WhaleCreep

Legion Partners Asset Management, LLC 13F holdings, Q3 2023

Hedge fundSEC filingsCompare with another fundHoldings as of 2023-09-30, filed 2023-11-14

Legion Partners Asset Management, LLC disclosed 12 US equity positions worth $327.1m in its Q3 2023 13F filing. Its largest position is DBRG at 18.1% of the reported book, followed by NTNX and CCO. Versus Q2 2023 it opened 0 new positions, added to 3, reduced 0 and exited 1.

$327m
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
12
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
18.1%
Largest position
The largest single position as a share of the reported equity book.
95.0%
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 Q2 2023: 0 new, 3 added, 0 reduced, 1 exited

12 rows
DBRG DIGITALBRIDGE GROUP INCFinancial Services18.1%$59.1m3.36m−0.2%held
NTNX NUTANIX INCTechnology15.1%$49.2m1.41m−0.4%held
CCO CLEAR CHANNEL OUTDOOR HLDGSCommunication Services12.8%$41.9m26.53m+7.1%added
OSPN ONESPAN INCTechnology11.4%$37.3m3.47m−0.3%held
TWLO TWILIO INCTechnology10.8%$35.2m601,0500.0%held
BCBUSD PRIMO WATER CORPORATION–9.8%$32.0m2.32m0.0%held
LFCR LIFECORE BIOMEDICAL INCHealthcare6.8%$22.2m2.94m0.0%held
GTX GARRETT MOTION INCConsumer Cyclical3.9%$12.7m1.62m0.0%held
BLMN BLOOMIN BRANDS INCConsumer Cyclical3.8%$12.3m498,9310.0%held
GSAT GLOBALSTAR INCCommunication Services2.7%$9.0m6.83m+272%added
USFD US FOODS HLDG CORPConsumer Defensive2.5%$8.1m205,1850.0%held
NNBR NN INCIndustrials2.5%$8.1m4.33m+3.1%added

Exited since Q2 2023

1 row
GU9 GUESS INC5.8%$19.5m

Sector mix

  • Technology37.2%
  • Financial Services18.1%
  • Communication Services15.6%
  • Unclassified9.8%
  • Consumer Cyclical7.6%
  • Healthcare6.8%
  • Consumer Defensive2.5%
  • Industrials2.5%

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