$100 Million is the total value of Kingstown Capital's 79 reported holdings in Q3 2021. The portfolio turnover from Q2 2021 to Q3 2021 was 14.3% .
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| New | INFLECTION POINT ACQUSTN CORunit 09/21/2026 | $28,652,000 | – | 2,900,000 | +100.0% | 28.65% | – | |
| New | RESERVOIR MEDIA INC*w exp 08/26/202 | $891,000 | – | 450,000 | +100.0% | 0.89% | – | |
| AUSWS | Buy | AUSTERLITZ ACQUISITION CORP*w exp 02/19/202 | $651,000 | +0.3% | 385,000 | +2.7% | 0.65% | +67.8% |
| ASZWS | Buy | AUSTERLITZ ACQUISITION CORP*w exp 02/19/202 | $509,000 | -14.3% | 485,000 | +2.1% | 0.51% | +43.4% |
| GLBLW | Buy | CARTESIAN GROWTH CORP*w exp 02/26/202 | $382,000 | +30.4% | 360,000 | +2.9% | 0.38% | +118.3% |
| THMAW | Buy | THIMBLE POINT ACQUISITION CO*w exp 02/04/202 | $366,000 | -34.1% | 385,000 | +2.7% | 0.37% | +10.6% |
| OCAXW | Buy | OCA ACQUISITION CORP*w exp 01/14/202 | $309,000 | -22.6% | 585,000 | +1.7% | 0.31% | +29.8% |
| TLGAWS | Buy | TLG ACQUISITION ONE CORP*w exp 01/25/202 | $291,000 | -26.5% | 510,000 | +2.0% | 0.29% | +22.8% |
| OEPWW | Buy | ONE EQUITY PARTNERS OPEN WTR*w exp 01/14/202 | $279,000 | -27.2% | 435,000 | +2.4% | 0.28% | +21.8% |
| ITHXW | Buy | ITHAX ACQUISITION CORP*w exp 02/01/202 | $278,000 | -9.2% | 460,000 | +2.2% | 0.28% | +51.9% |
| PVWS | Buy | PRIMAVERA CAPITAL ACQUIST CO*w exp 01/19/202 | $274,000 | -14.1% | 322,500 | +3.2% | 0.27% | +43.5% |
| ITQRW | Buy | ITIQUIRA ACQUISITION CORP*w exp 02/03/202 | $273,000 | -38.1% | 535,000 | +1.9% | 0.27% | +3.8% |
| HLAHW | Buy | HAMILTON LANE ALLIANCE HLDGS*w exp 01/12/202 | $265,000 | -9.6% | 335,000 | +3.1% | 0.26% | +51.4% |
| MOTVWS | Buy | MOTIVE CAPITAL CORP*w exp 12/31/202 | $263,000 | +37.7% | 210,000 | +5.0% | 0.26% | +130.7% |
| DNZWS | Buy | D AND Z MEDIA ACQUISITION CO*w exp 01/27/202 | $258,000 | -31.4% | 410,000 | +2.5% | 0.26% | +14.7% |
| ISLEW | Buy | ISLEWORTH HEALTHCARE ACQU CO*w exp 08/02/202 | $253,000 | -19.7% | 460,000 | +2.2% | 0.25% | +34.6% |
| CPTKWS | Buy | CROWN PROPTECH ACQUISITIONS*w exp 99/99/999 | $249,000 | -36.0% | 485,000 | +2.1% | 0.25% | +7.3% |
| WPCBWS | Buy | WARBURG PINCUS CAPTAL CORP I*w exp 99/99/999 | $242,000 | -25.5% | 260,000 | +4.0% | 0.24% | +24.7% |
| New | SARCOS TECHN AND ROBOTICS CO*w exp 06/15/202 | $234,000 | – | 300,000 | +100.0% | 0.23% | – | |
| HCCCW | Buy | HEALTHCARE CAPITAL CORP*w exp 12/31/202 | $231,000 | -1.3% | 335,000 | +3.1% | 0.23% | +65.0% |
| TWLVW | Buy | TWELVE SEAS INVESTMENT CO II*w exp 03/02/202 | $221,000 | -23.5% | 335,000 | +3.1% | 0.22% | +27.7% |
| COVAW | Buy | COVA ACQUISITION CORP*w exp 02/05/202 | $209,000 | -33.0% | 360,000 | +2.9% | 0.21% | +12.4% |
| WALDW | Buy | WALDENCAST ACQUISITION CORP*w exp 03/11/202 | $202,000 | -6.5% | 235,000 | +19.8% | 0.20% | +56.6% |
| AACWS | Buy | ARES ACQUISITION CORPORATION*w exp 99/99/999 | $200,000 | -28.8% | 235,000 | +4.4% | 0.20% | +19.0% |
| SVOKW | Buy | SEVEN OAKS ACQUISITION CORP*w exp 12/22/202 | $188,000 | -29.3% | 235,000 | +4.4% | 0.19% | +18.2% |
| HTPAWS | New | HIGHLAND TRANSCEND PARTNERS*w exp 99/99/999 | $188,000 | – | 125,000 | +100.0% | 0.19% | – |
| LCAAW | Buy | L CATTERTON ASIA ACQUISITION*w exp 03/08/202 | $165,000 | -22.9% | 235,000 | +4.4% | 0.16% | +28.9% |
| NVSAW | Buy | NEW VISTA ACQUISITION CORP*w exp 02/01/202 | $165,000 | -26.7% | 235,000 | +4.4% | 0.16% | +23.1% |
| ASPCW | Buy | ALPHA CAPITAL ACQUISITION CO*w exp 02/16/202 | $164,000 | -29.6% | 297,500 | +3.5% | 0.16% | +18.0% |
| KAHCWS | Buy | KKR ACQUISITION HOLDING I CO*w exp 99/99/999 | $154,000 | -13.0% | 160,000 | +6.7% | 0.15% | +45.3% |
| PAQCW | Buy | PROVIDENT ACQUISITION CORP*w exp 01/08/202 | $141,000 | -20.8% | 235,000 | +4.4% | 0.14% | +33.0% |
| FRONW | Buy | FRONTIER ACQUISITION CORP*w exp 03/04/202 | $116,000 | -28.0% | 125,000 | +8.7% | 0.12% | +20.8% |
Original filings
The following EDGAR filing(s) were analyzed to create this report:
- View 13F-HR filed 2021-11-15
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.