WhaleCreep

Legion Partners Asset Management, LLC 13F holdings, Q1 2019

Hedge fundSEC filingsCompare with another fundHoldings as of 2019-03-31, filed 2019-05-15

Legion Partners Asset Management, LLC disclosed 10 US equity positions worth $358.5m in its Q1 2019 13F filing. Its largest position is PZZA at 25.5% of the reported book, followed by BBBYEUR and VG1EUR. Versus Q4 2018 it opened 3 new positions, added to 3, reduced 0 and exited 6.

$359m
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.
25.5%
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.
7
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 Q4 2018: 3 new, 3 added, 0 reduced, 6 exited

10 rows
PZZA PAPA JOHNS INTL INCConsumer Cyclical25.5%$91.4m1.73m0.0%held
BBBYEUR BED BATH & BEYOND INC–16.5%$59.2m3.48m–new
VG1EUR VONAGE HLDGS CORP–13.1%$46.9m4.67m+26%added
PRMWUSD PRIMO WTR CORP–11.6%$41.7m2.70m+2.1%added
OSPN ONESPAN INCTechnology11.2%$40.2m2.09m0.0%held
UNVREUR UNIVAR SOLUTIONS INC–8.1%$29.1m1.31m–new
NNBR NN INCIndustrials7.4%$26.4m3.52m+67%added
FSTR FOSTER L B COIndustrials5.5%$19.8m1.05m0.0%held
GSAT GLOBALSTAR INCCommunication Services1.0%$3.4m7.94m–new
USA TECHNOLOGIES INC no ticker–0.1%$443k44,2500.0%held

Exited since Q4 2018

6 rows
EPC EDGEWELL PERSONAL CARE CO12.8%$41.9m
GCO GENESCO INC10.7%$35.0m
NEXEO SOLUTIONS INC no ticker9.3%$30.5m
WTWEUR WEIGHT WATCHERS INTL INC NEW3.0%$9.8m
SPSC SPS COMMERCE INC2.0%$6.7m
NEXEO SOLUTIONS INC no ticker2.0%$6.5m

Sector mix

  • Unclassified49.5%
  • Consumer Cyclical25.5%
  • Industrials12.9%
  • Technology11.2%
  • Communication Services1.0%

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