WhaleCreep

Legion Partners Asset Management, LLC 13F holdings, Q4 2018

Hedge fundSEC filingsCompare with another fundHoldings as of 2018-12-31, filed 2019-02-14

Legion Partners Asset Management, LLC disclosed 13 US equity positions worth $327.2m in its Q4 2018 13F filing. Its largest position is PZZA at 21.0% of the reported book, followed by EPC and PRMWUSD. Versus Q3 2018 it opened 1 new position, added to 5, reduced 3 and exited 1.

$327m
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.
21.0%
Largest position
The largest single position as a share of the reported equity book.
95.7%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
9
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 Q3 2018: 1 new, 5 added, 3 reduced, 1 exited

13 rows
PZZA PAPA JOHNS INTL INCConsumer Cyclical21.0%$68.7m1.73m0.0%held
EPC EDGEWELL PERSONAL CARE COConsumer Defensive12.8%$41.9m1.12m0.0%held
PRMWUSD PRIMO WTR CORP–11.3%$37.0m2.64m+26%added
GCO GENESCO INCConsumer Cyclical10.7%$35.0m789,144−8.7%reduced
VG1EUR VONAGE HLDGS CORP–9.9%$32.4m3.71m+57%added
NEXEO SOLUTIONS INC no ticker–9.3%$30.5m3.55m+0.9%added
OSPN ONESPAN INCTechnology8.3%$27.1m2.09m+4.0%added
FSTR FOSTER L B COIndustrials5.1%$16.7m1.05m0.0%held
NNBR NN INCIndustrials4.3%$14.1m2.10m+117%added
WTWEUR WEIGHT WATCHERS INTL INC NEW–3.0%$9.8m255,000–new
SPSC SPS COMMERCE INCTechnology2.0%$6.7m80,809−75%reduced
NEXEO SOLUTIONS INC no ticker–2.0%$6.5m755,797−11%reduced
USA TECHNOLOGIES INC no ticker–0.2%$763k44,2500.0%held

Exited since Q3 2018

1 row
NUTRI SYS INC NEW no ticker12.2%$57.3m

Sector mix

  • Unclassified35.8%
  • Consumer Cyclical31.7%
  • Consumer Defensive12.8%
  • Technology10.3%
  • Industrials9.4%

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