$30.4 Million is the total value of Kingstown Capital's 47 reported holdings in Q3 2022. The portfolio turnover from Q2 2022 to Q3 2022 was 34.9% .
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| INFLECTION POINT ACQUSTN CORunit 09/21/2026 | $28,855,000 | +1.3% | 2,900,000 | 0.0% | 94.93% | +101.3% | ||
| PSFE | PAYSAFE LIMITEDord | $414,000 | -29.2% | 300,000 | 0.0% | 1.36% | +40.7% | |
| New | TH INTERNATIONAL LIMITED*w exp 12/15/202 | $155,000 | – | 450,000 | +100.0% | 0.51% | – | |
| BARK | BARK INC | $137,000 | +42.7% | 75,000 | 0.0% | 0.45% | +183.6% | |
| New | MONDEE HOLDINGS INC*w exp 07/18/202 | $128,000 | – | 200,000 | +100.0% | 0.42% | – | |
| GLBLW | Sell | CARTESIAN GROWTH CORP*w exp 02/26/202 | $97,000 | -53.6% | 352,800 | -2.0% | 0.32% | -7.8% |
| ASZWS | AUSTERLITZ ACQUISITION CORP*w exp 02/19/202 | $44,000 | -18.5% | 437,000 | 0.0% | 0.14% | +62.9% | |
| DHCAW | DHC ACQUISITION CORP*w exp 02/25/202 | $35,000 | +133.3% | 200,000 | 0.0% | 0.12% | +360.0% | |
| AUSWS | AUSTERLITZ ACQUISITION CORP*w exp 02/19/202 | $31,000 | -64.0% | 312,853 | 0.0% | 0.10% | -28.2% | |
| AACWS | ARES ACQUISITION CORPORATION*w exp 99/99/999 | $27,000 | -50.0% | 235,569 | 0.0% | 0.09% | 0.0% | |
| OEPWW | ONE EQUITY PARTNERS OPEN WTR*w exp 01/14/202 | $27,000 | -18.2% | 301,238 | 0.0% | 0.09% | +61.8% | |
| PVWS | PRIMAVERA CAPITAL ACQUIST CO*w exp 01/19/202 | $26,000 | -18.8% | 202,500 | 0.0% | 0.09% | +62.3% | |
| PAQCW | PROVIDENT ACQUISITION CORP*w exp 01/08/202 | $25,000 | +66.7% | 92,470 | 0.0% | 0.08% | +228.0% | |
| OCAXW | OCA ACQUISITION CORP*w exp 01/14/202 | $23,000 | +35.3% | 335,869 | 0.0% | 0.08% | +171.4% | |
| NRACW | NOBLE ROCK ACQUISITION CORP*w exp 01/31/202 | $23,000 | -28.1% | 350,000 | 0.0% | 0.08% | +43.4% | |
| Sell | ALPHA TAU MEDICAL LTD*w exp 03/07/202 | $22,000 | -71.4% | 50,000 | -68.9% | 0.07% | -43.3% | |
| FSNBWS | FUSION ACQUISITION CORP II*w exp 02/29/202 | $20,000 | -23.1% | 275,000 | 0.0% | 0.07% | +53.5% | |
| VELOW | VELOCITY ACQUISITION CORP*w exp 02/24/202 | $20,000 | -28.6% | 225,000 | 0.0% | 0.07% | +43.5% | |
| New | SEMANTIX INC*w exp 08/03/202 | $20,000 | – | 165,277 | +100.0% | 0.07% | – | |
| HHLAWS | HH&L ACQUISITION CO*w exp 02/04/202 | $18,000 | -67.3% | 325,000 | 0.0% | 0.06% | -35.2% | |
| ITQRW | ITIQUIRA ACQUISITION CORP*w exp 02/03/202 | $18,000 | -14.3% | 320,184 | 0.0% | 0.06% | +68.6% | |
| TLGAWS | TLG ACQUISITION ONE CORP*w exp 01/25/202 | $18,000 | -37.9% | 358,975 | 0.0% | 0.06% | +22.9% | |
| BIOTW | BIOTECH ACQUISITION COMPANY*w exp 11/30/202 | $18,000 | -33.3% | 300,000 | 0.0% | 0.06% | +31.1% | |
| AGGRW | AGILE GROWTH CORP*w exp 03/09/202 | $14,000 | -68.9% | 225,000 | 0.0% | 0.05% | -37.8% | |
| KLAQW | KL ACQUISITION CORP*w exp 01/12/202 | $14,000 | -33.3% | 200,000 | 0.0% | 0.05% | +31.4% | |
| SSAAW | SCIENCE STRATEGIC ACQ ALPHA*w exp 01/20/202 | $13,000 | -27.8% | 200,000 | 0.0% | 0.04% | +43.3% | |
| DLCAW | DEEP LAKE CAPITAL ACQUSTN CO*w exp 01/04/202 | $11,000 | -50.0% | 275,000 | 0.0% | 0.04% | 0.0% | |
| HLAHW | HAMILTON LANE ALLIANCE HLDGS*w exp 01/12/202 | $10,000 | -44.4% | 207,352 | 0.0% | 0.03% | +10.0% | |
| CSTAWS | CONSTELLATION ACQUISITN CORP*w exp 01/29/202 | $10,000 | -72.2% | 275,000 | 0.0% | 0.03% | -45.0% | |
| WPCBWS | WARBURG PINCUS CAPTAL CORP I*w exp 99/99/999 | $10,000 | -77.3% | 164,076 | 0.0% | 0.03% | -54.8% | |
| TWLVW | TWELVE SEAS INVESTMENT CO II*w exp 03/02/202 | $10,000 | -37.5% | 202,582 | 0.0% | 0.03% | +26.9% | |
| NSTBWS | NORTHERN STAR INVSTMNT CORP*w exp 01/31/202 | $9,000 | -71.0% | 300,000 | 0.0% | 0.03% | -41.2% | |
| ACIIWS | ATLAS CREST INVESTMENT CORP*w exp 02/03/202 | $9,000 | -70.0% | 215,000 | 0.0% | 0.03% | -40.0% | |
| CPTKWS | CROWN PROPTECH ACQUISITIONS*w exp 99/99/999 | $9,000 | -74.3% | 341,253 | 0.0% | 0.03% | -48.3% | |
| NVSAW | NEW VISTA ACQUISITION CORP*w exp 02/01/202 | $9,000 | -30.8% | 118,214 | 0.0% | 0.03% | +36.4% | |
| DNZWS | D AND Z MEDIA ACQUISITION CO*w exp 01/27/202 | $8,000 | -71.4% | 279,121 | 0.0% | 0.03% | -43.5% | |
| CRZNW | CORAZON CAPITAL V838 MONOCER*w exp 03/24/202 | $8,000 | -68.0% | 175,000 | 0.0% | 0.03% | -36.6% | |
| AEACW | AUTHENTIC EQUITY ACQUISTN CO*w exp 01/20/202 | $8,000 | -60.0% | 200,000 | 0.0% | 0.03% | -21.2% | |
| COVAW | COVA ACQUISITION CORP*w exp 02/05/202 | $7,000 | -69.6% | 226,403 | 0.0% | 0.02% | -39.5% | |
| KAHCWS | KKR ACQUISITION HOLDING I CO*w exp 03/17/202 | $7,000 | -68.2% | 60,568 | 0.0% | 0.02% | -36.1% | |
| RKTAWS | ROCKET INTERNET GRWT OPRT CO*w exp 99/99/999 | $6,000 | -64.7% | 100,000 | 0.0% | 0.02% | -28.6% | |
| JOFFW | JOFF FINTECH ACQUISITION COR*w exp 02/04/202 | $6,000 | -60.0% | 150,000 | 0.0% | 0.02% | -20.0% | |
| LCAAW | L CATTERTON ASIA ACQUISITION*w exp 03/08/202 | $4,000 | -63.6% | 109,064 | 0.0% | 0.01% | -27.8% | |
| FRONW | FRONTIER ACQUISITION CORP*w exp 03/04/202 | $4,000 | -50.0% | 36,986 | 0.0% | 0.01% | 0.0% | |
| LVRAW | LEVERE HOLDINGS CORP*w exp 03/09/202 | $3,000 | -66.7% | 100,000 | 0.0% | 0.01% | -33.3% | |
| ATVCW | IRIS ACQUISITION CORP*w exp 02/28/202 | $3,000 | -75.0% | 75,000 | 0.0% | 0.01% | -50.0% | |
| HTPAWS | HIGHLAND TRANSCEND PARTNERS*w exp 12/02/202 | $2,000 | -75.0% | 62,500 | 0.0% | 0.01% | -46.2% | |
| ISLEW | Exit | ISLEWORTH HEALTHCARE ACQU CO*w exp 08/02/202 | $0 | – | -214,286 | -100.0% | -0.01% | – |
| Exit | FORGE GLOBAL HOLDINGS INC*w exp 03/29/202 | $0 | – | -150,000 | -100.0% | -0.02% | – | |
| ASPCW | Exit | ALPHA CAPITAL ACQUISITION CO*w exp 02/16/202 | $0 | – | -165,277 | -100.0% | -0.07% | – |
| ITHXW | Exit | ITHAX ACQUISITION CORP*w exp 02/01/202 | $0 | – | -292,858 | -100.0% | -0.14% | – |
| SLCRW | Exit | SILVER CREST ACQUISITION COR*w exp 12/15/202 | $0 | – | -500,000 | -100.0% | -0.18% | – |
| Exit | RESERVOIR MEDIA INC*w exp 08/26/202 | $0 | – | -142,700 | -100.0% | -0.28% | – | |
| ASTS | Exit | AST SPACEMOBILE INC | $0 | – | -125,000 | -100.0% | -1.30% | – |
| ACII | Exit | ATLAS CREST INVESTMENT CORP | $0 | – | -150,000 | -100.0% | -2.44% | – |
| ASZ | Exit | AUSTERLITZ ACQUISITION CORP | $0 | – | -250,000 | -100.0% | -4.04% | – |
| RKTA | Exit | ROCKET INTERNET GRWT OPRT CO | $0 | – | -250,000 | -100.0% | -4.05% | – |
| KAHC | Exit | KKR ACQUISITION HOLDING I CO | $0 | – | -250,000 | -100.0% | -4.05% | – |
| ATVC | Exit | TRIBE CAPITAL GROWTH CORP I | $0 | – | -250,000 | -100.0% | -4.05% | – |
| LCAA | Exit | L CATTERTON ASIA ACQUISITION | $0 | – | -250,000 | -100.0% | -4.06% | – |
| FRON | Exit | FRONTIER ACQUISITION CORP | $0 | – | -250,000 | -100.0% | -4.06% | – |
| HLAH | Exit | HAMILTON LANE ALLIANCE HLDGS | $0 | – | -250,000 | -100.0% | -4.06% | – |
| CSTA | Exit | CONSTELLATION ACQUISITN CORP | $0 | – | -250,000 | -100.0% | -4.07% | – |
| AAC | Exit | ARES ACQUISITION CORPORATION | $0 | – | -250,000 | -100.0% | -4.07% | – |
| BTWN | Exit | BRIDGETOWN HOLDINGS LTD | $0 | – | -250,000 | -100.0% | -4.10% | – |
| CRZN | Exit | CORAZON CAPITAL V838 MONOCER | $0 | – | -275,000 | -100.0% | -4.45% | – |
Original filings
The following EDGAR filing(s) were analyzed to create this report:
- View 13F-HR filed 2022-11-14
About Kingstown Capital
Kingstown Capital is a New York-based hedge fund that was founded in 2006 by Chris DeMuth Jr. The firm has a value-oriented investment strategy and focuses on small-cap stocks. Kingstown Capital has a team of experienced professionals, including Chris DeMuth Jr. as the CEO, and Andrew Berger as the COO and Chief Investment Officer.
The firm has a strong track record of generating alpha for its investors. According to its website, Kingstown Capital has delivered an annualized return of 16.5% since its inception, outperforming the S&P 500 by over 10% per year. The firm's investment philosophy is centered around identifying undervalued companies with strong fundamentals and a catalyst for change.
Kingstown Capital's portfolio is diversified across various sectors, including technology, healthcare, and consumer goods. Some of the firm's top holdings include Avis Budget Group, Inc., Liberty TripAdvisor Holdings, Inc., and The Meet Group, Inc.
In recent years, Kingstown Capital has been actively involved in shareholder activism. The firm has taken positions in companies such as Sotheby's, Ashford Hospitality Trust, and Mack-Cali Realty Corporation, and has pushed for changes in management and corporate strategy.
Overall, Kingstown Capital is a well-respected hedge fund with a strong track record of generating alpha for its investors. The firm's value-oriented investment strategy and experienced team make it a compelling option for stock market investors looking for exposure to small-cap stocks.
It's important to note that this information is for educational purposes only and has not been fact-checked. As with any investment, it's important to do your own research and consult with a financial advisor before making any investment decisions.
Top long-term holdings
| Name | Quarters owned | Latest quarter owned | Max weighting |
|---|---|---|---|
| GENERAL MTRS CO | 26 | Q3 2019 | 9.1% |
| LIBERTY MEDIA CORP DELAWARE | 22 | Q3 2021 | 5.7% |
| LIBERTY MEDIA CORP DELAWARE | 22 | Q3 2021 | 5.7% |
| EBAY INC | 18 | Q4 2019 | 11.4% |
| NEW RESIDENTIAL INVT CORP | 14 | Q4 2018 | 7.8% |
| SUNCOKE ENERGY INC | 14 | Q3 2016 | 6.7% |
| QLT INC | 14 | Q3 2016 | 3.0% |
| BANK NEW YORK MELLON CORP | 13 | Q3 2018 | 9.5% |
| OCWEN FINL CORP | 12 | Q1 2017 | 17.2% |
| CITIZENS FINL GROUP INC | 12 | Q2 2017 | 8.3% |
View Kingstown Capital's complete holdings history.
Latest significant ownerships (13-D/G)
| Filed | Shares | Percentage | |
|---|---|---|---|
| Intuitive Machines, Inc. | February 24, 2023 | 17,688,750 | 67.1% |
| Inflection Point Acquisition Corp. | December 07, 2022 | 11,143,750 | 27.0% |
| Rimini Street, Inc. | February 16, 2021 | 1,097,200 | 1.4% |
| Legacy Education Alliance, Inc. | February 14, 2018 | 1,175,000 | 5.1% |
| Furiex Pharmaceuticals, Inc. | January 26, 2011 | 473,491 | 4.8% |
| QLT INC/BC | November 24, 2010 | 2,135,478 | 4.2% |
View Kingstown Capital's complete significant-ownership history.
Latest filings
| Type | Filed |
|---|---|
| 4 | 2023-08-16 |
| 4 | 2023-07-18 |
| 4 | 2023-02-24 |
| SC 13D/A | 2023-02-24 |
| 4 | 2023-02-14 |
| SC 13D/A | 2022-12-07 |
| 13F-HR | 2022-11-14 |
| 13F-HR | 2022-08-15 |
| 13F-HR | 2022-05-16 |
| 13F-HR | 2022-02-14 |
View Kingstown Capital's complete filings history.
All filings
- Holdings (13F-HR)
- Significant ownership (13-D/G)
- Insider transactions (4, 5, 6)
- Events (8-K)
- Shareholder votes (proxy)
View complete filings history.