Kingstown Capital Management 13F holdings, Q3 2012
Holdings as of September 30, 2012 · filings on SEC EDGAR · latest filing →
Kingstown Capital Management disclosed 17 US equity positions worth $373.7m in its Q3 2012 13F filing. The largest position was GD at 8.8% of the reported book, followed by FOREST CITY ENTERPRISES INC and MDRX. Against the Q2 2012 filing, it opened 3 new positions, added to 6 and reduced 4 among the top 17 holdings.
What did Kingstown Capital Management own in Q3 2012? Top 17 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2012 |
|---|---|---|---|---|---|---|---|
| 1 | GD GENERAL DYNAMICS CORP | Industrials | 8.8% | $33.1m | 500,000 | – | new |
| 2 | FOREST CITY ENTERPRISES INC | 8.5% | $31.7m | 2,000,000 | 3% | added | |
| 3 | MDRX ALLSCRIPTS HEALTHCARE SOLUTN | Healthcare | 8.3% | $31.1m | 2,500,000 | 0% | held |
| 4 | COMVERSE TECHNOLOGY INC | 8.2% | $30.8m | 5,000,000 | 3% | added | |
| 5 | ORI OLD REP INTL CORP | Financial Services | 8.1% | $30.2m | 3,250,000 | -12% | reduced |
| 6 | VODAFONE GROUP PLC NEW SPONS | 7.6% | $28.5m | 1,000,000 | -20% | reduced | |
| 7 | REGIS CORP MINN | 7.4% | $27.6m | 1,500,000 | 15% | added | |
| 8 | GM GENERAL MTRS CO | Consumer Cyclical | 7.3% | $27.3m | 1,200,000 | 0% | held |
| 9 | LIBERTY MEDIA CORPORATION LIB CAP | 7.0% | $26.0m | 250,000 | -44% | reduced | |
| 10 | PHH CORP | 6.7% | $24.9m | 1,225,000 | -28% | reduced | |
| 11 | QLT INC | 5.8% | $21.8m | 2,800,000 | 4% | added | |
| 12 | LENDER PROCESSING SVCS INC | 4.5% | $16.7m | 600,000 | 20% | added | |
| 13 | GRFS GRIFOLS S A SP | Healthcare | 4.3% | $16.0m | 700,000 | – | new |
| 14 | BARNES & NOBLE INC | 3.6% | $13.4m | 1,050,000 | 91% | added | |
| 15 | BLYTH INC | 1.7% | $6.5m | 250,000 | 0% | held | |
| 16 | BANK OF AMERICA CORPORATION *W EXP 01/16/201 | 1.1% | $4.1m | 1,150,000 | 0% | held | |
| 17 | NORDION INC | 1.1% | $4.0m | 600,000 | – | new |
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.