# Baines Creek Capital, LLC

> Institutional holdings reported to the SEC as of Q1 2019 on Form 13F. CIK 1676601. Source: https://holderbook.com/funds/1676601-baines-creek-capital-llc/

- Reported value: $37.9M
- Positions: 34
- Weight of the ten largest: 79.6%
- Filed: 2019-05-15

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 |
|---|---|---|---|---|---|
| LEGACY RESVS INC | [LGCY](https://holderbook.com/stocks/LGCY/) | $12.1M | 24,688,052 | 31.9% | 2 |
| SLB LIMITED | [SLB](https://holderbook.com/stocks/SLB/) | $4.4M | 0 | 11.5% | 2 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $2.4M | 12,774 | 6.4% | 2 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $2.3M | 1,317 | 6.2% | 2 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $2.3M | 19,475 | 6.1% | 2 |
| BERRY CORP | [BRY](https://holderbook.com/stocks/BRY/) | $2.1M | 186,309 | 5.7% | 2 |
| DEVON ENERGY CORP NEW | [DVN](https://holderbook.com/stocks/DVN/) | $1.7M | 0 | 4.6% | 2 |
| APACHE CORP | [APAXXXX](https://holderbook.com/stocks/APAXXXX/) | $1.0M | 0 | 2.7% | 2 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $951.0K | 5,704 | 2.5% | 2 |
| CIMAREX ENERGY CO | [XEC](https://holderbook.com/stocks/XEC/) | $776.0K | 0 | 2.0% | 2 |
| MATADOR RES CO | [MTDR](https://holderbook.com/stocks/MTDR/) | $773.0K | 0 | 2.0% | 2 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $770.0K | 14,343 | 2.0% | 2 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $694.0K | 12,853 | 1.8% | 2 |
| CARRIZO OIL & GAS INC | [CRZO](https://holderbook.com/stocks/CRZO/) | $686.0K | 0 | 1.8% | 2 |
| WHITING PETE CORP NEW | [WLLXXXX](https://holderbook.com/stocks/WLLXXXX/) | $523.0K | 0 | 1.4% | 2 |
| NOBLE ENERGY INC | [NBL](https://holderbook.com/stocks/NBL/) | $522.0K | 0 | 1.4% | 2 |
| RANGE RES CORP | [RRC](https://holderbook.com/stocks/RRC/) | $481.0K | 0 | 1.3% | 2 |
| PARSLEY ENERGY INC | [PE](https://holderbook.com/stocks/PE/) | $436.0K | 0 | 1.1% | 2 |
| PDC ENERGY INC | [PDCE](https://holderbook.com/stocks/PDCE/) | $407.0K | 0 | 1.1% | 2 |
| CHESAPEAKE ENERGY CORP | [CHKXXXX](https://holderbook.com/stocks/CHKXXXX/) | $403.0K | 0 | 1.1% | 2 |
| ENSCO PLC | [ESVXXXX](https://holderbook.com/stocks/ESVXXXX/) | $314.0K | 0 | 0.8% | 2 |
| KOSMOS ENERGY LTD | [KOS](https://holderbook.com/stocks/KOS/) | $312.0K | 0 | 0.8% | 2 |
| COVIA HLDGS CORP | [CVIAQ](https://holderbook.com/stocks/CVIAQ/) | $224.0K | 0 | 0.6% | 2 |
| SANDRIDGE ENERGY INC | [SD](https://holderbook.com/stocks/SD/) | $222.0K | 0 | 0.6% | 2 |
| SRC ENERGY INC | [SRCI](https://holderbook.com/stocks/SRCI/) | $214.0K | 0 | 0.6% | 2 |
| LAREDO PETROLEUM INC | [LPI](https://holderbook.com/stocks/LPI/) | $193.0K | 0 | 0.5% | 2 |
| ENCANA CORP | [ECA](https://holderbook.com/stocks/ECA/) | $145.0K | 0 | 0.4% | 2 |
| ANTERO RESOURCES CORP | [AR](https://holderbook.com/stocks/AR/) | $124.0K | 0 | 0.3% | 2 |
| CARBO CERAMICS INC | [CRRTQ](https://holderbook.com/stocks/CRRTQ/) | $110.0K | 0 | 0.3% | 2 |
| HALCON RES CORP | [HKRSQ](https://holderbook.com/stocks/HKRSQ/) | $82.0K | 0 | 0.2% | 2 |
| DENBURY RES INC | [DNRCQ](https://holderbook.com/stocks/DNRCQ/) | $62.0K | 0 | 0.2% | 2 |
| COMCAST CORP NEW | [CMCSA](https://holderbook.com/stocks/CMCSA/) | $24.0K | 602 | 0.1% | 1 |
| BRISTOW GROUP INC | [BRSWQ](https://holderbook.com/stocks/BRSWQ/) | $12.0K | 0 | 0.0% | 2 |
| CENTENNIAL RESOURCE DEV INC | [CDEV](https://holderbook.com/stocks/CDEV/) | $10.0K | 0 | 0.0% | 2 |

## 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 |
|---|---|---|---|---|
| Q1 2019 | -37.5% | +13.0% | -50.5% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q1 2019 | $37.9M | 34 |
| Q4 2018 | $68.8M | 35 |