16
Jun
Wrap – Week Ended 6/14/24
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The ZLT was off 5.0% last week, continuing June's underperformance vs our bench marks. Moves in our names have been "holiday-light" in the wake of the OPEC+ meeting at the start of the month. Meanwhile, commodities largely improved on the week on the 2024 and 2025 calendar strips and we bolstered a number of positions and oil is back to pre OPEC+ meeting levels.
Holdings Watch:
- We added to three oily upstream names last week.
- The blotter is updated.
Questions about the site may be directed to zmanalpha@gmail.com
Questions and comments under The Wrap will be addressed in the Monday post.
Have a good weekend,
Z
