Kingstown Capital Management 13F holdings, Q3 2017
Holdings as of September 30, 2017 · filings on SEC EDGAR · latest filing →
Kingstown Capital Management disclosed 17 US equity positions worth $843.2m in its Q3 2017 13F filing. The largest position was ADNT at 19.9% of the reported book, followed by BNY and ALTABA INC. Against the Q2 2017 filing, it opened 3 new positions, added to 1 and reduced 8 among the top 17 holdings.
What did Kingstown Capital Management own in Q3 2017? Top 17 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2017 |
|---|---|---|---|---|---|---|---|
| 1 | ADNT ADIENT PLC | Consumer Cyclical | 19.9% | $168.0m | 2,000,000 | 0% | held |
| 2 | BNY BANK NEW YORK MELLON CORP | Financial Services | 9.4% | $79.5m | 1,500,000 | 0% | held |
| 3 | ALTABA INC | 7.9% | $66.2m | 1,000,000 | – | new | |
| 4 | GM GENERAL MTRS CO | Consumer Cyclical | 7.2% | $60.6m | 1,500,000 | -25% | reduced |
| 5 | CARS CARS COM INC | Communication Services | 7.1% | $59.9m | 2,250,000 | 350% | added |
| 6 | FOREST CITY RLTY TR INC | 6.8% | $57.4m | 2,250,000 | -25% | reduced | |
| 7 | DXC DXC TECHNOLOGY CO | Technology | 6.6% | $55.8m | 650,000 | -19% | reduced |
| 8 | HPE HEWLETT PACKARD ENTERPRISE C | Technology | 6.5% | $55.2m | 3,750,000 | -6% | reduced |
| 9 | EBAY EBAY INC | Consumer Cyclical | 5.7% | $48.1m | 1,250,000 | -17% | reduced |
| 10 | RITM NEW RESIDENTIAL INVT CORP | Real Estate | 4.5% | $37.6m | 2,250,000 | -25% | reduced |
| 11 | UHAL AMERCO | Industrials | 4.3% | $36.6m | 97,500 | – | new |
| 12 | AEROJET ROCKETDYNE HLDGS INC | 4.2% | $35.0m | 1,000,000 | -50% | reduced | |
| 13 | LIBERTY MEDIA CORP DELAWARE | 3.7% | $31.4m | 750,000 | 0% | held | |
| 14 | LIBERTY MEDIA CORP DELAWARE | 2.5% | $20.9m | 500,000 | 0% | held | |
| 15 | FPH FIVE POINT HOLDINGS LLC | Real Estate | 2.3% | $19.8m | 1,450,000 | 0% | held |
| 16 | PJT PJT PARTNERS INC | Financial Services | 1.1% | $9.6m | 250,000 | -58% | reduced |
| 17 | CF CORP | 0.2% | $1.7m | 150,000 | – | 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.