WhaleCreep

Legion Partners Asset Management, LLC 13F holdings, Q3 2021

Hedge fundSEC filingsCompare with another fundHoldings as of 2021-09-30, filed 2021-11-15

Legion Partners Asset Management, LLC disclosed 11 US equity positions worth $415.9m in its Q3 2021 13F filing. Its largest position is VG1EUR at 21.6% of the reported book, followed by CLNSEUR and OSPN. Versus Q2 2021 it opened 1 new position, added to 4, reduced 3 and exited 0.

$416m
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
11
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
21.6%
Largest position
The largest single position as a share of the reported equity book.
99.0%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
8
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 2021: 1 new, 4 added, 3 reduced, 0 exited

11 rows
VG1EUR VONAGE HLDGS CORP–21.6%$89.7m5.56m0.0%held
CLNSEUR DIGITALBRIDGE GROUP INC–14.6%$60.6m10.05m−16%reduced
OSPN ONESPAN INCTechnology12.8%$53.1m2.83m+1.6%added
CCO CLEAR CHANNEL OUTDOOR HLDGSCommunication Services10.4%$43.2m15.95m+7.9%added
MOMENTIVE GLOBAL INC no ticker–9.5%$39.4m2.01m+6.4%added
GCO GENESCO INCConsumer Cyclical8.9%$36.9m638,680−28%reduced
MUSA MURPHY USA INCConsumer Cyclical8.6%$36.0m215,000–new
LFCR LIFECORE BIOMEDICAL INCHealthcare6.5%$27.0m2.93m0.0%held
NNBR NN INCIndustrials5.1%$21.3m4.05m+2.3%added
KSS KOHLS CORPConsumer Cyclical1.1%$4.7m99,7600.0%held
GSAT GLOBALSTAR INCCommunication Services1.0%$4.1m2.47m−55%reduced

Sector mix

  • Unclassified45.6%
  • Consumer Cyclical18.6%
  • Technology12.8%
  • Communication Services11.4%
  • Healthcare6.5%
  • Industrials5.1%

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