CIK 1565772
Long positions in SEC Section 13(f) securities (US-listed stocks, ADRs and ETFs), largest first · Δ vs 2018-Q2. A lagged quarterly snapshot (filed ≤45 days after quarter-end); excludes shorts, options, cash, and shares listed only on non-US exchanges — foreign companies held via a US listing or ADR (e.g. Alibaba, TSMC) ARE included.
As filed = each book applied at its quarter-end (what the reported book did) · As copyable = applied at its statutory 45-day filing deadline (what a 13F follower could have earned).
Computing…
Hypothetical modeled performance constructed with hindsight — not actual results, and not indicative of future results. See the Disclaimer.
| Industry group | Weight | Names |
|---|---|---|
| Unclassified | 61.64% | 9 |
| Diversified Telecommunication Services | 13.77% | 2 |
| Commercial Services & Supplies | 9.23% | 2 |
| Pharmaceuticals & Biotechnology | 6.55% | 1 |
| Health Care Providers & Services | 3.86% | 1 |
| Oil, Gas & Consumable Fuels | 2.63% | 1 |
| Distributors | 2.32% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | GNC HLDGS INC | Unclassified | 39.11% | |
| 2 | GOGO | Gogo Inc. | Communication Services | 10.49% |
| 3 | BHC | Bausch Health Companies Inc. | Health Care | 6.55% |
| 4 | MALLINCKRODT PLC | Unclassified | 5.15% | |
| 5 | UPBD | UPBOUND GROUP, INC. | Industrials | 5.01% |
| 6 | WHITING PETE CORP NEW | Unclassified | 4.64% | |
| 7 | CAR | AVIS BUDGET GROUP, INC. | Industrials | 4.22% |
| 8 | CYH | COMMUNITY HEALTH SYSTEMS INC | Health Care | 3.86% |
| 9 | LUMN | Lumen Technologies, Inc. | Communication Services | 3.28% |
| 10 | HERTZ GLOBAL HLDGS INC | Unclassified | 2.95% |
8/17 names classified · sector 38.4% of weight · industry 38.4% · mkt cap 35.7%; unclassified names shown, never dropped.
Sector is classified on each name's CURRENT fundamentals, not point-in-time — apparent sector drift can reflect the market re-rating a holding, not a manager trade. 13F is a lagged quarterly snapshot of long positions in US-listed securities only — foreign companies held via a US listing or ADR ARE included, but shares listed only on non-US exchanges (plus shorts, options and cash) are not. Latest quarter: 38.4% of the book is sector-classified (unclassified names shown, never dropped).
Only 32% of book weight classified — the grid is NOT representative of the whole book.
Classified: 31.5% of book weight (6/10 names) · unclassified 68.5%: , CAR, YPF, PSEC. Size: cap 70/20/10 bands; style: value/growth composite on our own metrics — not Morningstar's model.
No contribution data for this period.
| # | Security | Shares | Value | Weight | Δ QoQ |
|---|---|---|---|---|---|
| 1 | GNC HLDGS INC | 2,219,926 | $9M | 39.1% | ADD 90% |
| 2 | GOGOGOGO INC | 475,000 | $2M | 10.5% | ADD 850% |
| 3 | BHCBAUSCH HEALTH COS INC | 60,000 | $2M | 6.6% | NEW |
| 4 | MALLINCKRODT PLC | 41,297 | $1M | 5.1% | TRIM −83% |
| 5 | UPBDUPBOUND GROUP INC | 81,934 | $1M | 5.0% | HOLD |
| 6 | WHITING PETE CORP NEW | 20,550 | $1M | 4.6% | HOLD |
| 7 | CARAVIS BUDGET GROUP | 30,860 | $992,000 | 4.2% | HOLD |
| 8 | CYHCOMMUNITY HEALTH SYS INC NEW | 261,844 | $906,000 | 3.9% | HOLD |
| 9 | LUMNLUMEN TECHNOLOGIES INC | 36,300 | $770,000 | 3.3% | HOLD |
| 10 | HERTZ GLOBAL HLDGS INC | 42,429 | $693,000 | 2.9% | HOLD |
| 11 | YPFYPF SOCIEDAD ANONIMA | 40,000 | $618,000 | 2.6% | HOLD |
| 12 | PENNEY J C INC | 329,358 | $547,000 | 2.3% | ADD 216% |
| 13 | HLFHERBALIFE LTD | 10,000 | $546,000 | 2.3% | NEW |
| 14 | WEATHERFORD INTL PLC | 200,221 | $543,000 | 2.3% | HOLD |
| 15 | FRONTIER COMMUNICATIONS CORP | 75,000 | $487,000 | 2.1% | ADD 47% |
| 16 | TWITTER INC | 15,000 | $427,000 | 1.8% | NEW |
| 17 | PSECPROSPECT CAP CORP | 40,340 | $296,000 | 1.3% | HOLD |
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