FIRST SABREPOINT CAPITAL MANAGEMENT LP Hedge Fund

Location: Dallas, TX

CIK: 0001731530 · Show all filings

Period: Q1 2020 (← Previous) (Next →)

Filing Date: May 15, 2020

Total Value: $247M (100.0% shares, 0.0% debt)

Holdings (34)

SEB SEABOARD CORP 7.6%

Value $18.84M Shares 6,696 Est. Cost $3904.37 Unrealized -8.8%

LOPE GRAND CANYON ED INC 7.1%

Value $17.55M Shares 230,000 Est. Cost $90.32 Unrealized -8.9%

CLW CLEARWATER PAPER CORP 5.2%

Value $12.9M Shares 591,402 Est. Cost $25.69 Unrealized -6.4%

SPOT SPOTIFY TECHNOLOGY S A 4.6%

Value $11.26M Shares 92,730 Est. Cost $148.64 Unrealized -4.8%

WD WALKER & DUNLOP INC 4.5%

Value $11.07M Shares 275,000 Est. Cost $50.46 Unrealized +6.6%

— MATCH GROUP INC 4.4%

Value $10.9M Shares 165,000 Est. Cost $73.83 Unrealized —

CHWY CHEWY INC 4.3%

Value $10.5M Shares 280,000 Est. Cost $25.58 Unrealized +14.8%

CRM SALESFORCE COM INC 3.9%

Value $9.717M Shares 67,486 Est. Cost $151.77 Unrealized +11.6%

TPB TURNING PT BRANDS INC 3.8%

Value $9.5M Shares 450,000 Est. Cost $27.12 Unrealized -13.7%

— RENEWABLE ENERGY GROUP INC 3.6%

Value $8.854M Shares 431,287 Est. Cost $26.95 Unrealized —

MSFT MICROSOFT CORP 3.5%

Value $8.674M Shares 55,000 Est. Cost $156.34 Unrealized 0.0%

HAS HASBRO INC 3.5%

Value $8.586M Shares 120,000 Est. Cost $73.89 Unrealized -6.9%

ATR APTARGROUP INC 3.4%

Value $8.461M Shares 85,000 Est. Cost $104.20 Unrealized -3.6%

DLTR DOLLAR TREE INC 3.4%

Value $8.366M Shares 113,875 Est. Cost $85.14 Unrealized 0.0%

DG DOLLAR GEN CORP NEW 3.4%

Value $8.306M Shares 55,000 Est. Cost $142.31 Unrealized 0.0%

— CERIDIAN HCM HLDG INC 3.3%

Value $8.262M Shares 165,000 Est. Cost $41.78 Unrealized +58.5%

PGR PROGRESSIVE CORP OHIO 3.3%

Value $8.122M Shares 110,000 Est. Cost $57.54 Unrealized +13.6%

PZZA PAPA JOHNS INTL INC 3.2%

Value $8.006M Shares 150,000 Est. Cost $51.69 Unrealized 0.0%

TJX TJX COS INC NEW 3.1%

Value $7.65M Shares 160,000 Est. Cost $53.34 Unrealized 0.0%

— STANDARD DIVERSIFIED INC 2.5%

Value $6.073M Shares 557,189 Est. Cost $14.21 Unrealized —

SSNC SS&C TECHNOLOGIES HLDGS INC 2.4%

Value $5.916M Shares 135,000 Est. Cost $51.11 Unrealized +10.6%

TSN TYSON FOODS INC 2.1%

Value $5.208M Shares 89,994 Est. Cost $71.79 Unrealized -12.7%

— CAL MAINE FOODS INC 1.8%

Value $4.398M Shares 100,000 Est. Cost — Unrealized —

— CLEARWATER PAPER CORP 1.8%

Value $4.384M Shares 201,000 Est. Cost — Unrealized —

EEFT EURONET WORLDWIDE INC 1.7%

Value $4.286M Shares 50,000 Est. Cost $99.46 Unrealized +33.2%

— RENEWABLE ENERGY GROUP INC 1.7%

Value $4.208M Shares 205,000 Est. Cost — Unrealized —

RGR STURM RUGER & CO INC 1.5%

Value $3.801M Shares 74,664 Est. Cost $49.13 Unrealized 0.0%

ORLY O REILLY AUTOMOTIVE INC NEW 1.4%

Value $3.402M Shares 11,300 Est. Cost $25.56 Unrealized 0.0%

DAR DARLING INGREDIENTS INC 1.2%

Value $2.916M Shares 152,100 Est. Cost $25.36 Unrealized 0.0%

— EURONAV NV ANTWERPEN 0.9%

Value $2.256M Shares 200,000 Est. Cost — Unrealized —

— AMERICAN OUTDOOR BRANDS CORP 0.7%

Value $1.75M Shares 210,863 Est. Cost $8.30 Unrealized —

— 8X8 INC NEW 0.6%

Value $1.386M Shares 100,000 Est. Cost — Unrealized —

— BRINKER INTL INC 0.5%

Value $1.201M Shares 100,000 Est. Cost — Unrealized —

— GAMESTOP CORP NEW 0.0%

Value $88,000 Shares 25,000 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
SEB	SEABOARD CORP	6,696	$18.84M	7.6%	$3904.37	-8.8%	COM	811543107
LOPE	GRAND CANYON ED INC	230,000	$17.55M	7.1%	$90.32	-8.9%	COM	38526M106
CLW	CLEARWATER PAPER CORP	591,402	$12.9M	5.2%	$25.69	-6.4%	COM	18538R103
SPOT	SPOTIFY TECHNOLOGY S A	92,730	$11.26M	4.6%	$148.64	-4.8%	SHS	L8681T102
WD	WALKER & DUNLOP INC	275,000	$11.07M	4.5%	$50.46	+6.6%	COM	93148P102
—	MATCH GROUP INC	165,000	$10.9M	4.4%	$73.83	—	COM	57665R106
CHWY	CHEWY INC	280,000	$10.5M	4.3%	$25.58	+14.8%	CL A	16679L109
CRM	SALESFORCE COM INC	67,486	$9.717M	3.9%	$151.77	+11.6%	COM	79466L302
TPB	TURNING PT BRANDS INC	450,000	$9.5M	3.8%	$27.12	-13.7%	COM	90041L105
—	RENEWABLE ENERGY GROUP INC	431,287	$8.854M	3.6%	$26.95	—	COM NEW	75972A301
MSFT	MICROSOFT CORP	55,000	$8.674M	3.5%	$156.34	0.0%	COM	594918104
HAS	HASBRO INC	120,000	$8.586M	3.5%	$73.89	-6.9%	COM	418056107
ATR	APTARGROUP INC	85,000	$8.461M	3.4%	$104.20	-3.6%	COM	038336103
DLTR	DOLLAR TREE INC	113,875	$8.366M	3.4%	$85.14	0.0%	COM	256746108
DG	DOLLAR GEN CORP NEW	55,000	$8.306M	3.4%	$142.31	0.0%	COM	256677105
—	CERIDIAN HCM HLDG INC	165,000	$8.262M	3.3%	$41.78	+58.5%	COM	15677J108
PGR	PROGRESSIVE CORP OHIO	110,000	$8.122M	3.3%	$57.54	+13.6%	COM	743315103
PZZA	PAPA JOHNS INTL INC	150,000	$8.006M	3.2%	$51.69	0.0%	COM	698813102
TJX	TJX COS INC NEW	160,000	$7.65M	3.1%	$53.34	0.0%	COM	872540109
—	STANDARD DIVERSIFIED INC	557,189	$6.073M	2.5%	$14.21	—	COM CL A	85336L109
SSNC	SS&C TECHNOLOGIES HLDGS INC	135,000	$5.916M	2.4%	$51.11	+10.6%	COM	78467J100
TSN	TYSON FOODS INC	89,994	$5.208M	2.1%	$71.79	-12.7%	CL A	902494103
—	CAL MAINE FOODS INC	100,000	$4.398M	1.8%	—	—	Call	128030902
—	CLEARWATER PAPER CORP	201,000	$4.384M	1.8%	—	—	Call	18538R903
EEFT	EURONET WORLDWIDE INC	50,000	$4.286M	1.7%	$99.46	+33.2%	COM	298736109
—	RENEWABLE ENERGY GROUP INC	205,000	$4.208M	1.7%	—	—	Call	75972A901
RGR	STURM RUGER & CO INC	74,664	$3.801M	1.5%	$49.13	0.0%	COM	864159108
ORLY	O REILLY AUTOMOTIVE INC NEW	11,300	$3.402M	1.4%	$25.56	0.0%	COM	67103H107
DAR	DARLING INGREDIENTS INC	152,100	$2.916M	1.2%	$25.36	0.0%	COM	237266101
—	EURONAV NV ANTWERPEN	200,000	$2.256M	0.9%	—	—	Call	B38564908
—	AMERICAN OUTDOOR BRANDS CORP	210,863	$1.75M	0.7%	$8.30	—	COM	02874P103
—	8X8 INC NEW	100,000	$1.386M	0.6%	—	—	Call	282914900
—	BRINKER INTL INC	100,000	$1.201M	0.5%	—	—	Call	109641900
—	GAMESTOP CORP NEW	25,000	$88,000	0.0%	—	—	Put	36467W959