Kingstown Capital Management 13F holdings, Q4 2012
Holdings as of December 31, 2012 · filings on SEC EDGAR · latest filing →
Kingstown Capital Management disclosed 18 US equity positions worth $413.6m in its Q4 2012 13F filing. The largest position was GD at 10.9% of the reported book, followed by VODAFONE GROUP PLC NEW SPONS and FOREST CITY ENTERPRISES INC. Against the Q3 2012 filing, it opened 3 new positions, added to 9 and reduced 4 among the top 18 holdings.
What did Kingstown Capital Management own in Q4 2012? Top 18 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2012 |
|---|---|---|---|---|---|---|---|
| 1 | GD GENERAL DYNAMICS CORP | Industrials | 10.9% | $45.0m | 650,000 | 30% | added |
| 2 | VODAFONE GROUP PLC NEW SPONS | 9.1% | $37.8m | 1,500,000 | 50% | added | |
| 3 | FOREST CITY ENTERPRISES INC | 8.4% | $34.7m | 2,150,000 | 7% | added | |
| 4 | GM GENERAL MTRS CO | Consumer Cyclical | 8.4% | $34.6m | 1,200,000 | 0% | held |
| 5 | ORI OLD REP INTL CORP | Financial Services | 7.7% | $31.9m | 3,000,000 | -8% | reduced |
| 6 | LIBERTY MEDIA CORPORATION LIB CAP | 7.7% | $31.9m | 275,000 | 10% | added | |
| 7 | LENDER PROCESSING SVCS INC | 7.1% | $29.5m | 1,200,000 | 100% | added | |
| 8 | QLT INC | 5.7% | $23.6m | 3,000,000 | 7% | added | |
| 9 | PHH CORP | 5.5% | $22.8m | 1,000,000 | -18% | reduced | |
| 10 | MDRX ALLSCRIPTS HEALTHCARE SOLUTN | Healthcare | 5.1% | $21.2m | 2,250,000 | -10% | reduced |
| 11 | BARNES & NOBLE INC | 4.7% | $19.6m | 1,300,000 | 24% | added | |
| 12 | COMVERSE TECHNOLOGY INC | 4.6% | $19.2m | 5,000,000 | 0% | held | |
| 13 | MARVELL TECHNOLOGY GROUP LTD | 4.0% | $16.7m | 2,300,000 | – | new | |
| 14 | COMVERSE INC | 3.9% | $16.3m | 572,103 | – | new | |
| 15 | GENCORP INC | 3.4% | $14.3m | 1,558,812 | – | new | |
| 16 | BLYTH INC | 1.9% | $7.8m | 500,000 | 100% | added | |
| 17 | NORDION INC | 1.6% | $6.5m | 1,000,000 | 67% | added | |
| 18 | GRFS GRIFOLS S A SP | Healthcare | 0.1% | $227.0k | 8,748 | -99% | 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.