Kingstown Capital Management 13F holdings, Q4 2017
Holdings as of December 31, 2017 · filings on SEC EDGAR · latest filing →
Kingstown Capital Management disclosed 18 US equity positions worth $850.8m in its Q4 2017 13F filing. The largest position was ADNT at 18.5% of the reported book, followed by ALTABA INC and BNY. Against the Q3 2017 filing, it opened 3 new positions, added to 1 and reduced 2 among the top 18 holdings.
What did Kingstown Capital Management own in Q4 2017? Top 18 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2017 |
|---|---|---|---|---|---|---|---|
| 1 | ADNT ADIENT PLC | Consumer Cyclical | 18.5% | $157.4m | 2,000,000 | 0% | held |
| 2 | ALTABA INC | 10.3% | $87.3m | 1,250,000 | 25% | added | |
| 3 | BNY BANK NEW YORK MELLON CORP | Financial Services | 9.5% | $80.8m | 1,500,000 | 0% | held |
| 4 | DXC DXC TECHNOLOGY CO | Technology | 7.2% | $61.7m | 650,000 | 0% | held |
| 5 | GM GENERAL MTRS CO | Consumer Cyclical | 7.2% | $61.5m | 1,500,000 | 0% | held |
| 6 | HPE HEWLETT PACKARD ENTERPRISE C | Technology | 6.3% | $53.9m | 3,750,000 | 0% | held |
| 7 | EBAY EBAY INC | Consumer Cyclical | 5.5% | $47.2m | 1,250,000 | 0% | held |
| 8 | PCG PG&E CORP | Utilities | 5.3% | $44.8m | 1,000,000 | – | new |
| 9 | CARS CARS COM INC | Communication Services | 5.1% | $43.3m | 1,500,000 | -33% | reduced |
| 10 | RITM NEW RESIDENTIAL INVT CORP | Real Estate | 4.7% | $40.2m | 2,250,000 | 0% | held |
| 11 | AEROJET ROCKETDYNE HLDGS INC | 3.7% | $31.2m | 1,000,000 | 0% | held | |
| 12 | FOREST CITY RLTY TR INC | 3.5% | $30.1m | 1,250,000 | -44% | reduced | |
| 13 | LIBERTY MEDIA CORP DELAWARE | 3.5% | $29.7m | 750,000 | 0% | held | |
| 14 | FGL HLDGS | 3.3% | $27.7m | 2,750,000 | – | new | |
| 15 | FPH FIVE POINT HOLDINGS LLC | Real Estate | 2.4% | $20.4m | 1,450,000 | 0% | held |
| 16 | LIBERTY MEDIA CORP DELAWARE | 2.3% | $19.8m | 500,000 | 0% | held | |
| 17 | PJT PJT PARTNERS INC | Financial Services | 1.3% | $11.4m | 250,000 | 0% | held |
| 18 | RIMINI STR INC DEL | 0.3% | $2.4m | 300,000 | – | 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.