WhaleCreep

Legion Partners Asset Management, LLC 13F holdings, Q2 2024

Hedge fundSEC filingsCompare with another fundHoldings as of 2024-06-30, filed 2024-08-14

Legion Partners Asset Management, LLC disclosed 12 US equity positions worth $269.4m in its Q2 2024 13F filing. Its largest position is AAP at 18.5% of the reported book, followed by DBRG and CHEF. Versus Q1 2024 it opened 1 new position, added to 4, reduced 5 and exited 2.

$269m
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.
18.5%
Largest position
The largest single position as a share of the reported equity book.
97.7%
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 Q1 2024: 1 new, 4 added, 5 reduced, 2 exited

12 rows
AAP ADVANCE AUTO PARTS INCConsumer Cyclical18.5%$49.8m786,250+1.7%added
DBRG DIGITALBRIDGE GROUP INCFinancial Services17.6%$47.3m3.45m+3.3%added
CHEF CHEFS WHSE INCConsumer Defensive16.0%$43.2m1.10m−17%reduced
CCO CLEAR CHANNEL OUTDOOR HLDGSCommunication Services13.6%$36.6m25.95m0.0%held
OSPN ONESPAN INCTechnology12.6%$33.9m2.65m−12%reduced
LFCR LIFECORE BIOMEDICAL INCHealthcare5.7%$15.2m2.97m+0.6%added
NNBR NN INCIndustrials5.3%$14.4m4.79m+12%added
PAYO PAYONEER GLOBAL INCTechnology4.6%$12.4m2.23m–new
GSAT GLOBALSTAR INCCommunication Services2.3%$6.1m5.42m−0.5%held
GTX GARRETT MOTION INCConsumer Cyclical1.7%$4.5m521,156−78%reduced
TWLO TWILIO INCTechnology1.2%$3.3m57,750−90%reduced
BCBUSD PRIMO WATER CORPORATION–1.0%$2.8m128,664−94%reduced

Exited since Q1 2024

2 rows
VFC V F CORP4.4%$19.0m
BLMN BLOOMIN BRANDS INC1.9%$8.0m

Sector mix

  • Consumer Cyclical20.1%
  • Technology18.4%
  • Financial Services17.6%
  • Consumer Defensive16.0%
  • Communication Services15.8%
  • Healthcare5.7%
  • Industrials5.3%
  • Unclassified1.0%

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