Brightline Capital Management, Llc Buys Scorpio Tankers Inc, DHT Holdings Inc, PBF Energy Inc, Sells Viasat Inc, Sunrun Inc, Sinclair Broadcast Group Inc

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Feb 06, 2020
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Investment company Brightline Capital Management, Llc (Current Portfolio) buys Scorpio Tankers Inc, DHT Holdings Inc, PBF Energy Inc, Dorian LPG, Meritor Inc, sells Viasat Inc, Sunrun Inc, Sinclair Broadcast Group Inc, Commercial Metals Co, Olin Corp during the 3-months ended 2019Q4, according to the most recent filings of the investment company, Brightline Capital Management, Llc. As of 2019Q4, Brightline Capital Management, Llc owns 10 stocks with a total value of $127 million. These are the details of the buys and sells.

For the details of BRIGHTLINE CAPITAL MANAGEMENT, LLC's stock buys and sells, go to https://www.gurufocus.com/guru/brightline+capital+management%2C+llc/current-portfolio/portfolio

These are the top 5 holdings of BRIGHTLINE CAPITAL MANAGEMENT, LLC
  1. Builders FirstSource Inc (BLDR) - 610,000 shares, 12.16% of the total portfolio.
  2. Dorian LPG Ltd (LPG) - 1,000,000 shares, 12.15% of the total portfolio. Shares added by 51.52%
  3. Nexstar Media Group Inc (NXST) - 125,000 shares, 11.50% of the total portfolio.
  4. Scorpio Tankers Inc (STNG) - 370,000 shares, 11.42% of the total portfolio. New Position
  5. DHT Holdings Inc (DHT) - 1,665,000 shares, 10.82% of the total portfolio. New Position
New Purchase: Scorpio Tankers Inc (STNG)

Brightline Capital Management, Llc initiated holding in Scorpio Tankers Inc. The purchase prices were between $29.91 and $39.34, with an estimated average price of $34.36. The stock is now traded at around $23.02. The impact to a portfolio due to this purchase was 11.42%. The holding were 370,000 shares as of .

New Purchase: DHT Holdings Inc (DHT)

Brightline Capital Management, Llc initiated holding in DHT Holdings Inc. The purchase prices were between $6.41 and $8.28, with an estimated average price of $7.44. The stock is now traded at around $5.70. The impact to a portfolio due to this purchase was 10.82%. The holding were 1,665,000 shares as of .

New Purchase: PBF Energy Inc (PBF)

Brightline Capital Management, Llc initiated holding in PBF Energy Inc. The purchase prices were between $25.7 and $34.18, with an estimated average price of $30.85. The stock is now traded at around $26.78. The impact to a portfolio due to this purchase was 8.99%. The holding were 365,000 shares as of .

Added: Dorian LPG Ltd (LPG)

Brightline Capital Management, Llc added to a holding in Dorian LPG Ltd by 51.52%. The purchase prices were between $10.38 and $15.48, with an estimated average price of $13.26. The stock is now traded at around $12.44. The impact to a portfolio due to this purchase was 4.13%. The holding were 1,000,000 shares as of .

Added: Meritor Inc (MTOR)

Brightline Capital Management, Llc added to a holding in Meritor Inc by 34.55%. The purchase prices were between $16.72 and $26.19, with an estimated average price of $22.7. The stock is now traded at around $24.93. The impact to a portfolio due to this purchase was 1.95%. The holding were 370,000 shares as of .

Sold Out: Viasat Inc (VSAT)

Brightline Capital Management, Llc sold out a holding in Viasat Inc. The sale prices were between $66.41 and $74, with an estimated average price of $71.6.

Sold Out: Sunrun Inc (RUN)

Brightline Capital Management, Llc sold out a holding in Sunrun Inc. The sale prices were between $13.19 and $17.51, with an estimated average price of $14.87.

Sold Out: Sinclair Broadcast Group Inc (SBGI)

Brightline Capital Management, Llc sold out a holding in Sinclair Broadcast Group Inc. The sale prices were between $30.42 and $42.66, with an estimated average price of $37.07.

Sold Out: Commercial Metals Co (CMC)

Brightline Capital Management, Llc sold out a holding in Commercial Metals Co. The sale prices were between $17.04 and $22.6, with an estimated average price of $20.35.

Sold Out: Olin Corp (OLN)

Brightline Capital Management, Llc sold out a holding in Olin Corp. The sale prices were between $16.82 and $19.42, with an estimated average price of $17.89.

Sold Out: Constellium SE (CSTM)

Brightline Capital Management, Llc sold out a holding in Constellium SE. The sale prices were between $12.2 and $14.91, with an estimated average price of $13.83.



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