First Sabrepoint Capital Management LP 13F holdings, Q1 2025
Holdings as of March 31, 2025 · filings on SEC EDGAR · latest filing →
First Sabrepoint Capital Management LP disclosed 27 US equity positions worth $239.1m in its Q1 2025 13F filing. The largest position was TPB at 9.4% of the reported book, followed by FCFS and LAUR. Against the Q4 2024 filing, it opened 2 new positions, added to 13 and reduced 9 among the top 27 holdings.
What did First Sabrepoint Capital Management LP own in Q1 2025? Top 27 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2024 |
|---|---|---|---|---|---|---|---|
| 1 | TPB TURNING PT BRANDS INC | Consumer Defensive | 9.4% | $22.4m | 376,800 | 35% | added |
| 2 | FCFS FIRSTCASH HOLDINGS INC | Financial Services | 8.3% | $19.9m | 165,001 | 19% | added |
| 3 | LAUR LAUREATE EDUCATION INC | Consumer Defensive | 7.8% | $18.7m | 915,000 | -15% | reduced |
| 4 | MAA MID-AMER APT CMNTYS INC | Real Estate | 6.7% | $15.9m | 95,000 | 12% | added |
| 5 | PM PHILIP MORRIS INTL INC | Consumer Defensive | 6.6% | $15.9m | 100,000 | 0% | held |
| 6 | MSFT MICROSOFT CORP | Technology | 5.5% | $13.1m | 35,000 | 0% | held |
| 7 | GRBK GREEN BRICK PARTNERS INC | 4.4% | $10.5m | 179,478 | 33% | added | |
| 8 | LOPE GRAND CANYON ED INC | Consumer Defensive | 4.3% | $10.4m | 60,000 | -20% | reduced |
| 9 | EEFT EURONET WORLDWIDE INC | Technology | 4.0% | $9.6m | 90,000 | -10% | reduced |
| 10 | CPT CAMDEN PPTY TR | Real Estate | 3.8% | $9.2m | 75,000 | 15% | added |
| 11 | STRL STERLING INFRASTRUCTURE INC | Industrials | 3.4% | $8.2m | 72,500 | 4% | added |
| 12 | WD WALKER & DUNLOP INC | Financial Services | 3.4% | $8.1m | 95,068 | 3% | added |
| 13 | PGNY PROGYNY INC | Healthcare | 3.4% | $8.0m | 360,000 | -36% | reduced |
| 14 | CVCO CAVCO INDS INC DEL | Consumer Cyclical | 3.3% | $7.8m | 15,000 | 18% | added |
| 15 | BTI BRITISH AMERN TOB PLC | Consumer Defensive | 3.2% | $7.7m | 185,000 | – | new |
| 16 | EGY VAALCO ENERGY INC | Energy | 3.1% | $7.5m | 2,000,000 | 3% | added |
| 17 | AZO AUTOZONE INC | Consumer Cyclical | 3.0% | $7.1m | 1,850 | 0% | held |
| 18 | AESI ATLAS ENERGY SOLUTIONS INC | 2.8% | $6.7m | 375,000 | 7% | added | |
| 19 | GOGO GOGO INC | Communication Services | 2.3% | $5.6m | 650,000 | 100% | added |
| 20 | BLD* TOPBUILD CORP | 2.3% | $5.5m | 18,000 | -28% | reduced | |
| 21 | WDAY WORKDAY INC | Technology | 2.1% | $5.0m | 21,500 | – | new |
| 22 | TFIN TRIUMPH FINANCIAL INC | 1.9% | $4.6m | 80,000 | 19% | added | |
| 23 | NVGS NAVIGATOR HLDGS LTD | Energy | 1.4% | $3.3m | 246,204 | -64% | reduced |
| 24 | NVR NVR INC | Consumer Cyclical | 1.3% | $3.1m | 430 | -39% | reduced |
| 25 | CIEN CIENA CORP | Technology | 1.0% | $2.4m | 40,000 | -53% | reduced |
| 26 | IMXI INTERNATIONAL MNY EXPRESS IN | Technology | 0.8% | $2.0m | 154,599 | 4% | added |
| 27 | OABI OMNIAB INC | 0.4% | $984.0k | 410,000 | -72% | reduced |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.