Axar Capital Management L.p. Buys Montage Resources Corp, Mesa Air Group Inc, Sells Patterson-UTI Energy Inc, Jakks Pacific Inc

Investment company Axar Capital Management L.p. buys Montage Resources Corp, Mesa Air Group Inc, sells Patterson-UTI Energy Inc, Jakks Pacific Inc during the 3-months ended 2019Q1, according to the most recent filings of the investment company, Axar Capital Management L.p.. As of 2019Q1, Axar Capital Management L.p. owns 6 stocks with a total value of $772 million. These are the details of the buys and sells.

For the details of AXAR CAPITAL MANAGEMENT L.P.'s stock buys and sells, go to https://www.gurufocus.com/guru/axar+capital+management+l.p./current-portfolio/portfolio

These are the top 5 holdings of AXAR CAPITAL MANAGEMENT L.P.
  1. SPDR S&P 500 (SPY) - 2,500,000 shares, 91.43% of the total portfolio.
  2. Stonemor Partners LP (STON) - 7,748,435 shares, 3.78% of the total portfolio. Shares added by 4.92%
  3. Montage Resources Corp (EPWA) - 1,247,010 shares, 2.43% of the total portfolio. New Position
  4. Mesa Air Group Inc (MESA) - 1,329,728 shares, 1.44% of the total portfolio. New Position
  5. Stage Stores Inc (SSI) - 4,300,000 shares, 0.57% of the total portfolio. Shares added by 16.22%
New Purchase: Montage Resources Corp (EPWA)

Axar Capital Management L.p. initiated holding in Montage Resources Corp. The purchase prices were between $11.65 and $15.06, with an estimated average price of $13.91. The stock is now traded at around $8.54. The impact to a portfolio due to this purchase was 2.43%. The holding were 1,247,010 shares as of .

New Purchase: Mesa Air Group Inc (MESA)

Axar Capital Management L.p. initiated holding in Mesa Air Group Inc. The purchase prices were between $7.22 and $10.21, with an estimated average price of $8.87. The stock is now traded at around $9.17. The impact to a portfolio due to this purchase was 1.44%. The holding were 1,329,728 shares as of .

Sold Out: Patterson-UTI Energy Inc (PTEN)

Axar Capital Management L.p. sold out a holding in Patterson-UTI Energy Inc. The sale prices were between $10.35 and $14.67, with an estimated average price of $13.09.

Sold Out: Jakks Pacific Inc (JAKK)

Axar Capital Management L.p. sold out a holding in Jakks Pacific Inc. The sale prices were between $1.01 and $2.1, with an estimated average price of $1.7.



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