Wilks Brothers 13F annual report

Wilks Brothers is an investment fund managing more than $34.7 million ran by Matthew Wilks. There are currently 7 companies in Mr. Wilks’s portfolio. The largest investments include Carbo Ceramics Inc and TiVo, together worth $14.7 million.

$34.7 million Assets Under Management (AUM)

As of 7th October 2020, Wilks Brothers’s top holding is 3,091,893 shares of Carbo Ceramics Inc currently worth over $7.42 million and making up 21.4% of the portfolio value. In addition, the fund holds 951,740 shares of TiVo worth $7.25 million, whose value fell 11.1% in the past six months. The third-largest holding is Approach Resources Inc worth $6.32 million and the next is LendingClub worth $5.06 million, with 386,540 shares owned.

Currently, Wilks Brothers's portfolio is worth at least $34.7 million. The total portfolio value may be much higher due to cash assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.

Careers at Wilks Brothers

The Wilks Brothers office and employees reside in Cisco, Texas. According to the last 13-F report filed with the SEC, Matthew Wilks serves as the VP of Capital Investments at Wilks Brothers.

Recent trades

In the most recent 13F filing, Wilks Brothers revealed that it had opened a new position in LendingClub and bought 386,540 shares worth $5.06 million.

On the other hand, there are companies that Wilks Brothers is getting rid of from its portfolio. Wilks Brothers closed its position in LendingClub on 13th November 2019. It sold the previously owned 5,275,988 shares for $17.3 million. Matthew Wilks also disclosed a decreased stake in TiVo by 0.5%. This leaves the value of the investment at $7.25 million and 951,740 shares.

One of the smallest hedge funds

The two most similar investment funds to Wilks Brothers are Mhi Funds and Healthcare Value Capital. They manage $34.7 million and $34.7 million respectively.

Matthew Wilks investment strategy

Wilks Brothers’s portfolio is diversified across 3 sectors. Currently, their heaviest sector is Technology — making up 20.9% of the total portfolio value. The fund focuses on investments in the United States as 28.6% of the portfolio companies are based in the United States.

The majority of the companies in the fund’s portfolio are large-cap stocks. Stocks with a size of more than $10 billion in market cap make up approximately 0.1% of the total holdings value. On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio. The average market cap of the portfolio companies is close to $550 million.

The complete list of Wilks Brothers trades based on 13F SEC filings

These positions were updated on November 13th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.

Security	Shares Owned	Value	Allocation
LendingClub Corp.	Closed 5,275,988	$17,305,000
Carbo Ceramics Inc	No change 3,091,893	$7,420,000	21.38%
TiVo Corp.	50.38% 951,740	$7,248,000	20.89%
Approach Resources Inc	No change 45,239,713	$6,324,000	18.22%
Cimarex Energy Co.	Closed 94,960	$5,634,000
LendingClub Corp.	Opened 386,540	$5,056,000	14.57%
Carrizo Oil Gas Inc	55.07% 421,809	$3,621,000	10.43%
Iron Mtn Inc New	Closed 109,650	$3,432,000
Att Inc	Closed 90,800	$3,043,000
Callon Pete Co Del	52.75% 662,910	$2,877,000	8.29%
Halcon Res Corp	Closed 15,718,609	$2,779,000
Flotek Inds Inc Del	46.03% 979,600	$2,155,000	6.21%
Alta Mesa Res Inc	Closed 435,624	$64,000
No transactions found
Showing first 500 out of 13 holdings