# Proxima Capital Management, LLC

> Institutional holdings reported to the SEC as of Q3 2020 on Form 13F. CIK 1481447. Source: https://holderbook.com/funds/1481447-proxima-capital-management-llc/

- Reported value: $21.0M
- Positions: 26
- Weight of the ten largest: 73.5%
- Filed: 2020-11-16

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| TRINSEO S A | [TSEXXXX](https://holderbook.com/stocks/TSEXXXX/) | $2.8M | 109,000 | 13.3% | 5 |
| CAPRI HOLDINGS LIMITED | [CPRI](https://holderbook.com/stocks/CPRI/) | $2.3M | 130,000 | 11.1% | 3 |
| OLIN CORP | [OLN](https://holderbook.com/stocks/OLN/) | $2.1M | 172,000 | 10.1% | 8 |
| MARATHON PETE CORP | [MPC](https://holderbook.com/stocks/MPC/) | $1.4M | 48,000 | 6.7% | 3 |
| MAGNACHIP SEMICONDUCTOR CORP | [MX](https://holderbook.com/stocks/MX/) | $1.2M | 86,000 | 5.6% | 8 |
| CONSTELLIUM SE | [CSTM](https://holderbook.com/stocks/CSTM/) | $1.2M | 150,000 | 5.6% | 4 |
| CHANGE HEALTHCARE INC | [CHNG](https://holderbook.com/stocks/CHNG/) | $1.1M | 79,000 | 5.4% | 2 |
| DONNELLEY FINL SOLUTIONS INC | [DFIN](https://holderbook.com/stocks/DFIN/) | $1.1M | 85,000 | 5.4% | 2 |
| NEWELL BRANDS INC | [NWL](https://holderbook.com/stocks/NWL/) | $1.1M | 65,000 | 5.3% | 8 |
| WESTROCK CO | [WRK](https://holderbook.com/stocks/WRK/) | $1.0M | 30,000 | 5.0% | 2 |
| PARSLEY ENERGY INC | [PE](https://holderbook.com/stocks/PE/) | $796.0K | 85,000 | 3.8% | 8 |
| BRIGHTSTAR LOTTERY PLC | [BRSL](https://holderbook.com/stocks/BRSL/) | $701.0K | 63,000 | 3.3% | 8 |
| NXP SEMICONDUCTORS N V | [NXPI](https://holderbook.com/stocks/NXPI/) | $518.0K | 4,150 | 2.5% | 8 |
| LORAL SPACE & COMMUNICATNS I | [LORL](https://holderbook.com/stocks/LORL/) | $476.0K | 26,000 | 2.3% | 8 |
| RESIDEO TECHNOLOGIES INC | [REZI](https://holderbook.com/stocks/REZI/) | $451.0K | 41,000 | 2.1% | 8 |
| PERSPECTA INC | [PRSP](https://holderbook.com/stocks/PRSP/) | $389.0K | 20,000 | 1.8% | 8 |
| KLX ENERGY SERVICES HOLDINGS | [KLXE](https://holderbook.com/stocks/KLXE/) | $382.0K | 92,000 | 1.8% | 1 |
| PERRIGO CO PLC | [PRGO](https://holderbook.com/stocks/PRGO/) | $367.0K | 8,000 | 1.7% | 1 |
| KRATON CORPORATION | [KRA](https://holderbook.com/stocks/KRA/) | $303.0K | 17,000 | 1.4% | 1 |
| ALTA EQUIPMENT GROUP INC | [ALTG](https://holderbook.com/stocks/ALTG/) | $287.0K | 36,700 | 1.4% | 3 |
| NINE ENERGY SERVICE INC | [NINEQ](https://holderbook.com/stocks/NINEQ/) | $268.0K | 237,000 | 1.3% | 8 |
| TRAVELCENTERS OF AMERICA INC | [TA](https://holderbook.com/stocks/TA/) | $234.0K | 12,000 | 1.1% | 5 |
| WHOLE EARTH BRANDS INC | [FREE](https://holderbook.com/stocks/FREE/) | $167.0K | 20,000 | 0.8% | 1 |
| FIVE POINT HOLDINGS LLC | [FPH](https://holderbook.com/stocks/FPH/) | $125.0K | 30,000 | 0.6% | 8 |
| ASHFORD INC | [AINC](https://holderbook.com/stocks/AINC/) | $64.0K | 11,000 | 0.3% | 4 |
| NEOS THERAPEUTICS INC | [NEOS](https://holderbook.com/stocks/NEOS/) | $41.0K | 77,624 | 0.2% | 8 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q3 2020 | +9.8% | +8.6% | +1.2% | 95% |
| Q2 2020 | +43.4% | +19.6% | +23.7% | 100% |
| Q1 2020 | -49.8% | -19.9% | -29.9% | 100% |
| Q4 2019 | +1.1% | +8.5% | -7.3% | 98% |
| Q3 2019 | -10.5% | +1.3% | -11.8% | 93% |
| Q2 2019 | +3.1% | +3.7% | -0.6% | 95% |
| Q1 2019 | +14.5% | +13.0% | +1.5% | 97% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q3 2020 | $21.0M | 26 |
| Q2 2020 | $20.0M | 25 |
| Q1 2020 | $15.9M | 26 |
| Q4 2019 | $33.6M | 27 |
| Q3 2019 | $65.0M | 29 |
| Q2 2019 | $74.7M | 29 |
| Q1 2019 | $90.8M | 33 |
| Q4 2018 | $105.6M | 35 |