$291 Million is the total value of Kingstown Capital's 99 reported holdings in Q1 2021. The portfolio turnover from Q4 2020 to Q1 2021 was - .
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| INTC | New | INTEL CORP | $6,400,000 | – | 100,000 | +100.0% | 2.20% | – |
| ACII | New | ATLAS CREST INVESTMENT CORP | $5,868,000 | – | 599,996 | +100.0% | 2.02% | – |
| COWN | New | COWEN INCcl a new | $5,273,000 | – | 150,000 | +100.0% | 1.81% | – |
| COLIU | New | COLICITY INCunit 02/24/2026 | $4,040,000 | – | 400,000 | +100.0% | 1.39% | – |
| SCOA | New | SCION TECH GROWTH I | $3,920,000 | – | 400,000 | +100.0% | 1.35% | – |
| ENFA | New | 890 5TH AVE PARTNERS INC | $3,876,000 | – | 400,000 | +100.0% | 1.33% | – |
| RKTAU | New | ROCKET INTERNET GRWT OPRT COunit 99/99/9999 | $3,253,000 | – | 325,000 | +100.0% | 1.12% | – |
| CRZNU | New | CORAZON CAPITAL V838 MONOCERunit 03/24/2026 | $3,234,000 | – | 325,000 | +100.0% | 1.11% | – |
| MOTV | New | MOTIVE CAPITAL CORP | $3,185,000 | – | 325,000 | +100.0% | 1.10% | – |
| PPGH | New | POEMA GLOBAL HOLDINGS CORP | $3,179,000 | – | 325,000 | +100.0% | 1.09% | – |
| KLAQ | New | KL ACQUISITION CORP | $3,153,000 | – | 325,000 | +100.0% | 1.08% | – |
| TLGA | New | TLG ACQUISITION ONE CORP | $3,146,000 | – | 325,000 | +100.0% | 1.08% | – |
| ATVCU | New | TRIBE CAPITAL GROWTH CORP Iunit 02/24/2026 | $3,015,000 | – | 300,000 | +100.0% | 1.04% | – |
| SNIIU | New | SUPERNOVA PARTNERS ACQUISTNunit 99/99/9999 | $3,012,000 | – | 300,000 | +100.0% | 1.04% | – |
| ASZU | New | AUSTERLITZ ACQUISITION CORPunit 99/99/9999 | $3,009,000 | – | 300,000 | +100.0% | 1.04% | – |
| KAHCU | New | KKR ACQUISITION HOLDING I COunit 99/99/9999 | $3,003,000 | – | 300,000 | +100.0% | 1.03% | – |
| THMAU | New | THIMBLE POINT ACQUISITION COunit 99/99/9999 | $3,000,000 | – | 300,000 | +100.0% | 1.03% | – |
| NVSAU | New | NEW VISTA ACQUISITION CORPunit 02/01/2026 | $2,997,000 | – | 300,000 | +100.0% | 1.03% | – |
| DHCAU | New | DHC ACQUISITION CORPunit 02/25/2026 | $2,997,000 | – | 300,000 | +100.0% | 1.03% | – |
| ASPCU | New | ALPHA CAPITAL ACQUISITION COunit 02/16/2026 | $2,997,000 | – | 300,000 | +100.0% | 1.03% | – |
| WPCBU | New | WARBURG PINCUS CAPTAL CORP Iunit 99/99/9999 | $2,994,000 | – | 300,000 | +100.0% | 1.03% | – |
| KVSC | New | KHOSLA VENTURES ACQUT CO III | $2,988,000 | – | 300,000 | +100.0% | 1.03% | – |
| LVRAU | New | LEVERE HOLDINGS CORPunit 03/09/2026 | $2,988,000 | – | 300,000 | +100.0% | 1.03% | – |
| COVAU | New | COVA ACQUISITION CORPunit 04/01/2021 | $2,985,000 | – | 300,000 | +100.0% | 1.03% | – |
| GLBLU | New | CARTESIAN GROWTH CORPunit 02/26/2028 | $2,985,000 | – | 300,000 | +100.0% | 1.03% | – |
| LCAAU | New | L CATTERTON ASIA ACQUISITIONunit 03/11/2026 | $2,985,000 | – | 300,000 | +100.0% | 1.03% | – |
| CPTKU | New | CROWN PROPTECH ACQUISITIONSunit 99/99/9999 | $2,982,000 | – | 300,000 | +100.0% | 1.02% | – |
| ITQRU | New | ITIQUIRA ACQUISITION CORPunit 02/03/2026 | $2,982,000 | – | 300,000 | +100.0% | 1.02% | – |
| FRONU | New | FRONTIER ACQUISITION CORPunit 03/01/2026 | $2,979,000 | – | 300,000 | +100.0% | 1.02% | – |
| FSNBU | New | FUSION ACQUISITION CORP IIunit 02/29/2028 | $2,979,000 | – | 300,000 | +100.0% | 1.02% | – |
| AGGRU | New | AGILE GROWTH CORPunit 03/09/2026 | $2,979,000 | – | 300,000 | +100.0% | 1.02% | – |
| FOREU | New | FORESIGHT ACQUISITION CORPunit 01/29/2026 | $2,973,000 | – | 300,000 | +100.0% | 1.02% | – |
| AAC | New | ARES ACQUISITION CORPORATION | $2,970,000 | – | 300,000 | +100.0% | 1.02% | – |
| KIIIU | New | KISMET ACQUISITION THREE CORunit 99/99/9999 | $2,964,000 | – | 300,000 | +100.0% | 1.02% | – |
| GIGGU | New | GIGCAPITAL4 INCunit 99/99/9999 | $2,961,000 | – | 300,000 | +100.0% | 1.02% | – |
| VELOU | New | VELOCITY ACQUISITION CORPunit 99/99/9999 | $2,958,000 | – | 300,000 | +100.0% | 1.02% | – |
| TWLVU | New | TWELVE SEAS INVESTMENT CO IIunit 99/99/9999 | $2,955,000 | – | 300,000 | +100.0% | 1.02% | – |
| ROT | New | ROTOR ACQUISITION CORP | $2,940,000 | – | 300,000 | +100.0% | 1.01% | – |
| DLCA | New | DEEP LAKE CAPITAL ACQUSTN CO | $2,940,000 | – | 300,000 | +100.0% | 1.01% | – |
| COOL | New | CORNER GROWTH ACQUISITION CO | $2,937,000 | – | 300,000 | +100.0% | 1.01% | – |
| JOFF | New | JOFF FINTECH ACQUISITION COR | $2,934,000 | – | 300,000 | +100.0% | 1.01% | – |
| PAQC | New | PROVIDENT ACQUISITION CORPcl a | $2,931,000 | – | 300,000 | +100.0% | 1.01% | – |
| OEPW | New | ONE EQUITY PARTNERS OPEN WTRcl a | $2,928,000 | – | 300,000 | +100.0% | 1.01% | – |
| SVOK | New | SEVEN OAKS ACQUISITION CORP | $2,925,000 | – | 300,000 | +100.0% | 1.01% | – |
| ITHX | New | ITHAX ACQUISITION CORP | $2,925,000 | – | 300,000 | +100.0% | 1.01% | – |
| HLAH | New | HAMILTON LANE ALLIANCE HLDGS | $2,925,000 | – | 300,000 | +100.0% | 1.01% | – |
| HHLA | New | HH&L ACQUISITION CO | $2,925,000 | – | 300,000 | +100.0% | 1.01% | – |
| PACX | New | PIONEER MERGER CORP | $2,916,000 | – | 300,000 | +100.0% | 1.00% | – |
| BIOT | New | BIOTECH ACQUISITION COMPANY | $2,916,000 | – | 300,000 | +100.0% | 1.00% | – |
| SLCR | New | SILVER CREST ACQUISITION COR | $2,910,000 | – | 300,000 | +100.0% | 1.00% | – |
| ISLE | New | ISLEWORTH HEALTHCARE ACQU CO | $2,907,000 | – | 300,000 | +100.0% | 1.00% | – |
| DNZ | New | D AND Z MEDIA ACQUISITION CO | $2,901,000 | – | 300,000 | +100.0% | 1.00% | – |
| HCCC | New | HEALTHCARE CAPITAL CORP | $2,898,000 | – | 300,000 | +100.0% | 1.00% | – |
| CSTA | New | CONSTELLATION ACQUISITN CORP | $2,895,000 | – | 300,000 | +100.0% | 1.00% | – |
| SSAAU | New | SCIENCE STRATEGIC ACQ ALPHAunit 01/20/2026 | $2,734,000 | – | 275,000 | +100.0% | 0.94% | – |
| OCAX | New | OCA ACQUISITION CORP | $2,687,000 | – | 275,000 | +100.0% | 0.92% | – |
| AEAC | New | AUTHENTIC EQUITY ACQUISTN CO | $2,668,000 | – | 275,000 | +100.0% | 0.92% | – |
| NAAC | New | NORTH ATLANTIC ACQUISITN COR | $2,488,000 | – | 250,000 | +100.0% | 0.86% | – |
| NRAC | New | NOBLE ROCK ACQUISITION CORP | $2,437,000 | – | 249,996 | +100.0% | 0.84% | – |
| PV | New | PRIMAVERA CAPITAL ACQUIST CO | $1,960,000 | – | 200,000 | +100.0% | 0.67% | – |
| AACU | New | ARES ACQUISITION CORPORATIONunit 99/99/9999 | $1,000,000 | – | 100,000 | +100.0% | 0.34% | – |
| ENFAW | New | 890 5TH AVE PARTNERS INC*w exp 01/12/202 | $223,000 | – | 250,000 | +100.0% | 0.08% | – |
| ISLEW | New | ISLEWORTH HEALTHCARE ACQU CO*w exp 08/02/202 | $187,000 | – | 400,000 | +100.0% | 0.06% | – |
| ITHXW | New | ITHAX ACQUISITION CORP*w exp 02/01/202 | $176,000 | – | 206,600 | +100.0% | 0.06% | – |
| OEPWW | New | ONE EQUITY PARTNERS OPEN WTR*w exp 01/14/202 | $175,000 | – | 250,000 | +100.0% | 0.06% | – |
| SLCRW | New | SILVER CREST ACQUISITION COR*w exp 12/15/202 | $153,000 | – | 300,000 | +100.0% | 0.05% | – |
| BIOTW | New | BIOTECH ACQUISITION COMPANY*w exp 11/30/202 | $150,000 | – | 250,000 | +100.0% | 0.05% | – |
| DLCAW | New | DEEP LAKE CAPITAL ACQUSTN CO*w exp 01/04/202 | $150,000 | – | 250,000 | +100.0% | 0.05% | – |
| ROTWS | New | ROTOR ACQUISITION CORP*w exp 06/15/202 | $146,000 | – | 225,261 | +100.0% | 0.05% | – |
| TLGAWS | New | TLG ACQUISITION ONE CORP*w exp 01/25/202 | $143,000 | – | 250,000 | +100.0% | 0.05% | – |
| KLAQW | New | KL ACQUISITION CORP*w exp 01/12/202 | $130,000 | – | 200,000 | +100.0% | 0.04% | – |
| CSTAWS | New | CONSTELLATION ACQUISITN CORP*w exp 01/29/202 | $128,000 | – | 200,000 | +100.0% | 0.04% | – |
| ACIIWS | New | ATLAS CREST INVESTMENT CORP*w exp 02/03/202 | $127,000 | – | 149,999 | +100.0% | 0.04% | – |
| OCAXW | New | OCA ACQUISITION CORP*w exp 01/14/202 | $127,000 | – | 275,000 | +100.0% | 0.04% | – |
| HCCCW | New | HEALTHCARE CAPITAL CORP*w exp 12/31/202 | $123,000 | – | 195,771 | +100.0% | 0.04% | – |
| HHLAWS | New | HH&L ACQUISITION CO*w exp 02/04/202 | $119,000 | – | 150,000 | +100.0% | 0.04% | – |
| DNZWS | New | D AND Z MEDIA ACQUISITION CO*w exp 01/27/202 | $120,000 | – | 200,000 | +100.0% | 0.04% | – |
| JOFFW | New | JOFF FINTECH ACQUISITION COR*w exp 02/04/202 | $83,000 | – | 100,000 | +100.0% | 0.03% | – |
| PVWS | New | PRIMAVERA CAPITAL ACQUIST CO*w exp 01/19/202 | $82,000 | – | 100,000 | +100.0% | 0.03% | – |
| AEACW | New | AUTHENTIC EQUITY ACQUISTN CO*w exp 01/20/202 | $80,000 | – | 125,000 | +100.0% | 0.03% | – |
| NRACW | New | NOBLE ROCK ACQUISITION CORP*w exp 01/31/202 | $56,000 | – | 83,332 | +100.0% | 0.02% | – |
| HLAHW | New | HAMILTON LANE ALLIANCE HLDGS*w exp 01/12/202 | $55,000 | – | 80,000 | +100.0% | 0.02% | – |
| AACWS | New | ARES ACQUISITION CORPORATION*w exp 99/99/999 | $53,000 | – | 60,000 | +100.0% | 0.02% | – |
| PAQCW | New | PROVIDENT ACQUISITION CORP*w exp 01/08/202 | $40,000 | – | 50,000 | +100.0% | 0.01% | – |
Original filings
The following EDGAR filing(s) were analyzed to create this report:
- View 13F-HR filed 2021-05-17
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.