Soapstone Management L.P. Diversified Active

CIK: 0001726948 · Show all filings

Period: Q1 2020 (← Previous) (Next →)

Filing Date: May 15, 2020

Total Value ($000): $116,057 (100.0% shares, 0.0% debt)

Holdings (15)

BLDR BUILDERS FIRSTSOURCE INC 19.5%

Value ($000) $22,626 Shares 1,850,000 Est. Cost $18.51 Unrealized +22.0%

SCHW SCHWAB CHARLES CORP 11.6%

Value ($000) $13,448 Shares 400,000 Est. Cost $42.20 Unrealized -8.3%

PSA PUBLIC STORAGE 10.7%

Value ($000) $12,413 Shares 62,500 Est. Cost $168.37 Unrealized -1.0%

OLN OLIN CORP 9.9%

Value ($000) $11,524 Shares 987,500 Est. Cost $17.80 Unrealized -26.8%

— BEACON ROOFING SUPPLY INC 9.6%

Value ($000) $11,165 Shares 675,000 Est. Cost $32.88 Unrealized —

GOOGL ALPHABET INC 6.6%

Value ($000) $7,640 Shares 6,575 Est. Cost $56.25 Unrealized +19.6%

URI UNITED RENTALS INC 6.1%

Value ($000) $7,111 Shares 69,110 Est. Cost $123.87 Unrealized +3.6%

— BMC STK HLDGS INC 6.1%

Value ($000) $7,092 Shares 400,000 Est. Cost $20.19 Unrealized —

NSP INSPERITY INC 4.8%

Value ($000) $5,595 Shares 150,000 Est. Cost $73.32 Unrealized -18.1%

FCPT FOUR CORNERS PPTY TR INC 4.6%

Value ($000) $5,351 Shares 285,995 Est. Cost $18.71 Unrealized —

UNH UNITEDHEALTH GROUP INC 3.2%

Value ($000) $3,693 Shares 14,807 Est. Cost $217.12 Unrealized +15.0%

EQH EQUITABLE HLDGS INC 2.5%

Value ($000) $2,890 Shares 200,000 Est. Cost $18.74 Unrealized 0.0%

WFC WELLS FARGO CO NEW 2.5%

Value ($000) $2,870 Shares 100,000 Est. Cost $44.41 Unrealized -17.5%

SU SUNCOR ENERGY INC NEW 1.6%

Value ($000) $1,857 Shares 117,500 Est. Cost $26.80 Unrealized -22.5%

ASIX ADVANSIX INC 0.7%

Value ($000) $782 Shares 82,009 Est. Cost $36.01 Unrealized -60.6%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
BLDR	BUILDERS FIRSTSOURCE INC	1,850,000	$22,626	19.5%	$18.51	+22.0%	COM	12008R107
SCHW	SCHWAB CHARLES CORP	400,000	$13,448	11.6%	$42.20	-8.3%	COM	808513105
PSA	PUBLIC STORAGE	62,500	$12,413	10.7%	$168.37	-1.0%	COM	74460D109
OLN	OLIN CORP	987,500	$11,524	9.9%	$17.80	-26.8%	COM PAR $1	680665205
—	BEACON ROOFING SUPPLY INC	675,000	$11,165	9.6%	$32.88	—	COM	073685109
GOOGL	ALPHABET INC	6,575	$7,640	6.6%	$56.25	+19.6%	CAP STK CL A	02079K305
URI	UNITED RENTALS INC	69,110	$7,111	6.1%	$123.87	+3.6%	COM	911363109
—	BMC STK HLDGS INC	400,000	$7,092	6.1%	$20.19	—	COM	05591B109
NSP	INSPERITY INC	150,000	$5,595	4.8%	$73.32	-18.1%	COM	45778Q107
FCPT	FOUR CORNERS PPTY TR INC	285,995	$5,351	4.6%	$18.71	—	COM	35086T109
UNH	UNITEDHEALTH GROUP INC	14,807	$3,693	3.2%	$217.12	+15.0%	COM	91324P102
EQH	EQUITABLE HLDGS INC	200,000	$2,890	2.5%	$18.74	0.0%	COM	29452E101
WFC	WELLS FARGO CO NEW	100,000	$2,870	2.5%	$44.41	-17.5%	COM	949746101
SU	SUNCOR ENERGY INC NEW	117,500	$1,857	1.6%	$26.80	-22.5%	COM	867224107
ASIX	ADVANSIX INC	82,009	$782	0.7%	$36.01	-60.6%	COM	00773T101