Kingstown Capital Management 13F holdings, Q2 2013
Holdings as of June 30, 2013 · filings on SEC EDGAR · latest filing →
Kingstown Capital Management disclosed 22 US equity positions worth $602.8m in its Q2 2013 13F filing. The largest position was LENDER PROCESSING SVCS INC at 9.4% of the reported book, followed by VODAFONE GROUP PLC NEW and GM. Against the Q1 2013 filing, it opened 5 new positions, added to 6 and reduced 6 among the top 22 holdings.
What did Kingstown Capital Management own in Q2 2013? Top 22 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2013 |
|---|---|---|---|---|---|---|---|
| 1 | LENDER PROCESSING SVCS INC | 9.4% | $56.6m | 1,750,000 | 30% | added | |
| 2 | VODAFONE GROUP PLC NEW | 8.6% | $51.7m | 1,800,000 | 12% | added | |
| 3 | GM GENERAL MTRS CO | Consumer Cyclical | 8.3% | $50.0m | 1,500,000 | 0% | held |
| 4 | BABCOCK & WILCOX CO NEW | 7.0% | $42.0m | 1,400,000 | 40% | added | |
| 5 | ETRA E TRADE FINANCIAL CORP | 6.8% | $41.1m | 3,250,000 | – | new | |
| 6 | GD GENERAL DYNAMICS CORP | Industrials | 6.5% | $39.2m | 500,000 | -9% | reduced |
| 7 | PHH CORP | 6.1% | $36.7m | 1,800,000 | 80% | added | |
| 8 | SXC SUNCOKE ENERGY INC | Basic Materials | 6.0% | $36.5m | 2,600,000 | – | new |
| 9 | FOREST CITY ENTERPRISES INC | 5.9% | $35.8m | 2,000,000 | -11% | reduced | |
| 10 | S9Q SPIRIT AEROSYSTEMS HLDGS INC | 5.3% | $32.2m | 1,500,000 | 0% | held | |
| 11 | COMVERSE INC | 4.9% | $29.8m | 1,000,000 | 18% | added | |
| 12 | LIBERTY MEDIA CORP DELAWARE | 4.7% | $28.5m | 225,000 | -10% | reduced | |
| 13 | GENCORP INC | 4.7% | $28.5m | 1,750,000 | 0% | held | |
| 14 | MARVELL TECHNOLOGY GROUP LTD | 4.4% | $26.3m | 2,250,000 | 0% | held | |
| 15 | ASSISTED LIVING CONCPT NEV N | 2.5% | $14.9m | 1,250,000 | – | new | |
| 16 | QLT INC | 2.3% | $13.8m | 3,150,000 | 5% | added | |
| 17 | BARNES & NOBLE INC | 2.0% | $12.0m | 750,000 | -50% | reduced | |
| 18 | RHP RYMAN HOSPITALITY PPTYS INC | Real Estate | 1.6% | $9.8m | 250,000 | – | new |
| 19 | NORDION INC | 1.2% | $7.4m | 1,000,000 | 0% | held | |
| 20 | ORI OLD REP INTL CORP | Financial Services | 0.8% | $5.0m | 390,000 | -81% | reduced |
| 21 | BLYTH INC | 0.5% | $2.8m | 200,000 | -60% | reduced | |
| 22 | SUNCOKE ENERGY PARTNERS L P | 0.4% | $2.2m | 100,000 | – | 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.