Kingstown Capital Management 13F holdings, Q3 2018
Holdings as of September 30, 2018 · filings on SEC EDGAR · latest filing →
Kingstown Capital Management disclosed 17 US equity positions worth $754.1m in its Q3 2018 13F filing. The largest position was ALTABA INC at 11.3% of the reported book, followed by PCG and MCDERMOTT INTL INC. Against the Q2 2018 filing, it opened 0 new positions, added to 6 and reduced 3 among the top 17 holdings.
What did Kingstown Capital Management own in Q3 2018? Top 17 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2018 |
|---|---|---|---|---|---|---|---|
| 1 | ALTABA INC | 11.3% | $85.2m | 1,250,000 | -17% | reduced | |
| 2 | PCG PG&E CORP | Utilities | 9.2% | $69.0m | 1,500,000 | 0% | held |
| 3 | MCDERMOTT INTL INC | 8.6% | $64.5m | 3,500,000 | 27% | added | |
| 4 | DXC DXC TECHNOLOGY CO | Technology | 7.4% | $56.1m | 600,000 | 0% | held |
| 5 | GM GENERAL MTRS CO | Consumer Cyclical | 7.1% | $53.9m | 1,600,000 | 7% | added |
| 6 | AXA EQUITABLE HLDGS 7.25 PER | 7.1% | $53.7m | 50,000,000 | 0% | held | |
| 7 | FGL HLDGS | 7.1% | $53.7m | 6,000,000 | 18% | added | |
| 8 | BNY BANK NEW YORK MELLON CORP | Financial Services | 7.1% | $53.5m | 1,050,000 | 5% | added |
| 9 | RITM NEW RESIDENTIAL INVT CORP | Real Estate | 7.1% | $53.5m | 3,000,000 | 0% | held |
| 10 | EBAY EBAY INC | Consumer Cyclical | 6.6% | $49.5m | 1,500,000 | 20% | added |
| 11 | LIBERTY MEDIA CORP DELAWARE | 4.3% | $32.6m | 750,000 | 0% | held | |
| 12 | PRSP PERSPECTA INC | 4.3% | $32.1m | 1,250,000 | -38% | reduced | |
| 13 | ADNT ADIENT PLC | Consumer Cyclical | 3.6% | $27.5m | 700,000 | -42% | reduced |
| 14 | AXA EQUITABLE HLDGS INC | 3.6% | $26.8m | 1,250,000 | 0% | held | |
| 15 | LIBERTY MEDIA CORP DELAWARE | 2.9% | $21.7m | 500,000 | 0% | held | |
| 16 | FPH FIVE POINT HOLDINGS LLC | Real Estate | 1.8% | $13.6m | 1,450,000 | 0% | held |
| 17 | RIMINI STR INC DEL | 0.9% | $7.1m | 1,125,000 | 275% | added |
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.