Kingstown Capital Management 13F holdings, Q3 2020
Holdings as of September 30, 2020 · filings on SEC EDGAR · latest filing →
Kingstown Capital Management disclosed 15 US equity positions worth $162.4m in its Q3 2020 13F filing. The largest position was BX at 12.9% of the reported book, followed by ABX and MSFT. Against the Q2 2020 filing, it opened 5 new positions, added to 0 and reduced 10 among the top 15 holdings.
What did Kingstown Capital Management own in Q3 2020? Top 15 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2020 |
|---|---|---|---|---|---|---|---|
| 1 | BX BLACKSTONE GROUP INC | Financial Services | 12.9% | $20.9m | 400,000 | – | new |
| 2 | ABX BARRICK GOLD CORP | Financial Services | 12.1% | $19.6m | 700,000 | -20% | reduced |
| 3 | MSFT MICROSOFT CORP | Technology | 9.7% | $15.8m | 75,000 | -25% | reduced |
| 4 | TME TENCENT MUSIC ENTMT GROUP | Communication Services | 9.1% | $14.8m | 1,000,000 | -43% | reduced |
| 5 | BABA ALIBABA GROUP HLDG LTD | Consumer Cyclical | 8.1% | $13.2m | 45,000 | -55% | reduced |
| 6 | SINA CORP | 7.9% | $12.8m | 300,000 | – | new | |
| 7 | FCN FTI CONSULTING INC | Industrials | 6.5% | $10.6m | 100,000 | -38% | reduced |
| 8 | PINS PINTEREST INC | Communication Services | 5.1% | $8.3m | 200,000 | -20% | reduced |
| 9 | WIX WIX COM LTD | Technology | 5.1% | $8.3m | 32,500 | – | new |
| 10 | FE FIRSTENERGY CORP | Utilities | 4.4% | $7.2m | 250,000 | -50% | reduced |
| 11 | LIBERTY MEDIA CORP DEL | 4.1% | $6.6m | 200,000 | -43% | reduced | |
| 12 | LIBERTY MEDIA CORP DEL | 4.1% | $6.6m | 200,000 | -43% | reduced | |
| 13 | ELLINGTON FINANCIAL INC | 3.8% | $6.1m | 500,000 | -60% | reduced | |
| 14 | EXTENDED STAY AMER INC | 3.7% | $6.0m | 500,000 | – | new | |
| 15 | PERSHING SQUARE TONTINE HLDG | 3.5% | $5.7m | 250,000 | – | new |
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.