Kingstown Capital Management 13F holdings, Q4 2011
Holdings as of December 31, 2011 · filings on SEC EDGAR · latest filing →
Kingstown Capital Management disclosed 15 US equity positions worth $268.0m in its Q4 2011 13F filing. The largest position was WMB at 16.0% of the reported book, followed by LIBERTY MEDIA CORPORATION LIB CAP and VODAFONE GROUP PLC NEW SPONS. Against the Q3 2011 filing, it opened 5 new positions, added to 1 and reduced 5 among the top 15 holdings.
What did Kingstown Capital Management own in Q4 2011? Top 15 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2011 |
|---|---|---|---|---|---|---|---|
| 1 | WMB WILLIAMS COS INC DEL | Energy | 16.0% | $42.9m | 1,300,000 | -19% | reduced |
| 2 | LIBERTY MEDIA CORPORATION LIB CAP | 11.7% | $31.2m | 400,000 | – | new | |
| 3 | VODAFONE GROUP PLC NEW SPONS | 11.5% | $30.8m | 1,100,000 | 0% | held | |
| 4 | MI DEVS INC | 11.3% | $30.4m | 950,000 | -40% | reduced | |
| 5 | GENERAL MTRS CO JR | 10.5% | $28.3m | 825,000 | -4% | reduced | |
| 6 | COMPUCREDIT HLDGS CORP | 10.1% | $27.1m | 27,550,000 | 0% | held | |
| 7 | QLT INC | 8.1% | $21.6m | 2,999,904 | -0% | held | |
| 8 | FOREST CITY ENTERPRISES INC | 7.5% | $20.1m | 1,700,000 | – | new | |
| 9 | LENDER PROCESSING SVCS INC | 3.7% | $9.8m | 650,000 | -32% | reduced | |
| 10 | BLYTH INC | 3.6% | $9.6m | 169,600 | – | new | |
| 11 | ITT CORP NEW | 2.7% | $7.2m | 374,999 | – | new | |
| 12 | ORI OLD REP INTL CORP | Financial Services | 1.7% | $4.5m | 481,997 | – | new |
| 13 | BANK OF AMERICA CORPORATION *W EXP 01/16/201 | 0.9% | $2.3m | 1,150,000 | 5% | added | |
| 14 | SANOFI RIGHT 12/31/2020 | 0.4% | $1.2m | 1,000,000 | -82% | reduced | |
| 15 | COMPUCREDIT HLDGS CORP | 0.3% | $852.0k | 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.