SecurityCXO / Concho Resources, Inc.
Institution1832 Asset Management L.P.
Shares20,400
Value $ 3,082,000
Related 20605PAA9 / Concho Res Inc Senior Notes 8.625% 10/01/17
20605PAE1 / Concho Resources Inc. 5.50% 04/01/23
20605PAD3 / Concho Resources Inc. 5.50% Senior Notes 10/01/22
20605PAC5 / Concho Resources Inc. 6.50% 01/15/22
20605PAB7 / Concho Resources Inc. 7.0% Senior Notes 01/15/21

1832 Asset Management L.P. reports 200.00% increase in ownership of CXO / Concho Resources, Inc.

May 15, 2018 - 1832 Asset Management L.P. has filed a 13F-HR form disclosing ownership of 20,400 shares of Concho Resources, Inc. (NYSE:CXO) with total holdings valued at $3,082,000 USD as of March 31, 2018. 1832 Asset Management L.P. had filed a previous 13F-HR on February 14, 2018 disclosing 6,800 shares of Concho Resources, Inc. at a value of $1,017,000 USD. This represents a change in shares of 200.00 percent and a change in value of 203.05 percent during the quarter.

Other investors with positions similar to 1832 Asset Management L.P. include Graticule Asia Macro Advisors LLC, Mitsubishi UFJ Asset Management Co., Ltd., Nuveen Asset Management, LLC, Brant Point Investment Management Llc, Mason Street Advisors, Llc, and DnB Asset Management AS.

Concho Resources, Inc. has declared a standard industrial code (sic) of 1311 which is the "Crude Petroleum and Natural Gas" industry. 1832 Asset Management L.P.'s top industries are "Construction Special Trade Contractors" (sic 17), "Primary Metal Industries" (sic 33), and "Home Furniture, Furnishings, And Equipment Stores" (sic 57).

13F Filings

The Security, Class, and CUSIP columns in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names and cusips.

In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

Effective
Date
Form Security Class CUSIP Share
Price
Shares Change
(%)
Value
(x1000)
Change
(%)
Cost
(x1000)
Profit
(x1000)
Return
(%)
2018-03-31 13F-HR CONCHO RES COM 20605P101 150.32 20,400 200.00 3,082 203.05 2,044 21 2.03
2017-12-31 13F-HR CONCHO RES COM 20605P101 6,800 1,017 1,017 0
2017-06-30 13F-HR CONCHO RES COM 20605P101 0 -100.00 0 -100.00 0 0
2017-03-31 13F-HR CONCHO RES COM 20605P101 130.59 48,300 19.55 6,210 15.92 1,032 -179 -3.33
2016-12-31 13F-HR/A-1 CONCHO RES COM 20605P101 134.98 40,400 0.00 5,357 -3.46 0 -192 -3.46
2016-12-31 13F-HR CONCHO RES COM 20605P101 40,400 5,421
2016-09-30 13F-HR CONCHO RES COM 20605P101 128.70 40,400 14.77 5,549 31.31 669 654 15.47
2016-06-30 13F-HR/A-1 CONCHO RES COM 20605P101 145.82 35,200 1.44 4,226 -29.02 73 -1,801 -30.25
2016-06-30 13F-HR CONCHO RES COM 20605P101 35,200 7,054
2016-03-31 13F-HR CONCHO RES COM 20605P101 131.73 34,700 20.49 5,954 125.02 777 2,531 95.65
2015-12-31 13F-HR CONCHO RES COM 20605P101 95.27 28,800 193.88 2,646 173.63 1,810 -131 -13.57
2015-09-30 13F-HR CONCHO RES COM 20605P101 9,800 0.00 967 967 0
2014-09-30 13F-HR CONCHO RES COM 20605P101 0 -100.00 0 -100.00 0 0
2014-06-30 13F-HR CONCHO RES COM 20605P101 5,200 752


CUSIP: 20605P101