Kingstown Capital Management 13F holdings, Q4 2013
Holdings as of December 31, 2013 · filings on SEC EDGAR · latest filing →
Kingstown Capital Management disclosed 22 US equity positions worth $806.1m in its Q4 2013 13F filing. The largest position was VODAFONE GROUP PLC NEW at 10.7% of the reported book, followed by NWSA and BABCOCK & WILCOX CO NEW. Against the Q3 2013 filing, it opened 5 new positions, added to 8 and reduced 5 among the top 22 holdings.
What did Kingstown Capital Management own in Q4 2013? Top 22 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2013 |
|---|---|---|---|---|---|---|---|
| 1 | VODAFONE GROUP PLC NEW | 10.7% | $86.5m | 2,200,000 | 0% | held | |
| 2 | NWSA NEWS CORP NEW | Communication Services | 10.1% | $81.1m | 4,500,000 | 2% | added |
| 3 | BABCOCK & WILCOX CO NEW | 7.6% | $61.5m | 1,800,000 | 29% | added | |
| 4 | GM GENERAL MTRS CO | Consumer Cyclical | 7.6% | $61.5m | 1,505,287 | 0% | held |
| 5 | S9Q SPIRIT AEROSYSTEMS HLDGS INC | 7.4% | $59.6m | 1,750,000 | 17% | added | |
| 6 | SXC SUNCOKE ENERGY INC | Basic Materials | 5.7% | $45.6m | 2,000,000 | -23% | reduced |
| 7 | GENCORP INC | 5.6% | $45.0m | 2,500,000 | 43% | added | |
| 8 | AMERICAN RLTY CAP PPTYS INC | 5.6% | $45.0m | 3,500,000 | – | new | |
| 9 | MCDERMOTT INTL INC | 5.4% | $43.5m | 4,750,000 | – | new | |
| 10 | LIBERTY MEDIA CORP DELAWARE | 4.5% | $36.6m | 250,000 | 11% | added | |
| 11 | PHH CORP | 4.5% | $36.5m | 1,500,000 | -14% | reduced | |
| 12 | RHP RYMAN HOSPITALITY PPTYS INC | Real Estate | 4.4% | $35.5m | 850,000 | 0% | held |
| 13 | MARVELL TECHNOLOGY GROUP LTD | 4.0% | $32.4m | 2,250,000 | 0% | held | |
| 14 | LENDER PROCESSING SVCS INC | 3.7% | $29.9m | 800,000 | -6% | reduced | |
| 15 | ETRA E TRADE FINANCIAL CORP | 3.7% | $29.5m | 1,500,000 | -37% | reduced | |
| 16 | AMH AMERICAN HOMES 4 RENT | Real Estate | 3.3% | $26.7m | 1,650,000 | 22% | added |
| 17 | QLT INC | 2.2% | $18.1m | 3,250,000 | 3% | added | |
| 18 | GD GENERAL DYNAMICS CORP | Industrials | 1.8% | $14.3m | 150,000 | -40% | reduced |
| 19 | BARNES & NOBLE INC | 1.7% | $13.5m | 900,000 | 20% | added | |
| 20 | FOREST CITY ENTERPRISES INC | 0.4% | $3.3m | 175,000 | – | new | |
| 21 | GM GENERAL MTRS CO | 0.0% | $150.0k | 4,806 | – | new | |
| 22 | GM GENERAL MTRS CO | 0.0% | $111.0k | 4,806 | – | 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.