Kingstown Capital Management 13F holdings, Q2 2020
Holdings as of June 30, 2020 · filings on SEC EDGAR · latest filing →
Kingstown Capital Management disclosed 14 US equity positions worth $212.4m in its Q2 2020 13F filing. The largest position was TME at 11.1% of the reported book, followed by ABX and BABA. Against the Q1 2020 filing, it opened 5 new positions, added to 0 and reduced 9 among the top 14 holdings.
What did Kingstown Capital Management own in Q2 2020? Top 14 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2020 |
|---|---|---|---|---|---|---|---|
| 1 | TME TENCENT MUSIC ENTMT GROUP | Communication Services | 11.1% | $23.6m | 1,750,000 | -56% | reduced |
| 2 | ABX BARRICK GOLD CORPORATION | Financial Services | 11.0% | $23.5m | 875,000 | – | new |
| 3 | BABA ALIBABA GROUP HLDG LTD | Consumer Cyclical | 10.2% | $21.6m | 100,000 | – | new |
| 4 | MSFT MICROSOFT CORP | Technology | 9.6% | $20.4m | 100,000 | -56% | reduced |
| 5 | FE FIRSTENERGY CORP | Utilities | 9.1% | $19.4m | 500,000 | -50% | reduced |
| 6 | TWITTER INC | 9.1% | $19.4m | 650,000 | -57% | reduced | |
| 7 | FCN FTI CONSULTING INC | Industrials | 8.8% | $18.6m | 162,500 | – | new |
| 8 | ELLINGTON FINANCIAL INC | 6.9% | $14.7m | 1,250,000 | – | new | |
| 9 | LIBERTY MEDIA CORP DEL | 5.7% | $12.1m | 350,000 | -42% | reduced | |
| 10 | LIBERTY MEDIA CORP DEL | 5.7% | $12.1m | 350,000 | -42% | reduced | |
| 11 | S9Q SPIRIT AEROSYSTEMS HLDGS INC | 5.1% | $10.8m | 450,000 | -59% | reduced | |
| 12 | PINS PINTEREST INC | Communication Services | 2.6% | $5.5m | 250,000 | – | new |
| 13 | GTX GARRETT MOTION INC | Consumer Cyclical | 2.6% | $5.5m | 1,000,000 | -50% | reduced |
| 14 | SPT SPROUT SOCIAL INC | Technology | 2.5% | $5.4m | 200,000 | -43% | reduced |
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.