WhaleCreep

Legion Partners Asset Management, LLC 13F holdings, Q3 2018

Hedge fundSEC filingsCompare with another fundHoldings as of 2018-09-30, filed 2018-11-14

Legion Partners Asset Management, LLC disclosed 13 US equity positions worth $471.5m in its Q3 2018 13F filing. Its largest position is PZZA at 18.8% of the reported book, followed by NUTRI SYS INC NEW and EPC. Versus Q2 2018 it opened 3 new positions, added to 2, reduced 5 and exited 2.

$472m
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
13
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
18.8%
Largest position
The largest single position as a share of the reported equity book.
94.4%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
10
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 Q2 2018: 3 new, 2 added, 5 reduced, 2 exited

13 rows
PZZA PAPA JOHNS INTL INCConsumer Cyclical18.8%$88.5m1.73m–new
NUTRI SYS INC NEW no ticker–12.2%$57.3m1.55m+28%added
EPC EDGEWELL PERSONAL CARE COConsumer Defensive11.0%$51.9m1.12m−41%reduced
NEXEO SOLUTIONS INC no ticker–9.1%$43.1m3.52m−18%reduced
GCO GENESCO INCConsumer Cyclical8.6%$40.7m864,744−16%reduced
OSPN ONESPAN INCTechnology8.1%$38.3m2.01m+285%added
PRMWUSD PRIMO WTR CORP–8.0%$37.8m2.09m−1.3%reduced
VG1EUR VONAGE HLDGS CORP–7.1%$33.5m2.36m0.0%held
SPSC SPS COMMERCE INCTechnology6.9%$32.4m326,4710.0%held
FSTR FOSTER L B COIndustrials4.6%$21.6m1.05m−32%reduced
NNBR NN INCIndustrials3.2%$15.1m967,891–new
NEXEO SOLUTIONS INC no ticker–2.2%$10.4m849,383–new
USA TECHNOLOGIES INC no ticker–0.2%$931k44,2500.0%held

Exited since Q2 2018

2 rows
CHEF CHEFS WHSE INC9.6%$38.8m
HABTEUR HABIT RESTAURANTS INC0.8%$3.3m

Sector mix

  • Unclassified38.8%
  • Consumer Cyclical27.4%
  • Technology15.0%
  • Consumer Defensive11.0%
  • Industrials7.8%

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