | New holding | 11,625 | 11,625 | |
NRG | NRG Energy Inc | 2024-06-30 | Sold Out | -1.62% | 68.6 ($77.47) 86 | $87.73 | 13.24% | Sold Out | 0 | -41,213 | |
ATEX | Anterix Inc | 2024-06-30 | New Buy | +0.76% | 29.5 ($32.36) 39.59 | $33.54 | 3.65% | New holding | 29,319 | 29,319 | |
VXX | Barclays Bank PLC ZC SP ETN REDEEM 23/01/2048 USD 27.193879 - Ser A ShortTerm Futu | 2024-06-30 | Add | +0.73% | 43.24 ($49.82) 62.44 | $53.72 | 7.83% | Add 80.39% | 57,500 | 102,500 |
LUMINUS MANAGEMENT LLC Total Holding History ($B)
LUMINUS MANAGEMENT LLC's Asset Allocation
LUMINUS MANAGEMENT LLC Past Portfolios
Portfolio Date | Number of Stocks | New Stocks | Total Value ($Mil) | Q/Q Turnover |
---|---|---|---|---|
Top Ranked Articles
- 1
LUMINUS MANAGEMENT LLC's Hypothetical Growth since 2024-06-30
LUMINUS MANAGEMENT LLC's Yearly Returns
Year | Portfolio % | % | Excess Gain % |
---|
LUMINUS MANAGEMENT LLC's Holdings Heat Map
Size field:
LUMINUS MANAGEMENT LLC's Holdings Bubble Chart
LUMINUS MANAGEMENT LLC News
- 1