Huber Capital Management LLC

EL SEGUNDO, CA · CIK 1511697 · 13F filing filed 2023-02-13

SEC-registered investment adviser since 2007 · limited liability company

Assets managed$729.2m
Staff11 · 6 in investment roles
Main clients (by assets)Mutual funds and ETFs 82%, Companies 14%, Pension plans 4%
Form ADV · 2026-04-01SEC adviser record

Legal entityHUBER CAPITAL MANAGEMENT LLC (US)

$396.4m reported value +11.1% vs Q3 2022

88positions

43.8%in top 10

7 new 35 added 32 reduced 21 sold out vs Q3 2022

Holdings, Q4 2022

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	KBR INC COM KBR	KBR	491,049	$25.9m6.54%	6.54%	Reduced -103.6k	-103,636 -17.4%
2	GOLAR LNG LTD SHS GLNG	GLNG	996,394	$22.7m5.73%	5.73%	Reduced -95.4k	-95,404 -8.7%
3	BP PLC SPONSORED ADR BP	BP	645,155	$22.5m5.69%	5.69%	Reduced -7.8k	-7,759 -1.2%
4	SHELL PLC SPON ADS SHEL	SHEL	388,115	$22.1m5.58%	5.58%	Added +7.0k	+7,020 1.8%
5	FIRST HORIZON CORPORATION COM FHN	FHN	859,863	$21.1m5.32%	5.32%	Added +25.0k	+25,000 3.0%
6	MICROSOFT CORP COM MSFT	MSFT	63,046	$15.1m3.81%	3.81%	Unchanged
7	MERCER INTL INC COM MERC	MERC	1,125,030	$13.1m3.30%	3.30%	Added +235.7k	+235,731 26.5%
8	UPBOUND GROUP INC COM UPBD	UPBD	530,864	$12.0m3.02%	3.02%	Added +23.8k	+23,829 4.7%
9	INNOSPEC INC COM IOSP	IOSP	96,962	$10.0m2.52%	2.52%	Reduced -28.1k	-28,064 -22.4%
10	CITIGROUP INC COM NEW C	C	203,428	$9.2m2.32%	2.32%	Added +92.2k	+92,200 82.9%
11	NEW FORTRESS ENERGY INC COM CL A COM CL A		205,875	$8.7m2.20%	2.20%	Added +135.9k	+135,872 194.1%
12	ELI LILLY & CO COM LLY	LLY	23,737	$8.7m2.19%	2.19%	Reduced -3.8k	-3,800 -13.8%
13	FIRST CTZNS BANCSHARES INC N CL A FCNCA	FCNCA	11,318	$8.6m2.17%	2.17%	Added +2.0k	+2,002 21.5%
14	CNO FINL GROUP INC COM CNO	CNO	342,373	$7.8m1.97%	1.97%	Reduced -48.5k	-48,500 -12.4%
15	EXPAND ENERGY CORPORATION COM EXE	EXE	80,040	$7.6m1.91%	1.91%	Reduced -25.1k	-25,100 -23.9%
16	W & T OFFSHORE INC COM WTI	WTI	1,327,396	$7.4m1.87%	1.87%	Reduced -7.9k	-7,883 -0.6%
17	LIONS GATE ENTMNT CORP CL B NON VTG CL B NON VTG		1,346,250	$7.3m1.84%	1.84%	Added +301.0k	+301,000 28.8%
18	TETRA TECHNOLOGIES INC DEL COM TTI	TTI	2,012,719	$7.0m1.76%	1.76%	Added +138.7k	+138,675 7.4%
19	AT&T INC COM T	T	367,596	$6.8m1.71%	1.71%	Added +86.3k	+86,300 30.7%
20	CHEVRON CORP NEW COM CVX	CVX	36,400	$6.5m1.65%	1.65%	Reduced -3.0k	-3,000 -7.6%
21	CARTER BANKSHARES INC COM NEW CARE	CARE	393,345	$6.5m1.65%	1.65%	Added +5.2k	+5,175 1.3%
22	NATIONAL FUEL GAS CO COM NFG	NFG	101,484	$6.4m1.62%	1.62%	Reduced -34.3k	-34,316 -25.3%
23	ENOVA INTL INC COM ENVA	ENVA	157,626	$6.0m1.53%	1.53%	Reduced -2.3k	-2,310 -1.4%
24	BANK AMERICA CORP COM BAC	BAC	177,749	$5.9m1.49%	1.49%	Added +33.0k	+33,000 22.8%
25	NORTHROP GRUMMAN CORP COM NOC	NOC	10,204	$5.6m1.40%	1.40%	Added +500	+500 5.2%
26	GOODYEAR TIRE & RUBR CO COM GT	GT	462,911	$4.7m1.19%	1.19%	Added +238.0k	+238,003 105.8%
27	FEDEX CORP COM FDX	FDX	26,637	$4.6m1.16%	1.16%	Reduced -3.8k	-3,800 -12.5%
28	MASTERCARD INCORPORATED CL A MA	MA	12,923	$4.5m1.13%	1.13%	Added +1.0k	+1,000 8.4%
29	REGIONS FINANCIAL CORP NEW COM RF	RF	206,319	$4.4m1.12%	1.12%	Added +22.5k	+22,500 12.2%
30	JPMORGAN CHASE & CO COM JPM	JPM	32,883	$4.4m1.11%	1.11%	Reduced -5.0k	-5,000 -13.2%
31	MILLER INDS INC TENN COM NEW MLR	MLR	164,416	$4.4m1.11%	1.11%	Added +9.9k	+9,882 6.4%
32	PFIZER INC COM PFE	PFE	79,528	$4.1m1.03%	1.03%	Added +8.5k	+8,500 12.0%
33	TRUIST FINL CORP COM TFC	TFC	92,657	$4.0m1.01%	1.01%	Added +49.2k	+49,240 113.4%
34	DEVON ENERGY CORP NEW COM DVN	DVN	64,800	$4.0m1.01%	1.01%	Reduced -16.7k	-16,700 -20.5%
35	SCIENCE APPLICATIONS INTL CO COM SAIC	SAIC	35,576	$3.9m1.00%	1.00%	Reduced -4.1k	-4,084 -10.3%
36	VIRTUS INVT PARTNERS INC COM VRTS	VRTS	20,270	$3.9m0.98%	0.98%	Reduced -6.2k	-6,200 -23.4%
37	MERCK & CO INC COM MRK	MRK	34,370	$3.8m0.96%	0.96%	Unchanged
38	COMTECH TELECOMMUNICATIONS C COM NEW CMTL	CMTL	299,098	$3.6m0.92%	0.92%	Added +102.5k	+102,525 52.2%
39	GULFPORT ENERGY CORP COMMON SHARES GPOR	GPOR	46,048	$3.4m0.86%	0.86%	Reduced -4.4k	-4,413 -8.8%
40	CONOCOPHILLIPS COM COP	COP	27,100	$3.2m0.81%	0.81%	Reduced -6.0k	-6,000 -18.1%
41	PHILIP MORRIS INTL INC COM PM	PM	30,959	$3.1m0.79%	0.79%	Reduced -1.3k	-1,300 -4.0%
42	SELECT MED HLDGS CORP COM SEM	SEM	125,603	$3.1m0.79%	0.79%	Added +26.0k	+25,984 26.1%
43	XPERI INC COMMON STOCK XPER	XPER	296,210	$2.6m0.64%	0.64%	New
44	EXXON MOBIL CORP COM XOM	XOM	23,100	$2.5m0.64%	0.64%	Reduced -6.4k	-6,400 -21.7%
45	JAKKS PAC INC COM NEW JAKK	JAKK	145,146	$2.5m0.64%	0.64%	Reduced -14.6k	-14,622 -9.2%
46	GRANITE REAL ESTATE INVT TR UNIT 99/99/9999 UNIT 99/99/9999		45,087	$2.3m0.58%	0.58%	Unchanged
47	VERISIGN INC COM VRSN	VRSN	9,624	$2.0m0.50%	0.50%	Unchanged
48	HOME DEPOT INC COM HD	HD	6,022	$1.9m0.48%	0.48%	Reduced -300	-300 -4.8%
49	EOG RES INC COM EOG	EOG	14,500	$1.9m0.47%	0.47%	New
50	CARRIER GLOBAL CORPORATION COM CARR	CARR	45,521	$1.9m0.47%	0.47%	Added +10.0k	+10,000 28.1%
51	RANGER ENERGY SVCS INC COM CL A RNGR	RNGR	166,607	$1.8m0.46%	0.46%	Added +131.1k	+131,090 369.1%
52	GSK PLC SPONSORED ADR GSK	GSK	48,672	$1.7m0.43%	0.43%	Added +23.6k	+23,599 94.1%
53	C & F FINL CORP COM CFFI	CFFI	29,121	$1.7m0.43%	0.43%	Added +5.3k	+5,252 22.0%
54	CSI COMPRESSCO LP COM UNIT COM UNIT		1,156,111	$1.5m0.39%	0.39%	Added +133.9k	+133,924 13.1%
55	TYSON FOODS INC CL A TSN	TSN	24,121	$1.5m0.38%	0.38%	Reduced -200	-200 -0.8%
56	HALLIBURTON CO COM HAL	HAL	36,400	$1.4m0.36%	0.36%	Reduced -5.7k	-5,700 -13.5%
57	SYSTEM1 INC CL A COM CL A COM		301,616	$1.4m0.36%	0.36%	Added +133.1k	+133,051 78.9%
58	NORTHRIM BANCORP INC COM NRIM	NRIM	23,991	$1.3m0.33%	0.33%	Added +300	+300 1.3%
59	CAPSTAR FINL HLDGS INC COM CSTR	CSTR	69,874	$1.2m0.31%	0.31%	Added +7.6k	+7,588 12.2%
60	SOUTHSTATE CORPORATION COM SSB	SSB	15,598	$1.2m0.30%	0.30%	Reduced -4.5k	-4,484 -22.3%
61	PARAMOUNT GLOBAL CLASS B COM CLASS B COM		69,228	$1.2m0.29%	0.29%	Added +53.6k	+53,600 343.0%
62	BORR DRILLING LTD SHS BORR	BORR	230,756	$1.1m0.29%	0.29%	New
63	TENET HEALTHCARE CORP COM NEW THC	THC	22,901	$1.1m0.28%	0.28%	Added +6.1k	+6,100 36.3%
64	CHORD ENERGY CORPORATION COM NEW CHRD	CHRD	7,400	$1.0m0.26%	0.26%	New
65	FIRST BANCORP N C COM FBNC	FBNC	20,069	$859.8k0.22%	0.22%	Reduced -10.6k	-10,600 -34.6%
66	FIRST UTD CORP COM FUNC	FUNC	43,249	$849.8k0.21%	0.21%	Added +20.4k	+20,425 89.5%
67	BLOCK H & R INC COM HRB	HRB	20,213	$738.0k0.19%	0.19%	Unchanged
68	VMWARE INC CL A COM VMW	VMW	6,000	$736.6k0.19%	0.19%	Added +3.5k	+3,500 140.0%
69	COMMERCIAL VEH GROUP INC COM CVGI	CVGI	104,182	$709.5k0.18%	0.18%	New
70	HOMETRUST BANCSHARES INC COM HTB	HTB	29,253	$707.0k0.18%	0.18%	New
71	CONSTELLATION ENERGY CORP COM CEG	CEG	7,510	$647.4k0.16%	0.16%	Unchanged
72	OFFICE PPTYS INCOME TR COM SHS BEN INT OPITQ	OPITQ	48,059	$641.6k0.16%	0.16%	Added +14.0k	+14,000 41.1%
73	TAYLOR MORRISON HOME CORP COM TMHC	TMHC	18,792	$570.3k0.14%	0.14%	Unchanged
74	VISA INC COM CL A V	V	2,700	$561.0k0.14%	0.14%	Added +500	+500 22.7%
75	JEFFERIES FINL GROUP INC COM JEF	JEF	14,100	$483.3k0.12%	0.12%	Unchanged
76	PORTLAND GEN ELEC CO COM NEW POR	POR	9,182	$449.9k0.11%	0.11%	Reduced -12.4k	-12,364 -57.4%
77	LENNAR CORP CL B LEN.B	LEN.B	5,688	$425.3k0.11%	0.11%	Reduced -5	-5 -0.1%
78	TE CONNECTIVITY LTD SHS TEL1USD	TEL1USD	3,657	$419.8k0.11%	0.11%	Unchanged
79	GOLDMAN SACHS GROUP INC COM GS	GS	1,100	$377.7k0.10%	0.10%	Reduced -1.2k	-1,200 -52.2%
80	LAMB WESTON HLDGS INC COM LW	LW	4,166	$372.3k0.09%	0.09%	Unchanged
81	CONAGRA BRANDS INC COM CAG	CAG	9,000	$348.3k0.09%	0.09%	Reduced -55	-55 -0.6%
82	EXELON CORP COM EXC	EXC	7,636	$330.1k0.08%	0.08%	Unchanged
83	TILLYS INC CL A TLYS	TLYS	34,939	$316.2k0.08%	0.08%	Reduced -59.8k	-59,836 -63.1%
84	ADEIA INC COM ADEA	ADEA	28,510	$270.3k0.07%	0.07%	New
85	PRUDENTIAL FINL INC COM PRU	PRU	2,700	$268.5k0.07%	0.07%	Unchanged
86	HEWLETT PACKARD ENTERPRISE C COM HPE	HPE	16,471	$262.9k0.07%	0.07%	Unchanged
87	WALMART INC COM WMT	WMT	1,500	$212.7k0.05%	0.05%	Reduced -55	-55 -3.5%
88	POTLATCHDELTIC CORPORATION COM PCH	PCH	4,600	$202.4k0.05%	0.05%	Unchanged

Sold out since Q3 2022

Security	Ticker	Shares held before	Value then
HANGER INC HNGR	HNGR	206,090	$3.9m206.1k shares
XPERI HOLDING CORP		207,896	$2.9m207.9k shares
XEROX HOLDINGS CORP XRX	XRX	108,324	$1.4m108.3k shares
CONMED CORP CNMD	CNMD	10,520	$843.0k10.5k shares
UNITED RENTALS INC URI	URI	1,718	$464.0k1.7k shares
ENTERGY CORP NEW ETR	ETR	1,350	$136.0k1.4k shares
EVERGY INC EVRG	EVRG	1,758	$104.0k1.8k shares
VOYA FINANCIAL INC VOYA	VOYA	1,269	$77.0k1.3k shares
NEXTERA ENERGY INC NEE	NEE	800	$63.0k800 shares
ORACLE CORP ORCL	ORCL	900	$55.0k900 shares
ABBVIE INC ABBV	ABBV	400	$54.0k400 shares
F5 INC FFIV	FFIV	300	$43.0k300 shares
AMERICAN ELEC PWR CO INC AEP	AEP	300	$26.0k300 shares
TEEKAY CORPORATION		2,745	$10.0k2.7k shares
SANOFI SNY	SNY	173	$7.0k173 shares
ASTRAZENECA PLC		89	$5.0k89 shares
SK TELECOM CO LTD SKM	SKM	208	$4.0k208 shares
VODAFONE GROUP PLC NEW VOD	VOD	324	$4.0k324 shares
NXP SEMICONDUCTORS N V NXPI	NXPI	28	$4.0k28 shares
RYANAIR HOLDINGS PLC RYAAY	RYAAY	58	$3.0k58 shares
TOTALENERGIES SE		52	$2.0k52 shares