HOURGLASS CAPITAL, LLC
Q1 2014 13F-HR Holdings
Net value change ($000)
-25,250
(-4.0%)
New positions
20
Sold out positions
19
Turnover %
20.9%
Sector allocation + QoQ delta (equities-only)
Snapshot: Change Analysis
Compared to Q4 2013
Methodology:
sector metrics are equities-only;
instrument mix chart is ex-options;
options exposure is shown separately.
Why this matters.
Top Adds (Value $000, Stocks/ETFs)
| EEM | 11,210 | NEW |
| COBALT INTERNATIONAL | 10,181 | 616.3% |
| AAL | 9,522 | 34.8% |
| EWZ | 9,225 | NEW |
| EWW | 8,727 | NEW |
| WELLPOINT INC | 8,062 | NEW |
| OXY | 6,277 | 92.4% |
| RYN | 6,009 | NEW |
| VANTAGE DRILLING COMPANY | 5,837 | NEW |
| EP Energy Corp | 5,345 | NEW |
Top Reduces (Value $000, Stocks/ETFs)
| Nuance Communications, Inc. | -12,765 | -100.0% |
| RAIL | -9,005 | -48.2% |
| WELLPOINT INC | -7,565 | -100.0% |
| INTC | -7,365 | -32.4% |
| MS | -7,357 | -30.6% |
| M | -6,831 | -50.0% |
| Domtar CORP | -6,594 | -100.0% |
| C | -5,914 | -22.7% |
| Dow Chemical Company | -5,815 | -96.2% |
| ORCL | -4,729 | -38.5% |
Instrument mix + QoQ Δ (ex-options)
How this table is calculated:
SEC
VALUE ($000) is used as reported.
For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received.
Column % is bucket-based:
non-options share is calculated inside non-option total, options share is calculated inside options total.
Details.
Filter:
Instrument:
| Issuer Name | Ticker | Sector | Industry | Class | History | Value ($000) | % | Shares | Shares Δ | Shares Δ% | Value Δ ($000) | Value Δ% | Principal | Option Type |
|---|