Kingstown Capital Management 13F holdings, Q4 2019
Holdings as of December 31, 2019 · filings on SEC EDGAR · latest filing →
Kingstown Capital Management disclosed 13 US equity positions worth $344.3m in its Q4 2019 13F filing. The largest position was FGL HLDGS at 17.0% of the reported book, followed by BABA and AXA EQUITABLE HLDGS. Against the Q3 2019 filing, it opened 1 new position, added to 0 and reduced 6 among the top 13 holdings.
What did Kingstown Capital Management own in Q4 2019? Top 13 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2019 |
|---|---|---|---|---|---|---|---|
| 1 | FGL HLDGS | 17.0% | $58.6m | 5,500,000 | -21% | reduced | |
| 2 | BABA ALIBABA GROUP HLDG LTD | Consumer Cyclical | 15.4% | $53.0m | 250,000 | -17% | reduced |
| 3 | AXA EQUITABLE HLDGS | 15.1% | $52.0m | 45,000,000 | 0% | held | |
| 4 | TME TENCENT MUSIC ENTMT GROUP | Communication Services | 12.4% | $42.6m | 3,625,000 | 0% | held |
| 5 | KKR KKR & CO INC | Financial Services | 10.6% | $36.5m | 1,250,000 | 0% | held |
| 6 | EBAY EBAY INC | Consumer Cyclical | 7.9% | $27.1m | 750,000 | -25% | reduced |
| 7 | LIBERTY MEDIA CORP DELAWARE | 5.6% | $19.3m | 400,000 | 0% | held | |
| 8 | LIBERTY MEDIA CORP DELAWARE | 5.6% | $19.3m | 400,000 | 0% | held | |
| 9 | AXA EQUITABLE HLDGS INC | 3.6% | $12.4m | 500,000 | -58% | reduced | |
| 10 | RP REALPAGE INC | 3.1% | $10.8m | 200,000 | – | new | |
| 11 | FPH FIVE POINT HOLDINGS LLC | Real Estate | 2.5% | $8.7m | 1,250,000 | -14% | reduced |
| 12 | RIMINI STR INC DEL | 1.0% | $3.5m | 900,000 | -10% | reduced | |
| 13 | MEDLEY MGMT INC | 0.2% | $740.0k | 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.