WhaleCreep

Legion Partners Asset Management, LLC 13F holdings, Q2 2017

Hedge fundSEC filingsCompare with another fundHoldings as of 2017-06-30, filed 2017-08-14

Legion Partners Asset Management, LLC disclosed 10 US equity positions worth $219.6m in its Q2 2017 13F filing. Its largest position is BANC at 28.4% of the reported book, followed by FSTR and WIFI. Versus Q1 2017 it opened 2 new positions, added to 3, reduced 2 and exited 3.

$220m
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
10
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
28.4%
Largest position
The largest single position as a share of the reported equity book.
100%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
6
Effective positions
1 / HHI of portfolio weights: the number of equal-weight positions the book behaves like.
39
Quarters on file since Q4 2016
Quarters for which this manager's 13F holdings are on record.

Holdings

Against Q1 2017: 2 new, 3 added, 2 reduced, 3 exited

10 rows
BANC BANC OF CALIFORNIA INCFinancial Services28.4%$62.4m2.90m+3.2%added
FSTR FOSTER L B COIndustrials15.5%$34.0m1.58m+4.7%added
WIFI BOINGO WIRELESS INC–13.3%$29.2m1.95m−7.9%reduced
FN FABRINETTechnology9.7%$21.4m500,809–new
CHEF CHEFS WHSE INCConsumer Defensive9.1%$19.9m1.53m+43%added
VG1EUR VONAGE HLDGS CORP–7.2%$15.9m2.43m−1.9%reduced
BROADSOFT INC no ticker–6.8%$15.0m349,391–new
RCMT RCM TECHNOLOGIES INC–5.3%$11.7m2.32m0.0%held
TBNKUSD TERRITORIAL BANCORP INC–4.1%$9.1m291,6470.0%held
USA TECHNOLOGIES INC no ticker–0.5%$1.0m44,2500.0%held

Exited since Q1 2017

3 rows
SHORETEL INC no ticker3.0%$5.0m
CIBER INC no ticker2.9%$4.9m
TRECORA RES no ticker0.09%$157k

Sector mix

  • Unclassified37.3%
  • Financial Services28.4%
  • Industrials15.5%
  • Technology9.7%
  • Consumer Defensive9.1%

Book over time

Every quarter on file (39)
QuarterPositionsEquity book
Q2 20262$40.6m
Q1 20266$138m
Q4 20257$172m
Q3 20257$185m
Q2 20257$166m
Q1 20257$151m
Q4 20247$171m
Q3 202411$250m
Q2 202412$269m
Q1 202413$432m
Q4 202313$384m
Q3 202312$327m
Q2 202313$337m
Q1 202314$340m
Q4 202213$295m
Q3 202214$277m
Q2 202215$330m
Q1 202212$420m
Q4 202112$406m
Q3 202111$416m
Q2 202110$459m
Q1 202111$461m
Q4 202011$349m
Q3 202012$358m
Q2 202013$345m
Q1 202013$232m
Q4 201911$366m
Q3 201911$395m
Q2 201912$394m
Q1 201910$359m
Q4 201813$327m
Q3 201813$472m
Q2 201812$403m
Q1 201813$343m
Q4 201713$275m
Q3 201711$279m
Q2 201710$220m
Q1 201711$166m
Q4 201612$144m

Where Legion Partners Asset Management, LLC was early

9 rows
FN FABRINETQ2 20175 of 1369.7%9.8%4Exited by Q2 2018−26%
EPC EDGEWELL PERS CARE COQ1 20184 of 10910.8%23.8%4Exited by Q1 2019−23%
SPSC SPS COMM INCQ1 20185 of 1096.1%6.9%4Exited by Q1 2019+29%
OSPN ONESPAN INCQ2 20181 of 772.5%18.4%26Exited by Q4 2024−15%
PZZA PAPA JOHNS INTL INCQ3 20188 of 12418.8%25.5%5Exited by Q4 2019+2.1%
GSAT GLOBALSTAR INCQ1 201910 of 1151.0%2.8%23Exited by Q4 2024+188%
LFCR LIFECORE BIOMEDICAL INCQ3 20192 of 541.7%57.8%28Held at last filing, Q2 2026−52%
LZ LEGALZOOM COM INCQ4 20212 of 1093.6%4.3%4Exited by Q4 2022−47%
DBRG DIGITALBRIDGE GROUP INCQ3 20221 of 12513.8%22.7%14Exited by Q1 2026+23%

Concentration and tenure

20.6%
Median largest position, all quarters
The largest single position as a share of the reported equity book.
98.5%
Median top 10 weight, all quarters
The ten largest positions together, as a share of the reported equity book.
Concentrated
Style, by median largest position
4
Median completed holding, quarters