Soapstone Management L.P. Diversified Active

CIK: 0001726948 · Show all filings

Period: Q2 2020 (← Previous) (Next →)

Filing Date: Aug 14, 2020

Total Value ($000): $173,541 (100.0% shares, 0.0% debt)

Holdings (17)

BLDR BUILDERS FIRSTSOURCE INC 23.9%

Value ($000) $41,400 Shares 2,000,000 Est. Cost $18.48 Unrealized -2.2%

SCHW SCHWAB CHARLES CORP 11.2%

Value ($000) $19,401 Shares 575,000 Est. Cost $39.45 Unrealized -15.9%

— BEACON ROOFING SUPPLY INC 11.0%

Value ($000) $19,118 Shares 725,000 Est. Cost $32.43 Unrealized —

PSA PUBLIC STORAGE 6.9%

Value ($000) $11,993 Shares 62,500 Est. Cost $168.37 Unrealized -10.0%

CFG CITIZENS FINANCIAL GROUP INC 6.9%

Value ($000) $11,989 Shares 475,000 Est. Cost $17.73 Unrealized 0.0%

OLN OLIN CORP 6.6%

Value ($000) $11,490 Shares 1,000,000 Est. Cost $17.72 Unrealized -37.2%

— BMC STK HLDGS INC 5.8%

Value ($000) $10,056 Shares 400,000 Est. Cost $20.19 Unrealized —

NSP INSPERITY INC 5.6%

Value ($000) $9,710 Shares 150,000 Est. Cost $73.32 Unrealized -41.8%

GOOGL ALPHABET INC 4.7%

Value ($000) $8,154 Shares 5,750 Est. Cost $56.25 Unrealized +19.0%

FCPT FOUR CORNERS PPTY TR INC 4.6%

Value ($000) $7,930 Shares 325,000 Est. Cost $19.39 Unrealized —

EQH EQUITABLE HLDGS INC 2.8%

Value ($000) $4,823 Shares 250,000 Est. Cost $18.09 Unrealized -14.4%

WFC WELLS FARGO CO NEW 2.2%

Value ($000) $3,840 Shares 150,000 Est. Cost $37.60 Unrealized -36.2%

TFC TRUIST FINL CORP 2.2%

Value ($000) $3,755 Shares 100,000 Est. Cost $27.74 Unrealized 0.0%

URI UNITED RENTALS INC 2.1%

Value ($000) $3,726 Shares 25,000 Est. Cost $123.87 Unrealized -0.8%

FIS FIDELITY NATL INFORMATION SV 1.9%

Value ($000) $3,352 Shares 25,000 Est. Cost $116.75 Unrealized 0.0%

USB US BANCORP DEL 1.1%

Value ($000) $1,841 Shares 50,000 Est. Cost $27.85 Unrealized 0.0%

ASIX ADVANSIX INC 0.6%

Value ($000) $963 Shares 82,009 Est. Cost $36.01 Unrealized -70.5%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
BLDR	BUILDERS FIRSTSOURCE INC	2,000,000	$41,400	23.9%	$18.48	-2.2%	COM	12008R107
SCHW	SCHWAB CHARLES CORP	575,000	$19,401	11.2%	$39.45	-15.9%	COM	808513105
—	BEACON ROOFING SUPPLY INC	725,000	$19,118	11.0%	$32.43	—	COM	073685109
PSA	PUBLIC STORAGE	62,500	$11,993	6.9%	$168.37	-10.0%	COM	74460D109
CFG	CITIZENS FINANCIAL GROUP INC	475,000	$11,989	6.9%	$17.73	0.0%	COM	174610105
OLN	OLIN CORP	1,000,000	$11,490	6.6%	$17.72	-37.2%	COM PAR $1	680665205
—	BMC STK HLDGS INC	400,000	$10,056	5.8%	$20.19	—	COM	05591B109
NSP	INSPERITY INC	150,000	$9,710	5.6%	$73.32	-41.8%	COM	45778Q107
GOOGL	ALPHABET INC	5,750	$8,154	4.7%	$56.25	+19.0%	CAP STK CL A	02079K305
FCPT	FOUR CORNERS PPTY TR INC	325,000	$7,930	4.6%	$19.39	—	COM	35086T109
EQH	EQUITABLE HLDGS INC	250,000	$4,823	2.8%	$18.09	-14.4%	COM	29452E101
WFC	WELLS FARGO CO NEW	150,000	$3,840	2.2%	$37.60	-36.2%	COM	949746101
TFC	TRUIST FINL CORP	100,000	$3,755	2.2%	$27.74	0.0%	COM	89832Q109
URI	UNITED RENTALS INC	25,000	$3,726	2.1%	$123.87	-0.8%	COM	911363109
FIS	FIDELITY NATL INFORMATION SV	25,000	$3,352	1.9%	$116.75	0.0%	COM	31620M106
USB	US BANCORP DEL	50,000	$1,841	1.1%	$27.85	0.0%	COM NEW	902973304
ASIX	ADVANSIX INC	82,009	$963	0.6%	$36.01	-70.5%	COM	00773T101