FIRST SABREPOINT CAPITAL MANAGEMENT LP Hedge Fund

CIK: 0001731530 · Show all filings

Period: Q2 2020 (← Previous) (Next →)

Filing Date: Aug 14, 2020

Total Value ($000): $253,760 (100.0% shares, 0.0% debt)

Holdings (30)

CLW CLEARWATER PAPER CORP 9.6%

Value ($000) $24,271 Shares 671,772 Est. Cost $25.94 Unrealized +7.2%

WD WALKER & DUNLOP INC 6.7%

Value ($000) $17,021 Shares 335,000 Est. Cost $47.73 Unrealized -26.3%

SEB SEABOARD CORP 6.2%

Value ($000) $15,649 Shares 5,334 Est. Cost $3904.37 Unrealized -23.6%

— CLEARWATER PAPER CORP 5.7%

Value ($000) $14,542 Shares 402,500 Est. Cost — Unrealized —

SPOT SPOTIFY TECHNOLOGY SA 5.6%

Value ($000) $14,200 Shares 55,000 Est. Cost $148.64 Unrealized +15.3%

FNF FIDELITY NATIONAL FINANCIAL INC 4.0%

Value ($000) $10,194 Shares 332,500 Est. Cost $21.23 Unrealized 0.0%

— CERIDIAN HCM HOLDING INC 3.9%

Value ($000) $9,909 Shares 125,000 Est. Cost $41.78 Unrealized +53.6%

ORLY OREILLY AUTOMOTIVE INC 3.9%

Value ($000) $9,909 Shares 23,500 Est. Cost $25.86 Unrealized +1.1%

TPB TURNING POINT BRANDS INC 3.9%

Value ($000) $9,835 Shares 394,816 Est. Cost $27.12 Unrealized -15.3%

TJX TJX COS INC NEW 3.8%

Value ($000) $9,606 Shares 190,000 Est. Cost $52.28 Unrealized -10.8%

UPWK UPWORK INC 3.7%

Value ($000) $9,386 Shares 650,000 Est. Cost $10.50 Unrealized 0.0%

DBX DROPBOX INC 3.7%

Value ($000) $9,361 Shares 430,000 Est. Cost $21.13 Unrealized 0.0%

MSFT MICROSOFT CORP 3.6%

Value ($000) $9,158 Shares 45,000 Est. Cost $156.34 Unrealized +10.7%

CRM SALESFORCE COM INC 3.3%

Value ($000) $8,430 Shares 45,000 Est. Cost $151.77 Unrealized +9.7%

EEFT EURONET WORLDWIDE INC 3.2%

Value ($000) $8,026 Shares 83,766 Est. Cost $96.60 Unrealized -4.4%

DG DOLLAR GEN CORP NEW 3.0%

Value ($000) $7,620 Shares 40,000 Est. Cost $142.31 Unrealized +17.5%

PGR PROGRESSIVE CORP OHIO 3.0%

Value ($000) $7,610 Shares 95,000 Est. Cost $57.54 Unrealized +15.3%

PZZA PAPA JOHNS INTL INC 3.0%

Value ($000) $7,544 Shares 95,000 Est. Cost $51.69 Unrealized +24.0%

CHWY CHEWY INC 2.9%

Value ($000) $7,374 Shares 165,000 Est. Cost $25.58 Unrealized +70.5%

SSNC SS&C TECHNOLOGIES HLDGS INC 2.9%

Value ($000) $7,342 Shares 130,000 Est. Cost $51.11 Unrealized +6.6%

ATR APTARGROUP INC 2.9%

Value ($000) $7,279 Shares 65,000 Est. Cost $104.20 Unrealized -5.1%

— STANDARD DIVERSIFIED INC 2.5%

Value ($000) $6,275 Shares 486,449 Est. Cost $14.21 Unrealized —

RGR STURM RUGER & CO INC 2.4%

Value ($000) $6,004 Shares 79,000 Est. Cost $49.77 Unrealized +22.1%

— FRONT YARD RESIDENTIAL CORP 2.2%

Value ($000) $5,576 Shares 640,891 Est. Cost $8.70 Unrealized —

— SHOPIFY INC 1.3%

Value ($000) $3,227 Shares 3,400 Est. Cost — Unrealized —

— MATCH GROUP INC 1.1%

Value ($000) $2,676 Shares 25,000 Est. Cost $73.83 Unrealized —

— BRINKER INTL INC 0.9%

Value ($000) $2,400 Shares 100,000 Est. Cost — Unrealized —

— THE TRADE DESK INC 0.9%

Value ($000) $2,236 Shares 5,500 Est. Cost — Unrealized —

— RENEWABLE ENERGY GROUP INC 0.4%

Value ($000) $991 Shares 40,000 Est. Cost — Unrealized —

— GAMESTOP CORP NEW 0.0%

Value ($000) $109 Shares 25,000 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
CLW	CLEARWATER PAPER CORP	671,772	$24,271	9.6%	$25.94	+7.2%	COM	18538R103
WD	WALKER & DUNLOP INC	335,000	$17,021	6.7%	$47.73	-26.3%	COM	93148P102
SEB	SEABOARD CORP	5,334	$15,649	6.2%	$3904.37	-23.6%	COM	811543107
—	CLEARWATER PAPER CORP	402,500	$14,542	5.7%	—	—	Call	18538R903
SPOT	SPOTIFY TECHNOLOGY SA	55,000	$14,200	5.6%	$148.64	+15.3%	SHS	L8681T102
FNF	FIDELITY NATIONAL FINANCIAL INC	332,500	$10,194	4.0%	$21.23	0.0%	FNF GROUP COM	31620R303
—	CERIDIAN HCM HOLDING INC	125,000	$9,909	3.9%	$41.78	+53.6%	COM	15677J108
ORLY	OREILLY AUTOMOTIVE INC	23,500	$9,909	3.9%	$25.86	+1.1%	COM	67103H107
TPB	TURNING POINT BRANDS INC	394,816	$9,835	3.9%	$27.12	-15.3%	COM	90041L105
TJX	TJX COS INC NEW	190,000	$9,606	3.8%	$52.28	-10.8%	COM	872540109
UPWK	UPWORK INC	650,000	$9,386	3.7%	$10.50	0.0%	COM	91688F104
DBX	DROPBOX INC	430,000	$9,361	3.7%	$21.13	0.0%	CL A	26210C104
MSFT	MICROSOFT CORP	45,000	$9,158	3.6%	$156.34	+10.7%	COM	594918104
CRM	SALESFORCE COM INC	45,000	$8,430	3.3%	$151.77	+9.7%	COM	79466L302
EEFT	EURONET WORLDWIDE INC	83,766	$8,026	3.2%	$96.60	-4.4%	COM	298736109
DG	DOLLAR GEN CORP NEW	40,000	$7,620	3.0%	$142.31	+17.5%	COM	256677105
PGR	PROGRESSIVE CORP OHIO	95,000	$7,610	3.0%	$57.54	+15.3%	COM	743315103
PZZA	PAPA JOHNS INTL INC	95,000	$7,544	3.0%	$51.69	+24.0%	COM	698813102
CHWY	CHEWY INC	165,000	$7,374	2.9%	$25.58	+70.5%	CL A	16679L109
SSNC	SS&C TECHNOLOGIES HLDGS INC	130,000	$7,342	2.9%	$51.11	+6.6%	COM	78467J100
ATR	APTARGROUP INC	65,000	$7,279	2.9%	$104.20	-5.1%	COM	038336103
—	STANDARD DIVERSIFIED INC	486,449	$6,275	2.5%	$14.21	—	COM CL A	85336L109
RGR	STURM RUGER & CO INC	79,000	$6,004	2.4%	$49.77	+22.1%	COM	864159108
—	FRONT YARD RESIDENTIAL CORP	640,891	$5,576	2.2%	$8.70	—	COM	35904G107
—	SHOPIFY INC	3,400	$3,227	1.3%	—	—	Put	82509L957
—	MATCH GROUP INC	25,000	$2,676	1.1%	$73.83	—	COM	57665R106
—	BRINKER INTL INC	100,000	$2,400	0.9%	—	—	Call	109641900
—	THE TRADE DESK INC	5,500	$2,236	0.9%	—	—	Put	88339J955
—	RENEWABLE ENERGY GROUP INC	40,000	$991	0.4%	—	—	Call	75972A901
—	GAMESTOP CORP NEW	25,000	$109	0.0%	—	—	Put	36467W959