Kingstown Capital Management 13F holdings, Q2 2018
Holdings as of June 30, 2018 · filings on SEC EDGAR · latest filing →
Kingstown Capital Management disclosed 18 US equity positions worth $801.5m in its Q2 2018 13F filing. The largest position was ALTABA INC at 13.7% of the reported book, followed by PCG and GM. Against the Q1 2018 filing, it opened 5 new positions, added to 2 and reduced 1 among the top 18 holdings.
What did Kingstown Capital Management own in Q2 2018? Top 18 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2018 |
|---|---|---|---|---|---|---|---|
| 1 | ALTABA INC | 13.7% | $109.8m | 1,500,000 | 0% | held | |
| 2 | PCG PG&E CORP | Utilities | 8.0% | $63.8m | 1,500,000 | 0% | held |
| 3 | GM GENERAL MTRS CO | Consumer Cyclical | 7.4% | $59.1m | 1,500,000 | 0% | held |
| 4 | ADNT ADIENT PLC | Consumer Cyclical | 7.4% | $59.0m | 1,200,000 | -28% | reduced |
| 5 | MCDERMOTT INTL INC | 6.7% | $54.0m | 2,750,000 | – | new | |
| 6 | BNY BANK NEW YORK MELLON CORP | Financial Services | 6.7% | $53.9m | 1,000,000 | 0% | held |
| 7 | RITM NEW RESIDENTIAL INVT CORP | Real Estate | 6.5% | $52.5m | 3,000,000 | 0% | held |
| 8 | AXA EQUITABLE HLDGS 7.25 5/15 | 6.5% | $52.4m | 50,000,000 | – | new | |
| 9 | DXC DXC TECHNOLOGY CO | Technology | 6.0% | $48.4m | 600,000 | 0% | held |
| 10 | EBAY EBAY INC | Consumer Cyclical | 5.7% | $45.3m | 1,250,000 | 25% | added |
| 11 | FGL HLDGS | 5.3% | $42.8m | 5,100,000 | 5% | added | |
| 12 | PRSP PERSPECTA INC | 5.1% | $41.1m | 2,000,000 | – | new | |
| 13 | LIBERTY MEDIA CORP DELAWARE | 4.2% | $34.0m | 750,000 | 0% | held | |
| 14 | AXA EQUITABLE HLDGS INC | 3.2% | $25.8m | 1,250,000 | – | new | |
| 15 | LIBERTY MEDIA CORP DELAWARE | 2.8% | $22.5m | 500,000 | 0% | held | |
| 16 | COLONY CAP INC NEW | 2.3% | $18.7m | 3,000,000 | – | new | |
| 17 | FPH FIVE POINT HOLDINGS LLC | Real Estate | 2.0% | $16.3m | 1,450,000 | 0% | held |
| 18 | RIMINI STR INC DEL | 0.2% | $2.0m | 300,000 | 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.