Kingstown Capital Management 13F holdings, Q2 2017
Holdings as of June 30, 2017 · filings on SEC EDGAR · latest filing →
Kingstown Capital Management disclosed 19 US equity positions worth $797.9m in its Q2 2017 13F filing. The largest position was ADNT at 16.4% of the reported book, followed by BNY and FOREST CITY RLTY TR INC. Against the Q1 2017 filing, it opened 5 new positions, added to 1 and reduced 5 among the top 19 holdings.
What did Kingstown Capital Management own in Q2 2017? Top 19 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2017 |
|---|---|---|---|---|---|---|---|
| 1 | ADNT ADIENT PLC | Consumer Cyclical | 16.4% | $130.8m | 2,000,000 | -20% | reduced |
| 2 | BNY BANK NEW YORK MELLON CORP | Financial Services | 9.6% | $76.5m | 1,500,000 | 20% | added |
| 3 | FOREST CITY RLTY TR INC | 9.1% | $72.5m | 3,000,000 | 0% | held | |
| 4 | GM GENERAL MTRS CO | Consumer Cyclical | 8.8% | $69.9m | 2,000,000 | -5% | reduced |
| 5 | HPE HEWLETT PACKARD ENTERPRISE C | Technology | 8.3% | $66.4m | 4,000,000 | 0% | held |
| 6 | DXC DXC TECHNOLOGY CO | Technology | 7.7% | $61.4m | 800,000 | – | new |
| 7 | EBAY EBAY INC | Consumer Cyclical | 6.6% | $52.4m | 1,500,000 | 0% | held |
| 8 | RITM NEW RESIDENTIAL INVT CORP | Real Estate | 5.9% | $46.7m | 3,000,000 | 0% | held |
| 9 | BKD BROOKDALE SR LIVING INC | Healthcare | 5.5% | $44.1m | 3,000,000 | 0% | held |
| 10 | AEROJET ROCKETDYNE HLDGS INC | 5.2% | $41.6m | 2,000,000 | 0% | held | |
| 11 | LIBERTY MEDIA CORP DELAWARE | 3.9% | $31.3m | 750,000 | 0% | held | |
| 12 | PJT PJT PARTNERS INC | Financial Services | 3.0% | $24.1m | 600,000 | -35% | reduced |
| 13 | FPH FIVE POINT HOLDINGS LLC | Real Estate | 2.7% | $21.4m | 1,450,000 | – | new |
| 14 | LIBERTY MEDIA CORP DELAWARE | 2.6% | $21.0m | 500,000 | 0% | held | |
| 15 | CARS CARS COM INC | Communication Services | 1.7% | $13.3m | 500,000 | – | new |
| 16 | CFG CITIZENS FINL GROUP INC | Financial Services | 1.1% | $8.9m | 250,000 | -75% | reduced |
| 17 | SEARS HLDGS CORP | 0.8% | $6.6m | 750,000 | -50% | reduced | |
| 18 | RITE AID CORP | 0.7% | $5.9m | 2,000,000 | – | new | |
| 19 | MIDSTATES PETE CO INC | 0.4% | $3.2m | 250,000 | – | 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.