FIRST SABREPOINT CAPITAL MANAGEMENT LP Hedge Fund

CIK: 0001731530 · Show all filings

Period: Q3 2020 (← Previous) (Next →)

Filing Date: Nov 13, 2020

Total Value ($000): $280,278 (100.0% shares, 0.0% debt)

Holdings (32)

CLW CLEARWATER PAPER CORP 7.2%

Value ($000) $20,219 Shares 532,911 Est. Cost $25.94 Unrealized +38.2%

— TURNING PT BRANDS INC 6.0%

Value ($000) $16,740 Shares 600,000 Est. Cost — Unrealized —

WD WALKER & DUNLOP INC 5.7%

Value ($000) $15,900 Shares 300,000 Est. Cost $47.73 Unrealized -4.7%

TPB TURNING PT BRANDS INC 5.3%

Value ($000) $14,787 Shares 530,000 Est. Cost $27.70 Unrealized +6.1%

— CLEARWATER PAPER CORP 4.9%

Value ($000) $13,810 Shares 364,000 Est. Cost — Unrealized —

SEB SEABOARD CORP 4.7%

Value ($000) $13,069 Shares 4,607 Est. Cost $3904.37 Unrealized -28.3%

UPWK UPWORK INC 4.4%

Value ($000) $12,208 Shares 700,000 Est. Cost $10.82 Unrealized +38.4%

MTCH MATCH GROUP INC NEW 4.3%

Value ($000) $12,006 Shares 108,500 Est. Cost $103.47 Unrealized 0.0%

PGNY PROGYNY INC 4.2%

Value ($000) $11,772 Shares 400,000 Est. Cost $27.57 Unrealized 0.0%

SPOT SPOTIFY TECHNOLOGY SA 4.0%

Value ($000) $11,158 Shares 46,000 Est. Cost $148.64 Unrealized +73.8%

VST VISTRA CORP 3.7%

Value ($000) $10,373 Shares 550,000 Est. Cost $16.72 Unrealized 0.0%

— CERIDIAN HCM HOLDING INC 3.5%

Value ($000) $9,918 Shares 120,000 Est. Cost $41.78 Unrealized +87.2%

CRM SALESFORCE COM INC 3.4%

Value ($000) $9,550 Shares 38,000 Est. Cost $151.77 Unrealized +42.5%

MSFT MICROSOFT CORP 3.4%

Value ($000) $9,465 Shares 45,000 Est. Cost $156.34 Unrealized +28.4%

TJX TJX COS INC NEW 3.3%

Value ($000) $9,349 Shares 168,000 Est. Cost $52.28 Unrealized -4.3%

ORLY OREILLY AUTOMOTIVE INC 3.3%

Value ($000) $9,314 Shares 20,200 Est. Cost $25.86 Unrealized +17.5%

FNF FIDELITY NATIONAL FINANCIAL 3.1%

Value ($000) $8,767 Shares 280,000 Est. Cost $21.23 Unrealized +15.0%

EEFT EURONET WORLDWIDE INC 2.7%

Value ($000) $7,516 Shares 82,500 Est. Cost $96.60 Unrealized +1.0%

SSNC SS&C TECHNOLOGIES HLDGS INC 2.7%

Value ($000) $7,504 Shares 124,000 Est. Cost $51.11 Unrealized +17.1%

DG DOLLAR GEN CORP NEW 2.6%

Value ($000) $7,337 Shares 35,000 Est. Cost $142.31 Unrealized +27.9%

PGR PROGRESSIVE CORP 2.6%

Value ($000) $7,290 Shares 77,000 Est. Cost $57.54 Unrealized +33.0%

ATR APTARGROUP INC 2.5%

Value ($000) $6,962 Shares 61,500 Est. Cost $104.20 Unrealized +4.7%

CHWY CHEWY INC 2.5%

Value ($000) $6,956 Shares 126,859 Est. Cost $25.58 Unrealized +110.9%

PZZA PAPA JOHNS INTL INC 2.4%

Value ($000) $6,829 Shares 83,000 Est. Cost $51.69 Unrealized +53.4%

— IAC INTERACTIVECORP NEW 2.4%

Value ($000) $6,588 Shares 55,000 Est. Cost $119.78 Unrealized —

DBX DROPBOX INC 1.6%

Value ($000) $4,622 Shares 240,000 Est. Cost $21.13 Unrealized -1.5%

EB EVENTBRITE INC 1.1%

Value ($000) $3,092 Shares 285,000 Est. Cost $9.94 Unrealized 0.0%

LYV LIVE NATION ENTERTAINMENT IN 1.0%

Value ($000) $2,829 Shares 52,500 Est. Cost $51.56 Unrealized 0.0%

PRSU VIAD CORP 0.9%

Value ($000) $2,604 Shares 125,000 Est. Cost $18.73 Unrealized 0.0%

— FRONT YD RESIDENTIAL CORP 0.5%

Value ($000) $1,378 Shares 157,623 Est. Cost $8.70 Unrealized —

— GAMESTOP CORP NEW 0.1%

Value ($000) $255 Shares 25,000 Est. Cost — Unrealized —

GDRX GOODRX HLDGS INC 0.0%

Value ($000) $111 Shares 2,000 Est. Cost $52.94 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
CLW	CLEARWATER PAPER CORP	532,911	$20,219	7.2%	$25.94	+38.2%	COM	18538R103
—	TURNING PT BRANDS INC	600,000	$16,740	6.0%	—	—	Call	90041L905
WD	WALKER & DUNLOP INC	300,000	$15,900	5.7%	$47.73	-4.7%	COM	93148P102
TPB	TURNING PT BRANDS INC	530,000	$14,787	5.3%	$27.70	+6.1%	COM	90041L105
—	CLEARWATER PAPER CORP	364,000	$13,810	4.9%	—	—	Call	18538R903
SEB	SEABOARD CORP	4,607	$13,069	4.7%	$3904.37	-28.3%	COM	811543107
UPWK	UPWORK INC	700,000	$12,208	4.4%	$10.82	+38.4%	COM	91688F104
MTCH	MATCH GROUP INC NEW	108,500	$12,006	4.3%	$103.47	0.0%	COM	57667L107
PGNY	PROGYNY INC	400,000	$11,772	4.2%	$27.57	0.0%	COM	74340E103
SPOT	SPOTIFY TECHNOLOGY SA	46,000	$11,158	4.0%	$148.64	+73.8%	SHS	L8681T102
VST	VISTRA CORP	550,000	$10,373	3.7%	$16.72	0.0%	COM	92840M102
—	CERIDIAN HCM HOLDING INC	120,000	$9,918	3.5%	$41.78	+87.2%	COM	15677J108
CRM	SALESFORCE COM INC	38,000	$9,550	3.4%	$151.77	+42.5%	COM	79466L302
MSFT	MICROSOFT CORP	45,000	$9,465	3.4%	$156.34	+28.4%	COM	594918104
TJX	TJX COS INC NEW	168,000	$9,349	3.3%	$52.28	-4.3%	COM	872540109
ORLY	OREILLY AUTOMOTIVE INC	20,200	$9,314	3.3%	$25.86	+17.5%	COM	67103H107
FNF	FIDELITY NATIONAL FINANCIAL	280,000	$8,767	3.1%	$21.23	+15.0%	FNF GROUP COM	31620R303
EEFT	EURONET WORLDWIDE INC	82,500	$7,516	2.7%	$96.60	+1.0%	COM	298736109
SSNC	SS&C TECHNOLOGIES HLDGS INC	124,000	$7,504	2.7%	$51.11	+17.1%	COM	78467J100
DG	DOLLAR GEN CORP NEW	35,000	$7,337	2.6%	$142.31	+27.9%	COM	256677105
PGR	PROGRESSIVE CORP	77,000	$7,290	2.6%	$57.54	+33.0%	COM	743315103
ATR	APTARGROUP INC	61,500	$6,962	2.5%	$104.20	+4.7%	COM	038336103
CHWY	CHEWY INC	126,859	$6,956	2.5%	$25.58	+110.9%	CL A	16679L109
PZZA	PAPA JOHNS INTL INC	83,000	$6,829	2.4%	$51.69	+53.4%	COM	698813102
—	IAC INTERACTIVECORP NEW	55,000	$6,588	2.4%	$119.78	—	COM	44891N109
DBX	DROPBOX INC	240,000	$4,622	1.6%	$21.13	-1.5%	CL A	26210C104
EB	EVENTBRITE INC	285,000	$3,092	1.1%	$9.94	0.0%	COM CL A	29975E109
LYV	LIVE NATION ENTERTAINMENT IN	52,500	$2,829	1.0%	$51.56	0.0%	COM	538034109
PRSU	VIAD CORP	125,000	$2,604	0.9%	$18.73	0.0%	COM NEW	92552R406
—	FRONT YD RESIDENTIAL CORP	157,623	$1,378	0.5%	$8.70	—	COM	35904G107
—	GAMESTOP CORP NEW	25,000	$255	0.1%	—	—	Put	36467W959
GDRX	GOODRX HLDGS INC	2,000	$111	0.0%	$52.94	0.0%	COM CL A	38246G108