Vollero Beach Capital Reveals A Large Position in Goodrich Petroleum Corporation (GDP)

Vollero Beach Capital, disclosed, in a new filing with the Securities and Exchange Commission, boosting its position in Goodrich Petroleum Corporation (NYSE:GDP) to 3.35 million shares, equivalent to 7.7% of the common stock. The position includes 2.5 million shares underlying “Call” options. In its 13F, Vollero revealed holding 722,742 shares, and over 2.5 million shares under “Call” options.

Goodrich Petroleum

Goodrich Petroleum Corporation (NYSE:GDP) is an independent oil and gas exploration and production company.

Sound Energy Partners, managed by Anthony Giammalva is also one of the largest shareholder of Goodrich Petroleum Corporation (NYSE:GDP), of all the funds we track. The fund held 388,010 shares at the end of the third quarter. Following Sound Energy is Paul Tanico’s Castlerock Asset Management, which owns 112,740 shares. Grt Capital Partners, managed by Gregory Fraser, Rudolph Kluiber, and Timothy Krochuk, is another hedge fund bullish on the stock, which held 629,700 shares at the end of the third quarter of 2013.

Michael Perdue, president at Goodrich Petroleum Corporation (NYSE:GDP), purchased 1,250 shares of the company, a couple of months ago. While Dawn Smajstrla, Vice President & Controller at Goodrich sold 5,626 shares of the company during the same period.

Among the largest holdings in Vollero’s equity portfolio is Gulfport Energy Corporation (NASDAQ:GPOR), of which the fund owns 1.55 million shares.W.R. Grace & Co. (NYSE:GRA) is next on the list, the fund owning 862,598 shares, followed by Eastman Chemical Company (NYSE:EMN), where the fund has a stake of $62.19 million, which contains 798,303 shares.

Disclosure: none

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