Monaco Asset Management SAM Buys Ovintiv Inc, Continental Resources Inc, W R Grace, Sells Centennial Resource Development Inc, Alkermes PLC, Ovintiv Inc

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May 12, 2020
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Investment company Monaco Asset Management SAM (Current Portfolio) buys Ovintiv Inc, Continental Resources Inc, W R Grace, AECOM, Tallgrass Energy LP, sells Centennial Resource Development Inc, Alkermes PLC, Ovintiv Inc, Euronav NV, Canadian Imperial Bank of Commerce during the 3-months ended 2020Q1, according to the most recent filings of the investment company, Monaco Asset Management SAM. As of 2020Q1, Monaco Asset Management SAM owns 48 stocks with a total value of $80 million. These are the details of the buys and sells.

For the details of Monaco Asset Management SAM's stock buys and sells, go to https://www.gurufocus.com/guru/monaco+asset+management+sam/current-portfolio/portfolio

These are the top 5 holdings of Monaco Asset Management SAM
  1. Ovintiv Inc (OVV) - 2,850,000 shares, 9.57% of the total portfolio. New Position
  2. Mylan NV (MYL) - 500,000 shares, 9.27% of the total portfolio. Shares reduced by 16.67%
  3. Continental Resources Inc (CLR) - 812,737 shares, 7.72% of the total portfolio. New Position
  4. MSCI Inc (MSCI) - 18,000 shares, 6.47% of the total portfolio.
  5. Range Resources Corp (RRC) - 2,100,000 shares, 5.95% of the total portfolio. Shares added by 23.53%
New Purchase: Ovintiv Inc (OVV)

Monaco Asset Management SAM initiated holding in Ovintiv Inc. The purchase prices were between $2.22 and $24.5, with an estimated average price of $13.45. The stock is now traded at around $6.65. The impact to a portfolio due to this purchase was 9.57%. The holding were 2,850,000 shares as of .

New Purchase: Continental Resources Inc (CLR)

Monaco Asset Management SAM initiated holding in Continental Resources Inc. The purchase prices were between $7.05 and $36.02, with an estimated average price of $22.71. The stock is now traded at around $14.98. The impact to a portfolio due to this purchase was 7.72%. The holding were 812,737 shares as of .

New Purchase: W R Grace & Co (GRA)

Monaco Asset Management SAM initiated holding in W R Grace & Co. The purchase prices were between $28 and $71.71, with an estimated average price of $57.6. The stock is now traded at around $50.47. The impact to a portfolio due to this purchase was 4.65%. The holding were 105,000 shares as of .

New Purchase: AECOM (ACM)

Monaco Asset Management SAM initiated holding in AECOM. The purchase prices were between $23.82 and $51.92, with an estimated average price of $42.98. The stock is now traded at around $34.58. The impact to a portfolio due to this purchase was 3.51%. The holding were 94,462 shares as of .

New Purchase: Tallgrass Energy LP (TGE)

Monaco Asset Management SAM initiated holding in Tallgrass Energy LP. The purchase prices were between $12.76 and $22.33, with an estimated average price of $20.53. The stock is now traded at around $22.39. The impact to a portfolio due to this purchase was 3.47%. The holding were 169,439 shares as of .

New Purchase: Frontline Ltd (FRO)

Monaco Asset Management SAM initiated holding in Frontline Ltd. The purchase prices were between $6.38 and $13.18, with an estimated average price of $9.4. The stock is now traded at around $7.64. The impact to a portfolio due to this purchase was 3.11%. The holding were 260,000 shares as of .

Added: Alcoa Corp (AA)

Monaco Asset Management SAM added to a holding in Alcoa Corp by 288.89%. The purchase prices were between $5.48 and $21.51, with an estimated average price of $13.93. The stock is now traded at around $7.62. The impact to a portfolio due to this purchase was 1.99%. The holding were 350,000 shares as of .

Added: Range Resources Corp (RRC)

Monaco Asset Management SAM added to a holding in Range Resources Corp by 23.53%. The purchase prices were between $1.94 and $4.85, with an estimated average price of $3.22. The stock is now traded at around $6.75. The impact to a portfolio due to this purchase was 1.13%. The holding were 2,100,000 shares as of .

Added: Diamond S Shipping Inc (DSSI)

Monaco Asset Management SAM added to a holding in Diamond S Shipping Inc by 69.88%. The purchase prices were between $9.11 and $16.86, with an estimated average price of $11.8. The stock is now traded at around $10.50. The impact to a portfolio due to this purchase was 0.46%. The holding were 76,446 shares as of .

Added: Gulfport Energy Corp (GPOR)

Monaco Asset Management SAM added to a holding in Gulfport Energy Corp by 100.00%. The purchase prices were between $0.39 and $3.04, with an estimated average price of $1.36. The stock is now traded at around $2.40. The impact to a portfolio due to this purchase was 0.2%. The holding were 700,000 shares as of .

Added: Bunge Ltd (BG)

Monaco Asset Management SAM added to a holding in Bunge Ltd by 25.00%. The purchase prices were between $30.25 and $57.94, with an estimated average price of $49.23. The stock is now traded at around $35.33. The impact to a portfolio due to this purchase was 0.13%. The holding were 12,500 shares as of .

Added: Forum Energy Technologies Inc (FET)

Monaco Asset Management SAM added to a holding in Forum Energy Technologies Inc by 25.91%. The purchase prices were between $0.16 and $1.91, with an estimated average price of $0.95. The stock is now traded at around $0.49. The impact to a portfolio due to this purchase was 0.01%. The holding were 144,800 shares as of .

Sold Out: Alkermes PLC (ALKS)

Monaco Asset Management SAM sold out a holding in Alkermes PLC. The sale prices were between $13.06 and $21.24, with an estimated average price of $17.91.

Sold Out: Ovintiv Inc (OVV)

Monaco Asset Management SAM sold out a holding in Ovintiv Inc. The sale prices were between $2.95 and $31.75, with an estimated average price of $17.7.

Sold Out: Euronav NV (EURN)

Monaco Asset Management SAM sold out a holding in Euronav NV. The sale prices were between $8.3 and $13.09, with an estimated average price of $10.36.

Sold Out: Canadian Imperial Bank of Commerce (CM)

Monaco Asset Management SAM sold out a holding in Canadian Imperial Bank of Commerce. The sale prices were between $46.53 and $83.43, with an estimated average price of $74.82.

Sold Out: Nektar Therapeutics (NKTR)

Monaco Asset Management SAM sold out a holding in Nektar Therapeutics. The sale prices were between $14.47 and $27.96, with an estimated average price of $20.7.

Sold Out: Tupperware Brands Corp (TUP)

Monaco Asset Management SAM sold out a holding in Tupperware Brands Corp. The sale prices were between $1.25 and $9.42, with an estimated average price of $5.22.



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