Kingstown Capital Management 13F holdings, Q2 2019
Holdings as of June 30, 2019 · filings on SEC EDGAR · latest filing →
Kingstown Capital Management disclosed 15 US equity positions worth $549.2m in its Q2 2019 13F filing. The largest position was MCDERMOTT INTL INC at 14.1% of the reported book, followed by ALTABA INC and EBAY. Against the Q1 2019 filing, it opened 0 new positions, added to 5 and reduced 0 among the top 15 holdings.
What did Kingstown Capital Management own in Q2 2019? Top 15 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2019 |
|---|---|---|---|---|---|---|---|
| 1 | MCDERMOTT INTL INC | 14.1% | $77.3m | 8,000,000 | 33% | added | |
| 2 | ALTABA INC | 12.6% | $69.4m | 1,000,000 | 0% | held | |
| 3 | EBAY EBAY INC | Consumer Cyclical | 10.8% | $59.2m | 1,500,000 | 0% | held |
| 4 | FGL HLDGS | 10.7% | $58.8m | 7,000,000 | 0% | held | |
| 5 | TME TENCENT MUSIC ENTMT GROUP | Communication Services | 9.6% | $52.5m | 3,500,000 | 47% | added |
| 6 | DXC DXC TECHNOLOGY CO | Technology | 8.8% | $48.3m | 875,000 | 9% | added |
| 7 | AXA EQUITABLE HLDGS | 8.4% | $46.3m | 45,000,000 | 0% | held | |
| 8 | AXA EQUITABLE HLDGS INC | 7.6% | $41.8m | 2,000,000 | 0% | held | |
| 9 | KKR KKR & CO INC | Financial Services | 5.2% | $28.4m | 1,125,000 | 125% | added |
| 10 | GM GENERAL MTRS CO | Consumer Cyclical | 3.5% | $19.3m | 500,000 | 0% | held |
| 11 | LIBERTY MEDIA CORP DELAWARE | 2.8% | $15.2m | 400,000 | 0% | held | |
| 12 | LIBERTY MEDIA CORP DELAWARE | 2.8% | $15.1m | 400,000 | 0% | held | |
| 13 | FPH FIVE POINT HOLDINGS LLC | Real Estate | 2.0% | $10.9m | 1,450,000 | 0% | held |
| 14 | RIMINI STR INC DEL | 1.1% | $6.1m | 1,152,067 | 2% | added | |
| 15 | MEDLEY MGMT INC | 0.1% | $615.0k | 250,000 | 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.