Soapstone Management L.P. Diversified Active

Location: Bethesda, MD

CIK: 0001726948 · Show all filings

Period: Q1 2020 (← Previous) (Next →)

Filing Date: May 15, 2020

Total Value: $116M (100.0% shares, 0.0% debt)

Holdings (15)

BLDR BUILDERS FIRSTSOURCE INC 19.5%

Value $22.63M Shares 1,850,000 Share Price $12.23 * Est. Cost/Share $18.51 Unrealized @ Report Date +22.0%

SCHW SCHWAB CHARLES CORP 11.6%

Value $13.45M Shares 400,000 Share Price $33.62 * Est. Cost/Share $42.20 Unrealized @ Report Date -8.3%

PSA PUBLIC STORAGE 10.7%

Value $12.41M Shares 62,500 Share Price $198.61 * Est. Cost/Share $168.37 Unrealized @ Report Date -1.0%

OLN OLIN CORP 9.9%

Value $11.52M Shares 987,500 Share Price $11.67 * Est. Cost/Share $17.80 Unrealized @ Report Date -26.8%

— BEACON ROOFING SUPPLY INC 9.6%

Value $11.16M Shares 675,000 Share Price $16.54 Est. Cost/Share $32.88 Unrealized @ Report Date —

GOOGL ALPHABET INC 6.6%

Value $7.64M Shares 6,575 Share Price $1161.98 * Est. Cost/Share $56.25 Unrealized @ Report Date +19.6%

URI UNITED RENTALS INC 6.1%

Value $7.111M Shares 69,110 Share Price $102.89 * Est. Cost/Share $123.87 Unrealized @ Report Date +3.6%

— BMC STK HLDGS INC 6.1%

Value $7.092M Shares 400,000 Share Price $17.73 Est. Cost/Share $20.19 Unrealized @ Report Date —

NSP INSPERITY INC 4.8%

Value $5.595M Shares 150,000 Share Price $37.30 * Est. Cost/Share $73.32 Unrealized @ Report Date -18.1%

FCPT FOUR CORNERS PPTY TR INC 4.6%

Value $5.351M Shares 285,995 Share Price $18.71 Est. Cost/Share $18.71 Unrealized @ Report Date —

UNH UNITEDHEALTH GROUP INC 3.2%

Value $3.693M Shares 14,807 Share Price $249.41 Est. Cost/Share $217.12 Unrealized @ Report Date +15.0%

EQH EQUITABLE HLDGS INC 2.5%

Value $2.89M Shares 200,000 Share Price $14.45 * Est. Cost/Share $18.74 Unrealized @ Report Date 0.0%

WFC WELLS FARGO CO NEW 2.5%

Value $2.87M Shares 100,000 Share Price $28.70 * Est. Cost/Share $44.41 Unrealized @ Report Date -17.5%

SU SUNCOR ENERGY INC NEW 1.6%

Value $1.857M Shares 117,500 Share Price $15.80 * Est. Cost/Share $26.80 Unrealized @ Report Date -22.5%

ASIX ADVANSIX INC 0.7%

Value $782K Shares 82,009 Share Price $9.54 * Est. Cost/Share $36.01 Unrealized @ Report Date -60.6%

Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
BLDR	BUILDERS FIRSTSOURCE INC	1,850,000	$22.63M	19.5%	$12.23 *	$18.51	+22.0%	COM	12008R107
SCHW	SCHWAB CHARLES CORP	400,000	$13.45M	11.6%	$33.62 *	$42.20	-8.3%	COM	808513105
PSA	PUBLIC STORAGE	62,500	$12.41M	10.7%	$198.61 *	$168.37	-1.0%	COM	74460D109
OLN	OLIN CORP	987,500	$11.52M	9.9%	$11.67 *	$17.80	-26.8%	COM PAR $1	680665205
—	BEACON ROOFING SUPPLY INC	675,000	$11.16M	9.6%	$16.54	$32.88	—	COM	073685109
GOOGL	ALPHABET INC	6,575	$7.64M	6.6%	$1161.98 *	$56.25	+19.6%	CAP STK CL A	02079K305
URI	UNITED RENTALS INC	69,110	$7.111M	6.1%	$102.89 *	$123.87	+3.6%	COM	911363109
—	BMC STK HLDGS INC	400,000	$7.092M	6.1%	$17.73	$20.19	—	COM	05591B109
NSP	INSPERITY INC	150,000	$5.595M	4.8%	$37.30 *	$73.32	-18.1%	COM	45778Q107
FCPT	FOUR CORNERS PPTY TR INC	285,995	$5.351M	4.6%	$18.71	$18.71	—	COM	35086T109
UNH	UNITEDHEALTH GROUP INC	14,807	$3.693M	3.2%	$249.41	$217.12	+15.0%	COM	91324P102
EQH	EQUITABLE HLDGS INC	200,000	$2.89M	2.5%	$14.45 *	$18.74	0.0%	COM	29452E101
WFC	WELLS FARGO CO NEW	100,000	$2.87M	2.5%	$28.70 *	$44.41	-17.5%	COM	949746101
SU	SUNCOR ENERGY INC NEW	117,500	$1.857M	1.6%	$15.80 *	$26.80	-22.5%	COM	867224107
ASIX	ADVANSIX INC	82,009	$782K	0.7%	$9.54 *	$36.01	-60.6%	COM	00773T101