Kingstown Capital Management 13F holdings, Q3 2013
Holdings as of September 30, 2013 · filings on SEC EDGAR · latest filing →
Kingstown Capital Management disclosed 19 US equity positions worth $656.1m in its Q3 2013 13F filing. The largest position was VODAFONE GROUP PLC NEW at 11.8% of the reported book, followed by NWSA and GM. Against the Q2 2013 filing, it opened 2 new positions, added to 2 and reduced 5 among the top 19 holdings.
What did Kingstown Capital Management own in Q3 2013? Top 19 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2013 |
|---|---|---|---|---|---|---|---|
| 1 | VODAFONE GROUP PLC NEW | 11.8% | $77.4m | 2,200,000 | 22% | added | |
| 2 | NWSA NEWS CORP NEW | Communication Services | 10.8% | $70.7m | 4,400,000 | – | new |
| 3 | GM GENERAL MTRS CO | Consumer Cyclical | 8.2% | $54.0m | 1,500,000 | 0% | held |
| 4 | BABCOCK & WILCOX CO NEW | 7.2% | $47.2m | 1,400,000 | 0% | held | |
| 5 | SXC SUNCOKE ENERGY INC | Basic Materials | 6.7% | $44.2m | 2,600,000 | 0% | held |
| 6 | PHH CORP | 6.3% | $41.5m | 1,750,000 | -3% | reduced | |
| 7 | ETRA E TRADE FINANCIAL CORP | 6.0% | $39.1m | 2,370,200 | -27% | reduced | |
| 8 | S9Q SPIRIT AEROSYSTEMS HLDGS INC | 5.5% | $36.4m | 1,500,000 | 0% | held | |
| 9 | LIBERTY MEDIA CORP DELAWARE | 5.0% | $33.1m | 225,000 | 0% | held | |
| 10 | COMVERSE INC | 4.9% | $31.9m | 1,000,000 | 0% | held | |
| 11 | RHP RYMAN HOSPITALITY PPTYS INC | Real Estate | 4.5% | $29.3m | 850,000 | 240% | added |
| 12 | LENDER PROCESSING SVCS INC | 4.3% | $28.3m | 850,000 | -51% | reduced | |
| 13 | GENCORP INC | 4.3% | $28.1m | 1,750,000 | 0% | held | |
| 14 | MARVELL TECHNOLOGY GROUP LTD | 3.9% | $25.9m | 2,250,000 | 0% | held | |
| 15 | GD GENERAL DYNAMICS CORP | Industrials | 3.3% | $21.9m | 250,000 | -50% | reduced |
| 16 | AMH AMERICAN HOMES 4 RENT | Real Estate | 3.3% | $21.8m | 1,350,000 | – | new |
| 17 | QLT INC | 2.2% | $14.6m | 3,150,000 | 0% | held | |
| 18 | BARNES & NOBLE INC | 1.5% | $9.7m | 750,000 | 0% | held | |
| 19 | BLYTH INC | 0.2% | $1.1m | 77,184 | -61% | 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.