Kingstown Capital Management 13F holdings, Q1 2011
Holdings as of March 31, 2011 · filings on SEC EDGAR · latest filing →
Kingstown Capital Management disclosed 17 US equity positions worth $269.4m in its Q1 2011 13F filing. The largest position was WMB at 14.8% of the reported book, followed by MI DEVS INC and GENERAL MTRS CO JR. Against the Q4 2010 filing, it opened 1 new position, added to 9 and reduced 2 among the top 17 holdings.
What did Kingstown Capital Management own in Q1 2011? Top 17 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2010 |
|---|---|---|---|---|---|---|---|
| 1 | WMB WILLIAMS COS INC DEL | Energy | 14.8% | $40.0m | 1,282,000 | 139% | added |
| 2 | MI DEVS INC | 13.4% | $36.1m | 1,244,087 | 23% | added | |
| 3 | GENERAL MTRS CO JR | 12.2% | $32.8m | 680,000 | 92% | added | |
| 4 | VODAFONE GROUP PLC NEW SPONS | 9.7% | $26.2m | 910,500 | 26% | added | |
| 5 | LIBERTY MEDIA CORP NEW LIB STAR | 8.7% | $23.4m | 302,000 | 29% | added | |
| 6 | QLT INC | 8.4% | $22.6m | 3,249,524 | 18% | added | |
| 7 | COCA COLA ENTERPRISES INC NE | 7.3% | $19.6m | 719,600 | 58% | added | |
| 8 | LENDER PROCESSING SVCS INC | 7.0% | $18.8m | 584,673 | 21% | added | |
| 9 | COMPUCREDIT HLDGS CORP | 5.3% | $14.3m | 15,750,000 | 0% | held | |
| 10 | FURIEX PHARMACEUTICALS INC | 3.0% | $8.0m | 518,491 | -20% | reduced | |
| 11 | SYMETRA FINL CORP | 3.0% | $8.0m | 585,455 | 0% | held | |
| 12 | ENERGY PARTNERS LTD | 2.5% | $6.7m | 371,669 | 16% | added | |
| 13 | CPEX PHARMACEUTICALS INC | 1.6% | $4.3m | 159,156 | – | new | |
| 14 | AMBASSADORS INTL INC | 1.3% | $3.5m | 8,000,000 | 0% | held | |
| 15 | BANK OF AMERICA CORPORATION *W EXP 01/16/201 | 1.1% | $2.9m | 384,500 | 0% | held | |
| 16 | WALTER INVT MGMT CORP | 0.4% | $1.2m | 75,000 | -90% | reduced | |
| 17 | COMPUCREDIT HLDGS CORP | 0.4% | $1.1m | 2,000,000 | 0% | held |
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.