Kingstown Capital Management 13F holdings, Q3 2014
Holdings as of September 30, 2014 · filings on SEC EDGAR · latest filing →
Kingstown Capital Management disclosed 14 US equity positions worth $684.1m in its Q3 2014 13F filing. The largest position was OCWEN FINL CORP at 17.2% of the reported book, followed by NWSA and S9Q. Against the Q2 2014 filing, it opened 3 new positions, added to 4 and reduced 3 among the top 14 holdings.
What did Kingstown Capital Management own in Q3 2014? Top 14 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2014 |
|---|---|---|---|---|---|---|---|
| 1 | OCWEN FINL CORP | 17.2% | $117.8m | 4,500,000 | 200% | added | |
| 2 | NWSA NEWS CORP NEW | Communication Services | 9.6% | $65.4m | 4,000,000 | -6% | reduced |
| 3 | S9Q SPIRIT AEROSYSTEMS HLDGS INC | 8.3% | $57.1m | 1,500,000 | -13% | reduced | |
| 4 | GENCORP INC | 8.2% | $55.9m | 3,500,000 | 17% | added | |
| 5 | BABCOCK & WILCOX CO NEW | 8.1% | $55.4m | 2,000,000 | 33% | added | |
| 6 | NATIONAL GEN HLDGS CORP | 8.0% | $54.9m | 3,250,000 | 0% | held | |
| 7 | MCDERMOTT INTERNATIONAL CVT PR | 7.9% | $54.3m | 2,500,000 | – | new | |
| 8 | GM GENERAL MTRS CO | Consumer Cyclical | 7.5% | $51.1m | 1,600,000 | 19% | added |
| 9 | SXC SUNCOKE ENERGY INC | Basic Materials | 6.6% | $44.9m | 2,000,000 | 0% | held |
| 10 | NAVI NAVIENT CORP | Financial Services | 5.8% | $39.8m | 2,250,000 | -6% | reduced |
| 11 | LIBERTY MEDIA CORP DELAWARE | 4.8% | $32.9m | 700,000 | – | new | |
| 12 | CFG CITIZENS FINL GROUP INC | Financial Services | 3.4% | $23.4m | 1,000,000 | – | new |
| 13 | LIBERTY MEDIA CORP DELAWARE | 2.4% | $16.5m | 350,000 | 0% | held | |
| 14 | QLT INC | 2.1% | $14.7m | 3,250,000 | 0% | held |
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.