Kingstown Capital Management 13F holdings, Q3 2016
Holdings as of September 30, 2016 · filings on SEC EDGAR · latest filing →
Kingstown Capital Management disclosed 21 US equity positions worth $896.8m in its Q3 2016 13F filing. The largest position was HPE at 12.0% of the reported book, followed by CFG and RITM. Against the Q2 2016 filing, it opened 0 new positions, added to 3 and reduced 12 among the top 21 holdings.
What did Kingstown Capital Management own in Q3 2016? Top 21 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2016 |
|---|---|---|---|---|---|---|---|
| 1 | HPE HEWLETT PACKARD ENTERPRISE C | Technology | 12.0% | $108.1m | 4,750,000 | -5% | reduced |
| 2 | CFG CITIZENS FINL GROUP INC | Financial Services | 8.3% | $74.1m | 3,000,000 | -8% | reduced |
| 3 | RITM NEW RESIDENTIAL INVT CORP | Real Estate | 7.3% | $65.6m | 4,750,000 | -5% | reduced |
| 4 | GM GENERAL MTRS CO | Consumer Cyclical | 7.1% | $63.5m | 2,000,000 | 0% | held |
| 5 | CIT GROUP INC | 7.1% | $63.5m | 1,750,000 | -19% | reduced | |
| 6 | BNY BANK NEW YORK MELLON CORP | Financial Services | 6.7% | $59.8m | 1,500,000 | -19% | reduced |
| 7 | BKD BROOKDALE SR LIVING INC | Healthcare | 6.5% | $58.0m | 3,325,000 | -5% | reduced |
| 8 | AEROJET ROCKETDYNE HLDGS INC | 5.9% | $52.7m | 3,000,000 | -14% | reduced | |
| 9 | EBAY EBAY INC | Consumer Cyclical | 5.5% | $49.4m | 1,500,000 | -40% | reduced |
| 10 | COMPUTER SCIENCES CORP | 5.1% | $45.7m | 875,000 | 133% | added | |
| 11 | OCWEN FINL CORP | 3.5% | $31.2m | 8,500,000 | -25% | reduced | |
| 12 | LIBERTY MEDIA CORP DELAWARE | 3.4% | $30.1m | 900,000 | 0% | held | |
| 13 | SEARS HLDGS CORP | 3.3% | $29.8m | 2,600,000 | 4% | added | |
| 14 | NAVI NAVIENT CORP | Financial Services | 3.2% | $28.9m | 2,000,000 | -33% | reduced |
| 15 | PJT PJT PARTNERS INC | Financial Services | 3.0% | $27.3m | 1,000,000 | 11% | added |
| 16 | MCDERMOTT INTL CVT PREF | 3.0% | $26.6m | 1,500,000 | 0% | held | |
| 17 | SXC SUNCOKE ENERGY INC | Basic Materials | 2.2% | $20.1m | 2,500,000 | -29% | reduced |
| 18 | NATIONSTAR MTG HLDGS INC | 2.2% | $20.0m | 1,350,000 | 0% | held | |
| 19 | KLX INC | 2.2% | $19.4m | 550,000 | -56% | reduced | |
| 20 | LIBERTY MEDIA CORP DELAWARE | 1.9% | $17.0m | 500,000 | 0% | held | |
| 21 | QLT INC | 0.7% | $6.1m | 3,000,000 | 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.