MASTERS CAPITAL MANAGEMENT LLC
Q1 2014 13F-HR Holdings
Net value change ($000)
+590,096
(24.7%)
New positions
6
Sold out positions
12
Turnover %
69.1%
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)
| VMC | 33,930 | 571.0% |
| ALCOA CORP | 15,444 | NEW |
| PBF | 14,167 | 225.2% |
| FREESCALE SEMICONDUCTOR LTD | 12,205 | NEW |
| AAL | 11,201 | 44.1% |
| DAL | 10,505 | 36.6% |
| Hewlett-Packard Company | 9,708 | NEW |
| FUSION-IO INC | 7,364 | NEW |
| Noranda Aluminum Holding CORP | 4,932 | NEW |
| ZYNGA INC | 4,300 | NEW |
Top Reduces (Value $000, Stocks/ETFs)
| SUNEDISON, INC. | -26,100 | -100.0% |
| BAC | -23,452 | -100.0% |
| BROADCOM CORP | -17,787 | -100.0% |
| FSLR | -13,114 | -100.0% |
| LPX | -9,338 | -100.0% |
| SOUTHWESTERN ENERGY CO | -7,866 | -100.0% |
| YRC WORLDWIDE INC | -6,080 | -100.0% |
| MTG | -5,908 | -100.0% |
| HERCULES OFFSHORE INC | -5,108 | -50.2% |
| HLT | -4,450 | -100.0% |
Instrument mix + QoQ Δ (ex-options)
Derivatives reported exposure ($000):
2,724,035
(91.5% of total reported value)
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 |
|---|