Huber Capital Management LLC

EL SEGUNDO, CA · CIK 1511697 · 13F filing filed 2023-11-13

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)

$425.1m reported value +2.2% vs Q2 2023

105positions

41.6%in top 10

25 new 23 added 41 reduced 5 sold out vs Q2 2023

Holdings, Q3 2023

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	BP PLC SPONSORED ADR BP	BP	641,505	$24.8m5.84%	5.84%	Reduced -66.9k	-66,900 -9.4%
2	SHELL PLC SPON ADS SHEL	SHEL	372,689	$24.0m5.64%	5.64%	Reduced -41.2k	-41,200 -9.9%
3	KBR INC COM KBR	KBR	384,382	$22.7m5.33%	5.33%	Reduced -7.5k	-7,500 -1.9%
4	GOLAR LNG LTD SHS GLNG	GLNG	843,640	$20.5m4.82%	4.82%	Reduced -207.1k	-207,122 -19.7%
5	MICROSOFT CORP COM MSFT	MSFT	54,693	$17.3m4.06%	4.06%	Reduced -6.7k	-6,650 -10.8%
6	NEW FORTRESS ENERGY INC COM CL A COM CL A		478,239	$15.7m3.69%	3.69%	Reduced -47.1k	-47,100 -9.0%
7	UPBOUND GROUP INC COM UPBD	UPBD	492,031	$14.5m3.41%	3.41%	Added +73.9k	+73,900 17.7%
8	W & T OFFSHORE INC COM WTI	WTI	3,118,702	$13.7m3.21%	3.21%	Added +875.3k	+875,338 39.0%
9	ELI LILLY & CO COM LLY	LLY	22,937	$12.3m2.90%	2.90%	Added +500	+500 2.2%
10	TETRA TECHNOLOGIES INC DEL COM TTI	TTI	1,818,389	$11.6m2.73%	2.73%	Reduced -1.2m	-1,211,762 -40.0%
11	CITIGROUP INC COM NEW C	C	229,515	$9.4m2.22%	2.22%	Added +6.5k	+6,464 2.9%
12	FIRST HORIZON CORPORATION COM FHN	FHN	825,163	$9.1m2.14%	2.14%	Reduced -121.2k	-121,200 -12.8%
13	INNOSPEC INC COM IOSP	IOSP	83,333	$8.5m2.00%	2.00%	Reduced -5.1k	-5,129 -5.8%
14	FIRST CTZNS BANCSHARES INC N CL A FCNCA	FCNCA	6,118	$8.4m1.99%	1.99%	Reduced -200	-200 -3.2%
15	ENOVA INTL INC COM ENVA	ENVA	151,001	$7.7m1.81%	1.81%	Reduced -18.7k	-18,676 -11.0%
16	MILLER INDS INC TENN COM NEW MLR	MLR	193,961	$7.6m1.79%	1.79%	Added +22.3k	+22,343 13.0%
17	AT&T INC COM T	T	467,496	$7.0m1.65%	1.65%	Added +12.5k	+12,500 2.8%
18	CNO FINL GROUP INC COM CNO	CNO	287,762	$6.8m1.61%	1.61%	Reduced -31.6k	-31,600 -9.9%
19	NORTHROP GRUMMAN CORP COM NOC	NOC	15,304	$6.7m1.58%	1.58%	Reduced -300	-300 -1.9%
20	BANK AMERICA CORP COM BAC	BAC	224,365	$6.1m1.45%	1.45%	Reduced -69.3k	-69,303 -23.6%
21	UNITED RENTALS INC COM URI	URI	12,714	$5.7m1.33%	1.33%	Added +2.1k	+2,100 19.8%
22	FEDEX CORP COM FDX	FDX	21,242	$5.6m1.32%	1.32%	Reduced -5.9k	-5,900 -21.7%
23	COMMERCIAL VEH GROUP INC COM CVGI	CVGI	653,221	$5.1m1.19%	1.19%	Added +311.0k	+310,961 90.9%
24	DEVON ENERGY CORP NEW COM DVN	DVN	102,000	$4.9m1.14%	1.14%	Added +37.1k	+37,100 57.2%
25	LIONS GATE ENTMNT CORP CL B NON VTG CL B NON VTG		612,480	$4.8m1.13%	1.13%	Added +5.5k	+5,500 0.9%
26	CARTER BANKSHARES INC COM NEW CARE	CARE	383,912	$4.8m1.13%	1.13%	Unchanged
27	MASTERCARD INCORPORATED CL A MA	MA	11,709	$4.6m1.09%	1.09%	Reduced -1.2k	-1,200 -9.3%
28	XPERI INC COMMON STOCK XPER	XPER	454,742	$4.5m1.05%	1.05%	Added +32.4k	+32,374 7.7%
29	SELECT MED HLDGS CORP COM SEM	SEM	172,117	$4.3m1.02%	1.02%	Reduced -31.0k	-31,000 -15.3%
30	SCIENCE APPLICATIONS INTL CO COM SAIC	SAIC	38,876	$4.1m0.97%	0.97%	Added +300	+300 0.8%
31	OLIN CORP COM PAR $1 OLN	OLN	80,600	$4.0m0.95%	0.95%	New
32	TRUIST FINL CORP COM TFC	TFC	138,635	$4.0m0.93%	0.93%	Added +1.5k	+1,515 1.1%
33	COMTECH TELECOMMUNICATIONS C COM NEW CMTL	CMTL	442,059	$3.9m0.91%	0.91%	Added +20.7k	+20,749 4.9%
34	PFIZER INC COM PFE	PFE	115,630	$3.8m0.90%	0.90%	Reduced -4.3k	-4,287 -3.6%
35	CHEVRON CORP NEW COM CVX	CVX	21,900	$3.7m0.87%	0.87%	Added +200	+200 0.9%
36	VIRTUS INVT PARTNERS INC COM VRTS	VRTS	18,170	$3.7m0.86%	0.86%	Reduced -500	-500 -2.7%
37	REGIONS FINANCIAL CORP NEW COM RF	RF	201,319	$3.5m0.81%	0.81%	Reduced -37.6k	-37,600 -15.7%
38	GOODYEAR TIRE & RUBR CO COM GT	GT	260,795	$3.2m0.76%	0.76%	Reduced -45.5k	-45,489 -14.8%
39	JPMORGAN CHASE & CO COM JPM	JPM	19,372	$2.8m0.66%	0.66%	Unchanged
40	MERCK & CO INC COM MRK	MRK	27,070	$2.8m0.66%	0.66%	Reduced -10.3k	-10,300 -27.6%
41	RANGER ENERGY SVCS INC COM CL A RNGR	RNGR	194,389	$2.8m0.65%	0.65%	Reduced -119.9k	-119,930 -38.2%
42	EXPAND ENERGY CORPORATION COM EXE	EXE	31,098	$2.7m0.63%	0.63%	Reduced -23.5k	-23,500 -43.0%
43	CONSTELLATION ENERGY CORP COM CEG	CEG	24,310	$2.7m0.62%	0.62%	Added +16.8k	+16,800 223.7%
44	CHENIERE ENERGY INC COM NEW LNG	LNG	14,920	$2.5m0.58%	0.58%	Unchanged
45	JAKKS PAC INC COM NEW JAKK	JAKK	128,237	$2.4m0.56%	0.56%	Added +42.8k	+42,768 50.0%
46	PHILIP MORRIS INTL INC COM PM	PM	25,359	$2.3m0.55%	0.55%	Reduced -7.6k	-7,600 -23.1%
47	GRANITE REAL ESTATE INVT TR UNIT 99/99/9999 UNIT 99/99/9999		44,087	$2.3m0.55%	0.55%	Unchanged
48	EXELON CORP COM EXC	EXC	60,531	$2.3m0.54%	0.54%	Added +52.8k	+52,800 683.0%
49	NORTHRIM BANCORP INC COM NRIM	NRIM	57,647	$2.3m0.54%	0.54%	Reduced -10.0k	-10,000 -14.8%
50	KENVUE INC COM KVUE	KVUE	109,600	$2.2m0.52%	0.52%	New
51	C & F FINL CORP COM CFFI	CFFI	39,565	$2.1m0.50%	0.50%	Added +177	+177 0.5%
52	GULFPORT ENERGY CORP COMMON SHARES GPOR	GPOR	17,050	$2.0m0.48%	0.48%	Added +300	+300 1.8%
53	GSK PLC SPONSORED ADR GSK	GSK	55,392	$2.0m0.47%	0.47%	Reduced -20.3k	-20,311 -26.8%
54	FIRST UTD CORP COM FUNC	FUNC	122,288	$2.0m0.47%	0.47%	Reduced -1.3k	-1,298 -1.1%
55	CSI COMPRESSCO LP COM UNIT COM UNIT		1,435,834	$2.0m0.47%	0.47%	Added +196.1k	+196,070 15.8%
56	EOG RES INC COM EOG	EOG	14,700	$1.9m0.44%	0.44%	Reduced -200	-200 -1.3%
57	VERISIGN INC COM VRSN	VRSN	9,124	$1.8m0.43%	0.43%	Reduced -500	-500 -5.2%
58	EVERGY INC COM EVRG	EVRG	36,200	$1.8m0.43%	0.43%	New
59	SOUTHERN CO COM SO	SO	28,300	$1.8m0.43%	0.43%	New
60	CONOCOPHILLIPS COM COP	COP	15,200	$1.8m0.43%	0.43%	Reduced -1.2k	-1,200 -7.3%
61	HOME DEPOT INC COM HD	HD	6,022	$1.8m0.43%	0.43%	Unchanged
62	COMMERCIAL METALS CO COM CMC	CMC	35,900	$1.8m0.42%	0.42%	New
63	LYFT INC CL A COM LYFT	LYFT	167,027	$1.8m0.41%	0.41%	Added +53.3k	+53,300 46.9%
64	NEXTERA ENERGY INC COM NEE	NEE	30,200	$1.7m0.41%	0.41%	New
65	PPL CORP COM PPL	PPL	71,500	$1.7m0.40%	0.40%	New
66	NATIONAL FUEL GAS CO COM NFG	NFG	30,497	$1.6m0.37%	0.37%	Reduced -28.2k	-28,200 -48.0%
67	AMERICAN ELEC PWR CO INC COM AEP	AEP	20,700	$1.6m0.37%	0.37%	New
68	BLOCK H & R INC COM HRB	HRB	35,744	$1.5m0.36%	0.36%	Unchanged
69	AES CORP COM AES	AES	100,000	$1.5m0.36%	0.36%	New
70	PORTLAND GEN ELEC CO COM NEW POR	POR	36,478	$1.5m0.35%	0.35%	New
71	HALLIBURTON CO COM HAL	HAL	34,400	$1.4m0.33%	0.33%	Reduced -11.1k	-11,100 -24.4%
72	CHORD ENERGY CORPORATION COM NEW CHRD	CHRD	8,242	$1.3m0.31%	0.31%	Reduced -1.5k	-1,500 -15.4%
73	EXXON MOBIL CORP COM XOM	XOM	11,200	$1.3m0.31%	0.31%	Reduced -10.3k	-10,300 -47.9%
74	MARTIN MARIETTA MATLS INC COM MLM	MLM	3,192	$1.3m0.31%	0.31%	New
75	TENET HEALTHCARE CORP COM NEW THC	THC	19,201	$1.3m0.30%	0.30%	Unchanged
76	ENTERGY CORP NEW COM ETR	ETR	12,900	$1.2m0.28%	0.28%	New
77	TYSON FOODS INC CL A TSN	TSN	23,336	$1.2m0.28%	0.28%	Added +89	+89 0.4%
78	VMWARE INC CL A COM VMW	VMW	6,800	$1.1m0.27%	0.27%	Unchanged
79	BLACK HILLS CORP COM BKH	BKH	21,298	$1.1m0.25%	0.25%	New
80	CONSOLIDATED EDISON INC COM ED	ED	12,500	$1.1m0.25%	0.25%	New
81	VALARIS LTD CL A VAL	VAL	12,300	$922.3k0.22%	0.22%	New
82	FIRSTENERGY CORP COM FE	FE	26,800	$916.0k0.22%	0.22%	New
83	SOUTHSTATE CORPORATION COM SSB	SSB	13,498	$909.2k0.21%	0.21%	Unchanged
84	HOMETRUST BANCSHARES INC COM HTB	HTB	39,998	$866.8k0.20%	0.20%	Reduced -3.0k	-3,000 -7.0%
85	CAPSTAR FINL HLDGS INC COM CSTR	CSTR	58,170	$825.4k0.19%	0.19%	Reduced -9.3k	-9,335 -13.8%
86	O-I GLASS INC COM OI	OI	47,900	$801.4k0.19%	0.19%	New
87	NORTHWESTERN ENERGY GROUP IN COM NEW NWE	NWE	16,000	$769.0k0.18%	0.18%	New
88	QUANTA SVCS INC COM PWR	PWR	4,100	$767.0k0.18%	0.18%	New
89	DTE ENERGY CO COM DTE	DTE	7,700	$764.5k0.18%	0.18%	New
90	TAYLOR MORRISON HOME CORP COM TMHC	TMHC	15,792	$672.9k0.16%	0.16%	Unchanged
91	MYR GROUP INC DEL COM MYRG	MYRG	4,600	$619.9k0.15%	0.15%	New
92	EVERSOURCE ENERGY COM ES	ES	10,600	$616.4k0.15%	0.15%	New
93	LENNAR CORP CL B LEN.B	LEN.B	5,560	$568.4k0.13%	0.13%	Reduced -81	-81 -1.4%
94	VISA INC COM CL A V	V	2,400	$552.0k0.13%	0.13%	Reduced -300	-300 -11.1%
95	DISNEY WALT CO COM DIS	DIS	6,000	$486.3k0.11%	0.11%	Reduced -2.1k	-2,100 -25.9%
96	AMERICAN WTR WKS CO INC NEW COM AWK	AWK	3,800	$470.6k0.11%	0.11%	New
97	TE CONNECTIVITY LTD SHS TEL1USD	TEL1USD	3,657	$451.7k0.11%	0.11%	Unchanged
98	ANHEUSER BUSCH INBEV SA/NV SPONSORED ADR BUD	BUD	8,000	$442.4k0.10%	0.10%	Reduced -12.2k	-12,200 -60.4%
99	LAMB WESTON HLDGS INC COM LW	LW	4,166	$385.2k0.09%	0.09%	Unchanged
100	MASTEC INC COM MTZ	MTZ	4,300	$309.5k0.07%	0.07%	New

Sold out since Q2 2023

Security	Ticker	Shares held before	Value then
MERCER INTL INC MERC	MERC	1,001,542	$8.1m1.0m shares
DISH NETWORK CORPORATION DISH	DISH	365,300	$2.4m365.3k shares
FIRST BANCORP N C FBNC	FBNC	19,269	$573.3k19.3k shares
PARAMOUNT GLOBAL		17,824	$283.6k17.8k shares
TILLYS INC TLYS	TLYS	14,647	$102.7k14.6k shares