WhaleCreep

Legion Partners Asset Management, LLC 13F holdings, Q3 2022

Hedge fundSEC filingsCompare with another fundHoldings as of 2022-09-30, filed 2022-11-14

Legion Partners Asset Management, LLC disclosed 14 US equity positions worth $276.9m in its Q3 2022 13F filing. Its largest position is DBRG at 13.8% of the reported book, followed by GCO and NTNX. Versus Q2 2022 it opened 2 new positions, added to 5, reduced 1 and exited 3.

$277m
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
14
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
13.8%
Largest position
The largest single position as a share of the reported equity book.
93.6%
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 2022: 2 new, 5 added, 1 reduced, 3 exited

14 rows
DBRG DIGITALBRIDGE GROUP INCFinancial Services13.8%$38.3m3.06m–new
GCO GENESCO INCConsumer Cyclical13.1%$36.3m922,1800.0%held
NTNX NUTANIX INCTechnology10.7%$29.5m1.42m+55%added
CCO CLEAR CHANNEL OUTDOOR HLDGSCommunication Services10.0%$27.6m20.17m0.0%held
OSPN ONESPAN INCTechnology9.9%$27.5m3.19m+12%added
USFD US FOODS HLDG CORPConsumer Defensive9.6%$26.7m1.01m0.0%held
LFCR LIFECORE BIOMEDICAL INCHealthcare9.4%$26.1m2.94m0.0%held
GU9 GUESS INC–8.8%$24.4m1.66m+1.0%added
MOMENTIVE GLOBAL INC no ticker–4.9%$13.6m2.33m+50%added
BLMN BLOOMIN BRANDS INCConsumer Cyclical3.3%$9.2m501,037–new
NNBR NN INCIndustrials2.6%$7.1m4.14m+1.6%added
LZ LEGALZOOM COM INCIndustrials2.1%$5.9m693,133−46%reduced
GSAT GLOBALSTAR INCCommunication Services1.4%$3.9m2.47m0.0%held
IWM ISHARES TR–0.3%$825k5,0000.0%held

Exited since Q2 2022

3 rows
CLNSEUR DIGITALBRIDGE GROUP INC15.5%$51.1m
MUSA MURPHY USA INC8.5%$28.2m
LE LANDS END INC NEW1.8%$5.9m

Sector mix

  • Technology20.6%
  • Consumer Cyclical16.4%
  • Unclassified14.0%
  • Financial Services13.8%
  • Communication Services11.4%
  • Consumer Defensive9.6%
  • Healthcare9.4%
  • Industrials4.7%

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