Kingstown Capital Management 13F holdings, Q4 2014
Holdings as of December 31, 2014 · filings on SEC EDGAR · latest filing →
Kingstown Capital Management disclosed 17 US equity positions worth $689.3m in its Q4 2014 13F filing. The largest position was NWSA at 11.4% of the reported book, followed by GENCORP INC and S9Q. Against the Q3 2014 filing, it opened 4 new positions, added to 5 and reduced 1 among the top 17 holdings.
What did Kingstown Capital Management own in Q4 2014? Top 17 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2014 |
|---|---|---|---|---|---|---|---|
| 1 | NWSA NEWS CORP NEW | Communication Services | 11.4% | $78.5m | 5,000,000 | 25% | added |
| 2 | GENCORP INC | 10.0% | $68.6m | 3,750,000 | 7% | added | |
| 3 | S9Q SPIRIT AEROSYSTEMS HLDGS INC | 9.4% | $64.6m | 1,500,000 | 0% | held | |
| 4 | GM GENERAL MTRS CO | Consumer Cyclical | 8.9% | $61.1m | 1,750,000 | 9% | added |
| 5 | NATIONAL GEN HLDGS CORP | 8.8% | $60.5m | 3,250,000 | 0% | held | |
| 6 | TRCO TRIBUNE MEDIA CO | 7.4% | $50.8m | 850,000 | – | new | |
| 7 | MCDERMOTT INTERNATIONAL CVT PR | 7.4% | $50.8m | 4,000,000 | 60% | added | |
| 8 | NAVI NAVIENT CORP | Financial Services | 7.1% | $48.6m | 2,250,000 | 0% | held |
| 9 | SXC SUNCOKE ENERGY INC | Basic Materials | 6.4% | $43.9m | 2,270,000 | 14% | added |
| 10 | BABCOCK & WILCOX CO NEW | 5.5% | $37.9m | 1,250,000 | -38% | reduced | |
| 11 | AMERICAN RLTY CAP PPTYS INC | 5.3% | $36.2m | 4,000,000 | – | new | |
| 12 | CFG CITIZENS FINL GROUP INC | Financial Services | 3.6% | $24.9m | 1,000,000 | 0% | held |
| 13 | LIBERTY MEDIA CORP DELAWARE | 3.6% | $24.5m | 700,000 | 0% | held | |
| 14 | QLT INC | 1.9% | $13.0m | 3,250,000 | 0% | held | |
| 15 | LIBERTY MEDIA CORP DELAWARE | 1.8% | $12.3m | 350,000 | 0% | held | |
| 16 | 8L8C LIBERTY BROADBAND CORP | 1.3% | $8.7m | 174,999 | – | new | |
| 17 | LIBERTY BROADBAND CORP | 0.6% | $4.4m | 87,499 | – | 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.